Tallinn, Madala tn 24 korteriühistu

Active Registry code 80157193 KÜ Tallinn Registered 16 Nov 2001

Tallinn, Madala tn 24 korteriühistu is a KÜ based in Tallinn, registry code 80157193, status: active. Main activity: Management of buildings and rental houses (apartment associations, housing associations, building associations etc.). Its annual report for 2025 shows revenue of €19 413 and 1 employees.

Turnover

—

State taxes

877 €

↓ 18.1% vs Q2 2026

Labour taxes

899 €

↓ 18.4% vs Q2 2026

Employees

±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Real estate activities · EMTAK 68

Labour taxes per employee 899 €

above 52% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 19 413 €

above 58% of companies

industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025 2.7 %

above 44% of companies

industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026

Labour taxes per employee, € Q3 2026: 899 € · −18.4% vs Q2 2026 · industry median 857 € · above 52% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 877 € · −18.1% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	—	877	899	1
Q2 2026	—	1 071	1 102	1
Q1 2026	—	856	880	2
Q4 2025	—	812	834	1
Q3 2025	—	812	834	1
Q2 2025	—	812	834	1
Q1 2025	—	981	1 012	1
Q4 2024	—	718	740	1
Q3 2024	—	718	740	1
Q2 2024	—	919	950	1
Q1 2024	—	694	719	1
Q4 2023	—	647	669	1
Q3 2023	—	647	669	1
Q2 2023	—	647	669	1
Q1 2023	—	810	835	1
Q4 2022	—	1 118	1 145	1
Q3 2022	—	876	898	2
Q2 2022	—	876	895	2
Q1 2022	—	845	870	3

Labour taxes per employee per month

300 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 19 413 € · +9.5% vs 2024 · industry median 13 620 € · above 58% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 520 € · +100.0% vs 2024 · industry median 283 € · above 53% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 2.7 % · +1.2 pp vs the year before · industry median 5.9 % · above 44% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 55 700 € · −9.6% vs 2024

Equity, € 2025: 3 977 € · +15.0% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	19 413	520	7 659	55 700	3 977	1
2024	17 729	260	7 610	61 616	3 457	1
2023	15 993	33	6 819	65 673	2 821	1
2022	13 837	-67	8 735	69 370	2 623	2
2021	13 701	-175	8 736	74 964	2 690	2
2020	13 003	255	8 130	77 172	2 865	2
2019	20 676	30	7 887	80 331	2 610	2
2018	—	—	—	—	—	2
2017	—	—	—	—	—	2
2016	—	—	—	—	—	2
2015	—	—	—	—	—	2
2014	—	—	—	—	—	2
2013	—	—	—	—	—	2
2012	—	—	—	—	—	2
2011	—	—	—	—	—	2
2010	—	—	—	—	—	2
2009	—	—	—	—	—	0

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

2.7 %

Net profit / revenue

Return on equity (ROE)

13.1 %

Net profit / equity

Return on assets (ROA)

0.9 %

Net profit / assets

Equity ratio

7.1 %

Equity / assets

Debt ratio

92.9 %

Liabilities / assets

Current ratio

1.16

Current assets / current liabilities

Revenue per employee

19 413 €

Revenue / average full-time employees

Labour cost per employee per month

638 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	3 Aug 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	17 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	28 May 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	15 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	13 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	23 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	12 Jul 2020	Company’s own	e-Äriregister

Board

Alex Julm
Board member · since 13 Nov 2023
Jaune Engel
Board member · since 13 Nov 2023
Urmas Veia
Board member · since 13 Nov 2023

Right of representation

Any member of the management board may represent the apartment association in all transactions.

Owners

No owner information.

Activities (EMTAK)

68321Management of buildings and rental houses (apartment associations, housing associations, building associations etc.) Main

Rulings 20

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ü 10060070 / 21 7 Jan 2025	Amendment entry	In force 7 Jan 2025	PDF
Ü 10060070 / 20 13 Nov 2023	Amendment entry	In force 13 Nov 2023	PDF
Ü 10060070 / 19 1 Feb 2023	Amendment entry	In force 1 Feb 2023	PDF
Ü 10060070 / 18 2 Dec 2022	Amendment entry	In force 2 Dec 2022	PDF
Ü 10060070 / 17 6 Mar 2018	Amendment entry	In force 6 Mar 2018	PDF
M 10060070 / 16 30 Dec 2017	Registry card opened in the register of apartment associations	In force 30 Dec 2017	PDF
M 10060070 / 15 30 Dec 2017	Registry card closed in the register of non-profits and foundations	In force 30 Dec 2017	PDF
M 10060070 / 14 30 Dec 2017	Amendment entry	In force 30 Dec 2017	PDF
M 10060070 / 13 8 Nov 2017	Amendment entry	In force 8 Nov 2017	PDF
M 10060070 / 12 9 Nov 2016	Entry made by the register on its own initiative (Apartment Associations Act § 17¹)	In force 9 Nov 2016	PDF
M 10060070 / 11 31 Dec 2015	Amendment entry	In force 31 Dec 2015	PDF
M 10060070 / 10 28 Jul 2014	Amendment entry	In force 28 Jul 2014	PDF
M 10060070 / 9 13 May 2013	Amendment entry	In force 13 May 2013	PDF
M 60070 / 8 30 Jun 2008	Amendment entry	In force 30 Jun 2008	PDF
M 60070 / 7 16 Oct 2007	Entry refused: deficiencies not eliminated	In force 16 Oct 2007	PDF
M 60070 / 6 10 Apr 2007	Amendment entry	In force 10 Apr 2007	PDF
M 60070 / 5 3 Aug 2006	Amendment entry	In force 3 Aug 2006	PDF
M 60070 / 4 20 Jun 2006	Entry refused: deficiencies not eliminated	In force 26 Jun 2006	PDF
M 60070 / 3 22 Nov 2004	Amendment entry	In force	PDF
M 60070 / 2 6 Feb 2004	Amendment entry	In force	PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data