Tartu linn, Lao tn 1 korteriühistu

Active Registry code 80408235 KÜ Registered 27 Oct 2016
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Tartu linn, Lao tn 1 korteriühistu is a KÜ based in , registry code 80408235, 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 €1 943 and 0 employees.

Turnover
—
State taxes
293 €
↑ 173.8% vs Q2 2026
Labour taxes
311 €
↑ 168.1% vs Q2 2026
Employees
1
±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 311 €
    industry median 857 € · companies in the industry: 7 261
  • Revenue · 2025 1 943 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 1.1 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Labour taxes per employee, € Q3 2026: 311 € · +168.1% vs Q2 2026 · industry median 857 € · above 21% of the industry
02004006008001 000Q4 2023 Company: 113 € Industry median: 671 €Q4·23Q1 2024 Company: 85 € Industry median: 694 €Q2 2024 Company: 113 € Industry median: 712 €Q2·24Q3 2024 Company: — Industry median: 728 €Q4 2024 Company: 142 € Industry median: 727 €Q4·24Q1 2025 Company: 85 € Industry median: 780 €Q2 2025 Company: — Industry median: 771 €Q2·25Q3 2025 Company: 176 € Industry median: 812 €Q4 2025 Company: — Industry median: 812 €Q4·25Q1 2026 Company: 176 € Industry median: 818 €Q2 2026 Company: 116 € Industry median: 828 €Q2·26Q3 2026 Company: 311 € Industry median: 857 €Q3·2602004006008001 000Q4 2024 Company: 142 € Industry median: 727 €Q1 2025 Company: 85 € Industry median: 780 €Q1·25Q2 2025 Company: — Industry median: 771 €Q3 2025 Company: 176 € Industry median: 812 €Q3·25Q4 2025 Company: — Industry median: 812 €Q1 2026 Company: 176 € Industry median: 818 €Q1·26Q2 2026 Company: 116 € Industry median: 828 €Q3 2026 Company: 311 € Industry median: 857 €Q3·26
  • 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
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 293 € · +173.8% vs Q2 2026
0100200300Q4 2023 Company: 105 €Q4·23Q1 2024 Company: 78 €Q2 2024 Company: 105 €Q2·24Q3 2024 Company: —Q4 2024 Company: 131 €Q4·24Q1 2025 Company: 78 €Q2 2025 Company: —Q2·25Q3 2025 Company: 163 €Q4 2025 Company: —Q4·25Q1 2026 Company: 163 €Q2 2026 Company: 107 €Q2·26Q3 2026 Company: 293 €Q3·260100200300Q4 2024 Company: 131 €Q1 2025 Company: 78 €Q1·25Q2 2025 Company: —Q3 2025 Company: 163 €Q3·25Q4 2025 Company: —Q1 2026 Company: 163 €Q1·26Q2 2026 Company: 107 €Q3 2026 Company: 293 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 293 311 1
Q2 2026 — 107 116 1
Q1 2026 — 163 176 1
Q4 2025 — — — 1
Q3 2025 — 163 176 1
Q2 2025 — — — 1
Q1 2025 — 78 85 1
Q4 2024 — 131 142 1
Q3 2024 — — — 1
Q2 2024 — 105 113 1
Q1 2024 — 78 85 1
Q4 2023 — 105 113 1
Q3 2023 — — — 1
Q2 2023 — 131 142 1
Q1 2023 — 78 85 1
Q4 2022 — 131 142 1
Q3 2022 — — — 1
Q2 2022 — 105 113 1
Q1 2022 — 52 57 1
Labour taxes per employee per month
104 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2025
Revenue, € 2025: 1 943 € · +84.7% vs 2024 · industry median 13 620 € · above 22% of the industry
05 00010 00015 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4 980 € Industry median: 10 800 €20192020 Company: 11 175 € Industry median: 10 586 €20202021 Company: 6 433 € Industry median: 11 162 €20212022 Company: 4 869 € Industry median: 11 789 €20222023 Company: 14 563 € Industry median: 12 224 €20232024 Company: 1 052 € Industry median: 12 853 €20242025 Company: 1 943 € Industry median: 13 620 €202505 00010 00015 0002018 Company: — Industry median: —2019 Company: 4 980 € Industry median: 10 800 €20192020 Company: 11 175 € Industry median: 10 586 €2021 Company: 6 433 € Industry median: 11 162 €20212022 Company: 4 869 € Industry median: 11 789 €2023 Company: 14 563 € Industry median: 12 224 €20232024 Company: 1 052 € Industry median: 12 853 €2025 Company: 1 943 € Industry median: 13 620 €2025
  • 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: 21 € · +450.0% vs 2024 · industry median 283 € · above 41% of the industry
-10001002003002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4 € Industry median: 205 €20192020 Company: -10 € Industry median: 175 €20202021 Company: -7 € Industry median: 251 €20212022 Company: 66 € Industry median: 161 €20222023 Company: 175 € Industry median: 154 €20232024 Company: -6 € Industry median: 256 €20242025 Company: 21 € Industry median: 283 €2025-10001002003002018 Company: — Industry median: —2019 Company: 4 € Industry median: 205 €20192020 Company: -10 € Industry median: 175 €2021 Company: -7 € Industry median: 251 €20212022 Company: 66 € Industry median: 161 €2023 Company: 175 € Industry median: 154 €20232024 Company: -6 € Industry median: 256 €2025 Company: 21 € Industry median: 283 €2025
  • 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: 1.1 % · +1.7 pp vs the year before · industry median 5.9 % · above 39% of the industry
-2024682017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0.1 % Industry median: 5.7 %20192020 Company: -0.1 % Industry median: 5.6 %20202021 Company: -0.1 % Industry median: 7.4 %20212022 Company: 1.4 % Industry median: 5.9 %20222023 Company: 1.2 % Industry median: 5.2 %20232024 Company: -0.6 % Industry median: 5.9 %20242025 Company: 1.1 % Industry median: 5.9 %2025-2024682018 Company: — Industry median: —2019 Company: 0.1 % Industry median: 5.7 %20192020 Company: -0.1 % Industry median: 5.6 %2021 Company: -0.1 % Industry median: 7.4 %20212022 Company: 1.4 % Industry median: 5.9 %2023 Company: 1.2 % Industry median: 5.2 %20232024 Company: -0.6 % Industry median: 5.9 %2025 Company: 1.1 % Industry median: 5.9 %2025
  • 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: 19 685 € · +49.0% vs 2024
05 00010 00015 00020 00025 0002017 Company: —20172018 Company: —20182019 Company: 12 301 €20192020 Company: 23 612 €20202021 Company: 22 536 €20212022 Company: 24 061 €20222023 Company: 6 248 €20232024 Company: 13 215 €20242025 Company: 19 685 €202505 00010 00015 00020 00025 0002018 Company: —2019 Company: 12 301 €20192020 Company: 23 612 €2021 Company: 22 536 €20212022 Company: 24 061 €2023 Company: 6 248 €20232024 Company: 13 215 €2025 Company: 19 685 €2025
Equity, € 2025: 5 734 € · +11.1% vs 2024
02 0004 0006 0002017 Company: —20172018 Company: —20182019 Company: 2 237 €20192020 Company: 2 777 €20202021 Company: 3 275 €20212022 Company: 3 892 €20222023 Company: 4 618 €20232024 Company: 5 163 €20242025 Company: 5 734 €202502 0004 0006 0002018 Company: —2019 Company: 2 237 €20192020 Company: 2 777 €2021 Company: 3 275 €20212022 Company: 3 892 €2023 Company: 4 618 €20232024 Company: 5 163 €2025 Company: 5 734 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • 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 1 943 21 1 068 19 685 5 734 0
2024 1 052 -6 940 13 215 5 163 0
2023 14 563 175 940 6 248 4 618 0
2022 4 869 66 940 24 061 3 892 0
2021 6 433 -7 1 096 22 536 3 275 0
2020 11 175 -10 919 23 612 2 777 0
2019 4 980 4 940 12 301 2 237 0
2018 — — — — — 0
2017 — — — — — 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
1.1 %
Net profit / revenue
Return on equity (ROE)
0.4 %
Net profit / equity
Return on assets (ROA)
0.1 %
Net profit / assets
Equity ratio
29.1 %
Equity / assets
Debt ratio
70.9 %
Liabilities / assets
Current ratio
15.52
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 13 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 8 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 4 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 10 Aug 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 28 Sep 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 28 Sep 2022 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 21 Oct 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

No owner information.

Beneficial owners

No beneficial owners listed.

Founders and other persons

  • Hanno Vares
    Founder (without contribution) · 4 Oct 2016
  • Merle Aas
    Founder (without contribution) · 4 Oct 2016
  • Rainis Haller
    Founder (without contribution) · 4 Oct 2016

Activities (EMTAK)

  • 68321Management of buildings and rental houses (apartment associations, housing associations, building associations etc.) Main
Rulings
Number, date Title Deadline State Document
Ü 50039048 / 7
1 Feb 2023
Amendment entry In force
1 Feb 2023
PDF
M 50039048 / 6
8 Jan 2018
Registry card opened in the register of apartment associations In force
8 Jan 2018
PDF
M 50039048 / 5
8 Jan 2018
Registry card closed in the register of non-profits and foundations In force
8 Jan 2018
PDF
M 50039048 / 4
8 Jan 2018
Amendment entry In force
8 Jan 2018
PDF
M 50039048 / 3
20 Dec 2017
Amendment entry In force
20 Dec 2017
PDF
M 50039048 / 2
12 Dec 2017
Amendment entry In force
12 Dec 2017
PDF
M 50039048
27 Oct 2016
First entry In force
27 Oct 2016
PDF
M 50039048 / M2
19 Oct 2016
Ruling to eliminate deficiencies 18 Nov 2016 Deficiencies eliminated
27 Oct 2016
PDF
M 50039048 / M1
11 Oct 2016
Ruling to eliminate deficiencies 10 Nov 2016 Deficiencies eliminated
27 Oct 2016
PDF

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