Tallinn, Mustakivi tee 25 korteriühistu

Active Registry code 80432707 KÜ Tallinn Registered 29 Dec 2017
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Tallinn, Mustakivi tee 25 korteriühistu is a KÜ based in Tallinn, registry code 80432707, 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 €248 830 and 4 employees.

Turnover
—
State taxes
13 691 €
↑ 16.9% vs Q2 2026
Labour taxes
14 115 €
↑ 16.9% vs Q2 2026
Employees
5
+1 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 2 823 €
    industry median 857 € · companies in the industry: 7 261
  • Revenue · 2025 248 830 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 1.8 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Labour taxes per employee, € Q3 2026: 2 823 € · −6.5% vs Q2 2026 · industry median 857 € · above 91% of the industry
01 0002 0003 0004 000Q4 2023 Company: 2 598 € Industry median: 671 €Q4·23Q1 2024 Company: 2 525 € Industry median: 694 €Q2 2024 Company: 2 579 € Industry median: 712 €Q2·24Q3 2024 Company: 2 638 € Industry median: 728 €Q4 2024 Company: 2 761 € Industry median: 727 €Q4·24Q1 2025 Company: 2 968 € Industry median: 780 €Q2 2025 Company: 2 763 € Industry median: 771 €Q2·25Q3 2025 Company: 3 318 € Industry median: 812 €Q4 2025 Company: 3 196 € Industry median: 812 €Q4·25Q1 2026 Company: 3 254 € Industry median: 818 €Q2 2026 Company: 3 018 € Industry median: 828 €Q2·26Q3 2026 Company: 2 823 € Industry median: 857 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 761 € Industry median: 727 €Q1 2025 Company: 2 968 € Industry median: 780 €Q1·25Q2 2025 Company: 2 763 € Industry median: 771 €Q3 2025 Company: 3 318 € Industry median: 812 €Q3·25Q4 2025 Company: 3 196 € Industry median: 812 €Q1 2026 Company: 3 254 € Industry median: 818 €Q1·26Q2 2026 Company: 3 018 € Industry median: 828 €Q3 2026 Company: 2 823 € 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: 5 · +25.0% vs Q2 2026
012345Q4 2023 Company: 4Q4·23Q1 2024 Company: 4Q2 2024 Company: 4Q2·24Q3 2024 Company: 4Q4 2024 Company: 4Q4·24Q1 2025 Company: 4Q2 2025 Company: 4Q2·25Q3 2025 Company: 4Q4 2025 Company: 4Q4·25Q1 2026 Company: 4Q2 2026 Company: 4Q2·26Q3 2026 Company: 5Q3·26012345Q4 2024 Company: 4Q1 2025 Company: 4Q1·25Q2 2025 Company: 4Q3 2025 Company: 4Q3·25Q4 2025 Company: 4Q1 2026 Company: 4Q1·26Q2 2026 Company: 4Q3 2026 Company: 5Q3·26
State taxes, € Q3 2026: 13 691 € · +16.9% vs Q2 2026
05 00010 00015 000Q4 2023 Company: 10 033 €Q4·23Q1 2024 Company: 9 703 €Q2 2024 Company: 9 909 €Q2·24Q3 2024 Company: 10 144 €Q4 2024 Company: 10 606 €Q4·24Q1 2025 Company: 11 430 €Q2 2025 Company: 10 471 €Q2·25Q3 2025 Company: 12 737 €Q4 2025 Company: 12 293 €Q4·25Q1 2026 Company: 12 632 €Q2 2026 Company: 11 707 €Q2·26Q3 2026 Company: 13 691 €Q3·2605 00010 00015 000Q4 2024 Company: 10 606 €Q1 2025 Company: 11 430 €Q1·25Q2 2025 Company: 10 471 €Q3 2025 Company: 12 737 €Q3·25Q4 2025 Company: 12 293 €Q1 2026 Company: 12 632 €Q1·26Q2 2026 Company: 11 707 €Q3 2026 Company: 13 691 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 13 691 14 115 5
Q2 2026 — 11 707 12 073 4
Q1 2026 — 12 632 13 014 4
Q4 2025 — 12 293 12 785 4
Q3 2025 — 12 737 13 273 4
Q2 2025 — 10 471 11 052 4
Q1 2025 — 11 430 11 873 4
Q4 2024 — 10 606 11 042 4
Q3 2024 — 10 144 10 553 4
Q2 2024 — 9 909 10 315 4
Q1 2024 — 9 703 10 100 4
Q4 2023 — 10 033 10 390 4
Q3 2023 — 13 110 13 613 5
Q2 2023 — 13 382 14 036 6
Q1 2023 — 11 034 11 600 6
Q4 2022 — 11 469 12 194 6
Q3 2022 — 13 172 13 852 8
Q2 2022 — 10 676 11 306 9
Q1 2022 — 8 162 8 696 6
Labour taxes per employee per month
941 €

Q3 2026 · calculated from EMTA data

Financials by year

2018 – 2025
Revenue, € thousand 2025: 248 830 € · −10.8% vs 2024 · industry median 13 620 € · above 93% of the industry
01002003002018 Company: — Industry median: —20182019 Company: 158 653 € Industry median: 10 800 €20192020 Company: 228 539 € Industry median: 10 586 €20202021 Company: 189 590 € Industry median: 11 162 €20212022 Company: 196 526 € Industry median: 11 789 €20222023 Company: 220 414 € Industry median: 12 224 €20232024 Company: 279 005 € Industry median: 12 853 €20242025 Company: 248 830 € Industry median: 13 620 €202501002003002018 Company: — Industry median: —2019 Company: 158 653 € Industry median: 10 800 €20192020 Company: 228 539 € Industry median: 10 586 €2021 Company: 189 590 € Industry median: 11 162 €20212022 Company: 196 526 € Industry median: 11 789 €2023 Company: 220 414 € Industry median: 12 224 €20232024 Company: 279 005 € Industry median: 12 853 €2025 Company: 248 830 € 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: 4 543 € · −31.8% vs 2024 · industry median 283 € · above 72% of the industry
-30 000-20 000-10 000010 0002018 Company: — Industry median: —20182019 Company: 5 997 € Industry median: 205 €20192020 Company: 2 194 € Industry median: 175 €20202021 Company: -22 074 € Industry median: 251 €20212022 Company: -6 161 € Industry median: 161 €20222023 Company: -4 816 € Industry median: 154 €20232024 Company: 6 666 € Industry median: 256 €20242025 Company: 4 543 € Industry median: 283 €2025-30 000-20 000-10 000010 0002018 Company: — Industry median: —2019 Company: 5 997 € Industry median: 205 €20192020 Company: 2 194 € Industry median: 175 €2021 Company: -22 074 € Industry median: 251 €20212022 Company: -6 161 € Industry median: 161 €2023 Company: -4 816 € Industry median: 154 €20232024 Company: 6 666 € Industry median: 256 €2025 Company: 4 543 € 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: 1.8 % · −0.6 pp vs the year before · industry median 5.9 % · above 42% of the industry
-15-10-505102018 Company: — Industry median: —20182019 Company: 3.8 % Industry median: 5.7 %20192020 Company: 1.0 % Industry median: 5.6 %20202021 Company: -11.6 % Industry median: 7.4 %20212022 Company: -3.1 % Industry median: 5.9 %20222023 Company: -2.2 % Industry median: 5.2 %20232024 Company: 2.4 % Industry median: 5.9 %20242025 Company: 1.8 % Industry median: 5.9 %2025-15-10-505102018 Company: — Industry median: —2019 Company: 3.8 % Industry median: 5.7 %20192020 Company: 1.0 % Industry median: 5.6 %2021 Company: -11.6 % Industry median: 7.4 %20212022 Company: -3.1 % Industry median: 5.9 %2023 Company: -2.2 % Industry median: 5.2 %20232024 Company: 2.4 % Industry median: 5.9 %2025 Company: 1.8 % 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, € thousand 2025: 94 879 € · −1.5% vs 2024
0501001502018 Company: —20182019 Company: 85 033 €20192020 Company: 76 981 €20202021 Company: 104 349 €20212022 Company: 139 603 €20222023 Company: 138 619 €20232024 Company: 96 329 €20242025 Company: 94 879 €20250501001502018 Company: —2019 Company: 85 033 €20192020 Company: 76 981 €2021 Company: 104 349 €20212022 Company: 139 603 €2023 Company: 138 619 €20232024 Company: 96 329 €2025 Company: 94 879 €2025
Equity, € 2025: 35 021 € · +14.9% vs 2024
010 00020 00030 00040 0002018 Company: —20182019 Company: 22 625 €20192020 Company: 24 819 €20202021 Company: 2 745 €20212022 Company: 22 220 €20222023 Company: 23 813 €20232024 Company: 30 478 €20242025 Company: 35 021 €2025010 00020 00030 00040 0002018 Company: —2019 Company: 22 625 €20192020 Company: 24 819 €2021 Company: 2 745 €20212022 Company: 22 220 €2023 Company: 23 813 €20232024 Company: 30 478 €2025 Company: 35 021 €2025
Employees 2025: 4 · +0.0% vs 2024 · industry median 1 · above 95% of the industry
02468102018 Company: 0 Industry median: 120182019 Company: 2 Industry median: 120192020 Company: 6 Industry median: 120202021 Company: 10 Industry median: 120212022 Company: 10 Industry median: 120222023 Company: 4 Industry median: 120232024 Company: 4 Industry median: 120242025 Company: 4 Industry median: 1202502468102018 Company: 0 Industry median: 12019 Company: 2 Industry median: 120192020 Company: 6 Industry median: 12021 Company: 10 Industry median: 120212022 Company: 10 Industry median: 12023 Company: 4 Industry median: 120232024 Company: 4 Industry median: 12025 Company: 4 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 248 830 4 543 122 153 94 879 35 021 4
2024 279 005 6 666 110 674 96 329 30 478 4
2023 220 414 -4 816 125 394 138 619 23 813 4
2022 196 526 -6 161 130 163 139 603 22 220 10
2021 189 590 -22 074 96 414 104 349 2 745 10
2020 228 539 2 194 42 772 76 981 24 819 6
2019 158 653 5 997 7 125 85 033 22 625 2
2018 — — — — — 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
1.8 %
Net profit / revenue
Return on equity (ROE)
13.0 %
Net profit / equity
Return on assets (ROA)
4.8 %
Net profit / assets
Equity ratio
36.9 %
Equity / assets
Debt ratio
63.1 %
Liabilities / assets
Current ratio
1.59
Current assets / current liabilities
Revenue per employee
62 208 €
Revenue / average full-time employees
Labour cost per employee per month
2 545 €
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 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 29 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 27 Jan 2023 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 15 Jun 2022 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 31 May 2022 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.

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68321Management of buildings and rental houses (apartment associations, housing associations, building associations etc.) Main
Rulings
Number, date Title Deadline State Document
Ü 50072899 / 16
13 Jul 2026
Amendment entry In force
13 Jul 2026
PDF
Ü 50072899 / 15
1 Feb 2023
Amendment entry In force
1 Feb 2023
PDF
Ü 50072899 / 14
5 Jan 2023
Amendment entry In force
5 Jan 2023
PDF
Ü 50072899 / 13
15 Dec 2022
Amendment entry In force
15 Dec 2022
PDF
Ü 50072899 / 12
2 Dec 2022
Amendment entry In force
2 Dec 2022
PDF
Ü 50072899 / 11
25 Nov 2022
Entry refused In force
10 Dec 2022
PDF
Ü 50072899 / M7
17 Nov 2022
Procedural ruling In force
17 Nov 2022
PDF
Ü 50072899 / M6
22 Mar 2022
Warning of a fine: annual report not filed 21 Apr 2022 Deficiencies eliminated
19 Jul 2022
PDF
Ü 50072899 / 10
20 Dec 2021
Amendment entry In force
20 Dec 2021
PDF
Ü 50072899 / M5
15 Dec 2021
Ruling to eliminate deficiencies 29 Dec 2021 Deficiencies eliminated
20 Dec 2021
PDF
Ü 50072899 / 9
7 Apr 2020
Amendment entry In force
7 Apr 2020
PDF
Ü 50072899 / M4
6 Apr 2020
Procedural ruling 13 Apr 2020 Deficiencies eliminated
7 Apr 2020
PDF
Ü 50072899 / M3
27 Mar 2020
Ruling to eliminate deficiencies 6 Apr 2020 Deficiencies eliminated
7 Apr 2020
PDF
Ü 50072899 / 8
20 Dec 2018
Amendment entry In force
20 Dec 2018
PDF
Ü 50072899 / 7
11 Sep 2018
Amendment entry In force
11 Sep 2018
PDF
Ü 50072899 / M2
10 Sep 2018
Ruling to eliminate deficiencies 25 Sep 2018 Deficiencies eliminated
11 Sep 2018
PDF
Ü 50072899 / 6
4 Apr 2018
Amendment entry In force
4 Apr 2018
PDF
Ü 50072899 / 5
6 Mar 2018
Amendment entry In force
6 Mar 2018
PDF
M 50072899 / 4
8 Jan 2018
Registry card opened in the register of apartment associations In force
8 Jan 2018
PDF
M 50072899 / 3
8 Jan 2018
Registry card closed in the register of non-profits and foundations In force
8 Jan 2018
PDF
M 50072899 / 2
8 Jan 2018
Amendment entry In force
8 Jan 2018
PDF
M 50072899
29 Dec 2017
First entry In force
29 Dec 2017
PDF
M 50072899 / M1
27 Dec 2017
Procedural ruling In force
27 Dec 2017
PDF

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