Sihtasutus Tartu Teaduspark

Active Registry code 90001121 SA Tartu linn Registered 6 Aug 1997
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Sihtasutus Tartu Teaduspark is a SA based in Tartu linn, registry code 90001121, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €248 818 with 26 employees.

Turnover
248 818 €
↓ 52.3% vs Q2 2026
State taxes
107 259 €
↓ 28.5% vs Q2 2026
Labour taxes
106 591 €
↑ 2.5% vs Q2 2026
Employees
26
+2 vs Q2 2026

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

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 248 818 €
    industry median 15 030 € · companies in the industry: 7 443
  • Labour taxes per employee 4 100 €
    industry median 857 € · companies in the industry: 7 261
  • Revenue · 2025 0 €
    industry median 13 620 € · companies in the industry: 30 471

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 248 818 € · −52.3% vs Q2 2026 · industry median 15 030 € · above 91% of the industry
02004006008001 000Q4 2023 Company: 418 445 € Industry median: 14 897 €Q4·23Q1 2024 Company: 464 488 € Industry median: 15 027 €Q2 2024 Company: 312 310 € Industry median: 14 064 €Q2·24Q3 2024 Company: 584 994 € Industry median: 14 462 €Q4 2024 Company: 408 382 € Industry median: 14 610 €Q4·24Q1 2025 Company: 353 217 € Industry median: 14 672 €Q2 2025 Company: 889 959 € Industry median: 14 301 €Q2·25Q3 2025 Company: 332 729 € Industry median: 14 273 €Q4 2025 Company: 458 111 € Industry median: 14 464 €Q4·25Q1 2026 Company: 452 944 € Industry median: 14 759 €Q2 2026 Company: 521 970 € Industry median: 14 595 €Q2·26Q3 2026 Company: 248 818 € Industry median: 15 030 €Q3·2602004006008001 000Q4 2024 Company: 408 382 € Industry median: 14 610 €Q1 2025 Company: 353 217 € Industry median: 14 672 €Q1·25Q2 2025 Company: 889 959 € Industry median: 14 301 €Q3 2025 Company: 332 729 € Industry median: 14 273 €Q3·25Q4 2025 Company: 458 111 € Industry median: 14 464 €Q1 2026 Company: 452 944 € Industry median: 14 759 €Q1·26Q2 2026 Company: 521 970 € Industry median: 14 595 €Q3 2026 Company: 248 818 € Industry median: 15 030 €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.

Labour taxes per employee, € Q3 2026: 4 100 € · −5.4% vs Q2 2026 · industry median 857 € · above 98% of the industry
02 0004 0006 000Q4 2023 Company: 4 254 € Industry median: 671 €Q4·23Q1 2024 Company: 4 517 € Industry median: 694 €Q2 2024 Company: 4 814 € Industry median: 712 €Q2·24Q3 2024 Company: 4 223 € Industry median: 728 €Q4 2024 Company: 5 152 € Industry median: 727 €Q4·24Q1 2025 Company: 4 610 € Industry median: 780 €Q2 2025 Company: 4 507 € Industry median: 771 €Q2·25Q3 2025 Company: 4 249 € Industry median: 812 €Q4 2025 Company: 3 991 € Industry median: 812 €Q4·25Q1 2026 Company: 4 659 € Industry median: 818 €Q2 2026 Company: 4 332 € Industry median: 828 €Q2·26Q3 2026 Company: 4 100 € Industry median: 857 €Q3·2602 0004 0006 000Q4 2024 Company: 5 152 € Industry median: 727 €Q1 2025 Company: 4 610 € Industry median: 780 €Q1·25Q2 2025 Company: 4 507 € Industry median: 771 €Q3 2025 Company: 4 249 € Industry median: 812 €Q3·25Q4 2025 Company: 3 991 € Industry median: 812 €Q1 2026 Company: 4 659 € Industry median: 818 €Q1·26Q2 2026 Company: 4 332 € Industry median: 828 €Q3 2026 Company: 4 100 € 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: 26 · +8.3% vs Q2 2026
0102030Q4 2023 Company: 16Q4·23Q1 2024 Company: 15Q2 2024 Company: 15Q2·24Q3 2024 Company: 17Q4 2024 Company: 15Q4·24Q1 2025 Company: 19Q2 2025 Company: 20Q2·25Q3 2025 Company: 21Q4 2025 Company: 23Q4·25Q1 2026 Company: 22Q2 2026 Company: 24Q2·26Q3 2026 Company: 26Q3·260102030Q4 2024 Company: 15Q1 2025 Company: 19Q1·25Q2 2025 Company: 20Q3 2025 Company: 21Q3·25Q4 2025 Company: 23Q1 2026 Company: 22Q1·26Q2 2026 Company: 24Q3 2026 Company: 26Q3·26
State taxes, € thousand Q3 2026: 107 259 € · −28.5% vs Q2 2026
050100150200Q4 2023 Company: 87 908 €Q4·23Q1 2024 Company: 101 761 €Q2 2024 Company: 77 524 €Q2·24Q3 2024 Company: 133 459 €Q4 2024 Company: 98 310 €Q4·24Q1 2025 Company: 85 613 €Q2 2025 Company: 155 758 €Q2·25Q3 2025 Company: 111 470 €Q4 2025 Company: 126 212 €Q4·25Q1 2026 Company: 105 892 €Q2 2026 Company: 149 912 €Q2·26Q3 2026 Company: 107 259 €Q3·26050100150200Q4 2024 Company: 98 310 €Q1 2025 Company: 85 613 €Q1·25Q2 2025 Company: 155 758 €Q3 2025 Company: 111 470 €Q3·25Q4 2025 Company: 126 212 €Q1 2026 Company: 105 892 €Q1·26Q2 2026 Company: 149 912 €Q3 2026 Company: 107 259 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 248 818 107 259 106 591 26
Q2 2026 521 970 149 912 103 977 24
Q1 2026 452 944 105 892 102 504 22
Q4 2025 458 111 126 212 91 783 23
Q3 2025 332 729 111 470 89 233 21
Q2 2025 889 959 155 758 90 138 20
Q1 2025 353 217 85 613 87 583 19
Q4 2024 408 382 98 310 77 278 15
Q3 2024 584 994 133 459 71 786 17
Q2 2024 312 310 77 524 72 211 15
Q1 2024 464 488 101 761 67 753 15
Q4 2023 418 445 87 908 68 058 16
Q3 2023 334 339 81 535 61 680 14
Q2 2023 347 865 84 394 66 314 16
Q1 2023 365 300 87 839 72 520 17
Q4 2022 262 219 67 714 57 428 15
Q3 2022 232 057 67 004 53 818 18
Q2 2022 229 192 60 992 53 880 16
Q1 2022 222 068 61 451 53 455 17
Labour taxes per employee per month
1 367 €
Turnover per employee in the quarter
9 570 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € 2025: 0 € · industry median 13 620 € · above 5% of the industry
05 00010 00015 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0 € Industry median: 10 800 €20192020 Company: 0 € Industry median: 10 586 €20202021 Company: 0 € Industry median: 11 162 €20212022 Company: 0 € Industry median: 11 789 €20222023 Company: 0 € Industry median: 12 224 €20232024 Company: 0 € Industry median: 12 853 €20242025 Company: 0 € Industry median: 13 620 €202505 00010 00015 0002018 Company: — Industry median: —2019 Company: 0 € Industry median: 10 800 €20192020 Company: 0 € Industry median: 10 586 €2021 Company: 0 € Industry median: 11 162 €20212022 Company: 0 € Industry median: 11 789 €2023 Company: 0 € Industry median: 12 224 €20232024 Company: 0 € Industry median: 12 853 €2025 Company: 0 € 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, € thousand 2025: 150 542 € · +1 593.6% vs 2024 · industry median 283 € · above 98% of the industry
-200-10001002002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -27 493 € Industry median: 205 €20192020 Company: -83 466 € Industry median: 175 €20202021 Company: -70 107 € Industry median: 251 €20212022 Company: -187 186 € Industry median: 161 €20222023 Company: 86 167 € Industry median: 154 €20232024 Company: -10 079 € Industry median: 256 €20242025 Company: 150 542 € Industry median: 283 €2025-200-10001002002018 Company: — Industry median: —2019 Company: -27 493 € Industry median: 205 €20192020 Company: -83 466 € Industry median: 175 €2021 Company: -70 107 € Industry median: 251 €20212022 Company: -187 186 € Industry median: 161 €2023 Company: 86 167 € Industry median: 154 €20232024 Company: -10 079 € Industry median: 256 €2025 Company: 150 542 € 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.

Assets, € thousand 2025: 5 457 856 € · −1.0% vs 2024
02 0004 0006 0008 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 6 067 195 €20192020 Company: 6 000 783 €20202021 Company: 5 839 132 €20212022 Company: 5 576 688 €20222023 Company: 5 367 267 €20232024 Company: 5 512 930 €20242025 Company: 5 457 856 €202502 0004 0006 0008 0002018 Company: —2019 Company: 6 067 195 €20192020 Company: 6 000 783 €2021 Company: 5 839 132 €20212022 Company: 5 576 688 €2023 Company: 5 367 267 €20232024 Company: 5 512 930 €2025 Company: 5 457 856 €2025
Equity, € thousand 2025: 4 225 705 € · +3.7% vs 2024
01 0002 0003 0004 0005 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 4 339 833 €20192020 Company: 4 256 367 €20202021 Company: 4 186 260 €20212022 Company: 3 999 074 €20222023 Company: 4 085 241 €20232024 Company: 4 075 163 €20242025 Company: 4 225 705 €202501 0002 0003 0004 0005 0002018 Company: —2019 Company: 4 339 833 €20192020 Company: 4 256 367 €2021 Company: 4 186 260 €20212022 Company: 3 999 074 €2023 Company: 4 085 241 €20232024 Company: 4 075 163 €2025 Company: 4 225 705 €2025
Employees 2025: 17 · +0.0% vs 2024 · industry median 1 · above 98% of the industry
05101520252016 Company: 17 Industry median: —20162017 Company: 17 Industry median: —20172018 Company: 19 Industry median: 120182019 Company: 22 Industry median: 120192020 Company: 21 Industry median: 120202021 Company: 18 Industry median: 120212022 Company: 18 Industry median: 120222023 Company: 20 Industry median: 120232024 Company: 17 Industry median: 120242025 Company: 17 Industry median: 1202505101520252018 Company: 19 Industry median: 12019 Company: 22 Industry median: 120192020 Company: 21 Industry median: 12021 Company: 18 Industry median: 120212022 Company: 18 Industry median: 12023 Company: 20 Industry median: 120232024 Company: 17 Industry median: 12025 Company: 17 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 0 150 542 853 642 5 457 856 4 225 705 17
2024 0 -10 079 727 486 5 512 930 4 075 163 17
2023 0 86 167 644 075 5 367 267 4 085 241 20
2022 0 -187 186 562 125 5 576 688 3 999 074 18
2021 0 -70 107 522 314 5 839 132 4 186 260 18
2020 0 -83 466 552 386 6 000 783 4 256 367 21
2019 0 -27 493 527 931 6 067 195 4 339 833 22
2018 — — — — — 19
2017 — — — — — 17
2016 — — — — — 17
2015 — — — — — 19
2014 — — — — — 30
2013 — — — — — 31
2012 — — — — — 30
2011 — — — — — 30
2009 — — — — — 21
2008 — — — — — 20
2007 — — — — — 20
2006 — — — — — 20
2005 — — — — — 161
2004 — — — — — 13
2003 — — — — — 13
2002 — — — — — 12
2001 — — — — — 15
2000 — — — — — 20
1999 — — — — — 17
1998 — — — — — 10

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
4.4 %
Net profit / revenue
Return on equity (ROE)
3.6 %
Net profit / equity
Return on assets (ROA)
2.8 %
Net profit / assets
Equity ratio
77.4 %
Equity / assets
Debt ratio
22.6 %
Liabilities / assets
Current ratio
0.69
Current assets / current liabilities
Revenue per employee
201 640 €
Revenue / average full-time employees
Labour cost per employee per month
4 185 €
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 4 May 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 20 Mar 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 20 Apr 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 27 Mar 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 21 Apr 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 6 Apr 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 18 Jun 2020 Company’s own · audited e-Äriregister

Board

Right of representation

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

Owners

No owner information.

Owner in

Beneficial owners

  • Pirko Konsa
    Exercises founder’s rights, supervisory or management board member · since 4 Jan 2023
  • Andrus Kurvits
    Exercises founder’s rights, supervisory or management board member · since 19 Oct 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main
  • 7112Engineering activities and related technical consultancy
Rulings
Number, date Title Deadline State Document
S 20007027 / M14
9 Feb 2024
Procedural ruling In force
9 Feb 2024
PDF
S 20007027 / M13
25 Jan 2024
Ruling to correct data outside an entry 8 Feb 2024 In force
25 Jan 2024
PDF
S 20007027 / 23
1 Feb 2023
Amendment entry In force
1 Feb 2023
PDF
S 20007027 / 22
5 Jan 2023
Amendment entry In force
5 Jan 2023
PDF
S 20007027 / 21
2 Jan 2023
Amendment entry In force
2 Jan 2023
PDF
S 20007027 / 20
16 Nov 2022
Amendment under Commercial Code § 525 (2) In force
16 Nov 2022
PDF
S 20007027 / 19
20 Jan 2020
Amendment entry In force
20 Jan 2020
PDF
S 20007027 / M12
6 Jan 2020
Ruling to eliminate deficiencies 21 Jan 2020 Deficiencies eliminated
20 Jan 2020
PDF
S 20007027 / M11
2 Oct 2019
Procedural ruling In force
2 Oct 2019
PDF
S 20007027 / M10
11 May 2018
Procedural ruling In force
11 May 2018
PDF
S 20007027 / M9
13 Mar 2018
Procedural ruling 28 Mar 2018 In force
13 Mar 2018
PDF
S 20007027 / 18
8 Jan 2018
Amendment entry In force
8 Jan 2018
PDF
S 20007027 / 17
28 Nov 2017
Amendment entry In force
28 Nov 2017
PDF
S 20007027 / M8
21 Nov 2017
Ruling to eliminate deficiencies 6 Dec 2017 Deficiencies eliminated
28 Nov 2017
PDF
S 20007027 / M7
7 Jul 2016
Procedural ruling 6 Aug 2016 In force
7 Jul 2016
PDF
S 20007027 / 16
29 Sep 2015
Amendment entry In force
29 Sep 2015
PDF
S 20007027 / M6
28 Sep 2015
Ruling to eliminate deficiencies 8 Oct 2015 Deficiencies eliminated
29 Sep 2015
PDF
S 20007027 / 15
2 Jun 2014
Amendment entry In force
2 Jun 2014
PDF
S 20007027 / M5
26 May 2014
Ruling to eliminate deficiencies 25 Jun 2014 Deficiencies eliminated
2 Jun 2014
PDF
S 20007027 / 14
8 Jan 2014
Amendment entry In force
8 Jan 2014
PDF
S 20007027 / M4
28 Dec 2012
Ruling to eliminate deficiencies In force
28 Dec 2012
PDF
S 20007027 / 13
28 Dec 2012
Amendment entry In force
28 Dec 2012
PDF
S 20007027 / 12
7 Dec 2011
Amendment entry In force
7 Dec 2011
PDF
S 7027 / 11
16 Mar 2009
Amendment entry In force
16 Mar 2009
PDF
S 7027 / 10
18 Dec 2008
Amendment entry In force
19 Dec 2008
PDF
S 7027 / 9
31 Oct 2007
Amendment entry In force
31 Oct 2007
PDF
S 7027 / M3
29 Oct 2007
Ruling to eliminate deficiencies (to be served) 30 Dec 2007 In force
31 Oct 2007
PDF
S 7027 / 8
13 Sep 2007
Amendment entry In force
13 Sep 2007
PDF
S 7027 / 7
7 Feb 2006
Amendment entry In force
8 Feb 2006
PDF
S 7027 / M2
13 Jul 2005
Ruling to be served 14 Sep 2005 In force PDF
S 7027 / 6
22 Jan 2003
Unpublished amendment entry In force PDF
S 7027 / 5
4 Sep 2002
Unpublished amendment entry In force PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data