Sihtasutus Narva Linna Arendus
Active Registry code 90003812
SA Narva linn Registered 12 May 2010
Sihtasutus Narva Linna Arendus is a SA based in Narva linn, registry code 90003812, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €41 503 with 15 employees.
Turnover
41 503 €
↓ 11.3% vs Q2 2026
State taxes
44 957 €
↑ 12.3% vs Q2 2026
Labour taxes
38 718 €
↓ 3.6% vs Q2 2026
Employees
15
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 41 503 €above 70% of companiesindustry median 15 030 € · companies in the industry: 7 443
- Labour taxes per employee 2 581 €above 90% of companiesindustry median 857 € · companies in the industry: 7 261
- Revenue · 2025 0 €above 5% of companiesindustry median 13 620 € · companies in the industry: 30 471
Taxes and turnover
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 41 503 | 44 957 | 38 718 | 15 |
| Q2 2026 | 46 795 | 40 039 | 40 172 | 15 |
| Q1 2026 | 57 006 | 45 823 | 40 393 | 14 |
| Q4 2025 | 48 179 | 43 390 | 38 002 | 14 |
| Q3 2025 | 41 170 | 43 459 | 38 642 | 14 |
| Q2 2025 | 52 241 | 59 825 | 58 131 | 15 |
| Q1 2025 | 64 983 | 41 738 | 35 480 | 17 |
| Q4 2024 | 51 684 | 40 670 | 34 710 | 19 |
| Q3 2024 | 45 866 | 43 790 | 37 806 | 23 |
| Q2 2024 | 51 780 | 40 861 | 35 248 | 22 |
| Q1 2024 | 61 370 | 38 824 | 32 775 | 22 |
| Q4 2023 | 49 800 | 32 318 | 27 503 | 22 |
| Q3 2023 | 44 593 | 33 329 | 28 682 | 21 |
| Q2 2023 | 50 131 | 34 189 | 29 110 | 22 |
| Q1 2023 | 56 405 | 34 277 | 29 436 | 21 |
| Q4 2022 | 39 274 | 30 260 | 26 327 | 22 |
| Q3 2022 | 34 076 | 31 760 | 29 240 | 21 |
| Q2 2022 | 34 165 | 25 302 | 25 028 | 22 |
| Q1 2022 | 51 147 | 30 449 | 27 484 | 20 |
Labour taxes per employee per month
860 €
Turnover per employee in the quarter
2 767 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 0 | 325 332 | 115 107 | 3 316 368 | 3 245 962 | 22 |
| 2024 | 0 | 389 593 | 84 785 | 1 916 523 | 1 875 880 | 24 |
| 2023 | 0 | -30 557 | 92 231 | 1 509 858 | 1 048 418 | 22 |
| 2022 | 0 | 162 224 | 108 385 | 1 139 497 | 1 078 975 | 22 |
| 2021 | 0 | -69 672 | 90 454 | 993 117 | 917 748 | 22 |
| 2020 | 0 | 114 749 | 95 926 | 942 405 | 919 905 | 23 |
| 2019 | 0 | 145 826 | 50 257 | 845 302 | 805 156 | 21 |
| 2018 | — | — | — | — | — | 21 |
| 2017 | — | — | — | — | — | 23 |
| 2016 | — | — | — | — | — | 8 |
| 2015 | — | — | — | — | — | 8 |
| 2014 | — | — | — | — | — | 8 |
| 2013 | — | — | — | — | — | 5 |
| 2012 | — | — | — | — | — | 4 |
| 2011 | — | — | — | — | — | 6 |
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
22.3 %
Net profit / revenue
Return on equity (ROE)
10.0 %
Net profit / equity
Return on assets (ROA)
9.8 %
Net profit / assets
Equity ratio
97.9 %
Equity / assets
Debt ratio
2.1 %
Liabilities / assets
Current ratio
3.01
Current assets / current liabilities
Revenue per employee
66 359 €
Revenue / average full-time employees
Labour cost per employee per month
436 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 31 Mar 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 31 Mar 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 28 Mar 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 29 Mar 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 31 Mar 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 29 Mar 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 26 Mar 2020 | Company’s own · audited | e-Äriregister |
Board
- Illimar PartsBoard member · since 27 Aug 2026
Right of representation
Any member of the management board may represent the foundation in all transactions.
Owners
No owner information.
Beneficial owners
- Aleksandr KostjukevitšExercises founder’s rights, supervisory or management board member · since 14 Sep 2026
- Dmitri GussevExercises founder’s rights, supervisory or management board member · since 15 Aug 2026
- Dmitri MelissExercises founder’s rights, supervisory or management board member · since 15 Aug 2026
- Oleg JesseljunasExercises founder’s rights, supervisory or management board member · since 15 Aug 2026
- Urbo VaarmannExercises founder’s rights, supervisory or management board member · since 15 Aug 2026
Founders and other persons
- Urbo VaarmannChairman of the supervisory board · 3 Aug 2026
- Dmitri GussevSupervisory board member · 3 Aug 2026
- Dmitri MelissSupervisory board member · 3 Aug 2026
- Oleg JesseljunasSupervisory board member · 3 Aug 2026
- Aleksandr KostjukevitšSupervisory board member · 10 Sep 2026
Related companies
Activities (EMTAK)
- 68201Rental and operating of own or leased real estate Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| S 40030560 / M12 15 Sep 2026 |
Ruling to correct data outside an entry | 29 Sep 2026 | Deficiencies eliminated 18 Sep 2026 |
|
| S 40030560 / 14 27 Aug 2026 |
Amendment entry | In force 27 Aug 2026 |
||
| S 40030560 / 13 22 Dec 2025 |
Amendment entry | In force 22 Dec 2025 |
||
| S 40030560 / M11 19 Dec 2025 |
Ruling to eliminate deficiencies | 18 Jan 2026 | Deficiencies eliminated 22 Dec 2025 |
|
| S 40030560 / M10 3 Feb 2025 |
Ruling to correct data outside an entry | 17 Feb 2025 | Deficiencies eliminated 5 Feb 2025 |
|
| S 40030560 / M9 7 Jan 2025 |
Ruling to correct data outside an entry | 21 Jan 2025 | Deficiencies eliminated 15 Jan 2025 |
|
| S 40030560 / 12 1 Feb 2023 |
Amendment entry | In force 1 Feb 2023 |
||
| S 40030560 / M8 27 Jan 2022 |
Ruling to correct data outside an entry | 16 Feb 2022 | Deficiencies eliminated 4 Feb 2022 |
|
| S 40030560 / M7 26 Feb 2021 |
Ruling to correct data outside an entry | 18 Mar 2021 | Deficiencies eliminated 3 Mar 2021 |
|
| S 40030560 / M6 29 Mar 2019 |
Ruling to correct data outside an entry | 18 Apr 2019 | Deficiencies eliminated 1 Apr 2019 |
|
| S 40030560 / M5 8 Jan 2018 |
Ruling to correct data outside an entry | 28 Jan 2018 | Deficiencies eliminated 17 Jan 2018 |
|
| S 40030560 / 11 1 Dec 2017 |
Amendment entry | In force 1 Dec 2017 |
||
| S 40030560 / 10 27 Apr 2016 |
Amendment entry | In force 27 Apr 2016 |
||
| S 40030560 / M4 26 Apr 2016 |
Ruling to eliminate deficiencies | 26 May 2016 | Deficiencies eliminated 27 Apr 2016 |
|
| S 40030560 / M3 2 Feb 2016 |
Ruling to correct data outside an entry | 3 Mar 2016 | Deficiencies eliminated 8 Feb 2016 |
|
| S 40030560 / 9 24 Sep 2015 |
Amendment entry | In force 24 Sep 2015 |
||
| S 40030560 / M2 17 Sep 2015 |
Ruling annulling a ruling | In force 17 Sep 2015 |
||
| S 40030560 / 8 17 Sep 2015 |
Entry to enforce another court decision | In force 17 Sep 2015 |
||
| S 40030560 / 7 22 Aug 2014 |
Amendment entry | In force 22 Aug 2014 |
||
| S 40030560 / 6 6 Feb 2014 |
Amendment entry | In force 6 Feb 2014 |
||
| S 40030560 / M1 30 May 2013 |
Ruling to correct data outside an entry | 14 Jun 2013 | Deficiencies eliminated 6 Jun 2013 |
|
| S 40030560 / 4 28 Jan 2013 |
Amendment entry | In force 28 Jan 2013 |
||
| S 40030560 / 3 25 Oct 2012 |
Amendment entry | In force 25 Oct 2012 |
||
| S 40030560 / 2 22 Dec 2011 |
Amendment entry | In force 22 Dec 2011 |
||
| S 40030560 12 May 2010 |
First entry | In force 12 May 2010 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data