Sihtasutus Tartu Loomemajanduskeskus
Active Registry code 90011415
SA Tartu linn Registered 25 May 2009
Sihtasutus Tartu Loomemajanduskeskus is a SA based in Tartu linn, registry code 90011415, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €56 197 with 9 employees.
Turnover
56 197 €
↑ 40.7% vs Q2 2026
State taxes
35 612 €
↑ 9.5% vs Q2 2026
Labour taxes
33 317 €
↓ 4.7% vs Q2 2026
Employees
9
−1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 56 197 €above 75% of companiesindustry median 15 030 € · companies in the industry: 7 443
- Labour taxes per employee 3 702 €above 94% 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 | 56 197 | 35 612 | 33 317 | 9 |
| Q2 2026 | 39 929 | 32 536 | 34 967 | 10 |
| Q1 2026 | 56 501 | 60 335 | 60 717 | 10 |
| Q4 2025 | 34 419 | 12 925 | 14 572 | 11 |
| Q3 2025 | 39 746 | 38 156 | 39 044 | 11 |
| Q2 2025 | 42 752 | 37 307 | 38 936 | 12 |
| Q1 2025 | 43 319 | 17 655 | 19 126 | 11 |
| Q4 2024 | 35 572 | 32 590 | 34 834 | 11 |
| Q3 2024 | 38 966 | 28 297 | 30 361 | 13 |
| Q2 2024 | 34 479 | 26 599 | 28 566 | 11 |
| Q1 2024 | 35 120 | 31 853 | 33 903 | 10 |
| Q4 2023 | 32 073 | 33 388 | 34 564 | 12 |
| Q3 2023 | 24 726 | 30 793 | 32 079 | 14 |
| Q2 2023 | 25 269 | 26 775 | 28 297 | 10 |
| Q1 2023 | 31 530 | 24 165 | 25 367 | 10 |
| Q4 2022 | 24 628 | 24 985 | 26 884 | 10 |
| Q3 2022 | 20 462 | 23 872 | 24 540 | 11 |
| Q2 2022 | 15 476 | 22 823 | 20 679 | 9 |
| Q1 2022 | 15 950 | 18 435 | 19 640 | 8 |
Labour taxes per employee per month
1 234 €
Turnover per employee in the quarter
6 244 €
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 | 964 | 343 678 | 341 636 | 65 267 | 8 |
| 2024 | 0 | 756 | 311 090 | 223 529 | 64 303 | 8 |
| 2023 | 0 | 1 794 | 312 080 | 251 401 | 63 547 | 8 |
| 2022 | 0 | 4 908 | 234 490 | 342 963 | 61 753 | 7 |
| 2021 | 0 | 17 134 | 174 127 | 300 141 | 56 845 | 7 |
| 2020 | 0 | -568 415 | 172 982 | 94 684 | 39 711 | 7 |
| 2019 | 0 | -812 | 155 999 | 729 414 | 608 126 | 6 |
| 2018 | — | — | — | — | — | 7 |
| 2017 | — | — | — | — | — | 6 |
| 2016 | — | — | — | — | — | 7 |
| 2015 | — | — | — | — | — | 7 |
| 2014 | — | — | — | — | — | 8 |
| 2013 | — | — | — | — | — | 9 |
| 2012 | — | — | — | — | — | 8 |
| 2011 | — | — | — | — | — | 6 |
| 2010 | — | — | — | — | — | 5 |
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
0.1 %
Net profit / revenue
Return on equity (ROE)
1.5 %
Net profit / equity
Return on assets (ROA)
0.3 %
Net profit / assets
Equity ratio
19.1 %
Equity / assets
Debt ratio
80.9 %
Liabilities / assets
Current ratio
1.26
Current assets / current liabilities
Revenue per employee
112 720 €
Revenue / average full-time employees
Labour cost per employee per month
3 580 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Apr 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 4 Apr 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 | 16 Apr 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 20 Apr 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 28 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 22 Jun 2020 | Company’s own · audited | e-Äriregister |
Board
- Külli HansenBoard member · since 16 Sep 2021
Right of representation
Any member of the management board may represent the foundation in all transactions.
Owners
No owner information.
Owner in
- 20.33%
Beneficial owners
- Krõõt KivisteExercises founder’s rights, supervisory or management board member · since 6 Jan 2026
- Külli HansenExercises founder’s rights, supervisory or management board member · since 6 Jan 2026
- Urmas KlaasBeneficiary · since 12 Oct 2018
Founders and other persons
- Tartu linnFounder · 10 000 € · 18 May 2009
- Enn LeppikAudit firm · 9 Apr 2021
- Krõõt KivisteChairman of the supervisory board · 19 Dec 2022
- Mari RoostikSupervisory board member · 9 Feb 2026
- Merle JäägerSupervisory board member · 9 Feb 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 20045130 / M10 22 Aug 2025 |
Procedural ruling | 5 Sep 2025 | In force 22 Aug 2025 |
|
| S 20045130 / 9 1 Feb 2023 |
Amendment entry | In force 1 Feb 2023 |
||
| S 20045130 / 8 16 Sep 2021 |
Amendment entry | In force 16 Sep 2021 |
||
| S 20045130 / M9 28 May 2021 |
Procedural ruling | In force 28 May 2021 |
||
| S 20045130 / M8 14 Apr 2021 |
Ruling to correct data outside an entry | 14 May 2021 | In force 14 Apr 2021 |
|
| S 20045130 / 7 16 Apr 2019 |
Amendment entry | In force 16 Apr 2019 |
||
| S 20045130 / 6 3 Apr 2019 |
Entry refused: deficiencies not eliminated | In force 13 May 2019 |
||
| S 20045130 / M7 15 Mar 2019 |
Ruling to eliminate deficiencies | 30 Mar 2019 | In force 15 Mar 2019 |
|
| S 20045130 / M6 15 Oct 2018 |
Ruling to eliminate deficiencies | 4 Nov 2018 | Deficiencies eliminated 23 Oct 2018 |
|
| S 20045130 / 5 22 Dec 2017 |
Amendment entry | In force 22 Dec 2017 |
||
| S 20045130 / 4 4 Dec 2017 |
Amendment entry | In force 4 Dec 2017 |
||
| S 20045130 / M5 26 Nov 2014 |
Ruling to correct data outside an entry | 26 Dec 2014 | Deficiencies eliminated 27 Nov 2014 |
|
| S 20045130 / 3 21 Feb 2014 |
Amendment entry | In force 21 Feb 2014 |
||
| S 20045130 / M4 18 Feb 2014 |
Ruling to eliminate deficiencies | 20 Mar 2014 | Deficiencies eliminated 21 Feb 2014 |
|
| S 20045130 / M3 20 Jan 2014 |
Ruling to correct data outside an entry | 19 Feb 2014 | Deficiencies eliminated 23 Jan 2014 |
|
| S 20045130 / 2 20 Dec 2013 |
Amendment entry | In force 20 Dec 2013 |
||
| S 20045130 / M2 18 Dec 2013 |
Ruling to eliminate deficiencies | 17 Jan 2014 | Deficiencies eliminated 18 Dec 2013 |
|
| S 20045130 / M1 30 Sep 2011 |
Ruling to be served | 27 Oct 2011 | Deficiencies eliminated 13 Oct 2011 |
|
| S 45130 25 May 2009 |
First entry | In force 25 May 2009 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data