Sihtasutus Saare Arenduskeskus
Active Registry code 90014098
SA Kuressaare linn Registered 6 Nov 2017
Sihtasutus Saare Arenduskeskus is a SA based in Kuressaare linn, registry code 90014098, status: active. Main activity: Associations for the purpose of regional/local life development and support. Its annual report for 2025 shows revenue of €0 and 6 employees.
Turnover
—
State taxes
33 844 €
↑ 40.8% vs Q2 2026
Labour taxes
36 119 €
↑ 41.2% vs Q2 2026
Employees
8
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Labour taxes per employee 4 515 €above 89% of companiesindustry median 1 196 € · companies in the industry: 1 009
- Revenue · 2025 0 €above 5% of companiesindustry median 0 € · companies in the industry: 6 612
Taxes and turnover
- Company
- Industry median
Industry: Activities of membership organisations (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 | — | 33 844 | 36 119 | 8 |
| Q2 2026 | — | 24 041 | 25 572 | 8 |
| Q1 2026 | — | 20 463 | 21 827 | 8 |
| Q4 2025 | — | 26 352 | 27 291 | 6 |
| Q3 2025 | — | 24 682 | 25 944 | 6 |
| Q2 2025 | — | 23 571 | 24 682 | 7 |
| Q1 2025 | — | 26 795 | 28 036 | 7 |
| Q4 2024 | — | 31 820 | 33 511 | 7 |
| Q3 2024 | — | 28 635 | 30 111 | 8 |
| Q2 2024 | — | 29 157 | 30 505 | 8 |
| Q1 2024 | — | 31 594 | 33 236 | 7 |
| Q4 2023 | — | 24 040 | 25 229 | 9 |
| Q3 2023 | — | 23 761 | 24 891 | 9 |
| Q2 2023 | — | 25 050 | 26 298 | 9 |
| Q1 2023 | — | 22 206 | 23 499 | 10 |
| Q4 2022 | — | 18 537 | 19 746 | 7 |
| Q3 2022 | — | 18 154 | 19 353 | 7 |
| Q2 2022 | — | 19 678 | 21 025 | 6 |
| Q1 2022 | — | 22 760 | 24 410 | 6 |
Labour taxes per employee per month
1 505 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Activities of membership organisations (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities of membership organisations (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities of membership organisations (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 | -1 161 | 235 595 | 106 036 | 63 864 | 6 |
| 2024 | 0 | 7 286 | 293 031 | 120 843 | 65 025 | 6 |
| 2023 | 0 | 17 786 | 258 299 | 110 825 | 57 739 | 6 |
| 2022 | 0 | 12 774 | 203 452 | 78 014 | 39 953 | 6 |
| 2021 | 0 | -6 308 | 226 360 | 84 747 | 27 178 | 7 |
| 2020 | 0 | 11 138 | 229 212 | 95 802 | 33 486 | 7 |
| 2019 | 0 | 321 | 217 796 | 52 926 | 22 348 | 7 |
| 2018 | — | — | — | — | — | 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
-0.3 %
Net profit / revenue
Return on equity (ROE)
-1.8 %
Net profit / equity
Return on assets (ROA)
-1.1 %
Net profit / assets
Equity ratio
60.2 %
Equity / assets
Debt ratio
39.8 %
Liabilities / assets
Current ratio
2.51
Current assets / current liabilities
Revenue per employee
75 371 €
Revenue / average full-time employees
Labour cost per employee per month
3 272 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 2 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 9 Apr 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 31 Mar 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 14 Apr 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 6 Apr 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 26 Apr 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 30 Apr 2020 | Company’s own · audited | e-Äriregister |
Board
- Rainer PaenurkBoard member · since 14 Mar 2018
Right of representation
Any member of the management board may represent the foundation in all transactions.
Owners
No owner information.
Beneficial owners
- Kalle KukkExercises founder’s rights, supervisory or management board member · since 21 Apr 2026
- Kaido KaasikExercises founder’s rights, supervisory or management board member · since 13 Jan 2026
- Merike LiivExercises founder’s rights, supervisory or management board member · since 13 Jan 2026
- Kalev KüttExercises founder’s rights, supervisory or management board member · since 28 Sep 2023
- Raido LiitmäeExercises founder’s rights, supervisory or management board member · since 28 Sep 2023
- Rainer PaenurkBeneficiary · since 3 Sep 2018
Founders and other persons
- Balti Audit OÜAudit firm · 16 Dec 2024
- Kaido KaasikSupervisory board member · 7 Jan 2026
- Merike LiivSupervisory board member · 7 Jan 2026
- Kalev KüttSupervisory board member · 13 Jan 2026
- Raido LiitmäeSupervisory board member · 13 Jan 2026
- Kalle KukkSupervisory board member · 31 Mar 2026
Related companies
Activities (EMTAK)
- 94992Associations for the purpose of regional/local life development and support Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| S 50068688 / M8 28 Aug 2025 |
Ruling to correct data outside an entry | 11 Sep 2025 | Deficiencies eliminated 29 Aug 2025 |
|
| S 50068688 / M7 13 Dec 2024 |
Procedural ruling | 23 Dec 2024 | Deficiencies eliminated 16 Dec 2024 |
|
| S 50068688 / M6 13 Nov 2024 |
Ruling to correct data outside an entry | 27 Nov 2024 | Deficiencies eliminated 15 Nov 2024 |
|
| S 50068688 / 7 8 Mar 2024 |
Amendment entry | In force 8 Mar 2024 |
||
| S 50068688 / M5 15 Feb 2024 |
Ruling to eliminate deficiencies | 16 Mar 2024 | Deficiencies eliminated 5 Mar 2024 |
|
| S 50068688 / 6 1 Feb 2023 |
Amendment entry | In force 1 Feb 2023 |
||
| S 50068688 / 5 21 Feb 2022 |
Amendment under Commercial Code § 525 (2) | In force 21 Feb 2022 |
||
| S 50068688 / M4 23 Aug 2018 |
Procedural ruling | 12 Sep 2018 | Deficiencies eliminated 27 Aug 2018 |
|
| S 50068688 / 4 14 Mar 2018 |
Amendment entry | In force 14 Mar 2018 |
||
| S 50068688 / M3 5 Mar 2018 |
Ruling to eliminate deficiencies | 20 Mar 2018 | Deficiencies eliminated 8 Mar 2018 |
|
| S 50068688 / 3 12 Feb 2018 |
Second (constitutive) merger entry | In force 12 Feb 2018 |
||
| S 50068688 / M2 2 Feb 2018 |
Ruling to eliminate deficiencies | 9 Feb 2018 | Deficiencies eliminated 6 Feb 2018 |
|
| S 50068688 / 2 14 Dec 2017 |
Amendment entry | In force 14 Dec 2017 |
||
| S 50068688 6 Nov 2017 |
First entry | In force 6 Nov 2017 |
||
| S 50068688 / M1 31 Oct 2017 |
Ruling to eliminate deficiencies | 10 Nov 2017 | Deficiencies eliminated 6 Nov 2017 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data