ETENRU
RegisteredTartu County
Registry code
11911584
VAT number
EE101356598
Address
Tartu maakond, Tartu linn, Tartu linn, Riia tn 4, 51004
Registered
19.03.2010 · 16 yrs
Activity
Development of building projects 68121
Additional activities
Management of real estate on a fee or contract basis
Capital
3 300 €
Email
K•••@a•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Business Register 08.10.2026
Sales revenue2,3 m €+1873%2025 annual report
Profit5,8 m €2025 annual report
Employees3Tax Board 2026 Q2
Average gross salary3 045 €estimate, Tax Board 2026 Q2
Labour taxes per quarter13 975 €Tax Board 2026 Q2
Cash216 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 08.10.2026
Revenue 12 months2,6 m €+551%Tax Board, last 4 quarters
State taxes 12 months50 675 €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 1,7 mln €
92 k50 k91 k161 k416 k275 k189 k1,7 M
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AAA
Excellent, very low risk
93 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 08.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingAAA since 26.09.2026
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 551% vs a year earlier
Email right away on tax debt, bankruptcy or board change
Add the rating badge to your website

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Data

Board and owners

3 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 3
Kalev Kase7 companiesno tax debtPersonal ID ↗19.03.2010
Martin Sööt5 companiesno tax debtPersonal ID ↗19.03.2010
Raul Rebane4 companiesno tax debtPersonal ID ↗19.03.2010
Shareholders 3
Liivu Kapital OÜ40,0% 1 320 €02.09.2023
AUM Konsult OÜ34,0% 1 122 €02.09.2023
RauRe Invest OÜ26,0% 858 €02.09.2023
Beneficial owners 3
Kalev Kase7 companiesno tax debtkaudne osalus19.09.2018
Martin Sööt5 companiesno tax debtkaudne osalus19.09.2018
Raul Rebane4 companiesno tax debtkaudne osalus19.09.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue0,0%
Labour taxes / revenue0,8%
Revenue per employee per month187 553 €
Gross salary (estimate)3 045 €
Net salary (estimate)2 443 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q21 687 979 €▲ 945%13 975 €0 €3
2026 Q1189 374 €▲ 108%20 359 €0 €3
2025 Q4274 753 €▲ 446%13 956 €0 €3
2025 Q3416 181 €▲ 352%16 231 €50 675 €3
2025 Q2161 460 €▲ 395%13 908 €14 726 €3
2025 Q190 897 €▲ 253%19 653 €24 609 €3
2024 Q450 350 €▲ 12%13 076 €14 563 €3
2024 Q392 095 €▼ 53%16 382 €25 904 €3
2024 Q232 611 €▼ 92%12 711 €17 088 €3
2024 Q125 754 €▼ 99%20 592 €21 166 €3
2023 Q445 023 €▼ 98%14 418 €15 411 €3
2023 Q3195 186 €▼ 94%19 959 €33 643 €3
Show full history (18 quarters)
2023 Q2420 018 €▼ 94%16 084 €79 221 €3
2023 Q14 728 143 €▲ 20%20 488 €815 783 €3
2022 Q42 937 615 €15 204 €623 576 €3
2022 Q33 077 336 €18 219 €358 222 €3
2022 Q26 918 662 €14 983 €888 001 €3
2022 Q13 941 075 €19 250 €0 €3

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue2,3 m €▲ 20×116 k €▼ 98%5,3 m €▼ 70%17,7 m €▲ 85%9,6 m €
Profit5,8 m €▲ 200%1,9 m €▼ 34%3,0 m €▲ 12%2,7 m €▲ 110%1,3 m €
Profit margin254,7%1673,7%56,3%15,1%13,2%
Retained earnings14,4 m €▲ 4%13,8 m €▲ 25%11,1 m €▲ 32%8,4 m €▲ 10%7,6 m €
Cash216 k €▼ 12%246 k €▼ 51%505 k €▼ 55%1,1 m €▲ 45%771 k €
Current assets8,2 m €▲ 461%1,5 m €▼ 15%1,7 m €▼ 72%6,1 m €▼ 25%8,2 m €
Fixed assets15,8 m €▲ 2%15,5 m €▲ 15%13,5 m €▲ 36%9,9 m €▲ 24%8,0 m €
Assets23,9 m €▲ 41%17,0 m €▲ 12%15,2 m €▼ 5%16,0 m €▼ 1%16,1 m €
Current liabilities2,0 m €▲ 37×53 180 €▲ 13%47 031 €▼ 95%1,0 m €▼ 76%4,2 m €
Long-term liabilities1,7 m €▲ 42%1,2 m €▲ 6%1,1 m €▼ 72%3,9 m €▲ 30%3,0 m €
Total liabilities3,7 m €▲ 198%1,2 m €▲ 6%1,2 m €▼ 77%4,9 m €▼ 32%7,2 m €
Equity20,3 m €▲ 29%15,8 m €▲ 12%14,1 m €▲ 27%11,1 m €▲ 24%8,9 m €
Labour costs-138 k €▲ 5%-145 k €▲ 15%-169 k €▼ 5%-162 k €▼ 27%-128 k €
Employees20%2▼ 33%30%30%3
Filed07.05.202619.05.202528.05.202427.06.202329.06.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Development of building projects main activity681212 131 574 €96%
Management of real estate on a fee or contract basis6832999 336 €4%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 08.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

9 288 € makseid

Transactions with state institutions

20257 128 €
20232 160 €

Largest payers

Riigi Kinnisvara AS6 500 €
Terviseamet2 788 €
All payments by month
MonthPayerTypeFieldAmount
12.2025Riigi Kinnisvara ASOperating costsOther general services620 €
10.2025Riigi Kinnisvara ASOperating costsOther general services3 720 €
04.2025TerviseametOperating costsOther health care, incl. administration2 788 €
05.2023Riigi Kinnisvara ASOperating costsOther general services2 160 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Holdings in other companies

4
CompanyCodeHoldingSinceRevenue
OÜ Ehitustrust1231058545,0%05.12.202569,2 m €
Raadiraja OÜ16120829100,0%11.07.202510,7 m €
Kvintett Kinnisvara OÜ1120421425,0%01.09.20231,2 m €
osaühing TÄHERING INVEST1232092271,05%01.09.20230 €

Business Register

Companies linked via the board

9

Top 20 in activity: Hoonestusprojektide arendus

20
#CompanyRevenue
1OÜ Kalaranna Kvartal30,0 m €
2Liven Kodu 20 OÜ28,2 m €
3Bonava Eesti OÜ25,9 m €
4Liven Kodu 16 OÜ17,2 m €
5SSC OÜ9,5 m €
6OÜ Kindrali Majad9,1 m €
7OÜ Astlanda Invest9,1 m €
8Hepsor 3TORNI OÜ8,3 m €
9Solares OÜ8,2 m €
10Merevaate Residents OÜ7,9 m €
11Räni KV OÜ7,9 m €
12Hepsor Phoenix 2 OÜ7,2 m €
13Merirahu Residence OÜ6,9 m €
14Rehelepa Arendus OÜ6,2 m €
15Tormi 11 OÜ5,8 m €
16IBE Estonia OÜ4,8 m €
17EN2 OÜ4,8 m €
18MANTRUM VEOD OÜ4,5 m €
19ViimsiVillage OÜ4,2 m €
20J14 OÜ3,9 m €

OÜ Avaare Kinnisvara: place 36 /349

Similar size: Tiskre Kodud OÜ, Kohalik Kinnisvara OÜ, Annuse Arendused OÜ, Hepsor N57 OÜ, Vista R79 OÜ, TVE47 OÜ, Kiili Kodukvartal OÜ, North Courier OÜ, AvalonPlaza OÜ, Otoroz OÜ

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Tegevusload

3 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
ElektritöödTEL00470221.06.2024
OmanikujärelevalveEEO00285419.09.2012
EhitamineEEH00653017.09.2012

History and notices

13
DateTypeContent
26.11.2025EntrySecond, constitutive merger entry (on the acquiring company's register card)
02.09.2023EntryAmendment entry
12.07.2019EntryAmendment entry
19.06.2019Order to remedy deficienciesAmendment entry
17.01.2018EntryAmendment entry
23.12.2017EntryAmendment entry
01.12.2017EntryAmendment entry
08.10.2012EntryAmendment entry
09.08.2012EntryKolmas, informatiivne jagunemiskanne (omandava isiku registrikaardile)
26.07.2012EntryEsimene, deklaratiivne jagunemiskanne (omandava isiku registrikaardile)
20.07.2011EntryAmendment entry
02.06.2011Order to remedy deficienciesAmendment entry
19.03.2010EntryFirst entry