ETENRU
RegisteredViljandi County
Registry code
14475149
VAT number
EE102091412
Address
Viljandi maakond, Viljandi linn, Tartu tn 4a, 71004
Registered
23.04.2018 · 8 yrs
Activity
Other credit granting 64929
Capital
100 000 €
Email
i•••@l•••.eeLog in to see
Phone
+372 5•• ••••Log in to see
Website
www.landcredit.ee from email
Business Register 07.10.2026
Käive, 4 kvartalit1 165 €EMTA, viimased 4 kvartalit
Profit199 k €2025 annual report
Employees2Tax Board 2026 Q2
Average gross salary4 727 €estimate, Tax Board 2026 Q2
Labour taxes per quarter14 465 €Tax Board 2026 Q2
Cash21 436 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months1 165 €-81%Tax Board, last 4 quarters
State taxes 12 months60 325 €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 280 €
2812815 281290295295295280
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
A
Good, low risk
67 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 07.10.2026 · 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
RatingAA → BBB → A
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 81% vs a year earlier
Email right away on tax debt, bankruptcy or board change
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Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Matis Kivila2 companiesno tax debtPersonal ID ↗31.03.2020
Other persons 1
Nasdaq CSD SE1983 companies149 with tax debt40 bankruptShare register keeperPersonal ID ↗01.10.2018
Beneficial owners 1
Aivar Berzin1 companyno tax debtsuurem kui 50%-line osalus konsolideeritava üksuse hääleõiguses03.09.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue4999,3%
Labour taxes / revenue5166,1%
Revenue per employee per month47 €
Gross salary (estimate)4 727 €
Net salary (estimate)3 708 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q2280 €▼ 3%14 465 €13 998 €2
2026 Q1295 €▼ 94%16 898 €16 592 €2
2025 Q4295 €▲ 5%15 000 €14 627 €2
2025 Q3295 €▲ 5%15 597 €15 108 €2
2025 Q2290 €▲ 5%16 201 €15 716 €2
2025 Q15 281 €▲ 2047%15 253 €16 015 €2
2024 Q4281 €▲ 14%15 135 €14 672 €2
2024 Q3281 €▲ 14%16 707 €16 192 €2
2024 Q2276 €▲ 16%16 478 €16 555 €2
2024 Q1246 €▲ 11%26 559 €25 639 €2
2023 Q4246 €▼ 5%13 896 €13 457 €2
2023 Q3246 €▼ 9%13 986 €13 610 €2
Show full history (18 quarters)
2023 Q2237 €▼ 39%16 981 €16 371 €2
2023 Q1221 €▲ 0%14 820 €14 376 €2
2022 Q4260 €11 459 €11 439 €2
2022 Q3270 €10 281 €9 966 €2
2022 Q2391 €10 960 €10 606 €2
2022 Q1221 €13 758 €13 283 €2

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
Profit199 k €▼ 22%256 k €▼ 55%568 k €▲ 106%276 k €▼ 3%283 k €
Profit margin—————
Retained earnings846 k €▲ 43%590 k €▲ 27×22 066 €▲ into profit-244 k €▲ 54%-527 k €
Cash21 436 €▲ 483%3 674 €▼ 70%12 253 €▲ 326%2 878 €▲ 17%2 455 €
Current assets9,7 m €▼ 9%10,7 m €▼ 15%12,5 m €▲ 114%5,9 m €▲ 94%3,0 m €
Fixed assets1,2 m €▼ 56%2,7 m €▼ 37%4,4 m €▲ 46%3,0 m €▲ 7%2,8 m €
Assets10,9 m €▼ 19%13,4 m €▼ 21%16,9 m €▲ 91%8,9 m €▲ 52%5,8 m €
Current liabilities5,3 m €▼ 34%8,0 m €▼ 20%9,9 m €▲ 87%5,3 m €▲ 72%3,1 m €
Long-term liabilities4,5 m €0%4,5 m €▼ 20%5,6 m €▲ 124%2,5 m €▲ 27%2,0 m €
Total liabilities9,8 m €▼ 22%12,5 m €▼ 20%15,5 m €▲ 98%7,8 m €▲ 55%5,1 m €
Equity1,1 m €▲ 21%946 k €▼ 31%1,4 m €▲ 34%1,0 m €▲ 37%746 k €
Labour costs-110 k €▲ 6%-116 k €▲ 16%-138 k €▼ 27%-109 k €▼ 14%-95 782 €
Employees20%20%20%20%2
Filed13.03.202607.04.202513.05.202406.06.202316.05.2022
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
Other credit granting main activity649292 862 €100%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

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

Debts and court cases

clean
No tax debt · Tax Board 06.10.2026

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

none

No transactions with state agencies, procurement contracts or grants found

RTK Saldo, Riigihangete register, RTK toetatud projektid

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

60
AS AlexelaNasdaq CSD SE555,0 m €BBEricsson Eesti AktsiaseltsNasdaq CSD SE416,6 m €AAAS SEB PankNasdaq CSD SE405,8 m €AAAktsiaselts METAPRINTNasdaq CSD SE85,8 m €AAAAS HANZA Mechanics TartuNasdaq CSD SE81,5 m €AAAERGO Insurance SENasdaq CSD SE80,6 m €AAAElke Tallinn ASNasdaq CSD SE62,0 m €AAAaktsiaselts ESTIKO - PLASTARNasdaq CSD SE48,2 m €AAAStockmann AktsiaseltsNasdaq CSD SE42,3 m €AAaktsiaselts PINUSNasdaq CSD SE29,6 m €AAAAktsiaselts BalbiinoNasdaq CSD SE29,5 m €AAAAktsiaselts Magnum VeterinaariaNasdaq CSD SE28,6 m €BBAktsiaselts KROONINGNasdaq CSD SE27,1 m €BInterchemie Werken De Adelaar Eesti aktsiaseltsNasdaq CSD SE25,5 m €BBBSchneider Electric Eesti ASNasdaq CSD SE24,9 m €BAktsiaselts TopautoNasdaq CSD SE21,6 m €AAAktsiaselts Lincona KonsultNasdaq CSD SE19,2 m €AAAAS All Media EestiNasdaq CSD SE17,2 m €AAAktsiaselts PAFERNasdaq CSD SE15,1 m €AAABaltyre Eesti ASNasdaq CSD SE14,8 m €AAAaktsiaselts PristisNasdaq CSD SE13,5 m €AAAAktsiaselts Viru ElektrikaubandusNasdaq CSD SE10,6 m €AAAktsiaselts STANDARDNasdaq CSD SE10,6 m €AAS Eesti LeivatööstusNasdaq CSD SE10,3 m €Aaktsiaselts LTTNasdaq CSD SE10,2 m €AAAMotoral Eesti AktsiaseltsNasdaq CSD SE8,6 m €AAktsiaselts Silmani ElekterNasdaq CSD SE8,0 m €Aaktsiaselts HALS TRADING - TNasdaq CSD SE6,8 m €Aaktsiaselts "Rauameister"Nasdaq CSD SE6,8 m €AAAktsiaselts "Erimell"Nasdaq CSD SE6,4 m €AAAAktsiaselts Taastusravikeskus ViikingNasdaq CSD SE5,8 m €AAAAktsiaselts Loo ElekterNasdaq CSD SE5,5 m €AAAaktsiaselts IKODORNasdaq CSD SE4,9 m €AAAktsiaselts ANTAARESNasdaq CSD SE4,7 m €AACaverion Eesti ASNasdaq CSD SE4,6 m €AAktsiaselts Kiviõli KaubahoovNasdaq CSD SE4,4 m €AAAktsiaselts Metsaküla PiimNasdaq CSD SE3,9 m €AAAaktsiaselts VÕRU VESINasdaq CSD SE3,4 m €AAAaktsiaselts TAUF-AUTONasdaq CSD SE2,9 m €AAAaktsiaselts CISTANasdaq CSD SE2,6 m €AAAPRIMULATOR EESTI AktsiaseltsNasdaq CSD SE2,2 m €AAARTT AktsiaseltsNasdaq CSD SE2,1 m €AAAAS Remedium Kalamaja ApteekNasdaq CSD SE1,7 m €AAaktsiaselts ESTIKONasdaq CSD SE1,6 m €AAAAktsiaselts Ekspress GruppNasdaq CSD SE1,4 m €AALEKON PROPERTY ASNasdaq CSD SE1,2 m €AAAAktsiaselts FotoluksNasdaq CSD SE1,1 m €BBBAktsiaselts LAVEXNasdaq CSD SE692 k €CAktsiaselts Peipsi KalameesNasdaq CSD SE498 k €AAAktsiaselts MihkliNasdaq CSD SE475 k €AAAS Tolaram InvestmentsNasdaq CSD SE380 k €AAAktsiaselts Projekt ENasdaq CSD SE198 k €AAAktsiaselts YearNasdaq CSD SE132 k €CRaisio Eesti AktsiaseltsNasdaq CSD SE120 k €ADeden-Invest AktsiaseltsNasdaq CSD SE51 638 €AKatus ASNasdaq CSD SE13 588 €Aaktsiaselts FaabulaNasdaq CSD SE0 €BBBAktsiaselts TalveaedNasdaq CSD SE · Likvideerimisel0 €CAktsiaselts SpratfilNasdaq CSD SE · Bankrupt0 €CAktsiaselts RoolidNasdaq CSD SE0 €

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Other credit granting

20
#CompanyRevenue
1ESTO AS30,1 m €
2Primero Finance OÜ22,8 m €
3AS LHV Finance16,1 m €
4Hüpoteeklaen AS15,5 m €
5ESTO Holdings OÜ5,9 m €
6Nordic Hypo AS3,4 m €
7PLACET GROUP OÜ1,1 m €
8OÜ SME Capital 3 Estonia955 k €
9Helto Grupp OÜ614 k €
10SERVA INVEST OÜ426 k €
11Engeros Finance OÜ373 k €
12ATLANTIS SE342 k €
13BB Finance OÜ332 k €
14Hector Kapital OÜ320 k €
15AS Finora Group269 k €
16Fresh Finance Group OÜ220 k €
17Columna OÜ184 k €
18Sihtasutus Tartu Eluasemefond166 k €
19KiirAutoLaen.EE OÜ162 k €
20FF Financial Group OÜ132 k €

AS LandCredit: place 54 /59

Similar size: Kapitalipartner OÜ, DIGILAEN OÜ, OÜ Finora Factoring, Osaühing DIIFOT, Infare OÜ, DELTA CREDIT OÜ, Le Page Holding OÜ, Vector Vara OÜ, FredFond OÜ, Credit One OÜ

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

Licences, domains

2 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
Finantseerimisasutusena tegutsemineFFA00024902.05.2018

Domains

DomainSource
landcredit.eeemail

History and notices

6
DateTypeContent
11.05.2020EntryAmendment entry
31.03.2020EntryAmendment entry
01.11.2018EntryAmendment entry
01.10.2018EntryAmendment entry
03.05.2018EntryAmendment entry
23.04.2018EntryFirst entry