ETENRU
RegisteredTartu County
Registry code
14854562
VAT number
EE102231337
Address
Tartu maakond, Tartu linn, Tartu linn, Lubja tn 2a-3, 50303
Registered
25.11.2019 · 6 yrs
Activity
Rental and operating of own or leased real estate 68201
Capital
2 500 €
Email
a•••@m•••.eeLog in to see
Business Register 05.10.2026
Sales revenue1,2 m €+6%2025 annual report
Profit2,0 m €2025 annual report
Labour taxes per quarter0 €Tax Board 2026 Q2
Cash123 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 04.10.2026
Revenue 12 months1,2 m €-6%Tax Board, last 4 quarters
State taxes 12 months224 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 291 tuh €
287 k285 k294 k428 k305 k310 k315 k291 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AA
Very good, low risk
80 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 05.10.2026 · 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
RatingA → AA
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 6% vs a year earlier
Notification when something changes
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Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Aivar Saarma5 companiesno tax debtPersonal ID ↗17.07.2024
Other persons 1
Nasdaq CSD SE5342 companies432 with tax debt91 bankruptOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist.Personal ID ↗18.02.2020
Shareholders 1
Omanikukonto: Aivar Saarma100,0% 2 500 €29.10.2024
Beneficial owners 1
Aivar Saarma5 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member19.07.2024

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue18,7%
Labour taxes / revenue0,0%
Revenue per employee per month—
Gross salary (estimate)—
Net salary (estimate)—

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q2291 269 €▼ 32%0 €54 389 €—
2026 Q1315 314 €▲ 7%0 €54 120 €—
2025 Q4310 015 €▲ 9%0 €58 479 €—
2025 Q3305 461 €▲ 6%0 €57 131 €—
2025 Q2428 020 €▲ 60%0 €0 €—
2025 Q1294 021 €▲ 5%0 €52 244 €—
2024 Q4285 180 €▼ 0%0 €49 841 €—
2024 Q3287 338 €▲ 3%0 €48 059 €—
2024 Q2267 223 €▲ 4%0 €47 677 €—
2024 Q1279 049 €▼ 9%0 €43 447 €—
2023 Q4286 360 €▼ 13%0 €42 175 €—
2023 Q3280 291 €▼ 18%0 €39 847 €—
Show full history (18 quarters)
2023 Q2257 427 €▲ 0%0 €37 783 €—
2023 Q1307 604 €▲ 19%0 €41 119 €—
2022 Q4330 921 €0 €39 169 €—
2022 Q3342 477 €0 €37 219 €—
2022 Q2256 453 €0 €23 989 €—
2022 Q1259 029 €0 €39 426 €—

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 revenue1,2 m €▲ 6%1,1 m €▲ 2%1,1 m €▼ 10%1,2 m €▲ 153%482 k €
Profit2,0 m €▲ 138%862 k €▲ 199%289 k €▼ 17%346 k €▼ 64%953 k €
Profit margin171,8%77,0%26,2%28,4%197,7%
Retained earnings2,3 m €▲ 59%1,5 m €▲ 25%1,2 m €▲ 42%832 k €▲ into profit-120 k €
Cash123 k €▼ 58%295 k €▼ 16%350 k €▲ 66%212 k €▲ 12%188 k €
Current assets152 k €▼ 53%321 k €▼ 16%381 k €▲ 37%278 k €▲ 27%218 k €
Fixed assets11,3 m €▲ 7%10,6 m €▲ 28%8,3 m €0%8,3 m €0%8,3 m €
Assets11,5 m €▲ 5%10,9 m €▲ 26%8,7 m €▲ 1%8,6 m €▲ 1%8,5 m €
Current liabilities500 k €▲ 14%439 k €▲ 106%213 k €▼ 43%376 k €▼ 1%379 k €
Long-term liabilities6,6 m €▼ 19%8,2 m €▲ 17%7,0 m €0%7,0 m €▼ 4%7,3 m €
Total liabilities7,1 m €▼ 17%8,6 m €▲ 19%7,2 m €▼ 3%7,4 m €▼ 4%7,7 m €
Equity4,4 m €▲ 88%2,3 m €▲ 59%1,5 m €▲ 24%1,2 m €▲ 41%835 k €
Employees00000
Filed06.07.202618.08.202505.02.202403.03.202317.03.2022
ReportIn the Business Register ↗In the Business Register ↗In the Business Register ↗In the Business Register ↗In the Business Register ↗

▲ 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
Rental and operating of own or leased real estate main activity682011 192 673 €100%

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 04.10.2026

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
Ericsson Eesti AktsiaseltsNasdaq CSD SE416,6 m €AAAS SEB PankNasdaq CSD SE405,8 m €AAAktsiaselts METAPRINTNasdaq CSD SE85,8 m €AAAElke Tallinn ASNasdaq CSD SE62,0 m €AAAosaühing NÕO LIHATÖÖSTUSNasdaq CSD SE48,3 m €AAAaktsiaselts ESTIKO - PLASTARNasdaq CSD SE48,2 m €AAAStockmann AktsiaseltsNasdaq CSD SE42,3 m €AAAktsiaselts BalbiinoNasdaq CSD SE29,5 m €AAAAktsiaselts Magnum VeterinaariaNasdaq CSD SE28,6 m €BBInterchemie Werken De Adelaar Eesti aktsiaseltsNasdaq CSD SE25,5 m €BBBosaühing SAVEKATENasdaq CSD SE25,2 m €AAASchneider 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 PristisNasdaq CSD SE13,5 m €AAAAktsiaselts Viru ElektrikaubandusNasdaq CSD SE10,6 m €AAAktsiaselts STANDARDNasdaq CSD SE10,6 m €AHorticom OÜNasdaq CSD SE10,5 m €AAAaktsiaselts LTTNasdaq CSD SE10,2 m €AAAMotoral Eesti AktsiaseltsNasdaq CSD SE8,6 m €AAktsiaselts Silmani ElekterNasdaq CSD SE8,0 m €AAmari Metals OÜNasdaq CSD SE7,2 m €Aaktsiaselts "Rauameister"Nasdaq CSD SE6,8 m €AAAktsiaselts "Erimell"Nasdaq CSD SE6,4 m €AAAAktsiaselts Taastusravikeskus ViikingNasdaq CSD SE5,8 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 €AAAOÜ Eagle VisionNasdaq CSD SE3,6 m €AAaktsiaselts VÕRU VESINasdaq CSD SE3,4 m €AAAEF Production OÜNasdaq CSD SE3,3 m €AAaktsiaselts CISTANasdaq CSD SE2,6 m €AAABasseinitehnika OÜNasdaq CSD SE2,5 m €AAARTT AktsiaseltsNasdaq CSD SE2,1 m €AAAAS Remedium Kalamaja ApteekNasdaq CSD SE1,7 m €AAaktsiaselts ESTIKONasdaq CSD SE1,6 m €AAAVERSKA MINERAALVEE osaühingNasdaq CSD SE1,5 m €AAAAktsiaselts Ekspress GruppNasdaq CSD SE1,4 m €AOsaühing AllfilmNasdaq CSD SE1,2 m €AAOsaühing Kallaste KalurNasdaq CSD SE1,2 m €AAALEKON PROPERTY ASNasdaq CSD SE1,2 m €AAAosaühing KediivNasdaq CSD SE1,1 m €AAAAktsiaselts FotoluksNasdaq CSD SE1,1 m €BBBAuto ID osaühingNasdaq CSD SE810 k €AAAAktsiaselts MihkliNasdaq CSD SE475 k €AAAS Tolaram InvestmentsNasdaq CSD SE380 k €AAAktsiaselts YearNasdaq CSD SE132 k €CRaisio Eesti AktsiaseltsNasdaq CSD SE120 k €ADeden-Invest AktsiaseltsNasdaq CSD SE51 638 €AOsaühing Pelguranna PandimajaNasdaq CSD SE33 179 €Aosaühing ToplexNasdaq CSD SE14 918 €AKatus ASNasdaq CSD SE13 588 €AOsaühing NIKOLLONasdaq CSD SE6 140 €Cosaühing ILMATSALU KALANasdaq CSD SE4 426 €Aaktsiaselts FaabulaNasdaq CSD SE0 €BBBAktsiaselts TalveaedNasdaq CSD SE · Likvideerimisel0 €CAktsiaselts SpratfilNasdaq CSD SE · Bankrupt0 €C

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Rental and operating of own or leased real estate

20

Licences, pledges, domains

No data

History and notices

9
DateTypeContent
25.10.2024EntrySecond, constitutive merger entry (on the acquiring company's register card)
17.07.2024EntryAmendment entry
06.04.2023EntryMuutmiskanne TsMS § 595¹ lg 1 alusel
18.03.2022Administrative order
22.04.2020EntryAmendment entry
19.03.2020EntryAmendment entry
18.03.2020Order to remedy deficienciesAmendment entry
18.02.2020EntryAmendment entry
25.11.2019EntryFirst entry