ETENRU
RegisteredHarju County
Registry code
14911780
VAT number
EE102238495
Address
Harju maakond, Tallinn, Kesklinna linnaosa, Järvevana tee 7b, 10112
Registered
13.02.2020 · 6 yrs
Activity
Hoonestusprojektide arendus 68121
Lisategevusalad
Rental and operating of own or leased real estate
Capital
2 500 €
Email
i•••@h•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Business Register 04.10.2026
Sales revenue7,2 m €-67%2025 annual report
Profit1,4 m €2025 annual report
Labour taxes per quarter0 €Tax Board 2026 Q2
Cash337 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 04.10.2026
Revenue 12 months4,9 m €-79%Tax Board, last 4 quarters
State taxes 12 months1,1 m €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 665 tuh €
12,1 M6,3 M3,3 M1,8 M1,4 M1,5 M1,4 M665 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AAA
Excellent, very low risk
90 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 04.10.2026 · 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 → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 79% aasta varasemaga
Notification when something changes
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Data

Board and owners

4 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 3
Martti Krass11 companiesno tax debtPersonal ID ↗29.07.2026
Mihkel Mäger16 companiesno tax debtPersonal ID ↗09.04.2024
Tarvo Teder22 companiesno tax debtPersonal ID ↗20.02.2020
Muud isikud 1
Nasdaq CSD SE5342 companies432 with tax debt91 pankrotisOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist.Personal ID ↗18.02.2020
Shareholders 2
Omanikukonto: HEPSOR AS50,0% 1 250 €16.08.2023
Omanikukonto: PHOENIX LAND AS50,0% 1 250 €16.08.2023
Beneficial owners 2
Mihkel Mäger16 companiesno tax debtkõrgema juhtorgani liige. s.o juhatuse liige või nõukogu liige07.07.2024
Tarvo Teder22 companiesno tax debtkõrgema juhtorgani liige. s.o juhatuse liige või nõukogu liige23.09.2022

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue31,8%
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 Q2664 945 €▼ 64%0 €211 674 €—
2026 Q11 387 621 €▼ 58%0 €304 423 €—
2025 Q41 501 391 €▼ 76%0 €333 555 €—
2025 Q31 390 124 €▼ 88%0 €290 580 €—
2025 Q21 840 837 €▲ 450%0 €323 937 €—
2025 Q13 340 632 €▲ 1938%0 €719 690 €—
2024 Q46 316 526 €▲ 2268%0 €1 260 073 €—
2024 Q312 050 606 €▲ 2618%0 €2 073 517 €—
2024 Q2334 867 €▼ 16%0 €0 €—
2024 Q1163 883 €▼ 40%0 €0 €—
2023 Q4266 744 €▲ 462%0 €0 €—
2023 Q3443 296 €▲ 1188%0 €0 €—
Näita kogu ajalugu (18 kvartalit)
2023 Q2398 481 €▲ 3112%0 €0 €—
2023 Q1274 259 €▲ 1757%0 €0 €—
2022 Q447 498 €0 €0 €—
2022 Q334 411 €0 €0 €—
2022 Q212 407 €0 €0 €—
2022 Q114 765 €0 €0 €—

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 revenue7,2 m €▼ 67%21,5 m €▲ 271×79 275 €▼ 10%88 137 €▲ 319%21 028 €
Profit1,4 m €▼ 63%3,7 m €▲ plussi-15 906 €▼ miinusesse37 973 €▲ plussi-7 898 €
Profit margin19,4%17,4%-20,1%43,1%-37,6%
Jaotamata kasum3,7 m €▲ 270×13 877 €▼ 53%29 783 €▲ plussi-8 190 €▼ 28×-292 €
Cash337 k €▼ 88%2,8 m €▲ 412%556 k €▲ 58×9 524 €▼ 37%15 131 €
Current assets3,0 m €▼ 72%10,6 m €▼ 41%17,8 m €▲ 427%3,4 m €▲ 35%2,5 m €
Põhivara2,9 m €————
Assets5,9 m €▼ 45%10,6 m €▼ 41%17,8 m €▲ 427%3,4 m €▲ 35%2,5 m €
Current liabilities699 k €▼ 90%6,8 m €▼ 62%17,7 m €▲ 354×50 181 €▲ 153%19 848 €
Pikaajalised kohustised9 283 €▼ 10%10 290 €▼ 84%62 905 €▼ 98%3,3 m €▲ 32%2,5 m €
Total liabilities709 k €▼ 90%6,8 m €▼ 62%17,8 m €▲ 432%3,3 m €▲ 33%2,5 m €
Equity5,1 m €▲ 37%3,8 m €▲ 229×16 377 €▼ 49%32 283 €▲ plussi-5 690 €
Employees00000
Filed26.02.202627.02.202508.03.202401.03.202311.03.2022
ReportIn the Business Register ↗In the Business Register ↗In the Business Register ↗In the Business Register ↗In the Business Register ↗

▲ kasv, ▼ 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
Hoonestusprojektide arendus main activity681217 108 265 €99%
Rental and operating of own or leased real estate6820162 929 €1%

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

840 € makseid

Tehingud riigiasutustega

2023840 €

Suurimad maksjad

Eesti Kunstiakadeemia840 €
Kõik maksed kuude kaupa
KuuMaksjaLiikFieldAmount
06.2023Eesti KunstiakadeemiaMajandamiskuludKolmanda taseme haridus420 €
05.2023Eesti KunstiakadeemiaMajandamiskuludKolmanda taseme haridus420 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

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 SE, Tarvo Teder380 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: 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 €

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

Licences, pledges, domains

No data

History and notices

8
DateLiikSisu
29.07.2026KanneMuutmiskanne
27.07.2026Puuduste kõrvaldamise määrusMuutmiskanne
09.04.2024KanneMuutmiskanne
06.10.2020KanneMuutmiskanne
19.03.2020KanneMuutmiskanne
20.02.2020KanneMuutmiskanne
18.02.2020KanneMuutmiskanne
13.02.2020KanneEsmakanne