Specialist Fund Management OÜ
- Registry code
- 16156922
- VAT number
- not VAT registered
- Address
- Tartu maakond, Tartu linn, Tartu linn, Riia tn 24a, 51010
- Registered
- 09.02.2021 · 5 yrs
- Activity
- Fund management activities 66301
- Capital
- 25 000 €
- r•••@u•••.vcLog in to see
- No tax debt
- No enforcement proceedings (12 months)
- No payment orders (12 months)
- No bankruptcy or liquidation
- No sanctions
- Report filed (2025)
- Not VAT registered
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Board and owners
2 persons
| Board 2 | ||
|---|---|---|
| Gerri Kodres11 companiesno tax debt | Personal ID ↗ | 09.02.2021 |
| Riivo Anton17 companiesno tax debt | Personal ID ↗ | 09.02.2021 |
| Shareholders 2 | ||
| Gerri Kodres | 50,0% 12 500 € | 27.06.2025 |
| Riivo Anton | 50,0% 12 500 € | 27.06.2025 |
| Beneficial owners 2 | ||
| Gerri Kodres11 companiesno tax debtdirect holding | 09.02.2021 | |
| Riivo Anton17 companiesno tax debtdirect holding | 09.02.2021 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | — | 40 306 € | 40 604 € | 5 | |
| 2026 Q1 | — | 42 395 € | 39 064 € | 4 | |
| 2025 Q4 | — | 31 811 € | 29 644 € | 5 | |
| 2025 Q3 | — | 47 414 € | 44 202 € | 5 | |
| 2025 Q2 | — | 36 641 € | 35 030 € | 5 | |
| 2025 Q1 | — | 42 679 € | 41 160 € | 5 | |
| 2024 Q4 | — | 29 227 € | 28 193 € | 5 | |
| 2024 Q3 | — | 35 644 € | 33 685 € | 5 | |
| 2024 Q2 | — | 27 849 € | 31 856 € | 5 | |
| 2024 Q1 | — | 33 769 € | 32 920 € | 5 | |
| 2023 Q4 | — | 27 337 € | 26 812 € | 5 | |
| 2023 Q3 | — | 33 022 € | 35 544 € | 5 |
Show full history (18 quarters)
| 2023 Q2 | — | 24 975 € | 25 091 € | 5 | |
| 2023 Q1 | — | 22 914 € | 23 121 € | 5 | |
| 2022 Q4 | — | 15 355 € | 15 419 € | 3 | |
| 2022 Q3 | — | 14 345 € | 14 947 € | 3 | |
| 2022 Q2 | — | 10 823 € | 10 375 € | 3 | |
| 2022 Q1 | — | 5 951 € | 5 489 € | 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
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Sales revenue | 1,1 m € | 0% | 1,1 m € | ▼ 2% | 1,1 m € | ▲ 14% | 964 k € | — | |
| Profit | 619 k € | ▼ 33% | 918 k € | ▲ 77% | 519 k € | ▲ 17× | 30 356 € | ▲ into profit | -26 068 € |
| Profit margin | 57,8% | 85,9% | 47,3% | 3,1% | — | ||||
| Retained earnings | 1,4 m € | ▲ 171% | 523 k € | ▲ 122× | 4 289 € | ▲ into profit | -26 068 € | — | |
| Cash | 26 263 € | ▼ 29% | 37 097 € | ▼ 62% | 96 667 € | ▼ 37% | 153 k € | ▲ 19× | 8 222 € |
| Current assets | 45 387 € | ▼ 29% | 63 736 € | ▼ 48% | 124 k € | ▼ 20% | 155 k € | ▲ 19× | 8 222 € |
| Fixed assets | 2,6 m € | ▲ 65% | 1,6 m € | ▲ 130% | 683 k € | ▲ 73% | 395 k € | ▲ 244× | 1 618 € |
| Assets | 2,6 m € | ▲ 62% | 1,6 m € | ▲ 103% | 807 k € | ▲ 47% | 549 k € | ▲ 56× | 9 840 € |
| Current liabilities | 465 k € | ▲ 592% | 67 196 € | ▼ 17% | 80 895 € | ▼ 10% | 89 890 € | ▲ 150% | 35 908 € |
| Long-term liabilities | 116 k € | ▼ 8% | 126 k € | ▼ 38% | 203 k € | ▼ 55% | 455 k € | — | |
| Total liabilities | 582 k € | ▲ 201% | 194 k € | ▼ 32% | 284 k € | ▼ 48% | 545 k € | ▲ 15× | 35 908 € |
| Equity | 2,1 m € | ▲ 43% | 1,4 m € | ▲ 176% | 523 k € | ▲ 122× | 4 288 € | ▲ into profit | -26 068 € |
| Labour costs | -366 k € | ▼ 16% | -316 k € | ▼ 5% | -300 k € | ▼ 126% | -133 k € | ▼ 641% | -17 913 € |
| Employees | 7 | 0% | 7 | 0% | 7 | ▲ 133% | 3 | ▲ 200% | 1 |
| Filed | 18.06.2026 | 30.06.2025 | 30.06.2024 | 29.06.2023 | 30.06.2022 | ||||
| Report | PDF ↓ | 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
| Activity | EMTAK | Sales revenue | Osa |
|---|---|---|---|
| Fund management activities main activity | 66301 | 1 070 237 € | 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
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
1 365 € makseid
Transactions with state institutions
Largest payers
| Ettevõtluse ja Innovatsiooni SA | 1 365 € |
All payments by month
| Month | Payer | Type | Field | Amount |
|---|---|---|---|---|
| 11.2025 | Ettevõtluse ja Innovatsiooni SA | Operating costs | General economic and trade policy | 1 365 € |
Riigi Tugiteenuste Keskus, Saldo makseandmikud
Holdings in other companies
2
| Company | Code | Holding | Since | Revenue |
|---|---|---|---|---|
| Levila OÜ | 14791330 | 0,46% | 01.09.2023 | 28 801 € |
| OÜ PoCo SPV1 | 16868048 | 2,19% | 30.12.2025 | 28 482 € |
Business Register
Companies linked via the board
19
Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Fund management activities
20
| # | Company | Revenue |
|---|---|---|
| 1 | Swedbank Investeerimisfondid Aktsiaselts | 15,2 m € |
| 2 | Aktsiaselts LHV Varahaldus | 11,2 m € |
| 3 | EfTEN Capital AS | 7,3 m € |
| 4 | Aktsiaselts Trigon Asset Management | 6,8 m € |
| 5 | AKTSIASELTS SEB VARAHALDUS | 6,4 m € |
| 6 | AS BaltCap | 3,9 m € |
| 7 | AS SmartCap | 3,6 m € |
| 8 | Osaühing QFM | 2,9 m € |
| 9 | Tuleva Fondid AS | 2,7 m € |
| 10 | AS Plural Estonia | 2,1 m € |
| 11 | AS Avaron Asset Management | 2,1 m € |
| 12 | Usaldusfond EfTEN Real Estate Fund 4 | 2,1 m € |
| 13 | OÜ Trind Ventures | 1,5 m € |
| 14 | Superangel OÜ | 1,2 m € |
| 15 | Siena Venture Partners OÜ | 1,1 m € |
| 16 | AS Birdeye Capital | 1,1 m € |
| 17 | Baltic Horizon Capital AS | 1,1 m € |
| 18 | EfTEN Kinnisvarafond II AS | 1,1 m € |
| 19 | Specialist Fund Management OÜ | 1,1 m € |
| 20 | BPM Mezzanine Fund II Management OÜ | 941 k € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Tegevusload
1 records
Activity licences (MTR and environmental)
| Field | Licence number | Valid from |
|---|---|---|
| Finantseerimisasutusena tegutsemine | FFA000429 | 19.11.2021 |
History and notices
4
| Date | Type | Content |
|---|---|---|
| 27.06.2025 | Entry | Amendment entry |
| 26.06.2025 | Order to remedy deficiencies | Amendment entry |
| 02.09.2023 | Entry | Amendment entry |
| 09.02.2021 | Entry | First entry |