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TTJA decisions

116

Court decisions

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Riigi Kinnisvara Aktsiaselts

Legal form:

Public limited company

Registry code:

10788733

VAT no.:

EE100708707

Fiscal-year period:

01.01 - 31.12

Established:

10.08.2001 (24)

Capital:

279 969 800 EUR

Address:

Tartu mnt 85, Lasnamäe linnaosa, Tallinn, Harju maakond, 10115

Status:

Registered

Contacts

Email:

info@rkas.ee

Phone:

+372 6063400

Industries

REAL ESTATE ACTIVITIES
Real estate activities
Real estate activities and development of real estate projects
68111 - Buying and selling of own real estate
68201 - Renting and operating of own or leased real estate
PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
Architectural & engineering activities; technical testing and analysis
Architectural & engineering activities and technical consultancy
7112 - Engineering activities and related technical consultancy

VAT liability

	Start	End
EE100708707	01.09.2001

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	05.06.2026	Valid
2024	01.01.2024 - 31.12.2024	14.05.2025	Valid
2023	01.01.2023 - 31.12.2023	31.05.2024	Valid
2022	01.01.2022 - 31.12.2022	01.06.2023	Valid
2021	01.01.2021 - 31.12.2021	03.05.2022	Valid
2020	01.01.2020 - 31.12.2020	16.06.2021	Valid
2019	01.01.2019 - 31.12.2019	13.08.2020	Valid
2018	01.01.2018 - 31.12.2018	14.05.2019	Valid
2017	01.01.2017 - 31.12.2017	25.05.2018	Valid
2016	01.01.2016 - 31.12.2016	22.05.2017	Valid
2015	01.01.2015 - 31.12.2015	29.06.2016	Valid
2014	01.01.2014 - 31.12.2014	16.06.2015	Valid
2013	01.01.2013 - 31.12.2013	12.06.2014	Valid
2012	01.01.2012 - 31.12.2012	15.05.2013	Valid
2011	01.01.2011 - 31.12.2011	21.06.2012	Valid
2010	01.01.2010 - 31.12.2010	26.05.2011	Valid
2009	01.01.2009 - 31.12.2009	07.05.2010	Valid
2008	01.01.2008 - 31.12.2008	17.04.2009	Valid
2007	01.01.2007 - 31.12.2007	02.05.2008	Valid
2006	01.01.2006 - 31.12.2006	13.04.2007	Valid
2005	01.01.2005 - 31.12.2005	03.05.2006	Valid
2004	01.01.2004 - 31.12.2004	04.05.2005	Valid
2003	01.01.2003 - 31.12.2003	23.04.2004	Valid
2002	01.01.2002 - 31.12.2002	26.03.2003	Valid
2001	01.01.2001 - 31.12.2001	30.05.2002	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 10.06.2026.

???

Credit rating

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Credit rating is based on company financial data and payment behavior. detailed analysis available to regia+ users.

020406080100

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Tax debt

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Unsubmitted reports

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116

Court decisions

117

Official announcements

TTJA decisions

492

Real estate

.ee domains

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195

Regulations

130.7K

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	2 102 211 €	1 417 403 €	39 816 390 €1.5%	258
Kokku 2026:	2 102 211 €	1 417 403 €	39 816 390 €
2025 Q4	6 485 529 €	1 435 486 €	39 230 532 €8.1%	264
2025 Q3	9 803 968 €	1 437 658 €	36 295 434 €6.1%	263
2025 Q2	4 823 138 €	2 294 634 €	38 639 756 €15.9%	263
2025 Q1	3 576 884 €	1 295 056 €	45 941 235 €19.2%	265
Kokku 2025:	24 689 519 €	6 462 834 €	160 106 957 €3.8%
2024 Q4	4 084 493 €	1 230 237 €	38 555 204 €6.3%	265
2024 Q3	4 317 963 €	1 257 597 €	36 277 313 €1.3%	268
2024 Q2	2 944 700 €	1 932 770 €	36 756 242 €13.8%	261
2024 Q1	2 587 222 €	1 167 260 €	42 663 563 €16.3%	250
Kokku 2024:	13 934 378 €	5 587 864 €	154 252 322 €4.4%
2023 Q4	1 406 475 €	1 094 413 €	36 694 131 €11.7%	244
2023 Q3	1 559 397 €	1 111 047 €	32 847 216 €9.1%	236
2023 Q2	7 347 068 €	1 585 213 €	36 137 114 €14.2%	243
2023 Q1	2 158 921 €	1 009 681 €	42 138 062 €10.0%	243
Kokku 2023:	12 471 860 €	4 800 354 €	147 816 523 €2.7%
2022 Q4	3 848 756 €	943 835 €	38 291 314 €5.7%	247
2022 Q3	5 531 282 €	947 397 €	36 233 941 €0.3%	246
2022 Q2	4 707 904 €	1 418 246 €	36 351 336 €11.3%	242
2022 Q1	4 016 507 €	902 436 €	40 972 629 €17.7%	236
Kokku 2022:	18 104 450 €	4 211 914 €	151 849 219 €11.5%
2021 Q4	2 511 179 €	881 189 €	34 816 251 €10.4%	241
2021 Q3	2 568 517 €	881 323 €	31 538 703 €2.5%	238
2021 Q2	10 899 411 €	1 421 195 €	32 337 756 €13.9%	237
2021 Q1	2 979 860 €	897 171 €	37 552 219 €16.5%	247
Kokku 2021:	18 958 967 €	4 080 879 €	136 244 929 €11.8%
2020 Q4	1 745 282 €	870 739 €	32 229 236 €9.8%	267
2020 Q3	12 120 852 €	865 511 €	29 345 883 €2.5%	241
2020 Q2	2 517 590 €	1 337 489 €	30 112 606 €0.0%	234
2020 Q1	2 039 583 €	839 303 €	30 124 647 €2.9%	223
Kokku 2020:	18 423 308 €	3 913 042 €	121 812 373 €2.6%
2019 Q4	1 822 886 €	779 391 €	31 030 160 €4.0%	242
2019 Q3	2 888 096 €	840 197 €	29 823 589 €2.6%	248
2019 Q2	4 311 077 €	1 314 054 €	30 622 825 €8.7%	235
2019 Q1	3 509 521 €	858 682 €	33 528 040 €18.8%	219
Kokku 2019:	12 531 580 €	3 792 324 €	125 004 614 €17.0%
2018 Q4	1 482 707 €	729 553 €	28 222 727 €6.1%	269
2018 Q3	0 €	803 791 €	26 592 054 €4.8%	251
2018 Q2	1 221 861 €	1 160 572 €	25 383 110 €4.8%	248
2018 Q1	737 888 €	766 099 €	26 658 649 €8.2%	250
Kokku 2018:	3 442 456 €	3 460 015 €	106 856 540 €9.6%
2017 Q4	790 452 €	704 734 €	24 630 207 €4.6%	264
2017 Q3	705 963 €	747 683 €	23 541 590 €5.4%	256
2017 Q2	1 175 056 €	1 262 599 €	24 880 375 €1.8%	271
2017 Q1	1 147 468 €	760 838 €	24 444 332 €468.8%	283
Kokku 2017:	3 818 939 €	3 475 854 €	97 496 504 €412.9%
2016 Q4	868 982 €	804 496 €	4 297 160 €1.3%	254
2016 Q3	883 691 €	794 145 €	4 241 874 €34.7%	254
2016 Q2	1 036 033 €	1 215 627 €	6 493 192 €63.3%	254
2016 Q1	1 631 890 €	744 274 €	3 975 491 €50.6%	254
Kokku 2016:	4 420 596 €	3 558 542 €	19 007 717 €45.9%
2015 Q4	1 402 667 €	710 039 €	8 041 793 €0.8%	359
2015 Q3	806 512 €	715 485 €	8 103 473 €31.4%	359
2015 Q2	1 237 774 €	1 042 293 €	11 804 848 €65.0%	359
2015 Q1	1 109 239 €	631 586 €	7 153 236 €	359
Kokku 2015:	4 556 192 €	3 099 403 €	35 103 350 €

Revenue by industry

	2022	2023	2024
Renting and operating of own or leased real estate	146 257 856 €	144 898 272 €	154 392 048 €
Buying and selling of own real estate	8 298 656 €	11 608 954 €	28 637 332 €
Engineering activities and related technical consultancy	1 405 256 €	2 024 707 €	3 059 143 €

Tax debts

No tax debt found

No tax debt as of 10.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Tarmo Leppoja	37706XXXXXX	01.06.1977 (49)	Board member	01.11.2023	-
Janek Lepp	37408XXXXXX	29.08.1974 (51)	Board member	11.05.2022	-

16 inactive record hidden, extended access to the information portal is required to view history!

1 - 2 / 2 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Rahandusministeerium	-	21.09.1998 (27)	Shareholder	279 876 500,00 EUR	100	Sole ownership	01.05.2026	-

84 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Kaido Padar	37107XXXXXX	14.07.1971 (54)	Chairman of the supervisory board	12.05.2026	-
Eve Murumaa	48109XXXXXX	30.09.1981 (44)	Supervisory-board member	12.05.2026	-
Pärt-Eo Rannap	37707XXXXXX	27.07.1977 (48)	Supervisory-board member	19.12.2025	-
Liina Linsi	46101XXXXXX	09.01.1961 (65)	Supervisory-board member	28.05.2024	-
Tiit Raimla	37103XXXXXX	31.03.1971 (55)	Auditor of non-cash contribution	06.03.2015	-

61 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 14 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Jürgen Ligi	35907XXXXXX	16.07.1959 (66)	Right to appoint or remove most executive or governing-body members	29.08.2024	-
Liina Linsi	46101XXXXXX	09.01.1961 (65)	Member of higher governing body (board or supervisory board)	03.06.2024	-
Tarmo Leppoja	37706XXXXXX	01.06.1977 (49)	Member of higher governing body (board or supervisory board)	07.12.2023	-
Eve Murumaa	48109XXXXXX	30.09.1981 (44)	Member of higher governing body (board or supervisory board)	12.06.2023	-
Kaido Padar	37107XXXXXX	14.07.1971 (54)	Member of higher governing body (board or supervisory board)	12.06.2023	-

14 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 7 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2 inactive record hidden, extended access to the information portal is required to view history!

2026 Q1

Turnover

Amount

39 816 390 €

Monthly average

13 272 130 €

Per employee

51 442 €

Equity ratio

4,74%

Labour taxes

Turnover ratio

3,56%

Tax ratio

67,42%

Monthly average

472 468 €

Per employee

1 810 €

State taxes

Monthly average

700 737 €

Turnover ratio

5,28%

Estimated salary

Gross salary

3 290 €

Net salary

2 591 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	86 245 000 €50.0%	57 510 000 €12.1%	51 306 000 €9.6%	56 773 000 €7.1%	61 128 000 €30.2%	87 597 000 €
Non-current assets	671 985 024 €5.3%	638 417 024 €5.2%	606 790 976 €4.6%	580 131 008 €0.7%	576 097 984 €3.6%	556 142 976 €
Total assets	758 230 016 €9.0%	695 926 976 €5.7%	658 097 024 €3.3%	636 904 000 €0.1%	637 225 984 €1.0%	643 740 032 €
Short-term liabilities	45 003 000 €8.1%	41 634 000 €21.0%	34 418 000 €21.9%	28 246 000 €1.7%	28 736 000 €0.6%	28 911 000 €
Long-term liabilities	197 563 008 €4.5%	189 124 000 €17.0%	161 652 992 €1.8%	164 536 992 €1.7%	167 359 008 €1.7%	170 168 000 €
Total liabilities	242 566 008 €5.1%	230 758 000 €17.7%	196 070 992 €1.7%	192 782 992 €1.7%	196 095 008 €1.5%	199 079 000 €
Share or stock capital	275 008 000 €5.2%	261 416 000 €0.3%	260 572 000 €8.6%	240 032 000 €0.8%	238 052 000 €0.4%	237 208 000 €
Retained earnings	172 910 000 €2.1%	169 410 992 €0.0%	169 335 984 €0.0%	169 308 992 €0.6%	168 379 008 €2.3%	172 267 992 €
Net profit	67 746 000 €97.3%	34 342 000 €6.9%	32 118 000 €7.7%	34 780 000 €0.2%	34 700 000 €1.4%	35 185 000 €
Equity	515 664 000 €10.9%	465 168 992 €0.7%	462 025 984 €4.0%	444 120 992 €0.7%	441 131 008 €0.8%	444 660 992 €
Turnover	186 088 992 €17.4%	158 532 000 €1.6%	155 962 000 €5.7%	147 506 000 €13.4%	130 089 000 €4.5%	136 234 000 €
Profit margin	36.41%68.1%	21.66%5.2%	20.59%12.7%	23.58%11.6%	26.67%3.3%	25.83%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	XKH RNG MUN	-	-	-	-
Liquidity
Current ratio	L.X	Z.F	O.W	2.0	2.1
Quick ratio	L.X	B.A	T.C	1.8	1.8
Cash ratio	F.G	N.X	Y.Q	1.2	1.3
Efficiency
Days sales outstanding (dso)	GS.I	UL.D	CA.S	36.2	35.7
Asset turnover	H.A	W.X	V.B	0.2	0.2
Structure
Debt ratio	W.R	J.Q	F.D	0.3	0.3
Profitability
Operating margin	EY.A%	YZ.L%	GP.M%	29.2%	35.2%
Net profit margin	IT.A%	RX.R%	QB.M%	23.6%	26.7%
Return on assets (roa)	U.N%	U.W%	O.X%	5.5%	5.4%
Return on equity (roe)	VB.L%	B.N%	G.J%	7.8%	7.9%

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Licences & notices

Type	Number	Field	Status	Start	End
Notice of economic activity	EH10788733-0001	- > Construction	Valid	01.04.2003	-
Notice of economic activity	EK10788733-0001	- > Building audit	Valid	01.04.2003	-
Notice of economic activity	EK10788733-0002	- > Expert assessment of a construction project	Valid	01.04.2003	-
Notice of economic activity	EO10788733-0001	- > Owner’s supervision	Valid	01.04.2003	-

1 - 4 / 4 rows

Regulations

Regulation no.	Date	Type	Status
Ä 10059444 / 147	21.05.2026	Entry - Amendment entry	Entered into force (21.05.2026)
Ä 10059444 / 146	28.04.2026	Entry - Amendment entry	Entered into force (28.04.2026)
Ä 10059444 / 145	27.10.2025	Entry - Amendment entry	Entered into force (27.10.2025)
Ä 10059444 / 144	01.09.2025	Entry - Amendment entry	Entered into force (01.09.2025)
Ä 10059444 / 143	28.05.2025	Entry - Amendment entry	Entered into force (28.05.2025)

1 - 5 / 195 rows

Real estate

Address	Area	Purpose
1. Mai tn 2, Narva linn, Ida-Viru maakond	3366 m²	Public-buildings land 100%
A. H. Tammsaare pst 61, Pärnu linn, Pärnu linn, Pärnu maakond	10190 m²	National defence land 95%, Industrial land 5%
A. H. Tammsaare pst 70, Pärnu linn, Pärnu linn, Pärnu maakond	14335 m²	National defence land 95%, Industrial land 5%
A. Weizenbergi tn 28, Kesklinna linnaosa, Tallinn, Harju maakond	990 m²	Public-buildings land 100%
A. Weizenbergi tn 34 // Valge tn 1, Kesklinna linnaosa, Tallinn, Harju maakond	36197 m²	Public-buildings land 100%

32 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 492 rows

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date
2-25-12587/12	Civil case	Court ruling (Compromise ruling)	Law of obligations	Dina Tali	ECLI:EE:HMK:2025:2.25.12587.14828	29.08.2025
2-25-8742/6	Civil case	Court judgment (Default judgment)	Law of obligations	Ahti Kuuseväli	ECLI:EE:HMK:2025:2.25.8742.13657	28.07.2025
2-21-10388/124	Civil case	Court ruling	Property law	Kairi Piirisild, Liis Arrak, Gea Lepik	ECLI:EE:TLRK:2025:2.21.10388.13674	05.06.2025
2-24-16273/6	Civil case	Court ruling (Compromise ruling)	Property law	Ahti Kuuseväli	ECLI:EE:HMK:2025:2.24.16273.6698	09.05.2025
2-22-8467/60	Civil case	Court ruling	Labour law	Margit Jäätma, Üllar Roostoja, Anneli Alekand	ECLI:EE:TRRK:2025:2.22.8467.1851	13.02.2025

1 - 5 / 116 rows

Official announcements

Subject	Date
Notice of alienation of state property	17.04.2026
Notice of declaration of a power of attorney as invalid	29.05.2025
Notice of alienation of state property	12.02.2025
Notice of alienation of state property	28.10.2024
Notice of granting or refusal of an environmental permit	29.08.2024

1 - 5 / 117 rows

Public transactions

Date	Party	Amount	Classification
25.05.2026	Sihtasutus Pärnu Muuseum	26 757.53 € Received	OPERATING EXPENSES Museums
25.05.2026	Ettevõtluse ja Innovatsiooni Sihtasutus	308.13 € Received	OPERATING EXPENSES General economic and trade policy
19.05.2026	Mittetulundusühing Ida-Viru Ühistranspordikeskus	319.28 € Received	OPERATING EXPENSES Organisation of public transport
19.05.2026	Mittetulundusühing Ida-Viru Ühistranspordikeskus	237.90 € Received	OPERATING EXPENSES Organisation of public transport
13.05.2026	Eesti Töötukassa	3 924.88 € Received	OPERATING EXPENSES Social protection of the unemployed

1 - 5 / 130711 rows

.ee domains

Domain	Status	Registered	Expires	End
narvaujula.ee	Active	26.01.2021	27.01.2027	-

4 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders