MA Kinnisvara Arenduse OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	28.08.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	15.01.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	29.10.2025	Expired	PDF
2023	01.01.2023 – 31.12.2023	05.08.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	29.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	04.07.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	22.07.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	16.09.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	27.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	06.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	04.07.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	07.07.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	17.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	26.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	14.08.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	29.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	12.07.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	16.07.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	01.10.2009	Valid	PDF
2008	01.01.2008 – 31.12.2008	01.07.2009	Expired	PDF
2007	09.08.2006 – 31.12.2007	26.06.2008	Valid	PDF

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Tax debt Reports Declarations Court decisions3 Official announcements2 TTJA decisions–Real estate11 .ee domains1 Licenses–Regulations19 Public transactions3 Grants–State aid1 Public procurement–Holdings in companies1 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	90 167 €	12 373 €	426 250 €−8,5%	5
2026 Q2	88 553 €	11 359 €	465 981 €−8,1%	5
2026 Q1	89 744 €	11 543 €	507 292 €+18,7%	4
Total 2026:	268 464 €	35 275 €	1,40 M €
2025 Q4	71 509 €	11 913 €	427 299 €+7,2%	4
2025 Q3	63 587 €	11 913 €	398 772 €−7,0%	4
2025 Q2	65 477 €	12 009 €	428 569 €−0,1%	4
2025 Q1	46 150 €	11 230 €	428 865 €−0,8%	4
Total 2025:	246 723 €	47 065 €	1,68 M €
2024 Q4	58 102 €	9 557 €	432 176 €−1,2%	5
2024 Q3	50 569 €	9 557 €	437 518 €−2,2%	4
2024 Q2	63 845 €	9 557 €	447 317 €−7,5%	4
2024 Q1	63 018 €	9 430 €	483 562 €+20,4%	4
Total 2024:	235 534 €	38 101 €	1,80 M €
2023 Q4	11 175 €	9 366 €	401 734 €+14,6%	4
2023 Q3	15 609 €	9 366 €	350 615 €−5,4%	4
2023 Q2	41 926 €	9 366 €	370 749 €−14,6%	4
2023 Q1	61 135 €	9 173 €	434 306 €+7,5%	4
Total 2023:	129 845 €	37 271 €	1,56 M €
2022 Q4	52 274 €	9 703 €	404 010 €−15,0%	5
2022 Q3	60 077 €	9 584 €	475 585 €+49,8%	5
2022 Q2	46 539 €	9 552 €	317 457 €−1,3%	5
2022 Q1	49 151 €	9 332 €	321 674 €+13,5%	5
Total 2022:	208 041 €	38 171 €	1,52 M €
2021 Q4	45 015,51 €	9 220,58 €	283 482,95 €+2,3%	5
2021 Q3	48 557,98 €	9 153,33 €	277 102,63 €+5,0%	5
2021 Q2	44 966,56 €	9 153,33 €	263 828,66 €−5,8%	5
2021 Q1	48 626,26 €	9 255,51 €	280 195,38 €+3,1%	6
Total 2021:	187 166,31 €	36 782,75 €	1,10 M €
2020 Q4	51 160,79 €	9 277,94 €	271 706,61 €−1,7%	6
2020 Q3	24 037,54 €	8 558,05 €	276 462,39 €+56,8%	5
2020 Q2	0 €	8 068,96 €	176 339,08 €−13,9%	5
2020 Q1	0 €	9 633 €	204 813 €+5,4%	5
Total 2020:	75 198,33 €	35 537,95 €	929 321,08 €
2019 Q4	0 €	9 194 €	194 409 €+32,8%	6
2019 Q3	7 345 €	9 148 €	146 424 €−27,0%	5
2019 Q2	26 783 €	9 095 €	200 517 €+26,3%	5
2019 Q1	24 250 €	4 965 €	158 739 €+9,3%	6
Total 2019:	58 378 €	32 402 €	700 089 €
2018 Q4	22 938 €	2 949 €	145 185 €+5,4%	4
2018 Q3	20 067 €	2 903 €	137 783 €+5,0%	4
2018 Q2	0 €	3 372 €	131 210 €−4,9%	4
2018 Q1	0 €	3 349 €	137 903 €+26,3%	4
Total 2018:	43 005 €	12 573 €	552 081 €
2017 Q4	0 €	3 021 €	109 187 €+3,4%	5
2017 Q3	12 695 €	3 036 €	105 607 €−20,5%	4
2017 Q2	13 714 €	3 036 €	132 860 €+2,2%	3
2017 Q1	19 982 €	2 969 €	130 057 €+65,8%	3
Total 2017:	46 391 €	12 062 €	477 711 €
2016 Q4	0 €	3 356 €	78 427 €+13,4%	3
2016 Q3	0 €	2 960 €	69 165 €+1,5%	3
2016 Q2	0 €	2 916 €	68 144 €−0,1%	3
2016 Q1	0 €	2 919 €	68 208 €+72,4%	3
Total 2016:	0 €	12 151 €	283 944 €
2015 Q4	-15 658 €	2 968 €	39 563 €−33,2%	1
2015 Q3	6 380 €	4 446 €	59 264 €+9,1%	1
2015 Q2	6 725 €	4 076 €	54 337 €−1,6%	1
2015 Q1	8 154 €	4 142 €	55 220 €	1
Total 2015:	5 601 €	15 632 €	208 384 €

Revenue by industry

	2023	2024	2025
Renting and operating of own or leased real estate	1 262 388 €	7 687 €	1 422 950 €

Tax debts

No tax debt found

No tax debt as of 29.10.2026

Representatives

	Personal ID code
Aleksandr Školjar	36705XXXXXX	04.05.1967 (59)	Board member	01.06.2016	-

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Shareholders

	Personal ID code
Mart Sillaots	37203XXXXXX	10.03.1972 (54)	Shareholder	889 EUR	35,00%	Sole ownership	01.09.2023	-
Andrei Lagunov	37505XXXXXX	22.05.1975 (51)	Shareholder	889 EUR	35,00%	Sole ownership	10.01.2024	-
Aleksandr Školjar	36705XXXXXX	04.05.1967 (59)	Shareholder	762 EUR	30,00%	Sole ownership	05.02.2026	-

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Other persons

	Personal ID code
Andrei Lagunov	37505XXXXXX	22.05.1975 (51)	Founder	09.08.2006	-
Mart Sillaots	37203XXXXXX	10.03.1972 (54)	Founder	09.08.2006	-

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Ultimate beneficial owners

	Personal ID code
Aleksandr Školjar	36705XXXXXX	04.05.1967 (59)	Direct holding	29.01.2026	-
Andrei Lagunov	37505XXXXXX	22.05.1975 (51)	Direct holding	27.03.2024	-
Mart Sillaots	37203XXXXXX	10.03.1972 (54)	Direct holding	31.05.2023	-

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Holdings in companies


Renova Kinnisvara OÜ	01.06.2009	Shareholder	2 557 EUR	100,00%	Sole ownership	01.09.2023	-

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2026 Q3

Turnover

Amount: 426 250 €
Monthly average: 142 083 €
Per employee: 28 417 €
Equity ratio: 5 593,83%

Labour taxes

Turnover ratio: 2,90%
Tax ratio: 13,72%
Monthly average: 4 124 €
Per employee: 825 €

State taxes

Monthly average: 30 056 €
Turnover ratio: 21,15%

Estimated salary

Gross salary: 1 599 €
Net salary: 1 356 €

Aggregate data

Last 5 yrsAll

	2025	2023	2022	2021	2020	2019
Current assets	278 111 €−10,0%	309 182 €−16,6%	370 540 €−28,9%	521 288 €+46,7%	355 336 €+236%	105 620 €
Non-current assets	15 362 329 €+14,4%	13 432 253 €+10,4%	12 163 397 €+30,6%	9 313 557 €+15,3%	8 080 557 €+23,6%	6 539 807 €
Total assets	15 637 883 €+13,8%	13 741 435 €+11,0%	12 374 970 €+25,9%	9 832 288 €+17,4%	8 377 343 €+26,0%	6 647 984 €
Short-term liabilities	1 678 623 €+143%	691 403 €+53,7%	449 881 €+4,5%	430 499 €+74,9%	246 078 €−30,4%	353 334 €
Long-term liabilities	4 208 111 €−25,0%	5 609 805 €+14,9%	4 882 806 €+53,0%	3 191 361 €+0,1%	3 189 048 €+30,0%	2 452 715 €
Total liabilities	5 886 734 €−6,6%	6 301 208 €+18,2%	5 332 687 €+47,2%	3 621 860 €+5,4%	3 435 126 €+22,4%	2 806 049 €
Share or stock capital	-	-	-	-	-	-
Retained earnings	7 995 567 €+11,8%	7 154 782 €+16,6%	6 137 813 €+22,8%	4 998 329 €+30,2%	3 839 139 €+8,9%	3 525 464 €
Net profit	1 724 371 €+303%	427 944 €−54,5%	940 656 €−24,5%	1 245 797 €+12,4%	1 108 394 €+204%	364 471 €
Equity	10 200 863 €+29,6%	7 871 371 €+11,8%	7 042 283 €+8,2%	6 510 428 €+31,7%	4 942 217 €+28,6%	3 841 935 €
Turnover	1 686 627 €+11,4%	1 513 628 €+13,6%	1 332 833 €+44,9%	920 084 €−6,5%	983 607 €+85,1%	531 299 €
Profit margin	102,2%	28,3%	70,6%	135,4%	112,7%	68,6%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	0,5	1,0
Quick ratio	0,5	1,0
Cash ratio	0,1	0,8
Efficiency
Days sales outstanding (dso)	42,6	36,7
Asset turnover	0,1	0,1
Structure
Debt ratio	0,4	0,4
Profitability
Operating margin	92,3%	139,5%
Net profit margin	83,2%	130,2%
Return on assets (roa)	8,2%	13,2%
Return on equity (roe)	12,8%	19,5%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10100882 / 12	05.02.2026	Entry – Amendment entry	-	Entered into force05.02.2026
Ä 10100882 / M7	18.12.2025	Fine-warning order – annual-report deficiencies	17.01.2026	Deficiencies remedied15.01.2026
Ä 10100882 / M6	17.11.2025	Order to remedy annual-report deficiencies	17.12.2025	Entered into force17.11.2025
Ä 10100882 / M5	28.08.2025	Fine-warning order – annual report not filed	27.09.2025	Deficiencies remedied01.11.2025
Ä 10100882 / M4	08.07.2024	Fine-warning order – annual report not filed	07.08.2024	Deficiencies remedied06.08.2024

Real estate

		Purpose
Keemikute tn 25, Maardu linn, Harju maakond	5072 m²	Commercial land 100%
Keskväljak 13, Keila linn, Harju maakond	1084 m²	Commercial land 100%
Linnamäe tee 2b, Lasnamäe linnaosa, Tallinn, Harju maakond	7540 m²	Public-use land 100%
Linnamäe tee 2d, Lasnamäe linnaosa, Tallinn, Harju maakond	1320 m²	Commercial land 100%
Merivälja tee 22, Pirita linnaosa, Tallinn, Harju maakond	988 m²	Commercial land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-24-118897/8	Kohtu I astme menetlus	Court judgmentDefault judgment	Law of obligations	Piret Rõuk	ECLI:EE:HMK:2025:2.24.118897.2329	20.01.2025	Open
2-23-15590/6	Kohtu I astme menetlus	Court judgmentDefault judgment	Law of obligations	Liisi Vernik	ECLI:EE:HMK:2024:2.23.15590.904	02.01.2024	Open
3-18-762/17	Kohtu I astme menetlus	Court judgment	Planning and construction	Kristina Maimann	ECLI:EE:TLHK:2018:3.18.762.20668	30.10.2018	Open

Official announcements


Notice of alienation of state property	03.10.2023	PDF
Notice of alienation of state property	21.04.2021	PDF

Public transactions


11.09.2026	Eesti Töötukassa	7 020,44 €Received	OPERATING EXPENSESSocial protection of the unemployed
13.07.2026	Eesti Töötukassa	2 979,56 €Received	OPERATING EXPENSESSocial protection of the unemployed
20.11.2025	Tallinna Strateegiakeskus	1 000 €Received	SOCIAL BENEFITSOther economy, incl. economic administration

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


20.05.2026	Eesti TöötukassaAid measure 231580	Koolitus VTA › Koolitus VTAGrant	10 000 €	231580/2603842

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


maka.ee	Active	30.09.2010	01.10.2027

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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

Data comes from public registers.