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Developing Ehitus OÜ

Legal form:

Private limited company

Registry code:

14538654

VAT no.:

EE102092479

Fiscal-year period:

01.01 - 31.12

Established:

06.08.2018 (8)

Capital:

2 500 EUR

Address:

Sõpruse pst 228-64, Mustamäe linnaosa, Tallinn, Harju maakond, 13412

Status:

Registered

Contacts

Email:

info@developingehitus.ee

Phone:

+372 55661168

Industries

CONSTRUCTION
41001 - Construction of residential and non-residential buildings

VAT liability

	Start	End
EE102092479	17.08.2018

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	28.06.2026	Valid
2024	01.01.2024 - 31.12.2024	26.06.2025	Valid
2023	01.01.2023 - 31.12.2023	21.06.2024	Valid
2022	01.01.2022 - 31.12.2022	27.06.2023	Valid
2021	01.01.2021 - 31.12.2021	07.06.2022	Valid
2020	01.01.2020 - 31.12.2020	31.05.2021	Valid
2019	06.08.2018 - 31.12.2019	10.09.2020	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 09.09.2026.

???

Credit rating

Hidden

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

020406080100

? Risk factors

? Strengths

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	37 659 €	23 123 €	464 105 €51.7%	18
2026 Q1	34 182 €	32 906 €	306 017 €43.3%	13
Kokku 2026:	71 841 €	56 029 €	770 122 €
2025 Q4	91 207 €	41 330 €	540 116 €23.5%	19
2025 Q3	70 401 €	42 425 €	437 195 €19.8%	20
2025 Q2	42 841 €	31 592 €	365 004 €29.2%	20
2025 Q1	71 418 €	37 996 €	515 197 €20.2%	13
Kokku 2025:	275 867 €	153 343 €	1 857 512 €7.3%
2024 Q4	54 634 €	36 935 €	645 700 €34.3%	21
2024 Q3	51 296 €	36 390 €	480 701 €14.4%	21
2024 Q2	56 250 €	32 568 €	420 343 €8.1%	20
2024 Q1	68 796 €	29 573 €	457 146 €23.3%	21
Kokku 2024:	230 976 €	135 466 €	2 003 890 €19.2%
2023 Q4	44 461 €	30 953 €	595 644 €26.2%	20
2023 Q3	35 713 €	27 398 €	472 045 €50.3%	20
2023 Q2	35 228 €	23 322 €	313 973 €4.8%	19
2023 Q1	37 510 €	20 698 €	299 560 €33.6%	16
Kokku 2023:	152 911 €	102 370 €	1 681 221 €11.4%
2022 Q4	44 243 €	23 586 €	451 201 €7.9%	16
2022 Q3	36 718 €	24 897 €	490 006 €1.0%	17
2022 Q2	29 989 €	19 098 €	484 916 €2.8%	18
2022 Q1	51 633 €	25 522 €	471 849 €49.9%	18
Kokku 2022:	162 583 €	93 103 €	1 897 972 €9.7%
2021 Q4	41 981 €	24 727 €	941 450 €81.2%	21
2021 Q3	30 038 €	22 493 €	519 599 €45.1%	24
2021 Q2	23 564 €	18 010 €	358 104 €26.9%	21
2021 Q1	30 632 €	22 537 €	282 162 €35.5%	20
Kokku 2021:	126 214 €	87 766 €	2 101 316 €72.8%
2020 Q4	44 324 €	19 377 €	437 567 €32.0%	25
2020 Q3	24 704 €	12 172 €	331 426 €60.4%	20
2020 Q2	18 257 €	9 064 €	206 608 €14.0%	16
2020 Q1	21 311 €	4 193 €	240 252 €36.9%	12
Kokku 2020:	108 597 €	44 807 €	1 215 854 €0.4%
2019 Q4	35 769 €	19 155 €	380 970 €3.0%	3
2019 Q3	29 950 €	17 930 €	392 856 €24.4%	20
2019 Q2	14 334 €	8 380 €	315 801 €141.2%	19
2019 Q1	4 445 €	3 126 €	130 944 €154.5%	12
Kokku 2019:	84 498 €	48 591 €	1 220 571 €1 027.5%
2018 Q4	1 258 €	650 €	51 442 €9.5%	12
2018 Q3	11 353 €	0 €	56 811 €	2
Kokku 2018:	12 611 €	650 €	108 253 €

Revenue by industry

	2023	2024	2025
Construction of residential and non-residential buildings	1 817 904 €	1 925 913 €	1 720 990 €

Tax debts

No tax debt found

No tax debt as of 09.09.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Juzef Zulkarnijev	37505XXXXXX	28.05.1975 (51)	Board member	04.02.2019	-
Rain Kandla	37110XXXXXX	15.10.1971 (54)	Board member	06.08.2018	-

1 - 2 / 2 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Rain Kandla	37110XXXXXX	15.10.1971 (54)	Shareholder	1 250,00 EUR	50	Sole ownership	01.09.2023	-
Juzef Zulkarnijev	37505XXXXXX	28.05.1975 (51)	Shareholder	1 250,00 EUR	50	Sole ownership	01.09.2023	-

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

1 - 2 / 2 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Rain Kandla	37110XXXXXX	15.10.1971 (54)	Founder	03.08.2018	-

1 - 1 / 1 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Juzef Zulkarnijev	37505XXXXXX	28.05.1975 (51)	Direct holding	23.09.2022	-
Rain Kandla	37110XXXXXX	15.10.1971 (54)	Direct holding	20.10.2018	-

1 - 2 / 2 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount

464 105 €

Monthly average

154 702 €

Per employee

8 595 €

Equity ratio

6 188,07%

Labour taxes

Turnover ratio

4,98%

Tax ratio

61,40%

Monthly average

7 708 €

Per employee

497 €

State taxes

Monthly average

12 553 €

Turnover ratio

8,11%

Estimated salary

Gross salary

1 079 €

Net salary

947 €

Aggregate data

	2025	2024	2023	2022	2021	2020	2019
Current assets	229 050 €7.9%	212 283 €1.7%	208 784 €12.1%	186 201 €32.9%	277 492 €43.3%	193 581 €76.6%	109 623 €
Non-current assets	-	-	-	-	-	-	-
Total assets	229 050 €7.9%	212 283 €1.7%	208 784 €12.1%	186 201 €32.9%	277 492 €43.3%	193 581 €76.6%	109 623 €
Short-term liabilities	145 684 €6.8%	156 232 €7.3%	145 637 €31.2%	111 004 €48.5%	215 547 €87.4%	115 038 €92.8%	59 670 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	145 684 €6.8%	156 232 €7.3%	145 637 €31.2%	111 004 €48.5%	215 547 €87.4%	115 038 €92.8%	59 670 €
Share or stock capital	2 500 €	2 500 €	2 500 €	2 500 €	2 500 €	2 500 €	2 500 €
Retained earnings	53 551 €11.7%	60 647 €12.1%	54 089 €9.0%	59 445 €13.5%	52 375 €109.9%	24 953 €1 098.1%	-2 500 €
Net profit	27 315 €484.9%	-7 096 €208.2%	6 558 €50.5%	13 252 €87.4%	7 070 €86.2%	51 090 €2.3%	49 953 €
Equity	83 366 €48.7%	56 051 €11.2%	63 147 €16.0%	75 197 €21.4%	61 945 €21.1%	78 543 €57.2%	49 953 €
Turnover	1 720 990 €10.6%	1 925 913 €5.9%	1 817 904 €5.7%	1 720 338 €22.4%	2 217 818 €80.1%	1 231 317 €13.3%	1 420 203 €
Profit margin	1.59%530.8%	-0.37%202.1%	0.36%53.2%	0.77%141.6%	0.32%92.3%	4.15%18.0%	3.52%

Financial ratios

	2025	2024	2023	2022	2021
Profit and cash flow
EBITDA	-	-	-	-	-
Liquidity
Current ratio	U.P	H.W	T.M	1.7	1.3
Quick ratio	T.C	J.N	H.H	1.7	1.3
Cash ratio	D.I	X.C	X.K	0.6	0.4
Efficiency
Days sales outstanding (dso)	XS.D	EK.I	XY.Q	33.6	29.1
Asset turnover	I.A	L.W	R.T	7.4	9.4
Structure
Debt ratio	S.A	H.W	Y.I	0.6	0.8
Profitability
Operating margin	J.Y%	-F.U%	F.T%	0.7%	0.2%
Net profit margin	X.W%	-Z.G%	L.O%	0.8%	0.3%
Return on assets (roa)	GC.F%	-H.A%	V.D%	5.7%	3.0%
Return on equity (roe)	DX.D%	-EV.O%	RM.M%	17.6%	11.4%

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Licences & notices

Type	Number	Field	Status	Start	End
Notice of economic activity	EEH010923	- > Construction	Valid	06.12.2018	-

1 - 1 / 1 rows

Regulations

Regulation no.	Date	Type	Status
Ä 50099535 / 7	03.09.2024	Entry - Amendment entry under NSPA § 595¹ (1)	Entered into force (03.09.2024)
Ä 50099535 / 6	01.09.2023	Entry - Amendment entry	Entered into force (01.09.2023)
Ä 50099535 / 5	28.08.2020	Entry - Amendment entry	Entered into force (28.08.2020)
Ä 50099535 / 4	04.02.2019	Entry - Amendment entry	Entered into force (04.02.2019)
Ä 50099535 / 3	22.10.2018	Entry - Amendment entry	Entered into force (22.10.2018)

1 - 5 / 8 rows

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

Date	Party	Amount	Classification
29.06.2026	Riigi Kinnisvara Aktsiaselts	6 066.70 € Received	OPERATING EXPENSES Other general services
22.06.2026	Riigi Kinnisvara Aktsiaselts	16 694.68 € Received	OPERATING EXPENSES Other general services
22.06.2026	Riigi Kinnisvara Aktsiaselts	23 690.20 € Received	NON-CURRENT ASSETS Other general services
22.06.2026	Riigi Kinnisvara Aktsiaselts	240.00 € Received	NON-CURRENT ASSETS Other general services
25.05.2026	Riigi Kinnisvara Aktsiaselts	25 837.00 € Received	OPERATING EXPENSES Other general services

1 - 5 / 84 rows

.ee domains

Domain	Status	Registered	Expires	End
developingehitus.ee	Active	28.08.2018	29.08.2027	-

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