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Sihtasutus Saare Arenduskeskus

Legal form:

Foundation

Registry code:

90014098

VAT no.:

Fiscal-year period:

01.01 - 31.12

Established:

06.11.2017 (8)

Address:

Torni tn 1, Kuressaare linn, Saaremaa vald, Saare maakond, 93812

Status:

Registered

E-arvete vastuvõtmine:

Telema

Contacts

Email:

rainer@sasak.ee

Phone:

+372 5537536

Industries

OTHER SERVICE ACTIVITIES
Activities of organisations
Activities of other organisations
Activities of other organisations n.e.c.
94992 - Associations promoting and supporting regional/local life

VAT liability

No VAT obligation history found

Company has not been issued any VAT ID number

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	02.06.2026	Valid
2024	01.01.2024 - 31.12.2024	09.04.2025	Valid
2023	01.01.2023 - 31.12.2023	31.03.2024	Valid
2022	01.01.2022 - 31.12.2022	14.04.2023	Valid
2021	01.01.2021 - 31.12.2021	06.04.2022	Valid
2020	01.01.2020 - 31.12.2020	26.04.2021	Valid
2019	01.01.2019 - 31.12.2019	30.04.2020	Valid
2018	06.11.2017 - 31.12.2018	23.05.2019	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 22.07.2026.

???

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 debt

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Real estate

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1.5K

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✓

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✓

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	23 951 €	25 572 €	0 €	8
2026 Q1	20 463 €	21 827 €	0 €	8
Kokku 2026:	44 414 €	47 399 €	0 €
2025 Q4	26 257 €	27 291 €	0 €	6
2025 Q3	24 682 €	25 944 €	0 €	6
2025 Q2	23 476 €	24 682 €	0 €	7
2025 Q1	26 795 €	28 036 €	0 €	7
Kokku 2025:	101 210 €	105 953 €	0 €
2024 Q4	31 820 €	33 511 €	0 €	7
2024 Q3	28 635 €	30 111 €	0 €	8
2024 Q2	29 157 €	30 505 €	0 €	8
2024 Q1	31 594 €	33 236 €	0 €	7
Kokku 2024:	121 206 €	127 363 €	0 €
2023 Q4	24 040 €	25 229 €	0 €	9
2023 Q3	23 761 €	24 891 €	0 €	9
2023 Q2	25 050 €	26 298 €	0 €	8
2023 Q1	22 206 €	23 499 €	0 €	6
Kokku 2023:	95 057 €	99 916 €	0 €
2022 Q4	18 537 €	19 746 €	0 €	7
2022 Q3	18 154 €	19 353 €	0 €	7
2022 Q2	19 678 €	21 025 €	0 €	6
2022 Q1	22 760 €	24 410 €	0 €	6
Kokku 2022:	79 129 €	84 535 €	0 €
2021 Q4	23 575 €	25 221 €	0 €	8
2021 Q3	20 151 €	21 573 €	0 €	8
2021 Q2	18 759 €	20 046 €	0 €	7
2021 Q1	27 708 €	29 692 €	0 €	8
Kokku 2021:	90 193 €	96 532 €	0 €
2020 Q4	22 558 €	24 163 €	0 €	11
2020 Q3	20 290 €	21 795 €	0 €	14
2020 Q2	19 743 €	21 335 €	0 €	10
2020 Q1	22 600 €	24 421 €	0 €	11
Kokku 2020:	85 192 €	91 714 €	0 €100.0%
2019 Q4	18 293 €	19 783 €	0 €	9
2019 Q3	19 333 €	20 907 €	0 €100.0%	10
2019 Q2	22 999 €	24 819 €	198 718 €80.6%	9
2019 Q1	17 765 €	19 175 €	110 036 €	13
Kokku 2019:	78 390 €	84 684 €	308 754 €5.7%
2018 Q4	15 848 €	17 155 €	0 €100.0%	9
2018 Q3	13 491 €	14 588 €	157 510 €35.2%	6
2018 Q2	12 670 €	13 646 €	116 513 €545.0%	6
2018 Q1	0 €	0 €	18 064 €	5
Kokku 2018:	42 009 €	45 389 €	292 087 €

Tax debts

No tax debt found

No tax debt as of 22.07.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Rainer Paenurk	38603XXXXXX	14.03.1986 (40)	Board member	14.03.2018	-

1 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
Kalle Kukk	37702XXXXXX	23.02.1977 (49)	Supervisory-board member	31.03.2026	-
Kalev Kütt	36404XXXXXX	20.04.1964 (62)	Supervisory-board member	13.01.2026	-
Raido Liitmäe	36904XXXXXX	15.04.1969 (57)	Supervisory-board member	13.01.2026	-
Kaido Kaasik	36805XXXXXX	21.05.1968 (58)	Supervisory-board member	07.01.2026	-
Merike Liiv	46402XXXXXX	24.02.1964 (62)	Supervisory-board member	07.01.2026	-

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

1 - 5 / 6 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Kalle Kukk	37702XXXXXX	23.02.1977 (49)	Founder-rights holder, supervisory-board member, board member	21.04.2026	-
Kaido Kaasik	36805XXXXXX	21.05.1968 (58)	Founder-rights holder, supervisory-board member, board member	13.01.2026	-
Merike Liiv	46402XXXXXX	24.02.1964 (62)	Founder-rights holder, supervisory-board member, board member	13.01.2026	-
Kalev Kütt	36404XXXXXX	20.04.1964 (62)	Founder-rights holder, supervisory-board member, board member	28.09.2023	-
Raido Liitmäe	36904XXXXXX	15.04.1969 (57)	Founder-rights holder, supervisory-board member, board member	28.09.2023	-

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

1 - 5 / 6 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount

0 €

Monthly average

0 €

Per employee

0 €

Equity ratio

Labour taxes

Turnover ratio

0,00%

Tax ratio

106,77%

Monthly average

8 524 €

Per employee

1 066 €

State taxes

Monthly average

7 984 €

Turnover ratio

0,00%

Estimated salary

Gross salary

2 036 €

Net salary

1 659 €

Aggregate data

	2025	2024	2023	2022	2021	2020	2019
Current assets	106 036 €12.3%	120 843 €9.0%	110 825 €42.1%	78 014 €7.9%	84 747 €11.5%	95 802 €81.0%	52 926 €
Non-current assets	-	-	-	-	-	-	-
Total assets	106 036 €12.3%	120 843 €9.0%	110 825 €42.1%	78 014 €7.9%	84 747 €11.5%	95 802 €81.0%	52 926 €
Short-term liabilities	42 172 €24.4%	55 818 €5.1%	53 086 €39.5%	38 061 €33.9%	57 569 €7.6%	62 316 €103.8%	30 578 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	42 172 €24.4%	55 818 €5.1%	53 086 €39.5%	38 061 €33.9%	57 569 €7.6%	62 316 €103.8%	30 578 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	-	-	-	-	-	-	-
Net profit	-	-	-	-	-	-	-
Equity	-	-	-	-	-	-	-
Turnover	-	-	-	-	-	-	-
Profit margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financial ratios

	2025	2024	2023	2022	2021
Profit and cash flow
EBITDA	-	-	-	-	-
Liquidity
Current ratio	K.A	L.N	Q.Z	2.0	1.5
Quick ratio	Z.R	J.V	N.R	2.0	1.5
Cash ratio	G.P	J.J	B.R	0.6	0.6
Efficiency
Days sales outstanding (dso)	-	-	-	-	-
Asset turnover	-	-	-	-	-
Structure
Debt ratio	S.T	Q.B	Z.L	0.5	0.7
Profitability
Operating margin	-	-	-	-	-
Net profit margin	-	-	-	-	-
Return on assets (roa)	-C.J%	F.R%	YA.B%	15.7%	-7.0%
Return on equity (roe)	-T.E%	GM.X%	RS.W%	32.0%	-23.2%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Regulation no.	Date	Type	Deadline	Status
S 50068688 / M8	28.08.2025	Order to remedy deficiencies for correcting extra-entry data - Amendment entry	11.09.2025	Deficiencies remedied (29.08.2025)
S 50068688 / M7	13.12.2024	Directive order	23.12.2024	Deficiencies remedied (16.12.2024)
S 50068688 / M6	13.11.2024	Order to remedy deficiencies for correcting extra-entry data - Amendment entry	27.11.2024	Deficiencies remedied (15.11.2024)
S 50068688 / 7	08.03.2024	Entry - Amendment entry		Entered into force (08.03.2024)
S 50068688 / M5	15.02.2024	Order to remedy deficiencies - Amendment entry	16.03.2024	Deficiencies remedied (05.03.2024)

1 - 5 / 15 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

Subject	Date
Notice of a foundation merger	26.02.2018

1 - 1 / 1 rows

Public transactions

Date	Party	Amount	Classification
11.06.2026	MTÜ MAAKONDLIKUD ARENDUSKESKUSED	2 762.97 € Received	OTHER GRANTS General economic and trade policy
11.06.2026	MTÜ MAAKONDLIKUD ARENDUSKESKUSED	5 516.57 € Received	OTHER GRANTS General economic and trade policy
05.06.2026	Ettevõtluse ja Innovatsiooni Sihtasutus	600.00 € Received	OPERATING EXPENSES Housing development
29.05.2026	VELVET OÜ	7 936.00 € Paid	OPERATING EXPENSES Other general services
29.05.2026	Hedering RK OÜ	482.00 € Paid	OPERATING EXPENSES Other general services

1 - 5 / 1526 rows

.ee domains

Domain	Status	Registered	Expires	End
sasak.ee	Active	08.12.2010	09.12.2026	-

1 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