ETENRU

Luther Factory Holding OÜ

RegisteredHarju County
Registry code
14806675
VAT number
not VAT registered
Address
Harju maakond, Tallinn, Kesklinna linnaosa, Maakri tn 19/1, 10145
Registered
17.09.2019 · 7 yrs
Activity
Rental and operating of own or leased real estate 68201
Capital
24 000 €
Email
c•••@t•••.euLog in to see
Business Register 08.10.2026
A board member sat on the board of another company that went bankrupt
Annual report 2024 not filed, deadline was 30.06.2025
Sales revenue5 248 €-75%2023 annual report
Profit-425 k €2023 annual report
Cash4 €Cash 31.12.2023, annual report
Tax debt0 €Tax Board debtor list 08.10.2026
Revenue 12 months419 €-100%Tax Board, last 4 quarters
State taxes 12 months11 070 €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 0 €
19419419411,3 M419000
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
C
Unsatisfactory, very high risk
23 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 08.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Last report 2023
  • Not VAT registered
Stability
RatingBB → C
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 100% vs a year earlier
Email right away on tax debt, bankruptcy or board change

Data

Board and owners

3 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Andres Urb21 companies8 with tax debtPersonal ID ↗17.09.2019
Toomas Saarma33 companies21 with tax debt30 bankruptPersonal ID ↗02.02.2026
Other persons 1
Nasdaq CSD SEOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist.29.12.2020
Shareholders 13
Omanikukonto: Triple Net Capital OÜ34,06% 8 174 €09.02.2026
Omanikukonto: Bo Mikael Mathias Granrot14,26% 3 422 €21.08.2026
Omanikukonto: Apex Fuels OÜ12,6% 3 025 €21.08.2026
Omanikukonto: OÜ VISIONAL INVEST10,0% 2 400 €05.12.2025
Omanikukonto: KADJASTE FARMER OSAÜHING8,0% 1 920 €05.12.2025
Omanikukonto: USALDUSFOND NOBIS FUND4,48% 1 075 €21.08.2026
Omanikukonto: LEONIA OÜ3,33% 800 €16.08.2023
Omanikukonto: OÜ SKYWOOD3,0% 720 €05.12.2025
Omanikukonto: INDREK SUURKASK2,86% 686 €16.08.2023
Omanikukonto: PEEDA OÜ2,72% 653 €21.08.2026
Omanikukonto: TAUR Varahalduse Osaühing2,5% 600 €16.08.2023
Omanikukonto: Bonaares OÜ1,25% 300 €16.08.2023
Omanikukonto: REDAIC OÜ0,94% 225 €16.08.2023
Beneficial owners 2
Andres Urb21 companies8 with tax debtkaudne osalus10.02.2020
Heiti Riisberg18 companies3 with tax debtkaudne osalus10.02.2020

Business Register open data

Quarterly taxes and revenue

2026 Q2
Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q20 €———
2026 Q10 €0 €0 €—
2025 Q40 €0 €11 054 €—
2025 Q3419 €▲ 116%0 €16 €—
2025 Q211 264 543 €▲ 5806365%0 €2 500 620 €—
2025 Q1194 €▼ 55%0 €486 €—
2024 Q4194 €▼ 77%0 €0 €—
2024 Q3194 €▼ 87%0 €0 €—
2024 Q2194 €▼ 87%0 €0 €—
2024 Q1431 €▼ 85%0 €0 €—
2023 Q4836 €▼ 88%0 €0 €—
2023 Q31 532 €▼ 79%0 €0 €—
Show full history (18 quarters)
2023 Q21 532 €▼ 71%0 €0 €—
2023 Q12 915 €▼ 53%0 €19 664 €—
2022 Q46 718 €0 €2 919 €—
2022 Q37 351 €0 €0 €—
2022 Q25 332 €0 €0 €—
2022 Q16 159 €0 €0 €—

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

3 yr
Build report

202320222021
Sales revenue5 248 €▼ 75%21 090 €▲ 8%19 486 €
Profit-425 k €▲ 62%-1,1 m €▲ 15%-1,3 m €
Profit margin-8106,8%-5348,0%-6795,6%
Retained earnings-2,5 m €▼ 85%-1,3 m €▼ 13112×-101 €
Cash4 €▼ 97%117 €▼ 97%4 235 €
Current assets8,2 m €▲ 306×26 971 €▼ 63%73 604 €
Fixed assets31 487 €▼ 100%7,1 m €▼ 3%7,3 m €
Assets8,3 m €▲ 17%7,1 m €▼ 4%7,4 m €
Current liabilities7,0 m €▲ 862%723 k €▲ 10%656 k €
Long-term liabilities4,2 m €▼ 52%8,8 m €▲ 10%8,0 m €
Total liabilities11,2 m €▲ 17%9,5 m €▲ 10%8,7 m €
Equity-2,9 m €▼ 17%-2,5 m €▼ 85%-1,3 m €
Labour costs0 €0 €0 €
Employees000
Filed03.04.202503.07.202321.10.2022
ReportPDF ↓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

2023
ActivityEMTAKSales revenueOsa
Rental and operating of own or leased real estate main activity682015 248 €100%

2023 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 08.10.2026

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

none

No transactions with state agencies, procurement contracts or grants found

RTK Saldo, Riigihangete register, RTK toetatud projektid

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

51
Osaühing Baltic Sea BunkeringToomas Saarma660,3 m €BBBOpteris OÜToomas Saarma · Bankrupt75,5 m €CP137 OÜAndres Urb23,0 m €COsaühing Euro WorkToomas Saarma · Bankrupt22,8 m €CFrogest OÜToomas Saarma · Bankrupt11,5 m €CAktsiaselts HortesToomas Saarma · Bankrupt7,3 m €CRekman OÜToomas Saarma · Bankrupt4,2 m €CCONTECHPRO OÜToomas Saarma · Bankrupt2,8 m €CMH Frantsiis OÜToomas Saarma · Bankrupt2,7 m €CKehra Puutööstus OÜToomas Saarma · Bankrupt2,3 m €CSalo-Machinery OÜToomas Saarma · Bankrupt2,2 m €CTehnokeskus OÜToomas Saarma · Bankrupt1,5 m €CMereloom Holding OÜAndres Urb1,3 m €CFarmers Food OÜToomas Saarma · Bankrupt1,1 m €COÜ Mithandrir InvestAndres Urb629 k €CUDEF Holding OÜAndres Urb550 k €ACountry Home OÜToomas Saarma · Bankrupt378 k €CEstfertis OÜToomas Saarma · Bankrupt362 k €CPilliroo Kodu OÜAndres Urb279 k €BTK INVEST OÜAndres Urb213 k €CBBW OÜToomas Saarma · Bankrupt171 k €CBabokobo Gozarodille OÜToomas Saarma · Bankrupt114 k €CVektor HUB OÜAndres Urb106 k €BSFC Holding OÜAndres Urb92 087 €BBBOÜ Baltic ForestToomas Saarma · Bankrupt85 175 €CBaltic Nutrition Partners OÜAndres Urb76 750 €AEurora FR Services OÜToomas Saarma · Bankrupt68 667 €CKodumaa Kapitali HLÜToomas Saarma · Bankrupt32 787 €COSAÜHING PIKADORAndres Urb13 343 €CLuther Factory OÜAndres Urb, Toomas Saarma10 000 €CV16 Holding OÜAndres Urb8 100 €BBBÖkovärv OÜToomas Saarma · Bankrupt7 653 €CTARTU HOIU-LAENUÜHISTUToomas Saarma · Bankrupt2 478 €CKorsol Trade OÜToomas Saarma · Bankrupt1 632 €CDanfor OÜAndres Urb1 540 €ASinear OÜToomas Saarma · Bankrupt1 500 €CGFC Good Finance Company ASToomas Saarma · Bankrupt225 €CAktsiaselts SpratfilToomas Saarma · Bankrupt0 €CAktsiaselts MeP TransToomas Saarma · Bankrupt0 €CIdeab Project Eesti AktsiaseltsToomas Saarma · Bankrupt0 €COÜ AgenorToomas Saarma · Bankrupt0 €CTNHL OÜToomas Saarma · Bankrupt0 €CStemwood OÜToomas Saarma · Bankrupt0 €CPro Ehitus OÜToomas Saarma · Bankrupt0 €COÜ Kadakamarja KoduAndres Urb0 €BBP137 Holding OÜAndres Urb0 €BBBKevestom Holding OÜAndres Urb0 €CPLR28 OÜAndres Urb0 €BJärveküla Arendus OÜAndres Urb0 €BBEldamar OÜAndres Urb0 €BBOÜ Pikador InvestAndres Urb0 €BBB

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Rental and operating of own or leased real estate

20

Licences, pledges, domains

No data

History and notices

9
DateTypeContent
02.02.2026Kandemäärus muu kohtulahendi täitmiseksAmendment entry
03.04.2025Hoiatusmäärus sundlõpetamiseks: ebapiisav netovara
31.01.2025Korduv aruandetrahvimäärus
22.08.2024Aruandetrahvimäärus
15.07.2024Trahvihoiatusmäärus: majandusaasta aruanne esitamata
14.01.2021EntryMuutmiskanne ÄS § 525 lg 2 alusel
29.12.2020EntryAmendment entry
17.09.2019EntryFirst entry
11.09.2019Order to remedy deficienciesFirst entry