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Search›Companies›OÜ City Capital
10616191ActivePrivate limited companyEE100662380 · VAT-registered

OÜ City Capital

Harju maakond, Tallinn, Mustamäe linnaosa, Karjavälja tn 10·EMTAK 68201 — Rental and operating of own or leased real estate·26+ years
Andmed · ···
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Overview

e-Business Register · 5 h ago
Registry code
e-Business Register
Legal form
Private limited company
Registered
09.12.1999e-Business Register
Address
Karjavälja tn 10, Mustamäe linnaosa, Tallinn, 12918 Harju maakondADS · e-Business Register
E-mail address
info@citycapital.eee-Business Register
Website
www.citycapital.eee-Business Register · domain active
Telephones
+372 6161363· Telia Eesti AS+372 5037471· Telia Eesti ASe-Business Register · TTJA NBA
Principal activity
EMTAK 68201 - Rental and operating of own or leased real estatee-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
2656,00 €e-Business Register
LEI
25490046D4EI3LXEJX34 · issued 13.12.2017GLEIF
Estonia's public business register
HomeViewsIndustriesBlogSourcesAbout

Public registry of Estonian companies — every fact traceable to a source and a date. Free and ad-free for everyone.

Nimistu MTÜ
Address: Parda tn 8, 10151 Tallinn, Estonia
E-mail: info@nimistu.ee

Browse

  • Home
  • Views
  • Industries
  • Activity licences
  • Recent registrations

Data

  • 79 sources
  • Database
  • Extensions
  • MCP

Organisation

  • About
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  • For journalists
  • Donate
  • Donation terms
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  • Terms
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  • Contact
© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 10 sourcese-Business Register · 5 min agoMTABuiltWithWeb tech scanEesti InternetGLEIF
e-Business Register ↗

Registered 9. detsember 1999, primary activity: Rental and operating of own or leased real estate. Main place of business in Mustamäe linnaosa, Tallinn, Harju maakond.

Revenue 2026 II kv
17 424 €
▼ 61% vs 2025 II kv
As of 10.07.2026 (MTA)
Employees
4
2026 (MTA)
Taxes paid
33 381 €
State + labour taxes · 2026 II kv
Tax debt
0 €
As of 10.08.2026 (MTA)
Revenue 2026 (I-II kv)
35k €
▼ 68% vs 2025 I-II kv
As of 10.07.2026 (MTA)
Employees
4
2026 (MTA)
Taxes paid
56k €
State + labour taxes · 2026 (I-II kv)
Tax debt
€0
As of 10.08.2026 (MTA)

Officers (3)

e-Business Register · 5 h ago
KE
Kalle Elster
Born 1953 · 72 y · board member since 09.12.1999
Board member
HE
Heiti Elster
Born 1976 · 50 y · board member since 07.11.2017
Board member
IE
Ivo Elster
Born 1981 · 44 y · board member since 11.07.2019
Board member

Founders

e-Business Register · 5 h ago
KE
Kalle Elster
Born 1953 · 72 y · founder since 09.12.1999
Founder

Shareholders (3)

e-Business Register · 5 h ago
KE
Kalle Elster
Born 1953 · 72 y · shareholder since 01.09.2023
Shareholder 34% · 904 €
SO
Skyrim OÜLEGAL PERSON
Legal person · 12921403 · shareholder since 01.09.2023
Shareholder 33% · 876 €
BO
Bunker OÜLEGAL PERSON
Legal person · 12839647 · shareholder since 01.09.2023
Shareholder 33% · 876 €

Subsidiaries

e-Business Register · shareholders · 5 h ago

OÜ City Capital is a shareholder or officer in 10 more companies. Grouped into 4 EMTAK sectors.

L · Real estate activities
4
F · Construction
3
A · Agriculture, forestry and fishing
2
H · Transportation and storage
1
›LReal estate activities4 companies
SubsidiaryRole

Annual reports (7)

e-Business Register · annual reports · 5 päeva tagasi
Revenue 2025
145k €
↘ -35.2% vs 2024
State taxes 2025
296k €
↗ +109% vs 2024
Employees 2025
4
0.0% vs 2024
YearRevenueProfit

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.07.2026 as of
500k €250k €0

Tech stack

Website analysis · 2 päeva tagasi
Domains (2)
www.citycapital.ee
SRCÄriregister
citycapital.ee
SPF
NSZone.ee
REGZone Media OÜ
SRCEIS WHOIS
Detected technologies

History

last 2 years · MTA + ÄR + MTR + Procurements
2026
15.06.2026ReportEsitati 2025. aasta aruanne— Käive 144 940 €
2025
15.06.2025ReportEsitati 2024. aasta aruanne— Käive 223 529 €

Connected companies

Same-person ties · e-Business Register

OÜ City Capital is connected to 21 other companies through 3 people who hold a role here and elsewhere. The strongest tie runs through Heiti Elster (11 companies).

Total connections
21
via 3 people
Connecting people
3
Active here
Distinct roles
3
Board member · Founder
Strongest tie
Heiti
11 companies
Via personHeiti Elster
OÜ P6914353392
Founder
OÜ Tatari1614847869Shareholder 50%
OÜ Trend Capital14751661Founder · Shareholder 50%
Tabasalu Kinnisvara OÜ16560592Founder · Shareholder 50%
›FConstruction3 companies
SubsidiaryRole
OÜ Trummi 25a14365283Founder
OÜ Vanamõisa Kodu16135305Founder · Shareholder 20%
Vahepere Kodu OÜ14789698Founder · Shareholder 100%
›AAgriculture, forestry and fishing2 companies
SubsidiaryRole
GoForest OÜ12711969Shareholder 100%
OÜ SLG Energy11023487Shareholder 27%
›HTransportation and storage1 company
SubsidiaryRole
Aktsiaselts ELSTERA10367747Shareholder 100%
Equity
Assets
Employees
2025144 940 €743 786 €2,5m €2,6m €415.06.2026
2024AUD223 529 €224 030 €2,8m €3,1m €415.06.2025
2023AUD130 070 €290 602 €3,2m €3,5m €415.06.2024
2022AUD92 775 €206 283 €3,1m €3,6m €315.06.2023
2021AUD80 372 €255 235 €3,2m €3,4m €315.06.2022
2020AUD123 417 €338 368 €3,2m €3,3m €321.06.2021
2019AUD109 036 €546 389 €3,0m €3,2m €319.06.2020
Original files in PDF – the full register on e-Business Register.View reports on e-Business Register
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I-II Q34 848 €36 994 €19 090 €4
2025160 382 €296 117 €38 900 €4
2024417 838 €141 749 €44 983 €4
2023125 228 €34 140 €21 196 €4
2022241 226 €52 265 €15 934 €3
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 202617k €17k €––
State taxes 202613k €24k €––
Taxes on workforce 202610k €9k €––
Employees 202644––
Revenue 202564k €45k €34k €17k €
State taxes 202528k €138k €15k €115k €
Taxes on workforce 202510k €10k €10k €10k €
Employees 20254444
Revenue 202440k €242k €73k €63k €
State taxes 202413k €66k €40k €23k €
Taxes on workforce 20248k €17k €10k €10k €
Employees 20244444
Revenue 202327k €25k €34k €39k €
State taxes 20236k €6k €8k €14k €
Taxes on workforce 20234k €6k €4k €8k €
Employees 20233344
Revenue 202221k €25k €22k €174k €
State taxes 20225k €5k €5k €36k €
Taxes on workforce 20223k €3k €5k €5k €
Employees 20223333
Content management (CMS)
WordPress
E-commerceWooCommerce
JavaScript libraryjQuery
AnalyticsGoogle Analytics
Web serverApache
Mobile carrier
+372 5037471Telia Eesti AS+372 6161363Telia Eesti AS
11
Ivo Elster7
Kalle Elster3
HE
Heiti Elster
board member
11 other companies›
CompanyRoleReg. code
Aktsiaselts ELSTERA
Supervisory board member
10367747
Bunker OÜ
Board memberShareholder 100%
12839647
GoForest OÜ
Board member
12711969
MTÜ EGSS
Board member
80578440
OÜ SLG Energy
Supervisory board member
11023487
OÜ Tatari16
Board member
14847869
OÜ Trend Capital
Board member
14751661
OÜ Vanamõisa Kodu
Board member
16135305
Pärnu linn, Papli tn 6a korteriühistu
Board member
80607041
Tabasalu Kinnisvara OÜ
Board member
16560592
Vahepere Kodu OÜ
Board member
14789698
IE
Ivo Elster
board member
7 other companies›
CompanyRoleReg. code
Aktsiaselts ELSTERA
Board member
10367747
GoForest OÜ
Board member
12711969
MTÜ Team Pertinax
KE
Kalle Elster
board member, founder, shareholder 34%
3 other companies›
CompanyRoleReg. code
Aktsiaselts ELSTERA
Board member
10367747
GoForest OÜ
Board member
12711969
Vahepere Kodu OÜ
Board member
80634291
OÜ SLG Energy
Supervisory board member
11023487
OÜ Tatari16
Board member
14847869
Skyrim OÜ
Board memberFounderShareholder 100%
12921403
Vahepere Kodu OÜ
Board member
14789698
Board member
14789698

Analysis · 2025

computed from annual reports
Revenue145k €median 19k €7.5× the sector median
Net margin513.2%median 27.2%+486.0 pp vs sector median
Revenue per employee36k €median 45k €81% of the sector median
Revenue change-35.2%median 0.4%-35.5 pp vs sector median
Equity ratio96.2%
Current ratio5.37
Labour cost of revenue64.0%
Profit per employee185 947 €
Compared with2024revenue 224k €

Peer group: Enda või renditud kinnisvara üürileandmine ja käitus, 11,860 trading companies that filed a report in the last three years.

Founded 1999. That year 1,959 osaühing were registered; 1,863 are still trading, or 95.1%.