Already 1,208 people have seen this company's branding and they are being followed by 16 Storybook user.In average the company has been rated 4.8 points but has not been commented.

's activity report 2022

OÜ Marsi Elu (hereinafter "Company") was established in 2014. The main activity of the company is real estate development in the Tondi area in Tallinn, also known as Kristiine City. The company has built ten apartment buildings at Marsi 3, Marsi 3a, Marsi 3b, Sammu 6,

Sammu 6a, Sammu 6b, Sõjakooli 12, Sõjakooli 12a, Sõjakooli 12b and Sõjakooli 12c. Sõjakooli 12c,

Sammu 6, Sammu 6a and Sammu 6b apartment buildings were completed in 2019. The main contractor was AS

Nordecon. By the end of 2022, all apartment ownerships in Kristina Houses have been sold. In 2021, a development project named Ratsuri Houses was completed at Talli tn 5, Tallinn. The main contractor was OÜ Vanalinna

Construction. In the first half of 2021, all apartment ownership contracts for Ratsuri Houses were signed.

In 2022, the main focus was on the Kindrali Houses development project and the last apartment ownerships in Kristina Houses were sold. In 2022, 6 storage ownership contracts were signed in Kristina Houses (in 2021, 13 storage spaces and 1 parking space were sold).

On 03.09.2020, OÜ Marsi Elu acquired from AS Tondi Kvartal a property at Rivi tn 6 // Sammu tn 5 //

Sõjakooli tn 14/16 // Talli tn 2/4, Tallinn. 3 apartment buildings with 195 apartments, 170 storage spaces and 207 parking spaces have been built on the property. The development project is named Kindrali Houses. The main construction contract with AS

Oma Ehitaja was signed in February 2021, the construction of the first two apartment buildings started in March and the construction of the third apartment building started in July. In July 2022, the signing of property contracts began in the first apartment building at Sammu tn 5/Talli tn 4, and in August, the signing of property contracts began in the second apartment building at

Sõjakooli tn 14/16. As of 31.12.2022, property contracts have been signed for 129 apartments, 97 storage spaces and 131 parking spaces, in addition to contractual obligations for 66 apartments (31.12.2021: 189 apartments), 53 storage spaces (31.12.2021: 136 storage spaces) and 62 parking spaces (31.12.2021: 182 parking spaces). The signing of property contracts for the third apartment building at Rivi tn 6 / Talli tn 2 began in January 2023.

Key financial ratios of the company's financial year: 31.12.2022 31.12.2021

Return on equity* 37.04% 6.57%

Return on assets** 29.57% 2.66%

Short-term liabilities coverage ratio*** 3.98 1.41

Liquidity ratio **** 0.69 0.04 *return on equity (%) = net profit for the financial year/ average equity **return on assets (%) = net profit for the financial year/ average total assets ***short-term liabilities coverage ratio = current assets at the end of the period/ short-term liabilities at the end of the period ****liquidity ratio = (current assets - inventories) at the end of the period/ short-term liabilities at the end of the period