Osaühing KiretecRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 80 813 € | 2 | 4527 € |
| Q2 2026 | 100 675 € | 2 | 3836 € |
| Q1 2026 | 81 894 € | 2 | 3307 € |
| Q4 2025 | 47 781 € | 2 | 3099 € |
| Q3 2025 | 93 296 € | 2 | 4433 € |
| Q2 2025 | 157 258 € | 2 | 4084 € |
| Q1 2025 | 68 404 € | 2 | 5821 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 43 000 € (7% of distributable profit).
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 641 315 | 768 588 | 625 703 | 798 495 | 663 529 | 632 369 | 581 165 |
| Total non-current assets | 36 476 | 36 476 | 36 476 | 36 476 | 36 476 | 36 476 | 36 476 |
| Total assets | 677 791 | 805 064 | 662 179 | 834 971 | 700 005 | 668 845 | 617 641 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 41 802 | 80 750 | 31 283 | 103 764 | 18 052 | 44 383 | 54 755 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 41 802 | 80 750 | 31 283 | 103 764 | 18 052 | 44 383 | 54 755 |
| Share capital | 12 782 | 12 782 | 12 782 | 12 782 | 12 782 | 12 782 | 12 782 |
| Retained earnings of previous periods | 525 124 | 581 929 | 613 255 | 538 336 | 553 984 | 596 743 | 567 402 |
| Profit for the year | 96 805 | 128 325 | 3581 | 178 811 | 113 909 | 13 659 | −18 576 |
| Reserves and other equity | 1278 | 1278 | 1278 | 1278 | 1278 | 1278 | 1278 |
| Total equity | 635 989 | 724 314 | 630 896 | 731 207 | 681 953 | 624 462 | 562 886 |
| Income statement | |||||||
| Sales revenue | 753 716 | 708 676 | 853 117 | 1 072 158 | 857 194 | 509 661 | 339 297 |
| Operating profit | 105 116 | 137 758 | 23 871 | 193 413 | 146 849 | 25 232 | −6450 |
| EBITDA | 105 682 | 137 758 | 23 871 | 193 413 | 146 849 | — | — |
| Profit before income tax | 105 212 | 137 779 | 23 906 | 193 436 | 146 859 | 25 242 | −6448 |
| Profit for the reporting year | 96 805 | 128 325 | 3581 | 178 811 | 113 909 | 13 659 | −18 576 |
| Labour costs | 31 756 | 32 691 | 29 185 | 51 034 | 53 266 | 48 261 | 42 146 |
| Depreciation of non-current assets | 566 | 0 | 0 | 0 | 0 | — | — |
| Other indicators | |||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 40 000 | 96 999 | 78 500 | 163 163 | 71 150 | 43 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Risks and obligationsAll clear
Data from public registers, not a credit rating.
Connections graph
Public procurement
1 contractsPublic contracts won worth 27 000 € from 1 contracting authorities (14.03.2025–14.03.2025).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Katsetehnika: ribilibistite, pöördadra ja kultivaatori ost · Ribilibistid | Maaelu Teadmuskeskus | 27 000 € | 14.03.2025 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Osaühing Kiretec
Overview
Osaühing Kiretec (registry code 10003896) is a private limited company (OÜ). The company was entered in the Commercial Register in 1995 and has been registered for 30 years. Registered location: Adavere alevik, Põltsamaa vald, Jõgeva maakond. According to the latest annual report, the main activity is wholesale of agricultural machinery, equipment and accessories (EMTAK 46611). The company is registered for VAT (VAT number EE100255409).
Financial results
Revenue in financial year 2025 was 339 297 €, down 33,4% on the previous year (509 661 €). From 2019 to 2025, revenue declined by an average of 12,5% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 18 576 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 169 649 €. At the end of financial year 2025, total assets were 617 641 € and equity 562 886 € (91,1% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 80 813 €, down 13,4% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 4527 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1500 € per month.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
Data sources and freshness
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 30.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.