aktsiaselts Lihula MaaparandusRegistered

10057610Public limited company (AS)Founded 1996
Going concern uncertainty. In the 2025 report the auditor pointed to material uncertainty about the company's ability to continue as a going concern.
Qualified audit opinion. 2025 report: Qualified.

Key figures

614 838 €−35,0%
Revenue 2025
−11,8%
Average annual change 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026209 439 €2138 507 €
Q2 2026174 947 €2226 045 €
Q1 202667 540 €1914 431 €
Q4 2025181 420 €2242 031 €
Q3 2025192 108 €2330 783 €
Q2 2025158 476 €2516 516 €
Q1 2025155 234 €2130 608 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets248 456247 787271 721190 320206 681197 430133 071
Total non-current assets272 427255 043222 888199 759203 886185 452163 982
Total assets520 883502 830494 609390 079410 567382 882297 053
Balance sheet — liabilities and equity
Current liabilities458 735456 506458 162331 041293 453226 569229 724
Non-current liabilities28 09710 7070075 54057 09836 299
Total liabilities486 832467 213458 162331 041368 993283 667266 023
Share capital27 00027 00027 00027 00027 00027 00027 000
Retained earnings of previous periods207 20738555421625128 84211 37869 001
Profit for the year−203 352156683022 591−17 46457 641−68 167
Reserves and other equity3196319631963196319631963196
Total equity34 05135 61736 44759 03841 57499 21531 030
Income statement
Sales revenue1 308 4961 145 3401 251 9901 180 901984 543945 239614 838
Operating profit−196 37812 89316 79034 929−595266 327−62 139
EBITDA−150 04255 82548 94562 00812 36584 761−51 091
Profit before income tax−203 352156683022 591−17 46457 641−68 167
Profit for the reporting year−203 352156683022 591−17 46457 641−68 167
Labour costs601 430483 576512 122398 314411 454354 957321 149
Depreciation of non-current assets46 33642 93232 15527 07918 31718 43411 048
Other indicators
Employees36313027242321
Calculated dividend—000000

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 obligations2 notes4 clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Annual report filing
3/3 filed
Filed late: 2024, 2025
Business Register · 2023–2025
Auditor's opinion
Going concern uncertainty
Material uncertainty related to going concern. Opinion: Qualified
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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68,33%20,83%aktsiaselts Lihula Ma…Mart PaaboPeeter PaaboÜlo Kukk2Martin Paabo1Tiina LippUrmas Loos1Mart PaaboAivar Rammu
CompanyPersonShareholderOther roleAdditional link

Public procurement

1 contracts

Public contracts won worth 154 664 € from 1 contracting authorities (25.09.2026–25.09.2026).

TenderContracting authorityAmountAwarded
Virtsu kalasadama rekonstrueerimine V etapp IILääneranna Vallavalitsus154 664 €25.09.2026

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: aktsiaselts Lihula Maaparandus

Overview

Aktsiaselts Lihula Maaparandus (registry code 10057610) is a public limited company (AS). The company was entered in the Commercial Register in 1996 and has been registered for 30 years. Registered location: Lihula linn, Lääneranna vald, Pärnu maakond. According to the latest annual report, the main activity is construction of other civil engineering projects n.e.c. (EMTAK 42991). The company is registered for VAT (VAT number EE100400652).

Financial results

Revenue in financial year 2025 was 614 838 €, down 35,0% on the previous year (945 239 €). From 2019 to 2025, revenue declined by an average of 11,8% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 68 167 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 21 employees (23 a year earlier). Revenue per employee was 29 278 €. At the end of financial year 2025, total assets were 297 053 € and equity 31 030 € (10,4% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 209 439 €, up 9,0% on the same quarter a year earlier. The company had 21 employees in that quarter. Labour taxes paid in the quarter: 38 507 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1250 € per month.

Management and owners

The management board has 3 members. The supervisory board has 3 members.

Points to note

In the report for financial year 2025, the auditor pointed to a material uncertainty about the company's ability to continue as a going concern.

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 24.09.2026. 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.

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