Aktsiaselts KITZINGER-PROGRESS
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Aktsiaselts KITZINGER-PROGRESS
What kind of company is it?
Aktsiaselts KITZINGER-PROGRESS (registry code 10084848) 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: Põltsamaa linn, Põltsamaa vald, Jõgeva maakond. According to the latest annual report, the main activity is manufacture of other special-purpose machinery n.e.c. (EMTAK 28991). The company is registered for VAT (VAT number EE100390801).
How is the company doing financially?
Revenue in financial year 2025 was 2 477 532 €, down 10,9% on the previous year (2 781 131 €). From 2019 to 2025, revenue declined by an average of 2,0% per year. Net profit for financial year 2025 was 171 789 € (6,9% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 35 employees. Revenue per employee was 70 787 €. At the end of financial year 2025, total assets were 4 981 687 € and equity 4 784 295 € (96,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 628 956 €, down 15,2% on the same quarter a year earlier. The company had 33 employees in that quarter. Labour taxes paid in the quarter: 107 731 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2070 € per month.
Who runs the company and who owns it?
The company has one management board member. The supervisory board has 3 members. The sole owner of the company is a private individual.
Where does the data come from and how fresh is it?
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 17.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (894500FBD6HH7YMS1E80) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 628 956 € | 33 | 107 731 € |
| Q2 2026 | 772 012 € | 32 | 100 270 € |
| Q1 2026 | 724 945 € | 34 | 98 803 € |
| Q4 2025 | 936 155 € | 35 | 94 990 € |
| Q3 2025 | 741 580 € | 34 | 114 462 € |
| Q2 2025 | 710 330 € | 35 | 94 014 € |
| Q1 2025 | 761 942 € | 35 | 100 752 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 2 617 789 | 2 814 999 | 2 414 273 | 2 781 131 | 2 477 532 |
| Net profit | 172 612 | 93 263 | −98 163 | 498 313 | 171 789 |
| Retained earnings | 3 809 275 | 3 981 887 | 4 075 124 | 3 976 960 | 4 475 450 |
| Total assets | 4 263 199 | 4 512 679 | 4 365 670 | 4 835 509 | 4 981 687 |
| Total liabilities | 144 256 | 300 473 | 251 653 | 223 180 | 197 392 |
| Total equity | 4 118 943 | 4 212 206 | 4 114 017 | 4 612 329 | 4 784 295 |
| Employees | 38 | 36 | 36 | 35 | 35 |
| Average gross salary (monthly) | 1407 | 1554 | 1370 | 1693 | 1704 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 |
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.
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State aid and grants
11 recordsState aid and de minimis aid in total 58 746 € (2019–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (53 165 €), Eesti Töötukassa (3364 €), Riigi Tugiteenuste Keskus (1849 €), MTÜ Maakondlikud Arenduskeskused (369 €).
Show all aid records (11)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Nõustamine VTA | 665 € | 20.05.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 53 165 € | 22.04.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 2699 € | 27.01.2025 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 104 € | 29.05.2024 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 159 € | 22.05.2024 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 106 € | 02.05.2024 |
| Riigi Tugiteenuste Keskus | Nõustamine VTA | 545 € | 31.12.2022 |
| Riigi Tugiteenuste Keskus | Muu | 414 € | 31.10.2022 |
| Riigi Tugiteenuste Keskus | Muu | 239 € | 20.12.2021 |
| Riigi Tugiteenuste Keskus | Muu | 408 € | 27.01.2021 |
| Riigi Tugiteenuste Keskus | Muu | 243 € | 10.01.2019 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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