OÜ Korund
RegisteredKey figures
Ratios
2025Summary: OÜ Korund
What kind of company is it?
OÜ Korund (registry code 10159285) is a private limited company (OÜ). The company was entered in the Commercial Register in 1996 and has been registered for 29 years. Registered location: Maardu linn, Harju maakond. According to the latest annual report, the main activity is coating of metals (EMTAK 25511). The company is registered for VAT (VAT number EE100182611).
How is the company doing financially?
Revenue in financial year 2025 was 146 955 €, down 37,5% on the previous year (235 291 €). From 2019 to 2025, revenue declined by an average of 24,1% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 1299 € (0,9% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 2 employees (7 a year earlier). Revenue per employee was 73 478 €. At the end of financial year 2025, total assets were 100 085 € and equity 2600 € (2,6% of assets). Based on labour costs in the report, the estimated average gross salary was about 460 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 14 238 €, down 68,3% on the same quarter a year earlier. Labour taxes paid in the quarter: 212 €.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 3 owners. The largest stake (40%) is held by 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 07.05.2026. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 14 238 € | — | 212 € |
| Q2 2026 | 25 395 € | — | 992 € |
| Q1 2026 | 8935 € | 1 | 1037 € |
| Q4 2025 | 30 526 € | 1 | 1645 € |
| Q3 2025 | 44 977 € | 1 | 1652 € |
| Q2 2025 | 43 296 € | 1 | 1436 € |
| Q1 2025 | 33 296 € | 1 | 2376 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 648 927 | 747 413 | 724 304 | 235 291 | 146 955 |
| Net profit | 25 249 | −83 668 | 351 | −34 422 | 1299 |
| Retained earnings | 91 192 | 116 441 | 32 773 | 33 123 | −1299 |
| Total assets | 216 194 | 173 270 | 176 875 | 118 633 | 100 085 |
| Total liabilities | 97 153 | 137 897 | 141 151 | 117 332 | 97 485 |
| Total equity | 119 041 | 35 373 | 35 724 | 1301 | 2600 |
| Employees | 11 | 10 | 10 | 7 | 2 |
| Average gross salary (monthly) | 1066 | 1134 | 1080 | 745 | 462 |
| Calculated dividend | 3226 | 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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