aktsiaselts TARTU EHITUSRegistered
Key figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 6 928 493 € | 27 | 150 063 € |
| Q2 2026 | 6 804 681 € | 27 | 200 082 € |
| Q1 2026 | 5 455 458 € | 27 | 156 767 € |
| Q4 2025 | 9 096 201 € | 28 | 166 251 € |
| Q3 2025 | 6 748 719 € | 28 | 168 186 € |
| Q2 2025 | 6 326 173 € | 28 | 253 688 € |
| Q1 2025 | 6 161 680 € | 26 | 170 922 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 797 603 € (15% 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 | 4 802 860 | 4 309 727 | 2 705 603 | 7 741 313 | 9 640 693 | 6 958 239 | 7 300 848 |
| Total non-current assets | 616 990 | 644 794 | 1 483 427 | 907 552 | 2 390 203 | 2 723 731 | 2 919 236 |
| Total assets | 5 419 850 | 4 954 521 | 4 189 030 | 8 648 865 | 12 030 896 | 9 681 970 | 10 220 084 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 3 464 891 | 2 286 216 | 1 668 941 | 5 841 220 | 5 393 596 | 3 676 374 | 3 479 633 |
| Non-current liabilities | 465 978 | 513 171 | 417 058 | 405 424 | 506 251 | 627 189 | 594 766 |
| Total liabilities | 3 930 869 | 2 799 387 | 2 085 999 | 6 246 644 | 5 899 847 | 4 303 563 | 4 074 399 |
| Share capital | 32 320 | 32 320 | 32 320 | 32 320 | 32 320 | 32 320 | 32 320 |
| Retained earnings of previous periods | 875 657 | 1 452 794 | 2 011 947 | 1 176 443 | 2 366 034 | 2 296 871 | 4 544 617 |
| Profit for the year | 577 137 | 666 153 | 54 897 | 1 189 591 | 3 728 828 | 3 045 349 | 1 564 881 |
| Reserves and other equity | 3867 | 3867 | 3867 | 3867 | 3867 | 3867 | 3867 |
| Total equity | 1 488 981 | 2 155 134 | 2 103 031 | 2 402 221 | 6 131 049 | 5 378 407 | 6 145 685 |
| Income statement | |||||||
| Sales revenue | 16 044 411 | 15 097 051 | 14 469 623 | 28 058 202 | 29 599 940 | 29 913 301 | 27 797 870 |
| Operating profit | 718 650 | 649 142 | 66 505 | 884 552 | 3 168 357 | 3 187 189 | 1 398 455 |
| EBITDA | 782 407 | 715 172 | 132 867 | 972 800 | 3 273 762 | 3 297 213 | 1 512 240 |
| Profit before income tax | 730 813 | 666 153 | 71 176 | 1 189 591 | 3 728 828 | 3 477 708 | 1 674 881 |
| Profit for the reporting year | 577 137 | 666 153 | 54 897 | 1 189 591 | 3 728 828 | 3 045 349 | 1 564 881 |
| Labour costs | 652 737 | 669 699 | 763 117 | 933 024 | 1 205 016 | 1 574 899 | 1 691 485 |
| Depreciation of non-current assets | 63 757 | 66 030 | 66 362 | 88 248 | 105 405 | 110 024 | 113 785 |
| Other indicators | |||||||
| Employees | 21 | 20 | 21 | 22 | 26 | 27 | 27 |
| Calculated dividend | — | 0 | 107 000 | 890 401 | 0 | 3 797 991 | 797 603 |
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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Public procurement
28 contractsPublic contracts won worth 40 322 209 € from 24 contracting authorities (07.11.2023–10.06.2026). Plus 1 framework agreements shared with other suppliers (not included in the total).
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 TARTU EHITUS
Overview
Aktsiaselts TARTU EHITUS (registry code 10243382) is a public limited company (AS). The company was entered in the Commercial Register in 1997 and has been registered for 29 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE100010945).
Financial results
Revenue in financial year 2025 was 27 797 870 €, down 7,1% on the previous year (29 913 301 €). From 2019 to 2025, revenue grew by an average of 9,6% per year. Net profit for financial year 2025 was 1 564 881 € (5,6% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 27 employees. Revenue per employee was 1 029 551 €. At the end of financial year 2025, total assets were 10 220 084 € and equity 6 145 685 € (60,1% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 6 928 493 €, up 2,7% on the same quarter a year earlier. The company had 27 employees in that quarter. Labour taxes paid in the quarter: 150 063 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3370 € per month.
Management and owners
The management board has 2 members. The supervisory board has 3 members.
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.