aktsiaselts KurmikRegistered
Key figures
Ratios
2024Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 859 831 € | 47 | 190 744 € |
| Q2 2026 | 1 287 701 € | 49 | 176 720 € |
| Q1 2026 | 1 308 723 € | 45 | 176 858 € |
| Q4 2025 | 1 594 945 € | 43 | 188 620 € |
| Q3 2025 | 1 435 020 € | 44 | 209 646 € |
| Q2 2025 | 556 882 € | 52 | 145 842 € |
| Q1 2025 | 441 772 € | 48 | 139 978 € |
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.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2024
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 1 053 051 | 1 432 821 | 1 041 104 | 1 401 163 | 1 795 818 | 1 801 532 |
| Total non-current assets | 436 029 | 520 478 | 747 107 | 1 070 557 | 1 181 128 | 1 104 539 |
| Total assets | 1 489 080 | 1 953 299 | 1 788 211 | 2 471 720 | 2 976 946 | 2 906 071 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 268 457 | 334 949 | 152 647 | 350 006 | 291 114 | 247 974 |
| Non-current liabilities | 5445 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 273 902 | 334 949 | 152 647 | 350 006 | 291 114 | 247 974 |
| Share capital | 35 215 | 35 215 | 35 215 | 35 215 | 35 215 | 35 215 |
| Retained earnings of previous periods | 966 412 | 1 176 441 | 1 386 634 | 1 651 827 | 1 914 894 | 2 646 696 |
| Profit for the year | 210 029 | 403 172 | 210 193 | 431 150 | 732 201 | −27 336 |
| Reserves and other equity | 3522 | 3522 | 3522 | 3522 | 3522 | 3522 |
| Total equity | 1 215 178 | 1 618 350 | 1 635 564 | 2 121 714 | 2 685 832 | 2 658 097 |
| Income statement | ||||||
| Sales revenue | 3 716 786 | 3 785 334 | 3 839 150 | 4 949 274 | 5 555 226 | 3 810 526 |
| Operating profit | 210 879 | 403 575 | 210 193 | 431 150 | 732 201 | −2833 |
| EBITDA | 219 012 | 416 142 | 224 440 | 458 240 | 762 300 | 57 102 |
| Profit before income tax | 210 029 | 403 172 | 210 193 | 431 150 | 732 201 | −2336 |
| Profit for the reporting year | 210 029 | 403 172 | 210 193 | 431 150 | 732 201 | −27 336 |
| Labour costs | 1 130 494 | 1 140 467 | 1 166 207 | 1 411 535 | 1 519 852 | 1 552 755 |
| Depreciation of non-current assets | 8133 | 12 567 | 14 247 | 27 090 | 30 099 | 59 935 |
| Other indicators | ||||||
| Employees | 42 | 44 | 45 | 45 | 45 | 45 |
| Calculated dividend | — | 0 | 192 979 | 0 | 168 083 | 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 obligations1 issue5 clear
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
Public procurement
7 contractsPublic contracts won worth 1 442 438 € from 5 contracting authorities (25.09.2023–08.06.2026).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Reku sadamaala I etapi ehitus · joint bid | Sihtasutus Elva Kultuur ja Sport | 828 071 € | 08.06.2026 |
| Rõuge depoo IV ehitusetapp | Rõuge Priitahtlikud Pritsimehed | 109 000 € | 11.03.2026 |
| Nöörimaa Tugikodu hoone rekonstrueerimise projekteerimis- ja ehitustööd | Võru Linnavalitsus | 811 605 € | 23.05.2025 |
| Elva spordi- ja puhkepargi I etapi ehitamine | Sihtasutus Elva Kultuur ja Sport | 325 385 € | 07.05.2025 |
| Väimela Tervisekeskuse ligipääsetavuse ehitustööd | Võru Vallavalitsus | 96 038 € | 06.02.2025 |
| Järvere paadislipi rajamine | Võru Vallavalitsus | 11 130 € | 22.11.2024 |
| Võru Mööblivabriku pärandil põhineva ettevõtlusliku avastuskeskuse ehitus | mittetulundusühing Kagu-Eesti Innovatsioonikeskus | 89 280 € | 25.09.2023 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: aktsiaselts Kurmik
Overview
Aktsiaselts Kurmik (registry code 10244542) 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: Võru linn, Võru 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 EE100416536).
Financial results
Revenue in financial year 2025 was 4 405 274 €, up 15,6% on the previous year (3 810 526 €). From 2019 to 2025, revenue grew by an average of 2,9% per year. Financial year 2024 ended with a loss of 27 336 €. The company was profitable in 5 of the 6 published financial years. In financial year 2025 the company had 46 employees (45 a year earlier). Revenue per employee was 95 767 €. At the end of financial year 2024, total assets were 2 906 071 € and equity 2 658 097 € (91,5% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 859 831 €, down 40,1% on the same quarter a year earlier. The company had 47 employees in that quarter. Labour taxes paid in the quarter: 190 744 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2520 € per month.
Management and owners
The company has one management board member. The supervisory board has 3 members. The sole owner of the company is a private individual.
Points to note
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 16.09.2025. 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.