Aktsiaselts Kiviõli Soojus

Registered
10245027Public limited company (AS)Founded 1997

Key figures

1 944 311 €−4,2%
Revenue 2025
+4,8%
Average annual growth 2019–2025
01 m2 m3 m2019202020212022202320242025

Ratios

2025

Summary: Aktsiaselts Kiviõli Soojus

What kind of company is it?

Aktsiaselts Kiviõli Soojus (registry code 10245027) 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: Kiviõli linn, Lüganuse vald, Ida-Viru maakond. According to the latest annual report, the main activity is steam and air conditioning supply (EMTAK 35301). The company is registered for VAT (VAT number EE100157426).

How is the company doing financially?

Revenue in financial year 2025 was 1 944 311 €, down 4,2% on the previous year (2 030 052 €). From 2019 to 2025, revenue grew by an average of 4,8% per year. Financial year 2025 ended with a loss of 3104 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 15 employees (17 a year earlier). Revenue per employee was 129 621 €. At the end of financial year 2025, total assets were 2 618 348 € and equity 2 125 629 € (81,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 97 338 €, up 2,6% on the same quarter a year earlier. The company had 15 employees in that quarter. Labour taxes paid in the quarter: 31 726 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1410 € 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 LÜGANUSE VALLAVALITSUS.

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 21.05.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202697 338 €1531 726 €
Q2 2026490 768 €1529 940 €
Q1 20261 027 396 €1530 257 €
Q4 2025462 780 €1524 779 €
Q3 202594 862 €1433 048 €
Q2 2025535 181 €1428 979 €
Q1 2025857 522 €1427 532 €

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
20212022202320242025
Sales revenue1 549 8161 520 1772 099 1162 030 0521 944 311
Net profit233 12816 62312536 275−3104
Retained earnings914 5831 147 7111 164 3341 164 4591 200 733
Total assets2 347 5692 377 4112 473 9082 698 6452 618 348
Total liabilities271 858285 077381 449569 911492 719
Total equity2 075 7112 092 3342 092 4592 128 7342 125 629
Employees1615171715
Average gross salary (monthly)8729809509731206
Calculated dividend00000

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 clear1 for information
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)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Commercial pledges
3 pledges · 205 000 €
A pledge over the company's movable assets, usually securing a loan.
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Aktsiaselts Kiviõli S…1LÜGANUSE VALLAVALITSUS1Vladimir Tšikul2Maksim Danilov2Vladimir TšurkinVladislav Lazarevitš
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

Public procurement

The company is itself a contracting authority: 1 tenders. View tenders →

State aid and grants

3 records

State aid and de minimis aid in total 268 301 € (2016–2025). Largest grantors: SA Keskkonnainvesteeringute Keskus (268 164 €), Sihtasutus Ida-Viru Ettevõtluskeskus (137 €).

Show all aid records (3)
2025137 €
201888 400 €
2016179 764 €
GrantorPurposeAmountDate
Sihtasutus Ida-Viru EttevõtluskeskusMuu137 €05.12.2025
SA Keskkonnainvesteeringute KeskusEnergiatõhusale kaugküttele ja -jahutusele antav investeeringuteks ettenähtud abi (artikkel 46)88 400 €06.06.2018
SA Keskkonnainvesteeringute KeskusEnergiatõhusale kaugküttele ja -jahutusele antav investeeringuteks ettenähtud abi (artikkel 46)179 764 €11.08.2016

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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