Aktsiaselts KOVEKRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 697 397 € | 20 | 81 412 € |
| Q2 2026 | 789 279 € | 20 | 83 703 € |
| Q1 2026 | 803 413 € | 19 | 84 097 € |
| Q4 2025 | 779 936 € | 19 | 85 210 € |
| Q3 2025 | 692 442 € | 19 | 83 756 € |
| Q2 2025 | 700 706 € | 19 | 79 390 € |
| Q1 2025 | 756 215 € | 19 | 80 579 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 740 931 | 2 276 360 | 1 157 074 | 1 168 530 | 1 275 995 | 1 044 507 | 796 036 |
| Total non-current assets | 21 770 191 | 23 018 363 | 24 381 680 | 25 630 709 | 25 399 025 | 25 788 079 | 25 418 791 |
| Total assets | 22 511 122 | 25 294 723 | 25 538 754 | 26 799 239 | 26 675 020 | 26 832 586 | 26 214 827 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 246 530 | 1 338 325 | 648 455 | 1 185 650 | 361 307 | 589 883 | 284 872 |
| Non-current liabilities | 248 697 | 193 849 | 138 254 | 82 062 | 54 000 | 40 500 | 27 000 |
| Total liabilities | 495 227 | 1 532 174 | 786 709 | 1 267 712 | 415 307 | 630 383 | 311 872 |
| Share capital | 1 911 629 | 1 911 629 | 2 001 229 | 2 001 229 | 2 145 338 | 2 145 338 | 2 145 338 |
| Retained earnings of previous periods | 17 307 389 | 17 035 702 | 17 942 355 | 18 931 852 | 19 191 334 | 19 059 309 | 19 001 800 |
| Profit for the year | −271 687 | 906 654 | 989 497 | 259 482 | −102 834 | −57 509 | −299 248 |
| Reserves and other equity | 3 068 564 | 3 908 564 | 3 818 964 | 4 338 964 | 5 025 875 | 5 055 065 | 5 055 065 |
| Total equity | 22 015 895 | 23 762 549 | 24 752 045 | 25 531 527 | 26 259 713 | 26 202 203 | 25 902 955 |
| Income statement | |||||||
| Sales revenue | 1 672 006 | 2 369 547 | 1 919 592 | 2 110 857 | 2 113 849 | 2 526 951 | 2 888 763 |
| Operating profit | −266 602 | 910 639 | 992 276 | 262 275 | −97 707 | −54 359 | −297 561 |
| Profit before income tax | −271 687 | 906 654 | 989 497 | 259 482 | −102 834 | −57 509 | −299 248 |
| Profit for the reporting year | −271 687 | 906 654 | 989 497 | 259 482 | −102 834 | −57 509 | −299 248 |
| Labour costs | 460 740 | 504 361 | 484 713 | 560 656 | 572 984 | 662 099 | 785 380 |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 17 | 18 | 17 | 17 | 17 | 18 | 19 |
| Calculated dividend | — | 0 | 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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Public procurement
The company is itself a contracting authority: 14 tenders. View tenders →
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Aktsiaselts KOVEK
Overview
Aktsiaselts KOVEK (registry code 10395123) is a public limited company (AS). The company was entered in the Commercial Register in 1998 and has been registered for 28 years. Registered location: Saue linn, Saue vald, Harju maakond. According to the latest annual report, the main activity is sewerage and wastewater treatment (EMTAK 37001). The company is registered for VAT (VAT number EE100429824).
Financial results
Revenue in financial year 2025 was 2 888 763 €, up 14,3% on the previous year (2 526 951 €). From 2019 to 2025, revenue grew by an average of 9,5% per year. This is the company's highest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 299 248 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 19 employees (18 a year earlier). Revenue per employee was 152 040 €. At the end of financial year 2025, total assets were 26 214 827 € and equity 25 902 955 € (98,8% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 697 397 €, up 0,7% on the same quarter a year earlier. The company had 20 employees in that quarter. Labour taxes paid in the quarter: 81 412 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2530 € per month.
Management and owners
The management board has 2 members. The supervisory board has 6 members. The sole owner of the company is SAUE VALLAVAITSUS.
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 18.06.2026. 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.