KIRDE VARAD ASRegistered

10490531Public limited company (AS)Founded 1998

Key figures

76 619 997 €−4,1%
Revenue 2025
+40,7%
Average annual growth 2019–2025
050 m100 m150 m2019202020212022202320242025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0250 m500 m750 mpuudub20192020puudub2021puudub2022puudub20232024puudub2025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026——0 €
Q1 2026——0 €
Q4 2025——0 €
Q2 2025——0 €
Q1 2025——0 €

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—84 740 687———7 862 000—
Total non-current assets—552 646 365———739 172 000—
Total assets679 691 773637 387 052978 795 380631 611 953710 001 796747 033 691614 350 112
Balance sheet — liabilities and equity
Current liabilities—26 138 712———16 852 000—
Non-current liabilities—79 078 369———1 001 000—
Total liabilities—105 217 081———17 853 000—
Share capital—6 391 164———6 209 000—
Retained earnings of previous periods—418 949 252———493 412 000—
Profit for the year—2 104 489———26 112 000—
Reserves and other equity—104 725 066———203 448 000—
Total equity—532 169 971———729 181 000—
Income statement
Sales revenue9 866 0619 612 25029 209 531133 401 514128 602 57079 892 85376 619 997
Operating profit—1 294 503———10 115 000—
EBITDA—2 181 745———79 872 000—
Profit before income tax—2 348 675———26 519 000—
Profit for the reporting year—2 104 489———26 112 000—
Labour costs—————1000—
Depreciation of non-current assets—887 242———69 757 000—
Other indicators
Employees1119310853000
Calculated dividend———————

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.

Risks and obligations1 note1 for information4 clear
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)
Annual report filing
3/3 filed
Filed late: 2023
Business Register · 2023–2025
Auditor's opinion
Teostatud (kuid sisu töötlemata, vt dokument)
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%KIRDE VARAD AS5Ahti Asmann8Hans-Sten Pisang3Jaanis Sepp8Aare-Laidar Laos9Elar Sarapuu6Kristjan Piilmann1Margus Kangro1Kirde Investeeringud …
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

Summary: KIRDE VARAD AS

Overview

KIRDE VARAD AS (registry code 10490531) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is renting and leasing of other machinery, equipment and tangible goods n.e.c. (EMTAK 77399). The company is registered for VAT (VAT number EE102565362).

Financial results

Revenue in financial year 2025 was 76 619 997 €, down 4,1% on the previous year (79 892 853 €). From 2019 to 2025, revenue grew by an average of 40,7% per year. Net profit for financial year 2024 was 26 112 000 € (32,7% of revenue). According to the report, the company had no employees in financial year 2025. At the end of financial year 2024, total assets were 747 033 691 € and equity 729 181 000 € (97,6% of assets).

Management and owners

The management board has 3 members. The supervisory board has 4 members. The sole owner of the company is Kirde Investeeringud OÜ.

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. The LEI code (549300EIIQHOI8Y6LU47) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

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