KOIVAKONNU OÜ

Registered
10696059Private limited company (OÜ)Founded 2000

Key figures

136 159 €+26,2%
Revenue 2025
+4,4%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: KOIVAKONNU OÜ

What kind of company is it?

KOIVAKONNU OÜ (registry code 10696059) is a private limited company (OÜ). The company was entered in the Commercial Register in 2000 and has been registered for 26 years. Registered location: Tsirgumäe küla, Valga vald, Valga maakond. According to the latest annual report, the main activity is other cattle and buffalo farming (EMTAK 01421). The company is registered for VAT (VAT number EE100655368).

How is the company doing financially?

Revenue in financial year 2025 was 136 159 €, up 26,2% on the previous year (107 907 €). From 2019 to 2025, revenue grew by an average of 4,4% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 37 116 € (27,3% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 45 386 €. At the end of financial year 2025, total assets were 1 562 310 € and equity 1 454 734 € (93,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 30 511 €, down 22,8% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 9308 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2860 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 6 owners. The largest stake (50%) is held by a private individual.

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 19.05.2026. 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 202630 511 €29308 €
Q2 202647 672 €28332 €
Q1 202669 661 €211 508 €
Q4 202521 021 €27470 €
Q3 202539 522 €18336 €
Q2 202510 745 €27903 €
Q1 20253730 €23627 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 12 000 € (1% of distributable profit).

History
202512 000 €
202421 808 €
20230 €
202212 000 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue71 13380 984123 813107 907136 159
Net profit44 78499 37173 374201 34637 116
Retained earnings1 037 4971 070 2811 169 6521 221 2181 410 564
Total assets1 220 3611 456 4331 402 7611 542 3421 562 310
Total liabilities131 026279 727152 681112 724107 576
Total equity1 089 3351 176 7061 250 0801 429 6181 454 734
Employees44323
Average gross salary (monthly)1036998122414261096
Calculated dividend012 000021 80812 000

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
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
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

50%50%50%50%25%25%KOIVAKONNU OÜ3Grete KruustükKatrin KruustükKerttu Nazabal2Simmo Kruustük3Kalev Raudsepp1Marje Raudsepp4Tarmo Raudsepp
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

30 records

State aid and de minimis aid in total 77 859 € (2017–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (73 259 €), Eesti Töötukassa (4600 €).

Show all aid records (30)
20265901 €
20255644 €
20246617 €
20234561 €
202226 693 €
20219224 €
20204888 €
20195040 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetKomisjoni teatise jaotis 2.1 "Piiratud abisummad"8194 €20.12.2022
Põllumajanduse Registrite ja Informatsiooni AmetKoolitus VTA71 €27.04.2022
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud0 €10.01.2022
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud11 658 €10.01.2022
Eesti TöötukassaPõllumajanduslik VTA4600 €12.09.2021

The total also includes 25 tax reductions worth 53 336 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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
YearFiles
2025DDOC/BDOCPDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

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

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