Kurmutec Systems OÜRegistered
Key figures
470 798 €+11,8%
Revenue 2025
+4,4%
Average annual growth 2019–2025
Ratios
20255,2%
Profit margin
7,2%
EBITDA margin
53,8%
Equity ratio
1,9×
Current ratio
29,0%
Return on equity
2030 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 117 449 € | 6 | 19 199 € |
| Q1 2026 | 112 682 € | 6 | 19 515 € |
| Q4 2025 | 117 785 € | 6 | 19 813 € |
| Q3 2025 | 110 515 € | 6 | 21 105 € |
| Q2 2025 | 120 684 € | 6 | 20 909 € |
| Q1 2025 | 100 562 € | 6 | 19 544 € |
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 | 113 484 | 102 339 | 113 615 | 79 668 | 95 923 | 86 625 | 120 725 |
| Total non-current assets | 33 642 | 19 301 | 9497 | 4472 | 1739 | 26 217 | 34 974 |
| Total assets | 147 126 | 121 640 | 123 112 | 84 140 | 97 662 | 112 842 | 155 699 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 97 119 | 87 122 | 100 659 | 74 864 | 50 911 | 53 404 | 63 835 |
| Non-current liabilities | 28 387 | 12 378 | 0 | — | — | — | 8156 |
| Total liabilities | 125 506 | 99 500 | 100 659 | 74 864 | 50 911 | 53 404 | 71 991 |
| Share capital | 2600 | 2600 | 2600 | 2600 | 2600 | 2600 | 2600 |
| Retained earnings of previous periods | 17 501 | 18 760 | 19 280 | 19 593 | 6416 | 43 891 | 56 578 |
| Profit for the year | 1259 | 520 | 313 | −13 177 | 37 475 | 12 687 | 24 270 |
| Reserves and other equity | 260 | 260 | 260 | 260 | 260 | 260 | 260 |
| Total equity | 21 620 | 22 140 | 22 453 | 9276 | 46 751 | 59 438 | 83 708 |
| Income statement | |||||||
| Sales revenue | 364 489 | 375 166 | 354 791 | 409 292 | 512 343 | 420 986 | 470 798 |
| Operating profit | 2942 | 2145 | 1551 | −12 053 | 38 007 | 12 785 | 25 420 |
| EBITDA | 16 274 | 16 486 | 11 355 | −7028 | 40 740 | 19 150 | 33 876 |
| Profit before income tax | 1259 | 520 | 313 | −13 177 | 37 475 | 12 687 | 24 270 |
| Profit for the reporting year | 1259 | 520 | 313 | −13 177 | 37 475 | 12 687 | 24 270 |
| Labour costs | 170 335 | 151 223 | 136 608 | 178 896 | 200 753 | 187 331 | 191 322 |
| Depreciation of non-current assets | 13 332 | 14 341 | 9804 | 5025 | 2733 | 6365 | 8456 |
| Other indicators | |||||||
| Employees | 9 | 8 | 8 | 8 | 8 | 7 | 6 |
| 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.
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