Kanniku OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 957 773 € | 25 | 88 145 € |
| Q2 2026 | 828 558 € | 24 | 117 933 € |
| Q1 2026 | 763 935 € | 25 | 113 258 € |
| Q4 2025 | 916 526 € | 26 | 127 081 € |
| Q3 2025 | 553 422 € | 26 | 80 259 € |
| Q2 2025 | 795 337 € | 23 | 117 189 € |
| Q1 2025 | 1 074 429 € | 24 | 120 523 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 228 000 € (8% of distributable profit).
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 393 510 | 664 906 | 879 487 | 1 137 411 | 1 444 505 | 1 457 011 | 1 247 549 |
| Total non-current assets | 2 389 351 | 1 762 903 | 1 708 339 | 1 934 127 | 1 745 485 | 1 926 718 | 1 866 639 |
| Total assets | 2 782 861 | 2 427 809 | 2 587 826 | 3 071 538 | 3 189 990 | 3 383 729 | 3 114 188 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 819 402 | 821 812 | 907 855 | 824 490 | 481 853 | 437 808 | 307 855 |
| Non-current liabilities | 1 054 397 | 558 213 | 456 803 | 372 138 | 181 252 | 110 839 | 59 801 |
| Total liabilities | 1 873 799 | 1 380 025 | 1 364 658 | 1 196 628 | 663 105 | 548 647 | 367 656 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 712 006 | 806 250 | 1 044 972 | 1 220 356 | 1 822 097 | 2 418 276 | 2 604 270 |
| Profit for the year | 194 244 | 238 722 | 175 384 | 651 742 | 701 976 | 413 994 | 139 450 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 909 062 | 1 047 784 | 1 223 168 | 1 874 910 | 2 526 885 | 2 835 082 | 2 746 532 |
| Income statement | |||||||
| Sales revenue | 2 469 846 | 2 442 188 | 2 762 467 | 4 371 355 | 3 781 868 | 2 868 706 | 2 931 076 |
| Operating profit | 250 137 | 286 747 | 197 114 | 666 441 | 730 164 | 448 432 | 210 718 |
| EBITDA | 910 418 | 973 294 | 844 640 | 1 284 879 | 1 288 981 | 1 051 148 | 878 854 |
| Profit before income tax | 216 628 | 260 379 | 175 384 | 645 384 | 712 212 | 436 589 | 203 758 |
| Profit for the reporting year | 194 244 | 238 722 | 175 384 | 651 742 | 701 976 | 413 994 | 139 450 |
| Labour costs | 743 960 | 694 380 | 780 634 | 905 377 | 884 938 | 916 980 | 1 013 063 |
| Depreciation of non-current assets | 660 281 | 686 547 | 647 526 | 618 438 | 558 817 | 602 716 | 668 136 |
| Other indicators | |||||||
| Employees | 21 | 21 | 24 | 23 | 25 | 22 | 23 |
| Calculated dividend | — | 100 000 | 0 | 0 | 50 001 | 105 797 | 228 000 |
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
Data from public registers, not a credit rating.
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Public procurement
3 contractsPublic contracts won worth 0 € from 1 contracting authorities (06.08.2024–02.01.2026). Plus 3 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Harvendusraie- ja kokkuveoteenuste tellimine Kagu regioonis Võru piirkonnas 2025-7 | Riigimetsa Majandamise Keskus | up to 2 660 000 € | 02.01.2026 |
| Uuendusraie- ja kokkuveoteenuste tellimine Kagu regioonis Võru piirkonnas 2025-4 | Riigimetsa Majandamise Keskus | up to 9 963 000 € | 02.01.2026 |
| Objektipõhised raietööd | Riigimetsa Majandamise Keskus | up to 10 000 000 € | 06.08.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Kanniku OÜ
Overview
Kanniku OÜ (registry code 10983742) is a private limited company (OÜ). The company was entered in the Commercial Register in 2003 and has been registered for 23 years. Registered location: Naruski küla, Põlva vald, Põlva maakond. According to the latest annual report, the main activity is support services to forestry (EMTAK 02401). The company is registered for VAT (VAT number EE100858770).
Financial results
Revenue in financial year 2025 was 2 931 076 €, up 2,2% on the previous year (2 868 706 €). From 2019 to 2025, revenue grew by an average of 2,9% per year. Net profit for financial year 2025 was 139 450 € (4,8% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 23 employees (22 a year earlier). Revenue per employee was 127 438 €. At the end of financial year 2025, total assets were 3 114 188 € and equity 2 746 532 € (88,2% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 957 773 €, up 73,1% on the same quarter a year earlier. The company had 25 employees in that quarter. Labour taxes paid in the quarter: 88 145 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2220 € per month.
Management and owners
The management board has 2 members. The sole owner of the company is a private individual.
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 19.06.2026. 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.