Aktsiaselts Matsalu VeevärkRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 311 261 € | 11 | 44 933 € |
| Q2 2026 | 299 734 € | 11 | 44 928 € |
| Q1 2026 | 276 056 € | 11 | 57 630 € |
| Q4 2025 | 298 839 € | 11 | 45 208 € |
| Q3 2025 | 282 130 € | 11 | 50 138 € |
| Q2 2025 | 274 177 € | 11 | 57 853 € |
| Q1 2025 | 249 366 € | 13 | 60 957 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
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 | 277 521 | 312 228 | 156 339 | 129 662 | 238 446 | 454 182 | 168 639 |
| Total non-current assets | 32 850 565 | 31 824 122 | 30 845 074 | 28 358 742 | 26 823 882 | 25 526 952 | 24 683 660 |
| Total assets | 33 128 086 | 32 136 350 | 31 001 413 | 28 488 404 | 27 062 328 | 25 981 134 | 24 852 299 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 173 660 | 260 338 | 179 980 | 953 009 | 202 760 | 205 213 | 785 343 |
| Non-current liabilities | 879 797 | 815 843 | 743 510 | 13 616 | 648 637 | 582 193 | 129 086 |
| Total liabilities | 1 053 457 | 1 076 181 | 923 490 | 966 625 | 851 397 | 787 406 | 914 429 |
| Share capital | 1 136 781 | 1 136 781 | 1 136 781 | 1 136 781 | 1 136 781 | 1 136 781 | 1 136 781 |
| Retained earnings of previous periods | 31 561 071 | 30 364 402 | 29 349 942 | 28 367 696 | 26 969 880 | 25 659 032 | 24 541 829 |
| Profit for the year | −1 196 669 | −1 014 460 | −982 246 | −1 397 816 | −1 310 848 | −1 117 203 | −1 255 858 |
| Reserves and other equity | 573 446 | 573 446 | 573 446 | −584 882 | −584 882 | −484 882 | −484 882 |
| Total equity | 32 074 629 | 31 060 169 | 30 077 923 | 27 521 779 | 26 210 931 | 25 193 728 | 23 937 870 |
| Income statement | |||||||
| Sales revenue | 841 464 | 855 791 | 890 830 | 876 778 | 1 200 815 | 1 304 766 | 1 094 722 |
| Operating profit | −1 184 089 | −1 003 046 | −972 003 | −1 383 846 | −1 275 582 | −1 082 120 | −1 227 446 |
| EBITDA | 147 996 | 280 717 | 302 089 | 19 639 | 324 684 | 306 739 | 142 397 |
| Profit before income tax | −1 196 669 | −1 014 460 | −982 246 | −1 397 816 | −1 310 848 | −1 117 203 | −1 255 858 |
| Profit for the reporting year | −1 196 669 | −1 014 460 | −982 246 | −1 397 816 | −1 310 848 | −1 117 203 | −1 255 858 |
| Labour costs | 302 295 | 327 638 | 339 319 | 354 532 | 372 035 | 425 420 | 445 011 |
| Depreciation of non-current assets | 1 332 085 | 1 283 763 | 1 274 092 | 1 403 485 | 1 600 266 | 1 388 859 | 1 369 843 |
| Other indicators | |||||||
| Employees | 10 | 10 | 10 | 10 | 10 | 10 | 12 |
| 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: 3 tenders. View tenders →
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Aktsiaselts Matsalu Veevärk
Overview
Aktsiaselts Matsalu Veevärk (registry code 11055659) is a public limited company (AS). The company was entered in the Commercial Register in 2004 and has been registered for 22 years. Registered location: Märjamaa alev, Märjamaa vald, Rapla 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 EE100920666).
Financial results
Revenue in financial year 2025 was 1 094 722 €, down 16,1% on the previous year (1 304 766 €). From 2019 to 2025, revenue grew by an average of 4,5% per year. Financial year 2025 ended with a loss of 1 255 858 €. The company made a loss in all 7 published financial years. In financial year 2025 the company had 12 employees (10 a year earlier). Revenue per employee was 91 227 €. At the end of financial year 2025, total assets were 24 852 299 € and equity 23 937 870 € (96,3% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 311 261 €, up 10,3% on the same quarter a year earlier. The company had 11 employees in that quarter. Labour taxes paid in the quarter: 44 933 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2530 € per month.
Management and owners
The company has one management board member. The supervisory board has 7 members.
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 11.05.2026. 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.