KIVIKUVAND OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 99 667 € | 8 | 16 549 € |
| Q2 2026 | 196 841 € | 7 | 13 646 € |
| Q1 2026 | 33 376 € | 7 | 21 556 € |
| Q4 2025 | 279 037 € | 8 | 24 673 € |
| Q3 2025 | 246 900 € | 11 | 19 585 € |
| Q2 2025 | 463 810 € | 8 | 11 944 € |
| Q1 2025 | 67 072 € | 8 | 15 973 € |
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 | 182 854 | 173 728 | 396 483 | 486 356 | 313 674 | 371 745 | 314 764 |
| Total non-current assets | 31 034 | 25 124 | 27 957 | 16 863 | 10 672 | 8305 | 9437 |
| Total assets | 213 888 | 198 852 | 424 440 | 503 219 | 324 346 | 380 050 | 324 201 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 80 652 | 29 026 | 82 467 | 47 684 | 47 438 | 101 292 | 60 816 |
| Non-current liabilities | 3328 | 1445 | 0 | — | — | — | — |
| Total liabilities | 83 980 | 30 471 | 82 467 | 47 684 | 47 438 | 101 292 | 60 816 |
| Share capital | 2684 | 2684 | 2684 | 2684 | 2684 | 2684 | 2684 |
| Retained earnings of previous periods | 117 577 | 126 956 | 165 429 | 339 020 | 452 421 | 273 956 | 275 806 |
| Profit for the year | 9379 | 38 473 | 173 592 | 113 563 | −178 465 | 1850 | −15 373 |
| Reserves and other equity | 268 | 268 | 268 | 268 | 268 | 268 | 268 |
| Total equity | 129 908 | 168 381 | 341 973 | 455 535 | 276 908 | 278 758 | 263 385 |
| Income statement | |||||||
| Sales revenue | 928 667 | 782 449 | 1 220 767 | 1 099 925 | 643 543 | 753 466 | 1 015 636 |
| Operating profit | 10 112 | 39 055 | 174 028 | 113 722 | −178 613 | −430 | −14 060 |
| EBITDA | 15 780 | 44 965 | 179 195 | 121 145 | −172 422 | 3587 | −9045 |
| Profit before income tax | 9379 | 38 473 | 173 592 | 113 563 | −178 465 | 1850 | −15 373 |
| Profit for the reporting year | 9379 | 38 473 | 173 592 | 113 563 | −178 465 | 1850 | −15 373 |
| Labour costs | 144 984 | 99 117 | 124 427 | 186 929 | 130 244 | 126 825 | 193 674 |
| Depreciation of non-current assets | 5668 | 5910 | 5167 | 7423 | 6191 | 4017 | 5015 |
| Other indicators | |||||||
| Employees | 9 | 6 | 7 | 8 | 6 | 8 | 8 |
| 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 obligations1 note4 clear
Data from public registers, not a credit rating.
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Public procurement
9 contractsPublic contracts won worth 852 433 € from 6 contracting authorities (15.01.2024–08.09.2026).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Tamsalu 100 tamme pargi laululava | Tapa Vallavalitsus | 173 743 € | 08.09.2026 |
| Rannajõe vaatetorni ja osaliselt laudtee rekonstrueerimine | Riigimetsa Majandamise Keskus | 32 795 € | 30.04.2026 |
| Viljandi Trepimäe ehitusprojekti koostamine ja trepi ehitamine | Viljandi Linnavalitsus | 141 782 € | 10.06.2025 |
| Kallaste linnakeskuse I etapi ehitus · Tänavakivi ja kaldakaare astmestik | Peipsiääre Vallavalitsus | 249 945 € | 11.07.2024 |
| Kallaste linnakeskuse I etapi ehitus · Kaldakaar | Peipsiääre Vallavalitsus | 186 288 € | 11.07.2024 |
| RMK Õmma metsaonni, käimla ja platvormi rekonstrueerimine | Riigimetsa Majandamise Keskus | 24 749 € | 25.06.2024 |
| RMK Võnnussaare vaatetorni ja Marimetsa matkaraja lauka ringtee rekonstrueerimine · RMK Võnnussaare vaatetorni rekonstrueerimistööd | Riigimetsa Majandamise Keskus | 10 069 € | 27.05.2024 |
| Viljandi rippsilla remonttööd | Viljandi Linnahooldus | 21 969 € | 17.04.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: KIVIKUVAND OÜ
Overview
KIVIKUVAND OÜ (registry code 11438834) is a private limited company (OÜ). The company was entered in the Commercial Register in 2007 and has been registered for 18 years. Registered location: Jõgeva linn, Jõgeva vald, Jõgeva maakond. According to the latest annual report, the main activity is other specialised construction activities (EMTAK 43999). The company is registered for VAT (VAT number EE101195380).
Financial results
Revenue in financial year 2025 was 1 015 636 €, up 34,8% on the previous year (753 466 €). From 2019 to 2025, revenue grew by an average of 1,5% per year. Financial year 2025 ended with a loss of 15 373 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 8 employees. Revenue per employee was 126 955 €. At the end of financial year 2025, total assets were 324 201 € and equity 263 385 € (81,2% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 99 667 €, down 59,6% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 16 549 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1390 € per month.
Management and owners
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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.