KIVIKARU OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 141 124 € | 8 | 14 546 € |
| Q2 2026 | 101 778 € | 7 | 13 392 € |
| Q1 2026 | 118 436 € | 7 | 10 301 € |
| Q4 2025 | 119 959 € | 6 | 12 132 € |
| Q3 2025 | 94 831 € | 5 | 14 924 € |
| Q2 2025 | 114 588 € | 6 | 8442 € |
| Q1 2025 | 41 742 € | 6 | 10 852 € |
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 | 40 752 | 34 193 | 21 726 | 26 670 | 61 769 | 27 757 | 46 520 |
| Total non-current assets | 516 247 | 616 056 | 588 630 | 587 152 | 563 295 | 501 659 | 448 168 |
| Total assets | 556 999 | 650 249 | 610 356 | 613 822 | 625 064 | 529 416 | 494 688 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 163 673 | 151 659 | 206 521 | 227 717 | 265 476 | 285 890 | 304 844 |
| Non-current liabilities | 27 556 | 105 400 | 77 082 | 40 241 | 32 331 | 11 056 | 22 657 |
| Total liabilities | 191 229 | 257 059 | 283 603 | 267 958 | 297 807 | 296 946 | 327 501 |
| Share capital | 191 734 | 191 734 | 191 734 | 191 734 | 191 734 | 191 734 | 191 734 |
| Retained earnings of previous periods | 65 285 | 146 058 | 173 479 | 107 043 | 126 153 | 107 546 | 12 758 |
| Profit for the year | 80 774 | 27 421 | −66 437 | 19 110 | −18 607 | −94 787 | −65 282 |
| Reserves and other equity | 27 977 | 27 977 | 27 977 | 27 977 | 27 977 | 27 977 | 27 977 |
| Total equity | 365 770 | 393 190 | 326 753 | 345 864 | 327 257 | 232 470 | 167 187 |
| Income statement | |||||||
| Sales revenue | 550 297 | 464 194 | 569 881 | 754 516 | 542 295 | 418 705 | 377 028 |
| Operating profit | 82 762 | 30 850 | −62 861 | 23 226 | −11 398 | −88 395 | −57 745 |
| EBITDA | 140 390 | 113 144 | 27 605 | 126 799 | 99 661 | 8577 | 32 980 |
| Profit before income tax | 80 774 | 27 421 | −66 437 | 19 110 | −18 607 | −94 787 | −65 282 |
| Profit for the reporting year | 80 774 | 27 421 | −66 437 | 19 110 | −18 607 | −94 787 | −65 282 |
| Labour costs | 107 041 | 127 171 | 168 274 | 192 164 | 173 918 | 160 761 | 113 227 |
| Depreciation of non-current assets | 57 628 | 82 294 | 90 466 | 103 573 | 111 059 | 96 972 | 90 725 |
| Other indicators | |||||||
| Employees | 6 | 6 | 8 | 9 | 7 | 7 | 5 |
| 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
1 contractsPublic contracts won worth 8810 € from 1 contracting authorities (20.06.2025–20.06.2025).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| RMK Kubja puhkekoha rekonstrueerimistööde lõpetamine (2) | Riigimetsa Majandamise Keskus | 8810 € | 20.06.2025 |
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: KIVIKARU OÜ
Overview
KIVIKARU OÜ (registry code 11475232) is a private limited company (OÜ). The company was entered in the Commercial Register in 2008 and has been registered for 18 years. Registered location: Kiisa küla, Põlva vald, Põlva maakond. According to the latest annual report, the main activity is graniidist, marmorist jm looduslikust kivist toodete tootmine (EMTAK 23703). The company is registered for VAT (VAT number EE101207401).
Financial results
Revenue in financial year 2025 was 377 028 €, down 10,0% on the previous year (418 705 €). From 2019 to 2025, revenue declined by an average of 6,1% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 65 282 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 5 employees (7 a year earlier). Revenue per employee was 75 406 €. At the end of financial year 2025, total assets were 494 688 € and equity 167 187 € (33,8% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 141 124 €, up 48,8% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 14 546 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1240 € per month.
Management and owners
The management board has 3 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 30.06.2026. 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.