Tee Korda Osaühing
RegisteredKey figures
Ratios
2025Summary: Tee Korda Osaühing
What kind of company is it?
Tee Korda Osaühing (registry code 11479841) 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: Tüki küla, Tartu linn, Tartu maakond. According to the latest annual report, the main activity is construction of roads and motorways (EMTAK 42111). The company is registered for VAT (VAT number EE101223032).
How is the company doing financially?
Revenue in financial year 2025 was 1 239 446 €, up 32,7% on the previous year (933 933 €). From 2019 to 2025, revenue grew by an average of 25,9% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 21 223 € (1,7% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 247 889 €. At the end of financial year 2025, total assets were 271 457 € and equity 195 969 € (72,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 212 990 €, down 61,7% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 25 994 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2670 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is INVESTERNO OÜ.
Where does the data come from and how fresh is it?
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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 212 990 € | 6 | 25 994 € |
| Q2 2026 | 160 208 € | 5 | 18 407 € |
| Q1 2026 | 81 554 € | 5 | 26 350 € |
| Q4 2025 | 367 672 € | 6 | 32 377 € |
| Q3 2025 | 555 750 € | 6 | 25 880 € |
| Q2 2025 | 227 938 € | 5 | 17 404 € |
| Q1 2025 | 83 246 € | 5 | 15 839 € |
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.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 251 737 | 702 884 | 817 374 | 933 933 | 1 239 446 |
| Net profit | −16 803 | 27 922 | 21 554 | 27 677 | 21 223 |
| Retained earnings | 111 058 | 84 255 | 122 702 | 144 256 | 171 934 |
| Total assets | 127 734 | 155 550 | 191 958 | 239 152 | 271 457 |
| Total liabilities | 30 667 | 40 561 | 44 890 | 64 407 | 75 488 |
| Total equity | 97 067 | 114 989 | 147 068 | 174 745 | 195 969 |
| Employees | 4 | 5 | 6 | 5 | 5 |
| Average gross salary (monthly) | 1431 | 1491 | 2176 | 2175 | 2934 |
| Calculated dividend | 40 000 | 10 000 | 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 135 835 € from 1 contracting authorities (04.09.2024–04.09.2024).
Show contracts (1)
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Tootmiskompleksil tingimuste loomine akutõstukiga liikumiseks | osaühing HOBBITON | 135 835 € | 04.09.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
State aid and grants
1 recordState aid and de minimis aid in total 272 € (2020). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (272 €).
Show all aid records (1)
The total also includes 1 tax reductions worth 272 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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