Landverk OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 127 798 € | 3 | 15 277 € |
| Q2 2026 | 97 243 € | 6 | 18 642 € |
| Q1 2026 | 163 454 € | 7 | 19 231 € |
| Q4 2025 | 144 132 € | 7 | 20 866 € |
| Q3 2025 | 134 458 € | 7 | 19 541 € |
| Q2 2025 | 121 314 € | 6 | 17 268 € |
| Q1 2025 | 99 617 € | 6 | 17 194 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 88 020 € (42% 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 | 188 199 | 265 771 | 262 864 | 359 160 | 302 631 | 233 901 | 180 310 |
| Total non-current assets | 2425 | 3251 | 5523 | 13 118 | 22 305 | 18 022 | 22 681 |
| Total assets | 190 624 | 269 022 | 268 387 | 372 278 | 324 936 | 251 923 | 202 991 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 17 681 | 40 871 | 66 402 | 46 017 | 30 094 | 41 108 | 45 192 |
| Non-current liabilities | — | — | — | 6079 | 0 | 0 | 0 |
| Total liabilities | 17 681 | 40 871 | 66 402 | 52 096 | 30 094 | 41 108 | 45 192 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 63 071 | 92 851 | 141 247 | 199 429 | 188 432 | 172 748 | 120 239 |
| Profit for the year | 107 316 | 132 744 | 58 182 | 118 197 | 103 854 | 35 511 | 35 004 |
| Total equity | 172 943 | 228 151 | 201 985 | 320 182 | 294 842 | 210 815 | 157 799 |
| Income statement | |||||||
| Sales revenue | 408 029 | 429 253 | 490 966 | 571 415 | 605 134 | 522 402 | 495 543 |
| Operating profit | 124 900 | 148 994 | 68 712 | 121 842 | 134 949 | 56 993 | 56 663 |
| EBITDA | 129 979 | 150 320 | 70 718 | 125 183 | 138 483 | 61 032 | 59 855 |
| Profit before income tax | 123 330 | 148 968 | 73 855 | 118 197 | 131 446 | 59 184 | 59 830 |
| Profit for the reporting year | 107 316 | 132 744 | 58 182 | 118 197 | 103 854 | 35 511 | 35 004 |
| Labour costs | 88 007 | 85 527 | 131 560 | 124 691 | 134 936 | 200 759 | 178 370 |
| Depreciation of non-current assets | 5079 | 1326 | 2006 | 3341 | 3534 | 4039 | 3192 |
| Other indicators | |||||||
| Employees | 5 | 6 | 7 | 7 | 7 | 7 | 7 |
| Calculated dividend | — | 77 536 | 84 348 | 0 | 129 194 | 119 538 | 88 020 |
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
15 contractsPublic contracts won worth 589 786 € from 9 contracting authorities (30.11.2023–15.09.2026).
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Landverk OÜ
Overview
Landverk OÜ (registry code 11889198) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is engineering design and consultancy for construction (EMTAK 71121). The company is registered for VAT (VAT number EE101350277).
Financial results
Revenue in financial year 2025 was 495 543 €, down 5,1% on the previous year (522 402 €). From 2019 to 2025, revenue grew by an average of 3,3% per year. Net profit for financial year 2025 was 35 004 € (7,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 7 employees. Revenue per employee was 70 792 €. At the end of financial year 2025, total assets were 202 991 € and equity 157 799 € (77,7% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 127 798 €, down 5,0% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 15 277 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3110 € per month.
Management and owners
The management board has 3 members. According to the register, the company has 3 owners. The largest stake (33,3%) 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 29.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (894500AJ82L5IRPQIA43) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.