Korduv OÜ

Registered

12090422Private limited company (OÜ)Founded 2011

Key figures

89 814 €+4,7%

Revenue 2025

−9,8%

Average annual change 2019–2025

Ratios

2025

−6,3%

Profit margin

6,1%

EBITDA margin

42,6%

Equity ratio

3,4×

Current ratio

−28,0%

Return on equity

922 €

Average gross salary

Summary: Korduv OÜ

What kind of company is it?

Korduv OÜ (registry code 12090422) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 15 years. Registered location: Mallavere küla, Raasiku vald, Harju maakond. According to the latest annual report, the main activity is freight transport by road (EMTAK 49411). The company is registered for VAT (VAT number EE101443579).

How is the company doing financially?

Revenue in financial year 2025 was 89 814 €, up 4,7% on the previous year (85 766 €). From 2019 to 2025, revenue declined by an average of 9,8% per year. Financial year 2025 ended with a loss of 5685 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 89 814 €. At the end of financial year 2025, total assets were 47 608 € and equity 20 275 € (42,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 21 065 €, down 8,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1252 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 920 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is a private individual.

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 04.06.2026. 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	21 065 €	1	1252 €
Q2 2026	31 077 €	1	1252 €
Q1 2026	24 621 €	1	1219 €
Q4 2025	29 040 €	1	1154 €
Q3 2025	23 032 €	1	1154 €
Q2 2025	22 892 €	1	1040 €
Q1 2025	19 030 €	1	1098 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2021–2025

	2021	2022	2023	2024	2025
Sales revenue	95 456	112 963	85 045	85 766	89 814
Net profit	−14 700	9421	−12 167	−852	−5685
Retained earnings	35 561	20 861	30 282	18 115	17 263
Total assets	63 785	64 116	66 009	57 946	47 608
Total liabilities	34 227	25 137	39 197	31 986	27 333
Total equity	29 558	38 979	26 812	25 960	20 275
Employees	2	1	1	1	1
Average gross salary (monthly)	540	904	791	477	812
Calculated dividend	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

Registered

Business Register

Tax debt

None

Tax and Customs Board list of tax debtors

Enforcement and official notices

None

Official Announcements (Ametlikud Teadaanded)

Consumer disputes

None

Consumer Disputes Committee (TTJA)

Annual report filing

3/3 filed

All on time

Business Register · 2023–2025

Commercial pledges

None

Business Register

Share pledges and disposal bans

None

Business Register

Data from public registers, not a credit rating.

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State aid and grants

1 record

State aid and de minimis aid in total 18 010 € (2022). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (18 010 €).

Show all aid records (1)

202218 010 €

Grantor	Purpose	Amount	Date
Põllumajanduse Registrite ja Informatsiooni Amet	Investeeringud	18 010 €	26.04.2022

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.

Related companies

Largest in the same sector — Transport and storage

Same activity — Freight transport by road