KINEST OÜ

Registered
12093107Private limited company (OÜ)Founded 2011

Key figures

121 082 €−56,2%
Revenue 2025
−22,4%
Average annual change 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025

Summary: KINEST OÜ

What kind of company is it?

KINEST OÜ (registry code 12093107) 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: Pirita linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is service activities incidental to water transportation (EMTAK 5222). The company is registered for VAT (VAT number EE101450779).

How is the company doing financially?

Revenue in financial year 2025 was 121 082 €, down 56,2% on the previous year (276 542 €). From 2019 to 2025, revenue declined by an average of 22,4% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 2548 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 121 082 €. At the end of financial year 2025, total assets were 88 275 € and equity 62 120 € (70,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 3500 €, down 88,8% on the same quarter a year earlier. The company had 2 employees in that quarter.

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 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20263500 €2—
Q2 202637 513 €20 €
Q1 202630 778 €255 €
Q4 202537 944 €20 €
Q3 202531 350 €20 €
Q2 202529 050 €20 €
Q1 202525 588 €20 €

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

Dividends

calculated
2025

Distributed as dividends 7899 € (11% of distributable profit).

History
20257899 €
202459 200 €
20235300 €
202211 400 €
202137 813 €
20203200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue502 847535 710381 516276 542121 082
Net profit12 816110 97047 596−44 509−2548
Retained earnings18 84420 260125 930114 32661 918
Total assets68 478141 799216 38679 89288 275
Total liabilities34 068781940 110732526 155
Total equity34 410133 980176 27672 56762 120
Employees22111
Average gross salary (monthly)561533548——
Calculated dividend37 81311 400530059 2007899

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
Register status
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.

Connections graph

Click a node to see its other connections.

100%KINEST OÜ1Stanislav Avdonin
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies