Kivitek ehitus OÜ
RegisteredKey figures
Ratios
2024Summary: Kivitek ehitus OÜ
What kind of company is it?
Kivitek ehitus OÜ (registry code 12216142) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 14 years. Registered location: 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 EE101653686).
How is the company doing financially?
Revenue in financial year 2024 was 399 010 €, down 2,1% on the previous year (407 715 €). From 2019 to 2024, revenue grew by an average of 10,2% per year. Net profit for financial year 2024 was 62 903 € (15,8% of revenue). The company was profitable in 4 of the 6 published financial years. In financial year 2024 the company had 4 employees (3 a year earlier). Revenue per employee was 99 753 €. At the end of financial year 2024, total assets were 233 788 € and equity 189 775 € (81,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 141 043 €, down 39,0% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 6234 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 720 € 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.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 21.07.2025. 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 | 141 043 € | 7 | 6234 € |
| Q2 2026 | 206 287 € | 5 | 1874 € |
| Q1 2026 | 36 523 € | — | 290 € |
| Q4 2025 | 140 642 € | — | 3458 € |
| Q3 2025 | 231 375 € | 5 | 9226 € |
| Q2 2025 | 106 701 € | 9 | 3918 € |
| Q1 2025 | 49 510 € | 1 | 2570 € |
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 statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 142 149 | 204 174 | 278 280 | 407 715 | 399 010 |
| Net profit | −6840 | 32 928 | −23 276 | 16 664 | 62 903 |
| Retained earnings | 106 940 | 100 100 | 133 028 | 107 458 | 124 122 |
| Total assets | 109 652 | 140 589 | 118 847 | 153 136 | 233 788 |
| Total liabilities | 6802 | 4811 | 6345 | 26 264 | 44 013 |
| Total equity | 102 850 | 135 778 | 112 502 | 126 872 | 189 775 |
| Employees | 4 | 3 | 4 | 3 | 4 |
| Average gross salary (monthly) | — | 424 | 430 | 625 | 880 |
| Calculated dividend | 0 | 0 | 0 | 2294 | 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 obligations2 issues5 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.