KIVIÕLI KEEMIATÖÖSTUSE OSAÜHINGRegistered
Tax debt 1 436 684 € as of 30.09.2026 (incl. 1 436 684 € in a payment schedule).Source: Tax and Customs Board
Going concern uncertainty. In the 2025 report the auditor pointed to material uncertainty about the company's ability to continue as a going concern.
Key figures
40 286 606 €−18,4%
Revenue 2025
+4,8%
Average annual growth 2019–2025
Ratios
2025−29,2%
Profit margin
−6,8%
EBITDA margin
−9,7%
Equity ratio
0,1×
Current ratio
235,5%
Return on equity
1767 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 13 389 360 € | 492 | 1 346 477 € |
| Q1 2026 | 8 527 494 € | 497 | 1 363 458 € |
| Q4 2025 | 10 280 412 € | 509 | 1 430 717 € |
| Q3 2025 | 14 750 195 € | 533 | 1 520 254 € |
| Q2 2025 | 10 480 253 € | 534 | 1 439 068 € |
| Q1 2025 | 12 540 842 € | 537 | 1 493 555 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
No dividends were distributed.
History
20250 €
20240 €
2023 ~24 034 068 €
20220 €
20210 €
20200 €
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 | 6 228 605 | 4 880 799 | 5 530 267 | 6 055 731 | 7 762 259 | 7 660 915 | 5 906 103 |
| Total non-current assets | 20 273 285 | 19 601 638 | 23 369 900 | 25 512 303 | 51 927 000 | 47 926 170 | 45 621 478 |
| Total assets | 26 501 890 | 24 482 437 | 28 900 167 | 31 568 034 | 59 689 259 | 55 587 085 | 51 527 581 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 13 235 392 | 12 761 998 | 14 168 009 | 5 118 757 | 35 116 595 | 42 195 766 | 48 917 301 |
| Non-current liabilities | 8 101 878 | 5 374 583 | 8 737 087 | 2 315 865 | 20 611 264 | 6 629 478 | 7 598 767 |
| Total liabilities | 21 337 270 | 18 136 581 | 22 905 096 | 7 434 622 | 55 727 859 | 48 825 244 | 56 516 068 |
| Share capital | 3000 | 3000 | 3000 | 3000 | 32 000 | 32 000 | 32 000 |
| Retained earnings of previous periods | 1 990 941 | 5 063 628 | 6 244 864 | 5 894 079 | −16 560 648 | −12 698 592 | −9 898 151 |
| Profit for the year | 3 072 687 | 1 181 236 | −350 785 | 5 608 341 | 3 862 056 | 2 800 441 | −11 750 328 |
| Reserves and other equity | 97 992 | 97 992 | 97 992 | 12 627 992 | 16 627 992 | 16 627 992 | 16 627 992 |
| Total equity | 5 164 620 | 6 345 856 | 5 995 071 | 24 133 412 | 3 961 400 | 6 761 841 | −4 988 487 |
| Income statement | |||||||
| Sales revenue | 30 472 722 | 29 250 377 | 31 296 005 | 48 522 161 | 52 338 348 | 49 378 768 | 40 286 606 |
| Operating profit | 3 697 713 | 1 447 135 | 63 726 | 5 899 225 | 5 737 810 | 4 506 048 | −10 773 565 |
| EBITDA | 6 210 662 | 4 377 954 | 2 820 546 | 9 430 322 | 12 030 458 | 12 318 490 | −2 758 038 |
| Profit before income tax | 3 072 687 | 1 181 236 | −350 785 | 5 608 341 | 3 862 056 | 2 800 441 | −11 750 328 |
| Profit for the reporting year | 3 072 687 | 1 181 236 | −350 785 | 5 608 341 | 3 862 056 | 2 800 441 | −11 750 328 |
| Labour costs | 10 440 635 | 10 119 461 | 10 514 584 | 11 587 486 | 14 122 228 | 14 280 357 | 14 867 209 |
| Depreciation of non-current assets | 2 512 949 | 2 930 819 | 2 756 820 | 3 531 097 | 6 292 648 | 7 812 442 | 8 015 527 |
| Other indicators | |||||||
| Employees | 585 | 534 | 525 | 514 | 544 | 533 | 528 |
| Calculated dividend | — | 0 | 0 | 0 | 24 034 068 | 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.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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