Kõivu Agro OÜ
RegisteredKey figures
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2025Summary: Kõivu Agro OÜ
What kind of company is it?
Kõivu Agro OÜ (registry code 12487906) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 13 years. Registered location: Kõivuküla küla, Haaslava vald, Tartu maakond. According to the latest annual report, the main activity is growing of cereals (except rice), pulses and oilseeds (EMTAK 01111). The company is registered for VAT (VAT number EE101846192).
How is the company doing financially?
Revenue in financial year 2025 was 280 666 €, down 27,2% on the previous year (385 398 €). From 2019 to 2025, revenue declined by an average of 2,9% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 145 105 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 280 666 €. At the end of financial year 2025, total assets were 2 232 256 € and equity 791 724 € (35,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 116 654 €, down 7,6% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 3164 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2010 € 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 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 116 654 € | 1 | 3164 € |
| Q2 2026 | 15 129 € | 1 | 1582 € |
| Q1 2026 | 61 636 € | 1 | 3908 € |
| Q4 2025 | 100 670 € | 1 | 3212 € |
| Q3 2025 | 126 305 € | 1 | 6892 € |
| Q2 2025 | 2702 € | — | 7085 € |
| Q1 2025 | 46 063 € | — | 8839 € |
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 | 371 558 | 673 887 | 518 755 | 385 398 | 280 666 |
| Net profit | 178 625 | 343 825 | −128 634 | 81 752 | −145 105 |
| Retained earnings | 458 761 | 637 386 | 981 211 | 852 577 | 934 329 |
| Total assets | 989 911 | 1 559 358 | 1 707 063 | 2 353 280 | 2 232 256 |
| Total liabilities | 350 025 | 575 647 | 851 986 | 1 416 451 | 1 440 532 |
| Total equity | 639 886 | 983 711 | 855 077 | 936 829 | 791 724 |
| Employees | 0 | 1 | 0 | 0 | 1 |
| Average gross salary (monthly) | — | 1578 | — | — | 332 |
| 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 obligations1 issue6 clear
Data from public registers, not a credit rating.
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State aid and grants
35 recordsState aid and de minimis aid in total 152 635 € (2017–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (107 466 €), Maaelu Edendamise SA (41 969 €), Keskkonnaamet (3200 €).
Show all aid records (35)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Maaelu Edendamise SA | Põllumajanduslik VTA · Soft loan | 22 123 €* | 14.03.2025 |
| Maaelu Edendamise SA | Põllumajanduslik VTA · Soft loan | 19 846 €* | 18.12.2024 |
| Keskkonnaamet | Põllumajanduslik VTA | 3200 € | 23.08.2021 |
The total also includes 32 tax reductions worth 107 466 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.
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.
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