Kivi Kunst OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 45 947 € | 6 | 4500 € |
| Q2 2026 | 26 431 € | 5 | 4121 € |
| Q1 2026 | 25 184 € | 4 | 4531 € |
| Q4 2025 | 38 853 € | 5 | 4956 € |
| Q3 2025 | 32 805 € | 5 | 4948 € |
| Q2 2025 | 32 602 € | 5 | 4951 € |
| Q1 2025 | 42 300 € | 5 | 3847 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 5000 € (24% of distributable profit).
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 | 4565 | 9082 | 7117 | 11 327 | 8338 | 28 001 | 26 140 |
| Total non-current assets | 1015 | 883 | 3383 | 5916 | 5916 | 6520 | 6520 |
| Total assets | 5580 | 9965 | 10 500 | 17 243 | 14 254 | 34 521 | 32 660 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 1429 | 1497 | 1153 | 2412 | 2971 | 10 930 | 10 462 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 1429 | 1497 | 1153 | 2412 | 2971 | 10 930 | 10 462 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 1475 | 1651 | 5968 | 6847 | 12 331 | 8783 | 16 091 |
| Profit for the year | 176 | 4317 | 879 | 5484 | −3548 | 12 308 | 3607 |
| Total equity | 4151 | 8468 | 9347 | 14 831 | 11 283 | 23 591 | 22 198 |
| Income statement | |||||||
| Sales revenue | 36 947 | 34 164 | 96 314 | 117 103 | 72 954 | 131 052 | 138 493 |
| Operating profit | 176 | 4317 | 880 | 5490 | −3548 | 12 308 | 3610 |
| EBITDA | 308 | 4449 | 1480 | 6457 | −3548 | 12 308 | — |
| Profit before income tax | 176 | 4317 | 879 | 5484 | −3548 | 12 308 | 3607 |
| Profit for the reporting year | 176 | 4317 | 879 | 5484 | −3548 | 12 308 | 3607 |
| Labour costs | 3771 | 2080 | 10 896 | 28 639 | 25 903 | 33 568 | 63 045 |
| Depreciation of non-current assets | 132 | 132 | 600 | 967 | 0 | 0 | — |
| Other indicators | |||||||
| Employees | 2 | 2 | 2 | 3 | 4 | 4 | 5 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 5000 |
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
Data from public registers, not a credit rating.
Connections graph
Public procurement
2 contractsPublic contracts won worth 0 € from 2 contracting authorities (–). Plus 2 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Rakvere vaprate koolinoorte mälestuseks loodava skulptuuri ideekonkurss | Rakvere Linnavalitsus | ||
| Tapa Vabadussõja mälestusmärgi ideekonkurss · joint bid | Tapa Vallavalitsus |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Kivi Kunst OÜ
Overview
Kivi Kunst OÜ (registry code 12555177) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 12 years. Registered location: Laagri alevik, Saue vald, Harju maakond. According to the latest annual report, the main activity is other artistic creation (EMTAK 90131). The company is registered for VAT (VAT number EE101697516).
Financial results
Revenue in financial year 2025 was 138 493 €, up 5,7% on the previous year (131 052 €). From 2019 to 2025, revenue grew by an average of 24,6% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 3607 € (2,6% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 5 employees (4 a year earlier). Revenue per employee was 27 699 €. At the end of financial year 2025, total assets were 32 660 € and equity 22 198 € (68,0% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 45 947 €, up 40,1% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 4500 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 640 € per month.
Management and owners
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
Data sources and freshness
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 15.04.2026. 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.