Niitmisteenus OÜRegistered

12645989Private limited company (OÜ)Founded 2014

Key figures

37 521 €−2,1%
Revenue 2025
+17,6%
Average annual growth 2019/20–2025
010 k20 k30 k40 k2019/20202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 k20 k30 k2019/20202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20267885 €—0 €
Q2 202617 292 €—0 €
Q1 20266508 €—0 €
Q4 202512 240 €—0 €
Q3 20254360 €—0 €
Q2 202516 559 €—0 €
Q1 20252457 €—0 €

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

Dividends

calculated
2025

No dividends were distributed.

History
dividend other equity decrease
20250 €
20220 €+2500 € other
20210 €
20200 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
2019/20202020212022202320242025
Balance sheet — assets
Total current assets322555341644677714 578799611 429
Total non-current assets12 98312 74296787863646520 82917 963
Total assets16 20818 27611 32214 64021 04328 82529 392
Balance sheet — liabilities and equity
Current liabilities889915 4588431680211 32617 41712 666
Non-current liabilities————950950950
Total liabilities889915 4588431680212 27618 36713 616
Share capital2500250025002500250025002500
Retained earnings of previous periods384809317391—876710 458
Profit for the year4771−449174744792916915318
Reserves and other equity———−2500—−2500−2500
Total equity7309281828917838876710 45815 776
Income statement
Sales revenue14 183340721 44125 24717 33638 30837 521
Operating profit4771−449174744792916915318
EBITDA7974−225931399261232743278184
Profit before income tax4771−449174744792916915318
Profit for the reporting year4771−449174744792916915318
Labour costs0000000
Depreciation of non-current assets3203223230651814139826362866
Other indicators
Employees0000000
Calculated dividend—000——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 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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%Niitmisteenus OÜKalmer Kütisaar
CompanyPersonShareholderOther roleAdditional link

Public procurement

4 contracts

Public contracts won worth 290 € from 1 contracting authorities (18.03.2006–26.10.2025).

TenderContracting authorityAmountAwarded
Lumetõrje teostamine Setomaa vallas aastatel 2025-2027 · Osa 9 Niitsiku ja Karisilla piirkondSetomaa Vallavalitsus65 €26.10.2025
Setomaa valla kruusateede suvine hööveldamine 2024-2025 · Osa 2 Mikitamäe piirkondSetomaa Vallavalitsus80 €08.05.2024
Lumetõrje teostamine Setomaa vallas aastatel 2023-2025 · Osa 9 Niitsiku ja Karisilla piirkondSetomaa Vallavalitsus65 €22.11.2023
Setomaa valla kruusateede suvine hööveldamine 2026-2028 · Osa 2 Mikitamäe piirkondSetomaa Vallavalitsus80 €18.03.2006

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL

Loading list of reports…

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

Summary: Niitmisteenus OÜ

Overview

Niitmisteenus OÜ (registry code 12645989) is a private limited company (OÜ). The company was entered in the Commercial Register in 2014 and has been registered for 12 years. Registered location: Mikitamäe küla, Setomaa vald, Võru maakond. According to the latest annual report, the main activity is landscape service activities (EMTAK 81301). The company is registered for VAT (VAT number EE101711191).

Financial results

Revenue in financial year 2025 was 37 521 €, down 2,1% on the previous year (38 308 €). From 2019/20 to 2025, revenue grew by an average of 17,6% per year. Net profit for financial year 2025 was 5318 € (14,2% of revenue). The company was profitable in 6 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 29 392 € and equity 15 776 € (53,7% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 7885 €, up 80,8% on the same quarter a year earlier.

Management and owners

The company has one management board member. The sole owner of the company is 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 22.04.2026. 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.

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