KIVIARKS Ehitus OÜ
RegisteredKey figures
Ratios
2023Summary: KIVIARKS Ehitus OÜ
What kind of company is it?
KIVIARKS Ehitus OÜ (registry code 12669820) 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: Kiviõli linn, Lüganuse vald, Ida-Viru maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41201).
How is the company doing financially?
Revenue in financial year 2023 was 162 954 €, up 9,8% on the previous year (148 431 €). From 2019 to 2023, revenue grew by an average of 12,0% per year. This is the company's highest revenue among the published years (2019–2023). Net profit for financial year 2023 was 26 149 € (16,0% of revenue). The company was profitable in 3 of the 5 published financial years. In financial year 2023 the company had 3 employees (2 a year earlier). Revenue per employee was 54 318 €. At the end of financial year 2023, total assets were 101 911 € and equity 94 052 € (92,3% of assets). Based on labour costs in the report, the estimated average gross salary was about 660 € 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?
2 annual reports have not been filed on time, the latest for financial year 2025.
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 2023) was filed on 30.06.2024. 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 | — | — | 533 € |
| Q3 2025 | — | 1 | — |
| Q2 2025 | — | 1 | 58 € |
| Q1 2025 | 11 927 € | — | 1070 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 12 000 € (16% of distributable profit).
Summary of financial statements2019–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales revenue | 103 452 | 118 493 | 159 170 | 148 431 | 162 954 |
| Net profit | −2132 | −1860 | 28 605 | 18 574 | 26 149 |
| Retained earnings | 34 215 | 32 083 | 30 223 | 58 829 | 65 403 |
| Total assets | 37 660 | 38 072 | 66 672 | 83 298 | 101 911 |
| Total liabilities | 3077 | 5349 | 5344 | 3395 | 7859 |
| Total equity | 34 583 | 32 723 | 61 328 | 79 903 | 94 052 |
| Employees | 1 | 1 | 1 | 2 | 3 |
| Average gross salary (monthly) | 558 | 521 | — | 607 | 656 |
| Calculated dividend | — | 0 | 0 | 0 | 12 000 |
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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State aid and grants
4 recordsState aid and de minimis aid in total 8901 € (2018–2020). Largest grantors: Eesti Töötukassa (8900 €), Põllumajanduse Registrite ja Informatsiooni Amet (2 €).
Show all aid records (4)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 1812 € | 26.01.2020 |
| Eesti Töötukassa | Palgatoetus VTA | 2216 € | 17.10.2019 |
| Eesti Töötukassa | Palgatoetus VTA | 4872 € | 18.04.2018 |
The total also includes 1 tax reductions worth 2 € (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.