AB Artes Terrae OÜRegistered

12978320Private limited company (OÜ)Founded 2016

Key figures

1 218 493 €+27,1%
Revenue 2025
+17,8%
Average annual growth 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026242 704 €1040 059 €
Q2 2026232 145 €1037 662 €
Q1 2026292 441 €1038 128 €
Q4 2025326 706 €1046 891 €
Q3 2025246 257 €1143 191 €
Q2 2025273 096 €1144 424 €
Q1 2025438 045 €1140 049 €

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
20250 €
2024120 000 €
202336 502 €
202252 000 €
2021197 385 €
202060 000 €

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

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets230 606496 261470 698470 678471 624336 966330 526
Total non-current assets3565273343559 85000—
Total assets234 171498 994471 133530 528471 624336 966330 526
Balance sheet — liabilities and equity
Current liabilities69 306167 852248 929325 447251 426218 232236 300
Non-current liabilities—81 90889 95486 11452 10564 7010
Total liabilities69 306249 760338 883411 561303 531282 933236 300
Share capital2502250225022502250225022502
Retained earnings of previous periods106 589102 36349 34777 74879 96345 59151 531
Profit for the year55 774144 36980 40138 71785 628594040 193
Total equity164 865249 234132 250118 967168 09354 03394 226
Income statement
Sales revenue455 932907 314772 571877 832904 200958 8751 218 493
Operating profit55 774159 369129 40350 82290 12522 14848 148
EBITDA58 072160 348131 70151 25790 56022 148—
Profit before income tax55 774159 369129 40350 82291 57025 37949 783
Profit for the reporting year55 774144 36980 40138 71785 628594040 193
Labour costs197 170249 968262 514294 310303 855272 101425 203
Depreciation of non-current assets229897922984354350—
Other indicators
Employees101012101099
Calculated dividend—60 000197 38552 00036 502120 0000

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 note4 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
Filed late: 2024
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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33,33%33,33%33,33%AB Artes Terrae OÜHeiki Kalberg3Mart HiobSulev Nurme
CompanyPersonShareholderOther roleAdditional link

Public procurement

32 contracts

Public contracts won worth 2 083 844 € from 22 contracting authorities (31.07.2023–19.05.2026). Plus 1 framework agreements shared with other suppliers (not included in the total).

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

Annual reportsPDF, XBRL

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

Summary: AB Artes Terrae OÜ

Overview

AB Artes Terrae OÜ (registry code 12978320) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 10 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is architectural activities (EMTAK 71111). The company is registered for VAT (VAT number EE101850971).

Financial results

Revenue in financial year 2025 was 1 218 493 €, up 27,1% on the previous year (958 875 €). From 2019 to 2025, revenue grew by an average of 17,8% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 40 193 € (3,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 9 employees. Revenue per employee was 135 388 €. At the end of financial year 2025, total assets were 330 526 € and equity 94 226 € (28,5% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 242 704 €, down 1,4% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 40 059 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2490 € per month.

Management and owners

The management board has 3 members. According to the register, the company has 3 owners. The largest stake (33,3%) 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 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.

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