Kanvel OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 33 252 € | 1 | 2629 € |
| Q2 2026 | 28 886 € | 1 | 2629 € |
| Q1 2026 | 34 411 € | 1 | 2614 € |
| Q4 2025 | 39 331 € | 1 | 2583 € |
| Q3 2025 | 34 900 € | 1 | 2583 € |
| Q2 2025 | 35 309 € | 1 | 2583 € |
| Q1 2025 | 28 495 € | 1 | 3325 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 37 999 € (51% 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 | 44 944 | 36 252 | 57 279 | 69 635 | 84 244 | 83 531 | 97 816 |
| Total non-current assets | 3497 | 10 835 | 7014 | 9750 | 8280 | 6042 | 4084 |
| Total assets | 48 441 | 47 087 | 64 293 | 79 385 | 92 524 | 89 573 | 101 900 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 5914 | 12 134 | 9420 | 9730 | 9931 | 12 384 | 15 737 |
| Non-current liabilities | — | — | 3565 | 1454 | 0 | — | — |
| Total liabilities | 5914 | 12 134 | 12 985 | 11 184 | 9931 | 12 384 | 15 737 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 24 135 | 26 027 | 32 453 | 38 808 | 41 701 | 50 093 | 36 690 |
| Profit for the year | 10 386 | 6426 | 16 355 | 26 893 | 38 392 | 24 596 | 46 973 |
| Reserves and other equity | 5506 | — | — | — | — | — | — |
| Total equity | 42 527 | 34 953 | 51 308 | 68 201 | 82 593 | 77 189 | 86 163 |
| Income statement | |||||||
| Sales revenue | 48 014 | 62 294 | 63 096 | 95 343 | 98 846 | 102 778 | 135 333 |
| Operating profit | 10 385 | 10 017 | 16 724 | 29 559 | 44 348 | 31 899 | 57 690 |
| EBITDA | 10 620 | 11 715 | 19 671 | 32 850 | 45 142 | 32 693 | 57 690 |
| Profit before income tax | 10 386 | 9849 | 16 355 | 29 313 | 44 254 | 31 901 | 57 691 |
| Profit for the reporting year | 10 386 | 6426 | 16 355 | 26 893 | 38 392 | 24 596 | 46 973 |
| Labour costs | 18 646 | 22 559 | 21 826 | 23 290 | 24 114 | 24 166 | 24 748 |
| Depreciation of non-current assets | 235 | 1698 | 2947 | 3291 | 794 | 794 | 0 |
| Other indicators | |||||||
| Employees | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 8494 | 0 | 10 000 | 24 000 | 30 000 | 37 999 |
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.
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Public procurement
1 contractsPublic contracts won worth 0 € from 1 contracting authorities (25.03.2024–25.03.2024).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Loome- ja ringmajanduskeskuse uue hoone püstitamisel OJV teenuse osutamine (kordushange) · joint bid | Sihtasutus Tallinna Ettevõtlusinkubaatorid | 34 384 € | 25.03.2024 |
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: Kanvel OÜ
Overview
Kanvel OÜ (registry code 14259121) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Karja küla, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is engineering design and consultancy for construction (EMTAK 71121). The company is registered for VAT (VAT number EE101972891).
Financial results
Revenue in financial year 2025 was 135 333 €, up 31,7% on the previous year (102 778 €). From 2019 to 2025, revenue grew by an average of 18,9% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 46 973 € (34,7% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 135 333 €. At the end of financial year 2025, total assets were 101 900 € and equity 86 163 € (84,6% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 33 252 €, down 4,7% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2629 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1710 € per month.
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 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.