Kivimure OÜ

Registered
14397998Private limited company (OÜ)Founded 2017

Key figures

142 462 €+51,1%
Revenue 2025
+31,0%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: Kivimure OÜ

What kind of company is it?

Kivimure OÜ (registry code 14397998) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 8 years. Registered location: Mammaste küla, Põlva vald, Põlva maakond. According to the latest annual report, the main activity is other specialised construction activities n.e.c. (EMTAK 4399). The company is registered for VAT (VAT number EE102234428).

How is the company doing financially?

Revenue in financial year 2025 was 142 462 €, up 51,1% on the previous year (94 287 €). From 2019 to 2025, revenue grew by an average of 31,0% per year. This is the company's highest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 719 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 35 616 €. At the end of financial year 2025, total assets were 97 327 € and equity 2767 € (2,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 29 103 €, down 43,4% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 4003 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 780 € per month.

Who runs the company and who owns it?

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.

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 2025) was filed on 26.02.2026. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202629 103 €44003 €
Q2 202640 153 €43319 €
Q1 202629 447 €43683 €
Q4 202542 152 €35506 €
Q3 202551 408 €53957 €
Q2 202523 168 €23018 €
Q1 20257006 €43096 €

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

Summary of financial statements2021–2025
20212022202320242025
Sales revenue49 23998 31777 97994 287142 462
Net profit32672804−719
Retained earnings−178−146−79−77727
Total assets745140 97256 93567 84197 327
Total liabilities483838 29254 25364 35594 560
Total equity26132680268234862767
Employees13444
Average gross salary (monthly)1478670576805825
Calculated dividend00000

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 note6 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)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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50%50%Kivimure OÜ1Mikk KasemetsSiimo Tigasson
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

5 records

State aid and de minimis aid in total 4337 € (2020–2022). Largest grantors: Eesti Töötukassa (4316 €), Põllumajanduse Registrite ja Informatsiooni Amet (21 €).

Show all aid records (5)
202221 €
20214316 €
20200 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA1787 €31.07.2021
Eesti TöötukassaPalgatoetus VTA2529 €13.04.2021
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud0 €18.06.2020

The total also includes 2 tax reductions worth 21 € (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.

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