Kalinest Group OÜ

Registered
14538695Private limited company (OÜ)Founded 2018
Annual report for 2025 not filed.

Key figures

89 527 €−41,6%
Revenue 2025
−17,7%
Average annual change 2018/19–2025
0100 k200 k300 k2018/19202020212022202320242025

Ratios

2024

Summary: Kalinest Group OÜ

What kind of company is it?

Kalinest Group OÜ (registry code 14538695) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Kükita küla, Mustvee vald, Jõgeva maakond. According to the latest annual report, the main activity is other excavation and earthmoving work (EMTAK 43129). The company is registered for VAT (VAT number EE102094066).

How is the company doing financially?

Revenue in financial year 2025 was 89 527 €, down 41,6% on the previous year (153 415 €). From 2018/19 to 2025, revenue declined by an average of 17,7% per year. This is the company's lowest revenue among the published years (2018/19–2025). Financial year 2024 ended with a loss of 29 320 €. The company was profitable in 4 of the 6 published financial years. In financial year 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 89 527 €. At the end of financial year 2024, total assets were 203 336 € and equity 77 715 € (38,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 8508 €, down 62,7% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2024 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 790 € 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?

The annual report for financial year 2025 has not been filed on time.

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. Latest register change: 04.11.2026. Financial figures come from annual reports; the latest report (financial year 2024) was filed on 14.09.2025. 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 20268508 €22024 €
Q2 202626 602 €21355 €
Q1 202641 905 €21473 €
Q4 202520 717 €21929 €
Q3 202522 811 €23263 €
Q2 202518 403 €12281 €
Q1 202526 964 €11311 €

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

Dividends

calculated
2024

No dividends were distributed.

History
20240 €
20230 €
202219 390 €
202121 000 €
20200 €
Summary of financial statements2020–2024
20202021202220232024
Sales revenue140 201256 236259 920267 595153 415
Net profit−10 79939 393170139 654−29 320
Retained earnings74 97643 17763 18064 881104 285
Total assets134 202140 190301 591285 271203 336
Total liabilities67 52555 120234 210178 236125 621
Total equity66 67785 07067 381107 03577 715
Employees22322
Average gross salary (monthly)9367778601094745
Calculated dividend021 00019 39000

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 issue6 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
2/3 filed
Not filed: 2025
Filed late: 2023, 2024
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
100%Kalinest Group OÜAndrus Kalinin
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

Change history

1 change
  • 04.11.2026Registry entry changed · activities

Entered in the register on 06.08.2018.

Source: Business Register change list and open data.

Annual reportsPDF, XBRL
YearFiles
2025DDOC/BDOCPDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

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

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