Kõrve Keskus OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 9360 € | — | 0 € |
| Q2 2026 | 11 064 € | — | 0 € |
| Q1 2026 | 299 671 € | — | 71 € |
| Q4 2025 | 1518 € | — | 33 172 € |
| Q3 2025 | 4975 € | 1 | 200 € |
| Q2 2025 | 47 412 € | 7 | 0 € |
| Q1 2025 | 56 312 € | 6 | 5446 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
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 | 24 397 | 41 551 | 70 335 | 639 678 | 660 683 | 579 649 | 437 928 |
| Total non-current assets | 230 431 | 388 969 | 1 058 505 | 1 221 507 | 1 656 435 | 1 818 576 | 1 851 648 |
| Total assets | 254 828 | 430 520 | 1 128 840 | 1 861 185 | 2 317 118 | 2 398 225 | 2 289 576 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 251 995 | 423 909 | 1 057 479 | 597 915 | 1 006 176 | 717 160 | 698 241 |
| Non-current liabilities | — | — | — | 32 378 | 0 | 100 833 | 8926 |
| Total liabilities | 251 995 | 423 909 | 1 057 479 | 630 293 | 1 006 176 | 817 993 | 707 167 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 0 | 333 | 4110 | −60 653 | 1 228 140 | 1 308 192 | 1 577 482 |
| Profit for the year | 333 | 3778 | 64 751 | 1 288 795 | 80 052 | 269 290 | 2177 |
| Reserves and other equity | — | — | — | 250 | 250 | 250 | 250 |
| Total equity | 2833 | 6611 | 71 361 | 1 230 892 | 1 310 942 | 1 580 232 | 1 582 409 |
| Income statement | |||||||
| Sales revenue | 17 936 | 28 248 | 121 698 | 1 811 402 | 405 565 | 1 497 618 | 245 832 |
| Operating profit | 333 | 4135 | 68 759 | 1 325 917 | 153 401 | 338 693 | 65 450 |
| EBITDA | 4832 | 12 108 | 77 156 | 1 332 521 | 172 837 | 350 051 | 82 854 |
| Profit before income tax | 333 | 3778 | 64 751 | 1 288 795 | 80 052 | 269 290 | 2177 |
| Profit for the reporting year | 333 | 3778 | 64 751 | 1 288 795 | 80 052 | 269 290 | 2177 |
| Labour costs | 0 | 0 | 0 | 0 | 40 319 | 169 887 | 81 946 |
| Depreciation of non-current assets | 4499 | 7973 | 8397 | 6604 | 19 436 | 11 358 | 17 404 |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 0 | 2 | 6 | 3 |
| Calculated dividend | — | 0 | 0 | 129 264 | 0 | 0 | 0 |
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 issue1 note4 clear
Data from public registers, not a credit rating.
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Summary: Kõrve Keskus OÜ
Overview
Kõrve Keskus OÜ (registry code 14719344) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE102157110).
Financial results
Revenue in financial year 2025 was 245 832 €, down 83,6% on the previous year (1 497 618 €). From 2019 to 2025, revenue grew by an average of 54,7% per year. Net profit for financial year 2025 was 2177 € (0,9% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 3 employees (6 a year earlier). Revenue per employee was 81 944 €. At the end of financial year 2025, total assets were 2 289 576 € and equity 1 582 409 € (69,1% of assets). Based on labour costs in the report, the estimated average gross salary was about 1700 € per month.
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 9360 €, up 88,1% on the same quarter a year earlier.
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 12.08.2026. 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.