K-Develop OÜ

Registered
14885054Private limited company (OÜ)Founded 2020

Key figures

178 500 €+160,2%
Revenue 2024/25
+49,5%
Average annual growth 2020–2024/25
0100 k200 k300 k20202020/212021/222022/232023/242024/25

Ratios

2024/25

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: K-Develop OÜ

What kind of company is it?

K-Develop OÜ (registry code 14885054) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is engineering activities and related technical consulting (EMTAK 7112). The company is registered for VAT (VAT number EE102221936).

How is the company doing financially?

Revenue in financial year 2024/25 was 178 500 €, up 160% on the previous year (68 600 €). From 2020 to 2024/25, revenue grew by an average of 49,5% per year. Net profit for financial year 2024/25 was 152 640 € (85,5% of revenue). The company was profitable in 5 of the 6 published financial years. In financial year 2024/25 the company had 1 employees. Revenue per employee was 178 500 €. At the end of financial year 2024/25, total assets were 310 389 € and equity 307 564 € (99,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 139 790 €, up 68,4% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1984 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1340 € 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.

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 2024/25) was filed on 02.03.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (64883XU392A716FONH26) comes from the GLEIF database. 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 2026139 790 €11984 €
Q2 2026132 607 €12160 €
Q1 202657 324 €12163 €
Q4 202545 538 €12285 €
Q3 202583 000 €12286 €
Q2 202551 000 €12261 €
Q1 202531 500 €12256 €

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
2020/212021/222022/232023/242024/25
Sales revenue163 650214 38028 00068 600178 500
Net profit15 12182 720−10 24944 574152 640
Retained earnings22 75837 879120 599110 350154 924
Total assets37 904125 110113 033156 469310 389
Total liabilities254511268315452825
Total equity37 879120 599110 350154 924307 564
Employees01111
Average gross salary (monthly)—57114389641453
Calculated dividend—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 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: 2025
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.

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100%K-Develop OÜ1Kaspar Kiis
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Annual reportsPDF, XBRL

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

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