OÜ Kitman ColdtechRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1 586 569 € | 15 | 89 244 € |
| Q2 2026 | 1 343 691 € | 15 | 95 291 € |
| Q1 2026 | 2 024 224 € | 14 | 89 564 € |
| Q4 2025 | 2 337 487 € | 12 | 77 730 € |
| Q3 2025 | 1 248 636 € | 13 | 75 013 € |
| Q2 2025 | 731 684 € | 12 | 87 409 € |
| Q1 2025 | 902 023 € | 14 | 71 829 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 500 000 € (44% of distributable profit).
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2022–2025
| 2021/22 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 1 722 135 | 2 042 429 | 1 545 414 | 1 969 852 |
| Total non-current assets | 22 522 | 17 547 | 11 952 | 11 497 |
| Total assets | 1 744 657 | 2 059 976 | 1 557 366 | 1 981 349 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 438 751 | 331 864 | 300 045 | 756 282 |
| Non-current liabilities | — | — | — | — |
| Total liabilities | 438 751 | 331 864 | 300 045 | 756 282 |
| Share capital | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 178 691 | 600 897 | 630 106 |
| Profit for the year | 1 178 691 | 1 422 206 | 529 209 | 467 746 |
| Reserves and other equity | — | 124 715 | 124 715 | 124 715 |
| Total equity | 1 305 906 | 1 728 112 | 1 257 321 | 1 225 067 |
| Income statement | ||||
| Sales revenue | 5 005 621 | 8 563 847 | 6 225 422 | 4 811 916 |
| Operating profit | 1 174 228 | 1 657 412 | 712 523 | 586 265 |
| EBITDA | — | 1 663 523 | 718 785 | 591 912 |
| Profit before income tax | 1 178 691 | 1 672 206 | 750 139 | 608 772 |
| Profit for the reporting year | 1 178 691 | 1 422 206 | 529 209 | 467 746 |
| Labour costs | 626 662 | 801 765 | 757 916 | 766 542 |
| Depreciation of non-current assets | — | 6111 | 6262 | 5647 |
| Other indicators | ||||
| Employees | 11 | 14 | 14 | 12 |
| Calculated dividend | — | — | 1 000 000 | 500 000 |
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 160 000 € from 1 contracting authorities (04.04.2025–04.04.2025).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| AHHAA külmamasina renoveerimine | Sihtasutus Teaduskeskus Ahhaa | 160 000 € | 04.04.2025 |
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: OÜ Kitman Coldtech
Overview
OÜ Kitman Coldtech (registry code 16394521) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 and has been registered for 4 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is installation of industrial machinery and equipment (EMTAK 33201). The company is registered for VAT (VAT number EE102447626).
Financial results
Revenue in financial year 2025 was 4 811 916 €, down 22,7% on the previous year (6 225 422 €). From 2021/22 to 2025, revenue declined by an average of 1,3% per year. This is the company's lowest revenue among the published years (2021/22–2025). Net profit for financial year 2025 was 467 746 € (9,7% of revenue). The company was profitable in all 4 published financial years. In financial year 2025 the company had 12 employees (14 a year earlier). Revenue per employee was 400 993 €. At the end of financial year 2025, total assets were 1 981 349 € and equity 1 225 067 € (61,8% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 1 586 569 €, up 27,1% on the same quarter a year earlier. The company had 15 employees in that quarter. Labour taxes paid in the quarter: 89 244 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3590 € per month.
Management and owners
The company has one management board member. The supervisory board has 4 members. The sole owner of the company is Kitman Thulema AS.
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.