Kortek Group OÜRegistered

16753569Private limited company (OÜ)Founded 2023

Key figures

158 963 €−60,7%
Revenue 2025
+0,3%
Average annual growth 2023–2025
0200 k400 k600 k202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202619 552 €13283 €
Q2 2026198 493 €12948 €
Q1 202629 072 €13179 €
Q4 202587 367 €14878 €
Q3 202527 751 €13568 €
Q2 202543 814 €13682 €
Q1 202518 771 €13306 €

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

Summary of financial statements2023–2025
202320242025
Balance sheet — assets
Total current assets48 82088 051102 779
Total non-current assets61 24680 61473 288
Total assets110 066168 665176 067
Balance sheet — liabilities and equity
Current liabilities11 97873575612
Non-current liabilities30 000500500
Total liabilities41 97878576112
Share capital100100100
Retained earnings of previous periods—67 989160 707
Profit for the year67 98892 7189148
Total equity68 088160 808169 955
Income statement
Sales revenue158 156404 750158 963
Operating profit67 96092 8259015
EBITDA69 714101 34520 803
Profit before income tax67 98892 7189148
Profit for the reporting year67 98892 7189148
Labour costs995641 97137 160
Depreciation of non-current assets1754852011 788
Other indicators
Employees222
Calculated dividend—00

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
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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

100%Kortek Group OÜTiina Jäärats1Märt Jäärats
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL

Loading list of reports…

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

Summary: Kortek Group OÜ

Overview

Kortek Group OÜ (registry code 16753569) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 3 years. Registered location: Jõõpre küla, Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is repair and maintenance of machinery and equipment (EMTAK 33121). The company is registered for VAT (VAT number EE102624818).

Financial results

Revenue in financial year 2025 was 158 963 €, down 60,7% on the previous year (404 750 €). Net profit for financial year 2025 was 9148 € (5,8% of revenue). The company was profitable in all 3 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 79 482 €. At the end of financial year 2025, total assets were 176 067 € and equity 169 955 € (96,5% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 19 552 €, down 29,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 3283 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2080 € per month.

Management and owners

The management board has 2 members. 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 24.06.2026. 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.

Related companies