Aktsiaselts Viimsi Keevitus

Active Registry code 10041320 AS Haabneeme alevik Registered 6 Jun 1996

Aktsiaselts Viimsi Keevitus is a AS based in Haabneeme alevik, registry code 10041320, status: active. Main activity: Construction of utility projects for fluids. According to EMTA, turnover for Q3 2026 was €4 898 784 with 37 employees.

Turnover

4 898 784 €

↓ 2.6% vs Q2 2026

State taxes

436 167 €

↑ 28.0% vs Q2 2026

Labour taxes

197 010 €

↑ 2.6% vs Q2 2026

Employees

−1 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Civil engineering · EMTAK 42

Turnover · Q3 2026 4.9 mn €

above 98% of companies

industry median 52 240 € · companies in the industry: 1 125
Labour taxes per employee 5 325 €

above 94% of companies

industry median 1 750 € · companies in the industry: 933
Revenue · 2025 18.1 mn €

above 98% of companies

industry median 88 960 € · companies in the industry: 1 426
Net profit margin · 2025 3.7 %

above 45% of companies

industry median 5.0 % · companies in the industry: 1 185

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 4 898 784 € · −2.6% vs Q2 2026 · industry median 52 240 € · above 98% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 325 € · +5.4% vs Q2 2026 · industry median 1 750 € · above 94% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 37 · −2.6% vs Q2 2026

State taxes, € thousand Q3 2026: 436 167 € · +28.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	4 898 784	436 167	197 010	37
Q2 2026	5 029 786	340 802	191 959	38
Q1 2026	4 317 524	396 967	193 293	38
Q4 2025	4 426 643	348 474	177 254	37
Q3 2025	5 977 699	599 497	195 973	36
Q2 2025	4 231 212	223 762	172 315	38
Q1 2025	3 077 052	440 028	228 993	37
Q4 2024	5 990 784	595 494	157 470	38
Q3 2024	4 891 189	402 833	157 474	38
Q2 2024	3 036 528	226 427	132 773	37
Q1 2024	2 928 363	385 891	168 458	33
Q4 2023	3 639 706	265 841	138 861	34
Q3 2023	3 240 693	287 882	158 751	34
Q2 2023	2 538 095	205 950	135 753	38
Q1 2023	3 497 273	427 636	135 555	36
Q4 2022	4 365 701	283 598	124 260	36
Q3 2022	4 346 896	224 379	144 000	35
Q2 2022	3 734 797	255 371	131 554	37
Q1 2022	3 952 841	411 312	127 477	35

Labour taxes per employee per month

1 775 €

Turnover per employee in the quarter

132 400 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 18 142 857 € · +8.3% vs 2024 · industry median 88 960 € · above 98% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 676 807 € · −69.7% vs 2024 · industry median 2 500 € · above 98% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 3.7 % · −9.6 pp vs the year before · industry median 5.0 % · above 45% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 19 239 347 € · +4.0% vs 2024

Equity, € thousand 2025: 17 590 703 € · +3.1% vs 2024

Employees 2025: 38 · +0.0% vs 2024 · industry median 2 · above 98% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	18 142 857	676 807	1 671 306	19 239 347	17 590 703	38
2024	16 753 524	2 231 988	1 563 941	18 504 827	17 063 896	38
2023	11 793 782	92 507	1 393 140	16 274 598	14 931 908	35
2022	16 506 676	779 318	1 202 690	16 747 040	14 989 400	36
2021	14 179 123	2 913 000	1 181 585	16 176 569	14 210 082	35
2020	13 625 056	394 897	981 105	13 815 920	11 297 082	0
2019	11 655 992	709 664	1 078 786	13 041 387	10 902 185	36
2018	—	—	—	—	—	35
2017	—	—	—	—	—	0
2016	—	—	—	—	—	40
2015	—	—	—	—	—	0
2014	—	—	—	—	—	37
2013	—	—	—	—	—	40
2012	—	—	—	—	—	42
2011	—	—	—	—	—	34
2010	—	—	—	—	—	36
2009	—	—	—	—	—	34
2008	—	—	—	—	—	35
2007	—	—	—	—	—	32
2006	—	—	—	—	—	24
2005	—	—	—	—	—	21
2004	—	—	—	—	—	18
2003	—	—	—	—	—	17
2002	—	—	—	—	—	15
2001	—	—	—	—	—	16

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

3.7 %

Net profit / revenue

Return on equity (ROE)

3.8 %

Net profit / equity

Return on assets (ROA)

3.5 %

Net profit / assets

Equity ratio

91.4 %

Equity / assets

Debt ratio

8.6 %

Liabilities / assets

Current ratio

11.30

Current assets / current liabilities

Revenue per employee

477 444 €

Revenue / average full-time employees

Labour cost per employee per month

3 665 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	8 Apr 2026	Consolidated · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	13 May 2025	Consolidated · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	14 May 2024	Consolidated · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	17 May 2023	Consolidated · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	26 May 2022	Consolidated · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	9 Jun 2021	Consolidated · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	20 May 2020	Consolidated · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
6	1 000 000 €	AS SEB Pank	8 Apr 2026 – in force
5	700 000 €	AS SEB Pank	11 Jul 2025 – in force
4	1 000 000 €	AS SEB Pank	18 Apr 2022 – in force
3	650 000 EEK	AS SEB Pank	26 Sep 2008 – in force
2	1 100 000 EEK	Aktsiaselts SEB Eesti Ühispank	20 Feb 2006 – in force
1	3 300 000 EEK	Aktsiaselts Eesti Ühispank	23 Feb 2005 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Jaak Ritso
Board member · since 6 Jun 1996
Diana Aiaots
Board member · since 17 Aug 2021

Right of representation

Any member of the management board may represent the public limited company in all transactions.

Owners

No owner information.

Owner in

Osaühing Viimsi Keevitus Kinnisvara
100%

Beneficial owners

Jaak Ritso
Direct ownership · since 3 Sep 2018

Founders and other persons

Grant Thornton Baltic OÜ
Audit firm · 21 Oct 2019
Andres Saar
Supervisory board member · 10 Jul 2019
Ago Rebane
Supervisory board member · 16 Jul 2021
Urmas Kibe
Supervisory board member · 21 Oct 2022
Omanikukonto: JAAK RITSO
Shareholder · 25 664 € · 16 Aug 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

4221Construction of utility projects for fluids Main
43222Installation, maintenance and repair of plumbing and sanitary equipment
71121Constructional engineering-technical designing and consulting

Rulings 18

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
K 10002507 / 16 8 Apr 2026	Commercial pledge entered		In force 8 Apr 2026	PDF
K 10002507 / 15 11 Jul 2025	Commercial pledge entered		In force 11 Jul 2025	PDF
K 10002507 / 14 18 Apr 2022	Commercial pledge entered		In force 18 Apr 2022	PDF
Ä 10002507 / 13 17 Aug 2021	Amendment entry		In force 17 Aug 2021	PDF
Ä 10002507 / 12 19 Aug 2019	Second (constitutive) merger entry		In force 19 Aug 2019	PDF
Ä 10002507 / 11 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10002507 / 10 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10002507 / 9 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10002507 / 8 25 Jan 2016	Second (constitutive) merger entry		In force 25 Jan 2016	PDF
Ä 10002507 / 7 13 Dec 2010	Amendment entry		In force 13 Dec 2010	PDF
Ä 10002507 / M3 6 Dec 2010	Ruling to eliminate deficiencies	20 Jan 2011	In force 6 Dec 2010	PDF
Ä 2507 / 6 3 Dec 2008	Deletion of activities from the registry card		In force 22 Dec 2008	PDF
K 86596 / 3 26 Sep 2008	Commercial pledge entered		In force 26 Sep 2008	PDF
K 86596 / 2 20 Feb 2006	Commercial pledge entered		In force 20 Feb 2006	PDF
Ä 2507 / 5 17 Jun 2005	Amendment entry		In force	PDF
Ä 2507 / M2 1 Jun 2005	Ruling to eliminate deficiencies (to be served)	30 Jun 2005	In force	PDF
K 86596 23 Feb 2005	Commercial pledge entered		In force	PDF
Ä 2507 / 4 6 May 2003	Entry decision on the register’s own initiative		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

Aktsiaselts Viimsi Keevitus

Position in the industry Civil engineering · EMTAK 42

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 18