Osaühing KORDING

Active Registry code 10042755 OÜ Tallinn Registered 14 Jun 1996
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Osaühing KORDING is a OÜ based in Tallinn, registry code 10042755, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €338 713 with 4 employees.

Turnover
338 713 €
↑ 226.8% vs Q2 2026
State taxes
36 785 €
↑ 229.5% vs Q2 2026
Labour taxes
15 519 €
↑ 116.1% vs Q2 2026
Employees
4
±0 vs Q2 2026

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Turnover · Q3 2026 338 713 €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 3 880 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 534 495 €
    industry median 38 239 € · companies in the industry: 7 000
  • Net profit margin · 2025 0.3 %
    industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 338 713 € · +226.8% vs Q2 2026 · industry median 25 252 € · above 92% of the industry
0100200300400500Q4 2023 Company: 464 701 € Industry median: 26 427 €Q4·23Q1 2024 Company: 64 412 € Industry median: 19 618 €Q2 2024 Company: 247 444 € Industry median: 21 373 €Q2·24Q3 2024 Company: 140 745 € Industry median: 26 160 €Q4 2024 Company: 280 047 € Industry median: 25 496 €Q4·24Q1 2025 Company: 233 384 € Industry median: 19 568 €Q2 2025 Company: 133 593 € Industry median: 22 577 €Q2·25Q3 2025 Company: 184 559 € Industry median: 25 533 €Q4 2025 Company: 92 362 € Industry median: 25 721 €Q4·25Q1 2026 Company: 90 176 € Industry median: 20 483 €Q2 2026 Company: 103 648 € Industry median: 22 672 €Q2·26Q3 2026 Company: 338 713 € Industry median: 25 252 €Q3·260100200300400Q4 2024 Company: 280 047 € Industry median: 25 496 €Q1 2025 Company: 233 384 € Industry median: 19 568 €Q1·25Q2 2025 Company: 133 593 € Industry median: 22 577 €Q3 2025 Company: 184 559 € Industry median: 25 533 €Q3·25Q4 2025 Company: 92 362 € Industry median: 25 721 €Q1 2026 Company: 90 176 € Industry median: 20 483 €Q1·26Q2 2026 Company: 103 648 € Industry median: 22 672 €Q3 2026 Company: 338 713 € Industry median: 25 252 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 880 € · +116.1% vs Q2 2026 · industry median 1 211 € · above 94% of the industry
02 0004 0006 0008 000Q4 2023 Company: 6 151 € Industry median: 1 145 €Q4·23Q1 2024 Company: 2 753 € Industry median: 1 097 €Q2 2024 Company: 4 198 € Industry median: 1 083 €Q2·24Q3 2024 Company: 3 371 € Industry median: 1 142 €Q4 2024 Company: 3 186 € Industry median: 1 179 €Q4·24Q1 2025 Company: 3 685 € Industry median: 1 188 €Q2 2025 Company: 3 809 € Industry median: 1 149 €Q2·25Q3 2025 Company: 4 481 € Industry median: 1 208 €Q4 2025 Company: 1 860 € Industry median: 1 254 €Q4·25Q1 2026 Company: 1 908 € Industry median: 1 183 €Q2 2026 Company: 1 796 € Industry median: 1 166 €Q2·26Q3 2026 Company: 3 880 € Industry median: 1 211 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 3 186 € Industry median: 1 179 €Q1 2025 Company: 3 685 € Industry median: 1 188 €Q1·25Q2 2025 Company: 3 809 € Industry median: 1 149 €Q3 2025 Company: 4 481 € Industry median: 1 208 €Q3·25Q4 2025 Company: 1 860 € Industry median: 1 254 €Q1 2026 Company: 1 908 € Industry median: 1 183 €Q1·26Q2 2026 Company: 1 796 € Industry median: 1 166 €Q3 2026 Company: 3 880 € Industry median: 1 211 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 4 · +0.0% vs Q2 2026
01234Q4 2023 Company: 4Q4·23Q1 2024 Company: 4Q2 2024 Company: 4Q2·24Q3 2024 Company: 4Q4 2024 Company: 4Q4·24Q1 2025 Company: 4Q2 2025 Company: 4Q2·25Q3 2025 Company: 4Q4 2025 Company: 4Q4·25Q1 2026 Company: 4Q2 2026 Company: 4Q2·26Q3 2026 Company: 4Q3·2601234Q4 2024 Company: 4Q1 2025 Company: 4Q1·25Q2 2025 Company: 4Q3 2025 Company: 4Q3·25Q4 2025 Company: 4Q1 2026 Company: 4Q1·26Q2 2026 Company: 4Q3 2026 Company: 4Q3·26
State taxes, € Q3 2026: 36 785 € · +229.5% vs Q2 2026
020 00040 00060 00080 000100 000Q4 2023 Company: 85 146 €Q4·23Q1 2024 Company: 15 654 €Q2 2024 Company: 29 511 €Q2·24Q3 2024 Company: 20 664 €Q4 2024 Company: 28 038 €Q4·24Q1 2025 Company: 24 827 €Q2 2025 Company: 19 513 €Q2·25Q3 2025 Company: 18 968 €Q4 2025 Company: 14 883 €Q4·25Q1 2026 Company: 11 442 €Q2 2026 Company: 11 165 €Q2·26Q3 2026 Company: 36 785 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 28 038 €Q1 2025 Company: 24 827 €Q1·25Q2 2025 Company: 19 513 €Q3 2025 Company: 18 968 €Q3·25Q4 2025 Company: 14 883 €Q1 2026 Company: 11 442 €Q1·26Q2 2026 Company: 11 165 €Q3 2026 Company: 36 785 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 338 713 36 785 15 519 4
Q2 2026 103 648 11 165 7 182 4
Q1 2026 90 176 11 442 7 631 4
Q4 2025 92 362 14 883 7 440 4
Q3 2025 184 559 18 968 17 922 4
Q2 2025 133 593 19 513 15 235 4
Q1 2025 233 384 24 827 14 740 4
Q4 2024 280 047 28 038 12 744 4
Q3 2024 140 745 20 664 13 483 4
Q2 2024 247 444 29 511 16 791 4
Q1 2024 64 412 15 654 11 010 4
Q4 2023 464 701 85 146 24 604 4
Q3 2023 506 604 68 175 23 021 4
Q2 2023 168 294 38 655 15 373 5
Q1 2023 30 459 12 806 3 946 4
Q4 2022 322 859 63 076 19 715 4
Q3 2022 332 726 44 574 13 045 4
Q2 2022 292 562 20 866 17 618 4
Q1 2022 365 128 25 103 7 750 4
Labour taxes per employee per month
1 293 €
Turnover per employee in the quarter
84 678 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 534 495 € · −38.5% vs 2024 · industry median 38 239 € · above 90% of the industry
02505007501 0001 2502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 496 723 € Industry median: 38 887 €20192020 Company: 593 837 € Industry median: 35 421 €20202021 Company: 1 184 214 € Industry median: 38 277 €20212022 Company: 1 093 454 € Industry median: 39 545 €20222023 Company: 1 168 954 € Industry median: 37 262 €20232024 Company: 869 374 € Industry median: 37 686 €20242025 Company: 534 495 € Industry median: 38 239 €202502505007501 0001 2502018 Company: — Industry median: —2019 Company: 496 723 € Industry median: 38 887 €20192020 Company: 593 837 € Industry median: 35 421 €2021 Company: 1 184 214 € Industry median: 38 277 €20212022 Company: 1 093 454 € Industry median: 39 545 €2023 Company: 1 168 954 € Industry median: 37 262 €20232024 Company: 869 374 € Industry median: 37 686 €2025 Company: 534 495 € Industry median: 38 239 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 1 492 € · −99.3% vs 2024 · industry median 410 € · above 57% of the industry
-500501001502002502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 51 721 € Industry median: 643 €20192020 Company: 59 606 € Industry median: 281 €20202021 Company: 47 796 € Industry median: 315 €20212022 Company: -396 € Industry median: 398 €20222023 Company: 83 582 € Industry median: 253 €20232024 Company: 214 786 € Industry median: 108 €20242025 Company: 1 492 € Industry median: 410 €2025-500501001502002502018 Company: — Industry median: —2019 Company: 51 721 € Industry median: 643 €20192020 Company: 59 606 € Industry median: 281 €2021 Company: 47 796 € Industry median: 315 €20212022 Company: -396 € Industry median: 398 €2023 Company: 83 582 € Industry median: 253 €20232024 Company: 214 786 € Industry median: 108 €2025 Company: 1 492 € Industry median: 410 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.3 % · −24.4 pp vs the year before · industry median 3.5 % · above 34% of the industry
-505101520252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 10.4 % Industry median: 4.5 %20192020 Company: 10.0 % Industry median: 4.0 %20202021 Company: 4.0 % Industry median: 3.8 %20212022 Company: 0.0 % Industry median: 3.9 %20222023 Company: 7.2 % Industry median: 3.9 %20232024 Company: 24.7 % Industry median: 2.8 %20242025 Company: 0.3 % Industry median: 3.5 %2025-505101520252018 Company: — Industry median: —2019 Company: 10.4 % Industry median: 4.5 %20192020 Company: 10.0 % Industry median: 4.0 %2021 Company: 4.0 % Industry median: 3.8 %20212022 Company: 0.0 % Industry median: 3.9 %2023 Company: 7.2 % Industry median: 3.9 %20232024 Company: 24.7 % Industry median: 2.8 %2025 Company: 0.3 % Industry median: 3.5 %2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 808 489 € · +14.9% vs 2024
02004006008001 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 345 686 €20192020 Company: 394 260 €20202021 Company: 470 686 €20212022 Company: 334 039 €20222023 Company: 323 496 €20232024 Company: 703 653 €20242025 Company: 808 489 €202502004006008001 0002018 Company: —2019 Company: 345 686 €20192020 Company: 394 260 €2021 Company: 470 686 €20212022 Company: 334 039 €2023 Company: 323 496 €20232024 Company: 703 653 €2025 Company: 808 489 €2025
Equity, € thousand 2025: 471 949 € · −0.9% vs 2024
01002003004005002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 274 460 €20192020 Company: 298 710 €20202021 Company: 341 485 €20212022 Company: 244 089 €20222023 Company: 261 671 €20232024 Company: 476 457 €20242025 Company: 471 949 €202501002003004005002018 Company: —2019 Company: 274 460 €20192020 Company: 298 710 €2021 Company: 341 485 €20212022 Company: 244 089 €2023 Company: 261 671 €20232024 Company: 476 457 €2025 Company: 471 949 €2025
Employees 2025: 4 · +0.0% vs 2024 · industry median 2 · above 75% of the industry
0123452016 Company: 5 Industry median: —20162017 Company: 5 Industry median: —20172018 Company: 5 Industry median: 220182019 Company: 5 Industry median: 220192020 Company: 4 Industry median: 220202021 Company: 4 Industry median: 220212022 Company: 4 Industry median: 220222023 Company: 4 Industry median: 220232024 Company: 4 Industry median: 220242025 Company: 4 Industry median: 220250123452018 Company: 5 Industry median: 22019 Company: 5 Industry median: 220192020 Company: 4 Industry median: 22021 Company: 4 Industry median: 220212022 Company: 4 Industry median: 22023 Company: 4 Industry median: 220232024 Company: 4 Industry median: 22025 Company: 4 Industry median: 22025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (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 534 495 1 492 71 476 808 489 471 949 4
2024 869 374 214 786 130 692 703 653 476 457 4
2023 1 168 954 83 582 147 343 323 496 261 671 4
2022 1 093 454 -396 112 605 334 039 244 089 4
2021 1 184 214 47 796 148 728 470 686 341 485 4
2020 593 837 59 606 100 612 394 260 298 710 4
2019 496 723 51 721 127 612 345 686 274 460 5
2018 — — — — — 5
2017 — — — — — 5
2016 — — — — — 5
2015 — — — — — 8
2014 — — — — — 7
2013 — — — — — 5
2012 — — — — — 5
2011 — — — — — 9
2010 — — — — — 9
2009 — — — — — 9
2008 — — — — — 9
2007 — — — — — 11
2006 — — — — — 11
2005 — — — — — 18
2004 — — — — — 18
2003 — — — — — 18
2002 — — — — — 17
2001 — — — — — 17
2000 — — — — — 15
1999 — — — — — 11
1998 — — — — — 12
1997 — — — — — 11

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
0.3 %
Net profit / revenue
Return on equity (ROE)
0.3 %
Net profit / equity
Return on assets (ROA)
0.2 %
Net profit / assets
Equity ratio
58.4 %
Equity / assets
Debt ratio
41.6 %
Liabilities / assets
Current ratio
0.94
Current assets / current liabilities
Revenue per employee
133 624 €
Revenue / average full-time employees
Labour cost per employee per month
1 489 €
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 29 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 29 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 2 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 24 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 26 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 5 Jul 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
  • 46901Non-specialised wholesale trade
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
Ä 10002705 / 9
15 Apr 2025
Amendment entry In force
15 Apr 2025
PDF
Ä 10002705 / 8
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10002705 / 7
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10002705 / 6
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10002705 / 5
8 Sep 2016
Amendment entry In force
8 Sep 2016
PDF
Ä 10002705 / 4
13 Mar 2012
Amendment entry In force
13 Mar 2012
PDF
Ä 10002705 / M3
19 Jan 2012
Ruling to eliminate deficiencies 12 Mar 2012 In force
19 Jan 2012
PDF
Ä 2705 / 3
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
Ä 2705 / M2
3 Oct 2007
Fine for not filing the report In force
11 Oct 2007
PDF
Ä 2705 / M1
14 Sep 2006
Fine for not filing the report 2 Nov 2006 Deficiencies eliminated
23 Sep 2006
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data