aktsiaselts EHITUSFIRMA RAND JA TUULBERG

Active Registry code 10086190 AS Tartu linn Registered 6 Sep 1996
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aktsiaselts EHITUSFIRMA RAND JA TUULBERG is a AS based in Tartu linn, registry code 10086190, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €19 356 488 with 68 employees.

Turnover
19 356 488 €
↑ 10.5% vs Q2 2026
State taxes
720 673 €
↓ 3.7% vs Q2 2026
Labour taxes
382 268 €
↑ 10.6% vs Q2 2026
Employees
68
+1 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 19.4 mn €
    industry median 25 270 € · companies in the industry: 4 695
  • Labour taxes per employee 5 622 €
    industry median 1 210 € · companies in the industry: 4 132
  • Revenue · 2025 59.2 mn €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 1.3 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 19 356 488 € · +10.5% vs Q2 2026 · industry median 25 270 € · above 98% of the industry
05 00010 00015 00020 000Q4 2023 Company: 19 010 757 € Industry median: 26 424 €Q4·23Q1 2024 Company: 17 879 785 € Industry median: 19 618 €Q2 2024 Company: 14 078 713 € Industry median: 21 324 €Q2·24Q3 2024 Company: 11 941 099 € Industry median: 26 130 €Q4 2024 Company: 12 986 592 € Industry median: 25 496 €Q4·24Q1 2025 Company: 14 016 025 € Industry median: 19 559 €Q2 2025 Company: 14 612 593 € Industry median: 22 569 €Q2·25Q3 2025 Company: 14 103 510 € Industry median: 25 546 €Q4 2025 Company: 13 456 430 € Industry median: 25 754 €Q4·25Q1 2026 Company: 12 580 747 € Industry median: 20 492 €Q2 2026 Company: 17 514 180 € Industry median: 22 677 €Q2·26Q3 2026 Company: 19 356 488 € Industry median: 25 270 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 12 986 592 € Industry median: 25 496 €Q1 2025 Company: 14 016 025 € Industry median: 19 559 €Q1·25Q2 2025 Company: 14 612 593 € Industry median: 22 569 €Q3 2025 Company: 14 103 510 € Industry median: 25 546 €Q3·25Q4 2025 Company: 13 456 430 € Industry median: 25 754 €Q1 2026 Company: 12 580 747 € Industry median: 20 492 €Q1·26Q2 2026 Company: 17 514 180 € Industry median: 22 677 €Q3 2026 Company: 19 356 488 € Industry median: 25 270 €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: 5 622 € · +9.0% vs Q2 2026 · industry median 1 210 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 5 166 € Industry median: 1 145 €Q4·23Q1 2024 Company: 5 761 € Industry median: 1 097 €Q2 2024 Company: 5 217 € Industry median: 1 083 €Q2·24Q3 2024 Company: 5 683 € Industry median: 1 142 €Q4 2024 Company: 5 753 € Industry median: 1 179 €Q4·24Q1 2025 Company: 6 665 € Industry median: 1 188 €Q2 2025 Company: 6 580 € Industry median: 1 149 €Q2·25Q3 2025 Company: 5 724 € Industry median: 1 208 €Q4 2025 Company: 5 917 € Industry median: 1 254 €Q4·25Q1 2026 Company: 5 772 € Industry median: 1 183 €Q2 2026 Company: 5 159 € Industry median: 1 166 €Q2·26Q3 2026 Company: 5 622 € Industry median: 1 210 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 5 753 € Industry median: 1 179 €Q1 2025 Company: 6 665 € Industry median: 1 188 €Q1·25Q2 2025 Company: 6 580 € Industry median: 1 149 €Q3 2025 Company: 5 724 € Industry median: 1 208 €Q3·25Q4 2025 Company: 5 917 € Industry median: 1 254 €Q1 2026 Company: 5 772 € Industry median: 1 183 €Q1·26Q2 2026 Company: 5 159 € Industry median: 1 166 €Q3 2026 Company: 5 622 € Industry median: 1 210 €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: 68 · +1.5% vs Q2 2026
020406080Q4 2023 Company: 53Q4·23Q1 2024 Company: 51Q2 2024 Company: 52Q2·24Q3 2024 Company: 50Q4 2024 Company: 50Q4·24Q1 2025 Company: 52Q2 2025 Company: 56Q2·25Q3 2025 Company: 62Q4 2025 Company: 61Q4·25Q1 2026 Company: 65Q2 2026 Company: 67Q2·26Q3 2026 Company: 68Q3·26020406080Q4 2024 Company: 50Q1 2025 Company: 52Q1·25Q2 2025 Company: 56Q3 2025 Company: 62Q3·25Q4 2025 Company: 61Q1 2026 Company: 65Q1·26Q2 2026 Company: 67Q3 2026 Company: 68Q3·26
State taxes, € thousand Q3 2026: 720 673 € · −3.7% vs Q2 2026
02505007501 0001 250Q4 2023 Company: 506 863 €Q4·23Q1 2024 Company: 853 539 €Q2 2024 Company: 534 378 €Q2·24Q3 2024 Company: 764 679 €Q4 2024 Company: 1 166 029 €Q4·24Q1 2025 Company: 673 453 €Q2 2025 Company: 454 023 €Q2·25Q3 2025 Company: 825 722 €Q4 2025 Company: 61 518 €Q4·25Q1 2026 Company: 720 947 €Q2 2026 Company: 748 292 €Q2·26Q3 2026 Company: 720 673 €Q3·2602505007501 0001 250Q4 2024 Company: 1 166 029 €Q1 2025 Company: 673 453 €Q1·25Q2 2025 Company: 454 023 €Q3 2025 Company: 825 722 €Q3·25Q4 2025 Company: 61 518 €Q1 2026 Company: 720 947 €Q1·26Q2 2026 Company: 748 292 €Q3 2026 Company: 720 673 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 19 356 488 720 673 382 268 68
Q2 2026 17 514 180 748 292 345 647 67
Q1 2026 12 580 747 720 947 375 204 65
Q4 2025 13 456 430 61 518 360 930 61
Q3 2025 14 103 510 825 722 354 862 62
Q2 2025 14 612 593 454 023 368 480 56
Q1 2025 14 016 025 673 453 346 560 52
Q4 2024 12 986 592 1 166 029 287 656 50
Q3 2024 11 941 099 764 679 284 154 50
Q2 2024 14 078 713 534 378 271 305 52
Q1 2024 17 879 785 853 539 293 797 51
Q4 2023 19 010 757 506 863 273 798 53
Q3 2023 19 930 843 903 220 306 606 51
Q2 2023 15 831 122 650 965 288 354 61
Q1 2023 14 280 495 659 403 281 282 55
Q4 2022 11 613 496 798 033 247 875 56
Q3 2022 5 475 316 260 455 225 742 57
Q2 2022 12 314 702 1 378 802 232 305 48
Q1 2022 5 722 484 258 995 217 766 49
Labour taxes per employee per month
1 874 €
Turnover per employee in the quarter
284 654 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 59 218 307 € · +15.8% vs 2024 · industry median 38 239 € · above 98% of the industry
020 00040 00060 00080 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 51 485 791 € Industry median: 38 891 €20192020 Company: 42 035 008 € Industry median: 35 433 €20202021 Company: 25 813 731 € Industry median: 38 322 €20212022 Company: 31 077 698 € Industry median: 39 545 €20222023 Company: 71 714 914 € Industry median: 37 262 €20232024 Company: 51 119 618 € Industry median: 37 693 €20242025 Company: 59 218 307 € Industry median: 38 239 €2025020 00040 00060 00080 0002018 Company: — Industry median: —2019 Company: 51 485 791 € Industry median: 38 891 €20192020 Company: 42 035 008 € Industry median: 35 433 €2021 Company: 25 813 731 € Industry median: 38 322 €20212022 Company: 31 077 698 € Industry median: 39 545 €2023 Company: 71 714 914 € Industry median: 37 262 €20232024 Company: 51 119 618 € Industry median: 37 693 €2025 Company: 59 218 307 € 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: 791 549 € · +26.2% vs 2024 · industry median 411 € · above 98% of the industry
05001 0001 5002 0002 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 259 721 € Industry median: 643 €20192020 Company: 1 643 774 € Industry median: 282 €20202021 Company: 223 617 € Industry median: 315 €20212022 Company: 19 534 € Industry median: 398 €20222023 Company: 2 242 078 € Industry median: 253 €20232024 Company: 627 434 € Industry median: 108 €20242025 Company: 791 549 € Industry median: 411 €202505001 0001 5002 0002 5002018 Company: — Industry median: —2019 Company: 1 259 721 € Industry median: 643 €20192020 Company: 1 643 774 € Industry median: 282 €2021 Company: 223 617 € Industry median: 315 €20212022 Company: 19 534 € Industry median: 398 €2023 Company: 2 242 078 € Industry median: 253 €20232024 Company: 627 434 € Industry median: 108 €2025 Company: 791 549 € Industry median: 411 €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: 1.3 % · +0.1 pp vs the year before · industry median 3.5 % · above 41% of the industry
0123452016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2.4 % Industry median: 4.5 %20192020 Company: 3.9 % Industry median: 4.0 %20202021 Company: 0.9 % Industry median: 3.8 %20212022 Company: 0.1 % Industry median: 3.9 %20222023 Company: 3.1 % Industry median: 3.9 %20232024 Company: 1.2 % Industry median: 2.8 %20242025 Company: 1.3 % Industry median: 3.5 %20250123452018 Company: — Industry median: —2019 Company: 2.4 % Industry median: 4.5 %20192020 Company: 3.9 % Industry median: 4.0 %2021 Company: 0.9 % Industry median: 3.8 %20212022 Company: 0.1 % Industry median: 3.9 %2023 Company: 3.1 % Industry median: 3.9 %20232024 Company: 1.2 % Industry median: 2.8 %2025 Company: 1.3 % 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: 26 160 482 € · +1.5% vs 2024
010 00020 00030 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 28 018 821 €20192020 Company: 21 689 135 €20202021 Company: 24 875 939 €20212022 Company: 25 583 571 €20222023 Company: 28 106 697 €20232024 Company: 25 785 129 €20242025 Company: 26 160 482 €2025010 00020 00030 0002018 Company: —2019 Company: 28 018 821 €20192020 Company: 21 689 135 €2021 Company: 24 875 939 €20212022 Company: 25 583 571 €2023 Company: 28 106 697 €20232024 Company: 25 785 129 €2025 Company: 26 160 482 €2025
Equity, € thousand 2025: 16 087 712 € · +5.0% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 14 233 186 €20192020 Company: 15 699 960 €20202021 Company: 15 602 277 €20212022 Company: 15 535 111 €20222023 Company: 16 960 439 €20232024 Company: 15 315 951 €20242025 Company: 16 087 712 €202505 00010 00015 00020 0002018 Company: —2019 Company: 14 233 186 €20192020 Company: 15 699 960 €2021 Company: 15 602 277 €20212022 Company: 15 535 111 €2023 Company: 16 960 439 €20232024 Company: 15 315 951 €2025 Company: 16 087 712 €2025
Employees 2025: 63 · −17.1% vs 2024 · industry median 2 · above 98% of the industry
0204060801002016 Company: 77 Industry median: —20162017 Company: 71 Industry median: —20172018 Company: 91 Industry median: 220182019 Company: 0 Industry median: 220192020 Company: 53 Industry median: 220202021 Company: 51 Industry median: 220212022 Company: 84 Industry median: 220222023 Company: 97 Industry median: 220232024 Company: 76 Industry median: 220242025 Company: 63 Industry median: 220250204060801002018 Company: 91 Industry median: 22019 Company: 0 Industry median: 220192020 Company: 53 Industry median: 22021 Company: 51 Industry median: 220212022 Company: 84 Industry median: 22023 Company: 97 Industry median: 220232024 Company: 76 Industry median: 22025 Company: 63 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, € Assets, € Equity, € Employees
2025 59 218 307 791 549 26 160 482 16 087 712 63
2024 51 119 618 627 434 25 785 129 15 315 951 76
2023 71 714 914 2 242 078 28 106 697 16 960 439 97
2022 31 077 698 19 534 25 583 571 15 535 111 84
2021 25 813 731 223 617 24 875 939 15 602 277 51
2020 42 035 008 1 643 774 21 689 135 15 699 960 53
2019 51 485 791 1 259 721 28 018 821 14 233 186 0
2018 — — — — 91
2017 — — — — 71
2016 — — — — 77
2015 — — — — 0
2014 — — — — 0
2013 — — — — 0
2012 — — — — 0
2011 — — — — 201
2008 — — — — 255
2007 — — — — 256
2005 — — — — 101
2004 — — — — 90
2003 — — — — 77
2002 — — — — 72
2001 — — — — 94
2000 — — — — 123
1999 — — — — 137
1998 — — — — 141
1997 — — — — 127

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
1.3 %
Net profit / revenue
Return on equity (ROE)
4.9 %
Net profit / equity
Return on assets (ROA)
3.0 %
Net profit / assets
Equity ratio
61.5 %
Equity / assets
Debt ratio
38.5 %
Liabilities / assets
Current ratio
1.52
Current assets / current liabilities
Revenue per employee
939 973 €
Revenue / average full-time employees

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 2026 Consolidated · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 25 Jun 2024 Consolidated · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Consolidated · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Consolidated · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Consolidated · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 18 Aug 2020 Consolidated · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
8 1 000 000 € AS SEB Pank 1 Sep 2026 – in force
4 16 500 000 EEK AS SEB Pank 22 Jan 2010 – in force
3 10 000 000 EEK AS SEB Pank 17 Apr 2008 – in force
2 10 000 000 EEK Aktsiaselts SEB Eesti Ühispank 8 Jun 2007 – in force
1 13 500 000 EEK Aktsiaselts SEB Eesti Ühispank 5 Aug 1997 – in force

Board

Right of representation

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

Owners

No owner information.

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
K 20001991 / 31
1 Sep 2026
Commercial pledge entered In force
1 Sep 2026
PDF
Ä 20001991 / 30
10 Apr 2024
Amendment entry In force
10 Apr 2024
PDF
Ä 20001991 / M11
26 Mar 2024
Ruling to eliminate deficiencies 11 Apr 2024 Deficiencies eliminated
10 Apr 2024
PDF
Ä 20001991 / 29
8 Jan 2024
Amendment entry In force
8 Jan 2024
PDF
Ä 20001991 / M10
27 Oct 2020
Ruling to correct data outside an entry 26 Nov 2020 Deficiencies eliminated
28 Oct 2020
PDF
K 20001991 / 28
28 Sep 2020
Commercial pledge deleted In force
28 Sep 2020
PDF
K 20001991 / 27
28 Sep 2020
Commercial pledge deleted In force
28 Sep 2020
PDF
K 20001991 / 26
28 Sep 2020
Commercial pledge deleted In force
28 Sep 2020
PDF
Ä 20001991 / 25
27 Aug 2020
Amendment under Commercial Code § 525 (2) In force
27 Aug 2020
PDF
Ä 20001991 / 24
5 Apr 2019
Amendment entry In force
5 Apr 2019
PDF
Ä 20001991 / M9
2 Apr 2019
Ruling to correct data outside an entry 17 Apr 2019 Deficiencies eliminated
3 Apr 2019
PDF
K 20001991 / 23
12 Mar 2018
Commercial pledge amended In force
12 Mar 2018
PDF
K 20001991 / 22
12 Mar 2018
Commercial pledge amended In force
12 Mar 2018
PDF
K 20001991 / 21
12 Mar 2018
Commercial pledge amended In force
12 Mar 2018
PDF
Ä 20001991 / 20
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20001991 / 19
5 Dec 2017
Amendment entry In force
5 Dec 2017
PDF
Ä 20001991 / 18
16 Nov 2017
Amendment entry In force
16 Nov 2017
PDF
Ä 20001991 / 17
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20001991 / 16
29 Sep 2014
Division entry (second, constitutive) In force
29 Sep 2014
PDF
Ä 20001991 / M8
18 Sep 2014
Ruling to eliminate deficiencies 18 Oct 2014 Deficiencies eliminated
29 Sep 2014
PDF
K 20001991 / 15
6 Jun 2014
Commercial pledge entered In force
6 Jun 2014
PDF
K 20001991 / 14
28 May 2014
Commercial pledge amended In force
28 May 2014
PDF
K 20006983 / 10
26 Jun 2012
Commercial pledge entered In force
26 Jun 2012
PDF
K 20006983 / M2
25 Jun 2012
Ruling to eliminate deficiencies 2 Jul 2012 In force
25 Jun 2012
PDF
K 20006983 / 9
2 Apr 2012
Commercial pledge entered In force
2 Apr 2012
PDF
Ä 20001991 / M7
31 May 2011
Ruling to be served 1 Jul 2011 Deficiencies eliminated
3 Jun 2011
PDF
Ä 20001991 / 13
17 Jan 2011
Amendment entry In force
17 Jan 2011
PDF
Ä 20001991 / M6
8 Oct 2010
Ruling to eliminate deficiencies In force
8 Oct 2010
PDF
Ä 20001991 / 12
1 Oct 2010
Second (constitutive) merger entry In force
1 Oct 2010
PDF
Ä 20001991 / M5
27 Aug 2010
Ruling to be served In force
30 Aug 2010
PDF
Ä 20001991 / M4
28 Apr 2010
Ruling to eliminate deficiencies 28 May 2010 In force
28 Apr 2010
PDF
Ä 20001991 / 11
19 Mar 2010
Amendment entry In force
19 Mar 2010
PDF
K 6983 / 8
22 Jan 2010
Commercial pledge entered In force
22 Jan 2010
PDF
Ä 1991 / 10
14 Jan 2010
Amendment entry In force
14 Jan 2010
PDF
Ä 1991 / M3
6 Jan 2010
Ruling to eliminate deficiencies 10 Feb 2010 In force
6 Jan 2010
PDF
Ä 1991 / 9
28 Dec 2008
Deletion of activities from the registry card In force
28 Dec 2008
PDF
Ä 1991 / 8
11 Aug 2008
Amendment entry In force
11 Aug 2008
PDF
Ä 1991 / 7
19 Jun 2008
Amendment entry In force
19 Jun 2008
PDF
Ä 1991 / M2
5 Jun 2008
Ruling to eliminate deficiencies (to be served) 9 Jul 2008 In force
9 Jun 2008
PDF
K 6983 / 7
17 Apr 2008
Commercial pledge entered In force
17 Apr 2008
PDF
K 6983 / M1
14 Apr 2008
Ruling to eliminate deficiencies (to be served) 15 May 2008 In force
15 Apr 2008
PDF
K 6983 / 6
8 Jun 2007
Commercial pledge entered In force
8 Jun 2007
PDF
K 6983 / 5
31 Jan 2006
Commercial pledge amended In force
31 Jan 2006
PDF
K 6983 / 4
6 Dec 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
K 6983 / 3
16 Jan 2004
Commercial pledge amended In force PDF
K 6983 / 2
27 Jan 2003
Commercial pledge amended In force PDF
Ä 1991 / 6
1 Apr 2002
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data