aktsiaselts PÕLVA VESI

Active Registry code 10151183 AS Põlva linn Registered 15 Apr 1997
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aktsiaselts PÕLVA VESI is a AS based in Põlva linn, registry code 10151183, status: active. Main activity: Sewerage and wastewater management. According to EMTA, turnover for Q3 2026 was €503 237 with 14 employees.

Turnover
503 237 €
↑ 0.2% vs Q2 2026
State taxes
133 956 €
↓ 0.7% vs Q2 2026
Labour taxes
52 309 €
↓ 2.2% vs Q2 2026
Employees
14
±0 vs Q2 2026

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

Position in the industry Sewerage · EMTAK 37

  • Turnover · Q3 2026 503 237 €
    industry median 120 838 € · companies in the industry: 97
  • Labour taxes per employee 3 736 €
    industry median 2 776 € · companies in the industry: 82
  • Revenue · 2025 1.6 mn €
    industry median 81 824 € · companies in the industry: 130
  • Net profit margin · 2025 25.8 %
    industry median 1.8 % · companies in the industry: 115

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 503 237 € · +0.2% vs Q2 2026 · industry median 120 838 € · above 80% of the industry
0200400600Q4 2023 Company: 415 588 € Industry median: 98 836 €Q4·23Q1 2024 Company: 396 748 € Industry median: 104 739 €Q2 2024 Company: 524 668 € Industry median: 140 159 €Q2·24Q3 2024 Company: 406 622 € Industry median: 121 495 €Q4 2024 Company: 398 320 € Industry median: 147 769 €Q4·24Q1 2025 Company: 391 015 € Industry median: 92 363 €Q2 2025 Company: 417 261 € Industry median: 109 088 €Q2·25Q3 2025 Company: 456 317 € Industry median: 116 427 €Q4 2025 Company: 490 794 € Industry median: 97 364 €Q4·25Q1 2026 Company: 486 342 € Industry median: 91 139 €Q2 2026 Company: 502 370 € Industry median: 103 187 €Q2·26Q3 2026 Company: 503 237 € Industry median: 120 838 €Q3·260200400600Q4 2024 Company: 398 320 € Industry median: 147 769 €Q1 2025 Company: 391 015 € Industry median: 92 363 €Q1·25Q2 2025 Company: 417 261 € Industry median: 109 088 €Q3 2025 Company: 456 317 € Industry median: 116 427 €Q3·25Q4 2025 Company: 490 794 € Industry median: 97 364 €Q1 2026 Company: 486 342 € Industry median: 91 139 €Q1·26Q2 2026 Company: 502 370 € Industry median: 103 187 €Q3 2026 Company: 503 237 € Industry median: 120 838 €Q3·26
  • Company
  • Industry median

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

Labour taxes per employee, € Q3 2026: 3 736 € · −2.2% vs Q2 2026 · industry median 2 776 € · above 76% of the industry
02 0004 0006 000Q4 2023 Company: 3 656 € Industry median: 2 292 €Q4·23Q1 2024 Company: 4 445 € Industry median: 2 581 €Q2 2024 Company: 3 494 € Industry median: 2 215 €Q2·24Q3 2024 Company: 3 590 € Industry median: 2 709 €Q4 2024 Company: 3 191 € Industry median: 2 640 €Q4·24Q1 2025 Company: 4 777 € Industry median: 2 866 €Q2 2025 Company: 3 732 € Industry median: 2 699 €Q2·25Q3 2025 Company: 3 902 € Industry median: 2 844 €Q4 2025 Company: 3 877 € Industry median: 2 637 €Q4·25Q1 2026 Company: 5 005 € Industry median: 2 617 €Q2 2026 Company: 3 822 € Industry median: 2 514 €Q2·26Q3 2026 Company: 3 736 € Industry median: 2 776 €Q3·2602 0004 0006 000Q4 2024 Company: 3 191 € Industry median: 2 640 €Q1 2025 Company: 4 777 € Industry median: 2 866 €Q1·25Q2 2025 Company: 3 732 € Industry median: 2 699 €Q3 2025 Company: 3 902 € Industry median: 2 844 €Q3·25Q4 2025 Company: 3 877 € Industry median: 2 637 €Q1 2026 Company: 5 005 € Industry median: 2 617 €Q1·26Q2 2026 Company: 3 822 € Industry median: 2 514 €Q3 2026 Company: 3 736 € Industry median: 2 776 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 14 · +0.0% vs Q2 2026
051015Q4 2023 Company: 11Q4·23Q1 2024 Company: 12Q2 2024 Company: 13Q2·24Q3 2024 Company: 13Q4 2024 Company: 14Q4·24Q1 2025 Company: 13Q2 2025 Company: 13Q2·25Q3 2025 Company: 13Q4 2025 Company: 14Q4·25Q1 2026 Company: 14Q2 2026 Company: 14Q2·26Q3 2026 Company: 14Q3·26051015Q4 2024 Company: 14Q1 2025 Company: 13Q1·25Q2 2025 Company: 13Q3 2025 Company: 13Q3·25Q4 2025 Company: 14Q1 2026 Company: 14Q1·26Q2 2026 Company: 14Q3 2026 Company: 14Q3·26
State taxes, € thousand Q3 2026: 133 956 € · −0.7% vs Q2 2026
050100150Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 49 603 €Q2 2024 Company: 112 396 €Q2·24Q3 2024 Company: 46 806 €Q4 2024 Company: 26 774 €Q4·24Q1 2025 Company: 96 061 €Q2 2025 Company: 92 306 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 51 499 €Q2 2026 Company: 134 915 €Q2·26Q3 2026 Company: 133 956 €Q3·26050100150Q4 2024 Company: 26 774 €Q1 2025 Company: 96 061 €Q1·25Q2 2025 Company: 92 306 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 51 499 €Q1·26Q2 2026 Company: 134 915 €Q3 2026 Company: 133 956 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 503 237 133 956 52 309 14
Q2 2026 502 370 134 915 53 503 14
Q1 2026 486 342 51 499 70 067 14
Q4 2025 490 794 — 54 281 14
Q3 2025 456 317 — 50 731 13
Q2 2025 417 261 92 306 48 522 13
Q1 2025 391 015 96 061 62 095 13
Q4 2024 398 320 26 774 44 670 14
Q3 2024 406 622 46 806 46 675 13
Q2 2024 524 668 112 396 45 416 13
Q1 2024 396 748 49 603 53 341 12
Q4 2023 415 588 — 40 220 11
Q3 2023 416 200 — 40 643 11
Q2 2023 467 472 33 466 39 865 11
Q1 2023 437 788 81 791 44 640 11
Q4 2022 362 387 55 683 35 740 11
Q3 2022 341 473 56 952 36 382 10
Q2 2022 344 377 36 859 35 125 11
Q1 2022 291 453 — 42 276 12
Labour taxes per employee per month
1 245 €
Turnover per employee in the quarter
35 946 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 1 623 441 € · +4.3% vs 2024 · industry median 81 824 € · above 84% of the industry
05001 0001 5002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 980 285 € Industry median: 108 314 €20192020 Company: 1 008 441 € Industry median: 84 233 €20202021 Company: 1 056 789 € Industry median: 77 271 €20212022 Company: 1 229 042 € Industry median: 79 863 €20222023 Company: 1 570 483 € Industry median: 82 335 €20232024 Company: 1 556 761 € Industry median: 78 559 €20242025 Company: 1 623 441 € Industry median: 81 824 €202505001 0001 5002 0002018 Company: — Industry median: —2019 Company: 980 285 € Industry median: 108 314 €20192020 Company: 1 008 441 € Industry median: 84 233 €2021 Company: 1 056 789 € Industry median: 77 271 €20212022 Company: 1 229 042 € Industry median: 79 863 €2023 Company: 1 570 483 € Industry median: 82 335 €20232024 Company: 1 556 761 € Industry median: 78 559 €2025 Company: 1 623 441 € Industry median: 81 824 €2025
  • Company
  • Industry median

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

Net profit, € thousand 2025: 419 232 € · +209.5% vs 2024 · industry median 275 € · above 92% of the industry
-1 000-50005001 0001 5002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 594 598 € Industry median: 363 €20192020 Company: -251 104 € Industry median: 111 €20202021 Company: 1 220 638 € Industry median: 286 €20212022 Company: -684 008 € Industry median: 0 €20222023 Company: 143 155 € Industry median: 117 €20232024 Company: -382 695 € Industry median: 0 €20242025 Company: 419 232 € Industry median: 275 €2025-1 000-50005001 0001 5002 0002018 Company: — Industry median: —2019 Company: 1 594 598 € Industry median: 363 €20192020 Company: -251 104 € Industry median: 111 €2021 Company: 1 220 638 € Industry median: 286 €20212022 Company: -684 008 € Industry median: 0 €2023 Company: 143 155 € Industry median: 117 €20232024 Company: -382 695 € Industry median: 0 €2025 Company: 419 232 € Industry median: 275 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 25.8 % · +50.4 pp vs the year before · industry median 1.8 % · above 84% of the industry
-100-500501001502002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 162.7 % Industry median: 3.4 %20192020 Company: -24.9 % Industry median: 3.4 %20202021 Company: 115.5 % Industry median: 3.3 %20212022 Company: -55.7 % Industry median: 0.4 %20222023 Company: 9.1 % Industry median: 1.8 %20232024 Company: -24.6 % Industry median: -1.7 %20242025 Company: 25.8 % Industry median: 1.8 %2025-100-500501001502002018 Company: — Industry median: —2019 Company: 162.7 % Industry median: 3.4 %20192020 Company: -24.9 % Industry median: 3.4 %2021 Company: 115.5 % Industry median: 3.3 %20212022 Company: -55.7 % Industry median: 0.4 %2023 Company: 9.1 % Industry median: 1.8 %20232024 Company: -24.6 % Industry median: -1.7 %2025 Company: 25.8 % Industry median: 1.8 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 25 220 806 € · +3.8% vs 2024
010 00020 00030 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 22 413 876 €20192020 Company: 22 581 399 €20202021 Company: 24 916 242 €20212022 Company: 23 657 659 €20222023 Company: 25 198 112 €20232024 Company: 24 295 801 €20242025 Company: 25 220 806 €2025010 00020 00030 0002018 Company: —2019 Company: 22 413 876 €20192020 Company: 22 581 399 €2021 Company: 24 916 242 €20212022 Company: 23 657 659 €2023 Company: 25 198 112 €20232024 Company: 24 295 801 €2025 Company: 25 220 806 €2025
Equity, € thousand 2025: 21 727 041 € · +9.0% vs 2024
05 00010 00015 00020 00025 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 19 681 677 €20192020 Company: 19 424 005 €20202021 Company: 20 644 643 €20212022 Company: 20 145 240 €20222023 Company: 20 288 395 €20232024 Company: 19 936 686 €20242025 Company: 21 727 041 €202505 00010 00015 00020 00025 0002018 Company: —2019 Company: 19 681 677 €20192020 Company: 19 424 005 €2021 Company: 20 644 643 €20212022 Company: 20 145 240 €2023 Company: 20 288 395 €20232024 Company: 19 936 686 €2025 Company: 21 727 041 €2025
Employees 2025: 14 · +7.7% vs 2024 · industry median 6 · above 75% of the industry
0510152016 Company: 13 Industry median: —20162017 Company: 12 Industry median: —20172018 Company: 13 Industry median: 620182019 Company: 13 Industry median: 5.520192020 Company: 13 Industry median: 620202021 Company: 13 Industry median: 520212022 Company: 12 Industry median: 620222023 Company: 12 Industry median: 620232024 Company: 13 Industry median: 620242025 Company: 14 Industry median: 620250510152018 Company: 13 Industry median: 62019 Company: 13 Industry median: 5.520192020 Company: 13 Industry median: 62021 Company: 13 Industry median: 520212022 Company: 12 Industry median: 62023 Company: 12 Industry median: 620232024 Company: 13 Industry median: 62025 Company: 14 Industry median: 62025
  • Company
  • Industry median

Industry: Sewerage (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 1 623 441 419 232 532 239 25 220 806 21 727 041 14
2024 1 556 761 -382 695 479 817 24 295 801 19 936 686 13
2023 1 570 483 143 155 424 095 25 198 112 20 288 395 12
2022 1 229 042 -684 008 379 009 23 657 659 20 145 240 12
2021 1 056 789 1 220 638 346 923 24 916 242 20 644 643 13
2020 1 008 441 -251 104 312 713 22 581 399 19 424 005 13
2019 980 285 1 594 598 290 942 22 413 876 19 681 677 13
2018 — — — — — 13
2017 — — — — — 12
2016 — — — — — 13
2015 — — — — — 13
2014 — — — — — 16
2013 — — — — — 16
2012 — — — — — 16
2011 — — — — — 16
2009 — — — — — 18
2008 — — — — — 18
2007 — — — — — 18
2006 — — — — — 18
2005 — — — — — 11
2004 — — — — — 14
2003 — — — — — 14
2002 — — — — — 12
2001 — — — — — 16
2000 — — — — — 15
1999 — — — — — 15
1998 — — — — — 16
1997 — — — — — 15

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
25.8 %
Net profit / revenue
Return on equity (ROE)
1.9 %
Net profit / equity
Return on assets (ROA)
1.7 %
Net profit / assets
Equity ratio
86.1 %
Equity / assets
Debt ratio
13.9 %
Liabilities / assets
Current ratio
0.84
Current assets / current liabilities
Revenue per employee
115 960 €
Revenue / average full-time employees
Labour cost per employee per month
3 168 €
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 18 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 10 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 28 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 7 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Jun 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
3 1 000 000 € Swedbank AS 8 May 2025 – in force
2 1 000 000 € Swedbank AS 10 Jan 2023 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Kristo Kivisaar
    Board member · since 12 Aug 2011

Right of representation

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

Owners

No owner information.

Beneficial owners

  • Maris Neeno
    Over 50% of voting rights in the consolidated entity · since 28 Jan 2026

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 37001Sewerage and wastewater management Main
  • 36001Water collection, treatment and supply
Rulings
Number, date Title Deadline State Document
Ä 20005542 / 34
31 Aug 2026
Amendment entry In force
31 Aug 2026
PDF
K 20005542 / 33
8 May 2025
Commercial pledge entered In force
8 May 2025
PDF
K 20005542 / M20
7 May 2025
Procedural ruling 14 May 2025 Deficiencies eliminated
8 May 2025
PDF
Ä 20005542 / 32
10 Mar 2025
Amendment entry In force
10 Mar 2025
PDF
Ä 20005542 / M19
26 Feb 2025
Procedural ruling In force
26 Feb 2025
PDF
Ä 20005542 / M18
11 Feb 2025
Procedural ruling In force
11 Feb 2025
PDF
Ä 20005542 / M17
24 Jan 2025
Ruling to eliminate deficiencies 9 Feb 2025 Deficiencies eliminated
3 Mar 2025
PDF
Ä 20005542 / 31
23 Jan 2024
Amendment entry In force
23 Jan 2024
PDF
Ä 20005542 / M16
4 Jan 2024
Ruling to eliminate deficiencies 3 Feb 2024 Deficiencies eliminated
23 Jan 2024
PDF
Ä 20005542 / 30
13 Mar 2023
Amendment entry In force
13 Mar 2023
PDF
K 20005542 / 29
10 Jan 2023
Commercial pledge entered In force
10 Jan 2023
PDF
K 20005542 / 28
4 Jan 2023
Commercial pledge deleted In force
4 Jan 2023
PDF
Ä 20005542 / 27
8 Dec 2022
Amendment entry In force
8 Dec 2022
PDF
Ä 20005542 / 26
31 Jul 2020
Third (informative) division entry In force
31 Jul 2020
PDF
Ä 20005542 / 25
31 Jul 2020
First (declaratory) division entry In force
31 Jul 2020
PDF
Ä 20005542 / M15
29 Jul 2020
Ruling to eliminate deficiencies 12 Aug 2020 Deficiencies eliminated
30 Jul 2020
PDF
Ä 20005542 / 24
17 Dec 2018
Second (constitutive) merger entry In force
17 Dec 2018
PDF
Ä 20005542 / 23
29 Nov 2018
Amendment entry In force
29 Nov 2018
PDF
Ä 20005542 / M14
21 Nov 2018
Ruling to eliminate deficiencies 6 Dec 2018 Deficiencies eliminated
29 Nov 2018
PDF
Ä 20005542 / M13
15 May 2018
Procedural ruling 14 Jun 2018 Deficiencies eliminated
29 May 2018
PDF
Ä 20005542 / M12
6 Feb 2018
Ruling to correct data outside an entry 21 Feb 2018 Deficiencies eliminated
12 Feb 2018
PDF
Ä 20005542 / 22
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20005542 / 21
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20005542 / 20
30 Oct 2017
Amendment entry In force
30 Oct 2017
PDF
Ä 20005542 / 19
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20005542 / M11
14 Sep 2016
Ruling to eliminate deficiencies 29 Sep 2016 Deficiencies eliminated
14 Sep 2016
PDF
Ä 20005542 / 18
14 Sep 2016
Amendment entry In force
14 Sep 2016
PDF
Ä 20005542 / 17
1 Sep 2016
Amendment entry In force
1 Sep 2016
PDF
Ä 20005542 / M10
28 May 2016
Procedural ruling In force
28 May 2016
PDF
Ä 20005542 / M9
20 Apr 2016
Ruling to correct data outside an entry 20 May 2016 Deficiencies eliminated
21 Apr 2016
PDF
Ä 20005542 / 16
11 Nov 2014
Amendment entry In force
11 Nov 2014
PDF
Ä 20005542 / M8
10 Nov 2014
Ruling to eliminate deficiencies 25 Nov 2014 Deficiencies eliminated
11 Nov 2014
PDF
Ä 20005542 / 15
21 May 2013
Amendment entry In force
21 May 2013
PDF
Ä 20005542 / 14
12 Aug 2011
Amendment entry In force
12 Aug 2011
PDF
Ä 20005542 / 13
25 Jul 2011
Amendment entry In force
25 Jul 2011
PDF
Ä 20005542 / M7
7 Jul 2011
Ruling to eliminate deficiencies In force
7 Jul 2011
PDF
Ä 5542 / M6
28 May 2009
Ruling to be served 29 Jun 2009 In force
29 May 2009
PDF
Ä 5542 / 12
28 Dec 2008
Deletion of activities from the registry card In force
28 Dec 2008
PDF
Ä 5542 / 11
30 Jul 2007
Amendment entry In force
30 Jul 2007
PDF
Ä 5542 / M5
20 Jul 2007
Ruling to eliminate deficiencies (to be served) 23 Sep 2007 In force
25 Jul 2007
PDF
Ä 5542 / 10
15 May 2007
Amendment entry In force
15 May 2007
PDF
Ä 5542 / M4
10 Apr 2007
Ruling to eliminate deficiencies (to be served) 12 Jun 2007 In force
13 Apr 2007
PDF
Ä 5542 / 9
7 Jul 2006
Second (constitutive) merger entry In force
11 Jul 2006
PDF
Ä 5542 / M3
14 Jun 2006
Ruling to eliminate deficiencies (to be served) 15 Aug 2006 In force
16 Jun 2006
PDF
Ä 5542 / 8
5 May 2006
Amendment entry In force
5 May 2006
PDF
Ä 5542 / M2
27 Apr 2006
Ruling to eliminate deficiencies (to be served) 27 May 2006 In force
27 Apr 2006
PDF
Ä 5542 / 7
22 Dec 2005
Negative entry decision In force PDF
Ä 5542 / M1
5 Nov 2003
Refund of the state fee In force PDF
Ä 5542 / 6
29 Oct 2003
Amendment entry In force PDF
K 25442
29 Sep 2003
Commercial pledge entered In force PDF
Ä 5542 / 5
3 Oct 2002
Entry decision on the register’s own initiative In force PDF
Ä 5542 / 4
27 May 2002
Unpublished amendment entry In force PDF

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