aktsiaselts Tartu Veevärk
Active Registry code 10151668
AS Tartu linn Registered 18 Apr 1997
aktsiaselts Tartu Veevärk is a AS based in Tartu linn, registry code 10151668, status: active. Main activity: Sewerage and wastewater management. According to EMTA, turnover for Q3 2026 was €4 260 199 with 86 employees.
Turnover
4 260 199 €
↓ 4.4% vs Q2 2026
State taxes
145 376 €
↓ 78.2% vs Q2 2026
Labour taxes
325 334 €
↑ 4.6% vs Q2 2026
Employees
86
−1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 4.3 mn €above 98% of companiesindustry median 120 838 € · companies in the industry: 97
- Labour taxes per employee 3 783 €above 77% of companiesindustry median 2 776 € · companies in the industry: 82
- Revenue · 2025 15 mn €above 98% of companiesindustry median 81 824 € · companies in the industry: 130
- Net profit margin · 2025 14.2 %above 75% of companiesindustry median 1.8 % · companies in the industry: 115
Taxes and turnover
- Company
- Industry median
Industry: Sewerage (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Sewerage (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 4 260 199 | 145 376 | 325 334 | 86 |
| Q2 2026 | 4 457 883 | 668 198 | 310 932 | 87 |
| Q1 2026 | 4 362 337 | 864 401 | 343 327 | 87 |
| Q4 2025 | 4 746 677 | 491 753 | 316 231 | 90 |
| Q3 2025 | 4 481 987 | 470 648 | 337 123 | 87 |
| Q2 2025 | 4 524 322 | 689 284 | 333 605 | 91 |
| Q1 2025 | 4 527 639 | 849 469 | 345 977 | 92 |
| Q4 2024 | 3 825 970 | 408 578 | 292 456 | 88 |
| Q3 2024 | 3 643 696 | 427 013 | 302 997 | 89 |
| Q2 2024 | 4 755 268 | 924 798 | 275 111 | 91 |
| Q1 2024 | 3 745 735 | 491 124 | 294 517 | 85 |
| Q4 2023 | 3 719 477 | 297 633 | 276 173 | 88 |
| Q3 2023 | 4 818 138 | 667 511 | 290 037 | 86 |
| Q2 2023 | 3 986 070 | 708 594 | 258 531 | 90 |
| Q1 2023 | 3 860 425 | 592 882 | 293 595 | 87 |
| Q4 2022 | 3 691 352 | 275 535 | 261 130 | 88 |
| Q3 2022 | 3 669 754 | 389 996 | 256 564 | 88 |
| Q2 2022 | 3 500 633 | 527 034 | 207 402 | 96 |
| Q1 2022 | 3 252 524 | 354 994 | 248 001 | 85 |
Labour taxes per employee per month
1 261 €
Turnover per employee in the quarter
49 537 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Sewerage (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Sewerage (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Sewerage (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Sewerage (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 14 974 244 | 2 129 398 | 3 189 423 | 114 238 547 | 71 474 535 | 90 |
| 2024 | 14 877 176 | 2 714 000 | 2 895 996 | 109 163 380 | 69 345 137 | 90 |
| 2023 | 14 678 235 | 2 926 816 | 2 791 838 | 107 196 584 | 66 931 137 | 90 |
| 2022 | 12 684 306 | 702 491 | 2 509 848 | 104 254 310 | 64 004 321 | 90 |
| 2021 | 12 108 386 | 2 522 887 | 2 190 651 | 103 341 060 | 63 301 830 | 84 |
| 2020 | 11 768 531 | 3 067 746 | 2 138 600 | 96 131 364 | 61 278 943 | 86 |
| 2019 | 11 516 573 | 2 665 003 | 2 042 133 | 92 656 716 | 58 711 197 | 87 |
| 2018 | — | — | — | — | — | 89 |
| 2017 | — | — | — | — | — | 88 |
| 2016 | — | — | — | — | — | 88 |
| 2015 | — | — | — | — | — | 88 |
| 2014 | — | — | — | — | — | 89 |
| 2013 | — | — | — | — | — | 90 |
| 2012 | — | — | — | — | — | 89 |
| 2011 | — | — | — | — | — | 87 |
| 2010 | — | — | — | — | — | 91 |
| 2009 | — | — | — | — | — | 91 |
| 2008 | — | — | — | — | — | 102 |
| 2005 | — | — | — | — | — | 111 |
| 2003 | — | — | — | — | — | 165 |
| 2002 | — | — | — | — | — | 157 |
| 2001 | — | — | — | — | — | 123 |
| 2000 | — | — | — | — | — | 129 |
| 1999 | — | — | — | — | — | 138 |
| 1998 | — | — | — | — | — | 169 |
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
14.2 %
Net profit / revenue
Return on equity (ROE)
3.0 %
Net profit / equity
Return on assets (ROA)
1.9 %
Net profit / assets
Equity ratio
62.6 %
Equity / assets
Debt ratio
37.4 %
Liabilities / assets
Current ratio
1.35
Current assets / current liabilities
Revenue per employee
166 380 €
Revenue / average full-time employees
Labour cost per employee per month
2 953 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 14 May 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 14 May 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 3 May 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 2 May 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 2 May 2023 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 14 May 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 13 May 2020 | Company’s own · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Toomas KappBoard member · since 22 Apr 2024
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Toomas KappMember of a senior management body (management or supervisory board) · since 12 Jan 2026
- Veljo IpitsMember of a senior management body (management or supervisory board) · since 12 Jan 2026
- Urmas KlaasRight to appoint or remove most of the management · since 31 Mar 2023
Founders and other persons
- Siim KülaseppAudit firm · 14 Jan 2026
- KPMG Baltics OÜAudit firm · 14 Jan 2026
- Kaspar KokkSupervisory board member · 3 Mar 2022
- Reno LaidreSupervisory board member · 3 Mar 2022
- Verni LoodmaaSupervisory board member · 3 Mar 2022
- Veljo IpitsSupervisory board member · 20 Jan 2026
- Lauri KõrgveeSupervisory board member · 3 Mar 2026
- Sandra LaurSupervisory board member · 3 Mar 2026
- Valvo SemilarskiSupervisory board member · 24 Mar 2026
- Omanikukonto: TARTU LINNAVALITSUSShareholder · 6 419 181 € · 5 Dec 2025
Related companies
Activities (EMTAK)
- 37001Sewerage and wastewater management Main
- 36001Water collection, treatment and supply
- 4221Construction of utility projects for fluids
- 68201Rental and operating of own or leased real estate
- 82991Other business support service activities n.e.c.
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20005573 / 13 14 Jan 2026 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 14 Jan 2026 |
||
| Ä 20005573 / 12 22 Apr 2024 |
Amendment entry | In force 22 Apr 2024 |
||
| Ä 20005573 / M13 14 Apr 2021 |
Procedural ruling | 24 Apr 2021 | Deficiencies eliminated 7 Apr 2021 |
|
| Ä 20005573 / M12 19 Apr 2018 |
Ruling to correct data outside an entry | 4 May 2018 | Deficiencies eliminated 23 Apr 2018 |
|
| Ä 20005573 / 11 13 Feb 2018 |
Amendment entry | In force 13 Feb 2018 |
||
| Ä 20005573 / 10 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 20005573 / 9 3 Dec 2017 |
Amendment entry | In force 3 Dec 2017 |
||
| Ä 20005573 / 8 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 20005573 / M11 4 May 2015 |
Ruling to correct data outside an entry | 3 Jun 2015 | Deficiencies eliminated 8 May 2015 |
|
| Ä 20005573 / M10 2 Sep 2013 |
Ruling to correct data outside an entry | 2 Oct 2013 | Deficiencies eliminated 3 Sep 2013 |
|
| Ä 20005573 / M9 13 Mar 2013 |
Ruling to correct data outside an entry | 12 Apr 2013 | In force 13 Mar 2013 |
|
| Ä 20005573 / 7 24 Oct 2011 |
Amendment entry | In force 24 Oct 2011 |
||
| Ä 20005573 / M8 26 Sep 2011 |
Ruling to eliminate deficiencies | 26 Oct 2011 | In force 26 Sep 2011 |
|
| Ä 20005573 / M7 26 Jul 2011 |
Ruling to eliminate deficiencies | 26 Sep 2011 | In force 26 Jul 2011 |
|
| Ä 5573 / M6 23 Jul 2009 |
Ruling to be served | 24 Aug 2009 | Deficiencies eliminated 23 Jul 2009 |
|
| Ä 5573 / 6 3 Dec 2008 |
Deletion of activities from the registry card | In force 23 Dec 2008 |
||
| Ä 5573 / M5 3 Mar 2006 |
Ruling to eliminate deficiencies (to be served) | 2 Apr 2006 | In force 3 Mar 2006 |
|
| Ä 5573 / M4 25 Jun 2004 |
Ruling to eliminate deficiencies (to be served) | 15 Jul 2004 | In force | |
| Ä 5573 / M3 7 Jan 2004 |
Ruling to be served | 8 Feb 2004 | In force | |
| Ä 5573 / 5 29 May 2002 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data