Aktsiaselts VMT Ehitus

Active Registry code 10215641 AS Viljandi linn Registered 4 Jul 1997
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Aktsiaselts VMT Ehitus is a AS based in Viljandi linn, registry code 10215641, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €1 085 327 with 26 employees.

Turnover
1 085 327 €
↑ 60.9% vs Q2 2026
State taxes
160 777 €
↑ 907.1% vs Q2 2026
Labour taxes
153 782 €
↑ 22.5% vs Q2 2026
Employees
26
+2 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 1.1 mn €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 5 915 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 9.3 mn €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 9.8 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 085 327 € · +60.9% vs Q2 2026 · industry median 25 252 € · above 98% of the industry
02 0004 0006 000Q4 2023 Company: 1 511 506 € Industry median: 26 427 €Q4·23Q1 2024 Company: 2 262 671 € Industry median: 19 618 €Q2 2024 Company: 5 242 247 € Industry median: 21 373 €Q2·24Q3 2024 Company: 2 410 013 € Industry median: 26 160 €Q4 2024 Company: 1 168 224 € Industry median: 25 496 €Q4·24Q1 2025 Company: 1 535 835 € Industry median: 19 568 €Q2 2025 Company: 581 343 € Industry median: 22 577 €Q2·25Q3 2025 Company: 1 652 132 € Industry median: 25 533 €Q4 2025 Company: 1 136 801 € Industry median: 25 721 €Q4·25Q1 2026 Company: 2 063 835 € Industry median: 20 483 €Q2 2026 Company: 674 462 € Industry median: 22 672 €Q2·26Q3 2026 Company: 1 085 327 € Industry median: 25 252 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 168 224 € Industry median: 25 496 €Q1 2025 Company: 1 535 835 € Industry median: 19 568 €Q1·25Q2 2025 Company: 581 343 € Industry median: 22 577 €Q3 2025 Company: 1 652 132 € Industry median: 25 533 €Q3·25Q4 2025 Company: 1 136 801 € Industry median: 25 721 €Q1 2026 Company: 2 063 835 € Industry median: 20 483 €Q1·26Q2 2026 Company: 674 462 € Industry median: 22 672 €Q3 2026 Company: 1 085 327 € 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: 5 915 € · +13.1% vs Q2 2026 · industry median 1 211 € · above 98% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 3 951 € Industry median: 1 145 €Q4·23Q1 2024 Company: 3 747 € Industry median: 1 097 €Q2 2024 Company: 4 272 € Industry median: 1 083 €Q2·24Q3 2024 Company: 6 256 € Industry median: 1 142 €Q4 2024 Company: 4 613 € Industry median: 1 179 €Q4·24Q1 2025 Company: 4 950 € Industry median: 1 188 €Q2 2025 Company: 5 856 € Industry median: 1 149 €Q2·25Q3 2025 Company: 8 710 € Industry median: 1 208 €Q4 2025 Company: 5 480 € Industry median: 1 254 €Q4·25Q1 2026 Company: 5 353 € Industry median: 1 183 €Q2 2026 Company: 5 229 € Industry median: 1 166 €Q2·26Q3 2026 Company: 5 915 € Industry median: 1 211 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 4 613 € Industry median: 1 179 €Q1 2025 Company: 4 950 € Industry median: 1 188 €Q1·25Q2 2025 Company: 5 856 € Industry median: 1 149 €Q3 2025 Company: 8 710 € Industry median: 1 208 €Q3·25Q4 2025 Company: 5 480 € Industry median: 1 254 €Q1 2026 Company: 5 353 € Industry median: 1 183 €Q1·26Q2 2026 Company: 5 229 € Industry median: 1 166 €Q3 2026 Company: 5 915 € 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: 26 · +8.3% vs Q2 2026
010203040Q4 2023 Company: 32Q4·23Q1 2024 Company: 38Q2 2024 Company: 34Q2·24Q3 2024 Company: 30Q4 2024 Company: 29Q4·24Q1 2025 Company: 28Q2 2025 Company: 25Q2·25Q3 2025 Company: 21Q4 2025 Company: 22Q4·25Q1 2026 Company: 23Q2 2026 Company: 24Q2·26Q3 2026 Company: 26Q3·260102030Q4 2024 Company: 29Q1 2025 Company: 28Q1·25Q2 2025 Company: 25Q3 2025 Company: 21Q3·25Q4 2025 Company: 22Q1 2026 Company: 23Q1·26Q2 2026 Company: 24Q3 2026 Company: 26Q3·26
State taxes, € thousand Q3 2026: 160 777 € · +907.1% vs Q2 2026
0100200300Q4 2023 Company: 118 380 €Q4·23Q1 2024 Company: 92 875 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 142 039 €Q4 2024 Company: 107 661 €Q4·24Q1 2025 Company: 209 939 €Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 284 905 €Q4 2025 Company: 145 465 €Q4·25Q1 2026 Company: 295 976 €Q2 2026 Company: 15 965 €Q2·26Q3 2026 Company: 160 777 €Q3·260100200300Q4 2024 Company: 107 661 €Q1 2025 Company: 209 939 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: 284 905 €Q3·25Q4 2025 Company: 145 465 €Q1 2026 Company: 295 976 €Q1·26Q2 2026 Company: 15 965 €Q3 2026 Company: 160 777 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 085 327 160 777 153 782 26
Q2 2026 674 462 15 965 125 491 24
Q1 2026 2 063 835 295 976 123 112 23
Q4 2025 1 136 801 145 465 120 562 22
Q3 2025 1 652 132 284 905 182 905 21
Q2 2025 581 343 — 146 406 25
Q1 2025 1 535 835 209 939 138 601 28
Q4 2024 1 168 224 107 661 133 783 29
Q3 2024 2 410 013 142 039 187 684 30
Q2 2024 5 242 247 — 145 264 34
Q1 2024 2 262 671 92 875 142 383 38
Q4 2023 1 511 506 118 380 126 435 32
Q3 2023 2 355 162 86 171 156 994 30
Q2 2023 2 740 575 19 792 131 545 36
Q1 2023 2 068 711 176 717 110 284 38
Q4 2022 2 773 810 167 392 116 725 27
Q3 2022 3 983 742 6 715 116 160 32
Q2 2022 2 547 597 127 515 102 174 32
Q1 2022 1 584 164 139 289 115 819 27
Labour taxes per employee per month
1 972 €
Turnover per employee in the quarter
41 743 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 9 260 427 € · −49.1% vs 2024 · industry median 38 239 € · above 98% of the industry
05 00010 00015 00020 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 8 574 370 € Industry median: 38 887 €20192020 Company: 4 858 921 € Industry median: 35 421 €20202021 Company: 10 207 664 € Industry median: 38 300 €20212022 Company: 13 633 325 € Industry median: 39 550 €20222023 Company: 12 799 414 € Industry median: 37 270 €20232024 Company: 18 202 813 € Industry median: 37 693 €20242025 Company: 9 260 427 € Industry median: 38 239 €202505 00010 00015 00020 0002018 Company: — Industry median: —2019 Company: 8 574 370 € Industry median: 38 887 €20192020 Company: 4 858 921 € Industry median: 35 421 €2021 Company: 10 207 664 € Industry median: 38 300 €20212022 Company: 13 633 325 € Industry median: 39 550 €2023 Company: 12 799 414 € Industry median: 37 270 €20232024 Company: 18 202 813 € Industry median: 37 693 €2025 Company: 9 260 427 € 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: 910 641 € · −24.1% vs 2024 · industry median 411 € · above 98% of the industry
02505007501 0001 2502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 619 242 € Industry median: 643 €20192020 Company: 92 503 € Industry median: 281 €20202021 Company: 317 968 € Industry median: 315 €20212022 Company: 519 686 € Industry median: 398 €20222023 Company: 410 962 € Industry median: 253 €20232024 Company: 1 199 662 € Industry median: 108 €20242025 Company: 910 641 € Industry median: 411 €202502505007501 0001 2502018 Company: — Industry median: —2019 Company: 619 242 € Industry median: 643 €20192020 Company: 92 503 € Industry median: 281 €2021 Company: 317 968 € Industry median: 315 €20212022 Company: 519 686 € Industry median: 398 €2023 Company: 410 962 € Industry median: 253 €20232024 Company: 1 199 662 € Industry median: 108 €2025 Company: 910 641 € 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: 9.8 % · +3.2 pp vs the year before · industry median 3.5 % · above 66% of the industry
02468102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 7.2 % Industry median: 4.5 %20192020 Company: 1.9 % Industry median: 4.0 %20202021 Company: 3.1 % Industry median: 3.8 %20212022 Company: 3.8 % Industry median: 3.9 %20222023 Company: 3.2 % Industry median: 3.9 %20232024 Company: 6.6 % Industry median: 2.8 %20242025 Company: 9.8 % Industry median: 3.5 %202502468102018 Company: — Industry median: —2019 Company: 7.2 % Industry median: 4.5 %20192020 Company: 1.9 % Industry median: 4.0 %2021 Company: 3.1 % Industry median: 3.8 %20212022 Company: 3.8 % Industry median: 3.9 %2023 Company: 3.2 % Industry median: 3.9 %20232024 Company: 6.6 % Industry median: 2.8 %2025 Company: 9.8 % 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: 6 712 387 € · +27.5% vs 2024
02 0004 0006 0008 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 4 048 306 €20192020 Company: 3 006 747 €20202021 Company: 2 920 628 €20212022 Company: 4 608 454 €20222023 Company: 6 638 203 €20232024 Company: 5 266 019 €20242025 Company: 6 712 387 €202502 0004 0006 0008 0002018 Company: —2019 Company: 4 048 306 €20192020 Company: 3 006 747 €2021 Company: 2 920 628 €20212022 Company: 4 608 454 €2023 Company: 6 638 203 €20232024 Company: 5 266 019 €2025 Company: 6 712 387 €2025
Equity, € thousand 2025: 3 850 826 € · +11.9% vs 2024
01 0002 0003 0004 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 2 987 940 €20192020 Company: 2 396 463 €20202021 Company: 2 180 041 €20212022 Company: 2 574 427 €20222023 Company: 2 840 524 €20232024 Company: 3 440 186 €20242025 Company: 3 850 826 €202501 0002 0003 0004 0002018 Company: —2019 Company: 2 987 940 €20192020 Company: 2 396 463 €2021 Company: 2 180 041 €20212022 Company: 2 574 427 €2023 Company: 2 840 524 €20232024 Company: 3 440 186 €2025 Company: 3 850 826 €2025
Employees 2025: 41 · −36.9% vs 2024 · industry median 2 · above 98% of the industry
0204060802016 Company: 60 Industry median: —20162017 Company: 63 Industry median: —20172018 Company: 57 Industry median: 220182019 Company: 55 Industry median: 220192020 Company: 47 Industry median: 220202021 Company: 53 Industry median: 220212022 Company: 48 Industry median: 220222023 Company: 52 Industry median: 220232024 Company: 65 Industry median: 220242025 Company: 41 Industry median: 220250204060802018 Company: 57 Industry median: 22019 Company: 55 Industry median: 220192020 Company: 47 Industry median: 22021 Company: 53 Industry median: 220212022 Company: 48 Industry median: 22023 Company: 52 Industry median: 220232024 Company: 65 Industry median: 22025 Company: 41 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 9 260 427 910 641 2 227 634 6 712 387 3 850 826 41
2024 18 202 813 1 199 662 3 041 786 5 266 019 3 440 186 65
2023 12 799 414 410 962 2 211 354 6 638 203 2 840 524 52
2022 13 633 325 519 686 1 900 831 4 608 454 2 574 427 48
2021 10 207 664 317 968 2 080 399 2 920 628 2 180 041 53
2020 4 858 921 92 503 1 767 823 3 006 747 2 396 463 47
2019 8 574 370 619 242 1 972 496 4 048 306 2 987 940 55
2018 — — — — — 57
2017 — — — — — 63
2016 — — — — — 60
2015 — — — — — 55
2014 — — — — — 56
2013 — — — — — 57
2012 — — — — — 61
2011 — — — — — 68
2010 — — — — — 59
2009 — — — — — 59
2008 — — — — — 62
2007 — — — — — 62
2006 — — — — — 62
2005 — — — — — 61
2004 — — — — — 61
2003 — — — — — 64
2002 — — — — — 56
2001 — — — — — 55
2000 — — — — — 38
1999 — — — — — 33
1998 — — — — — 34
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
9.8 %
Net profit / revenue
Return on equity (ROE)
23.6 %
Net profit / equity
Return on assets (ROA)
13.6 %
Net profit / assets
Equity ratio
57.4 %
Equity / assets
Debt ratio
42.6 %
Liabilities / assets
Current ratio
2.26
Current assets / current liabilities
Revenue per employee
225 864 €
Revenue / average full-time employees
Labour cost per employee per month
4 528 €
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 30 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 20 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 19 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 17 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 29 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Jun 2020 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Indrek Jõgisoo
    Board member · since 22 Jan 2019
  • Sander Sulg
    Board member · since 18 Sep 2023

Right of representation

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

Owners

No owner information.

Beneficial owners

  • Jaak Sulg
    Indirect ownership · since 6 Sep 2018
  • Peep Must
    Indirect ownership · since 6 Sep 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
  • 43999Other specialised construction activities
  • 71121Constructional engineering-technical designing and consulting
Rulings
Number, date Title Deadline State Document
Ä 20032579 / 14
18 Sep 2023
Entry refused In force
16 Oct 2023
PDF
Ä 20032579 / 13
18 Sep 2023
Amendment entry In force
18 Sep 2023
PDF
Ä 20032579 / 12
20 Jan 2020
Amendment entry In force
20 Jan 2020
PDF
Ä 20032579 / 11
15 Jan 2020
Amendment entry In force
15 Jan 2020
PDF
Ä 20032579 / M8
14 Jan 2020
Ruling to eliminate deficiencies 24 Jan 2020 Deficiencies eliminated
15 Jan 2020
PDF
Ä 20032579 / M7
7 Jan 2020
Procedural ruling 17 Jan 2020 Deficiencies eliminated
13 Jan 2020
PDF
Ä 20032579 / M6
3 Jan 2020
Procedural ruling 18 Jan 2020 Deficiencies eliminated
13 Jan 2020
PDF
Ä 20032579 / M5
22 Jan 2019
Ruling to correct data outside an entry 6 Feb 2019 Deficiencies eliminated
22 Jan 2019
PDF
Ä 20032579 / 10
22 Jan 2019
Amendment entry In force
22 Jan 2019
PDF
Ä 20032579 / 9
17 Jan 2019
Amendment under Commercial Code § 525 (2) In force
17 Jan 2019
PDF
Ä 20032579 / 8
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20032579 / 7
29 Dec 2017
Division entry (second, constitutive) In force
29 Dec 2017
PDF
Ä 20032579 / M4
20 Dec 2017
Ruling to eliminate deficiencies 9 Jan 2018 Deficiencies eliminated
22 Dec 2017
PDF
Ä 20032579 / 6
4 Dec 2017
Amendment entry In force
4 Dec 2017
PDF
Ä 20032579 / 5
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20032579 / M3
8 Nov 2013
Ruling to correct data outside an entry 8 Dec 2013 Deficiencies eliminated
15 Nov 2013
PDF
Ä 20032579 / 4
24 Nov 2011
Amendment entry In force
24 Nov 2011
PDF
Ä 20032579 / M2
16 Nov 2011
Ruling to eliminate deficiencies 16 Dec 2011 In force
16 Nov 2011
PDF
Ä 20032579 / 3
4 Feb 2011
Entry refused: deficiencies not eliminated In force
10 Feb 2011
PDF
Ä 20032579 / M1
12 Nov 2010
Ruling to eliminate deficiencies 12 Jan 2011 In force
12 Nov 2010
PDF
Ä 32579 / 2
3 Dec 2008
Deletion of activities from the registry card In force
19 Dec 2008
PDF
Ä 6079 / 5
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
Ä 32579
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
Ä 6079 / 4
22 Oct 2002
Entry decision on the register’s own initiative In force PDF
Ä 6079 / 3
12 Jul 2002
Published 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