Aktsiaselts Level

Active Registry code 10216072 AS Kuressaare linn Registered 11 Jul 1997

Aktsiaselts Level is a AS based in Kuressaare linn, registry code 10216072, status: active. Main activity: Manufacture of ready-mixed concrete. According to EMTA, turnover for Q3 2026 was €1 816 891 with 41 employees.

Turnover

1 816 891 €

↑ 59.6% vs Q2 2026

State taxes

268 332 €

↑ 60.9% vs Q2 2026

Labour taxes

126 678 €

↑ 24.3% vs Q2 2026

Employees

+2 vs Q2 2026

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

Position in the industry Manufacture of other non-metallic mineral products · EMTAK 23

Turnover · Q3 2026 1.8 mn €

above 90% of companies

industry median 63 103 € · companies in the industry: 231
Labour taxes per employee 3 090 €

above 72% of companies

industry median 1 860 € · companies in the industry: 208
Revenue · 2025 3.9 mn €

above 91% of companies

industry median 34 797 € · companies in the industry: 376
Net profit margin · 2025 0.6 %

above 40% of companies

industry median 2.4 % · companies in the industry: 309

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 1 816 891 € · +59.6% vs Q2 2026 · industry median 63 103 € · above 90% of the industry

Company
Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 090 € · +18.2% vs Q2 2026 · industry median 1 860 € · above 72% of the industry

Company
Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 41 · +5.1% vs Q2 2026

State taxes, € thousand Q3 2026: 268 332 € · +60.9% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	1 816 891	268 332	126 678	41
Q2 2026	1 138 327	166 758	101 925	39
Q1 2026	224 634	130 907	104 147	40
Q4 2025	1 459 870	257 514	123 618	41
Q3 2025	1 436 767	264 427	118 104	42
Q2 2025	853 776	198 984	112 821	41
Q1 2025	320 310	127 359	113 414	41
Q4 2024	1 247 361	245 774	121 603	42
Q3 2024	1 692 824	286 605	120 581	44
Q2 2024	797 832	182 566	116 667	44
Q1 2024	309 557	120 200	114 830	45
Q4 2023	2 608 610	263 063	125 375	46
Q3 2023	1 562 139	216 588	120 869	48
Q2 2023	854 813	152 962	100 465	48
Q1 2023	412 695	100 073	105 640	48
Q4 2022	2 065 271	255 272	113 012	48
Q3 2022	1 151 917	179 276	108 073	48
Q2 2022	1 293 491	153 368	87 067	48
Q1 2022	639 162	201 400	110 200	49

Labour taxes per employee per month

1 030 €

Turnover per employee in the quarter

44 314 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 3 941 138 € · −0.4% vs 2024 · industry median 34 797 € · above 91% of the industry

Company
Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 24 737 € · +104.7% vs 2024 · industry median 260 € · above 81% of the industry

Company
Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.6 % · +13.9 pp vs the year before · industry median 2.4 % · above 40% of the industry

Company
Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 7 042 408 € · −1.9% vs 2024

Equity, € thousand 2025: 6 174 601 € · −2.7% vs 2024

Employees 2025: 40 · −7.0% vs 2024 · industry median 3 · above 90% of the industry

Company
Industry median

Industry: Manufacture of other non-metallic mineral products (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	3 941 138	24 737	1 118 989	7 042 408	6 174 601	40
2024	3 955 199	-526 313	1 172 798	7 180 119	6 346 377	43
2023	5 393 899	-607 350	1 179 289	8 137 085	6 872 690	46
2022	4 944 170	-93 891	1 068 288	8 839 968	7 480 040	47
2021	5 915 818	804 958	1 028 735	8 515 633	7 637 691	47
2020	3 868 892	313 706	905 086	7 680 645	7 204 397	48
2019	4 403 027	403 233	923 023	7 831 035	7 122 981	49
2018	—	—	—	—	—	47
2017	—	—	—	—	—	50
2016	—	—	—	—	—	49
2015	—	—	—	—	—	49
2014	—	—	—	—	—	0
2013	—	—	—	—	—	58
2012	—	—	—	—	—	0
2011	—	—	—	—	—	65
2010	—	—	—	—	—	62
2009	—	—	—	—	—	72
2008	—	—	—	—	—	75
2007	—	—	—	—	—	74
2006	—	—	—	—	—	74
2005	—	—	—	—	—	72
2004	—	—	—	—	—	70
2003	—	—	—	—	—	70
2002	—	—	—	—	—	68
2001	—	—	—	—	—	58
2000	—	—	—	—	—	57
1999	—	—	—	—	—	66
1998	—	—	—	—	—	56
1997	—	—	—	—	—	25

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

0.6 %

Net profit / revenue

Return on equity (ROE)

0.4 %

Net profit / equity

Return on assets (ROA)

0.4 %

Net profit / assets

Equity ratio

87.7 %

Equity / assets

Debt ratio

12.3 %

Liabilities / assets

Current ratio

4.63

Current assets / current liabilities

Revenue per employee

98 528 €

Revenue / average full-time employees

Labour cost per employee per month

2 331 €

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	30 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	1 Jul 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	19 Jul 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	4 Jul 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	30 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	8 Jul 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
2	15 600 000 EEK	Luminor Bank AS	2 Jul 2010 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Toomas Matt
Board member · since 18 Aug 2025

Right of representation

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

Owners

No owner information.

Owner in

Osaühing AquaMyk
49%
OÜ Nukimaa
100%

Beneficial owners

Toomas Matt
Direct ownership · since 24 Oct 2018

Founders and other persons

Tarmo Ader
Audit firm · 22 May 2007
Andrus Kärm
Supervisory board member · 15 Jul 2022
Neeme Viik
Supervisory board member · 15 Jul 2022
Rein Matt
Supervisory board member · 15 Jul 2022
Omanikukonto: ANDRUS KÄRM
Shareholder · 46 214 € · 16 Aug 2023
Omanikukonto: CLASSY HOLDING OÜ
Shareholder · 170 880 € · 7 Apr 2026

shared board members, owners or beneficial owners

Activities (EMTAK)

23631Manufacture of ready-mixed concrete Main
08121Operation of gravel and sand pits and mining of clay and kaolin
08122Manufacture of crushed stone
23619Manufacture of other concrete products for construction purposes
23991Manufacture of other non-metallic mineral products n.e.c.
38211Materials recovery
42111Construction of roads and motorways
43111Demolition
43991Erecting and dismantling of scaffolds, rental of cranes and other building equipment with an operator
46871Wholesale of waste and scrap, buying up packaging and tare
47529Retail sale of other building material and goods
49411Freight transport by road

Rulings 17

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 30006120 / 17 18 Aug 2025	Amendment entry		In force 18 Aug 2025	PDF
K 30006120 / 16 14 Mar 2018	Commercial pledge amended		In force 14 Mar 2018	PDF
Ä 30006120 / 15 19 Jan 2018	Amendment entry		In force 19 Jan 2018	PDF
Ä 30006120 / 14 7 Dec 2017	Amendment entry		In force 7 Dec 2017	PDF
Ä 30006120 / 13 4 Dec 2017	Amendment entry		In force 4 Dec 2017	PDF
Ä 30006120 / 12 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 30006120 / 11 16 Jan 2015	Amendment entry		In force 16 Jan 2015	PDF
Ä 30006120 / M3 30 Dec 2014	Ruling to eliminate deficiencies	29 Jan 2015	Deficiencies eliminated 15 Jan 2015	PDF
Ä 30006120 / 10 16 Dec 2014	Entry refused		In force 2 Jan 2015	PDF
K 30006120 / 9 30 Apr 2014	Commercial pledge amended		In force 30 Apr 2014	PDF
K 30006120 / 8 13 May 2013	Commercial pledge amended		In force 13 May 2013	PDF
K 30014408 / 3 2 Jul 2010	Commercial pledge entered		In force 2 Jul 2010	PDF
K 30014408 / 2 21 Jun 2010	Commercial pledge deleted		In force 21 Jun 2010	PDF
Ä 6120 / 7 3 Dec 2008	Deletion of activities from the registry card		In force 4 Dec 2008	PDF
Ä 6120 / 6 22 Jul 2004	Amendment entry		In force	PDF
Ä 6120 / 5 22 Oct 2002	Entry decision on the register’s own initiative		In force	PDF
Ä 6120 / 4 12 Aug 2002	Published amendment entry		In force	PDF

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

Aktsiaselts Level

Position in the industry Manufacture of other non-metallic mineral products · EMTAK 23

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 17