aktsiaselts Kurmik

Active Registry code 10244542 AS Võru linn Registered 11 Aug 1997
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aktsiaselts Kurmik is a AS based in Võru linn, registry code 10244542, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €859 831 with 47 employees.

Turnover
859 831 €
↓ 33.2% vs Q2 2026
State taxes
291 332 €
↑ 0.7% vs Q2 2026
Labour taxes
190 744 €
↑ 7.9% vs Q2 2026
Employees
47
−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 859 831 €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 4 058 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2024 3.8 mn €
    industry median 37 693 € · companies in the industry: 7 372
  • Net profit margin · 2024 -0.7 %
    industry median 2.8 % · companies in the industry: 5 756

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 859 831 € · −33.2% vs Q2 2026 · industry median 25 252 € · above 98% of the industry
05001 0001 5002 000Q4 2023 Company: 1 038 167 € Industry median: 26 427 €Q4·23Q1 2024 Company: 1 309 373 € Industry median: 19 618 €Q2 2024 Company: 825 002 € Industry median: 21 373 €Q2·24Q3 2024 Company: 894 872 € Industry median: 26 160 €Q4 2024 Company: 1 650 875 € Industry median: 25 496 €Q4·24Q1 2025 Company: 441 772 € Industry median: 19 568 €Q2 2025 Company: 556 882 € Industry median: 22 577 €Q2·25Q3 2025 Company: 1 435 020 € Industry median: 25 533 €Q4 2025 Company: 1 594 945 € Industry median: 25 721 €Q4·25Q1 2026 Company: 1 308 723 € Industry median: 20 483 €Q2 2026 Company: 1 287 701 € Industry median: 22 672 €Q2·26Q3 2026 Company: 859 831 € Industry median: 25 252 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 650 875 € Industry median: 25 496 €Q1 2025 Company: 441 772 € Industry median: 19 568 €Q1·25Q2 2025 Company: 556 882 € Industry median: 22 577 €Q3 2025 Company: 1 435 020 € Industry median: 25 533 €Q3·25Q4 2025 Company: 1 594 945 € Industry median: 25 721 €Q1 2026 Company: 1 308 723 € Industry median: 20 483 €Q1·26Q2 2026 Company: 1 287 701 € Industry median: 22 672 €Q3 2026 Company: 859 831 € 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: 4 058 € · +12.5% vs Q2 2026 · industry median 1 211 € · above 98% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 795 € Industry median: 1 145 €Q4·23Q1 2024 Company: 3 213 € Industry median: 1 097 €Q2 2024 Company: 2 959 € Industry median: 1 083 €Q2·24Q3 2024 Company: 3 809 € Industry median: 1 142 €Q4 2024 Company: 3 861 € Industry median: 1 179 €Q4·24Q1 2025 Company: 2 916 € Industry median: 1 188 €Q2 2025 Company: 2 805 € Industry median: 1 149 €Q2·25Q3 2025 Company: 4 765 € Industry median: 1 208 €Q4 2025 Company: 4 387 € Industry median: 1 254 €Q4·25Q1 2026 Company: 3 930 € Industry median: 1 183 €Q2 2026 Company: 3 607 € Industry median: 1 166 €Q2·26Q3 2026 Company: 4 058 € Industry median: 1 211 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 3 861 € Industry median: 1 179 €Q1 2025 Company: 2 916 € Industry median: 1 188 €Q1·25Q2 2025 Company: 2 805 € Industry median: 1 149 €Q3 2025 Company: 4 765 € Industry median: 1 208 €Q3·25Q4 2025 Company: 4 387 € Industry median: 1 254 €Q1 2026 Company: 3 930 € Industry median: 1 183 €Q1·26Q2 2026 Company: 3 607 € Industry median: 1 166 €Q3 2026 Company: 4 058 € 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: 47 · −4.1% vs Q2 2026
0204060Q4 2023 Company: 47Q4·23Q1 2024 Company: 49Q2 2024 Company: 51Q2·24Q3 2024 Company: 46Q4 2024 Company: 47Q4·24Q1 2025 Company: 48Q2 2025 Company: 52Q2·25Q3 2025 Company: 44Q4 2025 Company: 43Q4·25Q1 2026 Company: 45Q2 2026 Company: 49Q2·26Q3 2026 Company: 47Q3·260204060Q4 2024 Company: 47Q1 2025 Company: 48Q1·25Q2 2025 Company: 52Q3 2025 Company: 44Q3·25Q4 2025 Company: 43Q1 2026 Company: 45Q1·26Q2 2026 Company: 49Q3 2026 Company: 47Q3·26
State taxes, € thousand Q3 2026: 291 332 € · +0.7% vs Q2 2026
0100200300400500Q4 2023 Company: 216 016 €Q4·23Q1 2024 Company: 317 281 €Q2 2024 Company: 224 371 €Q2·24Q3 2024 Company: 225 692 €Q4 2024 Company: 400 420 €Q4·24Q1 2025 Company: 157 965 €Q2 2025 Company: 173 400 €Q2·25Q3 2025 Company: 350 602 €Q4 2025 Company: 349 683 €Q4·25Q1 2026 Company: 325 740 €Q2 2026 Company: 289 196 €Q2·26Q3 2026 Company: 291 332 €Q3·260100200300400500Q4 2024 Company: 400 420 €Q1 2025 Company: 157 965 €Q1·25Q2 2025 Company: 173 400 €Q3 2025 Company: 350 602 €Q3·25Q4 2025 Company: 349 683 €Q1 2026 Company: 325 740 €Q1·26Q2 2026 Company: 289 196 €Q3 2026 Company: 291 332 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 859 831 291 332 190 744 47
Q2 2026 1 287 701 289 196 176 720 49
Q1 2026 1 308 723 325 740 176 858 45
Q4 2025 1 594 945 349 683 188 620 43
Q3 2025 1 435 020 350 602 209 646 44
Q2 2025 556 882 173 400 145 842 52
Q1 2025 441 772 157 965 139 978 48
Q4 2024 1 650 875 400 420 181 448 47
Q3 2024 894 872 225 692 175 219 46
Q2 2024 825 002 224 371 150 925 51
Q1 2024 1 309 373 317 281 157 423 49
Q4 2023 1 038 167 216 016 178 364 47
Q3 2023 1 497 276 324 598 170 445 48
Q2 2023 1 030 562 202 025 115 203 50
Q1 2023 1 653 976 283 064 147 504 46
Q4 2022 1 230 109 191 603 134 696 46
Q3 2022 1 234 675 274 232 178 610 49
Q2 2022 1 472 964 297 057 148 379 58
Q1 2022 801 487 180 673 115 974 50
Labour taxes per employee per month
1 353 €
Turnover per employee in the quarter
18 294 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2024: 3 810 526 € · −31.4% vs 2023 · industry median 37 693 € · above 98% of the industry
02 0004 0006 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3 716 786 € Industry median: 38 887 €20192020 Company: 3 785 334 € Industry median: 35 421 €20202021 Company: 3 839 150 € Industry median: 38 300 €20212022 Company: 4 949 274 € Industry median: 39 550 €20222023 Company: 5 555 226 € Industry median: 37 270 €20232024 Company: 3 810 526 € Industry median: 37 693 €20242025 Company: — Industry median: 38 239 €202502 0004 0006 0002018 Company: — Industry median: —2019 Company: 3 716 786 € Industry median: 38 887 €20192020 Company: 3 785 334 € Industry median: 35 421 €2021 Company: 3 839 150 € Industry median: 38 300 €20212022 Company: 4 949 274 € Industry median: 39 550 €2023 Company: 5 555 226 € Industry median: 37 270 €20232024 Company: 3 810 526 € Industry median: 37 693 €2025 Company: — 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 2024: -27 336 € · −103.7% vs 2023 · industry median 108 € · above 5% of the industry
-20002004006008002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 210 029 € Industry median: 643 €20192020 Company: 403 172 € Industry median: 281 €20202021 Company: 210 193 € Industry median: 315 €20212022 Company: 431 150 € Industry median: 398 €20222023 Company: 732 201 € Industry median: 253 €20232024 Company: -27 336 € Industry median: 108 €20242025 Company: — Industry median: 411 €2025-20002004006008002018 Company: — Industry median: —2019 Company: 210 029 € Industry median: 643 €20192020 Company: 403 172 € Industry median: 281 €2021 Company: 210 193 € Industry median: 315 €20212022 Company: 431 150 € Industry median: 398 €2023 Company: 732 201 € Industry median: 253 €20232024 Company: -27 336 € Industry median: 108 €2025 Company: — 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, % 2024: -0.7 % · −13.9 pp vs the year before · industry median 2.8 % · above 32% of the industry
-50510152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 5.7 % Industry median: 4.5 %20192020 Company: 10.7 % Industry median: 4.0 %20202021 Company: 5.5 % Industry median: 3.8 %20212022 Company: 8.7 % Industry median: 3.9 %20222023 Company: 13.2 % Industry median: 3.9 %20232024 Company: -0.7 % Industry median: 2.8 %20242025 Company: — Industry median: 3.5 %2025-50510152018 Company: — Industry median: —2019 Company: 5.7 % Industry median: 4.5 %20192020 Company: 10.7 % Industry median: 4.0 %2021 Company: 5.5 % Industry median: 3.8 %20212022 Company: 8.7 % Industry median: 3.9 %2023 Company: 13.2 % Industry median: 3.9 %20232024 Company: -0.7 % Industry median: 2.8 %2025 Company: — 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 2024: 2 906 071 € · −2.4% vs 2023
01 0002 0003 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 489 080 €20192020 Company: 1 953 299 €20202021 Company: 1 788 211 €20212022 Company: 2 471 720 €20222023 Company: 2 976 946 €20232024 Company: 2 906 071 €20242025 Company: —202501 0002 0003 0002018 Company: —2019 Company: 1 489 080 €20192020 Company: 1 953 299 €2021 Company: 1 788 211 €20212022 Company: 2 471 720 €2023 Company: 2 976 946 €20232024 Company: 2 906 071 €2025 Company: —2025
Equity, € thousand 2024: 2 658 097 € · −1.0% vs 2023
01 0002 0003 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 215 178 €20192020 Company: 1 618 350 €20202021 Company: 1 635 564 €20212022 Company: 2 121 714 €20222023 Company: 2 685 832 €20232024 Company: 2 658 097 €20242025 Company: —202501 0002 0003 0002018 Company: —2019 Company: 1 215 178 €20192020 Company: 1 618 350 €2021 Company: 1 635 564 €20212022 Company: 2 121 714 €2023 Company: 2 685 832 €20232024 Company: 2 658 097 €2025 Company: —2025
Employees 2025: 46 · +2.2% vs 2024 · industry median 2 · above 98% of the industry
010203040502016 Company: 45 Industry median: —20162017 Company: 45 Industry median: —20172018 Company: 42 Industry median: 220182019 Company: 42 Industry median: 220192020 Company: 44 Industry median: 220202021 Company: 45 Industry median: 220212022 Company: 45 Industry median: 220222023 Company: 45 Industry median: 220232024 Company: 45 Industry median: 220242025 Company: 46 Industry median: 22025010203040502018 Company: 42 Industry median: 22019 Company: 42 Industry median: 220192020 Company: 44 Industry median: 22021 Company: 45 Industry median: 220212022 Company: 45 Industry median: 22023 Company: 45 Industry median: 220232024 Company: 45 Industry median: 22025 Company: 46 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 — — — — — 46
2024 3 810 526 -27 336 1 552 755 2 906 071 2 658 097 45
2023 5 555 226 732 201 1 519 852 2 976 946 2 685 832 45
2022 4 949 274 431 150 1 411 535 2 471 720 2 121 714 45
2021 3 839 150 210 193 1 166 207 1 788 211 1 635 564 45
2020 3 785 334 403 172 1 140 467 1 953 299 1 618 350 44
2019 3 716 786 210 029 1 130 494 1 489 080 1 215 178 42
2018 — — — — — 42
2017 — — — — — 45
2016 — — — — — 45
2015 — — — — — 45
2014 — — — — — 43
2013 — — — — — 40
2012 — — — — — 45
2011 — — — — — 44
2010 — — — — — 42
2009 — — — — — 68
2008 — — — — — 68
2006 — — — — — 59
2005 — — — — — 59
2004 — — — — — 62
2003 — — — — — 74
2002 — — — — — 73
2001 — — — — — 72
2000 — — — — — 82

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2024

Net profit margin
-0.7 %
Net profit / revenue
Return on equity (ROE)
-1.0 %
Net profit / equity
Return on assets (ROA)
-0.9 %
Net profit / assets
Equity ratio
91.5 %
Equity / assets
Debt ratio
8.5 %
Liabilities / assets
Current ratio
7.27
Current assets / current liabilities
Revenue per employee
84 678 €
Revenue / average full-time employees
Labour cost per employee per month
2 875 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 16 Sep 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 2 Aug 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 10 Nov 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 6 Dec 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 1 Dec 2022 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 19 Oct 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 1 000 000 EEK Aktsiaselts SEB Eesti Ühispank 9 Feb 2004 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Andri Needo
    Board member · since 18 Oct 2024
  • Epp Needo
    Procurator · since 11 Aug 1997

Right of representation

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

Any procurator may represent the public limited company in all legal acts related to its business. A procurator may transfer or encumber immovable property only if that right is entered on the registry card.

Owners

No owner information.

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
  • 71121Constructional engineering-technical designing and consulting
Rulings
Number, date Title Deadline State Document
Ä 20007107 / M21
9 Jul 2026
Warning of a fine: annual report not filed 8 Aug 2026 Deficiencies eliminated
1 Nov 2026
PDF
Ä 20007107 / M20
8 Jul 2025
Warning of a fine: annual report not filed 7 Aug 2025 Deficiencies eliminated
1 Oct 2025
PDF
Ä 20007107 / 11
11 Nov 2024
Entry refused In force
11 Dec 2024
PDF
Ä 20007107 / 10
11 Nov 2024
Amendment entry In force
11 Nov 2024
PDF
Ä 20007107 / 9
18 Oct 2024
Amendment entry In force
18 Oct 2024
PDF
Ä 20007107 / M19
19 Sep 2024
Ruling to eliminate deficiencies 27 Oct 2024 Deficiencies eliminated
18 Oct 2024
PDF
Ä 20007107 / M18
7 Jul 2024
Warning of a fine: annual report not filed 6 Aug 2024 Deficiencies eliminated
3 Aug 2024
PDF
Ä 20007107 / M17
24 Sep 2023
Fine for not filing the report 10 Oct 2023 Deficiencies eliminated
11 Nov 2023
PDF
Ä 20007107 / M16
24 Aug 2023
Warning of a fine: annual report not filed 23 Sep 2023 Deficiencies eliminated
11 Nov 2023
PDF
Ä 20007107 / M15
29 Aug 2022
Warning of deletion from the register: annual report not filed 28 Feb 2023 Deficiencies eliminated
1 Dec 2022
PDF
Ä 20007107 / M14
4 Aug 2022
Fine for not filing the report 26 Aug 2022 In force
27 Aug 2022
PDF
Ä 20007107 / M13
16 Mar 2022
Warning of a fine: annual report not filed 15 Apr 2022 Deficiencies eliminated
1 Dec 2022
PDF
Ä 20007107 / M12
13 Sep 2018
Warning of deletion published in Ametlikud Teadaanded In force
13 Sep 2018
PDF
Ä 20007107 / M11
8 Mar 2018
Warning of deletion from the register: annual report not filed 10 Sep 2018 Deficiencies eliminated
21 Mar 2019
PDF
Ä 20007107 / 8
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20007107 / 7
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20007107 / 6
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20007107 / M10
6 Mar 2012
Warning of deletion from the register: annual report not filed 4 Sep 2012 Deficiencies eliminated
30 Mar 2012
PDF
Ä 20007107 / 5
13 Sep 2011
Entry refused: deficiencies not eliminated In force
14 Sep 2011
PDF
Ä 20007107 / M9
14 Jun 2011
Ruling to eliminate deficiencies 14 Jul 2011 In force
14 Jun 2011
PDF
Ä 20007107 / 4
19 May 2011
Deletion of activities from the registry card In force
19 May 2011
PDF
Ä 20007107 / M8
16 May 2011
Warning of deletion from the register: annual report not filed 14 Nov 2011 Deficiencies eliminated
18 May 2011
PDF
Ä 20007107 / M7
29 Mar 2011
Fine for not filing the report 19 Apr 2011 In force
4 Apr 2011
PDF
Ä 7107 / 3
4 Dec 2008
Amendment entry In force
4 Dec 2008
PDF
Ä 7107 / M6
25 Nov 2008
Warning of a fine: annual report not filed 31 Dec 2008 Deficiencies eliminated
4 Aug 2009
PDF
Ä 7107 / M5
22 May 2008
Warning of a fine: deficiencies in the annual report 25 Jul 2008 Deficiencies eliminated
26 May 2008
PDF
Ä 7107 / M4
27 Nov 2007
Fine for not filing the report 29 Dec 2007 In force
29 Nov 2007
PDF
Ä 7107 / M3
18 Sep 2006
Warning of a fine: annual report not filed 16 Oct 2006 In force
13 Feb 2007
PDF
K 26240 / 2
16 Dec 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
Ä 7107 / M2
1 Jun 2004
Ruling to be served 30 Jul 2004 In force PDF
K 26240
9 Feb 2004
Commercial pledge entered In force PDF
Ä 7107 / 2
3 Oct 2002
Entry decision on the register’s own initiative In force PDF

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