Aktsiaselts KOVEK

Active Registry code 10395123 AS Saue linn Registered 27 Feb 1998
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Aktsiaselts KOVEK is a AS based in Saue linn, registry code 10395123, status: active. Main activity: Sewerage and wastewater management. According to EMTA, turnover for Q3 2026 was €697 397 with 20 employees.

Turnover
697 397 €
↓ 11.6% vs Q2 2026
State taxes
159 435 €
↓ 3.1% vs Q2 2026
Labour taxes
81 412 €
↓ 2.7% vs Q2 2026
Employees
20
±0 vs Q2 2026

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

Position in the industry Sewerage · EMTAK 37

  • Turnover · Q3 2026 697 397 €
    industry median 120 838 € · companies in the industry: 97
  • Labour taxes per employee 4 071 €
    industry median 2 776 € · companies in the industry: 82
  • Revenue · 2025 2.9 mn €
    industry median 81 824 € · companies in the industry: 130
  • Net profit margin · 2025 -10.4 %
    industry median 1.8 % · companies in the industry: 115

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 697 397 € · −11.6% vs Q2 2026 · industry median 120 838 € · above 85% of the industry
02004006008001 000Q4 2023 Company: 595 385 € Industry median: 98 836 €Q4·23Q1 2024 Company: 598 840 € Industry median: 104 739 €Q2 2024 Company: 548 728 € Industry median: 140 159 €Q2·24Q3 2024 Company: 685 132 € Industry median: 121 495 €Q4 2024 Company: 751 826 € Industry median: 147 769 €Q4·24Q1 2025 Company: 756 215 € Industry median: 92 363 €Q2 2025 Company: 700 706 € Industry median: 109 088 €Q2·25Q3 2025 Company: 692 442 € Industry median: 116 427 €Q4 2025 Company: 779 936 € Industry median: 97 364 €Q4·25Q1 2026 Company: 803 413 € Industry median: 91 139 €Q2 2026 Company: 789 279 € Industry median: 103 187 €Q2·26Q3 2026 Company: 697 397 € Industry median: 120 838 €Q3·2602004006008001 000Q4 2024 Company: 751 826 € Industry median: 147 769 €Q1 2025 Company: 756 215 € Industry median: 92 363 €Q1·25Q2 2025 Company: 700 706 € Industry median: 109 088 €Q3 2025 Company: 692 442 € Industry median: 116 427 €Q3·25Q4 2025 Company: 779 936 € Industry median: 97 364 €Q1 2026 Company: 803 413 € Industry median: 91 139 €Q1·26Q2 2026 Company: 789 279 € Industry median: 103 187 €Q3 2026 Company: 697 397 € 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: 4 071 € · −2.7% vs Q2 2026 · industry median 2 776 € · above 83% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 635 € Industry median: 2 292 €Q4·23Q1 2024 Company: 3 726 € Industry median: 2 581 €Q2 2024 Company: 3 828 € Industry median: 2 215 €Q2·24Q3 2024 Company: 3 619 € Industry median: 2 709 €Q4 2024 Company: 4 102 € Industry median: 2 640 €Q4·24Q1 2025 Company: 4 241 € Industry median: 2 866 €Q2 2025 Company: 4 178 € Industry median: 2 699 €Q2·25Q3 2025 Company: 4 408 € Industry median: 2 844 €Q4 2025 Company: 4 485 € Industry median: 2 637 €Q4·25Q1 2026 Company: 4 426 € Industry median: 2 617 €Q2 2026 Company: 4 185 € Industry median: 2 514 €Q2·26Q3 2026 Company: 4 071 € Industry median: 2 776 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 4 102 € Industry median: 2 640 €Q1 2025 Company: 4 241 € Industry median: 2 866 €Q1·25Q2 2025 Company: 4 178 € Industry median: 2 699 €Q3 2025 Company: 4 408 € Industry median: 2 844 €Q3·25Q4 2025 Company: 4 485 € Industry median: 2 637 €Q1 2026 Company: 4 426 € Industry median: 2 617 €Q1·26Q2 2026 Company: 4 185 € Industry median: 2 514 €Q3 2026 Company: 4 071 € 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: 20 · +0.0% vs Q2 2026
05101520Q4 2023 Company: 18Q4·23Q1 2024 Company: 18Q2 2024 Company: 18Q2·24Q3 2024 Company: 19Q4 2024 Company: 18Q4·24Q1 2025 Company: 19Q2 2025 Company: 19Q2·25Q3 2025 Company: 19Q4 2025 Company: 19Q4·25Q1 2026 Company: 19Q2 2026 Company: 20Q2·26Q3 2026 Company: 20Q3·2605101520Q4 2024 Company: 18Q1 2025 Company: 19Q1·25Q2 2025 Company: 19Q3 2025 Company: 19Q3·25Q4 2025 Company: 19Q1 2026 Company: 19Q1·26Q2 2026 Company: 20Q3 2026 Company: 20Q3·26
State taxes, € thousand Q3 2026: 159 435 € · −3.1% vs Q2 2026
050100150200Q4 2023 Company: 118 962 €Q4·23Q1 2024 Company: 77 545 €Q2 2024 Company: 86 326 €Q2·24Q3 2024 Company: 101 924 €Q4 2024 Company: 103 108 €Q4·24Q1 2025 Company: 113 390 €Q2 2025 Company: 113 748 €Q2·25Q3 2025 Company: 104 707 €Q4 2025 Company: 156 675 €Q4·25Q1 2026 Company: 180 725 €Q2 2026 Company: 164 464 €Q2·26Q3 2026 Company: 159 435 €Q3·26050100150200Q4 2024 Company: 103 108 €Q1 2025 Company: 113 390 €Q1·25Q2 2025 Company: 113 748 €Q3 2025 Company: 104 707 €Q3·25Q4 2025 Company: 156 675 €Q1 2026 Company: 180 725 €Q1·26Q2 2026 Company: 164 464 €Q3 2026 Company: 159 435 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 697 397 159 435 81 412 20
Q2 2026 789 279 164 464 83 703 20
Q1 2026 803 413 180 725 84 097 19
Q4 2025 779 936 156 675 85 210 19
Q3 2025 692 442 104 707 83 756 19
Q2 2025 700 706 113 748 79 390 19
Q1 2025 756 215 113 390 80 579 19
Q4 2024 751 826 103 108 73 827 18
Q3 2024 685 132 101 924 68 758 19
Q2 2024 548 728 86 326 68 895 18
Q1 2024 598 840 77 545 67 069 18
Q4 2023 595 385 118 962 65 424 18
Q3 2023 538 837 94 947 66 998 18
Q2 2023 528 616 94 469 53 127 18
Q1 2023 581 394 64 311 54 942 17
Q4 2022 562 177 57 164 54 142 17
Q3 2022 623 390 133 330 56 340 17
Q2 2022 546 372 57 633 58 755 20
Q1 2022 574 586 74 306 54 195 19
Labour taxes per employee per month
1 357 €
Turnover per employee in the quarter
34 870 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 2 888 763 € · +14.3% vs 2024 · industry median 81 824 € · above 90% of the industry
01 0002 0003 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 547 458 € Industry median: 108 314 €20192020 Company: 2 369 547 € Industry median: 84 233 €20202021 Company: 1 919 591 € Industry median: 77 271 €20212022 Company: 2 110 857 € Industry median: 79 863 €20222023 Company: 2 113 849 € Industry median: 82 335 €20232024 Company: 2 526 951 € Industry median: 78 559 €20242025 Company: 2 888 763 € Industry median: 81 824 €202501 0002 0003 0002018 Company: — Industry median: —2019 Company: 1 547 458 € Industry median: 108 314 €20192020 Company: 2 369 547 € Industry median: 84 233 €2021 Company: 1 919 591 € Industry median: 77 271 €20212022 Company: 2 110 857 € Industry median: 79 863 €2023 Company: 2 113 849 € Industry median: 82 335 €20232024 Company: 2 526 951 € Industry median: 78 559 €2025 Company: 2 888 763 € 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: -299 248 € · −420.3% vs 2024 · industry median 275 € · above 7% of the industry
-50005001 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -271 687 € Industry median: 363 €20192020 Company: 906 654 € Industry median: 111 €20202021 Company: 989 497 € Industry median: 286 €20212022 Company: 259 482 € Industry median: 0 €20222023 Company: -102 834 € Industry median: 117 €20232024 Company: -57 509 € Industry median: 0 €20242025 Company: -299 248 € Industry median: 275 €2025-50005001 0002018 Company: — Industry median: —2019 Company: -271 687 € Industry median: 363 €20192020 Company: 906 654 € Industry median: 111 €2021 Company: 989 497 € Industry median: 286 €20212022 Company: 259 482 € Industry median: 0 €2023 Company: -102 834 € Industry median: 117 €20232024 Company: -57 509 € Industry median: 0 €2025 Company: -299 248 € 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: -10.4 % · −8.1 pp vs the year before · industry median 1.8 % · above 28% of the industry
-2002040602016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -17.6 % Industry median: 3.4 %20192020 Company: 38.3 % Industry median: 3.4 %20202021 Company: 51.5 % Industry median: 3.3 %20212022 Company: 12.3 % Industry median: 0.4 %20222023 Company: -4.9 % Industry median: 1.8 %20232024 Company: -2.3 % Industry median: -1.7 %20242025 Company: -10.4 % Industry median: 1.8 %2025-2002040602018 Company: — Industry median: —2019 Company: -17.6 % Industry median: 3.4 %20192020 Company: 38.3 % Industry median: 3.4 %2021 Company: 51.5 % Industry median: 3.3 %20212022 Company: 12.3 % Industry median: 0.4 %2023 Company: -4.9 % Industry median: 1.8 %20232024 Company: -2.3 % Industry median: -1.7 %2025 Company: -10.4 % 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: 26 214 827 € · −2.3% vs 2024
010 00020 00030 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 22 511 122 €20192020 Company: 25 294 723 €20202021 Company: 25 538 754 €20212022 Company: 26 799 239 €20222023 Company: 26 675 020 €20232024 Company: 26 832 586 €20242025 Company: 26 214 827 €2025010 00020 00030 0002018 Company: —2019 Company: 22 511 122 €20192020 Company: 25 294 723 €2021 Company: 25 538 754 €20212022 Company: 26 799 239 €2023 Company: 26 675 020 €20232024 Company: 26 832 586 €2025 Company: 26 214 827 €2025
Equity, € thousand 2025: 25 902 955 € · −1.1% vs 2024
010 00020 00030 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 22 015 895 €20192020 Company: 23 762 549 €20202021 Company: 24 752 045 €20212022 Company: 25 531 527 €20222023 Company: 26 259 713 €20232024 Company: 26 202 203 €20242025 Company: 25 902 955 €2025010 00020 00030 0002018 Company: —2019 Company: 22 015 895 €20192020 Company: 23 762 549 €2021 Company: 24 752 045 €20212022 Company: 25 531 527 €2023 Company: 26 259 713 €20232024 Company: 26 202 203 €2025 Company: 25 902 955 €2025
Employees 2025: 19 · +5.6% vs 2024 · industry median 6 · above 85% of the industry
051015202016 Company: 11 Industry median: —20162017 Company: 10 Industry median: —20172018 Company: 15 Industry median: 620182019 Company: 17 Industry median: 5.520192020 Company: 18 Industry median: 620202021 Company: 17 Industry median: 520212022 Company: 17 Industry median: 620222023 Company: 17 Industry median: 620232024 Company: 18 Industry median: 620242025 Company: 19 Industry median: 62025051015202018 Company: 15 Industry median: 62019 Company: 17 Industry median: 5.520192020 Company: 18 Industry median: 62021 Company: 17 Industry median: 520212022 Company: 17 Industry median: 62023 Company: 17 Industry median: 620232024 Company: 18 Industry median: 62025 Company: 19 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 2 888 763 -299 248 785 380 26 214 827 25 902 955 19
2024 2 526 951 -57 509 662 099 26 832 586 26 202 203 18
2023 2 113 849 -102 834 572 984 26 675 020 26 259 713 17
2022 2 110 857 259 482 560 656 26 799 239 25 531 527 17
2021 1 919 591 989 497 484 713 25 538 754 24 752 045 17
2020 2 369 547 906 654 504 361 25 294 723 23 762 549 18
2019 1 547 458 -271 687 460 740 22 511 122 22 015 895 17
2018 — — — — — 15
2017 — — — — — 10
2016 — — — — — 11
2015 — — — — — 11
2014 — — — — — 12
2013 — — — — — 12
2012 — — — — — 12
2011 — — — — — 13
2010 — — — — — 12
2009 — — — — — 13
2008 — — — — — 0
2007 — — — — — 13
2006 — — — — — 16
2005 — — — — — 20
2004 — — — — — 20
2003 — — — — — 20
2002 — — — — — 32
2000 — — — — — 48
1999 — — — — — 40
1998 — — — — — 45
1997 — — — — — 49

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
-10.4 %
Net profit / revenue
Return on equity (ROE)
-1.2 %
Net profit / equity
Return on assets (ROA)
-1.1 %
Net profit / assets
Equity ratio
98.8 %
Equity / assets
Debt ratio
1.2 %
Liabilities / assets
Current ratio
2.79
Current assets / current liabilities
Revenue per employee
152 040 €
Revenue / average full-time employees
Labour cost per employee per month
3 445 €
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 16 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 5 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 27 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 24 May 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 2 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 13 Jul 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
4 300 000 EEK Swedbank AS 14 Sep 2018 – in force
3 550 000 € Swedbank AS 14 Sep 2018 – in force
2 325 000 EEK Swedbank AS 14 Sep 2018 – in force
1 1 200 000 EEK aktsiaselts Hansapank 30 Jan 2001 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 27 Sep 2017
  • Aare Sõer
    Board member · since 7 Nov 2017
  • Jaanus Teder
    Board member · since 18 Sep 2018

Right of representation

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

Owners

No owner information.

Beneficial owners

  • Andres Laisk
    Over 50% of voting rights in the consolidated entity · since 22 Oct 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 37001Sewerage and wastewater management Main
  • 35141Distribution of electricity
  • 35301Steam and air conditioning supply
  • 36001Water collection, treatment and supply
  • 38111Collection of non-hazardous waste
  • 42221Construction of utility projects for electricity and telecommunications
  • 68201Rental and operating of own or leased real estate
  • 7739Rental and leasing of other machinery, equipment and tangible goods n.e.c.
  • 81101Combined facilities support activities
  • 81301Landscape service activities
Rulings
Number, date Title Deadline State Document
Ä 10026134 / 37
2 Sep 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
2 Sep 2025
PDF
Ä 10026134 / 36
6 Apr 2023
Amendment entry In force
6 Apr 2023
PDF
Ä 10026134 / 35
25 Mar 2021
Amendment entry In force
25 Mar 2021
PDF
Ä 10026134 / 34
23 Mar 2021
Entry refused: deficiencies not eliminated In force
8 Apr 2021
PDF
Ä 10026134 / M17
17 Feb 2021
Ruling to eliminate deficiencies 19 Mar 2021 In force
17 Feb 2021
PDF
Ä 10026134 / 33
12 Jan 2021
Entry refused In force
28 Jan 2021
PDF
Ä 10026134 / 32
14 Dec 2018
Amendment entry In force
14 Dec 2018
PDF
Ä 10026134 / 31
10 Dec 2018
Amendment entry In force
10 Dec 2018
PDF
Ä 10026134 / 30
26 Oct 2018
Amendment entry In force
26 Oct 2018
PDF
Ä 10026134 / 29
18 Sep 2018
Amendment entry In force
18 Sep 2018
PDF
Ä 10026134 / 28
14 Sep 2018
Second (constitutive) merger entry In force
14 Sep 2018
PDF
K 10026134 / 27
14 Sep 2018
Commercial pledge entered In force
14 Sep 2018
PDF
K 10026134 / 26
14 Sep 2018
Commercial pledge amended In force
14 Sep 2018
PDF
Ä 10026134 / M16
6 Sep 2018
Ruling to eliminate deficiencies 6 Oct 2018 Deficiencies eliminated
14 Sep 2018
PDF
Ä 10026134 / M15
15 Jun 2018
Ruling to correct data outside an entry 29 Jun 2018 Deficiencies eliminated
25 Jun 2018
PDF
Ä 10026134 / 25
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10026134 / 24
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10026134 / 23
27 Sep 2017
Amendment entry In force
27 Sep 2017
PDF
Ä 10026134 / 22
11 Jul 2017
Amendment entry In force
11 Jul 2017
PDF
Ä 10026134 / 21
1 Oct 2015
Amendment entry In force
1 Oct 2015
PDF
Ä 10026134 / 20
3 Jun 2014
Amendment entry In force
3 Jun 2014
PDF
Ä 10026134 / 19
30 Dec 2013
Amendment entry In force
30 Dec 2013
PDF
Ä 10026134 / M14
8 Apr 2013
Ruling to correct data outside an entry 8 May 2013 In force
8 Apr 2013
PDF
Ä 10026134 / 18
2 Apr 2013
Amendment entry In force
2 Apr 2013
PDF
Ä 10026134 / 17
21 Dec 2012
Amendment entry In force
21 Dec 2012
PDF
Ä 10026134 / 16
24 Aug 2012
Amendment entry In force
24 Aug 2012
PDF
Ä 10026134 / M13
21 Aug 2012
Ruling to eliminate deficiencies 21 Sep 2012 In force
21 Aug 2012
PDF
Ä 10026134 / 15
3 May 2012
Amendment entry In force
3 May 2012
PDF
Ä 10026134 / M12
11 Apr 2012
Ruling to eliminate deficiencies 14 May 2012 In force
11 Apr 2012
PDF
Ä 10026134 / 14
22 Dec 2011
Amendment entry In force
22 Dec 2011
PDF
Ä 10026134 / M11
6 Dec 2011
Ruling to eliminate deficiencies 6 Feb 2012 In force
6 Dec 2011
PDF
Ä 10026134 / 13
5 Sep 2011
Amendment entry In force
5 Sep 2011
PDF
Ä 10026134 / 12
18 Nov 2010
Entry refused: deficiencies not eliminated 10 Jan 2011 In force
18 Nov 2010
PDF
Ä 10026134 / 11
19 Jul 2010
Amendment entry In force
19 Jul 2010
PDF
Ä 10026134 / M10
28 Jun 2010
Ruling to eliminate deficiencies 16 Aug 2010 In force
28 Jun 2010
PDF
Ä 10026134 / M9
31 Mar 2010
Ruling to be served 30 Apr 2010 In force
31 Mar 2010
PDF
Ä 26134 / 10
3 Dec 2008
Deletion of activities from the registry card In force
5 Dec 2008
PDF
Ä 26134 / 9
29 Oct 2008
Amendment entry In force
29 Oct 2008
PDF
Ä 26134 / M8
3 Jun 2008
Ruling to eliminate deficiencies (to be served) 26 Jul 2008 In force
6 Jun 2008
PDF
Ä 26134 / M7
26 May 2008
Ruling to eliminate deficiencies (to be served) 24 Aug 2008 In force
10 Jul 2008
PDF
Ä 26134 / M6
4 Feb 2008
Warning of deletion from the register: annual report not filed Deficiencies eliminated
3 Apr 2008
PDF
Ä 26134 / 8
20 Feb 2007
Amendment entry In force
20 Feb 2007
PDF
Ä 26134 / M5
22 Jan 2007
Ruling to eliminate deficiencies (to be served) 22 Mar 2007 In force
20 Feb 2007
PDF
Ä 26134 / 7
26 Oct 2006
Amendment entry In force
26 Oct 2006
PDF
Ä 26134 / 6
15 Dec 2005
Entry decision on the register’s own initiative In force PDF
Ä 26134 / 5
14 Jan 2003
Entry decision on the register’s own initiative In force PDF
Ä 26134 / 4
20 Nov 2002
Published amendment entry In force PDF
Ä 26134 / M4
8 Nov 2002
Ruling to eliminate deficiencies (to be served) 12 Dec 2002 In force PDF
Ä 26134 / 3
23 Sep 2002
Published amendment entry In force PDF
Ä 26134 / M3
7 Aug 2002
Ruling to eliminate deficiencies (to be served) In force PDF
Ä 26134 / M2
6 Jun 2002
Ruling to eliminate deficiencies (to be served) 8 Aug 2002 In force PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data