KEVELT AS

Bankrupt Registry code 10418580 AS Tallinn Registered 24 Mar 1998
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KEVELT AS is a AS based in Tallinn, registry code 10418580, status: bankrupt. Main activity: Manufacture of pharmaceutical preparations. According to EMTA, turnover for Q3 2026 was €0 with employees.

Turnover
0 €
↓ 100.0% vs Q2 2026
State taxes
—
Labour taxes
—
Employees
—

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

Position in the industry Manufacture of basic pharmaceutical products and pharmaceutical preparations · EMTAK 21

  • Revenue · 2025 2 mn €
    industry median 48 003 € · companies in the industry: 19
  • Net profit margin · 2025 -46.4 %
    industry median 9.8 % · companies in the industry: 15

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 0 € · −100.0% vs Q2 2026 · industry median 234 187 € · above 2% of the industry
05001 0001 500Q4 2023 Company: 978 397 € Industry median: 102 827 €Q4·23Q1 2024 Company: 644 445 € Industry median: 160 070 €Q2 2024 Company: 913 503 € Industry median: 216 097 €Q2·24Q3 2024 Company: 382 989 € Industry median: 261 493 €Q4 2024 Company: 1 340 806 € Industry median: 198 576 €Q4·24Q1 2025 Company: 913 828 € Industry median: 231 372 €Q2 2025 Company: 789 285 € Industry median: 292 853 €Q2·25Q3 2025 Company: 545 634 € Industry median: 423 731 €Q4 2025 Company: 834 913 € Industry median: 410 601 €Q4·25Q1 2026 Company: 894 116 € Industry median: 375 496 €Q2 2026 Company: 968 112 € Industry median: 198 786 €Q2·26Q3 2026 Company: 0 € Industry median: 234 187 €Q3·2605001 0001 500Q4 2024 Company: 1 340 806 € Industry median: 198 576 €Q1 2025 Company: 913 828 € Industry median: 231 372 €Q1·25Q2 2025 Company: 789 285 € Industry median: 292 853 €Q3 2025 Company: 545 634 € Industry median: 423 731 €Q3·25Q4 2025 Company: 834 913 € Industry median: 410 601 €Q1 2026 Company: 894 116 € Industry median: 375 496 €Q1·26Q2 2026 Company: 968 112 € Industry median: 198 786 €Q3 2026 Company: 0 € Industry median: 234 187 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of basic pharmaceutical products and pharmaceutical preparations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q1 2026: 2 964 € · −27.5% vs Q4 2025 · industry median 4 205 € · above 27% of the industry
02 0004 0006 000Q4 2023 Company: 4 319 € Industry median: 3 627 €Q4·23Q1 2024 Company: 2 279 € Industry median: 3 668 €Q2 2024 Company: 2 716 € Industry median: 3 706 €Q2·24Q3 2024 Company: 3 196 € Industry median: 3 971 €Q4 2024 Company: 2 031 € Industry median: 3 921 €Q4·24Q1 2025 Company: 5 372 € Industry median: 4 259 €Q2 2025 Company: 4 109 € Industry median: 3 971 €Q2·25Q3 2025 Company: 3 162 € Industry median: 4 236 €Q4 2025 Company: 4 085 € Industry median: 4 504 €Q4·25Q1 2026 Company: 2 964 € Industry median: 4 205 €Q2 2026 Company: — Industry median: 4 757 €Q2·26Q3 2026 Company: — Industry median: 4 573 €Q3·2602 0004 0006 000Q4 2024 Company: 2 031 € Industry median: 3 921 €Q1 2025 Company: 5 372 € Industry median: 4 259 €Q1·25Q2 2025 Company: 4 109 € Industry median: 3 971 €Q3 2025 Company: 3 162 € Industry median: 4 236 €Q3·25Q4 2025 Company: 4 085 € Industry median: 4 504 €Q1 2026 Company: 2 964 € Industry median: 4 205 €Q1·26Q2 2026 Company: — Industry median: 4 757 €Q3 2026 Company: — Industry median: 4 573 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of basic pharmaceutical products and pharmaceutical preparations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q1 2026: 38 · +2.7% vs Q4 2025
010203040Q4 2023 Company: 33Q4·23Q1 2024 Company: 36Q2 2024 Company: 34Q2·24Q3 2024 Company: 36Q4 2024 Company: 35Q4·24Q1 2025 Company: 37Q2 2025 Company: 37Q2·25Q3 2025 Company: 36Q4 2025 Company: 37Q4·25Q1 2026 Company: 38Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·26010203040Q4 2024 Company: 35Q1 2025 Company: 37Q1·25Q2 2025 Company: 37Q3 2025 Company: 36Q3·25Q4 2025 Company: 37Q1 2026 Company: 38Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
State taxes, € thousand Q2 2026: 5 113 € · −95.2% vs Q1 2026
050100150200Q4 2023 Company: 138 335 €Q4·23Q1 2024 Company: 76 778 €Q2 2024 Company: 87 604 €Q2·24Q3 2024 Company: 109 002 €Q4 2024 Company: 63 863 €Q4·24Q1 2025 Company: 191 190 €Q2 2025 Company: 145 215 €Q2·25Q3 2025 Company: 105 190 €Q4 2025 Company: 143 282 €Q4·25Q1 2026 Company: 106 476 €Q2 2026 Company: 5 113 €Q2·26Q3 2026 Company: —Q3·26050100150200Q4 2024 Company: 63 863 €Q1 2025 Company: 191 190 €Q1·25Q2 2025 Company: 145 215 €Q3 2025 Company: 105 190 €Q3·25Q4 2025 Company: 143 282 €Q1 2026 Company: 106 476 €Q1·26Q2 2026 Company: 5 113 €Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — — — —
Q2 2026 968 112 5 113 8 641 —
Q1 2026 894 116 106 476 112 616 38
Q4 2025 834 913 143 282 151 163 37
Q3 2025 545 634 105 190 113 831 36
Q2 2025 789 285 145 215 152 044 37
Q1 2025 913 828 191 190 198 774 37
Q4 2024 1 340 806 63 863 71 080 35
Q3 2024 382 989 109 002 115 063 36
Q2 2024 913 503 87 604 92 330 34
Q1 2024 644 445 76 778 82 026 36
Q4 2023 978 397 138 335 142 517 33
Q3 2023 498 788 138 808 143 425 32
Q2 2023 868 188 106 261 109 979 30
Q1 2023 190 607 90 787 94 514 29
Q4 2022 773 050 77 829 80 820 29
Q3 2022 636 915 92 205 95 989 28
Q2 2022 884 940 67 167 72 276 31
Q1 2022 676 057 73 834 78 399 34

Financials by year

2016 – 2025
Revenue, € thousand 2025: 1 998 168 € · −14.5% vs 2024 · industry median 48 003 € · above 75% of the industry
01 0002 0003 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 818 384 € Industry median: 28 809 €20192020 Company: 2 505 547 € Industry median: 25 207 €20202021 Company: 2 720 817 € Industry median: 11 877 €20212022 Company: 2 255 486 € Industry median: 4 897 €20222023 Company: 2 544 589 € Industry median: 3 851 €20232024 Company: 2 337 880 € Industry median: 25 284 €20242025 Company: 1 998 168 € Industry median: 48 003 €202501 0002 0003 0002018 Company: — Industry median: —2019 Company: 2 818 384 € Industry median: 28 809 €20192020 Company: 2 505 547 € Industry median: 25 207 €2021 Company: 2 720 817 € Industry median: 11 877 €20212022 Company: 2 255 486 € Industry median: 4 897 €2023 Company: 2 544 589 € Industry median: 3 851 €20232024 Company: 2 337 880 € Industry median: 25 284 €2025 Company: 1 998 168 € Industry median: 48 003 €2025
  • Company
  • Industry median

Industry: Manufacture of basic pharmaceutical products and pharmaceutical preparations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -927 977 € · −3 496.6% vs 2024 · industry median 676 € · above 7% of the industry
-2 000-1 00001 0002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 368 657 € Industry median: 2 812 €20192020 Company: -1 302 981 € Industry median: 97 €20202021 Company: -178 562 € Industry median: 0 €20212022 Company: -394 338 € Industry median: 0 €20222023 Company: -25 717 € Industry median: 0 €20232024 Company: 27 321 € Industry median: 0 €20242025 Company: -927 977 € Industry median: 676 €2025-2 000-1 00001 0002 0002018 Company: — Industry median: —2019 Company: 1 368 657 € Industry median: 2 812 €20192020 Company: -1 302 981 € Industry median: 97 €2021 Company: -178 562 € Industry median: 0 €20212022 Company: -394 338 € Industry median: 0 €2023 Company: -25 717 € Industry median: 0 €20232024 Company: 27 321 € Industry median: 0 €2025 Company: -927 977 € Industry median: 676 €2025
  • Company
  • Industry median

Industry: Manufacture of basic pharmaceutical products and pharmaceutical preparations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -46.4 % · −47.6 pp vs the year before · industry median 9.8 % · above 15% of the industry
-75-50-25025502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 48.6 % Industry median: 10.2 %20192020 Company: -52.0 % Industry median: 7.1 %20202021 Company: -6.6 % Industry median: 1.4 %20212022 Company: -17.5 % Industry median: -1.9 %20222023 Company: -1.0 % Industry median: 4.4 %20232024 Company: 1.2 % Industry median: 1.2 %20242025 Company: -46.4 % Industry median: 9.8 %2025-75-50-25025502018 Company: — Industry median: —2019 Company: 48.6 % Industry median: 10.2 %20192020 Company: -52.0 % Industry median: 7.1 %2021 Company: -6.6 % Industry median: 1.4 %20212022 Company: -17.5 % Industry median: -1.9 %2023 Company: -1.0 % Industry median: 4.4 %20232024 Company: 1.2 % Industry median: 1.2 %2025 Company: -46.4 % Industry median: 9.8 %2025
  • Company
  • Industry median

Industry: Manufacture of basic pharmaceutical products and pharmaceutical preparations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 999 138 € · −48.2% vs 2024
02 5005 0007 50010 00012 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 12 052 626 €20192020 Company: 5 794 744 €20202021 Company: 6 184 182 €20212022 Company: 5 786 439 €20222023 Company: 5 646 259 €20232024 Company: 1 927 483 €20242025 Company: 999 138 €202502 5005 0007 50010 00012 5002018 Company: —2019 Company: 12 052 626 €20192020 Company: 5 794 744 €2021 Company: 6 184 182 €20212022 Company: 5 786 439 €2023 Company: 5 646 259 €20232024 Company: 1 927 483 €2025 Company: 999 138 €2025
Equity, € thousand 2025: 174 979 € · −84.1% vs 2024
02 0004 0006 0008 00010 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 9 072 782 €20192020 Company: 1 680 642 €20202021 Company: 1 502 080 €20212022 Company: 1 107 742 €20222023 Company: 1 082 025 €20232024 Company: 1 102 956 €20242025 Company: 174 979 €202502 0004 0006 0008 00010 0002018 Company: —2019 Company: 9 072 782 €20192020 Company: 1 680 642 €2021 Company: 1 502 080 €20212022 Company: 1 107 742 €2023 Company: 1 082 025 €20232024 Company: 1 102 956 €2025 Company: 174 979 €2025
Employees 2025: 31 · −3.1% vs 2024 · industry median 28 · above 55% of the industry
0102030402016 Company: 33 Industry median: —20162017 Company: 38 Industry median: —20172018 Company: 37 Industry median: —20182019 Company: 36 Industry median: 3420192020 Company: 31 Industry median: 32.520202021 Company: 31 Industry median: —20212022 Company: 26 Industry median: —20222023 Company: 27 Industry median: 2520232024 Company: 32 Industry median: 3220242025 Company: 31 Industry median: 2820250102030402018 Company: 37 Industry median: —2019 Company: 36 Industry median: 3420192020 Company: 31 Industry median: 32.52021 Company: 31 Industry median: —20212022 Company: 26 Industry median: —2023 Company: 27 Industry median: 2520232024 Company: 32 Industry median: 322025 Company: 31 Industry median: 282025
  • Company
  • Industry median

Industry: Manufacture of basic pharmaceutical products and pharmaceutical preparations (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 1 998 168 -927 977 1 373 097 999 138 174 979 31
2024 2 337 880 27 321 1 285 155 1 927 483 1 102 956 32
2023 2 544 589 -25 717 1 088 584 5 646 259 1 082 025 27
2022 2 255 486 -394 338 941 271 5 786 439 1 107 742 26
2021 2 720 817 -178 562 951 191 6 184 182 1 502 080 31
2020 2 505 547 -1 302 981 947 684 5 794 744 1 680 642 31
2019 2 818 384 1 368 657 982 543 12 052 626 9 072 782 36
2018 — — — — — 37
2017 — — — — — 38
2016 — — — — — 33
2015 — — — — — 38
2014 — — — — — 42
2013 — — — — — 31
2012 — — — — — 21
2011 — — — — — 17
2010 — — — — — 16
2009 — — — — — 12
2008 — — — — — 12
2007 — — — — — 12
2005 — — — — — 10
2004 — — — — — 10
2003 — — — — — 10
2002 — — — — — 10
2001 — — — — — 10
2000 — — — — — 10
1999 — — — — — 8
1998 — — — — — 7
1997 — — — — — 4

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
-46.4 %
Net profit / revenue
Return on equity (ROE)
-530.3 %
Net profit / equity
Return on assets (ROA)
-92.9 %
Net profit / assets
Equity ratio
17.5 %
Equity / assets
Debt ratio
82.5 %
Liabilities / assets
Current ratio
1.07
Current assets / current liabilities
Revenue per employee
64 457 €
Revenue / average full-time employees
Labour cost per employee per month
3 691 €
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 20 Feb 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 9 Feb 2026 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Apr 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 15 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 6 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 1 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 17 Jun 2020 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 27 Sep 2017
  • Indrek Lepsoo
    Bankruptcy trustee · since 13 Aug 2026

Owners

No owner information.

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 21201Manufacture of pharmaceutical preparations Main
  • 74991All other professional, scientific and technical activities n.e.c.

History of changes

What Value Period
Status Bankrupt 13 Aug 2026 – now
Status Active 24 Mar 1998 – now
Rulings
Number, date Title Deadline State Document
Ä 10028858 / 37
13 Aug 2026
Entry to enforce another court decision In force
13 Aug 2026
PDF
Ä 10028858 / 36
14 May 2026
Amendment entry In force
14 May 2026
PDF
Ä 10028858 / M24
17 Apr 2026
Ruling to eliminate deficiencies 17 May 2026 Deficiencies eliminated
17 Apr 2026
PDF
Ä 10028858 / 35
17 Apr 2026
Amendment entry In force
17 Apr 2026
PDF
Ä 10028858 / M23
1 Sep 2025
Procedural ruling In force
1 Sep 2025
PDF
Ä 10028858 / M22
10 Jul 2025
Warning of a fine: annual report not filed 9 Aug 2025 In force
10 Jul 2025
PDF
Ä 10028858 / M21
26 May 2025
Ruling to correct data outside an entry 9 Jun 2025 Deficiencies eliminated
4 Jun 2025
PDF
Ä 10028858 / 34
26 Feb 2025
Division entry (second, constitutive) In force
26 Feb 2025
PDF
Ä 10028858 / 33
21 Nov 2024
Amendment entry In force
21 Nov 2024
PDF
Ä 10028858 / 32
10 Jul 2023
Amendment entry In force
10 Jul 2023
PDF
Ä 10028858 / M20
26 Jun 2023
Procedural ruling 17 Jul 2023 Deficiencies eliminated
6 Jul 2023
PDF
Ä 10028858 / M19
2 Jun 2023
Ruling to eliminate deficiencies 29 Jun 2023 Deficiencies eliminated
6 Jul 2023
PDF
Ä 10028858 / 31
9 Jan 2023
Amendment entry In force
9 Jan 2023
PDF
Ä 10028858 / 30
1 Oct 2020
Amendment entry In force
1 Oct 2020
PDF
Ä 10028858 / 29
4 Jun 2020
Amendment entry In force
4 Jun 2020
PDF
Ä 10028858 / M18
2 Jun 2020
Ruling to eliminate deficiencies 17 Jun 2020 Deficiencies eliminated
4 Jun 2020
PDF
Ä 10028858 / 28
9 Mar 2020
Amendment entry In force
9 Mar 2020
PDF
Ä 10028858 / 27
6 Nov 2018
Amendment entry In force
6 Nov 2018
PDF
Ä 10028858 / 26
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10028858 / 25
11 Dec 2017
Amendment entry In force
11 Dec 2017
PDF
Ä 10028858 / M17
30 Nov 2017
Ruling to eliminate deficiencies 15 Dec 2017 Deficiencies eliminated
7 Dec 2017
PDF
Ä 10028858 / 24
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10028858 / 23
27 Sep 2017
Amendment entry In force
27 Sep 2017
PDF
Ä 10028858 / 22
12 Sep 2016
Amendment entry In force
12 Sep 2016
PDF
Ä 10028858 / 21
12 Aug 2016
Amendment entry In force
12 Aug 2016
PDF
Ä 10028858 / M16
20 Jul 2016
Ruling to eliminate deficiencies 24 Aug 2016 Deficiencies eliminated
12 Aug 2016
PDF
Ä 10028858 / M15
16 Jun 2016
Ruling to eliminate deficiencies 16 Jul 2016 Deficiencies eliminated
12 Aug 2016
PDF
Ä 10028858 / 20
28 Apr 2015
Amendment entry In force
28 Apr 2015
PDF
Ä 10028858 / M14
27 Apr 2015
Ruling to eliminate deficiencies (to be served) 29 Oct 2015 Deficiencies eliminated
28 Apr 2015
PDF
Ä 10028858 / M13
24 Apr 2015
Ruling to eliminate deficiencies 24 May 2015 Deficiencies eliminated
28 Apr 2015
PDF
Ä 10028858 / 19
27 Jan 2015
Amendment entry In force
27 Jan 2015
PDF
Ä 10028858 / M12
29 Dec 2014
Ruling to eliminate deficiencies 28 Jan 2015 Deficiencies eliminated
23 Jan 2015
PDF
Ä 10028858 / 18
4 Nov 2014
Amendment entry In force
4 Nov 2014
PDF
Ä 10028858 / M11
8 Oct 2014
Ruling to eliminate deficiencies 7 Nov 2014 Deficiencies eliminated
4 Nov 2014
PDF
Ä 10028858 / 17
11 Jun 2014
Amendment entry In force
11 Jun 2014
PDF
Ä 10028858 / M10
12 May 2014
Ruling to eliminate deficiencies 11 Jun 2014 Deficiencies eliminated
4 Jun 2014
PDF
Ä 10028858 / 16
27 Jan 2014
Amendment entry In force
27 Jan 2014
PDF
Ä 10028858 / M9
3 Jan 2014
Ruling to correct data outside an entry 2 Feb 2014 Deficiencies eliminated
7 Jan 2014
PDF
Ä 10028858 / 15
27 Jun 2013
Amendment entry In force
27 Jun 2013
PDF
Ä 10028858 / M8
25 Jun 2013
Ruling to eliminate deficiencies 9 Aug 2013 Deficiencies eliminated
26 Jun 2013
PDF
Ä 10028858 / 14
8 May 2013
Amendment entry In force
8 May 2013
PDF
Ä 10028858 / M7
6 May 2013
Ruling to eliminate deficiencies 5 Jun 2013 Deficiencies eliminated
8 May 2013
PDF
Ä 10028858 / 13
10 Apr 2012
Amendment entry In force
10 Apr 2012
PDF
Ä 10028858 / M6
26 Mar 2012
Ruling to eliminate deficiencies 15 May 2012 In force
26 Mar 2012
PDF
Ä 10028858 / 12
1 Mar 2012
Amendment entry In force
1 Mar 2012
PDF
Ä 10028858 / M5
20 Feb 2012
Ruling to eliminate deficiencies 14 Mar 2012 In force
20 Feb 2012
PDF
Ä 10028858 / M4
13 Jan 2012
Ruling to eliminate deficiencies 1 Mar 2012 In force
13 Jan 2012
PDF
Ä 10028858 / 11
7 Jan 2011
Amendment entry In force
7 Jan 2011
PDF
Ä 10028858 / 10
22 Dec 2010
Amendment entry In force
22 Dec 2010
PDF
Ä 10028858 / M3
20 Dec 2010
Ruling to eliminate deficiencies 7 Feb 2011 In force
20 Dec 2010
PDF
Ä 10028858 / 9
8 Apr 2010
Amendment entry In force
8 Apr 2010
PDF
Ä 28858 / 8
15 Dec 2009
Amendment entry In force
15 Dec 2009
PDF
Ä 28858 / 7
10 Nov 2009
Amendment entry In force
10 Nov 2009
PDF
Ä 28858 / 6
2 Nov 2009
Amendment entry In force
2 Nov 2009
PDF
Ä 28858 / 5
30 Oct 2009
Amendment entry In force
30 Oct 2009
PDF
Ä 28858 / M2
1 Oct 2009
Ruling to eliminate deficiencies 2 Nov 2009 In force
1 Oct 2009
PDF
Ä 28858 / 4
3 Dec 2008
Deletion of activities from the registry card In force
8 Dec 2008
PDF
Ä 28858 / 3
13 Jan 2003
Entry decision on the register’s own initiative In force PDF

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