Osaühing KULDKROON

Active Registry code 10527338 OÜ Tallinn Registered 3 Feb 1999

Osaühing KULDKROON is a OÜ based in Tallinn, registry code 10527338, status: active. Main activity: Retail sale of watches and jewellery. According to EMTA, turnover for Q3 2026 was €49 703 with 2 employees.

Turnover

49 703 €

↑ 46.7% vs Q2 2026

State taxes

6 851 €

↑ 74.0% vs Q2 2026

Labour taxes

1 369 €

↑ 76.9% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Retail trade · EMTAK 47

Turnover · Q3 2026 49 703 €

above 64% of companies

industry median 23 652 € · companies in the industry: 7 652
Labour taxes per employee 685 €

above 22% of companies

industry median 1 201 € · companies in the industry: 4 663
Revenue · 2025 100 255 €

above 74% of companies

industry median 16 974 € · companies in the industry: 13 500
Net profit margin · 2025 -36.1 %

above 9% of companies

industry median 1.3 % · companies in the industry: 9 480

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 49 703 € · +46.7% vs Q2 2026 · industry median 23 652 € · above 64% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 685 € · +76.9% vs Q2 2026 · industry median 1 201 € · above 22% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 6 851 € · +74.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	49 703	6 851	1 369	2
Q2 2026	33 878	3 938	774	2
Q1 2026	46 297	3 044	1 657	2
Q4 2025	40 603	5 505	1 570	2
Q3 2025	38 592	3 105	1 151	2
Q2 2025	43 588	5 707	1 707	2
Q1 2025	28 377	3 459	1 594	2
Q4 2024	76 074	2 394	1 637	2
Q3 2024	55 321	7 266	1 508	2
Q2 2024	46 010	2 851	1 542	2
Q1 2024	30 524	1 555	1 476	2
Q4 2023	91 665	7 453	1 951	2
Q3 2023	74 540	8 048	1 149	2
Q2 2023	37 843	4 745	1 363	2
Q1 2023	59 007	5 863	1 856	2
Q4 2022	65 961	5 718	1 508	2
Q3 2022	65 412	7 174	1 375	2
Q2 2022	78 793	9 276	1 740	2
Q1 2022	68 242	6 147	1 919	2

Labour taxes per employee per month

228 €

Turnover per employee in the quarter

24 852 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 100 255 € · −29.3% vs 2024 · industry median 16 974 € · above 74% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -36 236 € · −2 822.5% vs 2024 · industry median 0 € · above 2% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -36.1 % · −37.1 pp vs the year before · industry median 1.3 % · above 9% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 140 138 € · −10.2% vs 2024

Equity, € 2025: -5 404 € · −117.5% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry

Company
Industry median

Industry: Retail trade (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	100 255	-36 236	15 146	140 138	-5 404	1
2024	141 807	1 331	16 427	156 130	30 832	1
2023	167 165	-16 181	12 172	145 096	9 501	1
2022	193 604	12 912	19 823	146 143	22 182	1
2021	153 222	-30 020	16 713	152 032	9 270	1
2020	136 203	-7 923	12 226	186 355	12 190	1
2019	193 832	-26 742	31 106	164 432	11 113	2
2018	—	—	—	—	—	3
2017	—	—	—	—	—	3
2016	—	—	—	—	—	4
2015	—	—	—	—	—	3
2014	—	—	—	—	—	3
2013	—	—	—	—	—	2
2012	—	—	—	—	—	2
2011	—	—	—	—	—	2
2010	—	—	—	—	—	2
2009	—	—	—	—	—	2
2008	—	—	—	—	—	3
2007	—	—	—	—	—	3
2006	—	—	—	—	—	2
2005	—	—	—	—	—	3
2004	—	—	—	—	—	3
2003	—	—	—	—	—	3
2002	—	—	—	—	—	3
2001	—	—	—	—	—	3
2000	—	—	—	—	—	4
1999	—	—	—	—	—	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

-36.1 %

Net profit / revenue

Return on assets (ROA)

-25.9 %

Net profit / assets

Equity ratio

-3.9 %

Equity / assets

Debt ratio

103.9 %

Liabilities / assets

Current ratio

0.84

Current assets / current liabilities

Revenue per employee

100 255 €

Revenue / average full-time employees

Labour cost per employee per month

1 262 €

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	15 Jul 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	24 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	3 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	27 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 Aug 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	30 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	6 Oct 2020	Company’s own	e-Äriregister

Board

Kaupo Nõlvak
Board member · since 10 Mar 1999

Right of representation

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

Owners

Kaupo Nõlvak
Natural person · 16 623 €

90%
Sten Marten Nõlvak
Natural person · 1 847 €

10%

Beneficial owners

Kaupo Nõlvak
Direct ownership · since 19 Oct 2018
Sten Marten Nõlvak
Direct ownership · since 19 Oct 2018

Founders and other persons

Kristo Kukk
Founder · 10 000 € · 3 Feb 1999

shared board members, owners or beneficial owners

Activities (EMTAK)

47771Retail sale of watches and jewellery Main

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10018073 / 15 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10018073 / 14 30 Jun 2021	Amendment entry	In force 30 Jun 2021	PDF
K 10018073 / 13 25 Mar 2019	Commercial pledge deleted	In force 25 Mar 2019	PDF
Ä 10018073 / 12 16 Jan 2018	Amendment entry	In force 16 Jan 2018	PDF
Ä 10018073 / 11 7 Nov 2017	Amendment entry	In force 7 Nov 2017	PDF
Ä 10018073 / 10 4 Apr 2017	Amendment under Commercial Code § 525 (2)	In force 4 Apr 2017	PDF
Ä 10018073 / 9 14 Sep 2016	Amendment entry	In force 14 Sep 2016	PDF
Ä 10018073 / 8 30 Dec 2011	Amendment entry	In force 30 Dec 2011	PDF
Ä 18073 / 7 3 Dec 2008	Deletion of activities from the registry card	In force 5 Dec 2008	PDF

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

Osaühing KULDKROON

Position in the industry Retail trade · EMTAK 47

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 9