VKG OIL AS
Active Registry code 10528765
AS Kohtla-Järve linn Registered 11 Feb 1999
VKG OIL AS is a AS based in Kohtla-Järve linn, registry code 10528765, status: active. Main activity: Manufacture of refined petroleum products and fossil fuel products. Its annual report for 2025 shows revenue of €274 443 012 and 675 employees.
Turnover
—
State taxes
4 213 894 €
↑ 30.4% vs Q2 2026
Labour taxes
2 779 205 €
↓ 9.5% vs Q2 2026
Employees
728
−4 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Taxes and turnover
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | — | 4 213 894 | 2 779 205 | 728 |
| Q2 2026 | — | 3 230 744 | 3 071 548 | 732 |
| Q1 2026 | — | 3 283 269 | 2 746 080 | 725 |
| Q4 2025 | — | 3 036 029 | 2 731 685 | 735 |
| Q3 2025 | — | 2 741 854 | 2 562 670 | 742 |
| Q2 2025 | — | 4 213 314 | 3 226 172 | 735 |
| Q1 2025 | — | 2 966 362 | 2 394 540 | 734 |
| Q4 2024 | — | 2 359 066 | 2 136 139 | 719 |
| Q3 2024 | — | 2 412 696 | 2 272 766 | 724 |
| Q2 2024 | — | 3 407 902 | 2 687 334 | 705 |
| Q1 2024 | — | 2 612 331 | 2 022 809 | 704 |
| Q4 2023 | — | 2 437 746 | 2 175 352 | 706 |
| Q3 2023 | — | 2 498 088 | 2 208 246 | 721 |
| Q2 2023 | — | 2 889 703 | 2 652 870 | 726 |
| Q1 2023 | — | 4 209 975 | 2 240 098 | 736 |
| Q4 2022 | — | 2 455 532 | 1 834 045 | 736 |
| Q3 2022 | — | 2 229 963 | 1 904 275 | 709 |
| Q2 2022 | — | 2 502 352 | 2 137 437 | 709 |
| Q1 2022 | — | 2 785 414 | 1 656 205 | 713 |
Labour taxes per employee per month
1 273 €
Q3 2026 · calculated from EMTA data
Financials by year
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 274 443 012 | 15 375 499 | 26 321 737 | 315 555 280 | 164 089 680 | 675 |
| 2024 | 316 812 991 | 27 787 394 | 23 525 440 | 298 625 433 | 109 315 681 | 644 |
| 2023 | 326 850 085 | 2 270 039 | 22 781 612 | 376 234 367 | 84 528 287 | 642 |
| 2022 | 365 486 175 | 35 092 422 | 20 035 278 | 498 757 812 | 85 258 248 | 631 |
| 2021 | 275 865 219 | — | — | 297 352 198 | — | 628 |
| 2020 | 216 676 394 | -11 676 501 | 18 519 085 | 404 286 150 | 311 030 608 | 642 |
| 2019 | 265 236 471 | 23 932 575 | 18 366 851 | 453 702 707 | 323 364 942 | 673 |
| 2018 | — | — | — | — | — | 692 |
| 2017 | — | — | — | — | — | 685 |
| 2016 | — | — | — | — | — | 585 |
| 2015 | — | — | — | — | — | 660 |
| 2014 | — | — | — | — | — | 671 |
| 2013 | — | — | — | — | — | 626 |
| 2012 | — | — | — | — | — | 596 |
| 2011 | — | — | — | — | — | 582 |
| 2010 | — | — | — | — | — | 531 |
| 2007 | — | — | — | — | — | 417 |
| 2006 | — | — | — | — | — | 394 |
| 2005 | — | — | — | — | — | 388 |
| 2004 | — | — | — | — | — | 382 |
| 2003 | — | — | — | — | — | 393 |
| 2002 | — | — | — | — | — | 423 |
| 2001 | — | — | — | — | — | 556 |
| 2000 | — | — | — | — | — | 592 |
| 1999 | — | — | — | — | — | 421 |
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
5.6 %
Net profit / revenue
Return on equity (ROE)
9.4 %
Net profit / equity
Return on assets (ROA)
4.9 %
Net profit / assets
Equity ratio
52.0 %
Equity / assets
Debt ratio
48.0 %
Liabilities / assets
Current ratio
0.70
Current assets / current liabilities
Revenue per employee
406 582 €
Revenue / average full-time employees
Labour cost per employee per month
3 250 €
Labour costs / employees / 12 months (incl. employer taxes)
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 | 30 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 5 Aug 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 | 6 Jul 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 4 | 20 000 000 € | VKG OIL AS | 13 Dec 2013 – in force |
| 3 | 3 000 000 € | VKG OIL AS | 9 Mar 2011 – in force |
| 2 | 219 500 000 EEK | VKG OIL AS | 22 Jul 2010 – in force |
| 1 | 55 500 000 EEK | VKG OIL AS | 9 Apr 2003 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Aleksei HolomejevBoard member · since 2 Oct 2023
- Aleksandr MošnikovBoard member · since 17 Oct 2025
- Igor VelmarBoard member · since 10 Dec 2025
- Sergei LvovBoard member · since 10 Dec 2025
- Veiko VaherBoard member · since 6 Jul 2026
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Kristjan PiilmannIndirect ownership · since 7 Apr 2025
- Margus KangroIndirect ownership · since 29 Oct 2018
Founders and other persons
- VIRU KEEMIA GRUPP ASFounder · 100 000 € · 11 Feb 1999
- Eero KaupAudit firm · 19 Oct 2012
- KPMG Baltics OÜAudit firm · 19 Oct 2012
- Ahti AsmannChairman of the supervisory board · 18 Sep 2025
- Raivo AttikasSupervisory board member · 1 Jun 2023
- Anna-Liisa SisaskSupervisory board member · 1 Oct 2026
- Omanikukonto: VIRU KEEMIA GRUPP ASShareholder · 639 116 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 19201Manufacture of refined petroleum products and fossil fuel products Main
- 20111Manufacture of industrial gases
- 20141Manufacture of other organic basic chemicals
- 33141Repair and maintenance of electrical equipment
- 35141Distribution of electricity
- 35151Trade of electricity
- 35211Manufacture of gas (except biogas)
- 35301Steam and air conditioning supply
- 36001Water collection, treatment and supply
- 42221Construction of utility projects for electricity and telecommunications
- 71209Other testing and analysis
- 74991All other professional, scientific and technical activities n.e.c.
- 77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.
- 96999Other personal service activities n.e.c.
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 40009590 / 33 6 Jul 2026 |
Amendment entry | In force 6 Jul 2026 |
||
| Ä 40009590 / 32 10 Dec 2025 |
Amendment entry | In force 10 Dec 2025 |
||
| Ä 40009590 / 31 17 Oct 2025 |
Amendment entry | In force 17 Oct 2025 |
||
| Ä 40009590 / 30 15 Oct 2025 |
Second (constitutive) merger entry | In force 15 Oct 2025 |
||
| Ä 40009590 / 29 1 Oct 2025 |
Amendment entry | In force 1 Oct 2025 |
||
| Ä 40009590 / 28 8 Apr 2025 |
Amendment entry | In force 8 Apr 2025 |
||
| Ä 40009590 / 27 26 Feb 2025 |
Amendment entry | In force 26 Feb 2025 |
||
| Ä 40009590 / 26 5 Nov 2024 |
Amendment entry | In force 5 Nov 2024 |
||
| Ä 40009590 / 25 2 Oct 2023 |
Amendment entry | In force 2 Oct 2023 |
||
| Ä 40009590 / 24 30 Jun 2023 |
Amendment entry | In force 30 Jun 2023 |
||
| Ä 40009590 / 23 6 Dec 2022 |
Division entry (second, constitutive) | In force 6 Dec 2022 |
||
| Ä 40009590 / 22 15 Sep 2021 |
Division entry (second, constitutive) | In force 15 Sep 2021 |
||
| Ä 40009590 / M14 30 Aug 2021 |
Ruling to eliminate deficiencies | 29 Sep 2021 | Deficiencies eliminated 15 Sep 2021 |
|
| Ä 40009590 / 21 21 Jul 2021 |
Third (informative) division entry | In force 21 Jul 2021 |
||
| Ä 40009590 / 20 21 Jul 2021 |
First (declaratory) division entry | In force 21 Jul 2021 |
||
| K 40009590 / 19 16 Jul 2021 |
Commercial pledge amended | In force 16 Jul 2021 |
||
| K 40009590 / M13 8 Jul 2021 |
Ruling to eliminate deficiencies | 23 Jul 2021 | Deficiencies eliminated 16 Jul 2021 |
|
| Ä 40009590 / 18 30 Jun 2021 |
Amendment entry | In force 30 Jun 2021 |
||
| Ä 40009590 / M12 7 Feb 2020 |
Ruling to eliminate deficiencies | 27 Feb 2020 | Deficiencies eliminated 11 Feb 2020 |
|
| Ä 40009590 / M11 25 Jan 2018 |
Ruling to correct data outside an entry | 9 Feb 2018 | In force 25 Jan 2018 |
|
| Ä 40009590 / 17 19 Jan 2018 |
Amendment entry | In force 19 Jan 2018 |
||
| Ä 40009590 / 16 5 Dec 2017 |
Amendment entry | In force 5 Dec 2017 |
||
| Ä 40009590 / 15 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| K 40009590 / 14 13 Dec 2013 |
Commercial pledge entered | In force 13 Dec 2013 |
||
| Ä 40009590 / 13 29 Jan 2013 |
Amendment entry | In force 29 Jan 2013 |
||
| Ä 40009590 / 12 11 Jan 2013 |
Amendment entry | In force 11 Jan 2013 |
||
| Ä 40009590 / M10 5 Nov 2012 |
Ruling to be served | 5 Feb 2013 | In force 5 Nov 2012 |
|
| Ä 40009590 / 11 24 Apr 2012 |
Amendment entry | In force 24 Apr 2012 |
||
| K 40014978 / 7 9 Mar 2011 |
Commercial pledge entered | In force 9 Mar 2011 |
||
| Ä 40009590 / M9 8 Sep 2010 |
Ruling to be served | 14 Dec 2010 | In force 15 Sep 2010 |
|
| Ä 40009590 / 9 28 Jul 2010 |
First (declaratory) division entry | In force 28 Jul 2010 |
||
| Ä 40009590 / 10 28 Jul 2010 |
Third (informative) division entry | In force 28 Jul 2010 |
||
| K 40014978 / 6 26 Jul 2010 |
Entry made by the register on its own initiative | In force 26 Jul 2010 |
||
| K 40014978 / 5 22 Jul 2010 |
Commercial pledge entered | In force 22 Jul 2010 |
||
| Ä 40009590 / M8 22 Apr 2010 |
Ruling to eliminate deficiencies | 25 Jul 2010 | In force 22 Apr 2010 |
|
| Ä 9590 / M6 16 Sep 2009 |
Ruling to be served | Deficiencies eliminated 16 Sep 2009 |
||
| Ä 9590 / 8 3 Dec 2008 |
Deletion of activities from the registry card | In force 3 Dec 2008 |
||
| Ä 9590 / M5 11 Feb 2008 |
Ruling to be served | 14 May 2008 | In force 14 Feb 2008 |
|
| Ä 9590 / 7 4 Sep 2006 |
Amendment entry | In force 4 Sep 2006 |
||
| Ä 9590 / M4 31 Aug 2006 |
Ruling to eliminate deficiencies (to be served) | 4 Jan 2007 | In force 1 Sep 2006 |
|
| Ä 9590 / 6 20 Jul 2005 |
Amendment entry | In force | ||
| K 14978 / 4 20 Jul 2005 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| Ä 9590 / M3 13 Jul 2005 |
Ruling to eliminate deficiencies (to be served) | 25 Sep 2005 | In force | |
| K 14978 / 3 17 Nov 2004 |
Commercial pledge amended | In force | ||
| K 14978 / 2 16 Apr 2004 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| Ä 9590 / 5 14 Apr 2004 |
Amendment entry | In force | ||
| K 14978 9 Apr 2003 |
Commercial pledge entered | In force | ||
| Ä 9590 / 4 24 Jan 2003 |
Published amendment entry | In force | ||
| Ä 9590 / M2 18 Dec 2002 |
Ruling to eliminate deficiencies (to be served) | 1 Mar 2003 | In force | |
| Ä 9590 / 3 27 Sep 2002 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data