VKG OIL AS

Active Registry code 10528765 AS Kohtla-Järve linn Registered 11 Feb 1999
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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

Q4 2023 – Q3 2026
Labour taxes per employee, € Q3 2026: 3 818 € · −9.0% vs Q2 2026
01 0002 0003 0004 0005 000Q4 2023 Company: 3 081 €Q4·23Q1 2024 Company: 2 873 €Q2 2024 Company: 3 812 €Q2·24Q3 2024 Company: 3 139 €Q4 2024 Company: 2 971 €Q4·24Q1 2025 Company: 3 262 €Q2 2025 Company: 4 389 €Q2·25Q3 2025 Company: 3 454 €Q4 2025 Company: 3 717 €Q4·25Q1 2026 Company: 3 788 €Q2 2026 Company: 4 196 €Q2·26Q3 2026 Company: 3 818 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 2 971 €Q1 2025 Company: 3 262 €Q1·25Q2 2025 Company: 4 389 €Q3 2025 Company: 3 454 €Q3·25Q4 2025 Company: 3 717 €Q1 2026 Company: 3 788 €Q1·26Q2 2026 Company: 4 196 €Q3 2026 Company: 3 818 €Q3·26
Employees Q3 2026: 728 · −0.5% vs Q2 2026
0200400600800Q4 2023 Company: 706Q4·23Q1 2024 Company: 704Q2 2024 Company: 705Q2·24Q3 2024 Company: 724Q4 2024 Company: 719Q4·24Q1 2025 Company: 734Q2 2025 Company: 735Q2·25Q3 2025 Company: 742Q4 2025 Company: 735Q4·25Q1 2026 Company: 725Q2 2026 Company: 732Q2·26Q3 2026 Company: 728Q3·260200400600800Q4 2024 Company: 719Q1 2025 Company: 734Q1·25Q2 2025 Company: 735Q3 2025 Company: 742Q3·25Q4 2025 Company: 735Q1 2026 Company: 725Q1·26Q2 2026 Company: 732Q3 2026 Company: 728Q3·26
State taxes, € thousand Q3 2026: 4 213 894 € · +30.4% vs Q2 2026
01 0002 0003 0004 0005 000Q4 2023 Company: 2 437 746 €Q4·23Q1 2024 Company: 2 612 331 €Q2 2024 Company: 3 407 902 €Q2·24Q3 2024 Company: 2 412 696 €Q4 2024 Company: 2 359 066 €Q4·24Q1 2025 Company: 2 966 362 €Q2 2025 Company: 4 213 314 €Q2·25Q3 2025 Company: 2 741 854 €Q4 2025 Company: 3 036 029 €Q4·25Q1 2026 Company: 3 283 269 €Q2 2026 Company: 3 230 744 €Q2·26Q3 2026 Company: 4 213 894 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 2 359 066 €Q1 2025 Company: 2 966 362 €Q1·25Q2 2025 Company: 4 213 314 €Q3 2025 Company: 2 741 854 €Q3·25Q4 2025 Company: 3 036 029 €Q1 2026 Company: 3 283 269 €Q1·26Q2 2026 Company: 3 230 744 €Q3 2026 Company: 4 213 894 €Q3·26
Figures by quarter
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

2016 – 2025
Revenue, mn € 2025: 274 443 012 € · −13.4% vs 2024
01002003004002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 265 236 471 €20192020 Company: 216 676 394 €20202021 Company: 275 865 219 €20212022 Company: 365 486 175 €20222023 Company: 326 850 085 €20232024 Company: 316 812 991 €20242025 Company: 274 443 012 €202501002003004002018 Company: —2019 Company: 265 236 471 €20192020 Company: 216 676 394 €2021 Company: 275 865 219 €20212022 Company: 365 486 175 €2023 Company: 326 850 085 €20232024 Company: 316 812 991 €2025 Company: 274 443 012 €2025
Net profit, € thousand 2025: 15 375 499 € · −44.7% vs 2024
-20 000-10 000010 00020 00030 00040 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 23 932 575 €20192020 Company: -11 676 501 €20202021 Company: —20212022 Company: 35 092 422 €20222023 Company: 2 270 039 €20232024 Company: 27 787 394 €20242025 Company: 15 375 499 €2025-20 000-10 000010 00020 00030 00040 0002018 Company: —2019 Company: 23 932 575 €20192020 Company: -11 676 501 €2021 Company: —20212022 Company: 35 092 422 €2023 Company: 2 270 039 €20232024 Company: 27 787 394 €2025 Company: 15 375 499 €2025
Net profit margin, % 2025: 5.6 % · −3.2 pp vs the year before
-10-505102016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 9.0 %20192020 Company: -5.4 %20202021 Company: —20212022 Company: 9.6 %20222023 Company: 0.7 %20232024 Company: 8.8 %20242025 Company: 5.6 %2025-10-505102018 Company: —2019 Company: 9.0 %20192020 Company: -5.4 %2021 Company: —20212022 Company: 9.6 %2023 Company: 0.7 %20232024 Company: 8.8 %2025 Company: 5.6 %2025
Assets, mn € 2025: 315 555 280 € · +5.7% vs 2024
01002003004005002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 453 702 707 €20192020 Company: 404 286 150 €20202021 Company: 297 352 198 €20212022 Company: 498 757 812 €20222023 Company: 376 234 367 €20232024 Company: 298 625 433 €20242025 Company: 315 555 280 €202501002003004005002018 Company: —2019 Company: 453 702 707 €20192020 Company: 404 286 150 €2021 Company: 297 352 198 €20212022 Company: 498 757 812 €2023 Company: 376 234 367 €20232024 Company: 298 625 433 €2025 Company: 315 555 280 €2025
Equity, mn € 2025: 164 089 680 € · +50.1% vs 2024
01002003004002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 323 364 942 €20192020 Company: 311 030 608 €20202021 Company: —20212022 Company: 85 258 248 €20222023 Company: 84 528 287 €20232024 Company: 109 315 681 €20242025 Company: 164 089 680 €202501002003004002018 Company: —2019 Company: 323 364 942 €20192020 Company: 311 030 608 €2021 Company: —20212022 Company: 85 258 248 €2023 Company: 84 528 287 €20232024 Company: 109 315 681 €2025 Company: 164 089 680 €2025
Employees 2025: 675 · +4.8% vs 2024
02004006008002016 Company: 58520162017 Company: 68520172018 Company: 69220182019 Company: 67320192020 Company: 64220202021 Company: 62820212022 Company: 63120222023 Company: 64220232024 Company: 64420242025 Company: 675202502004006008002018 Company: 6922019 Company: 67320192020 Company: 6422021 Company: 62820212022 Company: 6312023 Company: 64220232024 Company: 6442025 Company: 6752025
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

PDFs from e-Äriregister
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

Right of representation

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

Owners

No owner information.

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

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
Number, date Title Deadline State Document
Ä 40009590 / 33
6 Jul 2026
Amendment entry In force
6 Jul 2026
PDF
Ä 40009590 / 32
10 Dec 2025
Amendment entry In force
10 Dec 2025
PDF
Ä 40009590 / 31
17 Oct 2025
Amendment entry In force
17 Oct 2025
PDF
Ä 40009590 / 30
15 Oct 2025
Second (constitutive) merger entry In force
15 Oct 2025
PDF
Ä 40009590 / 29
1 Oct 2025
Amendment entry In force
1 Oct 2025
PDF
Ä 40009590 / 28
8 Apr 2025
Amendment entry In force
8 Apr 2025
PDF
Ä 40009590 / 27
26 Feb 2025
Amendment entry In force
26 Feb 2025
PDF
Ä 40009590 / 26
5 Nov 2024
Amendment entry In force
5 Nov 2024
PDF
Ä 40009590 / 25
2 Oct 2023
Amendment entry In force
2 Oct 2023
PDF
Ä 40009590 / 24
30 Jun 2023
Amendment entry In force
30 Jun 2023
PDF
Ä 40009590 / 23
6 Dec 2022
Division entry (second, constitutive) In force
6 Dec 2022
PDF
Ä 40009590 / 22
15 Sep 2021
Division entry (second, constitutive) In force
15 Sep 2021
PDF
Ä 40009590 / M14
30 Aug 2021
Ruling to eliminate deficiencies 29 Sep 2021 Deficiencies eliminated
15 Sep 2021
PDF
Ä 40009590 / 21
21 Jul 2021
Third (informative) division entry In force
21 Jul 2021
PDF
Ä 40009590 / 20
21 Jul 2021
First (declaratory) division entry In force
21 Jul 2021
PDF
K 40009590 / 19
16 Jul 2021
Commercial pledge amended In force
16 Jul 2021
PDF
K 40009590 / M13
8 Jul 2021
Ruling to eliminate deficiencies 23 Jul 2021 Deficiencies eliminated
16 Jul 2021
PDF
Ä 40009590 / 18
30 Jun 2021
Amendment entry In force
30 Jun 2021
PDF
Ä 40009590 / M12
7 Feb 2020
Ruling to eliminate deficiencies 27 Feb 2020 Deficiencies eliminated
11 Feb 2020
PDF
Ä 40009590 / M11
25 Jan 2018
Ruling to correct data outside an entry 9 Feb 2018 In force
25 Jan 2018
PDF
Ä 40009590 / 17
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 40009590 / 16
5 Dec 2017
Amendment entry In force
5 Dec 2017
PDF
Ä 40009590 / 15
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
K 40009590 / 14
13 Dec 2013
Commercial pledge entered In force
13 Dec 2013
PDF
Ä 40009590 / 13
29 Jan 2013
Amendment entry In force
29 Jan 2013
PDF
Ä 40009590 / 12
11 Jan 2013
Amendment entry In force
11 Jan 2013
PDF
Ä 40009590 / M10
5 Nov 2012
Ruling to be served 5 Feb 2013 In force
5 Nov 2012
PDF
Ä 40009590 / 11
24 Apr 2012
Amendment entry In force
24 Apr 2012
PDF
K 40014978 / 7
9 Mar 2011
Commercial pledge entered In force
9 Mar 2011
PDF
Ä 40009590 / M9
8 Sep 2010
Ruling to be served 14 Dec 2010 In force
15 Sep 2010
PDF
Ä 40009590 / 9
28 Jul 2010
First (declaratory) division entry In force
28 Jul 2010
PDF
Ä 40009590 / 10
28 Jul 2010
Third (informative) division entry In force
28 Jul 2010
PDF
K 40014978 / 6
26 Jul 2010
Entry made by the register on its own initiative In force
26 Jul 2010
PDF
K 40014978 / 5
22 Jul 2010
Commercial pledge entered In force
22 Jul 2010
PDF
Ä 40009590 / M8
22 Apr 2010
Ruling to eliminate deficiencies 25 Jul 2010 In force
22 Apr 2010
PDF
Ä 9590 / M6
16 Sep 2009
Ruling to be served Deficiencies eliminated
16 Sep 2009
PDF
Ä 9590 / 8
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
Ä 9590 / M5
11 Feb 2008
Ruling to be served 14 May 2008 In force
14 Feb 2008
PDF
Ä 9590 / 7
4 Sep 2006
Amendment entry In force
4 Sep 2006
PDF
Ä 9590 / M4
31 Aug 2006
Ruling to eliminate deficiencies (to be served) 4 Jan 2007 In force
1 Sep 2006
PDF
Ä 9590 / 6
20 Jul 2005
Amendment entry In force PDF
K 14978 / 4
20 Jul 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
Ä 9590 / M3
13 Jul 2005
Ruling to eliminate deficiencies (to be served) 25 Sep 2005 In force PDF
K 14978 / 3
17 Nov 2004
Commercial pledge amended In force PDF
K 14978 / 2
16 Apr 2004
Compliance with Commercial Code § 33 (7.1) In force PDF
Ä 9590 / 5
14 Apr 2004
Amendment entry In force PDF
K 14978
9 Apr 2003
Commercial pledge entered In force PDF
Ä 9590 / 4
24 Jan 2003
Published amendment entry In force PDF
Ä 9590 / M2
18 Dec 2002
Ruling to eliminate deficiencies (to be served) 1 Mar 2003 In force PDF
Ä 9590 / 3
27 Sep 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