RIIVAS OÜ

Active Registry code 10661866 OÜ Narva linn Registered 20 Jun 2000

RIIVAS OÜ is a OÜ based in Narva linn, registry code 10661866, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €58 681 with 3 employees.

Turnover

58 681 €

↓ 24.0% vs Q2 2026

State taxes

12 252 €

↑ 87.7% vs Q2 2026

Labour taxes

5 786 €

↑ 24.6% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

Turnover · Q3 2026 58 681 €

above 69% of companies

industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee 1 929 €

above 75% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025 1 mn €

above 94% of companies

industry median 38 239 € · companies in the industry: 7 000
Net profit margin · 2025 -15.9 %

above 14% of companies

industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 58 681 € · −24.0% vs Q2 2026 · industry median 25 252 € · above 69% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 929 € · +24.6% vs Q2 2026 · industry median 1 211 € · above 75% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 3 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 12 252 € · +87.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	58 681	12 252	5 786	3
Q2 2026	77 190	6 528	4 644	3
Q1 2026	154 377	13 664	4 510	3
Q4 2025	211 884	9 178	4 101	3
Q3 2025	484 503	53 315	5 067	2
Q2 2025	173 932	26 347	4 640	2
Q1 2025	236 427	31 122	5 004	2
Q4 2024	209 435	14 365	4 477	2
Q3 2024	24 100	5 944	5 692	2
Q2 2024	48 900	7 485	4 097	2
Q1 2024	21 812	5 865	3 443	2
Q4 2023	65 994	10 371	3 491	2
Q3 2023	235 029	21 254	7 271	2
Q2 2023	203 231	23 126	3 240	2
Q1 2023	597 132	80 963	4 814	2
Q4 2022	123 982	2 945	3 010	6
Q3 2022	175 560	3 023	2 949	2
Q2 2022	293 576	20 625	3 726	2
Q1 2022	329 487	31 531	3 902	3

Labour taxes per employee per month

643 €

Turnover per employee in the quarter

19 560 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 1 012 980 € · +125.0% vs 2024 · industry median 38 239 € · above 94% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -160 904 € · −511.0% vs 2024 · industry median 410 € · above 2% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -15.9 % · −10.0 pp vs the year before · industry median 3.5 % · above 14% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 743 244 € · −21.7% vs 2024

Equity, € thousand 2025: 680 785 € · −19.1% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · industry median 2 · above 50% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (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	1 012 980	-160 904	49 183	743 244	680 785	2
2024	450 182	-26 336	43 182	949 669	841 689	2
2023	1 083 960	495 188	47 927	933 428	868 025	3
2022	797 182	-19 265	40 083	416 734	372 837	3
2021	252 143	-16 341	33 272	413 783	392 102	3
2020	182 628	-63 875	23 034	413 020	408 443	3
2019	372 627	8 283	28 601	479 435	472 318	3
2018	—	—	—	—	—	2
2017	—	—	—	—	—	3
2016	—	—	—	—	—	6
2015	—	—	—	—	—	4
2014	—	—	—	—	—	6
2013	—	—	—	—	—	6
2012	—	—	—	—	—	5
2011	—	—	—	—	—	3
2010	—	—	—	—	—	2
2009	—	—	—	—	—	3
2008	—	—	—	—	—	5
2007	—	—	—	—	—	5
2006	—	—	—	—	—	6
2005	—	—	—	—	—	7
2004	—	—	—	—	—	8
2003	—	—	—	—	—	8
2001	—	—	—	—	—	6
2000	—	—	—	—	—	5

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

-15.9 %

Net profit / revenue

Return on equity (ROE)

-23.6 %

Net profit / equity

Return on assets (ROA)

-21.6 %

Net profit / assets

Equity ratio

91.6 %

Equity / assets

Debt ratio

8.4 %

Liabilities / assets

Current ratio

14.56

Current assets / current liabilities

Revenue per employee

506 490 €

Revenue / average full-time employees

Labour cost per employee per month

2 049 €

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	21 May 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	20 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	2 May 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	25 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	26 May 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	6 May 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	16 Jun 2020	Company’s own	e-Äriregister

Board

Sergey Rudnitskiy
Board member · since 22 May 2023

Right of representation

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

Owners

Sergey Rudnitskiy
Natural person · 6 €

100%

Beneficial owners

Sergey Rudnitskiy
Direct ownership · since 1 Jun 2023

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main

Rulings 7

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 40011151 / 8 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 40011151 / 7 22 May 2023	Transformation entry		In force 22 May 2023	PDF
Ä 40011151 / M2 12 May 2023	Ruling to eliminate deficiencies	27 May 2023	Deficiencies eliminated 22 May 2023	PDF
Ä 40011151 / M1 4 May 2023	Ruling to eliminate deficiencies	19 May 2023	Deficiencies eliminated 22 May 2023	PDF
Ä 40011151 / 6 20 Feb 2018	Amendment entry		In force 20 Feb 2018	PDF
Ä 40011151 / 5 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 40011151 / 4 31 May 2010	Deletion of activities from the registry card		In force 31 May 2010	PDF

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

RIIVAS OÜ

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

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 7