Osaühing Ivikar

Active Registry code 10763526 OÜ Kudjape alevik Registered 10 May 2001

Osaühing Ivikar is a OÜ based in Kudjape alevik, registry code 10763526, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €8 808 with 2 employees.

Turnover

8 808 €

↑ 298.9% vs Q2 2026

State taxes

4 088 €

↑ 806.4% vs Q2 2026

Labour taxes

2 852 €

Employees

+1 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 8 808 €

above 25% of companies

industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee 1 426 €

above 60% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025 33 085 €

above 46% of companies

industry median 38 239 € · companies in the industry: 7 001
Net profit margin · 2025 2.7 %

above 47% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 8 808 € · +298.9% vs Q2 2026 · industry median 25 252 € · above 25% 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: 1 426 € · industry median 1 211 € · above 60% 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: 2 · +100.0% vs Q2 2026

State taxes, € Q3 2026: 4 088 € · +806.4% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	8 808	4 088	2 852	2
Q2 2026	2 208	451	—	1
Q1 2026	—	1	—	1
Q4 2025	11 115	5 130	3 409	1
Q3 2025	12 131	5 194	3 777	1
Q2 2025	6 093	2 842	2 157	1
Q1 2025	3 809	2 610	2 185	1
Q4 2024	7 043	3 693	3 499	1
Q3 2024	13 315	4 305	3 462	1
Q2 2024	5 196	2 567	2 578	1
Q1 2024	6 781	3 155	2 577	1
Q4 2023	8 141	2 838	2 317	1
Q3 2023	17 578	6 056	4 470	1
Q2 2023	12 794	4 085	3 047	1
Q1 2023	22 684	6 313	4 181	1
Q4 2022	23 899	5 597	3 558	1
Q3 2022	6 679	3 767	3 955	1
Q2 2022	14 613	5 244	3 071	1
Q1 2022	13 153	3 622	2 383	1

Labour taxes per employee per month

475 €

Turnover per employee in the quarter

4 404 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 33 085 € · +21.3% vs 2024 · industry median 38 239 € · above 46% 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, € 2025: 887 € · +128.5% vs 2024 · industry median 410 € · above 53% 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: 2.7 % · +14.1 pp vs the year before · industry median 3.5 % · above 47% 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, € 2025: 51 293 € · −7.6% vs 2024

Equity, € 2025: 6 934 € · +14.7% 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	33 085	887	25 397	51 293	6 934	2
2024	27 267	-3 111	31 392	55 541	6 047	2
2023	60 304	-94	34 863	62 852	9 158	2
2022	61 773	19 065	37 504	68 293	9 252	2
2021	21 241	-13 202	14 598	66 216	-9 812	2
2020	48 251	397	21 464	36 592	3 390	2
2019	24 287	187	11 957	33 414	2 993	2
2018	—	—	—	—	—	2
2017	—	—	—	—	—	2
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	4
2013	—	—	—	—	—	4
2012	—	—	—	—	—	4
2011	—	—	—	—	—	2
2010	—	—	—	—	—	2
2009	—	—	—	—	—	2
2008	—	—	—	—	—	1
2007	—	—	—	—	—	0
2006	—	—	—	—	—	0
2005	—	—	—	—	—	0
2004	—	—	—	—	—	0
2003	—	—	—	—	—	0
2002	—	—	—	—	—	0
2001	—	—	—	—	—	0

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

2.7 %

Net profit / revenue

Return on equity (ROE)

12.8 %

Net profit / equity

Return on assets (ROA)

1.7 %

Net profit / assets

Equity ratio

13.5 %

Equity / assets

Debt ratio

86.5 %

Liabilities / assets

Current ratio

0.67

Current assets / current liabilities

Revenue per employee

16 543 €

Revenue / average full-time employees

Labour cost per employee per month

1 058 €

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	5 Mar 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	3 May 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	1 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	28 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	8 Jul 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	15 Mar 2020	Company’s own	e-Äriregister

Board

Arvi Vahkal
Board member · since 10 May 2001
Signe Vahkal
Board member · since 10 May 2001

Right of representation

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

Owners

Signe Vahkal
Natural person · 20 000 €

50%
Arvi Vahkal
Natural person · 20 000 €

50%

Beneficial owners

Arvi Vahkal
Direct ownership · since 29 Apr 2019

Founders and other persons

Arvi Vahkal
Founder · 20 000 € · 10 May 2001
Signe Vahkal
Founder · 20 000 € · 10 May 2001

shared board members, owners or beneficial owners

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main
49411Freight transport by road

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 30015236 / 7 31 Oct 2024	Amendment under Code of Civil Procedure § 595¹ (1)	In force 31 Oct 2024	PDF
Ä 30015236 / 6 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 30015236 / 5 18 Jan 2018	Amendment entry	In force 18 Jan 2018	PDF
Ä 30015236 / 4 22 Dec 2017	Amendment entry	In force 22 Dec 2017	PDF
Ä 30015236 / 3 4 Dec 2017	Amendment entry	In force 4 Dec 2017	PDF
Ä 15236 / 2 22 Jun 2009	Deletion of activities from the registry card	In force 22 Jun 2009	PDF
Ä 15236 / M5 21 May 2007	Fine annulled	In force 21 May 2007	PDF
Ä 15236 / M4 5 Apr 2007	Fine annulled	In force 21 May 2007	PDF
Ä 15236 / M3 20 Feb 2007	Fine for not filing the report	In force 23 Feb 2007	PDF
Ä 15236 / M2 20 Feb 2007	Fine for not filing the report	In force 23 Feb 2007	PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data

Osaühing Ivikar

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 10