Kurmutec Systems OÜ
Active Registry code 10839560
OÜ Tallinn Registered 24 Jan 2002
Kurmutec Systems OÜ is a OÜ based in Tallinn, registry code 10839560, status: active. Main activity: Installation of signalling systems. According to EMTA, turnover for Q3 2026 was €84 800 with 6 employees.
Turnover
84 800 €
↓ 27.8% vs Q2 2026
State taxes
32 352 €
↑ 0.6% vs Q2 2026
Labour taxes
22 292 €
↑ 16.1% vs Q2 2026
Employees
6
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 84 800 €above 80% of companiesindustry median 23 017 € · companies in the industry: 6 974
- Labour taxes per employee 3 715 €above 94% of companiesindustry median 1 236 € · companies in the industry: 5 958
- Revenue · 2025 470 798 €above 91% of companiesindustry median 37 328 € · companies in the industry: 10 311
- Net profit margin · 2025 5.2 %above 53% of companiesindustry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
- Company
- Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 84 800 | 32 352 | 22 292 | 6 |
| Q2 2026 | 117 449 | 32 165 | 19 199 | 6 |
| Q1 2026 | 112 682 | 34 140 | 19 515 | 6 |
| Q4 2025 | 117 785 | 39 069 | 19 813 | 6 |
| Q3 2025 | 110 515 | 29 307 | 21 105 | 6 |
| Q2 2025 | 120 684 | 34 168 | 20 909 | 6 |
| Q1 2025 | 100 562 | 28 443 | 19 544 | 6 |
| Q4 2024 | 96 702 | 28 580 | 17 590 | 6 |
| Q3 2024 | 96 213 | 34 699 | 20 800 | 6 |
| Q2 2024 | 154 857 | 34 030 | 20 797 | 6 |
| Q1 2024 | 101 997 | 32 376 | 20 821 | 7 |
| Q4 2023 | 194 657 | 47 115 | 20 248 | 8 |
| Q3 2023 | 95 486 | 25 349 | 21 660 | 7 |
| Q2 2023 | 110 325 | 33 320 | 22 175 | 7 |
| Q1 2023 | 113 855 | 34 128 | 20 399 | 8 |
| Q4 2022 | 129 428 | 48 284 | 34 595 | 8 |
| Q3 2022 | 123 107 | 34 677 | 18 924 | 8 |
| Q2 2022 | 79 343 | 24 244 | 5 101 | 8 |
| Q1 2022 | 109 642 | 32 514 | 19 907 | 7 |
Labour taxes per employee per month
1 238 €
Turnover per employee in the quarter
14 133 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 470 798 | 24 270 | 191 322 | 155 699 | 83 708 | 6 |
| 2024 | 420 986 | 12 687 | 187 331 | 112 842 | 59 438 | 7 |
| 2023 | 512 343 | 37 475 | 200 753 | 97 662 | 46 751 | 8 |
| 2022 | 409 292 | -13 177 | 178 896 | 84 140 | 9 276 | 8 |
| 2021 | 354 791 | 313 | 136 608 | 123 112 | 22 453 | 8 |
| 2020 | 375 166 | 520 | 151 223 | 121 640 | 22 140 | 8 |
| 2019 | 364 489 | 1 259 | 170 335 | 147 126 | 21 620 | 9 |
| 2018 | — | — | — | — | — | 9 |
| 2017 | — | — | — | — | — | 9 |
| 2016 | — | — | — | — | — | 9 |
| 2015 | — | — | — | — | — | 9 |
| 2014 | — | — | — | — | — | 7 |
| 2013 | — | — | — | — | — | 5 |
| 2012 | — | — | — | — | — | 6 |
| 2011 | — | — | — | — | — | 5 |
| 2010 | — | — | — | — | — | 6 |
| 2009 | — | — | — | — | — | 6 |
| 2008 | — | — | — | — | — | 9 |
| 2007 | — | — | — | — | — | 8 |
| 2006 | — | — | — | — | — | 7 |
| 2005 | — | — | — | — | — | 5 |
| 2004 | — | — | — | — | — | 4 |
| 2003 | — | — | — | — | — | 3 |
| 2002 | — | — | — | — | — | 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
5.2 %
Net profit / revenue
Return on equity (ROE)
29.0 %
Net profit / equity
Return on assets (ROA)
15.6 %
Net profit / assets
Equity ratio
53.8 %
Equity / assets
Debt ratio
46.2 %
Liabilities / assets
Current ratio
1.89
Current assets / current liabilities
Revenue per employee
78 466 €
Revenue / average full-time employees
Labour cost per employee per month
2 657 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 19 May 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 2 Apr 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 17 Apr 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 5 Apr 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 28 Jul 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 29 Jun 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 18 May 2020 | Company’s own | e-Äriregister |
Board
- Kaido RätsepBoard member · since 8 Nov 2017
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Termoaudit OÜLegal person · 11269389 · 1 326 €
- Kaido RätsepNatural person · 1 274 €
Beneficial owners
- Kaido RätsepDirect ownership · since 10 Oct 2018
Founders and other persons
- Kaido RätsepFounder · 14 000 € · 24 Jan 2002
- Kristjan VärtonFounder · 5 600 € · 24 Jan 2002
- Toomas VärtonFounder · 20 400 € · 24 Jan 2002
Related companies
Activities (EMTAK)
- 43212Installation of signalling systems Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10062916 / 13 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 10062916 / 12 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10062916 / 11 12 Jan 2018 |
Amendment entry | In force 12 Jan 2018 |
||
| Ä 10062916 / 10 8 Nov 2017 |
Amendment entry | In force 8 Nov 2017 |
||
| Ä 10062916 / 9 25 Apr 2017 |
Amendment entry | In force 25 Apr 2017 |
||
| Ä 10062916 / 8 16 Sep 2016 |
Amendment entry | In force 16 Sep 2016 |
||
| Ä 10062916 / 7 17 May 2012 |
Amendment entry | In force 17 May 2012 |
||
| Ä 10062916 / M4 16 Apr 2012 |
Ruling to eliminate deficiencies | 16 May 2012 | In force 16 Apr 2012 |
|
| Ä 10062916 / 6 2 Jan 2012 |
Entry refused: deficiencies not eliminated | In force 3 Jan 2012 |
||
| Ä 62916 / 5 3 Jun 2009 |
Amendment under Commercial Code § 525 (2) | In force 3 Jun 2009 |
||
| Ä 62916 / 4 3 Dec 2008 |
Deletion of activities from the registry card | In force 3 Dec 2008 |
||
| Ä 62916 / 3 22 Aug 2007 |
Amendment entry | In force 22 Aug 2007 |
||
| Ä 62916 / M3 19 Sep 2006 |
Fine for not filing the report | 13 Oct 2006 | Deficiencies eliminated 1 Oct 2006 |
|
| Ä 62916 / M2 18 Sep 2006 |
Fine for not filing the report | 14 Oct 2006 | Deficiencies eliminated 1 Oct 2006 |
|
| Ä 62916 / 2 26 Aug 2004 |
Amendment entry | In force | ||
| Ä 62916 / M1 6 Aug 2004 |
Ruling to eliminate deficiencies (to be served) | 6 Oct 2004 | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data