Aktsiaselts Matsalu Veevärk
Active Registry code 11055659
AS Märjamaa alev Registered 15 Jul 2004
Aktsiaselts Matsalu Veevärk is a AS based in Märjamaa alev, registry code 11055659, status: active. Main activity: Sewerage and wastewater management. According to EMTA, turnover for Q3 2026 was €311 261 with 11 employees.
Turnover
311 261 €
↑ 3.8% vs Q2 2026
State taxes
86 737 €
↑ 10.4% vs Q2 2026
Labour taxes
44 933 €
↑ 0.0% vs Q2 2026
Employees
11
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 311 261 €above 70% of companiesindustry median 120 838 € · companies in the industry: 97
- Labour taxes per employee 4 085 €above 83% of companiesindustry median 2 776 € · companies in the industry: 82
- Revenue · 2025 1.1 mn €above 77% of companiesindustry median 81 824 € · companies in the industry: 130
- Net profit margin · 2025 -114.7 %above 7% of companiesindustry median 1.8 % · companies in the industry: 115
Taxes and turnover
- Company
- Industry median
Industry: Sewerage (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Sewerage (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 | 311 261 | 86 737 | 44 933 | 11 |
| Q2 2026 | 299 734 | 78 572 | 44 928 | 11 |
| Q1 2026 | 276 056 | 92 190 | 57 630 | 11 |
| Q4 2025 | 298 839 | 86 166 | 45 208 | 11 |
| Q3 2025 | 282 130 | 68 173 | 50 138 | 11 |
| Q2 2025 | 274 177 | 60 723 | 57 853 | 11 |
| Q1 2025 | 249 366 | 69 233 | 60 957 | 13 |
| Q4 2024 | 327 022 | 81 622 | 40 226 | 10 |
| Q3 2024 | 329 941 | 72 413 | 40 763 | 10 |
| Q2 2024 | 319 993 | 80 935 | 39 957 | 10 |
| Q1 2024 | 358 131 | 93 609 | 48 163 | 10 |
| Q4 2023 | 304 921 | 59 957 | 36 104 | 10 |
| Q3 2023 | 324 784 | 79 601 | 36 885 | 10 |
| Q2 2023 | 306 311 | 73 753 | 33 284 | 10 |
| Q1 2023 | 233 704 | 65 201 | 44 102 | 10 |
| Q4 2022 | 217 195 | 48 945 | 33 501 | 10 |
| Q3 2022 | 235 053 | 43 644 | 34 001 | 10 |
| Q2 2022 | 225 853 | 56 500 | 33 114 | 10 |
| Q1 2022 | 207 119 | 58 985 | 41 832 | 10 |
Labour taxes per employee per month
1 362 €
Turnover per employee in the quarter
28 296 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Sewerage (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Sewerage (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Sewerage (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Sewerage (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 | 1 094 722 | -1 255 858 | 511 126 | 24 852 299 | 23 937 870 | 12 |
| 2024 | 1 304 766 | -1 117 203 | 425 420 | 25 981 134 | 25 193 728 | 10 |
| 2023 | 1 200 815 | -1 310 848 | 372 035 | 27 062 328 | 26 210 931 | 10 |
| 2022 | 876 778 | -1 397 816 | 354 532 | 28 488 404 | 27 521 779 | 10 |
| 2021 | 890 830 | -982 246 | 339 319 | 31 001 413 | 30 077 923 | 10 |
| 2020 | 855 791 | -1 014 460 | 327 638 | 32 136 350 | 31 060 169 | 10 |
| 2019 | 841 464 | -1 196 669 | 302 295 | 33 128 086 | 32 074 629 | 10 |
| 2018 | — | — | — | — | — | 11 |
| 2017 | — | — | — | — | — | 10 |
| 2016 | — | — | — | — | — | 10 |
| 2015 | — | — | — | — | — | 11 |
| 2014 | — | — | — | — | — | 10 |
| 2013 | — | — | — | — | — | 10 |
| 2012 | — | — | — | — | — | 10 |
| 2011 | — | — | — | — | — | 11 |
| 2009 | — | — | — | — | — | 6 |
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
-114.7 %
Net profit / revenue
Return on equity (ROE)
-5.2 %
Net profit / equity
Return on assets (ROA)
-5.1 %
Net profit / assets
Equity ratio
96.3 %
Equity / assets
Debt ratio
3.7 %
Liabilities / assets
Current ratio
0.21
Current assets / current liabilities
Revenue per employee
91 227 €
Revenue / average full-time employees
Labour cost per employee per month
3 549 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 11 May 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 27 May 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 4 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 1 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 7 Jun 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 15 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 25 Jun 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 2 | 65 000 € | Swedbank AS | 3 Jul 2025 – in force |
| 1 | 65 000 € | Swedbank AS | 8 Jul 2022 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Hans LiibekBoard member · since 11 Mar 2010
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Andres HirvelaMember of a senior management body (management or supervisory board) · since 26 Feb 2026
- Doris Lisett RudnevsMember of a senior management body (management or supervisory board) · since 26 Feb 2026
- Hegert VesikMember of a senior management body (management or supervisory board) · since 26 Feb 2026
- Marek TopperMember of a senior management body (management or supervisory board) · since 26 Jun 2025
- Triin MatsaluMember of a senior management body (management or supervisory board) · since 20 Jun 2024
- Lea LauritsMember of a senior management body (management or supervisory board) · since 19 May 2020
- Hans LiibekMember of a senior management body (management or supervisory board) · since 6 Sep 2018
Founders and other persons
- Advokaadibüroo LEXTAL OÜFounder · 400 000 € · 15 Jul 2004
- Tiina MaalinnAudit firm · 31 Dec 2020
- Audiitorbüroo Maalinn OÜAudit firm · 31 Dec 2020
- Lea LauritsSupervisory board member · 1 Jun 2024
- Triin MatsaluSupervisory board member · 1 Jun 2024
- Marek TopperSupervisory board member · 16 May 2025
- Andres HirvelaSupervisory board member · 6 Feb 2026
- Doris Lisett RudnevsSupervisory board member · 6 Feb 2026
- Hegert VesikSupervisory board member · 6 Feb 2026
- Helen BarndõkSupervisory board member · 11 May 2026
- Omanikukonto: LÄÄNERANNA VALLAVALITSUSShareholder · 446 086 € · 16 Aug 2023
- Omanikukonto: RAPLA VALLAVALITSUSShareholder · 192 083 € · 16 Aug 2023
- Omanikukonto: MÄRJAMAA VALLAVALITSUSShareholder · 398 033 € · 3 Sep 2024
Related companies
Activities (EMTAK)
- 37001Sewerage and wastewater management Main
- 36001Water collection, treatment and supply
- 77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.
- 82991Other business support service activities n.e.c.
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 30024228 / M13 12 Feb 2026 |
Ruling to eliminate deficiencies | 14 Mar 2026 | Deficiencies eliminated 13 Feb 2026 |
|
| K 30024228 / 16 3 Jul 2025 |
Commercial pledge entered | In force 3 Jul 2025 |
||
| K 30024228 / 15 22 Apr 2025 |
Commercial pledge amended | In force 22 Apr 2025 |
||
| Ä 30024228 / 14 1 Nov 2022 |
Amendment under Commercial Code § 525 (2) | In force 1 Nov 2022 |
||
| K 30024228 / 13 8 Jul 2022 |
Commercial pledge entered | In force 8 Jul 2022 |
||
| Ä 30024228 / M12 25 Jun 2019 |
Ruling to correct data outside an entry | 25 Jul 2019 | Deficiencies eliminated 17 Jul 2019 |
|
| Ä 30024228 / M11 10 Apr 2019 |
Ruling to correct data outside an entry | 24 Apr 2019 | Deficiencies eliminated 11 Apr 2019 |
|
| Ä 30024228 / M10 9 Jul 2018 |
Ruling to correct data outside an entry | 21 Jul 2018 | Deficiencies eliminated 11 Jul 2018 |
|
| Ä 30024228 / 12 6 Jun 2018 |
Amendment entry | In force 6 Jun 2018 |
||
| Ä 30024228 / M9 1 Jun 2018 |
Ruling to eliminate deficiencies | 16 Jun 2018 | Deficiencies eliminated 6 Jun 2018 |
|
| Ä 30024228 / M8 11 Apr 2018 |
Procedural ruling | 26 Apr 2018 | In force 11 Apr 2018 |
|
| Ä 30024228 / 11 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 30024228 / 10 4 Dec 2017 |
Amendment entry | In force 4 Dec 2017 |
||
| Ä 30024228 / 9 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 30024228 / M7 13 Jul 2017 |
Ruling to correct data outside an entry | 2 Aug 2017 | Deficiencies eliminated 20 Jul 2017 |
|
| Ä 30024228 / M6 20 Jun 2016 |
Procedural ruling | 5 Jul 2016 | In force 20 Jun 2016 |
|
| Ä 30024228 / 8 1 Oct 2013 |
Amendment under Commercial Code § 525 (2) | In force 1 Oct 2013 |
||
| Ä 30024228 / M5 10 Apr 2013 |
Ruling to correct data outside an entry | 10 May 2013 | Deficiencies eliminated 15 Apr 2013 |
|
| Ä 30024228 / 7 28 Jul 2011 |
Amendment entry | In force 28 Jul 2011 |
||
| Ä 30024228 / M4 19 Jul 2011 |
Ruling to eliminate deficiencies | 19 Aug 2011 | In force 19 Jul 2011 |
|
| Ä 30024228 / M3 28 Jun 2011 |
Ruling to eliminate deficiencies | In force 28 Jun 2011 |
||
| Ä 30024228 / 6 11 Mar 2010 |
Amendment entry | In force 11 Mar 2010 |
||
| Ä 24228 / 5 30 Nov 2009 |
Amendment entry | In force 30 Nov 2009 |
||
| Ä 24228 / M2 26 Nov 2009 |
Ruling to eliminate deficiencies (to be served) | Deficiencies eliminated 26 Nov 2009 |
||
| Ä 24228 / M1 26 Sep 2008 |
Warning of a fine: deficiencies in the annual report | 29 Oct 2008 | Deficiencies eliminated 5 Nov 2008 |
|
| Ä 24228 / 4 1 Jul 2008 |
Deletion of activities from the registry card | In force 1 Jul 2008 |
||
| Ä 24228 / 3 25 Jun 2007 |
Amendment entry | In force 25 Jun 2007 |
||
| Ä 24228 / 2 12 Feb 2007 |
Amendment entry | In force 12 Feb 2007 |
||
| Ä 81481 / 3 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| Ä 24228 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| Ä 81481 / 2 15 Jun 2005 |
Amendment entry | In force | ||
| Ä 81481 / M1 31 May 2005 |
Ruling to eliminate deficiencies (to be served) | 31 Aug 2005 | In force | |
| Ä 81481 14 Jul 2004 |
First entry | In force |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data