OÜ Küttemaailm
Active Registry code 11119508
OÜ Tallinn Registered 29 Mar 2005
OÜ Küttemaailm is a OÜ based in Tallinn, registry code 11119508, status: active. Main activity: Wholesale of plumbing and heating equipment and supplies. According to EMTA, turnover for Q3 2026 was €3 251 381 with 11 employees.
Turnover
3 251 381 €
↑ 45.3% vs Q2 2026
State taxes
418 258 €
↑ 8.9% vs Q2 2026
Labour taxes
62 702 €
↑ 0.5% 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 3.3 mn €above 98% of companiesindustry median 60 065 € · companies in the industry: 6 941
- Labour taxes per employee 5 700 €above 89% of companiesindustry median 2 104 € · companies in the industry: 4 194
- Revenue · 2025 7.6 mn €above 98% of companiesindustry median 63 691 € · companies in the industry: 10 038
- Net profit margin · 2025 11.9 %above 76% of companiesindustry median 2.7 % · companies in the industry: 7 414
Taxes and turnover
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (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 | 3 251 381 | 418 258 | 62 702 | 11 |
| Q2 2026 | 2 238 069 | 383 901 | 62 407 | 11 |
| Q1 2026 | 2 051 146 | 270 372 | 68 470 | 11 |
| Q4 2025 | 2 760 336 | 340 201 | 68 339 | 9 |
| Q3 2025 | 2 968 821 | 326 649 | 77 759 | 10 |
| Q2 2025 | 2 000 749 | 245 312 | 54 352 | 10 |
| Q1 2025 | 1 563 407 | 146 535 | 54 384 | 10 |
| Q4 2024 | 2 620 575 | 281 617 | 63 004 | 10 |
| Q3 2024 | 2 788 889 | 260 160 | 56 788 | 10 |
| Q2 2024 | 2 302 501 | 277 688 | 69 203 | 10 |
| Q1 2024 | 1 690 788 | 215 780 | 74 334 | 10 |
| Q4 2023 | 2 778 117 | 307 027 | 68 842 | 10 |
| Q3 2023 | 2 538 872 | 263 736 | 95 746 | 10 |
| Q2 2023 | 2 348 437 | 240 598 | 68 449 | 11 |
| Q1 2023 | 2 220 253 | 217 041 | 79 011 | 12 |
| Q4 2022 | 2 566 255 | 206 585 | 75 143 | 12 |
| Q3 2022 | 2 567 137 | 277 641 | 80 985 | 12 |
| Q2 2022 | 3 037 257 | 333 576 | 64 098 | 11 |
| Q1 2022 | 1 970 443 | 360 377 | 84 424 | 11 |
Labour taxes per employee per month
1 900 €
Turnover per employee in the quarter
295 580 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (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 | 7 584 080 | 904 402 | 600 712 | 5 217 497 | 4 295 754 | 10 |
| 2024 | 7 188 122 | 752 346 | 600 040 | 6 603 735 | 6 030 912 | 10 |
| 2023 | 7 622 547 | 1 020 433 | 755 557 | 5 554 489 | 4 323 560 | 10 |
| 2022 | 7 958 596 | 484 321 | 718 221 | 4 782 768 | 3 603 127 | 10 |
| 2021 | 7 320 260 | 555 714 | 665 198 | 4 795 769 | 3 418 807 | 10 |
| 2020 | 5 732 331 | 397 586 | 463 697 | 4 516 265 | 3 020 213 | 10 |
| 2019 | 4 886 659 | 309 487 | 467 075 | 3 856 592 | 2 622 627 | 10 |
| 2018 | — | — | — | — | — | 11 |
| 2017 | — | — | — | — | — | 12 |
| 2016 | — | — | — | — | — | 11 |
| 2015 | — | — | — | — | — | 10 |
| 2014 | — | — | — | — | — | 13 |
| 2013 | — | — | — | — | — | 14 |
| 2012 | — | — | — | — | — | 17 |
| 2011 | — | — | — | — | — | 16 |
| 2008 | — | — | — | — | — | 21 |
| 2007 | — | — | — | — | — | 19 |
| 2006 | — | — | — | — | — | 13 |
| 2005 | — | — | — | — | — | 8 |
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
11.8 %
Net profit / revenue
Return on equity (ROE)
21.1 %
Net profit / equity
Return on assets (ROA)
17.3 %
Net profit / assets
Equity ratio
82.3 %
Equity / assets
Debt ratio
17.7 %
Liabilities / assets
Current ratio
5.57
Current assets / current liabilities
Revenue per employee
765 220 €
Revenue / average full-time employees
Labour cost per employee per month
5 006 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 2 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 | 26 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 1 Jul 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 28 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 8 Sep 2020 | Company’s own · audited | e-Äriregister |
Board
- Denis GrigorjevBoard member · since 9 Mar 2010
- Maido ReinmannBoard member · since 4 Feb 2014
- Tanel PriiBoard member · since 6 Oct 2025
- Nasdaq CSD SEKeeper of the share register · since 28 Sep 2017
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Omanikukonto: Altius Capital OÜLegal person · 11951112 · 4 342 €
- Omanikukonto: Denis GrigorjevNatural person · 256 €
- Omanikukonto: Tanel PriiNatural person · 256 €
- Omanikukonto: MAIDO REINMANNNatural person · 256 €
Beneficial owners
- Arti ArakasIndirect ownership · since 14 Sep 2018
- Denis GrigorjevMember of a senior management body (management or supervisory board) · since 14 Sep 2018
- Frank ÕimIndirect ownership · since 14 Sep 2018
- Maido ReinmannMember of a senior management body (management or supervisory board) · since 14 Sep 2018
Founders and other persons
- Frank ÕimFounder · 6 000 € · 29 Mar 2005
- Viljar ArakasFounder · 6 800 € · 29 Mar 2005
- CGI PROJECT OÜFounder · 6 800 € · 29 Mar 2005
- Osaühing HM InvesteeringudFounder · 6 800 € · 29 Mar 2005
- Osaühing ToletumFounder · 13 600 € · 29 Mar 2005
- Audit Advisory OÜAudit firm · 19 Feb 2026
Related companies
Activities (EMTAK)
- 46841Wholesale of plumbing and heating equipment and supplies Main
- 47789Retail sale of goods n.e.c.
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10087343 / 22 20 Feb 2026 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 20 Feb 2026 |
||
| Ä 10087343 / 21 31 Oct 2025 |
Amendment entry | In force 31 Oct 2025 |
||
| Ä 10087343 / 20 6 Oct 2025 |
Amendment entry | In force 6 Oct 2025 |
||
| Ä 10087343 / 19 14 May 2025 |
Division entry (second, constitutive) | In force 14 May 2025 |
||
| Ä 10087343 / 18 27 May 2019 |
Amendment under Commercial Code § 525 (2) | In force 27 May 2019 |
||
| Ä 10087343 / 17 17 May 2019 |
Amendment entry | In force 17 May 2019 |
||
| K 10087343 / 16 24 May 2018 |
Commercial pledge deleted | In force 24 May 2018 |
||
| Ä 10087343 / 15 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10087343 / 14 8 Nov 2017 |
Amendment entry | In force 8 Nov 2017 |
||
| Ä 10087343 / 13 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10087343 / M3 31 Mar 2017 |
Ruling to correct data outside an entry | 30 Apr 2017 | In force 31 Mar 2017 |
|
| Ä 10087343 / 12 14 Sep 2016 |
Amendment entry | In force 14 Sep 2016 |
||
| Ä 10087343 / 11 16 May 2014 |
Amendment under Commercial Code § 525 (2) | In force 16 May 2014 |
||
| Ä 10087343 / 10 4 Feb 2014 |
Amendment entry | In force 4 Feb 2014 |
||
| Ä 10087343 / 9 16 Dec 2011 |
Amendment entry | In force 16 Dec 2011 |
||
| Ä 10087343 / M2 8 Dec 2011 |
Ruling to eliminate deficiencies | 20 Feb 2012 | In force 8 Dec 2011 |
|
| Ä 10087343 / 8 8 Nov 2011 |
Division entry (second, constitutive) | In force 8 Nov 2011 |
||
| Ä 10087343 / 7 1 Aug 2011 |
Amendment entry | In force 1 Aug 2011 |
||
| Ä 10087343 / 6 9 Mar 2010 |
Amendment entry | In force 9 Mar 2010 |
||
| Ä 87343 / 5 3 Dec 2008 |
Deletion of activities from the registry card | In force 9 Dec 2008 |
||
| K 100868 / 5 15 Oct 2008 |
Commercial pledge entered | In force 15 Oct 2008 |
||
| Ä 87343 / 4 12 Aug 2008 |
Note on registration of shares in the Estonian central register of securities | In force 12 Aug 2008 |
||
| Ä 87343 / 3 17 Jul 2008 |
Amendment entry | In force 17 Jul 2008 |
||
| Ä 87343 / 2 29 May 2008 |
Amendment entry | In force 29 May 2008 |
||
| K 100868 / 4 23 Oct 2007 |
Commercial pledge amended | In force 23 Oct 2007 |
||
| K 100868 / 3 23 Oct 2007 |
Commercial pledge amended | In force 23 Oct 2007 |
||
| K 100868 / 2 5 Mar 2007 |
Commercial pledge entered | In force 5 Mar 2007 |
||
| Ä 87343 / M1 3 Nov 2006 |
Warning of a fine: annual report not filed | Deficiencies eliminated 14 Nov 2006 |
||
| K 100868 9 Aug 2006 |
Commercial pledge entered | In force 9 Aug 2006 |
||
| Ä 87343 29 Mar 2005 |
First entry | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data