Kagu Elekter OÜ

Active Registry code 11632588 OÜ Võru linn Registered 13 Apr 2009

Kagu Elekter OÜ is a OÜ based in Võru linn, registry code 11632588, status: active. Main activity: Construction of utility projects for electricity and telecommunications. According to EMTA, turnover for Q3 2026 was €3 682 988 with 41 employees.

Turnover

3 682 988 €

↑ 10.6% vs Q2 2026

State taxes

503 098 €

↑ 47.0% vs Q2 2026

Labour taxes

166 132 €

↑ 4.8% vs Q2 2026

Employees

+1 vs Q2 2026

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

Position in the industry Civil engineering · EMTAK 42

Turnover · Q3 2026 3.7 mn €

above 98% of companies

industry median 52 240 € · companies in the industry: 1 125
Labour taxes per employee 4 052 €

above 86% of companies

industry median 1 750 € · companies in the industry: 933
Revenue · 2025 13 mn €

above 98% of companies

industry median 88 960 € · companies in the industry: 1 426
Net profit margin · 2025 7.2 %

above 57% of companies

industry median 5.0 % · companies in the industry: 1 185

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 3 682 988 € · +10.6% vs Q2 2026 · industry median 52 240 € · above 98% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 052 € · +2.2% vs Q2 2026 · industry median 1 750 € · above 86% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 41 · +2.5% vs Q2 2026

State taxes, € thousand Q3 2026: 503 098 € · +47.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	3 682 988	503 098	166 132	41
Q2 2026	3 330 448	342 129	158 564	40
Q1 2026	3 680 391	317 087	216 964	41
Q4 2025	4 310 725	537 505	169 714	40
Q3 2025	2 709 036	357 176	164 551	39
Q2 2025	2 205 484	259 899	151 284	40
Q1 2025	3 018 075	536 420	202 910	41
Q4 2024	2 736 446	288 475	165 305	38
Q3 2024	3 325 259	282 548	169 057	40
Q2 2024	1 747 492	278 005	162 821	37
Q1 2024	2 348 827	337 747	215 949	37
Q4 2023	3 365 445	481 030	174 968	38
Q3 2023	2 717 514	486 827	171 875	40
Q2 2023	1 905 464	263 455	138 199	39
Q1 2023	1 807 913	344 479	180 835	40
Q4 2022	3 531 819	355 163	129 447	40
Q3 2022	2 515 129	264 575	130 821	38
Q2 2022	2 040 515	175 908	115 789	40
Q1 2022	1 490 016	288 263	136 055	42

Labour taxes per employee per month

1 351 €

Turnover per employee in the quarter

89 829 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 13 043 482 € · +28.8% vs 2024 · industry median 88 960 € · above 98% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 945 636 € · +43.3% vs 2024 · industry median 2 500 € · above 98% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 7.2 % · +0.7 pp vs the year before · industry median 5.0 % · above 57% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 8 786 317 € · +24.1% vs 2024

Equity, € thousand 2025: 5 255 497 € · +21.9% vs 2024

Employees 2025: 39 · +2.6% vs 2024 · industry median 2 · above 98% of the industry

Company
Industry median

Industry: Civil engineering (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	13 043 482	945 636	1 656 762	8 786 317	5 255 497	39
2024	10 128 078	659 912	1 605 636	7 080 937	4 309 861	38
2023	10 102 533	1 672 420	1 667 276	7 421 165	4 962 751	39
2022	9 575 892	984 665	1 332 801	6 038 967	4 027 594	40
2021	7 481 068	612 547	1 078 162	5 131 966	3 461 118	38
2020	6 502 131	1 224 507	892 858	4 605 465	3 530 138	36
2019	6 085 021	695 783	871 606	3 298 923	2 547 822	34
2018	—	—	—	—	—	31
2017	—	—	—	—	—	35
2016	—	—	—	—	—	39
2015	—	—	—	—	—	38
2014	—	—	—	—	—	37
2013	—	—	—	—	—	29
2012	—	—	—	—	—	18
2011	—	—	—	—	—	15
2010	—	—	—	—	—	11
2009	—	—	—	—	—	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

7.1 %

Net profit / revenue

Return on equity (ROE)

18.0 %

Net profit / equity

Return on assets (ROA)

10.8 %

Net profit / assets

Equity ratio

59.8 %

Equity / assets

Debt ratio

40.2 %

Liabilities / assets

Current ratio

1.68

Current assets / current liabilities

Revenue per employee

339 871 €

Revenue / average full-time employees

Labour cost per employee per month

3 540 €

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	24 Jun 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	13 May 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	3 May 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	18 Jul 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	21 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	4 Jun 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
3	600 000 €	AS SEB Pank	2 Apr 2025 – in force
2	100 000 €	AS SEB Pank	20 Sep 2024 – in force
1	150 000 €	AS SEB Pank	9 Dec 2013 – in force

Board

Eiko Jõgi
Board member · since 13 Apr 2009
Heikki Sohard
Board member · since 13 Apr 2009
Karmo Kase
Board member · since 13 Apr 2009
Siim Salandu
Board member · since 1 Feb 2024

Right of representation

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

Owners

Eiko Jõgi
Natural person · 639 €

25%
Karmo Kase
Natural person · 639 €

25%
Heikki Sohard
Natural person · 639 €

25%
KK Kapital OÜ
Legal person · 14900813 · 511 €

19.99%
Siim Salandu
Natural person · 128 €

5.01%

Beneficial owners

Siim Salandu
Direct ownership · since 27 Nov 2023
Eiko Jõgi
Direct ownership · since 19 Oct 2018
Heikki Sohard
Direct ownership · since 19 Oct 2018
Karmo Kase
Direct ownership · since 19 Oct 2018

Founders and other persons

Eiko Jõgi
Founder · 10 000 € · 9 Apr 2009
Heikki Sohard
Founder · 10 000 € · 9 Apr 2009
Kalev Kommer
Founder · 10 000 € · 9 Apr 2009
Karmo Kase
Founder · 10 000 € · 9 Apr 2009
OÜ E-Audit
Audit firm · 30 Nov 2021

shared board members, owners or beneficial owners

Activities (EMTAK)

42221Construction of utility projects for electricity and telecommunications Main

Rulings 24

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20044474 / 20 29 May 2026	Amendment entry		In force 29 May 2026	PDF
Ä 20044474 / 19 29 May 2026	Amendment entry		In force 29 May 2026	PDF
Ä 20044474 / 18 1 Dec 2025	Amendment entry		In force 1 Dec 2025	PDF
Ä 20044474 / M4 28 Nov 2025	Ruling to eliminate deficiencies	28 Dec 2025	Deficiencies eliminated 28 Nov 2025	PDF
K 20044474 / 17 2 Apr 2025	Commercial pledge entered		In force 2 Apr 2025	PDF
K 20044474 / M3 24 Mar 2025	Procedural ruling	3 Apr 2025	Deficiencies eliminated 2 Apr 2025	PDF
Ä 20044474 / 16 25 Nov 2024	Amendment entry		In force 25 Nov 2024	PDF
Ä 20044474 / 15 22 Nov 2024	Amendment entry		In force 22 Nov 2024	PDF
Ä 20044474 / M2 15 Nov 2024	Ruling to eliminate deficiencies	30 Nov 2024	Deficiencies eliminated 22 Nov 2024	PDF
K 20044474 / 14 20 Sep 2024	Commercial pledge entered		In force 20 Sep 2024	PDF
Ä 20044474 / 13 1 Feb 2024	Amendment entry		In force 1 Feb 2024	PDF
Ä 20044474 / 12 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 20044474 / 11 15 Sep 2020	Amendment entry		In force 15 Sep 2020	PDF
Ä 20044474 / 10 24 Oct 2019	Amendment entry		In force 24 Oct 2019	PDF
Ä 20044474 / 9 7 May 2019	Entry refused: deficiencies not eliminated		In force 23 May 2019	PDF
Ä 20044474 / M1 2 Apr 2019	Ruling to eliminate deficiencies	17 Apr 2019	In force 2 Apr 2019	PDF
Ä 20044474 / 8 11 Jun 2018	Amendment entry		In force 11 Jun 2018	PDF
Ä 20044474 / 7 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 20044474 / 6 4 Dec 2017	Amendment entry		In force 4 Dec 2017	PDF
Ä 20044474 / 5 3 Jun 2014	Amendment under Commercial Code § 525 (2)		In force 3 Jun 2014	PDF
K 20044474 / 4 9 Dec 2013	Commercial pledge entered		In force 9 Dec 2013	PDF
Ä 20044474 / 3 20 Feb 2013	Amendment under Commercial Code § 525 (2)		In force 20 Feb 2013	PDF
Ä 20044474 / 2 17 Nov 2011	Amendment entry		In force 17 Nov 2011	PDF
Ä 44474 13 Apr 2009	First entry		In force 13 Apr 2009	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

Kagu Elekter OÜ

Position in the industry Civil engineering · EMTAK 42

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 24