Kivitek ehitus OÜ is a OÜ based in Tartu linn, registry code 12216142, status: active. Main activity: Construction of roads and motorways. According to EMTA, turnover for Q3 2026 was €141 043 with 7 employees.
Turnover
141 043 €
↓ 31.6%vs Q2 2026
State taxes
15 770 €
↓ 52.0%vs Q2 2026
Labour taxes
6 234 €
↑ 232.7%vs Q2 2026
Employees
7
+2vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Civil engineering · EMTAK 42
Turnover · Q3 2026141 043 €
above 66% of companies
industry median 52 240 € · companies in the industry: 1 125
Labour taxes per employee891 €
above 16% of companies
industry median 1 750 € · companies in the industry: 933
Revenue · 2024399 010 €
above 75% of companies
industry median 74 590 € · companies in the industry: 1 497
Net profit margin · 202415.8 %
above 75% of companies
industry median 4.7 % · companies in the industry: 1 261
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 141 043 € · −31.6% vs Q2 2026 · industry median 52 240 € · above 66% 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: 891 € · +137.6% vs Q2 2026 · industry median 1 750 € · above 16% 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.
EmployeesQ3 2026: 7 · +40.0% vs Q2 2026State taxes, € Q3 2026: 15 770 € · −52.0% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
141 043
15 770
6 234
7
Q2 2026
206 287
32 885
1 874
5
Q1 2026
36 523
7 426
290
—
Q4 2025
140 642
14 371
3 458
—
Q3 2025
231 375
32 934
9 226
5
Q2 2025
106 701
12 538
3 918
9
Q1 2025
49 510
19 954
2 570
1
Q4 2024
124 330
8 766
4 913
2
Q3 2024
112 920
16 031
6 866
8
Q2 2024
103 133
4 945
3 527
6
Q1 2024
99 027
13 940
1 719
1
Q4 2023
148 149
14 014
3 129
2
Q3 2023
148 675
4 726
3 655
2
Q2 2023
23 401
1 966
4 041
2
Q1 2023
57 055
7 939
471
—
Q4 2022
108 212
16 175
2 485
1
Q3 2022
63 471
4 284
2 232
4
Q2 2022
84 612
3 503
1 571
3
Q1 2022
32 318
2 775
419
1
Labour taxes per employee per month
297 €
Turnover per employee in the quarter
20 149 €
Q3 2026 · calculated from EMTA data
Financials by year
2015 – 2024
Revenue, € thousand 2024: 399 010 € · −2.1% vs 2023 · industry median 74 590 € · above 75% 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, € 2024: 62 903 € · +277.5% vs 2023 · industry median 1 984 € · above 85% 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, % 2024: 15.8 % · +11.7 pp vs the year before · industry median 4.7 % · above 75% 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 2024: 233 788 € · +52.7% vs 2023Equity, € thousand 2024: 189 775 € · +49.6% vs 2023Employees2024: 4 · +33.3% vs 2023 · industry median 2 · above 65% 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
2024
399 010
62 903
56 514
233 788
189 775
4
2023
407 715
16 664
30 127
153 136
126 872
3
2022
278 280
-23 276
27 605
118 847
112 502
4
2021
204 174
32 928
20 416
140 589
135 778
3
2020
142 149
-6 840
12 041
109 652
102 850
4
2019
240 601
90 442
4 280
111 825
109 689
1
2018
—
—
—
—
—
1
2017
—
—
—
—
—
1
2016
—
—
—
—
—
0
2015
—
—
—
—
—
1
2014
—
—
—
—
—
1
2013
—
—
—
—
—
1
2012
—
—
—
—
—
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 2024
Net profit margin
15.8 %
Net profit / revenue
Return on equity (ROE)
33.1 %
Net profit / equity
Return on assets (ROA)
26.9 %
Net profit / assets
Equity ratio
81.2 %
Equity / assets
Debt ratio
18.8 %
Liabilities / assets
Current ratio
3.05
Current assets / current liabilities
Revenue per employee
99 753 €
Revenue / average full-time employees
Labour cost per employee per month
1 177 €
Labour costs / employees / 12 months (incl. employer taxes)
