Puurkaevumeistrid OÜ

Active Registry code 12521431 OÜ Papsaare küla Registered 16 Aug 2013

Puurkaevumeistrid OÜ is a OÜ based in Papsaare küla, registry code 12521431, status: active. Main activity: Drilling and closure of water wells and boreholes. According to EMTA, turnover for Q3 2026 was €1 116 944 with 31 employees.

Turnover

1 116 944 €

↑ 0.1% vs Q2 2026

State taxes

205 126 €

↓ 13.6% vs Q2 2026

Labour taxes

84 018 €

↓ 21.5% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Civil engineering · EMTAK 42

Turnover · Q3 2026 1.1 mn €

above 91% of companies

industry median 52 240 € · companies in the industry: 1 125
Labour taxes per employee 2 710 €

above 68% of companies

industry median 1 750 € · companies in the industry: 933
Revenue · 2024 4.1 mn €

above 98% of companies

industry median 74 590 € · companies in the industry: 1 497
Net profit margin · 2024 8.1 %

above 59% of companies

industry median 4.7 % · companies in the industry: 1 261

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 1 116 944 € · +0.1% vs Q2 2026 · industry median 52 240 € · above 91% 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: 2 710 € · −21.5% vs Q2 2026 · industry median 1 750 € · above 68% 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: 31 · +0.0% vs Q2 2026

State taxes, € thousand Q3 2026: 205 126 € · −13.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	1 116 944	205 126	84 018	31
Q2 2026	1 116 245	237 471	106 989	31
Q1 2026	822 113	137 035	62 026	30
Q4 2025	1 327 804	212 449	90 925	33
Q3 2025	1 134 859	174 027	90 140	32
Q2 2025	1 069 691	196 814	88 595	32
Q1 2025	1 118 513	248 026	88 001	29
Q4 2024	1 315 064	208 479	72 209	30
Q3 2024	1 342 399	185 991	81 065	30
Q2 2024	1 050 761	161 287	73 489	28
Q1 2024	995 340	127 930	69 729	26
Q4 2023	1 213 766	120 692	69 977	26
Q3 2023	1 370 796	154 048	61 825	27
Q2 2023	1 495 892	132 259	52 670	28
Q1 2023	1 220 132	81 219	40 851	24
Q4 2022	1 124 539	72 781	35 350	21
Q3 2022	856 916	85 465	32 663	19
Q2 2022	938 612	82 930	30 991	20
Q1 2022	643 077	31 253	34 657	17

Labour taxes per employee per month

903 €

Turnover per employee in the quarter

36 030 €

Q3 2026 · calculated from EMTA data

Financials by year

2015 – 2024

Revenue, € thousand 2024: 4 059 358 € · −7.5% vs 2023 · industry median 74 590 € · 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 2024: 328 549 € · +4.9% vs 2023 · industry median 1 984 € · 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, % 2024: 8.1 % · +1.0 pp vs the year before · industry median 4.7 % · above 59% 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: 2 860 295 € · +12.7% vs 2023

Equity, € thousand 2024: 1 634 216 € · +24.0% vs 2023

Employees 2024: 27 · +3.8% vs 2023 · industry median 2 · above 95% 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	4 059 358	328 549	774 380	2 860 295	1 634 216	27
2023	4 388 468	313 128	640 032	2 538 042	1 317 667	26
2022	3 052 226	272 781	368 350	2 118 615	1 064 539	17
2021	2 364 099	137 992	369 404	1 344 095	791 758	16
2020	2 269 186	215 851	311 436	1 114 420	653 766	14
2019	1 565 757	147 395	254 970	1 186 022	437 915	12
2018	—	—	—	—	—	9
2017	—	—	—	—	—	5
2016	—	—	—	—	—	5
2015	—	—	—	—	—	4
2014	—	—	—	—	—	1

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

8.1 %

Net profit / revenue

Return on equity (ROE)

20.1 %

Net profit / equity

Return on assets (ROA)

11.5 %

Net profit / assets

Equity ratio

57.1 %

Equity / assets

Debt ratio

42.9 %

Liabilities / assets

Current ratio

1.13

Current assets / current liabilities

Revenue per employee

150 347 €

Revenue / average full-time employees

Labour cost per employee per month

2 390 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	26 Nov 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	7 Dec 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	18 Oct 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	29 Mar 2022	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	28 Oct 2020	Company’s own	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
1	300 000 €	Swedbank AS	2 Dec 2022 – in force

Board

Ardo Lünekund
Board member · since 16 Aug 2013
Sven Vahtramäe
Board member · since 10 Mar 2014

Right of representation

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

Owners

Ardo Lünekund
Natural person · 1 278 €

50%
Sven Vahtramäe
Natural person · 1 278 €

50%

Owner in

Beneficial owners

Ardo Lünekund
Direct ownership · since 20 Oct 2018
Sven Vahtramäe
Direct ownership · since 20 Oct 2018

Founders and other persons

Ardo Lünekund
Founder · 2 556 € · 15 Aug 2013
Gaidian OÜ
Audit firm · 14 Feb 2022

shared board members, owners or beneficial owners

Activities (EMTAK)

42212Drilling and closure of water wells and boreholes Main
43999Other specialised construction activities
46901Non-specialised wholesale trade
68201Rental and operating of own or leased real estate

Rulings 12

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 30051882 / M3 9 Sep 2024	Fine for not filing the report	10 Oct 2024	In force 11 Oct 2024	PDF
Ä 30051882 / M2 10 Jul 2024	Warning of a fine: annual report not filed	9 Aug 2024	In force 10 Jul 2024	PDF
Ä 30051882 / M1 12 Oct 2023	Warning of a fine: annual report not filed	11 Nov 2023	Deficiencies eliminated 12 Dec 2023	PDF
Ä 30051882 / 9 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
K 30051882 / 8 2 Dec 2022	Commercial pledge entered		In force 2 Dec 2022	PDF
Ä 30051882 / 7 19 Oct 2020	Amendment under Commercial Code § 525 (2)		In force 19 Oct 2020	PDF
Ä 30051882 / 6 4 Jul 2018	Amendment under Commercial Code § 525 (2)		In force 4 Jul 2018	PDF
Ä 30051882 / 5 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 30051882 / 4 5 Apr 2016	Amendment entry		In force 5 Apr 2016	PDF
Ä 30051882 / 3 26 Jan 2015	Amendment entry		In force 26 Jan 2015	PDF
Ä 30051882 / 2 10 Mar 2014	Amendment entry		In force 10 Mar 2014	PDF
Ä 30051882 16 Aug 2013	First entry		In force 16 Aug 2013	PDF

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

Puurkaevumeistrid OÜ

Position in the industry Civil engineering · EMTAK 42

Taxes and turnover

Financials by year

Financial ratios for 2024

Annual reports

Commercial pledges

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 12