ArdCon Ehitus OÜ

Active Registry code 14231737 OÜ Otepää linn Registered 30 Mar 2017
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ArdCon Ehitus OÜ is a OÜ based in Otepää linn, registry code 14231737, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €0 with employees.

Turnover
0 €
State taxes
—
Labour taxes
—
Employees
—

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Revenue · 2025 72 375 €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 -20.8 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 0 € · industry median 25 252 € · above 2% of the industry
010 00020 00030 000Q4 2023 Company: 0 € Industry median: 26 427 €Q4·23Q1 2024 Company: 0 € Industry median: 19 618 €Q2 2024 Company: 9 836 € Industry median: 21 373 €Q2·24Q3 2024 Company: 0 € Industry median: 26 160 €Q4 2024 Company: 0 € Industry median: 25 496 €Q4·24Q1 2025 Company: 0 € Industry median: 19 568 €Q2 2025 Company: 0 € Industry median: 22 577 €Q2·25Q3 2025 Company: 0 € Industry median: 25 533 €Q4 2025 Company: 0 € Industry median: 25 721 €Q4·25Q1 2026 Company: 0 € Industry median: 20 483 €Q2 2026 Company: 0 € Industry median: 22 672 €Q2·26Q3 2026 Company: 0 € Industry median: 25 252 €Q3·26010 00020 00030 000Q4 2024 Company: 0 € Industry median: 25 496 €Q1 2025 Company: 0 € Industry median: 19 568 €Q1·25Q2 2025 Company: 0 € Industry median: 22 577 €Q3 2025 Company: 0 € Industry median: 25 533 €Q3·25Q4 2025 Company: 0 € Industry median: 25 721 €Q1 2026 Company: 0 € Industry median: 20 483 €Q1·26Q2 2026 Company: 0 € Industry median: 22 672 €Q3 2026 Company: 0 € Industry median: 25 252 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2025: 841 € · −59.4% vs Q2 2025 · industry median 1 208 € · above 26% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 764 € Industry median: 1 145 €Q4·23Q1 2024 Company: 655 € Industry median: 1 097 €Q2 2024 Company: 1 083 € Industry median: 1 083 €Q2·24Q3 2024 Company: 1 083 € Industry median: 1 142 €Q4 2024 Company: 1 048 € Industry median: 1 179 €Q4·24Q1 2025 Company: 1 137 € Industry median: 1 188 €Q2 2025 Company: 2 073 € Industry median: 1 149 €Q2·25Q3 2025 Company: 841 € Industry median: 1 208 €Q4 2025 Company: — Industry median: 1 254 €Q4·25Q1 2026 Company: — Industry median: 1 183 €Q2 2026 Company: — Industry median: 1 166 €Q2·26Q3 2026 Company: — Industry median: 1 211 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 048 € Industry median: 1 179 €Q1 2025 Company: 1 137 € Industry median: 1 188 €Q1·25Q2 2025 Company: 2 073 € Industry median: 1 149 €Q3 2025 Company: 841 € Industry median: 1 208 €Q3·25Q4 2025 Company: — Industry median: 1 254 €Q1 2026 Company: — Industry median: 1 183 €Q1·26Q2 2026 Company: — Industry median: 1 166 €Q3 2026 Company: — Industry median: 1 211 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2025: 1 · +0.0% vs Q2 2025
0.00.51.01.52.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·260.00.51.01.52.0Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
State taxes, € Q2 2026: 94 €
01 0002 0003 0004 000Q4 2023 Company: 1 627 €Q4·23Q1 2024 Company: 1 188 €Q2 2024 Company: 3 420 €Q2·24Q3 2024 Company: 1 937 €Q4 2024 Company: 1 920 €Q4·24Q1 2025 Company: 2 076 €Q2 2025 Company: 1 986 €Q2·25Q3 2025 Company: 789 €Q4 2025 Company: 419 €Q4·25Q1 2026 Company: —Q2 2026 Company: 94 €Q2·26Q3 2026 Company: —Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 920 €Q1 2025 Company: 2 076 €Q1·25Q2 2025 Company: 1 986 €Q3 2025 Company: 789 €Q3·25Q4 2025 Company: 419 €Q1 2026 Company: —Q1·26Q2 2026 Company: 94 €Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — — — —
Q2 2026 — 94 — —
Q1 2026 — — — —
Q4 2025 — 419 344 —
Q3 2025 — 789 841 1
Q2 2025 — 1 986 2 073 1
Q1 2025 — 2 076 2 274 2
Q4 2024 — 1 920 2 095 2
Q3 2024 — 1 937 2 166 2
Q2 2024 9 836 3 420 2 166 2
Q1 2024 — 1 188 1 310 2
Q4 2023 — 1 627 1 764 1
Q3 2023 — 1 529 1 699 1
Q2 2023 — 1 284 1 455 1
Q1 2023 — 1 284 1 455 1
Q4 2022 — 1 712 1 940 1
Q3 2022 — 1 797 2 037 1
Q2 2022 — 6 436 7 294 1
Q1 2022 — 8 365 9 275 3

Financials by year

2017 – 2025
Revenue, € thousand 2025: 72 375 € · −54.5% vs 2024 · industry median 38 239 € · above 63% of the industry
0501001502002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 184 722 € Industry median: 38 887 €20192020 Company: 187 765 € Industry median: 35 421 €20202021 Company: 191 393 € Industry median: 38 300 €20212022 Company: 199 552 € Industry median: 39 550 €20222023 Company: 177 780 € Industry median: 37 270 €20232024 Company: 159 048 € Industry median: 37 693 €20242025 Company: 72 375 € Industry median: 38 239 €20250501001502002018 Company: — Industry median: —2019 Company: 184 722 € Industry median: 38 887 €20192020 Company: 187 765 € Industry median: 35 421 €2021 Company: 191 393 € Industry median: 38 300 €20212022 Company: 199 552 € Industry median: 39 550 €2023 Company: 177 780 € Industry median: 37 270 €20232024 Company: 159 048 € Industry median: 37 693 €2025 Company: 72 375 € Industry median: 38 239 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -15 033 € · +7.5% vs 2024 · industry median 411 € · above 8% of the industry
-20 000020 00040 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 33 823 € Industry median: 643 €20192020 Company: 27 629 € Industry median: 281 €20202021 Company: 25 721 € Industry median: 315 €20212022 Company: 18 842 € Industry median: 398 €20222023 Company: 6 212 € Industry median: 253 €20232024 Company: -16 244 € Industry median: 108 €20242025 Company: -15 033 € Industry median: 411 €2025-20 000020 00040 0002018 Company: — Industry median: —2019 Company: 33 823 € Industry median: 643 €20192020 Company: 27 629 € Industry median: 281 €2021 Company: 25 721 € Industry median: 315 €20212022 Company: 18 842 € Industry median: 398 €2023 Company: 6 212 € Industry median: 253 €20232024 Company: -16 244 € Industry median: 108 €2025 Company: -15 033 € Industry median: 411 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -20.8 % · −10.6 pp vs the year before · industry median 3.5 % · above 12% of the industry
-30-20-10010202017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 18.3 % Industry median: 4.5 %20192020 Company: 14.7 % Industry median: 4.0 %20202021 Company: 13.4 % Industry median: 3.8 %20212022 Company: 9.4 % Industry median: 3.9 %20222023 Company: 3.5 % Industry median: 3.9 %20232024 Company: -10.2 % Industry median: 2.8 %20242025 Company: -20.8 % Industry median: 3.5 %2025-30-20-10010202018 Company: — Industry median: —2019 Company: 18.3 % Industry median: 4.5 %20192020 Company: 14.7 % Industry median: 4.0 %2021 Company: 13.4 % Industry median: 3.8 %20212022 Company: 9.4 % Industry median: 3.9 %2023 Company: 3.5 % Industry median: 3.9 %20232024 Company: -10.2 % Industry median: 2.8 %2025 Company: -20.8 % Industry median: 3.5 %2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 39 590 € · −48.6% vs 2024
020 00040 00060 00080 0002017 Company: —20172018 Company: —20182019 Company: 48 502 €20192020 Company: 46 753 €20202021 Company: 56 757 €20212022 Company: 77 236 €20222023 Company: 75 445 €20232024 Company: 77 017 €20242025 Company: 39 590 €2025020 00040 00060 00080 0002018 Company: —2019 Company: 48 502 €20192020 Company: 46 753 €2021 Company: 56 757 €20212022 Company: 77 236 €2023 Company: 75 445 €20232024 Company: 77 017 €2025 Company: 39 590 €2025
Equity, € 2025: 35 910 € · −29.5% vs 2024
020 00040 00060 00080 0002017 Company: —20172018 Company: —20182019 Company: 36 973 €20192020 Company: 32 206 €20202021 Company: 47 927 €20212022 Company: 64 976 €20222023 Company: 71 188 €20232024 Company: 50 943 €20242025 Company: 35 910 €2025020 00040 00060 00080 0002018 Company: —2019 Company: 36 973 €20192020 Company: 32 206 €2021 Company: 47 927 €20212022 Company: 64 976 €2023 Company: 71 188 €20232024 Company: 50 943 €2025 Company: 35 910 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
01232017 Company: 1 Industry median: —20172018 Company: 3 Industry median: 220182019 Company: 3 Industry median: 220192020 Company: 3 Industry median: 220202021 Company: 3 Industry median: 220212022 Company: 1 Industry median: 220222023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 220242025 Company: 1 Industry median: 2202501232018 Company: 3 Industry median: 22019 Company: 3 Industry median: 220192020 Company: 3 Industry median: 22021 Company: 3 Industry median: 220212022 Company: 1 Industry median: 22023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 22025 Company: 1 Industry median: 22025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (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 72 375 -15 033 27 015 39 590 35 910 1
2024 159 048 -16 244 44 482 77 017 50 943 1
2023 177 780 6 212 24 076 75 445 71 188 1
2022 199 552 18 842 70 675 77 236 64 976 1
2021 191 393 25 721 129 858 56 757 47 927 3
2020 187 765 27 629 117 355 46 753 32 206 3
2019 184 722 33 823 118 315 48 502 36 973 3
2018 — — — — — 3
2017 — — — — — 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 2025

Net profit margin
-20.8 %
Net profit / revenue
Return on equity (ROE)
-41.9 %
Net profit / equity
Return on assets (ROA)
-38.0 %
Net profit / assets
Equity ratio
90.7 %
Equity / assets
Debt ratio
9.3 %
Liabilities / assets
Current ratio
1.14
Current assets / current liabilities
Revenue per employee
72 375 €
Revenue / average full-time employees
Labour cost per employee per month
2 251 €
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 4 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 1 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 27 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 17 Aug 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 29 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 21 Sep 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

  • Ardi Hiob
    Natural person · 2 500 €

Beneficial owners

  • Mati Karo
    Member of a senior management body (management or supervisory board) · since 15 Dec 2024
  • Ardi Hiob
    Direct ownership · since 29 Oct 2018

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50054194 / 7
10 Oct 2024
Amendment entry In force
10 Oct 2024
PDF
Ä 50054194 / 6
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50054194 / 5
21 Jan 2018
Amendment entry In force
21 Jan 2018
PDF
Ä 50054194 / 4
13 Dec 2017
Amendment entry In force
13 Dec 2017
PDF
Ä 50054194 / 3
8 Sep 2017
Transformation entry In force
8 Sep 2017
PDF
Ä 50054194 / 2
5 Sep 2017
Amendment entry In force
5 Sep 2017
PDF
Ä 50054194
30 Mar 2017
First entry In force
30 Mar 2017
PDF

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