Kuraga Investment AS

Active Registry code 14234888 AS Tallinn Registered 4 Apr 2017

Kuraga Investment AS is a AS based in Tallinn, registry code 14234888, status: active. Main activity: Other information technology and computer service activities. According to EMTA, turnover for Q3 2026 was €56 617 with 3 employees.

Turnover

56 617 €

↓ 63.9% vs Q2 2026

State taxes

3 145 €

↓ 9.4% vs Q2 2026

Labour taxes

3 418 €

↓ 5.2% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Computer programming, consultancy and related activities · EMTAK 62

Turnover · Q3 2026 56 617 €

above 75% of companies

industry median 19 078 € · companies in the industry: 7 345
Labour taxes per employee 1 139 €

above 21% of companies

industry median 2 345 € · companies in the industry: 2 783
Revenue · 2025 366 327 €

above 91% of companies

industry median 14 309 € · companies in the industry: 13 336
Net profit margin · 2025 64.6 %

above 81% of companies

industry median 15.1 % · companies in the industry: 8 943

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 56 617 € · −63.9% vs Q2 2026 · industry median 19 078 € · above 75% of the industry

Company
Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 139 € · −5.2% vs Q2 2026 · industry median 2 345 € · above 21% of the industry

Company
Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 3 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 3 145 € · −9.4% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	56 617	3 145	3 418	3
Q2 2026	156 738	3 472	3 605	3
Q1 2026	—	3 741	3 960	3
Q4 2025	4 128	3 882	4 416	3
Q3 2025	200 029	3 377	3 628	3
Q2 2025	61 685	4 479	4 475	3
Q1 2025	8 669	4 181	4 468	3
Q4 2024	—	5 063	5 314	4
Q3 2024	4 800	8 033	5 376	4
Q2 2024	46 632	5 136	5 421	4
Q1 2024	33 872	5 034	5 317	4
Q4 2023	35 112	4 055	4 265	4
Q3 2023	21 607	2 659	2 196	3
Q2 2023	163 177	2 473	2 553	3
Q1 2023	368 783	—	2 553	3
Q4 2022	87 128	3 947	2 553	3
Q3 2022	27 755	2 453	2 553	3
Q2 2022	215 671	4 013	4 170	3
Q1 2022	55 227	3 574	3 737	4

Labour taxes per employee per month

380 €

Turnover per employee in the quarter

18 872 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2025

Revenue, € thousand 2025: 366 327 € · +710.4% vs 2024 · industry median 14 309 € · above 91% of the industry

Company
Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 236 659 € · +334.0% vs 2024 · industry median 106 € · above 98% of the industry

Company
Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 64.6 % · +288.3 pp vs the year before · industry median 15.1 % · above 81% of the industry

Company
Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 340 854 € · +182.4% vs 2024

Equity, € thousand 2025: 306 263 € · +340.0% vs 2024

Employees 2025: 3 · −25.0% vs 2024 · industry median 1 · above 85% of the industry

Company
Industry median

Industry: Computer programming, consultancy and related activities (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	366 327	236 659	43 682	340 854	306 263	3
2024	45 206	-101 137	57 912	120 693	69 604	4
2023	292 603	131 419	29 354	204 036	170 741	4
2022	454 436	-1 365	29 621	106 120	39 322	1
2021	293 766	16 504	23 986	105 062	46 687	4
2020	188 391	11 835	0	68 336	30 183	0
2019	0	-4 658	0	52 813	-4 152	0
2018	—	—	—	—	—	0
2017	—	—	—	—	—	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

64.6 %

Net profit / revenue

Return on equity (ROE)

77.3 %

Net profit / equity

Return on assets (ROA)

69.4 %

Net profit / assets

Equity ratio

89.9 %

Equity / assets

Debt ratio

10.1 %

Liabilities / assets

Current ratio

9.34

Current assets / current liabilities

Revenue per employee

122 109 €

Revenue / average full-time employees

Labour cost per employee per month

1 213 €

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	6 Jul 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	11 Aug 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	1 Nov 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	22 Jul 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	21 Oct 2020	Company’s own	e-Äriregister

Board

Nasdaq CSD SE
Keeper of the share ledger · since 13 Jan 2021
Valentīns Ļevčenko
Board member · since 4 Apr 2017

Right of representation

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

Owners

No owner information.

Beneficial owners

Valentīns Ļevčenko
Direct ownership · since 11 Sep 2018

Founders and other persons

Valentīns Ļevčenko
Founder · 2 500 € · 4 Apr 2017
Aliaksei Varabei
Supervisory board member · 1 Dec 2020
Artur Pinchuk
Supervisory board member · 1 Dec 2020
Olesia Shemet
Supervisory board member · 1 Dec 2020
Omanikukonto: Valentins Levcenko
Shareholder · 25 000 € · 16 Aug 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

62901Other information technology and computer service activities Main

Rulings 16

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50054549 / 11 13 Jan 2021	Amendment entry		In force 13 Jan 2021	PDF
Ä 50054549 / 10 1 Dec 2020	Transformation entry		In force 1 Dec 2020	PDF
Ä 50054549 / M5 19 Nov 2020	Ruling to eliminate deficiencies	9 Dec 2020	Deficiencies eliminated 1 Dec 2020	PDF
Ä 50054549 / M4 13 Nov 2020	Procedural ruling	28 Nov 2020	Deficiencies eliminated 17 Nov 2020	PDF
Ä 50054549 / 9 28 Oct 2020	Amendment entry		In force 28 Oct 2020	PDF
Ä 50054549 / 8 7 Sep 2020	Amendment entry		In force 7 Sep 2020	PDF
Ä 50054549 / M3 27 Aug 2020	Ruling to eliminate deficiencies	26 Sep 2020	Deficiencies eliminated 7 Sep 2020	PDF
Ä 50054549 / M2 17 Aug 2020	Ruling to eliminate deficiencies	6 Sep 2020	Deficiencies eliminated 7 Sep 2020	PDF
Ä 50054549 / 7 6 Aug 2020	Amendment entry		In force 6 Aug 2020	PDF
Ä 50054549 / 6 6 Aug 2020	Entry refused		In force 21 Aug 2020	PDF
Ä 50054549 / 5 7 Jun 2019	Amendment under Commercial Code § 525 (2)		In force 7 Jun 2019	PDF
Ä 50054549 / 4 30 Nov 2018	Amendment entry		In force 30 Nov 2018	PDF
Ä 50054549 / 3 21 Aug 2018	Amendment entry		In force 21 Aug 2018	PDF
Ä 50054549 / M1 30 Jul 2018	Ruling to eliminate deficiencies	19 Aug 2018	Deficiencies eliminated 21 Aug 2018	PDF
Ä 50054549 / 2 19 Jan 2018	Amendment entry		In force 19 Jan 2018	PDF
Ä 50054549 4 Apr 2017	First entry		In force 4 Apr 2017	PDF

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

Kuraga Investment AS

Position in the industry Computer programming, consultancy and related activities · EMTAK 62

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 16