KVJ Tehnohaldus OÜ

Active Registry code 14656856 OÜ Tallinn Registered 6 Feb 2019
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KVJ Tehnohaldus OÜ is a OÜ based in Tallinn, registry code 14656856, status: active. Main activity: Installation, maintenance and repair of heating, ventilation and air conditioning equipment. According to EMTA, turnover for Q3 2026 was €434 964 with 17 employees.

Turnover
434 964 €
↑ 7.5% vs Q2 2026
State taxes
89 265 €
↑ 27.4% vs Q2 2026
Labour taxes
49 870 €
↓ 2.5% vs Q2 2026
Employees
17
−1 vs Q2 2026

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

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 434 964 €
    industry median 23 017 € · companies in the industry: 6 974
  • Labour taxes per employee 2 934 €
    industry median 1 236 € · companies in the industry: 5 958
  • Revenue · 2025 1.8 mn €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 7.5 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 434 964 € · +7.5% vs Q2 2026 · industry median 23 017 € · above 98% of the industry
0200400600800Q4 2023 Company: 136 425 € Industry median: 23 403 €Q4·23Q1 2024 Company: 107 475 € Industry median: 16 922 €Q2 2024 Company: 113 261 € Industry median: 18 660 €Q2·24Q3 2024 Company: 175 140 € Industry median: 21 547 €Q4 2024 Company: 247 485 € Industry median: 23 300 €Q4·24Q1 2025 Company: 434 165 € Industry median: 17 914 €Q2 2025 Company: 445 209 € Industry median: 20 215 €Q2·25Q3 2025 Company: 399 535 € Industry median: 22 700 €Q4 2025 Company: 602 441 € Industry median: 23 111 €Q4·25Q1 2026 Company: 445 492 € Industry median: 17 425 €Q2 2026 Company: 404 493 € Industry median: 20 462 €Q2·26Q3 2026 Company: 434 964 € Industry median: 23 017 €Q3·260200400600800Q4 2024 Company: 247 485 € Industry median: 23 300 €Q1 2025 Company: 434 165 € Industry median: 17 914 €Q1·25Q2 2025 Company: 445 209 € Industry median: 20 215 €Q3 2025 Company: 399 535 € Industry median: 22 700 €Q3·25Q4 2025 Company: 602 441 € Industry median: 23 111 €Q1 2026 Company: 445 492 € Industry median: 17 425 €Q1·26Q2 2026 Company: 404 493 € Industry median: 20 462 €Q3 2026 Company: 434 964 € Industry median: 23 017 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 934 € · +3.3% vs Q2 2026 · industry median 1 236 € · above 89% of the industry
01 0002 0003 000Q4 2023 Company: 521 € Industry median: 1 123 €Q4·23Q1 2024 Company: 685 € Industry median: 1 105 €Q2 2024 Company: 676 € Industry median: 1 083 €Q2·24Q3 2024 Company: 699 € Industry median: 1 141 €Q4 2024 Company: 1 107 € Industry median: 1 178 €Q4·24Q1 2025 Company: 2 678 € Industry median: 1 177 €Q2 2025 Company: 2 812 € Industry median: 1 194 €Q2·25Q3 2025 Company: 2 865 € Industry median: 1 250 €Q4 2025 Company: 2 970 € Industry median: 1 270 €Q4·25Q1 2026 Company: 2 657 € Industry median: 1 202 €Q2 2026 Company: 2 840 € Industry median: 1 197 €Q2·26Q3 2026 Company: 2 934 € Industry median: 1 236 €Q3·2601 0002 0003 000Q4 2024 Company: 1 107 € Industry median: 1 178 €Q1 2025 Company: 2 678 € Industry median: 1 177 €Q1·25Q2 2025 Company: 2 812 € Industry median: 1 194 €Q3 2025 Company: 2 865 € Industry median: 1 250 €Q3·25Q4 2025 Company: 2 970 € Industry median: 1 270 €Q1 2026 Company: 2 657 € Industry median: 1 202 €Q1·26Q2 2026 Company: 2 840 € Industry median: 1 197 €Q3 2026 Company: 2 934 € Industry median: 1 236 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 17 · −5.6% vs Q2 2026
05101520Q4 2023 Company: 16Q4·23Q1 2024 Company: 16Q2 2024 Company: 17Q2·24Q3 2024 Company: 18Q4 2024 Company: 20Q4·24Q1 2025 Company: 17Q2 2025 Company: 16Q2·25Q3 2025 Company: 15Q4 2025 Company: 17Q4·25Q1 2026 Company: 19Q2 2026 Company: 18Q2·26Q3 2026 Company: 17Q3·2605101520Q4 2024 Company: 20Q1 2025 Company: 17Q1·25Q2 2025 Company: 16Q3 2025 Company: 15Q3·25Q4 2025 Company: 17Q1 2026 Company: 19Q1·26Q2 2026 Company: 18Q3 2026 Company: 17Q3·26
State taxes, € thousand Q3 2026: 89 265 € · +27.4% vs Q2 2026
0255075100125Q4 2023 Company: 24 888 €Q4·23Q1 2024 Company: 22 591 €Q2 2024 Company: 25 771 €Q2·24Q3 2024 Company: 34 366 €Q4 2024 Company: 30 893 €Q4·24Q1 2025 Company: 90 720 €Q2 2025 Company: 82 814 €Q2·25Q3 2025 Company: 74 208 €Q4 2025 Company: 100 600 €Q4·25Q1 2026 Company: 85 783 €Q2 2026 Company: 70 092 €Q2·26Q3 2026 Company: 89 265 €Q3·260255075100125Q4 2024 Company: 30 893 €Q1 2025 Company: 90 720 €Q1·25Q2 2025 Company: 82 814 €Q3 2025 Company: 74 208 €Q3·25Q4 2025 Company: 100 600 €Q1 2026 Company: 85 783 €Q1·26Q2 2026 Company: 70 092 €Q3 2026 Company: 89 265 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 434 964 89 265 49 870 17
Q2 2026 404 493 70 092 51 125 18
Q1 2026 445 492 85 783 50 486 19
Q4 2025 602 441 100 600 50 490 17
Q3 2025 399 535 74 208 42 973 15
Q2 2025 445 209 82 814 44 997 16
Q1 2025 434 165 90 720 45 530 17
Q4 2024 247 485 30 893 22 148 20
Q3 2024 175 140 34 366 12 578 18
Q2 2024 113 261 25 771 11 492 17
Q1 2024 107 475 22 591 10 959 16
Q4 2023 136 425 24 888 8 339 16
Q3 2023 87 350 16 594 6 414 15
Q2 2023 109 361 20 959 8 702 15
Q1 2023 110 981 17 621 8 288 15
Q4 2022 111 264 15 881 5 571 15
Q3 2022 48 447 10 236 6 520 16
Q2 2022 55 367 7 154 2 858 13
Q1 2022 48 472 9 862 7 016 12
Labour taxes per employee per month
978 €
Turnover per employee in the quarter
25 586 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025
Revenue, € thousand 2025: 1 840 916 € · +146.9% vs 2024 · industry median 37 328 € · above 98% of the industry
05001 0001 5002 0002019 Company: 73 502 € Industry median: 37 051 €20192020 Company: 149 297 € Industry median: 33 953 €20202021 Company: 171 991 € Industry median: 35 073 €20212022 Company: 280 268 € Industry median: 37 940 €20222023 Company: 454 900 € Industry median: 35 936 €20232024 Company: 745 754 € Industry median: 35 372 €20242025 Company: 1 840 916 € Industry median: 37 328 €202505001 0001 5002 0002019 Company: 73 502 € Industry median: 37 051 €20192020 Company: 149 297 € Industry median: 33 953 €2021 Company: 171 991 € Industry median: 35 073 €20212022 Company: 280 268 € Industry median: 37 940 €2023 Company: 454 900 € Industry median: 35 936 €20232024 Company: 745 754 € Industry median: 35 372 €2025 Company: 1 840 916 € Industry median: 37 328 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 137 334 € · +977.3% vs 2024 · industry median 561 € · above 98% of the industry
-500501001502019 Company: -8 936 € Industry median: 1 030 €20192020 Company: -7 369 € Industry median: 507 €20202021 Company: 26 206 € Industry median: 785 €20212022 Company: -11 982 € Industry median: 823 €20222023 Company: 82 385 € Industry median: 581 €20232024 Company: -15 655 € Industry median: 432 €20242025 Company: 137 334 € Industry median: 561 €2025-500501001502019 Company: -8 936 € Industry median: 1 030 €20192020 Company: -7 369 € Industry median: 507 €2021 Company: 26 206 € Industry median: 785 €20212022 Company: -11 982 € Industry median: 823 €2023 Company: 82 385 € Industry median: 581 €20232024 Company: -15 655 € Industry median: 432 €2025 Company: 137 334 € Industry median: 561 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 7.5 % · +9.6 pp vs the year before · industry median 3.9 % · above 59% of the industry
-20-10010202019 Company: -12.2 % Industry median: 5.3 %20192020 Company: -4.9 % Industry median: 4.1 %20202021 Company: 15.2 % Industry median: 4.7 %20212022 Company: -4.3 % Industry median: 4.8 %20222023 Company: 18.1 % Industry median: 4.4 %20232024 Company: -2.1 % Industry median: 3.4 %20242025 Company: 7.5 % Industry median: 3.9 %2025-20-10010202019 Company: -12.2 % Industry median: 5.3 %20192020 Company: -4.9 % Industry median: 4.1 %2021 Company: 15.2 % Industry median: 4.7 %20212022 Company: -4.3 % Industry median: 4.8 %2023 Company: 18.1 % Industry median: 4.4 %20232024 Company: -2.1 % Industry median: 3.4 %2025 Company: 7.5 % Industry median: 3.9 %2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 591 080 € · +46.2% vs 2024
02004006002019 Company: 22 730 €20192020 Company: 45 275 €20202021 Company: 32 729 €20212022 Company: 64 163 €20222023 Company: 129 470 €20232024 Company: 404 198 €20242025 Company: 591 080 €202502004006002019 Company: 22 730 €20192020 Company: 45 275 €2021 Company: 32 729 €20212022 Company: 64 163 €2023 Company: 129 470 €20232024 Company: 404 198 €2025 Company: 591 080 €2025
Equity, € thousand 2025: 198 241 € · +225.5% vs 2024
-500501001502002019 Company: -6 336 €20192020 Company: -13 705 €20202021 Company: 12 501 €20212022 Company: 519 €20222023 Company: 82 904 €20232024 Company: 60 907 €20242025 Company: 198 241 €2025-500501001502002019 Company: -6 336 €20192020 Company: -13 705 €2021 Company: 12 501 €20212022 Company: 519 €2023 Company: 82 904 €20232024 Company: 60 907 €2025 Company: 198 241 €2025
Employees 2025: 16 · −15.8% vs 2024 · industry median 1 · above 98% of the industry
051015202019 Company: 1 Industry median: 220192020 Company: 2 Industry median: 220202021 Company: 2 Industry median: 220212022 Company: 3 Industry median: 220222023 Company: 4 Industry median: 120232024 Company: 19 Industry median: 120242025 Company: 16 Industry median: 12025051015202019 Company: 1 Industry median: 220192020 Company: 2 Industry median: 22021 Company: 2 Industry median: 220212022 Company: 3 Industry median: 22023 Company: 4 Industry median: 120232024 Company: 19 Industry median: 12025 Company: 16 Industry median: 12025
  • Company
  • Industry median

Industry: Specialised construction 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 1 840 916 137 334 473 863 591 080 198 241 16
2024 745 754 -15 655 207 685 404 198 60 907 19
2023 454 900 82 385 89 044 129 470 82 904 4
2022 280 268 -11 982 56 965 64 163 519 3
2021 171 991 26 206 55 194 32 729 12 501 2
2020 149 297 -7 369 55 039 45 275 -13 705 2
2019 73 502 -8 936 33 664 22 730 -6 336 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
7.4 %
Net profit / revenue
Return on equity (ROE)
69.3 %
Net profit / equity
Return on assets (ROA)
23.2 %
Net profit / assets
Equity ratio
33.5 %
Equity / assets
Debt ratio
66.5 %
Liabilities / assets
Current ratio
2.20
Current assets / current liabilities
Revenue per employee
116 467 €
Revenue / average full-time employees
Labour cost per employee per month
2 468 €
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 29 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 18 Aug 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 17 Oct 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Aug 2021 Company’s own e-Äriregister
2019 6 Feb 2019 – 31 Dec 2019 30 Jun 2020 Company’s own e-Äriregister

Board

  • Hillart Beljäev
    Board member · since 6 Feb 2019
  • Tanel Gehrke
    Board member · since 6 Feb 2019
  • Nasdaq CSD SE
    Keeper of the share register · since 19 Apr 2024

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 43221Installation, maintenance and repair of heating, ventilation and air conditioning equipment Main
Rulings
Number, date Title Deadline State Document
Ä 50111820 / 6
11 Nov 2024
Second (constitutive) merger entry In force
11 Nov 2024
PDF
Ä 50111820 / 5
19 Apr 2024
Amendment entry In force
19 Apr 2024
PDF
Ä 50111820 / 4
9 Jan 2024
Amendment entry In force
9 Jan 2024
PDF
Ä 50111820 / M2
8 Jan 2024
Ruling to eliminate deficiencies 7 Feb 2024 Deficiencies eliminated
9 Jan 2024
PDF
Ä 50111820 / 3
3 Sep 2023
Amendment entry In force
3 Sep 2023
PDF
Ä 50111820 / 2
6 Oct 2020
Amendment entry In force
6 Oct 2020
PDF
Ä 50111820
6 Feb 2019
First entry In force
6 Feb 2019
PDF
Ä 50111820 / M1
29 Jan 2019
Ruling to eliminate deficiencies 28 Feb 2019 Deficiencies eliminated
6 Feb 2019
PDF

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