Korvad Group Ehitus OÜ

Active Registry code 14670520 OÜ Tallinn Registered 27 Feb 2019
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Korvad Group Ehitus OÜ is a OÜ based in Tallinn, registry code 14670520, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q2 2026 was €0 with employees.

Turnover
0 €
State taxes
—
Labour taxes
—
Employees
—

Q2 2026 · data from the Tax and Customs Board (EMTA)

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

  • Revenue · 2024 1 000 €
    industry median 37 693 € · companies in the industry: 7 372
  • Net profit margin · 2024 -7.0 %
    industry median 2.8 % · companies in the industry: 5 756

Taxes and turnover

Q3 2023 – Q2 2026
Turnover, € Q2 2026: 0 € · industry median 22 672 € · above 2% of the industry
010 00020 00030 000Q3 2023 Company: 0 € Industry median: 27 263 €Q3·23Q4 2023 Company: 3 600 € Industry median: 26 427 €Q1 2024 Company: 0 € Industry median: 19 618 €Q1·24Q2 2024 Company: 0 € Industry median: 21 373 €Q3 2024 Company: 1 000 € Industry median: 26 160 €Q3·24Q4 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: 8 694 € Industry median: 25 533 €Q3·25Q4 2025 Company: 6 198 € Industry median: 25 721 €Q1 2026 Company: 0 € Industry median: 20 483 €Q1·26Q2 2026 Company: 0 € Industry median: 22 672 €Q2·26010 00020 00030 000Q3 2024 Company: 1 000 € 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: 8 694 € Industry median: 25 533 €Q4 2025 Company: 6 198 € Industry median: 25 721 €Q4·25Q1 2026 Company: 0 € Industry median: 20 483 €Q2 2026 Company: 0 € Industry median: 22 672 €Q2·26
  • 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 2023: 730 € · industry median 1 118 € · above 26% of the industry
05001 0001 500Q3 2023 Company: 730 € Industry median: 1 118 €Q3·23Q4 2023 Company: — Industry median: 1 145 €Q1 2024 Company: — Industry median: 1 097 €Q1·24Q2 2024 Company: — Industry median: 1 083 €Q3 2024 Company: — Industry median: 1 142 €Q3·24Q4 2024 Company: — Industry median: 1 179 €Q1 2025 Company: — Industry median: 1 188 €Q1·25Q2 2025 Company: — Industry median: 1 149 €Q3 2025 Company: — 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 €Q2·2605001 0001 500Q3 2024 Company: — Industry median: 1 142 €Q4 2024 Company: — Industry median: 1 179 €Q4·24Q1 2025 Company: — Industry median: 1 188 €Q2 2025 Company: — Industry median: 1 149 €Q2·25Q3 2025 Company: — 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 €Q2·26
  • 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 2023: 1
0.00.20.40.60.81.0Q3 2023 Company: 1Q3·23Q4 2023 Company: —Q1 2024 Company: —Q1·24Q2 2024 Company: —Q3 2024 Company: —Q3·24Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: —Q2·26
State taxes, € Q1 2026: 226 € · −82.3% vs Q4 2025
05001 0001 500Q3 2023 Company: 651 €Q3·23Q4 2023 Company: 578 €Q1 2024 Company: 120 €Q1·24Q2 2024 Company: 194 €Q3 2024 Company: 408 €Q3·24Q4 2024 Company: 105 €Q1 2025 Company: 2 €Q1·25Q2 2025 Company: —Q3 2025 Company: 1 054 €Q3·25Q4 2025 Company: 1 280 €Q1 2026 Company: 226 €Q1·26Q2 2026 Company: —Q2·2605001 0001 500Q3 2024 Company: 408 €Q4 2024 Company: 105 €Q4·24Q1 2025 Company: 2 €Q2 2025 Company: —Q2·25Q3 2025 Company: 1 054 €Q4 2025 Company: 1 280 €Q4·25Q1 2026 Company: 226 €Q2 2026 Company: —Q2·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q2 2026 — — — —
Q1 2026 — 226 — —
Q4 2025 6 198 1 280 — —
Q3 2025 8 694 1 054 — —
Q2 2025 — — — —
Q1 2025 — 2 — —
Q4 2024 — 105 — —
Q3 2024 1 000 408 — —
Q2 2024 — 194 — —
Q1 2024 — 120 110 —
Q4 2023 3 600 578 546 —
Q3 2023 — 651 730 1
Q2 2023 150 224 310 2
Q1 2023 — 205 299 2
Q4 2022 21 055 4 266 405 2
Q3 2022 23 462 4 995 1 263 3
Q2 2022 8 927 2 191 1 861 6
Q1 2022 22 353 6 325 2 592 5

Financials by year

2019 – 2024
Revenue, € thousand 2024: 1 000 € · −73.3% vs 2023 · industry median 37 693 € · above 21% of the industry
02550751001252019 Company: 38 574 € Industry median: 38 887 €20192020 Company: 80 845 € Industry median: 35 421 €20202021 Company: 109 010 € Industry median: 38 300 €20212022 Company: 66 444 € Industry median: 39 550 €20222023 Company: 3 750 € Industry median: 37 270 €20232024 Company: 1 000 € Industry median: 37 693 €202402550751001252019 Company: 38 574 € Industry median: 38 887 €2020 Company: 80 845 € Industry median: 35 421 €20202021 Company: 109 010 € Industry median: 38 300 €2022 Company: 66 444 € Industry median: 39 550 €20222023 Company: 3 750 € Industry median: 37 270 €2024 Company: 1 000 € Industry median: 37 693 €2024
  • 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, € 2024: -70 € · +99.4% vs 2023 · industry median 108 € · above 33% of the industry
-20 000-10 000010 00020 00030 0002019 Company: 4 501 € Industry median: 643 €20192020 Company: 7 120 € Industry median: 281 €20202021 Company: 3 632 € Industry median: 315 €20212022 Company: 25 548 € Industry median: 398 €20222023 Company: -11 065 € Industry median: 253 €20232024 Company: -70 € Industry median: 108 €2024-20 000-10 000010 00020 00030 0002019 Company: 4 501 € Industry median: 643 €2020 Company: 7 120 € Industry median: 281 €20202021 Company: 3 632 € Industry median: 315 €2022 Company: 25 548 € Industry median: 398 €20222023 Company: -11 065 € Industry median: 253 €2024 Company: -70 € Industry median: 108 €2024
  • 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, % 2024: -7.0 % · +288.1 pp vs the year before · industry median 2.8 % · above 22% of the industry
-300-200-10001002019 Company: 11.7 % Industry median: 4.5 %20192020 Company: 8.8 % Industry median: 4.0 %20202021 Company: 3.3 % Industry median: 3.8 %20212022 Company: 38.5 % Industry median: 3.9 %20222023 Company: -295.1 % Industry median: 3.9 %20232024 Company: -7.0 % Industry median: 2.8 %2024-300-200-10001002019 Company: 11.7 % Industry median: 4.5 %2020 Company: 8.8 % Industry median: 4.0 %20202021 Company: 3.3 % Industry median: 3.8 %2022 Company: 38.5 % Industry median: 3.9 %20222023 Company: -295.1 % Industry median: 3.9 %2024 Company: -7.0 % Industry median: 2.8 %2024
  • 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, € 2024: 32 168 € · −2.0% vs 2023
010 00020 00030 00040 00050 0002019 Company: 12 076 €20192020 Company: 17 310 €20202021 Company: 24 095 €20212022 Company: 44 933 €20222023 Company: 32 820 €20232024 Company: 32 168 €2024010 00020 00030 00040 00050 0002019 Company: 12 076 €2020 Company: 17 310 €20202021 Company: 24 095 €2022 Company: 44 933 €20222023 Company: 32 820 €2024 Company: 32 168 €2024
Equity, € 2024: 32 166 € · −0.2% vs 2023
010 00020 00030 00040 00050 0002019 Company: 7 001 €20192020 Company: 14 121 €20202021 Company: 17 753 €20212022 Company: 43 301 €20222023 Company: 32 236 €20232024 Company: 32 166 €2024010 00020 00030 00040 00050 0002019 Company: 7 001 €2020 Company: 14 121 €20202021 Company: 17 753 €2022 Company: 43 301 €20222023 Company: 32 236 €2024 Company: 32 166 €2024
Employees 2024: 0 · −100.0% vs 2023 · industry median 2 · above 2% of the industry
012342019 Company: 3 Industry median: 220192020 Company: 3 Industry median: 220202021 Company: 4 Industry median: 220212022 Company: 4 Industry median: 220222023 Company: 1 Industry median: 220232024 Company: 0 Industry median: 22024012342019 Company: 3 Industry median: 22020 Company: 3 Industry median: 220202021 Company: 4 Industry median: 22022 Company: 4 Industry median: 220222023 Company: 1 Industry median: 22024 Company: 0 Industry median: 22024
  • 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
2024 1 000 -70 0 32 168 32 166 0
2023 3 750 -11 065 12 119 32 820 32 236 1
2022 66 444 25 548 25 350 44 933 43 301 4
2021 109 010 3 632 33 309 24 095 17 753 4
2020 80 845 7 120 34 810 17 310 14 121 3
2019 38 574 4 501 11 852 12 076 7 001 3

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
-7.0 %
Net profit / revenue
Return on equity (ROE)
-0.2 %
Net profit / equity
Return on assets (ROA)
-0.2 %
Net profit / assets
Equity ratio
100.0 %
Equity / assets
Debt ratio
0.0 %
Liabilities / assets
Current ratio
15 800.00
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 3 Sep 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 23 Oct 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 12 Jan 2024 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jan 2023 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 1 Jul 2021 Company’s own e-Äriregister
2019 27 Feb 2019 – 31 Dec 2019 31 Oct 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

Beneficial owners

  • Vadim Korotkov
    Member of a senior management body (management or supervisory board) · since 6 Jun 2021

Founders and other persons

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50113919 / M3
21 Aug 2024
Fine for not filing the report 22 Sep 2024 In force
25 Sep 2024
PDF
Ä 50113919 / M2
15 Jul 2024
Warning of a fine: annual report not filed 14 Aug 2024 In force
15 Jul 2024
PDF
Ä 50113919 / M1
13 Dec 2023
Warning of a fine: annual report not filed 12 Jan 2024 Deficiencies eliminated
13 Jan 2024
PDF
Ä 50113919 / 6
9 Nov 2023
Amendment entry In force
9 Nov 2023
PDF
Ä 50113919 / 5
3 Sep 2023
Amendment entry In force
3 Sep 2023
PDF
Ä 50113919 / 4
24 Mar 2021
Amendment entry In force
24 Mar 2021
PDF
Ä 50113919 / 3
7 Oct 2019
Amendment entry In force
7 Oct 2019
PDF
Ä 50113919 / 2
12 Jun 2019
Amendment under Commercial Code § 525 (2) In force
12 Jun 2019
PDF
Ä 50113919
27 Feb 2019
First entry In force
27 Feb 2019
PDF

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