Kõrve Keskus OÜ is a OÜ based in Tartu linn, registry code 14719344, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €9 360 with employees.
Turnover
9 360 €
↓ 15.4%vs Q2 2026
State taxes
831 €
↓ 84.3%vs Q2 2026
Labour taxes
0 €
Employees
—
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Construction of residential and non-residential buildings · EMTAK 41
Turnover · Q3 20269 360 €
above 26% of companies
industry median 25 252 € · companies in the industry: 4 696
Revenue · 2025245 832 €
above 81% of companies
industry median 38 239 € · companies in the industry: 6 999
Net profit margin · 20250.9 %
above 38% of companies
industry median 3.5 % · companies in the industry: 5 561
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 9 360 € · −15.4% vs Q2 2026 · industry median 25 252 € · above 26% of the industry
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: 200 € · industry median 1 208 € · above 2% of the industry
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.
EmployeesQ3 2025: 1 · −85.7% vs Q2 2025State taxes, € thousand Q3 2026: 831 € · −84.3% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
9 360
831
—
—
Q2 2026
11 064
5 283
—
—
Q1 2026
299 671
34 729
71
—
Q4 2025
1 518
71 683
33 172
—
Q3 2025
4 975
4 592
200
1
Q2 2025
47 412
71 163
—
7
Q1 2025
56 312
9 546
5 446
6
Q4 2024
348 585
20 148
15 226
8
Q3 2024
166 260
—
15 220
8
Q2 2024
1 018 817
107 713
14 385
9
Q1 2024
1 941
—
10 235
6
Q4 2023
51 454
—
3 269
4
Q3 2023
5 189
—
1 991
1
Q2 2023
2 500
—
2 347
1
Q1 2023
12 805
—
1 258
1
Q4 2022
12 787
—
—
—
Q3 2022
119 386
67 705
—
—
Q2 2022
45 000
11 835
—
—
Q1 2022
321 497
4 124
—
—
Financials by year
2019 – 2025
Revenue, € thousand 2025: 245 832 € · −83.6% vs 2024 · industry median 38 239 € · above 81% of the industry
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, € thousand 2025: 2 177 € · −99.2% vs 2024 · industry median 411 € · above 60% of the industry
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: 0.9 % · −17.1 pp vs the year before · industry median 3.5 % · above 38% of the industry
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, € thousand 2025: 2 289 576 € · −4.5% vs 2024Equity, € thousand 2025: 1 582 409 € · +0.1% vs 2024Employees2025: 3 · −50.0% vs 2024 · industry median 2 · above 65% of the industry
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
245 832
2 177
81 946
2 289 576
1 582 409
3
2024
1 497 618
269 290
169 886
2 398 225
1 580 232
6
2023
405 565
80 052
40 319
2 317 118
1 310 942
2
2022
1 801 850
1 288 795
0
1 861 185
1 230 892
0
2021
121 698
64 751
0
1 128 840
71 361
0
2020
28 248
3 778
0
430 520
6 611
0
2019
17 936
333
0
254 828
2 833
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
0.9 %
Net profit / revenue
Return on equity (ROE)
0.1 %
Net profit / equity
Return on assets (ROA)
0.1 %
Net profit / assets
Equity ratio
69.1 %
Equity / assets
Debt ratio
30.9 %
Liabilities / assets
Current ratio
0.63
Current assets / current liabilities
Revenue per employee
81 944 €
Revenue / average full-time employees
Labour cost per employee per month
2 276 €
Labour costs / employees / 12 months (incl. employer taxes)
