Kivero OÜ

Active Registry code 14895383 OÜ Siimusti alevik Registered 23 Jan 2020
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Kivero OÜ is a OÜ based in Siimusti alevik, registry code 14895383, status: active. Main activity: Construction of roads and motorways. According to EMTA, turnover for Q3 2026 was €54 441 with 1 employees.

Turnover
54 441 €
↑ 122.2% vs Q2 2026
State taxes
10 596 €
↑ 332.1% vs Q2 2026
Labour taxes
2 193 €
↑ 73.2% vs Q2 2026
Employees
1
−1 vs Q2 2026

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

Position in the industry Civil engineering · EMTAK 42

  • Turnover · Q3 2026 54 441 €
    industry median 52 240 € · companies in the industry: 1 125
  • Labour taxes per employee 2 193 €
    industry median 1 750 € · companies in the industry: 933
  • Revenue · 2025 193 228 €
    industry median 88 960 € · companies in the industry: 1 426
  • Net profit margin · 2025 23.7 %
    industry median 5.0 % · companies in the industry: 1 185

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 54 441 € · +122.2% vs Q2 2026 · industry median 52 240 € · above 51% of the industry
020 00040 00060 00080 000100 000Q4 2023 Company: 34 368 € Industry median: 57 537 €Q4·23Q1 2024 Company: 12 984 € Industry median: 30 131 €Q2 2024 Company: 38 930 € Industry median: 43 636 €Q2·24Q3 2024 Company: 27 659 € Industry median: 55 552 €Q4 2024 Company: 45 243 € Industry median: 59 411 €Q4·24Q1 2025 Company: 10 201 € Industry median: 34 084 €Q2 2025 Company: 30 848 € Industry median: 44 234 €Q2·25Q3 2025 Company: 56 745 € Industry median: 54 940 €Q4 2025 Company: 86 369 € Industry median: 60 220 €Q4·25Q1 2026 Company: 15 102 € Industry median: 36 839 €Q2 2026 Company: 24 504 € Industry median: 44 874 €Q2·26Q3 2026 Company: 54 441 € Industry median: 52 240 €Q3·26020 00040 00060 00080 000100 000Q4 2024 Company: 45 243 € Industry median: 59 411 €Q1 2025 Company: 10 201 € Industry median: 34 084 €Q1·25Q2 2025 Company: 30 848 € Industry median: 44 234 €Q3 2025 Company: 56 745 € Industry median: 54 940 €Q3·25Q4 2025 Company: 86 369 € Industry median: 60 220 €Q1 2026 Company: 15 102 € Industry median: 36 839 €Q1·26Q2 2026 Company: 24 504 € Industry median: 44 874 €Q3 2026 Company: 54 441 € Industry median: 52 240 €Q3·26
  • Company
  • Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 193 € · +246.4% vs Q2 2026 · industry median 1 750 € · above 60% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 360 € Industry median: 1 696 €Q4·23Q1 2024 Company: 280 € Industry median: 1 534 €Q2 2024 Company: 302 € Industry median: 1 448 €Q2·24Q3 2024 Company: 1 002 € Industry median: 1 657 €Q4 2024 Company: 1 670 € Industry median: 1 890 €Q4·24Q1 2025 Company: 1 990 € Industry median: 1 717 €Q2 2025 Company: 751 € Industry median: 1 538 €Q2·25Q3 2025 Company: 1 126 € Industry median: 1 845 €Q4 2025 Company: 2 007 € Industry median: 2 070 €Q4·25Q1 2026 Company: 1 757 € Industry median: 1 721 €Q2 2026 Company: 633 € Industry median: 1 482 €Q2·26Q3 2026 Company: 2 193 € Industry median: 1 750 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 670 € Industry median: 1 890 €Q1 2025 Company: 1 990 € Industry median: 1 717 €Q1·25Q2 2025 Company: 751 € Industry median: 1 538 €Q3 2025 Company: 1 126 € Industry median: 1 845 €Q3·25Q4 2025 Company: 2 007 € Industry median: 2 070 €Q1 2026 Company: 1 757 € Industry median: 1 721 €Q1·26Q2 2026 Company: 633 € Industry median: 1 482 €Q3 2026 Company: 2 193 € Industry median: 1 750 €Q3·26
  • Company
  • Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · −50.0% vs Q2 2026
0.00.51.01.52.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 2Q2·26Q3 2026 Company: 1Q3·260.00.51.01.52.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 2Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 10 596 € · +332.1% vs Q2 2026
05 00010 00015 000Q4 2023 Company: 4 731 €Q4·23Q1 2024 Company: 845 €Q2 2024 Company: 4 400 €Q2·24Q3 2024 Company: 5 025 €Q4 2024 Company: 6 279 €Q4·24Q1 2025 Company: 1 802 €Q2 2025 Company: 3 931 €Q2·25Q3 2025 Company: 8 677 €Q4 2025 Company: 13 498 €Q4·25Q1 2026 Company: 3 914 €Q2 2026 Company: 2 452 €Q2·26Q3 2026 Company: 10 596 €Q3·2605 00010 00015 000Q4 2024 Company: 6 279 €Q1 2025 Company: 1 802 €Q1·25Q2 2025 Company: 3 931 €Q3 2025 Company: 8 677 €Q3·25Q4 2025 Company: 13 498 €Q1 2026 Company: 3 914 €Q1·26Q2 2026 Company: 2 452 €Q3 2026 Company: 10 596 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 54 441 10 596 2 193 1
Q2 2026 24 504 2 452 1 266 2
Q1 2026 15 102 3 914 1 757 1
Q4 2025 86 369 13 498 2 007 1
Q3 2025 56 745 8 677 2 252 2
Q2 2025 30 848 3 931 1 502 2
Q1 2025 10 201 1 802 1 990 1
Q4 2024 45 243 6 279 1 670 1
Q3 2024 27 659 5 025 2 004 2
Q2 2024 38 930 4 400 603 2
Q1 2024 12 984 845 280 1
Q4 2023 34 368 4 731 1 360 1
Q3 2023 16 784 2 511 840 2
Q2 2023 9 889 — 560 1
Q1 2023 4 790 556 626 1
Q4 2022 29 301 3 282 812 1
Q3 2022 27 155 4 072 977 1
Q2 2022 1 872 970 1 072 1
Q1 2022 — 1 068 1 176 1
Labour taxes per employee per month
731 €
Turnover per employee in the quarter
54 441 €

Q3 2026 · calculated from EMTA data

Financials by year

2020 – 2025
Revenue, € thousand 2025: 193 228 € · +158.8% vs 2024 · industry median 88 960 € · above 63% of the industry
0501001502002020 Company: — Industry median: 79 900 €20202021 Company: 50 671 € Industry median: 85 202 €20212022 Company: 48 157 € Industry median: 83 429 €20222023 Company: 61 117 € Industry median: 84 652 €20232024 Company: 74 672 € Industry median: 74 590 €20242025 Company: 193 228 € Industry median: 88 960 €20250501001502002020 Company: — Industry median: 79 900 €2021 Company: 50 671 € Industry median: 85 202 €20212022 Company: 48 157 € Industry median: 83 429 €2023 Company: 61 117 € Industry median: 84 652 €20232024 Company: 74 672 € Industry median: 74 590 €2025 Company: 193 228 € Industry median: 88 960 €2025
  • Company
  • Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 45 760 € · +473.1% vs 2024 · industry median 2 500 € · above 80% of the industry
010 00020 00030 00040 00050 0002020 Company: — Industry median: 1 997 €20202021 Company: 23 355 € Industry median: 2 977 €20212022 Company: 221 € Industry median: 2 069 €20222023 Company: 2 269 € Industry median: 2 486 €20232024 Company: 7 985 € Industry median: 1 984 €20242025 Company: 45 760 € Industry median: 2 500 €2025010 00020 00030 00040 00050 0002020 Company: — Industry median: 1 997 €2021 Company: 23 355 € Industry median: 2 977 €20212022 Company: 221 € Industry median: 2 069 €2023 Company: 2 269 € Industry median: 2 486 €20232024 Company: 7 985 € Industry median: 1 984 €2025 Company: 45 760 € Industry median: 2 500 €2025
  • Company
  • Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 23.7 % · +13.0 pp vs the year before · industry median 5.0 % · above 82% of the industry
010203040502020 Company: — Industry median: 5.2 %20202021 Company: 46.1 % Industry median: 6.0 %20212022 Company: 0.5 % Industry median: 4.7 %20222023 Company: 3.7 % Industry median: 5.1 %20232024 Company: 10.7 % Industry median: 4.7 %20242025 Company: 23.7 % Industry median: 5.0 %2025010203040502020 Company: — Industry median: 5.2 %2021 Company: 46.1 % Industry median: 6.0 %20212022 Company: 0.5 % Industry median: 4.7 %2023 Company: 3.7 % Industry median: 5.1 %20232024 Company: 10.7 % Industry median: 4.7 %2025 Company: 23.7 % Industry median: 5.0 %2025
  • Company
  • Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 132 280 € · +54.8% vs 2024
0501001502020 Company: —20202021 Company: 32 196 €20212022 Company: 29 098 €20222023 Company: 46 397 €20232024 Company: 85 462 €20242025 Company: 132 280 €20250501001502020 Company: —2021 Company: 32 196 €20212022 Company: 29 098 €2023 Company: 46 397 €20232024 Company: 85 462 €2025 Company: 132 280 €2025
Equity, € 2025: 96 362 € · +95.6% vs 2024
020 00040 00060 00080 000100 0002020 Company: —20202021 Company: 25 855 €20212022 Company: 23 576 €20222023 Company: 41 273 €20232024 Company: 49 258 €20242025 Company: 96 362 €2025020 00040 00060 00080 000100 0002020 Company: —2021 Company: 25 855 €20212022 Company: 23 576 €2023 Company: 41 273 €20232024 Company: 49 258 €2025 Company: 96 362 €2025
Employees 2025: 2 · +100.0% vs 2024 · industry median 2 · above 40% of the industry
01232020 Company: 1 Industry median: 320202021 Company: 1 Industry median: 320212022 Company: 2 Industry median: 320222023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 220242025 Company: 2 Industry median: 2202501232020 Company: 1 Industry median: 32021 Company: 1 Industry median: 320212022 Company: 2 Industry median: 32023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 22025 Company: 2 Industry median: 22025
  • Company
  • Industry median

Industry: Civil engineering (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 193 228 45 760 23 648 132 280 96 362 2
2024 74 672 7 985 12 893 85 462 49 258 1
2023 61 117 2 269 12 005 46 397 41 273 1
2022 48 157 221 15 628 29 098 23 576 2
2021 50 671 23 355 8 184 32 196 25 855 1
2020 — — — — — 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
23.7 %
Net profit / revenue
Return on equity (ROE)
47.5 %
Net profit / equity
Return on assets (ROA)
34.6 %
Net profit / assets
Equity ratio
72.8 %
Equity / assets
Debt ratio
27.2 %
Liabilities / assets
Current ratio
2.22
Current assets / current liabilities
Revenue per employee
96 614 €
Revenue / average full-time employees
Labour cost per employee per month
985 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 6 Jan 2025 – 31 Dec 2025 11 Mar 2026 Company’s own e-Äriregister
2024 6 Jan 2024 – 5 Jan 2025 28 Mar 2025 Company’s own e-Äriregister
2023 6 Jan 2023 – 5 Jan 2024 25 Mar 2024 Company’s own e-Äriregister
2022 6 Jan 2022 – 5 Jan 2023 2 Mar 2023 Company’s own e-Äriregister
2021 6 Jan 2021 – 5 Jan 2022 1 Mar 2023 Company’s own e-Äriregister
2020 23 Jan 2020 – 5 Jan 2021 25 Mar 2021 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

  • Eero Spelman
    Member of a senior management body (management or supervisory board) · since 23 Jan 2020

Founders and other persons

Activities (EMTAK)

  • 42111Construction of roads and motorways Main
Rulings
Number, date Title Deadline State Document
Ä 50136677 / 3
15 Apr 2025
Amendment entry In force
15 Apr 2025
PDF
Ä 50136677 / M5
7 Apr 2025
Ruling to eliminate deficiencies 22 Apr 2025 Deficiencies eliminated
15 Apr 2025
PDF
Ä 50136677 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50136677 / M4
1 Mar 2023
Ruling to eliminate deficiencies in the annual report 31 Mar 2023 Deficiencies eliminated
2 Mar 2023
PDF
Ä 50136677 / M3
4 Mar 2022
Ruling to eliminate deficiencies in the annual report 3 Apr 2022 In force
4 Mar 2022
PDF
Ä 50136677 / M2
22 Mar 2021
Ruling to eliminate deficiencies in the annual report 21 Apr 2021 Deficiencies eliminated
25 Mar 2021
PDF
Ä 50136677
23 Jan 2020
First entry In force
23 Jan 2020
PDF
Ä 50136677 / M1
7 Jan 2020
Ruling to eliminate deficiencies 6 Feb 2020 Deficiencies eliminated
23 Jan 2020
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data