KMG OÜ
Active Registry code 16196755
OÜ Tallinn Registered 31 Mar 2021
KMG OÜ is a OÜ based in Tallinn, registry code 16196755, status: active. Main activity: Construction of roads and motorways. According to EMTA, turnover for Q3 2026 was €16 223 228 with 66 employees.
Turnover
16 223 228 €
↑ 151.4% vs Q2 2026
State taxes
971 166 €
↑ 168.4% vs Q2 2026
Labour taxes
394 968 €
↑ 50.9% vs Q2 2026
Employees
66
+5 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 16.2 mn €above 98% of companiesindustry median 52 240 € · companies in the industry: 1 125
- Labour taxes per employee 5 984 €above 98% of companiesindustry median 1 750 € · companies in the industry: 933
- Revenue · 2025 21 mn €above 98% of companiesindustry median 88 960 € · companies in the industry: 1 426
- Net profit margin · 2025 12.0 %above 68% of companiesindustry median 5.0 % · companies in the industry: 1 185
Taxes and turnover
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 16 223 228 | 971 166 | 394 968 | 66 |
| Q2 2026 | 6 452 033 | 361 827 | 261 689 | 61 |
| Q1 2026 | 3 256 266 | 807 638 | 253 816 | 56 |
| Q4 2025 | 7 850 856 | 1 080 684 | 372 212 | 51 |
| Q3 2025 | 10 142 469 | 462 365 | 378 091 | 56 |
| Q2 2025 | 2 747 745 | 236 852 | 233 151 | 54 |
| Q1 2025 | 1 410 428 | 423 770 | 212 113 | 48 |
| Q4 2024 | 10 042 507 | 953 572 | 301 231 | 49 |
| Q3 2024 | 17 857 472 | 1 272 862 | 309 135 | 51 |
| Q2 2024 | 6 982 786 | 585 931 | 247 158 | 56 |
| Q1 2024 | 3 804 890 | 1 076 387 | 591 479 | 54 |
| Q4 2023 | 17 176 918 | 1 887 160 | 806 346 | 92 |
| Q3 2023 | 14 569 129 | 1 244 440 | 796 005 | 141 |
| Q2 2023 | 7 080 262 | 308 106 | 415 058 | 139 |
| Q1 2023 | 2 585 177 | 775 616 | 545 535 | 116 |
| Q4 2022 | 19 298 176 | 2 351 034 | 813 679 | 119 |
| Q3 2022 | 22 941 528 | 1 789 742 | 753 525 | 153 |
| Q2 2022 | 8 137 717 | 471 435 | 489 834 | 158 |
| Q1 2022 | 2 364 820 | 850 332 | 615 153 | 149 |
Labour taxes per employee per month
1 995 €
Turnover per employee in the quarter
245 806 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 20 950 183 | 2 523 311 | — | 13 285 708 | 9 198 962 | 54 |
| 2024 | 28 873 769 | 3 206 867 | — | 14 914 443 | 6 675 651 | 60 |
| 2023 | 39 865 177 | -1 906 027 | — | 14 065 179 | 3 877 455 | 141 |
| 2022 | 52 635 751 | — | — | 14 657 109 | — | 160 |
| 2021 | 38 301 999 | 256 327 | 5 514 405 | 12 019 679 | 7 509 651 | 160 |
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
12.0 %
Net profit / revenue
Return on equity (ROE)
27.4 %
Net profit / equity
Return on assets (ROA)
19.0 %
Net profit / assets
Equity ratio
69.2 %
Equity / assets
Debt ratio
30.8 %
Liabilities / assets
Current ratio
1.79
Current assets / current liabilities
Revenue per employee
387 966 €
Revenue / average full-time employees
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 1 Jul 2026 | Consolidated · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 25 Apr 2025 | Consolidated · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 30 Jun 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 31 Mar 2021 – 31 Dec 2021 | 29 Nov 2022 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 4 | 6 620 000 € | Luminor Bank AS | 15 Sep 2022 – in force |
| 3 | 380 000 € | Luminor Bank AS | 15 Sep 2022 – in force |
| 2 | 500 000 € | Luminor Bank AS | 15 Sep 2022 – in force |
| 1 | 7 500 000 € | Luminor Bank AS | 4 Aug 2021 – in force |
Board
- Indrek PappelBoard member · since 28 Jun 2021
- Targo TootsBoard member · since 30 Sep 2021
- Richard ViiesBoard member · since 21 Nov 2025
- Nasdaq CSD SEKeeper of the share register · since 16 Jun 2021
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Omanikukonto: MAREK JASSIKNatural person · 3 300 €
- Omanikukonto: INDREK PAPPELNatural person · 3 300 €
- Omanikukonto: FRIP OÜLegal person · 14070725 · 1 700 €
- Omanikukonto: VMBH OÜLegal person · 14070719 · 1 700 €
Beneficial owners
- INDREK PAPPELDirect ownership · since 12 Oct 2022
- MAREK JASSIKDirect ownership · since 12 Oct 2022
- Jaan LutsIndirect ownership · since 4 Oct 2022
- Vallot MangusIndirect ownership · since 4 Oct 2022
Founders and other persons
- AS YIT EestiFounder · 10 000 € · 30 Mar 2021
- Jaan LutsChairman of the supervisory board · 15 Nov 2022
- Vallot MangusSupervisory board member · 9 Nov 2022
- Marek JassikSupervisory board member · 23 Apr 2025
Related companies
Activities (EMTAK)
- 42111Construction of roads and motorways Main
- 08121Operation of gravel and sand pits and mining of clay and kaolin
- 23991Manufacture of other non-metallic mineral products n.e.c.
- 47799Retail sale of other second-hand goods
- 77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50170436 / 17 21 Nov 2025 |
Amendment entry | In force 21 Nov 2025 |
||
| Ä 50170436 / 16 25 Apr 2025 |
Amendment entry | In force 25 Apr 2025 |
||
| Ä 50170436 / 15 9 Aug 2024 |
Division entry (second, constitutive) | In force 9 Aug 2024 |
||
| Ä 50170436 / 14 15 Feb 2023 |
Amendment entry | In force 15 Feb 2023 |
||
| Ä 50170436 / 13 23 Dec 2022 |
Division entry (second, constitutive) | In force 23 Dec 2022 |
||
| Ä 50170436 / M4 19 Dec 2022 |
Ruling to eliminate deficiencies | 18 Jan 2023 | Deficiencies eliminated 23 Dec 2022 |
|
| Ä 50170436 / M3 25 Nov 2022 |
Procedural ruling | 10 Dec 2022 | Deficiencies eliminated 29 Nov 2022 |
|
| Ä 50170436 / 12 11 Nov 2022 |
Amendment entry | In force 11 Nov 2022 |
||
| Ä 50170436 / 11 7 Oct 2022 |
Amendment entry | In force 7 Oct 2022 |
||
| K 50170436 / 10 15 Sep 2022 |
Commercial pledge entered | In force 15 Sep 2022 |
||
| Ä 50170436 / 9 31 Aug 2022 |
Second (constitutive) merger entry | In force 31 Aug 2022 |
||
| Ä 50170436 / M2 9 Aug 2022 |
Ruling to eliminate deficiencies | 8 Sep 2022 | In force 9 Aug 2022 |
|
| Ä 50170436 / 8 4 Feb 2022 |
Amendment under Commercial Code § 525 (2) | In force 4 Feb 2022 |
||
| Ä 50170436 / 7 30 Sep 2021 |
Amendment entry | In force 30 Sep 2021 |
||
| K 50170436 / M1 4 Aug 2021 |
Ruling to eliminate deficiencies | 18 Aug 2021 | Deficiencies eliminated 4 Aug 2021 |
|
| K 50170436 / 6 4 Aug 2021 |
Commercial pledge entered | In force 4 Aug 2021 |
||
| Ä 50170436 / 5 28 Jun 2021 |
Amendment entry | In force 28 Jun 2021 |
||
| Ä 50170436 / 4 16 Jun 2021 |
Amendment entry | In force 16 Jun 2021 |
||
| Ä 50170436 / 3 6 Apr 2021 |
Amendment under Commercial Code § 525 (2) | In force 6 Apr 2021 |
||
| Ä 50170436 / 2 1 Apr 2021 |
Third (informative) division entry | In force 1 Apr 2021 |
||
| Ä 50170436 31 Mar 2021 |
First (declaratory) division entry (card of the new company) | In force 31 Mar 2021 |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data