Kovast OÜ is a OÜ based in Tallinn, registry code 16211673, status: active. Main activity: Other earth and soil works. Its annual report for 2025 shows revenue of €27 006 and 1 employees.
Turnover
—
State taxes
1 044 €
↑ 6.6%vs Q2 2026
Labour taxes
1 166 €
↑ 6.4%vs Q2 2026
Employees
1
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Labour taxes per employee1 166 €
above 44% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 202527 006 €
above 42% of companies
industry median 37 320 € · companies in the industry: 10 312
Net profit margin · 202523.2 %
above 81% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Labour taxes per employee, € Q3 2026: 1 166 € · +6.4% vs Q2 2026 · industry median 1 236 € · above 44% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 1 · +0.0% vs Q2 2026State taxes, € Q3 2026: 1 044 € · +6.6% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
—
1 044
1 166
1
Q2 2026
—
979
1 096
1
Q1 2026
—
917
1 029
1
Q4 2025
—
902
1 010
1
Q3 2025
—
902
1 010
1
Q2 2025
—
903
1 011
1
Q1 2025
—
1 090
1 214
1
Q4 2024
—
2 230
2 435
1
Q3 2024
—
2 756
2 998
1
Q2 2024
—
745
840
1
Q1 2024
—
703
793
1
Q4 2023
—
647
734
1
Q3 2023
—
651
734
1
Q2 2023
—
647
734
1
Q1 2023
—
614
694
1
Q4 2022
—
616
693
1
Q3 2022
—
616
693
1
Q2 2022
—
843
947
1
Q1 2022
—
404
443
1
Labour taxes per employee per month
389 €
Q3 2026 · calculated from EMTA data
Financials by year
2021 – 2025
Revenue, € 2025: 27 006 € · +8.8% vs 2024 · industry median 37 320 € · above 42% of the industry
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, € 2025: 6 263 € · +1 418.5% vs 2024 · industry median 561 € · above 70% of the industry
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: 23.2 % · +25.1 pp vs the year before · industry median 3.9 % · above 81% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 8 312 € · +168.6% vs 2024Equity, € 2025: 6 808 € · +444.6% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
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
27 006
6 263
13 166
8 312
6 808
1
2024
24 832
-475
20 150
3 094
1 250
1
2023
12 237
-3 707
10 524
3 008
1 725
1
2022
15 750
1 194
9 409
6 514
5 432
1
2021
7 644
4 238
3 126
7 742
6 738
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
23.2 %
Net profit / revenue
Return on equity (ROE)
92.0 %
Net profit / equity
Return on assets (ROA)
75.3 %
Net profit / assets
Equity ratio
81.9 %
Equity / assets
Debt ratio
18.1 %
Liabilities / assets
Current ratio
5.53
Current assets / current liabilities
Revenue per employee
27 006 €
Revenue / average full-time employees
Labour cost per employee per month
1 097 €
Labour costs / employees / 12 months (incl. employer taxes)
