OÜ Kitman Coldtech
OÜ Kitman Coldtech is a OÜ based in Tallinn, registry code 16394521, status: active. Main activity: Installation of industrial machinery and equipment. According to EMTA, turnover for Q3 2026 was €1 586 569 with 15 employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 1.6 mn €above 98% of companiesindustry median 21 365 € · companies in the industry: 1 050
- Labour taxes per employee 5 950 €above 98% of companiesindustry median 1 557 € · companies in the industry: 808
- Revenue · 2025 4.8 mn €above 98% of companiesindustry median 43 814 € · companies in the industry: 1 448
- Net profit margin · 2025 9.7 %above 61% of companiesindustry median 5.5 % · companies in the industry: 1 226
Taxes and turnover
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (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 | 1 586 569 | 148 244 | 89 244 | 15 |
| Q2 2026 | 1 343 691 | 268 904 | 95 291 | 15 |
| Q1 2026 | 2 024 224 | 243 141 | 89 564 | 14 |
| Q4 2025 | 2 337 487 | 184 926 | 77 730 | 12 |
| Q3 2025 | 1 248 636 | 112 984 | 75 013 | 13 |
| Q2 2025 | 731 684 | 232 873 | 87 409 | 12 |
| Q1 2025 | 902 023 | 146 036 | 71 829 | 14 |
| Q4 2024 | 2 333 399 | 273 546 | 73 185 | 14 |
| Q3 2024 | 2 263 174 | 275 251 | 75 528 | 14 |
| Q2 2024 | 2 345 769 | 592 189 | 99 199 | 13 |
| Q1 2024 | 1 153 405 | 183 572 | 83 171 | 14 |
| Q4 2023 | 1 722 017 | 277 712 | 68 859 | 13 |
| Q3 2023 | 4 275 474 | 477 198 | 76 696 | 12 |
| Q2 2023 | 3 614 712 | 640 319 | 81 097 | 14 |
| Q1 2023 | 2 618 903 | 370 616 | 75 223 | 13 |
| Q4 2022 | 2 584 600 | 293 880 | 55 632 | 13 |
| Q3 2022 | 1 219 466 | 186 300 | 63 193 | 9 |
| Q2 2022 | 1 304 934 | 145 923 | 62 538 | 11 |
| Q1 2022 | 222 820 | 35 629 | 24 052 | 13 |
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (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 | 4 811 916 | 467 746 | 766 542 | 1 981 349 | 1 225 067 | 12 |
| 2024 | 6 225 422 | 529 209 | 757 916 | 1 557 366 | 1 257 321 | 14 |
| 2023 | 8 563 846 | 1 422 206 | 801 765 | 2 059 976 | 1 728 112 | 14 |
| 2022 | 5 005 621 | 1 178 691 | 626 662 | 1 744 657 | 1 305 906 | 11 |
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
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 30 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 20 Dec 2021 – 31 Dec 2022 | 30 Jun 2023 | Company’s own · audited | e-Äriregister |
Board
- Jann MutsoBoard member · since 18 May 2022
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Kitman Thulema ASLegal person · 12715827 · 2 500 €
Beneficial owners
- Kaia SalumetsMember of a senior management body (management or supervisory board) · since 26 Jan 2023
- Enn KunilaMember of a senior management body (management or supervisory board) · since 13 Jul 2022
- Herki HälvinIndirect ownership · since 13 Jul 2022
- Jüri KäoMember of a senior management body (management or supervisory board) · since 13 Jul 2022
Founders and other persons
- Kitman Thulema ASFounder · 2 500 € · 15 Dec 2021
- Audiitorteenuse OÜAudit firm · 7 Nov 2023
- Herki HälvinChairman of the supervisory board · 1 May 2024
- Enn KunilaSupervisory board member · 1 May 2024
- Jüri KäoSupervisory board member · 1 May 2024
- Kaia SalumetsSupervisory board member · 1 May 2024
Related companies
Activities (EMTAK)
- 33201Installation of industrial machinery and equipment Main
- 33121Repair and maintenance of machinery
- 68201Rental and operating of own or leased real estate
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50191475 / 5 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 50191475 / 4 18 May 2022 |
Amendment entry | In force 18 May 2022 |
||
| Ä 50191475 / 3 15 Feb 2022 |
Amendment entry | In force 15 Feb 2022 |
||
| Ä 50191475 / 2 2 Feb 2022 |
Amendment entry | In force 2 Feb 2022 |
||
| Ä 50191475 / M1 28 Jan 2022 |
Ruling to eliminate deficiencies | 7 Feb 2022 | Deficiencies eliminated 2 Feb 2022 |
|
| Ä 50191475 20 Dec 2021 |
First entry | In force 20 Dec 2021 |
Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data