Korsar Management OÜ

Active Registry code 16620058 OÜ Rakvere linn Registered 24 Nov 2022
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Korsar Management OÜ is a OÜ based in Rakvere linn, registry code 16620058, status: active. Main activity: Construction of residential and non-residential buildings. Its annual report for 2025 shows revenue of €39 956 and 1 employees.

Turnover
—
State taxes
1 416 €
↑ 21.3% vs Q2 2026
Labour taxes
1 499 €
↑ 21.0% vs Q2 2026
Employees
1
±0 vs Q2 2026

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Labour taxes per employee 1 499 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 39 956 €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 61.6 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q1 2025: 9 667 € · −34.8% vs Q4 2024 · industry median 19 568 € · above 33% of the industry
010 00020 00030 000Q4 2023 Company: 20 289 € Industry median: 26 427 €Q4·23Q1 2024 Company: 15 040 € Industry median: 19 618 €Q2 2024 Company: 19 837 € Industry median: 21 373 €Q2·24Q3 2024 Company: 18 785 € Industry median: 26 160 €Q4 2024 Company: 14 832 € Industry median: 25 496 €Q4·24Q1 2025 Company: 9 667 € Industry median: 19 568 €Q2 2025 Company: — Industry median: 22 577 €Q2·25Q3 2025 Company: — Industry median: 25 533 €Q4 2025 Company: — Industry median: 25 721 €Q4·25Q1 2026 Company: — Industry median: 20 483 €Q2 2026 Company: — Industry median: 22 672 €Q2·26Q3 2026 Company: — Industry median: 25 252 €Q3·26010 00020 00030 000Q4 2024 Company: 14 832 € Industry median: 25 496 €Q1 2025 Company: 9 667 € Industry median: 19 568 €Q1·25Q2 2025 Company: — Industry median: 22 577 €Q3 2025 Company: — Industry median: 25 533 €Q3·25Q4 2025 Company: — Industry median: 25 721 €Q1 2026 Company: — Industry median: 20 483 €Q1·26Q2 2026 Company: — Industry median: 22 672 €Q3 2026 Company: — Industry median: 25 252 €Q3·26
  • 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 2026: 1 499 € · +21.0% vs Q2 2026 · industry median 1 211 € · above 63% of the industry
05001 0001 500Q4 2023 Company: 0 € Industry median: 1 145 €Q4·23Q1 2024 Company: 0 € Industry median: 1 097 €Q2 2024 Company: 0 € Industry median: 1 083 €Q2·24Q3 2024 Company: 0 € Industry median: 1 142 €Q4 2024 Company: 0 € Industry median: 1 179 €Q4·24Q1 2025 Company: 0 € Industry median: 1 188 €Q2 2025 Company: — Industry median: 1 149 €Q2·25Q3 2025 Company: 1 118 € Industry median: 1 208 €Q4 2025 Company: 1 351 € Industry median: 1 254 €Q4·25Q1 2026 Company: 1 080 € Industry median: 1 183 €Q2 2026 Company: 1 239 € Industry median: 1 166 €Q2·26Q3 2026 Company: 1 499 € Industry median: 1 211 €Q3·2605001 0001 500Q4 2024 Company: 0 € Industry median: 1 179 €Q1 2025 Company: 0 € Industry median: 1 188 €Q1·25Q2 2025 Company: — Industry median: 1 149 €Q3 2025 Company: 1 118 € Industry median: 1 208 €Q3·25Q4 2025 Company: 1 351 € Industry median: 1 254 €Q1 2026 Company: 1 080 € Industry median: 1 183 €Q1·26Q2 2026 Company: 1 239 € Industry median: 1 166 €Q3 2026 Company: 1 499 € Industry median: 1 211 €Q3·26
  • 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.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 1 416 € · +21.3% vs Q2 2026
05001 0001 5002 0002 500Q4 2023 Company: 1 870 €Q4·23Q1 2024 Company: 710 €Q2 2024 Company: 2 291 €Q2·24Q3 2024 Company: 1 938 €Q4 2024 Company: 1 218 €Q4·24Q1 2025 Company: 960 €Q2 2025 Company: —Q2·25Q3 2025 Company: 1 059 €Q4 2025 Company: 1 276 €Q4·25Q1 2026 Company: 1 015 €Q2 2026 Company: 1 167 €Q2·26Q3 2026 Company: 1 416 €Q3·2605001 0001 500Q4 2024 Company: 1 218 €Q1 2025 Company: 960 €Q1·25Q2 2025 Company: —Q3 2025 Company: 1 059 €Q3·25Q4 2025 Company: 1 276 €Q1 2026 Company: 1 015 €Q1·26Q2 2026 Company: 1 167 €Q3 2026 Company: 1 416 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 1 416 1 499 1
Q2 2026 — 1 167 1 239 1
Q1 2026 — 1 015 1 080 1
Q4 2025 — 1 276 1 351 1
Q3 2025 — 1 059 1 118 1
Q2 2025 — — — 1
Q1 2025 9 667 960 — 1
Q4 2024 14 832 1 218 — 1
Q3 2024 18 785 1 938 — 1
Q2 2024 19 837 2 291 — 1
Q1 2024 15 040 710 — 1
Q4 2023 20 289 1 870 — 1
Q3 2023 15 871 1 597 — 1
Q2 2023 16 362 1 693 — 1
Q1 2023 5 060 412 — 1
Q4 2022 — — — 1
Q3 2022 — — — 1
Labour taxes per employee per month
500 €

Q3 2026 · calculated from EMTA data

Financials by year

2023 – 2025
Revenue, € 2025: 39 956 € · +3.5% vs 2024 · industry median 38 239 € · above 51% of the industry
010 00020 00030 00040 0002023 Company: 38 988 € Industry median: 37 270 €20232024 Company: 38 611 € Industry median: 37 693 €20242025 Company: 39 956 € Industry median: 38 239 €2025010 00020 00030 00040 0002023 Company: 38 988 € Industry median: 37 270 €20232024 Company: 38 611 € Industry median: 37 693 €2025 Company: 39 956 € Industry median: 38 239 €2025
  • 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, € 2025: 24 612 € · +608.2% vs 2024 · industry median 411 € · above 86% of the industry
-10 000010 00020 00030 0002023 Company: 1 860 € Industry median: 253 €20232024 Company: -4 843 € Industry median: 108 €20242025 Company: 24 612 € Industry median: 411 €2025-10 000010 00020 00030 0002023 Company: 1 860 € Industry median: 253 €20232024 Company: -4 843 € Industry median: 108 €2025 Company: 24 612 € Industry median: 411 €2025
  • 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: 61.6 % · +74.1 pp vs the year before · industry median 3.5 % · above 94% of the industry
-200204060802023 Company: 4.8 % Industry median: 3.9 %20232024 Company: -12.5 % Industry median: 2.8 %20242025 Company: 61.6 % Industry median: 3.5 %2025-200204060802023 Company: 4.8 % Industry median: 3.9 %20232024 Company: -12.5 % Industry median: 2.8 %2025 Company: 61.6 % Industry median: 3.5 %2025
  • 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, € 2025: 23 329 € · +277.1% vs 2024
05 00010 00015 00020 00025 0002023 Company: 6 860 €20232024 Company: 6 186 €20242025 Company: 23 329 €202505 00010 00015 00020 00025 0002023 Company: 6 860 €20232024 Company: 6 186 €2025 Company: 23 329 €2025
Equity, € 2025: 21 628 € · +824.8% vs 2024
-5 00005 00010 00015 00020 00025 0002023 Company: 1 860 €20232024 Company: -2 984 €20242025 Company: 21 628 €2025-5 00005 00010 00015 00020 00025 0002023 Company: 1 860 €20232024 Company: -2 984 €2025 Company: 21 628 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
0.00.51.01.52.02023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 220242025 Company: 1 Industry median: 220250.00.51.01.52.02023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 22025 Company: 1 Industry median: 22025
  • 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 39 956 24 612 9 720 23 329 21 628 1
2024 38 611 -4 843 0 6 186 -2 984 1
2023 38 988 1 860 571 6 860 1 860 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
61.6 %
Net profit / revenue
Return on equity (ROE)
113.8 %
Net profit / equity
Return on assets (ROA)
105.5 %
Net profit / assets
Equity ratio
92.7 %
Equity / assets
Debt ratio
7.3 %
Liabilities / assets
Current ratio
12.71
Current assets / current liabilities
Revenue per employee
39 956 €
Revenue / average full-time employees
Labour cost per employee per month
810 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 7 May 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 27 May 2025 Company’s own e-Äriregister
2023 24 Nov 2022 – 31 Dec 2023 22 Mar 2024 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

  • Taavi Korsar
    Member of a senior management body (management or supervisory board) · POL · since 24 Nov 2022

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50214637 / 5
18 Nov 2024
Amendment entry In force
18 Nov 2024
PDF
Ä 50214637 / 4
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50214637 / 3
3 May 2023
Amendment entry In force
3 May 2023
PDF
Ä 50214637 / 2
9 Jan 2023
Amendment entry In force
9 Jan 2023
PDF
Ä 50214637 / M2
5 Jan 2023
Ruling to eliminate deficiencies 25 Jan 2023 Deficiencies eliminated
9 Jan 2023
PDF
Ä 50214637
24 Nov 2022
First entry In force
24 Nov 2022
PDF
Ä 50214637 / M1
8 Nov 2022
Ruling to eliminate deficiencies 8 Dec 2022 Deficiencies eliminated
24 Nov 2022
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data