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KIVIÕLI KEEMIATÖÖSTUSE OSAÜHING

Registry code (registrikood) 12453072Private limited company (Osaühing)VAT EE101639231Activity (EMTAK 19201): Puhastatud naftatoodete ja fossiilkütusetoodete tootmineActive

Lüganuse vald, Ida-Viru County · Financial data: annual reports up to 2025; tax data up to 2026 Q2

Revenue (2025)
€40.3M
▼ 18.4% vs 2024
Profit before tax (2025)
-€11.8M
Employees, FTE (2025)
528
State taxes paid, last 4 quarters
€4.0M

Revenue, profit and employees, 2019–2025

€30.5M2019€29.3M2020€31.3M2021€48.5M2022€52.3M2023€49.4M2024€40.3M2025
YearRevenue (müügitulu)Operating profit (ärikasum)Net profitEquity (omakapital)Employees, FTE
2019€30,472,722€3,697,713€3,072,687€5,164,620585
2020€29,250,377€1,447,135€1,181,236€6,345,856534
2021€31,296,005€63,726-€350,785€5,995,071525
2022€48,522,161€5,899,225€5,608,341€24,133,412514
2023€52,338,348€5,737,810€3,862,056€3,961,400544
2024€49,378,768€4,506,048€2,800,441€6,761,841533
2025€40,286,606-€10,773,565-€11,750,328-€4,988,487528

Balance sheet summary

YearCashTotal assetsCurrent liabilitiesNon-current liabilitiesEquity
2019€330,101€26,501,890€13,235,392€8,101,878€5,164,620
2020€6,289€24,482,437€12,761,998€5,374,583€6,345,856
2021€3,782€28,900,167€14,168,009€8,737,087€5,995,071
2022€134,498€31,568,034€5,118,757€2,315,865€24,133,412
2023€516,344€59,689,259€35,116,595€20,611,264€3,961,400
2024€27,194€55,587,085€42,195,766€6,629,478€6,761,841
2025€53,574€51,527,581€48,917,301€7,598,767-€4,988,487

Calculated ratios

Net profit margin = net profit ÷ revenue. Equity ratio = equity ÷ total assets. Seedata sources & methodology for how each figure is derived.

Quarterly tax and turnover data (EMTA)

QuarterState taxes paidWage taxesTurnoverEmployees
2022 Q1€1,093,201€1,138,883517
2022 Q2€938,291€982,242521
2022 Q3€1,018,453€1,069,049537
2022 Q4€1,041,000€1,091,474543
2023 Q1€1,199,869€1,255,314545
2023 Q2€454,506€812,460€8,008,008553
2023 Q3€1,420,692€905,761€20,878,997552
2023 Q4€1,457,584€1,729,908€15,809,251553
2024 Q1€755,042€1,340,101€11,176,993542
2024 Q2€1,159,191€1,784,607€13,210,200538
2024 Q3€469,426€1,368,233€13,208,456536
2024 Q4€1,040,020€1,316,375€12,026,390537
2025 Q1€1,254,971€1,493,555€12,540,842537
2025 Q2€1,119,364€1,439,068€10,480,253534
2025 Q3€1,984,473€1,520,254€14,750,195533
2025 Q4€132,117€1,430,717€10,280,412509
2026 Q1€957,671€1,363,458€8,527,494497
2026 Q2€962,564€1,346,477€13,389,360492

Source: EMTA quarterly published data, as of 10 July 2026. Covers state taxes and wage taxes actually paid and turnover and employee counts as declared by the company, not the annual report figures above.

About this data

In the 2025 financial year (period 1 January 2025–31 December 2025), KIVIÕLI KEEMIATÖÖSTUSE OSAÜHING reported revenue of €40,286,606.

The company recorded a net loss of €11,750,328 in the 2025 financial year.

Revenue decreased by 18.4% from €49,378,768 in 2024 to €40,286,606 in 2025.

Revenue grew at a compound annual rate of 4.8% between 2019 and 2025.

Equity accounted for -9.7% of total assets of €51,527,581 at the end of the 2025 reporting period.

With 528 full-time-equivalent employees in 2025, revenue per employee was €76,300.

Across the 4 most recent quarters declared to EMTA, up to Q2 2026, KIVIÕLI KEEMIATÖÖSTUSE OSAÜHING reported €46,947,461 in turnover.

EMTA recorded 492 employees for the quarter ending Q2 2026, compared with 528 full-time-equivalent employees in the 2025 annual report.

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Source

Source: Estonian e-Business Register open data (Centre of Registers and Information Systems, RIK), licence CC BY-SA 4.0, modified; Estonian Tax and Customs Board (EMTA) quarterly data. Downloaded 2026-09-22. This is not an official register extract — see ariregister.rik.ee.

Company data on this site is available under CC BY-SA 4.0.

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