Aktsiaselts Kurmet

Legal formLegal form:: Public limited company
Registry codeRegistry code:: 10101860
VAT no.VAT no.:: EE100094754
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 19.11.1996 (29 y)
CapitalCapital:: 500 000 EEK
AddressAddress:: Sitska tee 14, Pirita linnaosa, Tallinn, Harju maakond, 11912
StatusStatus:: Registered
E-invoice receptionE-invoice reception:: Arvekeskus

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Contacts

PhonePhone:: +372 6617052
EmailEmail:: info@kurmet.ee

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Industries

MANUFACTURING
Manufacture of paper and paper products
Manufacture of paper and paperboard products
17211 – Manufacture of corrugated paper and paperboard and of paper and paperboard containers

VAT liability

VAT no.	Start	End
EE100094754	01.01.1994	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	06.07.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	05.07.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	01.07.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	28.07.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	01.10.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	30.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	29.10.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	26.08.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	06.09.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	29.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	30.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	30.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	30.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	26.04.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	27.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	29.06.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	30.06.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	13.08.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	13.08.2009	Valid	PDF
2006	01.01.2006 – 31.12.2006	30.06.2008	Valid	PDF
2005	01.01.2005 – 31.12.2005	02.10.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	22.09.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	03.08.2004	Valid	PDF
2002	01.01.2002 – 31.12.2002	01.07.2003	Valid	PDF
2001	01.01.2001 – 31.12.2001	28.06.2002	Valid	PDF
2000	01.01.2000 – 31.12.2000	30.08.2001	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 04.10.2026.

Delayed declarations

Income- and social-tax return	10.03.2026	15.03.2026	5 d overdue
VAT return	20.11.2025	24.11.2025	4 d overdue

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Tax debt Reports Declarations Court decisions1 Official announcements–TTJA decisions–Real estate1 .ee domains1 Licenses–Regulations14 Public transactions4 Grants–State aid1 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	54 240 €	13 490 €	333 167 €+33,2%	7
2026 Q1	45 226 €	14 513 €	250 158 €−13,6%	6
Total 2026:	99 466 €	28 003 €	583 325 €
2025 Q4	55 724 €	18 172 €	289 682 €−6,7%	6
2025 Q3	53 703 €	16 703 €	310 483 €−14,8%	8
2025 Q2	55 258 €	16 336 €	364 419 €+10,1%	8
2025 Q1	49 037 €	16 006 €	331 110 €+3,7%	8
Total 2025:	213 722 €	67 217 €	1,30 M €
2024 Q4	52 806 €	14 772 €	319 151 €+9,8%	8
2024 Q3	47 011 €	15 566 €	290 675 €−7,1%	8
2024 Q2	40 356 €	14 505 €	312 968 €+28,4%	8
2024 Q1	56 318 €	20 980 €	243 786 €−16,8%	8
Total 2024:	196 491 €	65 823 €	1,17 M €
2023 Q4	49 569 €	17 439 €	293 093 €+2,4%	9
2023 Q3	50 230 €	18 566 €	286 192 €−14,8%	9
2023 Q2	49 824 €	19 147 €	335 779 €−0,8%	9
2023 Q1	48 165 €	17 892 €	338 525 €−2,5%	10
Total 2023:	197 788 €	73 044 €	1,25 M €
2022 Q4	54 596 €	18 193 €	347 308 €+38,3%	11
2022 Q3	40 177 €	17 641 €	251 105 €−22,9%	11
2022 Q2	44 608 €	25 048 €	325 482 €+74,6%	11
2022 Q1	28 730 €	20 089 €	186 448 €−22,4%	11
Total 2022:	168 111 €	80 971 €	1,11 M €
2021 Q4	38 465,13 €	21 350,44 €	240 291,78 €+12,3%	13
2021 Q3	32 552,70 €	21 940,05 €	213 879,85 €+8,6%	13
2021 Q2	26 393,78 €	18 068,36 €	196 900,40 €+2,5%	13
2021 Q1	30 470,97 €	20 029,80 €	192 136,25 €−14,5%	13
Total 2021:	127 882,58 €	81 388,65 €	843 208,28 €
2020 Q4	33 675,31 €	18 581,12 €	224 809,95 €+22,5%	13
2020 Q3	25 084,61 €	17 416,82 €	183 555,85 €+16,4%	13
2020 Q2	28 105,53 €	17 067,49 €	157 704,57 €−23,3%	13
2020 Q1	32 563 €	20 827 €	205 629 €−9,5%	13
Total 2020:	119 428,45 €	73 892,43 €	771 699,37 €
2019 Q4	35 027 €	23 193 €	227 253 €+20,3%	13
2019 Q3	26 914 €	20 218 €	188 896 €−14,0%	15
2019 Q2	35 008 €	21 325 €	219 774 €−6,2%	13
2019 Q1	35 837 €	21 845 €	234 263 €+2,3%	14
Total 2019:	132 786 €	86 581 €	870 186 €
2018 Q4	35 360 €	17 933 €	228 978 €+20,9%	15
2018 Q3	29 863 €	19 720 €	189 359 €−23,6%	15
2018 Q2	36 029 €	18 505 €	247 889 €+13,5%	15
2018 Q1	33 368 €	20 490 €	218 495 €+5,9%	16
Total 2018:	134 620 €	76 648 €	884 721 €
2017 Q4	38 812 €	21 485 €	206 263 €+4,1%	16
2017 Q3	23 622 €	20 944 €	198 045 €−12,3%	15
2017 Q2	38 068 €	23 046 €	225 846 €+20,7%	15
2017 Q1	27 372 €	20 407 €	187 139 €−3,0%	14
Total 2017:	127 874 €	85 882 €	817 293 €
2016 Q4	36 179 €	20 125 €	192 954 €−7,5%	13
2016 Q3	29 807 €	21 750 €	208 543 €−0,4%	13
2016 Q2	33 964 €	21 847 €	209 473 €+2,9%	13
2016 Q1	29 716 €	21 227 €	203 525 €+4,7%	13
Total 2016:	129 666 €	84 949 €	814 495 €
2015 Q4	31 457 €	20 085 €	194 392 €−1,0%	14
2015 Q3	33 159 €	20 292 €	196 402 €+1,6%	14
2015 Q2	25 432 €	19 971 €	193 293 €+10,7%	14
2015 Q1	28 381 €	18 046 €	174 659 €	14
Total 2015:	118 429 €	78 394 €	758 746 €

Revenue by industry

	2023	2024	2025
Manufacture of corrugated paper and paperboard and of paper and paperboard containers	803 369 €	741 974 €	813 271 €

Tax debts

No tax debt found

No tax debt as of 04.10.2026

Representatives

	Personal ID code
Tõnu Kurnim	35506XXXXXX	22.06.1955 (71)	Board member	19.11.1996	-

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Shareholders

	Personal ID code
Tõnu Kurnim	35506XXXXXX	22.06.1955 (71)	Shareholder	500 000 EEK	100,00%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Ellen Asumets	45012XXXXXX	24.12.1950 (75)	Audit firm	27.06.2016	-
Assertum Audit OÜ	10990446	21.11.2003 (22)	Audit firm	27.06.2016	-
Eevi Makkar	43909XXXXXX	17.09.1939 (87)	Supervisory-board member	10.06.2016	-
Egon Kurnim	37908XXXXXX	15.08.1979 (47)	Supervisory-board member	01.12.2013	-
Merike Kurnim	45808XXXXXX	04.08.1958 (68)	Supervisory-board member	04.08.2010	-

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Ultimate beneficial owners

	Personal ID code
Tõnu Kurnim	35506XXXXXX	22.06.1955 (71)	Direct holding	06.09.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 333 167 €
Monthly average: 111 056 €
Per employee: 15 865 €
Equity ratio: 22,21%

Labour taxes

Turnover ratio: 4,05%
Tax ratio: 24,87%
Monthly average: 4 497 €
Per employee: 692 €

State taxes

Monthly average: 18 080 €
Turnover ratio: 16,28%

Estimated salary

Gross salary: 1 372 €
Net salary: 1 185 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	133 083 €−20,3%	167 036 €−8,2%	181 880 €+17,4%	154 935 €−4,2%	161 741 €+22,4%	132 107 €−8,1%	143 804 €
Non-current assets	223 648 €−3,8%	232 550 €+18,5%	196 276 €+11,4%	176 202 €+6,4%	165 648 €+13,6%	145 766 €+0,4%	145 250 €
Total assets	356 731 €−10,7%	399 586 €+5,7%	378 156 €+14,2%	331 137 €+1,1%	327 389 €+17,8%	277 873 €−3,9%	289 054 €
Short-term liabilities	67 927 €−38,5%	110 532 €−13,6%	127 902 €−20,5%	160 880 €−4,6%	168 557 €+10,8%	152 111 €−11,5%	171 891 €
Long-term liabilities	133 780 €−4,9%	140 610 €+23,4%	113 980 €+180%	40 650 €−26,3%	55 159 €+57,0%	35 134 €+9,3%	32 139 €
Total liabilities	201 707 €−19,7%	251 142 €+3,8%	241 882 €+20,0%	201 530 €−9,9%	223 716 €+19,5%	187 245 €−8,2%	204 030 €
Share or stock capital	31 956 €	31 956 €	31 956 €	31 956 €	31 956 €	31 956 €	31 956 €
Retained earnings	113 070 €+11,8%	101 121 €+7,1%	94 455 €+51,1%	62 521 €+19,1%	52 476 €+19,6%	43 873 €+8,4%	40 472 €
Net profit	6 802 €−44,1%	12 171 €+82,6%	6 667 €−79,1%	31 934 €+99,0%	16 045 €+38,3%	11 603 €+23,4%	9 400 €
Equity	155 024 €+4,4%	148 444 €+8,9%	136 274 €+5,1%	129 607 €+25,0%	103 673 €+14,4%	90 628 €+6,6%	85 024 €
Turnover	813 271 €+9,6%	741 974 €−7,6%	803 369 €−7,9%	872 620 €−1,5%	885 978 €+15,8%	764 779 €−12,2%	870 624 €
Profit margin	0,8%	1,6%	0,8%	3,7%	1,8%	1,5%	1,1%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	1,0	1,0
Quick ratio	0,7	0,9
Cash ratio	0,2	0,4
Efficiency
Days sales outstanding (dso)	35,2	34,3
Asset turnover	2,7	2,9
Structure
Debt ratio	0,6	0,7
Profitability
Operating margin	4,1%	2,0%
Net profit margin	3,7%	1,8%
Return on assets (roa)	9,7%	5,3%
Return on equity (roe)	24,6%	15,5%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10006721 / 11	16.01.2018	Entry – Amendment entry	-	Entered into force16.01.2018
Ä 10006721 / 10	07.11.2017	Entry – Amendment entry	-	Entered into force07.11.2017
Ä 10006721 / 9	28.09.2017	Entry – Amendment entry	-	Entered into force28.09.2017
Ä 10006721 / 8	29.09.2016	Entry – Amendment entry	-	Entered into force29.09.2016
Ä 10006721 / M7	30.12.2013	Order to remedy deficiencies for correcting extra-entry data	29.01.2014	Deficiencies remedied03.01.2014

Real estate

		Purpose
Kaluri tn 2a, Põhja-Tallinna linnaosa, Tallinn, Harju maakond	1994 m²	Industrial land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-15-1927/7	Kohtu I astme menetlus	Court ruling	Law of obligations	Tambet Grauberg	ECLI:EE:PMK:2015:2.15.1927.5330	19.02.2015	Open

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


21.11.2025	Haridus- ja Noorteamet	159,93 €Received	OPERATING EXPENSESOther education, incl. education administration
21.11.2025	Haridus- ja Noorteamet	205,68 €Received	OPERATING EXPENSESBasic and general secondary education
10.01.2024	Haridus- ja Noorteamet	514,80 €Received	OPERATING EXPENSESBasic and general secondary education
29.12.2021	Haridus- ja Noorteamet	695,16 €Received	OPERATING EXPENSESBasic and general secondary education

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


23.03.2017	Eesti TöötukassaAid measure 15461	Palgatoetus VTA › Palgatoetus VTAGrant	1 455,62 €	15461/1703494

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


kurmet.ee	Active	04.07.2010	02.10.2027

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.