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aktsiaselts Tartu Veevärk

Legal form:

Public limited company

Registry code:

10151668

VAT no.:

EE100017676

Fiscal-year period:

01.01 - 31.12

Established:

18.04.1997 (29)

Capital:

6 419 180,80 EUR

Address:

Tähe tn 118, Tartu linn, Tartu linn, Tartu maakond, 51017

Status:

Registered

Contacts

Email:

tartuvesi@tartuvesi.ee

Phone:

+372 7306200

Industries

WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES
36001 - Water collection, treatment and supply
Sewerage
37001 - Sewerage and wastewater treatment
CONSTRUCTION
Construction of civil engineering projects
Construction of utility network projects
4221 - Construction of water, gas and sewerage projects
REAL ESTATE ACTIVITIES
Real estate activities
68201 - Renting and operating of own or leased real estate
ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES
Office administration and other business support services
Business support service activities n.e.c.
82991 - Other business support service activities n.e.c.

VAT liability

	Start	End
EE100017676	01.01.1994

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	14.05.2026	Valid
2024	01.01.2024 - 31.12.2024	14.05.2025	Valid
2023	01.01.2023 - 31.12.2023	03.05.2024	Valid
2022	01.01.2022 - 31.12.2022	02.05.2023	Valid
2021	01.01.2021 - 31.12.2021	02.05.2023	Valid
2021	01.01.2021 - 31.12.2021	02.05.2023	Expired
2020	01.01.2020 - 31.12.2020	14.05.2021	Valid
2019	01.01.2019 - 31.12.2019	13.05.2020	Valid
2018	01.01.2018 - 31.12.2018	13.05.2019	Valid
2017	01.01.2017 - 31.12.2017	20.04.2018	Valid
2016	01.01.2016 - 31.12.2016	03.07.2017	Valid
2015	01.01.2015 - 31.12.2015	12.04.2016	Valid
2014	01.01.2014 - 31.12.2014	17.04.2015	Valid
2013	01.01.2013 - 31.12.2013	23.04.2014	Valid
2012	01.01.2012 - 31.12.2012	17.05.2013	Valid
2011	01.01.2011 - 31.12.2011	31.05.2012	Valid
2010	01.01.2010 - 31.12.2010	06.06.2011	Valid
2009	01.01.2009 - 31.12.2009	17.05.2010	Valid
2008	01.01.2008 - 31.12.2008	16.04.2009	Valid
2007	01.01.2007 - 31.12.2007	21.05.2008	Valid
2006	01.01.2006 - 31.12.2006	17.04.2007	Valid
2005	01.01.2005 - 31.12.2005	26.04.2006	Valid
2004	01.01.2004 - 31.12.2004	13.05.2005	Valid
2003	01.01.2003 - 31.12.2003	06.05.2004	Valid
2002	01.01.2002 - 31.12.2002	28.04.2003	Valid
2001	01.01.2001 - 31.12.2001	17.04.2002	Valid
2000	01.01.2000 - 31.12.2000	11.05.2001	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 07.06.2026.

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	864 401 €	343 327 €	4 362 337 €8.1%	87
Kokku 2026:	864 401 €	343 327 €	4 362 337 €
2025 Q4	490 139 €	316 231 €	4 746 677 €5.9%	90
2025 Q3	470 648 €	337 123 €	4 481 987 €0.9%	87
2025 Q2	687 698 €	333 605 €	4 524 322 €0.1%	91
2025 Q1	849 469 €	345 977 €	4 527 639 €18.3%	92
Kokku 2025:	2 497 954 €	1 332 936 €	18 280 625 €14.5%
2024 Q4	408 578 €	292 456 €	3 825 970 €5.0%	88
2024 Q3	427 013 €	302 997 €	3 643 696 €23.4%	89
2024 Q2	924 798 €	275 111 €	4 755 268 €27.0%	91
2024 Q1	491 124 €	294 517 €	3 745 735 €0.7%	85
Kokku 2024:	2 251 513 €	1 165 081 €	15 970 669 €2.5%
2023 Q4	297 633 €	276 173 €	3 719 477 €22.8%	88
2023 Q3	667 511 €	290 037 €	4 818 138 €20.9%	86
2023 Q2	708 594 €	258 531 €	3 986 070 €3.3%	90
2023 Q1	592 882 €	293 595 €	3 860 425 €4.6%	87
Kokku 2023:	2 266 620 €	1 118 335 €	16 384 110 €16.1%
2022 Q4	275 535 €	261 130 €	3 691 352 €0.6%	88
2022 Q3	389 996 €	256 564 €	3 669 754 €4.8%	88
2022 Q2	527 034 €	207 402 €	3 500 633 €7.6%	96
2022 Q1	354 994 €	248 001 €	3 252 524 €13.8%	85
Kokku 2022:	1 547 559 €	973 097 €	14 114 263 €8.6%
2021 Q4	316 125 €	204 452 €	3 774 111 €10.4%	84
2021 Q3	52 040 €	212 530 €	3 418 801 €10.7%	86
2021 Q2	161 183 €	202 612 €	3 827 270 €13.3%	87
2021 Q1	461 510 €	236 892 €	4 415 409 €37.8%	93
Kokku 2021:	990 858 €	856 486 €	15 435 591 €11.2%
2020 Q4	352 657 €	195 372 €	3 204 033 €5.2%	94
2020 Q3	284 958 €	209 373 €	3 044 396 €23.8%	93
2020 Q2	726 293 €	196 259 €	3 997 205 €10.1%	94
2020 Q1	444 851 €	229 072 €	3 631 738 €9.5%	92
Kokku 2020:	1 808 758 €	830 077 €	13 877 372 €5.9%
2019 Q4	293 027 €	187 738 €	3 315 174 €1.2%	93
2019 Q3	305 812 €	189 196 €	3 275 365 €4.1%	99
2019 Q2	524 315 €	181 526 €	3 145 480 €6.7%	94
2019 Q1	420 393 €	233 990 €	3 371 157 €17.3%	93
Kokku 2019:	1 543 547 €	792 450 €	13 107 176 €5.6%
2018 Q4	297 398 €	178 956 €	2 874 239 €15.2%	97
2018 Q3	365 421 €	175 740 €	3 390 570 €3.4%	98
2018 Q2	607 948 €	170 546 €	3 277 982 €14.1%	95
2018 Q1	381 560 €	201 855 €	2 873 632 €10.5%	97
Kokku 2018:	1 652 327 €	727 097 €	12 416 423 €8.0%
2017 Q4	375 835 €	174 930 €	3 211 722 €20.8%	96
2017 Q3	226 690 €	169 270 €	2 657 834 €7.7%	98
2017 Q2	429 332 €	158 645 €	2 878 187 €4.6%	99
2017 Q1	263 145 €	180 627 €	2 752 693 €322.2%	96
Kokku 2017:	1 295 002 €	683 472 €	11 500 436 €333.0%
2016 Q4	313 278 €	164 205 €	652 053 €0.3%	88
2016 Q3	196 660 €	163 788 €	650 399 €2.6%	88
2016 Q2	440 521 €	168 116 €	667 585 €2.7%	88
2016 Q1	395 458 €	172 712 €	685 835 €44.9%	88
Kokku 2016:	1 345 917 €	668 821 €	2 655 872 €48.9%
2015 Q4	45 077 €	157 488 €	1 243 990 €5.3%	88
2015 Q3	294 152 €	166 334 €	1 313 864 €5.4%	88
2015 Q2	377 776 €	157 836 €	1 246 738 €10.4%	88
2015 Q1	217 773 €	176 226 €	1 391 998 €	88
Kokku 2015:	934 778 €	657 884 €	5 196 590 €

Revenue by industry

	2022	2023	2024
Sewerage and wastewater treatment	7 511 347 €	8 158 708 €	8 127 524 €
Water collection, treatment and supply	3 417 848 €	4 265 459 €	4 349 625 €
Other business support service activities n.e.c.	1 280 927 €	1 548 224 €	1 647 602 €
Construction of water, gas and sewerage projects	209 370 €	456 882 €	475 755 €
Renting and operating of own or leased real estate	264 814 €	248 962 €	276 670 €

Tax debts

No tax debt found

No tax debt as of 07.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Toomas Kapp	36803XXXXXX	25.03.1968 (58)	Board member	22.04.2024	-

1 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Tartu Linnavalitsus	-	01.08.2000 (25)	Shareholder	6 419 180,80 EUR	100	Sole ownership	05.12.2025	-

10 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Valvo Semilarski	36604XXXXXX	16.04.1966 (60)	Supervisory-board member	24.03.2026	-
Lauri Kõrgvee	37704XXXXXX	17.04.1977 (49)	Supervisory-board member	03.03.2026	-
Sandra Laur	60401XXXXXX	26.01.2004 (22)	Supervisory-board member	03.03.2026	-
Veljo Ipits	35811XXXXXX	07.11.1958 (67)	Supervisory-board member	20.01.2026	-
Siim Külasepp	38611XXXXXX	16.11.1986 (39)	Audit firm	14.01.2026	-

53 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 9 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Toomas Kapp	36803XXXXXX	25.03.1968 (58)	Member of higher governing body (board or supervisory board)	12.01.2026	-
Veljo Ipits	35811XXXXXX	07.11.1958 (67)	Member of higher governing body (board or supervisory board)	12.01.2026	-
Urmas Klaas	37103XXXXXX	17.03.1971 (55)	Right to appoint or remove most executive or governing-body members	31.03.2023	-

22 inactive record hidden, extended access to the information portal is required to view history!

1 - 3 / 3 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2 inactive record hidden, extended access to the information portal is required to view history!

2026 Q1

Turnover

Amount

4 362 337 €

Monthly average

1 454 112 €

Per employee

16 714 €

Equity ratio

22,65%

Labour taxes

Turnover ratio

7,87%

Tax ratio

39,72%

Monthly average

114 442 €

Per employee

1 293 €

State taxes

Monthly average

288 134 €

Turnover ratio

19,82%

Estimated salary

Gross salary

2 419 €

Net salary

1 944 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	4 607 033 €6.8%	4 943 274 €34.0%	3 689 987 €11.7%	4 180 437 €1.9%	4 261 479 €4.8%	4 065 864 €
Non-current assets	104 556 344 €2.3%	102 253 312 €1.7%	100 564 320 €1.4%	99 160 624 €7.9%	91 869 888 €3.7%	88 590 848 €
Total assets	109 163 376 €1.8%	107 196 584 €2.8%	104 254 312 €0.9%	103 341 056 €7.5%	96 131 360 €3.8%	92 656 720 €
Short-term liabilities	4 444 793 €7.7%	4 816 462 €4.8%	4 595 755 €3.0%	4 738 054 €7.2%	4 421 436 €11.8%	3 954 617 €
Long-term liabilities	35 373 448 €0.2%	35 448 984 €0.6%	35 654 232 €1.0%	35 301 176 €16.0%	30 430 984 €1.5%	29 990 902 €
Total liabilities	39 818 241 €1.1%	40 265 446 €0.0%	40 249 987 €0.5%	40 039 230 €14.9%	34 852 420 €2.7%	33 945 519 €
Share or stock capital	6 419 181 €	6 419 181 €	6 419 181 €	6 419 181 €	6 419 181 €	6 419 181 €
Retained earnings	60 211 955 €4.6%	57 585 139 €1.2%	56 882 648 €4.6%	54 359 764 €5.0%	51 792 017 €4.4%	49 627 012 €
Net profit	2 714 000 €7.3%	2 926 816 €316.6%	702 491 €72.2%	2 522 887 €17.8%	3 067 746 €15.1%	2 665 003 €
Equity	69 345 136 €3.6%	66 931 136 €4.6%	64 004 320 €1.1%	63 301 832 €3.3%	61 278 944 €4.4%	58 711 196 €
Turnover	14 877 176 €1.4%	14 678 235 €15.7%	12 684 306 €4.8%	12 108 386 €2.9%	11 768 531 €2.2%	11 516 573 €
Profit margin	18.24%8.5%	19.94%260.0%	5.54%73.4%	20.84%20.1%	26.07%12.6%	23.14%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	-	-	-	-	-
Liquidity
Current ratio	Z.A	H.K	Y.X	0.9	1.0
Quick ratio	J.S	K.H	O.S	0.8	1.0
Cash ratio	U.G	R.X	N.Y	0.5	0.6
Efficiency
Days sales outstanding (dso)	TN.L	ZH.T	SV.M	43.1	42.9
Asset turnover	Q.W	N.N	E.B	0.1	0.1
Structure
Debt ratio	J.W	U.Y	M.J	0.4	0.4
Profitability
Operating margin	NQ.M%	TD.T%	R.Y%	21.7%	27.0%
Net profit margin	MR.T%	IP.Z%	P.W%	20.8%	26.1%
Return on assets (roa)	Y.Q%	W.F%	I.V%	2.5%	3.2%
Return on equity (roe)	M.K%	F.X%	W.W%	4.0%	5.0%

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Licences & notices

Type	Number	Field	Status	Start	End
License	SLM20/1189	Frequency licences > Joint frequency licence	Valid	19.03.2020	18.03.2023
Notice of economic activity	TEL001120	- > Electrical works	Valid	16.12.2008	-
Notice of economic activity	EG10151668-0001	- > Construction studies / surveys	Valid	16.01.2003	-
Notice of economic activity	EH10151668-0001	- > Construction	Valid	16.01.2003	-
Notice of economic activity	EK10151668-0001	- > Building audit	Valid	16.01.2003	-

1 - 5 / 8 rows

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 20005573 / 13	14.01.2026	Entry - Amendment entry under NSPA § 595¹ (1)		Entered into force (14.01.2026)
Ä 20005573 / 12	22.04.2024	Entry - Amendment entry		Entered into force (22.04.2024)
Ä 20005573 / M13	14.04.2021	Directive order	24.04.2021	Deficiencies remedied (07.04.2021)
Ä 20005573 / M12	19.04.2018	Order to remedy deficiencies for correcting extra-entry data	04.05.2018	Deficiencies remedied (23.04.2018)
Ä 20005573 / 11	13.02.2018	Entry - Amendment entry		Entered into force (13.02.2018)

1 - 5 / 20 rows

Real estate

Address	Area	Purpose
Aardla tn 111a, Tartu linn, Tartu linn, Tartu maakond	2279 m²	Industrial land 100%
Aardla tn 54, Tartu linn, Tartu linn, Tartu maakond	2977 m²	Industrial land 100%
Aardla tn 91a, Tartu linn, Tartu linn, Tartu maakond	3343 m²	Industrial land 100%
Aia tn 20, Tõrvandi alevik, Kambja vald, Tartu maakond	534 m²	Industrial land 100%
Aiakaare tee 25, Rõhu küla, Tartu linn, Tartu maakond	1038 m²	Industrial land 100%

1 - 5 / 59 rows

Consumer Disputes Committee decisions

Document no.	Composition	Decision	Date
17-010045-025	-	In favour of the consumer	09.02.2018

1 - 1 / 1 rows

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date
2-25-3510/20	Civil case	Court ruling (Ruling on refusal to take the matter into proceedings)	Law of obligations	Külli Puusep	ECLI:EE:TMK:2025:2.25.3510.6918	07.05.2025
2-21-16469/23	Civil case	Court judgment	Law of obligations	Üllar Roostoja, Triin Uusen-Nacke, Kersti Kerstna-Vaks	ECLI:EE:TRRK:2023:2.21.16469.3005	10.02.2023
2-18-1021/19	Civil case	Court judgment	Law of obligations	Hele Kaldma	ECLI:EE:TMK:2018:2.18.1021.15901	18.05.2018
2-12-44256/64	Civil case	Court judgment	Other	Üllar Roostoja	ECLI:EE:TRRK:2014:2.12.44256.3683	03.02.2014
2-12-53312/37	Civil case	Court ruling	Other	Triin Uusen-Nacke	ECLI:EE:TMK:2013:2.12.53312.17941	26.06.2013

1 - 5 / 7 rows

Official announcements

Subject	Date
Notice of granting or refusal of an environmental permit	20.01.2024
Notice of granting or refusal of an environmental permit	17.08.2023
Notice of granting or refusal of an environmental permit	16.06.2023
Notice of granting or refusal of an environmental permit	08.06.2023
Notice of disclosure of the draft environmental permit	01.06.2023

1 - 5 / 47 rows

Public transactions

Date	Party	Amount	Classification
30.04.2026	Tartu Linnavalitsus	62.00 € Received	OPERATING EXPENSES Road transport
20.04.2026	Sihtasutus Eesti Kontsert	186.00 € Received	OPERATING EXPENSES Music
20.04.2026	Sihtasutus Tartu Loomemajanduskeskus	576.38 € Received	OPERATING EXPENSES Other leisure, culture and religion, incl. administration
20.04.2026	Raadi Sihtasutus	1 354.70 € Received	OPERATING EXPENSES Pre-primary education
20.04.2026	Tartu Vallavalitsus	866.46 € Received	OPERATING EXPENSES Basic and general secondary education

aktsiaselts Tartu Veevärk

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