Heidelberg Materials Kunda AS

Legal form:: Public limited company
Registry code:: 10156772
VAT no.:: EE100463327
Fiscal-year period:: 01.01 - 31.12
Established:: 21.03.1997 (29 y)
Former business names:: Aktsiaselts Kunda Nordic Tsement
Capital:: 25 044,40 EUR
Address:: Jaama tn 2, Kunda linn, Viru-Nigula vald, Lääne-Viru maakond, 44106
Status:: Registered
LEI code:: 984500473BE3C7FK6012 (expired 17.05.2023)
E-invoice reception:: Unifiedpost

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Contacts

Phone:: +372 3229900
Email:: kunda.est@heidelbergmaterials.com
Website:: www.kunda.heidelbergmaterials.ee

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Industries

VAT liability

VAT no.	Start	End
EE100463327	01.01.1994	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	27.05.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	20.05.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	27.05.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	15.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	25.05.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	26.05.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	04.05.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	30.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	30.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	30.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	30.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	06.04.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	08.04.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	17.04.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	02.05.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	25.04.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	04.06.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	29.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	15.05.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	11.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	09.05.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	25.05.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	14.05.2004	Valid	PDF
2002	01.01.2002 – 31.12.2002	20.06.2003	Valid	PDF
2001	01.01.2001 – 31.12.2001	19.06.2002	Valid	PDF
2000	01.01.2000 – 31.12.2000	18.06.2001	Valid	PDF

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Tax debt Reports Declarations Court decisions4 Official announcements104 TTJA decisions–Real estate30 .ee domains2 Licenses1 Regulations44 Public transactions93 Grants6 State aid20 Public procurement17 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	3,09 M €	484 639 €	17,3 M €+45,2%	65
2026 Q2	2,32 M €	740 596 €	11,9 M €+108%	66
2026 Q1	1,08 M €	426 417 €	5,76 M €−45,2%	66
Total 2026:	6,50 M €	1,65 M €	35,0 M €
2025 Q4	2,04 M €	437 009 €	10,5 M €+2,3%	66
2025 Q3	2,12 M €	486 949 €	10,3 M €+10,9%	67
2025 Q2	2,40 M €	1,17 M €	9,27 M €+55,8%	67
2025 Q1	1,02 M €	503 891 €	5,95 M €−34,1%	89
Total 2025:	7,57 M €	2,60 M €	36,0 M €
2024 Q4	1,51 M €	453 005 €	9,02 M €−35,9%	92
2024 Q3	3,48 M €	545 908 €	14,1 M €+45,6%	91
2024 Q2	1,84 M €	779 885 €	9,67 M €+24,0%	91
2024 Q1	810 835 €	438 468 €	7,80 M €−48,9%	90
Total 2024:	7,64 M €	2,22 M €	40,6 M €
2023 Q4	2,00 M €	423 273 €	15,3 M €−28,1%	89
2023 Q3	2,30 M €	507 003 €	21,2 M €+113%	89
2023 Q2	1,77 M €	734 104 €	9,98 M €−2,3%	89
2023 Q1	998 296 €	424 664 €	10,2 M €−37,4%	87
Total 2023:	7,07 M €	2,09 M €	56,7 M €
2022 Q4	1,70 M €	409 208 €	16,3 M €−18,1%	90
2022 Q3	3,12 M €	463 251 €	19,9 M €+68,8%	89
2022 Q2	1,84 M €	701 242 €	11,8 M €+56,8%	91
2022 Q1	694 341 €	367 501 €	7,53 M €−33,2%	91
Total 2022:	7,36 M €	1,94 M €	55,6 M €
2021 Q4	1,31 M €	373 350,47 €	11,3 M €−40,2%	91
2021 Q3	4,83 M €	452 693,72 €	18,8 M €+86,7%	89
2021 Q2	1,60 M €	694 710,21 €	10,1 M €+80,9%	92
2021 Q1	678 564,50 €	387 500,61 €	5,57 M €−78,7%	95
Total 2021:	8,43 M €	1,91 M €	45,7 M €
2020 Q4	1,32 M €	388 452,37 €	26,1 M €+125%	92
2020 Q3	4,28 M €	422 354,18 €	11,6 M €+25,2%	97
2020 Q2	2,35 M €	1,62 M €	9,27 M €−44,3%	99
2020 Q1	821 302 €	559 322 €	16,6 M €+38,3%	169
Total 2020:	8,77 M €	2,99 M €	63,6 M €
2019 Q4	1,43 M €	603 948 €	12,0 M €−8,6%	171
2019 Q3	2,13 M €	641 695 €	13,2 M €+14,6%	179
2019 Q2	1,38 M €	926 851 €	11,5 M €−34,2%	178
2019 Q1	442 896 €	594 558 €	17,4 M €+24,7%	177
Total 2019:	5,39 M €	2,77 M €	54,1 M €
2018 Q4	1,28 M €	603 429 €	14,0 M €−12,5%	176
2018 Q3	1,60 M €	672 116 €	16,0 M €−34,1%	194
2018 Q2	15,1 M €	934 318 €	24,2 M €+152%	195
2018 Q1	666 501 €	593 654 €	9,62 M €−26,2%	191
Total 2018:	18,6 M €	2,80 M €	63,8 M €
2017 Q4	1,03 M €	538 648 €	13,0 M €−21,5%	189
2017 Q3	1,78 M €	657 747 €	16,6 M €+28,8%	193
2017 Q2	1,64 M €	902 348 €	12,9 M €+64,8%	192
2017 Q1	618 682 €	522 970 €	7,82 M €−8,1%	189
Total 2017:	5,06 M €	2,62 M €	50,4 M €
2016 Q4	1,32 M €	553 743 €	8,51 M €−12,4%	184
2016 Q3	1,35 M €	631 985 €	9,72 M €−22,4%	184
2016 Q2	1,51 M €	813 995 €	12,5 M €+50,7%	184
2016 Q1	576 019 €	540 134 €	8,30 M €+10,7%	184
Total 2016:	4,76 M €	2,54 M €	39,0 M €
2015 Q4	1,15 M €	532 698 €	7,50 M €−12,3%	196
2015 Q3	5,86 M €	607 283 €	8,55 M €−35,2%	196
2015 Q2	1,28 M €	937 695 €	13,2 M €+56,8%	196
2015 Q1	184 547 €	597 908 €	8,42 M €	196
Total 2015:	8,48 M €	2,68 M €	37,7 M €

Revenue by industry

	2023	2024	2025
Manufacture of cement	25 079 196 €	23 279 616 €	26 513 436 €
Non-specialised wholesale agency services		1 829 244 €	2 816 288 €
Manufacture of crushed stone	4 632 465 €	3 088 396 €	2 576 716 €
Recovery of materials for recycling		30 114 €	155 484 €
Renting and operating of own or leased real estate	63 210 €	72 895 €	95 814 €
Brokerage of electricity and natural-gas trade		43 229 €	33 568 €
Mining of oil shale and extraction of crude petroleum	4 835 996 €
Intermediation in trading of various goods	3 003 075 €
Manufacture of other non-metallic mineral products n.e.c.	135 894 €
Sale of electricity	43 211 €
Operation of gravel and sand pits; mining of clay and kaolin	545 €

Tax debts

No tax debt found

No tax debt as of 22.10.2026

Representatives

	Personal ID code
Riho Iskül	37802XXXXXX	23.02.1978 (48)	Board member	10.06.2025	-
Riho Iskül	37802XXXXXX	23.02.1978 (48)	Procurator	17.07.2023	-
Imre Leetma	36211XXXXXX	21.11.1962 (63)	Procurator	27.12.2006	-
Urmas Kukk	36207XXXXXX	16.07.1962 (64)	Procurator	27.12.2006	-

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Shareholders

	Personal ID code
HEIDELBERGMATERIALS SWEDEN AB	-	-	Shareholder	18 783,30 EUR	75,00%	Sole ownership	30.10.2025	-
CRH EUROPE INVESTMENTS B.V.	NL534XXXXX	-	Shareholder	6 261,10 EUR	25,00%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Thea Stene	07078XXXXXX	-	Supervisory-board member	01.06.2026	-
Neringa Veliene	48503XXXXXX	31.03.1985 (41)	Supervisory-board member	01.06.2026	-
Arvid Stjernberg	-	04.02.1968 (58)	Supervisory-board member	19.05.2025	-
Dominik Michel	-	05.06.1976 (50)	Supervisory-board member	23.05.2024	-
Aktsiaselts PricewaterhouseCoopers	10142876	30.04.1997 (29)	Audit firm	28.04.2023	-

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Ultimate beneficial owners

	Personal ID code
Bernd Scheifele	-	05.05.1958 (68)	Member of higher governing body (board or supervisory board)	26.04.2023	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 17 344 222 €
Monthly average: 5 781 407 €
Per employee: 88 945 €
Equity ratio: 23 084,63%

Labour taxes

Turnover ratio: 2,79%
Tax ratio: 15,68%
Monthly average: 161 546 €
Per employee: 2 466 €

State taxes

Monthly average: 1 030 428 €
Turnover ratio: 17,82%

Estimated salary

Gross salary: 4 400 €
Net salary: 3 462 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	26 534 000 €+10,0%	24 119 000 €−31,7%	35 301 000 €+22,6%	28 785 000 €−24,6%	38 191 000 €−34,5%	58 306 000 €−27,6%	80 573 000 €
Non-current assets	8 253 000 €−6,3%	8 807 000 €−6,0%	9 370 000 €−2,7%	9 631 000 €−7,7%	10 429 000 €−1,0%	10 534 000 €−54,8%	23 330 000 €
Total assets	34 787 000 €+5,7%	32 926 000 €−26,3%	44 671 000 €+16,3%	38 416 000 €−21,0%	48 620 000 €−29,4%	68 840 000 €−33,7%	103 903 000 €
Short-term liabilities	7 228 000 €+10,9%	6 519 000 €−31,1%	9 461 000 €+30,7%	7 240 000 €−1,1%	7 324 000 €+14,8%	6 380 000 €−63,4%	17 420 000 €
Long-term liabilities	608 000 €−13,0%	699 000 €+10,8%	631 000 €+12,1%	563 000 €−24,3%	744 000 €−36,9%	1 180 000 €+68,8%	699 000 €
Total liabilities	7 836 000 €+8,6%	7 218 000 €−28,5%	10 092 000 €+29,3%	7 803 000 €−3,3%	8 068 000 €+6,7%	7 560 000 €−58,3%	18 119 000 €
Share or stock capital	25 000 €	25 000 €	25 000 €	25 000 €	25 000 €	25 000 €	25 000 €
Retained earnings	23 291 000 €+2,0%	22 829 000 €−19,0%	28 196 000 €+0,2%	28 135 000 €−31,1%	40 863 000 €−37,5%	65 367 000 €−19,2%	80 902 000 €
Net profit	1 243 000 €+169%	462 000 €−88,4%	3 966 000 €+6 402%	61 000 €+102%	-2 728 000 €+58,1%	-6 504 000 €−364%	2 465 000 €
Equity	26 951 000 €+4,8%	25 708 000 €−25,7%	34 579 000 €+13,0%	30 613 000 €−24,5%	40 552 000 €−33,8%	61 280 000 €−28,6%	85 784 000 €
Turnover	32 248 000 €+13,6%	28 393 000 €−24,9%	37 794 000 €−6,1%	40 249 000 €+17,3%	34 299 000 €+25,6%	27 309 000 €−34,8%	41 860 000 €
Profit margin	3,9%	1,6%	10,5%	0,2%	-8,0%	-23,8%	5,9%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	4,0	5,2
Quick ratio	2,4	4,1
Cash ratio	0,0	0,0
Efficiency
Days sales outstanding (dso)	215,8	428,7
Asset turnover	0,9	0,6
Structure
Debt ratio	0,2	0,2
Profitability
Operating margin	4,1%	0,6%
Net profit margin	0,2%	-8,0%
Return on assets (roa)	0,1%	-4,6%
Return on equity (roe)	0,2%	-6,7%

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Licences & notices


Notice of economic activity	EEO000984	Owner’s supervision	Valid	22.08.2006	-

Regulations


Ä 39998493 / M13	27.07.2026	Order to remedy deficiencies for correcting extra-entry data	31.08.2026	Deficiencies remedied05.08.2026
Ä 39998493 / M12	16.06.2026	Order to remedy deficiencies	16.07.2026	Deficiencies remedied21.07.2026
Ä 39998493 / 12	10.06.2025	Entry – Amendment entry	-	Entered into force10.06.2025
Ä 39998493 / M11	03.06.2025	Order to remedy deficiencies – Amendment entry	03.07.2025	Deficiencies remedied10.06.2025
Ä 39998493 / M10	29.05.2025	Order to remedy deficiencies – Amendment entry	28.06.2025	Deficiencies remedied10.06.2025

Real estate

		Purpose
Hundiuru, Toomla küla, Rakvere vald, Lääne-Viru maakond	102 359 m²	Agricultural land 100%
Jaama tn 2, Kunda linn, Viru-Nigula vald, Lääne-Viru maakond	495 053 m²	Industrial land 100%
Järvevahe, Andja küla, Rakvere vald, Lääne-Viru maakond	14 454 m²	Transport land 100%
Killustiku, Andja küla, Rakvere vald, Lääne-Viru maakond	36 054 m²	Transport land 100%
Kivimetsa, Andja küla, Rakvere vald, Lääne-Viru maakond	94 277 m²	Agricultural land 100%

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Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-23-18213/3	Kohtu I astme menetlus	Court judgmentDefault judgment	Law of obligations	Triin Niinemets	ECLI:EE:TMK:2024:2.23.18213.5615	07.03.2024	Open
3-19-367/12	Kohtu I astme menetlus	Court rulingRuling on renewal of proceedings	Environmental law	Daimar Liiv	ECLI:EE:TLHK:2020:3.19.367.6115	06.04.2020	Open
3-17-1895/57	Kohtu I astme menetlus	Court judgment	Environmental law	Daimar Liiv	ECLI:EE:TLHK:2019:3.17.1895.7949	17.01.2019	Open
2-10-45211/21	Kohtu I astme menetlus	Court ruling	Bankruptcy law	Toomas Talviste	ECLI:EE:PMK:2011:2.10.45211.23585	12.07.2011	Open

Official announcements


Notice of granting or refusal of an environmental permit	05.10.2026	PDF
Notice of disclosure of the draft environmental permit	14.09.2026	PDF
Notice of granting or refusal of an integrated permit	30.06.2026	PDF
Notice of disclosure of the draft environmental permit	02.04.2026	PDF
Notice of granting or refusal of an environmental permit	23.03.2026	PDF

Public transactions


30.09.2026	AS ALARA	330,83 €Received	OPERATING EXPENSESWaste management
10.09.2026	Eesti Geoloogiateenistus	1 488 €Received	OPERATING EXPENSESR&D in environmental protection
25.02.2026	Tallinna Tehnikaülikool	2 290,03 €Received	OPERATING EXPENSESR&D in education
21.01.2026	Tallinna Tehnikaülikool	216,95 €Received	OPERATING EXPENSESR&D in education
22.12.2025	Viru-Nigula vallavalitsus	521,92 €Received	OPERATING EXPENSESRoad transport

Funded projects


AS Kunda Nordic Tsement rakendusuuringu projekt2014-2020.4.02.21-0334	TA&I süsteemi kohaliku sotsiaalmajandusliku mõju suurendamine ja nutikas spetsialiseerumine kasvualade (IKT + tervis + ressursid) arendamiseksERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	12.02.2021 – 31.12.20212014-2020	285 136,45 €support 50,0%	285 136,45 €	Completed
Kunda Nordic Tsement AS ressursitõhususe projekt2014-2020.4.03.19-0493	Ettevõtete energia- ja ressursitõhususERDF · Sihtasutus Keskkonnainvesteeringute Keskus	31.12.2019 – 30.09.20222014-2020	2 715 939,49 €support 25,0%	1 024 844,58 €	Completed
Arvutioskuste arendamine1.4.0501.11-4036	Teadmiste ja oskuste arendamise toetusESF · Ettevõtluse ja Innovatsiooni Sihtasutus	23.05.2011 – 22.05.20122007-2013	2 008 €	2 008 €	Completed
Koostööoskuste arendamine1.4.0501.11-3880	Teadmiste ja oskuste arendamise toetusESF · Ettevõtluse ja Innovatsiooni Sihtasutus	08.04.2011 – 29.04.20112007-2013	19 000 €	19 000 €	Completed
Teadmiste ja oskuste arendamine1.4.0501.10-1908	Teadmiste ja oskuste arendamise toetusESF · Ettevõtluse ja Innovatsiooni Sihtasutus	08.03.2010 – 14.05.20102007-2013	17 564,26 €	9 062,67 €	Completed

State aid


18.03.2026	MTÜ Maakondlikud ArenduskeskusedAid measure 241642	Muu › MuuGrant	109,37 €	241642/2600334
08.10.2025	MTÜ Maakondlikud ArenduskeskusedAid measure 241642	Muu › MuuGrant	105,71 €	241642/2501502
03.09.2025	MTÜ Maakondlikud ArenduskeskusedAid measure 241642	Muu › MuuGrant	56,92 €	241642/2501264
30.09.2024	Riigi Tugiteenuste KeskusAid measure 231489	Regionaalareng (VTA) › MuuGrant	341,60 €	231489/2400850
09.09.2024	SA Keskkonnainvesteeringute KeskusAid measure 231477	Keskkonnakaitse (VTA) › MuuGrant	4 000 €	231477/2400215

Public procurement contracts


23.12.2021End 23.08.2022	Reference number 243012 · LEPING SEADMETE TARNIMISEKS	Apeco Group OÜContractor	628 300 €	Completed
12.11.2020End 30.12.2020	Reference number 225666 · Leping	Aktsiaselts BaltemContractor	232 600 €	Completed
07.12.2016End 05.12.2017	Reference number 178784 · Leping No. KNT 34-16L KNT-Scanweld	Aktsiaselts ScanweldContractor	647 860 €actual 674 460 €	Completed
06.12.2016End 31.12.2017	Reference number 176771 · Leping No. KNT 33-16L BauEst OÜ - Kunda Nordic Tsement AS	OÜ BauEstContractor	740 422 €actual 871 908 €	Completed
21.11.2016End 21.11.2017	Reference number 176653 · RAAMLEPING TARDKIVIKILLUSTIKU OSTMISEKS NR 4-36/617-2016	Aktsiaselts Eesti TeedContracting authority	1 407 600 €actual 1 053 040 €	Completed

.ee domains


tsement.ee	Active	04.07.2010	15.09.2027
knc.ee	Active	04.07.2010	15.09.2027

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.