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Aktsiaselts KOVEK

Legal form:

Public limited company

Registry code:

10395123

VAT no.:

EE100429824

Fiscal-year period:

01.01 - 31.12

Established:

27.02.1998 (28)

Capital:

2 145 337,60 EUR

Address:

Kasesalu tn 7, Saue linn, Saue vald, Harju maakond, 76505

Status:

Registered

Contacts

Email:

info@kovek.ee

Phone:

+372 56667796

Phone:

+372 6796757

Website:

https://kovek.ee

Industries

ELECTRICITY, GAS, STEAM AND AIR-CONDITIONING SUPPLY
Electricity, gas, steam and air-conditioning supply
Electricity production, transmission and distribution
35141 - Distribution of electricity
35301 - Steam and air-conditioning supply
WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES
36001 - Water collection, treatment and supply
Sewerage
37001 - Sewerage and wastewater treatment
Waste collection, recycling and disposal
Collection of waste
38111 - Collection of non-hazardous waste
CONSTRUCTION
Construction of civil engineering projects
Construction of utility network projects
42221 - Construction of power and telecommunications lines
REAL ESTATE ACTIVITIES
Real estate activities
68201 - Renting and operating of own or leased real estate
ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES
Rental and leasing
Rental and operating leasing of other machinery, equipment and tangible goods
7739 - Rental and operating leasing of other machinery, equipment and tangible goods n.e.c.
Landscape and building maintenance
81101 - Combined facilities support activities
81301 - Landscape maintenance and upkeep

VAT liability

	Start	End
EE100429824	01.01.1994

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	Due date 30.06.2026
2024	01.01.2024 - 31.12.2024	16.06.2025	Valid
2023	01.01.2023 - 31.12.2023	05.06.2024	Valid
2022	01.01.2022 - 31.12.2022	27.06.2023	Valid
2021	01.01.2021 - 31.12.2021	24.05.2022	Valid
2020	01.01.2020 - 31.12.2020	02.06.2021	Valid
2019	01.01.2019 - 31.12.2019	13.07.2020	Valid
2018	01.01.2018 - 31.12.2018	06.05.2019	Valid
2017	01.01.2017 - 31.12.2017	27.06.2018	Valid
2016	01.01.2016 - 31.12.2016	22.06.2017	Valid
2015	01.01.2015 - 31.12.2015	30.05.2016	Valid
2014	01.01.2014 - 31.12.2014	20.05.2015	Valid
2013	01.01.2013 - 31.12.2013	25.06.2014	Valid
2012	01.01.2012 - 31.12.2012	21.06.2013	Valid
2011	01.01.2011 - 31.12.2011	04.06.2012	Valid
2010	01.01.2010 - 31.12.2010	28.06.2011	Valid
2009	01.01.2009 - 31.12.2009	29.06.2010	Valid
2008	01.01.2008 - 31.12.2008	03.07.2009	Valid
2007	01.01.2007 - 31.12.2007	01.07.2008	Valid
2006	01.01.2006 - 31.12.2006	03.04.2008	Valid
2005	01.01.2005 - 31.12.2005	29.06.2006	Valid
2004	01.01.2004 - 31.12.2004	09.12.2005	Valid
2003	01.01.2003 - 31.12.2003	01.07.2004	Valid
2002	01.01.2002 - 31.12.2002	26.06.2003	Valid
2001	01.01.2001 - 31.12.2001	Not submitted (deadline 30.06.2002)
2000	01.01.2000 - 31.12.2000	03.07.2001	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	180 725 €	84 097 €	803 413 €3.0%	19
Kokku 2026:	180 725 €	84 097 €	803 413 €
2025 Q4	156 280 €	85 210 €	779 936 €12.6%	19
2025 Q3	104 707 €	83 756 €	692 442 €1.2%	19
2025 Q2	113 353 €	79 390 €	700 706 €7.3%	19
2025 Q1	113 390 €	80 579 €	756 215 €0.6%	19
Kokku 2025:	487 730 €	328 935 €	2 929 299 €13.3%
2024 Q4	103 108 €	73 827 €	751 826 €9.7%	18
2024 Q3	101 924 €	68 758 €	685 132 €24.9%	19
2024 Q2	86 326 €	68 895 €	548 728 €8.4%	18
2024 Q1	77 545 €	67 069 €	598 840 €0.6%	18
Kokku 2024:	368 903 €	278 549 €	2 584 526 €15.2%
2023 Q4	118 962 €	65 424 €	595 385 €10.5%	18
2023 Q3	94 947 €	66 998 €	538 837 €1.9%	18
2023 Q2	94 469 €	53 127 €	528 616 €9.1%	18
2023 Q1	64 311 €	54 942 €	581 394 €3.4%	17
Kokku 2023:	372 689 €	240 491 €	2 244 233 €2.7%
2022 Q4	57 164 €	54 142 €	562 177 €9.8%	17
2022 Q3	133 330 €	56 340 €	623 390 €14.1%	19
2022 Q2	57 633 €	58 755 €	546 372 €4.9%	20
2022 Q1	74 306 €	54 195 €	574 586 €8.2%	19
Kokku 2022:	322 432 €	223 432 €	2 306 526 €7.6%
2021 Q4	55 303 €	53 087 €	530 827 €15.7%	19
2021 Q3	53 006 €	53 357 €	458 822 €8.0%	20
2021 Q2	50 510 €	52 418 €	498 486 €23.9%	20
2021 Q1	47 971 €	48 027 €	654 647 €29.0%	28
Kokku 2021:	206 791 €	206 890 €	2 142 782 €9.9%
2020 Q4	103 553 €	50 352 €	921 856 €65.2%	27
2020 Q3	51 811 €	52 545 €	558 138 €33.5%	27
2020 Q2	75 886 €	51 183 €	418 143 €12.9%	27
2020 Q1	98 868 €	50 469 €	480 127 €1.4%	27
Kokku 2020:	330 118 €	204 549 €	2 378 264 €27.3%
2019 Q4	67 912 €	47 677 €	473 671 €15.4%	27
2019 Q3	42 668 €	42 636 €	410 293 €23.6%	27
2019 Q2	73 585 €	41 940 €	536 763 €19.9%	26
2019 Q1	58 174 €	44 406 €	447 733 €4.4%	25
Kokku 2019:	242 339 €	176 659 €	1 868 460 €33.8%
2018 Q4	54 957 €	44 326 €	428 677 €3.6%	26
2018 Q3	35 508 €	33 678 €	413 814 €40.9%	27
2018 Q2	35 959 €	27 683 €	293 644 €12.6%	17
2018 Q1	33 888 €	25 826 €	260 743 €15.3%	17
Kokku 2018:	160 312 €	131 513 €	1 396 878 €24.0%
2017 Q4	26 077 €	25 974 €	307 926 €12.3%	15
2017 Q3	36 882 €	25 998 €	274 103 €0.9%	15
2017 Q2	24 939 €	25 473 €	271 752 €0.5%	14
2017 Q1	45 818 €	24 637 €	273 143 €3.1%	15
Kokku 2017:	133 716 €	102 082 €	1 126 924 €1.9%
2016 Q4	39 193 €	26 420 €	281 769 €7.4%	11
2016 Q3	23 395 €	24 596 €	262 313 €12.9%	11
2016 Q2	29 773 €	28 232 €	301 091 €15.3%	11
2016 Q1	31 129 €	24 480 €	261 077 €3.5%	11
Kokku 2016:	123 490 €	103 728 €	1 106 250 €17.4%
2015 Q4	-14 489 €	25 666 €	252 182 €7.3%	11
2015 Q3	-33 581 €	23 925 €	235 079 €3.5%	11
2015 Q2	23 723 €	23 111 €	227 074 €0.4%	11
2015 Q1	24 347 €	23 203 €	227 982 €	11
Kokku 2015:	0 €	95 905 €	942 317 €

Revenue by industry

	2022	2023	2024
Sewerage and wastewater treatment	872 025 €	913 860 €	1 234 600 €
Water collection, treatment and supply	787 580 €	829 848 €	896 030 €
Steam and air-conditioning supply	188 395 €	190 942 €	204 058 €
Construction of power and telecommunications lines	159 817 €	86 712 €	107 546 €
Combined facilities support activities	44 267 €	47 767 €	42 028 €
Distribution of electricity	47 420 €	33 367 €	31 036 €
Landscape maintenance and upkeep	4 500 €	4 500 €	4 500 €
Renting and operating of own or leased real estate	2 952 €	2 952 €	2 952 €
Rental and operating leasing of other machinery, equipment and tangible goods n.e.c.	2 301 €	2 301 €	2 301 €
Collection of non-hazardous waste	1 600 €	1 600 €	1 900 €

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
Jaanus Teder	36803XXXXXX	27.03.1968 (58)	Board member	18.09.2018	-
Aare Sõer	37602XXXXXX	05.02.1976 (50)	Board member	07.11.2017	-

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

1 - 2 / 2 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Saue Vallavalitsus	77000XXX	02.01.2018 (8)	Shareholder	2 145 337,60 EUR	100	Sole ownership	16.08.2023	-

17 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
Raivo Kokser	36001XXXXXX	08.01.1960 (66)	Supervisory-board member	01.04.2026	-
OÜ Loodi Finantsid	-	-	Audit firm	25.01.2024	-
Aavo Sõrmus	37212XXXXXX	10.12.1972 (53)	Supervisory-board member	01.02.2023	-
Eero Kaljuste	37205XXXXXX	23.05.1972 (54)	Supervisory-board member	01.02.2023	-
Kalle Pungas	36606XXXXXX	25.06.1966 (59)	Supervisory-board member	01.02.2023	-

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

1 - 5 / 7 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Andres Laisk	37009XXXXXX	24.09.1970 (55)	More than 50 % of voting rights in the consolidated entity	22.10.2018	-

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

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

2026 Q1

Turnover

Amount

803 413 €

Monthly average

267 804 €

Per employee

14 095 €

Equity ratio

12,48%

Labour taxes

Turnover ratio

10,47%

Tax ratio

46,53%

Monthly average

28 032 €

Per employee

1 475 €

State taxes

Monthly average

60 242 €

Turnover ratio

22,49%

Estimated salary

Gross salary

2 726 €

Net salary

2 172 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	1 044 507 €18.1%	1 275 995 €9.2%	1 168 530 €1.0%	1 157 074 €49.2%	2 276 360 €207.2%	740 931 €
Non-current assets	25 788 080 €1.5%	25 399 024 €0.9%	25 630 708 €5.1%	24 381 680 €5.9%	23 018 364 €5.7%	21 770 192 €
Total assets	26 832 586 €0.6%	26 675 020 €0.5%	26 799 240 €4.9%	25 538 754 €1.0%	25 294 724 €12.4%	22 511 122 €
Short-term liabilities	589 883 €63.3%	361 307 €69.5%	1 185 650 €82.8%	648 455 €51.5%	1 338 325 €442.9%	246 530 €
Long-term liabilities	40 500 €25.0%	54 000 €34.2%	82 062 €40.6%	138 254 €28.7%	193 849 €22.1%	248 697 €
Total liabilities	630 383 €51.8%	415 307 €67.2%	1 267 712 €61.1%	786 709 €48.7%	1 532 174 €209.4%	495 227 €
Share or stock capital	2 145 338 €	2 145 338 €7.2%	2 001 229 €	2 001 229 €4.7%	1 911 629 €	1 911 629 €
Retained earnings	24 114 375 €0.4%	24 217 208 €4.1%	23 270 817 €6.9%	21 761 318 €3.9%	20 944 265 €2.8%	20 375 954 €
Net profit	-57 509 €44.1%	-102 834 €139.6%	259 482 €73.8%	989 497 €9.1%	906 654 €433.7%	-271 687 €
Equity	26 202 204 €0.2%	26 259 712 €2.9%	25 531 528 €3.1%	24 752 044 €4.2%	23 762 548 €7.9%	22 015 896 €
Turnover	2 526 951 €19.5%	2 113 849 €0.1%	2 110 857 €10.0%	1 919 592 €19.0%	2 369 547 €41.7%	1 672 006 €
Profit margin	-2.28%53.2%	-4.86%139.6%	12.29%76.2%	51.55%34.7%	38.26%335.5%	-16.25%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	-	-	-	-	-
Liquidity
Current ratio	U.F	C.Z	R.D	1.8	1.7
Quick ratio	G.N	C.G	K.S	1.8	1.7
Cash ratio	C.T	V.Y	G.S	0.5	0.8
Efficiency
Days sales outstanding (dso)	IB.F	CU.P	GQL.O	190.5	122.3
Asset turnover	D.Z	N.O	O.W	0.1	0.1
Structure
Debt ratio	T.E	H.I	Y.P	0.0	0.1
Profitability
Operating margin	-G.S%	-G.C%	KQ.T%	51.7%	38.4%
Net profit margin	-F.L%	-G.O%	YX.U%	51.5%	38.3%
Return on assets (roa)	-O.D%	-K.O%	T.V%	3.9%	3.8%
Return on equity (roe)	-E.A%	-B.Z%	A.W%	4.0%	3.8%

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Licences & notices

Type	Number	Field	Status	Start	End
Notice of economic activity	EEH007200	- > Construction	Valid	05.09.2013	-
Notice of economic activity	EEO003077	- > Owner’s supervision	Valid	05.09.2013	-
Notice of economic activity	TEL001998	- > Electrical works	Valid	17.10.2012	-

1 - 3 / 3 rows

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 10026134 / 37	02.09.2025	Entry - Amendment entry under NSPA § 595¹ (1)		Entered into force (02.09.2025)
Ä 10026134 / 36	06.04.2023	Entry - Amendment entry		Entered into force (06.04.2023)
Ä 10026134 / 35	25.03.2021	Entry - Amendment entry		Entered into force (25.03.2021)
Ä 10026134 / 34	23.03.2021	Negative entry order – deficiencies not remedied - Amendment entry		Entered into force (08.04.2021)
Ä 10026134 / M17	17.02.2021	Order to remedy deficiencies - Amendment entry	19.03.2021	Entered into force (17.02.2021)

1 - 5 / 51 rows

Real estate

Address	Area	Purpose
Antsuküla tee 21, Ellamaa küla, Saue vald, Harju maakond	246 m²	Industrial land 100%
Haaviku tn 9, Riisipere alevik, Saue vald, Harju maakond	208 m²	Industrial land 100%
Kaselaane tn 6a, Laagri alevik, Saue vald, Harju maakond	35 m²	Industrial land 100%
Kaseurva tee 10, Ääsmäe küla, Saue vald, Harju maakond	12249 m²	Industrial land 100%
Kaseurva tee 9, Ääsmäe küla, Saue vald, Harju maakond	48543 m²	Waste-storage land 100%

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

1 - 5 / 43 rows

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date
2-24-17988/4	Civil case	Court judgment (Default judgment)	Law of obligations	Anu Uritam	ECLI:EE:HMK:2025:2.24.17988.3312	21.01.2025
2-20-18423/20	Civil case	Court ruling	Enforcement	Monika Laatsit, Maret Altnurme, Oliver Kask	ECLI:EE:TLRK:2021:2.20.18423.8243	05.05.2021
2-20-18423/15	Civil case	Court ruling	Enforcement	Piret Mõistlik	ECLI:EE:HMK:2021:2.20.18423.8702	22.01.2021
2-06-1046/1	Civil case	Court ruling	Payment order	Liivi Suursoo	ECLI:EE:HMK:2006:2.06.1046.2613	24.01.2006

1 - 4 / 4 rows

Official announcements

Subject	Date
Notice of granting or refusal of an environmental permit	25.11.2025
Notice of disclosure of the draft environmental permit	30.10.2025
Notice of initiation of proceedings for an environmental permit	03.10.2025
Notice of granting or refusal of an environmental permit	14.09.2022
Notice of disclosure of the draft environmental permit	29.08.2022

1 - 5 / 27 rows

Public transactions

Date	Party	Amount	Classification
30.04.2026	Saue Vallavalitsus	23 465.43 € Received	OPERATING EXPENSES Street lighting
30.04.2026	Saue Vallavalitsus	1 190.40 € Received	OPERATING EXPENSES Road transport
23.04.2026	Saue Vallavalitsus	259.45 € Received	OPERATING EXPENSES Libraries
23.04.2026	Saue Vallavalitsus	605.38 € Received	OPERATING EXPENSES Leisure events
21.04.2026	Riigi Kinnisvara Aktsiaselts	693.49 € Received	OPERATING EXPENSES Other general services

1 - 5 / 2141 rows

.ee domains

Domain	Status	Registered	Expires	End
kovek.ee	Active	04.07.2010	15.12.2027	-

1 - 1 / 1 rows

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