Kelts OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	11.07.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	02.07.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	26.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	30.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	03.08.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	10.11.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	01.07.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	02.07.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	30.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	13.07.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	02.07.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	30.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	19.07.2013	Valid	PDF
2011	12.03.2011 – 31.12.2011	02.07.2012	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 19.10.2026.

Check company creditworthiness in seconds

Detailed reviews of company financial risks and strengths

3€ /monthGet started

Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate6 .ee domains1 Licenses1 Regulations6 Public transactions1 Grants–State aid1 Public procurement5 Holdings in companies3 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	63 093 €	8 006 €	514 916 €+15,9%	1
2026 Q2	74 924 €	8 006 €	444 195 €+278%	1
2026 Q1	24 365 €	8 006 €	117 638 €−47,1%	1
Total 2026:	162 382 €	24 018 €	1,08 M €
2025 Q4	25 187 €	8 006 €	222 190 €−72,4%	1
2025 Q3	98 724 €	8 006 €	805 124 €−22,7%	1
2025 Q2	125 204 €	8 027 €	1,04 M €−28,2%	1
2025 Q1	86 086 €	7 811 €	1,45 M €−46,8%	1
Total 2025:	335 201 €	31 850 €	3,52 M €
2024 Q4	161 830 €	7 544 €	2,72 M €+81,2%	1
2024 Q3	126 647 €	8 518 €	1,50 M €+6,1%	1
2024 Q2	122 893 €	7 544 €	1,42 M €+156%	1
2024 Q1	45 593 €	7 537 €	552 606 €−15,5%	1
Total 2024:	456 963 €	31 143 €	6,19 M €
2023 Q4	81 884 €	7 537 €	654 098 €+104%	1
2023 Q3	12 607 €	7 537 €	319 999 €−4,5%	1
2023 Q2	17 451 €	8 257 €	335 150 €−11,2%	1
2023 Q1	36 912 €	4 861 €	377 361 €−38,6%	1
Total 2023:	148 854 €	28 192 €	1,69 M €
2022 Q4	31 577 €	4 294 €	614 541 €+118%	1
2022 Q3	36 179 €	4 294 €	281 784 €−43,8%	1
2022 Q2	45 771 €	4 294 €	501 435 €+114%	1
2022 Q1	31 535 €	3 412 €	233 835 €−23,6%	1
Total 2022:	145 062 €	16 294 €	1,63 M €
2021 Q4	14 883,92 €	3 412,20 €	305 923,20 €+98,8%	1
2021 Q3	15 481,45 €	3 412,20 €	153 887,27 €−43,1%	1
2021 Q2	21 211,76 €	2 715,77 €	270 240,99 €+496%	1
2021 Q1	7 003,64 €	1 190,61 €	45 338 €+419%	2
Total 2021:	58 580,77 €	10 730,78 €	775 389,46 €
2020 Q4	2 060,02 €	1 190,61 €	8 740,70 €−65,7%	2
2020 Q3	3 848,87 €	1 190,61 €	25 472,25 €−3,7%	2
2020 Q2	1 162,86 €	1 141,96 €	26 453,44 €+55,5%	2
2020 Q1	3 841 €	1 045 €	17 008 €+19,6%	2
Total 2020:	10 912,75 €	4 568,18 €	77 674,39 €
2019 Q4	3 703 €	1 838 €	14 223 €−63,1%	2
2019 Q3	8 027 €	1 935 €	38 566 €+12,2%	2
2019 Q2	6 240 €	2 782 €	34 378 €−5,0%	2
2019 Q1	5 725 €	1 258 €	36 175 €−50,9%	2
Total 2019:	23 695 €	7 813 €	123 342 €
2018 Q4	6 619 €	1 393 €	73 623 €−10,6%	1
2018 Q3	10 260 €	1 430 €	82 377 €−58,7%	1
2018 Q2	15 720 €	939 €	199 562 €+1 722%	1
2018 Q1	1 115 €	1 113 €	10 950 €−78,3%	1
Total 2018:	33 714 €	4 875 €	366 512 €
2017 Q4	8 543 €	1 138 €	50 511 €+34,0%	1
2017 Q3	7 131 €	1 764 €	37 682 €+77,2%	1
2017 Q2	5 271 €	3 372 €	21 264 €−46,8%	2
2017 Q1	9 617 €	6 146 €	39 978 €−34,6%	3
Total 2017:	30 562 €	12 420 €	149 435 €
2016 Q4	9 296 €	5 144 €	61 139 €−38,5%	4
2016 Q3	13 727 €	8 364 €	99 417 €+17,8%	4
2016 Q2	19 580 €	7 099 €	84 385 €−16,8%	4
2016 Q1	13 263 €	8 537 €	101 477 €−23,8%	4
Total 2016:	55 866 €	29 144 €	346 418 €
2015 Q4	11 239 €	9 035 €	133 130 €+14,0%	1
2015 Q3	12 596 €	7 928 €	116 820 €+8,9%	1
2015 Q2	10 244 €	7 281 €	107 290 €−17,5%	1
2015 Q1	13 969 €	8 829 €	130 099 €	1
Total 2015:	48 048 €	33 073 €	487 339 €

Revenue by industry

	2023	2024	2025
Construction of residential and non-residential buildings	1 767 367 €	5 754 684 €	3 796 023 €

Tax debts

No tax debt found

No tax debt as of 19.10.2026

Representatives

	Personal ID code
Tiit Keldo	38912XXXXXX	26.12.1989 (36)	Board member	11.03.2011	-

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

3€ /monthGet started

Shareholders

	Personal ID code
Tiit Keldo	38912XXXXXX	26.12.1989 (36)	Shareholder	20 000 EUR	100,00%	Sole ownership	02.09.2023	-

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

3€ /monthGet started

Other persons

	Personal ID code
Tiit Keldo	38912XXXXXX	26.12.1989 (36)	Founder	11.03.2011	-

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

3€ /monthGet started

Holdings in companies


Keltsi Agro OÜ	31.07.2012	Shareholder	2 500 EUR	100,00%	Sole ownership	01.09.2023	-
Time Is Money OÜ	30.11.2020	Shareholder	2 500 EUR	100,00%	Sole ownership	03.09.2025	-
Clearfield Energy OÜ	08.08.2025	Shareholder	1 EUR	100,00%	Sole ownership	16.10.2026	-

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

3€ /monthGet started

2026 Q3

Turnover

Amount: 514 916 €
Monthly average: 171 639 €
Per employee: 171 639 €
Equity ratio: 858,19%

Labour taxes

Turnover ratio: 1,55%
Tax ratio: 12,69%
Monthly average: 2 669 €
Per employee: 2 669 €

State taxes

Monthly average: 21 031 €
Turnover ratio: 12,25%

Estimated salary

Gross salary: 4 745 €
Net salary: 3 722 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	602 666 €−52,4%	1 265 692 €+155%	496 863 €+38,5%	358 657 €+61,4%	222 227 €+373%	46 935 €−11,5%	53 009 €
Non-current assets	259 137 €+54,4%	167 855 €+37,1%	122 455 €+6,3%	115 156 €−13,9%	133 756 €+24,7%	107 294 €−11,0%	120 594 €
Total assets	861 803 €−39,9%	1 433 547 €+131%	619 318 €+30,7%	473 813 €+33,1%	355 983 €+131%	154 229 €−11,2%	173 603 €
Short-term liabilities	17 798 €−97,6%	732 432 €+322%	173 413 €+123%	77 801 €−12,4%	88 852 €+194%	30 172 €−36,9%	47 802 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	17 798 €−97,6%	732 432 €+322%	173 413 €+123%	77 801 €−12,4%	88 852 €+194%	30 172 €−36,9%	47 802 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	668 615 €+107%	322 440 €−12,2%	367 313 €+65,6%	221 858 €+108%	106 557 €	106 516 €−0,9%	107 442 €
Net profit	157 890 €−56,3%	361 175 €+491%	61 092 €−61,0%	156 654 €+9,5%	143 074 €+348 861%	41 €−95,2%	859 €
Equity	844 005 €+20,4%	701 115 €+57,2%	445 905 €+12,6%	396 012 €+48,2%	267 131 €+115%	124 057 €−1,4%	125 801 €
Turnover	3 796 023 €−34,0%	5 754 684 €+226%	1 767 367 €+14,9%	1 538 329 €+92,4%	799 406 €+950%	76 164 €−31,5%	111 148 €
Profit margin	4,2%	6,3%	3,5%	10,2%	17,9%	0,1%	0,8%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	166 507 €	152 920 €
Liquidity
Current ratio	4,6	2,5
Quick ratio	4,3	2,4
Cash ratio	3,8	1,3
Efficiency
Days sales outstanding (dso)	15,7	22,8
Asset turnover	3,7	3,1
Structure
Debt ratio	0,2	0,2
Profitability
Operating margin	10,8%	18,0%
Net profit margin	10,2%	17,9%
Return on assets (roa)	37,8%	56,1%
Return on equity (roe)	39,6%	53,6%

Data export

These figures for over 281,000 companies, in one table

Revenue, EBITDA, ROE, ROA and other ratios
Up to five years of reports at once
Excel, CSV or JSON, updated daily

See how it works

To view all financial ratios, you need to subscribe to extended access to the info portal!

3€ /monthGet started

Licences & notices


Notice of economic activity	EEH014027	Construction	Valid	04.12.2024	-

Regulations


Ä 20055451 / 5	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
Ä 20055451 / 4	14.02.2018	Entry – Amendment entry	-	Entered into force14.02.2018
Ä 20055451 / 3	17.01.2018	Entry – Amendment entry	-	Entered into force17.01.2018
Ä 20055451 / 2	23.01.2015	Entry – Amendment entry	-	Entered into force23.01.2015
Ä 20055451 / M1	20.01.2015	Order to remedy deficiencies – Amendment entry	04.02.2015	Deficiencies remedied23.01.2015

Real estate

		Purpose
Kasepää II, Vana-Otepää küla, Otepää vald, Valga maakond	39 721 m²	Agricultural land 100%
Kihlasöödi, Neeruti küla, Otepää vald, Valga maakond	38 976 m²	Agricultural land 100%
Magasiaida, Vana-Otepää küla, Otepää vald, Valga maakond	424 m²	Industrial land 100%
Metsakohina, Vana-Otepää küla, Otepää vald, Valga maakond	50 354 m²	Agricultural land 100%
Suvepää, Vana-Otepää küla, Otepää vald, Valga maakond	23 959 m²	Agricultural land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


03.02.2021	Põllumajanduse Registrite ja Informatsiooni Amet	4 596,10 €Received	OTHER GRANTSAgriculture

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


06.02.2019	Põllumajanduse Registrite ja Informatsiooni AmetAid measure 15453	Maapiirkonnas majandustegevuse arendamine (VTA) › InvesteeringudGrant	149 999,99 €	15453/1900497

Public procurement contracts


12.04.2021End 24.05.2021	Reference number 234682 · Hankeleping	MTÜ Lahela RandContracting authority	58 000 €	Completed
06.06.2019End 04.09.2019	Reference number 207240 · HANKELEPING	Mittetulundusühing Saaremaa PuisniidudContracting authority	27 780 €	Completed
16.02.2018End 15.05.2018	Reference number 193456 · Hankeleping 16/02/2018	MTÜ Struugade HooldusContracting authority	52 960 €	Completed
15.09.2017End 20.10.2017	Reference number 190037 · Ostu-müügi leping	Mittetulundusühing Pärnu rannaniitContracting authority	5 850 €	Completed
08.07.2015End 27.08.2015	Reference number 161364 · 1-6/15/39	KeskkonnaametContracting authority	36 000 €	Completed

.ee domains


kelts.ee	Active	29.10.2013	30.10.2027

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.