ALTMER EHITUS OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	29.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	30.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	06.08.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	17.08.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	11.08.2022	Valid	PDF
2020	20.01.2020 – 31.12.2020	01.04.2021	Valid	PDF

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No unsubmitted declarations as of 23.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains2 Licenses3 Regulations7 Public transactions16 Grants–State aid1 Public procurement2 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	71 811 €	36 144 €	994 893 €+38,3%	12
2026 Q2	80 902 €	30 312 €	719 418 €+68,2%	13
2026 Q1	44 580 €	38 252 €	427 691 €−51,0%	12
Total 2026:	197 293 €	104 708 €	2,14 M €
2025 Q4	96 938 €	33 166 €	872 991 €+36,9%	14
2025 Q3	76 602 €	37 052 €	637 464 €−7,1%	13
2025 Q2	62 305 €	37 551 €	686 262 €+0,8%	16
2025 Q1	81 112 €	42 082 €	680 702 €−43,8%	15
Total 2025:	316 957 €	149 851 €	2,88 M €
2024 Q4	111 338 €	48 090 €	1,21 M €+37,6%	16
2024 Q3	75 016 €	48 171 €	880 740 €+70,6%	15
2024 Q2	45 730 €	27 964 €	516 289 €−8,1%	18
2024 Q1	67 355 €	46 110 €	561 802 €−40,2%	13
Total 2024:	299 439 €	170 335 €	3,17 M €
2023 Q4	132 395 €	63 722 €	939 633 €−10,2%	17
2023 Q3	91 124 €	69 406 €	1,05 M €+0,2%	20
2023 Q2	134 838 €	65 640 €	1,04 M €+31,7%	21
2023 Q1	117 604 €	82 191 €	793 421 €−52,7%	23
Total 2023:	475 961 €	280 959 €	3,82 M €
2022 Q4	179 749 €	88 465 €	1,68 M €+6,9%	30
2022 Q3	165 881 €	96 548 €	1,57 M €−6,0%	33
2022 Q2	85 094 €	76 762 €	1,67 M €+35,4%	35
2022 Q1	109 307 €	44 794 €	1,23 M €+4,8%	31
Total 2022:	540 031 €	306 569 €	6,15 M €
2021 Q4	36 580,12 €	26 534,37 €	1,18 M €−28,5%	8
2021 Q3	96 285,86 €	28 200,13 €	1,65 M €+37,4%	8
2021 Q2	38 057,79 €	26 123,98 €	1,20 M €+42,0%	9
2021 Q1	56 074,62 €	23 356,15 €	843 478,78 €−10,9%	9
Total 2021:	226 998,39 €	104 214,63 €	4,86 M €
2020 Q4	54 055,79 €	20 575,79 €	946 229,52 €+58,4%	8
2020 Q3	37 634,73 €	16 819,43 €	597 256,03 €+42,5%	8
2020 Q2	12 087,78 €	0 €	419 176,02 €+546%	8
2020 Q1	1 233 €	0 €	64 868 €	0
Total 2020:	105 011,30 €	37 395,22 €	2,03 M €

Revenue by industry

	2023	2024	2025
Construction of water, gas and sewerage projects	3 692 499 €	3 329 316 €	2 562 076 €
Other non-specialised retail trade		26 501 €	26 900 €

Tax debts

No tax debt found

No tax debt as of 23.10.2026

Representatives

	Personal ID code
Rudolf Rakštis	38512XXXXXX	15.12.1985 (40)	Board member	20.01.2020	-

Shareholders

	Personal ID code
Rudolf Rakštis	38512XXXXXX	15.12.1985 (40)	Shareholder	2 500 EUR	100,00%	Sole ownership	01.09.2023	-

Other persons

	Personal ID code
Rudolf Rakštis	38512XXXXXX	15.12.1985 (40)	Founder	20.01.2020	-

Ultimate beneficial owners

	Personal ID code
Rudolf Rakštis	38512XXXXXX	15.12.1985 (40)	Direct holding	20.01.2020	-

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 994 893 €
Monthly average: 331 631 €
Per employee: 27 636 €
Equity ratio: 13 265,24%

Labour taxes

Turnover ratio: 3,63%
Tax ratio: 50,33%
Monthly average: 12 048 €
Per employee: 964 €

State taxes

Monthly average: 23 937 €
Turnover ratio: 7,22%

Estimated salary

Gross salary: 1 836 €
Net salary: 1 535 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020
Current assets	1 084 372 €−7,1%	1 166 621 €+37,0%	851 752 €−17,0%	1 026 298 €−0,6%	1 032 438 €+32,1%	781 557 €
Non-current assets	76 588 €−48,1%	147 536 €−51,2%	302 091 €−13,7%	349 927 €+148%	141 172 €+112%	66 577 €
Total assets	1 160 960 €−11,7%	1 314 157 €+13,9%	1 153 843 €−16,2%	1 376 225 €+17,3%	1 173 610 €+38,4%	848 134 €
Short-term liabilities	702 632 €−17,1%	847 350 €+28,9%	657 521 €−14,6%	769 934 €−10,0%	855 443 €+40,1%	610 404 €
Long-term liabilities	35 059 €−17,2%	42 325 €−31,5%	61 747 €−24,3%	81 580 €+297%	20 563 €−24,7%	27 311 €
Total liabilities	737 691 €−17,1%	889 675 €+23,7%	719 268 €−15,5%	851 514 €−2,8%	876 006 €+37,4%	637 715 €
Share or stock capital	-	-	-	-	-	-
Retained earnings	371 982 €−4,0%	387 452 €−0,8%	390 654 €+69,2%	230 904 €+9,7%	210 419 €	-
Net profit	48 787 €+41,3%	34 530 €−16,6%	41 421 €−85,8%	291 307 €+234%	87 185 €−58,6%	210 419 €
Equity	423 269 €−0,3%	424 482 €−2,3%	434 575 €−17,2%	524 711 €+76,3%	297 604 €+41,4%	210 419 €
Turnover	2 588 976 €−22,9%	3 355 817 €−9,1%	3 692 499 €−38,3%	5 989 177 €+15,4%	5 191 661 €+127%	2 289 473 €
Profit margin	1,9%	1,0%	1,1%	4,9%	1,7%	9,2%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	362 987 €	114 632 €
Liquidity
Current ratio	1,3	1,2
Quick ratio	1,2	1,2
Cash ratio	0,3	0,2
Efficiency
Days sales outstanding (dso)	47,3	54,6
Asset turnover	4,7	5,1
Structure
Debt ratio	0,6	0,7
Profitability
Operating margin	5,4%	1,9%
Net profit margin	4,9%	1,7%
Return on assets (roa)	22,8%	8,6%
Return on equity (roe)	55,5%	29,3%

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Licences & notices


Notice of economic activity	TEL004371	Electrical works	Valid	02.02.2023	-
Notice of economic activity	TGT000627	Gas works	Valid	13.12.2021	-
Notice of economic activity	EEH011563	Construction	Valid	11.02.2020	-

Regulations


Ä 50137659 / M2	15.07.2024	Fine-warning order – annual report not filed	14.08.2024	Deficiencies remedied07.08.2024
Ä 50137659 / 5	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50137659 / 4	07.08.2023	Entry – Amendment entry under NSPA § 595¹ (1)	-	Entered into force07.08.2023
Ä 50137659 / 3	14.01.2022	Entry – Amendment entry	-	Entered into force14.01.2022
Ä 50137659 / M1	10.01.2022	Order to remedy deficiencies – Amendment entry	24.01.2022	Deficiencies remedied14.01.2022

Real estate

No real estate found

Company has no real estate

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


14.05.2026	Eesti Töötukassa	750 €Received	OTHER GRANTSSocial protection of the unemployed
14.04.2026	Eesti Töötukassa	750 €Received	OTHER GRANTSSocial protection of the unemployed
16.03.2026	Eesti Töötukassa	750 €Received	OTHER GRANTSSocial protection of the unemployed
13.02.2026	Eesti Töötukassa	750 €Received	OTHER GRANTSSocial protection of the unemployed
14.01.2026	Eesti Töötukassa	750 €Received	OTHER GRANTSSocial protection of the unemployed

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


17.09.2025	Eesti TöötukassaAid measure 231580	Palgatoetus VTA › Palgatoetus VTAGrant	4 157,63 €	231580/2603717

Public procurement contracts


25.09.2024End 12.04.2025	Reference number 283764 · Alevi tn 3, Tallinn LP ehitus	AKTSIASELTS TALLINNA VESIContracting authority	72 113 €	Completed
29.07.2024End 12.02.2025	Reference number 278560 · EHITUSE TÖÖVÕTULEPING	AKTSIASELTS TALLINNA VESIContracting authority	943 277,81 €	Concluded

.ee domains


altmerkliima.ee	Active	19.05.2025	20.05.2027
altmerenergy.ee	Active	14.12.2022	15.12.2026

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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.