osaühing Nivoo

Active Registry code 10086579 OÜ Rahinge küla Registered 9 Sep 1996

osaühing Nivoo is a OÜ based in Rahinge küla, registry code 10086579, status: active. Main activity: Land drainage and land reclamation works. According to EMTA, turnover for Q3 2026 was €150 388 with 5 employees.

Turnover

150 388 €

↑ 8.6% vs Q2 2026

State taxes

37 277 €

↑ 19.8% vs Q2 2026

Labour taxes

23 224 €

↓ 3.9% vs Q2 2026

Employees

−1 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Specialised construction activities · EMTAK 43

Turnover · Q3 2026 150 388 €

above 88% of companies

industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee 4 645 €

above 98% of companies

industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025 577 132 €

above 93% of companies

industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 2025 13.2 %

above 69% of companies

industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 150 388 € · +8.6% vs Q2 2026 · industry median 23 017 € · above 88% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 645 € · +15.3% vs Q2 2026 · industry median 1 236 € · above 98% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 5 · −16.7% vs Q2 2026

State taxes, € Q3 2026: 37 277 € · +19.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	150 388	37 277	23 224	5
Q2 2026	138 510	31 116	24 165	6
Q1 2026	181 117	30 304	25 057	6
Q4 2025	301 019	59 893	24 504	6
Q3 2025	165 946	42 923	24 289	6
Q2 2025	71 785	37 025	26 638	6
Q1 2025	149 738	47 672	24 198	6
Q4 2024	183 804	41 866	24 289	6
Q3 2024	126 618	31 648	25 386	6
Q2 2024	210 903	49 683	22 485	6
Q1 2024	70 295	21 813	22 768	6
Q4 2023	154 586	38 385	21 585	6
Q3 2023	136 516	30 673	23 634	7
Q2 2023	161 447	30 259	20 007	7
Q1 2023	378 258	79 233	19 271	7
Q4 2022	180 301	36 835	19 476	7
Q3 2022	152 630	27 470	18 704	7
Q2 2022	224 284	50 684	18 341	7
Q1 2022	120 117	33 222	19 561	7

Labour taxes per employee per month

1 548 €

Turnover per employee in the quarter

30 078 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 577 132 € · −6.5% vs 2024 · industry median 37 328 € · above 93% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 76 166 € · +206.1% vs 2024 · industry median 561 € · above 98% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 13.2 % · +24.8 pp vs the year before · industry median 3.9 % · above 69% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 648 288 € · +23.0% vs 2024

Equity, € thousand 2025: 472 970 € · +19.2% vs 2024

Employees 2025: 7 · +0.0% vs 2024 · industry median 1 · above 90% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	577 132	76 166	235 537	648 288	472 970	7
2024	617 456	-71 789	231 997	527 260	396 804	7
2023	557 666	-100 509	208 269	659 376	468 593	7
2022	904 304	169 169	189 894	765 353	619 102	7
2021	473 073	-33 668	161 485	547 506	449 933	7
2020	452 868	-59 047	146 141	601 370	513 601	8
2019	500 512	51 489	157 405	669 201	602 946	8
2018	—	—	—	—	—	9
2017	—	—	—	—	—	9
2016	—	—	—	—	—	10
2015	—	—	—	—	—	9
2014	—	—	—	—	—	9
2013	—	—	—	—	—	9
2012	—	—	—	—	—	9
2011	—	—	—	—	—	9
2010	—	—	—	—	—	9
2009	—	—	—	—	—	10
2008	—	—	—	—	—	10
2007	—	—	—	—	—	10
2006	—	—	—	—	—	10
2005	—	—	—	—	—	11
2004	—	—	—	—	—	11
2003	—	—	—	—	—	9
2002	—	—	—	—	—	9
2001	—	—	—	—	—	9
2000	—	—	—	—	—	8
1999	—	—	—	—	—	8
1998	—	—	—	—	—	11
1997	—	—	—	—	—	13

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

13.2 %

Net profit / revenue

Return on equity (ROE)

16.1 %

Net profit / equity

Return on assets (ROA)

11.7 %

Net profit / assets

Equity ratio

73.0 %

Equity / assets

Debt ratio

27.0 %

Liabilities / assets

Current ratio

2.01

Current assets / current liabilities

Revenue per employee

82 447 €

Revenue / average full-time employees

Labour cost per employee per month

2 804 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	23 Mar 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	17 Mar 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	20 Mar 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	27 Mar 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	25 Mar 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	24 Mar 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	21 Apr 2020	Company’s own	e-Äriregister

Board

Mati Vetemäe
Board member (manager) · since 9 Sep 1996

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Mati Vetemäe
Natural person · 2 556 €

100%

Beneficial owners

Mati Vetemäe
Direct ownership · since 22 Oct 2018

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

43122Land drainage and land reclamation works Main
42911Construction of water projects
81231Other cleaning activities

Rulings 6

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 20001793 / 8 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 20001793 / 7 22 Oct 2018	Amendment under Commercial Code § 525 (2)	In force 22 Oct 2018	PDF
Ä 20001793 / 6 8 Feb 2018	Amendment entry	In force 8 Feb 2018	PDF
Ä 20001793 / 5 17 Jan 2018	Amendment entry	In force 17 Jan 2018	PDF
Ä 20001793 / 4 6 Jan 2012	Amendment entry	In force 6 Jan 2012	PDF
Ä 1793 / 3 3 Dec 2008	Deletion of activities from the registry card	In force 22 Dec 2008	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data

osaühing Nivoo

Position in the industry Specialised construction activities · EMTAK 43

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 6