OÜ TEVO

Active Registry code 10191231 OÜ Tartu linn Registered 20 Feb 1997

OÜ TEVO is a OÜ based in Tartu linn, registry code 10191231, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €194 647 with 6 employees.

Turnover

194 647 €

↑ 434.3% vs Q2 2026

State taxes

20 659 €

↑ 110.6% vs Q2 2026

Labour taxes

6 212 €

↓ 6.1% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

Turnover · Q3 2026 194 647 €

above 87% of companies

industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee 1 035 €

above 36% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025 427 885 €

above 87% of companies

industry median 38 239 € · companies in the industry: 7 000
Net profit margin · 2025 -2.0 %

above 26% of companies

industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 194 647 € · +434.3% vs Q2 2026 · industry median 25 252 € · above 87% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 035 € · −6.1% vs Q2 2026 · industry median 1 211 € · above 36% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 6 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 20 659 € · +110.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	194 647	20 659	6 212	6
Q2 2026	36 430	9 808	6 615	6
Q1 2026	19 472	6 006	6 554	6
Q4 2025	120 840	13 060	6 569	6
Q3 2025	235 332	18 506	6 569	6
Q2 2025	32 897	9 753	6 569	6
Q1 2025	57 421	7 170	6 497	6
Q4 2024	207 627	11 469	6 348	6
Q3 2024	400 664	26 578	6 435	6
Q2 2024	120 117	11 450	6 386	6
Q1 2024	90 134	11 374	6 386	6
Q4 2023	159 926	10 065	6 198	6
Q3 2023	415 165	17 243	6 091	6
Q2 2023	206 752	6 289	6 091	6
Q1 2023	87 988	9 193	6 084	6
Q4 2022	204 418	18 216	5 998	6
Q3 2022	170 084	8 709	5 437	6
Q2 2022	176 882	11 822	5 373	6
Q1 2022	117 735	16 171	5 428	6

Labour taxes per employee per month

345 €

Turnover per employee in the quarter

32 441 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 427 885 € · −50.8% vs 2024 · industry median 38 239 € · above 87% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -8 422 € · −137.8% vs 2024 · industry median 410 € · above 12% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -2.0 % · −4.5 pp vs the year before · industry median 3.5 % · above 26% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 178 781 € · −19.4% vs 2024

Equity, € thousand 2025: 144 881 € · −5.5% vs 2024

Employees 2025: 3 · +0.0% vs 2024 · industry median 2 · above 65% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (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	427 885	-8 422	76 160	178 781	144 881	3
2024	870 086	22 303	73 088	221 730	153 303	3
2023	814 290	-32 882	71 698	194 917	131 000	3
2022	647 980	-9 872	68 075	189 756	163 882	3
2021	984 872	7 069	57 456	230 631	173 754	3
2020	267 592	-186 124	58 742	278 944	166 685	3
2019	1 581 390	163 863	55 104	417 096	352 810	3
2018	—	—	—	—	—	3
2017	—	—	—	—	—	3
2016	—	—	—	—	—	5
2015	—	—	—	—	—	7
2014	—	—	—	—	—	7
2013	—	—	—	—	—	8
2012	—	—	—	—	—	13
2011	—	—	—	—	—	12
2010	—	—	—	—	—	14
2009	—	—	—	—	—	13
2008	—	—	—	—	—	18
2007	—	—	—	—	—	18
2006	—	—	—	—	—	18
2005	—	—	—	—	—	18
2004	—	—	—	—	—	19
2003	—	—	—	—	—	20
2002	—	—	—	—	—	20
2001	—	—	—	—	—	21
2000	—	—	—	—	—	21
1999	—	—	—	—	—	45
1998	—	—	—	—	—	56
1997	—	—	—	—	—	69

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

-2.0 %

Net profit / revenue

Return on equity (ROE)

-5.8 %

Net profit / equity

Return on assets (ROA)

-4.7 %

Net profit / assets

Equity ratio

81.0 %

Equity / assets

Debt ratio

19.0 %

Liabilities / assets

Current ratio

5.06

Current assets / current liabilities

Revenue per employee

142 628 €

Revenue / average full-time employees

Labour cost per employee per month

2 116 €

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	16 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	4 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	28 Feb 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	17 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	25 Apr 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	26 May 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	10 Mar 2020	Company’s own	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
1	1 200 000 EEK	Aktsiaselts SEB Eesti Ühispank	19 Sep 1997 – in force

Board

Kalev Pärn
Board member · since 16 Dec 1999
Toomas Rätsep
Board member · since 3 Jul 2003

Right of representation

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

Owners

Mare Karm
Natural person · 9 700 €

33.33%
Kalev Pärn
Natural person · 9 700 €

33.33%
Toomas Rätsep
Natural person · 9 700 €

33.33%

Beneficial owners

Kalev Pärn
Direct ownership · since 9 Oct 2018
Mare Karm
Direct ownership · since 9 Oct 2018
Toomas Rätsep
Direct ownership · since 9 Oct 2018

Founders and other persons

Monika Karniol
Audit firm · 23 Dec 1996

shared board members, owners or beneficial owners

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main
49411Freight transport by road

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 20003242 / 11 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 20003242 / 10 21 Feb 2018	Amendment entry	In force 21 Feb 2018	PDF
Ä 20003242 / 9 17 Jan 2018	Amendment entry	In force 17 Jan 2018	PDF
Ä 20003242 / 8 24 May 2011	Transformation entry without a new registry card	In force 24 May 2011	PDF
Ä 20003242 / M3 13 Apr 2011	Ruling to eliminate deficiencies	In force 13 Apr 2011	PDF
Ä 3242 / 7 3 Dec 2008	Deletion of activities from the registry card	In force 21 Dec 2008	PDF
K 9271 / 2 7 Dec 2005	Compliance with Commercial Code § 33 (7.1)	In force	PDF
Ä 3242 / 6 3 Jul 2003	Amendment entry	In force	PDF
Ä 3242 / 5 31 Oct 2002	Entry decision on the register’s own initiative	In force	PDF

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

OÜ TEVO

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 9