Madis Jäetma OÜ

Active Registry code 10238665 OÜ Kuusalu küla Registered 22 Aug 1997

Madis Jäetma OÜ is a OÜ based in Kuusalu küla, registry code 10238665, status: active. Main activity: Site formation and clearance work. According to EMTA, turnover for Q3 2026 was €52 001 with 2 employees.

Turnover

52 001 €

↑ 45.4% vs Q2 2026

State taxes

12 234 €

↑ 52.9% vs Q2 2026

Labour taxes

4 357 €

↑ 25.7% vs Q2 2026

Employees

±0 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 52 001 €

above 71% of companies

industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee 2 179 €

above 78% of companies

industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025 177 478 €

above 81% of companies

industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 2025 14.8 %

above 72% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 52 001 € · +45.4% vs Q2 2026 · industry median 23 017 € · above 71% 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: 2 179 € · +25.7% vs Q2 2026 · industry median 1 236 € · above 78% 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: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 12 234 € · +52.9% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	52 001	12 234	4 357	2
Q2 2026	35 755	8 003	3 467	2
Q1 2026	34 485	8 879	4 239	2
Q4 2025	63 084	14 108	4 923	2
Q3 2025	38 873	9 136	4 786	3
Q2 2025	43 551	7 086	2 956	3
Q1 2025	21 271	1 423	2 523	2
Q4 2024	66 460	10 309	3 018	2
Q3 2024	42 046	6 659	2 508	2
Q2 2024	36 439	6 680	2 231	2
Q1 2024	25 673	5 357	2 450	2
Q4 2023	54 983	5 440	2 117	2
Q3 2023	17 586	3 889	2 344	2
Q2 2023	62 084	7 145	2 474	2
Q1 2023	17 626	3 124	2 303	2
Q4 2022	41 292	7 340	3 164	2
Q3 2022	41 688	6 823	2 835	2
Q2 2022	42 321	5 585	2 619	2
Q1 2022	6 761	2 695	2 151	2

Labour taxes per employee per month

726 €

Turnover per employee in the quarter

26 001 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 177 478 € · +16.0% vs 2024 · industry median 37 328 € · above 81% 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, € 2025: 26 290 € · +72.8% vs 2024 · industry median 561 € · 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.

Net profit margin, % 2025: 14.8 % · +4.9 pp vs the year before · industry median 3.9 % · above 72% 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: 166 245 € · +48.4% vs 2024

Equity, € thousand 2025: 128 262 € · +25.8% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · industry median 1 · above 55% 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	177 478	26 290	44 847	166 245	128 262	2
2024	152 944	15 215	32 606	111 995	101 972	2
2023	130 996	-11 640	28 106	109 329	91 758	2
2022	134 489	-24 710	29 140	146 109	103 398	2
2021	146 503	11 546	24 430	188 743	128 108	2
2020	120 812	-11 260	22 030	208 921	116 562	2
2019	125 904	-4 332	38 310	254 922	130 880	3
2018	—	—	—	—	—	3
2017	—	—	—	—	—	3
2016	—	—	—	—	—	3
2015	—	—	—	—	—	2
2014	—	—	—	—	—	3
2013	—	—	—	—	—	3
2012	—	—	—	—	—	2
2011	—	—	—	—	—	2
2010	—	—	—	—	—	1
2009	—	—	—	—	—	1
2008	—	—	—	—	—	1
2007	—	—	—	—	—	1
2006	—	—	—	—	—	1
2005	—	—	—	—	—	2
2004	—	—	—	—	—	2
2003	—	—	—	—	—	3
2002	—	—	—	—	—	2
2001	—	—	—	—	—	2
2000	—	—	—	—	—	2
1999	—	—	—	—	—	3
1998	—	—	—	—	—	3
1997	—	—	—	—	—	3

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

14.4 %

Net profit / revenue

Return on equity (ROE)

20.5 %

Net profit / equity

Return on assets (ROA)

15.8 %

Net profit / assets

Equity ratio

77.2 %

Equity / assets

Debt ratio

22.8 %

Liabilities / assets

Current ratio

3.98

Current assets / current liabilities

Revenue per employee

91 564 €

Revenue / average full-time employees

Labour cost per employee per month

1 869 €

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	30 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	30 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	30 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	30 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Jun 2020	Company’s own	e-Äriregister

Board

Madis Jäetma
Board member · since 22 Aug 1997

Right of representation

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

Owners

Madis Jäetma
Natural person · 2 556 €

100%

Beneficial owners

Madis Jäetma
Direct ownership · since 21 Oct 2018

Founders and other persons

No other persons.

Activities (EMTAK)

43121Site formation and clearance work Main
43122Land drainage and land reclamation works

Rulings 7

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10015880 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10015880 / 7 14 Feb 2018	Amendment entry		In force 14 Feb 2018	PDF
Ä 10015880 / 6 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10015880 / 5 3 Jan 2012	Amendment entry		In force 3 Jan 2012	PDF
Ä 10015880 / M1 25 Nov 2011	Ruling to eliminate deficiencies	28 Dec 2011	In force 25 Nov 2011	PDF
Ä 10015880 / 4 13 Nov 2011	Amendment under Commercial Code § 525 (2)		In force 13 Nov 2011	PDF
Ä 10015880 / 3 7 Jun 2010	Deletion of activities from the registry card		In force 7 Jun 2010	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data