osaühing Tarmetec

Active Registry code 10322549 OÜ Tartu linn Registered 3 Dec 1997

osaühing Tarmetec is a OÜ based in Tartu linn, registry code 10322549, status: active. Main activity: Manufacture of other medical instruments and supplies. According to EMTA, turnover for Q3 2026 was €9 282 648 with 288 employees.

Turnover

9 282 648 €

↓ 10.7% vs Q2 2026

State taxes

928 910 €

↑ 17.8% vs Q2 2026

Labour taxes

947 526 €

↓ 0.1% vs Q2 2026

Employees

288

+4 vs Q2 2026

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

Position in the industry Other manufacturing · EMTAK 32

Turnover · Q3 2026 9.3 mn €

above 98% of companies

industry median 22 261 € · companies in the industry: 304
Labour taxes per employee 3 290 €

above 78% of companies

industry median 1 664 € · companies in the industry: 293
Revenue · 2025 26.7 mn €

above 98% of companies

industry median 15 630 € · companies in the industry: 668
Net profit margin · 2025 5.4 %

above 52% of companies

industry median 4.9 % · companies in the industry: 476

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 9 282 648 € · −10.7% vs Q2 2026 · industry median 22 261 € · above 98% of the industry

Company
Industry median

Industry: Other manufacturing (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 290 € · −1.5% vs Q2 2026 · industry median 1 664 € · above 78% of the industry

Company
Industry median

Industry: Other manufacturing (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 288 · +1.4% vs Q2 2026

State taxes, € thousand Q3 2026: 928 910 € · +17.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	9 282 648	928 910	947 526	288
Q2 2026	10 399 046	788 786	948 215	284
Q1 2026	9 111 872	871 360	923 859	281
Q4 2025	10 720 617	886 525	938 566	275
Q3 2025	7 933 639	869 695	925 033	262
Q2 2025	9 412 751	844 879	895 551	258
Q1 2025	8 881 357	829 350	798 581	245
Q4 2024	10 091 528	703 766	743 942	235
Q3 2024	8 161 134	776 161	787 829	224
Q2 2024	9 202 009	726 970	770 137	230
Q1 2024	8 370 294	648 160	686 238	222
Q4 2023	10 966 047	683 143	722 157	221
Q3 2023	10 154 889	740 301	731 276	222
Q2 2023	10 123 061	706 466	747 482	229
Q1 2023	9 735 256	662 213	696 692	231
Q4 2022	14 362 865	680 719	719 172	249
Q3 2022	10 943 693	683 480	684 000	246
Q2 2022	12 399 485	625 411	662 517	260
Q1 2022	9 249 964	601 515	632 223	237

Labour taxes per employee per month

1 097 €

Turnover per employee in the quarter

32 231 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 26 702 000 € · +1.8% vs 2024 · industry median 15 630 € · above 98% of the industry

Company
Industry median

Industry: Other manufacturing (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 1 430 676 € · −22.3% vs 2024 · industry median 82 € · above 98% of the industry

Company
Industry median

Industry: Other manufacturing (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 5.4 % · −1.7 pp vs the year before · industry median 4.9 % · above 52% of the industry

Company
Industry median

Industry: Other manufacturing (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 26 975 096 € · +4.9% vs 2024

Equity, € thousand 2025: 23 449 398 € · +6.5% vs 2024

Employees 2025: 231 · +10.5% vs 2024 · industry median 2 · above 98% of the industry

Company
Industry median

Industry: Other manufacturing (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	26 702 000	1 430 676	8 647 417	26 975 096	23 449 398	231
2024	26 230 000	1 841 742	7 362 372	25 703 660	22 018 722	209
2023	29 031 000	2 743 491	6 945 141	23 649 402	20 676 980	215
2022	33 976 000	4 114 043	6 856 174	22 117 236	18 183 489	225
2021	25 145 000	2 421 306	5 850 833	18 354 963	14 269 446	201
2020	20 584 000	1 070 564	5 213 021	15 875 542	11 998 140	205
2019	20 583 000	1 610 311	5 228 316	15 139 816	11 027 576	202
2018	—	—	—	—	—	204
2017	—	—	—	—	—	203
2016	—	—	—	—	—	218
2015	—	—	—	—	—	208
2014	—	—	—	—	—	229
2013	—	—	—	—	—	239
2012	—	—	—	—	—	253
2011	—	—	—	—	—	235
2010	—	—	—	—	—	138
2009	—	—	—	—	—	121
2008	—	—	—	—	—	189
2007	—	—	—	—	—	201
2006	—	—	—	—	—	143
2005	—	—	—	—	—	153
2004	—	—	—	—	—	196
2003	—	—	—	—	—	146
2002	—	—	—	—	—	100
2001	—	—	—	—	—	80
2000	—	—	—	—	—	70
1999	—	—	—	—	—	60
1998	—	—	—	—	—	60

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

4.9 %

Net profit / revenue

Return on equity (ROE)

6.1 %

Net profit / equity

Return on assets (ROA)

5.3 %

Net profit / assets

Equity ratio

86.9 %

Equity / assets

Debt ratio

13.1 %

Liabilities / assets

Current ratio

7.74

Current assets / current liabilities

Revenue per employee

126 702 €

Revenue / average full-time employees

Labour cost per employee per month

3 120 €

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	15 Jun 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	29 May 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	5 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	30 May 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	8 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	24 May 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	11 Jun 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
4	725 000 €	AS SEB Pank	28 Dec 2016 – in force
3	255 647 €	AS SEB Pank	20 Sep 2007 – in force
2	479 337 €	AS SEB Pank	10 Mar 2006 – in force
1	139 583 €	AS SEB Pank	5 Oct 1998 – in force

Board

Toomas Lepp
Board member · since 3 Dec 1997

Right of representation

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

Owners

Osaühing Ritola
Legal person · 11005288 · 38 478 €

84.77%
Andres Lepp
Natural person · 2 960 €

6.52%
Urmas Hütsi
Natural person · 2 716 €

5.98%
Andis Bulavs
Natural person · 635 €

1.40%
Ahti Savi
Natural person · 604 €

1.33%

Beneficial owners

Toomas Lepp
Direct ownership · since 14 Sep 2022

Founders and other persons

Aivo Leibur
Founder · 3 800 € · 3 Dec 1997
Andres Lepp
Founder · 3 800 € · 3 Dec 1997
Mehis Viita
Founder · 4 000 € · 3 Dec 1997
Toomas Lepp
Founder · 20 800 € · 3 Dec 1997
Tõnu Tamm
Founder · 3 800 € · 3 Dec 1997
Urmas Hütsi
Founder · 3 800 € · 3 Dec 1997

shared board members, owners or beneficial owners

Activities (EMTAK)

32509Manufacture of other medical instruments and supplies Main
25991Manufacture of other fabricated metal products n.e.c.
28221Manufacture of lifting and handling equipment
29201Manufacture of bodies and coachwork for motor vehicles
29321Manufacture of other parts and accessories for motor vehicles

Rulings 34

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20010218 / 29 27 Aug 2026	Second (constitutive) merger entry		In force 27 Aug 2026	PDF
Ä 20010218 / M5 25 Aug 2026	Procedural ruling	4 Sep 2026	Deficiencies eliminated 26 Aug 2026	PDF
Ä 20010218 / 28 1 Oct 2025	Amendment under Code of Civil Procedure § 595¹ (1)		In force 1 Oct 2025	PDF
K 20010218 / 27 26 Sep 2023	Commercial pledge amended		In force 26 Sep 2023	PDF
K 20010218 / M4 22 Sep 2023	Ruling to eliminate deficiencies	10 Oct 2023	Deficiencies eliminated 26 Sep 2023	PDF
Ä 20010218 / 26 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
K 20010218 / 25 8 Oct 2020	Commercial pledge amended		In force 8 Oct 2020	PDF
K 20010218 / 24 8 Oct 2020	Commercial pledge amended		In force 8 Oct 2020	PDF
K 20010218 / 23 8 Oct 2020	Commercial pledge amended		In force 8 Oct 2020	PDF
K 20010218 / 22 8 Oct 2020	Commercial pledge amended		In force 8 Oct 2020	PDF
K 20010218 / 21 10 Sep 2019	Commercial pledge amended (Commercial Code § 33 (7.1))		In force 10 Sep 2019	PDF
K 20010218 / 20 10 Sep 2019	Commercial pledge amended (Commercial Code § 33 (7.1))		In force 10 Sep 2019	PDF
K 20010218 / 19 10 Sep 2019	Commercial pledge amended (Commercial Code § 33 (7.1))		In force 10 Sep 2019	PDF
Ä 20010218 / 18 28 Sep 2018	Division entry (second, constitutive)		In force 28 Sep 2018	PDF
Ä 20010218 / 17 28 Sep 2018	Division entry (second, constitutive)		In force 28 Sep 2018	PDF
Ä 20010218 / M3 17 Sep 2018	Ruling to eliminate deficiencies	17 Oct 2018	Deficiencies eliminated 28 Sep 2018	PDF
Ä 20010218 / 16 9 Jul 2018	Second (constitutive) merger entry		In force 9 Jul 2018	PDF
Ä 20010218 / 15 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 20010218 / 14 22 Dec 2017	Amendment entry		In force 22 Dec 2017	PDF
Ä 20010218 / 13 3 Dec 2017	Amendment entry		In force 3 Dec 2017	PDF
K 20010218 / 12 28 Dec 2016	Commercial pledge entered		In force 28 Dec 2016	PDF
Ä 20010218 / 11 27 Dec 2016	Amendment entry		In force 27 Dec 2016	PDF
Ä 20010218 / 10 24 May 2012	Second (constitutive) merger entry		In force 24 May 2012	PDF
Ä 20010218 / 9 4 Oct 2011	Second (constitutive) merger entry		In force 4 Oct 2011	PDF
Ä 10218 / 8 3 Mar 2009	Amendment entry		In force 3 Mar 2009	PDF
Ä 10218 / M2 6 Feb 2009	Ruling to eliminate deficiencies	6 Mar 2009	In force 6 Feb 2009	PDF
Ä 10218 / 7 3 Dec 2008	Deletion of activities from the registry card		In force 20 Dec 2008	PDF
K 12155 / 4 20 Sep 2007	Commercial pledge entered		In force 20 Sep 2007	PDF
Ä 10218 / 6 17 Mar 2006	Entry refused: deficiencies not eliminated		In force 17 Mar 2006	PDF
Ä 10218 / 5 17 Mar 2006	Amendment entry		In force 17 Mar 2006	PDF
K 12155 / 3 10 Mar 2006	Commercial pledge entered		In force 10 Mar 2006	PDF
K 12155 / 2 25 Nov 2005	Compliance with Commercial Code § 33 (7.1)		In force	PDF
Ä 10218 / M1 6 Apr 2005	Ruling to eliminate deficiencies (to be served)	7 Jul 2005	In force	PDF
Ä 10218 / 4 22 Jun 2004	Amendment entry		In force	PDF

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

osaühing Tarmetec

Position in the industry Other manufacturing · EMTAK 32

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 34