Osaühing Veks VMT

Active Registry code 10478688 OÜ Tallinn Registered 31 Jul 1998

Osaühing Veks VMT is a OÜ based in Tallinn, registry code 10478688, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €9 472 with 1 employees.

Turnover

9 472 €

↓ 45.7% vs Q2 2026

State taxes

2 356 €

↑ 5.4% vs Q2 2026

Labour taxes

2 300 €

↑ 2.0% 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 9 472 €

above 26% of companies

industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee 2 300 €

above 81% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025 107 233 €

above 69% of companies

industry median 38 239 € · companies in the industry: 7 000
Net profit margin · 2025 5.0 %

above 55% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 9 472 € · −45.7% vs Q2 2026 · industry median 25 252 € · 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.

Labour taxes per employee, € Q3 2026: 2 300 € · +2.0% vs Q2 2026 · industry median 1 211 € · above 81% 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: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 2 356 € · +5.4% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	9 472	2 356	2 300	1
Q2 2026	17 446	2 235	2 255	1
Q1 2026	29 323	8 792	2 662	1
Q4 2025	31 088	4 411	2 128	1
Q3 2025	47 355	6 903	1 254	1
Q2 2025	900	2 033	1 079	—
Q1 2025	5 710	1 556	1 506	—
Q4 2024	9 981	1 519	1 490	1
Q3 2024	3 211	2 512	1 131	1
Q2 2024	552	1 070	1 135	—
Q1 2024	6 596	1 715	1 809	1
Q4 2023	62 790	1 505	1 601	1
Q3 2023	64 233	1 532	1 601	1
Q2 2023	4 392	1 643	1 739	1
Q1 2023	6 546	1 064	1 123	1
Q4 2022	—	710	748	—
Q3 2022	5 820	710	748	—
Q2 2022	—	710	748	—
Q1 2022	19 163	1 626	1 639	—

Labour taxes per employee per month

767 €

Turnover per employee in the quarter

9 472 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 107 233 € · +429.5% vs 2024 · industry median 38 239 € · above 69% 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, € 2025: 5 398 € · +6 104.6% vs 2024 · industry median 410 € · above 69% 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: 5.0 % · +4.6 pp vs the year before · industry median 3.5 % · above 55% 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, € 2025: 23 505 € · +112.3% vs 2024

Equity, € 2025: 16 470 € · +48.8% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% 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	107 233	5 398	21 525	23 505	16 470	1
2024	20 251	87	19 196	11 072	11 072	1
2023	133 001	1 576	22 097	10 985	10 985	2
2022	23 294	1 021	9 363	9 826	9 409	1
2021	30 717	380	9 208	9 572	8 385	1
2020	45 642	668	14 516	8 234	8 005	1
2019	41 281	210	7 392	7 337	7 337	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	2
2016	—	—	—	—	—	2
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	2
2010	—	—	—	—	—	2
2009	—	—	—	—	—	0
2008	—	—	—	—	—	4
2007	—	—	—	—	—	4
2006	—	—	—	—	—	4
2005	—	—	—	—	—	2
2004	—	—	—	—	—	2
2003	—	—	—	—	—	2
2002	—	—	—	—	—	1
2001	—	—	—	—	—	1

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

5.0 %

Net profit / revenue

Return on equity (ROE)

32.8 %

Net profit / equity

Return on assets (ROA)

23.0 %

Net profit / assets

Equity ratio

70.1 %

Equity / assets

Debt ratio

29.9 %

Liabilities / assets

Current ratio

3.34

Current assets / current liabilities

Revenue per employee

107 233 €

Revenue / average full-time employees

Labour cost per employee per month

1 794 €

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

Risto Karu
Board member · since 16 May 2002

Right of representation

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

Owners

Risto Karu
Natural person · 2 556 €

100%

Beneficial owners

Risto Karu
Member of a senior management body (management or supervisory board) · since 14 Jun 2026

Founders and other persons

No other persons.

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main

Rulings 8

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10027151 / 9 25 Nov 2024	Amendment under Code of Civil Procedure § 595¹ (1)	In force 25 Nov 2024	PDF
Ä 10027151 / 8 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10027151 / 7 16 Jan 2018	Amendment entry	In force 16 Jan 2018	PDF
Ä 10027151 / 6 7 Nov 2017	Amendment entry	In force 7 Nov 2017	PDF
Ä 10027151 / 5 12 Sep 2016	Amendment entry	In force 12 Sep 2016	PDF
Ä 10027151 / 4 2 Jul 2011	Amendment entry	In force 2 Jul 2011	PDF
Ä 10027151 / 3 29 Jun 2010	Deletion of activities from the registry card	In force 29 Jun 2010	PDF
Ä 27151 / 2 16 May 2002	Unpublished amendment entry	In force	PDF

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