Osaühing Variax

Active Registry code 10479417 OÜ Tallinn Registered 17 Aug 1998
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Osaühing Variax is a OÜ based in Tallinn, registry code 10479417, status: active. Main activity: Other specialised construction activities. According to EMTA, turnover for Q3 2026 was €110 480 with 8 employees.

Turnover
110 480 €
↑ 67.3% vs Q2 2026
State taxes
61 417 €
↑ 84.3% vs Q2 2026
Labour taxes
38 345 €
↑ 103.3% vs Q2 2026
Employees
8
−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 110 480 €
    industry median 23 017 € · companies in the industry: 6 974
  • Labour taxes per employee 4 793 €
    industry median 1 236 € · companies in the industry: 5 958
  • Revenue · 2025 308 059 €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 -6.0 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 110 480 € · +67.3% vs Q2 2026 · industry median 23 017 € · above 84% of the industry
050100150Q4 2023 Company: 98 655 € Industry median: 23 403 €Q4·23Q1 2024 Company: 42 190 € Industry median: 16 922 €Q2 2024 Company: 98 175 € Industry median: 18 660 €Q2·24Q3 2024 Company: 89 500 € Industry median: 21 547 €Q4 2024 Company: 115 705 € Industry median: 23 300 €Q4·24Q1 2025 Company: 100 905 € Industry median: 17 914 €Q2 2025 Company: 52 700 € Industry median: 20 215 €Q2·25Q3 2025 Company: 60 755 € Industry median: 22 700 €Q4 2025 Company: 130 599 € Industry median: 23 111 €Q4·25Q1 2026 Company: 42 920 € Industry median: 17 425 €Q2 2026 Company: 66 020 € Industry median: 20 462 €Q2·26Q3 2026 Company: 110 480 € Industry median: 23 017 €Q3·26050100150Q4 2024 Company: 115 705 € Industry median: 23 300 €Q1 2025 Company: 100 905 € Industry median: 17 914 €Q1·25Q2 2025 Company: 52 700 € Industry median: 20 215 €Q3 2025 Company: 60 755 € Industry median: 22 700 €Q3·25Q4 2025 Company: 130 599 € Industry median: 23 111 €Q1 2026 Company: 42 920 € Industry median: 17 425 €Q1·26Q2 2026 Company: 66 020 € Industry median: 20 462 €Q3 2026 Company: 110 480 € Industry median: 23 017 €Q3·26
  • 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: 4 793 € · +128.7% vs Q2 2026 · industry median 1 236 € · above 98% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 2 979 € Industry median: 1 123 €Q4·23Q1 2024 Company: 2 736 € Industry median: 1 105 €Q2 2024 Company: 2 366 € Industry median: 1 083 €Q2·24Q3 2024 Company: 3 083 € Industry median: 1 141 €Q4 2024 Company: 2 707 € Industry median: 1 178 €Q4·24Q1 2025 Company: 4 921 € Industry median: 1 177 €Q2 2025 Company: 2 465 € Industry median: 1 194 €Q2·25Q3 2025 Company: 2 698 € Industry median: 1 250 €Q4 2025 Company: 3 997 € Industry median: 1 270 €Q4·25Q1 2026 Company: 3 197 € Industry median: 1 202 €Q2 2026 Company: 2 095 € Industry median: 1 197 €Q2·26Q3 2026 Company: 4 793 € Industry median: 1 236 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 2 707 € Industry median: 1 178 €Q1 2025 Company: 4 921 € Industry median: 1 177 €Q1·25Q2 2025 Company: 2 465 € Industry median: 1 194 €Q3 2025 Company: 2 698 € Industry median: 1 250 €Q3·25Q4 2025 Company: 3 997 € Industry median: 1 270 €Q1 2026 Company: 3 197 € Industry median: 1 202 €Q1·26Q2 2026 Company: 2 095 € Industry median: 1 197 €Q3 2026 Company: 4 793 € Industry median: 1 236 €Q3·26
  • 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: 8 · −11.1% vs Q2 2026
0246810Q4 2023 Company: 10Q4·23Q1 2024 Company: 10Q2 2024 Company: 10Q2·24Q3 2024 Company: 10Q4 2024 Company: 10Q4·24Q1 2025 Company: 9Q2 2025 Company: 9Q2·25Q3 2025 Company: 9Q4 2025 Company: 9Q4·25Q1 2026 Company: 9Q2 2026 Company: 9Q2·26Q3 2026 Company: 8Q3·260246810Q4 2024 Company: 10Q1 2025 Company: 9Q1·25Q2 2025 Company: 9Q3 2025 Company: 9Q3·25Q4 2025 Company: 9Q1 2026 Company: 9Q1·26Q2 2026 Company: 9Q3 2026 Company: 8Q3·26
State taxes, € Q3 2026: 61 417 € · +84.3% vs Q2 2026
020 00040 00060 00080 000Q4 2023 Company: 46 939 €Q4·23Q1 2024 Company: 29 470 €Q2 2024 Company: 43 129 €Q2·24Q3 2024 Company: 47 495 €Q4 2024 Company: 49 957 €Q4·24Q1 2025 Company: 62 317 €Q2 2025 Company: 32 248 €Q2·25Q3 2025 Company: 36 211 €Q4 2025 Company: 64 869 €Q4·25Q1 2026 Company: 35 726 €Q2 2026 Company: 33 329 €Q2·26Q3 2026 Company: 61 417 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 49 957 €Q1 2025 Company: 62 317 €Q1·25Q2 2025 Company: 32 248 €Q3 2025 Company: 36 211 €Q3·25Q4 2025 Company: 64 869 €Q1 2026 Company: 35 726 €Q1·26Q2 2026 Company: 33 329 €Q3 2026 Company: 61 417 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 110 480 61 417 38 345 8
Q2 2026 66 020 33 329 18 859 9
Q1 2026 42 920 35 726 28 776 9
Q4 2025 130 599 64 869 35 976 9
Q3 2025 60 755 36 211 24 284 9
Q2 2025 52 700 32 248 22 186 9
Q1 2025 100 905 62 317 44 290 9
Q4 2024 115 705 49 957 27 067 10
Q3 2024 89 500 47 495 30 829 10
Q2 2024 98 175 43 129 23 663 10
Q1 2024 42 190 29 470 27 363 10
Q4 2023 98 655 46 939 29 791 10
Q3 2023 120 495 56 263 34 895 10
Q2 2023 90 585 39 298 23 473 10
Q1 2023 92 095 46 403 31 456 10
Q4 2022 104 725 43 086 24 296 10
Q3 2022 56 640 35 655 26 862 10
Q2 2022 65 445 29 160 17 874 10
Q1 2022 58 730 32 931 23 984 10
Labour taxes per employee per month
1 598 €
Turnover per employee in the quarter
13 810 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 308 059 € · −20.7% vs 2024 · industry median 37 328 € · above 87% of the industry
01002003004002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 356 325 € Industry median: 37 051 €20192020 Company: 359 680 € Industry median: 33 953 €20202021 Company: 313 905 € Industry median: 35 073 €20212022 Company: 288 115 € Industry median: 37 940 €20222023 Company: 383 710 € Industry median: 35 936 €20232024 Company: 388 560 € Industry median: 35 372 €20242025 Company: 308 059 € Industry median: 37 328 €202501002003004002018 Company: — Industry median: —2019 Company: 356 325 € Industry median: 37 051 €20192020 Company: 359 680 € Industry median: 33 953 €2021 Company: 313 905 € Industry median: 35 073 €20212022 Company: 288 115 € Industry median: 37 940 €2023 Company: 383 710 € Industry median: 35 936 €20232024 Company: 388 560 € Industry median: 35 372 €2025 Company: 308 059 € Industry median: 37 328 €2025
  • 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: -18 523 € · −190.4% vs 2024 · industry median 561 € · above 2% of the industry
-20 000-10 000010 00020 00030 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 13 258 € Industry median: 1 030 €20192020 Company: 6 121 € Industry median: 507 €20202021 Company: -5 367 € Industry median: 785 €20212022 Company: -16 447 € Industry median: 823 €20222023 Company: 4 402 € Industry median: 581 €20232024 Company: 20 496 € Industry median: 432 €20242025 Company: -18 523 € Industry median: 561 €2025-20 000-10 000010 00020 00030 0002018 Company: — Industry median: —2019 Company: 13 258 € Industry median: 1 030 €20192020 Company: 6 121 € Industry median: 507 €2021 Company: -5 367 € Industry median: 785 €20212022 Company: -16 447 € Industry median: 823 €2023 Company: 4 402 € Industry median: 581 €20232024 Company: 20 496 € Industry median: 432 €2025 Company: -18 523 € Industry median: 561 €2025
  • 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: -6.0 % · −11.3 pp vs the year before · industry median 3.9 % · above 20% of the industry
-8-5-303582016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3.7 % Industry median: 5.3 %20192020 Company: 1.7 % Industry median: 4.1 %20202021 Company: -1.7 % Industry median: 4.7 %20212022 Company: -5.7 % Industry median: 4.8 %20222023 Company: 1.1 % Industry median: 4.4 %20232024 Company: 5.3 % Industry median: 3.4 %20242025 Company: -6.0 % Industry median: 3.9 %2025-8-5-303582018 Company: — Industry median: —2019 Company: 3.7 % Industry median: 5.3 %20192020 Company: 1.7 % Industry median: 4.1 %2021 Company: -1.7 % Industry median: 4.7 %20212022 Company: -5.7 % Industry median: 4.8 %2023 Company: 1.1 % Industry median: 4.4 %20232024 Company: 5.3 % Industry median: 3.4 %2025 Company: -6.0 % Industry median: 3.9 %2025
  • 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: 134 916 € · −30.1% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 157 762 €20192020 Company: 162 998 €20202021 Company: 128 413 €20212022 Company: 117 342 €20222023 Company: 131 529 €20232024 Company: 192 973 €20242025 Company: 134 916 €20250501001502002018 Company: —2019 Company: 157 762 €20192020 Company: 162 998 €2021 Company: 128 413 €20212022 Company: 117 342 €2023 Company: 131 529 €20232024 Company: 192 973 €2025 Company: 134 916 €2025
Equity, € thousand 2025: 64 502 € · −22.3% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 93 971 €20192020 Company: 100 092 €20202021 Company: 74 574 €20212022 Company: 58 127 €20222023 Company: 62 529 €20232024 Company: 83 025 €20242025 Company: 64 502 €202502550751001252018 Company: —2019 Company: 93 971 €20192020 Company: 100 092 €2021 Company: 74 574 €20212022 Company: 58 127 €2023 Company: 62 529 €20232024 Company: 83 025 €2025 Company: 64 502 €2025
Employees 2025: 9 · −10.0% vs 2024 · industry median 1 · above 93% of the industry
035810132016 Company: 11 Industry median: —20162017 Company: 12 Industry median: —20172018 Company: 12 Industry median: 220182019 Company: 10 Industry median: 220192020 Company: 10 Industry median: 220202021 Company: 10 Industry median: 220212022 Company: 10 Industry median: 220222023 Company: 10 Industry median: 120232024 Company: 10 Industry median: 120242025 Company: 9 Industry median: 12025035810132018 Company: 12 Industry median: 22019 Company: 10 Industry median: 220192020 Company: 10 Industry median: 22021 Company: 10 Industry median: 220212022 Company: 10 Industry median: 22023 Company: 10 Industry median: 120232024 Company: 10 Industry median: 12025 Company: 9 Industry median: 12025
  • 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 308 059 -18 523 272 061 134 916 64 502 9
2024 388 560 20 496 291 545 192 973 83 025 10
2023 383 710 4 402 299 595 131 529 62 529 10
2022 288 115 -16 447 233 161 117 342 58 127 10
2021 313 905 -5 367 252 200 128 413 74 574 10
2020 359 680 6 121 286 821 162 998 100 092 10
2019 356 325 13 258 263 294 157 762 93 971 10
2018 — — — — — 12
2017 — — — — — 12
2016 — — — — — 11
2015 — — — — — 10
2014 — — — — — 10
2013 — — — — — 10
2012 — — — — — 10
2011 — — — — — 10
2010 — — — — — 14
2009 — — — — — 16
2008 — — — — — 0
2007 — — — — — 16
2006 — — — — — 14
2005 — — — — — 15
2004 — — — — — 16
2003 — — — — — 16
2002 — — — — — 15
2001 — — — — — 15
2000 — — — — — 15
1999 — — — — — 14
1998 — — — — — 14
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
-6.0 %
Net profit / revenue
Return on equity (ROE)
-28.7 %
Net profit / equity
Return on assets (ROA)
-13.7 %
Net profit / assets
Equity ratio
47.8 %
Equity / assets
Debt ratio
52.2 %
Liabilities / assets
Current ratio
1.69
Current assets / current liabilities
Revenue per employee
34 229 €
Revenue / average full-time employees
Labour cost per employee per month
2 519 €
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 7 May 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 20 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 27 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 29 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 28 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 17 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 29 Jun 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

  • Arvo Otsepp
    Direct ownership · since 10 Sep 2018
  • Ele Toomik
    Member of a senior management body (management or supervisory board) · since 10 Sep 2018
  • Margus Laas
    Direct ownership · since 10 Sep 2018
  • Mati Rebo
    Member of a senior management body (management or supervisory board) · since 10 Sep 2018
  • Merike Roosbaum
    Direct ownership · since 10 Sep 2018
  • Piret Rätsep
    Direct ownership · since 10 Sep 2018
  • Tiia Turu
    Direct ownership · since 10 Sep 2018
  • Tiit Treimann
    Direct ownership · since 10 Sep 2018
  • Toomas Aibast
    Member of a senior management body (management or supervisory board) · since 10 Sep 2018
  • Urmas Jesmin
    Direct ownership · since 10 Sep 2018

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 43999Other specialised construction activities Main
Rulings
Number, date Title Deadline State Document
Ä 10026668 / 15
30 Jun 2026
Amendment entry In force
30 Jun 2026
PDF
Ä 10026668 / M4
12 Jun 2026
Ruling to eliminate deficiencies 27 Jun 2026 Deficiencies eliminated
30 Jun 2026
PDF
Ä 10026668 / 14
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10026668 / 13
26 Jun 2018
Amendment entry In force
26 Jun 2018
PDF
Ä 10026668 / 12
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10026668 / 11
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10026668 / 10
13 Jan 2016
Amendment entry In force
13 Jan 2016
PDF
Ä 10026668 / 9
17 Dec 2012
Amendment entry In force
17 Dec 2012
PDF
Ä 10026668 / 8
10 Dec 2012
Entry refused: deficiencies not eliminated In force
10 Dec 2012
PDF
Ä 10026668 / 7
6 Dec 2012
Entry refused: deficiencies not eliminated In force
10 Dec 2012
PDF
Ä 10026668 / M3
1 Nov 2012
Ruling to eliminate deficiencies 1 Dec 2012 In force
1 Nov 2012
PDF
Ä 10026668 / M2
2 Jan 2012
Ruling to eliminate deficiencies In force
2 Jan 2012
PDF
Ä 10026668 / 6
2 Jan 2012
Amendment entry In force
2 Jan 2012
PDF
Ä 26668 / 5
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
Ä 26668 / 4
4 Jul 2006
Amendment entry In force
4 Jul 2006
PDF
Ä 26668 / 3
27 Oct 2003
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