Osaühing Salmark

Active Registry code 10721901 OÜ Elva linn Registered 25 Jan 2001

Osaühing Salmark is a OÜ based in Elva linn, registry code 10721901, status: active. Main activity: Other building completion and finishing. According to EMTA, turnover for Q3 2026 was €108 115 with 9 employees.

Turnover

108 115 €

↑ 87.7% vs Q2 2026

State taxes

5 904 €

↓ 48.9% vs Q2 2026

Labour taxes

5 197 €

↓ 48.0% 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 108 115 €

above 84% of companies

industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee 577 €

above 15% of companies

industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025 299 761 €

above 87% of companies

industry median 37 320 € · companies in the industry: 10 312
Net profit margin · 2025 0.2 %

above 32% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 108 115 € · +87.7% vs Q2 2026 · industry median 23 017 € · above 84% 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: 577 € · −48.0% vs Q2 2026 · industry median 1 236 € · above 15% 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: 9 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 5 904 € · −48.9% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	108 115	5 904	5 197	9
Q2 2026	57 604	11 547	10 001	9
Q1 2026	52 985	4 732	4 087	9
Q4 2025	50 361	17 483	10 790	8
Q3 2025	133 961	14 791	9 250	9
Q2 2025	55 948	12 644	8 977	10
Q1 2025	61 676	15 445	9 609	9
Q4 2024	104 826	10 061	8 538	8
Q3 2024	67 663	7 355	6 196	8
Q2 2024	96 858	9 979	9 076	8
Q1 2024	62 895	18 354	13 162	8
Q4 2023	106 521	7 306	7 721	8
Q3 2023	60 905	17 252	10 437	9
Q2 2023	104 984	17 931	12 307	8
Q1 2023	95 879	7 685	2 756	8
Q4 2022	113 551	12 381	7 819	7
Q3 2022	79 430	15 018	9 552	6
Q2 2022	105 301	11 909	4 909	7
Q1 2022	61 178	10 436	6 413	5

Labour taxes per employee per month

192 €

Turnover per employee in the quarter

12 013 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 299 761 € · −5.1% vs 2024 · industry median 37 320 € · above 87% 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: 720 € · −78.1% vs 2024 · industry median 561 € · above 51% 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: 0.2 % · −0.8 pp vs the year before · industry median 3.9 % · above 32% 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: 406 267 € · +7.0% vs 2024

Equity, € thousand 2025: 114 696 € · −0.7% vs 2024

Employees 2025: 8 · −11.1% vs 2024 · industry median 1 · above 92% 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	299 761	720	109 260	406 267	114 696	8
2024	315 970	3 293	109 664	379 545	115 544	9
2023	360 180	4 863	114 911	319 013	112 251	8
2022	374 510	8 268	74 825	234 835	106 191	6
2021	305 574	8 790	75 473	231 263	97 923	7
2020	378 134	10 472	68 357	188 611	89 133	9
2019	376 519	1 297	103 677	218 672	78 661	9
2018	—	—	—	—	—	11
2017	—	—	—	—	—	10
2016	—	—	—	—	—	10
2015	—	—	—	—	—	10
2014	—	—	—	—	—	11
2013	—	—	—	—	—	11
2012	—	—	—	—	—	11
2011	—	—	—	—	—	10
2010	—	—	—	—	—	8
2009	—	—	—	—	—	10
2008	—	—	—	—	—	20
2007	—	—	—	—	—	21
2006	—	—	—	—	—	20
2005	—	—	—	—	—	16
2004	—	—	—	—	—	17
2003	—	—	—	—	—	17
2002	—	—	—	—	—	16
2001	—	—	—	—	—	12

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

0.2 %

Net profit / revenue

Return on equity (ROE)

0.6 %

Net profit / equity

Return on assets (ROA)

0.2 %

Net profit / assets

Equity ratio

28.2 %

Equity / assets

Debt ratio

71.8 %

Liabilities / assets

Current ratio

0.92

Current assets / current liabilities

Revenue per employee

37 470 €

Revenue / average full-time employees

Labour cost per employee per month

1 138 €

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	22 Jul 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	24 Jul 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	7 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	17 Aug 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	18 Jul 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	27 Jul 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	15 Oct 2020	Company’s own	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
1	1 000 000 EEK	AS Hansapank	19 Jan 2004 – in force

Board

Argo Mägi
Board member · since 8 Mar 2001

Right of representation

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

Owners

Argo Mägi
Natural person · 40 200 €

100%

Beneficial owners

Argo Mägi
Direct ownership · since 8 Oct 2018

Founders and other persons

Osaühing Riverde
Founder · 40 200 € · 25 Jan 2001

Activities (EMTAK)

43351Other building completion and finishing Main

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20052050 / 4 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 20052050 / 3 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 20052050 / 2 6 Dec 2017	Amendment entry		In force 6 Dec 2017	PDF
Ä 20052050 4 Dec 2017	Amendment entry		In force 4 Dec 2017	PDF
Ä 30014922 / 4 7 May 2010	Amendment entry		In force 7 May 2010	PDF
K 30018997 / 2 7 May 2010	Change of registry district		In force 7 May 2010	PDF
Ä 30014922 / M1 3 May 2010	Ruling to eliminate deficiencies	3 Jun 2010	In force 3 May 2010	PDF
Ä 14922 / 3 3 Dec 2008	Deletion of activities from the registry card		In force 3 Dec 2008	PDF
K 18997 19 Jan 2004	Commercial pledge entered		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data