Osaühing KARLMARK

Active Registry code 10871026 OÜ Tallinn Registered 29 May 2002

Osaühing KARLMARK is a OÜ based in Tallinn, registry code 10871026, status: active. Main activity: Electrical installation work. According to EMTA, turnover for Q3 2026 was €63 629 with 5 employees.

Turnover

63 629 €

↓ 11.8% vs Q2 2026

State taxes

22 575 €

↓ 12.5% vs Q2 2026

Labour taxes

15 716 €

↑ 2.5% vs Q2 2026

Employees

−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 63 629 €

above 75% of companies

industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee 3 143 €

above 91% of companies

industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025 316 671 €

above 88% of companies

industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 2025 2.4 %

above 45% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 63 629 € · −11.8% vs Q2 2026 · industry median 23 017 € · above 75% 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: 3 143 € · +23.0% vs Q2 2026 · industry median 1 236 € · above 91% 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: 5 · −16.7% vs Q2 2026

State taxes, € Q3 2026: 22 575 € · −12.5% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	63 629	22 575	15 716	5
Q2 2026	72 124	25 806	15 333	6
Q1 2026	85 764	28 849	16 652	6
Q4 2025	73 350	31 349	19 250	6
Q3 2025	124 353	34 146	16 228	7
Q2 2025	66 568	19 940	14 271	6
Q1 2025	96 854	26 249	14 655	6
Q4 2024	112 795	23 917	15 063	6
Q3 2024	111 708	30 652	13 168	6
Q2 2024	33 874	7 916	6 964	6
Q1 2024	27 438	14 989	14 903	5
Q4 2023	144 133	30 605	17 340	7
Q3 2023	151 109	30 075	18 141	7
Q2 2023	86 566	16 243	10 882	7
Q1 2023	50 494	14 274	9 974	6
Q4 2022	67 541	17 891	10 485	6
Q3 2022	61 776	16 564	10 536	6
Q2 2022	57 280	15 259	11 949	6
Q1 2022	109 969	25 492	11 482	6

Labour taxes per employee per month

1 048 €

Turnover per employee in the quarter

12 726 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 316 671 € · −4.4% vs 2024 · industry median 37 328 € · 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, € thousand 2025: 7 545 € · −67.9% vs 2024 · industry median 561 € · above 73% 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: 2.4 % · −4.7 pp vs the year before · industry median 3.9 % · above 45% 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: 600 294 € · −0.0% vs 2024

Equity, € thousand 2025: 557 864 € · +1.4% vs 2024

Employees 2025: 6 · +20.0% vs 2024 · industry median 1 · 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.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	316 671	7 545	152 362	600 294	557 864	6
2024	331 165	23 522	117 777	600 489	550 319	5
2023	429 914	-13 549	149 733	564 379	526 797	6
2022	260 331	11 161	107 937	567 132	540 346	4
2021	317 217	39 956	111 356	565 967	529 185	4
2020	291 619	3 091	112 378	511 008	489 229	6
2019	465 894	126 177	143 548	535 070	486 138	7
2018	—	—	—	—	—	5
2017	—	—	—	—	—	7
2016	—	—	—	—	—	5
2015	—	—	—	—	—	6
2014	—	—	—	—	—	6
2013	—	—	—	—	—	3
2012	—	—	—	—	—	3
2011	—	—	—	—	—	3
2010	—	—	—	—	—	3
2009	—	—	—	—	—	0
2008	—	—	—	—	—	7
2007	—	—	—	—	—	7
2006	—	—	—	—	—	4
2005	—	—	—	—	—	4
2004	—	—	—	—	—	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

2.4 %

Net profit / revenue

Return on equity (ROE)

1.4 %

Net profit / equity

Return on assets (ROA)

1.3 %

Net profit / assets

Equity ratio

92.9 %

Equity / assets

Debt ratio

7.1 %

Liabilities / assets

Current ratio

12.79

Current assets / current liabilities

Revenue per employee

52 779 €

Revenue / average full-time employees

Labour cost per employee per month

2 116 €

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	29 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	18 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	19 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	27 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	9 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	15 Jun 2020	Company’s own	e-Äriregister

Board

Marko Hälvin
Board member · since 29 May 2002

Right of representation

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

Owners

Marko Hälvin
Natural person · 2 556 €

100%

Beneficial owners

Marko Hälvin
Direct ownership · since 29 May 2019

Founders and other persons

Marko Hälvin
Founder · 40 000 € · 29 May 2002

shared board members, owners or beneficial owners

Activities (EMTAK)

43211Electrical installation work Main

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10065591 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10065591 / 7 20 Feb 2018	Amendment entry		In force 20 Feb 2018	PDF
Ä 10065591 / 6 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10065591 / 5 10 Mar 2011	Amendment entry		In force 10 Mar 2011	PDF
Ä 10065591 / M3 11 Feb 2011	Ruling to eliminate deficiencies	11 Mar 2011	In force 11 Feb 2011	PDF
Ä 65591 / M2 18 Mar 2009	Ruling to be served		In force 18 Mar 2009	PDF
Ä 65591 / 4 6 Jan 2009	Amendment entry		In force 6 Jan 2009	PDF
Ä 65591 / 3 5 Jan 2009	Deletion of activities from the registry card		In force 6 Jan 2009	PDF
Ä 65591 / 2 29 Sep 2006	Amendment entry		In force 29 Sep 2006	PDF
Ä 65591 / M1 20 Sep 2006	Ruling to eliminate deficiencies (to be served)	25 Oct 2006	In force 20 Sep 2006	PDF
Ä 65591 29 May 2002	First entry		In force	PDF

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

Osaühing KARLMARK

Position in the industry Specialised construction activities · EMTAK 43

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 11