OÜ TERMIKAY

Active Registry code 10888363 OÜ Tallinn Registered 26 Aug 2002

OÜ TERMIKAY is a OÜ based in Tallinn, registry code 10888363, status: active. Main activity: Installation of insulation. According to EMTA, turnover for Q3 2026 was €184 608 with 12 employees.

Turnover

184 608 €

↓ 48.6% vs Q2 2026

State taxes

47 593 €

↓ 20.1% vs Q2 2026

Labour taxes

46 588 €

↓ 1.8% 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 184 608 €

above 90% of companies

industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee 3 882 €

above 98% of companies

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

above 98% of companies

industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 2025 2.3 %

above 44% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 184 608 € · −48.6% vs Q2 2026 · industry median 23 017 € · above 90% 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: 3 882 € · −9.9% vs Q2 2026 · industry median 1 236 € · above 98% 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: 12 · +9.1% vs Q2 2026

State taxes, € Q3 2026: 47 593 € · −20.1% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	184 608	47 593	46 588	12
Q2 2026	358 971	59 562	47 423	11
Q1 2026	342 951	55 658	52 946	12
Q4 2025	197 402	49 988	52 191	14
Q3 2025	295 544	54 948	50 324	14
Q2 2025	275 100	69 083	66 958	13
Q1 2025	186 738	64 381	60 023	18
Q4 2024	242 440	43 870	39 249	17
Q3 2024	201 982	34 455	36 428	15
Q2 2024	146 023	64 811	53 457	13
Q1 2024	185 740	54 618	30 999	14
Q4 2023	194 012	57 763	44 513	16
Q3 2023	425 942	50 370	47 144	16
Q2 2023	286 384	53 518	45 681	17
Q1 2023	315 209	72 673	50 026	16
Q4 2022	304 007	67 192	50 321	16
Q3 2022	379 955	58 141	54 510	16
Q2 2022	424 927	54 731	43 175	15
Q1 2022	351 834	37 914	34 890	19

Labour taxes per employee per month

1 294 €

Turnover per employee in the quarter

15 384 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 1 013 959 € · +39.8% vs 2024 · industry median 37 328 € · above 98% 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: 23 222 € · +141.8% vs 2024 · industry median 561 € · 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 margin, % 2025: 2.3 % · +9.9 pp vs the year before · industry median 3.9 % · above 44% 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: 211 701 € · −12.8% vs 2024

Equity, € thousand 2025: 56 241 € · +70.3% vs 2024

Employees 2025: 13 · −18.8% vs 2024 · industry median 1 · above 98% 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	1 013 959	23 222	486 909	211 701	56 241	13
2024	725 427	-55 511	442 980	242 746	33 018	16
2023	1 145 023	8 257	423 018	232 692	88 529	17
2022	1 325 315	141 669	458 775	331 783	192 272	18
2021	1 111 146	45 492	412 810	305 636	150 602	21
2020	996 668	29 444	434 042	343 894	135 110	20
2019	1 258 685	147 927	341 299	532 762	215 666	16
2018	—	—	—	—	—	18
2017	—	—	—	—	—	17
2016	—	—	—	—	—	17
2015	—	—	—	—	—	14
2014	—	—	—	—	—	9
2013	—	—	—	—	—	10
2012	—	—	—	—	—	10
2011	—	—	—	—	—	10
2010	—	—	—	—	—	8
2009	—	—	—	—	—	18
2008	—	—	—	—	—	18
2007	—	—	—	—	—	14
2006	—	—	—	—	—	13
2005	—	—	—	—	—	11
2004	—	—	—	—	—	5
2003	—	—	—	—	—	2

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

2.3 %

Net profit / revenue

Return on equity (ROE)

41.3 %

Net profit / equity

Return on assets (ROA)

11.0 %

Net profit / assets

Equity ratio

26.6 %

Equity / assets

Debt ratio

73.4 %

Liabilities / assets

Current ratio

1.00

Current assets / current liabilities

Revenue per employee

77 997 €

Revenue / average full-time employees

Labour cost per employee per month

3 121 €

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	10 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	25 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	21 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	7 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	2 Jul 2020	Company’s own	e-Äriregister

Board

Niina Kaneva
Board member · since 5 Mar 2003

Right of representation

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

Owners

Niina Kaneva
Natural person · 2 556 €

100%

Beneficial owners

Niina Kaneva
Direct ownership · since 22 Oct 2018

Founders and other persons

Nadežda Bodrenkova
Founder · 40 000 € · 26 Aug 2002
Ljubov Hopp
Audit firm · 6 Aug 2002

Activities (EMTAK)

43231Installation of insulation Main
46832Wholesale of sanitary equipment and building materials n.e.c

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10067118 / 9 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10067118 / 8 17 Jan 2018	Amendment entry	In force 17 Jan 2018	PDF
Ä 10067118 / 7 8 Nov 2017	Amendment entry	In force 8 Nov 2017	PDF
Ä 10067118 / 6 14 Sep 2016	Amendment entry	In force 14 Sep 2016	PDF
Ä 10067118 / 5 28 Mar 2011	Amendment entry	In force 28 Mar 2011	PDF
Ä 67118 / 4 5 Jan 2009	Deletion of activities from the registry card	In force 5 Jan 2009	PDF
Ä 67118 / 3 19 Sep 2003	Amendment entry	In force	PDF
Ä 67118 / 2 4 Mar 2003	Amendment entry	In force	PDF
Ä 67118 23 Aug 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