Osaühing ELVEKAR

Active Registry code 10890733 OÜ Tallinn Registered 13 Sep 2002

Osaühing ELVEKAR is a OÜ based in Tallinn, registry code 10890733, status: active. Main activity: Construction of utility projects for fluids. According to EMTA, turnover for Q3 2026 was €22 321 with 4 employees.

Turnover

22 321 €

↑ 2.8% vs Q2 2026

State taxes

3 662 €

↑ 154.3% vs Q2 2026

Labour taxes

1 528 €

↑ 2.3% vs Q2 2026

Employees

±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Civil engineering · EMTAK 42

Turnover · Q3 2026 22 321 €

above 31% of companies

industry median 52 240 € · companies in the industry: 1 125
Labour taxes per employee 382 €

above 2% of companies

industry median 1 750 € · companies in the industry: 933
Revenue · 2025 113 886 €

above 55% of companies

industry median 88 960 € · companies in the industry: 1 426
Net profit margin · 2025 -4.2 %

above 20% of companies

industry median 5.0 % · companies in the industry: 1 185

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 22 321 € · +2.8% vs Q2 2026 · industry median 52 240 € · above 31% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 382 € · +2.3% vs Q2 2026 · industry median 1 750 € · above 2% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 4 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 3 662 € · +154.3% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	22 321	3 662	1 528	4
Q2 2026	21 706	1 440	1 494	4
Q1 2026	18 199	1 713	1 064	4
Q4 2025	49 639	6 389	1 425	4
Q3 2025	24 114	3 800	1 425	4
Q2 2025	32 142	3 349	1 425	4
Q1 2025	9 859	1 095	544	4
Q4 2024	15 710	1 220	1 291	4
Q3 2024	19 901	2 596	1 291	4
Q2 2024	18 149	1 935	1 291	4
Q1 2024	18 825	2 128	1 010	4
Q4 2023	65 977	3 215	866	4
Q3 2023	30 810	3 717	329	4
Q2 2023	24 062	3 282	597	4
Q1 2023	28 004	1 494	1 126	4
Q4 2022	23 578	1 945	1 164	4
Q3 2022	32 254	3 878	1 054	4
Q2 2022	31 222	3 085	1 115	4
Q1 2022	4 640	812	859	4

Labour taxes per employee per month

127 €

Turnover per employee in the quarter

5 580 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 113 886 € · +61.3% vs 2024 · industry median 88 960 € · above 55% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -4 760 € · +85.2% vs 2024 · industry median 2 500 € · above 16% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -4.2 % · +41.3 pp vs the year before · industry median 5.0 % · above 20% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 69 722 € · −14.0% vs 2024

Equity, € 2025: 10 699 € · −30.8% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry

Company
Industry median

Industry: Civil engineering (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	113 886	-4 760	14 258	69 722	10 699	1
2024	70 604	-32 098	15 629	81 085	15 459	1
2023	147 620	44 287	9 032	77 191	47 557	1
2022	104 136	19	13 108	25 762	3 270	1
2021	46 094	-6 060	9 354	13 608	3 251	1
2020	74 526	-700	12 609	19 950	9 312	1
2019	87 411	6 764	12 154	25 242	10 012	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	2
2015	—	—	—	—	—	2
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	4
2010	—	—	—	—	—	4
2009	—	—	—	—	—	0
2008	—	—	—	—	—	0
2007	—	—	—	—	—	2
2006	—	—	—	—	—	2
2005	—	—	—	—	—	2
2004	—	—	—	—	—	2
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

-4.2 %

Net profit / revenue

Return on equity (ROE)

-44.5 %

Net profit / equity

Return on assets (ROA)

-6.8 %

Net profit / assets

Equity ratio

15.3 %

Equity / assets

Debt ratio

84.7 %

Liabilities / assets

Current ratio

1.73

Current assets / current liabilities

Revenue per employee

113 886 €

Revenue / average full-time employees

Labour cost per employee per month

1 188 €

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	29 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	29 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	1 Jul 2020	Company’s own	e-Äriregister

Board

Ivan Donets
Board member · since 13 Sep 2002

Right of representation

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

Owners

Ivan Donets
Natural person · 2 556 €

100%

Beneficial owners

Ivan Donets
Member of a senior management body (management or supervisory board) · since 29 Oct 2018

Founders and other persons

Dmitri Starikov
Founder · 10 000 € · 13 Sep 2002
Ivan Donets
Founder · 10 000 € · 13 Sep 2002
Svetlana Dats
Founder · 10 000 € · 13 Sep 2002
Vytautas Valičkus
Founder · 10 000 € · 13 Sep 2002

Activities (EMTAK)

42211Construction of utility projects for fluids Main
42221Construction of utility projects for electricity and telecommunications

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10067459 / 9 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10067459 / 8 17 Jan 2018	Amendment entry	In force 17 Jan 2018	PDF
Ä 10067459 / 7 8 Nov 2017	Amendment entry	In force 8 Nov 2017	PDF
Ä 10067459 / 6 16 Aug 2016	Amendment under Commercial Code § 525 (2)	In force 16 Aug 2016	PDF
Ä 10067459 / 5 2 Feb 2011	Amendment entry	In force 2 Feb 2011	PDF
Ä 10067459 / 4 18 Jun 2010	Deletion of activities from the registry card	In force 18 Jun 2010	PDF
Ä 67459 / 3 1 Sep 2003	Amendment entry	In force	PDF
Ä 67459 / 2 31 Mar 2003	Amendment entry	In force	PDF
Ä 67459 13 Sep 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