osaühing EESTI VILLA- JA NAHATÖÖSTUS

Active Registry code 10942068 OÜ Tartu linn Registered 24 Apr 2003

osaühing EESTI VILLA- JA NAHATÖÖSTUS is a OÜ based in Tartu linn, registry code 10942068, status: active. Main activity: Manufacture of other articles of leather and related products, of any material. According to EMTA, turnover for Q3 2026 was €56 693 with 4 employees.

Turnover

56 693 €

↑ 65.2% vs Q2 2026

State taxes

18 573 €

↑ 86.6% vs Q2 2026

Labour taxes

8 829 €

↑ 29.9% vs Q2 2026

Employees

−1 vs Q2 2026

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

Position in the industry Manufacture of leather and related products of other materials · EMTAK 15

Turnover · Q3 2026 56 693 €

above 80% of companies

industry median 13 698 € · companies in the industry: 52
Labour taxes per employee 2 207 €

above 87% of companies

industry median 1 234 € · companies in the industry: 40
Revenue · 2025 198 279 €

above 86% of companies

industry median 7 384 € · companies in the industry: 106
Net profit margin · 2025 15.4 %

above 82% of companies

industry median 2.3 % · companies in the industry: 73

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 56 693 € · +65.2% vs Q2 2026 · industry median 13 698 € · above 80% of the industry

Company
Industry median

Industry: Manufacture of leather and related products of other materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 207 € · +62.4% vs Q2 2026 · industry median 1 234 € · above 87% of the industry

Company
Industry median

Industry: Manufacture of leather and related products of other materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 4 · −20.0% vs Q2 2026

State taxes, € Q3 2026: 18 573 € · +86.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	56 693	18 573	8 829	4
Q2 2026	34 323	9 953	6 795	5
Q1 2026	63 341	5 299	1 817	5
Q4 2025	62 153	15 817	6 725	5
Q3 2025	62 820	18 056	7 962	5
Q2 2025	34 283	14 240	8 080	4
Q1 2025	58 145	5 146	4 060	5
Q4 2024	63 454	8 828	5 328	5
Q3 2024	85 775	17 303	6 808	5
Q2 2024	49 026	11 727	6 092	5
Q1 2024	67 006	6 120	4 050	5
Q4 2023	64 937	12 358	6 028	5
Q3 2023	68 470	12 832	6 303	5
Q2 2023	44 160	8 383	5 700	5
Q1 2023	56 331	11 672	5 497	5
Q4 2022	110 626	18 795	4 305	5
Q3 2022	64 875	10 813	3 937	5
Q2 2022	24 381	5 595	4 063	5
Q1 2022	58 408	8 401	3 610	5

Labour taxes per employee per month

736 €

Turnover per employee in the quarter

14 173 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 198 279 € · −2.4% vs 2024 · industry median 7 384 € · above 86% of the industry

Company
Industry median

Industry: Manufacture of leather and related products of other materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 30 566 € · +57.4% vs 2024 · industry median 7 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of leather and related products of other materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 15.4 % · +5.9 pp vs the year before · industry median 2.3 % · above 82% of the industry

Company
Industry median

Industry: Manufacture of leather and related products of other materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 413 131 € · +13.3% vs 2024

Equity, € thousand 2025: 373 748 € · +8.9% vs 2024

Employees 2025: 4 · +0.0% vs 2024 · industry median 2 · above 70% of the industry

Company
Industry median

Industry: Manufacture of leather and related products of other materials (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	198 279	30 566	64 309	413 131	373 748	4
2024	203 159	19 419	64 951	364 687	343 181	4
2023	187 058	38 937	66 050	349 067	323 761	4
2022	224 306	95 280	50 366	328 170	284 824	5
2021	126 548	79 960	26 300	235 355	189 544	4
2020	75 514	176	28 353	159 267	109 583	4
2019	209 769	51 794	61 472	141 453	109 407	5
2018	—	—	—	—	—	6
2017	—	—	—	—	—	5
2016	—	—	—	—	—	4
2015	—	—	—	—	—	3
2014	—	—	—	—	—	3
2013	—	—	—	—	—	3
2012	—	—	—	—	—	2
2011	—	—	—	—	—	2
2010	—	—	—	—	—	0
2009	—	—	—	—	—	1
2008	—	—	—	—	—	1
2007	—	—	—	—	—	1
2006	—	—	—	—	—	1
2005	—	—	—	—	—	0
2004	—	—	—	—	—	0
2003	—	—	—	—	—	0

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

15.4 %

Net profit / revenue

Return on equity (ROE)

8.2 %

Net profit / equity

Return on assets (ROA)

7.4 %

Net profit / assets

Equity ratio

90.5 %

Equity / assets

Debt ratio

9.5 %

Liabilities / assets

Current ratio

10.25

Current assets / current liabilities

Revenue per employee

49 570 €

Revenue / average full-time employees

Labour cost per employee per month

1 340 €

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	16 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	28 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	28 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	18 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	26 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	29 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	12 Apr 2020	Company’s own	e-Äriregister

Board

Liisa-Lota Kaivo
Board member · since 24 Apr 2003
Nils-Naatan Kaivo
Board member · since 24 Apr 2003
Tuuli Ermel
Board member · since 24 Apr 2003

Right of representation

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

Owners

Nils-Naatan Kaivo
Natural person · 14 000 €

35%
Tuuli Ermel
Natural person · 13 000 €

32.50%
Liisa-Lota Kaivo
Natural person · 13 000 €

32.50%

Beneficial owners

Liisa-Lota Kaivo
Direct ownership · since 29 Oct 2018
Nils-Naatan Kaivo
Direct ownership · since 29 Oct 2018
Tuuli Ermel
Direct ownership · since 29 Oct 2018

Founders and other persons

Liisa-Lota Kaivo
Founder · 13 000 € · 24 Apr 2003
Nils-Naatan Kaivo
Founder · 14 000 € · 24 Apr 2003
Tuuli Ermel
Founder · 13 000 € · 24 Apr 2003

shared board members, owners or beneficial owners

Activities (EMTAK)

15129Manufacture of other articles of leather and related products, of any material Main

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20024551 / 6 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 20024551 / 5 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 20024551 / 4 19 Dec 2017	Amendment entry		In force 19 Dec 2017	PDF
Ä 20024551 / 3 3 Dec 2017	Amendment entry		In force 3 Dec 2017	PDF
Ä 20024551 / M4 13 Mar 2012	Warning of deletion from the register: annual report not filed	11 Sep 2012	Deficiencies eliminated 24 Apr 2012	PDF
Ä 20024551 / 2 5 Apr 2011	Deletion of activities from the registry card		In force 5 Apr 2011	PDF
Ä 20024551 / M3 16 Feb 2011	Warning of deletion from the register: annual report not filed	16 Aug 2011	Deficiencies eliminated 30 Mar 2011	PDF
Ä 24551 / M2 20 Jul 2006	Warning of deletion from the register: annual report not filed		Deficiencies eliminated 15 Nov 2006	PDF
Ä 24551 23 Apr 2003	First entry		In force	PDF
Ä 24551 / M1 4 Apr 2003	Ruling to eliminate deficiencies (to be served)	4 Jun 2003	In force	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

osaühing EESTI VILLA- JA NAHATÖÖSTUS

Position in the industry Manufacture of leather and related products of other materials · EMTAK 15

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 10