Osaühing Helmoldus

Active Registry code 10954798 OÜ Tallinn Registered 17 Jun 2003

Osaühing Helmoldus is a OÜ based in Tallinn, registry code 10954798, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €560 773 with 6 employees.

Turnover

560 773 €

↓ 23.8% vs Q2 2026

State taxes

90 691 €

↓ 0.8% vs Q2 2026

Labour taxes

16 281 €

↑ 25.5% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

Turnover · Q3 2026 560 773 €

above 98% of companies

industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee 2 714 €

above 87% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025 740 990 €

above 92% of companies

industry median 38 239 € · companies in the industry: 7 001
Net profit margin · 2025 12.3 %

above 70% of companies

industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 560 773 € · −23.8% vs Q2 2026 · industry median 25 252 € · above 98% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 714 € · +25.5% vs Q2 2026 · industry median 1 211 € · above 87% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 6 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 90 691 € · −0.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	560 773	90 691	16 281	6
Q2 2026	735 518	91 430	12 972	6
Q1 2026	301 127	58 925	12 215	5
Q4 2025	75 838	19 755	10 236	5
Q3 2025	324 832	52 510	9 139	5
Q2 2025	170 201	34 363	8 268	4
Q1 2025	297 739	37 431	7 700	4
Q4 2024	113 852	23 518	8 163	4
Q3 2024	239 991	15 706	8 516	5
Q2 2024	158 231	48 157	8 163	5
Q1 2024	310 342	19 908	8 166	5
Q4 2023	216 620	39 837	8 163	5
Q3 2023	255 991	21 822	7 948	5
Q2 2023	365 126	42 241	7 144	5
Q1 2023	250 030	28 518	8 095	5
Q4 2022	285 581	31 021	7 534	4
Q3 2022	150 197	20 521	7 464	4
Q2 2022	332 613	28 463	7 464	4
Q1 2022	157 833	24 227	6 939	4

Labour taxes per employee per month

905 €

Turnover per employee in the quarter

93 462 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 740 990 € · +1.7% vs 2024 · industry median 38 239 € · above 92% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 91 394 € · +528.4% vs 2024 · industry median 410 € · above 98% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 12.3 % · +15.3 pp vs the year before · industry median 3.5 % · above 70% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 185 359 € · +47.7% vs 2024

Equity, € thousand 2025: 121 509 € · +73.3% vs 2024

Employees 2025: 6 · +0.0% vs 2024 · industry median 2 · above 85% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (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	740 990	91 394	109 732	185 359	121 509	6
2024	728 418	-21 334	91 444	125 512	70 115	6
2023	800 867	22 769	88 675	149 544	91 449	5
2022	854 817	-31 211	84 449	109 895	68 680	5
2021	633 487	-40 131	84 216	124 051	99 891	5
2020	709 618	65 067	88 462	186 380	140 022	6
2019	724 327	-20 982	68 356	92 652	74 955	5
2018	—	—	—	—	—	4
2017	—	—	—	—	—	4
2016	—	—	—	—	—	3
2015	—	—	—	—	—	3
2014	—	—	—	—	—	4
2013	—	—	—	—	—	3
2012	—	—	—	—	—	3
2011	—	—	—	—	—	3
2010	—	—	—	—	—	2
2009	—	—	—	—	—	3
2008	—	—	—	—	—	3
2007	—	—	—	—	—	2
2005	—	—	—	—	—	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

12.3 %

Net profit / revenue

Return on equity (ROE)

75.2 %

Net profit / equity

Return on assets (ROA)

49.3 %

Net profit / assets

Equity ratio

65.6 %

Equity / assets

Debt ratio

34.4 %

Liabilities / assets

Current ratio

2.89

Current assets / current liabilities

Revenue per employee

123 498 €

Revenue / average full-time employees

Labour cost per employee per month

1 524 €

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	25 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	1 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	11 Jul 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	22 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	30 Jun 2020	Company’s own	e-Äriregister

Board

Aare Sepp
Board member · since 8 Aug 2003

Right of representation

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

Owners

Aare Sepp
Natural person · 40 000 €

100%

Beneficial owners

Aare Sepp
Direct ownership · since 18 Apr 2019

Founders and other persons

Osaühing WASP PROJECT
Founder · 40 000 € · 17 Jun 2003

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10072949 / 9 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10072949 / 8 17 Jan 2018	Amendment entry	In force 17 Jan 2018	PDF
Ä 10072949 / 7 8 Nov 2017	Amendment entry	In force 8 Nov 2017	PDF
Ä 10072949 / 6 14 Sep 2016	Amendment entry	In force 14 Sep 2016	PDF
Ä 72949 / 5 3 Dec 2008	Deletion of activities from the registry card	In force 5 Dec 2008	PDF
Ä 72949 / 4 10 Oct 2007	Amendment entry	In force 10 Oct 2007	PDF
Ä 72949 / 3 11 Aug 2003	Amendment entry	In force	PDF
Ä 72949 / 2 6 Aug 2003	Amendment entry	In force	PDF
Ä 72949 16 Jun 2003	First entry	In force	PDF

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