Osaühing NOVARA

Active Registry code 10975056 OÜ Saikla küla Registered 30 Sep 2003
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Osaühing NOVARA is a OÜ based in Saikla küla, registry code 10975056, status: active. Main activity: Manufacture of prefabricated wooden buildings or elements thereof. According to EMTA, turnover for Q3 2026 was €4 143 743 with 94 employees.

Turnover
4 143 743 €
↓ 10.3% vs Q2 2026
State taxes
206 568 €
↑ 353.5% vs Q2 2026
Labour taxes
265 534 €
↑ 20.4% vs Q2 2026
Employees
94
+4 vs Q2 2026

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

Position in the industry Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials · EMTAK 16

  • Turnover · Q3 2026 4.1 mn €
    industry median 42 609 € · companies in the industry: 968
  • Labour taxes per employee 2 825 €
    industry median 1 604 € · companies in the industry: 774
  • Revenue · 2025 11.5 mn €
    industry median 44 569 € · companies in the industry: 1 338
  • Net profit margin · 2025 -1.8 %
    industry median 2.0 % · companies in the industry: 1 072

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 4 143 743 € · −10.3% vs Q2 2026 · industry median 42 609 € · above 94% of the industry
02 0004 0006 000Q4 2023 Company: 3 882 042 € Industry median: 43 427 €Q4·23Q1 2024 Company: 4 137 678 € Industry median: 39 178 €Q2 2024 Company: 5 098 590 € Industry median: 42 653 €Q2·24Q3 2024 Company: 3 624 376 € Industry median: 38 674 €Q4 2024 Company: 4 775 448 € Industry median: 45 211 €Q4·24Q1 2025 Company: 4 202 187 € Industry median: 37 584 €Q2 2025 Company: 4 006 010 € Industry median: 43 322 €Q2·25Q3 2025 Company: 2 296 811 € Industry median: 41 462 €Q4 2025 Company: 3 230 651 € Industry median: 42 366 €Q4·25Q1 2026 Company: 3 308 348 € Industry median: 42 117 €Q2 2026 Company: 4 620 923 € Industry median: 49 062 €Q2·26Q3 2026 Company: 4 143 743 € Industry median: 42 609 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 4 775 448 € Industry median: 45 211 €Q1 2025 Company: 4 202 187 € Industry median: 37 584 €Q1·25Q2 2025 Company: 4 006 010 € Industry median: 43 322 €Q3 2025 Company: 2 296 811 € Industry median: 41 462 €Q3·25Q4 2025 Company: 3 230 651 € Industry median: 42 366 €Q1 2026 Company: 3 308 348 € Industry median: 42 117 €Q1·26Q2 2026 Company: 4 620 923 € Industry median: 49 062 €Q3 2026 Company: 4 143 743 € Industry median: 42 609 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 825 € · +15.2% vs Q2 2026 · industry median 1 604 € · above 76% of the industry
01 0002 0003 000Q4 2023 Company: 2 121 € Industry median: 1 444 €Q4·23Q1 2024 Company: 2 031 € Industry median: 1 344 €Q2 2024 Company: 2 431 € Industry median: 1 393 €Q2·24Q3 2024 Company: 2 801 € Industry median: 1 466 €Q4 2024 Company: 2 358 € Industry median: 1 526 €Q4·24Q1 2025 Company: 2 578 € Industry median: 1 531 €Q2 2025 Company: 2 678 € Industry median: 1 528 €Q2·25Q3 2025 Company: 2 971 € Industry median: 1 626 €Q4 2025 Company: 2 223 € Industry median: 1 635 €Q4·25Q1 2026 Company: 2 376 € Industry median: 1 561 €Q2 2026 Company: 2 451 € Industry median: 1 556 €Q2·26Q3 2026 Company: 2 825 € Industry median: 1 604 €Q3·2601 0002 0003 000Q4 2024 Company: 2 358 € Industry median: 1 526 €Q1 2025 Company: 2 578 € Industry median: 1 531 €Q1·25Q2 2025 Company: 2 678 € Industry median: 1 528 €Q3 2025 Company: 2 971 € Industry median: 1 626 €Q3·25Q4 2025 Company: 2 223 € Industry median: 1 635 €Q1 2026 Company: 2 376 € Industry median: 1 561 €Q1·26Q2 2026 Company: 2 451 € Industry median: 1 556 €Q3 2026 Company: 2 825 € Industry median: 1 604 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 94 · +4.4% vs Q2 2026
0255075100125Q4 2023 Company: 100Q4·23Q1 2024 Company: 104Q2 2024 Company: 102Q2·24Q3 2024 Company: 95Q4 2024 Company: 99Q4·24Q1 2025 Company: 100Q2 2025 Company: 96Q2·25Q3 2025 Company: 91Q4 2025 Company: 91Q4·25Q1 2026 Company: 89Q2 2026 Company: 90Q2·26Q3 2026 Company: 94Q3·26020406080100Q4 2024 Company: 99Q1 2025 Company: 100Q1·25Q2 2025 Company: 96Q3 2025 Company: 91Q3·25Q4 2025 Company: 91Q1 2026 Company: 89Q1·26Q2 2026 Company: 90Q3 2026 Company: 94Q3·26
State taxes, € thousand Q3 2026: 206 568 € · +353.5% vs Q2 2026
050100150200250Q4 2023 Company: 30 120 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 107 285 €Q2·24Q3 2024 Company: 80 159 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 61 820 €Q2 2025 Company: 38 687 €Q2·25Q3 2025 Company: 231 194 €Q4 2025 Company: 17 175 €Q4·25Q1 2026 Company: 84 444 €Q2 2026 Company: 45 545 €Q2·26Q3 2026 Company: 206 568 €Q3·26050100150200250Q4 2024 Company: 0 €Q1 2025 Company: 61 820 €Q1·25Q2 2025 Company: 38 687 €Q3 2025 Company: 231 194 €Q3·25Q4 2025 Company: 17 175 €Q1 2026 Company: 84 444 €Q1·26Q2 2026 Company: 45 545 €Q3 2026 Company: 206 568 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 4 143 743 206 568 265 534 94
Q2 2026 4 620 923 45 545 220 620 90
Q1 2026 3 308 348 84 444 211 493 89
Q4 2025 3 230 651 17 175 202 315 91
Q3 2025 2 296 811 231 194 270 382 91
Q2 2025 4 006 010 38 687 257 108 96
Q1 2025 4 202 187 61 820 257 797 100
Q4 2024 4 775 448 — 233 450 99
Q3 2024 3 624 376 80 159 266 088 95
Q2 2024 5 098 590 107 285 247 999 102
Q1 2024 4 137 678 — 211 238 104
Q4 2023 3 882 042 30 120 212 062 100
Q3 2023 3 694 450 323 546 235 020 91
Q2 2023 3 895 957 274 507 221 397 94
Q1 2023 3 229 293 193 787 203 728 92
Q4 2022 2 504 925 181 876 193 842 86
Q3 2022 3 660 986 513 875 305 202 90
Q2 2022 7 198 832 308 098 318 537 127
Q1 2022 3 681 821 401 813 282 777 138
Labour taxes per employee per month
942 €
Turnover per employee in the quarter
44 082 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 11 470 398 € · −18.7% vs 2024 · industry median 44 569 € · above 98% of the industry
05 00010 00015 00020 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 10 296 279 € Industry median: 60 904 €20192020 Company: 11 493 740 € Industry median: 53 378 €20202021 Company: 19 659 604 € Industry median: 56 581 €20212022 Company: 13 487 471 € Industry median: 60 349 €20222023 Company: 12 227 593 € Industry median: 46 749 €20232024 Company: 14 110 460 € Industry median: 39 981 €20242025 Company: 11 470 398 € Industry median: 44 569 €202505 00010 00015 00020 0002018 Company: — Industry median: —2019 Company: 10 296 279 € Industry median: 60 904 €20192020 Company: 11 493 740 € Industry median: 53 378 €2021 Company: 19 659 604 € Industry median: 56 581 €20212022 Company: 13 487 471 € Industry median: 60 349 €2023 Company: 12 227 593 € Industry median: 46 749 €20232024 Company: 14 110 460 € Industry median: 39 981 €2025 Company: 11 470 398 € Industry median: 44 569 €2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -205 385 € · −129.8% vs 2024 · industry median 162 € · above 2% of the industry
-25002505007501 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 626 844 € Industry median: 1 078 €20192020 Company: 715 682 € Industry median: 611 €20202021 Company: 818 894 € Industry median: 1 731 €20212022 Company: 189 443 € Industry median: 1 354 €20222023 Company: 338 715 € Industry median: 156 €20232024 Company: 690 298 € Industry median: 21 €20242025 Company: -205 385 € Industry median: 162 €2025-25002505007501 0002018 Company: — Industry median: —2019 Company: 626 844 € Industry median: 1 078 €20192020 Company: 715 682 € Industry median: 611 €2021 Company: 818 894 € Industry median: 1 731 €20212022 Company: 189 443 € Industry median: 1 354 €2023 Company: 338 715 € Industry median: 156 €20232024 Company: 690 298 € Industry median: 21 €2025 Company: -205 385 € Industry median: 162 €2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -1.8 % · −6.7 pp vs the year before · industry median 2.0 % · above 30% of the industry
-2024682016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 6.1 % Industry median: 3.8 %20192020 Company: 6.2 % Industry median: 3.5 %20202021 Company: 4.2 % Industry median: 5.3 %20212022 Company: 1.4 % Industry median: 5.2 %20222023 Company: 2.8 % Industry median: 2.4 %20232024 Company: 4.9 % Industry median: 1.6 %20242025 Company: -1.8 % Industry median: 2.0 %2025-2024682018 Company: — Industry median: —2019 Company: 6.1 % Industry median: 3.8 %20192020 Company: 6.2 % Industry median: 3.5 %2021 Company: 4.2 % Industry median: 5.3 %20212022 Company: 1.4 % Industry median: 5.2 %2023 Company: 2.8 % Industry median: 2.4 %20232024 Company: 4.9 % Industry median: 1.6 %2025 Company: -1.8 % Industry median: 2.0 %2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 6 445 040 € · −7.5% vs 2024
02 0004 0006 0008 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 4 885 482 €20192020 Company: 5 204 214 €20202021 Company: 6 570 301 €20212022 Company: 5 702 601 €20222023 Company: 5 806 701 €20232024 Company: 6 964 758 €20242025 Company: 6 445 040 €202502 0004 0006 0008 0002018 Company: —2019 Company: 4 885 482 €20192020 Company: 5 204 214 €2021 Company: 6 570 301 €20212022 Company: 5 702 601 €2023 Company: 5 806 701 €20232024 Company: 6 964 758 €2025 Company: 6 445 040 €2025
Equity, € thousand 2025: 3 919 646 € · −5.0% vs 2024
01 0002 0003 0004 0005 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 2 563 286 €20192020 Company: 2 978 968 €20202021 Company: 3 625 930 €20212022 Company: 3 726 018 €20222023 Company: 3 634 733 €20232024 Company: 4 125 031 €20242025 Company: 3 919 646 €202501 0002 0003 0004 0005 0002018 Company: —2019 Company: 2 563 286 €20192020 Company: 2 978 968 €2021 Company: 3 625 930 €20212022 Company: 3 726 018 €2023 Company: 3 634 733 €20232024 Company: 4 125 031 €2025 Company: 3 919 646 €2025
Employees 2025: 90 · −8.2% vs 2024 · industry median 3 · above 98% of the industry
0501001502016 Company: 89 Industry median: —20162017 Company: 94 Industry median: —20172018 Company: 107 Industry median: 420182019 Company: 107 Industry median: 420192020 Company: 123 Industry median: 420202021 Company: 140 Industry median: 420212022 Company: 115 Industry median: 420222023 Company: 96 Industry median: 320232024 Company: 98 Industry median: 320242025 Company: 90 Industry median: 320250501001502018 Company: 107 Industry median: 42019 Company: 107 Industry median: 420192020 Company: 123 Industry median: 42021 Company: 140 Industry median: 420212022 Company: 115 Industry median: 42023 Company: 96 Industry median: 320232024 Company: 98 Industry median: 32025 Company: 90 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting 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 11 470 398 -205 385 2 634 760 6 445 040 3 919 646 90
2024 14 110 460 690 298 3 001 082 6 964 758 4 125 031 98
2023 12 227 593 338 715 2 446 871 5 806 701 3 634 733 96
2022 13 487 471 189 443 2 607 582 5 702 601 3 726 018 115
2021 19 659 604 818 894 3 240 310 6 570 301 3 625 930 140
2020 11 493 740 715 682 2 389 694 5 204 214 2 978 968 123
2019 10 296 279 626 844 2 089 884 4 885 482 2 563 286 107
2018 — — — — — 107
2017 — — — — — 94
2016 — — — — — 89
2015 — — — — — 65
2014 — — — — — 55
2013 — — — — — 44
2012 — — — — — 35
2011 — — — — — 29
2010 — — — — — 22
2009 — — — — — 19
2008 — — — — — 20
2007 — — — — — 19
2006 — — — — — 19
2005 — — — — — 25

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
-1.8 %
Net profit / revenue
Return on equity (ROE)
-5.2 %
Net profit / equity
Return on assets (ROA)
-3.2 %
Net profit / assets
Equity ratio
60.8 %
Equity / assets
Debt ratio
39.2 %
Liabilities / assets
Current ratio
1.16
Current assets / current liabilities
Revenue per employee
130 081 €
Revenue / average full-time employees
Labour cost per employee per month
2 440 €
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 31 Jul 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 26 Sep 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 23 Sep 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 18 Jan 2024 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 31 Oct 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 21 Jul 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 24 Jul 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
4 90 000 € Swedbank AS 20 Feb 2025 – in force
3 200 000 € Swedbank AS 17 Feb 2022 – in force
2 110 000 € Swedbank AS 1 Oct 2018 – in force
1 100 000 € Swedbank AS 2 Mar 2012 – in force

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

  • osaühing LIIVIKAS EKSPERT
    Founder · 40 000 € · 30 Sep 2003
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 16231Manufacture of prefabricated wooden buildings or elements thereof Main
Rulings
Number, date Title Deadline State Document
Ä 10074770 / M9
9 Aug 2025
Warning of a fine: annual report not filed 25 Sep 2025 Deficiencies eliminated
27 Sep 2025
PDF
K 10074770 / 14
20 Feb 2025
Commercial pledge entered In force
20 Feb 2025
PDF
Ä 10074770 / M8
6 Jul 2024
Warning of a fine: annual report not filed 5 Aug 2024 Deficiencies eliminated
1 Oct 2024
PDF
Ä 10074770 / M7
5 Dec 2023
Fine for not filing the report 23 Dec 2023 Deficiencies eliminated
19 Jan 2024
PDF
Ä 10074770 / M6
19 Sep 2023
Warning of a fine: annual report not filed 19 Oct 2023 Deficiencies eliminated
19 Jan 2024
PDF
Ä 10074770 / 13
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10074770 / M5
17 Feb 2022
Procedural ruling 27 Feb 2022 Deficiencies eliminated
17 Feb 2022
PDF
K 10074770 / 12
17 Feb 2022
Commercial pledge entered In force
17 Feb 2022
PDF
Ä 10074770 / 11
23 Jan 2020
Amendment entry In force
23 Jan 2020
PDF
K 10074770 / 10
1 Oct 2018
Commercial pledge entered In force
1 Oct 2018
PDF
Ä 10074770 / 9
16 May 2018
Amendment under Commercial Code § 525 (2) In force
16 May 2018
PDF
Ä 10074770 / 8
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10074770 / 7
4 Apr 2014
Amendment entry In force
4 Apr 2014
PDF
Ä 10074770 / 6
8 Nov 2012
Entry refused: deficiencies not eliminated In force
10 Dec 2012
PDF
Ä 10074770 / M4
4 Oct 2012
Ruling to eliminate deficiencies 30 Oct 2012 In force
4 Oct 2012
PDF
K 10165948
2 Mar 2012
Commercial pledge entered In force
2 Mar 2012
PDF
K 10165948 / M1
22 Feb 2012
Ruling to eliminate deficiencies 22 Mar 2012 In force
22 Feb 2012
PDF
Ä 74770 / 5
5 Jan 2009
Deletion of activities from the registry card In force
5 Jan 2009
PDF
Ä 74770 / M3
4 Oct 2006
Fine for not filing the report 25 Dec 2006 In force
25 Nov 2006
PDF
Ä 74770 / M2
4 Oct 2006
Fine for not filing the report 2 Dec 2006 In force
21 Oct 2006
PDF
Ä 74770 / 4
30 Mar 2004
Amendment entry In force PDF
Ä 74770 / M1
9 Mar 2004
Ruling to eliminate deficiencies (to be served) 8 Jul 2004 In force PDF
Ä 74770 / 3
9 Jan 2004
Amendment entry In force PDF
Ä 74770 / 2
31 Oct 2003
Amendment entry In force PDF
Ä 74770
29 Sep 2003
First entry In force PDF

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