TURVATEK OÜ
Active Registry code 11007927
OÜ Tartu linn Registered 16 Apr 2004
TURVATEK OÜ is a OÜ based in Tartu linn, registry code 11007927, status: active. Main activity: Wholesale of clothing and clothing accessories. According to EMTA, turnover for Q3 2026 was €200 879 with 4 employees.
Turnover
200 879 €
↓ 12.1% vs Q2 2026
State taxes
28 883 €
↓ 6.5% vs Q2 2026
Labour taxes
6 379 €
↑ 27.2% vs Q2 2026
Employees
4
+1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 200 879 €above 68% of companiesindustry median 60 065 € · companies in the industry: 6 941
- Labour taxes per employee 1 595 €above 39% of companiesindustry median 2 104 € · companies in the industry: 4 194
- Revenue · 2025 576 935 €above 76% of companiesindustry median 63 691 € · companies in the industry: 10 038
- Net profit margin · 2025 7.9 %above 69% of companiesindustry median 2.7 % · companies in the industry: 7 414
Taxes and turnover
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 200 879 | 28 883 | 6 379 | 4 |
| Q2 2026 | 228 496 | 30 881 | 5 013 | 3 |
| Q1 2026 | 169 164 | 23 530 | 5 624 | 3 |
| Q4 2025 | 290 643 | 41 234 | 6 341 | 4 |
| Q3 2025 | 195 946 | 26 323 | 6 042 | 3 |
| Q2 2025 | 197 434 | 25 001 | 5 857 | 3 |
| Q1 2025 | 157 885 | 20 245 | 6 070 | 3 |
| Q4 2024 | 267 693 | 30 935 | 6 024 | 3 |
| Q3 2024 | 141 685 | 17 925 | 5 606 | 3 |
| Q2 2024 | 157 290 | 19 863 | 5 619 | 3 |
| Q1 2024 | 105 150 | 14 877 | 5 779 | 3 |
| Q4 2023 | 205 417 | 21 697 | 5 614 | 3 |
| Q3 2023 | 138 153 | 16 992 | 5 737 | 3 |
| Q2 2023 | 146 930 | 16 282 | 5 787 | 3 |
| Q1 2023 | 114 311 | 11 959 | 5 733 | 3 |
| Q4 2022 | 168 010 | 18 297 | 5 295 | 3 |
| Q3 2022 | 117 062 | 13 862 | 4 346 | 3 |
| Q2 2022 | 157 438 | 17 821 | 4 416 | 2 |
| Q1 2022 | 93 663 | 13 140 | 4 326 | 2 |
Labour taxes per employee per month
532 €
Turnover per employee in the quarter
50 220 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 576 935 | 45 581 | 63 439 | 316 681 | 205 166 | 3 |
| 2024 | 477 480 | 11 949 | 66 867 | 277 074 | 159 585 | 3 |
| 2023 | 402 862 | 8 078 | 63 396 | 239 881 | 147 636 | 3 |
| 2022 | 369 574 | 25 551 | 52 184 | 222 765 | 139 558 | 3 |
| 2021 | 342 431 | 20 213 | 46 384 | 218 543 | 114 266 | 2 |
| 2020 | 256 004 | 21 931 | 24 668 | 204 699 | 94 053 | 2 |
| 2019 | 272 193 | 23 891 | 30 475 | 188 622 | 72 122 | 2 |
| 2018 | — | — | — | — | — | 2 |
| 2017 | — | — | — | — | — | 2 |
| 2016 | — | — | — | — | — | 2 |
| 2015 | — | — | — | — | — | 2 |
| 2014 | — | — | — | — | — | 2 |
| 2013 | — | — | — | — | — | 2 |
| 2012 | — | — | — | — | — | 3 |
| 2011 | — | — | — | — | — | 3 |
| 2010 | — | — | — | — | — | 3 |
| 2009 | — | — | — | — | — | 4 |
| 2008 | — | — | — | — | — | 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
7.9 %
Net profit / revenue
Return on equity (ROE)
22.2 %
Net profit / equity
Return on assets (ROA)
14.4 %
Net profit / assets
Equity ratio
64.8 %
Equity / assets
Debt ratio
35.2 %
Liabilities / assets
Current ratio
4.78
Current assets / current liabilities
Revenue per employee
192 312 €
Revenue / average full-time employees
Labour cost per employee per month
1 762 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 19 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 | 27 Jun 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 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 | 25 Jun 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 30 Jun 2020 | Company’s own | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 1 | 390 000 EEK | aktsiaselts Hansapank | 23 Feb 2007 – in force |
Board
- Elver LaanemetsBoard member · since 16 Apr 2004
- Karoline SumbergBoard member · since 8 Jan 2013
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Elver LaanemetsNatural person · 8 950 €
- Karoline SumbergNatural person · 3 835 €
Beneficial owners
- Elver LaanemetsDirect ownership · since 7 Sep 2018
- Karoline SumbergDirect ownership · since 7 Sep 2018
Founders and other persons
- Elver LaanemetsFounder · 30 000 € · 16 Apr 2004
- Rait TillmannFounder · 30 000 € · 16 Apr 2004
Related companies
Activities (EMTAK)
- 46421Wholesale of clothing and clothing accessories Main
- 46422Wholesale of footwear
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20026661 / 14 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 20026661 / 13 16 Jan 2023 |
Amendment under Commercial Code § 525 (2) | In force 16 Jan 2023 |
||
| Ä 20026661 / 12 13 Feb 2018 |
Amendment entry | In force 13 Feb 2018 |
||
| Ä 20026661 / 11 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 20026661 / 10 3 Dec 2017 |
Amendment entry | In force 3 Dec 2017 |
||
| Ä 20026661 / 9 25 May 2016 |
Amendment under Commercial Code § 525 (2) | In force 25 May 2016 |
||
| Ä 20026661 / 8 8 Jan 2013 |
Amendment entry | In force 8 Jan 2013 |
||
| Ä 20026661 / 7 5 Sep 2012 |
Amendment entry | In force 5 Sep 2012 |
||
| Ä 20026661 / 6 7 Mar 2012 |
Amendment under Commercial Code § 525 (2) | In force 7 Mar 2012 |
||
| Ä 20026661 / 5 2 Dec 2011 |
Amendment entry | In force 2 Dec 2011 |
||
| Ä 20026661 / M1 24 Nov 2011 |
Ruling to eliminate deficiencies | 24 Dec 2011 | In force 24 Nov 2011 |
|
| Ä 26661 / 4 21 Jan 2010 |
Amendment entry | In force 21 Jan 2010 |
||
| Ä 26661 / 3 3 Dec 2008 |
Deletion of activities from the registry card | In force 22 Dec 2008 |
||
| K 37916 23 Feb 2007 |
Commercial pledge entered | In force 23 Feb 2007 |
||
| Ä 26661 / 2 30 Nov 2005 |
Amendment entry | In force | ||
| Ä 26661 15 Apr 2004 |
First entry | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data