KULDVARA OÜ is a OÜ based in Tallinn, registry code 11027025, status: active. Main activity: Other building completion and finishing. According to EMTA, turnover for Q3 2026 was €31 137 with 2 employees.
Turnover
31 137 €
↓ 75.5%vs Q2 2026
State taxes
2 648 €
↓ 63.1%vs Q2 2026
Labour taxes
2 780 €
↑ 5.2%vs Q2 2026
Employees
2
+1vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 202631 137 €
above 58% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee1 390 €
above 57% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025181 370 €
above 81% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 2025-8.5 %
above 18% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 31 137 € · −75.5% vs Q2 2026 · industry median 23 017 € · above 58% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 390 € · −47.4% vs Q2 2026 · industry median 1 236 € · above 57% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 2 · +100.0% vs Q2 2026State taxes, € Q3 2026: 2 648 € · −63.1% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
31 137
2 648
2 780
2
Q2 2026
127 338
7 170
2 643
1
Q1 2026
46 043
6 456
2 664
2
Q4 2025
40 777
6 508
2 704
2
Q3 2025
52 616
6 076
2 704
2
Q2 2025
54 101
5 528
2 270
2
Q1 2025
42 282
1 614
1 579
1
Q4 2024
103 998
7 788
1 497
1
Q3 2024
35 583
1 850
1 497
1
Q2 2024
68 878
4 925
1 497
1
Q1 2024
80 470
5 483
1 305
1
Q4 2023
115 518
4 007
613
1
Q3 2023
104 810
4 115
307
1
Q2 2023
111 123
881
613
1
Q1 2023
60 783
4 429
438
1
Q4 2022
44 808
4 721
1 315
1
Q3 2022
34 564
3 215
1 315
1
Q2 2022
33 479
2 584
1 315
1
Q1 2022
16 485
1 687
1 377
1
Labour taxes per employee per month
463 €
Turnover per employee in the quarter
15 569 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 181 370 € · −32.7% vs 2024 · industry median 37 328 € · above 81% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -15 381 € · +32.5% vs 2024 · industry median 561 € · above 6% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -8.5 % · −0.0 pp vs the year before · industry median 3.9 % · above 18% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 212 687 € · −15.4% vs 2024Equity, € thousand 2025: 208 415 € · −6.9% vs 2024Employees2025: 2 · +100.0% vs 2024 · industry median 1 · above 55% of the industry
Company
Industry median
Industry: Specialised construction activities (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
181 370
-15 381
26 864
212 687
208 415
2
2024
269 597
-22 790
15 304
251 332
223 796
1
2023
408 169
13 569
3 316
285 284
246 586
1
2022
159 348
-23 741
10 438
283 613
233 018
1
2021
164 435
-28 563
3 942
264 983
256 890
1
2020
65 652
-38 476
2 138
295 067
285 454
1
2019
90 031
-16 574
1 980
86 009
59 325
1
2018
—
—
—
—
—
1
2017
—
—
—
—
—
1
2016
—
—
—
—
—
1
2015
—
—
—
—
—
1
2014
—
—
—
—
—
1
2013
—
—
—
—
—
1
2012
—
—
—
—
—
1
2011
—
—
—
—
—
0
2010
—
—
—
—
—
1
2009
—
—
—
—
—
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
-8.5 %
Net profit / revenue
Return on equity (ROE)
-7.4 %
Net profit / equity
Return on assets (ROA)
-7.2 %
Net profit / assets
Equity ratio
98.0 %
Equity / assets
Debt ratio
2.0 %
Liabilities / assets
Current ratio
42.05
Current assets / current liabilities
Revenue per employee
90 685 €
Revenue / average full-time employees
Labour cost per employee per month
1 119 €
Labour costs / employees / 12 months (incl. employer taxes)
