Osaühing NovaElement is a OÜ based in Karula küla, registry code 11052945, status: active. Main activity: Manufacture of other fabricated metal products n.e.c.. According to EMTA, turnover for Q3 2026 was €24 869 with 3 employees.
Turnover
24 869 €
↓ 40.5%vs Q2 2026
State taxes
6 054 €
↓ 28.7%vs Q2 2026
Labour taxes
2 395 €
↑ 2.4%vs Q2 2026
Employees
3
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25
Turnover · Q3 202624 869 €
above 36% of companies
industry median 54 051 € · companies in the industry: 1 358
Labour taxes per employee798 €
above 13% of companies
industry median 1 944 € · companies in the industry: 1 121
Revenue · 202576 531 €
above 51% of companies
industry median 71 144 € · companies in the industry: 1 712
Net profit margin · 2025-0.5 %
above 29% of companies
industry median 3.4 % · companies in the industry: 1 414
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 24 869 € · −40.5% vs Q2 2026 · industry median 54 051 € · above 36% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 798 € · +2.4% vs Q2 2026 · industry median 1 944 € · above 13% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 3 · +0.0% vs Q2 2026State taxes, € Q3 2026: 6 054 € · −28.7% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
24 869
6 054
2 395
3
Q2 2026
41 795
8 494
2 339
3
Q1 2026
10 693
2 831
2 163
3
Q4 2025
34 297
8 024
2 202
3
Q3 2025
28 594
4 259
2 202
3
Q2 2025
17 590
4 371
2 202
3
Q1 2025
14 412
3 583
2 046
3
Q4 2024
31 911
5 389
1 959
3
Q3 2024
32 757
5 646
2 045
3
Q2 2024
9 247
2 094
1 959
2
Q1 2024
11 757
2 932
1 745
2
Q4 2023
16 314
2 752
1 637
2
Q3 2023
31 811
5 092
1 637
2
Q2 2023
26 877
4 015
1 593
2
Q1 2023
11 751
1 686
1 605
2
Q4 2022
27 247
4 111
1 711
2
Q3 2022
32 651
4 871
2 201
2
Q2 2022
18 292
3 515
2 485
2
Q1 2022
12 399
3 351
2 700
3
Labour taxes per employee per month
266 €
Turnover per employee in the quarter
8 290 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € 2025: 76 531 € · −0.6% vs 2024 · industry median 71 144 € · above 51% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -352 € · −195.4% vs 2024 · industry median 904 € · above 28% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -0.5 % · −0.9 pp vs the year before · industry median 3.4 % · above 29% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 42 549 € · +5.6% vs 2024Equity, € 2025: 2 640 € · −11.8% vs 2024Employees2025: 2 · +0.0% vs 2024 · industry median 3 · above 35% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (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
76 531
-352
28 405
42 549
2 640
2
2024
77 001
369
26 525
40 275
2 992
2
2023
69 790
-333
23 073
32 020
2 623
2
2022
74 172
-9 039
26 980
29 057
2 956
3
2021
73 026
-24 637
33 314
24 132
11 995
3
2020
51 807
-36 093
28 304
44 427
36 632
3
2019
86 260
-11 307
24 932
78 254
72 725
3
2018
—
—
—
—
—
3
2017
—
—
—
—
—
3
2016
—
—
—
—
—
2
2015
—
—
—
—
—
1
2014
—
—
—
—
—
1
2013
—
—
—
—
—
1
2012
—
—
—
—
—
0
2011
—
—
—
—
—
1
2010
—
—
—
—
—
1
2009
—
—
—
—
—
0
2008
—
—
—
—
—
0
2007
—
—
—
—
—
0
2006
—
—
—
—
—
0
2005
—
—
—
—
—
0
2004
—
—
—
—
—
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
-0.5 %
Net profit / revenue
Return on equity (ROE)
-13.3 %
Net profit / equity
Return on assets (ROA)
-0.8 %
Net profit / assets
Equity ratio
6.2 %
Equity / assets
Debt ratio
93.8 %
Liabilities / assets
Current ratio
0.91
Current assets / current liabilities
Revenue per employee
38 266 €
Revenue / average full-time employees
Labour cost per employee per month
1 184 €
Labour costs / employees / 12 months (incl. employer taxes)
