Osaühing GoodReason

Active Registry code 11154446 OÜ Tallinn Registered 29 Jul 2005

Osaühing GoodReason is a OÜ based in Tallinn, registry code 11154446, status: active. Main activity: Installation, maintenance and repair of heating, ventilation and air conditioning equipment. According to EMTA, turnover for Q3 2026 was €27 843 with 2 employees.

Turnover

27 843 €

↓ 9.2% vs Q2 2026

State taxes

7 549 €

↓ 5.6% vs Q2 2026

Labour taxes

4 233 €

↑ 4.6% vs Q2 2026

Employees

−1 vs Q2 2026

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

Position in the industry Specialised construction activities · EMTAK 43

Turnover · Q3 2026 27 843 €

above 55% of companies

industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee 2 117 €

above 77% of companies

industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025 152 343 €

above 78% of companies

industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 2025 13.0 %

above 69% of companies

industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 27 843 € · −9.2% vs Q2 2026 · industry median 23 017 € · 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.

Labour taxes per employee, € Q3 2026: 2 117 € · +56.9% vs Q2 2026 · industry median 1 236 € · above 77% 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.

Employees Q3 2026: 2 · −33.3% vs Q2 2026

State taxes, € Q3 2026: 7 549 € · −5.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	27 843	7 549	4 233	2
Q2 2026	30 679	7 995	4 047	3
Q1 2026	30 287	8 910	4 296	3
Q4 2025	28 823	6 484	4 585	3
Q3 2025	61 371	13 973	3 235	2
Q2 2025	33 891	5 893	4 010	2
Q1 2025	30 888	4 701	4 280	2
Q4 2024	38 862	4 970	4 064	2
Q3 2024	32 968	8 596	4 215	2
Q2 2024	34 985	1 780	3 772	2
Q1 2024	32 594	7 980	4 234	2
Q4 2023	42 834	8 042	2 606	2
Q3 2023	71 184	4 698	1 636	1
Q2 2023	21 092	3 205	1 992	1
Q1 2023	48 338	8 213	1 625	1
Q4 2022	31 067	1 971	705	—
Q3 2022	11 589	2 905	1 666	—
Q2 2022	16 162	3 113	1 079	—
Q1 2022	24 895	3 152	785	—

Labour taxes per employee per month

706 €

Turnover per employee in the quarter

13 922 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 152 343 € · +16.3% vs 2024 · industry median 37 328 € · above 78% 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: 19 760 € · +56.6% vs 2024 · industry median 561 € · above 85% 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: 13.0 % · +3.3 pp vs the year before · industry median 3.9 % · above 69% 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: 128 352 € · +17.1% vs 2024

Equity, € thousand 2025: 105 798 € · +23.0% vs 2024

Employees 2025: 2 · +0.0% 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	152 343	19 760	44 612	128 352	105 798	2
2024	130 988	12 615	45 244	109 588	86 038	2
2023	124 553	46 729	28 017	94 849	73 423	2
2022	88 427	21 463	14 289	49 930	26 694	1
2021	57 323	1 912	9 812	24 411	5 648	1
2020	50 179	1 014	11 447	20 289	3 736	1
2019	32 923	-558	19 624	14 271	2 722	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	7
2015	—	—	—	—	—	8
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	0
2011	—	—	—	—	—	0
2010	—	—	—	—	—	1
2009	—	—	—	—	—	1
2008	—	—	—	—	—	0
2007	—	—	—	—	—	1
2006	—	—	—	—	—	1

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

12.8 %

Net profit / revenue

Return on equity (ROE)

18.7 %

Net profit / equity

Return on assets (ROA)

15.4 %

Net profit / assets

Equity ratio

82.4 %

Equity / assets

Debt ratio

17.6 %

Liabilities / assets

Current ratio

3.43

Current assets / current liabilities

Revenue per employee

77 193 €

Revenue / average full-time employees

Labour cost per employee per month

1 859 €

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	28 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	30 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	5 Jul 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	1 Jul 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	31 Oct 2020	Company’s own	e-Äriregister

Board

Vahur Luik
Board member · since 16 Sep 2005

Right of representation

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

Owners

Vahur Luik
Natural person · 40 000 €

100%

Owner in

Asunnot OÜ
100%

Beneficial owners

Vahur Luik
Direct ownership · since 30 Oct 2018

Founders and other persons

OSAÜHING VOLBEKO CONSULT
Founder · 40 000 € · 29 Jul 2005

shared board members, owners or beneficial owners

Activities (EMTAK)

43221Installation, maintenance and repair of heating, ventilation and air conditioning equipment Main
43211Electrical installation work
43222Installation, maintenance and repair of plumbing and sanitary equipment
82991Other business support service activities n.e.c.

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10090273 / 9 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10090273 / 8 8 Jun 2021	Amendment under Commercial Code § 525 (2)		In force 8 Jun 2021	PDF
Ä 10090273 / 7 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10090273 / 6 29 Nov 2017	Amendment entry		In force 29 Nov 2017	PDF
Ä 10090273 / 5 13 Jan 2016	Amendment entry		In force 13 Jan 2016	PDF
Ä 90273 / 4 3 Dec 2008	Deletion of activities from the registry card		In force 3 Dec 2008	PDF
Ä 90273 / 3 8 Oct 2007	Amendment entry		In force 8 Oct 2007	PDF
Ä 90273 / 2 16 Sep 2005	Amendment entry		In force	PDF
Ä 90273 / M1 12 Sep 2005	Ruling to eliminate deficiencies (to be served)	7 Oct 2005	In force	PDF
Ä 90273 27 Jul 2005	First entry		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data

Osaühing GoodReason

Position in the industry Specialised construction activities · EMTAK 43

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 10