osaühing Estmerel

Active Registry code 11217636 OÜ Kudjape alevik Registered 23 Mar 2006

osaühing Estmerel is a OÜ based in Kudjape alevik, registry code 11217636, status: active. Main activity: Building of civilian ships. According to EMTA, turnover for Q3 2026 was €15 238 with 1 employees.

Turnover

15 238 €

↑ 35.8% vs Q2 2026

State taxes

4 472 €

↑ 16.7% vs Q2 2026

Labour taxes

1 643 €

↑ 4.3% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Manufacture of other transport equipment · EMTAK 30

Turnover · Q3 2026 15 238 €

above 38% of companies

industry median 33 597 € · companies in the industry: 110
Labour taxes per employee 1 643 €

above 35% of companies

industry median 2 212 € · companies in the industry: 94
Revenue · 2025 51 823 €

above 48% of companies

industry median 61 813 € · companies in the industry: 163
Net profit margin · 2025 70.5 %

above 94% of companies

industry median 6.8 % · companies in the industry: 119

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 15 238 € · +35.8% vs Q2 2026 · industry median 33 597 € · above 38% of the industry

Company
Industry median

Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 643 € · +4.3% vs Q2 2026 · industry median 2 212 € · above 35% of the industry

Company
Industry median

Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 4 472 € · +16.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	15 238	4 472	1 643	1
Q2 2026	11 223	3 831	1 575	1
Q1 2026	12 847	4 226	1 540	1
Q4 2025	15 138	13 238	1 540	1
Q3 2025	14 498	4 007	1 540	1
Q2 2025	12 064	3 856	1 540	1
Q1 2025	12 770	3 402	1 490	1
Q4 2024	12 126	13 563	3 381	1
Q3 2024	12 638	3 250	1 388	1
Q2 2024	11 878	3 463	1 388	1
Q1 2024	9 948	10 692	3 288	1
Q4 2023	11 880	3 113	1 322	1
Q3 2023	14 846	3 143	1 322	1
Q2 2023	9 372	2 773	1 322	1
Q1 2023	10 259	2 890	1 322	1
Q4 2022	12 481	10 668	3 254	1
Q3 2022	15 733	3 361	1 322	1
Q2 2022	12 533	3 278	1 322	1
Q1 2022	12 527	8 247	2 953	1

Labour taxes per employee per month

548 €

Turnover per employee in the quarter

15 238 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 51 823 € · +15.2% vs 2024 · industry median 61 813 € · above 48% of the industry

Company
Industry median

Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 36 538 € · +38.6% vs 2024 · industry median 2 204 € · above 80% of the industry

Company
Industry median

Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 70.5 % · +11.9 pp vs the year before · industry median 6.8 % · above 94% of the industry

Company
Industry median

Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 205 141 € · +3.4% vs 2024

Equity, € thousand 2025: 202 480 € · +3.3% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 3 · above 5% of the industry

Company
Industry median

Industry: Manufacture of other transport 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	51 823	36 538	14 450	205 141	202 480	1
2024	44 980	26 358	13 567	198 425	195 942	1
2023	44 773	26 620	12 812	219 149	209 584	1
2022	50 652	31 252	12 845	215 570	212 964	1
2021	47 010	26 474	13 112	219 525	211 712	1
2020	43 103	14 921	12 402	209 346	206 743	1
2019	69 059	33 100	18 391	232 665	223 106	2
2018	—	—	—	—	—	2
2017	—	—	—	—	—	2
2016	—	—	—	—	—	4
2015	—	—	—	—	—	6
2014	—	—	—	—	—	4
2013	—	—	—	—	—	3
2012	—	—	—	—	—	3
2011	—	—	—	—	—	2
2010	—	—	—	—	—	2
2009	—	—	—	—	—	0
2008	—	—	—	—	—	2
2007	—	—	—	—	—	3
2006	—	—	—	—	—	4

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

67.3 %

Net profit / revenue

Return on equity (ROE)

18.0 %

Net profit / equity

Return on assets (ROA)

17.8 %

Net profit / assets

Equity ratio

98.7 %

Equity / assets

Debt ratio

1.3 %

Liabilities / assets

Current ratio

32.93

Current assets / current liabilities

Revenue per employee

54 298 €

Revenue / average full-time employees

Labour cost per employee per month

1 204 €

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	8 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	18 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	10 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	20 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	23 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	28 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	29 Oct 2020	Company’s own	e-Äriregister

Board

Valdek Vaht
Board member · since 23 Mar 2006

Right of representation

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

Owners

Valdek Vaht
Natural person · 2 556 €

100%

Beneficial owners

Valdek Vaht
Direct ownership · since 3 Oct 2018

Founders and other persons

Valdek Vaht
Founder · 40 000 € · 17 Mar 2006

Activities (EMTAK)

30111Building of civilian ships Main

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 30031148 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 30031148 / 7 4 Jan 2023	Amendment under Commercial Code § 525 (2)		In force 4 Jan 2023	PDF
Ä 30031148 / 6 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 30031148 / 5 21 Dec 2017	Amendment entry		In force 21 Dec 2017	PDF
Ä 30031148 / M2 23 May 2017	Refund of the state fee		In force 23 May 2017	PDF
Ä 30031148 / 4 16 Apr 2015	Amendment entry		In force 16 Apr 2015	PDF
Ä 30031148 / 3 14 Nov 2011	Amendment entry		In force 14 Nov 2011	PDF
Ä 31148 / 2 3 Dec 2008	Deletion of activities from the registry card		In force 4 Dec 2008	PDF
Ä 31148 / M1 3 Sep 2008	Warning of a fine: deficiencies in the annual report	8 Oct 2008	Deficiencies eliminated 14 Sep 2008	PDF
Ä 31148 23 Mar 2006	First entry		In force 23 Mar 2006	PDF

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