Ships Conversion osaühing

Active Registry code 11250958 OÜ Tallinn Registered 27 Apr 2006
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Ships Conversion osaühing is a OÜ based in Tallinn, registry code 11250958, status: active. Main activity: Repair and maintenance of civilian ships and boats. According to EMTA, turnover for Q3 2026 was €303 006 with 18 employees.

Turnover
303 006 €
↑ 8.6% vs Q2 2026
State taxes
24 419 €
↓ 40.2% vs Q2 2026
Labour taxes
56 036 €
↑ 27.1% vs Q2 2026
Employees
18
−16 vs Q2 2026

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

Position in the industry Repair, maintenance and installation of machinery and equipment · EMTAK 33

  • Turnover · Q3 2026 303 006 €
    industry median 21 365 € · companies in the industry: 1 050
  • Labour taxes per employee 3 113 €
    industry median 1 557 € · companies in the industry: 808
  • Revenue · 2025 2.7 mn €
    industry median 43 814 € · companies in the industry: 1 448
  • Net profit margin · 2025 4.5 %
    industry median 5.5 % · companies in the industry: 1 226

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 303 006 € · +8.6% vs Q2 2026 · industry median 21 365 € · above 90% of the industry
02004006008001 000Q4 2023 Company: 328 974 € Industry median: 22 416 €Q4·23Q1 2024 Company: 242 645 € Industry median: 20 934 €Q2 2024 Company: 482 361 € Industry median: 21 577 €Q2·24Q3 2024 Company: 214 150 € Industry median: 22 930 €Q4 2024 Company: 289 325 € Industry median: 21 473 €Q4·24Q1 2025 Company: 390 318 € Industry median: 19 468 €Q2 2025 Company: 620 502 € Industry median: 21 694 €Q2·25Q3 2025 Company: 558 131 € Industry median: 22 270 €Q4 2025 Company: 927 974 € Industry median: 22 998 €Q4·25Q1 2026 Company: 502 485 € Industry median: 20 214 €Q2 2026 Company: 279 055 € Industry median: 22 903 €Q2·26Q3 2026 Company: 303 006 € Industry median: 21 365 €Q3·2602004006008001 000Q4 2024 Company: 289 325 € Industry median: 21 473 €Q1 2025 Company: 390 318 € Industry median: 19 468 €Q1·25Q2 2025 Company: 620 502 € Industry median: 21 694 €Q3 2025 Company: 558 131 € Industry median: 22 270 €Q3·25Q4 2025 Company: 927 974 € Industry median: 22 998 €Q1 2026 Company: 502 485 € Industry median: 20 214 €Q1·26Q2 2026 Company: 279 055 € Industry median: 22 903 €Q3 2026 Company: 303 006 € Industry median: 21 365 €Q3·26
  • Company
  • Industry median

Industry: Repair, maintenance and installation of 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: 3 113 € · +140.1% vs Q2 2026 · industry median 1 557 € · above 81% of the industry
01 0002 0003 0004 000Q4 2023 Company: 2 107 € Industry median: 1 353 €Q4·23Q1 2024 Company: 1 515 € Industry median: 1 432 €Q2 2024 Company: 2 295 € Industry median: 1 415 €Q2·24Q3 2024 Company: 1 614 € Industry median: 1 452 €Q4 2024 Company: 1 489 € Industry median: 1 508 €Q4·24Q1 2025 Company: 926 € Industry median: 1 497 €Q2 2025 Company: 1 605 € Industry median: 1 514 €Q2·25Q3 2025 Company: 1 261 € Industry median: 1 524 €Q4 2025 Company: 2 605 € Industry median: 1 541 €Q4·25Q1 2026 Company: 1 391 € Industry median: 1 485 €Q2 2026 Company: 1 296 € Industry median: 1 458 €Q2·26Q3 2026 Company: 3 113 € Industry median: 1 557 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 1 489 € Industry median: 1 508 €Q1 2025 Company: 926 € Industry median: 1 497 €Q1·25Q2 2025 Company: 1 605 € Industry median: 1 514 €Q3 2025 Company: 1 261 € Industry median: 1 524 €Q3·25Q4 2025 Company: 2 605 € Industry median: 1 541 €Q1 2026 Company: 1 391 € Industry median: 1 485 €Q1·26Q2 2026 Company: 1 296 € Industry median: 1 458 €Q3 2026 Company: 3 113 € Industry median: 1 557 €Q3·26
  • Company
  • Industry median

Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 18 · −47.1% vs Q2 2026
010203040Q4 2023 Company: 10Q4·23Q1 2024 Company: 13Q2 2024 Company: 11Q2·24Q3 2024 Company: 11Q4 2024 Company: 13Q4·24Q1 2025 Company: 30Q2 2025 Company: 27Q2·25Q3 2025 Company: 34Q4 2025 Company: 17Q4·25Q1 2026 Company: 28Q2 2026 Company: 34Q2·26Q3 2026 Company: 18Q3·26010203040Q4 2024 Company: 13Q1 2025 Company: 30Q1·25Q2 2025 Company: 27Q3 2025 Company: 34Q3·25Q4 2025 Company: 17Q1 2026 Company: 28Q1·26Q2 2026 Company: 34Q3 2026 Company: 18Q3·26
State taxes, € Q3 2026: 24 419 € · −40.2% vs Q2 2026
010 00020 00030 00040 00050 000Q4 2023 Company: 27 300 €Q4·23Q1 2024 Company: 26 072 €Q2 2024 Company: 27 913 €Q2·24Q3 2024 Company: 24 127 €Q4 2024 Company: 20 129 €Q4·24Q1 2025 Company: 24 995 €Q2 2025 Company: 39 455 €Q2·25Q3 2025 Company: 39 053 €Q4 2025 Company: 41 499 €Q4·25Q1 2026 Company: 35 930 €Q2 2026 Company: 40 840 €Q2·26Q3 2026 Company: 24 419 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 20 129 €Q1 2025 Company: 24 995 €Q1·25Q2 2025 Company: 39 455 €Q3 2025 Company: 39 053 €Q3·25Q4 2025 Company: 41 499 €Q1 2026 Company: 35 930 €Q1·26Q2 2026 Company: 40 840 €Q3 2026 Company: 24 419 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 303 006 24 419 56 036 18
Q2 2026 279 055 40 840 44 078 34
Q1 2026 502 485 35 930 38 941 28
Q4 2025 927 974 41 499 44 283 17
Q3 2025 558 131 39 053 42 884 34
Q2 2025 620 502 39 455 43 341 27
Q1 2025 390 318 24 995 27 769 30
Q4 2024 289 325 20 129 19 359 13
Q3 2024 214 150 24 127 17 749 11
Q2 2024 482 361 27 913 25 242 11
Q1 2024 242 645 26 072 19 701 13
Q4 2023 328 974 27 300 21 066 10
Q3 2023 239 348 15 617 17 840 16
Q2 2023 131 144 16 441 16 882 12
Q1 2023 247 628 20 311 20 172 11
Q4 2022 260 446 19 469 20 476 15
Q3 2022 144 537 16 967 17 239 15
Q2 2022 169 751 12 648 15 203 10
Q1 2022 409 596 21 499 24 395 17
Labour taxes per employee per month
1 038 €
Turnover per employee in the quarter
16 834 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 2 655 644 € · +111.1% vs 2024 · industry median 43 814 € · above 98% of the industry
01 0002 0003 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 246 971 € Industry median: 41 237 €20192020 Company: 1 261 753 € Industry median: 36 151 €20202021 Company: 1 620 837 € Industry median: 38 954 €20212022 Company: 802 566 € Industry median: 39 985 €20222023 Company: 947 932 € Industry median: 42 358 €20232024 Company: 1 257 888 € Industry median: 40 830 €20242025 Company: 2 655 644 € Industry median: 43 814 €202501 0002 0003 0002018 Company: — Industry median: —2019 Company: 1 246 971 € Industry median: 41 237 €20192020 Company: 1 261 753 € Industry median: 36 151 €2021 Company: 1 620 837 € Industry median: 38 954 €20212022 Company: 802 566 € Industry median: 39 985 €2023 Company: 947 932 € Industry median: 42 358 €20232024 Company: 1 257 888 € Industry median: 40 830 €2025 Company: 2 655 644 € Industry median: 43 814 €2025
  • Company
  • Industry median

Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 118 834 € · +263.0% vs 2024 · industry median 1 201 € · above 95% of the industry
-150-100-500501001502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -127 963 € Industry median: 1 682 €20192020 Company: 14 597 € Industry median: 1 172 €20202021 Company: -71 261 € Industry median: 1 442 €20212022 Company: -33 809 € Industry median: 1 358 €20222023 Company: 100 465 € Industry median: 1 722 €20232024 Company: 32 734 € Industry median: 841 €20242025 Company: 118 834 € Industry median: 1 201 €2025-150-100-500501001502018 Company: — Industry median: —2019 Company: -127 963 € Industry median: 1 682 €20192020 Company: 14 597 € Industry median: 1 172 €2021 Company: -71 261 € Industry median: 1 442 €20212022 Company: -33 809 € Industry median: 1 358 €2023 Company: 100 465 € Industry median: 1 722 €20232024 Company: 32 734 € Industry median: 841 €2025 Company: 118 834 € Industry median: 1 201 €2025
  • Company
  • Industry median

Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 4.5 % · +1.9 pp vs the year before · industry median 5.5 % · above 47% of the industry
-15-10-50510152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -10.3 % Industry median: 6.2 %20192020 Company: 1.2 % Industry median: 6.0 %20202021 Company: -4.4 % Industry median: 5.8 %20212022 Company: -4.2 % Industry median: 6.9 %20222023 Company: 10.6 % Industry median: 6.2 %20232024 Company: 2.6 % Industry median: 4.3 %20242025 Company: 4.5 % Industry median: 5.5 %2025-15-10-50510152018 Company: — Industry median: —2019 Company: -10.3 % Industry median: 6.2 %20192020 Company: 1.2 % Industry median: 6.0 %2021 Company: -4.4 % Industry median: 5.8 %20212022 Company: -4.2 % Industry median: 6.9 %2023 Company: 10.6 % Industry median: 6.2 %20232024 Company: 2.6 % Industry median: 4.3 %2025 Company: 4.5 % Industry median: 5.5 %2025
  • Company
  • Industry median

Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 438 971 € · +52.6% vs 2024
01002003004005002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 419 887 €20192020 Company: 259 910 €20202021 Company: 236 079 €20212022 Company: 114 101 €20222023 Company: 255 658 €20232024 Company: 287 570 €20242025 Company: 438 971 €202501002003004005002018 Company: —2019 Company: 419 887 €20192020 Company: 259 910 €2021 Company: 236 079 €20212022 Company: 114 101 €2023 Company: 255 658 €20232024 Company: 287 570 €2025 Company: 438 971 €2025
Equity, € thousand 2025: 324 632 € · +57.7% vs 2024
01002003004002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 163 072 €20192020 Company: 177 669 €20202021 Company: 106 408 €20212022 Company: 72 599 €20222023 Company: 173 064 €20232024 Company: 205 798 €20242025 Company: 324 632 €202501002003004002018 Company: —2019 Company: 163 072 €20192020 Company: 177 669 €2021 Company: 106 408 €20212022 Company: 72 599 €2023 Company: 173 064 €20232024 Company: 205 798 €2025 Company: 324 632 €2025
Employees 2025: 23 · +53.3% vs 2024 · industry median 1 · above 98% of the industry
05101520252016 Company: 8 Industry median: —20162017 Company: 4 Industry median: —20172018 Company: 5 Industry median: 220182019 Company: 10 Industry median: 220192020 Company: 14 Industry median: 220202021 Company: 15 Industry median: 220212022 Company: 15 Industry median: 120222023 Company: 15 Industry median: 120232024 Company: 15 Industry median: 120242025 Company: 23 Industry median: 1202505101520252018 Company: 5 Industry median: 22019 Company: 10 Industry median: 220192020 Company: 14 Industry median: 22021 Company: 15 Industry median: 220212022 Company: 15 Industry median: 12023 Company: 15 Industry median: 120232024 Company: 15 Industry median: 12025 Company: 23 Industry median: 12025
  • Company
  • Industry median

Industry: Repair, maintenance and installation of 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 2 655 644 118 834 489 519 438 971 324 632 23
2024 1 257 888 32 734 233 442 287 570 205 798 15
2023 947 932 100 465 229 091 255 658 173 064 15
2022 802 566 -33 809 222 289 114 101 72 599 15
2021 1 620 837 -71 261 225 149 236 079 106 408 15
2020 1 261 753 14 597 199 535 259 910 177 669 14
2019 1 246 971 -127 963 128 796 419 887 163 072 10
2018 — — — — — 5
2017 — — — — — 4
2016 — — — — — 8
2015 — — — — — 8
2014 — — — — — 6
2013 — — — — — 10
2012 — — — — — 8
2011 — — — — — 5
2010 — — — — — 4
2009 — — — — — 0
2006 — — — — — 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
4.5 %
Net profit / revenue
Return on equity (ROE)
36.6 %
Net profit / equity
Return on assets (ROA)
27.1 %
Net profit / assets
Equity ratio
74.0 %
Equity / assets
Debt ratio
26.0 %
Liabilities / assets
Current ratio
3.62
Current assets / current liabilities
Revenue per employee
115 463 €
Revenue / average full-time employees
Labour cost per employee per month
1 774 €
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 19 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 1 Aug 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 14 May 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 Apr 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 15 May 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 2 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 14 Oct 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

  • Osaühing EuroConsult
    Founder · 40 000 € · 27 Apr 2006
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 33151Repair and maintenance of civilian ships and boats Main
  • 43222Installation, maintenance and repair of plumbing and sanitary equipment
Rulings
Number, date Title Deadline State Document
Ä 10098148 / 15
20 Apr 2026
Amendment under Code of Civil Procedure § 595¹ (1) In force
20 Apr 2026
PDF
Ä 10098148 / 14
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10098148 / 13
14 Dec 2020
Amendment entry In force
14 Dec 2020
PDF
Ä 10098148 / 12
29 Apr 2020
Amendment entry In force
29 Apr 2020
PDF
Ä 10098148 / 11
13 Mar 2020
Amendment entry In force
13 Mar 2020
PDF
Ä 10098148 / 10
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10098148 / 9
30 Nov 2017
Amendment entry In force
30 Nov 2017
PDF
Ä 10098148 / 8
31 Aug 2016
Amendment entry In force
31 Aug 2016
PDF
Ä 10098148 / 7
10 Oct 2012
Amendment under Commercial Code § 525 (2) In force
10 Oct 2012
PDF
Ä 10098148 / 6
7 Mar 2012
Amendment entry In force
7 Mar 2012
PDF
Ä 10098148 / M4
1 Mar 2012
Ruling to eliminate deficiencies 23 Apr 2012 In force
1 Mar 2012
PDF
Ä 10098148 / 5
27 Jun 2011
Deletion of activities from the registry card In force
27 Jun 2011
PDF
Ä 98148 / 4
2 Sep 2009
Amendment entry In force
2 Sep 2009
PDF
Ä 98148 / M3
22 Dec 2008
Public service of a ruling in Ametlikud Teadaanded In force
2 Jan 2013
PDF
Ä 98148 / M2
15 Oct 2008
Fine for not filing the report 6 Feb 2009 In force
22 Jan 2009
PDF
Ä 98148 / M1
18 Oct 2007
Warning of a fine: annual report not filed Deficiencies eliminated
18 Oct 2007
PDF
Ä 98148 / 3
29 Jan 2007
Amendment entry In force
29 Jan 2007
PDF
Ä 98148 / 2
15 May 2006
Amendment entry In force
15 May 2006
PDF
Ä 98148
27 Apr 2006
First entry In force
27 Apr 2006
PDF

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