OÜ Korras Vara is a OÜ based in Tartu linn, registry code 11288866, status: active. Main activity: Other building completion and finishing. According to EMTA, turnover for Q3 2026 was €11 885 with employees.
Turnover
11 885 €
↑ 7 668.0%vs Q2 2026
State taxes
755 €
↓ 32.5%vs Q2 2026
Labour taxes
0 €
↓ 100.0%vs Q2 2026
Employees
—
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 202611 885 €
above 32% of companies
industry median 23 017 € · companies in the industry: 6 974
Revenue · 2025162 520 €
above 79% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 202516.3 %
above 73% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 11 885 € · +7 668.0% vs Q2 2026 · industry median 23 017 € · above 32% 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, € Q1 2026: 3 018 € · +309.5% vs Q4 2025 · industry median 1 202 € · above 90% 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.
EmployeesQ1 2026: 1 · −66.7% vs Q4 2025State taxes, € Q3 2026: 755 € · −32.5% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
11 885
755
—
—
Q2 2026
153
1 118
1 283
—
Q1 2026
10 306
4 291
3 018
1
Q4 2025
17 288
2 460
2 211
3
Q3 2025
122 490
21 122
2 924
3
Q2 2025
15 009
2 039
1 215
3
Q1 2025
18 464
4 909
1 852
1
Q4 2024
37 161
4 479
963
2
Q3 2024
—
472
504
1
Q2 2024
—
—
—
1
Q1 2024
1 418
434
464
—
Q4 2023
30 083
3 750
1 887
1
Q3 2023
2 513
934
806
2
Q2 2023
1 331
637
682
1
Q1 2023
6 517
952
789
1
Q4 2022
12 000
2 248
781
1
Q3 2022
43 880
5 823
781
1
Q2 2022
10 741
472
116
1
Q1 2022
15 117
1 128
33
—
Financials by year
2016 – 2025
Revenue, € thousand 2025: 162 520 € · +337.3% vs 2024 · industry median 37 328 € · above 79% 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, € thousand 2025: 26 468 € · +288.0% vs 2024 · industry median 561 € · above 89% 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: 16.3 % · +54.2 pp vs the year before · industry median 3.9 % · above 73% 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: 124 512 € · +13.9% vs 2024Equity, € thousand 2025: 101 750 € · +35.2% vs 2024Employees2025: 3 · +200.0% vs 2024 · industry median 1 · above 75% 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
162 520
26 468
28 837
124 512
101 750
3
2024
37 161
-14 077
9 637
109 326
75 282
1
2023
37 999
-26 879
13 327
94 387
89 359
1
2022
79 773
109 679
7 888
125 250
116 239
1
2021
54 185
-15 845
9 722
122 393
6 560
2
2020
28 464
-719
6 067
129 698
22 405
1
2019
67 281
-3 292
2 898
126 589
23 124
1
2018
—
—
—
—
—
1
2017
—
—
—
—
—
1
2016
—
—
—
—
—
2
2015
—
—
—
—
—
2
2014
—
—
—
—
—
1
2013
—
—
—
—
—
1
2012
—
—
—
—
—
1
2011
—
—
—
—
—
1
2010
—
—
—
—
—
1
2009
—
—
—
—
—
2
2008
—
—
—
—
—
0
2007
—
—
—
—
—
2
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
16.3 %
Net profit / revenue
Return on equity (ROE)
26.0 %
Net profit / equity
Return on assets (ROA)
21.3 %
Net profit / assets
Equity ratio
81.7 %
Equity / assets
Debt ratio
18.3 %
Liabilities / assets
Current ratio
5.56
Current assets / current liabilities
Revenue per employee
54 173 €
Revenue / average full-time employees
Labour cost per employee per month
801 €
Labour costs / employees / 12 months (incl. employer taxes)
