OÜ NOVALETTO SHIPWORKS is a OÜ based in Tallinn, registry code 11411449, status: active. Main activity: Repair and maintenance of civilian ships and boats. According to EMTA, turnover for Q3 2026 was €9 205 with 10 employees.
Turnover
9 205 €
↓ 69.0%vs Q2 2026
State taxes
20 315 €
↓ 19.6%vs Q2 2026
Labour taxes
17 674 €
↓ 6.1%vs Q2 2026
Employees
10
+1vs 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 20269 205 €
above 27% of companies
industry median 21 365 € · companies in the industry: 1 050
Labour taxes per employee1 767 €
above 57% of companies
industry median 1 557 € · companies in the industry: 808
Revenue · 2025859 582 €
above 91% of companies
industry median 44 022 € · companies in the industry: 1 447
Net profit margin · 202511.0 %
above 64% of companies
industry median 5.4 % · companies in the industry: 1 225
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 9 205 € · −69.0% vs Q2 2026 · industry median 21 365 € · above 27% of the industry
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: 1 767 € · −15.5% vs Q2 2026 · industry median 1 557 € · above 57% of the industry
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.
EmployeesQ3 2026: 10 · +11.1% vs Q2 2026State taxes, € Q3 2026: 20 315 € · −19.6% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
9 205
20 315
17 674
10
Q2 2026
29 732
25 281
18 817
9
Q1 2026
213 760
29 276
22 041
16
Q4 2025
419 963
60 778
45 918
5
Q3 2025
175 417
18 458
17 538
22
Q2 2025
107 430
11 177
5 467
3
Q1 2025
102 340
16 158
7 857
3
Q4 2024
45 624
3 501
5 955
6
Q3 2024
23 390
5 151
6 373
3
Q2 2024
126 234
—
4 890
4
Q1 2024
84 742
3 121
3 392
4
Q4 2023
134 341
8 810
9 613
6
Q3 2023
98 741
2 868
5 976
15
Q2 2023
279 014
18 204
17 940
10
Q1 2023
71 397
4 213
4 522
16
Q4 2022
47 163
1 333
3 244
2
Q3 2022
62 105
15 426
15 449
2
Q2 2022
538 399
48 260
24 752
3
Q1 2022
87 304
15 509
9 589
19
Labour taxes per employee per month
589 €
Turnover per employee in the quarter
921 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 859 582 € · +173.3% vs 2024 · industry median 44 022 € · above 91% of the industry
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: 94 836 € · +218.6% vs 2024 · industry median 1 205 € · above 93% of the industry
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: 11.0 % · +36.5 pp vs the year before · industry median 5.4 % · above 64% of the industry
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: 411 569 € · +29.6% vs 2024Equity, € thousand 2025: 345 487 € · +27.8% vs 2024Employees2025: 11 · +175.0% vs 2024 · industry median 1 · above 91% of the industry
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
859 582
94 836
283 528
411 569
345 487
11
2024
314 472
-79 939
60 512
317 454
270 351
4
2023
639 335
24 510
102 879
379 823
350 290
8
2022
664 459
112 539
119 942
348 441
325 780
8
2021
481 912
1 481
196 857
262 709
245 501
14
2020
626 005
136 840
176 717
312 642
244 020
13
2019
423 011
-42 008
161 525
115 402
107 180
15
2018
—
—
—
—
—
10
2017
—
—
—
—
—
2
2016
—
—
—
—
—
3
2015
—
—
—
—
—
4
2014
—
—
—
—
—
21
2013
—
—
—
—
—
29
2012
—
—
—
—
—
21
2011
—
—
—
—
—
15
2010
—
—
—
—
—
6
2009
—
—
—
—
—
0
2008
—
—
—
—
—
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
11.0 %
Net profit / revenue
Return on equity (ROE)
27.4 %
Net profit / equity
Return on assets (ROA)
23.0 %
Net profit / assets
Equity ratio
83.9 %
Equity / assets
Debt ratio
16.1 %
Liabilities / assets
Current ratio
6.30
Current assets / current liabilities
Revenue per employee
78 144 €
Revenue / average full-time employees
Labour cost per employee per month
2 148 €
Labour costs / employees / 12 months (incl. employer taxes)
