Vara Ehitus OÜ is a OÜ based in Tallinn, registry code 11515411, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €138 945 with 3 employees.
Turnover
138 945 €
↓ 7.0%vs Q2 2026
State taxes
32 574 €
↑ 2.7%vs Q2 2026
Labour taxes
17 670 €
↑ 5.2%vs Q2 2026
Employees
3
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Construction of residential and non-residential buildings · EMTAK 41
Turnover · Q3 2026138 945 €
above 83% of companies
industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee5 890 €
above 98% of companies
industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025770 188 €
above 92% of companies
industry median 38 239 € · companies in the industry: 6 999
Net profit margin · 202529.7 %
above 86% of companies
industry median 3.5 % · companies in the industry: 5 561
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 138 945 € · −7.0% vs Q2 2026 · industry median 25 252 € · above 83% of the industry
Company
Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 5 890 € · +5.2% vs Q2 2026 · industry median 1 211 € · above 98% of the industry
Company
Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 3 · +0.0% vs Q2 2026State taxes, € Q3 2026: 32 574 € · +2.7% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
138 945
32 574
17 670
3
Q2 2026
149 411
31 710
16 794
3
Q1 2026
124 136
35 014
17 033
3
Q4 2025
138 688
36 670
16 889
3
Q3 2025
129 277
36 895
16 735
3
Q2 2025
175 760
36 941
17 268
3
Q1 2025
115 007
28 617
16 568
3
Q4 2024
226 696
32 719
15 754
3
Q3 2024
123 701
32 079
15 813
3
Q2 2024
150 325
35 474
15 257
3
Q1 2024
115 477
27 641
14 331
3
Q4 2023
207 235
44 985
14 698
3
Q3 2023
125 423
23 909
15 017
3
Q2 2023
172 039
32 607
13 731
3
Q1 2023
91 150
18 766
13 400
3
Q4 2022
137 509
29 057
13 586
3
Q3 2022
94 335
18 239
13 675
3
Q2 2022
107 731
21 835
13 218
3
Q1 2022
91 425
21 471
13 124
3
Labour taxes per employee per month
1 963 €
Turnover per employee in the quarter
46 315 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 770 188 € · −3.0% vs 2024 · industry median 38 239 € · above 92% of the industry
Company
Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: 229 066 € · +17.9% vs 2024 · industry median 411 € · above 98% of the industry
Company
Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 29.7 % · +5.3 pp vs the year before · industry median 3.5 % · above 86% of the industry
Company
Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 1 273 726 € · +22.7% vs 2024Equity, € thousand 2025: 1 078 394 € · +27.0% vs 2024Employees2025: 4 · +0.0% vs 2024 · industry median 2 · above 75% of the industry
Company
Industry median
Industry: Construction of residential and non-residential buildings (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
770 188
229 066
156 793
1 273 726
1 078 394
4
2024
793 754
194 243
147 617
1 038 431
849 328
4
2023
596 179
158 465
136 162
791 502
677 585
4
2022
437 712
54 977
139 845
638 765
519 120
4
2021
496 016
25 513
123 057
572 142
464 143
4
2020
372 078
56 432
100 642
551 549
438 630
4
2019
382 582
64 925
104 916
494 601
382 199
4
2018
—
—
—
—
—
4
2017
—
—
—
—
—
3
2016
—
—
—
—
—
3
2015
—
—
—
—
—
2
2014
—
—
—
—
—
2
2013
—
—
—
—
—
1
2012
—
—
—
—
—
1
2011
—
—
—
—
—
1
2010
—
—
—
—
—
1
2009
—
—
—
—
—
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
29.7 %
Net profit / revenue
Return on equity (ROE)
21.2 %
Net profit / equity
Return on assets (ROA)
18.0 %
Net profit / assets
Equity ratio
84.7 %
Equity / assets
Debt ratio
15.3 %
Liabilities / assets
Current ratio
3.68
Current assets / current liabilities
Revenue per employee
192 547 €
Revenue / average full-time employees
Labour cost per employee per month
3 267 €
Labour costs / employees / 12 months (incl. employer taxes)
