Osaühing Blackwater is a OÜ based in Tallinn, registry code 11530959, status: active. Main activity: Research and experimental development on natural sciences and engineering. According to EMTA, turnover for Q3 2026 was €108 374 with 10 employees.
Turnover
108 374 €
↑ 2 095.6%vs Q2 2026
State taxes
10 374 €
↑ 187.5%vs Q2 2026
Labour taxes
5 618 €
↑ 1 159.6%vs Q2 2026
Employees
10
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Scientific research and development · EMTAK 72
Turnover · Q3 2026108 374 €
above 85% of companies
industry median 14 442 € · companies in the industry: 318
Labour taxes per employee562 €
above 17% of companies
industry median 2 218 € · companies in the industry: 234
Revenue · 2025185 400 €
above 93% of companies
industry median 0 € · companies in the industry: 1 073
Net profit margin · 202553.4 %
above 73% of companies
industry median 13.5 % · companies in the industry: 597
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 108 374 € · +2 095.6% vs Q2 2026 · industry median 14 442 € · above 85% of the industry
Company
Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 562 € · +1 159.6% vs Q2 2026 · industry median 2 218 € · above 17% of the industry
Company
Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 10 · +0.0% vs Q2 2026State taxes, € Q3 2026: 10 374 € · +187.5% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
108 374
10 374
5 618
10
Q2 2026
4 936
3 608
446
10
Q1 2026
74 148
9 768
4 260
10
Q4 2025
76 725
7 779
3 573
10
Q3 2025
89 446
19 558
8 195
10
Q2 2025
73 780
3 226
297
10
Q1 2025
31 732
13 422
4 115
10
Q4 2024
34 080
7 404
4 130
10
Q3 2024
29 594
3 460
1 785
9
Q2 2024
56 524
9 054
3 291
9
Q1 2024
41 840
7 830
5 576
9
Q4 2023
11 996
5 571
1 410
9
Q3 2023
16 965
5 068
3 255
9
Q2 2023
29 389
3 457
1 586
9
Q1 2023
30 664
7 085
4 665
8
Q4 2022
17 283
3 193
1 691
8
Q3 2022
18 748
8 226
5 329
7
Q2 2022
36 953
6 341
2 467
7
Q1 2022
6 450
6 155
4 674
7
Labour taxes per employee per month
187 €
Turnover per employee in the quarter
10 837 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 185 400 € · +33.6% vs 2024 · industry median 0 € · above 93% of the industry
Company
Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 98 966 € · +40.5% vs 2024 · industry median 0 € · above 98% of the industry
Company
Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 53.4 % · +2.6 pp vs the year before · industry median 13.5 % · above 73% of the industry
Company
Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 269 344 € · +12.9% vs 2024Equity, € thousand 2025: 246 206 € · +27.2% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
Company
Industry median
Industry: Scientific research and development (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
185 400
98 966
29 042
269 344
246 206
1
2024
138 723
70 447
22 222
238 468
193 611
1
2023
113 600
58 664
16 115
196 991
123 166
1
2022
101 000
41 208
24 584
168 455
94 784
1
2021
78 000
14 891
17 408
138 330
113 590
1
2020
115 800
34 373
21 966
226 480
168 699
2
2019
82 347
27 669
4 735
218 880
164 327
1
2018
—
—
—
—
—
2
2017
—
—
—
—
—
1
2016
—
—
—
—
—
2
2015
—
—
—
—
—
1
2014
—
—
—
—
—
1
2013
—
—
—
—
—
3
2012
—
—
—
—
—
3
2011
—
—
—
—
—
2
2010
—
—
—
—
—
3
2009
—
—
—
—
—
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
52.7 %
Net profit / revenue
Return on equity (ROE)
40.2 %
Net profit / equity
Return on assets (ROA)
36.7 %
Net profit / assets
Equity ratio
91.4 %
Equity / assets
Debt ratio
8.6 %
Liabilities / assets
Current ratio
37.58
Current assets / current liabilities
Revenue per employee
187 790 €
Revenue / average full-time employees
Labour cost per employee per month
2 420 €
Labour costs / employees / 12 months (incl. employer taxes)
