Tandem Group OÜ is a OÜ based in Tallinn, registry code 11549456, status: active. Main activity: Manufacture of furniture, except mattresses. According to EMTA, turnover for Q3 2026 was €79 471 with 5 employees.
Turnover
79 471 €
↑ 65.4%vs Q2 2026
State taxes
16 852 €
↑ 86.1%vs Q2 2026
Labour taxes
6 340 €
↓ 3.9%vs Q2 2026
Employees
5
−1vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of furniture · EMTAK 31
Turnover · Q3 202679 471 €
above 69% of companies
industry median 30 440 € · companies in the industry: 721
Labour taxes per employee1 268 €
above 44% of companies
industry median 1 400 € · companies in the industry: 606
Revenue · 2025325 053 €
above 78% of companies
industry median 50 390 € · companies in the industry: 970
Net profit margin · 202527.7 %
above 92% of companies
industry median 1.1 % · companies in the industry: 795
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 79 471 € · +65.4% vs Q2 2026 · industry median 30 440 € · above 69% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 268 € · +15.3% vs Q2 2026 · industry median 1 400 € · above 44% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 5 · −16.7% vs Q2 2026State taxes, € Q3 2026: 16 852 € · +86.1% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
79 471
16 852
6 340
5
Q2 2026
48 034
9 056
6 596
6
Q1 2026
66 947
9 474
3 113
6
Q4 2025
131 834
24 817
4 279
6
Q3 2025
81 039
17 088
5 251
5
Q2 2025
64 408
8 074
3 962
6
Q1 2025
63 135
10 120
3 550
5
Q4 2024
43 816
6 634
3 474
5
Q3 2024
60 879
11 751
3 982
5
Q2 2024
97 487
16 726
3 888
5
Q1 2024
57 356
9 369
3 170
4
Q4 2023
67 635
9 888
3 267
4
Q3 2023
27 803
5 872
4 136
4
Q2 2023
31 960
5 644
3 822
5
Q1 2023
37 706
6 799
3 313
5
Q4 2022
58 030
8 160
2 862
5
Q3 2022
52 263
5 691
3 802
4
Q2 2022
54 079
9 178
3 705
5
Q1 2022
16 760
3 535
2 935
5
Labour taxes per employee per month
423 €
Turnover per employee in the quarter
15 894 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 325 053 € · +37.9% vs 2024 · industry median 50 390 € · above 78% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 90 152 € · +79.5% vs 2024 · industry median 124 € · above 95% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 27.7 % · +6.4 pp vs the year before · industry median 1.1 % · above 92% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 201 928 € · +88.3% vs 2024Equity, € thousand 2025: 158 008 € · +132.9% vs 2024Employees2025: 5 · +0.0% vs 2024 · industry median 2 · above 70% of the industry
Company
Industry median
Industry: Manufacture of furniture (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
325 053
90 152
61 794
201 928
158 008
5
2024
235 731
50 217
60 253
107 213
67 856
5
2023
166 684
4 241
54 752
58 555
17 639
4
2022
168 877
9 215
48 591
51 094
13 398
5
2021
105 095
598
29 885
25 727
4 183
5
2020
53 043
-1 779
22 175
18 397
3 585
2
2019
111 361
3 346
41 098
15 743
5 364
3
2018
—
—
—
—
—
3
2017
—
—
—
—
—
6
2016
—
—
—
—
—
6
2015
—
—
—
—
—
7
2014
—
—
—
—
—
5
2013
—
—
—
—
—
4
2012
—
—
—
—
—
4
2011
—
—
—
—
—
5
2010
—
—
—
—
—
4
2009
—
—
—
—
—
3
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
27.7 %
Net profit / revenue
Return on equity (ROE)
57.1 %
Net profit / equity
Return on assets (ROA)
44.6 %
Net profit / assets
Equity ratio
78.2 %
Equity / assets
Debt ratio
21.8 %
Liabilities / assets
Current ratio
4.16
Current assets / current liabilities
Revenue per employee
65 011 €
Revenue / average full-time employees
Labour cost per employee per month
1 030 €
Labour costs / employees / 12 months (incl. employer taxes)
