Veldan Ehitus OÜ

Active Registry code 11557556 OÜ Tallinn Registered 9 Dec 2008

Veldan Ehitus OÜ is a OÜ based in Tallinn, registry code 11557556, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €153 670 with 5 employees.

Turnover

153 670 €

↑ 6.0% vs Q2 2026

State taxes

11 843 €

↓ 35.3% vs Q2 2026

Labour taxes

9 872 €

↑ 5.8% vs Q2 2026

Employees

−2 vs 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 2026 153 670 €

above 85% of companies

industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee 1 974 €

above 76% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025 500 106 €

above 89% of companies

industry median 38 239 € · companies in the industry: 6 999
Net profit margin · 2025 0.3 %

above 34% of companies

industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 153 670 € · +6.0% vs Q2 2026 · industry median 25 252 € · above 85% 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: 1 974 € · +48.1% vs Q2 2026 · industry median 1 211 € · above 76% 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.

Employees Q3 2026: 5 · −28.6% vs Q2 2026

State taxes, € Q3 2026: 11 843 € · −35.3% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	153 670	11 843	9 872	5
Q2 2026	144 969	18 296	9 332	7
Q1 2026	79 644	9 877	10 450	7
Q4 2025	205 643	15 095	12 922	6
Q3 2025	136 122	13 337	14 004	6
Q2 2025	89 135	14 244	14 151	7
Q1 2025	64 628	13 750	14 441	7
Q4 2024	220 961	15 193	13 749	7
Q3 2024	312 221	24 086	13 686	7
Q2 2024	252 256	23 855	15 411	7
Q1 2024	280 443	25 317	21 734	7
Q4 2023	213 224	20 096	17 554	11
Q3 2023	178 384	14 385	14 456	8
Q2 2023	155 375	14 958	13 973	7
Q1 2023	189 235	17 508	16 816	7
Q4 2022	247 331	16 807	17 621	8
Q3 2022	121 512	16 472	17 290	9
Q2 2022	170 082	13 981	14 647	9
Q1 2022	169 068	13 480	14 027	9

Labour taxes per employee per month

658 €

Turnover per employee in the quarter

30 734 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 500 106 € · −45.9% vs 2024 · industry median 38 239 € · above 89% 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, € 2025: 1 422 € · −96.6% vs 2024 · industry median 411 € · above 56% 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: 0.3 % · −4.2 pp vs the year before · industry median 3.5 % · above 34% 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: 188 328 € · −22.0% vs 2024

Equity, € 2025: 37 447 € · −33.2% vs 2024

Employees 2025: 6 · −40.0% vs 2024 · industry median 2 · above 85% 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	500 106	1 422	319 484	188 328	37 447	6
2024	923 781	41 238	350 926	241 411	56 024	10
2023	835 968	-42 995	333 259	218 130	14 786	10
2022	679 475	4 401	334 489	203 140	57 781	10
2021	712 988	20 334	270 732	212 499	53 380	10
2020	502 461	26 903	212 582	157 047	58 046	10
2019	548 068	8 931	292 669	134 920	51 143	10
2018	—	—	—	—	—	10
2017	—	—	—	—	—	12
2016	—	—	—	—	—	10
2015	—	—	—	—	—	9
2014	—	—	—	—	—	9
2013	—	—	—	—	—	8
2012	—	—	—	—	—	7
2011	—	—	—	—	—	4
2010	—	—	—	—	—	2
2009	—	—	—	—	—	0

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

0.3 %

Net profit / revenue

Return on equity (ROE)

3.8 %

Net profit / equity

Return on assets (ROA)

0.8 %

Net profit / assets

Equity ratio

19.9 %

Equity / assets

Debt ratio

80.1 %

Liabilities / assets

Current ratio

0.93

Current assets / current liabilities

Revenue per employee

83 351 €

Revenue / average full-time employees

Labour cost per employee per month

4 437 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	1 Jul 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	11 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	25 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	29 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	27 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	2 Jul 2020	Company’s own	e-Äriregister

Board

Tõnu Näär
Board member · since 10 Feb 2009

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Tõnu Näär
Natural person · 2 556 €

100%

Beneficial owners

Tõnu Näär
Direct ownership · since 27 Oct 2018

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main

Rulings 13

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10123295 / 11 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 10123295 / 10 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10123295 / 9 30 Nov 2017	Amendment entry		In force 30 Nov 2017	PDF
Ä 10123295 / 8 12 Sep 2016	Amendment entry		In force 12 Sep 2016	PDF
Ä 10123295 / 7 13 Dec 2011	Amendment entry		In force 13 Dec 2011	PDF
Ä 10123295 / M2 24 Nov 2011	Ruling to eliminate deficiencies	24 Dec 2011	In force 24 Nov 2011	PDF
Ä 123295 / 6 21 Dec 2009	Amendment entry		In force 21 Dec 2009	PDF
Ä 123295 / M1 26 Nov 2009	Ruling to eliminate deficiencies	28 Dec 2009	In force 26 Nov 2009	PDF
Ä 123295 / 5 10 Feb 2009	Amendment entry		In force 10 Feb 2009	PDF
Ä 123295 / 4 23 Jan 2009	Note on closing the former card of a transformed company		In force 23 Jan 2009	PDF
Ä 123295 / 3 23 Jan 2009	Second (constitutive) transformation entry		In force 23 Jan 2009	PDF
Ä 123295 / 2 23 Jan 2009	First (declaratory) transformation entry		In force 23 Jan 2009	PDF
Ä 123295 9 Dec 2008	First entry		In force 9 Dec 2008	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

Veldan Ehitus OÜ

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 13