OÜ Kvaleks

Active Registry code 11589027 OÜ Tallinn Registered 11 Feb 2009
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OÜ Kvaleks is a OÜ based in Tallinn, registry code 11589027, status: active. Main activity: All other professional, scientific and technical activities n.e.c.. According to EMTA, turnover for Q3 2026 was €9 478 with 2 employees.

Turnover
9 478 €
↓ 51.4% vs Q2 2026
State taxes
4 781 €
↓ 33.8% vs Q2 2026
Labour taxes
3 116 €
↑ 0.0% vs Q2 2026
Employees
2
±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Other professional, scientific and technical activities · EMTAK 74

  • Turnover · Q3 2026 9 478 €
    industry median 9 242 € · companies in the industry: 2 536
  • Labour taxes per employee 1 558 €
    industry median 1 194 € · companies in the industry: 1 746
  • Revenue · 2025 64 377 €
    industry median 6 586 € · companies in the industry: 7 527
  • Net profit margin · 2025 30.3 %
    industry median 10.4 % · companies in the industry: 5 370

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 9 478 € · −51.4% vs Q2 2026 · industry median 9 242 € · above 51% of the industry
05 00010 00015 00020 00025 000Q4 2023 Company: 19 751 € Industry median: 9 785 €Q4·23Q1 2024 Company: 11 375 € Industry median: 8 800 €Q2 2024 Company: 22 148 € Industry median: 8 986 €Q2·24Q3 2024 Company: 6 668 € Industry median: 8 842 €Q4 2024 Company: 24 360 € Industry median: 9 244 €Q4·24Q1 2025 Company: 18 304 € Industry median: 8 763 €Q2 2025 Company: 15 040 € Industry median: 9 000 €Q2·25Q3 2025 Company: 11 269 € Industry median: 8 656 €Q4 2025 Company: 23 834 € Industry median: 9 635 €Q4·25Q1 2026 Company: 16 708 € Industry median: 8 777 €Q2 2026 Company: 19 501 € Industry median: 9 058 €Q2·26Q3 2026 Company: 9 478 € Industry median: 9 242 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 24 360 € Industry median: 9 244 €Q1 2025 Company: 18 304 € Industry median: 8 763 €Q1·25Q2 2025 Company: 15 040 € Industry median: 9 000 €Q3 2025 Company: 11 269 € Industry median: 8 656 €Q3·25Q4 2025 Company: 23 834 € Industry median: 9 635 €Q1 2026 Company: 16 708 € Industry median: 8 777 €Q1·26Q2 2026 Company: 19 501 € Industry median: 9 058 €Q3 2026 Company: 9 478 € Industry median: 9 242 €Q3·26
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 558 € · +0.0% vs Q2 2026 · industry median 1 194 € · above 67% of the industry
05001 0001 5002 000Q4 2023 Company: 1 160 € Industry median: 933 €Q4·23Q1 2024 Company: 1 197 € Industry median: 999 €Q2 2024 Company: 1 219 € Industry median: 1 040 €Q2·24Q3 2024 Company: 1 200 € Industry median: 1 017 €Q4 2024 Company: 1 182 € Industry median: 1 008 €Q4·24Q1 2025 Company: 1 314 € Industry median: 1 085 €Q2 2025 Company: 1 307 € Industry median: 1 126 €Q2·25Q3 2025 Company: 1 307 € Industry median: 1 126 €Q4 2025 Company: 1 325 € Industry median: 1 136 €Q4·25Q1 2026 Company: 1 519 € Industry median: 1 132 €Q2 2026 Company: 1 558 € Industry median: 1 132 €Q2·26Q3 2026 Company: 1 558 € Industry median: 1 194 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 182 € Industry median: 1 008 €Q1 2025 Company: 1 314 € Industry median: 1 085 €Q1·25Q2 2025 Company: 1 307 € Industry median: 1 126 €Q3 2025 Company: 1 307 € Industry median: 1 126 €Q3·25Q4 2025 Company: 1 325 € Industry median: 1 136 €Q1 2026 Company: 1 519 € Industry median: 1 132 €Q1·26Q2 2026 Company: 1 558 € Industry median: 1 132 €Q3 2026 Company: 1 558 € Industry median: 1 194 €Q3·26
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026
0.00.51.01.52.0Q4 2023 Company: 2Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q4 2025 Company: 2Q4·25Q1 2026 Company: 2Q2 2026 Company: 2Q2·26Q3 2026 Company: 2Q3·260.00.51.01.52.0Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: 2Q1 2026 Company: 2Q1·26Q2 2026 Company: 2Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 4 781 € · −33.8% vs Q2 2026
02 0004 0006 0008 000Q4 2023 Company: 5 764 €Q4·23Q1 2024 Company: 4 203 €Q2 2024 Company: 6 744 €Q2·24Q3 2024 Company: 3 506 €Q4 2024 Company: 6 835 €Q4·24Q1 2025 Company: 5 498 €Q2 2025 Company: 5 533 €Q2·25Q3 2025 Company: 5 591 €Q4 2025 Company: 7 949 €Q4·25Q1 2026 Company: 7 112 €Q2 2026 Company: 7 218 €Q2·26Q3 2026 Company: 4 781 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 6 835 €Q1 2025 Company: 5 498 €Q1·25Q2 2025 Company: 5 533 €Q3 2025 Company: 5 591 €Q3·25Q4 2025 Company: 7 949 €Q1 2026 Company: 7 112 €Q1·26Q2 2026 Company: 7 218 €Q3 2026 Company: 4 781 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 9 478 4 781 3 116 2
Q2 2026 19 501 7 218 3 116 2
Q1 2026 16 708 7 112 3 038 2
Q4 2025 23 834 7 949 2 650 2
Q3 2025 11 269 5 591 2 614 2
Q2 2025 15 040 5 533 2 614 2
Q1 2025 18 304 5 498 2 628 2
Q4 2024 24 360 6 835 2 363 2
Q3 2024 6 668 3 506 2 400 2
Q2 2024 22 148 6 744 2 438 2
Q1 2024 11 375 4 203 2 394 2
Q4 2023 19 751 5 764 2 320 2
Q3 2023 6 940 3 310 2 358 2
Q2 2023 13 706 4 996 2 471 2
Q1 2023 8 208 3 739 2 358 2
Q4 2022 17 955 5 368 2 320 2
Q3 2022 3 937 3 631 2 320 2
Q2 2022 17 125 5 563 2 111 2
Q1 2022 8 620 10 662 2 185 2
Labour taxes per employee per month
519 €
Turnover per employee in the quarter
4 739 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € 2025: 64 377 € · −3.3% vs 2024 · industry median 6 586 € · above 89% of the industry
020 00040 00060 00080 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 53 421 € Industry median: 6 976 €20192020 Company: 50 216 € Industry median: 6 206 €20202021 Company: 51 089 € Industry median: 6 670 €20212022 Company: 46 612 € Industry median: 6 917 €20222023 Company: 51 361 € Industry median: 6 395 €20232024 Company: 66 568 € Industry median: 6 500 €20242025 Company: 64 377 € Industry median: 6 586 €2025020 00040 00060 00080 0002018 Company: — Industry median: —2019 Company: 53 421 € Industry median: 6 976 €20192020 Company: 50 216 € Industry median: 6 206 €2021 Company: 51 089 € Industry median: 6 670 €20212022 Company: 46 612 € Industry median: 6 917 €2023 Company: 51 361 € Industry median: 6 395 €20232024 Company: 66 568 € Industry median: 6 500 €2025 Company: 64 377 € Industry median: 6 586 €2025
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 19 506 € · −30.8% vs 2024 · industry median 107 € · above 90% of the industry
010 00020 00030 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 27 839 € Industry median: 376 €20192020 Company: 24 273 € Industry median: 290 €20202021 Company: 16 585 € Industry median: 454 €20212022 Company: 3 167 € Industry median: 251 €20222023 Company: 12 020 € Industry median: 219 €20232024 Company: 28 205 € Industry median: 183 €20242025 Company: 19 506 € Industry median: 107 €2025010 00020 00030 0002018 Company: — Industry median: —2019 Company: 27 839 € Industry median: 376 €20192020 Company: 24 273 € Industry median: 290 €2021 Company: 16 585 € Industry median: 454 €20212022 Company: 3 167 € Industry median: 251 €2023 Company: 12 020 € Industry median: 219 €20232024 Company: 28 205 € Industry median: 183 €2025 Company: 19 506 € Industry median: 107 €2025
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 30.3 % · −12.1 pp vs the year before · industry median 10.4 % · above 69% of the industry
02040602016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 52.1 % Industry median: 13.6 %20192020 Company: 48.3 % Industry median: 14.5 %20202021 Company: 32.5 % Industry median: 16.1 %20212022 Company: 6.8 % Industry median: 12.9 %20222023 Company: 23.4 % Industry median: 13.2 %20232024 Company: 42.4 % Industry median: 11.3 %20242025 Company: 30.3 % Industry median: 10.4 %202502040602018 Company: — Industry median: —2019 Company: 52.1 % Industry median: 13.6 %20192020 Company: 48.3 % Industry median: 14.5 %2021 Company: 32.5 % Industry median: 16.1 %20212022 Company: 6.8 % Industry median: 12.9 %2023 Company: 23.4 % Industry median: 13.2 %20232024 Company: 42.4 % Industry median: 11.3 %2025 Company: 30.3 % Industry median: 10.4 %2025
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 111 009 € · +15.5% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 82 573 €20192020 Company: 103 525 €20202021 Company: 86 402 €20212022 Company: 61 392 €20222023 Company: 69 403 €20232024 Company: 96 095 €20242025 Company: 111 009 €202502550751001252018 Company: —2019 Company: 82 573 €20192020 Company: 103 525 €2021 Company: 86 402 €20212022 Company: 61 392 €2023 Company: 69 403 €20232024 Company: 96 095 €2025 Company: 111 009 €2025
Equity, € thousand 2025: 105 927 € · +16.0% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 69 916 €20192020 Company: 94 189 €20202021 Company: 80 635 €20212022 Company: 57 978 €20222023 Company: 66 127 €20232024 Company: 91 321 €20242025 Company: 105 927 €202502550751001252018 Company: —2019 Company: 69 916 €20192020 Company: 94 189 €2021 Company: 80 635 €20212022 Company: 57 978 €2023 Company: 66 127 €20232024 Company: 91 321 €2025 Company: 105 927 €2025
Employees 2025: 2 · +0.0% vs 2024 · industry median 1 · above 85% of the industry
0.00.51.01.52.02016 Company: 1 Industry median: —20162017 Company: 1 Industry median: —20172018 Company: 1 Industry median: 120182019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 120202021 Company: 1 Industry median: 120212022 Company: 2 Industry median: 120222023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 120242025 Company: 2 Industry median: 120250.00.51.01.52.02018 Company: 1 Industry median: 12019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 12021 Company: 1 Industry median: 120212022 Company: 2 Industry median: 12023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 12025 Company: 2 Industry median: 12025
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (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 64 377 19 506 25 224 111 009 105 927 2
2024 66 568 28 205 23 007 96 095 91 321 2
2023 51 361 12 020 22 512 69 403 66 127 2
2022 46 612 3 167 21 049 61 392 57 978 2
2021 51 089 16 585 11 239 86 402 80 635 1
2020 50 216 24 273 11 239 103 525 94 189 1
2019 53 421 27 839 9 950 82 573 69 916 1
2018 — — — — — 1
2017 — — — — — 1
2016 — — — — — 1
2015 — — — — — 1
2014 — — — — — 1
2013 — — — — — 1
2012 — — — — — 1
2011 — — — — — 1
2010 — — — — — 1
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
30.3 %
Net profit / revenue
Return on equity (ROE)
18.4 %
Net profit / equity
Return on assets (ROA)
17.6 %
Net profit / assets
Equity ratio
95.4 %
Equity / assets
Debt ratio
4.6 %
Liabilities / assets
Current ratio
17.29
Current assets / current liabilities
Revenue per employee
32 189 €
Revenue / average full-time employees
Labour cost per employee per month
1 051 €
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 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 17 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 26 May 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 19 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 29 Oct 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

  • Merike Milber
    Member of a senior management body (management or supervisory board) · since 30 Jun 2025
  • Urmas Prede
    Member of a senior management body (management or supervisory board) · since 22 Oct 2018

Founders and other persons

Activities (EMTAK)

  • 74991All other professional, scientific and technical activities n.e.c. Main
Rulings
Number, date Title Deadline State Document
Ä 10125272 / 8
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 10125272 / 7
9 Mar 2022
Amendment entry In force
9 Mar 2022
PDF
Ä 10125272 / 6
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10125272 / 5
30 Nov 2017
Amendment entry In force
30 Nov 2017
PDF
Ä 10125272 / 4
31 Aug 2016
Amendment entry In force
31 Aug 2016
PDF
Ä 10125272 / 3
20 Jan 2012
Amendment under Commercial Code § 525 (2) In force
20 Jan 2012
PDF
Ä 10125272 / 2
20 May 2011
Amendment entry In force
20 May 2011
PDF
Ä 125272 / M1
23 Feb 2009
Refund of the state fee In force
23 Feb 2009
PDF
Ä 125272
11 Feb 2009
First entry In force
11 Feb 2009
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data