Modex OÜ is a OÜ based in Kaasiku küla, registry code 11892852, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €107 107 with 3 employees.
Turnover
107 107 €
↓ 2.6%vs Q2 2026
State taxes
25 510 €
↑ 30.2%vs Q2 2026
Labour taxes
11 414 €
↑ 35.6%vs Q2 2026
Employees
3
−1vs 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 2026107 107 €
above 80% of companies
industry median 25 270 € · companies in the industry: 4 697
Labour taxes per employee3 805 €
above 94% of companies
industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025366 812 €
above 86% of companies
industry median 38 239 € · companies in the industry: 7 001
Net profit margin · 2025-12.9 %
above 15% of companies
industry median 3.5 % · companies in the industry: 5 562
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 107 107 € · −2.6% vs Q2 2026 · industry median 25 270 € · above 80% 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: 3 805 € · +80.9% vs Q2 2026 · industry median 1 211 € · above 94% 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 · −25.0% vs Q2 2026State taxes, € Q3 2026: 25 510 € · +30.2% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
107 107
25 510
11 414
3
Q2 2026
110 013
19 599
8 415
4
Q1 2026
27 121
11 721
9 285
4
Q4 2025
46 021
21 181
16 654
3
Q3 2025
148 473
35 614
17 475
5
Q2 2025
130 155
33 559
16 287
5
Q1 2025
106 430
42 317
23 218
5
Q4 2024
146 152
38 942
14 380
5
Q3 2024
138 637
27 255
15 707
3
Q2 2024
85 469
20 418
9 470
5
Q1 2024
48 666
11 599
7 458
4
Q4 2023
66 643
15 154
8 852
4
Q3 2023
152 783
21 733
6 685
5
Q2 2023
29 995
3 271
3 347
3
Q1 2023
33 359
6 992
2 899
2
Q4 2022
14 117
5 128
5 386
2
Q3 2022
85 566
7 998
4 701
3
Q2 2022
50 486
7 298
1 987
3
Q1 2022
2 018
385
385
1
Labour taxes per employee per month
1 268 €
Turnover per employee in the quarter
35 702 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 366 812 € · −21.7% vs 2024 · industry median 38 239 € · 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.
Net profit, € thousand 2025: -47 154 € · −143.1% vs 2024 · industry median 409 € · above 2% 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: -12.9 % · −36.2 pp vs the year before · industry median 3.5 % · above 15% 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: 122 285 € · −39.0% vs 2024Equity, € thousand 2025: 65 594 € · −41.8% vs 2024Employees2025: 4 · −33.3% 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
366 812
-47 154
152 282
122 285
65 594
4
2024
468 182
109 389
140 972
200 304
112 748
6
2023
283 253
38 729
61 413
85 076
46 945
3
2022
172 683
6 720
34 222
57 136
8 216
2
2021
37 790
7 051
17 226
4 341
1 496
3
2020
15 109
-3 628
4 580
1 507
1 507
1
2019
4 721
2 546
0
6 048
5 135
0
2018
—
—
—
—
—
0
2017
—
—
—
—
—
0
2016
—
—
—
—
—
0
2015
—
—
—
—
—
0
2014
—
—
—
—
—
0
2013
—
—
—
—
—
0
2012
—
—
—
—
—
0
2011
—
—
—
—
—
0
2010
—
—
—
—
—
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
-12.9 %
Net profit / revenue
Return on equity (ROE)
-71.9 %
Net profit / equity
Return on assets (ROA)
-38.6 %
Net profit / assets
Equity ratio
53.6 %
Equity / assets
Debt ratio
46.4 %
Liabilities / assets
Current ratio
1.05
Current assets / current liabilities
Revenue per employee
91 703 €
Revenue / average full-time employees
Labour cost per employee per month
3 173 €
Labour costs / employees / 12 months (incl. employer taxes)
