Norete Grupp OÜ is a OÜ based in Tallinn, registry code 11942544, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €2 304 010 with 3 employees.
Turnover
2 304 010 €
↑ 432.1%vs Q2 2026
State taxes
176 942 €
↑ 439.6%vs Q2 2026
Labour taxes
21 243 €
↑ 20.5%vs Q2 2026
Employees
3
±0vs 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 20262.3 mn €
above 98% of companies
industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee7 081 €
above 98% of companies
industry median 1 211 € · companies in the industry: 4 133
Revenue · 20254.1 mn €
above 98% of companies
industry median 38 239 € · companies in the industry: 6 999
Net profit margin · 20258.3 %
above 63% of companies
industry median 3.5 % · companies in the industry: 5 561
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 2 304 010 € · +432.1% vs Q2 2026 · industry median 25 252 € · above 98% 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: 7 081 € · +20.5% vs Q2 2026 · industry median 1 211 € · above 98% 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.
Revenue, € thousand 2025: 4 140 210 € · −8.5% vs 2024 · industry median 38 239 € · above 98% 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: 344 780 € · −25.7% vs 2024 · industry median 411 € · above 98% 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: 8.3 % · −1.9 pp vs the year before · industry median 3.5 % · above 63% 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: 2 299 157 € · +9.3% vs 2024Equity, € thousand 2025: 2 073 116 € · +17.6% vs 2024Employees2025: 5 · +0.0% vs 2024 · industry median 2 · 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.
Financials by year
Year
Revenue, €
Net profit, €
Labour costs, €
Assets, €
Equity, €
Employees
2025
4 140 210
344 780
184 575
2 299 157
2 073 116
5
2024
4 524 585
464 191
189 382
2 103 572
1 762 336
5
2023
2 914 189
564 193
145 737
1 887 522
1 391 145
4
2022
3 669 686
483 251
136 233
872 938
826 952
4
2021
1 823 880
118 999
86 292
705 612
616 201
4
2020
1 150 825
-323 053
79 150
631 877
550 247
4
2019
3 379 370
612 994
96 562
1 176 175
889 300
4
2018
—
—
—
—
—
7
2017
—
—
—
—
—
14
2016
—
—
—
—
—
11
2015
—
—
—
—
—
11
2014
—
—
—
—
—
11
2013
—
—
—
—
—
20
2012
—
—
—
—
—
18
2011
—
—
—
—
—
8
2010
—
—
—
—
—
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
8.3 %
Net profit / revenue
Return on equity (ROE)
16.6 %
Net profit / equity
Return on assets (ROA)
15.0 %
Net profit / assets
Equity ratio
90.2 %
Equity / assets
Debt ratio
9.8 %
Liabilities / assets
Current ratio
6.82
Current assets / current liabilities
Revenue per employee
830 198 €
Revenue / average full-time employees
Labour cost per employee per month
3 076 €
Labour costs / employees / 12 months (incl. employer taxes)
