Horveitex osaühing is a OÜ based in Tallinn, registry code 12098820, status: active. Main activity: Manufacture of knitted and crocheted apparel. According to EMTA, turnover for Q3 2026 was €380 968 with 18 employees.
Turnover
380 968 €
↑ 118.8%vs Q2 2026
State taxes
57 409 €
↑ 52.4%vs Q2 2026
Labour taxes
20 260 €
↑ 4.3%vs Q2 2026
Employees
18
−1vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of wearing apparel · EMTAK 14
Turnover · Q3 2026380 968 €
above 91% of companies
industry median 14 653 € · companies in the industry: 290
Labour taxes per employee1 126 €
above 53% of companies
industry median 1 059 € · companies in the industry: 312
Revenue · 2025298 628 €
above 92% of companies
industry median 6 431 € · companies in the industry: 830
Net profit margin · 202511.9 %
above 70% of companies
industry median 2.5 % · companies in the industry: 577
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 380 968 € · +118.8% vs Q2 2026 · industry median 14 653 € · above 91% of the industry
Company
Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 126 € · +10.1% vs Q2 2026 · industry median 1 059 € · above 53% of the industry
Company
Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 18 · −5.3% vs Q2 2026State taxes, € Q3 2026: 57 409 € · +52.4% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
380 968
57 409
20 260
18
Q2 2026
174 087
37 677
19 424
19
Q1 2026
125 657
25 620
17 138
19
Q4 2025
179 562
34 186
17 096
19
Q3 2025
97 615
16 923
5 899
19
Q2 2025
509
201
181
18
Q1 2025
54 133
11 516
3 385
16
Q4 2024
31 723
9 255
5 464
21
Q3 2024
55 996
11 761
5 255
22
Q2 2024
29 851
5 447
3 266
22
Q1 2024
21 512
5 192
3 854
20
Q4 2023
23 349
5 722
3 787
19
Q3 2023
35 462
6 526
4 763
16
Q2 2023
6 287
568
605
20
Q1 2023
116
—
—
11
Q4 2022
135
—
—
11
Q3 2022
105
—
—
11
Q2 2022
66
353
391
12
Q1 2022
2 138
1 595
1 470
12
Labour taxes per employee per month
375 €
Turnover per employee in the quarter
21 165 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 298 628 € · +109.6% vs 2024 · industry median 6 431 € · above 92% of the industry
Company
Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 35 442 € · +424.7% vs 2024 · industry median 2 € · above 98% of the industry
Company
Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 11.9 % · +7.1 pp vs the year before · industry median 2.5 % · above 70% of the industry
Company
Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 270 218 € · +853.8% vs 2024Equity, € 2025: 51 573 € · +219.7% vs 2024Employees2025: 15 · +275.0% vs 2024 · industry median 1 · above 86% of the industry
Company
Industry median
Industry: Manufacture of wearing apparel (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
298 628
35 442
106 747
270 218
51 573
15
2024
142 458
6 755
52 469
28 332
16 131
4
2023
78 797
-8 313
39 886
22 092
9 375
4
2022
37
-4 133
3 436
17 965
17 689
1
2021
4 286
17 278
8 403
30 193
21 822
1
2020
38 725
0
30 311
10 664
4 544
4
2019
226 460
599
80 907
27 980
4 544
7
2018
—
—
—
—
—
7
2017
—
—
—
—
—
7
2016
—
—
—
—
—
7
2015
—
—
—
—
—
6
2014
—
—
—
—
—
6
2013
—
—
—
—
—
6
2012
—
—
—
—
—
0
2011
—
—
—
—
—
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
11.9 %
Net profit / revenue
Return on equity (ROE)
68.7 %
Net profit / equity
Return on assets (ROA)
13.1 %
Net profit / assets
Equity ratio
19.1 %
Equity / assets
Debt ratio
80.9 %
Liabilities / assets
Current ratio
1.18
Current assets / current liabilities
Revenue per employee
19 909 €
Revenue / average full-time employees
Labour cost per employee per month
593 €
Labour costs / employees / 12 months (incl. employer taxes)
