Corvettes OÜ is a OÜ based in Tallinn, registry code 12236920, status: active. Main activity: Buying and selling of own real estate. Its annual report for 2025 shows revenue of €340 500 and 2 employees.
Turnover
—
State taxes
4 702 €
↑ 12.5%vs Q2 2026
Labour taxes
4 853 €
↑ 9.9%vs Q2 2026
Employees
3
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Real estate activities · EMTAK 68
Labour taxes per employee1 618 €
above 79% of companies
industry median 857 € · companies in the industry: 7 261
Revenue · 2025340 500 €
above 98% of companies
industry median 13 620 € · companies in the industry: 30 470
Net profit margin · 20257.4 %
above 52% of companies
industry median 5.9 % · companies in the industry: 25 042
Taxes and turnover
Q4 2023 – Q3 2026
Labour taxes per employee, € Q3 2026: 1 618 € · +9.9% vs Q2 2026 · industry median 857 € · above 79% of the industry
Company
Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 3 · +0.0% vs Q2 2026State taxes, € Q3 2026: 4 702 € · +12.5% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
—
4 702
4 853
3
Q2 2026
—
4 178
4 417
3
Q1 2026
—
3 755
3 825
3
Q4 2025
—
4 060
4 062
2
Q3 2025
—
3 692
3 844
2
Q2 2025
—
4 167
4 171
2
Q1 2025
—
9 013
4 093
2
Q4 2024
—
3 814
3 950
2
Q3 2024
—
3 784
3 946
2
Q2 2024
—
8 176
4 646
2
Q1 2024
—
3 784
3 946
2
Q4 2023
—
7 087
3 450
2
Q3 2023
—
5 306
5 522
2
Q2 2023
—
6 283
3 897
2
Q1 2023
—
4 572
3 348
1
Q4 2022
—
3 473
3 565
1
Q3 2022
—
3 473
3 565
1
Q2 2022
—
3 473
3 565
1
Q1 2022
—
3 534
3 565
1
Labour taxes per employee per month
539 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 340 500 € · −54.2% vs 2024 · industry median 13 620 € · above 98% of the industry
Company
Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: 25 086 € · −18.0% vs 2024 · industry median 283 € · above 87% of the industry
Company
Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 7.4 % · +3.3 pp vs the year before · industry median 5.9 % · above 52% of the industry
Company
Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 504 174 € · +4.1% vs 2024Equity, € thousand 2025: 499 165 € · +5.3% vs 2024Employees2025: 2 · +0.0% vs 2024 · industry median 1 · above 70% of the industry
Company
Industry median
Industry: Real estate 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
340 500
25 086
43 085
504 174
499 165
2
2024
743 700
30 583
42 372
484 166
474 079
2
2023
1 073 140
82 493
44 174
666 210
654 595
2
2022
1 222 400
114 914
40 453
679 012
606 102
2
2021
1 240 268
109 088
36 988
503 436
487 188
2
2020
662 800
146 240
18 687
391 775
378 100
2
2019
672 100
10 049
26 001
245 477
231 860
2
2018
—
—
—
—
—
2
2017
—
—
—
—
—
2
2016
—
—
—
—
—
2
2015
—
—
—
—
—
2
2014
—
—
—
—
—
2
2013
—
—
—
—
—
2
2012
—
—
—
—
—
2
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
7.4 %
Net profit / revenue
Return on equity (ROE)
5.0 %
Net profit / equity
Return on assets (ROA)
5.0 %
Net profit / assets
Equity ratio
99.0 %
Equity / assets
Debt ratio
1.0 %
Liabilities / assets
Current ratio
100.65
Current assets / current liabilities
Revenue per employee
170 250 €
Revenue / average full-time employees
Labour cost per employee per month
1 795 €
Labour costs / employees / 12 months (incl. employer taxes)