Valjas OÜ is a OÜ based in Haapsalu linn, registry code 12252310, status: active. Main activity: Manufacture of saddlery and harness. According to EMTA, turnover for Q3 2026 was €41 716 with 4 employees.
Turnover
41 716 €
↑ 29.0%vs Q2 2026
State taxes
3 116 €
↓ 5.3%vs Q2 2026
Labour taxes
3 543 €
↑ 1.3%vs Q2 2026
Employees
4
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of leather and related products of other materials · EMTAK 15
Turnover · Q3 202641 716 €
above 67% of companies
industry median 13 698 € · companies in the industry: 52
Labour taxes per employee886 €
above 28% of companies
industry median 1 234 € · companies in the industry: 40
Revenue · 2025128 223 €
above 81% of companies
industry median 7 384 € · companies in the industry: 106
Net profit margin · 20256.8 %
above 68% of companies
industry median 2.3 % · companies in the industry: 73
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 41 716 € · +29.0% vs Q2 2026 · industry median 13 698 € · above 67% of the industry
Company
Industry median
Industry: Manufacture of leather and related products of other materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 886 € · +1.3% vs Q2 2026 · industry median 1 234 € · above 28% of the industry
Company
Industry median
Industry: Manufacture of leather and related products of other materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 4 · +0.0% vs Q2 2026State taxes, € Q3 2026: 3 116 € · −5.3% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
41 716
3 116
3 543
4
Q2 2026
32 335
3 291
3 496
4
Q1 2026
36 549
3 052
3 480
4
Q4 2025
41 490
3 454
3 549
4
Q3 2025
41 509
3 116
3 549
4
Q2 2025
50 266
3 454
3 549
4
Q1 2025
28 928
2 946
3 308
4
Q4 2024
39 296
2 209
2 408
5
Q3 2024
38 552
3 271
3 593
5
Q2 2024
26 371
3 154
3 469
5
Q1 2024
25 355
2 801
3 088
5
Q4 2023
31 173
2 972
3 275
5
Q3 2023
23 563
2 972
3 275
5
Q2 2023
26 398
2 827
3 120
5
Q1 2023
20 224
3 024
3 271
5
Q4 2022
34 818
2 247
2 449
5
Q3 2022
24 380
2 129
2 356
5
Q2 2022
25 321
2 129
2 356
4
Q1 2022
24 797
2 158
2 388
4
Labour taxes per employee per month
295 €
Turnover per employee in the quarter
10 429 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 128 223 € · +1.8% vs 2024 · industry median 7 384 € · above 81% of the industry
Company
Industry median
Industry: Manufacture of leather and related products of other materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 8 753 € · +127.6% vs 2024 · industry median 7 € · above 87% of the industry
Company
Industry median
Industry: Manufacture of leather and related products of other materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 6.8 % · +3.8 pp vs the year before · industry median 2.3 % · above 68% of the industry
Company
Industry median
Industry: Manufacture of leather and related products of other materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 254 785 € · −5.3% vs 2024Equity, € thousand 2025: 251 392 € · +3.6% vs 2024Employees2025: 3 · +0.0% vs 2024 · industry median 2 · above 60% of the industry
Company
Industry median
Industry: Manufacture of leather and related products of other materials (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
128 223
8 753
42 647
254 785
251 392
3
2024
125 914
3 846
41 941
269 134
242 639
3
2023
99 466
-1 399
44 795
254 222
238 793
3
2022
114 656
22 101
32 674
257 390
240 192
3
2021
120 428
20 575
31 436
237 305
218 092
3
2020
84 220
23 949
21 583
216 547
197 517
3
2019
87 560
13 335
23 123
182 034
173 569
3
2018
—
—
—
—
—
3
2017
—
—
—
—
—
3
2016
—
—
—
—
—
3
2015
—
—
—
—
—
3
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
6.8 %
Net profit / revenue
Return on equity (ROE)
3.5 %
Net profit / equity
Return on assets (ROA)
3.4 %
Net profit / assets
Equity ratio
98.7 %
Equity / assets
Debt ratio
1.3 %
Liabilities / assets
Current ratio
9.00
Current assets / current liabilities
Revenue per employee
42 741 €
Revenue / average full-time employees
Labour cost per employee per month
1 185 €
Labour costs / employees / 12 months (incl. employer taxes)
