Michel Estonian Agency OÜ is a OÜ based in Tallinn, registry code 12420138, status: active. Main activity: Construction of other civil engineering projects n.e.c.. According to EMTA, turnover for Q3 2026 was €22 189 with 3 employees.
Turnover
22 189 €
↑ 79.8%vs Q2 2026
State taxes
1 172 €
↓ 7.7%vs Q2 2026
Labour taxes
1 075 €
↑ 34.9%vs Q2 2026
Employees
3
+2vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Civil engineering · EMTAK 42
Turnover · Q3 202622 189 €
above 31% of companies
industry median 52 240 € · companies in the industry: 1 125
Labour taxes per employee358 €
above 2% of companies
industry median 1 750 € · companies in the industry: 933
Revenue · 202593 393 €
above 51% of companies
industry median 88 960 € · companies in the industry: 1 426
Net profit margin · 202522.3 %
above 81% of companies
industry median 5.0 % · companies in the industry: 1 185
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 22 189 € · +79.8% vs Q2 2026 · industry median 52 240 € · above 31% of the industry
Company
Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 358 € · −55.0% vs Q2 2026 · industry median 1 750 € · above 2% of the industry
Company
Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 3 · +200.0% vs Q2 2026State taxes, € Q3 2026: 1 172 € · −7.7% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
22 189
1 172
1 075
3
Q2 2026
12 340
1 270
797
1
Q1 2026
1 445
345
271
1
Q4 2025
16 034
1 970
937
1
Q3 2025
57 308
5 764
812
1
Q2 2025
18 190
2 339
812
1
Q1 2025
2 812
908
661
1
Q4 2024
9 548
1 166
239
1
Q3 2024
17 081
764
718
1
Q2 2024
5 718
722
401
1
Q1 2024
14 656
271
216
1
Q4 2023
10 923
1 839
647
1
Q3 2023
42 402
1 399
—
1
Q2 2023
22 420
2 004
—
—
Q1 2023
3 321
496
—
—
Q4 2022
6 011
621
—
—
Q3 2022
6 730
1 088
—
—
Q2 2022
29 463
1 048
—
—
Q1 2022
2 736
659
302
—
Labour taxes per employee per month
119 €
Turnover per employee in the quarter
7 396 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € 2025: 93 393 € · +169.5% vs 2024 · industry median 88 960 € · above 51% of the industry
Company
Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 20 794 € · +180.0% vs 2024 · industry median 2 500 € · above 71% of the industry
Company
Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 22.3 % · +97.3 pp vs the year before · industry median 5.0 % · above 81% of the industry
Company
Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 43 014 € · +109.5% vs 2024Equity, € 2025: 34 518 € · +75.0% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
Company
Industry median
Industry: Civil engineering (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
93 393
20 794
3 722
43 014
34 518
1
2024
34 653
-26 001
1 748
20 532
19 724
1
2023
77 044
9 178
1 079
22 368
15 725
1
2022
23 607
5 238
0
38 075
6 547
0
2021
74 513
-33 604
12 812
45 553
1 309
1
2020
32 617
-1 000
3 126
40 825
3 913
1
2019
50 165
-19 044
4 613
24 566
4 913
2
2018
—
—
—
—
—
2
2017
—
—
—
—
—
1
2016
—
—
—
—
—
0
2015
—
—
—
—
—
1
2014
—
—
—
—
—
0
2013
—
—
—
—
—
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
22.3 %
Net profit / revenue
Return on equity (ROE)
60.2 %
Net profit / equity
Return on assets (ROA)
48.3 %
Net profit / assets
Equity ratio
80.2 %
Equity / assets
Debt ratio
19.8 %
Liabilities / assets
Current ratio
14.23
Current assets / current liabilities
Revenue per employee
93 393 €
Revenue / average full-time employees
Labour cost per employee per month
310 €
Labour costs / employees / 12 months (incl. employer taxes)
