Korden Grupp OÜ is a OÜ based in Tallinn, registry code 12423025, status: active. Main activity: Other building completion and finishing. According to EMTA, turnover for Q3 2026 was €35 720 with 2 employees.
Turnover
35 720 €
↓ 41.6%vs Q2 2026
State taxes
2 424 €
↓ 69.9%vs Q2 2026
Labour taxes
2 490 €
↓ 33.1%vs Q2 2026
Employees
2
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 202635 720 €
above 62% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee1 245 €
above 50% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025256 336 €
above 86% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 20255.0 %
above 53% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 35 720 € · −41.6% vs Q2 2026 · industry median 23 017 € · above 62% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 245 € · −33.1% vs Q2 2026 · industry median 1 236 € · above 50% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 2 · +0.0% vs Q2 2026State taxes, € Q3 2026: 2 424 € · −69.9% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
35 720
2 424
2 490
2
Q2 2026
61 144
8 047
3 723
2
Q1 2026
70 664
13 453
2 236
3
Q4 2025
85 632
10 904
1 863
3
Q3 2025
56 901
4 368
1 863
2
Q2 2025
54 137
6 393
1 863
2
Q1 2025
51 880
5 240
2 193
2
Q4 2024
122 255
8 220
2 313
2
Q3 2024
88 898
12 410
1 850
3
Q2 2024
113 971
4 752
1 850
2
Q1 2024
168 492
19 999
2 313
2
Q4 2023
144 193
4 047
1 850
3
Q3 2023
88 385
6 764
3 119
2
Q2 2023
76 124
10 163
2 785
3
Q1 2023
39 979
5 347
1 953
3
Q4 2022
112 178
9 444
2 953
3
Q3 2022
116 331
10 522
2 614
2
Q2 2022
61 601
7 157
2 876
2
Q1 2022
41 162
9 196
2 894
2
Labour taxes per employee per month
415 €
Turnover per employee in the quarter
17 860 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 256 336 € · −36.0% vs 2024 · industry median 37 328 € · above 86% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 12 918 € · +1 586.4% vs 2024 · industry median 561 € · above 80% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 5.0 % · +4.8 pp vs the year before · industry median 3.9 % · above 53% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 554 015 € · +1.6% vs 2024Equity, € thousand 2025: 207 156 € · +6.7% vs 2024Employees2025: 2 · +0.0% vs 2024 · industry median 1 · above 55% of the industry
Company
Industry median
Industry: Specialised construction 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
256 336
12 918
25 245
554 015
207 156
2
2024
400 280
766
27 995
545 396
194 237
2
2023
451 448
79 018
34 280
498 838
193 471
2
2022
339 110
79 958
31 726
302 283
114 452
2
2021
151 211
-48 599
26 646
166 167
34 496
1
2020
60 118
9 360
2 435
107 455
83 094
1
2019
74 660
8 303
10 919
94 090
73 734
1
2018
—
—
—
—
—
1
2017
—
—
—
—
—
1
2016
—
—
—
—
—
1
2015
—
—
—
—
—
1
2014
—
—
—
—
—
0
2013
—
—
—
—
—
1
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
5.0 %
Net profit / revenue
Return on equity (ROE)
6.2 %
Net profit / equity
Return on assets (ROA)
2.3 %
Net profit / assets
Equity ratio
37.4 %
Equity / assets
Debt ratio
62.6 %
Liabilities / assets
Current ratio
1.57
Current assets / current liabilities
Revenue per employee
128 168 €
Revenue / average full-time employees
Labour cost per employee per month
1 052 €
Labour costs / employees / 12 months (incl. employer taxes)
