Flexwork OÜ is a OÜ based in Tallinn, registry code 12479491, status: active. Main activity: Building of civilian ships. According to EMTA, turnover for Q3 2026 was €34 226 with 1 employees.
Turnover
34 226 €
↑ 65.5%vs Q2 2026
State taxes
6 722 €
↑ 47.1%vs Q2 2026
Labour taxes
1 095 €
↑ 0.0%vs Q2 2026
Employees
1
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of other transport equipment · EMTAK 30
Turnover · Q3 202634 226 €
above 50% of companies
industry median 33 597 € · companies in the industry: 110
Labour taxes per employee1 095 €
above 17% of companies
industry median 2 212 € · companies in the industry: 94
Revenue · 2025173 836 €
above 70% of companies
industry median 61 813 € · companies in the industry: 163
Net profit margin · 2025-7.2 %
above 12% of companies
industry median 6.8 % · companies in the industry: 119
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 34 226 € · +65.5% vs Q2 2026 · industry median 33 597 € · above 50% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 095 € · +0.0% vs Q2 2026 · industry median 2 212 € · above 17% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 1 · +0.0% vs Q2 2026State taxes, € Q3 2026: 6 722 € · +47.1% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
34 226
6 722
1 095
1
Q2 2026
20 684
4 571
1 095
1
Q1 2026
34 660
3 685
1 106
1
Q4 2025
47 454
2 525
1 132
1
Q3 2025
41 000
3 085
1 126
1
Q2 2025
58 471
56
1 126
1
Q1 2025
53 582
10 720
1 122
1
Q4 2024
24 849
—
863
1
Q3 2024
101 702
765
863
1
Q2 2024
142 888
8 667
863
1
Q1 2024
42 658
—
863
1
Q4 2023
34 042
1 008
863
1
Q3 2023
33 133
—
863
1
Q2 2023
9 054
852
863
1
Q1 2023
52 451
2 910
1 242
1
Q4 2022
134 455
—
802
1
Q3 2022
227 294
1 452
1 353
1
Q2 2022
45 219
1 452
1 353
3
Q1 2022
216
1 558
1 326
1
Labour taxes per employee per month
365 €
Turnover per employee in the quarter
34 226 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 173 836 € · −37.6% vs 2024 · industry median 61 813 € · above 70% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: -12 517 € · −311.4% vs 2024 · industry median 2 204 € · above 12% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -7.2 % · −9.3 pp vs the year before · industry median 6.8 % · above 12% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 43 592 € · −17.7% vs 2024Equity, € thousand 2025: 20 209 € · −38.2% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 3 · above 5% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (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
173 836
-12 517
14 226
43 592
20 209
1
2024
278 519
5 920
12 048
52 964
32 726
1
2023
97 338
-196 857
11 730
101 371
24 306
1
2022
311 922
108 519
10 410
309 678
221 164
1
2021
535 184
-66 721
149 408
112 645
112 645
4
2020
1 076 528
126 609
374 283
284 516
230 366
10
2019
1 276 012
138 499
517 926
225 937
178 257
12
2018
—
—
—
—
—
10
2017
—
—
—
—
—
7
2016
—
—
—
—
—
2
2015
—
—
—
—
—
3
2014
—
—
—
—
—
2
2013
—
—
—
—
—
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
-7.2 %
Net profit / revenue
Return on equity (ROE)
-61.9 %
Net profit / equity
Return on assets (ROA)
-28.7 %
Net profit / assets
Equity ratio
46.4 %
Equity / assets
Debt ratio
53.6 %
Liabilities / assets
Current ratio
4.55
Current assets / current liabilities
Revenue per employee
173 836 €
Revenue / average full-time employees
Labour cost per employee per month
1 186 €
Labour costs / employees / 12 months (incl. employer taxes)
