fornax OÜ is a OÜ based in Tõugu küla, registry code 12531837, status: active. Main activity: Machining of metals. According to EMTA, turnover for Q3 2026 was €28 132 with 2 employees.
Turnover
28 132 €
↑ 62.8%vs Q2 2026
State taxes
2 374 €
↓ 53.5%vs Q2 2026
Labour taxes
1 543 €
↓ 38.4%vs Q2 2026
Employees
2
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25
Turnover · Q3 202628 132 €
above 39% of companies
industry median 54 051 € · companies in the industry: 1 358
Labour taxes per employee772 €
above 12% of companies
industry median 1 944 € · companies in the industry: 1 121
Revenue · 202582 154 €
above 52% of companies
industry median 71 144 € · companies in the industry: 1 712
Net profit margin · 2025-4.3 %
above 22% of companies
industry median 3.4 % · companies in the industry: 1 414
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 28 132 € · +62.8% vs Q2 2026 · industry median 54 051 € · above 39% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 772 € · −38.4% vs Q2 2026 · industry median 1 944 € · above 12% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (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: 2 374 € · −53.5% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
28 132
2 374
1 543
2
Q2 2026
17 277
5 105
2 506
2
Q1 2026
20 846
3 624
1 650
2
Q4 2025
22 707
3 708
1 517
2
Q3 2025
28 287
4 310
2 797
2
Q2 2025
31 123
2 646
783
3
Q1 2025
13 450
5 855
3 457
1
Q4 2024
27 115
4 885
3 730
3
Q3 2024
27 254
4 467
3 643
3
Q2 2024
34 317
8 247
3 888
3
Q1 2024
31 968
6 210
3 478
3
Q4 2023
30 994
6 120
3 478
3
Q3 2023
63 537
7 632
3 409
3
Q2 2023
41 443
4 869
2 388
3
Q1 2023
54 232
11 598
4 622
3
Q4 2022
74 513
6 581
2 369
3
Q3 2022
69 974
11 280
3 452
3
Q2 2022
76 321
8 477
3 324
3
Q1 2022
46 638
6 891
2 850
3
Labour taxes per employee per month
257 €
Turnover per employee in the quarter
14 066 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 82 154 € · −20.6% vs 2024 · industry median 71 144 € · above 52% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -3 512 € · +83.8% vs 2024 · industry median 904 € · above 19% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -4.3 % · +16.6 pp vs the year before · industry median 3.4 % · above 22% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 29 045 € · +35.0% vs 2024Equity, € 2025: 2 914 € · −54.7% vs 2024Employees2025: 2 · −33.3% vs 2024 · industry median 3 · above 35% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and 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
82 154
-3 512
19 679
29 045
2 914
2
2024
103 418
-21 637
45 711
21 516
6 426
3
2023
147 566
-6 983
43 887
43 960
28 198
3
2022
213 800
12 139
38 921
55 733
35 182
3
2021
238 305
-7 385
37 793
41 084
23 042
3
2020
92 423
-26 154
41 426
48 911
26 943
3
2019
130 909
13 739
27 648
62 332
53 096
2
2018
—
—
—
—
—
2
2017
—
—
—
—
—
2
2016
—
—
—
—
—
3
2015
—
—
—
—
—
2
2014
—
—
—
—
—
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
-4.3 %
Net profit / revenue
Return on equity (ROE)
-120.5 %
Net profit / equity
Return on assets (ROA)
-12.1 %
Net profit / assets
Equity ratio
10.0 %
Equity / assets
Debt ratio
90.0 %
Liabilities / assets
Current ratio
0.45
Current assets / current liabilities
Revenue per employee
41 077 €
Revenue / average full-time employees
Labour cost per employee per month
820 €
Labour costs / employees / 12 months (incl. employer taxes)
