Velve MT OÜ is a OÜ based in Peetri alevik, registry code 12558546, status: active. Main activity: Activities of agents involved in the wholesale of timber and building materials. According to EMTA, turnover for Q3 2026 was €1 079 605 with 4 employees.
Turnover
1 079 605 €
↓ 2.8%vs Q2 2026
State taxes
86 769 €
↑ 37.8%vs Q2 2026
Labour taxes
29 182 €
↓ 0.8%vs Q2 2026
Employees
4
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Wholesale trade · EMTAK 46
Turnover · Q3 20261.1 mn €
above 88% of companies
industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee7 296 €
above 94% of companies
industry median 2 104 € · companies in the industry: 4 194
Revenue · 20252.2 mn €
above 89% of companies
industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 20251.9 %
above 46% of companies
industry median 2.7 % · companies in the industry: 7 414
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 079 605 € · −2.8% vs Q2 2026 · industry median 60 065 € · above 88% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 7 296 € · −0.8% vs Q2 2026 · industry median 2 104 € · above 94% of the industry
Company
Industry median
Industry: Wholesale trade (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: 86 769 € · +37.8% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
1 079 605
86 769
29 182
4
Q2 2026
1 110 146
62 964
29 419
4
Q1 2026
735 728
70 288
29 632
4
Q4 2025
669 063
53 861
21 829
4
Q3 2025
727 665
54 394
21 389
3
Q2 2025
651 807
47 871
22 863
3
Q1 2025
387 563
46 470
18 593
4
Q4 2024
631 772
82 142
19 566
4
Q3 2024
617 249
53 413
18 537
3
Q2 2024
513 241
29 989
18 301
3
Q1 2024
397 711
38 400
21 624
3
Q4 2023
538 746
46 320
18 220
4
Q3 2023
569 423
26 916
13 963
3
Q2 2023
446 057
32 590
13 057
2
Q1 2023
360 697
38 201
17 011
2
Q4 2022
446 484
20 982
11 820
2
Q3 2022
507 160
38 457
12 498
2
Q2 2022
477 614
28 008
13 659
2
Q1 2022
416 370
26 753
14 093
2
Labour taxes per employee per month
2 432 €
Turnover per employee in the quarter
269 901 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 2 249 411 € · +12.5% vs 2024 · industry median 63 691 € · above 89% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: 41 842 € · −52.3% vs 2024 · industry median 127 € · above 82% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 1.9 % · −2.5 pp vs the year before · industry median 2.7 % · above 46% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 783 009 € · −1.8% vs 2024Equity, € thousand 2025: 476 887 € · +4.2% vs 2024Employees2025: 3 · +0.0% vs 2024 · industry median 2 · above 65% of the industry
Company
Industry median
Industry: Wholesale trade (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
2 249 411
41 842
213 535
783 009
476 887
3
2024
1 998 923
87 782
169 823
797 108
457 609
3
2023
1 740 726
118 777
151 973
662 586
569 826
3
2022
1 619 983
33 519
150 298
768 832
451 049
3
2021
1 444 975
182 851
131 759
673 330
417 530
3
2020
978 396
-52 488
105 665
444 339
234 679
2
2019
1 089 911
99 422
87 676
557 931
287 167
2
2018
—
—
—
—
—
2
2017
—
—
—
—
—
1
2016
—
—
—
—
—
1
2015
—
—
—
—
—
1
2014
—
—
—
—
—
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
1.9 %
Net profit / revenue
Return on equity (ROE)
8.8 %
Net profit / equity
Return on assets (ROA)
5.3 %
Net profit / assets
Equity ratio
60.9 %
Equity / assets
Debt ratio
39.1 %
Liabilities / assets
Current ratio
2.52
Current assets / current liabilities
Revenue per employee
749 804 €
Revenue / average full-time employees
Labour cost per employee per month
5 932 €
Labour costs / employees / 12 months (incl. employer taxes)
