Larsen Boat Yard OÜ is a OÜ based in Miiduranna küla, registry code 12567094, status: active. Main activity: Building of civilian ships. According to EMTA, turnover for Q3 2026 was €146 261 with 5 employees.
Turnover
146 261 €
↑ 124.6%vs Q2 2026
State taxes
31 201 €
↑ 532.0%vs Q2 2026
Labour taxes
12 453 €
↑ 97.6%vs Q2 2026
Employees
5
+1vs 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 2026146 261 €
above 70% of companies
industry median 33 597 € · companies in the industry: 110
Labour taxes per employee2 491 €
above 55% of companies
industry median 2 212 € · companies in the industry: 94
Revenue · 202561 813 €
above 50% of companies
industry median 61 813 € · companies in the industry: 163
Net profit margin · 202532.3 %
above 78% of companies
industry median 6.8 % · companies in the industry: 119
Taxes and turnover
Q2 2024 – Q3 2026
Turnover, € thousand Q3 2026: 146 261 € · +124.6% vs Q2 2026 · industry median 33 597 € · 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.
Labour taxes per employee, € Q3 2026: 2 491 € · +58.1% vs Q2 2026 · industry median 2 212 € · above 55% 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: 5 · +25.0% vs Q2 2026State taxes, € Q3 2026: 31 201 € · +532.0% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
146 261
31 201
12 453
5
Q2 2026
65 114
4 937
6 303
4
Q1 2026
47 240
—
3 786
4
Q4 2025
5 181
1 070
4 014
4
Q3 2025
9 780
4 561
3 865
1
Q2 2025
28 000
4 063
579
1
Q1 2025
12 109
—
—
—
Q4 2024
21 680
3 067
—
—
Q3 2024
4 421
—
—
—
Q2 2024
33 869
956
—
—
Labour taxes per employee per month
830 €
Turnover per employee in the quarter
29 252 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € 2025: 61 813 € · +9.4% vs 2024 · industry median 61 813 € · 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.
Net profit, € 2025: 19 949 € · +319.5% vs 2024 · industry median 2 204 € · above 74% 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: 32.3 % · +23.9 pp vs the year before · industry median 6.8 % · above 78% 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: 118 100 € · +209.5% vs 2024Equity, € 2025: 30 622 € · +186.9% vs 2024Employees2025: 1 · 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
61 813
19 949
25 732
118 100
30 622
1
2024
56 507
4 755
0
38 154
10 673
0
2023
0
0
0
5 918
5 918
0
2022
0
-16
0
15 463
5 918
0
2021
0
-21
0
15 479
5 934
0
2020
220
84
0
15 500
5 955
0
2019
3 348
3 342
0
15 876
5 871
0
2018
—
—
—
—
—
0
2017
—
—
—
—
—
0
2016
—
—
—
—
—
0
2015
—
—
—
—
—
0
2014
—
—
—
—
—
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
32.3 %
Net profit / revenue
Return on equity (ROE)
65.1 %
Net profit / equity
Return on assets (ROA)
16.9 %
Net profit / assets
Equity ratio
25.9 %
Equity / assets
Debt ratio
74.1 %
Liabilities / assets
Current ratio
1.21
Current assets / current liabilities
Revenue per employee
61 813 €
Revenue / average full-time employees
Labour cost per employee per month
2 144 €
Labour costs / employees / 12 months (incl. employer taxes)
