OÜ Velotandem is a OÜ based in Tartu linn, registry code 12656674, status: active. Main activity: Retail sale of sporting equipment. According to EMTA, turnover for Q3 2026 was €51 281 with 2 employees.
Turnover
51 281 €
↓ 40.3%vs Q2 2026
State taxes
10 698 €
↑ 27.6%vs Q2 2026
Labour taxes
3 331 €
↑ 4.2%vs Q2 2026
Employees
2
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Retail trade · EMTAK 47
Turnover · Q3 202651 281 €
above 64% of companies
industry median 23 652 € · companies in the industry: 7 652
Labour taxes per employee1 666 €
above 68% of companies
industry median 1 201 € · companies in the industry: 4 663
Revenue · 2025154 341 €
above 79% of companies
industry median 16 974 € · companies in the industry: 13 500
Net profit margin · 20251.1 %
above 48% of companies
industry median 1.3 % · companies in the industry: 9 480
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 51 281 € · −40.3% vs Q2 2026 · industry median 23 652 € · above 64% of the industry
Company
Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 666 € · +4.2% vs Q2 2026 · industry median 1 201 € · above 68% of the industry
Company
Industry median
Industry: Retail trade (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: 10 698 € · +27.6% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
51 281
10 698
3 331
2
Q2 2026
85 870
8 382
3 197
2
Q1 2026
8 419
3 864
3 388
2
Q4 2025
30 596
7 346
3 235
2
Q3 2025
50 717
12 470
3 931
2
Q2 2025
69 383
3 750
4 044
2
Q1 2025
11 938
5 791
4 615
2
Q4 2024
28 029
7 062
3 009
2
Q3 2024
52 081
8 114
3 009
2
Q2 2024
79 888
9 943
3 009
2
Q1 2024
5 489
2 859
3 009
2
Q4 2023
25 554
5 924
3 009
2
Q3 2023
41 948
6 576
3 009
2
Q2 2023
74 220
9 048
3 009
2
Q1 2023
10 265
2 846
2 895
2
Q4 2022
19 433
3 732
2 521
2
Q3 2022
38 422
3 787
2 447
2
Q2 2022
74 291
11 189
2 285
2
Q1 2022
12 705
2 654
2 205
2
Labour taxes per employee per month
555 €
Turnover per employee in the quarter
25 641 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 154 341 € · +4.4% vs 2024 · industry median 16 974 € · above 79% of the industry
Company
Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 1 691 € · +1.1% vs 2024 · industry median 0 € · above 71% of the industry
Company
Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 1.1 % · −0.0 pp vs the year before · industry median 1.3 % · above 48% of the industry
Company
Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 61 243 € · −3.3% vs 2024Equity, € 2025: 54 348 € · −0.6% vs 2024Employees2025: 2 · +0.0% vs 2024 · industry median 2 · above 50% of the industry
Company
Industry median
Industry: Retail 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
154 341
1 691
33 560
61 243
54 348
2
2024
147 902
1 673
36 374
63 323
54 658
2
2023
137 293
908
33 036
67 336
52 985
2
2022
137 572
775
29 651
72 015
52 077
2
2021
132 936
40 400
27 298
68 824
51 302
2
2020
95 513
270
21 095
15 060
10 902
2
2019
142 068
161
22 705
13 449
10 632
2
2018
—
—
—
—
—
1
2017
—
—
—
—
—
1
2016
—
—
—
—
—
1
2015
—
—
—
—
—
1
2014
—
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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
1.1 %
Net profit / revenue
Return on equity (ROE)
3.1 %
Net profit / equity
Return on assets (ROA)
2.8 %
Net profit / assets
Equity ratio
88.7 %
Equity / assets
Debt ratio
11.3 %
Liabilities / assets
Current ratio
8.88
Current assets / current liabilities
Revenue per employee
77 171 €
Revenue / average full-time employees
Labour cost per employee per month
1 398 €
Labour costs / employees / 12 months (incl. employer taxes)
