MHE OÜ is a OÜ based in Kunda linn, registry code 12677015, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €845 855 with 17 employees.
Turnover
845 855 €
↑ 27.0%vs Q2 2026
State taxes
64 203 €
↑ 7.0%vs Q2 2026
Labour taxes
35 149 €
↓ 15.7%vs Q2 2026
Employees
17
+4vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Construction of residential and non-residential buildings · EMTAK 41
Turnover · Q3 2026845 855 €
above 98% of companies
industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee2 068 €
above 77% of companies
industry median 1 211 € · companies in the industry: 4 133
Revenue · 20253.7 mn €
above 98% of companies
industry median 38 239 € · companies in the industry: 7 000
Net profit margin · 20255.9 %
above 57% of companies
industry median 3.5 % · companies in the industry: 5 562
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 845 855 € · +27.0% vs Q2 2026 · industry median 25 252 € · above 98% of the industry
Company
Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 2 068 € · −35.5% vs Q2 2026 · industry median 1 211 € · above 77% of the industry
Company
Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 17 · +30.8% vs Q2 2026State taxes, € Q3 2026: 64 203 € · +7.0% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
845 855
64 203
35 149
17
Q2 2026
665 804
60 017
41 701
13
Q1 2026
793 099
92 044
41 225
16
Q4 2025
951 288
90 403
43 642
14
Q3 2025
749 233
61 870
44 263
17
Q2 2025
939 380
67 705
27 971
18
Q1 2025
996 715
76 783
31 232
9
Q4 2024
776 395
37 975
32 548
12
Q3 2024
492 387
98 417
36 664
13
Q2 2024
807 275
41 157
30 315
17
Q1 2024
357 637
40 083
26 872
17
Q4 2023
619 124
42 183
36 812
18
Q3 2023
202 928
19 900
32 438
20
Q2 2023
524 278
56 019
29 203
18
Q1 2023
680 674
84 582
35 208
15
Q4 2022
805 489
75 651
42 997
18
Q3 2022
824 805
88 207
42 008
24
Q2 2022
867 964
96 778
28 745
23
Q1 2022
433 712
53 082
18 595
18
Labour taxes per employee per month
689 €
Turnover per employee in the quarter
49 756 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 3 702 321 € · +46.8% vs 2024 · industry median 38 239 € · above 98% of the industry
Company
Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: 220 183 € · +245.5% vs 2024 · industry median 410 € · above 98% of the industry
Company
Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 5.9 % · +11.9 pp vs the year before · industry median 3.5 % · above 57% of the industry
Company
Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 815 988 € · +4.8% vs 2024Equity, € thousand 2025: 462 502 € · +1 638.4% vs 2024Employees2025: 17 · +0.0% vs 2024 · industry median 2 · above 98% of the industry
Company
Industry median
Industry: Construction of residential and non-residential buildings (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
3 702 321
220 183
396 523
815 988
462 502
17
2024
2 522 487
-151 278
336 162
778 660
-30 063
17
2023
1 828 647
47 410
357 300
610 010
121 216
16
2022
3 136 220
131 289
385 646
465 692
74 370
23
2021
2 734 917
-375 549
259 341
386 680
-56 919
22
2020
1 060 605
91 606
158 289
697 309
318 631
20
2019
1 597 631
46 276
173 371
348 788
227 025
11
2018
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6
2017
—
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10
2016
—
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—
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5
2015
—
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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
5.9 %
Net profit / revenue
Return on equity (ROE)
47.6 %
Net profit / equity
Return on assets (ROA)
27.0 %
Net profit / assets
Equity ratio
56.7 %
Equity / assets
Debt ratio
43.3 %
Liabilities / assets
Current ratio
0.36
Current assets / current liabilities
Revenue per employee
217 784 €
Revenue / average full-time employees
Labour cost per employee per month
1 944 €
Labour costs / employees / 12 months (incl. employer taxes)
