Lovak OÜ is a OÜ based in Tallinn, registry code 12688935, status: active. Main activity: Installation, maintenance and repair of heating, ventilation and air conditioning equipment. According to EMTA, turnover for Q3 2026 was €263 459 with 13 employees.
Turnover
263 459 €
↓ 17.0%vs Q2 2026
State taxes
43 460 €
↓ 33.0%vs Q2 2026
Labour taxes
21 486 €
↓ 33.6%vs Q2 2026
Employees
13
+1vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 2026263 459 €
above 93% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee1 653 €
above 66% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 20251.4 mn €
above 98% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 202511.5 %
above 67% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 263 459 € · −17.0% vs Q2 2026 · industry median 23 017 € · above 93% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 653 € · −38.7% vs Q2 2026 · industry median 1 236 € · above 66% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Revenue, € thousand 2025: 1 370 989 € · +19.8% vs 2024 · industry median 37 328 € · above 98% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: 158 065 € · +177.0% vs 2024 · industry median 561 € · above 98% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 11.5 % · +29.5 pp vs the year before · industry median 3.9 % · above 67% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 513 652 € · +50.4% vs 2024Equity, € thousand 2025: 398 551 € · +65.7% vs 2024Employees2025: 17 · −5.6% vs 2024 · industry median 1 · above 98% of the industry
Company
Industry median
Industry: Specialised construction activities (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
1 370 989
158 065
452 888
513 652
398 551
17
2024
1 144 525
-205 407
361 373
341 567
240 486
18
2023
1 705 775
202 805
349 214
637 573
445 893
16
2022
1 429 384
-72 536
212 958
549 200
333 088
12
2021
402 381
66 481
89 466
422 110
405 624
5
2020
732 934
76 507
119 868
370 320
339 143
9
2019
1 064 523
184 857
142 232
321 041
262 637
10
2018
—
—
—
—
—
5
2017
—
—
—
—
—
8
2016
—
—
—
—
—
5
2015
—
—
—
—
—
3
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
11.5 %
Net profit / revenue
Return on equity (ROE)
39.7 %
Net profit / equity
Return on assets (ROA)
30.8 %
Net profit / assets
Equity ratio
77.6 %
Equity / assets
Debt ratio
22.4 %
Liabilities / assets
Current ratio
4.30
Current assets / current liabilities
Revenue per employee
80 646 €
Revenue / average full-time employees
Labour cost per employee per month
2 220 €
Labour costs / employees / 12 months (incl. employer taxes)
