Formiart OÜ is a OÜ based in Tallinn, registry code 12703333, status: active. Main activity: Painting and glazing. Its annual report for 2024 shows revenue of €7 054 and 1 employees.
Turnover
—
State taxes
1 090 €
↑ 2.2%vs Q2 2026
Labour taxes
1 157 €
↑ 2.1%vs Q2 2026
Employees
1
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Labour taxes per employee1 157 €
above 43% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 20247 054 €
above 26% of companies
industry median 35 372 € · companies in the industry: 10 698
Net profit margin · 2024-36.1 %
above 8% of companies
industry median 3.4 % · companies in the industry: 8 842
Taxes and turnover
Q3 2023 – Q3 2026
Labour taxes per employee, € Q3 2026: 1 157 € · +2.1% vs Q2 2026 · industry median 1 236 € · above 43% 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.
EmployeesQ3 2026: 1 · +0.0% vs Q2 2026State taxes, € Q3 2026: 1 090 € · +2.2% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
—
1 090
1 157
1
Q2 2026
—
1 067
1 133
1
Q1 2026
—
1 021
1 085
1
Q4 2025
—
1 022
1 085
1
Q3 2025
—
1 022
1 085
1
Q2 2025
—
1 022
1 085
1
Q1 2025
—
982
1 044
1
Q4 2024
—
905
963
1
Q3 2024
—
905
963
1
Q2 2024
—
74
79
1
Q4 2023
—
754
806
—
Q3 2023
—
755
806
1
Q2 2023
—
754
806
1
Q1 2023
—
672
717
1
Q4 2022
—
808
857
1
Q3 2022
—
808
857
1
Q2 2022
—
808
857
1
Q1 2022
—
755
802
1
Labour taxes per employee per month
386 €
Q3 2026 · calculated from EMTA data
Financials by year
2015 – 2024
Revenue, € 2024: 7 054 € · −45.3% vs 2023 · industry median 35 372 € · above 26% 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, € 2024: -2 550 € · −31.9% vs 2023 · industry median 432 € · above 19% 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, % 2024: -36.1 % · −21.2 pp vs the year before · industry median 3.4 % · above 8% 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, € 2024: 3 841 € · −26.3% vs 2023Equity, € 2024: 2 661 € · −48.9% vs 2023Employees2024: 1 · +0.0% vs 2023 · industry median 1 · above 5% 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
2024
7 054
-2 550
9 081
3 841
2 661
1
2023
12 900
-1 934
9 702
5 211
5 211
1
2022
11 438
315
11 017
8 050
7 145
1
2021
5 849
-1 445
7 290
7 761
6 830
1
2020
9 990
1 648
8 356
9 579
8 274
1
2019
12 966
698
12 296
7 029
6 645
1
2018
—
—
—
—
—
1
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 2024
Net profit margin
-36.1 %
Net profit / revenue
Return on equity (ROE)
-95.8 %
Net profit / equity
Return on assets (ROA)
-66.4 %
Net profit / assets
Equity ratio
69.3 %
Equity / assets
Debt ratio
30.7 %
Liabilities / assets
Current ratio
3.26
Current assets / current liabilities
Revenue per employee
7 054 €
Revenue / average full-time employees
Labour cost per employee per month
757 €
Labour costs / employees / 12 months (incl. employer taxes)
