Zed Works OÜ is a OÜ based in Tartu linn, registry code 12749699, status: active. Main activity: Other construction installation. According to EMTA, turnover for Q3 2026 was €6 624 with employees.
Turnover
6 624 €
↑ 24.7%vs Q2 2026
State taxes
890 €
↑ 139.9%vs Q2 2026
Labour taxes
0 €
Employees
—
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 20266 624 €
above 20% of companies
industry median 23 017 € · companies in the industry: 6 974
Revenue · 202524 510 €
above 41% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 20250.4 %
above 34% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 6 624 € · +24.7% vs Q2 2026 · industry median 23 017 € · above 20% 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, € Q4 2024: 1 002 € · +0.0% vs Q3 2024 · industry median 1 178 € · above 40% 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.
EmployeesQ4 2024: 1 · +0.0% vs Q3 2024State taxes, € Q3 2026: 890 € · +139.9% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
6 624
890
—
—
Q2 2026
5 311
371
—
—
Q1 2026
3 706
232
—
—
Q4 2025
7 127
1 220
—
—
Q3 2025
6 617
638
—
—
Q2 2025
5 178
214
—
—
Q1 2025
5 429
1 277
1 007
—
Q4 2024
9 917
2 341
1 002
1
Q3 2024
11 194
1 889
1 002
1
Q2 2024
9 202
2 082
1 002
1
Q1 2024
1 460
298
334
1
Q4 2023
27 449
1 667
8
—
Q3 2023
14 743
1 581
87
—
Q2 2023
13 942
1 549
87
1
Q1 2023
6 924
694
—
1
Q4 2022
10 915
1 884
98
1
Q3 2022
12 176
1 072
31
1
Q2 2022
8 296
612
37
1
Q1 2022
6 380
149
37
1
Financials by year
2016 – 2025
Revenue, € 2025: 24 510 € · −25.1% vs 2024 · industry median 37 328 € · above 41% 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, € 2025: 90 € · +113.3% vs 2024 · industry median 561 € · 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.
Net profit margin, % 2025: 0.4 % · +2.4 pp vs the year before · industry median 3.9 % · above 34% 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, € 2025: 24 422 € · −0.8% vs 2024Equity, € 2025: 24 269 € · +0.4% vs 2024Employees2025: 1 · +0.0% vs 2024 · 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
2025
24 510
90
2 294
24 422
24 269
1
2024
32 739
-679
12 070
24 611
24 179
1
2023
59 775
7 543
4 663
24 858
24 858
1
2022
33 773
9 097
4 625
17 914
17 315
1
2021
16 371
-6 394
5 589
9 003
8 218
1
2020
9 056
-1 873
3 250
14 611
14 611
1
2019
33 789
6 097
16 027
16 484
16 484
2
2018
—
—
—
—
—
2
2017
—
—
—
—
—
0
2016
—
—
—
—
—
0
2015
—
—
—
—
—
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
0.4 %
Net profit / revenue
Return on equity (ROE)
0.4 %
Net profit / equity
Return on assets (ROA)
0.4 %
Net profit / assets
Equity ratio
99.4 %
Equity / assets
Debt ratio
0.6 %
Liabilities / assets
Current ratio
159.62
Current assets / current liabilities
Revenue per employee
24 511 €
Revenue / average full-time employees
Labour cost per employee per month
191 €
Labour costs / employees / 12 months (incl. employer taxes)
