Formaco OÜ is a OÜ based in Tallinn, registry code 12832510, status: active. Main activity: Other education n.e.c.. According to EMTA, turnover for Q3 2026 was €36 754 with 6 employees.
Turnover
36 754 €
↓ 37.3%vs Q2 2026
State taxes
11 102 €
↓ 45.6%vs Q2 2026
Labour taxes
4 306 €
↓ 55.7%vs Q2 2026
Employees
6
−3vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Education · EMTAK 85
Turnover · Q3 202636 754 €
above 83% of companies
industry median 8 170 € · companies in the industry: 1 274
Labour taxes per employee718 €
above 28% of companies
industry median 1 198 € · companies in the industry: 2 039
Revenue · 2025217 285 €
above 98% of companies
industry median 2 266 € · companies in the industry: 7 179
Net profit margin · 2025-2.5 %
above 27% of companies
industry median 6.7 % · companies in the industry: 5 231
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 36 754 € · −37.3% vs Q2 2026 · industry median 8 170 € · above 83% of the industry
Company
Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 718 € · −33.6% vs Q2 2026 · industry median 1 198 € · above 28% of the industry
Company
Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 6 · −33.3% vs Q2 2026State taxes, € Q3 2026: 11 102 € · −45.6% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
36 754
11 102
4 306
6
Q2 2026
58 580
20 424
9 725
9
Q1 2026
51 391
22 375
12 623
6
Q4 2025
53 017
27 676
9 559
6
Q3 2025
46 619
9 468
9 558
9
Q2 2025
64 357
21 901
11 295
9
Q1 2025
59 414
20 773
9 869
8
Q4 2024
57 363
21 921
11 440
8
Q3 2024
48 271
4 208
4 045
8
Q2 2024
64 871
20 651
12 243
8
Q1 2024
65 826
22 553
12 705
8
Q4 2023
66 544
23 093
11 045
8
Q3 2023
42 089
13 301
8 428
7
Q2 2023
56 038
16 599
9 013
7
Q1 2023
39 479
13 555
6 890
6
Q4 2022
32 840
11 738
6 366
6
Q3 2022
20 387
3 752
3 955
5
Q2 2022
39 310
14 977
6 314
7
Q1 2022
32 513
10 409
6 655
7
Labour taxes per employee per month
239 €
Turnover per employee in the quarter
6 126 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 217 285 € · −5.0% vs 2024 · industry median 2 266 € · above 98% of the industry
Company
Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -5 525 € · −312.0% vs 2024 · industry median 135 € · above 8% of the industry
Company
Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -2.5 % · −2.0 pp vs the year before · industry median 6.7 % · above 27% of the industry
Company
Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 33 731 € · −6.0% vs 2024Equity, € 2025: -3 018 € · −220.4% vs 2024Employees2025: 5 · +150.0% vs 2024 · industry median 1 · above 90% of the industry
Company
Industry median
Industry: Education (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
217 285
-5 525
113 676
33 731
-3 018
5
2024
228 799
-1 341
123 860
35 882
2 507
2
2023
210 954
686
106 700
23 896
3 448
2
2022
120 605
-11 010
62 645
15 925
2 762
2
2021
120 757
7 790
62 990
26 027
13 772
2
2020
108 925
3 236
54 080
25 109
5 982
2
2019
198 695
-21 393
76 401
27 656
2 746
2
2018
—
—
—
—
—
1
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
-2.5 %
Net profit / revenue
Return on assets (ROA)
-16.4 %
Net profit / assets
Equity ratio
-8.9 %
Equity / assets
Debt ratio
108.9 %
Liabilities / assets
Current ratio
0.83
Current assets / current liabilities
Revenue per employee
43 457 €
Revenue / average full-time employees
Labour cost per employee per month
1 895 €
Labour costs / employees / 12 months (incl. employer taxes)
