JapEst Group OÜ

Active Registry code 12882689 OÜ Tallinn Registered 21 Jul 2015

JapEst Group OÜ is a OÜ based in Tallinn, registry code 12882689, status: active. Main activity: Wholesale of sanitary equipment and building materials n.e.c. According to EMTA, turnover for Q3 2026 was €482 556 with 4 employees.

Turnover

482 556 €

↑ 8.1% vs Q2 2026

State taxes

36 650 €

↓ 19.3% vs Q2 2026

Labour taxes

29 923 €

↓ 1.7% vs Q2 2026

Employees

±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 482 556 €

above 80% of companies

industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee 7 481 €

above 98% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 1.5 mn €

above 86% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 25.6 %

above 87% of companies

industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 482 556 € · +8.1% vs Q2 2026 · industry median 60 065 € · above 80% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 7 481 € · −1.7% vs Q2 2026 · industry median 2 104 € · above 98% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 4 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 36 650 € · −19.3% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	482 556	36 650	29 923	4
Q2 2026	446 246	45 420	30 432	4
Q1 2026	379 110	45 326	32 305	4
Q4 2025	545 965	79 340	25 493	4
Q3 2025	460 487	50 432	22 366	4
Q2 2025	270 693	22 409	20 758	4
Q1 2025	188 638	27 730	22 191	4
Q4 2024	287 188	20 330	20 672	4
Q3 2024	250 437	17 895	19 215	4
Q2 2024	327 200	44 053	18 201	4
Q1 2024	59 242	23 630	19 872	4
Q4 2023	280 749	18 600	18 324	4
Q3 2023	313 795	35 916	16 787	4
Q2 2023	200 201	18 667	11 888	4
Q1 2023	102 095	5 549	10 905	4
Q4 2022	260 937	—	11 018	4
Q3 2022	248 001	9 664	8 975	4
Q2 2022	267 604	27 193	8 967	4
Q1 2022	185 105	20 041	9 015	4

Labour taxes per employee per month

2 494 €

Turnover per employee in the quarter

120 639 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 1 514 402 € · +57.0% vs 2024 · industry median 63 691 € · above 86% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 387 242 € · +12 050.7% vs 2024 · industry median 127 € · above 98% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 25.6 % · +25.2 pp vs the year before · industry median 2.7 % · above 87% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 689 070 € · +128.9% vs 2024

Equity, € thousand 2025: 564 821 € · +142.9% vs 2024

Employees 2025: 5 · +25.0% vs 2024 · industry median 2 · above 75% of the industry

Company
Industry median

Industry: Wholesale trade (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	1 514 402	387 242	227 230	689 070	564 821	5
2024	964 377	3 187	189 314	300 984	232 579	4
2023	869 244	76 652	170 862	314 420	259 393	4
2022	882 776	35 267	94 584	234 266	182 741	4
2021	822 776	94 335	61 512	223 658	147 474	5
2020	307 535	27 507	50 289	106 819	53 139	4
2019	515 625	-30 145	67 607	78 857	25 632	4
2018	—	—	—	—	—	4
2017	—	—	—	—	—	2
2016	—	—	—	—	—	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

25.6 %

Net profit / revenue

Return on equity (ROE)

68.6 %

Net profit / equity

Return on assets (ROA)

56.2 %

Net profit / assets

Equity ratio

82.0 %

Equity / assets

Debt ratio

18.0 %

Liabilities / assets

Current ratio

5.55

Current assets / current liabilities

Revenue per employee

302 880 €

Revenue / average full-time employees

Labour cost per employee per month

3 787 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	21 May 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	18 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	9 May 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	5 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	11 Apr 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	1 May 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Jun 2020	Company’s own	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
1	50 000 €	Swedbank AS	23 Dec 2021 – in force

Board

Marko Olenko
Board member · since 21 Jul 2015
Martti Krips
Board member · since 21 Jul 2015

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Martti Krips
Natural person · 1 335 €

53.40%
Marko Olenko
Natural person · 1 165 €

46.60%

Beneficial owners

Marko Olenko
Direct ownership · since 11 Sep 2018
Martti Krips
Direct ownership · since 11 Sep 2018

Founders and other persons

Ivika Uusmaa
Founder · 583 € · 21 Jul 2015
Marko Olenko
Founder · 583 € · 21 Jul 2015
Martti Krips
Founder · 751 € · 21 Jul 2015
Sten Haagna
Founder · 583 € · 21 Jul 2015

shared board members, owners or beneficial owners

Activities (EMTAK)

46832Wholesale of sanitary equipment and building materials n.e.c Main

Rulings 13

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 50011781 / 12 10 Feb 2026	Amendment under Code of Civil Procedure § 595¹ (1)	In force 10 Feb 2026	PDF
Ä 50011781 / 11 13 May 2024	Amendment entry	In force 13 May 2024	PDF
Ä 50011781 / 10 11 Sep 2023	Amendment entry	In force 11 Sep 2023	PDF
Ä 50011781 / 9 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
K 50011781 / 8 23 Dec 2021	Commercial pledge entered	In force 23 Dec 2021	PDF
Ä 50011781 / 7 6 Oct 2020	Amendment entry	In force 6 Oct 2020	PDF
Ä 50011781 / 6 30 Jan 2018	Amendment entry	In force 30 Jan 2018	PDF
Ä 50011781 / 5 19 Jan 2018	Amendment entry	In force 19 Jan 2018	PDF
Ä 50011781 / 4 10 Dec 2017	Amendment entry	In force 10 Dec 2017	PDF
Ä 50011781 / M1 21 Apr 2017	Procedural ruling	In force 21 Apr 2017	PDF
Ä 50011781 / 3 3 May 2016	Amendment under Commercial Code § 525 (2)	In force 3 May 2016	PDF
Ä 50011781 / 2 4 Nov 2015	Amendment entry	In force 4 Nov 2015	PDF
Ä 50011781 21 Jul 2015	First entry	In force 21 Jul 2015	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

JapEst Group OÜ

Position in the industry Wholesale trade · EMTAK 46

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 13