Fellin Invest OÜ

Active Registry code 12894037 OÜ Viljandi linn Registered 12 Aug 2015

Fellin Invest OÜ is a OÜ based in Viljandi linn, registry code 12894037, status: active. Main activity: Construction of other civil engineering projects n.e.c.. According to EMTA, turnover for Q3 2026 was €340 248 with 20 employees.

Turnover

340 248 €

↓ 32.5% vs Q2 2026

State taxes

26 948 €

↑ 34.0% vs Q2 2026

Labour taxes

18 147 €

↑ 7.9% vs Q2 2026

Employees

+5 vs Q2 2026

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

Position in the industry Civil engineering · EMTAK 42

Turnover · Q3 2026 340 248 €

above 80% of companies

industry median 52 240 € · companies in the industry: 1 125
Labour taxes per employee 907 €

above 16% of companies

industry median 1 750 € · companies in the industry: 933
Revenue · 2025 1.7 mn €

above 89% of companies

industry median 88 960 € · companies in the industry: 1 426
Net profit margin · 2025 1.4 %

above 36% of companies

industry median 5.0 % · companies in the industry: 1 185

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 340 248 € · −32.5% vs Q2 2026 · industry median 52 240 € · above 80% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 907 € · −19.1% vs Q2 2026 · industry median 1 750 € · above 16% of the industry

Company
Industry median

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

Employees Q3 2026: 20 · +33.3% vs Q2 2026

State taxes, € Q3 2026: 26 948 € · +34.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	340 248	26 948	18 147	20
Q2 2026	504 373	20 103	16 817	15
Q1 2026	468 235	22 287	12 984	14
Q4 2025	344 721	23 950	16 589	12
Q3 2025	341 566	33 878	28 280	13
Q2 2025	625 713	45 917	30 433	20
Q1 2025	387 414	43 946	19 773	28
Q4 2024	486 277	36 897	25 998	16
Q3 2024	597 760	58 329	29 000	19
Q2 2024	350 681	18 639	9 789	22
Q1 2024	160 779	10 105	4 474	12
Q4 2023	359 877	19 141	8 611	8
Q3 2023	802 947	20 655	9 817	12
Q2 2023	453 340	20 466	13 741	12
Q1 2023	542 235	46 208	23 719	17
Q4 2022	695 631	46 856	28 684	20
Q3 2022	463 689	36 779	22 886	20
Q2 2022	374 035	31 633	21 440	29
Q1 2022	294 152	22 937	17 761	25

Labour taxes per employee per month

302 €

Turnover per employee in the quarter

17 012 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 1 712 548 € · +2.2% vs 2024 · industry median 88 960 € · above 89% of the industry

Company
Industry median

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

Net profit, € thousand 2025: 23 616 € · −75.9% vs 2024 · industry median 2 500 € · above 73% of the industry

Company
Industry median

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

Net profit margin, % 2025: 1.4 % · −4.5 pp vs the year before · industry median 5.0 % · above 36% of the industry

Company
Industry median

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

Assets, € thousand 2025: 1 426 859 € · −0.7% vs 2024

Equity, € thousand 2025: 632 065 € · +3.9% vs 2024

Employees 2025: 18 · +0.0% vs 2024 · industry median 2 · above 91% of the industry

Company
Industry median

Industry: Civil engineering (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	1 712 548	23 616	261 592	1 426 859	632 065	18
2024	1 675 663	98 193	248 906	1 437 311	608 448	18
2023	1 579 382	82 957	149 829	1 120 650	510 256	13
2022	1 956 259	88 696	289 557	799 409	427 299	20
2021	1 034 234	103 832	158 861	417 238	335 570	15
2020	381 212	-3 310	65 573	283 582	231 738	7
2019	725 160	154 543	71 250	255 476	233 231	7
2018	—	—	—	—	—	1
2017	—	—	—	—	—	0
2016	—	—	—	—	—	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

1.4 %

Net profit / revenue

Return on equity (ROE)

3.7 %

Net profit / equity

Return on assets (ROA)

1.7 %

Net profit / assets

Equity ratio

44.3 %

Equity / assets

Debt ratio

55.7 %

Liabilities / assets

Current ratio

2.34

Current assets / current liabilities

Revenue per employee

95 142 €

Revenue / average full-time employees

Labour cost per employee per month

1 211 €

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	30 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	21 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	30 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	27 Apr 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	24 Sep 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	12 Aug 2020	Company’s own	e-Äriregister

Board

Kaarel Jõulu
Board member · since 2 Jan 2018

Right of representation

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

Owners

Kaarel Jõulu
Natural person · 2 500 €

100%

Owner in

FELLINTRADE OÜ
100%

Beneficial owners

Kaarel Jõulu
Direct ownership · since 5 Jun 2019

Founders and other persons

Jaan Saarem
Founder · 2 500 € · 5 Aug 2015

shared board members, owners or beneficial owners

Activities (EMTAK)

42991Construction of other civil engineering projects n.e.c. Main
68201Rental and operating of own or leased real estate
77111Rental and leasing of cars and light motor vehicles (with a maximum permissible weight up to 3,5 tons)
78201Temporary employment agency activities

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50012675 / 7 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 50012675 / 6 2 Feb 2018	Amendment under Commercial Code § 525 (2)		In force 2 Feb 2018	PDF
Ä 50012675 / 5 19 Jan 2018	Amendment entry		In force 19 Jan 2018	PDF
Ä 50012675 / 4 2 Jan 2018	Amendment entry		In force 2 Jan 2018	PDF
Ä 50012675 / M3 28 Dec 2017	Ruling to eliminate deficiencies	7 Jan 2018	Deficiencies eliminated 28 Dec 2017	PDF
Ä 50012675 / 3 19 Dec 2017	Amendment entry		In force 19 Dec 2017	PDF
Ä 50012675 / M2 14 Dec 2017	Ruling to eliminate deficiencies	13 Jan 2018	Deficiencies eliminated 19 Dec 2017	PDF
Ä 50012675 / 2 10 Dec 2017	Amendment entry		In force 10 Dec 2017	PDF
Ä 50012675 12 Aug 2015	First entry		In force 12 Aug 2015	PDF
Ä 50012675 / M1 6 Aug 2015	Ruling to eliminate deficiencies	26 Aug 2015	Deficiencies eliminated 6 Aug 2015	PDF

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

Fellin Invest OÜ

Position in the industry Civil engineering · EMTAK 42

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 10