Welco Tartu OÜ is a OÜ based in Elva linn, registry code 12931040, status: active. Main activity: Electrical installation. According to EMTA, turnover for Q3 2026 was €146 196 with 4 employees.
Turnover
146 196 €
↑ 2.7%vs Q2 2026
State taxes
24 846 €
↓ 5.0%vs Q2 2026
Labour taxes
17 189 €
↓ 2.1%vs Q2 2026
Employees
4
−1vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 2026146 196 €
above 87% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee4 297 €
above 98% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025624 663 €
above 93% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 20250.7 %
above 36% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 146 196 € · +2.7% vs Q2 2026 · industry median 23 017 € · above 87% 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, € Q3 2026: 4 297 € · +22.3% vs Q2 2026 · industry median 1 236 € · above 98% 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: 4 · −20.0% vs Q2 2026State taxes, € Q3 2026: 24 846 € · −5.0% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
146 196
24 846
17 189
4
Q2 2026
142 386
26 152
17 564
5
Q1 2026
155 676
33 489
17 242
5
Q4 2025
159 168
32 109
19 140
4
Q3 2025
168 295
24 961
16 044
5
Q2 2025
147 602
23 705
14 738
4
Q1 2025
182 478
30 845
13 910
4
Q4 2024
190 283
27 792
12 928
4
Q3 2024
154 558
22 299
12 037
4
Q2 2024
231 651
35 671
12 807
4
Q1 2024
241 451
38 343
11 909
4
Q4 2023
170 228
17 721
11 171
4
Q3 2023
125 711
18 256
11 171
4
Q2 2023
173 138
22 456
10 267
4
Q1 2023
157 143
21 764
12 479
4
Q4 2022
153 517
17 226
15 189
4
Q3 2022
154 629
22 481
14 047
5
Q2 2022
175 843
18 181
9 942
5
Q1 2022
185 107
20 721
6 991
4
Labour taxes per employee per month
1 432 €
Turnover per employee in the quarter
36 549 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 624 663 € · −18.3% vs 2024 · industry median 37 328 € · above 93% 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, € thousand 2025: 4 436 € · −91.8% vs 2024 · industry median 561 € · above 66% 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: 0.7 % · −6.4 pp vs the year before · industry median 3.9 % · above 36% 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, € thousand 2025: 306 651 € · −15.7% vs 2024Equity, € thousand 2025: 245 043 € · −7.7% vs 2024Employees2025: 5 · +0.0% vs 2024 · industry median 1 · above 85% 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
624 663
4 436
154 235
306 651
245 043
5
2024
764 844
54 354
128 497
363 884
265 607
5
2023
695 586
121 834
113 931
378 743
271 253
5
2022
605 471
-49 378
131 268
254 228
149 420
6
2021
647 445
53 632
73 079
340 104
198 798
5
2020
494 820
-66 015
61 145
215 580
145 166
5
2019
798 458
70 917
77 009
332 485
231 647
6
2018
—
—
—
—
—
6
2017
—
—
—
—
—
5
2016
—
—
—
—
—
4
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
0.7 %
Net profit / revenue
Return on equity (ROE)
1.8 %
Net profit / equity
Return on assets (ROA)
1.4 %
Net profit / assets
Equity ratio
79.9 %
Equity / assets
Debt ratio
20.1 %
Liabilities / assets
Current ratio
4.80
Current assets / current liabilities
Revenue per employee
124 933 €
Revenue / average full-time employees
Labour cost per employee per month
2 571 €
Labour costs / employees / 12 months (incl. employer taxes)
