Venles OÜ

Active Registry code 12936818 OÜ Tallinn Registered 28 Oct 2015

Venles OÜ is a OÜ based in Tallinn, registry code 12936818, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €306 599 with 5 employees.

Turnover

306 599 €

↑ 36.8% vs Q2 2026

State taxes

7 773 €

↑ 6.7% vs Q2 2026

Labour taxes

8 073 €

↑ 22.2% vs Q2 2026

Employees

+1 vs Q2 2026

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

Turnover · Q3 2026 306 599 €

above 91% of companies

industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee 1 615 €

above 67% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025 1 mn €

above 94% of companies

industry median 38 239 € · companies in the industry: 7 000
Net profit margin · 2025 4.0 %

above 52% of companies

industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 306 599 € · +36.8% vs Q2 2026 · industry median 25 252 € · above 91% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 615 € · −2.2% vs Q2 2026 · industry median 1 211 € · above 67% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 5 · +25.0% vs Q2 2026

State taxes, € Q3 2026: 7 773 € · +6.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	306 599	7 773	8 073	5
Q2 2026	224 045	7 286	6 607	4
Q1 2026	203 755	4 941	5 243	4
Q4 2025	214 336	3 786	3 844	4
Q3 2025	295 361	46 886	2 623	4
Q2 2025	287 058	7 281	7 472	3
Q1 2025	349 497	7 248	7 604	3
Q4 2024	355 315	43 159	6 711	3
Q3 2024	285 728	5 894	6 173	3
Q2 2024	223 042	5 711	5 887	2
Q1 2024	192 082	4 782	5 000	2
Q4 2023	367 237	4 959	5 178	1
Q3 2023	243 258	3 673	3 841	1
Q2 2023	269 542	2 714	2 844	1
Q1 2023	210 899	—	2 599	1
Q4 2022	315 987	4 708	4 980	1
Q3 2022	243 574	6 058	6 519	2
Q2 2022	317 686	6 699	7 245	2
Q1 2022	266 884	5 787	6 139	2

Labour taxes per employee per month

538 €

Turnover per employee in the quarter

61 320 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 1 005 866 € · −12.0% vs 2024 · industry median 38 239 € · above 94% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 40 632 € · −73.3% vs 2024 · industry median 410 € · above 90% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 4.0 % · −9.3 pp vs the year before · industry median 3.5 % · above 52% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 468 342 € · −15.2% vs 2024

Equity, € thousand 2025: 405 427 € · +5.6% vs 2024

Employees 2025: 14 · +0.0% vs 2024 · industry median 2 · above 98% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (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	1 005 866	40 632	627 192	468 342	405 427	14
2024	1 142 456	152 352	692 989	552 583	383 795	14
2023	1 039 855	59 659	641 617	732 577	379 013	15
2022	1 180 410	134 466	718 353	481 067	319 354	17
2021	1 121 506	-153 302	585 544	356 073	184 888	18
2020	1 628 831	106 542	460 566	535 037	341 399	18
2019	1 604 662	237 932	746 880	311 172	246 952	24
2018	—	—	—	—	—	23
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1

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

3.9 %

Net profit / revenue

Return on equity (ROE)

10.0 %

Net profit / equity

Return on assets (ROA)

8.7 %

Net profit / assets

Equity ratio

86.6 %

Equity / assets

Debt ratio

13.4 %

Liabilities / assets

Current ratio

3.35

Current assets / current liabilities

Revenue per employee

74 415 €

Revenue / average full-time employees

Labour cost per employee per month

3 733 €

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	18 Mar 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	3 Apr 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	28 Feb 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	27 Mar 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	22 Mar 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	7 Apr 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	20 Mar 2020	Company’s own	e-Äriregister

Board

Aivar Jüriöö
Board member · since 29 May 2020

Right of representation

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

Owners

Olga Litvak
Natural person · 2 500 €

100%

Beneficial owners

Olga Litvak
Direct ownership · since 1 Sep 2018

Founders and other persons

Olga Litvak
Founder · 2 500 € · 27 Oct 2015

shared board members, owners or beneficial owners

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main
30111Building of civilian ships

Rulings 19

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50017648 / 15 26 Jun 2025	Amendment entry		In force 26 Jun 2025	PDF
Ä 50017648 / 14 12 Nov 2024	Amendment entry		In force 12 Nov 2024	PDF
Ä 50017648 / 13 8 Nov 2024	Amendment entry		In force 8 Nov 2024	PDF
Ä 50017648 / M4 7 Nov 2024	Ruling to eliminate deficiencies	22 Nov 2024	Deficiencies eliminated 8 Nov 2024	PDF
Ä 50017648 / 12 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 50017648 / 11 6 Oct 2020	Amendment entry		In force 6 Oct 2020	PDF
Ä 50017648 / 10 29 May 2020	Amendment entry		In force 29 May 2020	PDF
Ä 50017648 / 9 18 Feb 2020	Amendment under Commercial Code § 525 (2)		In force 18 Feb 2020	PDF
Ä 50017648 / 8 13 Jan 2020	Amendment entry		In force 13 Jan 2020	PDF
Ä 50017648 / 7 19 Jan 2018	Amendment entry		In force 19 Jan 2018	PDF
Ä 50017648 / 6 10 Dec 2017	Amendment entry		In force 10 Dec 2017	PDF
Ä 50017648 / 5 12 Oct 2016	Amendment entry		In force 12 Oct 2016	PDF
Ä 50017648 / M3 7 Oct 2016	Ruling to eliminate deficiencies	17 Oct 2016	Deficiencies eliminated 12 Oct 2016	PDF
Ä 50017648 / 4 5 Sep 2016	Amendment entry		In force 5 Sep 2016	PDF
Ä 50017648 / 3 2 May 2016	Amendment under Commercial Code § 525 (2)		In force 2 May 2016	PDF
Ä 50017648 / 2 25 Nov 2015	Amendment entry		In force 25 Nov 2015	PDF
Ä 50017648 / M2 23 Nov 2015	Ruling to eliminate deficiencies	30 Nov 2015	Deficiencies eliminated 23 Nov 2015	PDF
Ä 50017648 28 Oct 2015	First entry		In force 28 Oct 2015	PDF
Ä 50017648 / M1 27 Oct 2015	Ruling to eliminate deficiencies	26 Nov 2015	Deficiencies eliminated 28 Oct 2015	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data

Venles OÜ

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 19