Hartvald OÜ is a OÜ based in Saulepa küla, registry code 14020288, status: active. Main activity: Other building completion and finishing. According to EMTA, turnover for Q3 2026 was €16 494 with 1 employees.
Turnover
16 494 €
↑ 43.0%vs Q2 2026
State taxes
1 975 €
↑ 8.4%vs Q2 2026
Labour taxes
1 626 €
↑ 6.2%vs Q2 2026
Employees
1
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 202616 494 €
above 41% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee1 626 €
above 65% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 202562 063 €
above 62% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 20251.4 %
above 41% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 16 494 € · +43.0% vs Q2 2026 · industry median 23 017 € · above 41% 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: 1 626 € · +6.2% vs Q2 2026 · industry median 1 236 € · above 65% 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: 1 · +0.0% vs Q2 2026State taxes, € Q3 2026: 1 975 € · +8.4% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
16 494
1 975
1 626
1
Q2 2026
11 533
1 822
1 531
1
Q1 2026
10 803
3 733
3 303
1
Q4 2025
5 198
187
2 827
1
Q3 2025
21 448
3 913
2 827
2
Q2 2025
22 826
3 466
2 827
2
Q1 2025
16 386
4 033
3 283
2
Q4 2024
23 000
4 782
3 414
3
Q3 2024
40 056
4 995
3 035
3
Q2 2024
16 549
3 551
2 583
3
Q1 2024
11 989
4 080
3 290
2
Q4 2023
20 692
3 723
2 276
3
Q3 2023
35 779
5 718
2 276
2
Q2 2023
24 771
3 328
2 276
2
Q1 2023
25 749
4 275
2 111
2
Q4 2022
18 220
3 190
2 121
2
Q3 2022
17 234
2 220
2 121
2
Q2 2022
13 973
1 652
1 414
2
Q1 2022
20 202
3 287
1 810
2
Labour taxes per employee per month
542 €
Turnover per employee in the quarter
16 494 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 62 063 € · −33.6% vs 2024 · industry median 37 328 € · above 62% 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, € 2025: 899 € · +394.8% vs 2024 · industry median 561 € · above 52% 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: 1.4 % · +1.8 pp vs the year before · industry median 3.9 % · above 41% 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, € 2025: 44 210 € · +73.3% vs 2024Equity, € 2025: 7 664 € · +13.3% vs 2024Employees2025: 1 · −50.0% vs 2024 · industry median 1 · above 5% 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
62 063
899
27 406
44 210
7 664
1
2024
93 417
-305
39 739
25 504
6 765
2
2023
102 072
4 839
29 291
34 179
7 070
2
2022
68 836
-1 661
22 724
31 526
2 231
2
2021
63 767
-1 836
25 204
38 722
3 892
2
2020
103 954
2 598
31 751
36 298
5 728
4
2019
83 702
396
48 792
36 909
3 131
4
2018
—
—
—
—
—
4
2017
—
—
—
—
—
4
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
1.4 %
Net profit / revenue
Return on equity (ROE)
11.7 %
Net profit / equity
Return on assets (ROA)
2.0 %
Net profit / assets
Equity ratio
17.3 %
Equity / assets
Debt ratio
82.7 %
Liabilities / assets
Current ratio
0.83
Current assets / current liabilities
Revenue per employee
62 063 €
Revenue / average full-time employees
Labour cost per employee per month
2 284 €
Labour costs / employees / 12 months (incl. employer taxes)
