Osaühing Olv

Active Registry code 14048884 OÜ Viljandi linn Registered 13 May 2016
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Osaühing Olv is a OÜ based in Viljandi linn, registry code 14048884, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €8 037 with 1 employees.

Turnover
8 037 €
↑ 120.9% vs Q2 2026
State taxes
1 947 €
↑ 13.5% vs Q2 2026
Labour taxes
1 628 €
↓ 1.1% vs Q2 2026
Employees
1
±0 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 8 037 €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 1 628 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 75 264 €
    industry median 38 239 € · companies in the industry: 7 000
  • Net profit margin · 2025 18.7 %
    industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 8 037 € · +120.9% vs Q2 2026 · industry median 25 252 € · above 23% of the industry
010 00020 00030 00040 000Q4 2023 Company: 35 804 € Industry median: 26 427 €Q4·23Q1 2024 Company: 33 323 € Industry median: 19 618 €Q2 2024 Company: 2 584 € Industry median: 21 373 €Q2·24Q3 2024 Company: 14 353 € Industry median: 26 160 €Q4 2024 Company: 4 588 € Industry median: 25 496 €Q4·24Q1 2025 Company: 5 105 € Industry median: 19 568 €Q2 2025 Company: 18 405 € Industry median: 22 577 €Q2·25Q3 2025 Company: 31 849 € Industry median: 25 533 €Q4 2025 Company: 21 791 € Industry median: 25 721 €Q4·25Q1 2026 Company: 915 € Industry median: 20 483 €Q2 2026 Company: 3 638 € Industry median: 22 672 €Q2·26Q3 2026 Company: 8 037 € Industry median: 25 252 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 4 588 € Industry median: 25 496 €Q1 2025 Company: 5 105 € Industry median: 19 568 €Q1·25Q2 2025 Company: 18 405 € Industry median: 22 577 €Q3 2025 Company: 31 849 € Industry median: 25 533 €Q3·25Q4 2025 Company: 21 791 € Industry median: 25 721 €Q1 2026 Company: 915 € Industry median: 20 483 €Q1·26Q2 2026 Company: 3 638 € Industry median: 22 672 €Q3 2026 Company: 8 037 € Industry median: 25 252 €Q3·26
  • 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: 1 628 € · −1.1% vs Q2 2026 · industry median 1 211 € · above 67% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 091 € Industry median: 1 145 €Q4·23Q1 2024 Company: 1 118 € Industry median: 1 097 €Q2 2024 Company: 1 102 € Industry median: 1 083 €Q2·24Q3 2024 Company: 1 074 € Industry median: 1 142 €Q4 2024 Company: 1 064 € Industry median: 1 179 €Q4·24Q1 2025 Company: 1 109 € Industry median: 1 188 €Q2 2025 Company: 1 130 € Industry median: 1 149 €Q2·25Q3 2025 Company: 2 300 € Industry median: 1 208 €Q4 2025 Company: 1 893 € Industry median: 1 254 €Q4·25Q1 2026 Company: 1 632 € Industry median: 1 183 €Q2 2026 Company: 1 646 € Industry median: 1 166 €Q2·26Q3 2026 Company: 1 628 € Industry median: 1 211 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 064 € Industry median: 1 179 €Q1 2025 Company: 1 109 € Industry median: 1 188 €Q1·25Q2 2025 Company: 1 130 € Industry median: 1 149 €Q3 2025 Company: 2 300 € Industry median: 1 208 €Q3·25Q4 2025 Company: 1 893 € Industry median: 1 254 €Q1 2026 Company: 1 632 € Industry median: 1 183 €Q1·26Q2 2026 Company: 1 646 € Industry median: 1 166 €Q3 2026 Company: 1 628 € Industry median: 1 211 €Q3·26
  • 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: 1 · +0.0% vs Q2 2026
0.00.51.01.52.0Q4 2023 Company: 2Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: 2Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.51.01.52.0Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: 2Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 1 947 € · +13.5% vs Q2 2026
02 0004 0006 0008 00010 000Q4 2023 Company: 6 668 €Q4·23Q1 2024 Company: 8 009 €Q2 2024 Company: 2 184 €Q2·24Q3 2024 Company: 3 665 €Q4 2024 Company: 2 053 €Q4·24Q1 2025 Company: 2 869 €Q2 2025 Company: 4 947 €Q2·25Q3 2025 Company: 6 805 €Q4 2025 Company: 4 592 €Q4·25Q1 2026 Company: 1 932 €Q2 2026 Company: 1 715 €Q2·26Q3 2026 Company: 1 947 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 2 053 €Q1 2025 Company: 2 869 €Q1·25Q2 2025 Company: 4 947 €Q3 2025 Company: 6 805 €Q3·25Q4 2025 Company: 4 592 €Q1 2026 Company: 1 932 €Q1·26Q2 2026 Company: 1 715 €Q3 2026 Company: 1 947 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 8 037 1 947 1 628 1
Q2 2026 3 638 1 715 1 646 1
Q1 2026 915 1 932 1 632 1
Q4 2025 21 791 4 592 1 893 1
Q3 2025 31 849 6 805 2 300 1
Q2 2025 18 405 4 947 2 260 2
Q1 2025 5 105 2 869 2 218 2
Q4 2024 4 588 2 053 2 127 2
Q3 2024 14 353 3 665 2 148 2
Q2 2024 2 584 2 184 2 203 2
Q1 2024 33 323 8 009 2 235 2
Q4 2023 35 804 6 668 2 181 2
Q3 2023 13 653 3 142 2 223 2
Q2 2023 6 554 2 150 2 225 2
Q1 2023 6 262 2 718 2 222 2
Q4 2022 27 236 3 694 2 204 2
Q3 2022 15 241 2 143 2 281 2
Q2 2022 9 766 2 602 2 225 2
Q1 2022 22 224 5 641 2 224 2
Labour taxes per employee per month
543 €
Turnover per employee in the quarter
8 037 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 75 264 € · +42.9% vs 2024 · industry median 38 239 € · above 63% of the industry
02550751001252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 99 844 € Industry median: 38 887 €20192020 Company: 117 259 € Industry median: 35 421 €20202021 Company: 87 174 € Industry median: 38 277 €20212022 Company: 59 870 € Industry median: 39 545 €20222023 Company: 61 960 € Industry median: 37 262 €20232024 Company: 52 676 € Industry median: 37 686 €20242025 Company: 75 264 € Industry median: 38 239 €202502550751001252018 Company: — Industry median: —2019 Company: 99 844 € Industry median: 38 887 €20192020 Company: 117 259 € Industry median: 35 421 €2021 Company: 87 174 € Industry median: 38 277 €20212022 Company: 59 870 € Industry median: 39 545 €2023 Company: 61 960 € Industry median: 37 262 €20232024 Company: 52 676 € Industry median: 37 686 €2025 Company: 75 264 € Industry median: 38 239 €2025
  • 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, € 2025: 14 039 € · +261.3% vs 2024 · industry median 410 € · above 80% of the industry
-40 000-20 000020 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 13 000 € Industry median: 643 €20192020 Company: 26 885 € Industry median: 281 €20202021 Company: -10 485 € Industry median: 315 €20212022 Company: -28 707 € Industry median: 398 €20222023 Company: -5 182 € Industry median: 253 €20232024 Company: -8 703 € Industry median: 108 €20242025 Company: 14 039 € Industry median: 410 €2025-40 000-20 000020 00040 0002018 Company: — Industry median: —2019 Company: 13 000 € Industry median: 643 €20192020 Company: 26 885 € Industry median: 281 €2021 Company: -10 485 € Industry median: 315 €20212022 Company: -28 707 € Industry median: 398 €2023 Company: -5 182 € Industry median: 253 €20232024 Company: -8 703 € Industry median: 108 €2025 Company: 14 039 € Industry median: 410 €2025
  • 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: 18.7 % · +35.2 pp vs the year before · industry median 3.5 % · above 78% of the industry
-60-40-20020402016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 13.0 % Industry median: 4.5 %20192020 Company: 22.9 % Industry median: 4.0 %20202021 Company: -12.0 % Industry median: 3.8 %20212022 Company: -47.9 % Industry median: 3.9 %20222023 Company: -8.4 % Industry median: 3.9 %20232024 Company: -16.5 % Industry median: 2.8 %20242025 Company: 18.7 % Industry median: 3.5 %2025-60-40-20020402018 Company: — Industry median: —2019 Company: 13.0 % Industry median: 4.5 %20192020 Company: 22.9 % Industry median: 4.0 %2021 Company: -12.0 % Industry median: 3.8 %20212022 Company: -47.9 % Industry median: 3.9 %2023 Company: -8.4 % Industry median: 3.9 %20232024 Company: -16.5 % Industry median: 2.8 %2025 Company: 18.7 % Industry median: 3.5 %2025
  • 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, € 2025: 21 144 € · +146.7% vs 2024
020 00040 00060 00080 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 35 788 €20192020 Company: 69 742 €20202021 Company: 56 971 €20212022 Company: 30 249 €20222023 Company: 18 107 €20232024 Company: 8 571 €20242025 Company: 21 144 €2025020 00040 00060 00080 0002018 Company: —2019 Company: 35 788 €20192020 Company: 69 742 €2021 Company: 56 971 €20212022 Company: 30 249 €2023 Company: 18 107 €20232024 Company: 8 571 €2025 Company: 21 144 €2025
Equity, € 2025: 18 376 € · +323.7% vs 2024
020 00040 00060 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 30 529 €20192020 Company: 57 414 €20202021 Company: 46 929 €20212022 Company: 18 222 €20222023 Company: 13 040 €20232024 Company: 4 337 €20242025 Company: 18 376 €2025020 00040 00060 0002018 Company: —2019 Company: 30 529 €20192020 Company: 57 414 €2021 Company: 46 929 €20212022 Company: 18 222 €2023 Company: 13 040 €20232024 Company: 4 337 €2025 Company: 18 376 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
0.00.51.01.52.02016 Company: 1 Industry median: —20162017 Company: 2 Industry median: —20172018 Company: 2 Industry median: 220182019 Company: 1 Industry median: 220192020 Company: 1 Industry median: 220202021 Company: 1 Industry median: 220212022 Company: 1 Industry median: 220222023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 220242025 Company: 1 Industry median: 220250.00.51.01.52.02018 Company: 2 Industry median: 22019 Company: 1 Industry median: 220192020 Company: 1 Industry median: 22021 Company: 1 Industry median: 220212022 Company: 1 Industry median: 22023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 22025 Company: 1 Industry median: 22025
  • 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 75 264 14 039 19 575 21 144 18 376 1
2024 52 676 -8 703 21 053 8 571 4 337 1
2023 61 960 -5 182 21 254 18 107 13 040 1
2022 59 870 -28 707 21 461 30 249 18 222 1
2021 87 174 -10 485 19 735 56 971 46 929 1
2020 117 259 26 885 18 562 69 742 57 414 1
2019 99 844 13 000 17 632 35 788 30 529 1
2018 — — — — — 2
2017 — — — — — 2
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
18.7 %
Net profit / revenue
Return on equity (ROE)
76.4 %
Net profit / equity
Return on assets (ROA)
66.4 %
Net profit / assets
Equity ratio
86.9 %
Equity / assets
Debt ratio
13.1 %
Liabilities / assets
Current ratio
7.47
Current assets / current liabilities
Revenue per employee
75 264 €
Revenue / average full-time employees
Labour cost per employee per month
1 631 €
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 26 May 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 16 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 10 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 4 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 13 Apr 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 3 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 8 Jul 2020 Company’s own e-Äriregister

Board

  • Udo Kelk
    Board member · since 13 May 2016

Right of representation

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

Owners

Beneficial owners

  • Janek Kelk
    Direct ownership · since 13 Apr 2022

Founders and other persons

  • Udo Kelk
    Founder · 2 500 € · 9 May 2016
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50029775 / 5
13 Sep 2023
Amendment entry In force
13 Sep 2023
PDF
Ä 50029775 / 4
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50029775 / 4
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50029775 / 3
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 50029775 / 2
11 Dec 2017
Amendment entry In force
11 Dec 2017
PDF
Ä 50029775
13 May 2016
First entry In force
13 May 2016
PDF
Ä 50029775 / M2
11 May 2016
Ruling to eliminate deficiencies 10 Jun 2016 Deficiencies eliminated
12 May 2016
PDF
Ä 50029775 / M1
10 May 2016
Ruling to eliminate deficiencies 9 Jun 2016 Deficiencies eliminated
12 May 2016
PDF

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