Formek OÜ is a OÜ based in Are alevik, registry code 14081516, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €6 453 with employees.
Turnover
6 453 €
↓ 66.6%vs Q2 2026
State taxes
2 000 €
↓ 34.9%vs Q2 2026
Labour taxes
1 118 €
↑ 7.4%vs Q2 2026
Employees
—
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 20266 453 €
above 20% of companies
industry median 25 252 € · companies in the industry: 4 696
Revenue · 202545 288 €
above 54% of companies
industry median 38 239 € · companies in the industry: 7 000
Net profit margin · 20250.2 %
above 33% of companies
industry median 3.5 % · companies in the industry: 5 562
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 6 453 € · −66.6% vs Q2 2026 · industry median 25 252 € · above 20% 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.
State taxes, € Q3 2026: 2 000 € · −34.9% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
6 453
2 000
1 118
—
Q2 2026
19 333
3 071
1 041
—
Q1 2026
19 237
2 965
1 014
—
Q4 2025
8 751
2 181
960
—
Q3 2025
16 083
2 674
960
—
Q2 2025
13 961
1 956
960
—
Q1 2025
2 318
915
905
—
Q4 2024
15 314
2 743
795
—
Q3 2024
11 152
2 308
795
—
Q2 2024
10 396
1 940
795
—
Q1 2024
10 601
2 283
759
—
Q4 2023
6 810
1 203
687
—
Q3 2023
7 122
1 362
687
—
Q2 2023
4 719
938
687
—
Q1 2023
13 413
2 369
677
—
Q4 2022
14 453
1 529
657
—
Q3 2022
12 440
1 311
657
—
Q2 2022
16 091
868
638
—
Q1 2022
3 913
1 204
657
—
Financials by year
2017 – 2025
Revenue, € 2025: 45 288 € · +20.6% vs 2024 · industry median 38 239 € · above 54% 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, € 2025: 107 € · −97.5% vs 2024 · industry median 410 € · above 46% 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: 0.2 % · −11.3 pp vs the year before · industry median 3.5 % · above 33% 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, € 2025: 16 718 € · −0.9% vs 2024Equity, € 2025: 13 428 € · +0.8% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% 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
45 288
107
13 087
16 718
13 428
1
2024
37 566
4 352
11 571
16 875
13 321
1
2023
35 513
5 045
10 438
13 028
8 969
1
2022
44 689
-3 958
9 303
6 500
3 924
1
2021
41 079
-543
9 321
12 101
7 882
1
2020
42 360
1 592
8 618
10 003
8 425
1
2019
26 155
-194
8 618
7 952
6 833
1
2018
—
—
—
—
—
1
2017
—
—
—
—
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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
0.2 %
Net profit / revenue
Return on equity (ROE)
0.8 %
Net profit / equity
Return on assets (ROA)
0.6 %
Net profit / assets
Equity ratio
80.3 %
Equity / assets
Debt ratio
19.7 %
Liabilities / assets
Current ratio
4.17
Current assets / current liabilities
Revenue per employee
45 288 €
Revenue / average full-time employees
Labour cost per employee per month
1 091 €
Labour costs / employees / 12 months (incl. employer taxes)
