Techvitas OÜ

Active Registry code 14173052 OÜ Tallinn Registered 21 Dec 2016

Techvitas OÜ is a OÜ based in Tallinn, registry code 14173052, status: active. Main activity: Wholesale of other machinery and equipment. According to EMTA, turnover for Q3 2026 was €817 623 with 7 employees.

Turnover

817 623 €

↓ 4.8% vs Q2 2026

State taxes

144 939 €

↓ 3.8% vs Q2 2026

Labour taxes

32 640 €

↓ 8.4% vs Q2 2026

Employees

+1 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 817 623 €

above 85% of companies

industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee 4 663 €

above 83% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 2 mn €

above 88% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 9.2 %

above 71% of companies

industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 817 623 € · −4.8% vs Q2 2026 · industry median 60 065 € · above 85% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 663 € · −21.5% vs Q2 2026 · industry median 2 104 € · above 83% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 7 · +16.7% vs Q2 2026

State taxes, € thousand Q3 2026: 144 939 € · −3.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	817 623	144 939	32 640	7
Q2 2026	859 222	150 606	35 644	6
Q1 2026	612 748	111 962	29 103	6
Q4 2025	867 430	149 798	31 682	6
Q3 2025	942 779	155 964	30 596	6
Q2 2025	764 541	120 992	25 725	6
Q1 2025	629 692	99 099	24 919	5
Q4 2024	565 166	93 898	23 764	5
Q3 2024	584 860	101 388	24 524	5
Q2 2024	469 656	83 002	23 081	5
Q1 2024	455 531	89 207	29 768	5
Q4 2023	459 650	76 218	27 102	6
Q3 2023	525 795	76 112	21 398	5
Q2 2023	625 968	92 016	23 483	4
Q1 2023	469 873	62 353	22 281	5
Q4 2022	624 880	98 768	25 107	5
Q3 2022	351 023	61 801	22 019	6
Q2 2022	456 019	68 927	20 623	5
Q1 2022	371 013	52 506	18 691	5

Labour taxes per employee per month

1 554 €

Turnover per employee in the quarter

116 803 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2025

Revenue, € thousand 2025: 1 959 797 € · +51.1% vs 2024 · industry median 63 691 € · above 88% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 179 915 € · +4 860.4% vs 2024 · industry median 127 € · above 92% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 9.2 % · +8.9 pp vs the year before · industry median 2.7 % · above 71% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 195 344 € · +112.2% vs 2024

Equity, € thousand 2025: 28 752 € · +119.0% vs 2024

Employees 2025: 6 · +20.0% vs 2024 · industry median 2 · above 80% of the industry

Company
Industry median

Industry: Wholesale trade (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	1 959 797	179 915	260 949	195 344	28 752	6
2024	1 297 179	3 627	221 731	92 065	-151 163	5
2023	1 220 943	-15 347	227 461	148 042	-154 790	6
2022	1 068 972	-35 921	209 956	119 864	-139 443	5
2021	689 725	-21 430	113 320	126 923	-153 523	3
2020	565 296	-21 646	117 697	102 343	-182 093	3
2019	452 301	-119 121	109 182	66 930	-160 447	3
2018	—	—	—	—	—	2
2017	—	—	—	—	—	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

9.2 %

Net profit / revenue

Return on equity (ROE)

625.7 %

Net profit / equity

Return on assets (ROA)

92.1 %

Net profit / assets

Equity ratio

14.7 %

Equity / assets

Debt ratio

85.3 %

Liabilities / assets

Current ratio

1.06

Current assets / current liabilities

Revenue per employee

326 633 €

Revenue / average full-time employees

Labour cost per employee per month

3 624 €

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	3 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	20 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	17 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	11 Jul 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	16 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	18 Sep 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	14 Oct 2020	Company’s own	e-Äriregister

Board

Renatas Petronis
Board member · since 8 Mar 2017

Right of representation

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

Owners

"UAB TECHVITAS", 141854261 (LTU)
Legal person · 52 501 €

100%

Beneficial owners

Egidijus Mineikis
Direct ownership · LTU · since 16 Nov 2018
Renatas Petronis
Direct ownership · LTU · since 16 Nov 2018

Founders and other persons

Svetlana Ostrovskaja
Founder · 2 500 € · 21 Dec 2016

Activities (EMTAK)

46649Wholesale of other machinery and equipment Main

Rulings 22

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50043669 / M12 4 Jul 2025	Warning of compulsory dissolution: insufficient net assets	5 Jan 2026	Deficiencies eliminated 13 Oct 2025	PDF
Ä 50043669 / 10 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 50043669 / 9 26 Oct 2022	Amendment entry		In force 26 Oct 2022	PDF
Ä 50043669 / M11 10 Oct 2022	Ruling to eliminate deficiencies	9 Nov 2022	Deficiencies eliminated 26 Oct 2022	PDF
Ä 50043669 / 8 4 Oct 2022	Entry refused		In force 20 Oct 2022	PDF
Ä 50043669 / M10 26 Aug 2021	Procedural ruling		In force 26 Aug 2021	PDF
Ä 50043669 / 7 4 Mar 2021	Amendment entry		In force 4 Mar 2021	PDF
Ä 50043669 / M9 23 Feb 2021	Ruling to eliminate deficiencies	10 Mar 2021	Deficiencies eliminated 4 Mar 2021	PDF
Ä 50043669 / M8 19 Feb 2021	Ruling to eliminate deficiencies	6 Mar 2021	Deficiencies eliminated 4 Mar 2021	PDF
Ä 50043669 / M7 26 Jan 2021	Procedural ruling	25 Feb 2021	In force 26 Jan 2021	PDF
Ä 50043669 / M6 18 Mar 2020	Procedural ruling	17 Apr 2020	In force 18 Mar 2020	PDF
Ä 50043669 / 6 4 Oct 2019	Amendment under Commercial Code § 525 (2)		In force 4 Oct 2019	PDF
Ä 50043669 / M5 30 Sep 2019	Ruling to eliminate deficiencies	15 Oct 2019	Deficiencies eliminated 4 Oct 2019	PDF
Ä 50043669 / 5 19 Jan 2018	Amendment entry		In force 19 Jan 2018	PDF
Ä 50043669 / 4 12 Dec 2017	Amendment entry		In force 12 Dec 2017	PDF
Ä 50043669 / 3 8 Mar 2017	Amendment entry		In force 8 Mar 2017	PDF
Ä 50043669 / M4 27 Feb 2017	Ruling to eliminate deficiencies	11 Mar 2017	Deficiencies eliminated 8 Mar 2017	PDF
Ä 50043669 / M3 15 Feb 2017	Ruling to eliminate deficiencies	11 Mar 2017	Deficiencies eliminated 8 Mar 2017	PDF
Ä 50043669 / 2 15 Feb 2017	Amendment entry		In force 15 Feb 2017	PDF
Ä 50043669 / M2 13 Feb 2017	Ruling to eliminate deficiencies	28 Feb 2017	Deficiencies eliminated 15 Feb 2017	PDF
Ä 50043669 / M1 9 Feb 2017	Ruling to eliminate deficiencies	11 Mar 2017	Deficiencies eliminated 8 Mar 2017	PDF
Ä 50043669 21 Dec 2016	First entry		In force 21 Dec 2016	PDF

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