Tornel OÜ is a OÜ based in Tartu linn, registry code 14204976, status: active. Main activity: Plumbing, heat and air-conditioning installation. According to EMTA, turnover for Q3 2026 was €22 758 with 2 employees.
Turnover
22 758 €
↓ 13.9%vs Q2 2026
State taxes
3 303 €
↑ 9.8%vs Q2 2026
Labour taxes
1 703 €
↑ 4.5%vs Q2 2026
Employees
2
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 202622 758 €
above 50% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee852 €
above 24% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 202594 587 €
above 70% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 2025-1.8 %
above 26% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 22 758 € · −13.9% vs Q2 2026 · industry median 23 017 € · above 50% 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: 852 € · +4.5% vs Q2 2026 · industry median 1 236 € · above 24% 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: 2 · +0.0% vs Q2 2026State taxes, € Q3 2026: 3 303 € · +9.8% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
22 758
3 303
1 703
2
Q2 2026
26 424
3 007
1 629
2
Q1 2026
30 685
5 973
1 522
2
Q4 2025
28 455
3 438
1 606
2
Q3 2025
20 162
4 136
1 606
2
Q2 2025
14 504
1 515
1 606
2
Q1 2025
22 704
8 133
1 500
2
Q4 2024
47 656
2 440
1 286
2
Q3 2024
18 062
2 799
1 286
2
Q2 2024
21 021
2 226
1 286
2
Q1 2024
14 103
2 714
1 286
2
Q4 2023
31 591
3 742
1 033
2
Q3 2023
20 181
2 296
1 033
2
Q2 2023
18 089
1 350
1 033
2
Q1 2023
12 056
1 381
1 038
2
Q4 2022
39 223
3 962
1 046
2
Q3 2022
29 597
2 855
894
2
Q2 2022
20 859
1 305
1 046
2
Q1 2022
25 868
2 757
981
2
Labour taxes per employee per month
284 €
Turnover per employee in the quarter
11 379 €
Q3 2026 · calculated from EMTA data
Financials by year
2017 – 2025
Revenue, € thousand 2025: 94 587 € · +1.5% vs 2024 · industry median 37 328 € · above 70% 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: -1 690 € · −117.1% vs 2024 · industry median 561 € · above 20% 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: -1.8 % · −12.4 pp vs the year before · industry median 3.9 % · above 26% 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: 34 344 € · −12.8% vs 2024Equity, € 2025: 28 042 € · −5.7% vs 2024Employees2025: 2 · +0.0% vs 2024 · industry median 1 · above 55% 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
94 587
-1 690
25 204
34 344
28 042
2
2024
93 208
9 864
23 461
39 385
29 732
2
2023
81 166
-5 728
20 922
22 982
19 868
2
2022
111 486
8 046
17 423
28 659
25 512
2
2021
75 119
4 181
16 615
21 515
17 466
2
2020
70 016
-1 632
16 523
15 771
13 286
2
2019
57 234
6 167
17 370
17 067
15 047
2
2018
—
—
—
—
—
2
2017
—
—
—
—
—
2
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
-1.8 %
Net profit / revenue
Return on equity (ROE)
-6.0 %
Net profit / equity
Return on assets (ROA)
-4.9 %
Net profit / assets
Equity ratio
81.7 %
Equity / assets
Debt ratio
18.3 %
Liabilities / assets
Current ratio
5.43
Current assets / current liabilities
Revenue per employee
47 294 €
Revenue / average full-time employees
Labour cost per employee per month
1 050 €
Labour costs / employees / 12 months (incl. employer taxes)
