Osaühing TaffMet

Active Registry code 14222508 OÜ Tartu linn Registered 16 Mar 2017

Osaühing TaffMet is a OÜ based in Tartu linn, registry code 14222508, status: active. Main activity: Machining of metals. According to EMTA, turnover for Q3 2026 was €86 330 with 4 employees.

Turnover

86 330 €

↑ 25.4% vs Q2 2026

State taxes

20 107 €

↑ 82.3% vs Q2 2026

Labour taxes

9 467 €

↑ 37.5% vs Q2 2026

Employees

−1 vs Q2 2026

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

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

Turnover · Q3 2026 86 330 €

above 58% of companies

industry median 54 051 € · companies in the industry: 1 358
Labour taxes per employee 2 367 €

above 60% of companies

industry median 1 944 € · companies in the industry: 1 121
Revenue · 2025 324 390 €

above 70% of companies

industry median 71 144 € · companies in the industry: 1 712
Net profit margin · 2025 8.5 %

above 66% of companies

industry median 3.4 % · companies in the industry: 1 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 86 330 € · +25.4% vs Q2 2026 · industry median 54 051 € · above 58% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 367 € · +71.9% vs Q2 2026 · industry median 1 944 € · above 60% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 4 · −20.0% vs Q2 2026

State taxes, € Q3 2026: 20 107 € · +82.3% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	86 330	20 107	9 467	4
Q2 2026	68 834	11 031	6 883	5
Q1 2026	64 903	12 781	7 167	3
Q4 2025	123 237	17 154	6 965	3
Q3 2025	72 717	10 859	6 996	3
Q2 2025	79 155	7 386	2 970	3
Q1 2025	65 303	—	1 830	2
Q4 2024	57 824	—	2 757	2
Q3 2024	39 078	8 273	3 119	2
Q2 2024	41 898	6 798	1 687	2
Q1 2024	37 798	7 504	2 726	2
Q4 2023	51 173	9 811	3 909	2
Q3 2023	37 965	9 853	7 921	2
Q2 2023	90 011	28 133	18 804	4
Q1 2023	88 348	13 169	11 565	4
Q4 2022	87 588	29 662	19 721	4
Q3 2022	97 873	26 602	15 407	8
Q2 2022	96 039	39 016	25 913	11
Q1 2022	77 490	24 784	20 101	11

Labour taxes per employee per month

789 €

Turnover per employee in the quarter

21 583 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2025

Revenue, € thousand 2025: 324 390 € · +83.1% vs 2024 · industry median 71 144 € · above 70% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 27 570 € · +659.3% vs 2024 · industry median 904 € · above 80% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 8.5 % · +6.4 pp vs the year before · industry median 3.4 % · above 66% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 415 084 € · −4.9% vs 2024

Equity, € thousand 2025: 153 037 € · +22.0% vs 2024

Employees 2025: 3 · +50.0% vs 2024 · industry median 3 · above 50% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (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	324 390	27 570	53 756	415 084	153 037	3
2024	177 146	3 631	27 299	436 281	125 467	2
2023	253 011	16 984	91 663	157 960	119 784	4
2022	270 418	50 646	118 369	137 832	118 800	7
2021	219 405	29 894	99 789	131 962	68 154	9
2020	48 516	29 346	3 237	41 234	38 260	1
2019	6 826	6 414	0	9 317	8 914	0
2018	—	—	—	—	—	0
2017	—	—	—	—	—	0

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

8.5 %

Net profit / revenue

Return on equity (ROE)

18.0 %

Net profit / equity

Return on assets (ROA)

6.6 %

Net profit / assets

Equity ratio

36.9 %

Equity / assets

Debt ratio

63.1 %

Liabilities / assets

Current ratio

0.25

Current assets / current liabilities

Revenue per employee

108 130 €

Revenue / average full-time employees

Labour cost per employee per month

1 493 €

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	21 Apr 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	5 Apr 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	8 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	10 Apr 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	29 Oct 2020	Company’s own	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
1	60 000 €	Maaelu Edendamise Sihtasutus	6 Jan 2025 – in force

Board

Taavi Kangro
Board member · since 16 Mar 2017
Ardi Kaljuvee
Board member · since 17 Oct 2024
Erkki Käo
Board member · since 17 Oct 2024
Lembe Paeglis
Board member · since 17 Oct 2024

Right of representation

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

Owners

Taavi Kangro
Natural person · 1 250 €

50%
Erkki Käo
Natural person · 625 €

25%
Ardi Kaljuvee
Natural person · 313 €

12.52%
Lembe Paeglis
Natural person · 312 €

12.48%

Beneficial owners

Ardi Kaljuvee
Direct ownership · since 9 Oct 2024
Erkki Käo
Direct ownership · since 9 Oct 2024
Lembe Paeglis
Direct ownership · since 9 Oct 2024
Taavi Kangro
Direct ownership · since 22 Oct 2018

Founders and other persons

Taavi Kangro
Founder · 2 500 € · 15 Mar 2017

shared board members, owners or beneficial owners

Activities (EMTAK)

25531Machining of metals Main

Rulings 19

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
K 50053180 / 13 6 Jan 2025	Commercial pledge entered		In force 6 Jan 2025	PDF
K 50053180 / M6 4 Dec 2024	Ruling to eliminate deficiencies	14 Dec 2024	Deficiencies eliminated 6 Jan 2025	PDF
Ä 50053180 / 12 17 Oct 2024	Amendment entry		In force 17 Oct 2024	PDF
Ä 50053180 / M5 11 Oct 2024	Ruling to eliminate deficiencies		Deficiencies eliminated 17 Oct 2024	PDF
Ä 50053180 / 11 2 Jan 2024	Amendment entry		In force 2 Jan 2024	PDF
Ä 50053180 / M4 18 Dec 2023	Ruling to eliminate deficiencies	2 Jan 2024	Deficiencies eliminated 2 Jan 2024	PDF
Ä 50053180 / 10 18 Dec 2023	Amendment entry		In force 18 Dec 2023	PDF
Ä 50053180 / 9 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 50053180 / 8 1 Sep 2022	Amendment under Commercial Code § 525 (2)		In force 1 Sep 2022	PDF
Ä 50053180 / 7 8 Jun 2022	Amendment entry		In force 8 Jun 2022	PDF
Ä 50053180 / 6 16 Aug 2021	Amendment entry		In force 16 Aug 2021	PDF
Ä 50053180 / 5 1 Apr 2020	Amendment entry		In force 1 Apr 2020	PDF
Ä 50053180 / M3 24 Mar 2020	Ruling to eliminate deficiencies	1 Apr 2020	Deficiencies eliminated 30 Mar 2020	PDF
Ä 50053180 / M2 6 Nov 2018	Warning of a fine: deficiencies in the annual report	6 Dec 2018	Deficiencies eliminated 19 Nov 2018	PDF
Ä 50053180 / M1 27 Apr 2018	Procedural ruling	27 May 2018	In force 27 Apr 2018	PDF
Ä 50053180 / 4 21 Jan 2018	Amendment entry		In force 21 Jan 2018	PDF
Ä 50053180 / 3 20 Dec 2017	Amendment entry		In force 20 Dec 2017	PDF
Ä 50053180 / 2 13 Dec 2017	Amendment entry		In force 13 Dec 2017	PDF
Ä 50053180 16 Mar 2017	First entry		In force 16 Mar 2017	PDF

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

Osaühing TaffMet

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 19