PP2 Element OÜ is a OÜ based in Reola küla, registry code 14434618, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €700 304 with 18 employees.
Turnover
700 304 €
↑ 22.1%vs Q2 2026
State taxes
75 767 €
↑ 39.9%vs Q2 2026
Labour taxes
35 727 €
↑ 25.3%vs Q2 2026
Employees
18
−2vs 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 2026700 304 €
above 98% of companies
industry median 25 270 € · companies in the industry: 4 697
Labour taxes per employee1 985 €
above 76% of companies
industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025743 017 €
above 92% of companies
industry median 38 239 € · companies in the industry: 7 001
Net profit margin · 20251.3 %
above 40% of companies
industry median 3.5 % · companies in the industry: 5 562
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 700 304 € · +22.1% vs Q2 2026 · industry median 25 270 € · above 98% 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.
Labour taxes per employee, € Q3 2026: 1 985 € · +39.2% vs Q2 2026 · industry median 1 211 € · above 76% 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.
EmployeesQ3 2026: 18 · −10.0% vs Q2 2026State taxes, € Q3 2026: 75 767 € · +39.9% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
700 304
75 767
35 727
18
Q2 2026
573 323
54 151
28 517
20
Q1 2026
582 699
61 990
28 613
16
Q4 2025
189 277
33 003
28 527
11
Q3 2025
102 167
35 417
28 091
9
Q2 2025
115 610
24 364
26 239
13
Q1 2025
67 038
25 218
27 298
12
Q4 2024
232 483
21 935
23 566
14
Q3 2024
228 323
26 611
25 679
13
Q2 2024
112 594
23 455
25 225
12
Q1 2024
170 488
12 899
14 921
9
Q4 2023
289 088
36 180
38 046
12
Q3 2023
345 060
59 441
47 472
11
Q2 2023
182 464
51 005
54 376
12
Q1 2023
453 894
38 256
42 465
18
Q4 2022
317 867
84 503
91 691
38
Q3 2022
422 784
46 701
50 782
38
Q2 2022
245 498
27 504
29 806
25
Q1 2022
299 852
12 068
13 028
17
Labour taxes per employee per month
662 €
Turnover per employee in the quarter
38 906 €
Q3 2026 · calculated from EMTA data
Financials by year
2018 – 2025
Revenue, € thousand 2025: 743 017 € · +8.6% vs 2024 · industry median 38 239 € · above 92% 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, € thousand 2025: 9 382 € · +109.6% vs 2024 · industry median 409 € · above 75% 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: 1.3 % · +15.5 pp vs the year before · industry median 3.5 % · above 40% 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, € thousand 2025: 564 456 € · +43.9% vs 2024Equity, € thousand 2025: 14 054 € · +200.8% vs 2024Employees2025: 12 · +0.0% vs 2024 · industry median 2 · above 95% 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
743 017
9 382
240 712
564 456
14 054
12
2024
684 351
-97 283
243 998
392 244
4 672
12
2023
1 216 730
72 163
403 126
417 137
101 958
15
2022
1 219 225
-172 406
753 173
354 034
39 018
23
2021
195 866
-16 623
2 429
288 763
211 424
1
2020
307 902
227 878
0
316 342
228 046
0
2019
200
168
0
168
168
0
2018
—
—
—
—
—
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
1.3 %
Net profit / revenue
Return on equity (ROE)
66.8 %
Net profit / equity
Return on assets (ROA)
1.7 %
Net profit / assets
Equity ratio
2.5 %
Equity / assets
Debt ratio
97.5 %
Liabilities / assets
Current ratio
1.30
Current assets / current liabilities
Revenue per employee
61 918 €
Revenue / average full-time employees
Labour cost per employee per month
1 672 €
Labour costs / employees / 12 months (incl. employer taxes)
