OÜ ETHEL Consulting

Active Registry code 14459908 OÜ Tallinn Registered 29 Mar 2018
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OÜ ETHEL Consulting is a OÜ based in Tallinn, registry code 14459908, status: active. Main activity: Business and other management consultancy activities. According to EMTA, turnover for Q3 2026 was €8 257 with employees.

Turnover
8 257 €
↓ 81.4% vs Q2 2026
State taxes
1 403 €
↓ 35.0% vs Q2 2026
Labour taxes
1 092 €
↓ 36.3% vs Q2 2026
Employees
—

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

Position in the industry Activities of head offices and management consultancy · EMTAK 70

  • Turnover · Q3 2026 8 257 €
    industry median 13 705 € · companies in the industry: 4 338
  • Revenue · 2025 124 111 €
    industry median 10 800 € · companies in the industry: 9 687
  • Net profit margin · 2025 5.8 %
    industry median 22.0 % · companies in the industry: 6 494

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 8 257 € · −81.4% vs Q2 2026 · industry median 13 705 € · above 37% of the industry
010 00020 00030 00040 00050 000Q4 2023 Company: 30 256 € Industry median: 15 091 €Q4·23Q1 2024 Company: 28 550 € Industry median: 14 762 €Q2 2024 Company: 26 633 € Industry median: 14 762 €Q2·24Q3 2024 Company: 25 590 € Industry median: 14 140 €Q4 2024 Company: 26 965 € Industry median: 15 052 €Q4·24Q1 2025 Company: 42 312 € Industry median: 14 703 €Q2 2025 Company: 36 357 € Industry median: 13 688 €Q2·25Q3 2025 Company: 25 661 € Industry median: 13 984 €Q4 2025 Company: 35 043 € Industry median: 14 505 €Q4·25Q1 2026 Company: 25 568 € Industry median: 14 237 €Q2 2026 Company: 44 333 € Industry median: 14 128 €Q2·26Q3 2026 Company: 8 257 € Industry median: 13 705 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 26 965 € Industry median: 15 052 €Q1 2025 Company: 42 312 € Industry median: 14 703 €Q1·25Q2 2025 Company: 36 357 € Industry median: 13 688 €Q3 2025 Company: 25 661 € Industry median: 13 984 €Q3·25Q4 2025 Company: 35 043 € Industry median: 14 505 €Q1 2026 Company: 25 568 € Industry median: 14 237 €Q1·26Q2 2026 Company: 44 333 € Industry median: 14 128 €Q3 2026 Company: 8 257 € Industry median: 13 705 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q1 2026: 1 794 € · −4.7% vs Q4 2025 · industry median 1 641 € · above 55% of the industry
05001 0001 5002 000Q4 2023 Company: 1 797 € Industry median: 1 639 €Q4·23Q1 2024 Company: 1 797 € Industry median: 1 650 €Q2 2024 Company: 1 797 € Industry median: 1 721 €Q2·24Q3 2024 Company: 1 797 € Industry median: 1 700 €Q4 2024 Company: 1 797 € Industry median: 1 679 €Q4·24Q1 2025 Company: 1 854 € Industry median: 1 739 €Q2 2025 Company: 1 882 € Industry median: 1 758 €Q2·25Q3 2025 Company: 1 882 € Industry median: 1 758 €Q4 2025 Company: 1 882 € Industry median: 1 758 €Q4·25Q1 2026 Company: 1 794 € Industry median: 1 641 €Q2 2026 Company: — Industry median: 1 597 €Q2·26Q3 2026 Company: — Industry median: 1 649 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 797 € Industry median: 1 679 €Q1 2025 Company: 1 854 € Industry median: 1 739 €Q1·25Q2 2025 Company: 1 882 € Industry median: 1 758 €Q3 2025 Company: 1 882 € Industry median: 1 758 €Q3·25Q4 2025 Company: 1 882 € Industry median: 1 758 €Q1 2026 Company: 1 794 € Industry median: 1 641 €Q1·26Q2 2026 Company: — Industry median: 1 597 €Q3 2026 Company: — Industry median: 1 649 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q1 2026: 1 · +0.0% vs Q4 2025
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 1 403 € · −35.0% vs Q2 2026
05001 0001 5002 0002 500Q4 2023 Company: 2 138 €Q4·23Q1 2024 Company: 1 834 €Q2 2024 Company: 2 197 €Q2·24Q3 2024 Company: 2 006 €Q4 2024 Company: 2 076 €Q4·24Q1 2025 Company: 2 058 €Q2 2025 Company: 2 201 €Q2·25Q3 2025 Company: 1 956 €Q4 2025 Company: 2 440 €Q4·25Q1 2026 Company: 1 913 €Q2 2026 Company: 2 158 €Q2·26Q3 2026 Company: 1 403 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 2 076 €Q1 2025 Company: 2 058 €Q1·25Q2 2025 Company: 2 201 €Q3 2025 Company: 1 956 €Q3·25Q4 2025 Company: 2 440 €Q1 2026 Company: 1 913 €Q1·26Q2 2026 Company: 2 158 €Q3 2026 Company: 1 403 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 8 257 1 403 1 092 —
Q2 2026 44 333 2 158 1 713 —
Q1 2026 25 568 1 913 1 794 1
Q4 2025 35 043 2 440 1 882 1
Q3 2025 25 661 1 956 1 882 1
Q2 2025 36 357 2 201 1 882 1
Q1 2025 42 312 2 058 1 854 1
Q4 2024 26 965 2 076 1 797 1
Q3 2024 25 590 2 006 1 797 1
Q2 2024 26 633 2 197 1 797 1
Q1 2024 28 550 1 834 1 797 1
Q4 2023 30 256 2 138 1 797 1
Q3 2023 25 587 1 923 1 797 1
Q2 2023 26 709 1 869 1 797 1
Q1 2023 25 194 1 945 1 855 1
Q4 2022 26 755 1 874 1 970 1
Q3 2022 26 635 1 797 1 970 1
Q2 2022 23 752 1 797 1 970 1
Q1 2022 27 728 2 679 2 746 1

Financials by year

2018 – 2025
Revenue, € thousand 2025: 124 111 € · +9.1% vs 2024 · industry median 10 800 € · above 88% of the industry
02550751001252018 Company: — Industry median: —20182019 Company: 100 515 € Industry median: 8 998 €20192020 Company: 84 660 € Industry median: 8 779 €20202021 Company: 101 310 € Industry median: 9 884 €20212022 Company: 92 292 € Industry median: 10 945 €20222023 Company: 103 173 € Industry median: 11 079 €20232024 Company: 113 764 € Industry median: 10 766 €20242025 Company: 124 111 € Industry median: 10 800 €202502550751001252018 Company: — Industry median: —2019 Company: 100 515 € Industry median: 8 998 €20192020 Company: 84 660 € Industry median: 8 779 €2021 Company: 101 310 € Industry median: 9 884 €20212022 Company: 92 292 € Industry median: 10 945 €2023 Company: 103 173 € Industry median: 11 079 €20232024 Company: 113 764 € Industry median: 10 766 €2025 Company: 124 111 € Industry median: 10 800 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 7 232 € · −91.7% vs 2024 · industry median 284 € · above 68% of the industry
020 00040 00060 00080 000100 0002018 Company: — Industry median: —20182019 Company: 26 120 € Industry median: 966 €20192020 Company: 41 273 € Industry median: 760 €20202021 Company: 5 733 € Industry median: 1 171 €20212022 Company: 2 112 € Industry median: 470 €20222023 Company: 27 382 € Industry median: 681 €20232024 Company: 86 677 € Industry median: 538 €20242025 Company: 7 232 € Industry median: 284 €2025020 00040 00060 00080 000100 0002018 Company: — Industry median: —2019 Company: 26 120 € Industry median: 966 €20192020 Company: 41 273 € Industry median: 760 €2021 Company: 5 733 € Industry median: 1 171 €20212022 Company: 2 112 € Industry median: 470 €2023 Company: 27 382 € Industry median: 681 €20232024 Company: 86 677 € Industry median: 538 €2025 Company: 7 232 € Industry median: 284 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 5.8 % · −70.4 pp vs the year before · industry median 22.0 % · above 36% of the industry
0204060802018 Company: — Industry median: —20182019 Company: 26.0 % Industry median: 31.9 %20192020 Company: 48.8 % Industry median: 32.1 %20202021 Company: 5.7 % Industry median: 35.7 %20212022 Company: 2.3 % Industry median: 27.6 %20222023 Company: 26.5 % Industry median: 28.4 %20232024 Company: 76.2 % Industry median: 25.0 %20242025 Company: 5.8 % Industry median: 22.0 %20250204060802018 Company: — Industry median: —2019 Company: 26.0 % Industry median: 31.9 %20192020 Company: 48.8 % Industry median: 32.1 %2021 Company: 5.7 % Industry median: 35.7 %20212022 Company: 2.3 % Industry median: 27.6 %2023 Company: 26.5 % Industry median: 28.4 %20232024 Company: 76.2 % Industry median: 25.0 %2025 Company: 5.8 % Industry median: 22.0 %2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 579 919 € · +22.3% vs 2024
02004006002018 Company: —20182019 Company: 28 278 €20192020 Company: 93 975 €20202021 Company: 349 257 €20212022 Company: 342 479 €20222023 Company: 359 078 €20232024 Company: 474 023 €20242025 Company: 579 919 €202502004006002018 Company: —2019 Company: 28 278 €20192020 Company: 93 975 €2021 Company: 349 257 €20212022 Company: 342 479 €2023 Company: 359 078 €20232024 Company: 474 023 €2025 Company: 579 919 €2025
Equity, € thousand 2025: 195 772 € · +3.8% vs 2024
0501001502002018 Company: —20182019 Company: 27 152 €20192020 Company: 68 425 €20202021 Company: 74 157 €20212022 Company: 76 269 €20222023 Company: 101 863 €20232024 Company: 188 540 €20242025 Company: 195 772 €20250501001502002018 Company: —2019 Company: 27 152 €20192020 Company: 68 425 €2021 Company: 74 157 €20212022 Company: 76 269 €2023 Company: 101 863 €20232024 Company: 188 540 €2025 Company: 195 772 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02018 Company: 1 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 1 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 1 Industry median: 120250.00.20.40.60.81.02018 Company: 1 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 1 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 1 Industry median: 12025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (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 124 111 7 232 19 000 579 919 195 772 1
2024 113 764 86 677 19 318 474 023 188 540 1
2023 103 173 27 382 19 929 359 078 101 863 1
2022 92 292 2 112 21 081 342 479 76 269 1
2021 101 310 5 733 30 536 349 257 74 157 0
2020 84 660 41 273 27 991 93 975 68 425 1
2019 100 515 26 120 0 28 278 27 152 0
2018 — — — — — 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
5.8 %
Net profit / revenue
Return on equity (ROE)
3.7 %
Net profit / equity
Return on assets (ROA)
1.2 %
Net profit / assets
Equity ratio
33.8 %
Equity / assets
Debt ratio
66.2 %
Liabilities / assets
Current ratio
1.40
Current assets / current liabilities
Revenue per employee
124 111 €
Revenue / average full-time employees
Labour cost per employee per month
1 583 €
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 8 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 20 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 20 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 21 Jan 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 7 Apr 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 6 Jan 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 15 Apr 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 70201Business and other management consultancy activities Main
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
Ä 50091048 / 7
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50091048 / 6
15 Nov 2021
Amendment under Commercial Code § 525 (2) In force
15 Nov 2021
PDF
Ä 50091048 / 5
11 Nov 2020
Amendment entry In force
11 Nov 2020
PDF
Ä 50091048 / 4
2 Jan 2020
Amendment entry In force
2 Jan 2020
PDF
Ä 50091048 / 3
28 Dec 2018
Amendment under Commercial Code § 525 (2) In force
28 Dec 2018
PDF
Ä 50091048 / 2
7 Dec 2018
Amendment entry In force
7 Dec 2018
PDF
Ä 50091048
29 Mar 2018
First entry In force
29 Mar 2018
PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data