HOVOLD Group OÜ is a OÜ based in Pärnu linn, registry code 14495560, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €162 646 with 7 employees.
Turnover
162 646 €
↑ 70.7%vs Q2 2026
State taxes
38 689 €
↑ 81.5%vs Q2 2026
Labour taxes
15 309 €
↑ 58.2%vs Q2 2026
Employees
7
−3vs 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 2026162 646 €
above 85% of companies
industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee2 187 €
above 80% of companies
industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025249 757 €
above 81% of companies
industry median 38 239 € · companies in the industry: 6 999
Net profit margin · 202532.5 %
above 87% of companies
industry median 3.5 % · companies in the industry: 5 561
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 162 646 € · +70.7% vs Q2 2026 · industry median 25 252 € · above 85% 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: 2 187 € · +126.0% vs Q2 2026 · industry median 1 211 € · above 80% 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: 7 · −30.0% vs Q2 2026State taxes, € Q3 2026: 38 689 € · +81.5% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
162 646
38 689
15 309
7
Q2 2026
95 290
21 314
9 677
10
Q1 2026
58 307
17 048
7 201
6
Q4 2025
54 964
12 290
3 949
6
Q3 2025
50 349
15 915
8 490
4
Q2 2025
89 979
14 604
6 227
4
Q1 2025
81 547
20 890
6 229
3
Q4 2024
63 781
17 177
5 013
4
Q3 2024
63 165
8 449
4 691
4
Q2 2024
20 730
4 500
2 557
4
Q1 2024
15 503
5 136
2 323
3
Q4 2023
35 415
7 717
3 240
3
Q3 2023
69 053
13 143
4 246
3
Q2 2023
43 480
11 271
4 755
3
Q1 2023
24 685
6 053
2 573
3
Q4 2022
7 521
13 193
3 472
3
Q3 2022
100 979
14 138
6 888
3
Q2 2022
90 913
17 689
8 407
5
Q1 2022
68 739
8 719
6 064
3
Labour taxes per employee per month
729 €
Turnover per employee in the quarter
23 235 €
Q3 2026 · calculated from EMTA data
Financials by year
2018 – 2025
Revenue, € thousand 2025: 249 757 € · +44.6% vs 2024 · industry median 38 239 € · above 81% 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, € 2025: 81 047 € · +147.3% vs 2024 · industry median 411 € · 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.
Net profit margin, % 2025: 32.5 % · +13.5 pp vs the year before · industry median 3.5 % · above 87% 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: 437 634 € · +20.5% vs 2024Equity, € thousand 2025: 414 527 € · +24.3% vs 2024Employees2025: 4 · +33.3% vs 2024 · industry median 2 · 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.
Financials by year
Year
Revenue, €
Net profit, €
Labour costs, €
Assets, €
Equity, €
Employees
2025
249 757
81 047
69 351
437 634
414 527
4
2024
172 674
32 775
44 143
363 172
333 480
3
2023
177 896
85 498
42 293
308 105
300 705
3
2022
249 352
75 000
56 975
226 783
215 207
3
2021
441 160
57 635
82 770
184 926
142 707
4
2020
241 257
25 294
32 126
108 528
85 072
2
2019
310 726
54 406
38 084
72 996
59 778
2
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
32.5 %
Net profit / revenue
Return on equity (ROE)
19.6 %
Net profit / equity
Return on assets (ROA)
18.5 %
Net profit / assets
Equity ratio
94.7 %
Equity / assets
Debt ratio
5.3 %
Liabilities / assets
Current ratio
18.94
Current assets / current liabilities
Revenue per employee
62 439 €
Revenue / average full-time employees
Labour cost per employee per month
1 445 €
Labour costs / employees / 12 months (incl. employer taxes)
