OÜ Refnar is a OÜ based in Tartu linn, registry code 14527337, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €36 710 with 2 employees.
Turnover
36 710 €
↑ 134.2%vs Q2 2026
State taxes
5 893 €
↑ 83.5%vs Q2 2026
Labour taxes
2 046 €
↑ 66.7%vs Q2 2026
Employees
2
±0vs 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 202636 710 €
above 58% of companies
industry median 25 270 € · companies in the industry: 4 697
Labour taxes per employee1 023 €
above 35% of companies
industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025170 831 €
above 76% of companies
industry median 38 239 € · companies in the industry: 7 001
Net profit margin · 202515.3 %
above 74% of companies
industry median 3.5 % · companies in the industry: 5 562
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 36 710 € · +134.2% vs Q2 2026 · industry median 25 270 € · above 58% 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: 1 023 € · +66.7% vs Q2 2026 · industry median 1 211 € · above 35% 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: 2 · +0.0% vs Q2 2026State taxes, € Q3 2026: 5 893 € · +83.5% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
36 710
5 893
2 046
2
Q2 2026
15 673
3 211
1 227
2
Q1 2026
22 623
2 824
1 865
2
Q4 2025
40 238
9 356
1 602
2
Q3 2025
45 591
3 260
1 717
2
Q2 2025
45 731
6 049
2 795
2
Q1 2025
42 368
8 844
4 545
3
Q4 2024
34 202
8 098
4 691
3
Q3 2024
—
4 168
4 482
4
Q2 2024
—
5 469
5 889
3
Q1 2024
—
2 406
2 599
3
Q4 2023
—
2 824
3 054
3
Q3 2023
—
3 464
3 755
2
Q2 2023
—
2 885
3 138
3
Q1 2023
—
3 547
3 828
3
Q4 2022
—
3 629
3 903
3
Q3 2022
—
3 412
3 682
3
Q2 2022
—
1 223
1 371
3
Q1 2022
—
788
887
1
Labour taxes per employee per month
341 €
Turnover per employee in the quarter
18 355 €
Q3 2026 · calculated from EMTA data
Financials by year
2018 – 2025
Revenue, € thousand 2025: 170 831 € · +98.5% vs 2024 · industry median 38 239 € · 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.
Net profit, € 2025: 26 131 € · +1 813.0% vs 2024 · industry median 409 € · above 86% 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: 15.3 % · +13.7 pp vs the year before · industry median 3.5 % · above 74% 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, € 2025: 30 610 € · +275.4% vs 2024Equity, € 2025: 26 238 € · +24 421.5% vs 2024Employees2025: 2 · −33.3% vs 2024 · industry median 2 · above 50% 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
170 831
26 131
25 235
30 610
26 238
2
2024
86 040
1 366
53 401
8 153
107
3
2023
39 910
-1 398
42 799
9 785
-1 259
3
2022
39 624
-5 214
34 764
8 968
139
3
2021
14 820
6 449
4 558
8 346
5 353
1
2020
13 638
-474
9 377
242
-1 096
1
2019
20 555
-1 169
15 229
306
-623
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
15.3 %
Net profit / revenue
Return on equity (ROE)
99.6 %
Net profit / equity
Return on assets (ROA)
85.4 %
Net profit / assets
Equity ratio
85.7 %
Equity / assets
Debt ratio
14.3 %
Liabilities / assets
Current ratio
5.75
Current assets / current liabilities
Revenue per employee
85 416 €
Revenue / average full-time employees
Labour cost per employee per month
1 051 €
Labour costs / employees / 12 months (incl. employer taxes)
