Glam Ehitus OÜ

Active Registry code 14550224 OÜ Tartu linn Registered 23 Aug 2018
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Glam Ehitus OÜ is a OÜ based in Tartu linn, registry code 14550224, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €33 019 with 2 employees.

Turnover
33 019 €
↑ 62.3% vs Q2 2026
State taxes
10 698 €
↑ 51.5% vs Q2 2026
Labour taxes
6 287 €
↑ 0.1% vs Q2 2026
Employees
2
±0 vs 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 2026 33 019 €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 3 144 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 111 727 €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 7.2 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 33 019 € · +62.3% vs Q2 2026 · industry median 25 252 € · above 56% of the industry
010 00020 00030 00040 000Q4 2023 Company: 38 414 € Industry median: 26 427 €Q4·23Q1 2024 Company: 23 645 € Industry median: 19 618 €Q2 2024 Company: 31 912 € Industry median: 21 373 €Q2·24Q3 2024 Company: 27 829 € Industry median: 26 160 €Q4 2024 Company: 24 713 € Industry median: 25 496 €Q4·24Q1 2025 Company: 30 894 € Industry median: 19 568 €Q2 2025 Company: 30 717 € Industry median: 22 577 €Q2·25Q3 2025 Company: 28 666 € Industry median: 25 533 €Q4 2025 Company: 26 380 € Industry median: 25 721 €Q4·25Q1 2026 Company: 21 578 € Industry median: 20 483 €Q2 2026 Company: 20 344 € Industry median: 22 672 €Q2·26Q3 2026 Company: 33 019 € Industry median: 25 252 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 24 713 € Industry median: 25 496 €Q1 2025 Company: 30 894 € Industry median: 19 568 €Q1·25Q2 2025 Company: 30 717 € Industry median: 22 577 €Q3 2025 Company: 28 666 € Industry median: 25 533 €Q3·25Q4 2025 Company: 26 380 € Industry median: 25 721 €Q1 2026 Company: 21 578 € Industry median: 20 483 €Q1·26Q2 2026 Company: 20 344 € Industry median: 22 672 €Q3 2026 Company: 33 019 € Industry median: 25 252 €Q3·26
  • 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: 3 144 € · +0.1% vs Q2 2026 · industry median 1 211 € · above 91% of the industry
01 0002 0003 0004 000Q4 2023 Company: 3 550 € Industry median: 1 145 €Q4·23Q1 2024 Company: 3 419 € Industry median: 1 097 €Q2 2024 Company: 3 404 € Industry median: 1 083 €Q2·24Q3 2024 Company: 3 336 € Industry median: 1 142 €Q4 2024 Company: 3 615 € Industry median: 1 179 €Q4·24Q1 2025 Company: 3 873 € Industry median: 1 188 €Q2 2025 Company: 3 933 € Industry median: 1 149 €Q2·25Q3 2025 Company: 3 656 € Industry median: 1 208 €Q4 2025 Company: 3 127 € Industry median: 1 254 €Q4·25Q1 2026 Company: 2 863 € Industry median: 1 183 €Q2 2026 Company: 3 140 € Industry median: 1 166 €Q2·26Q3 2026 Company: 3 144 € Industry median: 1 211 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 615 € Industry median: 1 179 €Q1 2025 Company: 3 873 € Industry median: 1 188 €Q1·25Q2 2025 Company: 3 933 € Industry median: 1 149 €Q3 2025 Company: 3 656 € Industry median: 1 208 €Q3·25Q4 2025 Company: 3 127 € Industry median: 1 254 €Q1 2026 Company: 2 863 € Industry median: 1 183 €Q1·26Q2 2026 Company: 3 140 € Industry median: 1 166 €Q3 2026 Company: 3 144 € Industry median: 1 211 €Q3·26
  • 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.

Employees Q3 2026: 2 · +0.0% vs Q2 2026
0.00.51.01.52.0Q4 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: 2Q4 2025 Company: 2Q4·25Q1 2026 Company: 2Q2 2026 Company: 2Q2·26Q3 2026 Company: 2Q3·260.00.51.01.52.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 2Q3·25Q4 2025 Company: 2Q1 2026 Company: 2Q1·26Q2 2026 Company: 2Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 10 698 € · +51.5% vs Q2 2026
02 5005 0007 50010 00012 500Q4 2023 Company: 4 980 €Q4·23Q1 2024 Company: 5 762 €Q2 2024 Company: 6 186 €Q2·24Q3 2024 Company: 7 184 €Q4 2024 Company: 6 292 €Q4·24Q1 2025 Company: 9 168 €Q2 2025 Company: 7 378 €Q2·25Q3 2025 Company: 10 973 €Q4 2025 Company: 10 266 €Q4·25Q1 2026 Company: 7 876 €Q2 2026 Company: 7 062 €Q2·26Q3 2026 Company: 10 698 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 6 292 €Q1 2025 Company: 9 168 €Q1·25Q2 2025 Company: 7 378 €Q3 2025 Company: 10 973 €Q3·25Q4 2025 Company: 10 266 €Q1 2026 Company: 7 876 €Q1·26Q2 2026 Company: 7 062 €Q3 2026 Company: 10 698 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 33 019 10 698 6 287 2
Q2 2026 20 344 7 062 6 279 2
Q1 2026 21 578 7 876 5 725 2
Q4 2025 26 380 10 266 6 254 2
Q3 2025 28 666 10 973 7 311 2
Q2 2025 30 717 7 378 3 933 1
Q1 2025 30 894 9 168 3 873 1
Q4 2024 24 713 6 292 3 615 1
Q3 2024 27 829 7 184 3 336 1
Q2 2024 31 912 6 186 3 404 1
Q1 2024 23 645 5 762 3 419 1
Q4 2023 38 414 4 980 3 550 1
Q3 2023 40 044 7 340 3 491 1
Q2 2023 19 458 3 667 3 489 1
Q1 2023 11 918 4 881 3 626 1
Q4 2022 29 854 7 926 3 581 1
Q3 2022 15 429 5 611 3 887 1
Q2 2022 20 785 5 069 3 302 1
Q1 2022 16 727 5 024 3 024 1
Labour taxes per employee per month
1 048 €
Turnover per employee in the quarter
16 510 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025
Revenue, € thousand 2025: 111 727 € · +1.5% vs 2024 · industry median 38 239 € · above 70% of the industry
0501001502002502019 Company: 204 620 € Industry median: 38 887 €20192020 Company: 35 935 € Industry median: 35 421 €20202021 Company: 58 684 € Industry median: 38 300 €20212022 Company: 86 529 € Industry median: 39 550 €20222023 Company: 107 572 € Industry median: 37 270 €20232024 Company: 110 090 € Industry median: 37 693 €20242025 Company: 111 727 € Industry median: 38 239 €20250501001502002502019 Company: 204 620 € Industry median: 38 887 €20192020 Company: 35 935 € Industry median: 35 421 €2021 Company: 58 684 € Industry median: 38 300 €20212022 Company: 86 529 € Industry median: 39 550 €2023 Company: 107 572 € Industry median: 37 270 €20232024 Company: 110 090 € Industry median: 37 693 €2025 Company: 111 727 € Industry median: 38 239 €2025
  • 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: 8 077 € · −26.5% vs 2024 · industry median 411 € · above 73% of the industry
05 00010 00015 00020 00025 0002019 Company: 21 004 € Industry median: 643 €20192020 Company: 4 240 € Industry median: 281 €20202021 Company: 6 027 € Industry median: 315 €20212022 Company: 11 248 € Industry median: 398 €20222023 Company: 6 795 € Industry median: 253 €20232024 Company: 10 988 € Industry median: 108 €20242025 Company: 8 077 € Industry median: 411 €202505 00010 00015 00020 00025 0002019 Company: 21 004 € Industry median: 643 €20192020 Company: 4 240 € Industry median: 281 €2021 Company: 6 027 € Industry median: 315 €20212022 Company: 11 248 € Industry median: 398 €2023 Company: 6 795 € Industry median: 253 €20232024 Company: 10 988 € Industry median: 108 €2025 Company: 8 077 € Industry median: 411 €2025
  • 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: 7.2 % · −2.8 pp vs the year before · industry median 3.5 % · above 60% of the industry
0510152019 Company: 10.3 % Industry median: 4.5 %20192020 Company: 11.8 % Industry median: 4.0 %20202021 Company: 10.3 % Industry median: 3.8 %20212022 Company: 13.0 % Industry median: 3.9 %20222023 Company: 6.3 % Industry median: 3.9 %20232024 Company: 10.0 % Industry median: 2.8 %20242025 Company: 7.2 % Industry median: 3.5 %20250510152019 Company: 10.3 % Industry median: 4.5 %20192020 Company: 11.8 % Industry median: 4.0 %2021 Company: 10.3 % Industry median: 3.8 %20212022 Company: 13.0 % Industry median: 3.9 %2023 Company: 6.3 % Industry median: 3.9 %20232024 Company: 10.0 % Industry median: 2.8 %2025 Company: 7.2 % Industry median: 3.5 %2025
  • 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: 106 497 € · +4.6% vs 2024
02550751001252019 Company: 29 315 €20192020 Company: 33 164 €20202021 Company: 58 327 €20212022 Company: 69 132 €20222023 Company: 92 914 €20232024 Company: 101 801 €20242025 Company: 106 497 €202502550751001252019 Company: 29 315 €20192020 Company: 33 164 €2021 Company: 58 327 €20212022 Company: 69 132 €2023 Company: 92 914 €20232024 Company: 101 801 €2025 Company: 106 497 €2025
Equity, € 2025: 71 854 € · +12.7% vs 2024
020 00040 00060 00080 0002019 Company: 24 689 €20192020 Company: 28 929 €20202021 Company: 34 955 €20212022 Company: 46 202 €20222023 Company: 52 789 €20232024 Company: 63 777 €20242025 Company: 71 854 €2025020 00040 00060 00080 0002019 Company: 24 689 €20192020 Company: 28 929 €2021 Company: 34 955 €20212022 Company: 46 202 €2023 Company: 52 789 €20232024 Company: 63 777 €2025 Company: 71 854 €2025
Employees 2025: 2 · +0.0% vs 2024 · industry median 2 · above 50% of the industry
0.00.51.01.52.02019 Company: 1 Industry median: 220192020 Company: 2 Industry median: 220202021 Company: 2 Industry median: 220212022 Company: 2 Industry median: 220222023 Company: 2 Industry median: 220232024 Company: 2 Industry median: 220242025 Company: 2 Industry median: 220250.00.51.01.52.02019 Company: 1 Industry median: 220192020 Company: 2 Industry median: 22021 Company: 2 Industry median: 220212022 Company: 2 Industry median: 22023 Company: 2 Industry median: 220232024 Company: 2 Industry median: 22025 Company: 2 Industry median: 22025
  • 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 111 727 8 077 55 143 106 497 71 854 2
2024 110 090 10 988 39 590 101 801 63 777 2
2023 107 572 6 795 39 559 92 914 52 789 2
2022 86 529 11 248 38 547 69 132 46 202 2
2021 58 684 6 027 27 400 58 327 34 955 2
2020 35 935 4 240 13 042 33 164 28 929 2
2019 204 620 21 004 8 992 29 315 24 689 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
7.2 %
Net profit / revenue
Return on equity (ROE)
11.2 %
Net profit / equity
Return on assets (ROA)
7.6 %
Net profit / assets
Equity ratio
67.5 %
Equity / assets
Debt ratio
32.5 %
Liabilities / assets
Current ratio
2.12
Current assets / current liabilities
Revenue per employee
55 864 €
Revenue / average full-time employees
Labour cost per employee per month
2 298 €
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 16 Jun 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 29 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 29 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 16 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 27 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 31 Oct 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

Beneficial owners

  • Andrus Narits
    Member of a senior management body (management or supervisory board) · since 25 Oct 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50100820 / 3
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50100820 / 2
21 Oct 2019
Amendment entry In force
21 Oct 2019
PDF
Ä 50100820
23 Aug 2018
First entry In force
23 Aug 2018
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data