VELSI Service OÜ is a OÜ based in Voka alevik, registry code 14551732, status: active. Main activity: Electrical installation work. According to EMTA, turnover for Q3 2026 was €49 010 with 2 employees.
Turnover
49 010 €
↑ 68.5%vs Q2 2026
State taxes
5 535 €
↑ 2.2%vs Q2 2026
Labour taxes
2 188 €
↓ 17.0%vs Q2 2026
Employees
2
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 202649 010 €
above 70% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee1 094 €
above 37% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025109 218 €
above 73% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 2025-20.0 %
above 10% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 49 010 € · +68.5% vs Q2 2026 · industry median 23 017 € · above 70% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 094 € · −17.0% vs Q2 2026 · industry median 1 236 € · above 37% of the industry
Company
Industry median
Industry: Specialised construction activities (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: 5 535 € · +2.2% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
49 010
5 535
2 188
2
Q2 2026
29 085
5 418
2 637
2
Q1 2026
19 296
5 382
2 764
2
Q4 2025
54 008
7 250
3 917
2
Q3 2025
16 961
4 121
3 181
2
Q2 2025
11 943
4 580
3 116
2
Q1 2025
86 106
11 694
3 440
2
Q4 2024
19 650
4 847
2 980
2
Q3 2024
47 515
7 136
2 419
2
Q2 2024
67 176
3 329
987
2
Q1 2024
22 369
4 268
1 620
2
Q4 2023
57 232
3 195
1 591
2
Q3 2023
24 191
3 427
1 451
2
Q2 2023
21 282
3 144
1 103
2
Q1 2023
19 072
2 721
1 021
2
Q4 2022
21 080
3 294
1 308
5
Q3 2022
11 725
1 322
797
6
Q2 2022
26 495
4 411
1 750
5
Q1 2022
11 318
2 363
2 179
5
Labour taxes per employee per month
365 €
Turnover per employee in the quarter
24 505 €
Q3 2026 · calculated from EMTA data
Financials by year
2019 – 2025
Revenue, € thousand 2025: 109 218 € · −50.2% vs 2024 · industry median 37 328 € · above 73% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -21 879 € · −170.3% vs 2024 · industry median 561 € · above 2% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -20.0 % · −34.2 pp vs the year before · industry median 3.9 % · above 10% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 70 643 € · −49.5% vs 2024Equity, € 2025: 31 632 € · −40.9% vs 2024Employees2025: 2 · +0.0% vs 2024 · industry median 1 · above 55% of the industry
Company
Industry median
Industry: Specialised construction activities (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
109 218
-21 879
34 799
70 643
31 632
2
2024
219 250
31 141
34 259
139 860
53 512
2
2023
125 813
1 100
24 668
74 520
22 372
2
2022
68 039
-4 593
19 066
74 017
21 272
2
2021
99 046
10 596
17 744
86 749
25 865
3
2020
56 247
7 385
18 786
15 324
12 769
3
2019
30 123
5 384
12 854
8 409
5 384
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
-20.0 %
Net profit / revenue
Return on equity (ROE)
-69.2 %
Net profit / equity
Return on assets (ROA)
-31.0 %
Net profit / assets
Equity ratio
44.8 %
Equity / assets
Debt ratio
55.2 %
Liabilities / assets
Current ratio
0.85
Current assets / current liabilities
Revenue per employee
54 609 €
Revenue / average full-time employees
Labour cost per employee per month
1 450 €
Labour costs / employees / 12 months (incl. employer taxes)
