Mudel Projekt OÜ is a OÜ based in Tallinn, registry code 14587865, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €58 005 with 3 employees.
Turnover
58 005 €
↓ 56.0%vs Q2 2026
State taxes
6 973 €
↓ 33.3%vs Q2 2026
Labour taxes
2 949 €
↑ 4.9%vs Q2 2026
Employees
3
±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 202658 005 €
above 68% of companies
industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee983 €
above 33% of companies
industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025255 622 €
above 81% of companies
industry median 38 239 € · companies in the industry: 6 999
Net profit margin · 20250.9 %
above 38% of companies
industry median 3.5 % · companies in the industry: 5 561
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 58 005 € · −56.0% vs Q2 2026 · industry median 25 252 € · above 68% 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: 983 € · +4.9% vs Q2 2026 · industry median 1 211 € · above 33% 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: 3 · +0.0% vs Q2 2026State taxes, € Q3 2026: 6 973 € · −33.3% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
58 005
6 973
2 949
3
Q2 2026
131 902
10 455
2 811
3
Q1 2026
101 227
5 115
1 878
2
Q4 2025
131 400
11 055
1 982
1
Q3 2025
49 619
3 197
1 500
1
Q2 2025
78 876
8 539
1 200
1
Q1 2025
53 730
2 477
1 412
1
Q4 2024
25 633
2 723
1 673
1
Q3 2024
36 072
3 333
1 488
1
Q2 2024
19 984
2 313
1 370
1
Q1 2024
32 765
4 813
1 140
1
Q4 2023
40 704
2 971
1 166
1
Q3 2023
47 921
4 664
2 063
1
Q2 2023
146 778
3 385
2 574
1
Q1 2023
231 207
18 800
1 353
3
Q4 2022
63 503
6 593
1 518
1
Q3 2022
76 065
6 330
1 545
1
Q2 2022
17 632
3 876
1 247
1
Q1 2022
8 790
1 315
627
1
Labour taxes per employee per month
328 €
Turnover per employee in the quarter
19 335 €
Q3 2026 · calculated from EMTA data
Financials by year
2019 – 2025
Revenue, € thousand 2025: 255 622 € · +91.4% 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: 2 237 € · −65.5% vs 2024 · industry median 411 € · above 60% 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: 0.9 % · −4.0 pp vs the year before · industry median 3.5 % · above 38% 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: 89 466 € · +16.3% vs 2024Equity, € 2025: 42 527 € · +5.6% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% 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
255 622
2 237
17 881
89 466
42 527
1
2024
133 535
6 488
17 444
76 896
40 290
1
2023
437 432
3 504
22 154
56 236
33 802
1
2022
157 866
27 762
15 855
56 904
30 324
1
2021
61 232
-5 329
12 782
28 727
2 562
1
2020
423 786
601
13 903
54 953
7 891
1
2019
253 854
4 790
20 671
37 221
7 290
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
0.9 %
Net profit / revenue
Return on equity (ROE)
5.3 %
Net profit / equity
Return on assets (ROA)
2.5 %
Net profit / assets
Equity ratio
47.5 %
Equity / assets
Debt ratio
52.5 %
Liabilities / assets
Current ratio
2.24
Current assets / current liabilities
Revenue per employee
256 360 €
Revenue / average full-time employees
Labour cost per employee per month
1 490 €
Labour costs / employees / 12 months (incl. employer taxes)
