Varmekon Grupp OÜ

Active Registry code 14594049 OÜ Tallinn Registered 25 Oct 2018
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Varmekon Grupp OÜ is a OÜ based in Tallinn, registry code 14594049, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €957 754 with 3 employees.

Turnover
957 754 €
↑ 3 548.9% vs Q2 2026
State taxes
3 752 €
Labour taxes
2 932 €
Employees
3

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 957 754 €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 977 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 489 282 €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 12.1 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 957 754 € · +3 548.9% vs Q2 2026 · industry median 25 252 € · above 98% of the industry
02004006008001 000Q4 2023 Company: 25 136 € Industry median: 26 427 €Q4·23Q1 2024 Company: 0 € Industry median: 19 618 €Q2 2024 Company: 0 € Industry median: 21 373 €Q2·24Q3 2024 Company: 0 € Industry median: 26 160 €Q4 2024 Company: 80 282 € Industry median: 25 496 €Q4·24Q1 2025 Company: 0 € Industry median: 19 568 €Q2 2025 Company: 138 607 € Industry median: 22 577 €Q2·25Q3 2025 Company: 31 830 € Industry median: 25 533 €Q4 2025 Company: 106 708 € Industry median: 25 721 €Q4·25Q1 2026 Company: 222 271 € Industry median: 20 483 €Q2 2026 Company: 26 248 € Industry median: 22 672 €Q2·26Q3 2026 Company: 957 754 € Industry median: 25 252 €Q3·2602004006008001 000Q4 2024 Company: 80 282 € Industry median: 25 496 €Q1 2025 Company: 0 € Industry median: 19 568 €Q1·25Q2 2025 Company: 138 607 € Industry median: 22 577 €Q3 2025 Company: 31 830 € Industry median: 25 533 €Q3·25Q4 2025 Company: 106 708 € Industry median: 25 721 €Q1 2026 Company: 222 271 € Industry median: 20 483 €Q1·26Q2 2026 Company: 26 248 € Industry median: 22 672 €Q3 2026 Company: 957 754 € 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: 977 € · industry median 1 211 € · above 33% of the industry
05001 0001 500Q4 2023 Company: — Industry median: 1 145 €Q4·23Q1 2024 Company: — Industry median: 1 097 €Q2 2024 Company: — Industry median: 1 083 €Q2·24Q3 2024 Company: — Industry median: 1 142 €Q4 2024 Company: — Industry median: 1 179 €Q4·24Q1 2025 Company: — Industry median: 1 188 €Q2 2025 Company: — Industry median: 1 149 €Q2·25Q3 2025 Company: — Industry median: 1 208 €Q4 2025 Company: — Industry median: 1 254 €Q4·25Q1 2026 Company: — Industry median: 1 183 €Q2 2026 Company: — Industry median: 1 166 €Q2·26Q3 2026 Company: 977 € Industry median: 1 211 €Q3·2605001 0001 500Q4 2024 Company: — Industry median: 1 179 €Q1 2025 Company: — Industry median: 1 188 €Q1·25Q2 2025 Company: — Industry median: 1 149 €Q3 2025 Company: — Industry median: 1 208 €Q3·25Q4 2025 Company: — Industry median: 1 254 €Q1 2026 Company: — Industry median: 1 183 €Q1·26Q2 2026 Company: — Industry median: 1 166 €Q3 2026 Company: 977 € 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: 3
0123Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 2024 Company: —Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: 3Q3·260123Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: —Q3 2026 Company: 3Q3·26
State taxes, € Q3 2026: 3 752 €
01 0002 0003 0004 000Q4 2023 Company: —Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 568 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 3 752 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 568 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 3 752 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 957 754 3 752 2 932 3
Q2 2026 26 248 — — —
Q1 2026 222 271 — — —
Q4 2025 106 708 568 — —
Q3 2025 31 830 — — —
Q2 2025 138 607 — — —
Q1 2025 — — — —
Q4 2024 80 282 — — —
Q3 2024 — — — —
Q2 2024 — — — —
Q1 2024 — — — —
Q4 2023 25 136 — — —
Q3 2023 441 898 — — —
Q2 2023 74 427 — — 1
Q1 2023 7 974 — — 1
Q4 2022 506 180 92 083 — 1
Q3 2022 62 559 — — 1
Q2 2022 — — — 1
Q1 2022 142 869 — — 1
Labour taxes per employee per month
326 €
Turnover per employee in the quarter
319 251 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025
Revenue, € thousand 2025: 489 282 € · +167.2% vs 2024 · industry median 38 239 € · above 89% of the industry
01002003004005002019 Company: 416 101 € Industry median: 38 887 €20192020 Company: 491 282 € Industry median: 35 421 €20202021 Company: 459 147 € Industry median: 38 300 €20212022 Company: 102 778 € Industry median: 39 550 €20222023 Company: 336 461 € Industry median: 37 270 €20232024 Company: 183 082 € Industry median: 37 693 €20242025 Company: 489 282 € Industry median: 38 239 €202501002003004005002019 Company: 416 101 € Industry median: 38 887 €20192020 Company: 491 282 € Industry median: 35 421 €2021 Company: 459 147 € Industry median: 38 300 €20212022 Company: 102 778 € Industry median: 39 550 €2023 Company: 336 461 € Industry median: 37 270 €20232024 Company: 183 082 € Industry median: 37 693 €2025 Company: 489 282 € 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, € thousand 2025: 58 995 € · +9.5% vs 2024 · industry median 411 € · above 93% of the industry
01002003004002019 Company: 40 941 € Industry median: 643 €20192020 Company: 244 486 € Industry median: 281 €20202021 Company: 305 836 € Industry median: 315 €20212022 Company: 63 054 € Industry median: 398 €20222023 Company: 192 070 € Industry median: 253 €20232024 Company: 53 900 € Industry median: 108 €20242025 Company: 58 995 € Industry median: 411 €202501002003004002019 Company: 40 941 € Industry median: 643 €20192020 Company: 244 486 € Industry median: 281 €2021 Company: 305 836 € Industry median: 315 €20212022 Company: 63 054 € Industry median: 398 €2023 Company: 192 070 € Industry median: 253 €20232024 Company: 53 900 € Industry median: 108 €2025 Company: 58 995 € 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: 12.1 % · −17.4 pp vs the year before · industry median 3.5 % · above 69% of the industry
0204060802019 Company: 9.8 % Industry median: 4.5 %20192020 Company: 49.8 % Industry median: 4.0 %20202021 Company: 66.6 % Industry median: 3.8 %20212022 Company: 61.3 % Industry median: 3.9 %20222023 Company: 57.1 % Industry median: 3.9 %20232024 Company: 29.4 % Industry median: 2.8 %20242025 Company: 12.1 % Industry median: 3.5 %20250204060802019 Company: 9.8 % Industry median: 4.5 %20192020 Company: 49.8 % Industry median: 4.0 %2021 Company: 66.6 % Industry median: 3.8 %20212022 Company: 61.3 % Industry median: 3.9 %2023 Company: 57.1 % Industry median: 3.9 %20232024 Company: 29.4 % Industry median: 2.8 %2025 Company: 12.1 % 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: 978 685 € · +9.9% vs 2024
02004006008001 0002019 Company: 55 282 €20192020 Company: 262 927 €20202021 Company: 619 100 €20212022 Company: 713 804 €20222023 Company: 861 780 €20232024 Company: 890 361 €20242025 Company: 978 685 €202502004006008001 0002019 Company: 55 282 €20192020 Company: 262 927 €2021 Company: 619 100 €20212022 Company: 713 804 €2023 Company: 861 780 €20232024 Company: 890 361 €2025 Company: 978 685 €2025
Equity, € thousand 2025: 935 703 € · +6.7% vs 2024
02004006008001 0002019 Company: 43 441 €20192020 Company: 262 927 €20202021 Company: 568 763 €20212022 Company: 631 818 €20222023 Company: 823 888 €20232024 Company: 876 708 €20242025 Company: 935 703 €202502004006008001 0002019 Company: 43 441 €20192020 Company: 262 927 €2021 Company: 568 763 €20212022 Company: 631 818 €2023 Company: 823 888 €20232024 Company: 876 708 €2025 Company: 935 703 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02019 Company: 2 Industry median: 220192020 Company: 0 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02019 Company: 2 Industry median: 220192020 Company: 0 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 22025 Company: 0 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 489 282 58 995 0 978 685 935 703 0
2024 183 082 53 900 0 890 361 876 708 0
2023 336 461 192 070 0 861 780 823 888 0
2022 102 778 63 054 0 713 804 631 818 0
2021 459 147 305 836 0 619 100 568 763 0
2020 491 282 244 486 5 530 262 927 262 927 0
2019 416 101 40 941 27 162 55 282 43 441 2

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
12.1 %
Net profit / revenue
Return on equity (ROE)
6.3 %
Net profit / equity
Return on assets (ROA)
6.0 %
Net profit / assets
Equity ratio
95.6 %
Equity / assets
Debt ratio
4.4 %
Liabilities / assets
Current ratio
14.48
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 27 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 22 Apr 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 14 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 28 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 20 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 29 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

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
  • 71121Constructional engineering-technical designing and consulting
Rulings
Number, date Title Deadline State Document
Ä 50105600 / 6
30 Apr 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
30 Apr 2025
PDF
Ä 50105600 / M1
14 Jul 2024
Warning of deletion from the register: annual report not filed 17 Oct 2024 Deficiencies eliminated
15 Jul 2024
PDF
Ä 50105600 / 5
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50105600 / 4
4 Jul 2019
Amendment entry In force
4 Jul 2019
PDF
Ä 50105600 / 3
4 Feb 2019
Transformation entry In force
4 Feb 2019
PDF
Ä 50105600 / 2
31 Jan 2019
Amendment entry In force
31 Jan 2019
PDF
Ä 50105600
25 Oct 2018
First entry In force
25 Oct 2018
PDF

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