Steel Element OÜ

Active Registry code 14604598 OÜ Tallinn Registered 12 Nov 2018
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Steel Element OÜ is a OÜ based in Tallinn, registry code 14604598, status: active. Main activity: Manufacture of metal structures and parts of structures. According to EMTA, turnover for Q3 2026 was €1 976 133 with 6 employees.

Turnover
1 976 133 €
↑ 32.1% vs Q2 2026
State taxes
4 622 €
↓ 90.9% vs Q2 2026
Labour taxes
14 529 €
↑ 1.1% vs Q2 2026
Employees
6
±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

  • Turnover · Q3 2026 2 mn €
    industry median 54 051 € · companies in the industry: 1 358
  • Labour taxes per employee 2 422 €
    industry median 1 944 € · companies in the industry: 1 121
  • Revenue · 2025 2.7 mn €
    industry median 71 144 € · companies in the industry: 1 712
  • Net profit margin · 2025 3.1 %
    industry median 3.4 % · companies in the industry: 1 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 976 133 € · +32.1% vs Q2 2026 · industry median 54 051 € · above 98% of the industry
01 0002 0003 0004 000Q4 2023 Company: 1 268 766 € Industry median: 47 931 €Q4·23Q1 2024 Company: 1 287 499 € Industry median: 39 673 €Q2 2024 Company: 3 107 965 € Industry median: 43 108 €Q2·24Q3 2024 Company: 1 947 931 € Industry median: 46 432 €Q4 2024 Company: 1 287 679 € Industry median: 49 785 €Q4·24Q1 2025 Company: 1 570 889 € Industry median: 42 425 €Q2 2025 Company: 775 501 € Industry median: 50 007 €Q2·25Q3 2025 Company: 856 494 € Industry median: 48 528 €Q4 2025 Company: 722 074 € Industry median: 53 452 €Q4·25Q1 2026 Company: 1 044 538 € Industry median: 45 198 €Q2 2026 Company: 1 496 389 € Industry median: 54 700 €Q2·26Q3 2026 Company: 1 976 133 € Industry median: 54 051 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 287 679 € Industry median: 49 785 €Q1 2025 Company: 1 570 889 € Industry median: 42 425 €Q1·25Q2 2025 Company: 775 501 € Industry median: 50 007 €Q3 2025 Company: 856 494 € Industry median: 48 528 €Q3·25Q4 2025 Company: 722 074 € Industry median: 53 452 €Q1 2026 Company: 1 044 538 € Industry median: 45 198 €Q1·26Q2 2026 Company: 1 496 389 € Industry median: 54 700 €Q3 2026 Company: 1 976 133 € Industry median: 54 051 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 422 € · +1.1% vs Q2 2026 · industry median 1 944 € · above 61% of the industry
01 0002 0003 000Q4 2023 Company: 2 376 € Industry median: 1 751 €Q4·23Q1 2024 Company: 2 832 € Industry median: 1 757 €Q2 2024 Company: 2 777 € Industry median: 1 735 €Q2·24Q3 2024 Company: 2 734 € Industry median: 1 864 €Q4 2024 Company: 1 768 € Industry median: 1 892 €Q4·24Q1 2025 Company: 1 882 € Industry median: 1 847 €Q2 2025 Company: 2 454 € Industry median: 1 858 €Q2·25Q3 2025 Company: 2 397 € Industry median: 1 902 €Q4 2025 Company: 2 343 € Industry median: 2 028 €Q4·25Q1 2026 Company: 2 338 € Industry median: 1 906 €Q2 2026 Company: 2 396 € Industry median: 1 845 €Q2·26Q3 2026 Company: 2 422 € Industry median: 1 944 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 768 € Industry median: 1 892 €Q1 2025 Company: 1 882 € Industry median: 1 847 €Q1·25Q2 2025 Company: 2 454 € Industry median: 1 858 €Q3 2025 Company: 2 397 € Industry median: 1 902 €Q3·25Q4 2025 Company: 2 343 € Industry median: 2 028 €Q1 2026 Company: 2 338 € Industry median: 1 906 €Q1·26Q2 2026 Company: 2 396 € Industry median: 1 845 €Q3 2026 Company: 2 422 € Industry median: 1 944 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 6 · +0.0% vs Q2 2026
02468Q4 2023 Company: 6Q4·23Q1 2024 Company: 5Q2 2024 Company: 5Q2·24Q3 2024 Company: 5Q4 2024 Company: 7Q4·24Q1 2025 Company: 7Q2 2025 Company: 6Q2·25Q3 2025 Company: 6Q4 2025 Company: 6Q4·25Q1 2026 Company: 6Q2 2026 Company: 6Q2·26Q3 2026 Company: 6Q3·2602468Q4 2024 Company: 7Q1 2025 Company: 7Q1·25Q2 2025 Company: 6Q3 2025 Company: 6Q3·25Q4 2025 Company: 6Q1 2026 Company: 6Q1·26Q2 2026 Company: 6Q3 2026 Company: 6Q3·26
State taxes, € thousand Q3 2026: 4 622 € · −90.9% vs Q2 2026
050100150Q4 2023 Company: 99 914 €Q4·23Q1 2024 Company: 33 402 €Q2 2024 Company: 36 159 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 1 613 €Q4·24Q1 2025 Company: 132 616 €Q2 2025 Company: 19 598 €Q2·25Q3 2025 Company: 36 948 €Q4 2025 Company: 13 544 €Q4·25Q1 2026 Company: 33 381 €Q2 2026 Company: 50 657 €Q2·26Q3 2026 Company: 4 622 €Q3·26050100150Q4 2024 Company: 1 613 €Q1 2025 Company: 132 616 €Q1·25Q2 2025 Company: 19 598 €Q3 2025 Company: 36 948 €Q3·25Q4 2025 Company: 13 544 €Q1 2026 Company: 33 381 €Q1·26Q2 2026 Company: 50 657 €Q3 2026 Company: 4 622 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 976 133 4 622 14 529 6
Q2 2026 1 496 389 50 657 14 376 6
Q1 2026 1 044 538 33 381 14 030 6
Q4 2025 722 074 13 544 14 059 6
Q3 2025 856 494 36 948 14 384 6
Q2 2025 775 501 19 598 14 723 6
Q1 2025 1 570 889 132 616 13 175 7
Q4 2024 1 287 679 1 613 12 374 7
Q3 2024 1 947 931 — 13 669 5
Q2 2024 3 107 965 36 159 13 884 5
Q1 2024 1 287 499 33 402 14 158 5
Q4 2023 1 268 766 99 914 14 255 6
Q3 2023 1 286 169 53 764 14 995 6
Q2 2023 1 164 410 74 977 19 361 6
Q1 2023 1 081 174 68 184 18 420 8
Q4 2022 1 265 293 96 284 19 948 8
Q3 2022 1 081 377 42 669 21 525 8
Q2 2022 1 738 093 123 442 12 119 9
Q1 2022 1 210 787 27 153 12 930 6
Labour taxes per employee per month
807 €
Turnover per employee in the quarter
329 356 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025
Revenue, € thousand 2025: 2 713 516 € · −49.4% vs 2024 · industry median 71 144 € · above 91% of the industry
02 0004 0006 0002019 Company: 2 019 195 € Industry median: 87 578 €20192020 Company: 2 858 354 € Industry median: 80 652 €20202021 Company: 3 096 013 € Industry median: 85 610 €20212022 Company: 3 947 193 € Industry median: 84 505 €20222023 Company: 3 490 181 € Industry median: 79 655 €20232024 Company: 5 364 647 € Industry median: 75 081 €20242025 Company: 2 713 516 € Industry median: 71 144 €202502 0004 0006 0002019 Company: 2 019 195 € Industry median: 87 578 €20192020 Company: 2 858 354 € Industry median: 80 652 €2021 Company: 3 096 013 € Industry median: 85 610 €20212022 Company: 3 947 193 € Industry median: 84 505 €2023 Company: 3 490 181 € Industry median: 79 655 €20232024 Company: 5 364 647 € Industry median: 75 081 €2025 Company: 2 713 516 € Industry median: 71 144 €2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 84 850 € · +124.4% vs 2024 · industry median 904 € · above 90% of the industry
01002003004002019 Company: 291 534 € Industry median: 3 345 €20192020 Company: 110 851 € Industry median: 1 618 €20202021 Company: 155 466 € Industry median: 2 495 €20212022 Company: 385 848 € Industry median: 3 066 €20222023 Company: 325 698 € Industry median: 1 431 €20232024 Company: 37 820 € Industry median: 714 €20242025 Company: 84 850 € Industry median: 904 €202501002003004002019 Company: 291 534 € Industry median: 3 345 €20192020 Company: 110 851 € Industry median: 1 618 €2021 Company: 155 466 € Industry median: 2 495 €20212022 Company: 385 848 € Industry median: 3 066 €2023 Company: 325 698 € Industry median: 1 431 €20232024 Company: 37 820 € Industry median: 714 €2025 Company: 84 850 € Industry median: 904 €2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 3.1 % · +2.4 pp vs the year before · industry median 3.4 % · above 49% of the industry
0510152019 Company: 14.4 % Industry median: 4.9 %20192020 Company: 3.9 % Industry median: 3.7 %20202021 Company: 5.0 % Industry median: 4.4 %20212022 Company: 9.8 % Industry median: 5.1 %20222023 Company: 9.3 % Industry median: 4.2 %20232024 Company: 0.7 % Industry median: 2.9 %20242025 Company: 3.1 % Industry median: 3.4 %20250510152019 Company: 14.4 % Industry median: 4.9 %20192020 Company: 3.9 % Industry median: 3.7 %2021 Company: 5.0 % Industry median: 4.4 %20212022 Company: 9.8 % Industry median: 5.1 %2023 Company: 9.3 % Industry median: 4.2 %20232024 Company: 0.7 % Industry median: 2.9 %2025 Company: 3.1 % Industry median: 3.4 %2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 724 052 € · +4.0% vs 2024
05001 0001 5002 0002019 Company: 686 177 €20192020 Company: 797 915 €20202021 Company: 799 358 €20212022 Company: 1 336 905 €20222023 Company: 1 775 262 €20232024 Company: 1 658 370 €20242025 Company: 1 724 052 €202505001 0001 5002 0002019 Company: 686 177 €20192020 Company: 797 915 €2021 Company: 799 358 €20212022 Company: 1 336 905 €2023 Company: 1 775 262 €20232024 Company: 1 658 370 €2025 Company: 1 724 052 €2025
Equity, € thousand 2025: 1 365 978 € · +6.6% vs 2024
05001 0001 5002019 Company: 291 534 €20192020 Company: 389 885 €20202021 Company: 545 351 €20212022 Company: 931 199 €20222023 Company: 1 210 547 €20232024 Company: 1 281 128 €20242025 Company: 1 365 978 €202505001 0001 5002019 Company: 291 534 €20192020 Company: 389 885 €2021 Company: 545 351 €20212022 Company: 931 199 €2023 Company: 1 210 547 €20232024 Company: 1 281 128 €2025 Company: 1 365 978 €2025
Employees 2025: 7 · +16.7% vs 2024 · industry median 3 · above 68% of the industry
02468102019 Company: 1 Industry median: 320192020 Company: 10 Industry median: 320202021 Company: 6 Industry median: 320212022 Company: 9 Industry median: 320222023 Company: 8 Industry median: 320232024 Company: 6 Industry median: 320242025 Company: 7 Industry median: 3202502468102019 Company: 1 Industry median: 320192020 Company: 10 Industry median: 32021 Company: 6 Industry median: 320212022 Company: 9 Industry median: 32023 Company: 8 Industry median: 320232024 Company: 6 Industry median: 32025 Company: 7 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (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 2 713 516 84 850 145 010 1 724 052 1 365 978 7
2024 5 364 647 37 820 132 189 1 658 370 1 281 128 6
2023 3 490 181 325 698 163 733 1 775 262 1 210 547 8
2022 3 947 193 385 848 178 600 1 336 905 931 199 9
2021 3 096 013 155 466 122 835 799 358 545 351 6
2020 2 858 354 110 851 170 437 797 915 389 885 10
2019 2 019 195 291 534 25 921 686 177 291 534 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
3.1 %
Net profit / revenue
Return on equity (ROE)
6.2 %
Net profit / equity
Return on assets (ROA)
4.9 %
Net profit / assets
Equity ratio
79.2 %
Equity / assets
Debt ratio
20.8 %
Liabilities / assets
Current ratio
3.32
Current assets / current liabilities
Revenue per employee
387 645 €
Revenue / average full-time employees
Labour cost per employee per month
1 726 €
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 18 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 1 Jul 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 29 Aug 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 15 Jul 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 31 May 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 15 Jun 2021 Company’s own e-Äriregister
2019 12 Nov 2018 – 31 Dec 2019 21 Apr 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

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 2511Manufacture of metal structures and parts of structures Main
Rulings
Number, date Title Deadline State Document
Ä 50106760 / M2
14 Jul 2024
Warning of a fine: annual report not filed 13 Aug 2024 Deficiencies eliminated
31 Oct 2024
PDF
Ä 50106760 / 4
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50106760 / M1
14 Apr 2020
Ruling to eliminate deficiencies 24 Apr 2020 Deficiencies eliminated
14 Apr 2020
PDF
Ä 50106760 / 3
14 Apr 2020
Amendment entry In force
14 Apr 2020
PDF
Ä 50106760 / 2
14 Apr 2020
Amendment entry In force
14 Apr 2020
PDF
Ä 50106760
12 Nov 2018
First entry In force
12 Nov 2018
PDF

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