Cormet OÜ

Active Registry code 14638108 OÜ Ulvi küla Registered 8 Jan 2019
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Cormet OÜ is a OÜ based in Ulvi küla, registry code 14638108, status: active. Main activity: Repair and maintenance of machinery. According to EMTA, turnover for Q3 2026 was €54 103 with 1 employees.

Turnover
54 103 €
↓ 14.6% vs Q2 2026
State taxes
2 502 €
↓ 55.8% vs Q2 2026
Labour taxes
1 296 €
↓ 6.7% vs Q2 2026
Employees
1
±0 vs Q2 2026

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

Position in the industry Repair, maintenance and installation of machinery and equipment · EMTAK 33

  • Turnover · Q3 2026 54 103 €
    industry median 21 365 € · companies in the industry: 1 050
  • Labour taxes per employee 1 296 €
    industry median 1 557 € · companies in the industry: 808
  • Revenue · 2025 186 388 €
    industry median 44 022 € · companies in the industry: 1 447
  • Net profit margin · 2025 -6.5 %
    industry median 5.4 % · companies in the industry: 1 225

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 54 103 € · −14.6% vs Q2 2026 · industry median 21 365 € · above 70% of the industry
020 00040 00060 00080 000Q4 2023 Company: 54 419 € Industry median: 22 416 €Q4·23Q1 2024 Company: 65 302 € Industry median: 20 934 €Q2 2024 Company: 56 621 € Industry median: 21 577 €Q2·24Q3 2024 Company: 50 441 € Industry median: 22 930 €Q4 2024 Company: 72 143 € Industry median: 21 473 €Q4·24Q1 2025 Company: 53 512 € Industry median: 19 468 €Q2 2025 Company: 48 620 € Industry median: 21 694 €Q2·25Q3 2025 Company: 45 681 € Industry median: 22 270 €Q4 2025 Company: 50 737 € Industry median: 22 998 €Q4·25Q1 2026 Company: 43 346 € Industry median: 20 214 €Q2 2026 Company: 63 358 € Industry median: 22 903 €Q2·26Q3 2026 Company: 54 103 € Industry median: 21 365 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 72 143 € Industry median: 21 473 €Q1 2025 Company: 53 512 € Industry median: 19 468 €Q1·25Q2 2025 Company: 48 620 € Industry median: 21 694 €Q3 2025 Company: 45 681 € Industry median: 22 270 €Q3·25Q4 2025 Company: 50 737 € Industry median: 22 998 €Q1 2026 Company: 43 346 € Industry median: 20 214 €Q1·26Q2 2026 Company: 63 358 € Industry median: 22 903 €Q3 2026 Company: 54 103 € Industry median: 21 365 €Q3·26
  • Company
  • Industry median

Industry: Repair, maintenance and installation of 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: 1 296 € · −6.7% vs Q2 2026 · industry median 1 557 € · above 40% of the industry
01 0002 0003 0004 000Q4 2023 Company: 1 746 € Industry median: 1 353 €Q4·23Q1 2024 Company: 1 897 € Industry median: 1 432 €Q2 2024 Company: 769 € Industry median: 1 415 €Q2·24Q3 2024 Company: 1 447 € Industry median: 1 452 €Q4 2024 Company: 1 498 € Industry median: 1 508 €Q4·24Q1 2025 Company: 1 396 € Industry median: 1 497 €Q2 2025 Company: 3 919 € Industry median: 1 514 €Q2·25Q3 2025 Company: 3 010 € Industry median: 1 524 €Q4 2025 Company: 2 454 € Industry median: 1 541 €Q4·25Q1 2026 Company: 1 416 € Industry median: 1 485 €Q2 2026 Company: 1 389 € Industry median: 1 458 €Q2·26Q3 2026 Company: 1 296 € Industry median: 1 557 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 1 498 € Industry median: 1 508 €Q1 2025 Company: 1 396 € Industry median: 1 497 €Q1·25Q2 2025 Company: 3 919 € Industry median: 1 514 €Q3 2025 Company: 3 010 € Industry median: 1 524 €Q3·25Q4 2025 Company: 2 454 € Industry median: 1 541 €Q1 2026 Company: 1 416 € Industry median: 1 485 €Q1·26Q2 2026 Company: 1 389 € Industry median: 1 458 €Q3 2026 Company: 1 296 € Industry median: 1 557 €Q3·26
  • Company
  • Industry median

Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0123Q4 2023 Company: 2Q4·23Q1 2024 Company: 2Q2 2024 Company: 3Q2·24Q3 2024 Company: 3Q4 2024 Company: 3Q4·24Q1 2025 Company: 3Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260123Q4 2024 Company: 3Q1 2025 Company: 3Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 2 502 € · −55.8% vs Q2 2026
02 0004 0006 0008 00010 000Q4 2023 Company: 5 066 €Q4·23Q1 2024 Company: 6 558 €Q2 2024 Company: 9 305 €Q2·24Q3 2024 Company: 7 199 €Q4 2024 Company: 9 503 €Q4·24Q1 2025 Company: 6 664 €Q2 2025 Company: 5 057 €Q2·25Q3 2025 Company: 4 346 €Q4 2025 Company: 7 396 €Q4·25Q1 2026 Company: 2 951 €Q2 2026 Company: 5 666 €Q2·26Q3 2026 Company: 2 502 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 9 503 €Q1 2025 Company: 6 664 €Q1·25Q2 2025 Company: 5 057 €Q3 2025 Company: 4 346 €Q3·25Q4 2025 Company: 7 396 €Q1 2026 Company: 2 951 €Q1·26Q2 2026 Company: 5 666 €Q3 2026 Company: 2 502 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 54 103 2 502 1 296 1
Q2 2026 63 358 5 666 1 389 1
Q1 2026 43 346 2 951 1 416 1
Q4 2025 50 737 7 396 2 454 1
Q3 2025 45 681 4 346 3 010 1
Q2 2025 48 620 5 057 3 919 1
Q1 2025 53 512 6 664 4 189 3
Q4 2024 72 143 9 503 4 493 3
Q3 2024 50 441 7 199 4 341 3
Q2 2024 56 621 9 305 2 308 3
Q1 2024 65 302 6 558 3 793 2
Q4 2023 54 419 5 066 3 491 2
Q3 2023 61 569 7 382 3 937 2
Q2 2023 78 110 8 657 1 854 2
Q1 2023 43 112 5 545 1 922 2
Q4 2022 45 011 6 267 1 119 1
Q3 2022 50 314 2 934 1 601 2
Q2 2022 65 517 8 614 4 072 2
Q1 2022 51 723 7 175 4 104 4
Labour taxes per employee per month
432 €
Turnover per employee in the quarter
54 103 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025
Revenue, € thousand 2025: 186 388 € · −23.6% vs 2024 · industry median 44 022 € · above 77% of the industry
0501001502002502019 Company: 122 917 € Industry median: 41 237 €20192020 Company: 217 925 € Industry median: 36 334 €20202021 Company: 202 393 € Industry median: 39 000 €20212022 Company: 194 386 € Industry median: 39 989 €20222023 Company: 210 592 € Industry median: 42 511 €20232024 Company: 244 118 € Industry median: 40 902 €20242025 Company: 186 388 € Industry median: 44 022 €20250501001502002502019 Company: 122 917 € Industry median: 41 237 €20192020 Company: 217 925 € Industry median: 36 334 €2021 Company: 202 393 € Industry median: 39 000 €20212022 Company: 194 386 € Industry median: 39 989 €2023 Company: 210 592 € Industry median: 42 511 €20232024 Company: 244 118 € Industry median: 40 902 €2025 Company: 186 388 € Industry median: 44 022 €2025
  • Company
  • Industry median

Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -12 029 € · −174.9% vs 2024 · industry median 1 205 € · above 7% of the industry
-20 000-10 000010 00020 0002019 Company: 5 049 € Industry median: 1 682 €20192020 Company: 346 € Industry median: 1 177 €20202021 Company: -1 458 € Industry median: 1 463 €20212022 Company: 1 296 € Industry median: 1 359 €20222023 Company: 2 530 € Industry median: 1 743 €20232024 Company: 16 052 € Industry median: 847 €20242025 Company: -12 029 € Industry median: 1 205 €2025-20 000-10 000010 00020 0002019 Company: 5 049 € Industry median: 1 682 €20192020 Company: 346 € Industry median: 1 177 €2021 Company: -1 458 € Industry median: 1 463 €20212022 Company: 1 296 € Industry median: 1 359 €2023 Company: 2 530 € Industry median: 1 743 €20232024 Company: 16 052 € Industry median: 847 €2025 Company: -12 029 € Industry median: 1 205 €2025
  • Company
  • Industry median

Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -6.5 % · −13.0 pp vs the year before · industry median 5.4 % · above 18% of the industry
-10-505102019 Company: 4.1 % Industry median: 6.2 %20192020 Company: 0.2 % Industry median: 6.0 %20202021 Company: -0.7 % Industry median: 5.8 %20212022 Company: 0.7 % Industry median: 6.9 %20222023 Company: 1.2 % Industry median: 6.2 %20232024 Company: 6.6 % Industry median: 4.3 %20242025 Company: -6.5 % Industry median: 5.4 %2025-10-505102019 Company: 4.1 % Industry median: 6.2 %20192020 Company: 0.2 % Industry median: 6.0 %2021 Company: -0.7 % Industry median: 5.8 %20212022 Company: 0.7 % Industry median: 6.9 %2023 Company: 1.2 % Industry median: 6.2 %20232024 Company: 6.6 % Industry median: 4.3 %2025 Company: -6.5 % Industry median: 5.4 %2025
  • Company
  • Industry median

Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 43 876 € · −30.0% vs 2024
020 00040 00060 00080 0002019 Company: 24 027 €20192020 Company: 54 172 €20202021 Company: 52 636 €20212022 Company: 51 473 €20222023 Company: 45 127 €20232024 Company: 62 701 €20242025 Company: 43 876 €2025020 00040 00060 00080 0002019 Company: 24 027 €20192020 Company: 54 172 €2021 Company: 52 636 €20212022 Company: 51 473 €2023 Company: 45 127 €20232024 Company: 62 701 €2025 Company: 43 876 €2025
Equity, € 2025: 21 963 € · −35.4% vs 2024
010 00020 00030 00040 0002019 Company: 5 049 €20192020 Company: 5 395 €20202021 Company: 5 187 €20212022 Company: 15 973 €20222023 Company: 18 204 €20232024 Company: 33 993 €20242025 Company: 21 963 €2025010 00020 00030 00040 0002019 Company: 5 049 €20192020 Company: 5 395 €2021 Company: 5 187 €20212022 Company: 15 973 €2023 Company: 18 204 €20232024 Company: 33 993 €2025 Company: 21 963 €2025
Employees 2025: 1 · −66.7% vs 2024 · industry median 1 · above 5% of the industry
012342019 Company: 3 Industry median: 220192020 Company: 4 Industry median: 220202021 Company: 3 Industry median: 220212022 Company: 3 Industry median: 120222023 Company: 2 Industry median: 120232024 Company: 3 Industry median: 120242025 Company: 1 Industry median: 12025012342019 Company: 3 Industry median: 220192020 Company: 4 Industry median: 22021 Company: 3 Industry median: 220212022 Company: 3 Industry median: 12023 Company: 2 Industry median: 120232024 Company: 3 Industry median: 12025 Company: 1 Industry median: 12025
  • Company
  • Industry median

Industry: Repair, maintenance and installation of 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 186 388 -12 029 28 418 43 876 21 963 1
2024 244 118 16 052 43 385 62 701 33 993 3
2023 210 592 2 530 34 297 45 127 18 204 2
2022 194 386 1 296 29 445 51 473 15 973 3
2021 202 393 -1 458 42 462 52 636 5 187 3
2020 217 925 346 67 923 54 172 5 395 4
2019 122 917 5 049 26 807 24 027 5 049 3

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
-6.5 %
Net profit / revenue
Return on equity (ROE)
-54.8 %
Net profit / equity
Return on assets (ROA)
-27.4 %
Net profit / assets
Equity ratio
50.1 %
Equity / assets
Debt ratio
49.9 %
Liabilities / assets
Current ratio
0.54
Current assets / current liabilities
Revenue per employee
186 388 €
Revenue / average full-time employees
Labour cost per employee per month
2 368 €
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 8 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 19 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 1 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 27 Mar 2024 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 16 Mar 2024 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 15 Nov 2021 Company’s own e-Äriregister
2019 8 Jan 2019 – 31 Dec 2019 20 Jul 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

  • Jüri Raal
    Direct ownership · since 28 Mar 2024

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 33121Repair and maintenance of machinery Main

History of changes

What Value Period
Status Active 28 Mar 2024 – now
Status Deleted from the registry 19 Mar 2024 – now
Status Active 8 Jan 2019 – now
Rulings
Number, date Title Deadline State Document
Ä 50110402 / 8
14 Oct 2026
Amendment entry In force
14 Oct 2026
PDF
Ä 50110402 / 7
28 Mar 2024
Restored to the register to continue operating In force
28 Mar 2024
PDF
Ä 50110402 / 6
19 Mar 2024
Deleted from the register: annual report not filed In force
19 Mar 2024
PDF
Ä 50110402 / M2
12 Dec 2023
Warning of deletion from the register: annual report not filed 16 Mar 2024 Deficiencies eliminated
28 Mar 2024
PDF
Ä 50110402 / 5
3 Sep 2023
Amendment entry In force
3 Sep 2023
PDF
Ä 50110402 / 4
28 Oct 2020
Amendment entry In force
28 Oct 2020
PDF
Ä 50110402 / M1
28 Sep 2020
Ruling to eliminate deficiencies 28 Oct 2020 Deficiencies eliminated
28 Oct 2020
PDF
Ä 50110402 / 3
20 Jul 2020
Amendment under Commercial Code § 525 (2) In force
20 Jul 2020
PDF
Ä 50110402 / 2
2 Dec 2019
Amendment under Commercial Code § 525 (2) In force
2 Dec 2019
PDF
Ä 50110402
8 Jan 2019
First entry In force
8 Jan 2019
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data