Penmaster OÜ is a OÜ based in Tartu linn, registry code 14646838, status: active. Main activity: Activities of agents involved in the wholesale of timber and building materials. According to EMTA, turnover for Q3 2026 was €308 216 with 2 employees.
Turnover
308 216 €
↓ 1.5%vs Q2 2026
State taxes
50 164 €
↑ 27.7%vs Q2 2026
Labour taxes
6 973 €
↓ 41.4%vs Q2 2026
Employees
2
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Wholesale trade · EMTAK 46
Turnover · Q3 2026308 216 €
above 75% of companies
industry median 59 985 € · companies in the industry: 6 940
Labour taxes per employee3 487 €
above 71% of companies
industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025592 304 €
above 76% of companies
industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025-7.0 %
above 18% of companies
industry median 2.7 % · companies in the industry: 7 414
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 308 216 € · −1.5% vs Q2 2026 · industry median 59 985 € · above 75% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 3 487 € · −41.4% vs Q2 2026 · industry median 2 104 € · above 71% of the industry
Company
Industry median
Industry: Wholesale trade (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: 50 164 € · +27.7% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
308 216
50 164
6 973
2
Q2 2026
312 944
39 275
11 901
2
Q1 2026
129 079
25 949
10 731
3
Q4 2025
206 931
38 412
12 831
3
Q3 2025
209 115
33 380
12 257
4
Q2 2025
162 358
32 156
9 742
4
Q1 2025
138 614
32 783
9 658
3
Q4 2024
210 615
29 689
11 398
3
Q3 2024
241 835
42 820
11 949
3
Q2 2024
273 363
36 793
12 398
4
Q1 2024
180 346
32 456
12 949
5
Q4 2023
381 237
47 705
11 588
5
Q3 2023
218 999
10 984
9 437
4
Q2 2023
248 733
27 289
9 117
4
Q1 2023
328 703
12 806
8 035
4
Q4 2022
702 064
15 285
7 969
4
Q3 2022
510 108
—
7 137
5
Q2 2022
612 355
11 222
5 275
5
Q1 2022
228 647
11 059
4 476
4
Labour taxes per employee per month
1 162 €
Turnover per employee in the quarter
154 108 €
Q3 2026 · calculated from EMTA data
Financials by year
2019 – 2025
Revenue, € thousand 2025: 592 304 € · −32.5% vs 2024 · industry median 63 691 € · above 76% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: -41 382 € · +70.3% vs 2024 · industry median 127 € · above 7% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -7.0 % · +8.9 pp vs the year before · industry median 2.7 % · above 18% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 523 525 € · −22.7% vs 2024Equity, € thousand 2025: 2 668 € · −93.9% vs 2024Employees2025: 3 · +0.0% vs 2024 · industry median 2 · above 65% of the industry
Company
Industry median
Industry: Wholesale trade (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
592 304
-41 382
106 033
523 525
2 668
3
2024
877 317
-139 216
109 384
677 599
44 050
3
2023
1 054 340
48 904
99 311
873 456
160 499
5
2022
2 048 499
20 589
70 204
696 586
111 595
3
2021
679 505
33 975
17 296
248 604
82 006
1
2020
363 436
2 361
5 507
140 448
48 031
1
2019
369 910
45 670
3 330
146 038
45 670
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
-7.0 %
Net profit / revenue
Return on equity (ROE)
-1 551.0 %
Net profit / equity
Return on assets (ROA)
-7.9 %
Net profit / assets
Equity ratio
0.5 %
Equity / assets
Debt ratio
99.5 %
Liabilities / assets
Current ratio
0.44
Current assets / current liabilities
Revenue per employee
197 435 €
Revenue / average full-time employees
Labour cost per employee per month
2 945 €
Labour costs / employees / 12 months (incl. employer taxes)
