Initex Grupp OÜ is a OÜ based in Varangu küla, registry code 14652172, status: active. Main activity: Construction of utility projects for fluids. According to EMTA, turnover for Q3 2026 was €267 542 with 4 employees.
Turnover
267 542 €
↓ 20.9%vs Q2 2026
State taxes
47 369 €
↓ 4.9%vs Q2 2026
Labour taxes
13 640 €
↑ 18.4%vs Q2 2026
Employees
4
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Civil engineering · EMTAK 42
Turnover · Q3 2026267 542 €
above 76% of companies
industry median 52 240 € · companies in the industry: 1 125
Labour taxes per employee3 410 €
above 78% of companies
industry median 1 750 € · companies in the industry: 933
Revenue · 20251.4 mn €
above 87% of companies
industry median 88 960 € · companies in the industry: 1 426
Net profit margin · 202512.0 %
above 68% of companies
industry median 5.0 % · companies in the industry: 1 185
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 267 542 € · −20.9% vs Q2 2026 · industry median 52 240 € · above 76% of the industry
Company
Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 3 410 € · +18.4% vs Q2 2026 · industry median 1 750 € · above 78% of the industry
Company
Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 4 · +0.0% vs Q2 2026State taxes, € Q3 2026: 47 369 € · −4.9% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
267 542
47 369
13 640
4
Q2 2026
338 061
49 805
11 524
4
Q1 2026
184 289
28 447
15 457
4
Q4 2025
425 080
45 366
16 356
4
Q3 2025
341 820
41 329
13 849
4
Q2 2025
396 697
32 497
13 871
4
Q1 2025
371 826
37 971
13 746
5
Q4 2024
231 299
35 317
10 156
5
Q3 2024
251 555
23 461
8 553
3
Q2 2024
219 180
12 922
5 720
3
Q1 2024
245 869
21 103
6 661
2
Q4 2023
273 240
23 884
7 051
2
Q3 2023
321 676
22 295
5 868
2
Q2 2023
113 753
17 675
4 878
2
Q1 2023
105 513
9 204
6 068
2
Q4 2022
151 332
11 368
3 052
2
Q3 2022
260 752
17 971
1 975
1
Q2 2022
100 470
14 212
857
1
Q1 2022
40 593
3 283
—
—
Labour taxes per employee per month
1 137 €
Turnover per employee in the quarter
66 886 €
Q3 2026 · calculated from EMTA data
Financials by year
2019 – 2025
Revenue, € thousand 2025: 1 427 399 € · +42.7% vs 2024 · industry median 88 960 € · above 87% of the industry
Company
Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: 170 971 € · +83.7% vs 2024 · industry median 2 500 € · above 91% of the industry
Company
Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 12.0 % · +2.7 pp vs the year before · industry median 5.0 % · above 68% of the industry
Company
Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 479 063 € · +16.2% vs 2024Equity, € thousand 2025: 331 926 € · +53.0% vs 2024Employees2025: 4 · +33.3% vs 2024 · industry median 2 · above 65% of the industry
Company
Industry median
Industry: Civil engineering (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
1 427 399
170 971
146 640
479 063
331 926
4
2024
999 956
93 087
88 261
412 299
216 955
3
2023
847 198
90 202
53 818
310 575
192 418
2
2022
583 588
166 966
25 514
266 226
169 466
1
2021
85 128
12 830
0
28 440
18 496
0
2020
27 849
1 420
0
16 566
5 666
0
2019
45 032
4 246
0
4 407
4 246
0
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
12.0 %
Net profit / revenue
Return on equity (ROE)
51.5 %
Net profit / equity
Return on assets (ROA)
35.7 %
Net profit / assets
Equity ratio
69.3 %
Equity / assets
Debt ratio
30.7 %
Liabilities / assets
Current ratio
3.49
Current assets / current liabilities
Revenue per employee
356 850 €
Revenue / average full-time employees
Labour cost per employee per month
3 055 €
Labour costs / employees / 12 months (incl. employer taxes)
