Bauvärk OÜ

Active Registry code 14660504 OÜ Tartu linn Registered 12 Feb 2019

Bauvärk OÜ is a OÜ based in Tartu linn, registry code 14660504, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €206 417 with 2 employees.

Turnover

206 417 €

↓ 63.2% vs Q2 2026

State taxes

9 292 €

↓ 87.9% vs Q2 2026

Labour taxes

9 925 €

↑ 0.5% vs Q2 2026

Employees

±0 vs Q2 2026

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 206 417 €

above 88% of companies

industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee 4 963 €

above 98% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025 945 135 €

above 94% of companies

industry median 38 239 € · companies in the industry: 7 000
Net profit margin · 2025 -0.1 %

above 30% of companies

industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 206 417 € · −63.2% vs Q2 2026 · industry median 25 252 € · above 88% of the industry

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: 4 963 € · +0.5% vs Q2 2026 · industry median 1 211 € · above 98% of the industry

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: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 9 292 € · −87.9% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	206 417	9 292	9 925	2
Q2 2026	561 648	76 908	9 876	2
Q1 2026	223 465	35 266	9 905	2
Q4 2025	193 500	10 085	10 388	2
Q3 2025	351 511	43 525	10 477	2
Q2 2025	167 419	23 607	13 033	2
Q1 2025	453 123	31 929	12 944	2
Q4 2024	579 719	12 801	12 342	2
Q3 2024	478 287	57 871	12 645	2
Q2 2024	407 685	44 769	12 591	2
Q1 2024	446 588	22 516	12 254	2
Q4 2023	1 026 562	28 115	15 239	2
Q3 2023	793 378	34 221	15 110	2
Q2 2023	459 849	38 875	14 562	3
Q1 2023	642 567	65 107	11 437	3
Q4 2022	703 068	26 394	10 934	2
Q3 2022	649 461	13 245	6 308	2
Q2 2022	426 487	16 234	6 203	1
Q1 2022	428 122	17 076	5 389	2

Labour taxes per employee per month

1 654 €

Turnover per employee in the quarter

103 209 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025

Revenue, € thousand 2025: 945 135 € · −52.3% vs 2024 · industry median 38 239 € · above 94% of the industry

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, € 2025: -562 € · −101.3% vs 2024 · industry median 410 € · above 26% of the industry

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: -0.1 % · −2.3 pp vs the year before · industry median 3.5 % · above 30% of the industry

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: 465 570 € · −7.6% vs 2024

Equity, € thousand 2025: 288 738 € · −0.4% vs 2024

Employees 2025: 3 · +0.0% vs 2024 · industry median 2 · above 65% of the industry

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	945 135	-562	106 977	465 570	288 738	3
2024	1 981 819	44 098	119 982	503 933	289 844	3
2023	2 827 859	40 452	135 521	400 320	245 746	3
2022	2 315 443	37 717	83 776	359 592	205 294	3
2021	2 528 861	49 570	59 524	336 689	167 576	2
2020	1 620 457	55 388	50 426	190 864	118 006	2
2019	917 251	42 618	30 110	320 332	62 618	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

-0.1 %

Net profit / revenue

Return on equity (ROE)

-0.2 %

Net profit / equity

Return on assets (ROA)

-0.1 %

Net profit / assets

Equity ratio

62.0 %

Equity / assets

Debt ratio

38.0 %

Liabilities / assets

Current ratio

1.41

Current assets / current liabilities

Revenue per employee

315 045 €

Revenue / average full-time employees

Labour cost per employee per month

2 972 €

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	1 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	18 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	22 May 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	1 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	1 Apr 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	21 Apr 2021	Company’s own	e-Äriregister
2019	12 Feb 2019 – 31 Dec 2019	14 Jul 2020	Company’s own	e-Äriregister

Board

Tõnu Timma
Board member · since 12 Feb 2019

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

OÜ Ehitustrust
Legal person · 12310585 · 9 000 €

45%
Tõnu Timma
Natural person · 9 000 €

45%
Kalmer Kärner
Natural person · 1 000 €

5%
Erkki Õun
Natural person · 1 000 €

5%

Beneficial owners

Kalev Kase
Indirect ownership · since 16 Mar 2020
Alar Jõgi
Direct ownership · since 12 Feb 2019
Kaido Somelar
Direct ownership · since 12 Feb 2019
Marko Raudsik
Direct ownership · since 12 Feb 2019
Martin Sööt
Indirect ownership · since 12 Feb 2019
Raul Rebane
Indirect ownership · since 12 Feb 2019
Tõnu Timma
Direct ownership · since 12 Feb 2019

Founders and other persons

Tõnu Timma
Founder · 9 000 € · 11 Feb 2019
AS Ehitustrust
Founder · 11 000 € · 11 Feb 2019
Alar Jõgi
Supervisory board member · 11 Feb 2019
Kaido Somelar
Supervisory board member · 11 Feb 2019
Marko Raudsik
Supervisory board member · 11 Feb 2019

shared board members, owners or beneficial owners

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50111205 / 7 15 May 2025	Amendment entry		In force 15 May 2025	PDF
Ä 50111205 / 6 15 Jul 2024	Amendment entry		In force 15 Jul 2024	PDF
Ä 50111205 / 5 13 Jun 2024	Amendment entry		In force 13 Jun 2024	PDF
Ä 50111205 / 4 3 Sep 2023	Amendment entry		In force 3 Sep 2023	PDF
Ä 50111205 / 3 24 Nov 2020	Amendment under Commercial Code § 525 (2)		In force 24 Nov 2020	PDF
Ä 50111205 / 2 14 Jul 2020	Amendment entry		In force 14 Jul 2020	PDF
Ä 50111205 12 Feb 2019	First entry		In force 12 Feb 2019	PDF
Ä 50111205 / M2 5 Feb 2019	Ruling to eliminate deficiencies	25 Feb 2019	Deficiencies eliminated 12 Feb 2019	PDF
Ä 50111205 / M1 21 Jan 2019	Ruling to eliminate deficiencies	10 Feb 2019	Deficiencies eliminated 12 Feb 2019	PDF

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

Bauvärk OÜ

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 9