Saalem OÜ

Active Registry code 14686047 OÜ Tartu linn Registered 20 Mar 2019
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Saalem OÜ is a OÜ based in Tartu linn, registry code 14686047, status: active. Main activity: Construction of roads and motorways. According to EMTA, turnover for Q3 2026 was €709 522 with 7 employees.

Turnover
709 522 €
↓ 39.7% vs Q2 2026
State taxes
68 386 €
↓ 20.4% vs Q2 2026
Labour taxes
41 247 €
↓ 8.4% vs Q2 2026
Employees
7
±0 vs Q2 2026

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

Position in the industry Civil engineering · EMTAK 42

  • Turnover · Q3 2026 709 522 €
    industry median 52 240 € · companies in the industry: 1 125
  • Labour taxes per employee 5 892 €
    industry median 1 750 € · companies in the industry: 933
  • Revenue · 2025 2.7 mn €
    industry median 88 960 € · companies in the industry: 1 426
  • Net profit margin · 2025 3.9 %
    industry median 5.0 % · companies in the industry: 1 185

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 709 522 € · −39.7% vs Q2 2026 · industry median 52 240 € · above 88% of the industry
05001 0001 5002 000Q4 2023 Company: 706 758 € Industry median: 57 537 €Q4·23Q1 2024 Company: 381 534 € Industry median: 30 131 €Q2 2024 Company: 1 357 189 € Industry median: 43 636 €Q2·24Q3 2024 Company: 1 360 498 € Industry median: 55 552 €Q4 2024 Company: 656 818 € Industry median: 59 411 €Q4·24Q1 2025 Company: 52 794 € Industry median: 34 084 €Q2 2025 Company: 224 217 € Industry median: 44 234 €Q2·25Q3 2025 Company: 722 060 € Industry median: 54 940 €Q4 2025 Company: 1 675 086 € Industry median: 60 220 €Q4·25Q1 2026 Company: 507 125 € Industry median: 36 839 €Q2 2026 Company: 1 176 426 € Industry median: 44 874 €Q2·26Q3 2026 Company: 709 522 € Industry median: 52 240 €Q3·2605001 0001 5002 000Q4 2024 Company: 656 818 € Industry median: 59 411 €Q1 2025 Company: 52 794 € Industry median: 34 084 €Q1·25Q2 2025 Company: 224 217 € Industry median: 44 234 €Q3 2025 Company: 722 060 € Industry median: 54 940 €Q3·25Q4 2025 Company: 1 675 086 € Industry median: 60 220 €Q1 2026 Company: 507 125 € Industry median: 36 839 €Q1·26Q2 2026 Company: 1 176 426 € Industry median: 44 874 €Q3 2026 Company: 709 522 € Industry median: 52 240 €Q3·26
  • 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: 5 892 € · −8.4% vs Q2 2026 · industry median 1 750 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 5 178 € Industry median: 1 696 €Q4·23Q1 2024 Company: 4 073 € Industry median: 1 534 €Q2 2024 Company: 4 233 € Industry median: 1 448 €Q2·24Q3 2024 Company: 5 722 € Industry median: 1 657 €Q4 2024 Company: 5 964 € Industry median: 1 890 €Q4·24Q1 2025 Company: 5 220 € Industry median: 1 717 €Q2 2025 Company: 4 222 € Industry median: 1 538 €Q2·25Q3 2025 Company: 5 361 € Industry median: 1 845 €Q4 2025 Company: 6 059 € Industry median: 2 070 €Q4·25Q1 2026 Company: 5 018 € Industry median: 1 721 €Q2 2026 Company: 6 431 € Industry median: 1 482 €Q2·26Q3 2026 Company: 5 892 € Industry median: 1 750 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 5 964 € Industry median: 1 890 €Q1 2025 Company: 5 220 € Industry median: 1 717 €Q1·25Q2 2025 Company: 4 222 € Industry median: 1 538 €Q3 2025 Company: 5 361 € Industry median: 1 845 €Q3·25Q4 2025 Company: 6 059 € Industry median: 2 070 €Q1 2026 Company: 5 018 € Industry median: 1 721 €Q1·26Q2 2026 Company: 6 431 € Industry median: 1 482 €Q3 2026 Company: 5 892 € Industry median: 1 750 €Q3·26
  • Company
  • Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 7 · +0.0% vs Q2 2026
02468Q4 2023 Company: 6Q4·23Q1 2024 Company: 8Q2 2024 Company: 8Q2·24Q3 2024 Company: 8Q4 2024 Company: 7Q4·24Q1 2025 Company: 7Q2 2025 Company: 7Q2·25Q3 2025 Company: 8Q4 2025 Company: 8Q4·25Q1 2026 Company: 8Q2 2026 Company: 7Q2·26Q3 2026 Company: 7Q3·2602468Q4 2024 Company: 7Q1 2025 Company: 7Q1·25Q2 2025 Company: 7Q3 2025 Company: 8Q3·25Q4 2025 Company: 8Q1 2026 Company: 8Q1·26Q2 2026 Company: 7Q3 2026 Company: 7Q3·26
State taxes, € thousand Q3 2026: 68 386 € · −20.4% vs Q2 2026
050100150200Q4 2023 Company: 50 704 €Q4·23Q1 2024 Company: 60 716 €Q2 2024 Company: 96 200 €Q2·24Q3 2024 Company: 118 026 €Q4 2024 Company: 69 085 €Q4·24Q1 2025 Company: 44 358 €Q2 2025 Company: 45 480 €Q2·25Q3 2025 Company: 89 387 €Q4 2025 Company: 178 694 €Q4·25Q1 2026 Company: 84 070 €Q2 2026 Company: 85 925 €Q2·26Q3 2026 Company: 68 386 €Q3·26050100150200Q4 2024 Company: 69 085 €Q1 2025 Company: 44 358 €Q1·25Q2 2025 Company: 45 480 €Q3 2025 Company: 89 387 €Q3·25Q4 2025 Company: 178 694 €Q1 2026 Company: 84 070 €Q1·26Q2 2026 Company: 85 925 €Q3 2026 Company: 68 386 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 709 522 68 386 41 247 7
Q2 2026 1 176 426 85 925 45 020 7
Q1 2026 507 125 84 070 40 144 8
Q4 2025 1 675 086 178 694 48 470 8
Q3 2025 722 060 89 387 42 887 8
Q2 2025 224 217 45 480 29 554 7
Q1 2025 52 794 44 358 36 538 7
Q4 2024 656 818 69 085 41 748 7
Q3 2024 1 360 498 118 026 45 772 8
Q2 2024 1 357 189 96 200 33 865 8
Q1 2024 381 534 60 716 32 584 8
Q4 2023 706 758 50 704 31 068 6
Q3 2023 1 260 035 95 914 31 874 6
Q2 2023 286 550 44 079 25 350 6
Q1 2023 44 521 30 317 32 292 6
Q4 2022 829 297 58 696 30 766 6
Q3 2022 661 115 69 550 29 091 7
Q2 2022 842 998 46 404 19 047 6
Q1 2022 3 160 24 683 18 061 4
Labour taxes per employee per month
1 964 €
Turnover per employee in the quarter
101 360 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025
Revenue, € thousand 2025: 2 677 804 € · −28.8% vs 2024 · industry median 88 960 € · above 92% of the industry
01 0002 0003 0004 0002019 Company: 1 580 912 € Industry median: 87 742 €20192020 Company: 1 088 745 € Industry median: 79 900 €20202021 Company: 2 883 738 € Industry median: 85 202 €20212022 Company: 2 352 473 € Industry median: 83 429 €20222023 Company: 2 299 206 € Industry median: 84 652 €20232024 Company: 3 758 963 € Industry median: 74 590 €20242025 Company: 2 677 804 € Industry median: 88 960 €202501 0002 0003 0004 0002019 Company: 1 580 912 € Industry median: 87 742 €20192020 Company: 1 088 745 € Industry median: 79 900 €2021 Company: 2 883 738 € Industry median: 85 202 €20212022 Company: 2 352 473 € Industry median: 83 429 €2023 Company: 2 299 206 € Industry median: 84 652 €20232024 Company: 3 758 963 € Industry median: 74 590 €2025 Company: 2 677 804 € Industry median: 88 960 €2025
  • 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: 103 968 € · −71.3% vs 2024 · industry median 2 500 € · above 88% of the industry
-10001002003004002019 Company: 354 747 € Industry median: 3 099 €20192020 Company: 131 446 € Industry median: 1 997 €20202021 Company: 379 906 € Industry median: 2 977 €20212022 Company: -57 255 € Industry median: 2 069 €20222023 Company: 54 915 € Industry median: 2 486 €20232024 Company: 362 800 € Industry median: 1 984 €20242025 Company: 103 968 € Industry median: 2 500 €2025-10001002003004002019 Company: 354 747 € Industry median: 3 099 €20192020 Company: 131 446 € Industry median: 1 997 €2021 Company: 379 906 € Industry median: 2 977 €20212022 Company: -57 255 € Industry median: 2 069 €2023 Company: 54 915 € Industry median: 2 486 €20232024 Company: 362 800 € Industry median: 1 984 €2025 Company: 103 968 € Industry median: 2 500 €2025
  • 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: 3.9 % · −5.8 pp vs the year before · industry median 5.0 % · above 46% of the industry
-505101520252019 Company: 22.4 % Industry median: 6.0 %20192020 Company: 12.1 % Industry median: 5.2 %20202021 Company: 13.2 % Industry median: 6.0 %20212022 Company: -2.4 % Industry median: 4.7 %20222023 Company: 2.4 % Industry median: 5.1 %20232024 Company: 9.7 % Industry median: 4.7 %20242025 Company: 3.9 % Industry median: 5.0 %2025-505101520252019 Company: 22.4 % Industry median: 6.0 %20192020 Company: 12.1 % Industry median: 5.2 %2021 Company: 13.2 % Industry median: 6.0 %20212022 Company: -2.4 % Industry median: 4.7 %2023 Company: 2.4 % Industry median: 5.1 %20232024 Company: 9.7 % Industry median: 4.7 %2025 Company: 3.9 % Industry median: 5.0 %2025
  • 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: 1 628 822 € · +34.0% vs 2024
05001 0001 5002 0002019 Company: 368 075 €20192020 Company: 625 198 €20202021 Company: 1 017 196 €20212022 Company: 1 062 052 €20222023 Company: 986 056 €20232024 Company: 1 215 623 €20242025 Company: 1 628 822 €202505001 0001 5002 0002019 Company: 368 075 €20192020 Company: 625 198 €2021 Company: 1 017 196 €20212022 Company: 1 062 052 €2023 Company: 986 056 €20232024 Company: 1 215 623 €2025 Company: 1 628 822 €2025
Equity, € thousand 2025: 994 584 € · +1.4% vs 2024
02004006008001 0002019 Company: 357 247 €20192020 Company: 463 693 €20202021 Company: 793 599 €20212022 Company: 694 595 €20222023 Company: 700 953 €20232024 Company: 980 615 €20242025 Company: 994 584 €202502004006008001 0002019 Company: 357 247 €20192020 Company: 463 693 €2021 Company: 793 599 €20212022 Company: 694 595 €2023 Company: 700 953 €20232024 Company: 980 615 €2025 Company: 994 584 €2025
Employees 2025: 7 · +0.0% vs 2024 · industry median 2 · above 77% of the industry
024682019 Company: 2 Industry median: 320192020 Company: 1 Industry median: 320202021 Company: 4 Industry median: 320212022 Company: 6 Industry median: 320222023 Company: 6 Industry median: 220232024 Company: 7 Industry median: 220242025 Company: 7 Industry median: 22025024682019 Company: 2 Industry median: 320192020 Company: 1 Industry median: 32021 Company: 4 Industry median: 320212022 Company: 6 Industry median: 32023 Company: 6 Industry median: 220232024 Company: 7 Industry median: 22025 Company: 7 Industry median: 22025
  • 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 2 677 804 103 968 360 743 1 628 822 994 584 7
2024 3 758 963 362 800 375 330 1 215 623 980 615 7
2023 2 299 206 54 915 293 186 986 056 700 953 6
2022 2 352 473 -57 255 245 194 1 062 052 694 595 6
2021 2 883 738 379 906 169 718 1 017 196 793 599 4
2020 1 088 745 131 446 52 885 625 198 463 693 1
2019 1 580 912 354 747 57 520 368 075 357 247 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
3.9 %
Net profit / revenue
Return on equity (ROE)
10.5 %
Net profit / equity
Return on assets (ROA)
6.4 %
Net profit / assets
Equity ratio
61.1 %
Equity / assets
Debt ratio
38.9 %
Liabilities / assets
Current ratio
1.80
Current assets / current liabilities
Revenue per employee
382 543 €
Revenue / average full-time employees
Labour cost per employee per month
4 295 €
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 2 Apr 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 25 Mar 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 12 Apr 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 6 May 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 27 May 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 29 Mar 2021 Company’s own e-Äriregister
2019 20 Mar 2019 – 31 Dec 2019 11 Feb 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

  • Benno Paas
    Member of a senior management body (management or supervisory board) · since 22 Sep 2023
  • Lembit Paas
    Direct ownership · since 10 Oct 2019

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 42111Construction of roads and motorways Main
Rulings
Number, date Title Deadline State Document
Ä 50115542 / 5
9 Jan 2025
Amendment entry In force
9 Jan 2025
PDF
Ä 50115542 / 4
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50115542 / 3
11 Nov 2022
Amendment entry In force
11 Nov 2022
PDF
Ä 50115542 / 2
7 Apr 2021
Amendment entry In force
7 Apr 2021
PDF
Ä 50115542
20 Mar 2019
First entry In force
20 Mar 2019
PDF

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