Govel works OÜ is a OÜ based in Karksi-Nuia linn, registry code 14758114, status: active. Main activity: Electrical installation work. According to EMTA, turnover for Q3 2026 was €0 with 1 employees.
Turnover
0 €
State taxes
4 835 €
↑ 51.5%vs Q2 2026
Labour taxes
4 795 €
↑ 27.3%vs Q2 2026
Employees
1
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Labour taxes per employee4 795 €
above 98% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025219 822 €
above 84% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 2025-4.7 %
above 22% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 0 € · industry median 23 017 € · above 2% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 4 795 € · +27.3% vs Q2 2026 · industry median 1 236 € · above 98% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 1 · +0.0% vs Q2 2026State taxes, € Q3 2026: 4 835 € · +51.5% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
—
4 835
4 795
1
Q2 2026
—
3 192
3 767
1
Q1 2026
—
4 114
4 807
1
Q4 2025
—
2 368
2 741
1
Q3 2025
—
3 552
4 111
1
Q2 2025
—
3 552
4 111
1
Q1 2025
—
2 566
2 945
1
Q4 2024
—
1 950
2 139
1
Q3 2024
—
2 000
2 139
1
Q2 2024
—
1 950
2 139
1
Q1 2024
—
1 950
2 139
1
Q4 2023
—
1 300
1 426
1
Q3 2023
—
1 300
1 426
1
Q2 2023
—
1 950
2 139
1
Q1 2023
—
1 619
1 782
1
Q4 2022
—
1 020
1 123
1
Q3 2022
—
1 020
1 123
1
Q2 2022
—
1 530
1 684
1
Q1 2022
—
1 124
1 243
1
Labour taxes per employee per month
1 598 €
Turnover per employee in the quarter
0 €
Q3 2026 · calculated from EMTA data
Financials by year
2019 – 2025
Revenue, € thousand 2025: 219 822 € · +56.2% vs 2024 · industry median 37 328 € · above 84% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -10 253 € · −160.6% vs 2024 · industry median 561 € · above 9% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -4.7 % · −16.7 pp vs the year before · industry median 3.9 % · above 22% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 37 154 € · −0.8% vs 2024Equity, € 2025: 23 956 € · −30.0% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
Company
Industry median
Industry: Specialised construction activities (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
219 822
-10 253
26 733
37 154
23 956
1
2024
140 727
16 917
22 955
37 460
34 209
1
2023
105 785
8 602
17 216
23 014
19 205
1
2022
130 229
-9 962
14 053
15 791
12 111
1
2021
42 425
21 347
7 286
23 399
23 049
1
2020
33 083
-10 276
9 993
3 185
1 731
1
2019
27 216
9 507
2 776
13 928
12 007
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
-4.7 %
Net profit / revenue
Return on equity (ROE)
-42.8 %
Net profit / equity
Return on assets (ROA)
-27.6 %
Net profit / assets
Equity ratio
64.5 %
Equity / assets
Debt ratio
35.5 %
Liabilities / assets
Current ratio
2.47
Current assets / current liabilities
Revenue per employee
219 822 €
Revenue / average full-time employees
Labour cost per employee per month
2 228 €
Labour costs / employees / 12 months (incl. employer taxes)
