SimWorks OÜ

Active Registry code 14838209 OÜ Tallinn Registered 31 Oct 2019
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SimWorks OÜ is a OÜ based in Tallinn, registry code 14838209, status: active. Main activity: Construction of residential and non-residential buildings. Its annual report for 2024 shows revenue of €33 179 and 1 employees.

Turnover
—
State taxes
—
Labour taxes
—
Employees
2
+1 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

  • Revenue · 2024 33 179 €
    industry median 37 686 € · companies in the industry: 7 373
  • Net profit margin · 2024 21.5 %
    industry median 2.8 % · companies in the industry: 5 757

Taxes and turnover

Q1 2023 – Q3 2026
Turnover, € Q2 2026: 76 050 € · industry median 22 672 € · above 75% of the industry
020 00040 00060 00080 000Q1 2023 Company: — Industry median: 22 726 €Q1·23Q2 2023 Company: — Industry median: 24 000 €Q3 2023 Company: — Industry median: 27 263 €Q3·23Q4 2023 Company: — Industry median: 26 427 €Q1 2024 Company: — Industry median: 19 618 €Q1·24Q2 2024 Company: — Industry median: 21 373 €Q2 2025 Company: — Industry median: 22 577 €Q2·25Q3 2025 Company: — Industry median: 25 533 €Q4 2025 Company: — Industry median: 25 721 €Q4·25Q1 2026 Company: — Industry median: 20 483 €Q2 2026 Company: 76 050 € Industry median: 22 672 €Q2·26Q3 2026 Company: — Industry median: 25 252 €Q3·26020 00040 00060 00080 000Q1 2024 Company: — Industry median: 19 618 €Q2 2024 Company: — Industry median: 21 373 €Q2·24Q2 2025 Company: — Industry median: 22 577 €Q3 2025 Company: — Industry median: 25 533 €Q3·25Q4 2025 Company: — Industry median: 25 721 €Q1 2026 Company: — Industry median: 20 483 €Q1·26Q2 2026 Company: 76 050 € Industry median: 22 672 €Q3 2026 Company: — Industry median: 25 252 €Q3·26
  • 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, € Q2 2026: 0 € · −100.0% vs Q1 2026 · industry median 1 166 € · above 2% of the industry
05001 0001 500Q1 2023 Company: — Industry median: 1 119 €Q1·23Q2 2023 Company: — Industry median: 1 060 €Q3 2023 Company: — Industry median: 1 118 €Q3·23Q4 2023 Company: — Industry median: 1 145 €Q1 2024 Company: — Industry median: 1 097 €Q1·24Q2 2024 Company: — Industry median: 1 083 €Q2 2025 Company: — Industry median: 1 149 €Q2·25Q3 2025 Company: 173 € Industry median: 1 208 €Q4 2025 Company: — Industry median: 1 254 €Q4·25Q1 2026 Company: 70 € Industry median: 1 183 €Q2 2026 Company: 0 € Industry median: 1 166 €Q2·26Q3 2026 Company: — Industry median: 1 211 €Q3·2605001 0001 500Q1 2024 Company: — Industry median: 1 097 €Q2 2024 Company: — Industry median: 1 083 €Q2·24Q2 2025 Company: — Industry median: 1 149 €Q3 2025 Company: 173 € Industry median: 1 208 €Q3·25Q4 2025 Company: — Industry median: 1 254 €Q1 2026 Company: 70 € Industry median: 1 183 €Q1·26Q2 2026 Company: 0 € Industry median: 1 166 €Q3 2026 Company: — Industry median: 1 211 €Q3·26
  • 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 · +100.0% vs Q2 2026
0123Q1 2023 Company: —Q1·23Q2 2023 Company: —Q3 2023 Company: —Q3·23Q4 2023 Company: —Q1 2024 Company: —Q1·24Q2 2024 Company: —Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q4 2025 Company: —Q4·25Q1 2026 Company: 3Q2 2026 Company: 1Q2·26Q3 2026 Company: 2Q3·260123Q1 2024 Company: —Q2 2024 Company: —Q2·24Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: —Q1 2026 Company: 3Q1·26Q2 2026 Company: 1Q3 2026 Company: 2Q3·26
State taxes, € Q2 2026: 12 € · −93.2% vs Q1 2026
05001 0001 5002 000Q1 2023 Company: 699 €Q1·23Q2 2023 Company: 468 €Q3 2023 Company: 1 005 €Q3·23Q4 2023 Company: 1 077 €Q1 2024 Company: 24 €Q1·24Q2 2024 Company: 1 090 €Q2 2025 Company: —Q2·25Q3 2025 Company: 325 €Q4 2025 Company: 1 919 €Q4·25Q1 2026 Company: 176 €Q2 2026 Company: 12 €Q2·26Q3 2026 Company: —Q3·2605001 0001 5002 000Q1 2024 Company: 24 €Q2 2024 Company: 1 090 €Q2·24Q2 2025 Company: —Q3 2025 Company: 325 €Q3·25Q4 2025 Company: 1 919 €Q1 2026 Company: 176 €Q1·26Q2 2026 Company: 12 €Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — — — 2
Q2 2026 76 050 12 — 1
Q1 2026 — 176 210 3
Q4 2025 — 1 919 2 004 —
Q3 2025 — 325 346 2
Q2 2025 — — — 2
Q2 2024 — 1 090 1 090 —
Q1 2024 — 24 24 —
Q4 2023 — 1 077 1 077 —
Q3 2023 — 1 005 1 066 —
Q2 2023 — 468 496 —
Q1 2023 — 699 741 —
Q4 2022 — 839 889 —
Q3 2022 — 414 439 —
Q2 2022 — 1 297 1 375 —
Q1 2022 — 1 358 1 440 —

Financials by year

2020 – 2024
Revenue, € 2024: 33 179 € · −47.5% vs 2023 · industry median 37 686 € · above 47% of the industry
020 00040 00060 00080 000100 0002020 Company: 37 352 € Industry median: 35 421 €20202021 Company: 65 590 € Industry median: 38 277 €20212022 Company: 87 934 € Industry median: 39 545 €20222023 Company: 63 150 € Industry median: 37 262 €20232024 Company: 33 179 € Industry median: 37 686 €2024020 00040 00060 00080 000100 0002020 Company: 37 352 € Industry median: 35 421 €20202021 Company: 65 590 € Industry median: 38 277 €2022 Company: 87 934 € Industry median: 39 545 €20222023 Company: 63 150 € Industry median: 37 262 €2024 Company: 33 179 € Industry median: 37 686 €2024
  • 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, € 2024: 7 150 € · +386.4% vs 2023 · industry median 108 € · above 73% of the industry
-5 00005 00010 00015 0002020 Company: 11 502 € Industry median: 281 €20202021 Company: -1 783 € Industry median: 315 €20212022 Company: 11 529 € Industry median: 398 €20222023 Company: 1 470 € Industry median: 253 €20232024 Company: 7 150 € Industry median: 108 €2024-5 00005 00010 00015 0002020 Company: 11 502 € Industry median: 281 €20202021 Company: -1 783 € Industry median: 315 €2022 Company: 11 529 € Industry median: 398 €20222023 Company: 1 470 € Industry median: 253 €2024 Company: 7 150 € Industry median: 108 €2024
  • 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, % 2024: 21.5 % · +19.2 pp vs the year before · industry median 2.8 % · above 80% of the industry
-100102030402020 Company: 30.8 % Industry median: 4.0 %20202021 Company: -2.7 % Industry median: 3.8 %20212022 Company: 13.1 % Industry median: 3.9 %20222023 Company: 2.3 % Industry median: 3.9 %20232024 Company: 21.5 % Industry median: 2.8 %2024-100102030402020 Company: 30.8 % Industry median: 4.0 %20202021 Company: -2.7 % Industry median: 3.8 %2022 Company: 13.1 % Industry median: 3.9 %20222023 Company: 2.3 % Industry median: 3.9 %2024 Company: 21.5 % Industry median: 2.8 %2024
  • 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, € 2024: 32 581 € · +4.7% vs 2023
010 00020 00030 00040 0002020 Company: 17 337 €20202021 Company: 28 752 €20212022 Company: 35 420 €20222023 Company: 31 116 €20232024 Company: 32 581 €2024010 00020 00030 00040 0002020 Company: 17 337 €20202021 Company: 28 752 €2022 Company: 35 420 €20222023 Company: 31 116 €2024 Company: 32 581 €2024
Equity, € 2024: 32 346 € · +28.4% vs 2023
010 00020 00030 00040 0002020 Company: 14 010 €20202021 Company: 12 197 €20212022 Company: 23 726 €20222023 Company: 25 196 €20232024 Company: 32 346 €2024010 00020 00030 00040 0002020 Company: 14 010 €20202021 Company: 12 197 €2022 Company: 23 726 €20222023 Company: 25 196 €2024 Company: 32 346 €2024
Employees 2024: 1 · +0.0% vs 2023 · industry median 2 · above 5% of the industry
0.00.51.01.52.02020 Company: 1 Industry median: 220202021 Company: 1 Industry median: 220212022 Company: 1 Industry median: 220222023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 220240.00.51.01.52.02020 Company: 1 Industry median: 220202021 Company: 1 Industry median: 22022 Company: 1 Industry median: 220222023 Company: 1 Industry median: 22024 Company: 1 Industry median: 22024
  • 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
2024 33 179 7 150 6 436 32 581 32 346 1
2023 63 150 1 470 19 204 31 116 25 196 1
2022 87 934 11 529 22 121 35 420 23 726 1
2021 65 590 -1 783 29 418 28 752 12 197 1
2020 37 352 11 502 16 339 17 337 14 010 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 2024

Net profit margin
21.5 %
Net profit / revenue
Return on equity (ROE)
22.1 %
Net profit / equity
Return on assets (ROA)
21.9 %
Net profit / assets
Equity ratio
99.3 %
Equity / assets
Debt ratio
0.7 %
Liabilities / assets
Current ratio
90.89
Current assets / current liabilities
Revenue per employee
33 179 €
Revenue / average full-time employees
Labour cost per employee per month
536 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 13 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 16 May 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 28 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Jun 2022 Company’s own e-Äriregister
2020 31 Oct 2019 – 31 Dec 2020 29 Jun 2021 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

Founders and other persons

No other persons.

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50131963 / 13
21 May 2026
Entry refused: deficiencies not eliminated In force
19 Jun 2026
PDF
Ä 50131963 / M2
6 Apr 2026
Ruling to eliminate deficiencies 20 May 2026 In force
21 May 2026
PDF
Ä 50131963 / 12
2 Dec 2025
Amendment entry In force
2 Dec 2025
PDF
Ä 50131963 / 11
27 Nov 2025
Amendment entry In force
27 Nov 2025
PDF
Ä 50131963 / 10
26 Nov 2025
Amendment entry In force
26 Nov 2025
PDF
Ä 50131963 / 9
18 Nov 2025
Entry refused In force
5 Dec 2025
PDF
Ä 50131963 / 8
4 Mar 2025
Amendment entry In force
4 Mar 2025
PDF
Ä 50131963 / 7
27 Jan 2025
Amendment entry In force
27 Jan 2025
PDF
Ä 50131963 / 6
24 Jan 2025
Amendment entry In force
24 Jan 2025
PDF
Ä 50131963 / M1
10 Jan 2025
Ruling to eliminate deficiencies 25 Jan 2025 Deficiencies eliminated
24 Jan 2025
PDF
Ä 50131963 / 5
23 Dec 2024
Entry refused In force
8 Jan 2025
PDF
Ä 50131963 / 4
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50131963 / 3
3 Mar 2020
Transformation entry In force
3 Mar 2020
PDF
Ä 50131963 / 2
28 Feb 2020
Amendment entry In force
28 Feb 2020
PDF
Ä 50131963
31 Oct 2019
First entry In force
31 Oct 2019
PDF

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