V.M Rakennus OÜ

Active Registry code 14887840 OÜ Tallinn Registered 14 Jan 2020
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V.M Rakennus OÜ is a OÜ based in Tallinn, registry code 14887840, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €857 871 with 19 employees.

Turnover
857 871 €
↑ 9.0% vs Q2 2026
State taxes
105 384 €
↑ 23.4% vs Q2 2026
Labour taxes
31 566 €
↑ 70.3% vs Q2 2026
Employees
19
−3 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 857 871 €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 1 661 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 2.1 mn €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 0.3 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 857 871 € · +9.0% vs Q2 2026 · industry median 25 252 € · above 98% of the industry
02004006008001 000Q4 2023 Company: 521 613 € Industry median: 26 427 €Q4·23Q1 2024 Company: 223 616 € Industry median: 19 618 €Q2 2024 Company: 348 597 € Industry median: 21 373 €Q2·24Q3 2024 Company: 568 341 € Industry median: 26 160 €Q4 2024 Company: 775 877 € Industry median: 25 496 €Q4·24Q1 2025 Company: 370 351 € Industry median: 19 568 €Q2 2025 Company: 417 670 € Industry median: 22 577 €Q2·25Q3 2025 Company: 799 513 € Industry median: 25 533 €Q4 2025 Company: 713 922 € Industry median: 25 721 €Q4·25Q1 2026 Company: 556 107 € Industry median: 20 483 €Q2 2026 Company: 786 788 € Industry median: 22 672 €Q2·26Q3 2026 Company: 857 871 € Industry median: 25 252 €Q3·2602004006008001 000Q4 2024 Company: 775 877 € Industry median: 25 496 €Q1 2025 Company: 370 351 € Industry median: 19 568 €Q1·25Q2 2025 Company: 417 670 € Industry median: 22 577 €Q3 2025 Company: 799 513 € Industry median: 25 533 €Q3·25Q4 2025 Company: 713 922 € Industry median: 25 721 €Q1 2026 Company: 556 107 € Industry median: 20 483 €Q1·26Q2 2026 Company: 786 788 € Industry median: 22 672 €Q3 2026 Company: 857 871 € 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, € Q3 2026: 1 661 € · +97.2% vs Q2 2026 · industry median 1 211 € · above 68% of the industry
01 0002 0003 000Q4 2023 Company: 1 802 € Industry median: 1 145 €Q4·23Q1 2024 Company: 2 320 € Industry median: 1 097 €Q2 2024 Company: 919 € Industry median: 1 083 €Q2·24Q3 2024 Company: 1 893 € Industry median: 1 142 €Q4 2024 Company: 1 287 € Industry median: 1 179 €Q4·24Q1 2025 Company: 2 575 € Industry median: 1 188 €Q2 2025 Company: 1 558 € Industry median: 1 149 €Q2·25Q3 2025 Company: 1 998 € Industry median: 1 208 €Q4 2025 Company: 1 296 € Industry median: 1 254 €Q4·25Q1 2026 Company: 1 711 € Industry median: 1 183 €Q2 2026 Company: 843 € Industry median: 1 166 €Q2·26Q3 2026 Company: 1 661 € Industry median: 1 211 €Q3·2601 0002 0003 000Q4 2024 Company: 1 287 € Industry median: 1 179 €Q1 2025 Company: 2 575 € Industry median: 1 188 €Q1·25Q2 2025 Company: 1 558 € Industry median: 1 149 €Q3 2025 Company: 1 998 € Industry median: 1 208 €Q3·25Q4 2025 Company: 1 296 € Industry median: 1 254 €Q1 2026 Company: 1 711 € Industry median: 1 183 €Q1·26Q2 2026 Company: 843 € Industry median: 1 166 €Q3 2026 Company: 1 661 € 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: 19 · −13.6% vs Q2 2026
0510152025Q4 2023 Company: 6Q4·23Q1 2024 Company: 6Q2 2024 Company: 11Q2·24Q3 2024 Company: 15Q4 2024 Company: 24Q4·24Q1 2025 Company: 16Q2 2025 Company: 22Q2·25Q3 2025 Company: 19Q4 2025 Company: 24Q4·25Q1 2026 Company: 19Q2 2026 Company: 22Q2·26Q3 2026 Company: 19Q3·260510152025Q4 2024 Company: 24Q1 2025 Company: 16Q1·25Q2 2025 Company: 22Q3 2025 Company: 19Q3·25Q4 2025 Company: 24Q1 2026 Company: 19Q1·26Q2 2026 Company: 22Q3 2026 Company: 19Q3·26
State taxes, € thousand Q3 2026: 105 384 € · +23.4% vs Q2 2026
0255075100125Q4 2023 Company: 40 394 €Q4·23Q1 2024 Company: 21 249 €Q2 2024 Company: 24 471 €Q2·24Q3 2024 Company: 68 443 €Q4 2024 Company: 75 828 €Q4·24Q1 2025 Company: 70 350 €Q2 2025 Company: 66 598 €Q2·25Q3 2025 Company: 82 658 €Q4 2025 Company: 73 110 €Q4·25Q1 2026 Company: 63 876 €Q2 2026 Company: 85 379 €Q2·26Q3 2026 Company: 105 384 €Q3·260255075100125Q4 2024 Company: 75 828 €Q1 2025 Company: 70 350 €Q1·25Q2 2025 Company: 66 598 €Q3 2025 Company: 82 658 €Q3·25Q4 2025 Company: 73 110 €Q1 2026 Company: 63 876 €Q1·26Q2 2026 Company: 85 379 €Q3 2026 Company: 105 384 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 857 871 105 384 31 566 19
Q2 2026 786 788 85 379 18 535 22
Q1 2026 556 107 63 876 32 515 19
Q4 2025 713 922 73 110 31 113 24
Q3 2025 799 513 82 658 37 966 19
Q2 2025 417 670 66 598 34 266 22
Q1 2025 370 351 70 350 41 206 16
Q4 2024 775 877 75 828 30 884 24
Q3 2024 568 341 68 443 28 395 15
Q2 2024 348 597 24 471 10 108 11
Q1 2024 223 616 21 249 13 919 6
Q4 2023 521 613 40 394 10 809 6
Q3 2023 277 974 29 019 8 606 5
Q2 2023 177 156 42 180 12 579 4
Q1 2023 247 357 49 063 14 665 6
Q4 2022 411 878 65 559 15 277 8
Q3 2022 323 185 47 537 10 189 9
Q2 2022 233 681 28 248 8 776 8
Q1 2022 185 664 20 348 2 086 8
Labour taxes per employee per month
554 €
Turnover per employee in the quarter
45 151 €

Q3 2026 · calculated from EMTA data

Financials by year

2020 – 2025
Revenue, € thousand 2025: 2 091 381 € · +12.6% vs 2024 · industry median 38 239 € · above 98% of the industry
05001 0001 5002 0002 5002020 Company: 453 927 € Industry median: 35 421 €20202021 Company: 959 826 € Industry median: 38 300 €20212022 Company: 1 120 528 € Industry median: 39 550 €20222023 Company: 1 155 123 € Industry median: 37 270 €20232024 Company: 1 856 940 € Industry median: 37 693 €20242025 Company: 2 091 381 € Industry median: 38 239 €202505001 0001 5002 0002 5002020 Company: 453 927 € Industry median: 35 421 €2021 Company: 959 826 € Industry median: 38 300 €20212022 Company: 1 120 528 € Industry median: 39 550 €2023 Company: 1 155 123 € Industry median: 37 270 €20232024 Company: 1 856 940 € Industry median: 37 693 €2025 Company: 2 091 381 € Industry median: 38 239 €2025
  • 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, € thousand 2025: 7 017 € · −98.4% vs 2024 · industry median 411 € · above 71% of the industry
-400-20002004006002020 Company: 175 451 € Industry median: 281 €20202021 Company: 88 732 € Industry median: 315 €20212022 Company: 51 313 € Industry median: 398 €20222023 Company: -305 775 € Industry median: 253 €20232024 Company: 450 385 € Industry median: 108 €20242025 Company: 7 017 € Industry median: 411 €2025-400-20002004006002020 Company: 175 451 € Industry median: 281 €2021 Company: 88 732 € Industry median: 315 €20212022 Company: 51 313 € Industry median: 398 €2023 Company: -305 775 € Industry median: 253 €20232024 Company: 450 385 € Industry median: 108 €2025 Company: 7 017 € Industry median: 411 €2025
  • 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: 0.3 % · −23.9 pp vs the year before · industry median 3.5 % · above 34% of the industry
-40-20020402020 Company: 38.7 % Industry median: 4.0 %20202021 Company: 9.2 % Industry median: 3.8 %20212022 Company: 4.6 % Industry median: 3.9 %20222023 Company: -26.5 % Industry median: 3.9 %20232024 Company: 24.3 % Industry median: 2.8 %20242025 Company: 0.3 % Industry median: 3.5 %2025-40-20020402020 Company: 38.7 % Industry median: 4.0 %2021 Company: 9.2 % Industry median: 3.8 %20212022 Company: 4.6 % Industry median: 3.9 %2023 Company: -26.5 % Industry median: 3.9 %20232024 Company: 24.3 % Industry median: 2.8 %2025 Company: 0.3 % Industry median: 3.5 %2025
  • 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: 819 462 € · +28.2% vs 2024
02004006008001 0002020 Company: 196 673 €20202021 Company: 334 228 €20212022 Company: 412 644 €20222023 Company: 243 518 €20232024 Company: 639 089 €20242025 Company: 819 462 €202502004006008001 0002020 Company: 196 673 €2021 Company: 334 228 €20212022 Company: 412 644 €2023 Company: 243 518 €20232024 Company: 639 089 €2025 Company: 819 462 €2025
Equity, € thousand 2025: 458 101 € · −0.0% vs 2024
01002003004005002020 Company: 177 951 €20202021 Company: 266 683 €20212022 Company: 318 352 €20222023 Company: 12 577 €20232024 Company: 458 124 €20242025 Company: 458 101 €202501002003004005002020 Company: 177 951 €2021 Company: 266 683 €20212022 Company: 318 352 €2023 Company: 12 577 €20232024 Company: 458 124 €2025 Company: 458 101 €2025
Employees 2025: 18 · +28.6% vs 2024 · industry median 2 · above 98% of the industry
051015202020 Company: 3 Industry median: 220202021 Company: 8 Industry median: 220212022 Company: 6 Industry median: 220222023 Company: 6 Industry median: 220232024 Company: 14 Industry median: 220242025 Company: 18 Industry median: 22025051015202020 Company: 3 Industry median: 22021 Company: 8 Industry median: 220212022 Company: 6 Industry median: 22023 Company: 6 Industry median: 220232024 Company: 14 Industry median: 22025 Company: 18 Industry median: 22025
  • 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 2 091 381 7 017 379 404 819 462 458 101 18
2024 1 856 940 450 385 273 271 639 089 458 124 14
2023 1 155 123 -305 775 106 970 243 518 12 577 6
2022 1 120 528 51 313 118 818 412 644 318 352 6
2021 959 826 88 732 93 903 334 228 266 683 8
2020 453 927 175 451 23 252 196 673 177 951 3

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
0.3 %
Net profit / revenue
Return on equity (ROE)
1.5 %
Net profit / equity
Return on assets (ROA)
0.9 %
Net profit / assets
Equity ratio
55.9 %
Equity / assets
Debt ratio
44.1 %
Liabilities / assets
Current ratio
2.10
Current assets / current liabilities
Revenue per employee
116 188 €
Revenue / average full-time employees
Labour cost per employee per month
1 757 €
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 25 Mar 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 7 Feb 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 3 May 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 2 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Jun 2022 Company’s own e-Äriregister
2020 14 Jan 2020 – 31 Dec 2020 14 Jan 2022 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

  • Marat Gavrilov
    Member of a senior management body (management or supervisory board) · since 8 Jul 2021

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50137285 / 7
25 Jun 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
25 Jun 2025
PDF
Ä 50137285 / 6
6 May 2024
Amendment entry In force
6 May 2024
PDF
Ä 50137285 / 5
24 Apr 2024
Amendment entry In force
24 Apr 2024
PDF
Ä 50137285 / 4
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50137285 / 3
25 May 2021
Amendment entry In force
25 May 2021
PDF
Ä 50137285 / 2
17 Jul 2020
Amendment entry In force
17 Jul 2020
PDF
Ä 50137285
14 Jan 2020
First entry In force
14 Jan 2020
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data