Velak Ehitab OÜ is a OÜ based in Raadi alev, registry code 14922460, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €108 332 with 3 employees.
Turnover
108 332 €
↑ 64.6%vs Q2 2026
State taxes
22 102 €
↑ 44.4%vs Q2 2026
Labour taxes
6 592 €
↑ 52.7%vs Q2 2026
Employees
3
−1vs 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 2026108 332 €
above 80% of companies
industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee2 197 €
above 80% of companies
industry median 1 211 € · companies in the industry: 4 133
Revenue · 202591 601 €
above 67% of companies
industry median 38 239 € · companies in the industry: 6 999
Net profit margin · 20254.0 %
above 52% of companies
industry median 3.5 % · companies in the industry: 5 561
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 108 332 € · +64.6% vs Q2 2026 · industry median 25 252 € · above 80% 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: 2 197 € · +103.6% vs Q2 2026 · industry median 1 211 € · above 80% 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.
EmployeesQ3 2026: 3 · −25.0% vs Q2 2026State taxes, € Q3 2026: 22 102 € · +44.4% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
108 332
22 102
6 592
3
Q2 2026
65 823
15 301
4 317
4
Q1 2026
11 765
4 080
2 493
2
Q4 2025
26 250
5 253
2 959
2
Q3 2025
26 104
4 220
2 329
2
Q2 2025
20 660
6 465
4 421
2
Q1 2025
29 744
6 714
4 859
3
Q4 2024
49 157
6 666
5 213
4
Q3 2024
31 190
6 082
3 685
3
Q2 2024
51 363
10 374
3 485
3
Q1 2024
58 709
6 827
3 822
3
Q4 2023
110 481
4 434
3 822
3
Q3 2023
231 164
13 677
3 614
3
Q2 2023
143 049
7 378
2 810
3
Q1 2023
22 705
2 916
1 854
2
Q4 2022
39 519
2 585
1 669
2
Q3 2022
41 796
4 930
1 669
2
Q2 2022
73 425
5 443
1 669
2
Q1 2022
49 035
6 636
1 535
2
Labour taxes per employee per month
732 €
Turnover per employee in the quarter
36 111 €
Q3 2026 · calculated from EMTA data
Financials by year
2020 – 2025
Revenue, € thousand 2025: 91 601 € · −44.1% vs 2024 · industry median 38 239 € · above 67% 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: 3 682 € · +817.7% vs 2024 · industry median 411 € · 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.
Net profit margin, % 2025: 4.0 % · +4.3 pp vs the year before · industry median 3.5 % · above 52% 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, € 2025: 58 174 € · −0.6% vs 2024Equity, € 2025: 52 814 € · +7.5% vs 2024Employees2025: 2 · −33.3% vs 2024 · industry median 2 · above 50% 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
91 601
3 682
38 166
58 174
52 814
2
2024
163 858
-513
49 176
58 552
49 132
3
2023
511 813
13 382
39 387
55 135
49 645
3
2022
185 845
19 769
21 546
38 454
36 263
2
2021
103 728
7 149
17 983
20 819
16 494
2
2020
129 138
6 845
11 644
21 925
9 345
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
4.0 %
Net profit / revenue
Return on equity (ROE)
7.0 %
Net profit / equity
Return on assets (ROA)
6.3 %
Net profit / assets
Equity ratio
90.8 %
Equity / assets
Debt ratio
9.2 %
Liabilities / assets
Current ratio
7.45
Current assets / current liabilities
Revenue per employee
45 801 €
Revenue / average full-time employees
Labour cost per employee per month
1 590 €
Labour costs / employees / 12 months (incl. employer taxes)
