Novok Ehitus OÜ

Active Registry code 16076904 OÜ Kehtna alevik Registered 15 Oct 2020
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Novok Ehitus OÜ is a OÜ based in Kehtna alevik, registry code 16076904, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q1 2026 was €-1 365 with employees.

Turnover
-1 365 €
↓ 101.9% vs Q4 2025
State taxes
3 620 €
↓ 33.1% vs Q4 2025
Labour taxes
2 012 €
↓ 26.8% vs Q4 2025
Employees
—

Q1 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Revenue · 2025 380 982 €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 -0.7 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q2 2022 – Q1 2026
Turnover, € thousand Q1 2026: -1 365 € · −101.9% vs Q4 2025 · industry median 20 483 € · above 2% of the industry
-50050100150Q2 2022 Company: 5 668 € Industry median: 28 822 €Q2·22Q3 2022 Company: 3 988 € Industry median: 30 049 €Q4 2022 Company: 0 € Industry median: 29 508 €Q4·22Q1 2023 Company: 0 € Industry median: 22 726 €Q2 2024 Company: — Industry median: 21 373 €Q2·24Q3 2024 Company: 95 440 € Industry median: 26 160 €Q4 2024 Company: 128 420 € Industry median: 25 496 €Q4·24Q1 2025 Company: 59 451 € Industry median: 19 568 €Q2 2025 Company: 138 489 € Industry median: 22 577 €Q2·25Q3 2025 Company: 123 815 € Industry median: 25 533 €Q4 2025 Company: 72 570 € Industry median: 25 721 €Q4·25Q1 2026 Company: -1 365 € Industry median: 20 483 €Q1·26-50050100150Q2 2024 Company: — Industry median: 21 373 €Q3 2024 Company: 95 440 € Industry median: 26 160 €Q3·24Q4 2024 Company: 128 420 € Industry median: 25 496 €Q1 2025 Company: 59 451 € Industry median: 19 568 €Q1·25Q2 2025 Company: 138 489 € Industry median: 22 577 €Q3 2025 Company: 123 815 € Industry median: 25 533 €Q3·25Q4 2025 Company: 72 570 € Industry median: 25 721 €Q1 2026 Company: -1 365 € Industry median: 20 483 €Q1·26
  • 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 2025: 151 € · −83.9% vs Q2 2025 · industry median 1 208 € · above 2% of the industry
01 0002 0003 000Q2 2022 Company: 1 527 € Industry median: 1 054 €Q2·22Q3 2022 Company: 27 € Industry median: 1 108 €Q4 2022 Company: — Industry median: 1 173 €Q4·22Q1 2023 Company: — Industry median: 1 119 €Q2 2024 Company: 2 725 € Industry median: 1 083 €Q2·24Q3 2024 Company: 927 € Industry median: 1 142 €Q4 2024 Company: 2 386 € Industry median: 1 179 €Q4·24Q1 2025 Company: 266 € Industry median: 1 188 €Q2 2025 Company: 938 € Industry median: 1 149 €Q2·25Q3 2025 Company: 151 € Industry median: 1 208 €Q4 2025 Company: — Industry median: 1 254 €Q4·25Q1 2026 Company: — Industry median: 1 183 €Q1·2601 0002 0003 000Q2 2024 Company: 2 725 € Industry median: 1 083 €Q3 2024 Company: 927 € Industry median: 1 142 €Q3·24Q4 2024 Company: 2 386 € Industry median: 1 179 €Q1 2025 Company: 266 € Industry median: 1 188 €Q1·25Q2 2025 Company: 938 € Industry median: 1 149 €Q3 2025 Company: 151 € Industry median: 1 208 €Q3·25Q4 2025 Company: — Industry median: 1 254 €Q1 2026 Company: — Industry median: 1 183 €Q1·26
  • 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 2025: 8 · +33.3% vs Q2 2025
02468Q2 2022 Company: 2Q2·22Q3 2022 Company: 1Q4 2022 Company: —Q4·22Q1 2023 Company: —Q2 2024 Company: 1Q2·24Q3 2024 Company: 5Q4 2024 Company: 4Q4·24Q1 2025 Company: 7Q2 2025 Company: 6Q2·25Q3 2025 Company: 8Q4 2025 Company: —Q4·25Q1 2026 Company: —Q1·2602468Q2 2024 Company: 1Q3 2024 Company: 5Q3·24Q4 2024 Company: 4Q1 2025 Company: 7Q1·25Q2 2025 Company: 6Q3 2025 Company: 8Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26
State taxes, € Q1 2026: 3 620 € · −33.1% vs Q4 2025
010 00020 00030 00040 000Q2 2022 Company: 3 054 €Q2·22Q3 2022 Company: 0 €Q4 2022 Company: 10 €Q4·22Q1 2023 Company: —Q2 2024 Company: 2 662 €Q2·24Q3 2024 Company: 19 740 €Q4 2024 Company: 33 520 €Q4·24Q1 2025 Company: 3 547 €Q2 2025 Company: 18 570 €Q2·25Q3 2025 Company: 3 019 €Q4 2025 Company: 5 415 €Q4·25Q1 2026 Company: 3 620 €Q1·26010 00020 00030 00040 000Q2 2024 Company: 2 662 €Q3 2024 Company: 19 740 €Q3·24Q4 2024 Company: 33 520 €Q1 2025 Company: 3 547 €Q1·25Q2 2025 Company: 18 570 €Q3 2025 Company: 3 019 €Q3·25Q4 2025 Company: 5 415 €Q1 2026 Company: 3 620 €Q1·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q1 2026 -1 365 3 620 2 012 —
Q4 2025 72 570 5 415 2 748 —
Q3 2025 123 815 3 019 1 209 8
Q2 2025 138 489 18 570 5 625 6
Q1 2025 59 451 3 547 1 860 7
Q4 2024 128 420 33 520 9 545 4
Q3 2024 95 440 19 740 4 637 5
Q2 2024 — 2 662 2 725 1
Q1 2023 — — — —
Q4 2022 — 10 104 —
Q3 2022 3 988 — 27 1
Q2 2022 5 668 3 054 3 054 2
Q1 2022 8 200 2 252 2 110 5

Financials by year

2021 – 2025
Revenue, € thousand 2025: 380 982 € · +62.2% vs 2024 · industry median 38 239 € · above 86% of the industry
01002003004002021 Company: 72 929 € Industry median: 38 300 €20212022 Company: 12 927 € Industry median: 39 550 €20222023 Company: 0 € Industry median: 37 270 €20232024 Company: 234 871 € Industry median: 37 693 €20242025 Company: 380 982 € Industry median: 38 239 €202501002003004002021 Company: 72 929 € Industry median: 38 300 €20212022 Company: 12 927 € Industry median: 39 550 €2023 Company: 0 € Industry median: 37 270 €20232024 Company: 234 871 € Industry median: 37 693 €2025 Company: 380 982 € 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, € 2025: -2 560 € · −104.1% vs 2024 · industry median 411 € · above 19% of the industry
-20 000020 00040 00060 00080 0002021 Company: -3 106 € Industry median: 315 €20212022 Company: -9 529 € Industry median: 398 €20222023 Company: 935 € Industry median: 253 €20232024 Company: 62 874 € Industry median: 108 €20242025 Company: -2 560 € Industry median: 411 €2025-20 000020 00040 00060 00080 0002021 Company: -3 106 € Industry median: 315 €20212022 Company: -9 529 € Industry median: 398 €2023 Company: 935 € Industry median: 253 €20232024 Company: 62 874 € Industry median: 108 €2025 Company: -2 560 € 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: -0.7 % · −27.4 pp vs the year before · industry median 3.5 % · above 29% of the industry
-75-50-25025502021 Company: -4.3 % Industry median: 3.8 %20212022 Company: -73.7 % Industry median: 3.9 %20222023 Company: — Industry median: 3.9 %20232024 Company: 26.8 % Industry median: 2.8 %20242025 Company: -0.7 % Industry median: 3.5 %2025-75-50-25025502021 Company: -4.3 % Industry median: 3.8 %20212022 Company: -73.7 % Industry median: 3.9 %2023 Company: — Industry median: 3.9 %20232024 Company: 26.8 % Industry median: 2.8 %2025 Company: -0.7 % 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: 118 672 € · +68.5% vs 2024
02550751001252021 Company: 12 793 €20212022 Company: 15 448 €20222023 Company: 15 016 €20232024 Company: 70 438 €20242025 Company: 118 672 €202502550751001252021 Company: 12 793 €20212022 Company: 15 448 €2023 Company: 15 016 €20232024 Company: 70 438 €2025 Company: 118 672 €2025
Equity, € 2025: 51 114 € · −4.8% vs 2024
-20 000020 00040 00060 0002021 Company: -606 €20212022 Company: 2 565 €20222023 Company: 3 500 €20232024 Company: 53 674 €20242025 Company: 51 114 €2025-20 000020 00040 00060 0002021 Company: -606 €20212022 Company: 2 565 €2023 Company: 3 500 €20232024 Company: 53 674 €2025 Company: 51 114 €2025
Employees 2025: 4 · +100.0% vs 2024 · industry median 2 · above 75% of the industry
012342021 Company: 2 Industry median: 220212022 Company: 2 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 2 Industry median: 220242025 Company: 4 Industry median: 22025012342021 Company: 2 Industry median: 220212022 Company: 2 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 2 Industry median: 22025 Company: 4 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 380 982 -2 560 64 664 118 672 51 114 4
2024 234 871 62 874 28 613 70 438 53 674 2
2023 0 935 0 15 016 3 500 0
2022 12 927 -9 529 22 329 15 448 2 565 2
2021 72 929 -3 106 41 992 12 793 -606 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
-0.7 %
Net profit / revenue
Return on equity (ROE)
-5.0 %
Net profit / equity
Return on assets (ROA)
-2.2 %
Net profit / assets
Equity ratio
43.1 %
Equity / assets
Debt ratio
56.9 %
Liabilities / assets
Current ratio
1.76
Current assets / current liabilities
Revenue per employee
95 246 €
Revenue / average full-time employees
Labour cost per employee per month
1 347 €
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 6 Mar 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 1 Apr 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 21 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 29 Jun 2023 Company’s own e-Äriregister
2021 15 Oct 2020 – 31 Dec 2021 26 Jun 2023 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

  • Argo Tamme
    Direct ownership · since 17 Dec 2020

Founders and other persons

No 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 50157473 / 5
26 Jan 2026
Amendment entry In force
26 Jan 2026
PDF
Ä 50157473 / 4
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50157473 / 3
21 Dec 2020
Transformation entry In force
21 Dec 2020
PDF
Ä 50157473 / 2
17 Dec 2020
Amendment entry In force
17 Dec 2020
PDF
Ä 50157473
15 Oct 2020
First entry In force
15 Oct 2020
PDF

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