Novel Engineering OÜ is a OÜ based in Tallinn, registry code 16112238, status: active. Main activity: Constructional engineering-technical designing and consulting. According to EMTA, turnover for Q3 2026 was €485 822 with 7 employees.
Turnover
485 822 €
↓ 57.8%vs Q2 2026
State taxes
36 592 €
↓ 63.7%vs Q2 2026
Labour taxes
29 832 €
↑ 4.2%vs Q2 2026
Employees
7
−1vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Architectural and engineering activities; technical testing and analysis · EMTAK 71
Turnover · Q3 2026485 822 €
above 98% of companies
industry median 16 250 € · companies in the industry: 2 781
Labour taxes per employee4 262 €
above 87% of companies
industry median 1 751 € · companies in the industry: 1 910
Revenue · 20252.9 mn €
above 98% of companies
industry median 23 548 € · companies in the industry: 4 824
Net profit margin · 20257.8 %
above 41% of companies
industry median 15.1 % · companies in the industry: 3 876
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 485 822 € · −57.8% vs Q2 2026 · industry median 16 250 € · above 98% of the industry
Company
Industry median
Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 4 262 € · +19.1% vs Q2 2026 · industry median 1 751 € · above 87% of the industry
Company
Industry median
Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Revenue, € thousand 2025: 2 903 532 € · +41.0% vs 2024 · industry median 23 548 € · above 98% of the industry
Company
Industry median
Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: 226 222 € · −3.3% vs 2024 · industry median 1 536 € · above 98% of the industry
Company
Industry median
Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 7.8 % · −3.6 pp vs the year before · industry median 15.1 % · above 41% of the industry
Company
Industry median
Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 907 074 € · +39.5% vs 2024Equity, € thousand 2025: 518 673 € · +56.0% vs 2024Employees2025: 5 · +25.0% vs 2024 · industry median 1 · above 88% of the industry
Company
Industry median
Industry: Architectural and engineering activities; technical testing and analysis (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
2 903 532
226 222
232 075
907 074
518 673
5
2024
2 059 484
234 003
120 444
650 451
332 451
4
2023
660 108
44 868
63 401
247 829
160 930
2
2022
679 420
132 779
41 986
196 940
162 462
1
2021
208 484
87 183
9 933
104 001
89 683
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
7.8 %
Net profit / revenue
Return on equity (ROE)
43.6 %
Net profit / equity
Return on assets (ROA)
24.9 %
Net profit / assets
Equity ratio
57.2 %
Equity / assets
Debt ratio
42.8 %
Liabilities / assets
Current ratio
2.33
Current assets / current liabilities
Revenue per employee
580 706 €
Revenue / average full-time employees
Labour cost per employee per month
3 868 €
Labour costs / employees / 12 months (incl. employer taxes)
