THL Ehitus OÜ is a OÜ based in Tartu linn, registry code 16197559, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €22 581 with 4 employees.
Turnover
22 581 €
↓ 9.8%vs Q2 2026
State taxes
9 405 €
↓ 8.5%vs Q2 2026
Labour taxes
5 991 €
↑ 18.8%vs Q2 2026
Employees
4
±0vs 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 202622 581 €
above 47% of companies
industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee1 498 €
above 63% of companies
industry median 1 211 € · companies in the industry: 4 133
Revenue · 202574 505 €
above 63% of companies
industry median 38 239 € · companies in the industry: 6 999
Net profit margin · 20250.9 %
above 38% of companies
industry median 3.5 % · companies in the industry: 5 561
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 22 581 € · −9.8% vs Q2 2026 · industry median 25 252 € · above 47% 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: 1 498 € · +18.8% vs Q2 2026 · industry median 1 211 € · above 63% 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: 4 · +0.0% vs Q2 2026State taxes, € Q3 2026: 9 405 € · −8.5% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
22 581
9 405
5 991
4
Q2 2026
25 029
10 283
5 043
4
Q1 2026
21 181
7 212
3 803
4
Q4 2025
19 168
8 382
4 083
3
Q3 2025
13 950
5 337
3 757
3
Q2 2025
17 730
5 490
2 549
3
Q1 2025
36 151
4 248
3 603
3
Q4 2024
23 815
4 441
3 389
3
Q3 2024
26 954
4 397
2 111
3
Q2 2024
10 155
2 482
1 815
2
Q1 2024
16 530
5 282
2 052
2
Q4 2023
27 830
7 495
2 171
2
Q3 2023
5 864
3 264
2 232
2
Q2 2023
5 444
2 958
1 995
2
Q1 2023
6 140
3 320
2 229
2
Q4 2022
4 945
2 303
1 438
2
Q3 2022
4 750
1 954
1 103
1
Q2 2022
460
—
—
2
Q1 2022
3 940
737
765
—
Labour taxes per employee per month
499 €
Turnover per employee in the quarter
5 645 €
Q3 2026 · calculated from EMTA data
Financials by year
2021 – 2025
Revenue, € 2025: 74 505 € · −14.2% vs 2024 · industry median 38 239 € · above 63% 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: 670 € · −90.3% vs 2024 · industry median 411 € · 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.
Net profit margin, % 2025: 0.9 % · −7.1 pp vs the year before · industry median 3.5 % · above 38% 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: 71 410 € · +21.5% vs 2024Equity, € 2025: 33 329 € · +2.1% vs 2024Employees2025: 3 · +50.0% vs 2024 · industry median 2 · 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.
Financials by year
Year
Revenue, €
Net profit, €
Labour costs, €
Assets, €
Equity, €
Employees
2025
74 505
670
42 125
71 410
33 329
3
2024
86 831
6 925
32 414
58 792
32 658
2
2023
51 098
22 681
24 750
40 699
25 736
2
2022
12 025
-4 378
12 641
24 916
3 055
1
2021
62 067
-67
41 888
5 901
-67
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
0.9 %
Net profit / revenue
Return on equity (ROE)
2.0 %
Net profit / equity
Return on assets (ROA)
0.9 %
Net profit / assets
Equity ratio
46.7 %
Equity / assets
Debt ratio
53.3 %
Liabilities / assets
Current ratio
1.40
Current assets / current liabilities
Revenue per employee
24 835 €
Revenue / average full-time employees
Labour cost per employee per month
1 170 €
Labour costs / employees / 12 months (incl. employer taxes)
