Germax Group OÜ

Active Registry code 16205224 OÜ Saare küla Registered 13 Apr 2021
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Germax Group OÜ is a OÜ based in Saare küla, registry code 16205224, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €57 819 with 4 employees.

Turnover
57 819 €
↑ 22.5% vs Q2 2026
State taxes
5 298 €
↑ 55.0% vs Q2 2026
Labour taxes
3 709 €
↑ 2.3% vs Q2 2026
Employees
4
+1 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 57 819 €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 927 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 196 472 €
    industry median 38 239 € · companies in the industry: 7 000
  • Net profit margin · 2025 27.4 %
    industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 57 819 € · +22.5% vs Q2 2026 · industry median 25 252 € · above 68% of the industry
020 00040 00060 00080 000Q4 2023 Company: 41 333 € Industry median: 26 427 €Q4·23Q1 2024 Company: 25 936 € Industry median: 19 618 €Q2 2024 Company: 38 036 € Industry median: 21 373 €Q2·24Q3 2024 Company: 48 144 € Industry median: 26 160 €Q4 2024 Company: 64 349 € Industry median: 25 496 €Q4·24Q1 2025 Company: 45 252 € Industry median: 19 568 €Q2 2025 Company: 51 904 € Industry median: 22 577 €Q2·25Q3 2025 Company: 43 776 € Industry median: 25 533 €Q4 2025 Company: 52 017 € Industry median: 25 721 €Q4·25Q1 2026 Company: 40 848 € Industry median: 20 483 €Q2 2026 Company: 47 214 € Industry median: 22 672 €Q2·26Q3 2026 Company: 57 819 € Industry median: 25 252 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 64 349 € Industry median: 25 496 €Q1 2025 Company: 45 252 € Industry median: 19 568 €Q1·25Q2 2025 Company: 51 904 € Industry median: 22 577 €Q3 2025 Company: 43 776 € Industry median: 25 533 €Q3·25Q4 2025 Company: 52 017 € Industry median: 25 721 €Q1 2026 Company: 40 848 € Industry median: 20 483 €Q1·26Q2 2026 Company: 47 214 € Industry median: 22 672 €Q3 2026 Company: 57 819 € 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: 927 € · −23.2% vs Q2 2026 · industry median 1 211 € · above 30% of the industry
05001 0001 5002 000Q4 2023 Company: 1 229 € Industry median: 1 145 €Q4·23Q1 2024 Company: 1 075 € Industry median: 1 097 €Q2 2024 Company: 826 € Industry median: 1 083 €Q2·24Q3 2024 Company: 1 194 € Industry median: 1 142 €Q4 2024 Company: 1 653 € Industry median: 1 179 €Q4·24Q1 2025 Company: 1 233 € Industry median: 1 188 €Q2 2025 Company: 1 248 € Industry median: 1 149 €Q2·25Q3 2025 Company: 1 254 € Industry median: 1 208 €Q4 2025 Company: 1 327 € Industry median: 1 254 €Q4·25Q1 2026 Company: 1 253 € Industry median: 1 183 €Q2 2026 Company: 1 208 € Industry median: 1 166 €Q2·26Q3 2026 Company: 927 € Industry median: 1 211 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 653 € Industry median: 1 179 €Q1 2025 Company: 1 233 € Industry median: 1 188 €Q1·25Q2 2025 Company: 1 248 € Industry median: 1 149 €Q3 2025 Company: 1 254 € Industry median: 1 208 €Q3·25Q4 2025 Company: 1 327 € Industry median: 1 254 €Q1 2026 Company: 1 253 € Industry median: 1 183 €Q1·26Q2 2026 Company: 1 208 € Industry median: 1 166 €Q3 2026 Company: 927 € 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: 4 · +33.3% vs Q2 2026
01234Q4 2023 Company: 3Q4·23Q1 2024 Company: 3Q2 2024 Company: 4Q2·24Q3 2024 Company: 4Q4 2024 Company: 3Q4·24Q1 2025 Company: 3Q2 2025 Company: 3Q2·25Q3 2025 Company: 3Q4 2025 Company: 3Q4·25Q1 2026 Company: 3Q2 2026 Company: 3Q2·26Q3 2026 Company: 4Q3·2601234Q4 2024 Company: 3Q1 2025 Company: 3Q1·25Q2 2025 Company: 3Q3 2025 Company: 3Q3·25Q4 2025 Company: 3Q1 2026 Company: 3Q1·26Q2 2026 Company: 3Q3 2026 Company: 4Q3·26
State taxes, € Q3 2026: 5 298 € · +55.0% vs Q2 2026
02 0004 0006 000Q4 2023 Company: 3 255 €Q4·23Q1 2024 Company: 2 846 €Q2 2024 Company: 2 917 €Q2·24Q3 2024 Company: 4 228 €Q4 2024 Company: 4 376 €Q4·24Q1 2025 Company: 3 293 €Q2 2025 Company: 3 488 €Q2·25Q3 2025 Company: 3 319 €Q4 2025 Company: 3 695 €Q4·25Q1 2026 Company: 3 349 €Q2 2026 Company: 3 417 €Q2·26Q3 2026 Company: 5 298 €Q3·2602 0004 0006 000Q4 2024 Company: 4 376 €Q1 2025 Company: 3 293 €Q1·25Q2 2025 Company: 3 488 €Q3 2025 Company: 3 319 €Q3·25Q4 2025 Company: 3 695 €Q1 2026 Company: 3 349 €Q1·26Q2 2026 Company: 3 417 €Q3 2026 Company: 5 298 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 57 819 5 298 3 709 4
Q2 2026 47 214 3 417 3 624 3
Q1 2026 40 848 3 349 3 759 3
Q4 2025 52 017 3 695 3 980 3
Q3 2025 43 776 3 319 3 761 3
Q2 2025 51 904 3 488 3 745 3
Q1 2025 45 252 3 293 3 699 3
Q4 2024 64 349 4 376 4 958 3
Q3 2024 48 144 4 228 4 774 4
Q2 2024 38 036 2 917 3 305 4
Q1 2024 25 936 2 846 3 225 3
Q4 2023 41 333 3 255 3 688 3
Q3 2023 51 727 3 156 3 577 3
Q2 2023 47 042 3 658 4 065 3
Q1 2023 45 638 4 037 4 467 3
Q4 2022 38 738 3 782 4 150 3
Q3 2022 18 462 1 955 2 152 3
Q2 2022 10 838 1 607 1 565 2
Q1 2022 13 219 4 349 3 292 2
Labour taxes per employee per month
309 €
Turnover per employee in the quarter
14 455 €

Q3 2026 · calculated from EMTA data

Financials by year

2021 – 2025
Revenue, € thousand 2025: 196 472 € · +5.2% vs 2024 · industry median 38 239 € · above 78% of the industry
0501001502002021 Company: 21 556 € Industry median: 38 277 €20212022 Company: 94 332 € Industry median: 39 545 €20222023 Company: 173 471 € Industry median: 37 262 €20232024 Company: 186 690 € Industry median: 37 686 €20242025 Company: 196 472 € Industry median: 38 239 €20250501001502002021 Company: 21 556 € Industry median: 38 277 €20212022 Company: 94 332 € Industry median: 39 545 €2023 Company: 173 471 € Industry median: 37 262 €20232024 Company: 186 690 € Industry median: 37 686 €2025 Company: 196 472 € 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: 53 854 € · −4.6% vs 2024 · industry median 410 € · above 92% of the industry
020 00040 00060 0002021 Company: 898 € Industry median: 315 €20212022 Company: 22 533 € Industry median: 398 €20222023 Company: 57 496 € Industry median: 253 €20232024 Company: 56 464 € Industry median: 108 €20242025 Company: 53 854 € Industry median: 410 €2025020 00040 00060 0002021 Company: 898 € Industry median: 315 €20212022 Company: 22 533 € Industry median: 398 €2023 Company: 57 496 € Industry median: 253 €20232024 Company: 56 464 € Industry median: 108 €2025 Company: 53 854 € Industry median: 410 €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: 27.4 % · −2.8 pp vs the year before · industry median 3.5 % · above 85% of the industry
0102030402021 Company: 4.2 % Industry median: 3.8 %20212022 Company: 23.9 % Industry median: 3.9 %20222023 Company: 33.1 % Industry median: 3.9 %20232024 Company: 30.2 % Industry median: 2.8 %20242025 Company: 27.4 % Industry median: 3.5 %20250102030402021 Company: 4.2 % Industry median: 3.8 %20212022 Company: 23.9 % Industry median: 3.9 %2023 Company: 33.1 % Industry median: 3.9 %20232024 Company: 30.2 % Industry median: 2.8 %2025 Company: 27.4 % 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: 212 711 € · +32.0% vs 2024
0501001502002502021 Company: 9 841 €20212022 Company: 38 390 €20222023 Company: 100 756 €20232024 Company: 161 145 €20242025 Company: 212 711 €20250501001502002502021 Company: 9 841 €20212022 Company: 38 390 €2023 Company: 100 756 €20232024 Company: 161 145 €2025 Company: 212 711 €2025
Equity, € thousand 2025: 193 745 € · +38.5% vs 2024
0501001502002021 Company: 3 398 €20212022 Company: 25 931 €20222023 Company: 83 427 €20232024 Company: 139 891 €20242025 Company: 193 745 €20250501001502002021 Company: 3 398 €20212022 Company: 25 931 €2023 Company: 83 427 €20232024 Company: 139 891 €2025 Company: 193 745 €2025
Employees 2025: 3 · +0.0% vs 2024 · industry median 2 · above 65% of the industry
01232021 Company: 1 Industry median: 220212022 Company: 3 Industry median: 220222023 Company: 3 Industry median: 220232024 Company: 3 Industry median: 220242025 Company: 3 Industry median: 2202501232021 Company: 1 Industry median: 220212022 Company: 3 Industry median: 22023 Company: 3 Industry median: 220232024 Company: 3 Industry median: 22025 Company: 3 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 196 472 53 854 59 047 212 711 193 745 3
2024 186 690 56 464 56 178 161 145 139 891 3
2023 173 471 57 496 53 644 100 756 83 427 3
2022 94 332 22 533 37 122 38 390 25 931 3
2021 21 556 898 11 188 9 841 3 398 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
27.4 %
Net profit / revenue
Return on equity (ROE)
27.8 %
Net profit / equity
Return on assets (ROA)
25.3 %
Net profit / assets
Equity ratio
91.1 %
Equity / assets
Debt ratio
8.9 %
Liabilities / assets
Current ratio
6.87
Current assets / current liabilities
Revenue per employee
65 491 €
Revenue / average full-time employees
Labour cost per employee per month
1 640 €
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 30 Mar 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 20 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 16 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 Jun 2023 Company’s own e-Äriregister
2021 13 Apr 2021 – 31 Dec 2021 30 Jun 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

Founders and other persons

No other persons.

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50171333 / 6
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50171333 / 5
9 Nov 2021
Amendment entry In force
9 Nov 2021
PDF
Ä 50171333 / M2
28 Oct 2021
Ruling to eliminate deficiencies 7 Nov 2021 Deficiencies eliminated
9 Nov 2021
PDF
Ä 50171333 / 4
7 Jul 2021
Amendment entry In force
7 Jul 2021
PDF
Ä 50171333 / M1
5 Jul 2021
Ruling to eliminate deficiencies 15 Jul 2021 Deficiencies eliminated
7 Jul 2021
PDF
Ä 50171333 / 3
21 Jun 2021
Transformation entry In force
21 Jun 2021
PDF
Ä 50171333 / 2
17 Jun 2021
Amendment entry In force
17 Jun 2021
PDF
Ä 50171333
13 Apr 2021
First entry In force
13 Apr 2021
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data