M2 Ehitus OÜ is a OÜ based in Tallinn, registry code 16240829, status: active. Main activity: Floor and wall covering. According to EMTA, turnover for Q3 2026 was €252 931 with 11 employees.
Turnover
252 931 €
↑ 13.4%vs Q2 2026
State taxes
56 947 €
↑ 12.9%vs Q2 2026
Labour taxes
8 543 €
↑ 17.8%vs Q2 2026
Employees
11
+3vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 2026252 931 €
above 92% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee777 €
above 21% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025439 587 €
above 91% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 20250.8 %
above 37% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 252 931 € · +13.4% vs Q2 2026 · industry median 23 017 € · above 92% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 777 € · −14.3% vs Q2 2026 · industry median 1 236 € · above 21% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 11 · +37.5% vs Q2 2026State taxes, € Q3 2026: 56 947 € · +12.9% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
252 931
56 947
8 543
11
Q2 2026
223 124
50 431
7 252
8
Q1 2026
122 983
30 453
5 691
8
Q4 2025
80 434
24 460
9 167
5
Q3 2025
130 326
31 148
10 407
8
Q2 2025
82 056
9 441
9 797
9
Q1 2025
142 387
27 267
11 687
6
Q4 2024
155 594
26 649
9 793
11
Q3 2024
74 976
8 903
6 536
7
Q2 2024
72 015
13 489
6 049
5
Q1 2024
75 861
9 007
5 286
5
Q4 2023
106 923
14 851
6 504
4
Q3 2023
49 721
8 789
8 143
7
Q2 2023
169 390
17 829
5 727
8
Q1 2023
80 618
18 980
3 809
7
Q4 2022
58 250
9 179
3 172
4
Q3 2022
114 369
22 982
2 929
4
Q2 2022
68 961
8 874
1 691
4
Q1 2022
22 927
2 549
—
2
Labour taxes per employee per month
259 €
Turnover per employee in the quarter
22 994 €
Q3 2026 · calculated from EMTA data
Financials by year
2021 – 2025
Revenue, € thousand 2025: 439 587 € · +18.1% vs 2024 · industry median 37 328 € · above 91% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: 3 297 € · +911.3% vs 2024 · industry median 561 € · above 63% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 0.8 % · +0.7 pp vs the year before · industry median 3.9 % · above 37% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 182 721 € · −8.8% vs 2024Equity, € thousand 2025: 144 002 € · −14.6% vs 2024Employees2025: 9 · +0.0% vs 2024 · industry median 1 · above 93% of the industry
Company
Industry median
Industry: Specialised construction activities (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
439 587
3 297
110 865
182 721
144 002
9
2024
372 181
326
98 641
200 384
168 704
9
2023
397 492
27 920
82 269
190 112
167 122
6
2022
277 363
121 085
31 055
164 328
139 202
7
2021
78 346
35 617
3 216
40 565
38 117
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
0.8 %
Net profit / revenue
Return on equity (ROE)
2.3 %
Net profit / equity
Return on assets (ROA)
1.8 %
Net profit / assets
Equity ratio
78.8 %
Equity / assets
Debt ratio
21.2 %
Liabilities / assets
Current ratio
4.68
Current assets / current liabilities
Revenue per employee
48 843 €
Revenue / average full-time employees
Labour cost per employee per month
1 027 €
Labour costs / employees / 12 months (incl. employer taxes)
