Midgard Metal OÜ is a OÜ based in Sindi linn, registry code 16319086, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €154 200 with 12 employees.
Turnover
154 200 €
↑ 21.7%vs Q2 2026
State taxes
27 343 €
↓ 6.3%vs Q2 2026
Labour taxes
14 651 €
↑ 13.7%vs Q2 2026
Employees
12
+2vs 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 2026154 200 €
above 85% of companies
industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee1 221 €
above 51% of companies
industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025351 040 €
above 85% of companies
industry median 38 239 € · companies in the industry: 7 000
Net profit margin · 202513.4 %
above 71% of companies
industry median 3.5 % · companies in the industry: 5 562
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 154 200 € · +21.7% vs Q2 2026 · industry median 25 252 € · above 85% 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: 1 221 € · −5.3% vs Q2 2026 · industry median 1 211 € · above 51% 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: 12 · +20.0% vs Q2 2026State taxes, € Q3 2026: 27 343 € · −6.3% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
154 200
27 343
14 651
12
Q2 2026
126 730
29 195
12 886
10
Q1 2026
105 444
23 380
12 973
9
Q4 2025
139 721
34 028
10 938
9
Q3 2025
85 024
17 546
8 752
8
Q2 2025
66 954
19 441
9 302
7
Q1 2025
32 776
10 501
7 898
5
Q4 2024
66 271
14 108
8 022
5
Q3 2024
72 677
17 284
8 255
6
Q2 2024
32 884
14 874
6 883
6
Q1 2024
60 245
12 435
7 927
4
Q4 2023
51 193
15 808
6 791
5
Q3 2023
42 112
11 372
6 578
4
Q2 2023
40 126
9 069
5 286
4
Q1 2023
38 062
9 149
3 848
4
Q4 2022
70 044
15 667
4 289
4
Q3 2022
48 028
8 636
4 233
4
Q2 2022
780
85
—
2
Q1 2022
3 000
549
—
—
Labour taxes per employee per month
407 €
Turnover per employee in the quarter
12 850 €
Q3 2026 · calculated from EMTA data
Financials by year
2022 – 2025
Revenue, € thousand 2025: 351 040 € · +61.1% vs 2024 · industry median 38 239 € · above 85% 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: 46 983 € · +1 438.9% vs 2024 · industry median 410 € · above 91% 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: 13.4 % · +12.0 pp vs the year before · industry median 3.5 % · above 71% 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: 87 945 € · +207.1% vs 2024Equity, € 2025: 48 818 € · +312.5% vs 2024Employees2025: 4 · +0.0% vs 2024 · industry median 2 · above 75% 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
351 040
46 983
103 177
87 945
48 818
4
2024
217 887
3 053
77 269
28 641
11 835
4
2023
186 752
4 142
60 283
41 151
15 622
3
2022
143 367
14 980
27 425
34 294
17 480
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
13.4 %
Net profit / revenue
Return on equity (ROE)
96.2 %
Net profit / equity
Return on assets (ROA)
53.4 %
Net profit / assets
Equity ratio
55.5 %
Equity / assets
Debt ratio
44.5 %
Liabilities / assets
Current ratio
2.17
Current assets / current liabilities
Revenue per employee
87 760 €
Revenue / average full-time employees
Labour cost per employee per month
2 150 €
Labour costs / employees / 12 months (incl. employer taxes)
