Tarel OÜ

Active Registry code 16405615 OÜ Tallinn Registered 30 Dec 2021
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Tarel OÜ is a OÜ based in Tallinn, registry code 16405615, status: active. Main activity: Electrical installation work. According to EMTA, turnover for Q3 2026 was €74 217 with 3 employees.

Turnover
74 217 €
↓ 21.8% vs Q2 2026
State taxes
10 382 €
↓ 30.8% vs Q2 2026
Labour taxes
4 279 €
↓ 24.7% vs Q2 2026
Employees
3
−1 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 74 217 €
    industry median 23 017 € · companies in the industry: 6 974
  • Labour taxes per employee 1 426 €
    industry median 1 236 € · companies in the industry: 5 958
  • Revenue · 2025 281 029 €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 -6.7 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 74 217 € · −21.8% vs Q2 2026 · industry median 23 017 € · above 78% of the industry
020 00040 00060 00080 000100 000Q4 2023 Company: 58 078 € Industry median: 23 403 €Q4·23Q1 2024 Company: 57 753 € Industry median: 16 922 €Q2 2024 Company: 47 293 € Industry median: 18 660 €Q2·24Q3 2024 Company: 59 370 € Industry median: 21 547 €Q4 2024 Company: 43 453 € Industry median: 23 300 €Q4·24Q1 2025 Company: 68 170 € Industry median: 17 914 €Q2 2025 Company: 99 024 € Industry median: 20 215 €Q2·25Q3 2025 Company: 86 040 € Industry median: 22 700 €Q4 2025 Company: 35 047 € Industry median: 23 111 €Q4·25Q1 2026 Company: 55 676 € Industry median: 17 425 €Q2 2026 Company: 94 851 € Industry median: 20 462 €Q2·26Q3 2026 Company: 74 217 € Industry median: 23 017 €Q3·26020 00040 00060 00080 000100 000Q4 2024 Company: 43 453 € Industry median: 23 300 €Q1 2025 Company: 68 170 € Industry median: 17 914 €Q1·25Q2 2025 Company: 99 024 € Industry median: 20 215 €Q3 2025 Company: 86 040 € Industry median: 22 700 €Q3·25Q4 2025 Company: 35 047 € Industry median: 23 111 €Q1 2026 Company: 55 676 € Industry median: 17 425 €Q1·26Q2 2026 Company: 94 851 € Industry median: 20 462 €Q3 2026 Company: 74 217 € Industry median: 23 017 €Q3·26
  • 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: 1 426 € · +0.4% vs Q2 2026 · industry median 1 236 € · above 58% of the industry
01 0002 0003 000Q4 2023 Company: 2 155 € Industry median: 1 123 €Q4·23Q1 2024 Company: 2 282 € Industry median: 1 105 €Q2 2024 Company: 2 484 € Industry median: 1 083 €Q2·24Q3 2024 Company: 2 776 € Industry median: 1 141 €Q4 2024 Company: 2 830 € Industry median: 1 178 €Q4·24Q1 2025 Company: 1 969 € Industry median: 1 177 €Q2 2025 Company: 2 185 € Industry median: 1 194 €Q2·25Q3 2025 Company: 2 259 € Industry median: 1 250 €Q4 2025 Company: 1 744 € Industry median: 1 270 €Q4·25Q1 2026 Company: 1 635 € Industry median: 1 202 €Q2 2026 Company: 1 420 € Industry median: 1 197 €Q2·26Q3 2026 Company: 1 426 € Industry median: 1 236 €Q3·2601 0002 0003 000Q4 2024 Company: 2 830 € Industry median: 1 178 €Q1 2025 Company: 1 969 € Industry median: 1 177 €Q1·25Q2 2025 Company: 2 185 € Industry median: 1 194 €Q3 2025 Company: 2 259 € Industry median: 1 250 €Q3·25Q4 2025 Company: 1 744 € Industry median: 1 270 €Q1 2026 Company: 1 635 € Industry median: 1 202 €Q1·26Q2 2026 Company: 1 420 € Industry median: 1 197 €Q3 2026 Company: 1 426 € Industry median: 1 236 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 3 · −25.0% vs Q2 2026
01234Q4 2023 Company: 2Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 3Q2 2025 Company: 4Q2·25Q3 2025 Company: 4Q4 2025 Company: 4Q4·25Q1 2026 Company: 4Q2 2026 Company: 4Q2·26Q3 2026 Company: 3Q3·2601234Q4 2024 Company: 2Q1 2025 Company: 3Q1·25Q2 2025 Company: 4Q3 2025 Company: 4Q3·25Q4 2025 Company: 4Q1 2026 Company: 4Q1·26Q2 2026 Company: 4Q3 2026 Company: 3Q3·26
State taxes, € Q3 2026: 10 382 € · −30.8% vs Q2 2026
010 00020 00030 00040 000Q4 2023 Company: 7 588 €Q4·23Q1 2024 Company: 11 093 €Q2 2024 Company: 10 097 €Q2·24Q3 2024 Company: 7 670 €Q4 2024 Company: 32 936 €Q4·24Q1 2025 Company: 10 316 €Q2 2025 Company: 12 818 €Q2·25Q3 2025 Company: 18 467 €Q4 2025 Company: 11 049 €Q4·25Q1 2026 Company: 9 762 €Q2 2026 Company: 14 993 €Q2·26Q3 2026 Company: 10 382 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 32 936 €Q1 2025 Company: 10 316 €Q1·25Q2 2025 Company: 12 818 €Q3 2025 Company: 18 467 €Q3·25Q4 2025 Company: 11 049 €Q1 2026 Company: 9 762 €Q1·26Q2 2026 Company: 14 993 €Q3 2026 Company: 10 382 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 74 217 10 382 4 279 3
Q2 2026 94 851 14 993 5 681 4
Q1 2026 55 676 9 762 6 540 4
Q4 2025 35 047 11 049 6 977 4
Q3 2025 86 040 18 467 9 034 4
Q2 2025 99 024 12 818 8 738 4
Q1 2025 68 170 10 316 5 907 3
Q4 2024 43 453 32 936 5 660 2
Q3 2024 59 370 7 670 5 552 2
Q2 2024 47 293 10 097 4 967 2
Q1 2024 57 753 11 093 4 564 2
Q4 2023 58 078 7 588 4 309 2
Q3 2023 54 032 10 531 4 309 2
Q2 2023 52 473 9 710 4 310 2
Q1 2023 142 699 25 166 4 379 2
Q4 2022 115 597 13 536 4 518 2
Q3 2022 88 324 10 094 1 498 2
Q2 2022 98 083 7 118 3 014 1
Q1 2022 80 270 5 011 — 2
Labour taxes per employee per month
475 €
Turnover per employee in the quarter
24 739 €

Q3 2026 · calculated from EMTA data

Financials by year

2022 – 2025
Revenue, € thousand 2025: 281 029 € · +35.5% vs 2024 · industry median 37 328 € · above 86% of the industry
01002003004005002022 Company: 430 940 € Industry median: 37 940 €20222023 Company: 287 128 € Industry median: 35 936 €20232024 Company: 207 327 € Industry median: 35 372 €20242025 Company: 281 029 € Industry median: 37 328 €202501002003004005002022 Company: 430 940 € Industry median: 37 940 €2023 Company: 287 128 € Industry median: 35 936 €20232024 Company: 207 327 € Industry median: 35 372 €2025 Company: 281 029 € Industry median: 37 328 €2025
  • 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: -18 814 € · −36 990.2% vs 2024 · industry median 561 € · above 2% of the industry
-500501001502022 Company: 116 434 € Industry median: 823 €20222023 Company: 114 137 € Industry median: 581 €20232024 Company: 51 € Industry median: 432 €20242025 Company: -18 814 € Industry median: 561 €2025-500501001502022 Company: 116 434 € Industry median: 823 €2023 Company: 114 137 € Industry median: 581 €20232024 Company: 51 € Industry median: 432 €2025 Company: -18 814 € Industry median: 561 €2025
  • 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: -6.7 % · −6.7 pp vs the year before · industry median 3.9 % · above 19% of the industry
-100102030402022 Company: 27.0 % Industry median: 4.8 %20222023 Company: 39.8 % Industry median: 4.4 %20232024 Company: 0.0 % Industry median: 3.4 %20242025 Company: -6.7 % Industry median: 3.9 %2025-100102030402022 Company: 27.0 % Industry median: 4.8 %2023 Company: 39.8 % Industry median: 4.4 %20232024 Company: 0.0 % Industry median: 3.4 %2025 Company: -6.7 % Industry median: 3.9 %2025
  • 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: 122 542 € · −12.3% vs 2024
01002003002022 Company: 170 595 €20222023 Company: 250 797 €20232024 Company: 139 666 €20242025 Company: 122 542 €202501002003002022 Company: 170 595 €2023 Company: 250 797 €20232024 Company: 139 666 €2025 Company: 122 542 €2025
Equity, € thousand 2025: 114 308 € · −14.1% vs 2024
0501001502002502022 Company: 118 934 €20222023 Company: 233 071 €20232024 Company: 133 122 €20242025 Company: 114 308 €20250501001502002502022 Company: 118 934 €2023 Company: 233 071 €20232024 Company: 133 122 €2025 Company: 114 308 €2025
Employees 2025: 3 · +50.0% vs 2024 · industry median 1 · above 75% of the industry
01232022 Company: 2 Industry median: 220222023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 120242025 Company: 3 Industry median: 1202501232022 Company: 2 Industry median: 22023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 12025 Company: 3 Industry median: 12025
  • 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 281 029 -18 814 76 727 122 542 114 308 3
2024 207 327 51 52 792 139 666 133 122 2
2023 287 128 114 137 43 820 250 797 233 071 2
2022 430 940 116 434 30 100 170 595 118 934 2

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
-6.7 %
Net profit / revenue
Return on equity (ROE)
-16.5 %
Net profit / equity
Return on assets (ROA)
-15.4 %
Net profit / assets
Equity ratio
93.3 %
Equity / assets
Debt ratio
6.7 %
Liabilities / assets
Current ratio
11.35
Current assets / current liabilities
Revenue per employee
93 676 €
Revenue / average full-time employees
Labour cost per employee per month
2 131 €
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 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 29 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 24 Jun 2024 Company’s own e-Äriregister
2022 30 Dec 2021 – 31 Dec 2022 22 Jun 2023 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

  • Tarmo Pihu
    Direct ownership · since 30 Dec 2021

Founders and other persons

  • Tarmo Pihu
    Founder · 2 500 € · 29 Dec 2021

Activities (EMTAK)

  • 43211Electrical installation work Main
Rulings
Number, date Title Deadline State Document
Ä 50192674 / 3
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50192674 / 2
28 Feb 2022
Amendment under Commercial Code § 525 (2) In force
28 Feb 2022
PDF
Ä 50192674
30 Dec 2021
First entry In force
30 Dec 2021
PDF

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