Thuleprojekt OÜ is a OÜ based in Tartu linn, registry code 16450231, status: active. Main activity: All other professional, scientific and technical activities n.e.c.. According to EMTA, turnover for Q3 2026 was €175 663 with 1 employees.
Turnover
175 663 €
↓ 26.5%vs Q2 2026
State taxes
14 879 €
↓ 45.8%vs Q2 2026
Labour taxes
4 639 €
↑ 1.2%vs Q2 2026
Employees
1
−1vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Other professional, scientific and technical activities · EMTAK 74
Turnover · Q3 2026175 663 €
above 98% of companies
industry median 9 242 € · companies in the industry: 2 536
Labour taxes per employee4 639 €
above 95% of companies
industry median 1 194 € · companies in the industry: 1 746
Revenue · 2025502 144 €
above 98% of companies
industry median 6 586 € · companies in the industry: 7 527
Net profit margin · 202557.6 %
above 83% of companies
industry median 10.4 % · companies in the industry: 5 370
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 175 663 € · −26.5% vs Q2 2026 · industry median 9 242 € · above 98% of the industry
Company
Industry median
Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 4 639 € · +102.4% vs Q2 2026 · industry median 1 194 € · above 95% of the industry
Company
Industry median
Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 1 · −50.0% vs Q2 2026State taxes, € Q3 2026: 14 879 € · −45.8% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
175 663
14 879
4 639
1
Q2 2026
238 869
27 438
4 583
2
Q1 2026
182 013
25 666
3 655
1
Q4 2025
171 231
23 020
4 812
1
Q3 2025
147 412
12 162
3 821
1
Q2 2025
97 782
10 724
3 821
1
Q1 2025
57 663
10 456
3 777
1
Q4 2024
22 153
5 064
4 138
1
Q3 2024
62 515
7 730
5 337
2
Q2 2024
62 160
10 154
5 337
2
Q1 2024
102 800
10 709
3 600
2
Q4 2023
204 262
9 202
—
—
Q3 2023
94 026
5 915
—
—
Q2 2023
51 091
6 355
—
—
Q1 2023
44 002
6 367
—
—
Q4 2022
17 332
847
—
—
Q3 2022
17 207
1 767
—
—
Q2 2022
3 953
791
—
—
Labour taxes per employee per month
1 546 €
Turnover per employee in the quarter
175 663 €
Q3 2026 · calculated from EMTA data
Financials by year
2022 – 2025
Revenue, € thousand 2025: 502 144 € · +181.4% vs 2024 · industry median 6 586 € · above 98% of the industry
Company
Industry median
Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: 289 103 € · +3 332.7% vs 2024 · industry median 107 € · above 98% of the industry
Company
Industry median
Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 57.6 % · +62.6 pp vs the year before · industry median 10.4 % · above 83% of the industry
Company
Industry median
Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 599 962 € · +117.3% vs 2024Equity, € thousand 2025: 562 129 € · +105.9% vs 2024Employees2025: 1 · −50.0% vs 2024 · industry median 1 · above 5% of the industry
Company
Industry median
Industry: Other professional, scientific and technical 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
502 144
289 103
38 264
599 962
562 129
1
2024
178 414
-8 943
50 492
276 040
273 026
2
2023
402 050
237 973
0
289 753
281 969
0
2022
58 842
41 496
0
55 729
43 996
0
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
57.6 %
Net profit / revenue
Return on equity (ROE)
51.4 %
Net profit / equity
Return on assets (ROA)
48.2 %
Net profit / assets
Equity ratio
93.7 %
Equity / assets
Debt ratio
6.3 %
Liabilities / assets
Current ratio
15.60
Current assets / current liabilities
Revenue per employee
502 144 €
Revenue / average full-time employees
Labour cost per employee per month
3 189 €
Labour costs / employees / 12 months (incl. employer taxes)
