Tovuart OÜ is a OÜ based in Tartu linn, registry code 16483940, status: active. Main activity: Installation, maintenance and repair of heating, ventilation and air conditioning equipment. According to EMTA, turnover for Q3 2026 was €13 907 with 1 employees.
Turnover
13 907 €
↓ 34.8%vs Q2 2026
State taxes
2 952 €
↑ 62.3%vs Q2 2026
Labour taxes
1 201 €
↑ 6.2%vs Q2 2026
Employees
1
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 202613 907 €
above 36% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee1 201 €
above 47% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 202552 268 €
above 58% of companies
industry median 37 320 € · companies in the industry: 10 312
Net profit margin · 202516.4 %
above 74% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 13 907 € · −34.8% vs Q2 2026 · industry median 23 017 € · above 36% 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: 1 201 € · +6.2% vs Q2 2026 · industry median 1 236 € · above 47% 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: 1 · +0.0% vs Q2 2026State taxes, € Q3 2026: 2 952 € · +62.3% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
13 907
2 952
1 201
1
Q2 2026
21 324
1 819
1 131
1
Q1 2026
19 117
2 664
1 106
1
Q4 2025
23 691
4 585
1 126
1
Q3 2025
12 080
3 191
1 126
1
Q2 2025
10 637
1 710
—
1
Q1 2025
5 493
667
—
1
Q4 2024
4 929
591
—
1
Q3 2024
—
—
—
1
Q2 2024
—
—
—
1
Q1 2024
—
—
—
1
Q4 2023
—
732
794
1
Labour taxes per employee per month
400 €
Turnover per employee in the quarter
13 907 €
Q3 2026 · calculated from EMTA data
Financials by year
2022 – 2025
Revenue, € 2025: 52 268 € · +116.8% vs 2024 · industry median 37 320 € · above 58% 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, € 2025: 8 562 € · +182.8% vs 2024 · industry median 561 € · above 75% 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: 16.4 % · +3.8 pp vs the year before · industry median 3.9 % · above 74% 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, € 2025: 23 095 € · +67.2% vs 2024Equity, € 2025: 12 172 € · +237.2% vs 2024Employees2025: 1 · industry median 1 · above 5% 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
52 268
8 562
9 484
23 095
12 172
1
2024
24 111
3 028
0
13 816
3 610
0
2023
9 797
147
1 873
581
581
1
2022
5 236
434
0
457
434
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
16.4 %
Net profit / revenue
Return on equity (ROE)
70.3 %
Net profit / equity
Return on assets (ROA)
37.1 %
Net profit / assets
Equity ratio
52.7 %
Equity / assets
Debt ratio
47.3 %
Liabilities / assets
Current ratio
0.69
Current assets / current liabilities
Revenue per employee
52 268 €
Revenue / average full-time employees
Labour cost per employee per month
790 €
Labour costs / employees / 12 months (incl. employer taxes)
