Erel Connect OÜ is a OÜ based in Maardu linn, registry code 16529582, status: active. Main activity: Electrical installation work. According to EMTA, turnover for Q3 2026 was €188 509 with 8 employees.
Turnover
188 509 €
↑ 27.3%vs Q2 2026
State taxes
17 231 €
↑ 42.6%vs Q2 2026
Labour taxes
8 215 €
↑ 24.4%vs Q2 2026
Employees
8
+1vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 2026188 509 €
above 90% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee1 027 €
above 33% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025261 289 €
above 86% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 2025-4.9 %
above 21% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 188 509 € · +27.3% vs Q2 2026 · industry median 23 017 € · above 90% 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: 1 027 € · +8.9% vs Q2 2026 · industry median 1 236 € · above 33% 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: 8 · +14.3% vs Q2 2026State taxes, € Q3 2026: 17 231 € · +42.6% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
188 509
17 231
8 215
8
Q2 2026
148 027
12 085
6 602
7
Q1 2026
110 377
11 688
5 361
6
Q4 2025
89 400
12 373
5 034
5
Q3 2025
36 467
8 938
5 629
5
Q2 2025
61 312
2 226
4 641
5
Q1 2025
63 704
8 517
4 614
4
Q4 2024
71 729
13 747
4 136
4
Q3 2024
67 197
7 512
3 929
4
Q2 2024
50 768
7 612
3 929
4
Q1 2024
43 871
7 051
3 168
4
Q4 2023
14 462
3 743
3 133
4
Q3 2023
31 461
5 574
2 125
4
Q2 2023
54 427
10 503
1 771
3
Q1 2023
35 879
5 693
2 091
2
Q4 2022
67 010
10 081
689
2
Labour taxes per employee per month
342 €
Turnover per employee in the quarter
23 564 €
Q3 2026 · calculated from EMTA data
Financials by year
2022 – 2025
Revenue, € thousand 2025: 261 289 € · +11.9% vs 2024 · industry median 37 328 € · above 86% 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: -12 739 € · −40.8% vs 2024 · industry median 561 € · above 7% 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: -4.9 % · −1.0 pp vs the year before · industry median 3.9 % · 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.
Assets, € thousand 2025: 112 444 € · +52.9% vs 2024Equity, € 2025: 35 702 € · −26.3% vs 2024Employees2025: 4 · +0.0% vs 2024 · industry median 1 · above 80% 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
261 289
-12 739
64 887
112 444
35 702
4
2024
233 507
-9 049
53 799
73 542
48 441
4
2023
152 265
6 856
31 736
71 990
58 691
2
2022
103 499
47 360
5 135
48 609
47 361
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
-4.9 %
Net profit / revenue
Return on equity (ROE)
-35.7 %
Net profit / equity
Return on assets (ROA)
-11.3 %
Net profit / assets
Equity ratio
31.8 %
Equity / assets
Debt ratio
68.2 %
Liabilities / assets
Current ratio
1.92
Current assets / current liabilities
Revenue per employee
65 322 €
Revenue / average full-time employees
Labour cost per employee per month
1 352 €
Labour costs / employees / 12 months (incl. employer taxes)
