Vete Engineering OÜ is a OÜ based in Tallinn, registry code 16693270, status: active. Main activity: Research and experimental development on natural sciences and engineering. According to EMTA, turnover for Q3 2026 was €39 185 with 2 employees.
Turnover
39 185 €
↑ 175.9%vs Q2 2026
State taxes
7 553 €
Labour taxes
0 €
Employees
2
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Scientific research and development · EMTAK 72
Turnover · Q3 202639 185 €
above 72% of companies
industry median 14 442 € · companies in the industry: 318
Labour taxes per employee0 €
above 2% of companies
industry median 2 218 € · companies in the industry: 234
Revenue · 20250 €
above 5% of companies
industry median 0 € · companies in the industry: 1 073
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 39 185 € · +175.9% vs Q2 2026 · industry median 14 442 € · above 72% of the industry
Company
Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 0 € · industry median 2 218 € · above 2% of the industry
Company
Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Revenue, € 2025: 0 € · −100.0% vs 2024 · industry median 0 € · above 5% of the industry
Company
Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: -35 758 € · +47.6% vs 2024 · industry median 0 € · above 2% of the industry
Company
Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2023: 1 884.6 % · industry median 16.8 % · above 98% of the industry
Company
Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 28 791 € · −56.5% vs 2024Equity, € thousand 2025: 28 177 € · −55.9% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
Company
Industry median
Industry: Scientific research and development (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
0
-35 758
14 718
28 791
28 177
1
2024
610
-68 284
17 393
66 115
63 935
1
2023
7 000
131 919
2 676
133 703
132 219
1
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
Return on equity (ROE)
-126.9 %
Net profit / equity
Return on assets (ROA)
-124.2 %
Net profit / assets
Equity ratio
97.9 %
Equity / assets
Debt ratio
2.1 %
Liabilities / assets
Current ratio
45.09
Current assets / current liabilities
Revenue per employee
0 €
Revenue / average full-time employees
Labour cost per employee per month
1 227 €
Labour costs / employees / 12 months (incl. employer taxes)
