HarMax OÜ

Active Registry code 16697167 OÜ Tallinn Registered 16 Mar 2023
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HarMax OÜ is a OÜ based in Tallinn, registry code 16697167, status: active. Main activity: Temporary employment agency activities. According to EMTA, turnover for Q3 2026 was €408 235 with 45 employees.

Turnover
408 235 €
↑ 6.5% vs Q2 2026
State taxes
166 672 €
↓ 6.0% vs Q2 2026
Labour taxes
76 881 €
↑ 27.0% vs Q2 2026
Employees
45
−2 vs Q2 2026

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

Position in the industry Employment activities · EMTAK 78

  • Turnover · Q3 2026 408 235 €
    industry median 32 553 € · companies in the industry: 715
  • Labour taxes per employee 1 708 €
    industry median 1 477 € · companies in the industry: 653
  • Revenue · 2025 1.5 mn €
    industry median 38 312 € · companies in the industry: 1 162
  • Net profit margin · 2025 3.2 %
    industry median 4.7 % · companies in the industry: 914

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 408 235 € · +6.5% vs Q2 2026 · industry median 32 553 € · above 90% of the industry
0100200300400500Q4 2023 Company: 187 864 € Industry median: 34 535 €Q4·23Q1 2024 Company: 218 420 € Industry median: 32 430 €Q2 2024 Company: 277 480 € Industry median: 35 403 €Q2·24Q3 2024 Company: 329 028 € Industry median: 41 747 €Q4 2024 Company: 309 987 € Industry median: 36 918 €Q4·24Q1 2025 Company: 202 238 € Industry median: 32 743 €Q2 2025 Company: 271 963 € Industry median: 33 250 €Q2·25Q3 2025 Company: 443 923 € Industry median: 34 657 €Q4 2025 Company: 452 166 € Industry median: 35 558 €Q4·25Q1 2026 Company: 380 131 € Industry median: 34 485 €Q2 2026 Company: 383 232 € Industry median: 31 429 €Q2·26Q3 2026 Company: 408 235 € Industry median: 32 553 €Q3·260100200300400500Q4 2024 Company: 309 987 € Industry median: 36 918 €Q1 2025 Company: 202 238 € Industry median: 32 743 €Q1·25Q2 2025 Company: 271 963 € Industry median: 33 250 €Q3 2025 Company: 443 923 € Industry median: 34 657 €Q3·25Q4 2025 Company: 452 166 € Industry median: 35 558 €Q1 2026 Company: 380 131 € Industry median: 34 485 €Q1·26Q2 2026 Company: 383 232 € Industry median: 31 429 €Q3 2026 Company: 408 235 € Industry median: 32 553 €Q3·26
  • Company
  • Industry median

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

Labour taxes per employee, € Q3 2026: 1 708 € · +32.6% vs Q2 2026 · industry median 1 477 € · above 60% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 051 € Industry median: 1 458 €Q4·23Q1 2024 Company: 729 € Industry median: 1 294 €Q2 2024 Company: 1 043 € Industry median: 1 368 €Q2·24Q3 2024 Company: 1 395 € Industry median: 1 353 €Q4 2024 Company: 1 460 € Industry median: 1 536 €Q4·24Q1 2025 Company: 998 € Industry median: 1 405 €Q2 2025 Company: 928 € Industry median: 1 388 €Q2·25Q3 2025 Company: 1 571 € Industry median: 1 492 €Q4 2025 Company: 2 228 € Industry median: 1 530 €Q4·25Q1 2026 Company: 2 368 € Industry median: 1 483 €Q2 2026 Company: 1 288 € Industry median: 1 408 €Q2·26Q3 2026 Company: 1 708 € Industry median: 1 477 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 460 € Industry median: 1 536 €Q1 2025 Company: 998 € Industry median: 1 405 €Q1·25Q2 2025 Company: 928 € Industry median: 1 388 €Q3 2025 Company: 1 571 € Industry median: 1 492 €Q3·25Q4 2025 Company: 2 228 € Industry median: 1 530 €Q1 2026 Company: 2 368 € Industry median: 1 483 €Q1·26Q2 2026 Company: 1 288 € Industry median: 1 408 €Q3 2026 Company: 1 708 € Industry median: 1 477 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 45 · −4.3% vs Q2 2026
020406080Q4 2023 Company: 19Q4·23Q1 2024 Company: 30Q2 2024 Company: 39Q2·24Q3 2024 Company: 40Q4 2024 Company: 36Q4·24Q1 2025 Company: 37Q2 2025 Company: 56Q2·25Q3 2025 Company: 62Q4 2025 Company: 55Q4·25Q1 2026 Company: 45Q2 2026 Company: 47Q2·26Q3 2026 Company: 45Q3·26020406080Q4 2024 Company: 36Q1 2025 Company: 37Q1·25Q2 2025 Company: 56Q3 2025 Company: 62Q3·25Q4 2025 Company: 55Q1 2026 Company: 45Q1·26Q2 2026 Company: 47Q3 2026 Company: 45Q3·26
State taxes, € thousand Q3 2026: 166 672 € · −6.0% vs Q2 2026
050100150200250Q4 2023 Company: 49 025 €Q4·23Q1 2024 Company: 43 853 €Q2 2024 Company: 91 843 €Q2·24Q3 2024 Company: 127 838 €Q4 2024 Company: 108 550 €Q4·24Q1 2025 Company: 77 366 €Q2 2025 Company: 91 815 €Q2·25Q3 2025 Company: 171 215 €Q4 2025 Company: 206 250 €Q4·25Q1 2026 Company: 165 652 €Q2 2026 Company: 177 342 €Q2·26Q3 2026 Company: 166 672 €Q3·26050100150200250Q4 2024 Company: 108 550 €Q1 2025 Company: 77 366 €Q1·25Q2 2025 Company: 91 815 €Q3 2025 Company: 171 215 €Q3·25Q4 2025 Company: 206 250 €Q1 2026 Company: 165 652 €Q1·26Q2 2026 Company: 177 342 €Q3 2026 Company: 166 672 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 408 235 166 672 76 881 45
Q2 2026 383 232 177 342 60 555 47
Q1 2026 380 131 165 652 106 544 45
Q4 2025 452 166 206 250 122 537 55
Q3 2025 443 923 171 215 97 406 62
Q2 2025 271 963 91 815 51 941 56
Q1 2025 202 238 77 366 36 919 37
Q4 2024 309 987 108 550 52 563 36
Q3 2024 329 028 127 838 55 804 40
Q2 2024 277 480 91 843 40 694 39
Q1 2024 218 420 43 853 21 872 30
Q4 2023 187 864 49 025 19 972 19
Q3 2023 223 750 37 848 14 020 14
Q2 2023 59 466 10 439 — 11
Labour taxes per employee per month
569 €
Turnover per employee in the quarter
9 072 €

Q3 2026 · calculated from EMTA data

Financials by year

2023 – 2025
Revenue, € thousand 2025: 1 457 271 € · +30.2% vs 2024 · industry median 38 312 € · above 94% of the industry
05001 0001 5002023 Company: 539 038 € Industry median: 34 915 €20232024 Company: 1 119 364 € Industry median: 39 360 €20242025 Company: 1 457 271 € Industry median: 38 312 €202505001 0001 5002023 Company: 539 038 € Industry median: 34 915 €20232024 Company: 1 119 364 € Industry median: 39 360 €2025 Company: 1 457 271 € Industry median: 38 312 €2025
  • Company
  • Industry median

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

Net profit, € thousand 2025: 46 841 € · −67.0% vs 2024 · industry median 720 € · above 88% of the industry
0501001502023 Company: 30 428 € Industry median: 332 €20232024 Company: 141 934 € Industry median: 394 €20242025 Company: 46 841 € Industry median: 720 €20250501001502023 Company: 30 428 € Industry median: 332 €20232024 Company: 141 934 € Industry median: 394 €2025 Company: 46 841 € Industry median: 720 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 3.2 % · −9.5 pp vs the year before · industry median 4.7 % · above 46% of the industry
0510152023 Company: 5.6 % Industry median: 4.7 %20232024 Company: 12.7 % Industry median: 5.0 %20242025 Company: 3.2 % Industry median: 4.7 %20250510152023 Company: 5.6 % Industry median: 4.7 %20232024 Company: 12.7 % Industry median: 5.0 %2025 Company: 3.2 % Industry median: 4.7 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 503 756 € · +53.4% vs 2024
02004006002023 Company: 149 647 €20232024 Company: 328 414 €20242025 Company: 503 756 €202502004006002023 Company: 149 647 €20232024 Company: 328 414 €2025 Company: 503 756 €2025
Equity, € thousand 2025: 219 203 € · +27.2% vs 2024
0501001502002502023 Company: 30 428 €20232024 Company: 172 362 €20242025 Company: 219 203 €20250501001502002502023 Company: 30 428 €20232024 Company: 172 362 €2025 Company: 219 203 €2025
Employees 2025: 48 · +37.1% vs 2024 · industry median 2 · above 98% of the industry
010203040502023 Company: 20 Industry median: 220232024 Company: 35 Industry median: 220242025 Company: 48 Industry median: 22025010203040502023 Company: 20 Industry median: 220232024 Company: 35 Industry median: 22025 Company: 48 Industry median: 22025
  • Company
  • Industry median

Industry: Employment 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 1 457 271 46 841 993 393 503 756 219 203 48
2024 1 119 364 141 934 587 329 328 414 172 362 35
2023 539 038 30 428 145 389 149 647 30 428 20

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
3.2 %
Net profit / revenue
Return on equity (ROE)
21.4 %
Net profit / equity
Return on assets (ROA)
9.3 %
Net profit / assets
Equity ratio
43.5 %
Equity / assets
Debt ratio
56.5 %
Liabilities / assets
Current ratio
1.72
Current assets / current liabilities
Revenue per employee
30 360 €
Revenue / average full-time employees
Labour cost per employee per month
1 725 €
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 29 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 16 Mar 2023 – 31 Dec 2023 30 Apr 2024 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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 78201Temporary employment agency activities Main
Rulings
Number, date Title Deadline State Document
Ä 50224103 / 4
14 Apr 2026
Amendment entry In force
14 Apr 2026
PDF
Ä 50224103 / M2
6 Apr 2026
Ruling to eliminate deficiencies 21 Apr 2026 Deficiencies eliminated
7 Apr 2026
PDF
Ä 50224103 / 3
11 Mar 2026
Amendment entry In force
11 Mar 2026
PDF
Ä 50224103 / M1
6 Feb 2024
Procedural ruling 12 Mar 2024 Deficiencies eliminated
9 Feb 2024
PDF
Ä 50224103 / 2
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50224103
16 Mar 2023
First entry In force
16 Mar 2023
PDF

Sources: e-Äriregister and EMTA. Data updated 29 Oct 2026. Open at the source ↗ · Report an error in the data