Ray Technologies OÜ is a OÜ based in Tallinn, registry code 16724800, status: active. Main activity: Building of pleasure and sporting boats. According to EMTA, turnover for Q3 2026 was €7 000 with 1 employees.
Turnover
7 000 €
↑ 920.4%vs Q2 2026
State taxes
1 685 €
↑ 244.6%vs Q2 2026
Labour taxes
489 €
↓ 20.5%vs Q2 2026
Employees
1
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of other transport equipment · EMTAK 30
Turnover · Q3 20267 000 €
above 26% of companies
industry median 33 597 € · companies in the industry: 110
Labour taxes per employee489 €
above 8% of companies
industry median 2 212 € · companies in the industry: 94
Revenue · 202541 370 €
above 46% of companies
industry median 61 813 € · companies in the industry: 163
Net profit margin · 202538.9 %
above 83% of companies
industry median 6.8 % · companies in the industry: 119
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 7 000 € · +920.4% vs Q2 2026 · industry median 33 597 € · above 26% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 489 € · −20.5% vs Q2 2026 · industry median 2 212 € · above 8% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (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: 1 685 € · +244.6% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
7 000
1 685
489
1
Q2 2026
686
489
615
1
Q1 2026
694
271
388
1
Q4 2025
12 314
3 143
408
1
Q3 2025
28 257
6 657
408
1
Q2 2025
2 707
1 406
408
1
Q1 2025
820
497
367
1
Q4 2024
—
210
284
1
Q3 2024
19 172
782
191
1
Q2 2024
14 999
3 364
471
1
Q1 2024
-1 568
333
409
1
Q4 2023
12 608
2 487
511
1
Q3 2023
—
24
26
—
Labour taxes per employee per month
163 €
Turnover per employee in the quarter
7 000 €
Q3 2026 · calculated from EMTA data
Financials by year
2023 – 2025
Revenue, € 2025: 41 370 € · +39.2% vs 2024 · industry median 61 813 € · above 46% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 16 080 € · +190.9% vs 2024 · industry median 2 204 € · above 72% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 38.9 % · +98.4 pp vs the year before · industry median 6.8 % · above 83% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 23 611 € · +231.4% vs 2024Equity, € 2025: 22 950 € · +234.1% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 3 · above 5% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (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
41 370
16 080
11 355
23 611
22 950
1
2024
29 713
-17 692
9 749
7 124
6 870
1
2023
32 990
24 762
2 613
26 636
24 562
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
Net profit margin
38.9 %
Net profit / revenue
Return on equity (ROE)
70.1 %
Net profit / equity
Return on assets (ROA)
68.1 %
Net profit / assets
Equity ratio
97.2 %
Equity / assets
Debt ratio
2.8 %
Liabilities / assets
Current ratio
35.72
Current assets / current liabilities
Revenue per employee
41 370 €
Revenue / average full-time employees
Labour cost per employee per month
946 €
Labour costs / employees / 12 months (incl. employer taxes)
