MaxWelding Service OÜ is a OÜ based in Narva linn, registry code 16755502, status: active. Main activity: Installation, maintenance and repair of heating, ventilation and air conditioning equipment. According to EMTA, turnover for Q3 2026 was €188 909 with 17 employees.
Turnover
188 909 €
↑ 9.4%vs Q2 2026
State taxes
23 612 €
↓ 35.6%vs Q2 2026
Labour taxes
15 996 €
↑ 167.8%vs Q2 2026
Employees
17
+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 909 €
above 90% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee941 €
above 29% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025748 397 €
above 95% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 20255.1 %
above 53% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 188 909 € · +9.4% 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: 941 € · +152.0% vs Q2 2026 · industry median 1 236 € · above 29% 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: 17 · +6.3% vs Q2 2026State taxes, € Q3 2026: 23 612 € · −35.6% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
188 909
23 612
15 996
17
Q2 2026
172 672
36 665
5 974
16
Q1 2026
128 143
43 463
11 927
10
Q4 2025
313 065
83 048
25 346
7
Q3 2025
205 078
52 752
20 404
15
Q2 2025
113 100
18 701
14 245
15
Q1 2025
109 993
32 905
16 370
10
Q4 2024
160 699
43 129
13 491
11
Q3 2024
94 391
29 129
8 545
11
Q2 2024
129 786
28 820
16 363
6
Q1 2024
106 772
26 982
14 438
13
Q4 2023
135 241
33 816
15 365
11
Q3 2023
52 144
16 183
9 434
11
Q2 2023
—
—
—
10
Labour taxes per employee per month
314 €
Turnover per employee in the quarter
11 112 €
Q3 2026 · calculated from EMTA data
Financials by year
2023 – 2025
Revenue, € thousand 2025: 748 397 € · +61.3% vs 2024 · industry median 37 328 € · above 95% 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, € thousand 2025: 37 909 € · −70.7% vs 2024 · industry median 561 € · above 91% 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: 5.1 % · −22.9 pp vs the year before · industry median 3.9 % · above 53% 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: 223 401 € · +22.3% vs 2024Equity, € thousand 2025: 183 770 € · +22.5% vs 2024Employees2025: 12 · +0.0% vs 2024 · industry median 1 · above 98% 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
748 397
37 909
227 408
223 401
183 770
12
2024
464 040
129 593
162 386
182 700
149 961
12
2023
243 089
17 868
103 581
61 970
17 868
15
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
5.1 %
Net profit / revenue
Return on equity (ROE)
20.6 %
Net profit / equity
Return on assets (ROA)
17.0 %
Net profit / assets
Equity ratio
82.3 %
Equity / assets
Debt ratio
17.7 %
Liabilities / assets
Current ratio
2.65
Current assets / current liabilities
Revenue per employee
62 366 €
Revenue / average full-time employees
Labour cost per employee per month
1 579 €
Labour costs / employees / 12 months (incl. employer taxes)
