Novatek OÜ is a OÜ based in Tallinn, registry code 16806811, status: active. Main activity: Other specialised construction activities. According to EMTA, turnover for Q3 2026 was €302 862 with 8 employees.
Turnover
302 862 €
↑ 9.4%vs Q2 2026
State taxes
29 931 €
↓ 37.2%vs Q2 2026
Labour taxes
12 895 €
↓ 47.6%vs Q2 2026
Employees
8
−2vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 2026302 862 €
above 94% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee1 612 €
above 65% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 20251.1 mn €
above 98% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 20255.3 %
above 54% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 302 862 € · +9.4% vs Q2 2026 · industry median 23 017 € · above 94% 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: 1 612 € · −34.5% vs Q2 2026 · industry median 1 236 € · above 65% 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 · −20.0% vs Q2 2026State taxes, € Q3 2026: 29 931 € · −37.2% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
302 862
29 931
12 895
8
Q2 2026
276 830
47 646
24 616
10
Q1 2026
152 239
38 874
18 919
9
Q4 2025
240 775
20 443
12 978
8
Q3 2025
357 546
67 896
18 296
8
Q2 2025
467 614
38 441
12 335
6
Q1 2025
194 297
29 772
6 407
5
Q4 2024
76 787
12 952
4 546
3
Q3 2024
27 812
8 679
3 746
3
Q2 2024
13 806
6 264
3 746
3
Q1 2024
17 215
6 846
3 566
3
Q4 2023
—
—
—
3
Labour taxes per employee per month
537 €
Turnover per employee in the quarter
37 858 €
Q3 2026 · calculated from EMTA data
Financials by year
2024 – 2025
Revenue, € thousand 2025: 1 134 713 € · +552.6% vs 2024 · industry median 37 328 € · 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.
Net profit, € 2025: 60 653 € · +20.6% vs 2024 · industry median 561 € · 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.
Net profit margin, % 2025: 5.3 % · −23.6 pp vs the year before · industry median 3.9 % · above 54% 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: 273 042 € · +338.7% vs 2024Equity, € thousand 2025: 110 962 € · +120.6% vs 2024Employees2025: 6 · +100.0% vs 2024 · industry median 1 · above 88% 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
1 134 713
60 653
160 787
273 042
110 962
6
2024
173 863
50 309
48 841
62 233
50 309
3
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
5.3 %
Net profit / revenue
Return on equity (ROE)
54.7 %
Net profit / equity
Return on assets (ROA)
22.2 %
Net profit / assets
Equity ratio
40.6 %
Equity / assets
Debt ratio
59.4 %
Liabilities / assets
Current ratio
1.66
Current assets / current liabilities
Revenue per employee
189 119 €
Revenue / average full-time employees
Labour cost per employee per month
2 233 €
Labour costs / employees / 12 months (incl. employer taxes)
