VX e-solution OÜ

Active Registry code 16921587 OÜ Tallinn Registered 14 Feb 2024
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VX e-solution OÜ is a OÜ based in Tallinn, registry code 16921587, status: active. Main activity: Electrical installation. According to EMTA, turnover for Q3 2026 was €60 666 with 3 employees.

Turnover
60 666 €
↑ 17.2% vs Q2 2026
State taxes
8 789 €
↑ 134.2% vs Q2 2026
Labour taxes
2 106 €
↑ 81.9% vs Q2 2026
Employees
3
+1 vs Q2 2026

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

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 60 666 €
    industry median 23 017 € · companies in the industry: 6 974
  • Labour taxes per employee 702 €
    industry median 1 236 € · companies in the industry: 5 958
  • Revenue · 2026 36 819 €
    industry median 32 634 € · companies in the industry: 113
  • Net profit margin · 2026 26.7 %
    industry median 5.9 % · companies in the industry: 96

Taxes and turnover

Q1 2024 – Q3 2026
Turnover, € Q3 2026: 60 666 € · +17.2% vs Q2 2026 · industry median 23 017 € · above 74% of the industry
020 00040 00060 00080 000Q1 2024 Company: 0 € Industry median: 16 922 €Q1·24Q2 2024 Company: 2 038 € Industry median: 18 660 €Q3 2024 Company: 5 366 € Industry median: 21 547 €Q3·24Q4 2024 Company: 1 841 € Industry median: 23 300 €Q1 2025 Company: 4 927 € Industry median: 17 914 €Q1·25Q2 2025 Company: 6 313 € Industry median: 20 215 €Q3 2025 Company: 6 943 € Industry median: 22 700 €Q3·25Q4 2025 Company: 14 279 € Industry median: 23 111 €Q1 2026 Company: 49 087 € Industry median: 17 425 €Q1·26Q2 2026 Company: 51 771 € Industry median: 20 462 €Q3 2026 Company: 60 666 € Industry median: 23 017 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 1 841 € Industry median: 23 300 €Q1 2025 Company: 4 927 € Industry median: 17 914 €Q1·25Q2 2025 Company: 6 313 € Industry median: 20 215 €Q3 2025 Company: 6 943 € Industry median: 22 700 €Q3·25Q4 2025 Company: 14 279 € Industry median: 23 111 €Q1 2026 Company: 49 087 € Industry median: 17 425 €Q1·26Q2 2026 Company: 51 771 € Industry median: 20 462 €Q3 2026 Company: 60 666 € Industry median: 23 017 €Q3·26
  • 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: 702 € · +21.2% vs Q2 2026 · industry median 1 236 € · above 18% of the industry
05001 0001 500Q1 2024 Company: — Industry median: 1 104 €Q1·24Q2 2024 Company: — Industry median: 1 083 €Q3 2024 Company: — Industry median: 1 141 €Q3·24Q4 2024 Company: — Industry median: 1 178 €Q1 2025 Company: — Industry median: 1 177 €Q1·25Q2 2025 Company: — Industry median: 1 194 €Q3 2025 Company: — Industry median: 1 250 €Q3·25Q4 2025 Company: 0 € Industry median: 1 270 €Q1 2026 Company: 114 € Industry median: 1 202 €Q1·26Q2 2026 Company: 579 € Industry median: 1 197 €Q3 2026 Company: 702 € Industry median: 1 236 €Q3·2605001 0001 500Q4 2024 Company: — Industry median: 1 178 €Q1 2025 Company: — Industry median: 1 177 €Q1·25Q2 2025 Company: — Industry median: 1 194 €Q3 2025 Company: — Industry median: 1 250 €Q3·25Q4 2025 Company: 0 € Industry median: 1 270 €Q1 2026 Company: 114 € Industry median: 1 202 €Q1·26Q2 2026 Company: 579 € Industry median: 1 197 €Q3 2026 Company: 702 € Industry median: 1 236 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 3 · +50.0% vs Q2 2026
0123Q1 2024 Company: —Q1·24Q2 2024 Company: —Q3 2024 Company: —Q3·24Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: 1Q1 2026 Company: 2Q1·26Q2 2026 Company: 2Q3 2026 Company: 3Q3·260123Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: 1Q1 2026 Company: 2Q1·26Q2 2026 Company: 2Q3 2026 Company: 3Q3·26
State taxes, € Q3 2026: 8 789 € · +134.2% vs Q2 2026
02 0004 0006 0008 00010 000Q1 2024 Company: —Q1·24Q2 2024 Company: 68 €Q3 2024 Company: 593 €Q3·24Q4 2024 Company: 193 €Q1 2025 Company: —Q1·25Q2 2025 Company: 883 €Q3 2025 Company: 1 301 €Q3·25Q4 2025 Company: 1 353 €Q1 2026 Company: 7 063 €Q1·26Q2 2026 Company: 3 753 €Q3 2026 Company: 8 789 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 193 €Q1 2025 Company: —Q1·25Q2 2025 Company: 883 €Q3 2025 Company: 1 301 €Q3·25Q4 2025 Company: 1 353 €Q1 2026 Company: 7 063 €Q1·26Q2 2026 Company: 3 753 €Q3 2026 Company: 8 789 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 60 666 8 789 2 106 3
Q2 2026 51 771 3 753 1 158 2
Q1 2026 49 087 7 063 228 2
Q4 2025 14 279 1 353 — 1
Q3 2025 6 943 1 301 — —
Q2 2025 6 313 883 — —
Q1 2025 4 927 — — —
Q4 2024 1 841 193 — —
Q3 2024 5 366 593 — —
Q2 2024 2 038 68 — —
Q1 2024 — — — —
Labour taxes per employee per month
234 €
Turnover per employee in the quarter
20 222 €

Q3 2026 · calculated from EMTA data

Financials by year

2025 – 2026
Revenue, € 2026: 36 819 € · +224.7% vs 2025 · industry median 32 634 € · above 54% of the industry
010 00020 00030 00040 0002025 Company: 11 340 € Industry median: 37 320 €20252026 Company: 36 819 € Industry median: 32 634 €2026010 00020 00030 00040 0002025 Company: 11 340 € Industry median: 37 320 €2026 Company: 36 819 € Industry median: 32 634 €2026
  • 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, € 2026: 9 836 € · +1 647.1% vs 2025 · industry median 400 € · above 80% of the industry
02 0004 0006 0008 00010 0002025 Company: 563 € Industry median: 561 €20252026 Company: 9 836 € Industry median: 400 €202602 0004 0006 0008 00010 0002025 Company: 563 € Industry median: 561 €2026 Company: 9 836 € Industry median: 400 €2026
  • 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, % 2026: 26.7 % · +21.7 pp vs the year before · industry median 5.9 % · above 80% of the industry
01020302025 Company: 5.0 % Industry median: 3.9 %20252026 Company: 26.7 % Industry median: 5.9 %202601020302025 Company: 5.0 % Industry median: 3.9 %2026 Company: 26.7 % Industry median: 5.9 %2026
  • Company
  • Industry median

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

Assets, € 2026: 10 874 € · +1 453.4% vs 2025
02 5005 0007 50010 00012 5002025 Company: 700 €20252026 Company: 10 874 €202602 5005 0007 50010 00012 5002025 Company: 700 €2026 Company: 10 874 €2026
Equity, € 2026: 10 409 € · +1 716.6% vs 2025
02 5005 0007 50010 00012 5002025 Company: 573 €20252026 Company: 10 409 €202602 5005 0007 50010 00012 5002025 Company: 573 €2026 Company: 10 409 €2026
Employees 2026: 1 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02025 Company: 0 Industry median: 120252026 Company: 1 Industry median: 120260.00.20.40.60.81.02025 Company: 0 Industry median: 12026 Company: 1 Industry median: 12026
  • 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
2026 36 819 9 836 580 10 874 10 409 1
2025 11 340 563 0 700 573 0

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2026

Net profit margin
26.7 %
Net profit / revenue
Return on equity (ROE)
94.5 %
Net profit / equity
Return on assets (ROA)
90.5 %
Net profit / assets
Equity ratio
95.7 %
Equity / assets
Debt ratio
4.3 %
Liabilities / assets
Current ratio
20.58
Current assets / current liabilities
Revenue per employee
36 819 €
Revenue / average full-time employees
Labour cost per employee per month
48 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Feb 2025 – 31 Jan 2026 9 Mar 2026 Company’s own e-Äriregister
2024 14 Feb 2024 – 31 Jan 2025 17 Jun 2025 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

  • Juri Kondratjev
    Member of a senior management body (management or supervisory board) · since 14 Feb 2024
  • Pavel Nurk
    Member of a senior management body (management or supervisory board) · since 14 Feb 2024

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 4321Electrical installation Main
Rulings
Number, date Title Deadline State Document
Ä 50248228 / 3
15 Jul 2026
Amendment under Code of Civil Procedure § 595¹ (1) In force
15 Jul 2026
PDF
Ä 50248228 / 2
25 Feb 2026
Amendment under Code of Civil Procedure § 595¹ (1) In force
25 Feb 2026
PDF
Ä 50248228
14 Feb 2024
First entry In force
14 Feb 2024
PDF

Sources: e-Äriregister and EMTA. Data updated 26 Oct 2026. Open at the source ↗ · Report an error in the data