InnoveCon OÜ

Active Registry code 17009873 OÜ Tallinn Registered 17 Jun 2024
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InnoveCon OÜ is a OÜ based in Tallinn, registry code 17009873, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2025 was €148 952 with employees.

Turnover
148 952 €
↓ 83.5% vs Q2 2025
State taxes
0 €
↓ 100.0% vs Q2 2025
Labour taxes
145 €
↓ 98.6% vs Q2 2025
Employees
—

Q3 2025 · data from the Tax and Customs Board (EMTA)

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Turnover · Q3 2025 148 952 €
    industry median 25 533 € · companies in the industry: 4 502
  • Revenue · 2024 426 211 €
    industry median 37 686 € · companies in the industry: 7 373
  • Net profit margin · 2024 3.5 %
    industry median 2.8 % · companies in the industry: 5 757

Taxes and turnover

Q3 2024 – Q3 2025
Turnover, € thousand Q3 2025: 148 952 € · −83.5% vs Q2 2025 · industry median 25 533 € · above 84% of the industry
02004006008001 000Q3 2024 Company: 9 092 € Industry median: 26 160 €Q3·24Q4 2024 Company: 64 695 € Industry median: 25 496 €Q4·24Q1 2025 Company: 692 867 € Industry median: 19 568 €Q1·25Q2 2025 Company: 902 206 € Industry median: 22 577 €Q2·25Q3 2025 Company: 148 952 € Industry median: 25 533 €Q3·2502004006008001 000Q3 2024 Company: 9 092 € Industry median: 26 160 €Q3·24Q4 2024 Company: 64 695 € Industry median: 25 496 €Q1 2025 Company: 692 867 € Industry median: 19 568 €Q1·25Q2 2025 Company: 902 206 € Industry median: 22 577 €Q3 2025 Company: 148 952 € Industry median: 25 533 €Q3·25
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q2 2025: 598 € · −35.1% vs Q1 2025 · industry median 1 149 € · above 18% of the industry
02505007501 0001 250Q3 2024 Company: — Industry median: 1 142 €Q3·24Q4 2024 Company: 0 € Industry median: 1 179 €Q4·24Q1 2025 Company: 921 € Industry median: 1 188 €Q1·25Q2 2025 Company: 598 € Industry median: 1 149 €Q2·25Q3 2025 Company: — Industry median: 1 208 €Q3·2502505007501 0001 250Q3 2024 Company: — Industry median: 1 142 €Q3·24Q4 2024 Company: 0 € Industry median: 1 179 €Q1 2025 Company: 921 € Industry median: 1 188 €Q1·25Q2 2025 Company: 598 € Industry median: 1 149 €Q3 2025 Company: — Industry median: 1 208 €Q3·25
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q2 2025: 17 · −52.8% vs Q1 2025
010203040Q3 2024 Company: —Q3·24Q4 2024 Company: 6Q4·24Q1 2025 Company: 36Q1·25Q2 2025 Company: 17Q2·25Q3 2025 Company: —Q3·25010203040Q3 2024 Company: —Q3·24Q4 2024 Company: 6Q1 2025 Company: 36Q1·25Q2 2025 Company: 17Q3 2025 Company: —Q3·25
State taxes, € Q3 2025: 0 € · −100.0% vs Q2 2025
020 00040 00060 00080 000Q3 2024 Company: 102 €Q3·24Q4 2024 Company: 2 252 €Q4·24Q1 2025 Company: 62 224 €Q1·25Q2 2025 Company: 13 587 €Q2·25Q3 2025 Company: 0 €Q3·25020 00040 00060 00080 000Q3 2024 Company: 102 €Q3·24Q4 2024 Company: 2 252 €Q1 2025 Company: 62 224 €Q1·25Q2 2025 Company: 13 587 €Q3 2025 Company: 0 €Q3·25
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2025 148 952 — 145 —
Q2 2025 902 206 13 587 10 168 17
Q1 2025 692 867 62 224 33 169 36
Q4 2024 64 695 2 252 — 6
Q3 2024 9 092 102 — —

Financials by year

2024 – 2024
Revenue, € thousand 2024: 426 211 € · industry median 37 686 € · above 88% of the industry
01002003004005002024 Company: 426 211 € Industry median: 37 686 €202401002003004005002024 Company: 426 211 € Industry median: 37 686 €2024
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2024: 14 995 € · industry median 108 € · above 82% of the industry
05 00010 00015 0002024 Company: 14 995 € Industry median: 108 €202405 00010 00015 0002024 Company: 14 995 € Industry median: 108 €2024
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2024: 3.5 % · industry median 2.8 % · above 52% of the industry
012342024 Company: 3.5 % Industry median: 2.8 %2024012342024 Company: 3.5 % Industry median: 2.8 %2024
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2024: 396 358 €
01002003004002024 Company: 396 358 €202401002003004002024 Company: 396 358 €2024
Equity, € 2024: 14 995 €
05 00010 00015 0002024 Company: 14 995 €202405 00010 00015 0002024 Company: 14 995 €2024
Employees 2024: 6 · industry median 2 · above 85% of the industry
02462024 Company: 6 Industry median: 2202402462024 Company: 6 Industry median: 22024
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (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
2024 426 211 14 995 25 828 396 358 14 995 6

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

Financial ratios for 2024

Net profit margin
3.5 %
Net profit / revenue
Return on equity (ROE)
100.0 %
Net profit / equity
Return on assets (ROA)
3.8 %
Net profit / assets
Equity ratio
3.8 %
Equity / assets
Debt ratio
96.2 %
Liabilities / assets
Current ratio
1.04
Current assets / current liabilities
Revenue per employee
71 035 €
Revenue / average full-time employees
Labour cost per employee per month
359 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 17 Jun 2024 – 31 Dec 2024 7 Aug 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

Owner in

Beneficial owners

  • Urmet Lokk
    Indirect ownership · since 7 Oct 2025

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main

Rulings 18

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50257714 / 11
26 Aug 2026
 Amendment under Code of Civil Procedure § 595¹ (1) In force
26 Aug 2026
 PDF
Ä 50257714 / 10
10 Apr 2026
 Second (constitutive) merger entry In force
10 Apr 2026
 PDF
Ä 50257714 / M7
6 Mar 2026
 Procedural ruling 13 Mar 2026 Deficiencies eliminated
6 Mar 2026
 PDF
Ä 50257714 / 9
6 Mar 2026
 Entry refused In force
24 Mar 2026
 PDF
Ä 50257714 / 8
17 Oct 2025
 Amendment entry In force
17 Oct 2025
 PDF
Ä 50257714 / M6
8 Oct 2025
 Procedural ruling 15 Oct 2025 In force
8 Oct 2025
 PDF
Ä 50257714 / 7
28 Aug 2025
 Amendment entry In force
28 Aug 2025
 PDF
Ä 50257714 / M5
25 Aug 2025
 Ruling to eliminate deficiencies 9 Sep 2025 Deficiencies eliminated
26 Aug 2025
 PDF
Ä 50257714 / 6
22 Aug 2025
 Amendment entry In force
22 Aug 2025
 PDF
Ä 50257714 / M4
21 Aug 2025
 Ruling to eliminate deficiencies 20 Sep 2025 Deficiencies eliminated
22 Aug 2025
 PDF
Ä 50257714 / 5
31 Jul 2025
 Amendment entry In force
31 Jul 2025
 PDF
Ä 50257714 / M3
28 Jul 2025
 Ruling to eliminate deficiencies 27 Aug 2025 Deficiencies eliminated
31 Jul 2025
 PDF
Ä 50257714 / 4
19 Mar 2025
 Amendment entry In force
19 Mar 2025
 PDF
Ä 50257714 / M2
3 Mar 2025
 Ruling to eliminate deficiencies 19 Mar 2025 Deficiencies eliminated
19 Mar 2025
 PDF
Ä 50257714 / 3
5 Dec 2024
 Amendment entry In force
5 Dec 2024
 PDF
Ä 50257714 / M1
4 Dec 2024
 Procedural ruling 14 Dec 2024 Deficiencies eliminated
5 Dec 2024
 PDF
Ä 50257714 / 2
19 Jun 2024
 Amendment entry In force
19 Jun 2024
 PDF
Ä 50257714
17 Jun 2024
 First entry In force
17 Jun 2024
 PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data