FlexPipe OÜ

Active Registry code 17242782 OÜ Tartu linn Registered 19 May 2025
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FlexPipe OÜ is a OÜ based in Tartu linn, registry code 17242782, status: active. Main activity: Installation, maintenance and repair of plumbing and sanitary equipment. According to EMTA, turnover for Q3 2026 was €82 245 with 4 employees.

Turnover
82 245 €
↑ 325.0% vs Q2 2026
State taxes
12 615 €
↑ 126.2% vs Q2 2026
Labour taxes
6 216 €
↑ 36.9% vs Q2 2026
Employees
4
+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 82 245 €
    industry median 23 017 € · companies in the industry: 6 974
  • Labour taxes per employee 1 554 €
    industry median 1 236 € · companies in the industry: 5 958
  • Revenue · 2025 90 040 €
    industry median 37 320 € · companies in the industry: 10 312
  • Net profit margin · 2025 6.0 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q2 2025 – Q3 2026
Turnover, € Q3 2026: 82 245 € · +325.0% vs Q2 2026 · industry median 23 017 € · above 80% of the industry
020 00040 00060 00080 000100 000Q2 2025 Company: 0 € Industry median: 20 215 €Q2·25Q3 2025 Company: 34 222 € Industry median: 22 700 €Q3·25Q4 2025 Company: 38 817 € Industry median: 23 111 €Q4·25Q1 2026 Company: 33 533 € Industry median: 17 425 €Q1·26Q2 2026 Company: 19 353 € Industry median: 20 462 €Q2·26Q3 2026 Company: 82 245 € Industry median: 23 017 €Q3·26020 00040 00060 00080 000100 000Q2 2025 Company: 0 € Industry median: 20 215 €Q3 2025 Company: 34 222 € Industry median: 22 700 €Q3·25Q4 2025 Company: 38 817 € Industry median: 23 111 €Q1 2026 Company: 33 533 € Industry median: 17 425 €Q1·26Q2 2026 Company: 19 353 € Industry median: 20 462 €Q3 2026 Company: 82 245 € 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: 1 554 € · +2.7% vs Q2 2026 · industry median 1 236 € · above 63% of the industry
05001 0001 5002 0002 500Q2 2025 Company: — Industry median: 1 194 €Q2·25Q3 2025 Company: 1 774 € Industry median: 1 250 €Q3·25Q4 2025 Company: 2 474 € Industry median: 1 270 €Q4·25Q1 2026 Company: 2 257 € Industry median: 1 202 €Q1·26Q2 2026 Company: 1 513 € Industry median: 1 197 €Q2·26Q3 2026 Company: 1 554 € Industry median: 1 236 €Q3·2605001 0001 5002 0002 500Q2 2025 Company: — Industry median: 1 194 €Q3 2025 Company: 1 774 € Industry median: 1 250 €Q3·25Q4 2025 Company: 2 474 € Industry median: 1 270 €Q1 2026 Company: 2 257 € Industry median: 1 202 €Q1·26Q2 2026 Company: 1 513 € Industry median: 1 197 €Q3 2026 Company: 1 554 € 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: 4 · +33.3% vs Q2 2026
01234Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q3·25Q4 2025 Company: 2Q4·25Q1 2026 Company: 2Q1·26Q2 2026 Company: 3Q2·26Q3 2026 Company: 4Q3·2601234Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: 2Q1 2026 Company: 2Q1·26Q2 2026 Company: 3Q3 2026 Company: 4Q3·26
State taxes, € Q3 2026: 12 615 € · +126.2% vs Q2 2026
05 00010 00015 000Q2 2025 Company: —Q2·25Q3 2025 Company: 6 442 €Q3·25Q4 2025 Company: 6 802 €Q4·25Q1 2026 Company: 8 317 €Q1·26Q2 2026 Company: 5 577 €Q2·26Q3 2026 Company: 12 615 €Q3·2605 00010 00015 000Q2 2025 Company: —Q3 2025 Company: 6 442 €Q3·25Q4 2025 Company: 6 802 €Q1 2026 Company: 8 317 €Q1·26Q2 2026 Company: 5 577 €Q3 2026 Company: 12 615 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 82 245 12 615 6 216 4
Q2 2026 19 353 5 577 4 539 3
Q1 2026 33 533 8 317 4 514 2
Q4 2025 38 817 6 802 4 947 2
Q3 2025 34 222 6 442 3 547 2
Q2 2025 — — — 2
Labour taxes per employee per month
518 €
Turnover per employee in the quarter
20 561 €

Q3 2026 · calculated from EMTA data

Financials by year

2025 – 2025
Revenue, € 2025: 90 040 € · industry median 37 320 € · above 69% of the industry
020 00040 00060 00080 000100 0002025 Company: 90 040 € Industry median: 37 320 €2025020 00040 00060 00080 000100 0002025 Company: 90 040 € Industry median: 37 320 €2025
  • 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: 5 408 € · industry median 561 € · above 69% of the industry
02 0004 0006 0002025 Company: 5 408 € Industry median: 561 €202502 0004 0006 0002025 Company: 5 408 € Industry median: 561 €2025
  • 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: 6.0 % · industry median 3.9 % · above 56% of the industry
024682025 Company: 6.0 % Industry median: 3.9 %2025024682025 Company: 6.0 % Industry median: 3.9 %2025
  • Company
  • Industry median

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

Assets, € 2025: 28 472 €
010 00020 00030 0002025 Company: 28 472 €2025010 00020 00030 0002025 Company: 28 472 €2025
Equity, € 2025: 6 258 €
02 0004 0006 0008 0002025 Company: 6 258 €202502 0004 0006 0008 0002025 Company: 6 258 €2025
Employees 2025: 1 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02025 Company: 1 Industry median: 120250.00.20.40.60.81.02025 Company: 1 Industry median: 12025
  • 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 90 040 5 408 29 372 28 472 6 258 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
6.0 %
Net profit / revenue
Return on equity (ROE)
86.4 %
Net profit / equity
Return on assets (ROA)
19.0 %
Net profit / assets
Equity ratio
22.0 %
Equity / assets
Debt ratio
78.0 %
Liabilities / assets
Current ratio
0.76
Current assets / current liabilities
Revenue per employee
90 040 €
Revenue / average full-time employees
Labour cost per employee per month
2 448 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 19 May 2025 – 31 Dec 2025 1 Jul 2026 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

  • Khen King
    Member of a senior management body (management or supervisory board) · since 19 May 2025
  • Kristo Kütimets
    Member of a senior management body (management or supervisory board) · since 19 May 2025

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 43222Installation, maintenance and repair of plumbing and sanitary equipment Main
Rulings
Number, date Title Deadline State Document
Ä 50282822 / 2
9 Dec 2025
Amendment entry In force
9 Dec 2025
PDF
Ä 50282822
19 May 2025
First entry In force
19 May 2025
PDF

Sources: e-Äriregister and EMTA. Data updated 28 Oct 2026. Open at the source ↗ · Report an error in the data