TURVATEK OÜRegistered
Key figures
576 935 €+20,8%
Revenue 2025
+13,3%
Average annual growth 2019–2025
Ratios
20257,9%
Profit margin
8,3%
EBITDA margin
64,8%
Equity ratio
4,8×
Current ratio
22,2%
Return on equity
1161 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 228 496 € | 3 | 5013 € |
| Q1 2026 | 169 164 € | 3 | 5624 € |
| Q4 2025 | 290 643 € | 4 | 6341 € |
| Q3 2025 | 195 946 € | 3 | 6042 € |
| Q2 2025 | 197 434 € | 3 | 5857 € |
| Q1 2025 | 157 885 € | 3 | 6070 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 188 152 | 204 582 | 218 543 | 216 637 | 234 771 | 273 620 | 312 011 |
| Total non-current assets | 470 | 117 | 0 | 6128 | 5110 | 3454 | 4670 |
| Total assets | 188 622 | 204 699 | 218 543 | 222 765 | 239 881 | 277 074 | 316 681 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 43 706 | 37 852 | 50 483 | 36 913 | 45 951 | 71 195 | 65 221 |
| Non-current liabilities | 72 794 | 72 794 | 53 794 | 46 294 | 46 294 | 46 294 | 46 294 |
| Total liabilities | 116 500 | 110 646 | 104 277 | 83 207 | 92 245 | 117 489 | 111 515 |
| Share capital | 12 785 | 12 785 | 12 785 | 12 785 | 12 785 | 12 785 | 12 785 |
| Retained earnings of previous periods | 29 310 | 53 201 | 75 132 | 95 086 | 120 637 | 128 715 | 140 664 |
| Profit for the year | 23 891 | 21 931 | 20 213 | 25 551 | 8078 | 11 949 | 45 581 |
| Reserves and other equity | 6136 | 6136 | 6136 | 6136 | 6136 | 6136 | 6136 |
| Total equity | 72 122 | 94 053 | 114 266 | 139 558 | 147 636 | 159 585 | 205 166 |
| Income statement | |||||||
| Sales revenue | 272 193 | 256 004 | 342 431 | 369 574 | 402 862 | 477 480 | 576 935 |
| Operating profit | 25 014 | 22 990 | 21 067 | 24 748 | 8078 | 11 948 | 45 574 |
| EBITDA | 25 818 | 23 342 | 21 184 | 24 870 | 9734 | 13 604 | 47 608 |
| Profit before income tax | 23 891 | 21 931 | 20 213 | 25 551 | 8078 | 11 949 | 45 581 |
| Profit for the reporting year | 23 891 | 21 931 | 20 213 | 25 551 | 8078 | 11 949 | 45 581 |
| Labour costs | 30 475 | 24 668 | 46 384 | 52 184 | 63 696 | 66 867 | 63 439 |
| Depreciation of non-current assets | 804 | 352 | 117 | 122 | 1656 | 1656 | 2034 |
| Other indicators | |||||||
| Employees | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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