Osaühing NovatargetRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 186 625 € | 16 | 30 161 € |
| Q2 2026 | 209 935 € | 18 | 32 450 € |
| Q1 2026 | 283 654 € | 17 | 36 129 € |
| Q4 2025 | 287 517 € | 16 | 36 532 € |
| Q3 2025 | 242 797 € | 14 | 31 535 € |
| Q2 2025 | 243 120 € | 14 | 37 065 € |
| Q1 2025 | 302 743 € | 17 | 31 739 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 2000 € (1% of distributable profit).
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 156 951 | 209 903 | 162 017 | 216 040 | 348 756 | 334 904 | 416 393 |
| Total non-current assets | 46 021 | 32 062 | 153 141 | 147 237 | 104 941 | 87 295 | 36 131 |
| Total assets | 202 972 | 241 965 | 315 158 | 363 277 | 453 697 | 422 199 | 452 524 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 3587 | 11 737 | 20 606 | 40 386 | 84 036 | 50 902 | 82 245 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 27 223 | 37 653 | 35 480 |
| Total liabilities | 3587 | 11 737 | 20 606 | 40 386 | 111 259 | 88 555 | 117 725 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 188 895 | 196 573 | 227 416 | 291 740 | 235 346 | 319 626 | 328 832 |
| Profit for the year | 7678 | 30 843 | 64 324 | 28 339 | 104 280 | 11 206 | 3155 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 199 385 | 230 228 | 294 552 | 322 891 | 342 438 | 333 644 | 334 799 |
| Income statement | |||||||
| Sales revenue | 270 363 | 471 539 | 621 398 | 931 677 | 1 169 832 | 932 683 | 1 047 690 |
| Operating profit | 8396 | 30 843 | 64 324 | 28 363 | 125 447 | 16 644 | 4721 |
| EBITDA | 48 396 | 61 985 | 112 324 | 68 363 | 253 427 | 26 631 | 16 563 |
| Profit before income tax | 7678 | 30 843 | 64 324 | 28 339 | 125 173 | 15 930 | 3719 |
| Profit for the reporting year | 7678 | 30 843 | 64 324 | 28 339 | 104 280 | 11 206 | 3155 |
| Labour costs | 62 347 | 105 860 | 149 704 | 258 719 | 287 784 | 299 517 | 364 472 |
| Depreciation of non-current assets | 40 000 | 31 142 | 48 000 | 40 000 | 127 980 | 9987 | 11 842 |
| Other indicators | |||||||
| Employees | 5 | 10 | 10 | 13 | 12 | 15 | 15 |
| Calculated dividend | — | 0 | 0 | 0 | 84 733 | 20 000 | 2000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Risks and obligationsAll clear
Data from public registers, not a credit rating.
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Public procurement
1 contractsPublic contracts won worth 40 111 € from 1 contracting authorities (20.05.2024–20.05.2024).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Kotzebue tn 10 hoonesisesed ehitustööd | Eesti Kunstiakadeemia | 40 111 € | 20.05.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Osaühing Novatarget
Overview
Osaühing Novatarget (registry code 11400122) is a private limited company (OÜ). The company was entered in the Commercial Register in 2007 and has been registered for 19 years. Registered location: Sõitme küla, Kuusalu vald, Harju maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE101159818).
Financial results
Revenue in financial year 2025 was 1 047 690 €, up 12,3% on the previous year (932 683 €). From 2019 to 2025, revenue grew by an average of 25,3% per year. Net profit for financial year 2025 was 3155 € (0,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 15 employees. Revenue per employee was 69 846 €. At the end of financial year 2025, total assets were 452 524 € and equity 334 799 € (74,0% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 186 625 €, down 23,1% on the same quarter a year earlier. The company had 16 employees in that quarter. Labour taxes paid in the quarter: 30 161 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1280 € per month.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
Data sources and freshness
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 25.05.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.