Novatarget Grupp OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 8674 € | — | 6196 € |
| Q2 2026 | 41 097 € | 5 | 14 715 € |
| Q1 2026 | 47 513 € | 6 | 12 305 € |
| Q4 2025 | 76 725 € | 6 | 10 537 € |
| Q3 2025 | 67 070 € | 6 | 14 142 € |
| Q2 2025 | 86 186 € | 6 | 11 073 € |
| Q1 2025 | 63 640 € | 6 | 10 404 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 17 000 € (32% 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 | 39 193 | 45 392 | 66 451 | 82 265 | 60 857 | 66 941 | 77 714 |
| Total non-current assets | 0 | 0 | 4744 | 10 535 | 13 562 | 16 058 | 12 056 |
| Total assets | 39 193 | 45 392 | 71 195 | 92 800 | 74 419 | 82 999 | 89 770 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 0 | 0 | 9006 | 7642 | 13 142 | 21 607 | 25 300 |
| Non-current liabilities | 0 | 0 | 0 | 0 | — | 5355 | 5476 |
| Total liabilities | 0 | 0 | 9006 | 7642 | 13 142 | 26 962 | 30 776 |
| Share capital | 2508 | 2508 | 2508 | 2508 | 2508 | 2508 | 2508 |
| Retained earnings of previous periods | 9648 | 36 381 | 42 580 | 59 377 | 52 346 | 54 465 | 36 225 |
| Profit for the year | 26 733 | 6299 | 16 749 | 22 969 | 6119 | −1240 | 19 957 |
| Reserves and other equity | 304 | 204 | 352 | 304 | 304 | 304 | 304 |
| Total equity | 39 193 | 45 392 | 62 189 | 85 158 | 61 277 | 56 037 | 58 994 |
| Income statement | |||||||
| Sales revenue | 64 858 | 12 911 | 186 964 | 207 115 | 265 847 | 207 759 | 299 569 |
| Operating profit | 26 733 | 6299 | 16 749 | 22 969 | 1119 | 202 | 25 176 |
| EBITDA | 26 733 | 6299 | 17 096 | 24 971 | 16 022 | 4156 | 29 178 |
| Profit before income tax | 26 733 | 6299 | 16 749 | 22 969 | 1119 | −589 | 24 752 |
| Profit for the reporting year | 26 733 | 6299 | 16 749 | 22 969 | 6119 | −1240 | 19 957 |
| Labour costs | 0 | 0 | 75 147 | 18 842 | 110 662 | 79 963 | 131 112 |
| Depreciation of non-current assets | 0 | 0 | 347 | 2002 | 14 903 | 3954 | 4002 |
| Other indicators | |||||||
| Employees | 0 | 0 | 5 | 5 | 6 | 6 | 6 |
| Calculated dividend | — | 0 | 0 | 0 | 30 000 | 4000 | 17 000 |
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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Summary: Novatarget Grupp OÜ
Overview
Novatarget Grupp OÜ (registry code 14195361) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Sõitme küla, Kuusalu vald, Harju maakond. According to the latest annual report, the main activity is muud eriehitustööd hoonete ehitusel (EMTAK 43421). The company is registered for VAT (VAT number EE101959102).
Financial results
Revenue in financial year 2025 was 299 569 €, up 44,2% on the previous year (207 759 €). From 2019 to 2025, revenue grew by an average of 29,0% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 19 957 € (6,7% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 6 employees. Revenue per employee was 49 928 €. At the end of financial year 2025, total assets were 89 770 € and equity 58 994 € (65,7% of assets). Based on labour costs in the report, the estimated average gross salary was about 1360 € per month.
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 8674 €, down 87,1% on the same quarter a year earlier. Labour taxes paid in the quarter: 6196 €.
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.