Novatek OÜ
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2025Summary: Novatek OÜ
What kind of company is it?
Novatek OÜ (registry code 16806811) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 3 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other specialised construction activities (EMTAK 43999). The company is registered for VAT (VAT number EE102650840).
How is the company doing financially?
Revenue in financial year 2025 was 1 134 713 €, up 553% on the previous year (173 863 €). Net profit for financial year 2025 was 60 653 € (5,3% of revenue). In financial year 2025 the company had 6 employees (3 a year earlier). Revenue per employee was 189 119 €. At the end of financial year 2025, total assets were 273 042 € and equity 110 962 € (40,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 302 862 €, down 15,3% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 12 895 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1130 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is a private individual.
Where does the data come from and how fresh is it?
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 28.07.2026. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 302 862 € | 8 | 12 895 € |
| Q2 2026 | 276 830 € | 10 | 24 616 € |
| Q1 2026 | 152 239 € | 9 | 18 919 € |
| Q4 2025 | 240 775 € | 8 | 12 978 € |
| Q3 2025 | 357 546 € | 8 | 18 296 € |
| Q2 2025 | 467 614 € | 6 | 12 335 € |
| Q1 2025 | 194 297 € | 5 | 6407 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2024–2025
| 2023/24 | 2025 | |
|---|---|---|
| Sales revenue | 173 863 | 1 134 713 |
| Net profit | 50 309 | 60 653 |
| Retained earnings | — | 50 309 |
| Total assets | 62 233 | 273 042 |
| Total liabilities | 11 924 | 162 080 |
| Total equity | 50 309 | 110 962 |
| Employees | 3 | 6 |
| Average gross salary (monthly) | 1014 | 1246 |
| Calculated dividend | — | 0 |
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 obligations1 issue1 note5 clear
Data from public registers, not a credit rating.
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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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