Novert OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	21.04.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	27.04.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	25.04.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	03.05.2023	Valid	PDF
2021	15.10.2020 – 31.12.2021	03.06.2022	Valid	PDF

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains1 Licenses1 Regulations6 Public transactions24 Grants–State aid1 Public procurement4 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	11 076 €	8 975 €	131 899 €−0,4%	4
2026 Q2	13 270 €	8 173 €	132 379 €+43,9%	4
2026 Q1	15 655 €	10 436 €	91 997 €−47,7%	4
Total 2026:	40 001 €	27 584 €	356 275 €
2025 Q4	19 252 €	9 275 €	175 915 €+59,6%	5
2025 Q3	10 527 €	5 927 €	110 210 €+50,4%	4
2025 Q2	10 759 €	7 134 €	73 281 €+19,3%	3
2025 Q1	12 764 €	7 886 €	61 437 €+16,3%	4
Total 2025:	53 302 €	30 222 €	420 843 €
2024 Q4	9 528 €	7 955 €	52 832 €−39,6%	4
2024 Q3	13 072 €	8 125 €	87 512 €+21,1%	4
2024 Q2	15 273 €	6 965 €	72 290 €−33,7%	4
2024 Q1	18 659 €	8 560 €	109 099 €+38,9%	4
Total 2024:	56 532 €	31 605 €	321 733 €
2023 Q4	11 994 €	5 930 €	78 567 €−45,1%	4
2023 Q3	18 922 €	6 113 €	143 075 €+137%	4
2023 Q2	4 197 €	3 662 €	60 384 €+108%	4
2023 Q1	3 116 €	2 775 €	29 033 €−28,9%	3
Total 2023:	38 229 €	18 480 €	311 059 €
2022 Q4	6 780 €	3 195 €	40 820 €+33,4%	1
2022 Q3	6 089 €	4 087 €	30 603 €+19,6%	3
2022 Q2	5 389 €	2 414 €	25 594 €+57,0%	2
2022 Q1	2 457 €	1 323 €	16 299 €−38,2%	2
Total 2022:	20 715 €	11 019 €	113 316 €
2021 Q4	3 822,10 €	2 482,05 €	26 355 €	2
2021 Q3	1 149,15 €	1 279,52 €	-	2
2021 Q2	1 237,44 €	1 373,85 €	-	1
2021 Q1	-	-	-	1
Total 2021:	6 208,69 €	5 135,42 €	26 355 €
2020 Q4	-	-	-	1
Total 2020:	0 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Installation, repair and maintenance of plumbing and sanitary fittings		307 060 €	436 018 €
Plumbing installation	339 489 €

Tax debts

No tax debt found

No tax debt as of 23.10.2026

Representatives

	Personal ID code
Merli Lüütsepp	48812XXXXXX	24.12.1988 (37)	Board member	22.10.2021	-
Tarmo Lüütsepp	39305XXXXXX	07.05.1993 (33)	Board member	27.11.2020	-

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Shareholders

	Personal ID code
Tarmo Lüütsepp	39305XXXXXX	07.05.1993 (33)	Shareholder	2 500 EUR	100,00%	Sole ownership	01.09.2023	-

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Ultimate beneficial owners

	Personal ID code
Tarmo Lüütsepp	39305XXXXXX	07.05.1993 (33)	Direct holding	25.11.2020	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 131 899 €
Monthly average: 43 966 €
Per employee: 10 992 €
Equity ratio: 1 758,65%

Labour taxes

Turnover ratio: 6,80%
Tax ratio: 81,03%
Monthly average: 2 992 €
Per employee: 748 €

State taxes

Monthly average: 3 692 €
Turnover ratio: 8,40%

Estimated salary

Gross salary: 1 468 €
Net salary: 1 257 €

Aggregate data

	2025	2024	2023	2022	2021
Current assets	83 847 €+129%	36 634 €−26,6%	49 891 €+293%	12 709 €+121%	5 759 €
Non-current assets	21 457 €+7,0%	20 056 €+17,3%	17 098 €+154%	6 730 €	-
Total assets	105 304 €+85,8%	56 690 €−15,4%	66 989 €+245%	19 439 €+238%	5 759 €
Short-term liabilities	70 466 €+206%	22 998 €−9,9%	25 530 €+279%	6 741 €+148%	2 720 €
Long-term liabilities	605 €−41,0%	1 025 €−49,3%	-	2 021 €	-
Total liabilities	71 071 €+196%	24 023 €−5,9%	25 530 €+191%	8 762 €+222%	2 720 €
Share or stock capital	-	-	-	-	-
Retained earnings	30 166 €−22,6%	38 960 €+377%	8 176 €+1 414%	540 €−78,4%	2 500 €
Net profit	1 567 €+118%	-8 793 €−129%	30 783 €+303%	7 637 €+1 317%	539 €
Equity	34 233 €+4,8%	32 667 €−21,2%	41 459 €+288%	10 677 €+251%	3 039 €
Turnover	436 018 €+42,0%	307 060 €−9,6%	339 489 €+188%	117 942 €+57,5%	74 866 €
Profit margin	0,4%	-2,9%	9,1%	6,5%	0,7%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	8 300 €	-
Liquidity
Current ratio	1,9	2,1
Quick ratio	1,9	2,1
Cash ratio	1,3	0,0
Efficiency
Days sales outstanding (dso)	11,3	-
Asset turnover	9,4	13,0
Structure
Debt ratio	0,5	0,5
Profitability
Operating margin	6,7%	0,7%
Net profit margin	6,5%	0,7%
Return on assets (roa)	60,6%	9,4%
Return on equity (roe)	71,5%	17,7%

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Licences & notices


Notice of economic activity	EEH014500	Construction	Valid	09.12.2025	-

Regulations


Ä 50157481 / 6	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50157481 / 5	22.10.2021	Entry – Amendment entry	-	Entered into force22.10.2021
Ä 50157481 / 4	01.03.2021	Entry – Amendment entry under CRA § 525 (2)	-	Entered into force01.03.2021
Ä 50157481 / 3	27.11.2020	Entry – Conversion entry	-	Entered into force27.11.2020
Ä 50157481 / 2	25.11.2020	Entry – Amendment entry	-	Entered into force25.11.2020

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


25.09.2026	Tartu Linnavalitsus	5 728,80 €Received	OPERATING EXPENSESOther economy, incl. economic administration
12.05.2026	Anne Saun	357,43 €Received	OPERATING EXPENSESOther housing and municipal-services activities
06.03.2026	Anne Saun	1 110,42 €Received	OPERATING EXPENSESOther housing and municipal-services activities
09.02.2026	Eesti Töötukassa	797 €Received	OTHER GRANTSSocial protection of the unemployed
12.01.2026	Eesti Töötukassa	417,38 €Received	OTHER GRANTSSocial protection of the unemployed

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


20.08.2025	Eesti TöötukassaAid measure 231580	Palgatoetus VTA › Palgatoetus VTAGrant	2 903,09 €	231580/2602216

Public procurement contracts


21.04.2026End 20.04.2030	Reference number 305197 · Raamleping: Novert OÜ: Riigihanke osa 6 - Novert	Tartu LinnavalitsusContracting authority	700 000 €	Concluded
07.12.2023End 06.03.2024	Reference number 270592	Tartu LinnavalitsusContracting authority	75 065,06 €actual 73 283,70 €	Completed
28.09.2023End 08.12.2023	Reference number 269752 · Ehituse töövõtuleping: Vilja 2 korterisiseste küttelahenduste ehitustööd	Tartu linn, Vilja tn 2 korteriühistuContracting authority	57 861,10 €actual 57 559,56 €	Completed
24.05.2023End 31.08.2023	Reference number 262479 · Ehituse töövõtuleping nr ET 23/44	Tartu LinnavalitsusContracting authority	96 757,50 €	Completed

.ee domains


novert.ee	Active	27.02.2021	28.02.2027

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.