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In the third quarter of 2022, InCorpora OÜ team consisted of 15 employees, who were paid an estimated average gross salary of 2 205 EUR / month.

InCorpora OÜ: Wage rally

In the third quarter of 2022, InCorpora OÜ team consisted of 15 employees, who were paid an estimated average gross salary of 2 205 EUR / month.

Comparsion with the previous quarter

Compared to the second quarter the teams size did not change.

Summary of the year

Each year, an employee receives an average salary of 2 138 EUR per month and a turnover of an average of 4 517 EUR for the company. Labor costs are an average of 65% of turnover.

Wage rally

The company would probably have enough funds to increase the payroll, because in the last declared financial year (2021) the company ended with a profit, which could increase the salary of each employee by a maximum of 208 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 2 496 EUR.

Comparsion with the sectoral average

InCorpora OÜ operates in the sector PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES, where the average monthly salary is 1 366 EUR. In Harju, where the company operates, the average monthly salary is 1 630 EUR. *

* The average wage is calculated according to the data of the Tax and Customs Board according to the calculation of labor taxes paid in the last 4 quarters (companies that pay wages below the minimum wage or do not pay labor taxes at all are excluded).

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InCorpora OÜ: Success story

InCorpora OÜ started almost 5 years ago when board member T. N. founded the company, was new to business with no prior experience.
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InCorpora OÜ started almost 5 years ago when board member T. N. founded the company, was new to business with no prior experience.

InCorpora OÜ's field is bookkeeping, tax consulting. According to data from 2022, 5189 more companies are active in the same field (NACE 69202), employing altogether 10008 people and the field has an estimated turnover of around 679.07 million euros in 2022.

InCorpora OÜ - Assets and Finances 2020

  • Productivity per employee: 4 467€
  • Gross margin: 3%
  • No of employees: down by 1
  • Turnover rose: 27% (706 492 €)
  • Credit score: Good
Location

Company's legal address is Harju maakond, Tallinn, Kesklinna linnaosa, Viru väljak 2.

Market share

InCorpora OÜ is a company with a 0% market share of the overall turnover in its field in 2019. In the last three years the venture has earned a profit of 59 thousand euros, with a gross turnover of 2,04 million euros.

Top 3 in the Field (2020)

Bookkeeping, tax consulting


Companies with the strongest profits, Low Credit Score and Risk Assessment at ’Reliable’:

Companies with the heaviest losses, High Credit Score and Risk Assessment at ’Risky’:

InCorpora OÜ board members

Board member T. N.

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T. N. started business activities already 20 years ago, being 25 years old. T. N. has in total managed 25 companies of which he currently is a board member in 4 companies. 2 of those have active economic activity (incl.VAT payers).

T. N. has operated or is operating in the fields of:

1. Bookkeeping, tax consulting (2020 gross turnover 706 492 €, 2021 estimated gross turnover 817 598 €, 2020 4 quarter's labor taxes 55 413 €, Total employees 15 people and Total fixed assets 2 500 €)

2. Agents involved in the sale of a variety of goods (2020 gross turnover 1 938 584 €, 2021 estimated gross turnover 640 402 €, 2020 4 quarter's labor taxes 0 €, Total employees 0 people and Total fixed assets 2 500 €)

3. Non-specialised wholesale trade (2020 gross turnover 11 387 977 €, 2021 estimated gross turnover 1 081 564 €, 2020 4 quarter's labor taxes 419 €, Total employees 1 people and Total fixed assets 2 500 €)

4. Activities of holding companies (2020 gross turnover 0 € and Total fixed assets 10 056 €)

5. Wholesale of medical appliances and surgical and orthopaedic instruments and devices (Total fixed assets 2 500 €)

6. Wholesale of grain, unmanufactured tobacco, seeds and animal feeds

7. Wholesale of chemical products

8. Rental and operating of own or leased real estate

9. Business and other management consultancy activities

10. Agents involved in the sale of timber and building materials

11. Real estate agencies

Business area2020 turnover2021 estimated turnoverLabor taxesStaffFixed assets
1. Bookkeeping, tax consulting706 492 €817 598 €55 413 €152 500 €
2. Agents involved in the sale of a variety of goods1 938 584 €640 402 €0 €02 500 €
3. Non-specialised wholesale trade11 387 977 €1 081 564 €419 €12 500 €
4. Activities of holding companies0 €---10 056 €
5. Wholesale of medical appliances and surgical and orthopaedic instruments and devices----2 500 €

T. N.

General data

Active in business almost 21 years

Companies led: 25

At 2022 leader of 8 companies. 3 of those have active economic activity.

Assets and Finances 2020 (all related companies)

Labor taxes of active companies: 140 191 €

Total turnover: 14 033 053 €

Total profits: 1 420 484 €

Total number of employees: 19

The biggest payroll:InCorpora OÜ

Total estimated turnover in 2019: 2 539 565 €

Most successful company led by T. N. is NEXERO OÜ, active in the field of Agents involved in the sale of a variety of goods. This company is led by 1 board member, who employ 0 employees and have turnover of 640.4 thousand (2021 y. estimation). T. N. was a board member in this company 4 months ago, leading the company for about 7 years. Last time T. N. left a company was 3 months ago from LARISBERG DEVELOPMENT OÜ, having led the company for 10 years. Status of the company is In liquidation.

T. N. is the liquidator in LARISBERG DEVELOPMENT OÜ, which operates in the field: Activities of holding companies. LARISBERG DEVELOPMENT OÜ company's year 2020 monthly turnover on average was 0.

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