Aktsiaselts MASEKONORD

Registered
10058816Public limited company (AS)Founded 1996
Qualified audit opinion. 2022 report: Qualified.

Key figures

868 022 €+9,8%
Revenue 2025
−11,4%
Average annual change 2019–2025
0500 k1 m1,5 m2 m2019202020212022202320242025

Ratios

2025

Summary: Aktsiaselts MASEKONORD

What kind of company is it?

Aktsiaselts MASEKONORD (registry code 10058816) is a public limited company (AS). The company was entered in the Commercial Register in 1996 and has been registered for 30 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE100278198).

How is the company doing financially?

Revenue in financial year 2025 was 868 022 €, up 9,8% on the previous year (790 804 €). From 2019 to 2025, revenue declined by an average of 11,4% per year. Net profit for financial year 2025 was 76 216 € (8,8% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 15 employees. Revenue per employee was 57 868 €. At the end of financial year 2025, total assets were 3 082 900 € and equity 2 910 694 € (94,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 249 453 €, up 4,1% on the same quarter a year earlier. The company had 11 employees in that quarter. Labour taxes paid in the quarter: 38 862 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2220 € per month.

Who runs the company and who owns it?

The management board has 3 members. The supervisory board has 3 members. 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 25.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026249 453 €1138 862 €
Q2 2026257 261 €1232 676 €
Q1 2026275 283 €1240 169 €
Q4 2025243 192 €1437 365 €
Q3 2025239 619 €1444 575 €
Q2 2025220 727 €1638 608 €
Q1 2025247 973 €1645 321 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

Equity decreased by 97 478 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.

History
dividend other equity decrease
20250 €+97 478 € other
20240 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue1 852 5091 640 114837 274790 804868 022
Net profit−186 937110 05952 868413176 216
Retained earnings——110 059162 927167 057
Total assets3 480 4163 255 8873 141 9533 102 6683 082 900
Total liabilities715 517380 929214 127170 711172 206
Total equity2 764 8992 874 9582 927 8262 931 9572 910 694
Employees6750151515
Average gross salary (monthly)880982141816261611
Calculated dividend———00

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Aktsiaselts MASEKONORD2Helena HakkinenKatriin Kaju2Nikita PokatiloMihhail Maslennikov2Irina StupakovaViktor Getman
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 1391 € (2023–2024). Largest grantors: Eesti Töötukassa (1359 €), Põllumajanduse Registrite ja Informatsiooni Amet (32 €).

Show all aid records (4)
2024701 €
2023690 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetKoolitus VTA17 €06.09.2024
Põllumajanduse Registrite ja Informatsiooni AmetKoolitus VTA15 €16.05.2024
Eesti TöötukassaKalanduslik VTA669 €01.01.2024
Eesti TöötukassaKalanduslik VTA690 €06.09.2023

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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