Osaühing MIHKEL X
RegisteredKey figures
Ratios
2025Summary: Osaühing MIHKEL X
What kind of company is it?
Osaühing MIHKEL X (registry code 10087002) is a private limited company (OÜ). The company was entered in the Commercial Register in 1996 and has been registered for 30 years. Registered location: Kalme küla, Elva vald, Tartu maakond. According to the latest annual report, the main activity is construction of water, gas and sewerage pipelines (EMTAK 42211). The company is registered for VAT (VAT number EE100273944).
How is the company doing financially?
Revenue in financial year 2025 was 1 376 524 €, down 3,9% on the previous year (1 431 696 €). From 2019 to 2025, revenue declined by an average of 2,2% per year. Net profit for financial year 2025 was 1897 € (0,1% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 12 employees (13 a year earlier). Revenue per employee was 114 710 €. At the end of financial year 2025, total assets were 677 981 € and equity 281 424 € (41,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 367 156 €, down 27,6% on the same quarter a year earlier. The company had 15 employees in that quarter. Labour taxes paid in the quarter: 58 445 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2430 € per month.
Who runs the company and who owns it?
The management board has 4 members. According to the register, the company has 6 owners. The largest stake (49,8%) is held by 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 05.03.2026. 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 | 367 156 € | 15 | 58 445 € |
| Q2 2026 | 417 585 € | 14 | 53 697 € |
| Q1 2026 | 234 502 € | 13 | 50 275 € |
| Q4 2025 | 370 769 € | 12 | 50 804 € |
| Q3 2025 | 507 196 € | 12 | 56 109 € |
| Q2 2025 | 293 414 € | 13 | 45 255 € |
| Q1 2025 | 299 336 € | 12 | 45 702 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 1 724 575 | 1 745 733 | 1 116 981 | 1 431 696 | 1 376 524 |
| Net profit | 16 966 | 1578 | −236 771 | 1206 | 1897 |
| Retained earnings | 436 098 | 453 064 | 454 642 | 217 871 | 219 077 |
| Total assets | 1 207 036 | 1 132 375 | 848 550 | 617 252 | 677 981 |
| Total liabilities | 693 522 | 617 283 | 570 229 | 337 725 | 396 557 |
| Total equity | 513 514 | 515 092 | 278 321 | 279 527 | 281 424 |
| Employees | 16 | 15 | 13 | 13 | 12 |
| Average gross salary (monthly) | 1988 | 2089 | 2407 | 2373 | 2477 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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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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