Mindworks Industries OÜRegistered
Tax debt 18 966 € as of 30.09.2026 (incl. 18 966 € in a payment schedule).Source: Tax and Customs Board
Key figures
1 267 461 €−17,9%
Revenue 2025
+4,6%
Average annual growth 2019–2025
Ratios
2025−10,4%
Profit margin
−9,2%
EBITDA margin
1,8%
Equity ratio
0,5×
Current ratio
−2811,9%
Return on equity
4200 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 183 793 € | 9 | 63 134 € |
| Q1 2026 | 201 668 € | 9 | 55 607 € |
| Q4 2025 | 322 247 € | 11 | 113 912 € |
| Q3 2025 | 313 642 € | 16 | 114 818 € |
| Q2 2025 | 372 108 € | 17 | 114 132 € |
| Q1 2025 | 334 199 € | 16 | 117 669 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
No dividends were distributed.
History
20250 €
202455 000 €
2023325 000 €
2022179 999 €
2021240 000 €
2020143 100 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 280 486 | 339 468 | 288 816 | 479 749 | 280 933 | 206 281 | 128 937 |
| Total non-current assets | 9920 | 158 595 | 157 491 | 160 204 | 155 712 | 148 674 | 136 462 |
| Total assets | 290 406 | 498 063 | 446 307 | 639 953 | 436 645 | 354 955 | 265 399 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 140 279 | 164 339 | 197 337 | 262 625 | 269 055 | 218 504 | 260 713 |
| Non-current liabilities | — | 80 569 | 60 901 | 40 365 | 21 133 | 0 | — |
| Total liabilities | 140 279 | 244 908 | 258 238 | 302 990 | 290 188 | 218 504 | 260 713 |
| Share capital | 6350 | 6350 | 6350 | 6350 | 6350 | 6350 | 6350 |
| Retained earnings of previous periods | −2048 | 38 | 6166 | 1081 | 4974 | 84 468 | 129 462 |
| Profit for the year | 145 186 | 246 128 | 174 914 | 328 893 | 134 494 | 44 994 | −131 765 |
| Reserves and other equity | 639 | 639 | 639 | 639 | 639 | 639 | 639 |
| Total equity | 150 127 | 253 155 | 188 069 | 336 963 | 146 457 | 136 451 | 4686 |
| Income statement | |||||||
| Sales revenue | 966 966 | 1 371 382 | 1 486 243 | 1 732 202 | 1 887 022 | 1 543 525 | 1 267 461 |
| Operating profit | 145 369 | 281 898 | 234 898 | 366 222 | 203 258 | 56 843 | −128 419 |
| EBITDA | 150 836 | 287 322 | 244 899 | 378 680 | 217 544 | 70 466 | −116 206 |
| Profit before income tax | 145 186 | 281 903 | 230 754 | 362 756 | 199 375 | 53 948 | −131 765 |
| Profit for the reporting year | 145 186 | 246 128 | 174 914 | 328 893 | 134 494 | 44 994 | −131 765 |
| Labour costs | 476 898 | 639 508 | 736 043 | 935 719 | 1 166 837 | 1 084 144 | 968 035 |
| Depreciation of non-current assets | 5467 | 5424 | 10 001 | 12 458 | 14 286 | 13 623 | 12 213 |
| Other indicators | |||||||
| Employees | 13 | 15 | 16 | 18 | 19 | 19 | 15 |
| Calculated dividend | — | 143 100 | 240 000 | 179 999 | 325 000 | 55 000 | 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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