Osaühing MiTe Engineering
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Osaühing MiTe Engineering
What kind of company is it?
Osaühing MiTe Engineering (registry code 10342977) is a private limited company (OÜ). The company was entered in the Commercial Register in 1997 and has been registered for 28 years. Registered location: Viimsi alevik, Viimsi vald, Harju maakond. According to the latest annual report, the main activity is engineering design and consultancy for construction (EMTAK 71121). The company is registered for VAT (VAT number EE100436202).
How is the company doing financially?
Revenue in financial year 2025 was 299 046 €, down 12,8% on the previous year (343 075 €). From 2019 to 2025, revenue declined by an average of 14,0% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 3551 € (1,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 4 employees (3 a year earlier). Revenue per employee was 74 762 €. At the end of financial year 2025, total assets were 3 472 196 € and equity 2 972 067 € (85,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 46 072 €, down 31,9% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 21 750 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3300 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 2 owners. The largest stake (85,5%) 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 03.07.2026. 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 | 46 072 € | 4 | 21 750 € |
| Q2 2026 | 87 659 € | 4 | 15 787 € |
| Q1 2026 | 74 012 € | 4 | 20 797 € |
| Q4 2025 | 99 457 € | 4 | 15 436 € |
| Q3 2025 | 67 649 € | 4 | 18 944 € |
| Q2 2025 | 82 222 € | 4 | 13 832 € |
| Q1 2025 | 61 423 € | 4 | 13 819 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 60 000 € (2% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 1 870 404 | 1 927 618 | 582 468 | 343 075 | 299 046 |
| Net profit | 108 404 | 110 888 | 319 717 | 86 923 | 3551 |
| Retained earnings | 2 556 121 | 2 604 525 | 2 667 998 | 2 927 715 | 2 954 638 |
| Total assets | 3 412 683 | 3 824 693 | 3 658 640 | 3 556 872 | 3 472 196 |
| Total liabilities | 734 280 | 1 095 402 | 657 047 | 528 356 | 500 129 |
| Total equity | 2 678 403 | 2 729 291 | 3 001 593 | 3 028 516 | 2 972 067 |
| Employees | 4 | 4 | 3 | 3 | 4 |
| Average gross salary (monthly) | 1572 | 2100 | 2398 | 2737 | 2417 |
| Calculated dividend | 20 000 | 60 000 | 47 415 | 60 000 | 60 000 |
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 obligations2 notes6 clear
Data from public registers, not a credit rating.
Connections graph
State aid and grants
7 recordsState aid and de minimis aid in total 13 422 € (2018–2022). Largest grantors: Elering AS (13 419 €), Põllumajanduse Registrite ja Informatsiooni Amet (3 €).
Show all aid records (7)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 509 € | 31.10.2022 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 376 € | 31.10.2021 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 463 € | 31.10.2020 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 499 € | 30.11.2019 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 373 € | 30.09.2018 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 11 200 € | 24.04.2018 |
The total also includes 1 tax reductions worth 3 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.
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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