OÜ MODIFOR

Registered
10769463Private limited company (OÜ)Founded 2001

Key figures

188 808 €+53,6%
Revenue 2025
+14,6%
Average annual growth 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Summary: OÜ MODIFOR

What kind of company is it?

OÜ MODIFOR (registry code 10769463) is a private limited company (OÜ). The company was entered in the Commercial Register in 2001 and has been registered for 25 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is manufacture of builders' carpentry and joinery (EMTAK 1623). The company is registered for VAT (VAT number EE100713653).

How is the company doing financially?

Revenue in financial year 2025 was 188 808 €, up 53,6% on the previous year (122 943 €). From 2019 to 2025, revenue grew by an average of 14,6% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 55 154 € (29,2% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 62 936 €. At the end of financial year 2025, total assets were 232 658 € and equity 188 026 € (80,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 48 635 €, down 14,4% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 2349 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 660 € per month.

Who runs the company and who owns it?

The company has one management board member. 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 30.06.2026. 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 202648 635 €32349 €
Q2 202635 667 €22241 €
Q1 202610 280 €24169 €
Q4 202567 713 €34749 €
Q3 202556 836 €34240 €
Q2 202533 885 €34116 €
Q1 202533 120 €33113 €

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.

History
20250 €
20240 €
20230 €
20221800 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue92 543171 64375 175122 943188 808
Net profit319448 420−751916 20255 154
Retained earnings67 34568 739117 159109 640125 842
Total assets81 475179 498165 775180 648232 658
Total liabilities390655 30949 10547 77644 632
Total equity77 569124 189116 670132 872188 026
Employees22223
Average gross salary (monthly)951111810561114979
Calculated dividend01800000

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
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%OÜ MODIFORKristjan Kurvits
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 4060 € (2021). Largest grantors: Eesti Töötukassa (4060 €).

Show all aid records (1)
20214060 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA4060 €21.09.2021

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

Loading list of reports…

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

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