Master Bates OÜ
RegisteredKey figures
Ratios
2024Summary: Master Bates OÜ
What kind of company is it?
Master Bates OÜ (registry code 11017512) is a private limited company (OÜ). The company was entered in the Commercial Register in 2004 and has been registered for 22 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001).
How is the company doing financially?
Revenue in financial year 2024 was 75 426 €, up 63,6% on the previous year (46 107 €). From 2019 to 2024, revenue declined by an average of 9,1% per year. Net profit for financial year 2024 was 42 410 € (56,2% of revenue). The company was profitable in 5 of the 6 published financial years. In financial year 2024 the company had 2 employees (1 a year earlier). Revenue per employee was 37 713 €. At the end of financial year 2024, total assets were 123 511 € and equity 119 032 € (96,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q2 2025 was 43 168 €. Labour taxes paid in the quarter: 1321 €.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is Osaühing Solid Kinnisvara.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 05.05.2025. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q2 2025. 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 |
|---|---|---|---|
| Q2 2025 | 43 168 € | — | 1321 € |
| Q1 2025 | 55 772 € | 2 | 955 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 98 795 | 27 092 | 87 176 | 46 107 | 75 426 |
| Net profit | 4483 | −23 619 | 40 826 | 5662 | 42 410 |
| Retained earnings | 46 458 | 50 941 | 27 322 | 68 148 | 73 810 |
| Total assets | 73 789 | 45 464 | 82 795 | 86 459 | 123 511 |
| Total liabilities | 20 036 | 15 330 | 11 835 | 9837 | 4479 |
| Total equity | 53 753 | 30 134 | 70 960 | 76 622 | 119 032 |
| Employees | 2 | 1 | 1 | 1 | 2 |
| Average gross salary (monthly) | 969 | 472 | 1316 | 747 | — |
| 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.
Risks and obligations2 issues4 clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 2274 € (2024). Largest grantors: Eesti Töötukassa (2274 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 2274 € | 14.03.2024 |
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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