MGM Vara OÜ
RegisteredKey figures
Ratios
2025Summary: MGM Vara OÜ
What kind of company is it?
MGM Vara OÜ (registry code 11109349) is a private limited company (OÜ). The company was entered in the Commercial Register in 2005 and has been registered for 21 years. Registered location: Rälby küla, Vormsi vald, Lääne maakond. According to the latest annual report, the main activity is non-specialised wholesale agency services (EMTAK 46191). The company is registered for VAT (VAT number EE100960655).
How is the company doing financially?
Revenue in financial year 2025 was 40 607 €, up 16,0% on the previous year (34 999 €). From 2019 to 2025, revenue grew by an average of 15,4% per year. Financial year 2025 ended with a loss of 36 812 €. The company was profitable in 1 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 813 590 € and equity 231 161 € (28,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 34 428 €, up 91,2% on the same quarter a year earlier.
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 29.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 34 428 € | — | 0 € |
| Q2 2026 | 8896 € | — | 0 € |
| Q1 2026 | 6506 € | — | 0 € |
| Q4 2025 | 7760 € | — | 0 € |
| Q3 2025 | 18 005 € | — | 0 € |
| Q2 2025 | 7212 € | — | 0 € |
| Q1 2025 | 7526 € | — | 0 € |
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 | 18 500 | 58 574 | 29 221 | 34 999 | 40 607 |
| Net profit | 151 666 | −11 101 | −47 920 | −30 385 | −36 812 |
| Retained earnings | 201 236 | 352 902 | 341 800 | 293 950 | 263 564 |
| Total assets | 359 216 | 483 171 | 576 391 | 560 925 | 813 590 |
| Total liabilities | 1905 | 136 961 | 278 102 | 292 951 | 582 429 |
| Total equity | 357 311 | 346 210 | 298 289 | 267 974 | 231 161 |
| Employees | 1 | 1 | 0 | 0 | 0 |
| Average gross salary (monthly) | 590 | — | — | — | — |
| 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 obligations1 note6 clear
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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