M&M Vara OÜ
RegisteredKey figures
Ratios
2025Summary: M&M Vara OÜ
What kind of company is it?
M&M Vara OÜ (registry code 11223950) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 20 years. Registered location: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE101103974).
How is the company doing financially?
Revenue in financial year 2025 was 1 475 328 €, down 3,1% on the previous year (1 522 274 €). From 2019 to 2025, revenue declined by an average of 1,6% per year. Net profit for financial year 2025 was 585 302 € (39,7% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 7 employees (8 a year earlier). Revenue per employee was 210 761 €. At the end of financial year 2025, total assets were 13 561 016 € and equity 6 464 892 € (47,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 417 424 €, up 20,6% on the same quarter a year earlier. The company had 5 employees in that quarter. Labour taxes paid in the quarter: 18 467 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2310 € 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 417 424 € | 5 | 18 467 € |
| Q2 2026 | 379 137 € | 5 | 18 341 € |
| Q1 2026 | 430 975 € | 5 | 17 714 € |
| Q4 2025 | 360 319 € | 5 | 21 808 € |
| Q3 2025 | 346 061 € | 4 | 19 489 € |
| Q2 2025 | 365 231 € | 8 | 18 170 € |
| Q1 2025 | 401 001 € | 8 | 16 296 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 81 900 € (1% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 1 573 433 | 1 636 415 | 1 524 063 | 1 522 274 | 1 475 328 |
| Net profit | 345 082 | 1 944 402 | 491 817 | 517 805 | 585 302 |
| Retained earnings | 6 211 543 | 3 122 254 | 5 042 656 | 5 440 873 | 5 876 778 |
| Total assets | 15 034 856 | 13 321 813 | 13 399 480 | 13 422 302 | 13 561 016 |
| Total liabilities | 8 475 419 | 8 252 345 | 7 862 195 | 7 460 812 | 7 096 124 |
| Total equity | 6 559 437 | 5 069 468 | 5 537 285 | 5 961 490 | 6 464 892 |
| Employees | 8 | 8 | 8 | 8 | 7 |
| Average gross salary (monthly) | 979 | 1097 | 1438 | 1281 | 1568 |
| Calculated dividend | 682 591 | 3 434 371 | 24 000 | 93 600 | 81 900 |
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 note7 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 1 € (2020). Largest grantors: Tallinna Linnakantselei (1 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Tallinna Linnakantselei | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 1 € | 01.04.2020 |
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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