CIEST METAL OÜRegistered

11643110Private limited company (OÜ)Founded 2009

Key figures

8 837 836 €+8,1%
Revenue 2025
+11,2%
Average annual growth 2019–2025
02,5 m5 m7,5 m10 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02 m4 m2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20262 303 403 €42168 112 €
Q2 20262 349 412 €38163 620 €
Q1 20262 578 908 €38176 812 €
Q4 20252 506 656 €40202 827 €
Q3 20252 262 961 €40188 976 €
Q2 20252 710 573 €41173 790 €
Q1 20252 809 325 €39171 923 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 210 000 € (11% of distributable profit).

History
2025210 000 €
202459 977 €
202353 658 €
202252 591 €
202165 551 €
202045 490 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets1 548 1431 753 3132 688 6542 326 3492 687 9742 687 2003 408 352
Total non-current assets109 905176 333179 439222 026215 654185 273198 909
Total assets1 658 0481 929 6462 868 0932 548 3752 903 6282 872 4733 607 261
Balance sheet — liabilities and equity
Current liabilities945 552987 0831 797 6741 145 4201 491 040905 3141 338 952
Non-current liabilities59 91485 33460 63435 08414 34943370
Total liabilities1 005 4661 072 4171 858 3081 180 5041 505 389909 6511 338 952
Share capital2556255625562556255625562556
Retained earnings of previous periods559 204604 024788 610954 1261 311 1451 335 1941 749 754
Profit for the year90 310250 137218 107410 67784 026624 560515 487
Reserves and other equity512512512512512512512
Total equity652 582857 2291 009 7851 367 8711 398 2391 962 8222 268 309
Income statement
Sales revenue4 665 4594 540 8896 464 3647 699 5926 768 0208 176 3928 837 836
Operating profit100 595270 842246 459430 883110 694627 519568 445
EBITDA121 737295 802282 109476 494165 100691 949645 533
Profit before income tax90 310260 899232 562420 61792 533634 584574 718
Profit for the reporting year90 310250 137218 107410 67784 026624 560515 487
Labour costs968 3201 019 9921 084 0111 212 9771 370 7711 556 6411 799 790
Depreciation of non-current assets21 14224 96035 65045 61154 40664 43077 088
Other indicators
Employees32363636363942
Calculated dividend—45 49065 55152 59153 65859 977210 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 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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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33,33%33,33%33,33%CIEST METAL OÜDmitri BanasevitšMaksim Ivanov2Ruslan Banasevitš
CompanyPersonShareholderOther roleAdditional link

Public procurement

3 contracts

Public contracts won worth 2 128 338 € from 3 contracting authorities (16.04.2024–03.01.2025).

Source: Public Procurement Register open data from October 2023. All public tenders

Summary: CIEST METAL OÜ

Overview

CIEST METAL OÜ (registry code 11643110) is a private limited company (OÜ). The company was entered in the Commercial Register in 2009 and has been registered for 17 years. Registered location: Maardu linn, Harju maakond. According to the latest annual report, the main activity is manufacture of other structural metal products and parts (EMTAK 25119). The company is registered for VAT (VAT number EE101297246).

Financial results

Revenue in financial year 2025 was 8 837 836 €, up 8,1% on the previous year (8 176 392 €). From 2019 to 2025, revenue grew by an average of 11,2% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 515 487 € (5,8% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 42 employees (39 a year earlier). Revenue per employee was 210 425 €. At the end of financial year 2025, total assets were 3 607 261 € and equity 2 268 309 € (62,9% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 2 303 403 €, up 1,8% on the same quarter a year earlier. The company had 42 employees in that quarter. Labour taxes paid in the quarter: 168 112 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2490 € per month.

Management and owners

The management board has 3 members. According to the register, the company has 3 owners. The largest stake (33,3%) is held by a private individual.

Data sources and freshness

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 24.03.2026. 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.

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