MAST Europe OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 10 590 885 € | 100 | 420 748 € |
| Q2 2026 | 9 566 844 € | 95 | 387 038 € |
| Q1 2026 | 8 655 421 € | 90 | 399 830 € |
| Q4 2025 | 8 355 458 € | 87 | 419 288 € |
| Q3 2025 | 7 805 039 € | 87 | 423 459 € |
| Q2 2025 | 9 555 656 € | 96 | 397 719 € |
| Q1 2025 | 9 484 640 € | 96 | 385 853 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 109 200 € (7% of distributable profit).
Low confidence: in the same year part of the retained earnings moved to reserves or share capital, or a contribution was made — the exact dividend is unclear, the lower estimate is shown.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 4 629 434 | 7 084 717 | 7 477 740 | 11 392 136 | 9 550 673 | 11 189 542 | 11 305 843 |
| Total non-current assets | 3 696 261 | 3 512 867 | 4 555 677 | 4 950 046 | 5 226 860 | 4 405 025 | 4 071 857 |
| Total assets | 8 325 695 | 10 597 584 | 12 033 417 | 16 342 182 | 14 777 533 | 15 594 567 | 15 377 700 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 1 966 641 | 5 753 567 | 5 878 655 | 8 291 922 | 6 277 237 | 6 901 333 | 6 961 004 |
| Non-current liabilities | 3 598 454 | 3 494 495 | 2 902 911 | 3 220 748 | 3 369 873 | 3 634 456 | 3 468 945 |
| Total liabilities | 5 565 095 | 9 248 062 | 8 781 566 | 11 512 670 | 9 647 110 | 10 535 789 | 10 429 949 |
| Share capital | 1 782 500 | 3 282 500 | 3 282 500 | 3 282 500 | 3 282 500 | 3 282 500 | 3 282 500 |
| Retained earnings of previous periods | −130 923 | −560 274 | −2 013 428 | −111 099 | 1 366 562 | 1 419 478 | 1 450 278 |
| Profit for the year | −429 351 | −1 453 154 | 1 902 329 | 1 577 661 | 300 911 | 148 355 | −1827 |
| Reserves and other equity | 1 538 374 | 80 450 | 80 450 | 80 450 | 180 450 | 208 445 | 216 800 |
| Total equity | 2 760 600 | 1 349 522 | 3 251 851 | 4 829 512 | 5 130 423 | 5 058 778 | 4 947 751 |
| Income statement | |||||||
| Sales revenue | 15 047 659 | 13 833 545 | 23 706 291 | 36 883 537 | 28 294 193 | 29 930 399 | 27 049 573 |
| Operating profit | −36 589 | −1 443 387 | 2 218 255 | 1 974 768 | 536 384 | 758 796 | 37 642 |
| EBITDA | 468 443 | −1 162 530 | 2 494 465 | 2 259 756 | 873 092 | 1 105 981 | 403 877 |
| Profit before income tax | −429 351 | −1 453 154 | 1 902 329 | 1 577 661 | 300 911 | 203 355 | 28 973 |
| Profit for the reporting year | −429 351 | −1 453 154 | 1 902 329 | 1 577 661 | 300 911 | 148 355 | −1827 |
| Labour costs | 2 174 147 | 2 189 636 | 2 919 062 | 3 642 510 | 4 015 082 | 4 041 607 | 4 072 319 |
| Depreciation of non-current assets | 505 032 | 280 857 | 276 210 | 284 988 | 336 708 | 347 185 | 366 235 |
| Other indicators | |||||||
| Employees | 77 | 78 | 0 | 101 | 100 | 97 | 93 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 220 000 | 109 200 |
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 note5 clear
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: MAST Europe OÜ
Overview
MAST Europe OÜ (registry code 12066435) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 15 years. Registered location: Narva linn, Ida-Viru maakond. According to the latest annual report, the main activity is raua, terase ja ferrosulamite tootmine (EMTAK 24101). The company is registered for VAT (VAT number EE101437925).
Financial results
Revenue in financial year 2025 was 27 049 573 €, down 9,6% on the previous year (29 930 399 €). From 2019 to 2025, revenue grew by an average of 10,3% per year. Financial year 2025 ended with a loss of 1827 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 93 employees (97 a year earlier). Revenue per employee was 290 856 €. At the end of financial year 2025, total assets were 15 377 700 € and equity 4 947 751 € (32,2% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 10 590 885 €, up 35,7% on the same quarter a year earlier. The company had 100 employees in that quarter. Labour taxes paid in the quarter: 420 748 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2600 € per month.
Management and owners
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (98,5%) 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 01.07.2026. 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.