Majar OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Majar OÜ
What kind of company is it?
Majar OÜ (registry code 12177301) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is other specialised construction activities (EMTAK 43999). The company is registered for VAT (VAT number EE102666931).
How is the company doing financially?
Revenue in financial year 2025 was 244 968 €, up 150% on the previous year (98 053 €). This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 38 776 € (15,8% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 81 656 €. At the end of financial year 2025, total assets were 90 197 € and equity 75 830 € (84,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 207 964 €, up 226% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 6460 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1130 € 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 12.04.2026. 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 | 207 964 € | 4 | 6460 € |
| Q2 2026 | 69 497 € | 4 | 5450 € |
| Q1 2026 | 7316 € | 4 | 5822 € |
| Q4 2025 | 116 587 € | 5 | 2872 € |
| Q3 2025 | 63 872 € | 4 | 2985 € |
| Q2 2025 | 49 571 € | 2 | 2496 € |
| Q1 2025 | 21 548 € | 1 | 3131 € |
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 | 0 | 7795 | 68 617 | 98 053 | 244 968 |
| Net profit | 0 | 4098 | 28 467 | 1549 | 38 776 |
| Retained earnings | 440 | 440 | 4084 | 32 551 | 34 100 |
| Total assets | 2940 | 7038 | 44 159 | 54 496 | 90 197 |
| Total liabilities | — | — | 8653 | 17 442 | 14 367 |
| Total equity | 2940 | 7038 | 35 506 | 37 054 | 75 830 |
| Employees | 0 | 0 | 1 | 2 | 3 |
| Average gross salary (monthly) | — | — | 303 | 873 | 809 |
| 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 obligationsAll clear
Data from public registers, not a credit rating.
Connections graph
State aid and grants
1 recordState aid and de minimis aid in total 3064 € (2024). Largest grantors: Eesti Töötukassa (3064 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 3064 € | 25.11.2024 |
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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