Mustakivi Piljard OÜ

Registered
12273499Private limited company (OÜ)Founded 2012

Key figures

236 549 €−1,4%
Revenue 2025
+6,3%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Mustakivi Piljard OÜ

What kind of company is it?

Mustakivi Piljard OÜ (registry code 12273499) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 14 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is operation of sports facilities (EMTAK 93111). The company is registered for VAT (VAT number EE101704878).

How is the company doing financially?

Revenue in financial year 2025 was 236 549 €, down 1,4% on the previous year (239 869 €). From 2019 to 2025, revenue grew by an average of 6,3% per year. Net profit for financial year 2025 was 47 654 € (20,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 5 employees (4 a year earlier). Revenue per employee was 47 310 €. At the end of financial year 2025, total assets were 42 947 € and equity 3173 € (7,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 63 602 €, up 32,3% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 5231 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 950 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 23.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202663 602 €45231 €
Q2 202673 620 €44410 €
Q1 202679 388 €45064 €
Q4 202561 511 €54840 €
Q3 202548 068 €54434 €
Q2 202556 674 €45367 €
Q1 202581 183 €44614 €

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 47 000 €.

Low confidence: the amount exceeds retained earnings from previous years, from which dividends can be paid by law — probably a merger, an opening balance adjustment or a reporting error.

History
2025 ~47 000 €
2024 ~56 846 €
202332 096 €
20224140 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue73 212128 503192 653239 869236 549
Net profit14013357826248 25747 654
Retained earnings31 82429 08596−48 488−47 231
Total assets73 54575 44856 55552 59742 947
Total liabilities37 82040 50645 44750 07839 774
Total equity35 72534 94211 10825193173
Employees43345
Average gross salary (monthly)407814987856792
Calculated dividend0414032 09656 84647 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)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

50%50%Mustakivi Piljard OÜ2Alik Karajev9Vadim Abel
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 6347 € (2021). Largest grantors: Eesti Töötukassa (6347 €).

Show all aid records (1)
20216347 €
GrantorPurposeAmountDate
Eesti TöötukassaCOVID-19 VTA6347 €04.02.2021

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

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies