OÜ Magitan
RegisteredKey figures
Ratios
2025Summary: OÜ Magitan
What kind of company is it?
OÜ Magitan (registry code 12403989) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 13 years. Registered location: Maardu linn, Harju maakond. According to the latest annual report, the main activity is renting and leasing of construction machinery and equipment (EMTAK 77321). The company is registered for VAT (VAT number EE101645681).
How is the company doing financially?
Revenue in financial year 2025 was 107 590 €, down 27,1% on the previous year (147 549 €). From 2019 to 2025, revenue declined by an average of 0,9% per year. Net profit for financial year 2025 was 18 845 € (17,5% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 107 590 €. At the end of financial year 2025, total assets were 201 849 € and equity 197 637 € (97,9% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 43 081 €, up 3,0% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 1307 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 400 € per month.
Who runs the company and who owns it?
The management board has 2 members. 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. Latest register change: 21.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 15.05.2026. 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 | 43 081 € | 4 | 1307 € |
| Q2 2026 | 9932 € | 4 | 218 € |
| Q1 2026 | 36 585 € | 4 | 454 € |
| Q4 2025 | 27 859 € | 4 | 785 € |
| Q3 2025 | 41 830 € | 4 | 488 € |
| Q2 2025 | 17 700 € | 4 | 796 € |
| Q1 2025 | 59 764 € | 4 | 775 € |
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 | 167 818 | 134 066 | 89 068 | 147 549 | 107 590 |
| Net profit | 62 680 | 23 665 | −3145 | 48 922 | 18 845 |
| Retained earnings | 44 170 | 106 850 | 130 515 | 127 370 | 176 292 |
| Total assets | 145 827 | 138 339 | 133 305 | 188 177 | 201 849 |
| Total liabilities | 36 477 | 5324 | 3435 | 9385 | 4212 |
| Total equity | 109 350 | 133 015 | 129 870 | 178 792 | 197 637 |
| Employees | 3 | 2 | 2 | 2 | 1 |
| Average gross salary (monthly) | — | 368 | — | 416 | 668 |
| 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
2 recordsState aid and de minimis aid in total 3006 € (2021). Largest grantors: Eesti Töötukassa (3006 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 906 € | 12.12.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 2100 € | 27.05.2021 |
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 ↗
Change history
2 changes- 09.11.2026*Added: Management board member Vassil Skuška
- 21.10.2026Registry entry changed
Entered in the register on 11.01.2013.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
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