Kirde Mahe OÜ

Registered
12581580Private limited company (OÜ)Founded 2013
Tax debt 2384 € as of 09.11.2026 (incl. 2384 € in a payment schedule).Source: Tax and Customs Board

Key figures

130 122 €+41,5%
Revenue 2025
−9,0%
Average annual change 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Kirde Mahe OÜ

What kind of company is it?

Kirde Mahe OÜ (registry code 12581580) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 12 years. Registered location: Iisaku alevik, Alutaguse vald, Ida-Viru maakond. According to the latest annual report, the main activity is growing of cereals (except rice), pulses and oilseeds (EMTAK 01111). The company is registered for VAT (VAT number EE101753780).

How is the company doing financially?

Revenue in financial year 2025 was 130 122 €, up 41,5% on the previous year (91 969 €). From 2019 to 2025, revenue declined by an average of 9,0% per year. Net profit for financial year 2025 was 10 079 € (7,7% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 65 061 €. At the end of financial year 2025, total assets were 469 697 € and equity 242 576 € (51,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 162 448 €, up 72,3% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 3429 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1190 € 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 26.05.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026162 448 €23429 €
Q2 202633 312 €23404 €
Q1 202627 171 €23833 €
Q4 202526 945 €24523 €
Q3 202594 264 €33486 €
Q2 2025140 €32708 €
Q1 20259530 €22622 €

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 35 000 € (13% of distributable profit).

History
202535 000 €
20240 €
20230 €
20220 €
202163 019 €
202017 659 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue185 801270 590112 04391 969130 122
Net profit11691 45029 98521 78710 079
Retained earnings118 259121 775213 225243 210229 997
Total assets529 702488 983557 938535 230469 697
Total liabilities408 827273 258312 228267 733227 121
Total equity120 875215 725245 710267 497242 576
Employees32222
Average gross salary (monthly)9537339058211098
Calculated dividend63 01900035 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 obligations1 issue1 note5 clear
Register status
Registered
Business Register
Tax debt
2384 €
as of 09.11.2026 (incl. 2384 € in a payment schedule)
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
Filed late: 2024
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.

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100%Kirde Mahe OÜ2Jaanis Kurs
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State aid and grants

32 records

State aid and de minimis aid in total 190 893 € (2017–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (124 991 €), Maaelu Edendamise SA (65 902 €).

Show all aid records (32)
20268945 €
20258160 €
202414 979 €
20238368 €
202210 695 €
202117 411 €
202076 903 €
201916 228 €
GrantorPurposeAmountDate
Maaelu Edendamise SAPõllumajanduslik VTA · Soft loan5902 €*06.08.2024
Maaelu Edendamise SAKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" (p/m esmatootmine) · Soft loan60 000 €07.07.2020

The total also includes 30 tax reductions worth 124 991 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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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