Nullelement OÜ

Registered
12599338Private limited company (OÜ)Founded 2014

Key figures

65 383 €+153,0%
Revenue 2025
+1,5%
Average annual growth 2019–2025
025 k50 k75 k100 k2019202020212022202320242025

Ratios

2025

Summary: Nullelement OÜ

What kind of company is it?

Nullelement OÜ (registry code 12599338) is a private limited company (OÜ). The company was entered in the Commercial Register in 2014 and has been registered for 12 years. Registered location: Ummaru küla, Rapla vald, Rapla maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE101692155).

How is the company doing financially?

Revenue in financial year 2025 was 65 383 €, up 153% on the previous year (25 839 €). From 2019 to 2025, revenue grew by an average of 1,5% per year. Financial year 2025 ended with a loss of 1856 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 65 383 €. At the end of financial year 2025, total assets were 26 397 € and equity 16 399 € (62,1% of assets). Based on labour costs in the report, the estimated average gross salary was about 610 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 2300 €, down 88,5% on the same quarter a year earlier.

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 30.06.2026. 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 20262300 €—0 €
Q2 20260 €—1331 €
Q1 202611 000 €—0 €
Q4 202513 763 €—292 €
Q3 202520 000 €—585 €
Q2 202526 467 €1877 €
Q1 202511 333 €1824 €

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 750 € (5% of distributable profit).

History
2025750 €
20240 €
20230 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue63 38177 38389 47525 83965 383
Net profit−20 64365522183−23 413−1856
Retained earnings51 82631 18337 73539 91815 755
Total assets65 28450 08248 90934 59026 397
Total liabilities31 6019847649115 5859998
Total equity33 68340 23542 41819 00516 399
Employees12211
Average gross salary (monthly)584671559—608
Calculated dividend0000750

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 note6 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
Filed late: 2023, 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.

Connections graph

Click a node to see its other connections.

100%Nullelement OÜ1Meelis Mägi
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

Loading list of reports…

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

Related companies