Miltek OÜ

Registered

12713047Private limited company (OÜ)Founded 2014

Key figures

322 377 €−5,0%

Revenue 2025

+61,9%

Average annual growth 2019–2025

Ratios

2025

−7,0%

Profit margin

−7,0%

EBITDA margin

95,5%

Equity ratio

19×

Current ratio

−32,4%

Return on equity

2255 €

Average gross salary

Summary: Miltek OÜ

What kind of company is it?

Miltek OÜ (registry code 12713047) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other building completion and finishing (EMTAK 43351). The company is registered for VAT (VAT number EE101738983).

How is the company doing financially?

Revenue in financial year 2025 was 322 377 €, down 5,0% on the previous year (339 460 €). From 2019 to 2025, revenue grew by an average of 61,9% per year. Financial year 2025 ended with a loss of 22 677 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 107 459 €. At the end of financial year 2025, total assets were 73 215 € and equity 69 954 € (95,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 54 674 €, down 42,4% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 7189 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2250 € 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 25.05.2026. 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	54 674 €	2	7189 €
Q2 2026	42 915 €	2	7189 €
Q1 2026	800 €	2	7805 €
Q4 2025	74 519 €	2	8113 €
Q3 2025	94 931 €	2	8866 €
Q2 2025	66 257 €	2	11 176 €
Q1 2025	158 240 €	3	9456 €

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	25 543	39 515	528 322	339 460	322 377
Net profit	−2779	3122	91 225	−17 827	−22 677
Retained earnings	16 561	13 782	16 905	107 959	90 131
Total assets	18 398	70 744	130 625	125 401	73 215
Total liabilities	2116	51 340	19 995	32 769	3261
Total equity	16 282	19 404	110 630	92 632	69 954
Employees	0	0	2	3	3
Average gross salary (monthly)	—	—	791	1815	1813
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

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

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State aid and grants

1 record

State aid and de minimis aid in total 4668 € (2024). Largest grantors: Eesti Töötukassa (4668 €).

Show all aid records (1)

20244668 €

Grantor	Purpose	Amount	Date
Eesti Töötukassa	Palgatoetus VTA	4668 €	01.01.2024

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

Loading list of reports…

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

Related companies

Largest in the same sector — Construction

Same activity — Other building completion and finishing