MG Art OÜ

Registered

12748235Private limited company (OÜ)Founded 2014

Key figures

458 091 €−48,5%

Revenue 2025

+7,4%

Average annual growth 2019–2025

Ratios

2025

3,0%

Profit margin

5,0%

EBITDA margin

43,3%

Equity ratio

1,7×

Current ratio

13,0%

Return on equity

873 €

Average gross salary

Summary: MG Art OÜ

What kind of company is it?

MG Art OÜ (registry code 12748235) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other transportation support activities n.e.c. (EMTAK 52269). The company is registered for VAT (VAT number EE102092372).

How is the company doing financially?

Revenue in financial year 2025 was 458 091 €, down 48,5% on the previous year (889 995 €). From 2019 to 2025, revenue grew by an average of 7,4% per year. Net profit for financial year 2025 was 13 588 € (3,0% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 229 046 €. At the end of financial year 2025, total assets were 240 626 € and equity 104 237 € (43,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 6409 €, down 92,0% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2331 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 870 € 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 28.05.2026. 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	6409 €	2	2331 €
Q2 2026	22 352 €	3	2636 €
Q1 2026	32 299 €	3	3092 €
Q4 2025	156 151 €	3	3335 €
Q3 2025	79 959 €	3	2490 €
Q2 2025	156 414 €	3	3322 €
Q1 2025	144 179 €	2	2944 €

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 10 000 € (10% of distributable profit).

History

202510 000 €

202425 234 €

20230 €

202210 002 €

20210 €

202010 000 €

Summary of financial statements2021–2025

	2021	2022	2023	2024	2025
Sales revenue	605 210	1 535 083	546 719	889 995	458 091
Net profit	3150	70 354	−86 546	89 793	13 588
Retained earnings	56 634	49 782	120 136	8356	88 149
Total assets	74 250	237 280	284 331	249 704	240 626
Total liabilities	11 966	114 644	248 241	149 055	136 389
Total equity	62 284	122 636	36 090	100 649	104 237
Employees	1	2	2	1	2
Average gross salary (monthly)	961	1094	607	1351	885
Calculated dividend	0	10 002	0	25 234	10 000

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

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 3189 € (2025). Largest grantors: Eesti Töötukassa (3189 €).

Show all aid records (1)

20253189 €

Grantor	Purpose	Amount	Date
Eesti Töötukassa	Palgatoetus VTA	3189 €	17.06.2025

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 — Transport and storage

Same activity — Other transportation support activities n.e.c.