Mägi OÜ
RegisteredKey figures
Ratios
2025Summary: Mägi OÜ
What kind of company is it?
Mägi OÜ (registry code 12782574) is a private limited company (OÜ). The company was entered in the Commercial Register in 2015 and has been registered for 11 years. Registered location: Ranna küla, Peipsiääre vald, Tartu maakond. According to the latest annual report, the main activity is support services to forestry (EMTAK 02401). The company is registered for VAT (VAT number EE102357910).
How is the company doing financially?
Revenue in financial year 2025 was 208 307 €, up 2,9% on the previous year (202 429 €). From 2019 to 2025, revenue grew by an average of 47,4% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 345 € (0,2% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 5 employees (4 a year earlier). Revenue per employee was 41 661 €. At the end of financial year 2025, total assets were 43 760 € and equity 2875 € (6,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 53 993 €, up 32,7% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 13 552 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1310 € 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 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 53 993 € | 7 | 13 552 € |
| Q2 2026 | 67 730 € | 8 | 10 161 € |
| Q1 2026 | 48 069 € | 5 | 7947 € |
| Q4 2025 | 58 532 € | 6 | 8780 € |
| Q3 2025 | 40 680 € | 6 | 8321 € |
| Q2 2025 | 55 452 € | 6 | 10 740 € |
| Q1 2025 | 57 473 € | 6 | 7054 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 26 700 € (100% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 81 313 | 136 610 | 189 808 | 202 429 | 208 307 |
| Net profit | 939 | 7313 | 37 953 | 21 533 | 345 |
| Retained earnings | 3221 | 1 | 1264 | 5197 | 30 |
| Total assets | 13 046 | 22 965 | 67 262 | 57 783 | 43 760 |
| Total liabilities | 8886 | 13 151 | 25 545 | 28 553 | 40 885 |
| Total equity | 4160 | 9814 | 41 717 | 29 230 | 2875 |
| Employees | 3 | 3 | 4 | 4 | 5 |
| Average gross salary (monthly) | 1070 | 1716 | 1228 | 1444 | 1255 |
| Calculated dividend | 0 | 1659 | 6050 | 34 020 | 26 700 |
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.
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State aid and grants
3 recordsState aid and de minimis aid in total 7412 € (2020–2024). Largest grantors: Eesti Töötukassa (7412 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 4795 € | 26.08.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 1504 € | 01.02.2022 |
| Eesti Töötukassa | Tugiisikuga töötamine VTA | 1113 € | 29.12.2020 |
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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