MHK Motors OÜ

Registered

12938237Private limited company (OÜ)Founded 2015

Key figures

355 107 €+14,3%

Revenue 2025

+0,4%

Average annual growth 2019–2025

Ratios

2025

1,7%

Profit margin

16,7%

EBITDA margin

36,0%

Equity ratio

2,3×

Current ratio

5,8%

Return on equity

768 €

Average gross salary

Summary: MHK Motors OÜ

What kind of company is it?

MHK Motors OÜ (registry code 12938237) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is freight transport by road (EMTAK 49411). The company is registered for VAT (VAT number EE101834007).

How is the company doing financially?

Revenue in financial year 2025 was 355 107 €, up 14,3% on the previous year (310 767 €). Net profit for financial year 2025 was 6035 € (1,7% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 88 777 €. At the end of financial year 2025, total assets were 287 475 € and equity 103 399 € (36,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 143 446 €, up 53,9% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 3922 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 770 € 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 02.06.2026. 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	143 446 €	4	3922 €
Q2 2026	99 532 €	4	3083 €
Q1 2026	79 925 €	4	3808 €
Q4 2025	95 407 €	4	3913 €
Q3 2025	93 217 €	4	3913 €
Q2 2025	92 001 €	4	3913 €
Q1 2025	58 189 €	4	3134 €

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	356 928	463 616	340 025	310 767	355 107
Net profit	−9996	12 344	2568	8140	6035
Retained earnings	81 808	71 812	84 156	86 724	94 864
Total assets	177 525	226 390	189 514	172 534	287 475
Total liabilities	103 213	139 734	100 290	75 170	184 076
Total equity	74 312	86 656	89 224	97 364	103 399
Employees	4	4	4	4	4
Average gross salary (monthly)	559	535	606	634	751
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

Click a node to see its other connections.

CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 14 999 € (2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (14 999 €).

Show all aid records (1)

202514 999 €

Grantor	Purpose	Amount	Date
Ettevõtluse ja Innovatsiooni Sihtasutus	Muu	14 999 €	17.09.2025

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 — Freight transport by road