Must Kaelkirjak OÜ

Registered
12938993Private limited company (OÜ)Founded 2015

Key figures

159 629 €+3,3%
Revenue 2025
+68,9%
Average annual growth 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Summary: Must Kaelkirjak OÜ

What kind of company is it?

Must Kaelkirjak OÜ (registry code 12938993) 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: Tahkuranna küla, Häädemeeste vald, Pärnu maakond. According to the latest annual report, the main activity is other non-specialised retail sale (EMTAK 47121). The company is registered for VAT (VAT number EE102409295).

How is the company doing financially?

Revenue in financial year 2025 was 159 629 €, up 3,3% on the previous year (154 577 €). From 2019 to 2025, revenue grew by an average of 68,9% per year. Net profit for financial year 2025 was 699 € (0,4% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 53 210 €. At the end of financial year 2025, total assets were 67 452 € and equity 53 822 € (79,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 70 968 €, up 1,8% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 6381 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1120 € 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 18.03.2026. 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 202670 968 €46381 €
Q2 202636 149 €64591 €
Q1 202632 198 €34352 €
Q4 202555 730 €35913 €
Q3 202569 714 €34661 €
Q2 202529 952 €33856 €
Q1 202537 252 €34960 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
dividend other equity decrease
20250 €
20240 €
20230 €
20220 €
20210 €+2500 € other
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue56 37978 000161 276154 577159 629
Net profit16 229−296710 8618931699
Retained earnings17 56936 29833 33144 19253 123
Total assets36 17342 19959 68168 08267 452
Total liabilities2375886815 48914 95913 630
Total equity33 79833 33144 19253 12353 822
Employees12223
Average gross salary (monthly)—60682211891055
Calculated dividend00000

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
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
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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100%Must Kaelkirjak OÜ3Kairi Pajo
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

14 records

State aid and de minimis aid in total 15 041 € (2022–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (11 645 €), Riigi Tugiteenuste Keskus (3261 €), MTÜ Maakondlikud Arenduskeskused (135 €).

Show all aid records (14)
2026146 €
20251095 €
20241980 €
202310 080 €
20221740 €
GrantorPurposeAmountDate
Riigi Tugiteenuste KeskusMuu61 €25.03.2026
MTÜ Maakondlikud ArenduskeskusedMuu85 €12.02.2026
Ettevõtluse ja Innovatsiooni SihtasutusMuu25 €27.12.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu210 €07.11.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu860 €02.06.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu200 €18.12.2024
MTÜ Maakondlikud ArenduskeskusedMuu50 €13.11.2024
Ettevõtluse ja Innovatsiooni SihtasutusMuu630 €16.06.2024
Riigi Tugiteenuste KeskusMuu400 €14.05.2024
Riigi Tugiteenuste KeskusMuu700 €13.03.2024
Riigi Tugiteenuste KeskusMuu1000 €29.06.2023
Riigi Tugiteenuste KeskusMuu1100 €05.05.2023
Ettevõtluse ja Innovatsiooni SihtasutusMuu VTA7980 €02.05.2023
Ettevõtluse ja Innovatsiooni SihtasutusMuu VTA1740 €01.03.2022

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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