Smart Magnesium Works OÜ

Registered
14069691Private limited company (OÜ)Founded 2016

Key figures

113 032 €−80,4%
Revenue 2025
0200 k400 k600 k2019202020242025

Ratios

2025

Summary: Smart Magnesium Works OÜ

What kind of company is it?

Smart Magnesium Works OÜ (registry code 14069691) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 10 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of motor vehicle parts and accessories (EMTAK 46721). The company is registered for VAT (VAT number EE101908289).

How is the company doing financially?

Revenue in financial year 2025 was 113 032 €, down 80,4% on the previous year (576 553 €). Financial year 2025 ended with a loss of 45 953 €. The company was profitable in 1 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 267 722 € and equity 4526 € (1,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, the company declared no turnover in Q3 2026.

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 29.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20260 €——
Q2 20261504 €——
Q1 202617 700 €——
Q4 202533 396 €——
Q3 202522 199 €—0 €
Q2 202597 272 €—0 €
Q1 2025169 725 €—0 €

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
20212022202320242025
Sales revenue———576 553113 032
Net profit00047 979−45 953
Retained earnings————47 979
Total assets250025002500393 422267 722
Total liabilities———342 943263 196
Total equity25002500250050 4794526
Employees00000
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.

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100%Smart Magnesium Works…5Adrian Roy Willetts
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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