MHTechnic OÜ

Registered
14082875Private limited company (OÜ)Founded 2016

Key figures

114 275 €−38,1%
Revenue 2025
−26,0%
Average annual change 2019–2025
0200 k400 k600 k800 k2019202020212022202320242025

Ratios

2025

Summary: MHTechnic OÜ

What kind of company is it?

MHTechnic OÜ (registry code 14082875) 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: Hendrikumõisa küla, Viljandi vald, Viljandi maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE101940247).

How is the company doing financially?

Revenue in financial year 2025 was 114 275 €, down 38,1% on the previous year (184 615 €). From 2019 to 2025, revenue declined by an average of 26,0% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 55 779 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 1 employees (3 a year earlier). Revenue per employee was 114 275 €. At the end of financial year 2025, total assets were 106 466 € and equity 45 193 € (42,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 32 918 €, up 3,7% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 4872 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2980 € 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 01.07.2026. 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 202632 918 €14872 €
Q2 202651 973 €35606 €
Q1 202630 466 €33733 €
Q4 202537 143 €21143 €
Q3 202531 736 €11143 €
Q2 202538 782 €11734 €
Q1 20250 €11297 €

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 revenue282 540194 636217 866184 615114 275
Net profit−111−14 744−361949 419−55 779
Retained earnings67 52767 41652 67249 05398 472
Total assets334 426273 158253 310165 366106 466
Total liabilities264 510217 986201 75764 39461 273
Total equity69 91655 17251 553100 97245 193
Employees63431
Average gross salary (monthly)6748798107681200
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 obligations1 note5 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
Filed late: 2025
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%MHTechnic OÜPiret Helve1Madis Helve
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 303 € (2018). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (303 €).

Show all aid records (1)
2018303 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA303 €25.07.2018

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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