M.AD OÜ

Registered
14142040Private limited company (OÜ)Founded 2016
Tax debt 16 676 € as of 09.11.2026 (incl. 16 676 € in a payment schedule).Source: Tax and Customs Board
Annual report for 2025 not filed.

Key figures

550 808 €+11,0%
Revenue 2024
+25,0%
Average annual growth 2019–2024
0200 k400 k600 k201920202021202220232024

Ratios

2024

Summary: M.AD OÜ

What kind of company is it?

M.AD OÜ (registry code 14142040) 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: Tubala küla, Hiiumaa vald, Hiiu maakond. According to the latest annual report, the main activity is media representation (selling advertising space) (EMTAK 73121). The company is registered for VAT (VAT number EE102613638).

How is the company doing financially?

Revenue in financial year 2024 was 550 808 €, up 11,0% on the previous year (496 140 €). From 2019 to 2024, revenue grew by an average of 25,0% per year. This is the company's highest revenue among the published years (2019–2024). Net profit for financial year 2024 was 252 601 € (45,9% of revenue). The company was profitable in 4 of the 6 published financial years. In financial year 2024 the company had 2 employees. Revenue per employee was 275 404 €. At the end of financial year 2024, total assets were 166 209 € and equity 110 933 € (66,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, the company declared no turnover in Q3 2026. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1190 € 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.

What should you look out for?

The annual report for financial year 2025 has not been filed on time.

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 2024) was filed on 16.06.2026. 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 €11714 €
Q2 20260 €10 €
Q1 20260 €1519 €
Q4 20250 €—2421 €
Q3 202559 607 €12861 €
Q2 20250 €16044 €
Q1 20250 €15757 €

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

Dividends

calculated
2024

Distributed as dividends 392 004 €.

Low confidence: the amount exceeds retained earnings from previous years, from which dividends can be paid by law — probably a merger, an opening balance adjustment or a reporting error.

History
2024 ~392 004 €
2023 ~108 653 €
20220 €
20210 €
20202700 €
Summary of financial statements2020–2024
20202021202220232024
Sales revenue36 790860496 140550 808
Net profit1689−1290349 912252 601
Retained earnings501767066577−102 076−144 168
Total assets958191869186310 098166 209
Total liabilities37510910959 76255 276
Total equity920690779077250 336110 933
Employees10022
Average gross salary (monthly)967——8182075
Calculated dividend270000108 653392 004

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 obligations2 issues5 clear
Register status
Registered
Business Register
Tax debt
16 676 €
as of 09.11.2026 (incl. 16 676 € in a payment schedule)
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
2/3 filed
Not filed: 2025
Filed late: 2024
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
100%M.AD OÜMarko Sui
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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