MASSAR Shipping OÜ
RegisteredKey figures
Ratios
2025Summary: MASSAR Shipping OÜ
What kind of company is it?
MASSAR Shipping OÜ (registry code 14234233) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other postal and courier services (EMTAK 53201). The company is registered for VAT (VAT number EE101964870).
How is the company doing financially?
Revenue in financial year 2025 was 536 346 €, up 40,5% on the previous year (381 870 €). From 2019 to 2025, revenue grew by an average of 24,5% per year. Net profit for financial year 2025 was 31 164 € (5,8% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 268 173 €. At the end of financial year 2025, total assets were 415 506 € and equity 326 542 € (78,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 136 467 €, down 11,5% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2731 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 990 € 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 18.02.2026. 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 | 136 467 € | 2 | 2731 € |
| Q2 2026 | 151 761 € | 2 | 2940 € |
| Q1 2026 | 114 122 € | 2 | 3226 € |
| Q4 2025 | 121 970 € | 2 | 3689 € |
| Q3 2025 | 154 121 € | 2 | 3391 € |
| Q2 2025 | 85 182 € | 2 | 2899 € |
| Q1 2025 | 104 914 € | 2 | 2311 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 53 846 € (15% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 438 972 | 408 150 | 559 651 | 381 870 | 536 346 |
| Net profit | 74 585 | 24 158 | 64 260 | 92 601 | 31 164 |
| Retained earnings | 93 620 | 168 205 | 192 363 | 256 623 | 295 378 |
| Total assets | 264 328 | 280 943 | 327 301 | 382 038 | 415 506 |
| Total liabilities | 96 123 | 88 580 | 70 678 | 32 814 | 88 964 |
| Total equity | 168 205 | 192 363 | 256 623 | 349 224 | 326 542 |
| Employees | 3 | 2 | 3 | 3 | 2 |
| Average gross salary (monthly) | 600 | 1100 | 849 | 887 | 1009 |
| Calculated dividend | 0 | 0 | 0 | 0 | 53 846 |
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
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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