ModernMaterial OÜ

Registered
14272535Private limited company (OÜ)Founded 2017

Key figures

230 061 €+45,2%
Revenue 2025
−15,4%
Average annual change 2019–2025
0250 k500 k750 k1 m2019202020212022202320242025

Ratios

2025

Summary: ModernMaterial OÜ

What kind of company is it?

ModernMaterial OÜ (registry code 14272535) 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: Mustamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of mining, construction and civil engineering machinery (EMTAK 46631). The company is registered for VAT (VAT number EE102015676).

How is the company doing financially?

Revenue in financial year 2025 was 230 061 €, up 45,2% on the previous year (158 393 €). From 2019 to 2025, revenue declined by an average of 15,4% per year. Net profit for financial year 2025 was 7121 € (3,1% of revenue). The company was profitable in all 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 622 997 € and equity 620 761 € (99,6% 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 management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 09.07.2026. 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 20260 €——
Q2 20260 €——
Q1 20260 €——
Q4 20250 €——
Q3 20250 €——
Q2 20250 €——
Q1 202533 974 €——

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
20250 €
20240 €
20230 €
2022359 151 €
2021139 785 €
2020460 000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue902 985466 776334 586158 393230 061
Net profit486 74523 16018 49672867121
Retained earnings434 604562 198585 358603 854611 140
Total assets970 038684 318608 978616 767622 997
Total liabilities46 18996 460262431272236
Total equity923 849587 858606 354613 640620 761
Employees00000
Calculated dividend139 785359 151000

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 note6 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
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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50%50%ModernMaterial OÜ1Igor Lypyts'kyy1Sergii Kushchenko
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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