Estonian Medical Group OÜ

Registered
14281511Private limited company (OÜ)Founded 2017
Going concern uncertainty. In the 2020 report the auditor pointed to material uncertainty about the company's ability to continue as a going concern.

Key figures

15 306 €+119,4%
Revenue 2025
05 k10 k15 k20 k2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Estonian Medical Group OÜ

What kind of company is it?

Estonian Medical Group OÜ (registry code 14281511) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other business support service activities n.e.c. (EMTAK 82991). The company is registered for VAT (VAT number EE102500563).

How is the company doing financially?

Revenue in financial year 2025 was 15 306 €, up 119% on the previous year (6975 €). This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 544 412 € (3557% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 7653 €. At the end of financial year 2025, total assets were 4 984 853 € and equity 4 911 786 € (98,5% of assets). Based on labour costs in the report, the estimated average gross salary was about 880 € per month.

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 (70%) is held by a private individual.

What should you look out for?

In the report for financial year 2020, the auditor pointed to a material uncertainty about the company's ability to continue as a going concern.

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 30.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (98450055EE95A00F3B61) comes from the GLEIF database. 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 €—2242 €
Q2 20263945 €—2175 €
Q1 20260 €—2349 €
Q4 2025510 €—2965 €
Q3 20256532 €—2965 €
Q2 202554 016 €—2965 €
Q1 20251800 €—2859 €

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

Dividends

calculated
2025

Distributed as dividends 225 000 € (5% of distributable profit).

History
2025225 000 €
2024156 182 €
2023125 300 €
20220 €
2021 ~650 000 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue0346613 634697515 306
Net profit571 2463 650 65070 1321 188 701544 412
Retained earnings−718 304−38 2273 487 1233 401 0734 364 774
Total assets23153 616 3433 947 4294 664 1814 984 853
Total liabilities146 8731320387 57471 80773 067
Total equity−144 5583 615 0233 559 8554 592 3744 911 786
Employees00222
Average gross salary (monthly)———815881
Calculated dividend650 0000125 300156 182225 000

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 note7 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: 2023, 2024
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
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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70%30%Estonian Medical Grou…9+Priit PihelaKatrin Pihela
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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