M2Mehitus OÜ
RegisteredKey figures
Ratios
2024/25Summary: M2Mehitus OÜ
What kind of company is it?
M2Mehitus OÜ (registry code 14305909) 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: Tartu linn, Tartu 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 EE102077928).
How is the company doing financially?
Revenue in financial year 2024/25 was 87 995 €, down 67,2% on the previous year (267 895 €). From 2019/20 to 2024/25, revenue grew by an average of 40,9% per year. Net profit for financial year 2024/25 was 12 264 € (13,9% of revenue). The company was profitable in 4 of the 6 published financial years. In financial year 2024/25 the company had 1 employees (3 a year earlier). Revenue per employee was 87 995 €. At the end of financial year 2024/25, total assets were 11 288 € and equity 1023 € (9,1% of assets). Based on labour costs in the report, the estimated average gross salary was about 1450 € 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 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. Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.
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 2024/25) was filed on 04.06.2025. 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 | 0 € | 1 | 22 € |
| Q2 2026 | 0 € | 1 | 22 € |
| Q1 2026 | 12 315 € | 1 | 1018 € |
| Q4 2025 | 17 705 € | 1 | 1909 € |
| Q3 2025 | 13 992 € | 1 | 1328 € |
| Q2 2025 | 21 120 € | 2 | 1678 € |
| Q1 2025 | 21 563 € | 1 | 1655 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|---|
| Sales revenue | 23 105 | 66 462 | 220 904 | 267 895 | 87 995 |
| Net profit | 314 | 904 | 914 | −16 154 | 12 264 |
| Retained earnings | 2154 | 2487 | 3390 | 4412 | −11 741 |
| Total assets | 5558 | 6960 | 11 214 | 17 094 | 11 288 |
| Total liabilities | 2590 | 3069 | 6410 | 28 336 | 10 265 |
| Total equity | 2968 | 3891 | 4804 | −11 242 | 1023 |
| Employees | 0 | 0 | 1 | 3 | 1 |
| Average gross salary (monthly) | — | — | 1010 | 1033 | 1450 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 |
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
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.