Massiiv OÜRegistered

14381750Private limited company (OÜ)Founded 2017

Key figures

133 690 €+144,9%
Revenue 2025
+25,8%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202633 704 €1877 €
Q2 202620 794 €1877 €
Q1 20266936 €1855 €
Q4 202546 083 €1812 €
Q3 202528 336 €11087 €
Q2 202510 670 €1812 €
Q1 202530 231 €1780 €

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 6000 € (71% of distributable profit).

History
20256000 €
20240 €
202320 000 €
202225 000 €
2021 ~25 000 €
20200 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets19 27453 55768 45768 51727 665846772 748
Total non-current assets20478120177810 83615 09928 038
Total assets21 32154 36968 45770 29538 50123 566100 786
Balance sheet — liabilities and equity
Current liabilities04994772910 48711 17212 65031 998
Non-current liabilities———————
Total liabilities04994772910 48711 17212 65031 998
Share capital2500250025002500250025002500
Retained earnings of previous periods579523 65021 87533 22837 30824 8292416
Profit for the year13 02628 05436 35324 080−12 479−16 41363 872
Reserves and other equity—−4829—————
Total equity21 32149 37560 72859 80827 32910 91668 788
Income statement
Sales revenue33 70990 824117 338120 296121 90254 599133 690
Operating profit16 72628 06142 52229 191−7778−16 41365 565
EBITDA17 28829 29543 33429 973−4769−10 72175 438
Profit before income tax16 72628 05442 51829 173−7766−16 41365 564
Profit for the reporting year13 02628 05436 35324 080−12 479−16 41363 872
Labour costs026 05128 41929 41028 41914 387931
Depreciation of non-current assets5621234812782300956929873
Other indicators
Employees0111110
Calculated dividend—025 00025 00020 00006000

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
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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%Massiiv OÜRauno Kitsing
CompanyPersonShareholderOther roleAdditional link

Public procurement

3 contracts

Public contracts won worth 69 714 € from 3 contracting authorities (02.10.2023–13.05.2026). Plus 1 framework agreements shared with other suppliers (not included in the total).

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL
YearFiles
2025DDOC/BDOCPDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

Source: e-Business Register (RIK). Files open/download directly from the official register.

Summary: Massiiv OÜ

Overview

Massiiv OÜ (registry code 14381750) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 8 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is activities of advertising agencies (EMTAK 73111). The company is registered for VAT (VAT number EE102031472).

Financial results

Revenue in financial year 2025 was 133 690 €, up 145% on the previous year (54 599 €). From 2019 to 2025, revenue grew by an average of 25,8% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 63 872 € (47,8% of revenue). The company was profitable in 5 of the 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 100 786 € and equity 68 788 € (68,3% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 33 704 €, up 18,9% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 877 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 710 € per month.

Management and owners

The company has one management board member. The sole owner of the company is a private individual.

Data sources and freshness

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 07.01.2026. 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.

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