Modernal OÜRegistered
Key figures
117 003 €−58,2%
Revenue 2025
+50,2%
Average annual growth 2019–2025
Ratios
20251,3%
Profit margin
14,7%
EBITDA margin
97,3%
Equity ratio
18×
Current ratio
0,7%
Return on equity
895 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 14 070 € | 1 | 1204 € |
| Q1 2026 | 28 000 € | 1 | 1164 € |
| Q4 2025 | 24 356 € | 1 | 1126 € |
| Q3 2025 | 31 030 € | 1 | 1126 € |
| Q2 2025 | 23 154 € | 1 | 1126 € |
| Q1 2025 | 29 289 € | 1 | 4089 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 4265 | 5574 | 17 013 | 70 693 | 77 393 | 101 353 | 112 454 |
| Total non-current assets | — | — | — | 13 300 | 89 640 | 139 385 | 123 740 |
| Total assets | 4265 | 5574 | 17 013 | 83 993 | 167 033 | 240 738 | 236 194 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 0 | 0 | 353 | 4590 | 7129 | 12 502 | 6423 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 0 | 0 | 353 | 4590 | 7129 | 12 502 | 6423 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 1088 | 1765 | 3074 | 14 160 | 76 903 | 157 404 | 225 736 |
| Profit for the year | 677 | 1309 | 11 086 | 62 743 | 80 501 | 68 332 | 1535 |
| Total equity | 4265 | 5574 | 16 660 | 79 403 | 159 904 | 228 236 | 229 771 |
| Income statement | |||||||
| Sales revenue | 10 206 | 17 564 | 71 772 | 120 668 | 220 359 | 280 139 | 117 003 |
| Operating profit | 677 | 1309 | 11 086 | 62 743 | 80 166 | 68 332 | 1535 |
| EBITDA | — | — | — | — | 85 426 | 77 547 | 17 180 |
| Profit before income tax | 677 | 1309 | 11 086 | 62 743 | 80 501 | 68 332 | 1535 |
| Profit for the reporting year | 677 | 1309 | 11 086 | 62 743 | 80 501 | 68 332 | 1535 |
| Labour costs | 0 | 0 | 1968 | 2393 | 29 487 | 50 018 | 15 563 |
| Depreciation of non-current assets | — | — | — | — | 5260 | 9215 | 15 645 |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 0 | 2 | 3 | 1 |
| Calculated dividend | — | 0 | 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.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Construction of utility projects for electricity and telecommunications
Same address