Modash OÜ
RegisteredKey figures
Ratios
2025Summary: Modash OÜ
What kind of company is it?
Modash OÜ (registry code 14434162) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102111318).
How is the company doing financially?
Revenue in financial year 2025 was 6 975 318 €, up 53,6% on the previous year (4 540 300 €). From 2019 to 2025, revenue grew by an average of 140% per year. This is the company's highest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 2 721 877 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 26 employees (17 a year earlier). Revenue per employee was 268 281 €. At the end of financial year 2025, total assets were 15 743 967 € and equity 10 256 673 € (65,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 13 112 605 €, up 17,4% on the same quarter a year earlier. The company had 32 employees in that quarter. Labour taxes paid in the quarter: 365 391 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 6700 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 18 owners. The largest stake (30,2%) is held by MoSyrup OÜ.
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 08.05.2026. 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 (984500164E177YD60A33) 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 13 112 605 € | 32 | 365 391 € |
| Q2 2026 | 12 019 415 € | 29 | 381 661 € |
| Q1 2026 | 11 150 437 € | 29 | 356 614 € |
| Q4 2025 | 10 449 313 € | 30 | 318 736 € |
| Q3 2025 | 11 168 036 € | 27 | 302 697 € |
| Q2 2025 | 7 480 468 € | 25 | 250 302 € |
| Q1 2025 | 6 739 255 € | 25 | 234 315 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 720 548 | 1 651 032 | 3 352 893 | 4 540 300 | 6 975 318 |
| Net profit | 396 041 | 155 046 | −1 440 919 | −120 510 | −2 721 877 |
| Retained earnings | −176 283 | 169 420 | 324 466 | 0 | −120 550 |
| Total assets | 479 948 | 2 453 711 | 2 386 274 | 8 562 044 | 15 743 967 |
| Total liabilities | 260 190 | 138 969 | 1 020 028 | 1 510 304 | 5 487 294 |
| Total equity | 219 758 | 2 314 742 | 1 366 246 | 7 051 740 | 10 256 673 |
| Employees | 7 | 8 | 11 | 17 | 26 |
| Average gross salary (monthly) | 1876 | 2990 | 7277 | 6345 | 7320 |
| 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 obligationsAll clear
Data from public registers, not a credit rating.
Connections graph10 of 20 people
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The graph shows the largest/first people in each role (10 of 20). All connections are listed on the “Related people” card.
State aid and grants
18 recordsState aid and de minimis aid in total 234 584 € (2017–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (234 584 €).
Show all aid records (18)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 74 089 € | 28.09.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 70 905 € | 16.03.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 53 655 € | 03.10.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 29 594 € | 11.04.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 0 € | 11.12.2019 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 681 € | 05.12.2019 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 347 € | 11.09.2019 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 17 € | 06.12.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 694 € | 30.06.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 163 € | 30.06.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 917 € | 30.06.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 329 € | 30.06.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 1365 € | 30.06.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 239 € | 30.06.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 103 € | 30.06.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 271 € | 13.02.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 813 € | 09.02.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 402 € | 12.12.2017 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
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