Model Metal OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 328 459 € | 13 | 34 482 € |
| Q2 2026 | 604 765 € | 9 | 40 142 € |
| Q1 2026 | 471 046 € | 10 | 34 803 € |
| Q4 2025 | 441 708 € | 9 | 39 412 € |
| Q3 2025 | 350 189 € | 9 | 32 424 € |
| Q2 2025 | 229 977 € | 8 | 33 492 € |
| Q1 2025 | 180 195 € | 10 | 25 167 € |
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 | 36 656 | 64 173 | 54 922 | 162 208 | 155 210 | 103 070 | 237 748 |
| Total non-current assets | 8822 | 8001 | 29 368 | 21 539 | 56 764 | 73 033 | 246 909 |
| Total assets | 45 478 | 72 174 | 84 290 | 183 747 | 211 974 | 176 103 | 484 657 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 28 660 | 32 377 | 31 940 | 43 827 | 75 073 | 100 697 | 77 408 |
| Non-current liabilities | — | — | 20 020 | 15 856 | 11 223 | 66 239 | 142 985 |
| Total liabilities | 28 660 | 32 377 | 51 960 | 59 683 | 86 296 | 166 936 | 220 393 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | −1046 | 16 817 | 39 797 | 29 830 | 121 564 | 123 178 | 6667 |
| Profit for the year | 17 864 | 22 980 | −9967 | 91 734 | 1614 | −116 511 | 255 097 |
| Reserves and other equity | −2500 | −2500 | — | — | — | — | — |
| Total equity | 16 818 | 39 797 | 32 330 | 124 064 | 125 678 | 9167 | 264 264 |
| Income statement | |||||||
| Sales revenue | 154 664 | 269 991 | 354 331 | 592 226 | 440 090 | 449 578 | 1 149 592 |
| Operating profit | 18 140 | 23 026 | −9616 | 94 063 | 3693 | −114 325 | 261 694 |
| EBITDA | 20 453 | 26 194 | −2850 | 102 918 | 13 165 | −104 257 | 285 557 |
| Profit before income tax | 17 864 | 22 980 | −9967 | 91 734 | 1614 | −116 511 | 255 097 |
| Profit for the reporting year | 17 864 | 22 980 | −9967 | 91 734 | 1614 | −116 511 | 255 097 |
| Labour costs | 27 407 | 70 345 | 104 270 | 131 692 | 180 686 | 258 615 | 335 146 |
| Depreciation of non-current assets | 2313 | 3168 | 6766 | 8855 | 9472 | 10 068 | 23 863 |
| Other indicators | |||||||
| Employees | 3 | 5 | 6 | 6 | 8 | 10 | 10 |
| 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.
Risks and obligationsAll 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.
Summary: Model Metal OÜ
Overview
Model Metal OÜ (registry code 14479348) 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: Viiratsi alevik, Viljandi vald, Viljandi maakond. According to the latest annual report, the main activity is manufacture of furniture (except mattresses) (EMTAK 31001). The company is registered for VAT (VAT number EE102076482).
Financial results
Revenue in financial year 2025 was 1 149 592 €, up 156% on the previous year (449 578 €). From 2019 to 2025, revenue grew by an average of 39,7% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 255 097 € (22,2% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 10 employees. Revenue per employee was 114 959 €. At the end of financial year 2025, total assets were 484 657 € and equity 264 264 € (54,5% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 328 459 €, down 6,2% on the same quarter a year earlier. The company had 13 employees in that quarter. Labour taxes paid in the quarter: 34 482 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1720 € 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 24.03.2026. 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.