Mindgrow OÜRegistered

14650871Private limited company (OÜ)Founded 2019

Key figures

4503 €−88,3%
Revenue 2025
+2,2%
Average annual growth 2019–2025
020 k40 k60 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k60 k2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q1 2026223 €—0 €
Q4 20251810 €—0 €
Q3 20252130 €—0 €
Q2 20250 €—271 €
Q1 2025765 €—0 €

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
2019202020212022202320242025
Balance sheet — assets
Total current assets28021 23632 14418 35221 04945 04629 587
Total non-current assets—70713676023884035974545
Total assets28021 94333 51124 37529 88948 64334 132
Balance sheet — liabilities and equity
Current liabilities200292723746538938666111 644
Non-current liabilities———————
Total liabilities200292723746538938666111 644
Share capital3400340034003400340034003400
Retained earnings of previous periods—−332015 61627 73620 32117 55138 582
Profit for the year−332018 93612 121−7414−277021 031−19 494
Total equity8019 01631 13723 72220 95141 98222 488
Income statement
Sales revenue395657 63950 90511 722687238 3514503
Operating profit−332018 93611 592−6572−502616 375−18 074
EBITDA—19 05711 997−5685−406217 132−17 271
Profit before income tax−332018 93612 121−7414−277021 031−19 494
Profit for the reporting year−332018 93612 121−7414−277021 031−19 494
Labour costs—93238266784860271
Depreciation of non-current assets—121405887964757803
Other indicators
Employees0111000
Calculated dividend—000000

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.

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70,59%29,41%Mindgrow OÜ1Olev JärvalaKristin Mäemets
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL

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

Summary: Mindgrow OÜ

Overview

Mindgrow OÜ (registry code 14650871) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Annikoru küla, Elva vald, Tartu maakond. According to the latest annual report, the main activity is kodu-, kontori- ja kauplusemööbli, vaipade ja valgustite hulgimüük (EMTAK 46471).

Financial results

Revenue in financial year 2025 was 4503 €, down 88,3% on the previous year (38 351 €). From 2019 to 2025, revenue grew by an average of 2,2% per year. Financial year 2025 ended with a loss of 19 494 €. The company was profitable in 3 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 34 132 € and equity 22 488 € (65,9% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q1 2026 was 223 €, down 70,8% on the same quarter a year earlier.

Management and owners

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (70,6%) is held by 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 29.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q1 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

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