Matulen OÜ

Registered
14670744Private limited company (OÜ)Founded 2019
Tax debt 4551 € as of 09.11.2026 (incl. 4083 € in a payment schedule).Source: Tax and Customs Board

Key figures

320 667 €+70,8%
Revenue 2025
+27,9%
Average annual growth 2019–2025
0100 k200 k300 k400 k2019202020212022202320242025

Ratios

2025

Summary: Matulen OÜ

What kind of company is it?

Matulen OÜ (registry code 14670744) 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: Kuressaare linn, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is installation, repair and maintenance of plumbing and sanitary equipment (EMTAK 43222). The company is registered for VAT (VAT number EE102156111).

How is the company doing financially?

Revenue in financial year 2025 was 320 667 €, up 70,8% on the previous year (187 771 €). From 2019 to 2025, revenue grew by an average of 27,9% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 35 950 € (11,2% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 320 667 €. At the end of financial year 2025, total assets were 130 953 € and equity 29 307 € (22,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 103 995 €, up 84,3% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2055 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1380 € per month.

Who runs the company and who owns it?

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

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 27.04.2026. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026103 995 €12055 €
Q2 202637 416 €11449 €
Q1 202676 133 €12226 €
Q4 2025109 266 €12230 €
Q3 202556 423 €12230 €
Q2 202599 205 €12230 €
Q1 202548 343 €22186 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

Equity decreased by 9300 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.

History
dividend other equity decrease
20250 €+9300 € other
20240 €
20230 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue104 364192 071229 470187 771320 667
Net profit4191−10 314−60659035 950
Retained earnings30567147−3167−9233−9143
Total assets25 11327 28138 52561 896130 953
Total liabilities15 36627 94835 95759 239101 646
Total equity9747−6672568265729 307
Employees11111
Average gross salary (monthly)6471820121211171303
Calculated dividend00000

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 obligations1 issue6 clear
Register status
Registered
Business Register
Tax debt
4551 €
as of 09.11.2026 (incl. 4083 € in a payment schedule)
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%Matulen OÜMartin Milpak
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 6000 € (2022). Largest grantors: Eesti Töötukassa (6000 €).

Show all aid records (2)
20226000 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA3000 €09.05.2022
Eesti TöötukassaPalgatoetus VTA3000 €09.05.2022

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 ↗

Annual reportsPDF, XBRL

Loading list of reports…

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

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