Montaaz OÜ

Registered
14690698Private limited company (OÜ)Founded 2019

Key figures

649 861 €+52,4%
Revenue 2025
+61,9%
Average annual growth 2019–2025
0200 k400 k600 k800 k2019202020212022202320242025

Ratios

2025

Summary: Montaaz OÜ

What kind of company is it?

Montaaz OÜ (registry code 14690698) 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: Arula küla, Otepää vald, Valga maakond. According to the latest annual report, the main activity is installation of industrial machinery and equipment (EMTAK 33201). The company is registered for VAT (VAT number EE102147214).

How is the company doing financially?

Revenue in financial year 2025 was 649 861 €, up 52,4% on the previous year (426 550 €). From 2019 to 2025, revenue grew by an average of 61,9% per year. Net profit for financial year 2025 was 42 774 € (6,6% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 4 employees (2 a year earlier). Revenue per employee was 162 465 €. At the end of financial year 2025, total assets were 397 567 € and equity 299 060 € (75,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 299 893 €, up 22,6% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 22 565 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 6630 € 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 11.04.2026. 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 2026299 893 €222 565 €
Q2 2026227 895 €712 053 €
Q1 2026299 435 €816 238 €
Q4 2025139 137 €125854 €
Q3 2025244 710 €35193 €
Q2 202567 817 €25419 €
Q1 202536 822 €25882 €

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.

History
20250 €
20240 €
20230 €
202230 000 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue212 513357 031717 031426 550649 861
Net profit123 362113 69179 482−40 24742 774
Retained earnings7046100 408213 799293 281252 986
Total assets133 540230 783394 317327 091397 567
Total liabilities13213 68497 73670 75798 507
Total equity133 408217 099296 581256 334299 060
Employees02224
Average gross salary (monthly)—1373142319681213
Calculated dividend030 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)
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

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100%Montaaz OÜ2Raivo Paavel
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 87 800 € (2022). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (87 800 €).

Show all aid records (1)
202287 800 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud87 800 €08.12.2022

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

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

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