Mulgi Turvas Aktsiaselts

Registered
14836587Public limited company (AS)Founded 2019

Key figures

67 116 €−66,8%
Revenue 2025
−21,2%
Average annual change 2021–2025
0100 k200 k300 k20212022202320242025

Ratios

2025

Summary: Mulgi Turvas Aktsiaselts

What kind of company is it?

Mulgi Turvas Aktsiaselts (registry code 14836587) is a public limited company (AS). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Eesnurga küla, Viljandi vald, Viljandi maakond. According to the latest annual report, the main activity is extraction of peat (EMTAK 08921). The company is registered for VAT (VAT number EE102388918).

How is the company doing financially?

Revenue in financial year 2025 was 67 116 €, down 66,8% on the previous year (202 335 €). From 2021 to 2025, revenue declined by an average of 21,2% per year. This is the company's lowest revenue among the published years (2021–2025). Net profit for financial year 2025 was 2500 € (3,7% of revenue). The company was profitable in 5 of the 6 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 67 116 €. At the end of financial year 2025, total assets were 129 591 € and equity 127 519 € (98,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 150 870 €, up 302% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2458 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1610 € per month.

Who runs the company and who owns it?

The company has one management board member. The supervisory board has 3 members. The sole owner of the company is Ramlas 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 20.03.2026. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026150 870 €12458 €
Q2 202631 020 €1297 €
Q1 20260 €1230 €
Q4 202529 610 €1749 €
Q3 202537 506 €1758 €
Q2 20250 €1288 €
Q1 20250 €1231 €

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

Dividends

calculated
2025

Distributed as dividends 30 001 € (23% of distributable profit).

History
202530 001 €
20240 €
202330 000 €
202220 000 €
20210 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue174 375191 760232 180202 33567 116
Net profit52 47354 53141 67740 5602500
Retained earnings−922123 25247 78389 460100 019
Total assets69 835104 474116 177157 465129 591
Total liabilities15831691171724452072
Total equity68 252102 783114 460155 020127 519
Employees11111
Average gross salary (monthly)694723843730—
Calculated dividend020 00030 000030 001

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%Mulgi Turvas Aktsiase…Ramlas OÜ2Märt PuhmasteKristel Tombak2Riho AlasSulev Alas
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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