MSM builders OÜ

Registered
14988666Private limited company (OÜ)Founded 2020

Key figures

104 729 €+26,3%
Revenue 2025
+84,7%
Average annual growth 2020–2025
0100 k200 k300 k202020212022202320242025

Ratios

2025

Summary: MSM builders OÜ

What kind of company is it?

MSM builders OÜ (registry code 14988666) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Kükita küla, Mustvee vald, Jõgeva maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE102535800).

How is the company doing financially?

Revenue in financial year 2025 was 104 729 €, up 26,3% on the previous year (82 952 €). From 2020 to 2025, revenue grew by an average of 84,7% per year. Financial year 2025 ended with a loss of 1002 €. The company was profitable in 4 of the 6 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 34 910 €. At the end of financial year 2025, total assets were 30 235 € and equity 2719 € (9,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 49 310 €, up 11,9% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 2002 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 370 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 15.05.2026. 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 202649 310 €72002 €
Q2 202641 972 €4993 €
Q1 202610 966 €41181 €
Q4 20259077 €41534 €
Q3 202544 073 €41795 €
Q2 202542 486 €4950 €
Q1 202520 936 €31054 €

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 €
2022 ~8500 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue691592 229214 24782 952104 729
Net profit77211 63910 582−12 352−1002
Retained earnings2021−5707593216 5143721
Total assets370422 35760 04137 87430 235
Total liabilities91116 42543 52733 71227 516
Total equity2793593216 51441622719
Employees14433
Average gross salary (monthly)301547917496499
Calculated dividend—8500000

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
50%50%MSM builders OÜMihail MuzafarovSergei Muzafarov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

Loading list of reports…

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

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