MANTRUM VEOD OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1 258 221 € | 15 | 57 034 € |
| Q2 2026 | 1 245 870 € | 16 | 44 848 € |
| Q1 2026 | 802 202 € | 15 | 47 605 € |
| Q4 2025 | 1 125 426 € | 16 | 48 429 € |
| Q3 2025 | 1 456 033 € | 15 | 54 485 € |
| Q2 2025 | 640 533 € | 16 | 43 485 € |
| Q1 2025 | 1 028 529 € | 16 | 48 822 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 205 002 | 321 524 | 923 305 | 1 392 144 | 1 630 350 | 1 974 253 |
| Total non-current assets | 404 | 235 675 | 494 270 | 739 660 | 1 272 432 | 1 479 437 |
| Total assets | 205 406 | 557 199 | 1 417 575 | 2 131 804 | 2 902 782 | 3 453 690 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 74 270 | 69 121 | 145 529 | 209 961 | 470 430 | 849 956 |
| Non-current liabilities | — | 58 821 | 185 459 | 339 115 | 372 239 | 299 949 |
| Total liabilities | 74 270 | 127 942 | 330 988 | 549 076 | 842 669 | 1 149 905 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 128 636 | 417 867 | 1 084 087 | 1 539 668 | 2 057 613 |
| Profit for the year | 128 636 | 298 121 | 666 220 | 496 141 | 517 945 | 243 672 |
| Total equity | 131 136 | 429 257 | 1 086 587 | 1 582 728 | 2 060 113 | 2 303 785 |
| Income statement | ||||||
| Sales revenue | 694 093 | 1 996 792 | 1 623 413 | 1 399 731 | 4 860 730 | 4 513 611 |
| Operating profit | 128 632 | 298 906 | 670 544 | 517 301 | 546 186 | 270 463 |
| EBITDA | 128 669 | 308 281 | 718 252 | 591 045 | 669 881 | 457 211 |
| Profit before income tax | 128 636 | 298 121 | 666 220 | 496 141 | 517 945 | 243 672 |
| Profit for the reporting year | 128 636 | 298 121 | 666 220 | 496 141 | 517 945 | 243 672 |
| Labour costs | 0 | 16 088 | 66 112 | 104 907 | 514 367 | 455 141 |
| Depreciation of non-current assets | 37 | 9375 | 47 708 | 73 744 | 123 695 | 186 748 |
| Other indicators | ||||||
| Employees | 0 | 1 | 2 | 3 | 13 | 13 |
| Calculated dividend | — | 0 | 8890 | 0 | 40 560 | 0 |
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 note5 clear
Data from public registers, not a credit rating.
Connections graph
Public procurement
2 contractsPublic contracts won worth 860 717 € from 2 contracting authorities (09.02.2026–12.02.2026).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Vahi - Kõrveküla kergliiklustee ehitamine · Vahi tööstuspargi kergliiklustee · joint bid | Tartu Vallavalitsus | 68 626 € | 12.02.2026 |
| Vahi - Kõrveküla kergliiklustee ehitamine · Kõrveküla-Vahi kergliiklustee · joint bid | Tartu Vallavalitsus | 610 091 € | 12.02.2026 |
| Elistvere loomapargi parkla ja kompostala ehitamine | Riigimetsa Majandamise Keskus | 182 000 € | 09.02.2026 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: MANTRUM VEOD OÜ
Overview
MANTRUM VEOD OÜ (registry code 16017161) 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: Vasula alevik, Tartu vald, Tartu maakond. According to the latest annual report, the main activity is development of building projects (EMTAK 68121). The company is registered for VAT (VAT number EE102276907).
Financial results
Revenue in financial year 2025 was 4 513 611 €, down 7,1% on the previous year (4 860 730 €). From 2020 to 2025, revenue grew by an average of 45,4% per year. Net profit for financial year 2025 was 243 672 € (5,4% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 13 employees. Revenue per employee was 347 201 €. At the end of financial year 2025, total assets were 3 453 690 € and equity 2 303 785 € (66,7% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 1 258 221 €, down 13,6% on the same quarter a year earlier. The company had 15 employees in that quarter. Labour taxes paid in the quarter: 57 034 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2370 € per month.
Management and owners
The management board has 3 members. The sole owner of the company is 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 30.06.2026. 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.