MARTHEN OÜ
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2025Summary: MARTHEN OÜ
What kind of company is it?
MARTHEN OÜ (registry code 16183876) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 and has been registered for 5 years. Registered location: Vedu küla, Tartu vald, Tartu maakond. According to the latest annual report, the main activity is other excavation and earthmoving work (EMTAK 43129). The company is registered for VAT (VAT number EE102350179).
How is the company doing financially?
Revenue in financial year 2025 was 60 349 €, up 23,5% on the previous year (48 878 €). From 2021 to 2025, revenue grew by an average of 23,7% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for financial year 2025 was 17 644 € (29,2% of revenue). The company was profitable in all 5 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 60 349 €. At the end of financial year 2025, total assets were 106 634 € and equity 35 896 € (33,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 28 231 €, up 127% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 771 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 650 € 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 12.08.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 28 231 € | 1 | 771 € |
| Q2 2026 | 18 073 € | 1 | 742 € |
| Q1 2026 | 9565 € | 1 | 1064 € |
| Q4 2025 | 22 824 € | 1 | 1085 € |
| Q3 2025 | 12 452 € | 1 | 1085 € |
| Q2 2025 | 12 727 € | 1 | 1085 € |
| Q1 2025 | 10 769 € | 1 | 682 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 25 795 | 40 641 | 56 511 | 48 878 | 60 349 |
| Net profit | 9108 | 3845 | 3472 | 1828 | 17 644 |
| Retained earnings | — | 9108 | 12 953 | 16 424 | 18 252 |
| Total assets | 21 208 | 24 868 | 27 014 | 42 888 | 106 634 |
| Total liabilities | 12 100 | 11 915 | 10 589 | 24 636 | 70 738 |
| Total equity | 9108 | 12 953 | 16 425 | 18 252 | 35 896 |
| Employees | 0 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | — | 490 | 725 | 812 | 886 |
| Calculated dividend | — | — | 0 | 0 | 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 note6 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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