MS Research OÜ

Registered
16191730Private limited company (OÜ)Founded 2021

Key figures

348 089 €−40,1%
Revenue 2025
+33,8%
Average annual growth 2021–2025
0200 k400 k600 k20212022202320242025

Ratios

2025

Summary: MS Research OÜ

What kind of company is it?

MS Research OÜ (registry code 16191730) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102356717).

How is the company doing financially?

Revenue in financial year 2025 was 348 089 €, down 40,1% on the previous year (581 420 €). From 2021 to 2025, revenue grew by an average of 33,8% per year. Net profit for financial year 2025 was 329 272 € (94,6% 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 348 089 €. At the end of financial year 2025, total assets were 1 676 878 € and equity 1 673 590 € (99,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 148 900 €, up 47,9% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1663 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1160 € 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 21.04.2026. 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 2026148 900 €11663 €
Q2 2026202 837 €11074 €
Q1 2026164 454 €11558 €
Q4 202571 972 €11558 €
Q3 2025100 693 €11558 €
Q2 202595 005 €11558 €
Q1 202566 000 €11477 €

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 93 500 € (7% of distributable profit).

History
202593 500 €
2024108 485 €
202336 629 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue108 730561 561526 793581 420348 089
Net profit93 671530 513474 472508 777329 272
Retained earnings—66 670560 304926 2911 341 568
Total assets94 874602 2441 042 3391 439 9761 676 878
Total liabilities12032561481321583288
Total equity93 671599 6831 037 5261 437 8181 673 590
Employees11111
Average gross salary (monthly)393660725822886
Calculated dividend——36 629108 48593 500

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.

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100%MS Research OÜ1Martin Saar
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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