Millap OÜ

Registered
16210298Private limited company (OÜ)Founded 2021

Key figures

466 177 €+43,4%
Revenue 2025
+22,4%
Average annual growth 2021–2025
0200 k400 k600 k20212022202320242025

Ratios

2025

Summary: Millap OÜ

What kind of company is it?

Millap OÜ (registry code 16210298) 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: Ridaküla, Kadrina vald, Lääne-Viru maakond. According to the latest annual report, the main activity is raising of dairy cattle (EMTAK 01411). The company is registered for VAT (VAT number EE102362882).

How is the company doing financially?

Revenue in financial year 2025 was 466 177 €, up 43,4% on the previous year (325 036 €). From 2021 to 2025, revenue grew by an average of 22,4% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for financial year 2025 was 338 047 € (72,5% of revenue). The company was profitable in all 5 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 116 544 €. At the end of financial year 2025, total assets were 1 386 504 € and equity 1 079 547 € (77,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 90 058 €, down 12,5% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 10 332 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1680 € per month.

Who runs the company and who owns it?

The management board has 3 members. 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 06.04.2026. 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 202690 058 €410 332 €
Q2 2026131 383 €49960 €
Q1 2026122 484 €410 274 €
Q4 2025116 275 €410 901 €
Q3 2025102 876 €49424 €
Q2 2025139 402 €48976 €
Q1 2025102 363 €47654 €

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
20212022202320242025
Sales revenue207 894428 111284 247325 036466 177
Net profit60 298124 81581 42821 704338 047
Retained earnings450 755511 053635 868717 296739 000
Total assets551 6831 041 1771 093 5641 086 9931 386 504
Total liabilities38 130402 809373 768345 493306 957
Total equity513 553638 368719 796741 5001 079 547
Employees44444
Average gross salary (monthly)7801170127413381566
Calculated dividend—0000

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 clear1 for information
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
50 000 €
A pledge over the company's movable assets, usually securing a loan.
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%Millap OÜJüri MilvasteLeie RaudleppMaido Milvaste3Ene Milvaste
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

24 records

State aid and de minimis aid in total 45 394 € (2021–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (45 394 €).

Show all aid records (24)
20268759 €
20258016 €
20246320 €
20237016 €
20228270 €
20217014 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetKomisjoni teatise jaotis 2.1 "Piiratud abisummad"149 €20.12.2022
Põllumajanduse Registrite ja Informatsiooni AmetKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" (p/m esmatootmine)2275 €21.01.2022
Põllumajanduse Registrite ja Informatsiooni AmetKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" (p/m esmatootmine)3206 €09.06.2021

The total also includes 21 tax reductions worth 39 765 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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

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