M2 Ehitus OÜ
RegisteredKey figures
Ratios
2025Summary: M2 Ehitus OÜ
What kind of company is it?
M2 Ehitus OÜ (registry code 16240829) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is floor and wall covering (EMTAK 43331). The company is registered for VAT (VAT number EE102376616).
How is the company doing financially?
Revenue in financial year 2025 was 439 587 €, up 18,1% on the previous year (372 181 €). From 2021 to 2025, revenue grew by an average of 53,9% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for financial year 2025 was 3297 € (0,8% of revenue). The company was profitable in all 5 published financial years. In financial year 2025 the company had 9 employees. Revenue per employee was 48 843 €. At the end of financial year 2025, total assets were 182 721 € and equity 144 002 € (78,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 252 931 €, up 94,1% on the same quarter a year earlier. The company had 11 employees in that quarter. Labour taxes paid in the quarter: 8543 €. 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. Latest register change: 06.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 25.06.2026. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 252 931 € | 11 | 8543 € |
| Q2 2026 | 223 124 € | 8 | 7252 € |
| Q1 2026 | 122 983 € | 8 | 5691 € |
| Q4 2025 | 80 434 € | 5 | 9167 € |
| Q3 2025 | 130 326 € | 8 | 10 407 € |
| Q2 2025 | 82 056 € | 9 | 9797 € |
| Q1 2025 | 142 387 € | 6 | 11 687 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 27 999 € (17% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 78 346 | 277 363 | 397 492 | 372 181 | 439 587 |
| Net profit | 35 617 | 121 085 | 27 920 | 326 | 3297 |
| Retained earnings | — | 15 617 | 136 702 | 165 878 | 138 205 |
| Total assets | 40 565 | 164 328 | 190 112 | 200 384 | 182 721 |
| Total liabilities | 2448 | 25 126 | 22 990 | 31 680 | 38 719 |
| Total equity | 38 117 | 139 202 | 167 122 | 168 704 | 144 002 |
| Employees | 1 | 7 | 6 | 9 | 9 |
| Average gross salary (monthly) | — | — | 854 | 683 | 767 |
| Calculated dividend | — | 20 000 | 0 | 0 | 27 999 |
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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State aid and grants
1 recordState aid and de minimis aid in total 2214 € (2023). Largest grantors: Eesti Töötukassa (2214 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 2214 € | 14.02.2023 |
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 ↗
Change history
2 changes- 09.11.2026*Address changed: Harju maakond, Tallinn, Kesklinna linnaosa, Pirita tee 26d-9 · previously: Harju maakond, Tallinn, Kesklinna linnaosa, Järvevana tee 3e-43
- 06.10.2026Registry entry changed
Entered in the register on 28.05.2021.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
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