Midgard Metal OÜ
RegisteredKey figures
Ratios
2025Summary: Midgard Metal OÜ
What kind of company is it?
Midgard Metal OÜ (registry code 16319086) 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: Sindi linn, Tori vald, Pärnu maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE102412813).
How is the company doing financially?
Revenue in financial year 2025 was 351 040 €, up 61,1% on the previous year (217 887 €). From 2021/22 to 2025, revenue grew by an average of 34,8% per year. This is the company's highest revenue among the published years (2021/22–2025). Net profit for financial year 2025 was 46 983 € (13,4% of revenue). The company was profitable in all 4 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 87 760 €. At the end of financial year 2025, total assets were 87 945 € and equity 48 818 € (55,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 154 200 €, up 81,4% on the same quarter a year earlier. The company had 12 employees in that quarter. Labour taxes paid in the quarter: 14 651 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 900 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 154 200 € | 12 | 14 651 € |
| Q2 2026 | 126 730 € | 10 | 12 886 € |
| Q1 2026 | 105 444 € | 9 | 12 973 € |
| Q4 2025 | 139 721 € | 9 | 10 938 € |
| Q3 2025 | 85 024 € | 8 | 8752 € |
| Q2 2025 | 66 954 € | 7 | 9302 € |
| Q1 2025 | 32 776 € | 5 | 7898 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 10 000 €.
Low confidence: the amount exceeds retained earnings from previous years, from which dividends can be paid by law — probably a merger, an opening balance adjustment or a reporting error.
Summary of financial statements2022–2025
| 2021/22 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Sales revenue | 143 367 | 186 752 | 217 887 | 351 040 |
| Net profit | 14 980 | 4142 | 3053 | 46 983 |
| Retained earnings | 0 | 8980 | 6282 | −665 |
| Total assets | 34 294 | 41 151 | 28 641 | 87 945 |
| Total liabilities | 16 814 | 25 529 | 16 806 | 39 127 |
| Total equity | 17 480 | 15 622 | 11 835 | 48 818 |
| Employees | 3 | 3 | 4 | 4 |
| Average gross salary (monthly) | 569 | 1252 | 1203 | 1607 |
| Calculated dividend | — | 6000 | 6840 | 10 000 |
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
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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