Minard Communications OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Minard Communications OÜ
What kind of company is it?
Minard Communications OÜ (registry code 16493743) is a private limited company (OÜ). The company was entered in the Commercial Register in 2022 and has been registered for 4 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is graphic design and visual communication (EMTAK 74121). The company is registered for VAT (VAT number EE102522130).
How is the company doing financially?
Revenue in financial year 2025 was 329 008 €, up 21,4% on the previous year (271 067 €). From 2022 to 2025, revenue grew by an average of 50,5% per year. This is the company's highest revenue among the published years (2022–2025). Financial year 2025 ended with a loss of 36 151 €. The company was profitable in 1 of the 4 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 329 008 €. Based on labour costs in the report, the estimated average gross salary was about 6980 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q3 2026.
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.
What should you look out for?
Equity was negative at the end of financial year 2025 (−4261 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.
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 27.08.2026. 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 | 0 € | — | 0 € |
| Q2 2026 | 0 € | — | 0 € |
| Q1 2026 | 22 562 € | — | 0 € |
| Q4 2025 | 53 052 € | — | 0 € |
| Q3 2025 | 176 067 € | — | 0 € |
| Q2 2025 | 79 906 € | — | 0 € |
| Q1 2025 | 83 802 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Sales revenue | 96 525 | 250 324 | 271 067 | 329 008 |
| Net profit | 41 613 | −4 | −9719 | −36 151 |
| Retained earnings | 0 | 41 613 | 41 610 | 31 890 |
| Total assets | 46 775 | 50 430 | 37 923 | 4000 |
| Total liabilities | 5162 | 8821 | 6032 | 8261 |
| Total equity | 41 613 | 41 609 | 31 891 | −4261 |
| Employees | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 948 | 4868 | 6409 | 6978 |
| 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 issue1 note5 clear
Data from public registers, not a credit rating.
Connections graph
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Exodim OÜ53,2 m €
- IPF Digital AS49,7 m €
- Roche Eesti Osaühing48,4 m €
- VG Estonia OÜ32,8 m €
- Hevi Optronics OÜ27,2 m €