Upmillar OÜ

Registered

16504487Private limited company (OÜ)Founded 2022

Key figures

40 464 €−41,4%

Revenue 2025

−14,2%

Average annual change 2022–2025

Ratios

2025

15,3%

Profit margin

16,0%

EBITDA margin

−289,0%

Equity ratio

0,1×

Current ratio

−83,7%

Return on equity

1637 €

Average gross salary

Summary: Upmillar OÜ

What kind of company is it?

Upmillar OÜ (registry code 16504487) 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: Mustamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is painting and glazing (EMTAK 43341). The company is registered for VAT (VAT number EE102514371).

How is the company doing financially?

Revenue in financial year 2025 was 40 464 €, down 41,4% on the previous year (69 062 €). From 2022 to 2025, revenue declined by an average of 14,2% per year. This is the company's lowest revenue among the published years (2022–2025). Net profit for financial year 2025 was 6187 € (15,3% of revenue). The company was profitable in 2 of the 4 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 40 464 €.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 21 368 €, up 82,6% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2509 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1640 € 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.

What should you look out for?

Equity was negative at the end of financial year 2025 (−7392 €). 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 14.04.2026. 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

Quarter	Revenue	Number of employees	Labour taxes
Q3 2026	21 368 €	1	2509 €
Q2 2026	20 780 €	2	1276 €
Q1 2026	14 039 €	1	777 €
Q4 2025	13 069 €	1	738 €
Q3 2025	11 705 €	1	957 €
Q2 2025	7625 €	1	585 €
Q1 2025	10 105 €	1	741 €

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	64 053	50 645	69 062	40 464
Net profit	12 248	−22 001	−5902	6187
Retained earnings	—	12 123	−10 177	−16 079
Total assets	17 783	11 733	5791	2558
Total liabilities	3035	19 111	19 370	9950
Total equity	14 748	−7378	−13 579	−7392
Employees	2	2	1	1
Average gross salary (monthly)	550	445	883	668
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 obligationsAll clear

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.

Connections graph

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State aid and grants

12 records

State aid and de minimis aid in total 6810 € (2023–2024). Largest grantors: Eesti Töötukassa (6810 €).

Show all aid records (12)

20242460 €

20234350 €

Grantor	Purpose	Amount	Date
Eesti Töötukassa	Nõustamine VTA	615 €	01.02.2024
Eesti Töötukassa	Nõustamine VTA	615 €	01.02.2024
Eesti Töötukassa	Nõustamine VTA	615 €	01.02.2024
Eesti Töötukassa	Nõustamine VTA	615 €	01.02.2024
Eesti Töötukassa	Nõustamine VTA	544 €	16.10.2023
Eesti Töötukassa	Nõustamine VTA	544 €	22.08.2023
Eesti Töötukassa	Nõustamine VTA	544 €	11.08.2023
Eesti Töötukassa	Nõustamine VTA	544 €	09.08.2023
Eesti Töötukassa	Nõustamine VTA	544 €	09.08.2023
Eesti Töötukassa	Nõustamine VTA	544 €	09.08.2023
Eesti Töötukassa	Nõustamine VTA	544 €	09.08.2023
Eesti Töötukassa	Nõustamine VTA	544 €	01.08.2023

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 ↗

Annual reportsPDF, XBRL

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

Related companies

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Same activity — Painting and glazing