MaxGrow Technologies OÜRegistered
Key figures
142 863 €+7,3%
Revenue 2025
−8,5%
Average annual change 2023–2025
Ratios
202511,9%
Profit margin
26,3%
EBITDA margin
26,3%
Equity ratio
2,2×
Current ratio
111,4%
Return on equity
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 20 € | — | 348 € |
| Q1 2026 | 20 235 € | — | 2865 € |
| Q4 2025 | 51 998 € | — | 5003 € |
| Q3 2025 | 37 731 € | — | 5736 € |
| Q2 2025 | 40 822 € | — | 6342 € |
| Q1 2025 | 43 219 € | — | 8925 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
Distributed as dividends 30 000 €.
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.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 45 354 | 23 027 | 16 246 |
| Total non-current assets | 1530 | 54 956 | 41 805 |
| Total assets | 46 884 | 77 983 | 58 051 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 12 776 | 9346 | 7453 |
| Non-current liabilities | 2945 | 40 380 | 35 334 |
| Total liabilities | 15 721 | 49 726 | 42 787 |
| Share capital | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 163 | −4243 |
| Profit for the year | 31 163 | 25 594 | 17 007 |
| Total equity | 31 163 | 28 257 | 15 264 |
| Income statement | |||
| Sales revenue | 170 518 | 133 103 | 142 863 |
| Operating profit | 31 284 | 34 642 | 24 441 |
| EBITDA | 33 137 | 43 218 | 37 592 |
| Profit before income tax | 31 163 | 33 344 | 25 469 |
| Profit for the reporting year | 31 163 | 25 594 | 17 007 |
| Labour costs | 131 636 | 0 | 0 |
| Depreciation of non-current assets | 1853 | 8576 | 13 151 |
| Other indicators | |||
| Employees | 0 | 0 | 0 |
| Calculated dividend | — | — | 30 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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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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