ML Steel OÜRegistered

16685784Private limited company (OÜ)Founded 2023

Key figures

46 781 €−47,9%
Revenue 2025
−28,2%
Average annual change 2023–2025
025 k50 k75 k100 k202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k60 k202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20267093 €11157 €
Q2 202620 784 €11089 €
Q1 202613 587 €11064 €
Q4 202512 070 €11085 €
Q3 202528 750 €11085 €
Q2 20255853 €11085 €
Q1 20255898 €11006 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2023–2025
202320242025
Balance sheet — assets
Total current assets15 73518 52812 477
Total non-current assets24 76819 16113 554
Total assets40 50337 68926 031
Balance sheet — liabilities and equity
Current liabilities11 97165484607
Non-current liabilities751756783986
Total liabilities19 48812 2268593
Share capital250025002500
Retained earnings of previous periods—18 51522 963
Profit for the year18 5154448−8025
Total equity21 01525 46317 438
Income statement
Sales revenue90 76589 82446 781
Operating profit18 6275166−7677
EBITDA21 89310 773−2070
Profit before income tax18 5154448−8025
Profit for the reporting year18 5154448−8025
Labour costs873013 16614 225
Depreciation of non-current assets326656075607
Other indicators
Employees111
Calculated dividend—00

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 note4 clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Annual report filing
3/3 filed
Filed late: 2023
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%ML Steel OÜMihkel Luiga
CompanyPersonShareholderOther roleAdditional link

Public procurement

1 contracts

Public contracts won worth 6125 € from 1 contracting authorities (02.09.2026–02.09.2026).

TenderContracting authorityAmountAwarded
Sõmerpalu järve paisu remonttöödVõru Vallavalitsus6125 €02.09.2026

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL

Loading list of reports…

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

Summary: ML Steel OÜ

Overview

ML Steel OÜ (registry code 16685784) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 3 years. Registered location: Noodasküla, Võru vald, Võru maakond. According to the latest annual report, the main activity is manufacture of other fabricated metal products n.e.c. (EMTAK 25991). The company is registered for VAT (VAT number EE102622784).

Financial results

Revenue in financial year 2025 was 46 781 €, down 47,9% on the previous year (89 824 €). From 2023 to 2025, revenue declined by an average of 28,2% per year. Financial year 2025 ended with a loss of 8025 €. The company was profitable in 2 of the 3 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 46 781 €. At the end of financial year 2025, total assets were 26 031 € and equity 17 438 € (67,0% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 7093 €, down 75,3% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1157 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 870 € per month.

Management and owners

The company has one management board member. The sole owner of the company is a private individual.

Data sources and freshness

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 14.06.2026. 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.

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