Midges OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 45 269 € | 1 | 1337 € |
| Q2 2026 | 99 784 € | 1 | 1689 € |
| Q1 2026 | 102 749 € | 1 | 1337 € |
| Q4 2025 | 77 300 € | 1 | 1337 € |
| Q3 2025 | 55 874 € | 1 | 1420 € |
| Q2 2025 | 74 672 € | 2 | 1699 € |
| Q1 2025 | 21 400 € | 2 | 892 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 30 000 € (34% of distributable profit).
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 | 5395 | 69 511 | 217 166 |
| Total non-current assets | 5395 | 21 382 | 27 448 |
| Total assets | 10 790 | 90 893 | 244 614 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 1623 | 1305 | 26 143 |
| Non-current liabilities | — | — | — |
| Total liabilities | 1623 | 1305 | 26 143 |
| Share capital | 250 | 250 | 250 |
| Retained earnings of previous periods | — | 8917 | 59 338 |
| Profit for the year | 8917 | 80 421 | 158 883 |
| Total equity | 9167 | 89 588 | 218 471 |
| Income statement | |||
| Sales revenue | 13 000 | 141 307 | 326 676 |
| Operating profit | 8917 | 80 183 | 167 007 |
| EBITDA | 9135 | 80 976 | 170 236 |
| Profit before income tax | 8917 | 80 421 | 167 345 |
| Profit for the reporting year | 8917 | 80 421 | 158 883 |
| Labour costs | 0 | 10 713 | 8962 |
| Depreciation of non-current assets | 218 | 793 | 3229 |
| Other indicators | |||
| Employees | 0 | 1 | 1 |
| Calculated dividend | — | 0 | 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.
Risks and obligations1 note4 clear
Data from public registers, not a credit rating.
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Public procurement
1 contractsPublic contracts won worth 33 900 € from 1 contracting authorities (17.02.2025–17.02.2025).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Eesti looduse infosüsteemi (EELIS) üle 9 aasta vanuste lindude leiukohakirjete uuendamine (Keskkonnaamet) · Pärnumaa põhaosa | Riigi Tugiteenuste Keskus | 33 900 € | 17.02.2025 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Midges OÜ
Overview
Midges OÜ (registry code 16764828) 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: Adiste küla, Põlva vald, Põlva maakond. According to the latest annual report, the main activity is all other professional, scientific and technical activities n.e.c. (EMTAK 74991). The company is registered for VAT (VAT number EE102630132).
Financial results
Revenue in financial year 2025 was 326 676 €, up 131% on the previous year (141 307 €). From 2023 to 2025, revenue grew by an average of 401% per year. Net profit for financial year 2025 was 158 883 € (48,6% of revenue). The company was profitable in all 3 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 326 676 €. At the end of financial year 2025, total assets were 244 614 € and equity 218 471 € (89,3% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 45 269 €, down 19,0% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1337 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 970 € 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 17.06.2026. 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.