MTK Project OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 10 870 € | 1 | 1552 € |
| Q2 2026 | 17 616 € | 1 | 991 € |
| Q1 2026 | 13 326 € | 1 | 2557 € |
| Q4 2025 | 30 270 € | 1 | 1299 € |
| Q3 2025 | 29 925 € | 2 | 1247 € |
| Q2 2025 | 18 425 € | 1 | 1605 € |
| Q1 2025 | 27 905 € | 2 | 1312 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 3001 € (14% 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 | 28 448 | 27 571 | 19 535 |
| Total non-current assets | — | 2731 | 5014 |
| Total assets | 28 448 | 30 302 | 24 549 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 4754 | 5510 | 5898 |
| Non-current liabilities | 3800 | 2615 | 5334 |
| Total liabilities | 8554 | 8125 | 11 232 |
| Share capital | 10 | 10 | 10 |
| Retained earnings of previous periods | — | 19 884 | 19 166 |
| Profit for the year | 19 884 | 2283 | −5859 |
| Total equity | 19 894 | 22 177 | 13 317 |
| Income statement | |||
| Sales revenue | 73 065 | 63 161 | 108 070 |
| Operating profit | 20 096 | 3111 | −4920 |
| EBITDA | — | 3280 | −3828 |
| Profit before income tax | 19 884 | 2283 | −5013 |
| Profit for the reporting year | 19 884 | 2283 | −5859 |
| Labour costs | 4631 | 7451 | 19 594 |
| Depreciation of non-current assets | — | 169 | 1092 |
| Other indicators | |||
| Employees | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 3001 |
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 issue4 clear
Data from public registers, not a credit rating.
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Public procurement
3 contractsPublic contracts won worth 41 017 € from 1 contracting authorities (19.09.2023–30.04.2024).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Võnnu raamatukogu ruumide remont | Kastre Vallavalitsus | 5492 € | 30.04.2024 |
| Kahetoalise korteri remont Võnnu alevikus | Kastre Vallavalitsus | 18 365 € | 25.10.2023 |
| Kahetoalise sotsiaalkorteri remont Kaagvere asulas | Kastre Vallavalitsus | 17 160 € | 19.09.2023 |
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: MTK Project OÜ
Overview
MTK Project OÜ (registry code 16805585) 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: Äksi alevik, Tartu vald, Tartu maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE102682193).
Financial results
Revenue in financial year 2025 was 108 070 €, up 71,1% on the previous year (63 161 €). From 2023 to 2025, revenue grew by an average of 21,6% per year. Financial year 2025 ended with a loss of 5859 €. 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 108 070 €. At the end of financial year 2025, total assets were 24 549 € and equity 13 317 € (54,2% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 10 870 €, down 63,7% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1552 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1090 € 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 26.06.2026. 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.