Osaühing MIFINA

Active Registry code 10199497 OÜ Tallinn Registered 20 Mar 1997

Osaühing MIFINA is a OÜ based in Tallinn, registry code 10199497, status: active. Main activity: Manufacture of furniture, except mattresses. According to EMTA, turnover for Q3 2026 was €12 531 with 1 employees.

Turnover

12 531 €

↑ 54.2% vs Q2 2026

State taxes

3 308 €

↑ 133.6% vs Q2 2026

Labour taxes

913 €

↑ 0.0% vs Q2 2026

Employees

±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Manufacture of furniture · EMTAK 31

Turnover · Q3 2026 12 531 €

above 31% of companies

industry median 30 440 € · companies in the industry: 721
Labour taxes per employee 913 €

above 23% of companies

industry median 1 400 € · companies in the industry: 606
Revenue · 2025 48 716 €

above 49% of companies

industry median 50 390 € · companies in the industry: 970
Net profit margin · 2025 17.1 %

above 86% of companies

industry median 1.1 % · companies in the industry: 795

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 12 531 € · +54.2% vs Q2 2026 · industry median 30 440 € · above 31% of the industry

Company
Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 913 € · +0.0% vs Q2 2026 · industry median 1 400 € · above 23% of the industry

Company
Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 3 308 € · +133.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	12 531	3 308	913	1
Q2 2026	8 124	1 416	913	1
Q1 2026	8 950	2 369	891	1
Q4 2025	21 442	5 453	848	1
Q3 2025	7 772	1 934	848	1
Q2 2025	10 078	2 148	848	1
Q1 2025	7 032	1 730	816	1
Q4 2024	6 165	1 359	754	1
Q3 2024	7 849	1 006	754	1
Q2 2024	4 839	1 243	503	1
Q1 2024	994	10	—	1
Q4 2023	3 640	487	—	1
Q3 2023	3 986	492	—	1
Q2 2023	3 095	477	260	1
Q1 2023	1 482	515	—	2
Q4 2022	2 978	131	—	2
Q3 2022	2 345	—	—	2
Q2 2022	4 883	407	207	2
Q1 2022	6 113	1 003	207	2

Labour taxes per employee per month

304 €

Turnover per employee in the quarter

12 531 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 48 716 € · +117.3% vs 2024 · industry median 50 390 € · above 49% of the industry

Company
Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 8 338 € · +48 947.1% vs 2024 · industry median 124 € · above 78% of the industry

Company
Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 17.1 % · +17.0 pp vs the year before · industry median 1.1 % · above 86% of the industry

Company
Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 71 431 € · +15.6% vs 2024

Equity, € 2025: 66 982 € · +14.2% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry

Company
Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	48 716	8 338	9 271	71 431	66 982	1
2024	22 416	17	4 459	61 769	58 644	1
2023	12 215	312	966	60 896	58 627	1
2022	10 977	538	0	58 315	58 315	1
2021	29 391	1 869	7 807	57 777	57 777	1
2020	19 452	3 465	1 334	55 908	55 908	1
2019	38 494	12 629	11 825	65 749	52 443	2
2018	—	—	—	—	—	3
2017	—	—	—	—	—	3
2016	—	—	—	—	—	3
2015	—	—	—	—	—	3
2014	—	—	—	—	—	3
2013	—	—	—	—	—	3
2012	—	—	—	—	—	3
2011	—	—	—	—	—	2
2010	—	—	—	—	—	1
2009	—	—	—	—	—	1
2008	—	—	—	—	—	3
2007	—	—	—	—	—	5
2006	—	—	—	—	—	4
2005	—	—	—	—	—	5
2004	—	—	—	—	—	5
2003	—	—	—	—	—	4
2002	—	—	—	—	—	4
2001	—	—	—	—	—	5
2000	—	—	—	—	—	4
1999	—	—	—	—	—	4
1998	—	—	—	—	—	5
1997	—	—	—	—	—	3

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

17.1 %

Net profit / revenue

Return on equity (ROE)

12.4 %

Net profit / equity

Return on assets (ROA)

11.7 %

Net profit / assets

Equity ratio

93.8 %

Equity / assets

Debt ratio

6.2 %

Liabilities / assets

Revenue per employee

48 716 €

Revenue / average full-time employees

Labour cost per employee per month

773 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	13 May 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	31 May 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	9 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	29 Aug 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	29 Aug 2023	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	29 Aug 2023	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	2 Jun 2020	Company’s own	e-Äriregister

Board

Mikhail Shubin
Board member · since 19 May 2010

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Mihhail Šubin
Natural person · 2 556 €

100%

Beneficial owners

Mikhail Shubin
Direct ownership · since 1 Nov 2018

Founders and other persons

Mihhail Šubin
Founder · 40 000 € · 20 Mar 1997

Activities (EMTAK)

31001Manufacture of furniture, except mattresses Main

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10011346 / M3 6 Jul 2024	Warning of a fine: annual report not filed	5 Aug 2024	Deficiencies eliminated 10 Jul 2024	PDF
Ä 10011346 / 9 19 Sep 2023	Amendment under Code of Civil Procedure § 595¹ (1)		In force 19 Sep 2023	PDF
Ä 10011346 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10011346 / M2 22 Aug 2023	Warning of a fine: annual report not filed	21 Sep 2023	Deficiencies eliminated 30 Aug 2023	PDF
Ä 10011346 / 7 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10011346 / 6 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10011346 / 5 8 Sep 2016	Amendment entry		In force 8 Sep 2016	PDF
Ä 10011346 / 4 23 Dec 2011	Amendment entry		In force 23 Dec 2011	PDF
Ä 10011346 / M1 6 Dec 2011	Ruling to eliminate deficiencies	30 Jan 2012	Deficiencies eliminated 16 Dec 2011	PDF
Ä 10011346 / 3 19 May 2010	Amendment entry		In force 19 May 2010	PDF
Ä 11346 / 2 3 Dec 2008	Deletion of activities from the registry card		In force 5 Dec 2008	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data