Master Bates OÜ

Active Registry code 11017512 OÜ Tallinn Registered 26 Feb 2004
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Master Bates OÜ is a OÜ based in Tallinn, registry code 11017512, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q2 2025 was €43 168 with employees.

Turnover
43 168 €
↓ 22.6% vs Q1 2025
State taxes
9 655 €
↓ 13.0% vs Q1 2025
Labour taxes
1 321 €
↑ 38.3% vs Q1 2025
Employees
—

Q2 2025 · data from the Tax and Customs Board (EMTA)

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Turnover · Q2 2025 43 168 €
    industry median 22 577 € · companies in the industry: 4 381
  • Revenue · 2024 75 426 €
    industry median 37 686 € · companies in the industry: 7 373
  • Net profit margin · 2024 56.2 %
    industry median 2.8 % · companies in the industry: 5 756

Taxes and turnover

Q3 2022 – Q2 2025
Turnover, € Q2 2025: 43 168 € · −22.6% vs Q1 2025 · industry median 22 577 € · above 64% of the industry
020 00040 00060 000Q3 2022 Company: 21 255 € Industry median: 30 049 €Q3·22Q4 2022 Company: 50 517 € Industry median: 29 508 €Q1 2023 Company: 9 828 € Industry median: 22 726 €Q1·23Q2 2023 Company: 8 140 € Industry median: 24 000 €Q3 2023 Company: 17 441 € Industry median: 27 263 €Q3·23Q4 2023 Company: 11 512 € Industry median: 26 427 €Q1 2024 Company: 14 540 € Industry median: 19 618 €Q1·24Q2 2024 Company: 19 284 € Industry median: 21 373 €Q3 2024 Company: 16 154 € Industry median: 26 160 €Q3·24Q4 2024 Company: 16 867 € Industry median: 25 496 €Q1 2025 Company: 55 772 € Industry median: 19 568 €Q1·25Q2 2025 Company: 43 168 € Industry median: 22 577 €Q2·25020 00040 00060 000Q3 2023 Company: 17 441 € Industry median: 27 263 €Q4 2023 Company: 11 512 € Industry median: 26 427 €Q4·23Q1 2024 Company: 14 540 € Industry median: 19 618 €Q2 2024 Company: 19 284 € Industry median: 21 373 €Q2·24Q3 2024 Company: 16 154 € Industry median: 26 160 €Q4 2024 Company: 16 867 € Industry median: 25 496 €Q4·24Q1 2025 Company: 55 772 € Industry median: 19 568 €Q2 2025 Company: 43 168 € Industry median: 22 577 €Q2·25
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q1 2025: 478 € · +13.2% vs Q4 2024 · industry median 1 188 € · above 13% of the industry
01 0002 0003 0004 000Q3 2022 Company: 422 € Industry median: 1 108 €Q3·22Q4 2022 Company: 3 867 € Industry median: 1 173 €Q1 2023 Company: 2 113 € Industry median: 1 119 €Q1·23Q2 2023 Company: 714 € Industry median: 1 060 €Q3 2023 Company: 1 188 € Industry median: 1 118 €Q3·23Q4 2023 Company: 1 054 € Industry median: 1 145 €Q1 2024 Company: 212 € Industry median: 1 097 €Q1·24Q2 2024 Company: 252 € Industry median: 1 083 €Q3 2024 Company: 593 € Industry median: 1 142 €Q3·24Q4 2024 Company: 422 € Industry median: 1 179 €Q1 2025 Company: 478 € Industry median: 1 188 €Q1·25Q2 2025 Company: — Industry median: 1 149 €Q2·2502505007501 0001 250Q3 2023 Company: 1 188 € Industry median: 1 118 €Q4 2023 Company: 1 054 € Industry median: 1 145 €Q4·23Q1 2024 Company: 212 € Industry median: 1 097 €Q2 2024 Company: 252 € Industry median: 1 083 €Q2·24Q3 2024 Company: 593 € Industry median: 1 142 €Q4 2024 Company: 422 € Industry median: 1 179 €Q4·24Q1 2025 Company: 478 € Industry median: 1 188 €Q2 2025 Company: — Industry median: 1 149 €Q2·25
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q1 2025: 2 · +0.0% vs Q4 2024
01234Q3 2022 Company: 4Q3·22Q4 2022 Company: 1Q1 2023 Company: 1Q1·23Q2 2023 Company: 1Q3 2023 Company: 1Q3·23Q4 2023 Company: 1Q1 2024 Company: 2Q1·24Q2 2024 Company: 2Q3 2024 Company: 2Q3·24Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: —Q2·250.00.51.01.52.0Q3 2023 Company: 1Q4 2023 Company: 1Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: —Q2·25
State taxes, € Q2 2025: 9 655 € · −13.0% vs Q1 2025
05 00010 00015 000Q3 2022 Company: 5 749 €Q3·22Q4 2022 Company: 12 765 €Q1 2023 Company: 4 312 €Q1·23Q2 2023 Company: 1 998 €Q3 2023 Company: 3 515 €Q3·23Q4 2023 Company: 1 255 €Q1 2024 Company: 1 897 €Q1·24Q2 2024 Company: 4 422 €Q3 2024 Company: 3 345 €Q3·24Q4 2024 Company: 3 766 €Q1 2025 Company: 11 097 €Q1·25Q2 2025 Company: 9 655 €Q2·2502 5005 0007 50010 00012 500Q3 2023 Company: 3 515 €Q4 2023 Company: 1 255 €Q4·23Q1 2024 Company: 1 897 €Q2 2024 Company: 4 422 €Q2·24Q3 2024 Company: 3 345 €Q4 2024 Company: 3 766 €Q4·24Q1 2025 Company: 11 097 €Q2 2025 Company: 9 655 €Q2·25
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q2 2025 43 168 9 655 1 321 —
Q1 2025 55 772 11 097 955 2
Q4 2024 16 867 3 766 844 2
Q3 2024 16 154 3 345 1 186 2
Q2 2024 19 284 4 422 504 2
Q1 2024 14 540 1 897 424 2
Q4 2023 11 512 1 255 1 054 1
Q3 2023 17 441 3 515 1 188 1
Q2 2023 8 140 1 998 714 1
Q1 2023 9 828 4 312 2 113 1
Q4 2022 50 517 12 765 3 867 1
Q3 2022 21 255 5 749 1 689 4
Q2 2022 9 500 2 847 270 1
Q1 2022 — 2 088 1 466 1

Financials by year

2015 – 2024
Revenue, € thousand 2024: 75 426 € · +63.6% vs 2023 · industry median 37 686 € · above 64% of the industry
02550751001252015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 121 291 € Industry median: 38 887 €20192020 Company: 98 795 € Industry median: 35 421 €20202021 Company: 27 092 € Industry median: 38 277 €20212022 Company: 87 176 € Industry median: 39 540 €20222023 Company: 46 107 € Industry median: 37 253 €20232024 Company: 75 426 € Industry median: 37 686 €202402550751001252017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 121 291 € Industry median: 38 887 €2020 Company: 98 795 € Industry median: 35 421 €20202021 Company: 27 092 € Industry median: 38 277 €2022 Company: 87 176 € Industry median: 39 540 €20222023 Company: 46 107 € Industry median: 37 253 €2024 Company: 75 426 € Industry median: 37 686 €2024
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2024: 42 410 € · +649.0% vs 2023 · industry median 107 € · above 91% of the industry
-40 000-20 000020 00040 00060 0002015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 34 745 € Industry median: 643 €20192020 Company: 4 483 € Industry median: 279 €20202021 Company: -23 619 € Industry median: 315 €20212022 Company: 40 826 € Industry median: 398 €20222023 Company: 5 662 € Industry median: 253 €20232024 Company: 42 410 € Industry median: 107 €2024-40 000-20 000020 00040 00060 0002017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 34 745 € Industry median: 643 €2020 Company: 4 483 € Industry median: 279 €20202021 Company: -23 619 € Industry median: 315 €2022 Company: 40 826 € Industry median: 398 €20222023 Company: 5 662 € Industry median: 253 €2024 Company: 42 410 € Industry median: 107 €2024
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2024: 56.2 % · +43.9 pp vs the year before · industry median 2.8 % · above 93% of the industry
-100-500501002015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 28.6 % Industry median: 4.5 %20192020 Company: 4.5 % Industry median: 4.0 %20202021 Company: -87.2 % Industry median: 3.8 %20212022 Company: 46.8 % Industry median: 3.9 %20222023 Company: 12.3 % Industry median: 3.9 %20232024 Company: 56.2 % Industry median: 2.8 %2024-100-500501002017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 28.6 % Industry median: 4.5 %2020 Company: 4.5 % Industry median: 4.0 %20202021 Company: -87.2 % Industry median: 3.8 %2022 Company: 46.8 % Industry median: 3.9 %20222023 Company: 12.3 % Industry median: 3.9 %2024 Company: 56.2 % Industry median: 2.8 %2024
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2024: 123 511 € · +42.9% vs 2023
02550751001252015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 64 986 €20192020 Company: 73 789 €20202021 Company: 45 464 €20212022 Company: 82 795 €20222023 Company: 86 459 €20232024 Company: 123 511 €202402550751001252017 Company: —2018 Company: —20182019 Company: 64 986 €2020 Company: 73 789 €20202021 Company: 45 464 €2022 Company: 82 795 €20222023 Company: 86 459 €2024 Company: 123 511 €2024
Equity, € thousand 2024: 119 032 € · +55.3% vs 2023
02550751001252015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 49 270 €20192020 Company: 53 753 €20202021 Company: 30 134 €20212022 Company: 70 960 €20222023 Company: 76 622 €20232024 Company: 119 032 €202402550751001252017 Company: —2018 Company: —20182019 Company: 49 270 €2020 Company: 53 753 €20202021 Company: 30 134 €2022 Company: 70 960 €20222023 Company: 76 622 €2024 Company: 119 032 €2024
Employees 2024: 2 · +100.0% vs 2023 · industry median 2 · above 50% of the industry
01232015 Company: 1 Industry median: —20152016 Company: 1 Industry median: —20162017 Company: 1 Industry median: —20172018 Company: 2 Industry median: 220182019 Company: 3 Industry median: 220192020 Company: 2 Industry median: 220202021 Company: 1 Industry median: 220212022 Company: 1 Industry median: 220222023 Company: 1 Industry median: 220232024 Company: 2 Industry median: 2202401232017 Company: 1 Industry median: —2018 Company: 2 Industry median: 220182019 Company: 3 Industry median: 22020 Company: 2 Industry median: 220202021 Company: 1 Industry median: 22022 Company: 1 Industry median: 220222023 Company: 1 Industry median: 22024 Company: 2 Industry median: 22024
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (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
2024 75 426 42 410 9 632 123 511 119 032 2
2023 46 107 5 662 11 991 86 459 76 622 1
2022 87 176 40 826 21 137 82 795 70 960 1
2021 27 092 -23 619 7 584 45 464 30 134 1
2020 98 795 4 483 18 009 73 789 53 753 2
2019 121 291 34 745 27 146 64 986 49 270 3
2018 — — — — — 2
2017 — — — — — 1
2016 — — — — — 1
2015 — — — — — 1
2014 — — — — — 1
2013 — — — — — 2
2012 — — — — — 0
2011 — — — — — 0
2010 — — — — — 1
2009 — — — — — 1
2008 — — — — — 1
2007 — — — — — 1
2006 — — — — — 1
2005 — — — — — 1
2004 — — — — — 0

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

Financial ratios for 2024

Net profit margin
56.2 %
Net profit / revenue
Return on equity (ROE)
35.6 %
Net profit / equity
Return on assets (ROA)
34.3 %
Net profit / assets
Equity ratio
96.4 %
Equity / assets
Debt ratio
3.6 %
Liabilities / assets
Current ratio
27.58
Current assets / current liabilities
Revenue per employee
37 713 €
Revenue / average full-time employees
Labour cost per employee per month
401 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 5 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 1 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 5 Jul 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 1 Jul 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

  • Simon Lirisman
    Member of a senior management body (management or supervisory board) · FIN · since 6 May 2025

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 30034079 / M3
8 Oct 2026
Fine for not filing the report 4 Nov 2026 Signed
8 Oct 2026
PDF
Ä 30034079 / M2
24 Aug 2026
Warning of a fine: annual report not filed 27 Sep 2026 In force
28 Aug 2026
PDF
Ä 30034079 / 13
29 May 2025
Amendment entry In force
29 May 2025
PDF
Ä 30034079 / 12
16 May 2025
Amendment entry In force
16 May 2025
PDF
Ä 30034079 / 11
7 May 2025
Amendment entry In force
7 May 2025
PDF
Ä 30034079 / 10
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 30034079 / 9
3 May 2019
Amendment entry In force
3 May 2019
PDF
Ä 30034079 / 8
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 30034079 / 7
4 Dec 2017
Amendment entry In force
4 Dec 2017
PDF
Ä 30034079 / 6
6 Jun 2012
Amendment entry In force
6 Jun 2012
PDF
Ä 30034079 / 5
19 May 2010
Deletion of activities from the registry card In force
19 May 2010
PDF
Ä 34079 / M1
7 Nov 2007
Warning of a fine: deficiencies in the annual report 10 Dec 2007 Deficiencies eliminated
30 Nov 2007
PDF
Ä 77690 / 4
14 Aug 2007
Registry card closed after a change of district In force
14 Aug 2007
PDF
Ä 34079
8 Aug 2007
Registry card opened in the department of the new seat In force
8 Aug 2007
PDF
Ä 77690 / 3
2 Aug 2007
Note In force
2 Aug 2007
PDF
Ä 77690 / 2
21 Apr 2004
Amendment entry In force PDF
Ä 77690
26 Feb 2004
First entry In force PDF
Ä 77690 / M1
6 Feb 2004
Ruling to eliminate deficiencies (to be served) 6 Apr 2004 In force PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data