osaühing Mulgi Maaehitus

Active Registry code 11042094 OÜ Olustvere alevik Registered 6 May 2004
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osaühing Mulgi Maaehitus is a OÜ based in Olustvere alevik, registry code 11042094, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €89 965 with 3 employees.

Turnover
89 965 €
↑ 126.3% vs Q2 2026
State taxes
19 825 €
↑ 113.2% vs Q2 2026
Labour taxes
8 744 €
↑ 6.3% vs Q2 2026
Employees
3
−1 vs Q2 2026

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

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

  • Turnover · Q3 2026 89 965 €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 2 915 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 355 466 €
    industry median 38 239 € · companies in the industry: 7 000
  • Net profit margin · 2025 0.7 %
    industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 89 965 € · +126.3% vs Q2 2026 · industry median 25 252 € · above 77% of the industry
0255075100125Q4 2023 Company: 66 055 € Industry median: 26 427 €Q4·23Q1 2024 Company: 37 037 € Industry median: 19 618 €Q2 2024 Company: 23 654 € Industry median: 21 373 €Q2·24Q3 2024 Company: 47 475 € Industry median: 26 160 €Q4 2024 Company: 101 901 € Industry median: 25 496 €Q4·24Q1 2025 Company: 53 974 € Industry median: 19 568 €Q2 2025 Company: 99 781 € Industry median: 22 577 €Q2·25Q3 2025 Company: 114 923 € Industry median: 25 533 €Q4 2025 Company: 86 187 € Industry median: 25 721 €Q4·25Q1 2026 Company: 75 458 € Industry median: 20 483 €Q2 2026 Company: 39 746 € Industry median: 22 672 €Q2·26Q3 2026 Company: 89 965 € Industry median: 25 252 €Q3·260255075100125Q4 2024 Company: 101 901 € Industry median: 25 496 €Q1 2025 Company: 53 974 € Industry median: 19 568 €Q1·25Q2 2025 Company: 99 781 € Industry median: 22 577 €Q3 2025 Company: 114 923 € Industry median: 25 533 €Q3·25Q4 2025 Company: 86 187 € Industry median: 25 721 €Q1 2026 Company: 75 458 € Industry median: 20 483 €Q1·26Q2 2026 Company: 39 746 € Industry median: 22 672 €Q3 2026 Company: 89 965 € Industry median: 25 252 €Q3·26
  • 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, € Q3 2026: 2 915 € · +41.7% vs Q2 2026 · industry median 1 211 € · above 89% of the industry
01 0002 0003 0004 000Q4 2023 Company: 1 528 € Industry median: 1 145 €Q4·23Q1 2024 Company: 1 724 € Industry median: 1 097 €Q2 2024 Company: 1 430 € Industry median: 1 083 €Q2·24Q3 2024 Company: 1 935 € Industry median: 1 142 €Q4 2024 Company: 2 078 € Industry median: 1 179 €Q4·24Q1 2025 Company: 1 894 € Industry median: 1 188 €Q2 2025 Company: 2 175 € Industry median: 1 149 €Q2·25Q3 2025 Company: 2 661 € Industry median: 1 208 €Q4 2025 Company: 1 866 € Industry median: 1 254 €Q4·25Q1 2026 Company: 3 940 € Industry median: 1 183 €Q2 2026 Company: 2 057 € Industry median: 1 166 €Q2·26Q3 2026 Company: 2 915 € Industry median: 1 211 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 078 € Industry median: 1 179 €Q1 2025 Company: 1 894 € Industry median: 1 188 €Q1·25Q2 2025 Company: 2 175 € Industry median: 1 149 €Q3 2025 Company: 2 661 € Industry median: 1 208 €Q3·25Q4 2025 Company: 1 866 € Industry median: 1 254 €Q1 2026 Company: 3 940 € Industry median: 1 183 €Q1·26Q2 2026 Company: 2 057 € Industry median: 1 166 €Q3 2026 Company: 2 915 € Industry median: 1 211 €Q3·26
  • 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 Q3 2026: 3 · −25.0% vs Q2 2026
02468Q4 2023 Company: 4Q4·23Q1 2024 Company: 4Q2 2024 Company: 4Q2·24Q3 2024 Company: 4Q4 2024 Company: 4Q4·24Q1 2025 Company: 5Q2 2025 Company: 5Q2·25Q3 2025 Company: 5Q4 2025 Company: 7Q4·25Q1 2026 Company: 4Q2 2026 Company: 4Q2·26Q3 2026 Company: 3Q3·2602468Q4 2024 Company: 4Q1 2025 Company: 5Q1·25Q2 2025 Company: 5Q3 2025 Company: 5Q3·25Q4 2025 Company: 7Q1 2026 Company: 4Q1·26Q2 2026 Company: 4Q3 2026 Company: 3Q3·26
State taxes, € Q3 2026: 19 825 € · +113.2% vs Q2 2026
05 00010 00015 00020 00025 000Q4 2023 Company: 10 066 €Q4·23Q1 2024 Company: 10 118 €Q2 2024 Company: 5 517 €Q2·24Q3 2024 Company: 11 050 €Q4 2024 Company: 17 195 €Q4·24Q1 2025 Company: 13 669 €Q2 2025 Company: 19 804 €Q2·25Q3 2025 Company: 23 220 €Q4 2025 Company: 17 716 €Q4·25Q1 2026 Company: 24 475 €Q2 2026 Company: 9 297 €Q2·26Q3 2026 Company: 19 825 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 17 195 €Q1 2025 Company: 13 669 €Q1·25Q2 2025 Company: 19 804 €Q3 2025 Company: 23 220 €Q3·25Q4 2025 Company: 17 716 €Q1 2026 Company: 24 475 €Q1·26Q2 2026 Company: 9 297 €Q3 2026 Company: 19 825 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 89 965 19 825 8 744 3
Q2 2026 39 746 9 297 8 228 4
Q1 2026 75 458 24 475 15 761 4
Q4 2025 86 187 17 716 13 065 7
Q3 2025 114 923 23 220 13 305 5
Q2 2025 99 781 19 804 10 877 5
Q1 2025 53 974 13 669 9 471 5
Q4 2024 101 901 17 195 8 313 4
Q3 2024 47 475 11 050 7 738 4
Q2 2024 23 654 5 517 5 720 4
Q1 2024 37 037 10 118 6 897 4
Q4 2023 66 055 10 066 6 112 4
Q3 2023 56 597 9 305 7 355 3
Q2 2023 58 941 10 868 6 806 4
Q1 2023 41 595 10 361 6 348 4
Q4 2022 125 038 19 273 7 605 4
Q3 2022 110 028 19 764 7 596 4
Q2 2022 60 769 9 482 6 062 4
Q1 2022 94 452 20 181 8 798 4
Labour taxes per employee per month
972 €
Turnover per employee in the quarter
29 988 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 355 466 € · +69.4% vs 2024 · industry median 38 239 € · above 86% of the industry
01002003004005002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 479 892 € Industry median: 38 887 €20192020 Company: 444 256 € Industry median: 35 421 €20202021 Company: 316 642 € Industry median: 38 277 €20212022 Company: 315 879 € Industry median: 39 545 €20222023 Company: 242 067 € Industry median: 37 262 €20232024 Company: 209 825 € Industry median: 37 686 €20242025 Company: 355 466 € Industry median: 38 239 €202501002003004005002018 Company: — Industry median: —2019 Company: 479 892 € Industry median: 38 887 €20192020 Company: 444 256 € Industry median: 35 421 €2021 Company: 316 642 € Industry median: 38 277 €20212022 Company: 315 879 € Industry median: 39 545 €2023 Company: 242 067 € Industry median: 37 262 €20232024 Company: 209 825 € Industry median: 37 686 €2025 Company: 355 466 € Industry median: 38 239 €2025
  • 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, € 2025: 2 594 € · +108.0% vs 2024 · industry median 410 € · above 61% of the industry
-80 000-60 000-40 000-20 000020 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 32 018 € Industry median: 643 €20192020 Company: -61 852 € Industry median: 281 €20202021 Company: 20 496 € Industry median: 315 €20212022 Company: -8 341 € Industry median: 398 €20222023 Company: -175 € Industry median: 253 €20232024 Company: -32 472 € Industry median: 108 €20242025 Company: 2 594 € Industry median: 410 €2025-80 000-60 000-40 000-20 000020 00040 0002018 Company: — Industry median: —2019 Company: 32 018 € Industry median: 643 €20192020 Company: -61 852 € Industry median: 281 €2021 Company: 20 496 € Industry median: 315 €20212022 Company: -8 341 € Industry median: 398 €2023 Company: -175 € Industry median: 253 €20232024 Company: -32 472 € Industry median: 108 €2025 Company: 2 594 € Industry median: 410 €2025
  • 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, % 2025: 0.7 % · +16.2 pp vs the year before · industry median 3.5 % · above 37% of the industry
-20-15-10-505102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 6.7 % Industry median: 4.5 %20192020 Company: -13.9 % Industry median: 4.0 %20202021 Company: 6.5 % Industry median: 3.8 %20212022 Company: -2.6 % Industry median: 3.9 %20222023 Company: -0.1 % Industry median: 3.9 %20232024 Company: -15.5 % Industry median: 2.8 %20242025 Company: 0.7 % Industry median: 3.5 %2025-20-15-10-505102018 Company: — Industry median: —2019 Company: 6.7 % Industry median: 4.5 %20192020 Company: -13.9 % Industry median: 4.0 %2021 Company: 6.5 % Industry median: 3.8 %20212022 Company: -2.6 % Industry median: 3.9 %2023 Company: -0.1 % Industry median: 3.9 %20232024 Company: -15.5 % Industry median: 2.8 %2025 Company: 0.7 % Industry median: 3.5 %2025
  • 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 2025: 97 184 € · +35.8% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 190 236 €20192020 Company: 140 358 €20202021 Company: 127 001 €20212022 Company: 102 742 €20222023 Company: 95 443 €20232024 Company: 71 560 €20242025 Company: 97 184 €20250501001502002018 Company: —2019 Company: 190 236 €20192020 Company: 140 358 €2021 Company: 127 001 €20212022 Company: 102 742 €2023 Company: 95 443 €20232024 Company: 71 560 €2025 Company: 97 184 €2025
Equity, € thousand 2025: 39 644 € · +7.0% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 119 394 €20192020 Company: 57 542 €20202021 Company: 78 038 €20212022 Company: 69 697 €20222023 Company: 69 522 €20232024 Company: 37 050 €20242025 Company: 39 644 €202502550751001252018 Company: —2019 Company: 119 394 €20192020 Company: 57 542 €2021 Company: 78 038 €20212022 Company: 69 697 €2023 Company: 69 522 €20232024 Company: 37 050 €2025 Company: 39 644 €2025
Employees 2025: 5 · +25.0% vs 2024 · industry median 2 · above 80% of the industry
0123452016 Company: 5 Industry median: —20162017 Company: 5 Industry median: —20172018 Company: 5 Industry median: 220182019 Company: 5 Industry median: 220192020 Company: 5 Industry median: 220202021 Company: 5 Industry median: 220212022 Company: 4 Industry median: 220222023 Company: 4 Industry median: 220232024 Company: 4 Industry median: 220242025 Company: 5 Industry median: 220250123452018 Company: 5 Industry median: 22019 Company: 5 Industry median: 220192020 Company: 5 Industry median: 22021 Company: 5 Industry median: 220212022 Company: 4 Industry median: 22023 Company: 4 Industry median: 220232024 Company: 4 Industry median: 22025 Company: 5 Industry median: 22025
  • 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
2025 355 466 2 594 132 115 97 184 39 644 5
2024 209 825 -32 472 80 760 71 560 37 050 4
2023 242 067 -175 75 257 95 443 69 522 4
2022 315 879 -8 341 79 026 102 742 69 697 4
2021 316 642 20 496 93 639 127 001 78 038 5
2020 444 256 -61 852 84 872 140 358 57 542 5
2019 479 892 32 018 85 224 190 236 119 394 5
2018 — — — — — 5
2017 — — — — — 5
2016 — — — — — 5
2015 — — — — — 7
2014 — — — — — 7
2013 — — — — — 9
2012 — — — — — 9
2011 — — — — — 6
2010 — — — — — 6
2009 — — — — — 9
2008 — — — — — 11
2007 — — — — — 11
2006 — — — — — 6
2005 — — — — — 4
2004 — — — — — 1

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
0.7 %
Net profit / revenue
Return on equity (ROE)
6.5 %
Net profit / equity
Return on assets (ROA)
2.7 %
Net profit / assets
Equity ratio
40.8 %
Equity / assets
Debt ratio
59.2 %
Liabilities / assets
Current ratio
0.53
Current assets / current liabilities
Revenue per employee
71 093 €
Revenue / average full-time employees
Labour cost per employee per month
2 202 €
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 26 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 26 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 3 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 29 Dec 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 19 Aug 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

  • Madis Randaru
    Member of a senior management body (management or supervisory board) · since 22 Mar 2019

Founders and other persons

  • Osaühing Nelivedu
    Founder · 40 000 € · 31 Mar 2004
  • Osaühing Nelivedu
    Founder · 40 000 € · 6 May 2004

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 20026791 / 11
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 20026791 / 10
30 Jun 2022
Amendment under Commercial Code § 525 (2) In force
30 Jun 2022
PDF
Ä 20026791 / M1
29 Nov 2021
Ruling to eliminate deficiencies in the annual report 29 Dec 2021 Deficiencies eliminated
29 Dec 2021
PDF
Ä 20026791 / 9
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20026791 / 8
6 Dec 2017
Amendment entry In force
6 Dec 2017
PDF
Ä 20026791 / 7
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20026791 / 6
6 Jan 2012
Amendment entry In force
6 Jan 2012
PDF
Ä 26791 / 5
3 Dec 2008
Deletion of activities from the registry card In force
22 Dec 2008
PDF
Ä 26791 / 4
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
Ä 19875 / 2
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
Ä 26791 / 3
13 Sep 2004
Note on closing the registry card in the former department In force PDF
Ä 19875
9 Sep 2004
Registry card opened in the department of the new seat In force PDF
Ä 26791 / 2
25 Aug 2004
Note In force PDF
Ä 26791
4 May 2004
First entry In force PDF

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