MastersProject OÜ is a OÜ based in Tallinn, registry code 11215620, status: active. Main activity: Machining of metals. According to EMTA, turnover for Q3 2026 was €28 585 with 3 employees.
Turnover
28 585 €
↑ 98.7%vs Q2 2026
State taxes
7 212 €
↑ 412.2%vs Q2 2026
Labour taxes
2 433 €
↑ 14.3%vs Q2 2026
Employees
3
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25
Turnover · Q3 202628 585 €
above 39% of companies
industry median 54 051 € · companies in the industry: 1 358
Labour taxes per employee811 €
above 14% of companies
industry median 1 944 € · companies in the industry: 1 121
Revenue · 202575 690 €
above 51% of companies
industry median 71 144 € · companies in the industry: 1 712
Net profit margin · 2025-37.0 %
above 6% of companies
industry median 3.4 % · companies in the industry: 1 414
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 28 585 € · +98.7% vs Q2 2026 · industry median 54 051 € · above 39% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 811 € · +14.3% vs Q2 2026 · industry median 1 944 € · above 14% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 3 · +0.0% vs Q2 2026State taxes, € Q3 2026: 7 212 € · +412.2% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
28 585
7 212
2 433
3
Q2 2026
14 384
1 408
2 129
3
Q1 2026
12 061
1 953
1 202
3
Q4 2025
13 563
4 679
2 513
3
Q3 2025
17 674
3 802
2 306
3
Q2 2025
24 999
2 271
2 225
3
Q1 2025
17 481
2 708
2 584
3
Q4 2024
25 589
2 120
2 165
3
Q3 2024
33 578
6 880
1 924
3
Q2 2024
17 064
3 948
1 998
3
Q1 2024
17 875
5 375
3 484
3
Q4 2023
33 661
5 458
2 409
3
Q3 2023
37 657
6 257
2 420
3
Q2 2023
20 371
3 795
2 004
4
Q1 2023
16 902
4 275
2 309
4
Q4 2022
30 807
5 001
2 418
4
Q3 2022
28 056
3 185
1 785
4
Q2 2022
40 321
5 640
1 787
4
Q1 2022
15 697
914
1 287
4
Labour taxes per employee per month
270 €
Turnover per employee in the quarter
9 528 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 75 690 € · −12.1% vs 2024 · industry median 71 144 € · above 51% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -28 035 € · −11 008.6% vs 2024 · industry median 904 € · above 8% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -37.0 % · −37.3 pp vs the year before · industry median 3.4 % · above 6% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 137 191 € · +29.7% vs 2024Equity, € 2025: 58 256 € · −32.5% vs 2024Employees2025: 2 · +0.0% vs 2024 · industry median 3 · above 35% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (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
75 690
-28 035
33 154
137 191
58 256
2
2024
86 104
257
32 015
105 750
86 291
2
2023
109 811
197
39 683
114 265
86 034
3
2022
121 400
23 261
30 427
111 962
85 837
3
2021
98 763
26 954
17 420
84 882
62 575
2
2020
77 463
15 130
18 367
43 922
35 621
2
2019
42 169
-1 098
10 952
24 787
20 491
1
2018
—
—
—
—
—
1
2017
—
—
—
—
—
1
2016
—
—
—
—
—
2
2015
—
—
—
—
—
1
2014
—
—
—
—
—
2
2013
—
—
—
—
—
2
2012
—
—
—
—
—
4
2011
—
—
—
—
—
4
2010
—
—
—
—
—
3
2009
—
—
—
—
—
0
2008
—
—
—
—
—
1
2007
—
—
—
—
—
1
2006
—
—
—
—
—
5
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
-37.0 %
Net profit / revenue
Return on equity (ROE)
-48.1 %
Net profit / equity
Return on assets (ROA)
-20.4 %
Net profit / assets
Equity ratio
42.5 %
Equity / assets
Debt ratio
57.5 %
Liabilities / assets
Current ratio
1.09
Current assets / current liabilities
Revenue per employee
37 845 €
Revenue / average full-time employees
Labour cost per employee per month
1 381 €
Labour costs / employees / 12 months (incl. employer taxes)
