Must Lease OÜ

Active Registry code 11987334 OÜ Virtsu alevik Registered 2 Sep 2010
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Must Lease OÜ is a OÜ based in Virtsu alevik, registry code 11987334, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €0 with employees.

Turnover
0 €
State taxes
—
Labour taxes
—
Employees
—

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

Position in the industry Real estate activities · EMTAK 68

  • Revenue · 2025 1 940 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 -305.5 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 0 € · industry median 15 030 € · above 2% of the industry
05 00010 00015 00020 00025 000Q4 2023 Company: 753 € Industry median: 14 897 €Q4·23Q1 2024 Company: 1 000 € Industry median: 15 027 €Q2 2024 Company: 24 500 € Industry median: 14 064 €Q2·24Q3 2024 Company: 2 980 € Industry median: 14 462 €Q4 2024 Company: 1 912 € Industry median: 14 610 €Q4·24Q1 2025 Company: 1 245 € Industry median: 14 672 €Q2 2025 Company: 800 € Industry median: 14 301 €Q2·25Q3 2025 Company: 0 € Industry median: 14 273 €Q4 2025 Company: 0 € Industry median: 14 464 €Q4·25Q1 2026 Company: 0 € Industry median: 14 759 €Q2 2026 Company: 0 € Industry median: 14 595 €Q2·26Q3 2026 Company: 0 € Industry median: 15 030 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 1 912 € Industry median: 14 610 €Q1 2025 Company: 1 245 € Industry median: 14 672 €Q1·25Q2 2025 Company: 800 € Industry median: 14 301 €Q3 2025 Company: 0 € Industry median: 14 273 €Q3·25Q4 2025 Company: 0 € Industry median: 14 464 €Q1 2026 Company: 0 € Industry median: 14 759 €Q1·26Q2 2026 Company: 0 € Industry median: 14 595 €Q3 2026 Company: 0 € Industry median: 15 030 €Q3·26
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q1 2026: 78 €
0100200300400500Q4 2023 Company: 114 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 64 €Q2·24Q3 2024 Company: 419 €Q4 2024 Company: 166 €Q4·24Q1 2025 Company: 206 €Q2 2025 Company: 125 €Q2·25Q3 2025 Company: 104 €Q4 2025 Company: —Q4·25Q1 2026 Company: 78 €Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·26050100150200250Q4 2024 Company: 166 €Q1 2025 Company: 206 €Q1·25Q2 2025 Company: 125 €Q3 2025 Company: 104 €Q3·25Q4 2025 Company: —Q1 2026 Company: 78 €Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — — — —
Q2 2026 — — — —
Q1 2026 — 78 — —
Q4 2025 — — — —
Q3 2025 — 104 — —
Q2 2025 800 125 — —
Q1 2025 1 245 206 — —
Q4 2024 1 912 166 — —
Q3 2024 2 980 419 — —
Q2 2024 24 500 64 — —
Q1 2024 1 000 — — —
Q4 2023 753 114 — —
Q3 2023 570 77 — —
Q2 2023 1 799 176 — —
Q1 2023 1 051 — — —
Q4 2022 1 537 6 — —
Q3 2022 570 — — —
Q2 2022 891 — — —
Q1 2022 1 160 — — —

Financials by year

2016 – 2025
Revenue, € 2025: 1 940 € · −73.0% vs 2024 · industry median 13 620 € · above 22% of the industry
05 00010 00015 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3 202 € Industry median: 10 800 €20192020 Company: 5 726 € Industry median: 10 586 €20202021 Company: 1 704 € Industry median: 11 162 €20212022 Company: 3 001 € Industry median: 11 789 €20222023 Company: 5 173 € Industry median: 12 224 €20232024 Company: 7 173 € Industry median: 12 853 €20242025 Company: 1 940 € Industry median: 13 620 €202505 00010 00015 0002018 Company: — Industry median: —2019 Company: 3 202 € Industry median: 10 800 €20192020 Company: 5 726 € Industry median: 10 586 €2021 Company: 1 704 € Industry median: 11 162 €20212022 Company: 3 001 € Industry median: 11 789 €2023 Company: 5 173 € Industry median: 12 224 €20232024 Company: 7 173 € Industry median: 12 853 €2025 Company: 1 940 € Industry median: 13 620 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -5 927 € · −3.5% vs 2024 · industry median 283 € · above 10% of the industry
-6 000-4 000-2 00002 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -5 776 € Industry median: 205 €20192020 Company: 569 € Industry median: 175 €20202021 Company: 443 € Industry median: 251 €20212022 Company: 2 594 € Industry median: 161 €20222023 Company: -4 845 € Industry median: 154 €20232024 Company: -5 727 € Industry median: 256 €20242025 Company: -5 927 € Industry median: 283 €2025-6 000-4 000-2 00002 0004 0002018 Company: — Industry median: —2019 Company: -5 776 € Industry median: 205 €20192020 Company: 569 € Industry median: 175 €2021 Company: 443 € Industry median: 251 €20212022 Company: 2 594 € Industry median: 161 €2023 Company: -4 845 € Industry median: 154 €20232024 Company: -5 727 € Industry median: 256 €2025 Company: -5 927 € Industry median: 283 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -305.5 % · −225.7 pp vs the year before · industry median 5.9 % · above 2% of the industry
-400-300-200-10001002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -180.4 % Industry median: 5.7 %20192020 Company: 9.9 % Industry median: 5.6 %20202021 Company: 26.0 % Industry median: 7.4 %20212022 Company: 86.4 % Industry median: 5.9 %20222023 Company: -93.7 % Industry median: 5.2 %20232024 Company: -79.8 % Industry median: 5.9 %20242025 Company: -305.5 % Industry median: 5.9 %2025-400-300-200-10001002018 Company: — Industry median: —2019 Company: -180.4 % Industry median: 5.7 %20192020 Company: 9.9 % Industry median: 5.6 %2021 Company: 26.0 % Industry median: 7.4 %20212022 Company: 86.4 % Industry median: 5.9 %2023 Company: -93.7 % Industry median: 5.2 %20232024 Company: -79.8 % Industry median: 5.9 %2025 Company: -305.5 % Industry median: 5.9 %2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 107 467 € · −13.9% vs 2024
0501001502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 44 692 €20192020 Company: 44 715 €20202021 Company: 103 458 €20212022 Company: 137 710 €20222023 Company: 145 781 €20232024 Company: 124 772 €20242025 Company: 107 467 €20250501001502018 Company: —2019 Company: 44 692 €20192020 Company: 44 715 €2021 Company: 103 458 €20212022 Company: 137 710 €2023 Company: 145 781 €20232024 Company: 124 772 €2025 Company: 107 467 €2025
Equity, € 2025: 25 803 € · −18.7% vs 2024
010 00020 00030 00040 00050 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 38 685 €20192020 Company: 37 697 €20202021 Company: 38 275 €20212022 Company: 42 041 €20222023 Company: 37 458 €20232024 Company: 31 731 €20242025 Company: 25 803 €2025010 00020 00030 00040 00050 0002018 Company: —2019 Company: 38 685 €20192020 Company: 37 697 €2021 Company: 38 275 €20212022 Company: 42 041 €2023 Company: 37 458 €20232024 Company: 31 731 €2025 Company: 25 803 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.51.01.52.02016 Company: 2 Industry median: —20162017 Company: 2 Industry median: —20172018 Company: 1 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 1 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Real estate activities (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 1 940 -5 927 0 107 467 25 803 0
2024 7 173 -5 727 0 124 772 31 731 0
2023 5 173 -4 845 0 145 781 37 458 0
2022 3 001 2 594 0 137 710 42 041 0
2021 1 704 443 0 103 458 38 275 0
2020 5 726 569 0 44 715 37 697 0
2019 3 202 -5 776 0 44 692 38 685 0
2018 — — — — — 1
2017 — — — — — 2
2016 — — — — — 2
2015 — — — — — 1
2014 — — — — — 1
2013 — — — — — 1
2012 — — — — — 0
2011 — — — — — 1
2010 — — — — — 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 2025

Net profit margin
-305.5 %
Net profit / revenue
Return on equity (ROE)
-23.0 %
Net profit / equity
Return on assets (ROA)
-5.5 %
Net profit / assets
Equity ratio
24.0 %
Equity / assets
Debt ratio
76.0 %
Liabilities / assets
Current ratio
0.12
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 25 Jun 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 Dec 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 22 Nov 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 17 Apr 2022 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 2 Oct 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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main

Rulings 21

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 10147322 / 15
27 Oct 2025
 Amendment entry In force
27 Oct 2025
 PDF
Ä 10147322 / 14
18 Oct 2024
 Amendment entry In force
18 Oct 2024
 PDF
Ä 10147322 / M6
11 Nov 2023
 Fine for not filing the report 26 Nov 2023 Deficiencies eliminated
6 Dec 2023
 PDF
Ä 10147322 / M5
29 Sep 2023
 Warning of a fine: annual report not filed 29 Oct 2023 Deficiencies eliminated
6 Dec 2023
 PDF
Ä 10147322 / 13
2 Sep 2023
 Amendment entry In force
2 Sep 2023
 PDF
Ä 10147322 / M4
6 May 2021
 Public service of a ruling in Ametlikud Teadaanded In force
6 May 2021
 PDF
Ä 10147322 / 12
3 Mar 2021
 Entry refused: deficiencies not eliminated In force
6 Jun 2021
 PDF
Ä 10147322 / M3
22 Jan 2021
 Ruling to eliminate deficiencies 6 Feb 2021 In force
22 Jan 2021
 PDF
Ä 10147322 / M2
19 Jan 2021
 Ruling to eliminate deficiencies 3 Feb 2021 In force
19 Jan 2021
 PDF
Ä 10147322 / 11
25 Sep 2018
 Amendment entry In force
25 Sep 2018
 PDF
Ä 10147322 / 9
3 Jul 2018
 Entry refused: deficiencies not eliminated In force
18 Jul 2018
 PDF
Ä 10147322 / 10
3 Jul 2018
 Amendment entry In force
3 Jul 2018
 PDF
Ä 10147322 / M1
22 Jun 2018
 Ruling to eliminate deficiencies 2 Jul 2018 In force
22 Jun 2018
 PDF
Ä 10147322 / 8
17 Jan 2018
 Amendment entry In force
17 Jan 2018
 PDF
Ä 10147322 / 7
1 Dec 2017
 Amendment entry In force
1 Dec 2017
 PDF
Ä 10147322 / 6
31 Aug 2016
 Amendment entry In force
31 Aug 2016
 PDF
Ä 10147322 / 5
23 Oct 2015
 Amendment entry In force
23 Oct 2015
 PDF
Ä 10147322 / 4
6 Apr 2015
 Amendment entry In force
6 Apr 2015
 PDF
Ä 10147322 / 3
5 Aug 2013
 Amendment under Commercial Code § 525 (2) In force
5 Aug 2013
 PDF
Ä 10147322 / 2
30 Nov 2011
 Amendment entry In force
30 Nov 2011
 PDF
Ä 10147322
2 Sep 2010
 First entry In force
2 Sep 2010
 PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data