MadEst OÜ

Active Registry code 12120073 OÜ Koldamäe küla Registered 14 Jun 2011
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MadEst OÜ is a OÜ based in Koldamäe küla, registry code 12120073, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €41 980 with 3 employees.

Turnover
41 980 €
↑ 37.2% vs Q2 2026
State taxes
7 751 €
↑ 8.8% vs Q2 2026
Labour taxes
5 118 €
↓ 2.3% 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 41 980 €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 1 706 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 176 818 €
    industry median 38 239 € · companies in the industry: 7 000
  • Net profit margin · 2025 1.5 %
    industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 41 980 € · +37.2% vs Q2 2026 · industry median 25 252 € · above 61% of the industry
020 00040 00060 000Q4 2023 Company: 36 320 € Industry median: 26 427 €Q4·23Q1 2024 Company: 13 549 € Industry median: 19 618 €Q2 2024 Company: 20 367 € Industry median: 21 373 €Q2·24Q3 2024 Company: 23 225 € Industry median: 26 160 €Q4 2024 Company: 27 272 € Industry median: 25 496 €Q4·24Q1 2025 Company: 48 686 € Industry median: 19 568 €Q2 2025 Company: 53 367 € Industry median: 22 577 €Q2·25Q3 2025 Company: 48 871 € Industry median: 25 533 €Q4 2025 Company: 26 219 € Industry median: 25 721 €Q4·25Q1 2026 Company: 28 162 € Industry median: 20 483 €Q2 2026 Company: 30 598 € Industry median: 22 672 €Q2·26Q3 2026 Company: 41 980 € Industry median: 25 252 €Q3·26020 00040 00060 000Q4 2024 Company: 27 272 € Industry median: 25 496 €Q1 2025 Company: 48 686 € Industry median: 19 568 €Q1·25Q2 2025 Company: 53 367 € Industry median: 22 577 €Q3 2025 Company: 48 871 € Industry median: 25 533 €Q3·25Q4 2025 Company: 26 219 € Industry median: 25 721 €Q1 2026 Company: 28 162 € Industry median: 20 483 €Q1·26Q2 2026 Company: 30 598 € Industry median: 22 672 €Q3 2026 Company: 41 980 € 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: 1 706 € · +30.3% vs Q2 2026 · industry median 1 211 € · above 70% of the industry
05001 0001 5002 000Q4 2023 Company: 725 € Industry median: 1 145 €Q4·23Q1 2024 Company: 1 005 € Industry median: 1 097 €Q2 2024 Company: 1 059 € Industry median: 1 083 €Q2·24Q3 2024 Company: 862 € Industry median: 1 142 €Q4 2024 Company: 1 230 € Industry median: 1 179 €Q4·24Q1 2025 Company: 1 220 € Industry median: 1 188 €Q2 2025 Company: 1 255 € Industry median: 1 149 €Q2·25Q3 2025 Company: 985 € Industry median: 1 208 €Q4 2025 Company: 1 289 € Industry median: 1 254 €Q4·25Q1 2026 Company: 1 311 € Industry median: 1 183 €Q2 2026 Company: 1 309 € Industry median: 1 166 €Q2·26Q3 2026 Company: 1 706 € Industry median: 1 211 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 230 € Industry median: 1 179 €Q1 2025 Company: 1 220 € Industry median: 1 188 €Q1·25Q2 2025 Company: 1 255 € Industry median: 1 149 €Q3 2025 Company: 985 € Industry median: 1 208 €Q3·25Q4 2025 Company: 1 289 € Industry median: 1 254 €Q1 2026 Company: 1 311 € Industry median: 1 183 €Q1·26Q2 2026 Company: 1 309 € Industry median: 1 166 €Q3 2026 Company: 1 706 € 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
01234Q4 2023 Company: 3Q4·23Q1 2024 Company: 3Q2 2024 Company: 3Q2·24Q3 2024 Company: 4Q4 2024 Company: 3Q4·24Q1 2025 Company: 3Q2 2025 Company: 3Q2·25Q3 2025 Company: 4Q4 2025 Company: 4Q4·25Q1 2026 Company: 4Q2 2026 Company: 4Q2·26Q3 2026 Company: 3Q3·2601234Q4 2024 Company: 3Q1 2025 Company: 3Q1·25Q2 2025 Company: 3Q3 2025 Company: 4Q3·25Q4 2025 Company: 4Q1 2026 Company: 4Q1·26Q2 2026 Company: 4Q3 2026 Company: 3Q3·26
State taxes, € Q3 2026: 7 751 € · +8.8% vs Q2 2026
02 0004 0006 0008 00010 000Q4 2023 Company: 6 630 €Q4·23Q1 2024 Company: 4 930 €Q2 2024 Company: 3 114 €Q2·24Q3 2024 Company: 5 832 €Q4 2024 Company: 6 789 €Q4·24Q1 2025 Company: 8 438 €Q2 2025 Company: 3 704 €Q2·25Q3 2025 Company: 6 161 €Q4 2025 Company: 7 425 €Q4·25Q1 2026 Company: 8 537 €Q2 2026 Company: 7 123 €Q2·26Q3 2026 Company: 7 751 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 6 789 €Q1 2025 Company: 8 438 €Q1·25Q2 2025 Company: 3 704 €Q3 2025 Company: 6 161 €Q3·25Q4 2025 Company: 7 425 €Q1 2026 Company: 8 537 €Q1·26Q2 2026 Company: 7 123 €Q3 2026 Company: 7 751 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 41 980 7 751 5 118 3
Q2 2026 30 598 7 123 5 236 4
Q1 2026 28 162 8 537 5 244 4
Q4 2025 26 219 7 425 5 156 4
Q3 2025 48 871 6 161 3 941 4
Q2 2025 53 367 3 704 3 764 3
Q1 2025 48 686 8 438 3 661 3
Q4 2024 27 272 6 789 3 691 3
Q3 2024 23 225 5 832 3 449 4
Q2 2024 20 367 3 114 3 178 3
Q1 2024 13 549 4 930 3 014 3
Q4 2023 36 320 6 630 2 175 3
Q3 2023 47 751 9 413 2 436 3
Q2 2023 56 577 5 693 2 576 3
Q1 2023 12 169 2 577 2 700 3
Q4 2022 68 549 8 683 2 924 3
Q3 2022 32 771 4 323 3 031 3
Q2 2022 32 973 3 957 2 994 3
Q1 2022 27 835 4 592 2 571 3
Labour taxes per employee per month
569 €
Turnover per employee in the quarter
13 993 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 176 818 € · +90.9% vs 2024 · industry median 38 239 € · above 77% of the industry
0501001502002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 69 725 € Industry median: 38 887 €20192020 Company: 88 900 € Industry median: 35 421 €20202021 Company: 99 953 € Industry median: 38 277 €20212022 Company: 154 810 € Industry median: 39 545 €20222023 Company: 147 920 € Industry median: 37 262 €20232024 Company: 92 643 € Industry median: 37 686 €20242025 Company: 176 818 € Industry median: 38 239 €20250501001502002018 Company: — Industry median: —2019 Company: 69 725 € Industry median: 38 887 €20192020 Company: 88 900 € Industry median: 35 421 €2021 Company: 99 953 € Industry median: 38 277 €20212022 Company: 154 810 € Industry median: 39 545 €2023 Company: 147 920 € Industry median: 37 262 €20232024 Company: 92 643 € Industry median: 37 686 €2025 Company: 176 818 € 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: 2 665 € · +166.6% vs 2024 · industry median 410 € · above 61% of the industry
-40 000-30 000-20 000-10 000010 00020 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -27 459 € Industry median: 643 €20192020 Company: -7 437 € Industry median: 281 €20202021 Company: -31 427 € Industry median: 315 €20212022 Company: 3 927 € Industry median: 398 €20222023 Company: 11 510 € Industry median: 253 €20232024 Company: -4 003 € Industry median: 108 €20242025 Company: 2 665 € Industry median: 410 €2025-40 000-30 000-20 000-10 000010 00020 0002018 Company: — Industry median: —2019 Company: -27 459 € Industry median: 643 €20192020 Company: -7 437 € Industry median: 281 €2021 Company: -31 427 € Industry median: 315 €20212022 Company: 3 927 € Industry median: 398 €2023 Company: 11 510 € Industry median: 253 €20232024 Company: -4 003 € Industry median: 108 €2025 Company: 2 665 € 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: 1.5 % · +5.8 pp vs the year before · industry median 3.5 % · above 42% of the industry
-40-30-20-100102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -39.4 % Industry median: 4.5 %20192020 Company: -8.4 % Industry median: 4.0 %20202021 Company: -31.4 % Industry median: 3.8 %20212022 Company: 2.5 % Industry median: 3.9 %20222023 Company: 7.8 % Industry median: 3.9 %20232024 Company: -4.3 % Industry median: 2.8 %20242025 Company: 1.5 % Industry median: 3.5 %2025-40-30-20-100102018 Company: — Industry median: —2019 Company: -39.4 % Industry median: 4.5 %20192020 Company: -8.4 % Industry median: 4.0 %2021 Company: -31.4 % Industry median: 3.8 %20212022 Company: 2.5 % Industry median: 3.9 %2023 Company: 7.8 % Industry median: 3.9 %20232024 Company: -4.3 % Industry median: 2.8 %2025 Company: 1.5 % 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, € 2025: 65 742 € · +53.5% vs 2024
020 00040 00060 00080 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 15 935 €20192020 Company: 19 848 €20202021 Company: 11 166 €20212022 Company: 15 957 €20222023 Company: 18 739 €20232024 Company: 42 815 €20242025 Company: 65 742 €2025020 00040 00060 00080 0002018 Company: —2019 Company: 15 935 €20192020 Company: 19 848 €2021 Company: 11 166 €20212022 Company: 15 957 €2023 Company: 18 739 €20232024 Company: 42 815 €2025 Company: 65 742 €2025
Equity, € 2025: 10 154 € · +35.6% vs 2024
02 5005 0007 50010 00012 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 5 967 €20192020 Company: 5 313 €20202021 Company: 5 934 €20212022 Company: 9 861 €20222023 Company: 11 492 €20232024 Company: 7 488 €20242025 Company: 10 154 €202502 5005 0007 50010 00012 5002018 Company: —2019 Company: 5 967 €20192020 Company: 5 313 €2021 Company: 5 934 €20212022 Company: 9 861 €2023 Company: 11 492 €20232024 Company: 7 488 €2025 Company: 10 154 €2025
Employees 2025: 3 · +0.0% vs 2024 · industry median 2 · above 65% of the industry
0123452016 Company: 5 Industry median: —20162017 Company: 5 Industry median: —20172018 Company: 3 Industry median: 220182019 Company: 3 Industry median: 220192020 Company: 3 Industry median: 220202021 Company: 3 Industry median: 220212022 Company: 3 Industry median: 220222023 Company: 3 Industry median: 220232024 Company: 3 Industry median: 220242025 Company: 3 Industry median: 2202501232018 Company: 3 Industry median: 22019 Company: 3 Industry median: 220192020 Company: 3 Industry median: 22021 Company: 3 Industry median: 220212022 Company: 3 Industry median: 22023 Company: 3 Industry median: 220232024 Company: 3 Industry median: 22025 Company: 3 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 176 818 2 665 51 447 65 742 10 154 3
2024 92 643 -4 003 45 774 42 815 7 488 3
2023 147 920 11 510 34 075 18 739 11 492 3
2022 154 810 3 927 35 914 15 957 9 861 3
2021 99 953 -31 427 29 914 11 166 5 934 3
2020 88 900 -7 437 25 700 19 848 5 313 3
2019 69 725 -27 459 30 867 15 935 5 967 3
2018 — — — — — 3
2017 — — — — — 5
2016 — — — — — 5
2015 — — — — — 4
2014 — — — — — 3
2013 — — — — — 1
2012 — — — — — 0
2011 — — — — — 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
1.5 %
Net profit / revenue
Return on equity (ROE)
26.2 %
Net profit / equity
Return on assets (ROA)
4.1 %
Net profit / assets
Equity ratio
15.4 %
Equity / assets
Debt ratio
84.6 %
Liabilities / assets
Current ratio
0.67
Current assets / current liabilities
Revenue per employee
58 939 €
Revenue / average full-time employees
Labour cost per employee per month
1 429 €
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 18 May 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 29 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 23 Apr 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 May 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 21 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 13 May 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 3 Jun 2020 Company’s own e-Äriregister

Board

  • Madis Arm
    Board member · since 14 Jun 2011

Right of representation

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

Owners

  • Madis Arm
    Natural person · 2 500 €

Beneficial owners

  • Madis Arm
    Direct ownership · since 29 Oct 2018

Founders and other persons

  • Madis Arm
    Founder · 2 500 € · 14 Jun 2011
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
  • 81231Other cleaning activities
Rulings
Number, date Title Deadline State Document
Ä 40032448 / 7
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 40032448 / 6
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 40032448 / 5
6 Dec 2017
Amendment entry In force
6 Dec 2017
PDF
Ä 40032448 / 4
2 Dec 2017
Amendment entry In force
2 Dec 2017
PDF
Ä 40032448 / 3
7 Jul 2017
Amendment under Commercial Code § 525 (2) In force
7 Jul 2017
PDF
Ä 40032448 / M1
31 May 2017
Procedural ruling 30 Jun 2017 In force
31 May 2017
PDF
Ä 40032448 / 2
27 Dec 2013
Amendment entry In force
27 Dec 2013
PDF
Ä 40032448
14 Jun 2011
First entry In force
14 Jun 2011
PDF

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