Muhu Leib OÜ

Active Registry code 12667873 OÜ Tallinn Registered 29 May 2014
Compare

Muhu Leib OÜ is a OÜ based in Tallinn, registry code 12667873, status: active. Main activity: Manufacture of bread and white bread; manufacture of fresh pastry goods and cakes. According to EMTA, turnover for Q3 2026 was €337 452 with 26 employees.

Turnover
337 452 €
↑ 9.8% vs Q2 2026
State taxes
93 244 €
↑ 35.9% vs Q2 2026
Labour taxes
64 081 €
↑ 47.8% vs Q2 2026
Employees
26
−2 vs Q2 2026

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

Position in the industry Manufacture of food products · EMTAK 10

  • Turnover · Q3 2026 337 452 €
    industry median 45 078 € · companies in the industry: 614
  • Labour taxes per employee 2 465 €
    industry median 1 325 € · companies in the industry: 551
  • Revenue · 2025 1.4 mn €
    industry median 18 772 € · companies in the industry: 1 075
  • Net profit margin · 2025 -1.2 %
    industry median 2.1 % · companies in the industry: 817

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 337 452 € · +9.8% vs Q2 2026 · industry median 45 078 € · above 76% of the industry
0100200300400500Q4 2023 Company: 359 540 € Industry median: 54 156 €Q4·23Q1 2024 Company: 387 967 € Industry median: 49 728 €Q2 2024 Company: 375 048 € Industry median: 55 467 €Q2·24Q3 2024 Company: 380 498 € Industry median: 52 453 €Q4 2024 Company: 368 433 € Industry median: 55 699 €Q4·24Q1 2025 Company: 407 500 € Industry median: 45 267 €Q2 2025 Company: 354 355 € Industry median: 45 781 €Q2·25Q3 2025 Company: 358 739 € Industry median: 42 511 €Q4 2025 Company: 334 594 € Industry median: 43 779 €Q4·25Q1 2026 Company: 348 714 € Industry median: 42 208 €Q2 2026 Company: 307 417 € Industry median: 43 291 €Q2·26Q3 2026 Company: 337 452 € Industry median: 45 078 €Q3·260100200300400500Q4 2024 Company: 368 433 € Industry median: 55 699 €Q1 2025 Company: 407 500 € Industry median: 45 267 €Q1·25Q2 2025 Company: 354 355 € Industry median: 45 781 €Q3 2025 Company: 358 739 € Industry median: 42 511 €Q3·25Q4 2025 Company: 334 594 € Industry median: 43 779 €Q1 2026 Company: 348 714 € Industry median: 42 208 €Q1·26Q2 2026 Company: 307 417 € Industry median: 43 291 €Q3 2026 Company: 337 452 € Industry median: 45 078 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 465 € · +59.2% vs Q2 2026 · industry median 1 325 € · above 79% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 2 053 € Industry median: 1 130 €Q4·23Q1 2024 Company: 2 459 € Industry median: 1 255 €Q2 2024 Company: 2 084 € Industry median: 1 151 €Q2·24Q3 2024 Company: 2 240 € Industry median: 1 235 €Q4 2024 Company: 2 415 € Industry median: 1 242 €Q4·24Q1 2025 Company: 2 272 € Industry median: 1 334 €Q2 2025 Company: 2 446 € Industry median: 1 237 €Q2·25Q3 2025 Company: 2 375 € Industry median: 1 349 €Q4 2025 Company: 2 254 € Industry median: 1 355 €Q4·25Q1 2026 Company: 2 324 € Industry median: 1 278 €Q2 2026 Company: 1 548 € Industry median: 1 307 €Q2·26Q3 2026 Company: 2 465 € Industry median: 1 325 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 2 415 € Industry median: 1 242 €Q1 2025 Company: 2 272 € Industry median: 1 334 €Q1·25Q2 2025 Company: 2 446 € Industry median: 1 237 €Q3 2025 Company: 2 375 € Industry median: 1 349 €Q3·25Q4 2025 Company: 2 254 € Industry median: 1 355 €Q1 2026 Company: 2 324 € Industry median: 1 278 €Q1·26Q2 2026 Company: 1 548 € Industry median: 1 307 €Q3 2026 Company: 2 465 € Industry median: 1 325 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 26 · −7.1% vs Q2 2026
010203040Q4 2023 Company: 31Q4·23Q1 2024 Company: 31Q2 2024 Company: 33Q2·24Q3 2024 Company: 31Q4 2024 Company: 32Q4·24Q1 2025 Company: 31Q2 2025 Company: 31Q2·25Q3 2025 Company: 30Q4 2025 Company: 30Q4·25Q1 2026 Company: 27Q2 2026 Company: 28Q2·26Q3 2026 Company: 26Q3·26010203040Q4 2024 Company: 32Q1 2025 Company: 31Q1·25Q2 2025 Company: 31Q3 2025 Company: 30Q3·25Q4 2025 Company: 30Q1 2026 Company: 27Q1·26Q2 2026 Company: 28Q3 2026 Company: 26Q3·26
State taxes, € thousand Q3 2026: 93 244 € · +35.9% vs Q2 2026
0255075100125Q4 2023 Company: 107 414 €Q4·23Q1 2024 Company: 118 464 €Q2 2024 Company: 111 865 €Q2·24Q3 2024 Company: 114 767 €Q4 2024 Company: 120 301 €Q4·24Q1 2025 Company: 118 530 €Q2 2025 Company: 99 075 €Q2·25Q3 2025 Company: 111 124 €Q4 2025 Company: 108 306 €Q4·25Q1 2026 Company: 99 173 €Q2 2026 Company: 68 627 €Q2·26Q3 2026 Company: 93 244 €Q3·260255075100125Q4 2024 Company: 120 301 €Q1 2025 Company: 118 530 €Q1·25Q2 2025 Company: 99 075 €Q3 2025 Company: 111 124 €Q3·25Q4 2025 Company: 108 306 €Q1 2026 Company: 99 173 €Q1·26Q2 2026 Company: 68 627 €Q3 2026 Company: 93 244 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 337 452 93 244 64 081 26
Q2 2026 307 417 68 627 43 352 28
Q1 2026 348 714 99 173 62 742 27
Q4 2025 334 594 108 306 67 628 30
Q3 2025 358 739 111 124 71 237 30
Q2 2025 354 355 99 075 75 825 31
Q1 2025 407 500 118 530 70 444 31
Q4 2024 368 433 120 301 77 278 32
Q3 2024 380 498 114 767 69 451 31
Q2 2024 375 048 111 865 68 788 33
Q1 2024 387 967 118 464 76 243 31
Q4 2023 359 540 107 414 63 642 31
Q3 2023 361 985 115 276 75 083 30
Q2 2023 357 541 117 158 67 055 32
Q1 2023 365 988 77 611 50 884 31
Q4 2022 337 300 91 304 70 917 31
Q3 2022 324 892 73 325 44 734 28
Q2 2022 302 835 83 775 62 910 29
Q1 2022 310 483 79 624 48 320 25
Labour taxes per employee per month
822 €
Turnover per employee in the quarter
12 979 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 1 396 821 € · −5.4% vs 2024 · industry median 18 772 € · above 87% of the industry
05001 0001 5002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 531 542 € Industry median: 30 835 €20192020 Company: 1 320 582 € Industry median: 25 856 €20202021 Company: 1 252 154 € Industry median: 27 831 €20212022 Company: 1 288 940 € Industry median: 27 183 €20222023 Company: 1 442 189 € Industry median: 25 465 €20232024 Company: 1 476 775 € Industry median: 20 780 €20242025 Company: 1 396 821 € Industry median: 18 772 €202505001 0001 5002 0002018 Company: — Industry median: —2019 Company: 1 531 542 € Industry median: 30 835 €20192020 Company: 1 320 582 € Industry median: 25 856 €2021 Company: 1 252 154 € Industry median: 27 831 €20212022 Company: 1 288 940 € Industry median: 27 183 €2023 Company: 1 442 189 € Industry median: 25 465 €20232024 Company: 1 476 775 € Industry median: 20 780 €2025 Company: 1 396 821 € Industry median: 18 772 €2025
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -16 455 € · −222.6% vs 2024 · industry median 37 € · above 9% of the industry
-75 000-50 000-25 000025 00050 00075 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -54 292 € Industry median: 589 €20192020 Company: 9 327 € Industry median: 313 €20202021 Company: -42 725 € Industry median: 539 €20212022 Company: 13 928 € Industry median: 195 €20222023 Company: 58 094 € Industry median: 144 €20232024 Company: 13 420 € Industry median: 84 €20242025 Company: -16 455 € Industry median: 37 €2025-75 000-50 000-25 000025 00050 00075 0002018 Company: — Industry median: —2019 Company: -54 292 € Industry median: 589 €20192020 Company: 9 327 € Industry median: 313 €2021 Company: -42 725 € Industry median: 539 €20212022 Company: 13 928 € Industry median: 195 €2023 Company: 58 094 € Industry median: 144 €20232024 Company: 13 420 € Industry median: 84 €2025 Company: -16 455 € Industry median: 37 €2025
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -1.2 % · −2.1 pp vs the year before · industry median 2.1 % · above 31% of the industry
-4-202462016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -3.5 % Industry median: 3.6 %20192020 Company: 0.7 % Industry median: 3.3 %20202021 Company: -3.4 % Industry median: 3.8 %20212022 Company: 1.1 % Industry median: 2.8 %20222023 Company: 4.0 % Industry median: 2.8 %20232024 Company: 0.9 % Industry median: 2.3 %20242025 Company: -1.2 % Industry median: 2.1 %2025-4-202462018 Company: — Industry median: —2019 Company: -3.5 % Industry median: 3.6 %20192020 Company: 0.7 % Industry median: 3.3 %2021 Company: -3.4 % Industry median: 3.8 %20212022 Company: 1.1 % Industry median: 2.8 %2023 Company: 4.0 % Industry median: 2.8 %20232024 Company: 0.9 % Industry median: 2.3 %2025 Company: -1.2 % Industry median: 2.1 %2025
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 241 483 € · −9.7% vs 2024
01002003004002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 393 936 €20192020 Company: 321 859 €20202021 Company: 275 396 €20212022 Company: 290 952 €20222023 Company: 290 169 €20232024 Company: 267 466 €20242025 Company: 241 483 €202501002003004002018 Company: —2019 Company: 393 936 €20192020 Company: 321 859 €2021 Company: 275 396 €20212022 Company: 290 952 €2023 Company: 290 169 €20232024 Company: 267 466 €2025 Company: 241 483 €2025
Equity, € thousand 2025: -114 080 € · −16.9% vs 2024
-200-150-100-5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: -149 669 €20192020 Company: -140 342 €20202021 Company: -183 067 €20212022 Company: -169 139 €20222023 Company: -111 045 €20232024 Company: -97 625 €20242025 Company: -114 080 €2025-200-150-100-5002018 Company: —2019 Company: -149 669 €20192020 Company: -140 342 €2021 Company: -183 067 €20212022 Company: -169 139 €2023 Company: -111 045 €20232024 Company: -97 625 €2025 Company: -114 080 €2025
Employees 2025: 24 · −7.7% vs 2024 · industry median 3 · above 84% of the industry
0102030402016 Company: 18 Industry median: —20162017 Company: 30 Industry median: —20172018 Company: 39 Industry median: 420182019 Company: 33 Industry median: 420192020 Company: 29 Industry median: 420202021 Company: 26 Industry median: 320212022 Company: 29 Industry median: 320222023 Company: 25 Industry median: 320232024 Company: 26 Industry median: 320242025 Company: 24 Industry median: 320250102030402018 Company: 39 Industry median: 42019 Company: 33 Industry median: 420192020 Company: 29 Industry median: 42021 Company: 26 Industry median: 320212022 Company: 29 Industry median: 32023 Company: 25 Industry median: 320232024 Company: 26 Industry median: 32025 Company: 24 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of food products (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 1 396 821 -16 455 670 056 241 483 -114 080 24
2024 1 476 775 13 420 655 872 267 466 -97 625 26
2023 1 442 189 58 094 621 105 290 169 -111 045 25
2022 1 288 940 13 928 607 450 290 952 -169 139 29
2021 1 252 154 -42 725 545 855 275 396 -183 067 26
2020 1 320 582 9 327 568 469 321 859 -140 342 29
2019 1 531 542 -54 292 692 118 393 936 -149 669 33
2018 — — — — — 39
2017 — — — — — 30
2016 — — — — — 18
2015 — — — — — 5
2014 — — — — — 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
-1.2 %
Net profit / revenue
Return on assets (ROA)
-6.8 %
Net profit / assets
Equity ratio
-47.2 %
Equity / assets
Debt ratio
147.2 %
Liabilities / assets
Current ratio
1.00
Current assets / current liabilities
Revenue per employee
58 201 €
Revenue / average full-time employees
Labour cost per employee per month
2 327 €
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 29 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 25 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 29 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 5 Jul 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 7 Jul 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 16 Nov 2020 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 39 000 € Swedbank AS 12 Dec 2017 – in force

Board

  • Martin Sepping
    Board member · since 29 May 2014
  • Nasdaq CSD SE
    Keeper of the share register · since 28 Sep 2017

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)

  • 10711Manufacture of bread and white bread; manufacture of fresh pastry goods and cakes Main
Rulings
Number, date Title Deadline State Document
Ä 10196497 / 10
29 Jun 2018
Amendment under Commercial Code § 525 (2) In force
29 Jun 2018
PDF
Ä 10196497 / 9
20 Jan 2018
Amendment entry In force
20 Jan 2018
PDF
K 10196497 / 8
12 Dec 2017
Commercial pledge entered In force
12 Dec 2017
PDF
Ä 10196497 / 7
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10196497 / 6
13 Feb 2017
Amendment entry In force
13 Feb 2017
PDF
Ä 10196497 / M2
10 Feb 2017
Ruling to eliminate deficiencies 20 Feb 2017 Deficiencies eliminated
13 Feb 2017
PDF
Ä 10196497 / 5
25 Jan 2017
Amendment entry In force
25 Jan 2017
PDF
Ä 10196497 / 4
19 Jan 2017
Amendment entry In force
19 Jan 2017
PDF
Ä 10196497 / 3
1 Dec 2016
Amendment entry In force
1 Dec 2016
PDF
Ä 10196497 / M1
16 Jan 2015
Ruling to eliminate deficiencies 5 Feb 2015 Deficiencies eliminated
16 Jan 2015
PDF
Ä 10196497 / 2
16 Jan 2015
Amendment entry In force
16 Jan 2015
PDF
Ä 10196497
29 May 2014
First entry In force
29 May 2014
PDF

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