MIHEST OÜ

Active Registry code 12671024 OÜ Tartu linn Registered 5 Jun 2014

MIHEST OÜ is a OÜ based in Tartu linn, registry code 12671024, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €157 847 with 19 employees.

Turnover

157 847 €

↓ 14.6% vs Q2 2026

State taxes

44 486 €

↑ 9.1% vs Q2 2026

Labour taxes

18 370 €

↑ 42.0% vs Q2 2026

Employees

+3 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 157 847 €

above 85% of companies

industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee 967 €

above 32% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2024 1.1 mn €

above 98% of companies

industry median 37 686 € · companies in the industry: 7 373
Net profit margin · 2024 -10.8 %

above 18% of companies

industry median 2.8 % · companies in the industry: 5 757

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 157 847 € · −14.6% vs Q2 2026 · industry median 25 252 € · above 85% of the industry

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: 967 € · +19.6% vs Q2 2026 · industry median 1 211 € · above 32% of the industry

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: 19 · +18.8% vs Q2 2026

State taxes, € Q3 2026: 44 486 € · +9.1% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	157 847	44 486	18 370	19
Q2 2026	184 849	40 784	12 933	16
Q1 2026	23 577	15 981	16 401	14
Q4 2025	221 935	43 572	18 111	13
Q3 2025	241 724	54 231	21 740	18
Q2 2025	263 316	60 245	25 183	22
Q1 2025	220 356	72 524	26 251	25
Q4 2024	280 781	53 296	23 887	26
Q3 2024	121 044	56 122	27 022	20
Q2 2024	327 326	70 528	36 419	28
Q1 2024	256 062	63 481	32 165	34
Q4 2023	293 583	71 467	33 861	27
Q3 2023	183 871	57 022	32 257	26
Q2 2023	370 737	110 546	56 512	22
Q1 2023	469 253	131 043	62 196	32
Q4 2022	380 493	118 054	76 299	42
Q3 2022	520 366	131 009	62 451	42
Q2 2022	498 901	144 433	75 168	40
Q1 2022	290 248	88 288	54 613	41

Labour taxes per employee per month

322 €

Turnover per employee in the quarter

8 308 €

Q3 2026 · calculated from EMTA data

Financials by year

2015 – 2024

Revenue, € thousand 2024: 1 103 500 € · −20.5% vs 2023 · industry median 37 686 € · above 98% of the industry

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, € thousand 2024: -119 273 € · −147.5% vs 2023 · industry median 108 € · above 2% of the industry

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, % 2024: -10.8 % · −28.9 pp vs the year before · industry median 2.8 % · above 18% of the industry

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 2024: 661 111 € · −16.0% vs 2023

Equity, € thousand 2024: 585 435 € · −18.8% vs 2023

Employees 2024: 27 · −6.9% vs 2023 · industry median 2 · above 98% of the industry

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
2024	1 103 500	-119 273	335 249	661 111	585 435	27
2023	1 387 218	250 926	457 191	787 445	721 208	29
2022	1 590 148	217 674	686 999	544 755	470 282	40
2021	1 203 547	52 168	473 584	393 408	252 608	28
2020	817 826	122 090	212 676	302 493	200 440	13
2019	108 606	74 966	10 460	110 828	78 350	6
2018	—	—	—	—	—	0
2017	—	—	—	—	—	0
2016	—	—	—	—	—	0
2015	—	—	—	—	—	0
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 2024

Net profit margin

-10.8 %

Net profit / revenue

Return on equity (ROE)

-20.4 %

Net profit / equity

Return on assets (ROA)

-18.0 %

Net profit / assets

Equity ratio

88.6 %

Equity / assets

Debt ratio

11.4 %

Liabilities / assets

Current ratio

8.22

Current assets / current liabilities

Revenue per employee

40 870 €

Revenue / average full-time employees

Labour cost per employee per month

1 035 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2024	1 Jan 2024 – 31 Dec 2024	14 Apr 2026	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	21 Aug 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	22 Nov 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	13 Jun 2023	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	2 Mar 2022	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	29 Oct 2020	Company’s own	e-Äriregister

Board

Mihailo Tkatšuk
Board member · since 18 Nov 2019

Right of representation

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

Owners

Mihailo Tkatšuk
Natural person · 2 500 €

100%

Beneficial owners

Mihailo Tkatšuk
Direct ownership · since 28 Oct 2020

Founders and other persons

Anna Klebanova
Founder · 2 500 € · 5 Jun 2014

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main
78201Temporary employment agency activities

Rulings 13

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20067839 / M6 10 Jul 2024	Warning of a fine: annual report not filed	9 Aug 2024	Deficiencies eliminated 22 Aug 2024	PDF
Ä 20067839 / M5 27 Oct 2023	Warning of a fine: annual report not filed	26 Nov 2023	Deficiencies eliminated 23 Nov 2023	PDF
Ä 20067839 / 7 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 20067839 / 6 18 Nov 2019	Amendment entry		In force 18 Nov 2019	PDF
Ä 20067839 / M4 13 Nov 2019	Ruling to eliminate deficiencies	8 Dec 2019	Deficiencies eliminated 18 Nov 2019	PDF
Ä 20067839 / M3 21 Aug 2018	Ruling to eliminate deficiencies	31 Aug 2018	Deficiencies eliminated 21 Aug 2018	PDF
Ä 20067839 / 5 21 Aug 2018	Amendment entry		In force 21 Aug 2018	PDF
Ä 20067839 / 4 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 20067839 / 3 19 Dec 2017	Amendment entry		In force 19 Dec 2017	PDF
Ä 20067839 / 2 7 Dec 2017	Amendment entry		In force 7 Dec 2017	PDF
Ä 20067839 / M2 10 Feb 2016	Warning of deletion from the register: annual report not filed	13 Aug 2016	Deficiencies eliminated 17 Feb 2016	PDF
Ä 20067839 5 Jun 2014	First entry		In force 5 Jun 2014	PDF
Ä 20067839 / M1 2 Jun 2014	Ruling to eliminate deficiencies	2 Jul 2014	Deficiencies eliminated 5 Jun 2014	PDF

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