MASSAR Shipping OÜ

Active Registry code 14234233 OÜ Tallinn Registered 4 Apr 2017
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MASSAR Shipping OÜ is a OÜ based in Tallinn, registry code 14234233, status: active. Main activity: Other postal and courier activities. According to EMTA, turnover for Q3 2026 was €136 467 with 2 employees.

Turnover
136 467 €
↓ 10.1% vs Q2 2026
State taxes
15 836 €
↓ 22.8% vs Q2 2026
Labour taxes
2 731 €
↓ 7.1% vs Q2 2026
Employees
2
±0 vs Q2 2026

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

Position in the industry Postal and courier activities · EMTAK 53

  • Turnover · Q3 2026 136 467 €
    industry median 7 304 € · companies in the industry: 219
  • Labour taxes per employee 1 366 €
    industry median 1 096 € · companies in the industry: 175
  • Revenue · 2025 536 346 €
    industry median 9 423 € · companies in the industry: 554
  • Net profit margin · 2025 5.8 %
    industry median 4.2 % · companies in the industry: 387

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 136 467 € · −10.1% vs Q2 2026 · industry median 7 304 € · above 90% of the industry
050100150200Q4 2023 Company: 142 599 € Industry median: 14 387 €Q4·23Q1 2024 Company: 93 589 € Industry median: 13 873 €Q2 2024 Company: 87 865 € Industry median: 13 034 €Q2·24Q3 2024 Company: 74 028 € Industry median: 11 460 €Q4 2024 Company: 105 875 € Industry median: 9 343 €Q4·24Q1 2025 Company: 104 914 € Industry median: 9 774 €Q2 2025 Company: 85 182 € Industry median: 11 365 €Q2·25Q3 2025 Company: 154 121 € Industry median: 10 003 €Q4 2025 Company: 121 970 € Industry median: 9 370 €Q4·25Q1 2026 Company: 114 122 € Industry median: 9 187 €Q2 2026 Company: 151 761 € Industry median: 8 927 €Q2·26Q3 2026 Company: 136 467 € Industry median: 7 304 €Q3·26050100150200Q4 2024 Company: 105 875 € Industry median: 9 343 €Q1 2025 Company: 104 914 € Industry median: 9 774 €Q1·25Q2 2025 Company: 85 182 € Industry median: 11 365 €Q3 2025 Company: 154 121 € Industry median: 10 003 €Q3·25Q4 2025 Company: 121 970 € Industry median: 9 370 €Q1 2026 Company: 114 122 € Industry median: 9 187 €Q1·26Q2 2026 Company: 151 761 € Industry median: 8 927 €Q3 2026 Company: 136 467 € Industry median: 7 304 €Q3·26
  • Company
  • Industry median

Industry: Postal and courier activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 366 € · −7.1% vs Q2 2026 · industry median 1 096 € · above 72% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 891 € Industry median: 840 €Q4·23Q1 2024 Company: 2 228 € Industry median: 894 €Q2 2024 Company: 1 899 € Industry median: 1 002 €Q2·24Q3 2024 Company: 1 342 € Industry median: 1 002 €Q4 2024 Company: 1 763 € Industry median: 1 002 €Q4·24Q1 2025 Company: 1 156 € Industry median: 1 021 €Q2 2025 Company: 1 450 € Industry median: 1 010 €Q2·25Q3 2025 Company: 1 696 € Industry median: 1 047 €Q4 2025 Company: 1 845 € Industry median: 1 031 €Q4·25Q1 2026 Company: 1 613 € Industry median: 1 064 €Q2 2026 Company: 1 470 € Industry median: 1 057 €Q2·26Q3 2026 Company: 1 366 € Industry median: 1 096 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 763 € Industry median: 1 002 €Q1 2025 Company: 1 156 € Industry median: 1 021 €Q1·25Q2 2025 Company: 1 450 € Industry median: 1 010 €Q3 2025 Company: 1 696 € Industry median: 1 047 €Q3·25Q4 2025 Company: 1 845 € Industry median: 1 031 €Q1 2026 Company: 1 613 € Industry median: 1 064 €Q1·26Q2 2026 Company: 1 470 € Industry median: 1 057 €Q3 2026 Company: 1 366 € Industry median: 1 096 €Q3·26
  • Company
  • Industry median

Industry: Postal and courier activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026
0123Q4 2023 Company: 3Q4·23Q1 2024 Company: 3Q2 2024 Company: 3Q2·24Q3 2024 Company: 3Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q4 2025 Company: 2Q4·25Q1 2026 Company: 2Q2 2026 Company: 2Q2·26Q3 2026 Company: 2Q3·260.00.51.01.52.0Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: 2Q1 2026 Company: 2Q1·26Q2 2026 Company: 2Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 15 836 € · −22.8% vs Q2 2026
010 00020 00030 00040 000Q4 2023 Company: 12 384 €Q4·23Q1 2024 Company: 15 563 €Q2 2024 Company: 13 419 €Q2·24Q3 2024 Company: 8 862 €Q4 2024 Company: 8 258 €Q4·24Q1 2025 Company: 13 995 €Q2 2025 Company: 9 199 €Q2·25Q3 2025 Company: 38 530 €Q4 2025 Company: 14 091 €Q4·25Q1 2026 Company: 5 459 €Q2 2026 Company: 20 511 €Q2·26Q3 2026 Company: 15 836 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 8 258 €Q1 2025 Company: 13 995 €Q1·25Q2 2025 Company: 9 199 €Q3 2025 Company: 38 530 €Q3·25Q4 2025 Company: 14 091 €Q1 2026 Company: 5 459 €Q1·26Q2 2026 Company: 20 511 €Q3 2026 Company: 15 836 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 136 467 15 836 2 731 2
Q2 2026 151 761 20 511 2 940 2
Q1 2026 114 122 5 459 3 226 2
Q4 2025 121 970 14 091 3 689 2
Q3 2025 154 121 38 530 3 391 2
Q2 2025 85 182 9 199 2 899 2
Q1 2025 104 914 13 995 2 311 2
Q4 2024 105 875 8 258 3 525 2
Q3 2024 74 028 8 862 4 027 3
Q2 2024 87 865 13 419 5 696 3
Q1 2024 93 589 15 563 6 684 3
Q4 2023 142 599 12 384 5 673 3
Q3 2023 190 307 14 137 2 639 3
Q2 2023 75 289 5 084 2 639 2
Q1 2023 63 339 3 373 2 129 2
Q4 2022 80 383 8 315 2 129 2
Q3 2022 82 533 5 966 2 305 2
Q2 2022 107 042 15 104 4 395 2
Q1 2022 63 399 4 411 2 916 3
Labour taxes per employee per month
455 €
Turnover per employee in the quarter
68 234 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2025
Revenue, € thousand 2025: 536 346 € · +40.5% vs 2024 · industry median 9 423 € · above 98% of the industry
02004006002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 144 197 € Industry median: 11 325 €20192020 Company: 271 152 € Industry median: 10 406 €20202021 Company: 438 972 € Industry median: 12 240 €20212022 Company: 408 150 € Industry median: 14 112 €20222023 Company: 559 651 € Industry median: 11 525 €20232024 Company: 381 870 € Industry median: 10 593 €20242025 Company: 536 346 € Industry median: 9 423 €202502004006002018 Company: — Industry median: —2019 Company: 144 197 € Industry median: 11 325 €20192020 Company: 271 152 € Industry median: 10 406 €2021 Company: 438 972 € Industry median: 12 240 €20212022 Company: 408 150 € Industry median: 14 112 €2023 Company: 559 651 € Industry median: 11 525 €20232024 Company: 381 870 € Industry median: 10 593 €2025 Company: 536 346 € Industry median: 9 423 €2025
  • Company
  • Industry median

Industry: Postal and courier activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 31 164 € · −66.3% vs 2024 · industry median 43 € · above 98% of the industry
020 00040 00060 00080 000100 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 25 646 € Industry median: 149 €20192020 Company: 57 695 € Industry median: 118 €20202021 Company: 74 585 € Industry median: 332 €20212022 Company: 24 158 € Industry median: 228 €20222023 Company: 64 260 € Industry median: 180 €20232024 Company: 92 601 € Industry median: 93 €20242025 Company: 31 164 € Industry median: 43 €2025020 00040 00060 00080 000100 0002018 Company: — Industry median: —2019 Company: 25 646 € Industry median: 149 €20192020 Company: 57 695 € Industry median: 118 €2021 Company: 74 585 € Industry median: 332 €20212022 Company: 24 158 € Industry median: 228 €2023 Company: 64 260 € Industry median: 180 €20232024 Company: 92 601 € Industry median: 93 €2025 Company: 31 164 € Industry median: 43 €2025
  • Company
  • Industry median

Industry: Postal and courier activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 5.8 % · −18.4 pp vs the year before · industry median 4.2 % · above 54% of the industry
05101520252017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 17.8 % Industry median: 4.7 %20192020 Company: 21.3 % Industry median: 5.9 %20202021 Company: 17.0 % Industry median: 9.0 %20212022 Company: 5.9 % Industry median: 6.7 %20222023 Company: 11.5 % Industry median: 5.9 %20232024 Company: 24.2 % Industry median: 6.4 %20242025 Company: 5.8 % Industry median: 4.2 %202505101520252018 Company: — Industry median: —2019 Company: 17.8 % Industry median: 4.7 %20192020 Company: 21.3 % Industry median: 5.9 %2021 Company: 17.0 % Industry median: 9.0 %20212022 Company: 5.9 % Industry median: 6.7 %2023 Company: 11.5 % Industry median: 5.9 %20232024 Company: 24.2 % Industry median: 6.4 %2025 Company: 5.8 % Industry median: 4.2 %2025
  • Company
  • Industry median

Industry: Postal and courier activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 415 506 € · +8.8% vs 2024
01002003004005002017 Company: —20172018 Company: —20182019 Company: 41 142 €20192020 Company: 104 750 €20202021 Company: 264 328 €20212022 Company: 280 943 €20222023 Company: 327 301 €20232024 Company: 382 038 €20242025 Company: 415 506 €202501002003004005002018 Company: —2019 Company: 41 142 €20192020 Company: 104 750 €2021 Company: 264 328 €20212022 Company: 280 943 €2023 Company: 327 301 €20232024 Company: 382 038 €2025 Company: 415 506 €2025
Equity, € thousand 2025: 326 542 € · −6.5% vs 2024
01002003004002017 Company: —20172018 Company: —20182019 Company: 35 925 €20192020 Company: 93 620 €20202021 Company: 168 205 €20212022 Company: 192 363 €20222023 Company: 256 623 €20232024 Company: 349 224 €20242025 Company: 326 542 €202501002003004002018 Company: —2019 Company: 35 925 €20192020 Company: 93 620 €2021 Company: 168 205 €20212022 Company: 192 363 €2023 Company: 256 623 €20232024 Company: 349 224 €2025 Company: 326 542 €2025
Employees 2025: 2 · −33.3% vs 2024 · industry median 1 · above 75% of the industry
01232017 Company: 2 Industry median: —20172018 Company: 2 Industry median: 220182019 Company: 2 Industry median: 120192020 Company: 2 Industry median: 120202021 Company: 3 Industry median: 120212022 Company: 2 Industry median: 120222023 Company: 3 Industry median: 120232024 Company: 3 Industry median: 120242025 Company: 2 Industry median: 1202501232018 Company: 2 Industry median: 22019 Company: 2 Industry median: 120192020 Company: 2 Industry median: 12021 Company: 3 Industry median: 120212022 Company: 2 Industry median: 12023 Company: 3 Industry median: 120232024 Company: 3 Industry median: 12025 Company: 2 Industry median: 12025
  • Company
  • Industry median

Industry: Postal and courier 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 536 346 31 164 32 395 415 506 326 542 2
2024 381 870 92 601 42 721 382 038 349 224 3
2023 559 651 64 260 40 873 327 301 256 623 3
2022 408 150 24 158 35 336 280 943 192 363 2
2021 438 972 74 585 28 907 264 328 168 205 3
2020 271 152 57 695 10 024 104 750 93 620 2
2019 144 197 25 646 9 316 41 142 35 925 2
2018 — — — — — 2
2017 — — — — — 2

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
5.8 %
Net profit / revenue
Return on equity (ROE)
9.5 %
Net profit / equity
Return on assets (ROA)
7.5 %
Net profit / assets
Equity ratio
78.6 %
Equity / assets
Debt ratio
21.4 %
Liabilities / assets
Current ratio
7.45
Current assets / current liabilities
Revenue per employee
268 173 €
Revenue / average full-time employees
Labour cost per employee per month
1 350 €
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 Feb 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 6 Apr 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 12 Mar 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 17 May 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 13 May 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Aug 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 19 Mar 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

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 53201Other postal and courier activities Main
Rulings
Number, date Title Deadline State Document
Ä 50054475 / 7
22 Sep 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
22 Sep 2025
PDF
Ä 50054475 / 6
6 Aug 2025
Amendment entry In force
6 Aug 2025
PDF
Ä 50054475 / 5
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50054475 / 4
19 Sep 2022
Amendment entry In force
19 Sep 2022
PDF
Ä 50054475 / 3
21 Jan 2018
Amendment entry In force
21 Jan 2018
PDF
Ä 50054475 / 2
13 Dec 2017
Amendment entry In force
13 Dec 2017
PDF
Ä 50054475
4 Apr 2017
First entry In force
4 Apr 2017
PDF

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