Milworks OÜ

Active Registry code 14281480 OÜ Tallinn Registered 21 Jun 2017
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Milworks OÜ is a OÜ based in Tallinn, registry code 14281480, status: active. Main activity: Repair and maintenance of motor vehicles. According to EMTA, turnover for Q3 2026 was €1 103 889 with 20 employees.

Turnover
1 103 889 €
↑ 50.8% vs Q2 2026
State taxes
148 659 €
↑ 13.3% vs Q2 2026
Labour taxes
90 547 €
↑ 13.4% vs Q2 2026
Employees
20
+2 vs Q2 2026

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

Position in the industry Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles · EMTAK 95

  • Turnover · Q3 2026 1.1 mn €
    industry median 16 222 € · companies in the industry: 2 418
  • Labour taxes per employee 4 527 €
    industry median 1 157 € · companies in the industry: 1 989
  • Revenue · 2025 1.9 mn €
    industry median 31 021 € · companies in the industry: 3 445
  • Net profit margin · 2025 0.7 %
    industry median 1.2 % · companies in the industry: 3 095

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 103 889 € · +50.8% vs Q2 2026 · industry median 16 222 € · above 98% of the industry
05001 0001 5002 000Q4 2023 Company: 1 993 189 € Industry median: 18 662 €Q4·23Q1 2024 Company: 1 117 014 € Industry median: 15 408 €Q2 2024 Company: 907 441 € Industry median: 18 111 €Q2·24Q3 2024 Company: 516 504 € Industry median: 16 730 €Q4 2024 Company: 597 156 € Industry median: 17 805 €Q4·24Q1 2025 Company: 561 744 € Industry median: 15 146 €Q2 2025 Company: 602 108 € Industry median: 17 157 €Q2·25Q3 2025 Company: 298 993 € Industry median: 15 724 €Q4 2025 Company: 497 126 € Industry median: 17 609 €Q4·25Q1 2026 Company: 371 887 € Industry median: 14 571 €Q2 2026 Company: 732 190 € Industry median: 17 461 €Q2·26Q3 2026 Company: 1 103 889 € Industry median: 16 222 €Q3·2602505007501 0001 250Q4 2024 Company: 597 156 € Industry median: 17 805 €Q1 2025 Company: 561 744 € Industry median: 15 146 €Q1·25Q2 2025 Company: 602 108 € Industry median: 17 157 €Q3 2025 Company: 298 993 € Industry median: 15 724 €Q3·25Q4 2025 Company: 497 126 € Industry median: 17 609 €Q1 2026 Company: 371 887 € Industry median: 14 571 €Q1·26Q2 2026 Company: 732 190 € Industry median: 17 461 €Q3 2026 Company: 1 103 889 € Industry median: 16 222 €Q3·26
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 527 € · +2.1% vs Q2 2026 · industry median 1 157 € · above 98% of the industry
02 0004 0006 000Q4 2023 Company: 4 259 € Industry median: 883 €Q4·23Q1 2024 Company: 4 179 € Industry median: 915 €Q2 2024 Company: 5 444 € Industry median: 1 002 €Q2·24Q3 2024 Company: 4 398 € Industry median: 1 002 €Q4 2024 Company: 4 438 € Industry median: 1 002 €Q4·24Q1 2025 Company: 4 194 € Industry median: 1 047 €Q2 2025 Company: 5 319 € Industry median: 1 106 €Q2·25Q3 2025 Company: 4 507 € Industry median: 1 126 €Q4 2025 Company: 3 904 € Industry median: 1 109 €Q4·25Q1 2026 Company: 4 065 € Industry median: 1 088 €Q2 2026 Company: 4 436 € Industry median: 1 110 €Q2·26Q3 2026 Company: 4 527 € Industry median: 1 157 €Q3·2602 0004 0006 000Q4 2024 Company: 4 438 € Industry median: 1 002 €Q1 2025 Company: 4 194 € Industry median: 1 047 €Q1·25Q2 2025 Company: 5 319 € Industry median: 1 106 €Q3 2025 Company: 4 507 € Industry median: 1 126 €Q3·25Q4 2025 Company: 3 904 € Industry median: 1 109 €Q1 2026 Company: 4 065 € Industry median: 1 088 €Q1·26Q2 2026 Company: 4 436 € Industry median: 1 110 €Q3 2026 Company: 4 527 € Industry median: 1 157 €Q3·26
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 20 · +11.1% vs Q2 2026
05101520Q4 2023 Company: 18Q4·23Q1 2024 Company: 18Q2 2024 Company: 17Q2·24Q3 2024 Company: 17Q4 2024 Company: 16Q4·24Q1 2025 Company: 16Q2 2025 Company: 16Q2·25Q3 2025 Company: 16Q4 2025 Company: 18Q4·25Q1 2026 Company: 17Q2 2026 Company: 18Q2·26Q3 2026 Company: 20Q3·2605101520Q4 2024 Company: 16Q1 2025 Company: 16Q1·25Q2 2025 Company: 16Q3 2025 Company: 16Q3·25Q4 2025 Company: 18Q1 2026 Company: 17Q1·26Q2 2026 Company: 18Q3 2026 Company: 20Q3·26
State taxes, € thousand Q3 2026: 148 659 € · +13.3% vs Q2 2026
050100150Q4 2023 Company: 86 966 €Q4·23Q1 2024 Company: 82 336 €Q2 2024 Company: 127 674 €Q2·24Q3 2024 Company: 71 306 €Q4 2024 Company: 88 417 €Q4·24Q1 2025 Company: 75 001 €Q2 2025 Company: 118 267 €Q2·25Q3 2025 Company: 81 482 €Q4 2025 Company: 127 041 €Q4·25Q1 2026 Company: 99 057 €Q2 2026 Company: 131 205 €Q2·26Q3 2026 Company: 148 659 €Q3·26050100150Q4 2024 Company: 88 417 €Q1 2025 Company: 75 001 €Q1·25Q2 2025 Company: 118 267 €Q3 2025 Company: 81 482 €Q3·25Q4 2025 Company: 127 041 €Q1 2026 Company: 99 057 €Q1·26Q2 2026 Company: 131 205 €Q3 2026 Company: 148 659 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 103 889 148 659 90 547 20
Q2 2026 732 190 131 205 79 844 18
Q1 2026 371 887 99 057 69 097 17
Q4 2025 497 126 127 041 70 269 18
Q3 2025 298 993 81 482 72 111 16
Q2 2025 602 108 118 267 85 107 16
Q1 2025 561 744 75 001 67 107 16
Q4 2024 597 156 88 417 71 012 16
Q3 2024 516 504 71 306 74 761 17
Q2 2024 907 441 127 674 92 549 17
Q1 2024 1 117 014 82 336 75 229 18
Q4 2023 1 993 189 86 966 76 661 18
Q3 2023 1 230 884 85 560 84 505 18
Q2 2023 1 174 485 117 679 102 289 20
Q1 2023 1 458 398 118 050 97 445 21
Q4 2022 1 078 596 174 521 103 993 22
Q3 2022 927 818 185 002 111 126 26
Q2 2022 1 312 982 302 728 164 664 28
Q1 2022 2 401 142 310 642 119 816 31
Labour taxes per employee per month
1 509 €
Turnover per employee in the quarter
55 194 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2025
Revenue, € thousand 2025: 1 888 204 € · −21.5% vs 2024 · industry median 31 021 € · above 98% of the industry
02 0004 0006 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4 802 697 € Industry median: 31 418 €20192020 Company: 4 458 264 € Industry median: 28 226 €20202021 Company: 5 881 926 € Industry median: 30 889 €20212022 Company: 4 521 419 € Industry median: 33 187 €20222023 Company: 4 912 739 € Industry median: 32 644 €20232024 Company: 2 405 029 € Industry median: 32 944 €20242025 Company: 1 888 204 € Industry median: 31 021 €202502 0004 0006 0002018 Company: — Industry median: —2019 Company: 4 802 697 € Industry median: 31 418 €20192020 Company: 4 458 264 € Industry median: 28 226 €2021 Company: 5 881 926 € Industry median: 30 889 €20212022 Company: 4 521 419 € Industry median: 33 187 €2023 Company: 4 912 739 € Industry median: 32 644 €20232024 Company: 2 405 029 € Industry median: 32 944 €2025 Company: 1 888 204 € Industry median: 31 021 €2025
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 12 314 € · −95.3% vs 2024 · industry median 188 € · above 89% of the industry
-20002004006008001 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -6 344 € Industry median: 400 €20192020 Company: 473 022 € Industry median: 237 €20202021 Company: 841 129 € Industry median: 334 €20212022 Company: 438 502 € Industry median: 411 €20222023 Company: 451 616 € Industry median: 453 €20232024 Company: 261 036 € Industry median: 285 €20242025 Company: 12 314 € Industry median: 188 €2025-20002004006008001 0002018 Company: — Industry median: —2019 Company: -6 344 € Industry median: 400 €20192020 Company: 473 022 € Industry median: 237 €2021 Company: 841 129 € Industry median: 334 €20212022 Company: 438 502 € Industry median: 411 €2023 Company: 451 616 € Industry median: 453 €20232024 Company: 261 036 € Industry median: 285 €2025 Company: 12 314 € Industry median: 188 €2025
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.7 % · −10.2 pp vs the year before · industry median 1.2 % · above 46% of the industry
-50510152017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -0.1 % Industry median: 1.9 %20192020 Company: 10.6 % Industry median: 1.5 %20202021 Company: 14.3 % Industry median: 2.0 %20212022 Company: 9.7 % Industry median: 1.8 %20222023 Company: 9.2 % Industry median: 2.1 %20232024 Company: 10.9 % Industry median: 1.4 %20242025 Company: 0.7 % Industry median: 1.2 %2025-50510152018 Company: — Industry median: —2019 Company: -0.1 % Industry median: 1.9 %20192020 Company: 10.6 % Industry median: 1.5 %2021 Company: 14.3 % Industry median: 2.0 %20212022 Company: 9.7 % Industry median: 1.8 %2023 Company: 9.2 % Industry median: 2.1 %20232024 Company: 10.9 % Industry median: 1.4 %2025 Company: 0.7 % Industry median: 1.2 %2025
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 3 862 058 € · −5.9% vs 2024
01 0002 0003 0004 0005 0002017 Company: —20172018 Company: —20182019 Company: 2 947 150 €20192020 Company: 3 433 187 €20202021 Company: 4 183 389 €20212022 Company: 3 977 183 €20222023 Company: 4 278 290 €20232024 Company: 4 102 068 €20242025 Company: 3 862 058 €202501 0002 0003 0004 0005 0002018 Company: —2019 Company: 2 947 150 €20192020 Company: 3 433 187 €2021 Company: 4 183 389 €20212022 Company: 3 977 183 €2023 Company: 4 278 290 €20232024 Company: 4 102 068 €2025 Company: 3 862 058 €2025
Equity, € thousand 2025: 3 661 138 € · +0.5% vs 2024
01 0002 0003 0004 0002017 Company: —20172018 Company: —20182019 Company: 1 183 654 €20192020 Company: 1 651 624 €20202021 Company: 2 492 753 €20212022 Company: 2 931 255 €20222023 Company: 3 382 871 €20232024 Company: 3 643 907 €20242025 Company: 3 661 138 €202501 0002 0003 0004 0002018 Company: —2019 Company: 1 183 654 €20192020 Company: 1 651 624 €2021 Company: 2 492 753 €20212022 Company: 2 931 255 €2023 Company: 3 382 871 €20232024 Company: 3 643 907 €2025 Company: 3 661 138 €2025
Employees 2025: 17 · −5.6% vs 2024 · industry median 1 · above 98% of the industry
0102030402017 Company: 26 Industry median: —20172018 Company: 32 Industry median: 220182019 Company: 38 Industry median: 220192020 Company: 35 Industry median: 220202021 Company: 34 Industry median: 220212022 Company: 30 Industry median: 220222023 Company: 18 Industry median: 120232024 Company: 18 Industry median: 120242025 Company: 17 Industry median: 120250102030402018 Company: 32 Industry median: 22019 Company: 38 Industry median: 220192020 Company: 35 Industry median: 22021 Company: 34 Industry median: 220212022 Company: 30 Industry median: 22023 Company: 18 Industry median: 120232024 Company: 18 Industry median: 12025 Company: 17 Industry median: 12025
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (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 1 888 204 12 314 663 736 3 862 058 3 661 138 17
2024 2 405 029 261 036 727 888 4 102 068 3 643 907 18
2023 4 912 739 451 616 883 726 4 278 290 3 382 871 18
2022 4 521 419 438 502 1 169 705 3 977 183 2 931 255 30
2021 5 881 926 841 129 1 331 802 4 183 389 2 492 753 34
2020 4 458 264 473 022 1 393 815 3 433 187 1 651 624 35
2019 4 802 697 -6 344 1 373 369 2 947 150 1 183 654 38
2018 — — — — — 32
2017 — — — — — 26

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
0.7 %
Net profit / revenue
Return on equity (ROE)
0.3 %
Net profit / equity
Return on assets (ROA)
0.3 %
Net profit / assets
Equity ratio
94.8 %
Equity / assets
Debt ratio
5.2 %
Liabilities / assets
Current ratio
16.20
Current assets / current liabilities
Revenue per employee
111 071 €
Revenue / average full-time employees
Labour cost per employee per month
3 254 €
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 30 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 28 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 10 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 15 Jun 2020 Company’s own · audited e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

  • Hugo Osula
    Indirect ownership · since 7 Dec 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 95311Repair and maintenance of motor vehicles Main
  • 96999Other personal service activities n.e.c.
Rulings
Number, date Title Deadline State Document
Ä 50059710 / 24
1 Sep 2026
Amendment entry In force
1 Sep 2026
PDF
Ä 50059710 / 23
26 Sep 2025
Amendment entry In force
26 Sep 2025
PDF
Ä 50059710 / M7
19 Sep 2025
Ruling to eliminate deficiencies 4 Oct 2025 Deficiencies eliminated
26 Sep 2025
PDF
Ä 50059710 / 22
11 Sep 2025
Amendment entry In force
11 Sep 2025
PDF
Ä 50059710 / 21
11 Sep 2025
Amendment entry In force
11 Sep 2025
PDF
Ä 50059710 / M6
21 May 2025
Ruling to eliminate deficiencies 21 Jun 2025 Deficiencies eliminated
22 May 2025
PDF
Ä 50059710 / 20
23 Aug 2024
Amendment entry In force
23 Aug 2024
PDF
Ä 50059710 / M5
8 Aug 2024
Ruling to correct data outside an entry 22 Aug 2024 Deficiencies eliminated
23 Aug 2024
PDF
Ä 50059710 / 19
5 Nov 2021
Amendment entry In force
5 Nov 2021
PDF
Ä 50059710 / M4
3 Aug 2021
Refund of the state fee In force
3 Aug 2021
PDF
Ä 50059710 / 18
10 Jun 2021
Amendment entry In force
10 Jun 2021
PDF
Ä 50059710 / 17
29 Apr 2021
Amendment entry In force
29 Apr 2021
PDF
Ä 50059710 / 16
6 Oct 2020
Amendment entry In force
6 Oct 2020
PDF
Ä 50059710 / 15
8 Apr 2020
Amendment entry In force
8 Apr 2020
PDF
Ä 50059710 / 14
8 Aug 2018
Amendment entry In force
8 Aug 2018
PDF
Ä 50059710 / 13
3 Aug 2018
Amendment entry In force
3 Aug 2018
PDF
Ä 50059710 / M3
2 Aug 2018
Ruling to eliminate deficiencies 17 Aug 2018 Deficiencies eliminated
3 Aug 2018
PDF
Ä 50059710 / 12
7 Jun 2018
Amendment entry In force
7 Jun 2018
PDF
Ä 50059710 / 11
20 Jan 2018
Amendment entry In force
20 Jan 2018
PDF
Ä 50059710 / 10
9 Jan 2018
Amendment entry In force
9 Jan 2018
PDF
Ä 50059710 / 9
14 Dec 2017
Amendment entry In force
14 Dec 2017
PDF
Ä 50059710 / 8
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 50059710 / M2
6 Nov 2017
Ruling to eliminate deficiencies 6 Dec 2017 Deficiencies eliminated
7 Nov 2017
PDF
Ä 50059710 / 7
25 Oct 2017
Amendment entry In force
25 Oct 2017
PDF
Ä 50059710 / 6
4 Oct 2017
Amendment entry In force
4 Oct 2017
PDF
Ä 50059710 / 5
18 Sep 2017
Third (informative) division entry In force
18 Sep 2017
PDF
Ä 50059710 / 4
18 Sep 2017
First (declaratory) division entry In force
18 Sep 2017
PDF
Ä 50059710 / M1
11 Sep 2017
Ruling to eliminate deficiencies 1 Oct 2017 Deficiencies eliminated
18 Sep 2017
PDF
Ä 50059710 / 3
1 Aug 2017
Third (informative) division entry In force
1 Aug 2017
PDF
Ä 50059710 / 2
1 Aug 2017
First (declaratory) division entry In force
1 Aug 2017
PDF
Ä 50059710
21 Jun 2017
First entry In force
21 Jun 2017
PDF

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