MZGA Kinnisvara Areng OÜ

Active Registry code 14294809 OÜ Tallinn Registered 13 Jul 2017
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MZGA Kinnisvara Areng OÜ is a OÜ based in Tallinn, registry code 14294809, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €34 520 with employees.

Turnover
34 520 €
↑ 102.8% vs Q2 2026
State taxes
7 825 €
↑ 117.7% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 34 520 €
    industry median 15 030 € · companies in the industry: 7 443
  • Revenue · 2025 68 914 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 20.0 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 34 520 € · +102.8% vs Q2 2026 · industry median 15 030 € · above 67% of the industry
0100200300400Q4 2023 Company: 3 723 € Industry median: 14 897 €Q4·23Q1 2024 Company: 13 158 € Industry median: 15 027 €Q2 2024 Company: 312 307 € Industry median: 14 064 €Q2·24Q3 2024 Company: 16 922 € Industry median: 14 462 €Q4 2024 Company: 16 914 € Industry median: 14 610 €Q4·24Q1 2025 Company: 17 961 € Industry median: 14 672 €Q2 2025 Company: 17 048 € Industry median: 14 301 €Q2·25Q3 2025 Company: 16 673 € Industry median: 14 273 €Q4 2025 Company: 17 118 € Industry median: 14 464 €Q4·25Q1 2026 Company: 17 447 € Industry median: 14 759 €Q2 2026 Company: 17 024 € Industry median: 14 595 €Q2·26Q3 2026 Company: 34 520 € Industry median: 15 030 €Q3·26010203040Q4 2024 Company: 16 914 € Industry median: 14 610 €Q1 2025 Company: 17 961 € Industry median: 14 672 €Q1·25Q2 2025 Company: 17 048 € Industry median: 14 301 €Q3 2025 Company: 16 673 € Industry median: 14 273 €Q3·25Q4 2025 Company: 17 118 € Industry median: 14 464 €Q1 2026 Company: 17 447 € Industry median: 14 759 €Q1·26Q2 2026 Company: 17 024 € Industry median: 14 595 €Q3 2026 Company: 34 520 € Industry median: 15 030 €Q3·26
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 7 825 € · +117.7% vs Q2 2026
020 00040 00060 00080 000Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 61 746 €Q2·24Q3 2024 Company: 2 659 €Q4 2024 Company: 3 406 €Q4·24Q1 2025 Company: 3 428 €Q2 2025 Company: 3 294 €Q2·25Q3 2025 Company: 3 494 €Q4 2025 Company: 3 712 €Q4·25Q1 2026 Company: 3 723 €Q2 2026 Company: 3 594 €Q2·26Q3 2026 Company: 7 825 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 3 406 €Q1 2025 Company: 3 428 €Q1·25Q2 2025 Company: 3 294 €Q3 2025 Company: 3 494 €Q3·25Q4 2025 Company: 3 712 €Q1 2026 Company: 3 723 €Q1·26Q2 2026 Company: 3 594 €Q3 2026 Company: 7 825 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 34 520 7 825 — —
Q2 2026 17 024 3 594 — —
Q1 2026 17 447 3 723 — —
Q4 2025 17 118 3 712 — —
Q3 2025 16 673 3 494 — —
Q2 2025 17 048 3 294 — —
Q1 2025 17 961 3 428 — —
Q4 2024 16 914 3 406 — —
Q3 2024 16 922 2 659 — —
Q2 2024 312 307 61 746 — —
Q1 2024 13 158 — — —
Q4 2023 3 723 — — —
Q3 2023 1 319 — — —
Q2 2023 545 750 37 — —
Q1 2023 1 253 202 — —
Q4 2022 1 050 — — —
Q3 2022 808 — — —
Q2 2022 750 64 — —
Q1 2022 1 693 206 — —

Financials by year

2017 – 2025
Revenue, € 2025: 68 914 € · +30.1% vs 2024 · industry median 13 620 € · above 84% of the industry
020 00040 00060 00080 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 38 981 € Industry median: 10 800 €20192020 Company: 30 502 € Industry median: 10 586 €20202021 Company: 12 172 € Industry median: 11 162 €20212022 Company: 3 458 € Industry median: 11 789 €20222023 Company: 5 718 € Industry median: 12 224 €20232024 Company: 52 965 € Industry median: 12 853 €20242025 Company: 68 914 € Industry median: 13 620 €2025020 00040 00060 00080 0002018 Company: — Industry median: —2019 Company: 38 981 € Industry median: 10 800 €20192020 Company: 30 502 € Industry median: 10 586 €2021 Company: 12 172 € Industry median: 11 162 €20212022 Company: 3 458 € Industry median: 11 789 €2023 Company: 5 718 € Industry median: 12 224 €20232024 Company: 52 965 € Industry median: 12 853 €2025 Company: 68 914 € Industry median: 13 620 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 13 766 € · −19.9% vs 2024 · industry median 283 € · above 82% of the industry
-40 000-20 000020 00040 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 32 295 € Industry median: 205 €20192020 Company: -1 692 € Industry median: 175 €20202021 Company: -5 429 € Industry median: 251 €20212022 Company: -11 360 € Industry median: 161 €20222023 Company: -38 553 € Industry median: 154 €20232024 Company: 17 194 € Industry median: 256 €20242025 Company: 13 766 € Industry median: 283 €2025-40 000-20 000020 00040 0002018 Company: — Industry median: —2019 Company: 32 295 € Industry median: 205 €20192020 Company: -1 692 € Industry median: 175 €2021 Company: -5 429 € Industry median: 251 €20212022 Company: -11 360 € Industry median: 161 €2023 Company: -38 553 € Industry median: 154 €20232024 Company: 17 194 € Industry median: 256 €2025 Company: 13 766 € Industry median: 283 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 20.0 % · −12.5 pp vs the year before · industry median 5.9 % · above 64% of the industry
-800-600-400-20002002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 82.8 % Industry median: 5.7 %20192020 Company: -5.5 % Industry median: 5.6 %20202021 Company: -44.6 % Industry median: 7.4 %20212022 Company: -328.5 % Industry median: 5.9 %20222023 Company: -674.2 % Industry median: 5.2 %20232024 Company: 32.5 % Industry median: 5.9 %20242025 Company: 20.0 % Industry median: 5.9 %2025-800-600-400-20002002018 Company: — Industry median: —2019 Company: 82.8 % Industry median: 5.7 %20192020 Company: -5.5 % Industry median: 5.6 %2021 Company: -44.6 % Industry median: 7.4 %20212022 Company: -328.5 % Industry median: 5.9 %2023 Company: -674.2 % Industry median: 5.2 %20232024 Company: 32.5 % Industry median: 5.9 %2025 Company: 20.0 % Industry median: 5.9 %2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 747 730 € · −6.6% vs 2024
02004006008001 0002017 Company: —20172018 Company: —20182019 Company: 59 760 €20192020 Company: 242 874 €20202021 Company: 245 366 €20212022 Company: 246 431 €20222023 Company: 928 438 €20232024 Company: 800 848 €20242025 Company: 747 730 €202502004006008001 0002018 Company: —2019 Company: 59 760 €20192020 Company: 242 874 €2021 Company: 245 366 €20212022 Company: 246 431 €2023 Company: 928 438 €20232024 Company: 800 848 €2025 Company: 747 730 €2025
Equity, € 2025: 33 474 € · +69.8% vs 2024
020 00040 00060 0002017 Company: —20172018 Company: —20182019 Company: 59 548 €20192020 Company: 57 856 €20202021 Company: 52 427 €20212022 Company: 41 067 €20222023 Company: 2 514 €20232024 Company: 19 708 €20242025 Company: 33 474 €2025020 00040 00060 0002018 Company: —2019 Company: 59 548 €20192020 Company: 57 856 €2021 Company: 52 427 €20212022 Company: 41 067 €2023 Company: 2 514 €20232024 Company: 19 708 €2025 Company: 33 474 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Real estate 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 68 914 13 766 0 747 730 33 474 0
2024 52 965 17 194 0 800 848 19 708 0
2023 5 718 -38 553 0 928 438 2 514 0
2022 3 458 -11 360 0 246 431 41 067 0
2021 12 172 -5 429 0 245 366 52 427 0
2020 30 502 -1 692 0 242 874 57 856 0
2019 38 981 32 295 0 59 760 59 548 0
2018 — — — — — 0
2017 — — — — — 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
20.0 %
Net profit / revenue
Return on equity (ROE)
41.1 %
Net profit / equity
Return on assets (ROA)
1.8 %
Net profit / assets
Equity ratio
4.5 %
Equity / assets
Debt ratio
95.5 %
Liabilities / assets
Current ratio
0.07
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 7 Apr 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 23 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 18 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 8 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 10 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 29 Mar 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 23 Feb 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

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main

Rulings 7

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50061159 / 6
14 Jun 2024
 Amendment entry In force
14 Jun 2024
 PDF
Ä 50061159 / 5
22 Feb 2024
 Amendment entry In force
22 Feb 2024
 PDF
Ä 50061159 / M1
2 Feb 2024
 Ruling to eliminate deficiencies 17 Feb 2024 Deficiencies eliminated
22 Feb 2024
 PDF
Ä 50061159 / 4
2 Sep 2023
 Amendment entry In force
2 Sep 2023
 PDF
Ä 50061159 / 3
20 Jan 2018
 Amendment entry In force
20 Jan 2018
 PDF
Ä 50061159 / 2
14 Dec 2017
 Amendment entry In force
14 Dec 2017
 PDF
Ä 50061159
13 Jul 2017
 First entry In force
13 Jul 2017
 PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data