OÜ Metest Steel

Active Registry code 14393581 OÜ Kõvaküla Registered 19 Dec 2017

OÜ Metest Steel is a OÜ based in Kõvaküla, registry code 14393581, status: active. Main activity: Manufacture of other metal structures and parts of structures. According to EMTA, turnover for Q3 2026 was €3 313 811 with 32 employees.

Turnover

3 313 811 €

↓ 21.2% vs Q2 2026

State taxes

0 €

Labour taxes

151 620 €

↑ 1.9% vs Q2 2026

Employees

−1 vs Q2 2026

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

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

Turnover · Q3 2026 3.3 mn €

above 98% of companies

industry median 54 051 € · companies in the industry: 1 358
Labour taxes per employee 4 738 €

above 98% of companies

industry median 1 944 € · companies in the industry: 1 121
Revenue · 2025 4.8 mn €

above 98% of companies

industry median 71 144 € · companies in the industry: 1 712
Net profit margin · 2025 -9.9 %

above 15% of companies

industry median 3.4 % · companies in the industry: 1 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 3 313 811 € · −21.2% vs Q2 2026 · industry median 54 051 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 738 € · +5.1% vs Q2 2026 · industry median 1 944 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 32 · −3.0% vs Q2 2026

State taxes, € Q3 2026: 0 €

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	3 313 811	—	151 620	32
Q2 2026	4 205 027	—	148 803	33
Q1 2026	2 649 543	—	149 179	33
Q4 2025	2 098 636	27 355	134 988	33
Q3 2025	1 154 498	74 513	143 948	30
Q2 2025	1 723 970	36 021	117 232	30
Q1 2025	1 122 846	81 023	116 767	27
Q4 2024	1 318 071	—	110 572	24
Q3 2024	1 380 507	38 544	121 126	25
Q2 2024	1 743 605	44 217	97 108	24
Q1 2024	1 235 273	47 371	99 327	21
Q4 2023	1 359 654	56 158	87 129	20
Q3 2023	1 319 922	25 956	100 014	18
Q2 2023	1 658 852	—	83 668	20
Q1 2023	2 659 758	—	106 350	21
Q4 2022	2 275 139	—	83 060	21
Q3 2022	1 666 685	—	83 694	21
Q2 2022	1 539 421	—	67 016	20
Q1 2022	780 029	—	57 519	19

Labour taxes per employee per month

1 579 €

Turnover per employee in the quarter

103 557 €

Q3 2026 · calculated from EMTA data

Financials by year

2018 – 2025

Revenue, € thousand 2025: 4 815 792 € · −6.8% vs 2024 · industry median 71 144 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -478 220 € · −296.8% vs 2024 · industry median 904 € · above 2% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -9.9 % · −14.6 pp vs the year before · industry median 3.4 % · above 15% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 2 869 143 € · +22.3% vs 2024

Equity, € thousand 2025: 946 730 € · −41.7% vs 2024

Employees 2025: 29 · +26.1% vs 2024 · industry median 3 · above 91% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (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	4 815 792	-478 220	1 260 927	2 869 143	946 730	29
2024	5 167 998	242 982	1 086 591	2 346 183	1 624 950	23
2023	6 038 661	790 803	915 507	2 003 182	1 381 968	20
2022	6 504 209	518 938	799 137	2 117 986	591 165	20
2021	2 355 773	25 193	434 398	718 162	72 227	13
2020	1 824 991	134 118	368 460	404 331	123 534	10
2019	1 102 326	3 861	293 893	378 660	42 916	9
2018	—	—	—	—	—	8

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

-9.9 %

Net profit / revenue

Return on equity (ROE)

-50.5 %

Net profit / equity

Return on assets (ROA)

-16.7 %

Net profit / assets

Equity ratio

33.0 %

Equity / assets

Debt ratio

67.0 %

Liabilities / assets

Current ratio

0.89

Current assets / current liabilities

Revenue per employee

166 062 €

Revenue / average full-time employees

Labour cost per employee per month

3 623 €

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	2 Jul 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	2 Jul 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	27 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	29 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	28 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	17 Mar 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	19 Oct 2020	Company’s own	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
1	400 000 €	Swedbank AS	4 Nov 2024 – in force

Board

Heimar Mirka
Board member · since 19 Dec 2017
Lembo Siro
Board member · since 19 Dec 2017
Taavi Veidenberg
Board member · since 19 Dec 2017
Annes Märtsimaa
Board member · since 28 May 2024
Kaabriel Pilk
Board member · since 28 May 2024

Right of representation

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

Owners

LSG Haldus OÜ
Legal person · 12422812 · 800 €

26.67%
Osaühing BergHold
Legal person · 12423964 · 800 €

26.67%
OÜ HM Haldus
Legal person · 12423409 · 800 €

26.67%
Annes Märtsimaa
Natural person · 300 €

10%
Kaabriel Pilk
Natural person · 300 €

10%

Beneficial owners

Annes Märtsimaa
Direct ownership · since 17 Mar 2021
Kaabriel Pilk
Direct ownership · since 17 Mar 2021
Heimar Mirka
Direct ownership · since 19 Oct 2018
Lembo Siro
Direct ownership · since 19 Oct 2018
Taavi Veidenberg
Direct ownership · since 19 Oct 2018

Founders and other persons

Heimar Mirka
Founder · 1 000 € · 19 Dec 2017
Lembo Siro
Founder · 1 000 € · 19 Dec 2017
Taavi Veidenberg
Founder · 1 000 € · 19 Dec 2017
Krista Lehtsalu
Audit firm · 25 Jan 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

25119Manufacture of other metal structures and parts of structures Main
46821Wholesale of metals and metal ores

Rulings 6

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 50072506 / 6 27 May 2025	Amendment entry	In force 27 May 2025	PDF
K 50072506 / 5 4 Nov 2024	Commercial pledge entered	In force 4 Nov 2024	PDF
Ä 50072506 / 4 28 May 2024	Amendment entry	In force 28 May 2024	PDF
Ä 50072506 / 3 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 50072506 / 2 20 Jan 2018	Amendment entry	In force 20 Jan 2018	PDF
Ä 50072506 19 Dec 2017	First entry	In force 19 Dec 2017	PDF

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

OÜ Metest Steel

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 6