Mifundo OÜ

Active Registry code 14587569 OÜ Tallinn Registered 16 Oct 2018

Mifundo OÜ is a OÜ based in Tallinn, registry code 14587569, status: active. Main activity: Other activities auxiliary to financial services, except insurance and pension funding n.e.c.. According to EMTA, turnover for Q3 2026 was €101 113 with 8 employees.

Turnover

101 113 €

↓ 20.1% vs Q2 2026

State taxes

64 373 €

↓ 3.5% vs Q2 2026

Labour taxes

74 702 €

↓ 8.1% vs Q2 2026

Employees

+1 vs Q2 2026

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

Position in the industry Activities auxiliary to financial services and insurance activities · EMTAK 66

Turnover · Q3 2026 101 113 €

above 85% of companies

industry median 13 814 € · companies in the industry: 339
Labour taxes per employee 9 338 €

above 88% of companies

industry median 2 338 € · companies in the industry: 272
Revenue · 2025 20 470 €

above 65% of companies

industry median 3 200 € · companies in the industry: 1 215
Net profit margin · 2025 1 471.3 %

above 98% of companies

industry median 23.7 % · companies in the industry: 667

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 101 113 € · −20.1% vs Q2 2026 · industry median 13 814 € · above 85% of the industry

Company
Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 9 338 € · −19.6% vs Q2 2026 · industry median 2 338 € · above 88% of the industry

Company
Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 8 · +14.3% vs Q2 2026

State taxes, € Q3 2026: 64 373 € · −3.5% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	101 113	64 373	74 702	8
Q2 2026	126 586	66 725	81 263	7
Q1 2026	139 533	69 134	85 161	8
Q4 2025	93 306	55 040	80 196	8
Q3 2025	124 854	49 286	78 599	8
Q2 2025	126 074	35 473	76 592	7
Q1 2025	92 662	15 898	51 902	7
Q4 2024	37 020	3 583	34 886	5
Q3 2024	32 709	6 162	28 025	5
Q2 2024	23 290	7 364	26 316	2
Q1 2024	24 268	8 046	40 775	1
Q4 2023	4 785	3 178	17 541	3
Q3 2023	2 135	6 917	17 349	3
Q2 2023	6 533	2 121	25 232	3
Q1 2023	6 866	—	24 943	3
Q4 2022	13 627	—	19 009	3
Q3 2022	-57 840	—	4 773	2
Q2 2022	543	—	—	—
Q1 2022	549	—	—	—

Labour taxes per employee per month

3 113 €

Turnover per employee in the quarter

12 639 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025

Revenue, € 2025: 20 470 € · +1 120.6% vs 2024 · industry median 3 200 € · above 65% of the industry

Company
Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 301 176 € · −0.9% vs 2024 · industry median 80 € · above 94% of the industry

Company
Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 1 471.3 % · −16 651.5 pp vs the year before · industry median 23.7 % · above 98% of the industry

Company
Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 2 999 761 € · +2.0% vs 2024

Equity, € thousand 2025: 2 581 904 € · +13.9% vs 2024

Employees 2025: 9 · +28.6% vs 2024 · industry median 1 · above 88% of the industry

Company
Industry median

Industry: Activities auxiliary to financial services and insurance 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	20 470	301 176	740 828	2 999 761	2 581 904	9
2024	1 677	303 920	320 475	2 939 819	2 266 337	7
2023	2 935	194 364	34 364	2 042 273	797 831	3
2022	—	120 345	17 700	794 504	601 817	3
2021	0	17 271	—	149 325	148 314	0
2020	0	-141	—	153 583	141 428	0
2019	0	-431	—	99 569	99 569	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

1 471.3 %

Net profit / revenue

Return on equity (ROE)

11.7 %

Net profit / equity

Return on assets (ROA)

10.0 %

Net profit / assets

Equity ratio

86.1 %

Equity / assets

Debt ratio

13.9 %

Liabilities / assets

Current ratio

1.20

Current assets / current liabilities

Revenue per employee

2 274 €

Revenue / average full-time employees

Labour cost per employee per month

6 860 €

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	15 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	8 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	28 May 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	10 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	28 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	29 Jun 2021	Company’s own	e-Äriregister
2019	16 Oct 2018 – 31 Dec 2019	30 Jun 2020	Company’s own	e-Äriregister

Board

Kaido Saar
Board member · since 16 Oct 2018
Keiu Kalaus
Board member · since 8 Nov 2022

Right of representation

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

Owners

MiAlma OÜ
Legal person · 14527461 · 101 615 €

58.82%
Tera Ventures II Usaldusfond
Legal person · 14510443 · 33 967 €

19.66%
Mifundo OÜ
Legal person · 14587569 · 15 185 €

8.79%
Opus11 VC OÜ
Legal person · 16444816 · 11 561 €

6.69%
Finif OÜ
Legal person · 16522108 · 2 336 €

1.35%
STACC OÜ
Legal person · 11672027 · 2 336 €

1.35%
Sikka OÜ
Legal person · 12561318 · 2 336 €

1.35%
Ndeavour OÜ
Legal person · 16458052 · 1 168 €

0.68%
Somel Varahaldus OÜ
Legal person · 12776987 · 1 168 €

0.68%
Tweed Invest OÜ
Legal person · 14137116 · 860 €

0.50%
K8 Fintech Investments OÜ
Legal person · 16443627 · 215 €

0.12%

Owner in

Mifundo OÜ
8.79%

Beneficial owners

Kaido Saar
Indirect ownership · since 16 Oct 2018

Founders and other persons

MiAlma OÜ
Founder · 2 000 € · 15 Oct 2018
OÜ Etlanta
Founder · 500 € · 15 Oct 2018

shared board members, owners or beneficial owners

Activities (EMTAK)

66199Other activities auxiliary to financial services, except insurance and pension funding n.e.c. Main

Rulings 12

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 50104882 / 12 27 Aug 2024	Amendment entry	In force 27 Aug 2024	PDF
Ä 50104882 / 11 2 Sep 2023	Amendment entry	In force 2 Sep 2023	PDF
Ä 50104882 / 10 8 Nov 2022	Amendment entry	In force 8 Nov 2022	PDF
Ä 50104882 / 9 8 Aug 2022	Amendment entry	In force 8 Aug 2022	PDF
Ä 50104882 / 8 27 Jul 2022	Amendment entry	In force 27 Jul 2022	PDF
Ä 50104882 / 7 13 Jun 2022	Amendment entry	In force 13 Jun 2022	PDF
Ä 50104882 / 6 11 Oct 2021	Amendment entry	In force 11 Oct 2021	PDF
Ä 50104882 / 5 26 Jul 2021	Amendment entry	In force 26 Jul 2021	PDF
Ä 50104882 / 4 22 Jan 2021	Amendment entry	In force 22 Jan 2021	PDF
Ä 50104882 / 3 31 Dec 2020	Amendment entry	In force 31 Dec 2020	PDF
Ä 50104882 / 2 10 Oct 2019	Amendment entry	In force 10 Oct 2019	PDF
Ä 50104882 16 Oct 2018	First entry	In force 16 Oct 2018	PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data

Mifundo OÜ

Position in the industry Activities auxiliary to financial services and insurance activities · EMTAK 66

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 12