Masterbest Baltic OÜ
Masterbest Baltic OÜ is a OÜ based in Tallinn, registry code 14680398, status: active. Main activity: Construction of residential and non-residential buildings. Its annual report for 2024 shows revenue of €1 256 924 and 16 employees.
Q1 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Revenue · 2024 1.3 mn €above 98% of companiesindustry median 37 686 € · companies in the industry: 7 373
- Net profit margin · 2024 13.4 %above 72% of companiesindustry median 2.8 % · companies in the industry: 5 757
Taxes and turnover
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q1 2026 | — | 285 | — | — |
| Q4 2025 | — | 45 | — | — |
| Q3 2025 | — | 2 | — | — |
| Q2 2025 | — | 5 990 | 5 690 | — |
| Q1 2025 | — | 11 955 | 13 389 | — |
| Q4 2024 | — | 33 362 | 35 850 | 18 |
| Q3 2024 | — | 26 886 | 28 863 | 15 |
| Q2 2024 | — | 31 586 | 34 040 | 16 |
| Q1 2024 | — | 38 329 | 40 733 | 23 |
| Q4 2023 | — | 55 655 | 59 665 | 22 |
| Q3 2023 | — | 52 703 | 56 934 | 23 |
| Q2 2023 | — | 69 410 | 75 764 | 23 |
| Q1 2023 | — | 66 960 | 72 561 | 23 |
| Q4 2022 | — | 68 889 | 75 340 | 27 |
| Q3 2022 | — | 73 395 | 79 849 | 23 |
| Q2 2022 | — | 83 954 | 90 986 | 29 |
| Q1 2022 | — | 55 409 | 60 913 | 33 |
Financials by year
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2024 | 1 256 924 | 168 899 | 420 017 | 453 800 | 408 338 | 16 |
| 2023 | 1 617 272 | 45 813 | 754 733 | 481 358 | 401 514 | 24 |
| 2022 | 2 230 569 | 194 685 | 1 049 565 | 502 489 | 355 702 | 23 |
| 2021 | 687 364 | 158 326 | 256 638 | 304 582 | 158 515 | 24 |
| 2020 | 390 | 189 | 0 | 1 268 | 1 268 | 0 |
| 2019 | 1 670 | 1 025 | 0 | 1 069 | 1 025 | 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 2024
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 10 Apr 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 1 Jul 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 10 Jul 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 30 Jun 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 5 Jul 2021 | Company’s own | e-Äriregister |
| 2019 | 12 Mar 2019 – 31 Dec 2019 | 17 Nov 2020 | Company’s own | e-Äriregister |
Board
- Hindrek SeppBoard member · since 23 Apr 2025
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Hindrek SeppNatural person · 2 500 €
Beneficial owners
- Hindrek SeppDirect ownership · since 15 Apr 2025
Founders and other persons
- Rita VeldiFounder · 2 500 € · 7 Feb 2019
Related companies
Activities (EMTAK)
- 41001Construction of residential and non-residential buildings Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50112551 / 5 23 Apr 2025 |
Amendment entry | In force 23 Apr 2025 |
||
| Ä 50112551 / M3 16 Apr 2025 |
Procedural ruling | 30 Apr 2025 | Deficiencies eliminated 23 Apr 2025 |
|
| Ä 50112551 / 4 3 Sep 2023 |
Amendment entry | In force 3 Sep 2023 |
||
| Ä 50112551 / 3 2 Dec 2022 |
Amendment entry | In force 2 Dec 2022 |
||
| Ä 50112551 / 2 6 Sep 2021 |
Amendment under Commercial Code § 525 (2) | In force 6 Sep 2021 |
||
| Ä 50112551 12 Mar 2019 |
First entry | In force 12 Mar 2019 |
||
| Ä 50112551 / M2 22 Feb 2019 |
Ruling to eliminate deficiencies | 9 Mar 2019 | Deficiencies eliminated 12 Mar 2019 |
|
| Ä 50112551 / M1 8 Feb 2019 |
Ruling to eliminate deficiencies | 23 Feb 2019 | Deficiencies eliminated 12 Mar 2019 |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data