TheMS OÜ

Active Registry code 14698300 OÜ Tõnuküla Registered 5 Apr 2019
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TheMS OÜ is a OÜ based in Tõnuküla, registry code 14698300, status: active. Main activity: Construction of residential and non-residential buildings. Its annual report for 2023 shows revenue of €33 535 and 1 employees.

Turnover
—
State taxes
600 €
↓ 35.2% vs Q4 2023
Labour taxes
637 €
↓ 35.0% vs Q4 2023
Employees
—

Q1 2024 · data from the Tax and Customs Board (EMTA)

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Revenue · 2023 33 535 €
    industry median 37 253 € · companies in the industry: 7 411
  • Net profit margin · 2023 -8.5 %
    industry median 3.9 % · companies in the industry: 5 733

Taxes and turnover

Q2 2023 – Q1 2024
Labour taxes per employee, € Q4 2023: 490 € · −50.0% vs Q3 2023 · industry median 1 145 € · above 13% of the industry
02505007501 0001 250Q2 2023 Company: — Industry median: 1 060 €Q2·23Q3 2023 Company: 980 € Industry median: 1 118 €Q3·23Q4 2023 Company: 490 € Industry median: 1 145 €Q4·23Q1 2024 Company: — Industry median: 1 097 €Q1·2402505007501 0001 250Q2 2023 Company: — Industry median: 1 060 €Q3 2023 Company: 980 € Industry median: 1 118 €Q3·23Q4 2023 Company: 490 € Industry median: 1 145 €Q1 2024 Company: — Industry median: 1 097 €Q1·24
  • 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.

Employees Q4 2023: 2 · +100.0% vs Q3 2023
0.00.51.01.52.0Q2 2023 Company: 1Q2·23Q3 2023 Company: 1Q3·23Q4 2023 Company: 2Q4·23Q1 2024 Company: —Q1·240.00.51.01.52.0Q2 2023 Company: 1Q3 2023 Company: 1Q3·23Q4 2023 Company: 2Q1 2024 Company: —Q1·24
State taxes, € Q1 2024: 600 € · −35.2% vs Q4 2023
02004006008001 000Q2 2023 Company: —Q2·23Q3 2023 Company: 926 €Q3·23Q4 2023 Company: 926 €Q4·23Q1 2024 Company: 600 €Q1·2402004006008001 000Q2 2023 Company: —Q3 2023 Company: 926 €Q3·23Q4 2023 Company: 926 €Q1 2024 Company: 600 €Q1·24
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q1 2024 — 600 637 —
Q4 2023 — 926 980 2
Q3 2023 — 926 980 1
Q2 2023 — — — 1

Financials by year

2019 – 2023
Revenue, € 2023: 33 535 € · +9.8% vs 2022 · industry median 37 253 € · above 48% of the industry
010 00020 00030 00040 0002019 Company: 17 315 € Industry median: 38 887 €20192020 Company: 15 190 € Industry median: 35 421 €20202021 Company: 22 400 € Industry median: 38 277 €20212022 Company: 30 540 € Industry median: 39 540 €20222023 Company: 33 535 € Industry median: 37 253 €2023010 00020 00030 00040 0002019 Company: 17 315 € Industry median: 38 887 €20192020 Company: 15 190 € Industry median: 35 421 €2021 Company: 22 400 € Industry median: 38 277 €20212022 Company: 30 540 € Industry median: 39 540 €2023 Company: 33 535 € Industry median: 37 253 €2023
  • 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.

Net profit, € 2023: -2 865 € · −170.4% vs 2022 · industry median 253 € · above 18% of the industry
-4 000-2 00002 0004 0006 0002019 Company: 1 469 € Industry median: 643 €20192020 Company: 504 € Industry median: 279 €20202021 Company: 5 444 € Industry median: 315 €20212022 Company: 4 072 € Industry median: 398 €20222023 Company: -2 865 € Industry median: 253 €2023-4 000-2 00002 0004 0006 0002019 Company: 1 469 € Industry median: 643 €20192020 Company: 504 € Industry median: 279 €2021 Company: 5 444 € Industry median: 315 €20212022 Company: 4 072 € Industry median: 398 €2023 Company: -2 865 € Industry median: 253 €2023
  • 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.

Net profit margin, % 2023: -8.5 % · −21.9 pp vs the year before · industry median 3.9 % · above 18% of the industry
-1001020302019 Company: 8.5 % Industry median: 4.5 %20192020 Company: 3.3 % Industry median: 4.0 %20202021 Company: 24.3 % Industry median: 3.8 %20212022 Company: 13.3 % Industry median: 3.9 %20222023 Company: -8.5 % Industry median: 3.9 %2023-1001020302019 Company: 8.5 % Industry median: 4.5 %20192020 Company: 3.3 % Industry median: 4.0 %2021 Company: 24.3 % Industry median: 3.8 %20212022 Company: 13.3 % Industry median: 3.9 %2023 Company: -8.5 % Industry median: 3.9 %2023
  • 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.

Assets, € 2023: 11 304 € · −17.4% vs 2022
05 00010 00015 0002019 Company: 1 513 €20192020 Company: 3 820 €20202021 Company: 9 502 €20212022 Company: 13 679 €20222023 Company: 11 304 €202305 00010 00015 0002019 Company: 1 513 €20192020 Company: 3 820 €2021 Company: 9 502 €20212022 Company: 13 679 €2023 Company: 11 304 €2023
Equity, € 2023: 8 626 € · −24.9% vs 2022
02 5005 0007 50010 00012 5002019 Company: 1 469 €20192020 Company: 1 973 €20202021 Company: 7 417 €20212022 Company: 11 490 €20222023 Company: 8 626 €202302 5005 0007 50010 00012 5002019 Company: 1 469 €20192020 Company: 1 973 €2021 Company: 7 417 €20212022 Company: 11 490 €2023 Company: 8 626 €2023
Employees 2023: 1 · industry median 2 · above 5% of the industry
0.00.51.01.52.02019 Company: 0 Industry median: 220192020 Company: 1 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 1 Industry median: 220230.00.51.01.52.02019 Company: 0 Industry median: 220192020 Company: 1 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 1 Industry median: 22023
  • 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.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2023 33 535 -2 865 6 068 11 304 8 626 1
2022 30 540 4 072 0 13 679 11 490 0
2021 22 400 5 444 1 565 9 502 7 417 0
2020 15 190 504 2 517 3 820 1 973 1
2019 17 315 1 469 0 1 513 1 469 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 2023

Net profit margin
-8.5 %
Net profit / revenue
Return on equity (ROE)
-33.2 %
Net profit / equity
Return on assets (ROA)
-25.3 %
Net profit / assets
Equity ratio
76.3 %
Equity / assets
Debt ratio
23.7 %
Liabilities / assets
Current ratio
2.03
Current assets / current liabilities
Revenue per employee
33 535 €
Revenue / average full-time employees
Labour cost per employee per month
506 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2023 1 Jan 2023 – 31 Dec 2023 14 Aug 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 31 May 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 8 Sep 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 18 Feb 2022 Company’s own e-Äriregister
2019 5 Apr 2019 – 31 Dec 2019 6 Jul 2020 Company’s own e-Äriregister

Board

  • Avo Graf
    Board member · since 15 Aug 2025

Right of representation

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

Owners

Beneficial owners

  • Avo Graf
    Member of a senior management body (management or supervisory board) · since 19 Aug 2025

Founders and other persons

  • Jaan Saar
    Founder · 2 500 € · 4 Apr 2019
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41201Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50116824 / 4
20 Oct 2025
Amendment entry In force
20 Oct 2025
PDF
Ä 50116824 / M3
15 Aug 2025
Procedural ruling 22 Aug 2025 Deficiencies eliminated
15 Aug 2025
PDF
Ä 50116824 / 3
15 Aug 2025
Amendment entry In force
15 Aug 2025
PDF
Ä 50116824 / M2
15 Jul 2024
Warning of deletion from the register: annual report not filed 18 Oct 2024 Deficiencies eliminated
15 Aug 2024
PDF
Ä 50116824 / 2
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50116824
5 Apr 2019
First entry In force
5 Apr 2019
PDF
Ä 50116824 / M1
4 Apr 2019
Ruling to eliminate deficiencies 19 Apr 2019 Deficiencies eliminated
5 Apr 2019
PDF

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