Muutusetark OÜ

Active Registry code 14843759 OÜ Tallinn Registered 7 Nov 2019
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Muutusetark OÜ is a OÜ based in Tallinn, registry code 14843759, status: active. Main activity: Business and other management consultancy activities. According to EMTA, turnover for Q3 2026 was €56 784 with 1 employees.

Turnover
56 784 €
↑ 80.4% vs Q2 2026
State taxes
14 942 €
↑ 62.7% vs Q2 2026
Labour taxes
1 758 €
↑ 0.0% vs Q2 2026
Employees
1
±0 vs Q2 2026

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

Position in the industry Activities of head offices and management consultancy · EMTAK 70

  • Turnover · Q3 2026 56 784 €
    industry median 13 705 € · companies in the industry: 4 338
  • Labour taxes per employee 1 758 €
    industry median 1 649 € · companies in the industry: 1 689
  • Revenue · 2025 204 101 €
    industry median 10 800 € · companies in the industry: 9 687
  • Net profit margin · 2025 115.9 %
    industry median 22.0 % · companies in the industry: 6 494

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 56 784 € · +80.4% vs Q2 2026 · industry median 13 705 € · above 85% of the industry
020 00040 00060 00080 000100 000Q4 2023 Company: 41 250 € Industry median: 15 091 €Q4·23Q1 2024 Company: 66 633 € Industry median: 14 762 €Q2 2024 Company: 60 150 € Industry median: 14 762 €Q2·24Q3 2024 Company: 84 500 € Industry median: 14 140 €Q4 2024 Company: 28 576 € Industry median: 15 052 €Q4·24Q1 2025 Company: 65 000 € Industry median: 14 703 €Q2 2025 Company: 28 509 € Industry median: 13 688 €Q2·25Q3 2025 Company: 77 836 € Industry median: 13 984 €Q4 2025 Company: 48 726 € Industry median: 14 505 €Q4·25Q1 2026 Company: 79 030 € Industry median: 14 237 €Q2 2026 Company: 31 473 € Industry median: 14 128 €Q2·26Q3 2026 Company: 56 784 € Industry median: 13 705 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 28 576 € Industry median: 15 052 €Q1 2025 Company: 65 000 € Industry median: 14 703 €Q1·25Q2 2025 Company: 28 509 € Industry median: 13 688 €Q3 2025 Company: 77 836 € Industry median: 13 984 €Q3·25Q4 2025 Company: 48 726 € Industry median: 14 505 €Q1 2026 Company: 79 030 € Industry median: 14 237 €Q1·26Q2 2026 Company: 31 473 € Industry median: 14 128 €Q3 2026 Company: 56 784 € Industry median: 13 705 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 758 € · +0.0% vs Q2 2026 · industry median 1 649 € · above 53% of the industry
05001 0001 5002 000Q4 2023 Company: 1 700 € Industry median: 1 639 €Q4·23Q1 2024 Company: 1 700 € Industry median: 1 650 €Q2 2024 Company: 1 700 € Industry median: 1 721 €Q2·24Q3 2024 Company: 1 700 € Industry median: 1 700 €Q4 2024 Company: 1 700 € Industry median: 1 679 €Q4·24Q1 2025 Company: 1 720 € Industry median: 1 739 €Q2 2025 Company: 1 758 € Industry median: 1 758 €Q2·25Q3 2025 Company: 1 758 € Industry median: 1 758 €Q4 2025 Company: 1 758 € Industry median: 1 758 €Q4·25Q1 2026 Company: 1 758 € Industry median: 1 641 €Q2 2026 Company: 1 758 € Industry median: 1 597 €Q2·26Q3 2026 Company: 1 758 € Industry median: 1 649 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 700 € Industry median: 1 679 €Q1 2025 Company: 1 720 € Industry median: 1 739 €Q1·25Q2 2025 Company: 1 758 € Industry median: 1 758 €Q3 2025 Company: 1 758 € Industry median: 1 758 €Q3·25Q4 2025 Company: 1 758 € Industry median: 1 758 €Q1 2026 Company: 1 758 € Industry median: 1 641 €Q1·26Q2 2026 Company: 1 758 € Industry median: 1 597 €Q3 2026 Company: 1 758 € Industry median: 1 649 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 14 942 € · +62.7% vs Q2 2026
05 00010 00015 00020 00025 000Q4 2023 Company: 9 787 €Q4·23Q1 2024 Company: 14 133 €Q2 2024 Company: 14 504 €Q2·24Q3 2024 Company: 20 104 €Q4 2024 Company: 7 824 €Q4·24Q1 2025 Company: 15 876 €Q2 2025 Company: 7 887 €Q2·25Q3 2025 Company: 18 695 €Q4 2025 Company: 13 308 €Q4·25Q1 2026 Company: 20 298 €Q2 2026 Company: 9 181 €Q2·26Q3 2026 Company: 14 942 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 7 824 €Q1 2025 Company: 15 876 €Q1·25Q2 2025 Company: 7 887 €Q3 2025 Company: 18 695 €Q3·25Q4 2025 Company: 13 308 €Q1 2026 Company: 20 298 €Q1·26Q2 2026 Company: 9 181 €Q3 2026 Company: 14 942 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 56 784 14 942 1 758 1
Q2 2026 31 473 9 181 1 758 1
Q1 2026 79 030 20 298 1 758 1
Q4 2025 48 726 13 308 1 758 1
Q3 2025 77 836 18 695 1 758 1
Q2 2025 28 509 7 887 1 758 1
Q1 2025 65 000 15 876 1 720 1
Q4 2024 28 576 7 824 1 700 1
Q3 2024 84 500 20 104 1 700 1
Q2 2024 60 150 14 504 1 700 1
Q1 2024 66 633 14 133 1 700 1
Q4 2023 41 250 9 787 1 700 1
Q3 2023 44 700 10 439 1 700 1
Q2 2023 34 500 8 463 1 700 1
Q1 2023 46 500 10 844 1 700 1
Q4 2022 28 500 7 261 1 700 1
Q3 2022 20 000 4 000 — 1
Q2 2022 30 000 5 963 — —
Q1 2022 60 000 12 000 — —
Labour taxes per employee per month
586 €
Turnover per employee in the quarter
56 784 €

Q3 2026 · calculated from EMTA data

Financials by year

2020 – 2025
Revenue, € thousand 2025: 204 101 € · −14.3% vs 2024 · industry median 10 800 € · above 93% of the industry
0501001502002502020 Company: 120 500 € Industry median: 8 779 €20202021 Company: 172 000 € Industry median: 9 884 €20212022 Company: 145 000 € Industry median: 10 945 €20222023 Company: 183 300 € Industry median: 11 079 €20232024 Company: 238 150 € Industry median: 10 766 €20242025 Company: 204 101 € Industry median: 10 800 €20250501001502002502020 Company: 120 500 € Industry median: 8 779 €2021 Company: 172 000 € Industry median: 9 884 €20212022 Company: 145 000 € Industry median: 10 945 €2023 Company: 183 300 € Industry median: 11 079 €20232024 Company: 238 150 € Industry median: 10 766 €2025 Company: 204 101 € Industry median: 10 800 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 236 604 € · −63.6% vs 2024 · industry median 284 € · above 98% of the industry
-500-25002505007502020 Company: 443 817 € Industry median: 760 €20202021 Company: 297 885 € Industry median: 1 171 €20212022 Company: -352 626 € Industry median: 470 €20222023 Company: 624 109 € Industry median: 681 €20232024 Company: 650 700 € Industry median: 538 €20242025 Company: 236 604 € Industry median: 284 €2025-500-25002505007502020 Company: 443 817 € Industry median: 760 €2021 Company: 297 885 € Industry median: 1 171 €20212022 Company: -352 626 € Industry median: 470 €2023 Company: 624 109 € Industry median: 681 €20232024 Company: 650 700 € Industry median: 538 €2025 Company: 236 604 € Industry median: 284 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 115.9 % · −157.3 pp vs the year before · industry median 22.0 % · above 91% of the industry
-400-20002004002020 Company: 368.3 % Industry median: 32.1 %20202021 Company: 173.2 % Industry median: 35.7 %20212022 Company: -243.2 % Industry median: 27.6 %20222023 Company: 340.5 % Industry median: 28.4 %20232024 Company: 273.2 % Industry median: 25.0 %20242025 Company: 115.9 % Industry median: 22.0 %2025-400-20002004002020 Company: 368.3 % Industry median: 32.1 %2021 Company: 173.2 % Industry median: 35.7 %20212022 Company: -243.2 % Industry median: 27.6 %2023 Company: 340.5 % Industry median: 28.4 %20232024 Company: 273.2 % Industry median: 25.0 %2025 Company: 115.9 % Industry median: 22.0 %2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 916 473 € · +11.7% vs 2024
05001 0001 5002 0002020 Company: 804 673 €20202021 Company: 1 073 558 €20212022 Company: 679 577 €20222023 Company: 1 273 867 €20232024 Company: 1 715 201 €20242025 Company: 1 916 473 €202505001 0001 5002 0002020 Company: 804 673 €2021 Company: 1 073 558 €20212022 Company: 679 577 €2023 Company: 1 273 867 €20232024 Company: 1 715 201 €2025 Company: 1 916 473 €2025
Equity, € thousand 2025: 1 902 989 € · +14.2% vs 2024
05001 0001 5002 0002020 Company: 446 317 €20202021 Company: 744 202 €20212022 Company: 391 576 €20222023 Company: 1 015 684 €20232024 Company: 1 666 384 €20242025 Company: 1 902 989 €202505001 0001 5002 0002020 Company: 446 317 €2021 Company: 744 202 €20212022 Company: 391 576 €2023 Company: 1 015 684 €20232024 Company: 1 666 384 €2025 Company: 1 902 989 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 1 Industry median: 120250.00.20.40.60.81.02020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 1 Industry median: 12025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (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 204 101 236 604 16 056 1 916 473 1 902 989 1
2024 238 150 650 700 16 056 1 715 201 1 666 384 1
2023 183 300 624 109 16 056 1 273 867 1 015 684 1
2022 145 000 -352 626 8 028 679 577 391 576 1
2021 172 000 297 885 0 1 073 558 744 202 0
2020 120 500 443 817 0 804 673 446 317 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
115.9 %
Net profit / revenue
Return on equity (ROE)
12.4 %
Net profit / equity
Return on assets (ROA)
12.3 %
Net profit / assets
Equity ratio
99.3 %
Equity / assets
Debt ratio
0.7 %
Liabilities / assets
Current ratio
142.13
Current assets / current liabilities
Revenue per employee
204 101 €
Revenue / average full-time employees
Labour cost per employee per month
1 338 €
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 26 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 25 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 1 Jul 2022 Company’s own e-Äriregister
2020 7 Nov 2019 – 31 Dec 2020 1 Jun 2021 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

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 70201Business and other management consultancy activities Main
Rulings
Number, date Title Deadline State Document
Ä 50132450 / 3
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50132450 / 2
1 Sep 2022
Amendment under Commercial Code § 525 (2) In force
1 Sep 2022
PDF
Ä 50132450
7 Nov 2019
First entry In force
7 Nov 2019
PDF
Ä 50132450 / M1
6 Nov 2019
Ruling to eliminate deficiencies 6 Dec 2019 Deficiencies eliminated
7 Nov 2019
PDF

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