M2AA OÜ

Active Registry code 14861488 OÜ Tallinn Registered 4 Dec 2019
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M2AA OÜ is a OÜ based in Tallinn, registry code 14861488, status: active. Main activity: Retail sale of watches and jewellery. According to EMTA, turnover for Q3 2026 was €67 818 with employees.

Turnover
67 818 €
↑ 55.3% vs Q2 2026
State taxes
4 193 €
↑ 0.7% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Retail trade · EMTAK 47

  • Turnover · Q3 2026 67 818 €
    industry median 23 652 € · companies in the industry: 7 652
  • Revenue · 2025 160 298 €
    industry median 16 974 € · companies in the industry: 13 500
  • Net profit margin · 2025 45.1 %
    industry median 1.3 % · companies in the industry: 9 480

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 67 818 € · +55.3% vs Q2 2026 · industry median 23 652 € · above 69% of the industry
020 00040 00060 00080 000Q4 2023 Company: 29 406 € Industry median: 26 822 €Q4·23Q1 2024 Company: 9 704 € Industry median: 23 246 €Q2 2024 Company: 29 744 € Industry median: 26 103 €Q2·24Q3 2024 Company: 10 793 € Industry median: 24 905 €Q4 2024 Company: 14 327 € Industry median: 25 283 €Q4·24Q1 2025 Company: 22 711 € Industry median: 21 556 €Q2 2025 Company: 18 841 € Industry median: 24 404 €Q2·25Q3 2025 Company: 25 850 € Industry median: 24 441 €Q4 2025 Company: 18 321 € Industry median: 23 532 €Q4·25Q1 2026 Company: 32 015 € Industry median: 20 253 €Q2 2026 Company: 43 663 € Industry median: 23 917 €Q2·26Q3 2026 Company: 67 818 € Industry median: 23 652 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 14 327 € Industry median: 25 283 €Q1 2025 Company: 22 711 € Industry median: 21 556 €Q1·25Q2 2025 Company: 18 841 € Industry median: 24 404 €Q3 2025 Company: 25 850 € Industry median: 24 441 €Q3·25Q4 2025 Company: 18 321 € Industry median: 23 532 €Q1 2026 Company: 32 015 € Industry median: 20 253 €Q1·26Q2 2026 Company: 43 663 € Industry median: 23 917 €Q3 2026 Company: 67 818 € Industry median: 23 652 €Q3·26
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 4 193 € · +0.7% vs Q2 2026
01 0002 0003 0004 0005 000Q4 2023 Company: 798 €Q4·23Q1 2024 Company: 1 256 €Q2 2024 Company: 1 598 €Q2·24Q3 2024 Company: 1 488 €Q4 2024 Company: 958 €Q4·24Q1 2025 Company: 813 €Q2 2025 Company: 2 396 €Q2·25Q3 2025 Company: 2 515 €Q4 2025 Company: 2 131 €Q4·25Q1 2026 Company: 3 150 €Q2 2026 Company: 4 162 €Q2·26Q3 2026 Company: 4 193 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 958 €Q1 2025 Company: 813 €Q1·25Q2 2025 Company: 2 396 €Q3 2025 Company: 2 515 €Q3·25Q4 2025 Company: 2 131 €Q1 2026 Company: 3 150 €Q1·26Q2 2026 Company: 4 162 €Q3 2026 Company: 4 193 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 67 818 4 193 — —
Q2 2026 43 663 4 162 — —
Q1 2026 32 015 3 150 — —
Q4 2025 18 321 2 131 — —
Q3 2025 25 850 2 515 — —
Q2 2025 18 841 2 396 — —
Q1 2025 22 711 813 — —
Q4 2024 14 327 958 — —
Q3 2024 10 793 1 488 — —
Q2 2024 29 744 1 598 — —
Q1 2024 9 704 1 256 — —
Q4 2023 29 406 798 — —
Q3 2023 14 352 1 304 — —
Q2 2023 17 350 3 233 — —
Q1 2023 21 561 3 981 — —
Q4 2022 20 003 3 618 — —
Q3 2022 17 979 3 172 — —
Q2 2022 17 618 3 276 — —
Q1 2022 20 279 3 861 — —

Financials by year

2020 – 2025
Revenue, € thousand 2025: 160 298 € · +33.5% vs 2024 · industry median 16 974 € · above 79% of the industry
0501001502002020 Company: 38 843 € Industry median: 21 390 €20202021 Company: 62 376 € Industry median: 23 333 €20212022 Company: 70 730 € Industry median: 22 891 €20222023 Company: 87 028 € Industry median: 20 218 €20232024 Company: 120 033 € Industry median: 18 875 €20242025 Company: 160 298 € Industry median: 16 974 €20250501001502002020 Company: 38 843 € Industry median: 21 390 €2021 Company: 62 376 € Industry median: 23 333 €20212022 Company: 70 730 € Industry median: 22 891 €2023 Company: 87 028 € Industry median: 20 218 €20232024 Company: 120 033 € Industry median: 18 875 €2025 Company: 160 298 € Industry median: 16 974 €2025
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 72 267 € · +63.5% vs 2024 · industry median 0 € · above 98% of the industry
020 00040 00060 00080 0002020 Company: 14 550 € Industry median: 98 €20202021 Company: 23 709 € Industry median: 245 €20212022 Company: 27 593 € Industry median: 96 €20222023 Company: 35 864 € Industry median: 20 €20232024 Company: 44 205 € Industry median: 0 €20242025 Company: 72 267 € Industry median: 0 €2025020 00040 00060 00080 0002020 Company: 14 550 € Industry median: 98 €2021 Company: 23 709 € Industry median: 245 €20212022 Company: 27 593 € Industry median: 96 €2023 Company: 35 864 € Industry median: 20 €20232024 Company: 44 205 € Industry median: 0 €2025 Company: 72 267 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 45.1 % · +8.3 pp vs the year before · industry median 1.3 % · above 93% of the industry
010203040502020 Company: 37.5 % Industry median: 2.7 %20202021 Company: 38.0 % Industry median: 3.3 %20212022 Company: 39.0 % Industry median: 2.8 %20222023 Company: 41.2 % Industry median: 2.2 %20232024 Company: 36.8 % Industry median: 1.5 %20242025 Company: 45.1 % Industry median: 1.3 %2025010203040502020 Company: 37.5 % Industry median: 2.7 %2021 Company: 38.0 % Industry median: 3.3 %20212022 Company: 39.0 % Industry median: 2.8 %2023 Company: 41.2 % Industry median: 2.2 %20232024 Company: 36.8 % Industry median: 1.5 %2025 Company: 45.1 % Industry median: 1.3 %2025
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 228 525 € · +50.1% vs 2024
0501001502002502020 Company: 14 550 €20202021 Company: 40 090 €20212022 Company: 67 697 €20222023 Company: 107 303 €20232024 Company: 152 213 €20242025 Company: 228 525 €20250501001502002502020 Company: 14 550 €2021 Company: 40 090 €20212022 Company: 67 697 €2023 Company: 107 303 €20232024 Company: 152 213 €2025 Company: 228 525 €2025
Equity, € thousand 2025: 220 687 € · +48.7% vs 2024
0501001502002502020 Company: 14 550 €20202021 Company: 38 258 €20212022 Company: 65 851 €20222023 Company: 104 215 €20232024 Company: 148 420 €20242025 Company: 220 687 €20250501001502002502020 Company: 14 550 €2021 Company: 38 258 €20212022 Company: 65 851 €2023 Company: 104 215 €20232024 Company: 148 420 €2025 Company: 220 687 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02020 Company: 0 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02020 Company: 0 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 22025 Company: 0 Industry median: 22025
  • Company
  • Industry median

Industry: Retail trade (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 160 298 72 267 0 228 525 220 687 0
2024 120 033 44 205 0 152 213 148 420 0
2023 87 028 35 864 0 107 303 104 215 0
2022 70 730 27 593 0 67 697 65 851 0
2021 62 376 23 709 0 40 090 38 258 0
2020 38 843 14 550 0 14 550 14 550 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
45.1 %
Net profit / revenue
Return on equity (ROE)
32.7 %
Net profit / equity
Return on assets (ROA)
31.6 %
Net profit / assets
Equity ratio
96.6 %
Equity / assets
Debt ratio
3.4 %
Liabilities / assets
Current ratio
29.16
Current assets / current liabilities

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 12 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 24 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 21 Jun 2022 Company’s own e-Äriregister
2020 4 Dec 2019 – 31 Dec 2020 9 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

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 47771Retail sale of watches and jewellery Main
  • 73111Activities of advertising agencies

Rulings 4

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50134479 / 4
1 Sep 2023
 Amendment entry In force
1 Sep 2023
 PDF
Ä 50134479 / 3
3 Jul 2023
 Amendment entry In force
3 Jul 2023
 PDF
Ä 50134479 / 2
17 Dec 2019
 Amendment entry In force
17 Dec 2019
 PDF
Ä 50134479
4 Dec 2019
 First entry In force
4 Dec 2019
 PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data