modesing OÜ

Active Registry code 14903562 OÜ Tallinn Registered 3 Feb 2020

modesing OÜ is a OÜ based in Tallinn, registry code 14903562, status: active. Main activity: Manufacture of furniture, except mattresses. According to EMTA, turnover for Q3 2026 was €5 992 with employees.

Turnover

5 992 €

↓ 27.8% vs Q2 2026

State taxes

557 €

↓ 68.7% vs Q2 2026

Labour taxes

365 €

↓ 46.8% vs Q2 2026

Employees

—

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

Position in the industry Manufacture of furniture · EMTAK 31

Turnover · Q3 2026 5 992 €

above 17% of companies

industry median 30 440 € · companies in the industry: 721
Revenue · 2025 35 644 €

above 43% of companies

industry median 50 390 € · companies in the industry: 970
Net profit margin · 2025 15.4 %

above 85% of companies

industry median 1.1 % · companies in the industry: 795

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 5 992 € · −27.8% vs Q2 2026 · industry median 30 440 € · above 17% of the industry

Company
Industry median

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

Labour taxes per employee, € Q1 2026: 702 € · +108.3% vs Q4 2025 · industry median 1 381 € · above 14% of the industry

Company
Industry median

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

Employees Q1 2026: 1 · +0.0% vs Q4 2025

State taxes, € Q3 2026: 557 € · −68.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	5 992	557	365	—
Q2 2026	8 297	1 778	686	—
Q1 2026	10 488	2 097	702	1
Q4 2025	4 535	1 239	337	1
Q3 2025	11 067	2 287	689	1
Q2 2025	9 644	1 650	587	1
Q1 2025	16 240	792	31	1
Q4 2024	12 019	1 014	280	1
Q3 2024	18 689	1 159	560	1
Q2 2024	8 558	987	560	1
Q1 2024	14 218	2 624	614	1
Q4 2023	8 483	2 469	840	1
Q3 2023	19 420	4 119	840	1
Q2 2023	6 842	1 155	560	1
Q1 2023	3 467	579	—	1
Q4 2022	11 386	719	415	1
Q3 2022	15 877	1 532	—	1
Q2 2022	5 695	1 503	934	1
Q1 2022	7 214	1 740	135	1

Financials by year

2020 – 2025

Revenue, € 2025: 35 644 € · −39.8% vs 2024 · industry median 50 390 € · above 43% of the industry

Company
Industry median

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

Net profit, € 2025: 5 479 € · −34.7% vs 2024 · industry median 124 € · above 74% of the industry

Company
Industry median

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

Net profit margin, % 2025: 15.4 % · +1.2 pp vs the year before · industry median 1.1 % · above 85% of the industry

Company
Industry median

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

Assets, € 2025: 51 628 € · +19.1% vs 2024

Equity, € 2025: 45 993 € · +13.5% vs 2024

Employees 2025: 0 · industry median 2 · above 2% of the industry

Company
Industry median

Industry: Manufacture of furniture (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, €
2025	35 644	5 479	6 583	51 628	45 993
2024	59 183	8 388	8 777	43 351	40 514
2023	40 448	6 409	7 760	40 592	32 126
2022	41 272	15 403	5 229	35 821	25 717
2021	27 869	6 724	2 684	20 297	10 314
2020	17 381	713	0	7 334	713

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

15.4 %

Net profit / revenue

Return on equity (ROE)

11.9 %

Net profit / equity

Return on assets (ROA)

10.6 %

Net profit / assets

Equity ratio

89.1 %

Equity / assets

Debt ratio

10.9 %

Liabilities / assets

Current ratio

2.57

Current assets / current liabilities

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	5 Aug 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	19 Feb 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	18 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	8 Jan 2024	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	28 Nov 2022	Company’s own	e-Äriregister
2020	3 Feb 2020 – 31 Dec 2020	1 Nov 2021	Company’s own	e-Äriregister

Board

Henri Mikk
Board member · since 3 Feb 2020

Right of representation

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

Owners

Henri Mikk
Natural person · 2 500 €

100%

Beneficial owners

Henri Mikk
Member of a senior management body (management or supervisory board) · since 3 Feb 2020

Founders and other persons

Henri Mikk
Founder · 2 500 € · 3 Feb 2020

Activities (EMTAK)

31001Manufacture of furniture, except mattresses Main

Rulings 5

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50137703 / M3 15 Jul 2024	Warning of deletion from the register: annual report not filed	18 Oct 2024	Deficiencies eliminated 19 Jul 2024	PDF
Ä 50137703 / M2 15 Dec 2023	Warning of deletion from the register: annual report not filed	19 Mar 2024	Deficiencies eliminated 9 Jan 2024	PDF
Ä 50137703 / 2 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 50137703 3 Feb 2020	First entry		In force 3 Feb 2020	PDF
Ä 50137703 / M1 20 Jan 2020	Ruling to eliminate deficiencies	19 Feb 2020	Deficiencies eliminated 3 Feb 2020	PDF

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