Mahevara OÜ

Active Registry code 16019527 OÜ Tartu linn Registered 30 Jul 2020
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Mahevara OÜ is a OÜ based in Tartu linn, registry code 16019527, status: active. Main activity: Distribution of electricity. According to EMTA, turnover for Q3 2026 was €481 with employees.

Turnover
481 €
↑ 62.5% vs Q2 2026
State taxes
42 €
↑ 180.0% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Electricity, gas, steam and air conditioning supply · EMTAK 35

  • Turnover · Q3 2026 481 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 1 962 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 -151.9 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 481 € · +62.5% vs Q2 2026 · industry median 3 039 € · above 10% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 1 365 € Industry median: 3 548 €Q4·23Q1 2024 Company: 85 € Industry median: 919 €Q2 2024 Company: 554 € Industry median: 3 798 €Q2·24Q3 2024 Company: 1 923 € Industry median: 4 925 €Q4 2024 Company: 1 131 € Industry median: 3 257 €Q4·24Q1 2025 Company: 83 € Industry median: 1 195 €Q2 2025 Company: 525 € Industry median: 3 174 €Q2·25Q3 2025 Company: 636 € Industry median: 2 640 €Q4 2025 Company: 728 € Industry median: 2 889 €Q4·25Q1 2026 Company: 60 € Industry median: 1 972 €Q2 2026 Company: 296 € Industry median: 2 924 €Q2·26Q3 2026 Company: 481 € Industry median: 3 039 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 1 131 € Industry median: 3 257 €Q1 2025 Company: 83 € Industry median: 1 195 €Q1·25Q2 2025 Company: 525 € Industry median: 3 174 €Q3 2025 Company: 636 € Industry median: 2 640 €Q3·25Q4 2025 Company: 728 € Industry median: 2 889 €Q1 2026 Company: 60 € Industry median: 1 972 €Q1·26Q2 2026 Company: 296 € Industry median: 2 924 €Q3 2026 Company: 481 € Industry median: 3 039 €Q3·26
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 42 € · +180.0% vs Q2 2026
0100200300400Q4 2023 Company: 218 €Q4·23Q1 2024 Company: —Q2 2024 Company: 66 €Q2·24Q3 2024 Company: 362 €Q4 2024 Company: 186 €Q4·24Q1 2025 Company: —Q2 2025 Company: 28 €Q2·25Q3 2025 Company: 99 €Q4 2025 Company: 103 €Q4·25Q1 2026 Company: —Q2 2026 Company: 15 €Q2·26Q3 2026 Company: 42 €Q3·26050100150200Q4 2024 Company: 186 €Q1 2025 Company: —Q1·25Q2 2025 Company: 28 €Q3 2025 Company: 99 €Q3·25Q4 2025 Company: 103 €Q1 2026 Company: —Q1·26Q2 2026 Company: 15 €Q3 2026 Company: 42 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 481 42 — —
Q2 2026 296 15 — —
Q1 2026 60 — — —
Q4 2025 728 103 — —
Q3 2025 636 99 — —
Q2 2025 525 28 — —
Q1 2025 83 — — —
Q4 2024 1 131 186 — —
Q3 2024 1 923 362 — —
Q2 2024 554 66 — —
Q1 2024 85 — — —
Q4 2023 1 365 218 — —
Q3 2023 1 997 344 — —
Q2 2023 956 136 — —
Q1 2023 167 — — —
Q4 2022 5 363 1 023 — —
Q3 2022 5 836 1 102 — —
Q2 2022 2 005 376 — —
Q1 2022 155 11 — —

Financials by year

2021 – 2025
Revenue, € 2025: 1 962 € · −46.9% vs 2024 · industry median 3 747 € · above 39% of the industry
05 00010 00015 0002021 Company: 4 555 € Industry median: 4 398 €20212022 Company: 13 372 € Industry median: 13 412 €20222023 Company: 4 448 € Industry median: 4 448 €20232024 Company: 3 694 € Industry median: 4 456 €20242025 Company: 1 962 € Industry median: 3 747 €202505 00010 00015 0002021 Company: 4 555 € Industry median: 4 398 €20212022 Company: 13 372 € Industry median: 13 412 €2023 Company: 4 448 € Industry median: 4 448 €20232024 Company: 3 694 € Industry median: 4 456 €2025 Company: 1 962 € Industry median: 3 747 €2025
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -2 981 € · −223.1% vs 2024 · industry median 0 € · above 24% of the industry
-5 00005 00010 00015 0002021 Company: 3 759 € Industry median: 101 €20212022 Company: 12 931 € Industry median: 1 580 €20222023 Company: 3 478 € Industry median: 0 €20232024 Company: 2 421 € Industry median: 0 €20242025 Company: -2 981 € Industry median: 0 €2025-5 00005 00010 00015 0002021 Company: 3 759 € Industry median: 101 €20212022 Company: 12 931 € Industry median: 1 580 €2023 Company: 3 478 € Industry median: 0 €20232024 Company: 2 421 € Industry median: 0 €2025 Company: -2 981 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -151.9 % · −217.5 pp vs the year before · industry median 3.6 % · above 11% of the industry
-200-150-100-500501002021 Company: 82.5 % Industry median: 23.4 %20212022 Company: 96.7 % Industry median: 51.2 %20222023 Company: 78.2 % Industry median: 15.7 %20232024 Company: 65.5 % Industry median: 4.5 %20242025 Company: -151.9 % Industry median: 3.6 %2025-200-150-100-500501002021 Company: 82.5 % Industry median: 23.4 %20212022 Company: 96.7 % Industry median: 51.2 %2023 Company: 78.2 % Industry median: 15.7 %20232024 Company: 65.5 % Industry median: 4.5 %2025 Company: -151.9 % Industry median: 3.6 %2025
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 23 701 € · −11.2% vs 2024
020 00040 00060 0002021 Company: 42 537 €20212022 Company: 55 762 €20222023 Company: 30 247 €20232024 Company: 26 677 €20242025 Company: 23 701 €2025020 00040 00060 0002021 Company: 42 537 €20212022 Company: 55 762 €2023 Company: 30 247 €20232024 Company: 26 677 €2025 Company: 23 701 €2025
Equity, € 2025: 19 577 € · −13.2% vs 2024
05 00010 00015 00020 00025 0002021 Company: 3 728 €20212022 Company: 16 659 €20222023 Company: 20 137 €20232024 Company: 22 558 €20242025 Company: 19 577 €202505 00010 00015 00020 00025 0002021 Company: 3 728 €20212022 Company: 16 659 €2023 Company: 20 137 €20232024 Company: 22 558 €2025 Company: 19 577 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02021 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: Electricity, gas, steam and air conditioning supply (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 1 962 -2 981 0 23 701 19 577 0
2024 3 694 2 421 0 26 677 22 558 0
2023 4 448 3 478 0 30 247 20 137 0
2022 13 372 12 931 0 55 762 16 659 0
2021 4 555 3 759 0 42 537 3 728 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
-151.9 %
Net profit / revenue
Return on equity (ROE)
-15.2 %
Net profit / equity
Return on assets (ROA)
-12.6 %
Net profit / assets
Equity ratio
82.6 %
Equity / assets
Debt ratio
17.4 %
Liabilities / assets
Current ratio
0.52
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 27 Mar 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 9 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 3 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 25 Apr 2023 Company’s own e-Äriregister
2021 30 Jul 2020 – 31 Dec 2021 28 Jun 2022 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

  • Aigar Meus
    Direct ownership · since 30 Jul 2020

Founders and other persons

  • Aigar Meus
    Founder · 2 500 € · 30 Jul 2020
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 35141Distribution of electricity Main
Rulings
Number, date Title Deadline State Document
Ä 50151369 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50151369
30 Jul 2020
First entry In force
30 Jul 2020
PDF

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