Marine Electrical Engineering OÜ

Active Registry code 16095385 OÜ Registered 11 Nov 2020
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Marine Electrical Engineering OÜ is a OÜ based in , registry code 16095385, status: active. Main activity: Building of ships and floating structures. According to EMTA, turnover for Q1 2024 was €31 950 with employees.

Turnover
31 950 €
↓ 85.3% vs Q4 2023
State taxes
—
Labour taxes
—
Employees
—

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

Position in the industry Manufacture of other transport equipment · EMTAK 30

  • Turnover · Q1 2024 31 950 €
    industry median 31 901 € · companies in the industry: 88
  • Revenue · 2022 461 555 €
    industry median 50 177 € · companies in the industry: 152
  • Net profit margin · 2022 56.8 %
    industry median 4.1 % · companies in the industry: 122

Taxes and turnover

Q1 2022 – Q1 2024
Turnover, € thousand Q1 2024: 31 950 € · −85.3% vs Q4 2023 · industry median 31 901 € · above 50% of the industry
050100150200250Q1 2022 Company: 33 624 € Industry median: 30 072 €Q1·22Q2 2022 Company: 101 293 € Industry median: 38 537 €Q2·22Q3 2022 Company: 172 040 € Industry median: 23 636 €Q3·22Q4 2022 Company: 137 514 € Industry median: 27 723 €Q4·22Q1 2023 Company: 28 268 € Industry median: 24 935 €Q1·23Q2 2023 Company: 29 982 € Industry median: 38 896 €Q2·23Q3 2023 Company: 69 096 € Industry median: 31 673 €Q3·23Q4 2023 Company: 216 686 € Industry median: 31 036 €Q4·23Q1 2024 Company: 31 950 € Industry median: 31 901 €Q1·24050100150200250Q2 2022 Company: 101 293 € Industry median: 38 537 €Q3 2022 Company: 172 040 € Industry median: 23 636 €Q3·22Q4 2022 Company: 137 514 € Industry median: 27 723 €Q1 2023 Company: 28 268 € Industry median: 24 935 €Q1·23Q2 2023 Company: 29 982 € Industry median: 38 896 €Q3 2023 Company: 69 096 € Industry median: 31 673 €Q3·23Q4 2023 Company: 216 686 € Industry median: 31 036 €Q1 2024 Company: 31 950 € Industry median: 31 901 €Q1·24
  • Company
  • Industry median

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

State taxes, € Q4 2023: 870 €
02505007501 0001 250Q1 2022 Company: 674 €Q1·22Q2 2022 Company: 805 €Q2·22Q3 2022 Company: 500 €Q3·22Q4 2022 Company: 506 €Q4·22Q1 2023 Company: 1 008 €Q1·23Q2 2023 Company: —Q2·23Q3 2023 Company: —Q3·23Q4 2023 Company: 870 €Q4·23Q1 2024 Company: —Q1·2402505007501 0001 250Q2 2022 Company: 805 €Q3 2022 Company: 500 €Q3·22Q4 2022 Company: 506 €Q1 2023 Company: 1 008 €Q1·23Q2 2023 Company: —Q3 2023 Company: —Q3·23Q4 2023 Company: 870 €Q1 2024 Company: —Q1·24
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q1 2024 31 950 — — —
Q4 2023 216 686 870 — —
Q3 2023 69 096 — — —
Q2 2023 29 982 — — —
Q1 2023 28 268 1 008 1 045 —
Q4 2022 137 514 506 506 —
Q3 2022 172 040 500 538 —
Q2 2022 101 293 805 836 —
Q1 2022 33 624 674 703 —

Financials by year

2021 – 2022
Revenue, € thousand 2022: 461 555 € · +103.4% vs 2021 · industry median 50 177 € · above 78% of the industry
01002003004005002021 Company: 226 975 € Industry median: 61 656 €20212022 Company: 461 555 € Industry median: 50 177 €202201002003004005002021 Company: 226 975 € Industry median: 61 656 €2022 Company: 461 555 € Industry median: 50 177 €2022
  • Company
  • Industry median

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

Net profit, € thousand 2022: 262 137 € · +1 647.6% vs 2021 · industry median 595 € · above 98% of the industry
01002003002021 Company: 15 000 € Industry median: 1 295 €20212022 Company: 262 137 € Industry median: 595 €202201002003002021 Company: 15 000 € Industry median: 1 295 €2022 Company: 262 137 € Industry median: 595 €2022
  • Company
  • Industry median

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

Net profit margin, % 2022: 56.8 % · +50.2 pp vs the year before · industry median 4.1 % · above 92% of the industry
02040602021 Company: 6.6 % Industry median: 5.9 %20212022 Company: 56.8 % Industry median: 4.1 %202202040602021 Company: 6.6 % Industry median: 5.9 %2022 Company: 56.8 % Industry median: 4.1 %2022
  • Company
  • Industry median

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

Assets, € thousand 2022: 310 367 € · +1 506.5% vs 2021
01002003004002021 Company: 19 320 €20212022 Company: 310 367 €202201002003004002021 Company: 19 320 €2022 Company: 310 367 €2022
Equity, € thousand 2022: 279 637 € · +1 497.9% vs 2021
01002003002021 Company: 17 500 €20212022 Company: 279 637 €202201002003002021 Company: 17 500 €2022 Company: 279 637 €2022
Employees 2022: 3 · +200.0% vs 2021 · industry median 3 · above 50% of the industry
01232021 Company: 1 Industry median: 320212022 Company: 3 Industry median: 3202201232021 Company: 1 Industry median: 32022 Company: 3 Industry median: 32022
  • Company
  • Industry median

Industry: Manufacture of other transport equipment (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
2022 461 555 262 137 96 186 310 367 279 637 3
2021 226 975 15 000 53 509 19 320 17 500 1

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2022

Net profit margin
56.8 %
Net profit / revenue
Return on equity (ROE)
93.7 %
Net profit / equity
Return on assets (ROA)
84.5 %
Net profit / assets
Equity ratio
90.1 %
Equity / assets
Debt ratio
9.9 %
Liabilities / assets
Current ratio
10.10
Current assets / current liabilities
Revenue per employee
153 852 €
Revenue / average full-time employees
Labour cost per employee per month
2 672 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 11 Nov 2020 – 31 Dec 2021 31 Mar 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

  • Mihkel Tigas
    Member of a senior management body (management or supervisory board) · since 6 Jun 2023

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 3011Building of ships and floating structures Main
Rulings
Number, date Title Deadline State Document
Ä 50159535 / M4
9 Sep 2024
Fine for not filing the report 10 Oct 2024 In force
11 Oct 2024
PDF
Ä 50159535 / M3
17 Jul 2024
Warning of a fine: annual report not filed 16 Aug 2024 In force
17 Jul 2024
PDF
Ä 50159535 / M2
16 Apr 2024
Demand to pay the state fee 15 May 2024 In force
16 May 2024
PDF
Ä 50159535 / 5
15 Mar 2024
Entry made by the register on its own initiative In force
15 Mar 2024
PDF
Ä 50159535 / 4
31 Oct 2023
Amendment entry In force
31 Oct 2023
PDF
Ä 50159535 / M1
30 Oct 2023
Ruling to eliminate deficiencies 14 Nov 2023 Deficiencies eliminated
31 Oct 2023
PDF
Ä 50159535 / 3
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50159535 / 2
14 Jun 2023
Amendment entry In force
14 Jun 2023
PDF
Ä 50159535
11 Nov 2020
First entry In force
11 Nov 2020
PDF

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