MS Research OÜ is a OÜ based in Tallinn, registry code 16191730, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €148 900 with 1 employees.
Turnover
148 900 €
↓ 26.6%vs Q2 2026
State taxes
13 526 €
↓ 36.5%vs Q2 2026
Labour taxes
1 663 €
↑ 54.8%vs Q2 2026
Employees
1
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Computer programming, consultancy and related activities · EMTAK 62
Turnover · Q3 2026148 900 €
above 86% of companies
industry median 19 078 € · companies in the industry: 7 345
Labour taxes per employee1 663 €
above 38% of companies
industry median 2 345 € · companies in the industry: 2 783
Revenue · 2025348 089 €
above 91% of companies
industry median 14 309 € · companies in the industry: 13 336
Net profit margin · 202594.6 %
above 93% of companies
industry median 15.1 % · companies in the industry: 8 943
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 148 900 € · −26.6% vs Q2 2026 · industry median 19 078 € · above 86% of the industry
Company
Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 663 € · +54.8% vs Q2 2026 · industry median 2 345 € · above 38% of the industry
Company
Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 1 · +0.0% vs Q2 2026State taxes, € Q3 2026: 13 526 € · −36.5% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
148 900
13 526
1 663
1
Q2 2026
202 837
21 301
1 074
1
Q1 2026
164 454
6 192
1 558
1
Q4 2025
71 972
13 944
1 558
1
Q3 2025
100 693
3 415
1 558
1
Q2 2025
95 005
6 236
1 558
1
Q1 2025
66 000
7 980
1 477
1
Q4 2024
65 557
6 070
1 394
1
Q3 2024
170 883
5 286
1 394
1
Q2 2024
205 140
17 749
2 427
1
Q1 2024
153 498
5 814
1 738
1
Q4 2023
141 881
2 020
1 233
1
Q3 2023
169 694
2 637
1 233
1
Q2 2023
77 129
1 637
1 233
1
Q1 2023
151 624
5 386
1 789
1
Q4 2022
264 590
3 535
1 122
1
Q3 2022
197 710
2 785
1 122
1
Q2 2022
33 816
1 985
822
1
Q1 2022
34 250
905
743
1
Labour taxes per employee per month
554 €
Turnover per employee in the quarter
148 900 €
Q3 2026 · calculated from EMTA data
Financials by year
2021 – 2025
Revenue, € thousand 2025: 348 089 € · −40.1% vs 2024 · industry median 14 309 € · above 91% of the industry
Company
Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: 329 272 € · −35.3% vs 2024 · industry median 106 € · above 98% of the industry
Company
Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 94.6 % · +7.1 pp vs the year before · industry median 15.1 % · above 93% of the industry
Company
Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 1 676 878 € · +16.5% vs 2024Equity, € thousand 2025: 1 673 590 € · +16.4% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
Company
Industry median
Industry: Computer programming, consultancy and related activities (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
348 089
329 272
14 226
1 676 878
1 673 590
1
2024
581 420
508 777
13 194
1 439 976
1 437 818
1
2023
526 793
474 472
11 641
1 042 339
1 037 526
1
2022
561 561
530 513
10 597
602 244
599 683
1
2021
108 730
93 671
6 315
94 874
93 671
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 2025
Net profit margin
94.6 %
Net profit / revenue
Return on equity (ROE)
19.7 %
Net profit / equity
Return on assets (ROA)
19.6 %
Net profit / assets
Equity ratio
99.8 %
Equity / assets
Debt ratio
0.2 %
Liabilities / assets
Current ratio
376.94
Current assets / current liabilities
Revenue per employee
348 089 €
Revenue / average full-time employees
Labour cost per employee per month
1 186 €
Labour costs / employees / 12 months (incl. employer taxes)
