MAD MUST OÜ

Active Registry code 16249629 OÜ Tallinn Registered 11 Jun 2021
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MAD MUST OÜ is a OÜ based in Tallinn, registry code 16249629, status: active. Main activity: Manufacture of underwear. According to EMTA, turnover for Q3 2026 was €0 with employees.

Turnover
0 €
State taxes
—
Labour taxes
—
Employees
—

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

Position in the industry Manufacture of wearing apparel · EMTAK 14

  • Revenue · 2025 0 €
    industry median 6 431 € · companies in the industry: 830

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 0 € · industry median 14 653 € · above 2% of the industry
05 00010 00015 00020 00025 000Q4 2023 Company: 362 € Industry median: 20 656 €Q4·23Q1 2024 Company: 1 312 € Industry median: 17 399 €Q2 2024 Company: 320 € Industry median: 18 114 €Q2·24Q3 2024 Company: 0 € Industry median: 19 632 €Q4 2024 Company: 602 € Industry median: 18 919 €Q4·24Q1 2025 Company: 121 € Industry median: 18 079 €Q2 2025 Company: 51 € Industry median: 17 692 €Q2·25Q3 2025 Company: 68 € Industry median: 17 208 €Q4 2025 Company: 51 € Industry median: 17 744 €Q4·25Q1 2026 Company: 27 € Industry median: 16 230 €Q2 2026 Company: 0 € Industry median: 16 749 €Q2·26Q3 2026 Company: 0 € Industry median: 14 653 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 602 € Industry median: 18 919 €Q1 2025 Company: 121 € Industry median: 18 079 €Q1·25Q2 2025 Company: 51 € Industry median: 17 692 €Q3 2025 Company: 68 € Industry median: 17 208 €Q3·25Q4 2025 Company: 51 € Industry median: 17 744 €Q1 2026 Company: 27 € Industry median: 16 230 €Q1·26Q2 2026 Company: 0 € Industry median: 16 749 €Q3 2026 Company: 0 € Industry median: 14 653 €Q3·26
  • Company
  • Industry median

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

State taxes, € Q1 2025: 15 € · −87.7% vs Q4 2024
0100200300Q4 2023 Company: 17 €Q4·23Q1 2024 Company: 267 €Q2 2024 Company: 70 €Q2·24Q3 2024 Company: —Q4 2024 Company: 122 €Q4·24Q1 2025 Company: 15 €Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·260255075100125Q4 2024 Company: 122 €Q1 2025 Company: 15 €Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — — — —
Q2 2026 — — — —
Q1 2026 27 — — —
Q4 2025 51 — — —
Q3 2025 68 — — —
Q2 2025 51 — — —
Q1 2025 121 15 — —
Q4 2024 602 122 — —
Q3 2024 — — — —
Q2 2024 320 70 — —
Q1 2024 1 312 267 — —
Q4 2023 362 17 — —
Q3 2023 494 86 — —
Q2 2023 163 31 — —
Q1 2023 5 — — —
Q4 2022 50 9 — —
Q3 2022 — — — —
Q2 2022 1 645 — — —
Q1 2022 — — — —

Financials by year

2021 – 2025
Revenue, € 2025: 0 € · −100.0% vs 2024 · industry median 6 431 € · above 5% of the industry
02 0004 0006 0008 0002021 Company: 0 € Industry median: 6 938 €20212022 Company: 0 € Industry median: 7 238 €20222023 Company: 782 € Industry median: 6 372 €20232024 Company: 2 240 € Industry median: 5 941 €20242025 Company: 0 € Industry median: 6 431 €202502 0004 0006 0008 0002021 Company: 0 € Industry median: 6 938 €20212022 Company: 0 € Industry median: 7 238 €2023 Company: 782 € Industry median: 6 372 €20232024 Company: 2 240 € Industry median: 5 941 €2025 Company: 0 € Industry median: 6 431 €2025
  • Company
  • Industry median

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

Net profit, € 2025: -337 € · −117.7% vs 2024 · industry median 2 € · above 25% of the industry
-50005001 0001 5002 0002021 Company: 0 € Industry median: 45 €20212022 Company: 0 € Industry median: 37 €20222023 Company: 51 € Industry median: 10 €20232024 Company: 1 906 € Industry median: 0 €20242025 Company: -337 € Industry median: 2 €2025-50005001 0001 5002 0002021 Company: 0 € Industry median: 45 €20212022 Company: 0 € Industry median: 37 €2023 Company: 51 € Industry median: 10 €20232024 Company: 1 906 € Industry median: 0 €2025 Company: -337 € Industry median: 2 €2025
  • Company
  • Industry median

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

Net profit margin, % 2024: 85.1 % · industry median 1.6 % · above 98% of the industry
0204060801002021 Company: — Industry median: 3.2 %20212022 Company: — Industry median: 3.4 %20222023 Company: — Industry median: 2.2 %20232024 Company: 85.1 % Industry median: 1.6 %20242025 Company: — Industry median: 2.5 %20250204060801002021 Company: — Industry median: 3.2 %20212022 Company: — Industry median: 3.4 %2023 Company: — Industry median: 2.2 %20232024 Company: 85.1 % Industry median: 1.6 %2025 Company: — Industry median: 2.5 %2025
  • Company
  • Industry median

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

Assets, € 2025: 11 992 € · −2.7% vs 2024
02 5005 0007 50010 00012 5002021 Company: 5 500 €20212022 Company: 9 650 €20222023 Company: 9 747 €20232024 Company: 12 326 €20242025 Company: 11 992 €202502 5005 0007 50010 00012 5002021 Company: 5 500 €20212022 Company: 9 650 €2023 Company: 9 747 €20232024 Company: 12 326 €2025 Company: 11 992 €2025
Equity, € 2025: 4 158 € · −7.5% vs 2024
01 0002 0003 0004 0005 0002021 Company: 2 500 €20212022 Company: 2 500 €20222023 Company: 2 588 €20232024 Company: 4 494 €20242025 Company: 4 158 €202501 0002 0003 0004 0005 0002021 Company: 2 500 €20212022 Company: 2 500 €2023 Company: 2 588 €20232024 Company: 4 494 €2025 Company: 4 158 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Manufacture of wearing apparel (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 0 -337 0 11 992 4 158 0
2024 2 240 1 906 0 12 326 4 494 0
2023 782 51 0 9 747 2 588 0
2022 0 0 0 9 650 2 500 0
2021 0 0 0 5 500 2 500 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

Return on equity (ROE)
-8.1 %
Net profit / equity
Return on assets (ROA)
-2.8 %
Net profit / assets
Equity ratio
34.7 %
Equity / assets
Debt ratio
65.3 %
Liabilities / assets
Current ratio
0.30
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 12 May 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 13 Mar 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Feb 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 19 May 2023 Company’s own e-Äriregister
2021 11 Jun 2021 – 31 Dec 2021 1 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

  • Joonas Sarapuu
    Member of a senior management body (management or supervisory board) · since 11 Jun 2021

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 14221Manufacture of underwear Main

Rulings 3

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50176024 / 2
3 Sep 2023
 Amendment entry In force
3 Sep 2023
 PDF
Ä 50176024
11 Jun 2021
 First entry In force
11 Jun 2021
 PDF
Ä 50176024 / M1
10 Jun 2021
 Ruling to eliminate deficiencies 25 Jun 2021 Deficiencies eliminated
11 Jun 2021
 PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data