MJ Property Development OÜ

Active Registry code 16854075 OÜ Tallinn Registered 6 Nov 2023
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MJ Property Development OÜ is a OÜ based in Tallinn, registry code 16854075, status: active. Main activity: Development of building projects. According to EMTA, turnover for Q3 2026 was €4 874 with employees.

Turnover
4 874 €
↑ 445.2% vs Q2 2026
State taxes
582 €
↓ 59.4% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 4 874 €
    industry median 15 029 € · companies in the industry: 7 444
  • Revenue · 2025 41 566 €
    industry median 13 620 € · companies in the industry: 30 470
  • Net profit margin · 2025 61.3 %
    industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 4 874 € · +445.2% vs Q2 2026 · industry median 15 029 € · above 27% of the industry
05 00010 00015 00020 000Q4 2023 Company: 0 € Industry median: 14 894 €Q4·23Q1 2024 Company: 0 € Industry median: 15 029 €Q2 2024 Company: 0 € Industry median: 14 045 €Q2·24Q3 2024 Company: 7 488 € Industry median: 14 441 €Q4 2024 Company: 12 537 € Industry median: 14 605 €Q4·24Q1 2025 Company: 13 671 € Industry median: 14 686 €Q2 2025 Company: 12 282 € Industry median: 14 302 €Q2·25Q3 2025 Company: 8 008 € Industry median: 14 276 €Q4 2025 Company: 5 858 € Industry median: 14 465 €Q4·25Q1 2026 Company: 12 158 € Industry median: 14 753 €Q2 2026 Company: 894 € Industry median: 14 601 €Q2·26Q3 2026 Company: 4 874 € Industry median: 15 029 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 12 537 € Industry median: 14 605 €Q1 2025 Company: 13 671 € Industry median: 14 686 €Q1·25Q2 2025 Company: 12 282 € Industry median: 14 302 €Q3 2025 Company: 8 008 € Industry median: 14 276 €Q3·25Q4 2025 Company: 5 858 € Industry median: 14 465 €Q1 2026 Company: 12 158 € Industry median: 14 753 €Q1·26Q2 2026 Company: 894 € Industry median: 14 601 €Q3 2026 Company: 4 874 € Industry median: 15 029 €Q3·26
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 582 € · −59.4% vs Q2 2026
01 0002 0003 000Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 2024 Company: 969 €Q4 2024 Company: 2 349 €Q4·24Q1 2025 Company: 2 805 €Q2 2025 Company: 2 209 €Q2·25Q3 2025 Company: 1 032 €Q4 2025 Company: 1 265 €Q4·25Q1 2026 Company: 2 890 €Q2 2026 Company: 1 435 €Q2·26Q3 2026 Company: 582 €Q3·2601 0002 0003 000Q4 2024 Company: 2 349 €Q1 2025 Company: 2 805 €Q1·25Q2 2025 Company: 2 209 €Q3 2025 Company: 1 032 €Q3·25Q4 2025 Company: 1 265 €Q1 2026 Company: 2 890 €Q1·26Q2 2026 Company: 1 435 €Q3 2026 Company: 582 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 4 874 582 — —
Q2 2026 894 1 435 — —
Q1 2026 12 158 2 890 — —
Q4 2025 5 858 1 265 — —
Q3 2025 8 008 1 032 — —
Q2 2025 12 282 2 209 — —
Q1 2025 13 671 2 805 — —
Q4 2024 12 537 2 349 — —
Q3 2024 7 488 969 — —
Q2 2024 — — — —
Q1 2024 — — — —
Q4 2023 — — — —

Financials by year

2024 – 2025
Revenue, € 2025: 41 566 € · +81.0% vs 2024 · industry median 13 620 € · above 76% of the industry
010 00020 00030 00040 00050 0002024 Company: 22 966 € Industry median: 12 863 €20242025 Company: 41 566 € Industry median: 13 620 €2025010 00020 00030 00040 00050 0002024 Company: 22 966 € Industry median: 12 863 €2025 Company: 41 566 € Industry median: 13 620 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 25 495 € · +119.4% vs 2024 · industry median 283 € · above 87% of the industry
010 00020 00030 0002024 Company: 11 622 € Industry median: 256 €20242025 Company: 25 495 € Industry median: 283 €2025010 00020 00030 0002024 Company: 11 622 € Industry median: 256 €2025 Company: 25 495 € Industry median: 283 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 61.3 % · +10.7 pp vs the year before · industry median 5.9 % · above 83% of the industry
0204060802024 Company: 50.6 % Industry median: 5.9 %20242025 Company: 61.3 % Industry median: 5.9 %20250204060802024 Company: 50.6 % Industry median: 5.9 %2025 Company: 61.3 % Industry median: 5.9 %2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 41 134 € · +162.7% vs 2024
010 00020 00030 00040 00050 0002024 Company: 15 660 €20242025 Company: 41 134 €2025010 00020 00030 00040 00050 0002024 Company: 15 660 €2025 Company: 41 134 €2025
Equity, € 2025: 39 617 € · +180.5% vs 2024
010 00020 00030 00040 0002024 Company: 14 122 €20242025 Company: 39 617 €2025010 00020 00030 00040 0002024 Company: 14 122 €2025 Company: 39 617 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Real estate 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 41 566 25 495 0 41 134 39 617 0
2024 22 966 11 622 0 15 660 14 122 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
61.3 %
Net profit / revenue
Return on equity (ROE)
64.4 %
Net profit / equity
Return on assets (ROA)
62.0 %
Net profit / assets
Equity ratio
96.3 %
Equity / assets
Debt ratio
3.7 %
Liabilities / assets
Current ratio
15.21
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 15 Jun 2026 Company’s own e-Äriregister
2024 6 Nov 2023 – 31 Dec 2024 27 Jun 2025 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

Owner in

Beneficial owners

  • Marti Järve
    Member of a senior management body (management or supervisory board) · since 6 Nov 2023

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68121Development of building projects Main

Rulings 1

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50240946
6 Nov 2023
 First entry In force
6 Nov 2023
 PDF

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