MTÜ Mihkels Racing Team

Active Registry code 80629605 MTÜ Vao küla Registered 11 Aug 2023
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MTÜ Mihkels Racing Team is a MTÜ based in Vao küla, registry code 80629605, status: active. Main activity: Other sports activities n.e.c.. Its annual report for 2025 shows revenue of €0 and 0 employees.

Revenue
0 €
Employees
0
±0 vs 2024

2025 · annual report, e-Äriregister

Position in the industry Sports activities and amusement and recreation activities · EMTAK 93

  • Revenue · 2025 0 €
    industry median 0 € · companies in the industry: 8 615

Taxes and turnover

No tax data available. EMTA publishes data for those who paid state taxes, filed a VAT return or had employees in the quarter. New and small companies may be missing.

Financials by year

2024 – 2025
Revenue, € 2025: 0 € · industry median 0 € · above 5% of the industry
0.00.00.00.00.00.02024 Company: 0 € Industry median: 0 €20242025 Company: 0 € Industry median: 0 €20250.00.00.00.00.00.02024 Company: 0 € Industry median: 0 €2025 Company: 0 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Sports activities and amusement and recreation activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -1 256 € · +74.3% vs 2024 · industry median 10 € · above 18% of the industry
-5 000-4 000-3 000-2 000-1 00001 0002024 Company: -4 882 € Industry median: 33 €20242025 Company: -1 256 € Industry median: 10 €2025-5 000-4 000-3 000-2 000-1 00001 0002024 Company: -4 882 € Industry median: 33 €2025 Company: -1 256 € Industry median: 10 €2025
  • Company
  • Industry median

Industry: Sports activities and amusement and recreation activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 893 € · −11.1% vs 2024
02505007501 0001 2502024 Company: 1 005 €20242025 Company: 893 €202502505007501 0001 2502024 Company: 1 005 €2025 Company: 893 €2025
Equity, € 2025: -6 311 € · −24.9% vs 2024
-8 000-6 000-4 000-2 00002024 Company: -5 054 €20242025 Company: -6 311 €2025-8 000-6 000-4 000-2 00002024 Company: -5 054 €2025 Company: -6 311 €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: Sports activities and amusement and recreation 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 0 -1 256 0 893 -6 311 0
2024 0 -4 882 0 1 005 -5 054 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
-125.6 %
Net profit / revenue
Return on assets (ROA)
-140.6 %
Net profit / assets
Equity ratio
-706.7 %
Equity / assets
Debt ratio
806.7 %
Liabilities / assets
Current ratio
0.12
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 2026 Company’s own e-Äriregister
2024 11 Aug 2023 – 31 Dec 2024 26 Jun 2025 Company’s own e-Äriregister

Board

Right of representation

Any member of the management board may represent the non-profit association in all transactions.

Owners

No owner information.

Beneficial owners

Founders and other persons

  • Ivo Aal
    Founder (without contribution) · 4 Aug 2023
  • Sander Mihkels
    Founder (without contribution) · 4 Aug 2023
  • Urmas Mihkels
    Founder (without contribution) · 4 Aug 2023
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 93199Other sports activities n.e.c. Main

Rulings 2

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
M 50233981
11 Aug 2023
 First entry In force
11 Aug 2023
 PDF
M 50233981 / M1
2 Aug 2023
 Ruling to eliminate deficiencies 1 Sep 2023 Deficiencies eliminated
11 Aug 2023
 PDF

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