Modirum MDPay OÜ

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 10961031
VAT no.VAT no.:: EE100846203
Fiscal-year periodFiscal-year period:: 01.07 - 30.06
EstablishedEstablished:: 06.08.2003 (23 y)
Former business namesFormer business names:: Osaühing Bradser, Osaühing MDpay
CapitalCapital:: 10 000 EUR
AddressAddress:: Viru väljak 2, Kesklinna linnaosa, Tallinn, Harju maakond, 10111
StatusStatus:: Registered
LEI codeLEI code:: 549300RULJE73U0VTE65

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Contacts

PhonePhone:: +372 6444205
EmailEmail:: schalk@entersekt.com

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Industries

ELECTRONIC COMMUNICATIONS SERVICES, PROGRAMMING, CONSULTANCY, DATA-INFRASTRUCTURE AND OTHER INFORMATION ACTIVITIES
Computer programming, consultancy and related activities
Computer consultancy and systems/database management
Computer consultancy and systems/database management
62202 – Administration of computer systems and databases

VAT liability

VAT no.	Start	End
EE100846203	29.08.2003	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.07.2025 – 30.06.2026	31.12.2026	Not submitted
2024	01.01.2024 – 30.06.2025	27.02.2026	Valid	PDF
2023	01.01.2023 – 31.12.2023	09.07.2025	Valid	PDF
2022	01.01.2022 – 31.12.2022	20.09.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	17.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	08.04.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	03.08.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	16.07.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	15.07.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	08.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	09.05.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	12.05.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	14.08.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	04.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	31.10.2012	Valid	PDF
2011	01.01.2011 – 31.12.2011	03.07.2012	Expired	PDF
2010	01.01.2010 – 31.12.2010	30.06.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	28.05.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	02.07.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	18.06.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	22.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	27.06.2006	Valid	PDF
2004	06.08.2003 – 31.12.2004	20.06.2005	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 30.09.2026.

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Tax debt Reports Declarations Court decisions–Official announcements1 TTJA decisions–Real estate–.ee domains–Licenses–Regulations41 Public transactions–Grants–State aid–Public procurement–Holdings in companies1 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	113 226 €	110 489 €	4,31 M €+17,9%	9
2026 Q1	96 380 €	96 847 €	3,66 M €−16,9%	9
Total 2026:	209 606 €	207 336 €	7,97 M €
2025 Q4	111 265 €	100 323 €	4,40 M €−27,3%	9
2025 Q3	160 067 €	104 594 €	6,06 M €+2,9%	9
2025 Q2	83 355 €	79 293 €	5,88 M €+55,4%	9
2025 Q1	69 200 €	65 968 €	3,79 M €−26,9%	9
Total 2025:	423 887 €	350 178 €	20,1 M €
2024 Q4	49 290 €	47 982 €	5,18 M €+7,1%	9
2024 Q3	128 011 €	125 655 €	4,84 M €+41,2%	9
2024 Q2	82 797 €	77 681 €	3,43 M €−32,7%	11
2024 Q1	66 878 €	123 547 €	5,09 M €+20,3%	12
Total 2024:	326 976 €	374 865 €	18,5 M €
2023 Q4	0 €	66 258 €	4,23 M €−20,0%	11
2023 Q3	0 €	60 229 €	5,29 M €+14,3%	12
2023 Q2	52 586 €	56 034 €	4,63 M €+43,1%	12
2023 Q1	54 987 €	53 468 €	3,23 M €+2,8%	10
Total 2023:	107 573 €	235 989 €	17,4 M €
2022 Q4	0 €	45 034 €	3,15 M €+6,9%	11
2022 Q3	0 €	30 649 €	2,94 M €−7,4%	10
2022 Q2	0 €	20 809 €	3,18 M €−23,3%	9
2022 Q1	0 €	21 531 €	4,14 M €+11,6%	7
Total 2022:	0 €	118 023 €	13,4 M €
2021 Q4	0 €	20 964,38 €	3,71 M €+39,2%	5
2021 Q3	0 €	16 529,47 €	2,67 M €−0,4%	5
2021 Q2	0 €	20 820,19 €	2,68 M €−6,7%	4
2021 Q1	0 €	5 114,10 €	2,87 M €−3,8%	5
Total 2021:	0 €	63 428,14 €	11,9 M €
2020 Q4	0 €	454,80 €	2,99 M €+5,2%	1
2020 Q3	0 €	454,80 €	2,84 M €+38,3%	-
2020 Q2	0 €	454,80 €	2,05 M €−7,6%	-
2020 Q1	0 €	455 €	2,22 M €+42,9%	1
Total 2020:	0 €	1 819,40 €	10,1 M €
2019 Q4	0 €	606 €	1,55 M €−2,8%	1
2019 Q3	0 €	631 €	1,60 M €+1,2%	1
2019 Q2	0 €	610 €	1,58 M €−23,3%	1
2019 Q1	0 €	726 €	2,06 M €+2,9%	1
Total 2019:	0 €	2 573 €	6,80 M €
2018 Q4	0 €	606 €	2,00 M €+10,4%	1
2018 Q3	0 €	606 €	1,81 M €+0,8%	1
2018 Q2	0 €	630 €	1,80 M €−8,6%	1
2018 Q1	0 €	510 €	1,97 M €+26,7%	1
Total 2018:	0 €	2 352 €	7,58 M €
2017 Q4	0 €	317 €	1,55 M €−3,2%	1
2017 Q3	0 €	317 €	1,60 M €−13,3%	1
2017 Q2	0 €	317 €	1,85 M €−5,5%	1
2017 Q1	0 €	317 €	1,96 M €+8,3%	1
Total 2017:	0 €	1 268 €	6,97 M €
2016 Q4	0 €	365 €	1,81 M €+15,1%	6
2016 Q3	0 €	317 €	1,57 M €	6
2016 Q2	0 €	317 €	1,57 M €−6,7%	6
2016 Q1	0 €	340 €	1,69 M €+25,5%	6
Total 2016:	0 €	1 339 €	6,64 M €
2015 Q4	0 €	395 €	1,34 M €+6,9%	3
2015 Q3	0 €	370 €	1,26 M €−17,5%	3
2015 Q2	0 €	449 €	1,52 M €+35,6%	3
2015 Q1	0 €	331 €	1,12 M €	3
Total 2015:	0 €	1 545 €	5,25 M €

Revenue by industry

	2022	2023	2024
Administration of computer systems and databases	12 476 611 €	13 723 310 €	21 261 770 €

Tax debts

No tax debt found

No tax debt as of 30.09.2026

Representatives

	Personal ID code
Schalk Calvyn Nolte	37711XXXXXX	04.11.1977 (48)	Board member	09.02.2024	-

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Shareholders

	Personal ID code
Entersekt International Limited	-	-	Shareholder	10 000 EUR	100,00%	Sole ownership	03.03.2026	-

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Other persons

	Personal ID code
ANTIMAR Audiitorid OÜ	11893722	11.02.2010 (16)	Audit firm	04.10.2021	-
OÜ Ermitex Investeeringud	10616506	13.12.1999 (26)	Founder	06.08.2003	-

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Ultimate beneficial owners

	Personal ID code
Schalk Calvyn Nolte	37711XXXXXX	04.11.1977 (48)	Member of higher governing body (board or supervisory board)	29.12.2023	-

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Holdings in companies


Modirum Software OÜ	08.03.2013	Shareholder	2 500 EUR	100,00%	Sole ownership	02.09.2023	-

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2026 Q2

Turnover

Amount: 4 313 893 €
Monthly average: 1 437 964 €
Per employee: 159 774 €
Equity ratio: 14 379,64%

Labour taxes

Turnover ratio: 2,56%
Tax ratio: 97,58%
Monthly average: 36 830 €
Per employee: 4 092 €

State taxes

Monthly average: 37 742 €
Turnover ratio: 2,62%

Estimated salary

Gross salary: 7 174 €
Net salary: 5 548 €

Aggregate data

Last 5 yrsAll

	2024	2023	2022	2021	2020	2019
Current assets	12 981 230 €+132%	5 591 079 €−17,9%	6 813 720 €+116%	3 157 186 €−35,2%	4 872 894 €+15,3%	4 224 872 €
Non-current assets	354 486 €−20,9%	447 959 €+26,2%	354 972 €−78,9%	1 684 262 €+961%	158 764 €+20,9%	131 280 €
Total assets	16 427 244 €+143%	6 763 881 €−5,6%	7 168 692 €+34,7%	5 322 974 €+5,8%	5 031 658 €+15,5%	4 356 152 €
Short-term liabilities	1 740 485 €−11,6%	1 967 871 €+1,5%	1 938 503 €+7,0%	1 812 532 €+9,8%	1 650 085 €+22,1%	1 351 656 €
Long-term liabilities	-	-	-	-	-	-
Total liabilities	1 740 485 €−11,6%	1 967 871 €+1,5%	1 938 503 €+7,0%	1 812 532 €+9,8%	1 650 085 €+22,1%	1 351 656 €
Share or stock capital	-	-	-	-	-	-
Retained earnings	4 934 924 €+35,2%	3 650 095 €+7,8%	3 384 851 €+20,5%	2 809 739 €−6,4%	3 002 376 €+10,6%	2 713 748 €
Net profit	8 045 982 €+1 881%	406 221 €+65,6%	245 372 €−64,8%	697 924 €+85,4%	376 418 €+30,7%	287 969 €
Equity	14 686 759 €+190%	5 064 971 €+39,4%	3 633 002 €+3,5%	3 510 442 €+3,8%	3 381 573 €+12,6%	3 004 496 €
Turnover	21 277 316 €+37,2%	15 506 878 €−4,4%	16 212 863 €+38,0%	11 751 294 €+13,5%	10 357 366 €+34,9%	7 679 997 €
Profit margin	37,8%	2,6%	1,5%	5,9%	3,6%	3,7%

Financial ratios

	2021	2020
Profit and cash flow
EBITDA	-	594 734 €
Liquidity
Current ratio	3,3	3,0
Quick ratio	3,3	3,0
Cash ratio	0,6	1,0
Efficiency
Days sales outstanding (dso)	90,1	110,3
Asset turnover	2,4	2,2
Structure
Debt ratio	0,2	0,3
Profitability
Operating margin	3,8%	5,3%
Net profit margin	4,4%	3,6%
Return on assets (roa)	10,7%	8,0%
Return on equity (roe)	13,6%	11,1%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10073763 / 31	03.03.2026	Entry – Second, constitutive merger entry (on acquiring entity’s registry card)	-	Entered into force03.03.2026
Ä 10073763 / M10	31.01.2026	Fine-warning order – annual report not filed	16.03.2026	Deficiencies remedied27.02.2026
Ä 10073763 / 30	19.03.2025	Entry – Amendment entry	-	Entered into force19.03.2025
Ä 10073763 / M9	11.03.2025	Directive order – Change of shareholders	21.03.2025	Deficiencies remedied12.03.2025
Ä 10073763 / M8	10.01.2025	Reporting-fine order	25.01.2025	Entered into force04.02.2025

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

No court decisions found

The company has no court decisions

Official announcements


Notice of company merger	19.03.2026	PDF

Public transactions

No public transactions found

Company has no public transactions

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains

No domains found

Company has no valid .ee domains

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Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.