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Milrem AS

Legal form:
Public limited company
Registry code:
12494266
VAT no.:
EE101745947
Fiscal-year period:
01.01 - 31.12
Established:
25.06.2013 (13 y)
Former business names:
Milrem OÜ
Capital:
37 723 EUR
Address:
Betooni tn 1, Lasnamäe linnaosa, Tallinn, Harju maakond, 13619
Status:
Registered
E-invoice reception:
Telema

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Contacts

Phone:
+372 6620865
Email:
info@milrem.com

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Industries

Industry TOPNo. 1 of 15 companies

Main activity 29101 · turnover over the last 4 quarters

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VAT liability

VAT no.StartEnd
EE10174594701.03.2022-
EE10174594701.06.201828.02.2022
EE10174594703.10.201431.05.2018

Annual reports

YearPeriodSubmittedStatus
202501.01.2025 – 31.12.202530.06.2026ValidPDF
202401.01.2024 – 31.12.202405.08.2025ValidPDF
202301.01.2023 – 31.12.202328.06.2024ValidPDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 19.10.2026.

Delayed declarations

VAT return22.12.202529.12.20257 d overdue
VAT return20.10.202523.10.20253 d overdue
Income- and social-tax return10.10.202514.10.20254 d overdue

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Tax data

PeriodState taxesLabour taxesTaxable turnoverEmployees
2026 Q32,39 M €2,46 M €25,7 M €+72,0%285
2026 Q22,33 M €2,38 M €14,9 M €−63,7%286
2026 Q12,69 M €2,42 M €41,2 M €+50,3%292
Total 2026:7,41 M €7,26 M €81,8 M €
2025 Q43,63 M €2,82 M €27,4 M €+421%305
2025 Q33,07 M €2,61 M €5,26 M €+4,5%342
2025 Q22,50 M €2,46 M €5,04 M €−73,3%322

Revenue by industry

202320242025
Manufacture of motor vehicles19 041 000 €20 445 000 €46 137 000 €

Tax debts

No tax debt found

No tax debt as of 19.10.2026

Representatives

Personal ID code
Devid Liik37810XXXXXX06.10.1978 (48)Board member25.01.2023-
Mikk Mägi38907XXXXXX26.07.1989 (37)Board member25.01.2022-
Kuldar Väärsi37903XXXXXX02.03.1979 (47)Board member25.06.2013-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount
25 705 858 €
Monthly average
8 568 619 €
Per employee
30 065 €
Equity ratio
22 714,58%

Labour taxes

Turnover ratio
9,56%
Tax ratio
102,68%
Monthly average
818 958 €
Per employee
2 869 €

State taxes

Monthly average
797 565 €
Turnover ratio
9,31%

Estimated salary

Gross salary
5 086 €
Net salary
3 978 €

Aggregate data

20252024202320222021
Current assets117 088 000 €+281%30 733 000 €+58,5%19 391 000 €+40,1%13 844 000 €+12,6%12 291 000 €+245%
Non-current assets30 734 000 €+29,9%23 651 000 €+28,0%18 474 000 €+10,1%16 786 000 €+12,7%14 891 000 €+25,6%
Total assets90 681 000 €+66,6%54 446 000 €+43,8%37 865 000 €+23,9%30 560 000 €+12,4%27 182 000 €+76,6%
Short-term liabilities106 453 000 €+298%26 763 000 €+60,8%16 643 000 €−4,6%17 445 000 €+47,2%11 851 000 €+24,1%
Long-term liabilities78 022 000 €+89,1%41 270 000 €+96,5%21 000 000 €+152%8 339 000 €+149%3 352 000 €−4,2%
Total liabilities184 475 000 €+171%68 033 000 €+80,7%37 643 000 €+46,0%25 784 000 €+69,6%15 203 000 €+59,3%

Financial ratios

20252024202320222021
Profit and cash flow
EBITDA-5 667 000 €-74 000 €
Liquidity
Current ratio0,81,0
Quick ratio0,60,9

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Licences & notices

LicenseSLM20/1024Frequency licencesValid09.03.202009.03.2023
1 – 1 / 1 rows

Regulations

Ä 10184538 / 4330.09.2025Entry – Amendment entry-Entered into force30.09.2025
K 10184538 / 4204.08.2025Entry – Commercial-pledge opening entry-Entered into force04.08.2025
Ä 10184538 / M1513.07.2025Fine-warning order – annual report not filed12.08.2025Deficiencies remedied06.08.2025
Ä 10184538 / 4131.08.2023Entry – Amendment entry-Entered into force31.08.2023
Ä 10184538 / 4002.08.2023Entry – Amendment entry-Entered into force02.08.2023
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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 division of a company18.09.2017PDF
Notice of division of a company03.08.2017PDF
Notice of conclusion of a public limited company division agreement03.08.2017PDF
Notice of conclusion of a public limited company division agreement27.06.2017PDF
Notice of division of a company06.05.2015PDF
1 – 5 / 6 rows

Public transactions

03.06.2026Majandus- ja Kommunikatsiooniministeerium199 238,83 €ReceivedOTHER GRANTSR&D in general economic, trade and labour policy
25.05.2026Kaitseliit993,36 €ReceivedOTHER OPERATING EXPENSESOther defence
25.05.2026Kaitseliit4 139 €ReceivedOPERATING EXPENSESOther defence
21.05.2026Kaitseliit32,40 €ReceivedOTHER OPERATING EXPENSESOther defence
21.05.2026Kaitseliit135 €ReceivedOPERATING EXPENSESOther defence
1 – 5 / 49 rows

Funded projects

Kuu- ja planetaarkulgurite arendus2014-2020.4.01.22-0369Eesti T&A rahvusvahelise konkurentsivõime suurendamine ja osalemine üle-euroopalistes teadusalgatustesERDF · Riigi Tugiteenuste Keskus11.05.2022 – 30.06.20232014-202029 702,40 €support 50,7%29 702,40 €Completed
Rakendusuuring metsauuendussüsteemi Robotic Forester juhtimisautonoomia suurendamiseks (NutikasMetsarobot)2014-2020.4.02.20-0260TA&I süsteemi kohaliku sotsiaalmajandusliku mõju suurendamine ja nutikas spetsialiseerumine kasvualade (IKT + tervis + ressursid) arendamiseksERDF · Riigi Tugiteenuste Keskus01.09.2020 – 31.08.20232014-20203 333 000 €support 60,0%3 333 000 €Completed
Keskmise kaaluklassi roomiksõidukile sobiva elektrilise ajamisüsteemi väljatöötamine, prototüüpimine ning testimine2014-2020.4.04.19-1102Ettevõtja arenguplaani toetusmeede ettevõtete arendus- ja eksporditegevustele kaasaaitamiseks ning juhtimisvõimekuse tõstmiseksERDF · Ettevõtluse ja Innovatsiooni Sihtasutus21.08.2019 – 31.10.20202014-20201 121 523 €support 35,0%986 481,12 €Completed
Green ICT turbatootmise kontseptsioon2014-2021.1.02.19-0002Green ICT Programme (EE-Innovation)NORRA/EMP · Ettevõtluse ja Innovatsiooni Sihtasutus01.07.2019 – 18.10.20192014-202026 200 €support 63,8%23 843,98 €Completed
Rakendusuuring kaugjuhitavate sõidukite juhtimisabi ning turvalisuse funktsioonide jaoks oluliste sensorite ja tarkvaraalgoritmide süsteemi arendamiseks (NutikasUGV)2014-2020.4.02.17-0110TA&I süsteemi kohaliku sotsiaalmajandusliku mõju suurendamine ja nutikas spetsialiseerumine kasvualade (IKT + tervis + ressursid) arendamiseksERDF · Riigi Tugiteenuste Keskus01.05.2018 – 30.04.20212014-20202 856 000 €support 70,0%2 525 793,76 €Completed
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State aid

26.09.2025Tallinna StrateegiakeskusAid measure 231468Muu › MuuGrant20 700 €231468/2500011
31.05.2023Ettevõtluse ja Innovatsiooni SihtasutusAid measure 221320EK grupierandi määrus 651/2014 Teadus- ja arendustegevuseks ning innovatsiooniks antav abi (artiklid 25-30) › Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringudGrant2 000 000 €221320/2300023
26.04.2023Tallinna TehnikaülikoolAid measure 221436Koolitus VTA › Koolitus VTAGrant200 €221436/2300121
06.04.2023Tallinna TehnikaülikoolAid measure 221436Koolitus VTA › Koolitus VTAGrant1 920 €221436/2300094
17.03.2023Tallinna TehnikaülikoolAid measure 221436Muu › MuuGrant24 000 €221436/2400013
1 – 5 / 32 rows

Public procurement contracts

07.07.2023End 31.08.2026Reference number 259708 · TEADUS- JA ARENDUSTÖÖ LEPINGTartu ÜlikoolContractor1 300 000 €Completed
17.01.2023Reference number 257652 · Esimene tellimusKaitseministeeriumContracting authority110 141 €actual 119 938 €Concluded
17.01.2023End 17.01.2025Reference number 257652Riigi Kaitseinvesteeringute KeskusContracting authority120 000 €Concluded
05.11.2020End 31.08.2023Reference number 223805 · TEADUS- JA ARENDUSTÖÖ LEPINGTartu ÜlikoolContractor1 999 800 €Completed
15.09.2019Reference number 193242 · Teine hankelepingRiigi Kaitseinvesteeringute KeskusContracting authority46 000 €actual 51 840,40 €Completed
1 – 5 / 12 rows

.ee domains

milremrobotics.eeActive05.06.202506.06.2028
multiscope.eeActive19.05.201620.05.2027
milrem.eeActive13.08.201314.08.2027
1 – 3 / 3 rows

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.

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