Mestate OÜ

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 14259256
VAT no.VAT no.:: EE102529421
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 15.05.2017 (9 y)
Former business namesFormer business names:: Hiiu Kiviaed OÜ
CapitalCapital:: 2 500 EUR
AddressAddress:: Vabaduse tn 5, Kärdla linn, Hiiumaa vald, Hiiu maakond, 92411
StatusStatus:: Registered

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Contacts

PhonePhone:: +372 56923015
EmailEmail:: aivojoeleht@gmail.com

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Industries

CONSTRUCTION
Specialised construction activities
Other specialised construction activities
Other specialised construction activities n.e.c.
43999 – Other specialised construction activities
REAL ESTATE ACTIVITIES
Real estate activities
Renting and operating of own or leased real estate
Renting and operating of own or leased real estate
68201 – Renting and operating of own or leased real estate

VAT liability

VAT no.	Start	End
EE102529421	13.02.2023	-
EE102529421	31.08.2022	28.01.2023

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	15.03.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	06.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	08.02.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	23.01.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	18.02.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	22.01.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	17.05.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	22.06.2019	Valid	PDF
2017	15.05.2017 – 31.12.2017	17.03.2018	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 estate8 .ee domains–Licenses–Regulations8 Public transactions–Grants–State aid–Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	3 620 €	1 000 €	20 969 €−4,4%	-
2026 Q1	6 130 €	974 €	21 930 €−41,4%	-
Total 2026:	9 750 €	1 974 €	42 899 €
2025 Q4	7 410 €	921 €	37 431 €+287%	-
2025 Q3	1 730 €	921 €	9 665 €−52,0%	-
2025 Q2	2 424 €	921 €	20 132 €+287%	-
2025 Q1	0 €	877 €	5 205 €−42,8%	-
Total 2025:	11 564 €	3 640 €	72 433 €
2024 Q4	0 €	789 €	9 106 €−63,4%	-
2024 Q3	0 €	918 €	24 862 €+35,0%	-
2024 Q2	1 922 €	450 €	18 422 €+144%	1
2024 Q1	1 806 €	918 €	7 540 €−82,5%	1
Total 2024:	3 728 €	3 075 €	59 930 €
2023 Q4	6 441 €	0 €	43 188 €−6,6%	1
2023 Q3	6 314 €	918 €	46 241 €+258%	-
2023 Q2	0 €	612 €	12 913 €+62,1%	1
2023 Q1	683 €	0 €	7 965 €−53,6%	1
Total 2023:	13 438 €	1 530 €	110 307 €
2022 Q4	2 296 €	0 €	17 150 €	-
2022 Q3	-	-	-	-
2022 Q2	616 €	693 €	-	-
2022 Q1	653 €	693 €	-	1
Total 2022:	3 565 €	1 386 €	17 150 €
2021 Q4	485,24 €	546,57 €	-	1
2021 Q3	534,97 €	602,93 €	-	1
2021 Q2	615,96 €	693,03 €	-	1
2021 Q1	-	-	-	1
Total 2021:	1 636,17 €	1 842,53 €	0 €
2020 Q4	-	-	-	1
2020 Q3	-	-	-	1
2020 Q2	-	-	-	1
2020 Q1	0 €	0 €	0 €	1
Total 2020:	0 €	0 €	0 €
2019 Q4	0 €	0 €	0 €	1
2019 Q3	0 €	0 €	0 €	1
2019 Q2	0 €	0 €	0 €	1
2019 Q1	0 €	0 €	0 €	1
Total 2019:	0 €	0 €	0 €
2018 Q4	0 €	0 €	0 €	1
2018 Q3	0 €	0 €	0 €	1
2018 Q2	0 €	0 €	0 €	1
2018 Q1	0 €	0 €	0 €	1
Total 2018:	0 €	0 €	0 €
2017 Q4	0 €	0 €	0 €	1
2017 Q3	142 €	142 €	0 €	1
2017 Q2	0 €	0 €	0 €	1
Total 2017:	142 €	142 €	0 €

Revenue by industry

	2023	2024	2025
Other specialised construction activities	106 366 €	53 367 €	87 614 €
Renting and operating of own or leased real estate	37 671 €	41 068 €	45 819 €
Construction of residential and non-residential buildings	8 200 €

Tax debts

No tax debt found

No tax debt as of 30.09.2026

Representatives

	Personal ID code
Aivo Jõeleht	39609XXXXXX	25.09.1996 (30)	Board member	15.05.2017	-

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Shareholders

	Personal ID code
Aivo Jõeleht	39609XXXXXX	25.09.1996 (30)	Shareholder	2 500 EUR	100,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Aivo Jõeleht	39609XXXXXX	25.09.1996 (30)	Founder	13.05.2017	-

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Ultimate beneficial owners

	Personal ID code
Aivo Jõeleht	39609XXXXXX	25.09.1996 (30)	Direct holding	14.11.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 20 969 €
Monthly average: 6 990 €
Per employee: -
Equity ratio: 279,59%

Labour taxes

Turnover ratio: 4,77%
Tax ratio: 27,62%
Monthly average: 333 €
Per employee: -

State taxes

Monthly average: 1 207 €
Turnover ratio: 17,26%

Estimated salary

Gross salary: -
Net salary: -

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	5 224 €+187%	1 819 €−96,8%	57 363 €+51,3%	37 909 €+894%	3 813 €−53,0%	8 116 €+1 053%	704 €
Non-current assets	495 699 €+0,4%	493 672 €+61,7%	305 319 €+26,9%	240 578 €+96,0%	122 718 €+447%	22 425 €	-
Total assets	500 923 €+1,1%	495 491 €+36,6%	362 682 €+30,2%	278 487 €+120%	126 531 €+314%	30 541 €+4 238%	704 €
Short-term liabilities	73 928 €−11,6%	83 610 €+423%	15 972 €+74,0%	9 180 €+43,6%	6 392 €+195%	2 165 €	-
Long-term liabilities	312 046 €−3,7%	324 039 €+47,7%	219 368 €+10,4%	198 702 €+149%	79 750 €	-	-
Total liabilities	385 974 €−5,3%	407 649 €+73,2%	235 340 €+13,2%	207 882 €+141%	86 142 €+3 879%	2 165 €	-
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	85 342 €−31,6%	124 842 €+76,8%	70 605 €+74,8%	40 389 €+42,3%	28 376 €+3 931%	704 €+52,7%	461 €
Net profit	27 107 €+169%	-39 500 €−173%	54 237 €+79,5%	30 215 €+152%	12 013 €−56,6%	27 672 €+11 288%	243 €
Equity	114 949 €+30,9%	87 842 €−31,0%	127 342 €+80,4%	70 605 €+74,8%	40 389 €+42,3%	28 376 €+3 931%	704 €
Turnover	133 433 €+41,3%	94 435 €−38,1%	152 662 €+129%	66 615 €+67,0%	39 884 €+30,1%	30 666 €	-
Profit margin	20,3%	-41,8%	35,5%	45,4%	30,1%	90,2%	-

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	43 555 €	15 963 €
Liquidity
Current ratio	4,1	0,6
Quick ratio	4,1	0,6
Cash ratio	0,0	0,0
Efficiency
Days sales outstanding (dso)	-	-
Asset turnover	0,3	0,5
Structure
Debt ratio	0,7	0,7
Profitability
Operating margin	54,4%	30,8%
Net profit margin	45,4%	30,1%
Return on assets (roa)	14,9%	15,3%
Return on equity (roe)	42,8%	29,7%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50057262 / 7	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
Ä 50057262 / 6	23.08.2023	Entry – Amendment entry	-	Entered into force23.08.2023
Ä 50057262 / 5	07.02.2022	Entry – Amendment entry	-	Entered into force07.02.2022
Ä 50057262 / M1	24.01.2022	Order to remedy deficiencies – Amendment entry	23.02.2022	Deficiencies remedied07.02.2022
Ä 50057262 / 4	20.01.2018	Entry – Amendment entry	-	Entered into force20.01.2018

Real estate

		Purpose
Alam-Sadamavaate, Orjaku küla, Hiiumaa vald, Hiiu maakond	4639 m²	Residential land 100%
Allika tn 27, Kärdla linn, Hiiumaa vald, Hiiu maakondSpace: 4	1431 m²	Residential land 100%
Hiiu tn 3, Kärdla linn, Hiiumaa vald, Hiiu maakond	999 m²	Commercial land 100%
Järve, Hausma küla, Hiiumaa vald, Hiiu maakond	69 068 m²	Agricultural land 100%
Käina mnt 26a, Kärdla linn, Hiiumaa vald, Hiiu maakond	1518 m²	Land without designated purpose 100%

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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 alienation of state property	10.10.2025	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.