MM Palkmajad OÜ

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 14696927
VAT no.VAT no.:: EE102404960
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 03.04.2019 (7 y)
CapitalCapital:: 2 500 EUR
AddressAddress:: Mäe-Mihkli, Hindsa küla, Setomaa vald, Võru maakond, 65003
StatusStatus:: Registered

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Contacts

PhonePhone:: +372 5218641
EmailEmail:: marvet.maesaar@gmail.com

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Industries

CONSTRUCTION
Construction of residential and non-residential buildings
Construction of residential and non-residential buildings
Construction of residential and non-residential buildings
41001 – Construction of residential and non-residential buildings

VAT liability

VAT no.	Start	End
EE102404960	27.08.2021	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	30.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	30.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	03.08.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	26.06.2023	Valid	PDF
2020	01.01.2020 – 31.12.2020	30.08.2021	Valid	PDF
2019	03.04.2019 – 31.12.2019	29.07.2021	Valid	PDF

Unsubmitted declarations

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No unsubmitted declarations as of 01.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains–Licenses1 Regulations2 Public transactions43 Grants–State aid6 Public procurement1 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	1 606 €	1 014 €	23 187 €+48,0%	1
2026 Q1	1 982 €	898 €	15 670 €+170%	1
Total 2026:	3 588 €	1 912 €	38 857 €
2025 Q4	1 097 €	1 126 €	5 807 €−48,3%	1
2025 Q3	2 530 €	1 126 €	11 226 €−5,0%	1
2025 Q2	1 408 €	1 126 €	11 811 €+311%	1
2025 Q1	985 €	1 046 €	2 876 €−57,6%	1
Total 2025:	6 020 €	4 424 €	31 720 €
2024 Q4	942 €	1 002 €	6 777 €−36,5%	1
2024 Q3	2 410 €	1 002 €	10 680 €−60,2%	1
2024 Q2	5 247 €	1 002 €	26 830 €+223%	1
2024 Q1	1 630 €	894 €	8 296 €−61,0%	1
Total 2024:	10 229 €	3 900 €	52 583 €
2023 Q4	3 313 €	1 109 €	21 281 €−10,4%	1
2023 Q3	1 920 €	269 €	23 757 €+125%	1
2023 Q2	706 €	0 €	10 536 €+47,5%	1
2023 Q1	706 €	795 €	7 141 €−69,5%	1
Total 2023:	6 645 €	2 173 €	62 715 €
2022 Q4	2 402 €	812 €	23 424 €+79,5%	1
2022 Q3	1 867 €	812 €	13 049 €−36,3%	1
2022 Q2	2 401 €	736 €	20 484 €+106%	1
2022 Q1	1 852 €	733 €	9 951 €−70,0%	1
Total 2022:	8 522 €	3 093 €	66 908 €
2021 Q4	3 650,04 €	693,03 €	33 153,11 €+389%	1
2021 Q3	942,18 €	693,03 €	6 784,30 €	1
2021 Q2	615,96 €	693,03 €	-	1
2021 Q1	615,96 €	693,03 €	-	1
Total 2021:	5 824,14 €	2 772,12 €	39 937,41 €
2020 Q4	615,96 €	693,03 €	-	1
2020 Q3	615,96 €	693,03 €	-	1
2020 Q2	615,96 €	693,03 €	-	1
2020 Q1	205 €	231 €	0 €	1
Total 2020:	2 052,88 €	2 310,09 €	0 €
2019 Q4	0 €	0 €	0 €	0
2019 Q3	0 €	0 €	0 €	0
2019 Q2	0 €	0 €	0 €	0
Total 2019:	0 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Construction of residential and non-residential buildings	62 900 €	49 990 €	34 741 €

Tax debts

No tax debt found

No tax debt as of 15.09.2026

Representatives

	Personal ID code
Marvet Mäesaar	36608XXXXXX	22.08.1966 (60)	Board member	03.04.2019	-

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Shareholders

	Personal ID code
Marvet Mäesaar	36608XXXXXX	22.08.1966 (60)	Shareholder	2 500 EUR	100,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Marvet Mäesaar	36608XXXXXX	22.08.1966 (60)	Founder	03.04.2019	-

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Ultimate beneficial owners

	Personal ID code
Marvet Mäesaar	36608XXXXXX	22.08.1966 (60)	Direct holding	17.02.2020	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 23 187 €
Monthly average: 7 729 €
Per employee: 7 729 €
Equity ratio: 309,16%

Labour taxes

Turnover ratio: 4,37%
Tax ratio: 63,14%
Monthly average: 338 €
Per employee: 338 €

State taxes

Monthly average: 535 €
Turnover ratio: 6,93%

Estimated salary

Gross salary: 768 €
Net salary: 732 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	14 664 €+28,9%	11 380 €−16,0%	13 543 €+49,1%	9 084 €−56,9%	21 094 €+62,7%	12 966 €+37,7%	9 419 €
Non-current assets	9 090 €−34,0%	13 778 €−20,7%	17 384 €	17 377 €+840%	1 849 €−45,8%	3 412 €−40,5%	5 731 €
Total assets	23 754 €−5,6%	25 158 €−18,7%	30 927 €+16,9%	26 461 €+15,3%	22 943 €+40,1%	16 378 €+8,1%	15 150 €
Short-term liabilities	5 252 €+201%	1 745 €−17,0%	2 103 €+58,0%	1 331 €−47,7%	2 547 €+197%	857 €+446%	157 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	5 252 €+201%	1 745 €−17,0%	2 103 €+58,0%	1 331 €−47,7%	2 547 €+197%	857 €+446%	157 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	20 663 €−20,8%	26 074 €+16,5%	22 380 €+26,8%	17 645 €+38,2%	12 772 €+4,3%	12 243 €	-
Net profit	-4 911 €+9,2%	-5 411 €−246%	3 694 €−22,0%	4 735 €−2,9%	4 874 €+823%	528 €−95,8%	12 494 €
Equity	18 502 €−21,0%	23 413 €−18,8%	28 824 €+14,7%	25 130 €+23,2%	20 396 €+31,4%	15 521 €+3,5%	14 993 €
Turnover	34 741 €−30,5%	49 990 €−20,5%	62 900 €−0,9%	63 498 €−24,9%	84 522 €+127%	37 194 €+46,2%	25 447 €
Profit margin	-14,1%	-10,8%	5,9%	7,5%	5,8%	1,4%	49,1%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	5 552 €	7 310 €
Liquidity
Current ratio	6,8	8,3
Quick ratio	3,4	8,3
Cash ratio	3,3	0,0
Efficiency
Days sales outstanding (dso)	0,9	-
Asset turnover	2,6	4,3
Structure
Debt ratio	0,1	0,1
Profitability
Operating margin	7,5%	5,8%
Net profit margin	7,5%	5,8%
Return on assets (roa)	19,2%	24,8%
Return on equity (roe)	18,8%	23,9%

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Licences & notices


Notice of economic activity	EEH011736	Construction	Valid	25.05.2020	-

Regulations


Ä 50116714 / 2	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
Ä 50116714	03.04.2019	Entry – Initial entry	-	Entered into force03.04.2019

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

No official announcements found

Company has no issued official announcements

Public transactions


16.03.2026	Setomaa Vallavalitsus	372 €Received	NON-CURRENT ASSETSTourism
29.05.2025	Setomaa Vallavalitsus	3 159,80 €Received	OPERATING EXPENSESTourism
13.08.2024	Setomaa Vallavalitsus	851,56 €Received	OPERATING EXPENSESLeisure events
26.07.2024	Setomaa Vallavalitsus	3 782 €Received	OPERATING EXPENSESTourism
26.04.2024	Setomaa Vallavalitsus	16 022,26 €Received	NON-CURRENT ASSETSBasic and general secondary education

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


31.12.2022	Põllumajanduse Registrite ja Informatsiooni AmetAid measure 221449	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Direktiivi 2003/96/EÜ kohaselt keskkonnamaksu vähendustena antav abi (artikkel 44)Tax rate reduction	56,28 €	221449/2307033
31.05.2022	Põllumajanduse Registrite ja Informatsiooni AmetAid measure 221268	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Direktiivi 2003/96/EÜ kohaselt keskkonnamaksu vähendustena antav abi (artikkel 44)Tax rate reduction	13,75 €	221268/2309156
31.12.2021	Põllumajanduse Registrite ja Informatsiooni AmetAid measure 221268	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Direktiivi 2003/96/EÜ kohaselt keskkonnamaksu vähendustena antav abi (artikkel 44)Tax rate reduction	16,32 €	221268/2212741
31.12.2020	Põllumajanduse Registrite ja Informatsiooni AmetAid measure 18714	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Direktiivi 2003/96/EÜ kohaselt keskkonnamaksu vähendustena antav abi (artikkel 44)Tax rate reduction	5,44 €	18714/2110000
30.04.2020	Põllumajanduse Registrite ja Informatsiooni AmetAid measure 18714	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Direktiivi 2003/96/EÜ kohaselt keskkonnamaksu vähendustena antav abi (artikkel 44)Tax rate reduction	28,80 €	18714/2184850

Public procurement contracts


02.08.2021End 02.10.2021	Värska raamatukogu ruumide ümberehitamine lasteaia rühmaruumiksReference number 238381 · Töövõtuleping	Setomaa VallavalitsusContracting authority	32 995,67 €	Completed

.ee domains

No domains found

Company has no valid .ee domains

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.