ETENRU
RegisteredHarju County
Registry code
11362195
VAT number
EE101126126
Address
Harju maakond, Tallinn, Haabersti linnaosa, Hargi tn 23, 13516
Registered
26.02.2007 · 19 yrs
Activity
Elamute ja mitteeluhoonete ehitus 41001
Additional activities
Rental and operating of own or leased real estate
Capital
49 212 €
Email
m•••@m•••.eeLog in to see
Phone
+372 •• ••••Log in to see
LEI
254900CA2ER736RJL514 ISSUED
Business Register 06.10.2026
Sales revenue899 k €+350%2025 annual report
Profit747 k €2025 annual report
Labour taxes per quarter13 923 €Tax Board 2026 Q2
Cash885 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months1,8 m €+890%Tax Board, last 4 quarters
State taxes 12 months144 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 191 tuh €
54 k40 k32 k55 k29 k609 k959 k191 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AAA
Excellent, very low risk
95 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 06.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingAA → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 890% vs a year earlier
Email right away on tax debt, bankruptcy or board change
Add the rating badge to your website

The badge code is available to this company's verified account: verification uses a code we send to the company email in the Business Register. The badge updates itself and cannot be bought. Read more

Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Kristiina Gabor-Mägi1 companyno tax debtPersonal ID ↗04.01.2018
Madis Mägi17 companiesno tax debtPersonal ID ↗26.02.2007
Shareholders 1
Madis Mägi100,0% 49 212 €01.09.2023
Beneficial owners 1
Madis Mägi17 companiesno tax debtdirect holding19.10.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue6,8%
Labour taxes / revenue7,3%
Revenue per employee per month—
Gross salary (estimate)—
Net salary (estimate)—

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q2190 590 €▲ 247%13 923 €12 881 €—
2026 Q1959 352 €▲ 2874%14 147 €69 572 €2
2025 Q4608 904 €▲ 1424%0 €60 865 €2
2025 Q329 082 €▼ 46%0 €310 €—
2025 Q254 857 €▼ 10%0 €6 082 €—
2025 Q132 257 €▼ 27%0 €4 840 €—
2024 Q439 964 €▲ 10%0 €2 842 €—
2024 Q353 535 €▼ 6%0 €7 265 €—
2024 Q260 963 €▼ 45%0 €5 358 €—
2024 Q144 275 €▼ 11%0 €2 337 €—
2023 Q436 266 €▼ 26%0 €0 €—
2023 Q357 142 €▼ 92%0 €3 922 €—
Show full history (18 quarters)
2023 Q2111 003 €▲ 294%0 €18 657 €—
2023 Q149 787 €▲ 58%28 €8 372 €—
2022 Q448 865 €0 €7 151 €—
2022 Q3732 717 €0 €17 200 €—
2022 Q228 170 €0 €2 739 €—
2022 Q131 446 €0 €6 262 €—

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue899 k €▲ 350%200 k €▲ 12%179 k €▼ 19%220 k €▲ 101%109 k €
Profit747 k €▲ 283%195 k €▲ 47%133 k €▼ 38%215 k €▼ 28%297 k €
Profit margin83,0%97,5%74,0%97,8%272,1%
Retained earnings5,0 m €▲ 89%2,7 m €▲ 5%2,5 m €▲ 9%2,3 m €▲ 15%2,0 m €
Cash885 k €▲ 23×37 698 €▼ 63%103 k €▼ 18%125 k €▼ 70%420 k €
Current assets2,3 m €▲ 164%858 k €▲ 7%804 k €▼ 10%891 k €▼ 38%1,4 m €
Fixed assets17,9 m €▲ 9%16,5 m €0%16,4 m €▲ 503%2,7 m €▲ 88%1,4 m €
Assets20,2 m €▲ 17%17,3 m €▲ 1%17,2 m €▲ 377%3,6 m €▲ 25%2,9 m €
Current liabilities349 k €▼ 59%844 k €▲ 612%118 k €▲ 14%104 k €▲ 47%71 068 €
Long-term liabilities940 k €▲ 98%474 k €▼ 63%1,3 m €▲ 39%920 k €▲ 107%445 k €
Total liabilities1,3 m €▼ 2%1,3 m €▼ 5%1,4 m €▲ 36%1,0 m €▲ 98%516 k €
Equity18,9 m €▲ 18%16,0 m €▲ 1%15,8 m €▲ 512%2,6 m €▲ 9%2,4 m €
Labour costs-22 334 €0 €0 €0 €0 €
Employees20000
Filed01.07.202618.07.202522.07.202430.06.202330.06.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Elamute ja mitteeluhoonete ehitus main activity41001760 729 €85%
Rental and operating of own or leased real estate68201138 596 €15%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 06.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

20 438 € makseid

Transactions with state institutions

2025438 €
202320 000 €

Largest payers

Muinsuskaitseamet20 000 €
Tallinna Strateegiakeskus438 €
All payments by month
MonthPayerTypeFieldAmount
10.2025Tallinna StrateegiakeskusSotsiaaltoetusedOther economic affairs (incl. administration)438 €
02.2023MuinsuskaitseametMuud toetusedHeritage protection20 000 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Holdings in other companies

17
CompanyCodeHoldingSinceRevenue
Duco MP OÜ1671532733,32%02.09.20235,2 m €
Duco Styles OÜ1671541633,32%02.09.20232,5 m €
OÜ Tallinn MP1670552450,0%02.09.20231,4 m €
Duco OÜ1656498633,32%01.09.20231,3 m €
Tallinn House OÜ1405041533,46%18.09.20251,2 m €
Rukki 11 OÜ16940739100,0%01.05.2026943 k €
Peetri Ärimaja OÜ12600337100,0%18.09.2025903 k €
Hotel Styles OÜ1672124150,0%02.09.2023603 k €
Stein Park OÜ14820942100,0%17.09.2025512 k €
White Beach Resort OÜ1651135250,0%01.09.2023178 k €
Maskavas HRE Holding OÜ1705254439,0%17.07.2025158 k €
Shroomwell Group OÜ169124010,59%10.09.202535 030 €
Pirita Majad 3 OÜ16910460100,0%18.09.20258 400 €
TH Holding 2 OÜ1705251550,0%06.02.20250 €
Construction Holding OÜ1705253839,0%18.07.20250 €
Juhkentali Hotel Holding OÜ1705256725,0%24.10.20240 €
Patre Holding OÜ1413654217,4%01.09.20230 €

Business Register

Companies linked via the board

16

Top 20 in activity: Elamute ja mitteeluhoonete ehitus

20
#CompanyRevenue
1Osaühing Mapri Ehitus148,5 m €
2Aktsiaselts Merko Ehitus Eesti132,7 m €
3OÜ NOBE121,5 m €
4Nordecon AS106,1 m €
5OÜ Ehitustrust69,2 m €
6Embach Ehitus OÜ65,4 m €
7aktsiaselts EHITUSFIRMA RAND JA TUULBERG59,2 m €
8OÜ Fund Ehitus51,1 m €
9Mitt & Perlebach OÜ46,6 m €
10OÜ Metropoli Ehitus46,5 m €
11OÜ Tallinna Ehitustrust45,6 m €
12Kodumaja AS44,2 m €
13AS MARU EHITUS35,2 m €
14BILDGREN Ehitus OÜ34,0 m €
15Ehitus5ECO OÜ32,9 m €
16OÜ Nordlin Ehitus32,5 m €
17OÜ BauEst30,9 m €
18OÜ Kaamos Ehitus30,4 m €
19osaühing VANALINNA EHITUS28,3 m €
20Eventus Ehitus OÜ28,2 m €

Magicom Invest OÜ: place 457 /6432

Similar size: TASKBUT OÜ, Euroopa Ehitus OÜ, Omni Ehitus OÜ, Vundest OÜ, Logicon Ehitus OÜ, osaühing AT Sim, ERMICO HALDUS OÜ, Wingmacht Arendus OÜ, RooStar OÜ, Hokogimotsu Misosirugagi OÜ

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Tegevusload

2 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
EhitamineEEH01441703.10.2025
Keskkonnaluba: Pärnumaa, Pärnu linn, Valgeranna külaL.VV/32733001.04.2016

History and notices

22
DateTypeContent
04.09.2025EntrySecond, constitutive merger entry (on the acquiring company's register card)
08.07.2024Trahvihoiatusmäärus: majandusaasta aruanne esitamata
28.02.2024EntryMuutmiskanne TsMS § 595¹ lg 1 alusel
07.12.2023EntryAmendment entry
01.09.2023EntryAmendment entry
29.10.2019EntryAmendment entry
25.10.2019Order to remedy deficienciesAmendment entry
18.01.2018EntryAmendment entry
04.01.2018EntryAmendment entry
06.12.2017EntryAmendment entry
04.12.2017EntryAmendment entry
02.09.2016EntryAmendment entry
19.03.2015EntryAmendment entry
01.04.2014EntryAmendment entry
08.11.2012EntryAmendment entry
27.01.2012EntryAmendment entry
19.12.2011Order to remedy deficienciesAmendment entry
26.08.2010EntryAmendment entry
02.07.2010Order to remedy deficienciesAmendment entry
04.05.2010Order to remedy deficienciesAmendment entry
15.04.2010Order to remedy deficienciesAmendment entry
26.02.2007EntryFirst entry