ETENRU
RegisteredHarju County
Registry code
16182243
VAT number
EE102456688
Address
Harju maakond, Tallinn, Põhja-Tallinna linnaosa, Krulli tn 2b, 10412
Registered
12.03.2021 · 5 yrs
Activity
Rahaturufondide ja muude investeerimisfondide tegevus 64311
Capital
2 500 €
Email
c•••@m•••.techLog in to see
Phone
+372 5•• ••••Log in to see
Website
www.madowl.tech from email
LEI
254900LQY6SB8ATA4430 ISSUED
Business Register 06.10.2026
Sales revenue206 k €+162%2025 annual report
Profit49 868 €2025 annual report
Employees2Tax Board 2026 Q2
Average gross salary1 440 €estimate, Tax Board 2026 Q2
Labour taxes per quarter4 407 €Tax Board 2026 Q2
Cash55 103 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months6 978 €Tax Board, last 4 quarters
State taxes 12 months8 602 €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 6 978 €
00000006 978
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AA
Very good, low risk
87 / 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 → AA
In tax debt0 days since 26.09.2026
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

1 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Andrei Mukhin3 companiesno tax debtPersonal ID ↗12.03.2021
Shareholders 1
Andrei Mukhin100,0% 2 500 €02.09.2023
Beneficial owners 1
Andrei Mukhin3 companiesno tax debtdirect holding12.03.2021

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue59,2%
Labour taxes / revenue63,2%
Revenue per employee per month1 163 €
Gross salary (estimate)1 440 €
Net salary (estimate)1 237 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q26 978 €4 407 €4 132 €2
2026 Q10 €2 329 €2 155 €2
2025 Q40 €1 336 €1 204 €2
2025 Q30 €1 214 €1 111 €1
2025 Q20 €1 533 €1 463 €1
2025 Q10 €1 189 €1 139 €1
2024 Q40 €——1
2024 Q30 €1 120 €1 071 €—
2024 Q20 €2 799 €2 677 €1
2024 Q10 €3 359 €3 212 €2
2023 Q41 110 €3 784 €3 540 €2
2023 Q34 383 €3 474 €3 205 €2
Show full history (18 quarters)
2023 Q20 €3 474 €3 205 €2
2023 Q10 €3 652 €3 378 €2
2022 Q40 €3 287 €3 045 €2
2022 Q30 €1 999 €1 848 €2
2022 Q20 €812 €726 €2
2022 Q10 €733 €653 €1

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 revenue206 k €▲ 162%78 419 €▼ 73%286 k €▲ 81%158 k €▲ 302%39 327 €
Profit49 868 €▲ into profit-86 393 €▼ into loss172 k €▼ 40%286 k €▲ 923%27 986 €
Profit margin24,2%-110,2%60,0%181,1%71,2%
Retained earnings399 k €▼ 18%486 k €▲ 55%314 k €▲ 11×27 896 €0 €
Cash55 103 €▲ 440%10 203 €▼ 95%224 k €▲ 131%97 342 €▲ 172%35 786 €
Current assets197 k €▲ 51%130 k €▼ 57%304 k €▲ 81%167 k €▲ 122%75 286 €
Fixed assets257 k €▼ 6%274 k €▲ 45%188 k €▼ 7%203 k €—
Assets454 k €▲ 12%404 k €▼ 18%492 k €▲ 33%370 k €▲ 392%75 286 €
Current liabilities2 531 €▲ 26%2 016 €▼ 44%3 628 €▼ 21%4 592 €▲ 194%1 563 €
Long-term liabilities0 €0 €0 €▼ 100%48 937 €▲ 13%43 237 €
Total liabilities2 531 €▲ 26%2 016 €▼ 44%3 628 €▼ 93%53 529 €▲ 19%44 800 €
Equity452 k €▲ 12%402 k €▼ 18%488 k €▲ 54%317 k €▲ 939%30 486 €
Labour costs-16 897 €▼ 24%-13 633 €▲ 64%-38 310 €▼ 51%-25 447 €▼ 365%-5 470 €
Employees20%20%20%2▲ 100%1
Filed26.05.202614.03.202526.06.202406.05.202316.03.2022
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
Rahaturufondide ja muude investeerimisfondide tegevus main activity64311205 651 €100%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

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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

none

No transactions with state agencies, procurement contracts or grants found

RTK Saldo, Riigihangete register, RTK toetatud projektid

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

2

Top 20 in activity: Rahaturufondide ja muude investeerimisfondide tegevus

20
#CompanyRevenue
1OÜ Krenno5,2 m €
2BPM Mezzanine Fund II usaldusfond3,8 m €
3Usaldusfond EfTEN Special Opportunities Fund1,9 m €
4AV Marketplace OÜ1,5 m €
5Aktsiaselts PlusPlus Capital835 k €
6Innowinner Project Management OÜ723 k €
7ESREP OÜ453 k €
8Mad Owl Assets OÜ206 k €
9OÜ RAID HOLDING180 k €
10OÜ INVESTAR145 k €
11OÜ Possaad138 k €
12UV Ventures OÜ121 k €
13Tres Comas Group OÜ58 883 €
14Will OÜ51 537 €
15Yorx Finants OÜ49 367 €
16DATAHOUSE OÜ42 104 €
17Techni Ventures OÜ40 000 €
18OÜ KLE Invest39 900 €
19AR1 OÜ31 712 €
20Siland Capital OÜ31 200 €

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

Domains

1 records

Domains

DomainSource
madowl.techemail

History and notices

4
DateTypeContent
16.01.2026EntryAmendment entry
09.07.2025EntryAmendment entry
02.09.2023EntryAmendment entry
12.03.2021EntryFirst entry