AS MSI GRUPP
- Registry code
- 10243614
- VAT number
- EE100023291
- Address
- Harju maakond, Tallinn, Kesklinna linnaosa, Rävala pst 6, 10143
- Registered
- 05.08.1997 · 29 yrs
- Activity
- Rental and operating of own or leased real estate 68201
- Additional activities
- Engineering activities and related technical consultancy
- Capital
- 1 433 600 €
- m•••@m•••.eeLog in to see
- Phone
- +372 •• ••••Log in to see
- Website
- www.msigrupp.ee
Business Register 06.10.2026
Sales revenue2,5 m €-6%2025 annual report
Profit582 k €2025 annual report
Employees36Tax Board 2026 Q2
Average gross salary1 586 €estimate, Tax Board 2026 Q2
Labour taxes per quarter87 335 €Tax Board 2026 Q2
Cash319 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months2,9 m €+15%Tax Board, last 4 quarters
State taxes 12 months1,1 m €Tax Board, last 4 quarters
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
Follow companyNotification when something changesRatingAA → AAA → AA → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 15% vs a year earlier
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Board and owners
4 persons
| Board 3 | ||
|---|---|---|
| Dmitri Mälson1 companyno tax debt | Personal ID ↗ | 26.08.2016 |
| Ludmila Kanepe1 companyno tax debt | Personal ID ↗ | 26.08.2016 |
| Mati Ivask8 companiesno tax debt | Personal ID ↗ | 08.11.2017 |
| Other persons 1 | ||
| Nasdaq CSD SE1983 companies149 with tax debt40 bankruptShare register keeper | Personal ID ↗ | 28.09.2017 |
| Beneficial owners 9 | ||
| AIN SIGUS1 companyno tax debtdirect holding | 30.10.2018 | |
| Aleksandra KarginaÕigus nimetada või tagasi kutsuda enamikku tegevjuhtkonnast või kõrgema juhtorga | 21.11.2023 | |
| Dmitri Mälson1 companyno tax debtdirect holding | 30.10.2018 | |
| Enn Heinsoo3 companiesno tax debtÕigus nimetada või tagasi kutsuda enamikku tegevjuhtkonnast või kõrgema juhtorga | 21.11.2023 | |
| Ludmila Kanepe1 companyno tax debtdirect holding | 30.10.2018 | |
| Marina Smolina2 companiesno tax debtÕigus nimetada või tagasi kutsuda enamikku tegevjuhtkonnast või kõrgema juhtorga | 21.11.2023 | |
| Martin Sigus2 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member | 21.11.2023 | |
| Mati Ivask8 companiesno tax debtdirect holding | 30.10.2018 | |
| Viktor Arhipovdirect holding | 30.10.2018 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
State taxes / revenue22,9%
Labour taxes / revenue14,0%
Revenue per employee per month5 774 €
Gross salary (estimate)1 586 €
Net salary (estimate)1 346 €
2026 Q2. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | 623 612 € | ▲ 0% | 87 335 € | 142 748 € | 36 |
| 2026 Q1 | 732 632 € | ▲ 2% | 86 640 € | 284 093 € | 37 |
| 2025 Q4 | 1 018 667 € | ▲ 61% | 90 906 € | 443 807 € | 36 |
| 2025 Q3 | 569 030 € | ▼ 3% | 92 347 € | 246 485 € | 37 |
| 2025 Q2 | 621 063 € | ▼ 3% | 86 695 € | 160 444 € | 38 |
| 2025 Q1 | 714 842 € | ▼ 10% | 93 421 € | 262 868 € | 37 |
| 2024 Q4 | 632 425 € | ▼ 7% | 90 162 € | 246 195 € | 39 |
| 2024 Q3 | 584 721 € | ▼ 9% | 85 235 € | 203 907 € | 38 |
| 2024 Q2 | 639 225 € | ▼ 7% | 76 223 € | 164 805 € | 38 |
| 2024 Q1 | 791 213 € | ▼ 3% | 81 518 € | 170 644 € | 39 |
| 2023 Q4 | 678 130 € | ▼ 11% | 77 820 € | 199 279 € | 39 |
| 2023 Q3 | 644 840 € | ▼ 11% | 91 562 € | 207 916 € | 39 |
Show full history (18 quarters)
| 2023 Q2 | 690 154 € | ▼ 2% | 72 554 € | 139 035 € | 40 |
| 2023 Q1 | 813 900 € | ▲ 6% | 77 725 € | 201 311 € | 41 |
| 2022 Q4 | 759 865 € | 85 926 € | 213 878 € | 43 | |
| 2022 Q3 | 725 881 € | 86 653 € | 173 720 € | 44 | |
| 2022 Q2 | 704 667 € | 79 687 € | 137 793 € | 44 | |
| 2022 Q1 | 767 324 € | 78 588 € | 215 035 € | 42 |
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
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Sales revenue | 2,5 m € | ▼ 6% | 2,6 m € | ▼ 6% | 2,8 m € | ▼ 6% | 3,0 m € | ▲ 24% | 2,4 m € |
| Profit | 582 k € | ▲ 77% | 329 k € | ▲ into profit | -1,2 m € | ▼ into loss | 180 k € | ▼ 38% | 289 k € |
| Profit margin | 23,4% | 12,5% | -42,2% | 6,1% | 12,1% | ||||
| Retained earnings | 1,1 m € | ▼ 33% | 1,7 m € | ▼ 49% | 3,3 m € | ▼ 7% | 3,6 m € | ▼ 1% | 3,7 m € |
| Cash | 319 k € | ▲ 16% | 276 k € | ▲ 34% | 206 k € | ▼ 8% | 223 k € | ▲ 28% | 174 k € |
| Current assets | 701 k € | ▼ 10% | 777 k € | ▲ 10% | 709 k € | ▼ 29% | 1,0 m € | ▲ 6% | 947 k € |
| Fixed assets | 3,0 m € | ▼ 7% | 3,3 m € | ▼ 5% | 3,4 m € | ▼ 31% | 5,0 m € | ▼ 4% | 5,2 m € |
| Assets | 3,7 m € | ▼ 8% | 4,0 m € | ▼ 2% | 4,1 m € | ▼ 31% | 6,0 m € | ▼ 3% | 6,1 m € |
| Current liabilities | 321 k € | ▲ 1% | 317 k € | ▼ 22% | 408 k € | ▼ 18% | 495 k € | ▼ 4% | 513 k € |
| Long-term liabilities | 107 k € | ▼ 7% | 115 k € | 0 € | ▼ 100% | 104 k € | 0% | 104 k € | |
| Total liabilities | 427 k € | ▼ 1% | 432 k € | ▲ 6% | 408 k € | ▼ 32% | 599 k € | ▼ 3% | 617 k € |
| Equity | 3,3 m € | ▼ 9% | 3,6 m € | ▼ 3% | 3,7 m € | ▼ 30% | 5,4 m € | ▼ 3% | 5,5 m € |
| Labour costs | -856 k € | ▼ 4% | -823 k € | ▼ 7% | -769 k € | ▲ 7% | -823 k € | ▼ 8% | -760 k € |
| Employees | 198 | ▲ 50% | 132 | ▼ 1% | 133 | ▼ 69% | 425 | ▲ 3% | 411 |
| Filed | 30.06.2026 | 27.06.2025 | 06.06.2024 | 30.06.2023 | 27.05.2022 | ||||
| Report | PDF ↓ | 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
| Activity | EMTAK | Sales revenue | Osa |
|---|---|---|---|
| Rental and operating of own or leased real estate main activity | 68201 | 2 398 592 € | 97% |
| Engineering activities and related technical consultancy | 71121 | 82 870 € | 3% |
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
1 564 € makseid
Transactions with state institutions
20251 564 €
Largest payers
| SA Südalinna Teater | 1 564 € |
All payments by month
| Month | Payer | Type | Field | Amount |
|---|---|---|---|---|
| 06.2025 | SA Südalinna Teater | Operating costs | Theatres | 305 € |
| 05.2025 | SA Südalinna Teater | Operating costs | Theatres | 305 € |
| 04.2025 | SA Südalinna Teater | Operating costs | Theatres | 305 € |
| 03.2025 | SA Südalinna Teater | Operating costs | Theatres | 649 € |
Riigi Tugiteenuste Keskus, Saldo makseandmikud
Holdings in other companies
1
| Company | Code | Holding | Since | Revenue |
|---|---|---|---|---|
| osaühing Cueks Racing Service | 10528682 | 100,0% | 01.09.2023 | 117 k € |
Business Register
Companies linked via the board
60
AS AlexelaNasdaq CSD SE555,0 m €BBEricsson Eesti AktsiaseltsNasdaq CSD SE416,6 m €AAAS SEB PankNasdaq CSD SE405,8 m €AAAktsiaselts METAPRINTNasdaq CSD SE85,8 m €AAAAS HANZA Mechanics TartuNasdaq CSD SE81,5 m €AAAERGO Insurance SENasdaq CSD SE80,6 m €AAAElke Tallinn ASNasdaq CSD SE62,0 m €AAAaktsiaselts ESTIKO - PLASTARNasdaq CSD SE48,2 m €AAAStockmann AktsiaseltsNasdaq CSD SE42,3 m €AAaktsiaselts PINUSNasdaq CSD SE29,6 m €AAAAktsiaselts BalbiinoNasdaq CSD SE29,5 m €AAAAktsiaselts Magnum VeterinaariaNasdaq CSD SE28,6 m €BBAktsiaselts KROONINGNasdaq CSD SE27,1 m €BInterchemie Werken De Adelaar Eesti aktsiaseltsNasdaq CSD SE25,5 m €BBBSchneider Electric Eesti ASNasdaq CSD SE24,9 m €BAktsiaselts TopautoNasdaq CSD SE21,6 m €AAAktsiaselts Lincona KonsultNasdaq CSD SE19,2 m €AAAAS All Media EestiNasdaq CSD SE17,2 m €AAAktsiaselts PAFERNasdaq CSD SE15,1 m €AAABaltyre Eesti ASNasdaq CSD SE14,8 m €AAAaktsiaselts PristisNasdaq CSD SE13,5 m €AAAAktsiaselts Viru ElektrikaubandusNasdaq CSD SE10,6 m €AAAktsiaselts STANDARDNasdaq CSD SE10,6 m €AAS Eesti LeivatööstusNasdaq CSD SE10,3 m €Aaktsiaselts LTTNasdaq CSD SE10,2 m €AAAMotoral Eesti AktsiaseltsNasdaq CSD SE8,6 m €AAktsiaselts Silmani ElekterNasdaq CSD SE8,0 m €Aaktsiaselts HALS TRADING - TNasdaq CSD SE6,8 m €Aaktsiaselts "Rauameister"Nasdaq CSD SE6,8 m €AAAktsiaselts "Erimell"Nasdaq CSD SE6,4 m €AAAAktsiaselts Taastusravikeskus ViikingNasdaq CSD SE5,8 m €AAAAktsiaselts Loo ElekterNasdaq CSD SE5,5 m €AAAaktsiaselts IKODORNasdaq CSD SE4,9 m €AAAktsiaselts ANTAARESNasdaq CSD SE4,7 m €AACaverion Eesti ASNasdaq CSD SE4,6 m €AAktsiaselts Kiviõli KaubahoovNasdaq CSD SE4,4 m €AAAktsiaselts Metsaküla PiimNasdaq CSD SE3,9 m €AAAaktsiaselts VÕRU VESINasdaq CSD SE3,4 m €AAAaktsiaselts TAUF-AUTONasdaq CSD SE2,9 m €AAAaktsiaselts CISTANasdaq CSD SE2,6 m €AAAPRIMULATOR EESTI AktsiaseltsNasdaq CSD SE2,2 m €AAARTT AktsiaseltsNasdaq CSD SE2,1 m €AAAAS Remedium Kalamaja ApteekNasdaq CSD SE1,7 m €AAaktsiaselts ESTIKONasdaq CSD SE1,6 m €AAAAktsiaselts Ekspress GruppNasdaq CSD SE1,4 m €AALEKON PROPERTY ASNasdaq CSD SE1,2 m €AAAAktsiaselts FotoluksNasdaq CSD SE1,1 m €BBBAktsiaselts LAVEXNasdaq CSD SE692 k €CAktsiaselts Peipsi KalameesNasdaq CSD SE498 k €AAAktsiaselts MihkliNasdaq CSD SE475 k €AAAS Tolaram InvestmentsNasdaq CSD SE380 k €AAAktsiaselts Projekt ENasdaq CSD SE198 k €AAAktsiaselts YearNasdaq CSD SE132 k €CRaisio Eesti AktsiaseltsNasdaq CSD SE120 k €ADeden-Invest AktsiaseltsNasdaq CSD SE51 638 €AKatus ASNasdaq CSD SE13 588 €Aaktsiaselts FaabulaNasdaq CSD SE0 €BBBAktsiaselts TalveaedNasdaq CSD SE · Likvideerimisel0 €CAktsiaselts SpratfilNasdaq CSD SE · Bankrupt0 €CAktsiaselts RoolidNasdaq CSD SE0 €
Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Rental and operating of own or leased real estate
20
| # | Company | Revenue |
|---|---|---|
| 1 | Riigi Kinnisvara Aktsiaselts | 177,2 m € |
| 2 | Kirkcong Property OÜ | 27,8 m € |
| 3 | Ülemiste Center OÜ | 26,2 m € |
| 4 | BLRT Grupp AS | 20,7 m € |
| 5 | TÜC Majad AS | 20,2 m € |
| 6 | ROCCA al MARE KAUBANDUSKESKUSE AKTSIASELTS | 19,6 m € |
| 7 | Öpiku Majad OÜ | 17,9 m € |
| 8 | AS Viru Keskus | 17,1 m € |
| 9 | TKM Kinnisvara AS | 17,0 m € |
| 10 | Kinnisvaravalduse AS | 16,8 m € |
| 11 | Sihtasutus Ida-Viru Investeeringute Agentuur | 14,2 m € |
| 12 | Kaarsilla Kinnisvara OÜ | 13,4 m € |
| 13 | Lõunakeskus OÜ | 13,4 m € |
| 14 | OÜ Raadiku Arendus | 12,8 m € |
| 15 | EfTEN Kristiine OÜ | 12,6 m € |
| 16 | Neutra Capital AS | 10,7 m € |
| 17 | AS Harju Elekter Group | 10,5 m € |
| 18 | aktsiaselts AQUA MARINA | 10,5 m € |
| 19 | Arter Kinnisvara OÜ | 10,4 m € |
| 20 | TTK Kultuurikeskus OÜ | 10,3 m € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Licences, domains
5 records
Activity licences (MTR and environmental)
| Field | Licence number | Valid from |
|---|---|---|
| Ehitamine | EH10243614-0001 | 07.03.2003 |
| Ehitise audit | EK10243614-0001 | 07.03.2003 |
| Omanikujärelevalve | EO10243614-0001 | 07.03.2003 |
| Projekteerimine | EP10243614-0001 | 07.03.2003 |
Domains
| Domain | Source |
|---|---|
| msigrupp.ee | Business Register |
History and notices
24
| Date | Type | Content |
|---|---|---|
| 16.09.2022 | Order to remedy deficiencies to correct non-entry data | Amendment entry |
| 19.07.2018 | Order to remedy deficiencies to correct non-entry data | Amendment entry |
| 17.01.2018 | Entry | Amendment entry |
| 08.11.2017 | Entry | Amendment entry |
| 28.09.2017 | Entry | Amendment entry |
| 07.07.2017 | Entry | Second, constitutive merger entry (on the acquiring company's register card) |
| 23.09.2016 | Entry | Amendment entry |
| 26.08.2016 | Entry | Amendment entry |
| 06.10.2011 | Entry | Amendment entry |
| 17.12.2010 | Order to remedy deficiencies | Amendment entry |
| 17.12.2010 | Order to remedy deficiencies | Amendment entry |
| 07.07.2010 | Entry | Amendment entry |
| 18.08.2009 | Entry | Amendment entry |
| 03.08.2009 | Order to remedy deficiencies | Amendment entry |
| 03.12.2008 | Tegevusalade kustutamine registrikaardilt | Amendment entry |
| 02.09.2004 | Jaatav kandeotsus | Senises registriosakonnas registrikaardi sulgemise märkus |
| 31.08.2004 | Jaatav kandeotsus | Uue asukoha järgses registriosakonnas registrikaardi avamise kanne |
| 03.08.2004 | Kättetoimetatav puuduste kõrvaldamise määrus | Uue asukoha järgses registriosakonnas registrikaardi avamise kanne |
| 21.07.2004 | Jaatav kandeotsus | Märkus |
| 21.05.2004 | Jaatav kandeotsus | Amendment entry |
| 06.02.2004 | Kättetoimetatav puuduste kõrvaldamise määrus | Amendment entry |
| 23.12.2003 | Kättetoimetatav puuduste kõrvaldamise määrus | Amendment entry |
| 01.11.2002 | Kandeotsus ex officio | Märkus |
| 19.07.2002 | Jaatav kandeotsus | Mitteavaldatav muutmiskanne |