ETENRU
RegisteredSaare County
Registry code
11643333
VAT number
EE101513991
Address
Saare maakond, Muhu vald, Kuivastu küla, Laane, 94702
Registered
04.05.2009 · 17 yrs
Activity
Construction of other civil engineering projects n.e.c. 42991
Capital
2 684 €
Email
m•••@m•••.eeLog in to see
Phone
+372 5•• ••••Log in to see
Website
www.maffy.ee from email
Business Register 05.10.2026
Sales revenue757 k €+18%2025 annual report
Profit66 103 €2025 annual report
Employees8Tax Board 2026 Q2
Average gross salary1 382 €estimate, Tax Board 2026 Q2
Labour taxes per quarter16 916 €Tax Board 2026 Q2
Cash102 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months746 k €+4%Tax Board, last 4 quarters
State taxes 12 months119 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 118 tuh €
218 k270 k90 k140 k191 k222 k215 k118 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AA
Very good, low risk
81 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 05.10.2026 · 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 → A → AA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 4% vs a year earlier
Notification when something changes
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Data

Board and owners

1 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Ivo Puhkan2 companiesno tax debtPersonal ID ↗17.05.2017
Shareholders 1
Ivo Puhkan100,0% 2 684 €02.09.2023
Beneficial owners 1
Ivo Puhkan2 companiesno tax debtdirect holding20.09.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue22,3%
Labour taxes / revenue14,3%
Revenue per employee per month4 929 €
Gross salary (estimate)1 382 €
Net salary (estimate)1 193 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q2118 300 €▼ 16%16 916 €26 389 €8
2026 Q1215 140 €▲ 138%14 297 €28 981 €8
2025 Q4221 617 €▼ 18%21 571 €36 054 €8
2025 Q3190 972 €▼ 13%16 217 €27 808 €8
2025 Q2140 025 €▲ 4%11 927 €25 425 €8
2025 Q190 329 €▼ 76%14 152 €24 793 €5
2024 Q4269 903 €▲ 21%14 931 €39 942 €8
2024 Q3218 298 €▲ 31%21 359 €35 012 €8
2024 Q2134 771 €▼ 47%15 006 €23 116 €7
2024 Q1383 201 €▲ 271%12 447 €20 557 €7
2023 Q4223 090 €▲ 96%17 322 €24 300 €7
2023 Q3166 494 €▼ 12%15 157 €31 390 €7
Show full history (18 quarters)
2023 Q2256 361 €▲ 162%13 564 €28 048 €7
2023 Q1103 400 €▼ 15%8 977 €16 731 €7
2022 Q4113 834 €11 015 €18 196 €5
2022 Q3189 179 €9 139 €17 832 €5
2022 Q297 855 €8 255 €12 585 €5
2022 Q1122 092 €9 430 €28 011 €5

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 revenue757 k €▲ 18%641 k €▼ 25%856 k €▲ 103%422 k €▲ 39%304 k €
Profit66 103 €▲ into profit-71 791 €▼ into loss58 879 €▲ 364%12 696 €▲ into profit-123 k €
Profit margin8,7%-11,2%6,9%3,0%-40,6%
Retained earnings5 107 €▼ 93%76 898 €▲ 327%18 018 €▲ 238%5 323 €▼ 96%133 k €
Cash102 k €▲ 31×3 296 €▼ 98%189 k €▲ 22×8 417 €▲ 14%7 388 €
Current assets137 k €▲ 218%43 194 €▼ 81%229 k €▲ 358%50 008 €▲ 143%20 601 €
Fixed assets184 k €▲ 3%178 k €▲ 134%76 018 €▲ 21%62 843 €▼ 51%129 k €
Assets321 k €▲ 45%221 k €▼ 27%305 k €▲ 170%113 k €▼ 25%150 k €
Current liabilities109 k €▲ 14%95 230 €▼ 46%175 k €▲ 383%36 308 €▼ 71%126 k €
Long-term liabilities88 688 €▲ 30%68 143 €0 €▼ 100%5 840 €▼ 51%12 020 €
Total liabilities197 k €▲ 21%163 k €▼ 7%175 k €▲ 316%42 148 €▼ 69%138 k €
Equity124 k €▲ 114%57 791 €▼ 55%130 k €▲ 83%70 703 €▲ 468%12 446 €
Labour costs-163 k €▲ 5%-171 k €▼ 12%-152 k €▼ 54%-99 082 €▼ 10%-90 426 €
Employees70%70%7▲ 40%50%5
Filed05.06.202617.06.202524.01.202406.06.202327.06.2022
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
Construction of other civil engineering projects n.e.c. main activity42991757 115 €100%

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 05.10.2026

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

244 tuh € makseid

Transactions with state institutions

20269 920 €
2025199 k €
202410 309 €
202325 555 €

Largest payers

AS Matsalu Veevärk244 290 €
All payments by month
MonthPayerTypeFieldAmount
08.2026AS Matsalu VeevärkCurrent liabilitiesWater supply3 100 €
07.2026AS Matsalu VeevärkOperating costsWater supply4 340 €
02.2026AS Matsalu VeevärkOperating costsWater supply2 480 €
07.2025AS Matsalu VeevärkCurrent liabilitiesWater supply25 000 €
06.2025AS Matsalu VeevärkOperating costsWater supply9 248 €
06.2025AS Matsalu VeevärkCurrent liabilitiesWater supply5 545 €
05.2025AS Matsalu VeevärkCurrent liabilitiesWater supply56 012 €
04.2025AS Matsalu VeevärkCurrent liabilitiesWater supply26 781 €
03.2025AS Matsalu VeevärkCurrent liabilitiesWater supply9 495 €
02.2025AS Matsalu VeevärkCurrent liabilitiesWater supply28 556 €
01.2025AS Matsalu VeevärkOperating costsWastewater treatment37 868 €
06.2024AS Matsalu VeevärkCurrent liabilitiesWastewater treatment9 760 €
06.2024AS Matsalu VeevärkOperating costsWastewater treatment549 €
11.2023AS Matsalu VeevärkOperating costsWastewater treatment18 067 €
10.2023AS Matsalu VeevärkCurrent liabilitiesWastewater treatment6 816 €
07.2023AS Matsalu VeevärkCurrent liabilitiesWastewater treatment672 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

1

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Construction of other civil engineering projects n.e.c.

20
#CompanyRevenue
1WiSo Engineering OÜ42,0 m €
2LMJP Holding OÜ40,1 m €
3KMG Infra OÜ21,1 m €
4Aktsiaselts EESTI ENERGOMONTAAŽ19,7 m €
5TERASTEENUS OÜ19,0 m €
6Baltpile Osaühing7,0 m €
7Lars Laj Eesti OÜ5,4 m €
8Demirek OÜ5,1 m €
9Nordpont OÜ4,6 m €
10Väljataguse Veod OÜ4,4 m €
11Raudviu OÜ3,5 m €
12EF Ehitus OÜ2,9 m €
13Green Management OÜ2,0 m €
14Läänekivi OÜ2,0 m €
15OSAÜHING UNIGRASS1,8 m €
16OÜ G-Floors1,8 m €
17SPEQ Agri OÜ1,7 m €
18Fellin Invest OÜ1,7 m €
19KHKA OÜ1,6 m €
20Osaühing Merilyni Grupp1,6 m €

Mäffy OÜ: place 47 /471

Similar size: Horizons OÜ, Eesti Restauraator OÜ, Faster OÜ, Unaflor OÜ, Silverline OÜ, Skybreak OÜ, Ravila Haldus OÜ, OÜ Locorum, Falador OÜ, OÜ Paju Investment

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)

FieldLicence numberValid from
Jäätmekäitleja registreering: Jäätmete taaskasutamine või kõrvaldamine - Hiie Töökoja pinnasetäitekohtRE.JÄ/52665918.03.2026 kuni 01.11.2026
EhitamineEEH01458722.02.2026
Ühenduse tegevusloa kinnitatud ärakiri (veosevedu)RVSK07732709.09.2024 kuni 05.08.2030
VeoseveduRVTL00608306.08.2020 kuni 05.08.2030

Domains

DomainSource
maffy.eeemail

History and notices

15
DateTypeContent
02.10.2024EntryAmendment entry
09.09.2024Order to remedy deficienciesAmendment entry
02.09.2023EntryAmendment entry
17.01.2018EntryAmendment entry
01.12.2017EntryAmendment entry
17.05.2017EntryAmendment entry
16.05.2017Order to remedy deficienciesAmendment entry
03.06.2016EntryAmendment entry
04.05.2016Order to remedy deficienciesAmendment entry
28.08.2012EntryMuutmiskanne ÄS § 525 lg 2 alusel
25.01.2012EntryÜmberkujundamiskanne
25.01.2012Kandemäärus ex officioÜmberkujundatud äriühingu senise registrikaardi sulgemise märkus
13.01.2012EntryAmendment entry
17.11.2011Euro automaatkanneAmendment entry
04.05.2009EntryFirst entry