Aktsiaselts MERKTRANSRegistered
Going concern uncertainty. In the 2023 report the auditor pointed to material uncertainty about the company's ability to continue as a going concern.
Qualified audit opinion. 2025 report: Disclaimer of opinion.
Key figures
1 448 857 €−42,3%
Revenue 2025
−36,2%
Average annual change 2019–2025
Ratios
2025−59,0%
Profit margin
−62,1%
EBITDA margin
96,1%
Equity ratio
17×
Current ratio
−16,0%
Return on equity
3230 €
Average gross salary
Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 50 696 € | 1 | 63 628 € |
| Q1 2026 | 372 827 € | 4 | 81 991 € |
| Q4 2025 | 448 528 € | 12 | 57 170 € |
| Q3 2025 | 282 160 € | 13 | 78 203 € |
| Q2 2025 | 483 414 € | 14 | 80 963 € |
| Q1 2025 | 474 359 € | 14 | 109 854 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
No dividends were distributed.
History
20250 €
20240 €
20230 €
20220 €
20210 €
2020780 000 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 3 494 793 | 2 320 713 | 2 377 552 | 1 481 182 | 917 882 | 1 073 948 | 3 619 333 |
| Total non-current assets | 8 121 847 | 7 569 556 | 7 280 654 | 7 441 823 | 7 582 816 | 5 384 144 | 1 934 199 |
| Total assets | 11 616 640 | 9 890 269 | 9 658 206 | 8 923 005 | 8 500 698 | 6 458 092 | 5 553 532 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 1 099 829 | 1 239 497 | 1 600 492 | 789 848 | 662 182 | 267 832 | 217 901 |
| Non-current liabilities | 2823 | 0 | 0 | — | — | — | — |
| Total liabilities | 1 102 652 | 1 239 497 | 1 600 492 | 789 848 | 662 182 | 267 832 | 217 901 |
| Share capital | 1 278 000 | 1 278 000 | 1 278 000 | 1 278 000 | 1 278 000 | 1 278 000 | 1 278 000 |
| Retained earnings of previous periods | 9 089 493 | 8 435 898 | 7 352 682 | 6 759 624 | 6 835 067 | 6 540 426 | 4 892 170 |
| Profit for the year | 126 405 | −1 083 216 | −593 058 | 75 443 | −294 641 | −1 648 256 | −854 629 |
| Reserves and other equity | 20 090 | 20 090 | 20 090 | 20 090 | 20 090 | 20 090 | 20 090 |
| Total equity | 10 513 988 | 8 650 772 | 8 057 714 | 8 133 157 | 7 838 516 | 6 190 260 | 5 335 631 |
| Income statement | |||||||
| Sales revenue | 21 525 846 | 13 166 353 | 19 494 652 | 12 868 860 | 7 472 207 | 2 511 543 | 1 448 857 |
| Operating profit | −15 056 | −977 468 | −695 029 | −30 394 | −404 506 | −1 792 154 | −1 023 066 |
| EBITDA | 371 425 | −473 591 | −372 856 | 240 462 | −173 540 | −1 623 306 | −899 822 |
| Profit before income tax | 151 405 | −891 123 | −593 058 | 75 443 | −294 641 | −1 648 256 | −854 629 |
| Profit for the reporting year | 126 405 | −1 083 216 | −593 058 | 75 443 | −294 641 | −1 648 256 | −854 629 |
| Labour costs | 1 189 057 | 980 340 | 1 079 891 | 1 171 718 | 1 458 173 | 2 003 479 | 725 947 |
| Depreciation of non-current assets | 386 481 | 503 877 | 322 173 | 270 856 | 230 966 | 168 848 | 123 244 |
| Other indicators | |||||||
| Employees | 39 | 30 | 28 | 28 | 26 | 19 | 14 |
| Calculated dividend | — | 780 000 | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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