OÜ Meritik

Registered

10056148Private limited company (OÜ)Founded 1996

Key figures

277 247 €−3,1%

Revenue 2025

+7,6%

Average annual growth 2019–2025

Ratios

2025

−7,0%

Profit margin

−6,7%

EBITDA margin

74,9%

Equity ratio

2,3×

Current ratio

−19,9%

Return on equity

1313 €

Average gross salary

Summary: OÜ Meritik

What kind of company is it?

OÜ Meritik (registry code 10056148) is a private limited company (OÜ). The company was entered in the Commercial Register in 1996 and has been registered for 29 years. Registered location: Kärdla linn, Hiiumaa vald, Hiiu maakond. According to the latest annual report, the main activity is manufacture of workwear (EMTAK 14231). The company is registered for VAT (VAT number EE100454792).

How is the company doing financially?

Revenue in financial year 2025 was 277 247 €, down 3,1% on the previous year (286 047 €). From 2019 to 2025, revenue grew by an average of 7,6% per year. Financial year 2025 ended with a loss of 19 424 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 13 employees. Revenue per employee was 21 327 €. At the end of financial year 2025, total assets were 129 991 € and equity 97 424 € (74,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 51 009 €, down 8,0% on the same quarter a year earlier. The company had 12 employees in that quarter. Labour taxes paid in the quarter: 23 268 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1310 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (49,2%) is held by Standa OY.

Where does the data come from and how fresh is it?

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 17.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures

Quarter	Revenue	Number of employees	Labour taxes
Q3 2026	51 009 €	12	23 268 €
Q2 2026	69 255 €	13	22 407 €
Q1 2026	47 203 €	13	21 919 €
Q4 2025	72 311 €	13	23 753 €
Q3 2025	55 438 €	14	24 641 €
Q2 2025	89 762 €	14	24 536 €
Q1 2025	74 729 €	14	21 675 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2021–2025

	2021	2022	2023	2024	2025
Sales revenue	233 463	264 359	280 065	286 047	277 247
Net profit	18 696	13 980	8337	12 361	−19 424
Retained earnings	45 015	63 711	77 691	86 028	98 389
Total assets	104 176	128 910	137 456	149 611	129 991
Total liabilities	22 006	32 760	32 969	32 763	32 567
Total equity	82 170	96 150	104 487	116 848	97 424
Employees	14	15	14	13	13
Average gross salary (monthly)	806	898	1076	1189	1270
Calculated dividend	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.

Risks and obligationsAll clear

Registered

Business Register

Tax debt

None

Tax and Customs Board list of tax debtors

Enforcement and official notices

None

Official Announcements (Ametlikud Teadaanded)

Consumer disputes

None

Consumer Disputes Committee (TTJA)

Annual report filing

3/3 filed

All on time

Business Register · 2023–2025

Commercial pledges

None

Business Register

Share pledges and disposal bans

None

Business Register

Data from public registers, not a credit rating.

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State aid and grants

1 record

State aid and de minimis aid in total 2018 € (2019). Largest grantors: Eesti Töötukassa (2018 €).

Show all aid records (1)

20192018 €

Grantor	Purpose	Amount	Date
Eesti Töötukassa	Palgatoetus VTA	2018 €	03.12.2019

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies

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Same activity — Manufacture of workwear