osaühing MERITEXRegistered
Key figures
16 447 €−77,1%
Revenue 2025
−3,4%
Average annual change 2019–2025
Ratios
2025−68,8%
Profit margin
−33,4%
EBITDA margin
97,3%
Equity ratio
31×
Current ratio
−18,3%
Return on equity
317 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 2898 € | 1 | 187 € |
| Q1 2026 | 1450 € | — | 94 € |
| Q4 2025 | 2723 € | 1 | 281 € |
| Q3 2025 | 6713 € | 1 | 561 € |
| Q2 2025 | 17 842 € | 1 | 281 € |
| Q1 2025 | 2018 € | 1 | 277 € |
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
dividend other equity decrease
20250 €
2024580 000 €+75 814 € other
202310 001 €
20220 €
20210 €
20200 €
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 | 7395 | 8653 | 34 293 | 32 633 | 744 704 | 52 126 | 54 682 |
| Total non-current assets | 131 891 | 117 097 | 102 199 | 85 456 | 110 637 | 29 417 | 8897 |
| Total assets | 139 286 | 125 750 | 136 492 | 118 089 | 855 341 | 81 543 | 63 579 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 3543 | 789 | 1112 | 5946 | 1889 | 8396 | 1748 |
| Non-current liabilities | 29 031 | 31 931 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 32 574 | 32 720 | 1112 | 5946 | 1889 | 8396 | 1748 |
| Share capital | 24 926 | 24 926 | 24 926 | 24 926 | 100 740 | 24 926 | 24 926 |
| Retained earnings of previous periods | 25 800 | 4975 | −8708 | 33 642 | 404 | 171 714 | 47 223 |
| Profit for the year | −20 826 | −13 683 | 42 350 | −23 237 | 751 310 | −124 491 | −11 316 |
| Reserves and other equity | 76 812 | 76 812 | 76 812 | 76 812 | 998 | 998 | 998 |
| Total equity | 106 712 | 93 030 | 135 380 | 112 143 | 853 452 | 73 147 | 61 831 |
| Income statement | |||||||
| Sales revenue | 20 287 | 20 553 | 91 371 | 39 314 | 726 165 | 71 758 | 16 447 |
| Operating profit | −20 923 | −13 683 | 42 349 | −23 240 | 751 329 | −135 656 | −11 316 |
| EBITDA | 151 | 3886 | 59 655 | −5862 | 770 851 | −121 103 | −5495 |
| Profit before income tax | −20 826 | −13 683 | 42 350 | −23 237 | 751 310 | −124 491 | −11 316 |
| Profit for the reporting year | −20 826 | −13 683 | 42 350 | −23 237 | 751 310 | −124 491 | −11 316 |
| Labour costs | 5991 | 1633 | 0 | 3175 | 11 574 | 5744 | 2822 |
| Depreciation of non-current assets | 21 074 | 17 569 | 17 306 | 17 378 | 19 522 | 14 553 | 5821 |
| Other indicators | |||||||
| Employees | 1 | 1 | 0 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 10 001 | 580 000 | 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.