OÜ AIVAR & MERIKE

Registered
10192325Private limited company (OÜ)Founded 1997
Qualified audit opinion. 2022 report: Qualified.

Key figures

4 626 156 €+8,2%
Revenue 2025
+9,2%
Average annual growth 2019–2025
02 m4 m6 m2019202020212022202320242025

Ratios

2025

Summary: OÜ AIVAR & MERIKE

What kind of company is it?

OÜ AIVAR & MERIKE (registry code 10192325) is a private limited company (OÜ). The company was entered in the Commercial Register in 1997 and has been registered for 29 years. Registered location: Varese küla, Võru vald, Võru maakond. According to the latest annual report, the main activity is sawing and planing of wood (EMTAK 16111). The company is registered for VAT (VAT number EE100425378).

How is the company doing financially?

Revenue in financial year 2025 was 4 626 156 €, up 8,2% on the previous year (4 274 239 €). From 2019 to 2025, revenue grew by an average of 9,2% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 333 128 € (7,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 15 employees (16 a year earlier). Revenue per employee was 308 410 €. At the end of financial year 2025, total assets were 3 348 316 € and equity 3 048 118 € (91,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 951 244 €, up 4,5% on the same quarter a year earlier. The company had 29 employees in that quarter. Labour taxes paid in the quarter: 29 537 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 790 € per month.

Who runs the company and who owns it?

The management board has 3 members. According to the register, the company has 2 owners. The largest stake (66,2%) is held by a private individual.

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 20.05.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026951 244 €2929 537 €
Q2 20261 395 733 €3033 293 €
Q1 20261 143 158 €3030 661 €
Q4 20251 483 064 €3038 780 €
Q3 2025910 192 €2930 587 €
Q2 20251 293 953 €2934 280 €
Q1 20251 027 754 €2833 153 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20230 €
202299 999 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue3 909 5094 302 6243 954 9604 274 2394 626 156
Net profit451 390599 101148 728513 549333 128
Retained earnings1 081 1311 432 5222 031 6232 180 3512 693 900
Total assets1 988 7262 246 6612 321 4842 933 0273 348 316
Total liabilities435 115193 948120 043218 037300 198
Total equity1 553 6112 052 7132 201 4412 714 9903 048 118
Employees1718171615
Average gross salary (monthly)13511395155917071789
Calculated dividend099 999000

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
Register status
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
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

66,23%33,77%OÜ AIVAR & MERIKE1Merike Leok1Aivar LeokMary Leok
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

10 records

State aid and de minimis aid in total 17 723 € (2017–2024). Largest grantors: Eesti Töötukassa (17 723 €).

Show all aid records (10)
20246453 €
20234287 €
20211024 €
20183202 €
20172758 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA2507 €25.04.2024
Eesti TöötukassaPalgatoetus VTA3870 €01.01.2024
Eesti TöötukassaPalgatoetus VTA76 €01.01.2024
Eesti TöötukassaPalgatoetus VTA1016 €14.08.2023
Eesti TöötukassaPalgatoetus VTA1232 €26.05.2023
Eesti TöötukassaPalgatoetus VTA2039 €02.05.2023
Eesti TöötukassaPalgatoetus VTA1024 €17.03.2021
Eesti TöötukassaPalgatoetus VTA1775 €19.07.2018
Eesti TöötukassaPalgatoetus VTA1428 €19.07.2018
Eesti TöötukassaPalgatoetus VTA2758 €04.09.2017

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

Largest in the same sector — Manufacturing
Same activity — Sawing and planing of wood

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