osaühing Merks EU
RegisteredKey figures
Ratios
2025Summary: osaühing Merks EU
What kind of company is it?
Osaühing Merks EU (registry code 10210218) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is machining of metal (EMTAK 25531). The company is registered for VAT (VAT number EE100019535).
How is the company doing financially?
Revenue in financial year 2025 was 843 326 €, up 25,1% on the previous year (674 287 €). From 2019 to 2025, revenue grew by an average of 10,4% per year. Net profit for financial year 2025 was 179 642 € (21,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 6 employees. Revenue per employee was 140 554 €. At the end of financial year 2025, total assets were 1 136 305 € and equity 1 089 846 € (95,9% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 304 910 €, up 35,2% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 21 008 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1920 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is 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 29.06.2026. 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 | 304 910 € | 7 | 21 008 € |
| Q2 2026 | 354 331 € | 7 | 21 965 € |
| Q1 2026 | 233 295 € | 8 | 25 716 € |
| Q4 2025 | 305 119 € | 9 | 27 278 € |
| Q3 2025 | 225 568 € | 9 | 22 582 € |
| Q2 2025 | 296 544 € | 7 | 21 719 € |
| Q1 2025 | 197 261 € | 7 | 16 907 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 20 000 € (2% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 696 490 | 919 239 | 578 551 | 674 287 | 843 326 |
| Net profit | 185 334 | 213 026 | 97 777 | 127 794 | 179 642 |
| Retained earnings | 473 008 | 604 843 | 775 068 | 799 579 | 907 373 |
| Total assets | 858 884 | 960 703 | 975 427 | 1 004 280 | 1 136 305 |
| Total liabilities | 197 711 | 140 003 | 99 751 | 74 076 | 46 459 |
| Total equity | 661 173 | 820 700 | 875 676 | 930 204 | 1 089 846 |
| Employees | 7 | 7 | 7 | 6 | 6 |
| Average gross salary (monthly) | 1650 | 1681 | 1221 | 1564 | 2196 |
| Calculated dividend | 53 500 | 53 499 | 42 801 | 73 266 | 20 000 |
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
Data from public registers, not a credit rating.
Connections graph
State aid and grants
3 recordsState aid and de minimis aid in total 39 512 € (2016–2020). Largest grantors: Elering AS (34 500 €), Tartu Linnavalitsus (5000 €), Riigi Tugiteenuste Keskus (12 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Elering AS | Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43) | 34 500 € | 15.12.2020 |
| Tartu Linnavalitsus | Muu | 5000 € | 04.08.2020 |
| Riigi Tugiteenuste Keskus | Muu | 12 € | 25.05.2016 |
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.
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