MEKO Baltics ASRegistered
Key figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 18 181 268 € | 145 | 568 405 € |
| Q2 2026 | 19 016 685 € | 153 | 519 585 € |
| Q1 2026 | 15 277 349 € | 145 | 538 055 € |
| Q4 2025 | 19 684 899 € | 148 | 592 405 € |
| Q3 2025 | 17 113 980 € | 156 | 619 333 € |
| Q2 2025 | 18 819 445 € | 170 | 565 019 € |
| Q1 2025 | 15 571 712 € | 164 | 573 456 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 4 967 255 € (11% of distributable profit).
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 | 18 328 235 | 19 738 840 | 20 820 081 | 22 963 153 | 26 659 198 | 31 259 729 | 29 767 922 |
| Total non-current assets | 18 514 067 | 18 799 457 | 18 166 496 | 18 175 668 | 18 509 077 | 19 621 440 | 18 902 501 |
| Total assets | 36 842 302 | 38 538 297 | 38 986 577 | 41 138 821 | 45 168 275 | 50 881 169 | 48 670 423 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 1 907 802 | 1 994 782 | 3 220 985 | 3 198 478 | 4 087 015 | 6 336 387 | 6 196 154 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 1 907 802 | 1 994 782 | 3 220 985 | 3 198 478 | 4 087 015 | 6 336 387 | 6 196 154 |
| Share capital | 25 600 | 25 600 | 25 600 | 25 600 | 25 600 | 25 600 | 25 600 |
| Retained earnings of previous periods | 32 550 405 | 34 406 340 | 33 515 355 | 34 987 432 | 37 162 183 | 40 053 100 | 39 549 367 |
| Profit for the year | 2 355 935 | 2 109 015 | 2 222 077 | 2 924 751 | 3 890 917 | 4 463 522 | 2 896 742 |
| Reserves and other equity | 2560 | 2560 | 2560 | 2560 | 2560 | 2560 | 2560 |
| Total equity | 34 934 500 | 36 543 515 | 35 765 592 | 37 940 343 | 41 081 260 | 44 544 782 | 42 474 269 |
| Income statement | |||||||
| Sales revenue | 29 200 677 | 28 850 160 | 32 904 158 | 36 696 626 | 37 423 349 | 40 586 246 | 43 472 190 |
| Operating profit | 1 076 870 | 927 815 | 1 429 255 | 1 511 224 | 2 176 725 | 1 888 084 | 1 240 342 |
| EBITDA | 1 812 549 | 1 791 683 | 2 270 494 | 2 304 402 | 2 986 994 | 2 748 866 | 2 204 393 |
| Profit before income tax | 2 355 935 | 2 109 015 | 2 644 396 | 2 945 914 | 3 890 917 | 4 463 522 | 3 657 531 |
| Profit for the reporting year | 2 355 935 | 2 109 015 | 2 222 077 | 2 924 751 | 3 890 917 | 4 463 522 | 2 896 742 |
| Labour costs | 3 245 682 | 3 384 109 | 3 741 792 | 4 069 674 | 4 211 035 | 5 068 975 | 5 637 711 |
| Depreciation of non-current assets | 735 679 | 863 868 | 841 239 | 793 178 | 810 269 | 860 782 | 964 051 |
| Other indicators | |||||||
| Employees | 119 | 128 | 132 | 134 | 131 | 138 | 153 |
| Calculated dividend | — | 500 000 | 3 000 000 | 750 000 | 750 000 | 1 000 000 | 4 967 255 |
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.
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Public procurement
12 contractsPublic contracts won worth 478 750 € from 6 contracting authorities (29.05.2025–08.10.2026). Plus 9 framework agreements shared with other suppliers (not included in the total).
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: MEKO Baltics AS
Overview
MEKO Baltics AS (registry code 10279055) is a public limited company (AS). The company was entered in the Commercial Register in 1997 and has been registered for 29 years. Registered location: Lehmja küla, Rae vald, Harju maakond. According to the latest annual report, the main activity is wholesale of motor vehicle parts and accessories (EMTAK 46721). The company is registered for VAT (VAT number EE100222597).
Financial results
Revenue in financial year 2025 was 43 472 190 €, up 7,1% on the previous year (40 586 246 €). From 2019 to 2025, revenue grew by an average of 6,9% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 2 896 742 € (6,7% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 153 employees (138 a year earlier). Revenue per employee was 284 132 €. At the end of financial year 2025, total assets were 48 670 423 € and equity 42 474 269 € (87,3% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 18 181 268 €, up 6,2% on the same quarter a year earlier. The company had 145 employees in that quarter. Labour taxes paid in the quarter: 568 405 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2440 € per month.
Management and owners
The company has one management board member. The supervisory board has 3 members.
Data sources and freshness
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.