METEK OÜ

Registered
10300683Private limited company (OÜ)Founded 1997
Going concern uncertainty. In the 2019 report the auditor pointed to material uncertainty about the company's ability to continue as a going concern.
Qualified audit opinion. 2019 report: Qualified.

Key figures

11 102 652 €+12,5%
Revenue 2025
−3,4%
Average annual change 2019–2025
05 m10 m15 m2019202020212022202320242025

Ratios

2025

Summary: METEK OÜ

What kind of company is it?

METEK OÜ (registry code 10300683) 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: Laabi küla, Harku vald, Harju maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE100495366).

How is the company doing financially?

Revenue in financial year 2025 was 11 102 652 €, up 12,5% on the previous year (9 871 357 €). From 2019 to 2025, revenue declined by an average of 3,4% per year. Net profit for financial year 2025 was 258 568 € (2,3% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 68 employees (71 a year earlier). Revenue per employee was 163 274 €. At the end of financial year 2025, total assets were 5 529 513 € and equity 1 672 725 € (30,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 4 729 947 €, up 66,7% on the same quarter a year earlier. The company had 71 employees in that quarter. Labour taxes paid in the quarter: 284 609 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2490 € 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.

What should you look out for?

In the report for financial year 2019, the auditor pointed to a material uncertainty about the company's ability to continue as a going concern.

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 01.07.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (984500D94Z397541C683) comes from the GLEIF database. 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 20264 729 947 €71284 609 €
Q2 20265 380 030 €73276 816 €
Q1 20262 439 702 €70254 877 €
Q4 20253 425 439 €67274 116 €
Q3 20252 837 974 €67244 738 €
Q2 20253 212 634 €67266 859 €
Q1 20251 217 798 €68290 645 €

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

Dividends

calculated
2025

Distributed as dividends 138 165 € (23% of distributable profit).

History
2025138 165 €
2024495 452 €
2023627 372 €
20220 €
2021 ~117 976 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue10 544 82511 847 40611 304 7329 871 35711 102 652
Net profit444 230814 144564 765323 845258 568
Retained earnings−424 65019 580206 352275 665461 345
Total assets3 390 2464 359 5494 030 7384 593 2675 529 513
Total liabilities2 417 8542 573 0132 306 8093 040 9453 856 788
Total equity972 3921 786 5361 723 9291 552 3221 672 725
Employees8281757168
Average gross salary (monthly)21932253254526482569
Calculated dividend117 9760627 372495 452138 165

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 obligations1 note1 for information6 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
Filed late: 2025
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Commercial pledges
6 pledges · 1 659 152 €
A pledge over the company's movable assets, usually securing a loan.
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%METEK OÜ1Erko Karo
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 11 116 € (2024–2025). Largest grantors: Eesti Töötukassa (5316 €), SA Keskkonnainvesteeringute Keskus (4000 €), Ettevõtluse ja Innovatsiooni Sihtasutus (1800 €).

Show all aid records (3)
20255316 €
20245800 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA5316 €05.09.2025
SA Keskkonnainvesteeringute KeskusMuu4000 €15.07.2024
Ettevõtluse ja Innovatsiooni SihtasutusNõustamine VTA1800 €04.04.2024

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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