osaühing MORINDO
RegisteredKey figures
Ratios
2025Summary: osaühing MORINDO
What kind of company is it?
Osaühing MORINDO (registry code 10545858) is a private limited company (OÜ). The company was entered in the Commercial Register in 1999 and has been registered for 27 years. Registered location: Kristiine linnaosa, Tallinn, 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 EE100535051).
How is the company doing financially?
Revenue in financial year 2025 was 583 349 €, up 7,1% on the previous year (544 876 €). From 2019 to 2025, revenue declined by an average of 6,9% per year. Net profit for financial year 2025 was 10 964 € (1,9% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 9 employees. Revenue per employee was 64 817 €. At the end of financial year 2025, total assets were 165 349 € and equity 53 366 € (32,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 242 584 €, up 30,7% on the same quarter a year earlier. The company had 9 employees in that quarter. Labour taxes paid in the quarter: 22 713 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1650 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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 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 | 242 584 € | 9 | 22 713 € |
| Q2 2026 | 84 000 € | 9 | 20 110 € |
| Q1 2026 | 144 140 € | 9 | 28 061 € |
| Q4 2025 | 167 935 € | 9 | 36 352 € |
| Q3 2025 | 185 546 € | 9 | 32 418 € |
| Q2 2025 | 109 166 € | 9 | 24 438 € |
| Q1 2025 | 86 214 € | 9 | 26 368 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 2244 € (5% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 577 704 | 452 754 | 574 029 | 544 876 | 583 349 |
| Net profit | −82 949 | −59 444 | 29 012 | 896 | 10 964 |
| Retained earnings | 156 454 | 73 505 | 11 925 | 40 938 | 39 590 |
| Total assets | 157 393 | 99 375 | 163 056 | 139 571 | 165 349 |
| Total liabilities | 81 076 | 82 502 | 119 307 | 94 925 | 111 983 |
| Total equity | 76 317 | 16 873 | 43 749 | 44 646 | 53 366 |
| Employees | 12 | 12 | 10 | 9 | 9 |
| Average gross salary (monthly) | 1397 | 1353 | 1403 | 1632 | 1868 |
| Calculated dividend | 562 | 0 | 2136 | 0 | 2244 |
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 note6 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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