Mereneid Trading OÜRegistered

10589761Private limited company (OÜ)Founded 1999

Key figures

1 189 527 €+10,1%
Revenue 2025
+10,0%
Average annual growth 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0250 k500 k750 k2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026364 812 €729 436 €
Q2 2026382 424 €726 400 €
Q1 2026376 339 €725 779 €
Q4 2025367 666 €624 840 €
Q3 2025290 031 €624 551 €
Q2 2025308 297 €622 877 €
Q1 2025244 108 €622 403 €

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 19 781 € (4% of distributable profit).

History
202519 781 €
202420 999 €
20239982 €
20220 €
20211019 €
202016 600 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets175 235261 231341 904384 943473 685586 536699 400
Total non-current assets—430119 66548 49939 96664 05642 756
Total assets175 235265 532361 569433 442513 651650 592742 156
Balance sheet — liabilities and equity
Current liabilities31 46749 62450 35236 84544 65462 59473 417
Non-current liabilities—————26 56522 801
Total liabilities31 46749 62450 35236 84544 65489 15996 218
Share capital2556255625562556255625562556
Retained earnings of previous periods114 012124 356212 077309 414383 803445 186538 840
Profit for the year26 94488 74096 32884 37182 382113 435104 286
Reserves and other equity256256256256256256256
Total equity143 768215 908311 217396 597468 997561 433645 938
Income statement
Sales revenue671 410709 831795 176912 656975 3001 080 4271 189 527
Operating profit29 44092 86196 45884 35884 392118 342109 957
EBITDA—92 93497 96289 62794 195128 575127 232
Profit before income tax29 44492 86496 47184 37184 750118 590109 659
Profit for the reporting year26 94488 74096 32884 37182 382113 435104 286
Labour costs180 218158 844169 576178 577175 276183 546206 141
Depreciation of non-current assets—7315045269980310 23317 275
Other indicators
Employees8777666
Calculated dividend—16 60010190998220 99919 781

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 note4 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)
Annual report filing
3/3 filed
Filed late: 2024
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%100%Mereneid Trading OÜSülvi Peets1Diana RajasaluFred Rajasalu
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

Summary: Mereneid Trading OÜ

Overview

Mereneid Trading OÜ (registry code 10589761) is a private limited company (OÜ). The company was entered in the Commercial Register in 1999 and has been registered for 26 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is non-specialised wholesale trade (EMTAK 46901). The company is registered for VAT (VAT number EE100572933).

Financial results

Revenue in financial year 2025 was 1 189 527 €, up 10,1% on the previous year (1 080 427 €). From 2019 to 2025, revenue grew by an average of 10,0% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 104 286 € (8,8% 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 198 255 €. At the end of financial year 2025, total assets were 742 156 € and equity 645 938 € (87,0% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 364 812 €, up 25,8% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 29 436 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2600 € per month.

Management and owners

The company has one management board member. According to the register, the company has 2 owners. The largest stake (100%) is held by a private individual.

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 30.06.2026. 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.

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