Osaühing Morentek
RegisteredKey figures
Ratios
2025Summary: Osaühing Morentek
What kind of company is it?
Osaühing Morentek (registry code 10890868) is a private limited company (OÜ). The company was entered in the Commercial Register in 2002 and has been registered for 24 years. Registered location: Tõstamaa alevik, Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is wholesale of wood and primary wood products (EMTAK 46831). The company is registered for VAT (VAT number EE100783243).
How is the company doing financially?
Revenue in financial year 2025 was 229 234 €, down 31,2% on the previous year (333 053 €). From 2019 to 2025, revenue grew by an average of 5,3% per year. Net profit for financial year 2025 was 8686 € (3,8% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 5 employees (6 a year earlier). Revenue per employee was 45 847 €. At the end of financial year 2025, total assets were 183 623 € and equity 167 439 € (91,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 87 827 €, up 126% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 7884 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 960 € 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 25.06.2026. 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 | 87 827 € | 6 | 7884 € |
| Q2 2026 | 54 183 € | 6 | 8295 € |
| Q1 2026 | 44 362 € | 5 | 8598 € |
| Q4 2025 | 38 742 € | 5 | 9256 € |
| Q3 2025 | 38 795 € | 5 | 10 529 € |
| Q2 2025 | 85 326 € | 5 | 8992 € |
| Q1 2025 | 110 414 € | 6 | 8767 € |
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 € (12% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 319 692 | 264 107 | 288 629 | 333 053 | 229 234 |
| Net profit | 40 277 | 25 166 | 19 811 | 59 513 | 8686 |
| Retained earnings | 22 926 | 63 202 | 85 368 | 105 179 | 144 692 |
| Total assets | 117 197 | 135 307 | 145 310 | 205 553 | 183 623 |
| Total liabilities | 39 933 | 32 878 | 26 070 | 26 800 | 16 184 |
| Total equity | 77 264 | 102 429 | 119 240 | 178 753 | 167 439 |
| Employees | 6 | 6 | 6 | 6 | 5 |
| Average gross salary (monthly) | 1041 | 1020 | 1011 | 1044 | 1211 |
| Calculated dividend | 0 | 0 | 3000 | 0 | 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 45 824 € (2018–2022). Largest grantors: Elering AS (34 500 €), Põllumajanduse Registrite ja Informatsiooni Amet (11 324 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 5496 € | 27.01.2022 |
| Elering AS | Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43) | 34 500 € | 17.12.2020 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 5828 € | 07.08.2018 |
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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