Merelen OsaühingRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 259 435 € | 11 | 25 360 € |
| Q2 2026 | 81 590 € | 11 | 23 490 € |
| Q1 2026 | 90 694 € | 11 | 23 474 € |
| Q4 2025 | 256 316 € | 10 | 26 213 € |
| Q3 2025 | 573 235 € | 10 | 26 368 € |
| Q2 2025 | 130 552 € | 10 | 23 552 € |
| Q1 2025 | 247 017 € | 10 | 25 849 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 530 356 | 452 004 | 580 761 | 488 649 | 350 519 | 507 908 | 478 547 |
| Total non-current assets | 726 185 | 784 496 | 767 580 | 843 303 | 951 670 | 849 944 | 858 129 |
| Total assets | 1 256 541 | 1 236 500 | 1 348 341 | 1 331 952 | 1 302 189 | 1 357 852 | 1 336 676 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 92 810 | 120 427 | 78 330 | 82 918 | 47 811 | 83 746 | 56 332 |
| Non-current liabilities | 124 140 | 73 291 | 32 962 | 0 | 0 | 0 | 0 |
| Total liabilities | 216 950 | 193 718 | 111 292 | 82 918 | 47 811 | 83 746 | 56 332 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 749 779 | 1 036 779 | 1 039 970 | 1 234 237 | 1 246 222 | 1 251 566 | 1 271 294 |
| Profit for the year | 287 000 | 3191 | 194 266 | 11 985 | 5344 | 19 728 | 6238 |
| Reserves and other equity | 256 | 256 | 257 | 256 | 256 | 256 | 256 |
| Total equity | 1 039 591 | 1 042 782 | 1 237 049 | 1 249 034 | 1 254 378 | 1 274 106 | 1 280 344 |
| Income statement | |||||||
| Sales revenue | 1 412 662 | 850 514 | 3 052 493 | 943 852 | 827 251 | 1 032 578 | 1 032 066 |
| Operating profit | 290 760 | 5792 | 192 157 | 45 348 | 108 590 | 21 355 | 42 953 |
| EBITDA | 412 498 | 145 368 | 347 048 | 183 629 | 265 271 | 188 598 | 205 420 |
| Profit before income tax | 287 000 | 3191 | 194 266 | 11 985 | 5344 | 19 728 | 6238 |
| Profit for the reporting year | 287 000 | 3191 | 194 266 | 11 985 | 5344 | 19 728 | 6238 |
| Labour costs | 221 649 | 234 217 | 246 069 | 241 691 | 248 022 | 273 680 | 253 170 |
| Depreciation of non-current assets | 121 738 | 139 576 | 154 891 | 138 281 | 156 681 | 167 243 | 162 467 |
| Other indicators | |||||||
| Employees | 12 | 12 | 12 | 12 | 12 | 12 | 10 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 |
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
Data from public registers, not a credit rating.
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Public procurement
2 contractsPublic contracts won worth 96 616 € from 2 contracting authorities (01.10.2024–16.04.2026).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Jõgeva valla bussipeatuste arendamine | Jõgeva Vallavalitsus | 96 455 € | 16.04.2026 |
| Jõgeva valla teede talihoole · Piirkond Palamuse | Osaühing Kuremaa Enveko | 87 € | 01.10.2024 |
| Jõgeva valla teede talihoole · Piirkond Siimusti | Osaühing Kuremaa Enveko | 74 € | 01.10.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Merelen Osaühing
Overview
Merelen Osaühing (registry code 10911375) is a private limited company (OÜ). The company was entered in the Commercial Register in 2002 and has been registered for 23 years. Registered location: Laiuse alevik, Jõgeva vald, Jõgeva maakond. According to the latest annual report, the main activity is construction of other civil engineering projects n.e.c. (EMTAK 42991). The company is registered for VAT (VAT number EE100798351).
Financial results
Revenue in financial year 2025 was 1 032 066 €, on a par with the previous year. From 2019 to 2025, revenue declined by an average of 5,1% per year. Net profit for financial year 2025 was 6238 € (0,6% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 10 employees (12 a year earlier). Revenue per employee was 103 207 €. At the end of financial year 2025, total assets were 1 336 676 € and equity 1 280 344 € (95,8% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 259 435 €, down 54,7% on the same quarter a year earlier. The company had 11 employees in that quarter. Labour taxes paid in the quarter: 25 360 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1520 € per month.
Management and owners
The company has one management board member. The sole owner of the company is 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.