Osaühing Merilo Building

Registered

10948409Private limited company (OÜ)Founded 2003

Key figures

104 511 €−65,6%

Revenue 2025

−12,2%

Average annual change 2019–2025

Ratios

2025

0,8%

Profit margin

57,6%

Equity ratio

1,3×

Current ratio

0,7%

Return on equity

799 €

Average gross salary

Summary: Osaühing Merilo Building

What kind of company is it?

Osaühing Merilo Building (registry code 10948409) is a private limited company (OÜ). The company was entered in the Commercial Register in 2003 and has been registered for 23 years. Registered location: Tõdva küla, Saku 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 EE100835984).

How is the company doing financially?

Revenue in financial year 2025 was 104 511 €, down 65,6% on the previous year (303 901 €). From 2019 to 2025, revenue declined by an average of 12,2% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 861 € (0,8% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 52 256 €. At the end of financial year 2025, total assets were 224 785 € and equity 129 544 € (57,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 66 174 €, up 72,6% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 3105 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 800 € 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 27.06.2026. 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	66 174 €	3	3105 €
Q2 2026	34 690 €	3	3094 €
Q1 2026	26 102 €	2	1850 €
Q4 2025	29 850 €	2	2509 €
Q3 2025	38 345 €	2	2731 €
Q2 2025	32 483 €	2	2886 €
Q1 2025	4340 €	3	3117 €

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

Summary of financial statements2021–2025

	2021	2022	2023	2024	2025
Sales revenue	268 157	117 977	219 772	303 901	104 511
Net profit	22 174	−6598	25 071	40 591	861
Retained earnings	44 122	66 296	59 698	84 769	125 360
Total assets	78 666	71 960	139 520	225 960	224 785
Total liabilities	9047	8939	51 428	97 277	95 241
Total equity	69 619	63 021	88 092	128 683	129 544
Employees	2	2	2	2	2
Average gross salary (monthly)	802	739	659	1032	794
Calculated dividend	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 obligationsAll clear

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

All on time

Business Register · 2023–2025

Commercial pledges

None

Business Register

Share pledges and disposal bans

None

Business Register

Data from public registers, not a credit rating.

Connections graph

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State aid and grants

1 record

State aid and de minimis aid in total 4000 € (2023). Largest grantors: SA Keskkonnainvesteeringute Keskus (4000 €).

Show all aid records (1)

20234000 €

Grantor	Purpose	Amount	Date
SA Keskkonnainvesteeringute Keskus	Muu	4000 €	21.07.2023

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

Loading list of reports…

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

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