Morek IT OÜRegistered
Key figures
5 646 876 €+13,2%
Revenue 2025
+9,9%
Average annual growth 2019–2025
Ratios
202511,9%
Profit margin
11,0%
EBITDA margin
73,3%
Equity ratio
2,3×
Current ratio
14,4%
Return on equity
3690 €
Average gross salary
Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 2 250 392 € | 11 | 67 305 € |
| Q1 2026 | 2 559 727 € | 11 | 68 282 € |
| Q4 2025 | 2 284 434 € | 10 | 66 356 € |
| Q3 2025 | 1 942 028 € | 10 | 72 417 € |
| Q2 2025 | 2 194 349 € | 11 | 57 138 € |
| Q1 2025 | 2 038 200 € | 10 | 53 790 € |
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 | 1 156 968 | 1 501 860 | 2 147 315 | 2 111 083 | 2 849 758 | 2 760 111 | 3 098 810 |
| Total non-current assets | 869 950 | 888 263 | 659 351 | 1 573 658 | 1 402 102 | 2 383 653 | 3 288 145 |
| Total assets | 2 026 918 | 2 390 123 | 2 806 666 | 3 684 741 | 4 251 860 | 5 143 764 | 6 386 955 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 430 277 | 632 366 | 731 727 | 812 050 | 927 377 | 1 658 766 | 1 346 110 |
| Non-current liabilities | 142 278 | 91 839 | 101 249 | 227 454 | 347 199 | 365 230 | 358 387 |
| Total liabilities | 572 555 | 724 205 | 832 976 | 1 039 504 | 1 274 576 | 2 023 996 | 1 704 497 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 1 327 896 | 1 451 607 | 1 663 162 | 1 970 934 | 2 642 481 | 2 974 528 | 4 007 539 |
| Profit for the year | 123 711 | 211 555 | 307 772 | 671 547 | 332 047 | 142 484 | 672 163 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 1 454 363 | 1 665 918 | 1 973 690 | 2 645 237 | 2 977 284 | 3 119 768 | 4 682 458 |
| Income statement | |||||||
| Sales revenue | 3 205 113 | 2 890 366 | 3 766 167 | 4 545 731 | 5 060 609 | 4 987 122 | 5 646 876 |
| Operating profit | 107 207 | 194 934 | 301 303 | 677 123 | 310 763 | 93 364 | 608 232 |
| EBITDA | 125 810 | 219 484 | 409 219 | 783 788 | 416 723 | 218 681 | 618 567 |
| Profit before income tax | 123 711 | 211 555 | 307 772 | 671 547 | 332 047 | 142 484 | 672 163 |
| Profit for the reporting year | 123 711 | 211 555 | 307 772 | 671 547 | 332 047 | 142 484 | 672 163 |
| Labour costs | 390 945 | 359 435 | 643 689 | 574 796 | 393 642 | 400 468 | 602 556 |
| Depreciation of non-current assets | 18 603 | 24 550 | 107 916 | 106 665 | 105 960 | 125 317 | 10 335 |
| Other indicators | |||||||
| Employees | 14 | 13 | 17 | 14 | 9 | 10 | 11 |
| 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.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Non-specialised wholesale trade