Mervecon Trade OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Mervecon Trade OÜ
What kind of company is it?
Mervecon Trade OÜ (registry code 11168560) is a private limited company (OÜ). The company was entered in the Commercial Register in 2005 and has been registered for 21 years. Registered location: Pirita linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other information service activities (EMTAK 63921). The company is registered for VAT (VAT number EE101003731).
How is the company doing financially?
Revenue in financial year 2025 was 85 402 €, up 30,2% on the previous year (65 581 €). From 2019 to 2025, revenue grew by an average of 1,1% per year. Net profit for financial year 2025 was 201 830 € (236% of revenue). The company was profitable in all 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 1 506 513 € and equity 1 369 395 € (90,9% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 17 000 €, down 50,7% on the same quarter a year earlier.
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 02.07.2026. 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 | 17 000 € | — | 0 € |
| Q2 2026 | 14 000 € | — | 0 € |
| Q1 2026 | 40 500 € | — | 0 € |
| Q4 2025 | 15 697 € | — | 0 € |
| Q3 2025 | 34 505 € | — | 0 € |
| Q2 2025 | 4000 € | — | 0 € |
| Q1 2025 | 8000 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 54 693 | 88 811 | 37 215 | 65 581 | 85 402 |
| Net profit | 100 629 | 80 023 | 106 710 | 199 978 | 201 830 |
| Retained earnings | 572 046 | 672 675 | 865 499 | 964 775 | 1 164 753 |
| Total assets | 802 610 | 859 163 | 1 130 844 | 1 319 904 | 1 506 513 |
| Total liabilities | 127 123 | 103 653 | 155 823 | 152 339 | 137 118 |
| Total equity | 675 487 | 755 510 | 975 021 | 1 167 565 | 1 369 395 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | 0 | 0 | 0 | 7434 | 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 note6 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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