osaühing MERKVIKRegistered
Key figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 10 058 € | — | 2013 € |
| Q2 2026 | 16 077 € | — | 2013 € |
| Q1 2026 | 29 408 € | — | 1342 € |
| Q4 2025 | 190 769 € | — | 1650 € |
| Q3 2025 | 33 605 € | — | 1650 € |
| Q2 2025 | 9599 € | — | 1650 € |
| Q1 2025 | 19 541 € | — | 1630 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 2692 € (1% of distributable profit).
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 48 404 | 93 314 | 124 324 | 147 242 | 181 300 | 220 269 | 357 853 |
| Total non-current assets | 15 953 | 17 572 | 13 101 | 11 675 | 19 711 | 23 007 | 21 927 |
| Total assets | 64 357 | 110 886 | 137 425 | 158 917 | 201 011 | 243 276 | 379 780 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 4707 | 6660 | 9549 | 6519 | 3662 | 8133 | 12 473 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 4707 | 6660 | 9549 | 6519 | 3662 | 8133 | 12 473 |
| Share capital | 2569 | 2569 | 2569 | 2569 | 2569 | 2569 | 2569 |
| Retained earnings of previous periods | 32 277 | 57 027 | 101 001 | 119 591 | 147 544 | 191 475 | 229 882 |
| Profit for the year | 24 804 | 44 630 | 24 306 | 30 238 | 47 236 | 41 099 | 134 856 |
| Total equity | 59 650 | 104 226 | 127 876 | 152 398 | 197 349 | 235 143 | 367 307 |
| Income statement | |||||||
| Sales revenue | 95 758 | 116 741 | 78 988 | 137 531 | 89 284 | 72 233 | 249 398 |
| Operating profit | 24 801 | 36 413 | 17 126 | 48 388 | 15 031 | 11 579 | 77 360 |
| EBITDA | 28 863 | 37 839 | 18 552 | 49 814 | 16 577 | 13 484 | 78 440 |
| Profit before income tax | 24 804 | 44 644 | 24 468 | 31 642 | 47 584 | 41 679 | 135 615 |
| Profit for the reporting year | 24 804 | 44 630 | 24 306 | 30 238 | 47 236 | 41 099 | 134 856 |
| Labour costs | 10 636 | 15 500 | 15 960 | 15 621 | 15 960 | 15 960 | 15 960 |
| Depreciation of non-current assets | 4062 | 1426 | 1426 | 1426 | 1546 | 1905 | 1080 |
| Other indicators | |||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 656 | 5716 | 2285 | 3305 | 2692 |
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
Public procurement
1 contractsPublic contracts won worth 176 690 € from 1 contracting authorities (25.07.2025–25.07.2025).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Pärnu linna tänavavalgustuse rekonstrueerimine · joint bid | Pärnu Linnavalitsus | 176 690 € | 25.07.2025 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: osaühing MERKVIK
Overview
Osaühing MERKVIK (registry code 11321687) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 19 years. Registered location: Paikuse alev, Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is electrical installation (EMTAK 4321). The company is registered for VAT (VAT number EE101106557).
Financial results
Revenue in financial year 2025 was 249 398 €, up 245% on the previous year (72 233 €). From 2019 to 2025, revenue grew by an average of 17,3% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 134 856 € (54,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 249 398 €. At the end of financial year 2025, total assets were 379 780 € and equity 367 307 € (96,7% of assets). Based on labour costs in the report, the estimated average gross salary was about 990 € per month.
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 10 058 €, down 70,1% on the same quarter a year earlier. Labour taxes paid in the quarter: 2013 €.
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 16.01.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (984500B7AC11YEA3FA17) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.