H&M MERTENS OÜ

Registered
11539110Private limited company (OÜ)Founded 2008

Key figures

50 499 €+10,4%
Revenue 2025
+8,6%
Average annual growth 2019–2025
020 k40 k60 k2019202020212022202320242025

Ratios

2025

Summary: H&M MERTENS OÜ

What kind of company is it?

H&M MERTENS OÜ (registry code 11539110) is a private limited company (OÜ). The company was entered in the Commercial Register in 2008 and has been registered for 18 years. Registered location: Ahja alevik, Põlva vald, Põlva maakond. According to the latest annual report, the main activity is driving instruction (EMTAK 85531). The company is registered for VAT (VAT number EE101324902).

How is the company doing financially?

Revenue in financial year 2025 was 50 499 €, up 10,4% on the previous year (45 734 €). From 2019 to 2025, revenue grew by an average of 8,6% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 698 € (1,4% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 50 499 €. At the end of financial year 2025, total assets were 21 123 € and equity 19 467 € (92,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 6762 €, down 17,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1096 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 830 € 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 17.03.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20266762 €11096 €
Q2 202615 653 €11096 €
Q1 20269722 €11106 €
Q4 202519 202 €11021 €
Q3 20258199 €11126 €
Q2 20258437 €11126 €
Q1 202513 907 €11085 €

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
20212022202320242025
Sales revenue35 03733 32950 00845 73450 499
Net profit1263−16336512100698
Retained earnings971510 978934515 85715 957
Total assets14 06112 82219 29719 75221 123
Total liabilities2716656289831656
Total equity13 79012 15718 66918 76919 467
Employees11111
Average gross salary (monthly)441655659820829
Calculated dividend00000

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
Register status
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
100%H&M MERTENS OÜHelmo Mertens
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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