MRG System OÜ
RegisteredKey figures
Ratios
2024Summary: MRG System OÜ
What kind of company is it?
MRG System OÜ (registry code 11630253) is a private limited company (OÜ). The company was entered in the Commercial Register in 2009 and has been registered for 17 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is installation, repair and maintenance of heating, ventilation and air-conditioning equipment (EMTAK 43221). The company is registered for VAT (VAT number EE101286600).
How is the company doing financially?
Revenue in financial year 2024 was 3 610 762 €, down 3,2% on the previous year (3 731 464 €). From 2019 to 2024, revenue grew by an average of 4,2% per year. Net profit for financial year 2024 was 78 679 € (2,2% of revenue). The company was profitable in all 6 published financial years. In financial year 2024 the company had 13 employees. Revenue per employee was 277 751 €. At the end of financial year 2024, total assets were 1 409 515 € and equity 1 034 269 € (73,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1 491 831 €, up 67,3% on the same quarter a year earlier. The company had 16 employees in that quarter. Labour taxes paid in the quarter: 45 175 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1820 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 2 owners. The largest stake (70%) is held by a private individual.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 13.10.2025. 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 | 1 491 831 € | 16 | 45 175 € |
| Q2 2026 | 939 617 € | 16 | 42 628 € |
| Q1 2026 | 964 505 € | 16 | 47 297 € |
| Q4 2025 | 1 198 490 € | 15 | 52 773 € |
| Q3 2025 | 891 539 € | 16 | 53 920 € |
| Q2 2025 | 998 030 € | 16 | 44 728 € |
| Q1 2025 | 914 728 € | 13 | 40 665 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 158 819 € (14% of distributable profit).
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 2 984 609 | 2 857 677 | 3 008 858 | 3 731 464 | 3 610 762 |
| Net profit | 251 362 | 26 069 | 118 059 | 318 433 | 78 679 |
| Retained earnings | 775 660 | 930 248 | 801 888 | 793 170 | 952 784 |
| Total assets | 1 218 361 | 1 249 097 | 1 203 197 | 1 452 823 | 1 409 515 |
| Total liabilities | 188 533 | 289 974 | 280 444 | 338 414 | 375 246 |
| Total equity | 1 029 828 | 959 123 | 922 753 | 1 114 409 | 1 034 269 |
| Employees | 13 | 15 | 14 | 13 | 13 |
| Average gross salary (monthly) | 1136 | 1191 | 1507 | 1860 | 1972 |
| Calculated dividend | 39 248 | 96 774 | 154 429 | 126 777 | 158 819 |
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 issue6 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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