Morvelton Osaühing
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2025Summary: Morvelton Osaühing
What kind of company is it?
Morvelton Osaühing (registry code 11659564) 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: Märjamaa alev, Märjamaa vald, Rapla maakond. According to the latest annual report, the main activity is support services to forestry (EMTAK 02401). The company is registered for VAT (VAT number EE101338639).
How is the company doing financially?
Revenue in financial year 2025 was 287 291 €, down 17,0% on the previous year (345 967 €). From 2019 to 2025, revenue grew by an average of 4,8% per year. Net profit for financial year 2025 was 19 249 € (6,7% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 95 764 €. At the end of financial year 2025, total assets were 178 676 € and equity 95 210 € (53,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 62 565 €, down 12,8% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 4438 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1470 € 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 04.07.2026. 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 | 62 565 € | 2 | 4438 € |
| Q2 2026 | 70 764 € | 2 | 4438 € |
| Q1 2026 | 89 725 € | 2 | 4368 € |
| Q4 2025 | 90 904 € | 2 | 4332 € |
| Q3 2025 | 71 753 € | 2 | 3720 € |
| Q2 2025 | 58 483 € | 2 | 4043 € |
| Q1 2025 | 71 321 € | 2 | 4061 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 315 557 | 353 274 | 342 757 | 345 967 | 287 291 |
| Net profit | −1420 | 3008 | 3255 | −13 401 | 19 249 |
| Retained earnings | 81 707 | 80 287 | 83 295 | 86 550 | 73 149 |
| Total assets | 172 983 | 235 482 | 231 256 | 160 332 | 178 676 |
| Total liabilities | 89 884 | 149 375 | 141 894 | 84 371 | 83 466 |
| Total equity | 83 099 | 86 107 | 89 362 | 75 961 | 95 210 |
| Employees | 3 | 3 | 3 | 3 | 3 |
| Average gross salary (monthly) | 916 | 930 | 968 | 913 | 937 |
| Calculated dividend | 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.
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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