Osaühing Mertenstone

Registered
11924730Private limited company (OÜ)Founded 2010

Key figures

86 642 €+44,6%
Revenue 2025
+14,0%
Average annual growth 2019–2025
025 k50 k75 k100 k2019202020212022202320242025

Ratios

2025

Summary: Osaühing Mertenstone

What kind of company is it?

Osaühing Mertenstone (registry code 11924730) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Mõisamaa küla, Märjamaa vald, Rapla maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE101362650).

How is the company doing financially?

Revenue in financial year 2025 was 86 642 €, up 44,6% on the previous year (59 900 €). From 2019 to 2025, revenue grew by an average of 14,0% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 37 133 € (42,9% 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 86 642 €. At the end of financial year 2025, total assets were 162 243 € and equity 83 757 € (51,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 24 542 €, down 40,1% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2150 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 820 € 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 13.10.2026. 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 202624 542 €22150 €
Q2 202622 561 €22216 €
Q1 202621 591 €21941 €
Q4 202523 409 €21312 €
Q3 202540 959 €1972 €
Q2 20259888 €1972 €
Q1 20258516 €1683 €

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 revenue29 56556 81550 99959 90086 642
Net profit21658169925613 17737 133
Retained earnings11 04513 21021 37930 63543 812
Total assets50 90953 08054 45960 563162 243
Total liabilities34 88728 88921 01213 93978 486
Total equity16 02224 19133 44746 62483 757
Employees11111
Average gross salary (monthly)5033966546881039
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 obligations1 note6 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
Filed late: 2023, 2025
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%Osaühing MertenstoneRiho Raska
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 51 031 € (2021–2023). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (51 031 €).

Show all aid records (4)
202350 948 €
202253 €
202130 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud50 948 €24.11.2023

The total also includes 3 tax reductions worth 83 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Change history

1 change
  • 09.11.2026*Annual report 2025 filed

Entered in the register on 13.04.2010.

Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).

Annual reportsPDF, XBRL

Loading list of reports…

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

Related companies