OÜ MERITELRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 145 506 € | 5 | 13 607 € |
| Q2 2026 | 70 641 € | 8 | 7368 € |
| Q1 2026 | 24 490 € | 4 | 6999 € |
| Q4 2025 | 63 129 € | 4 | 10 725 € |
| Q3 2025 | 166 540 € | 6 | 11 642 € |
| Q2 2025 | 41 299 € | 8 | 3827 € |
| Q1 2025 | 7323 € | 3 | 3712 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
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 | 35 346 | 52 288 | 73 129 | 53 385 | 70 103 | 112 692 | 122 279 |
| Total non-current assets | 820 | 819 | 259 419 | 397 422 | 448 560 | 469 636 | 584 909 |
| Total assets | 36 166 | 53 107 | 332 548 | 450 807 | 518 663 | 582 328 | 707 188 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 1456 | 683 | 0 | 44 960 | 4513 | 10 626 | 19 513 |
| Non-current liabilities | — | — | 252 404 | 326 917 | 391 466 | 391 934 | 449 380 |
| Total liabilities | 1456 | 683 | 252 404 | 371 877 | 395 979 | 402 560 | 468 893 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 24 389 | 32 210 | 38 858 | 66 649 | 76 430 | 120 184 | 177 268 |
| Profit for the year | 7821 | 6648 | 27 720 | 9781 | 43 754 | 57 084 | 58 527 |
| Reserves and other equity | — | 11 066 | 11 066 | — | — | — | — |
| Total equity | 34 710 | 52 424 | 80 144 | 78 930 | 122 684 | 179 768 | 238 295 |
| Income statement | |||||||
| Sales revenue | 112 604 | 96 426 | 99 308 | 160 377 | 226 411 | 226 137 | 285 595 |
| Operating profit | 7826 | 6646 | 27 712 | 12 278 | 46 201 | 59 779 | 58 713 |
| EBITDA | 7826 | 6646 | 27 712 | 12 278 | 77 430 | 63 677 | 80 303 |
| Profit before income tax | 7821 | 6648 | 27 720 | 9781 | 43 754 | 57 084 | 58 527 |
| Profit for the reporting year | 7821 | 6648 | 27 720 | 9781 | 43 754 | 57 084 | 58 527 |
| Labour costs | 29 310 | 14 819 | 15 502 | 25 169 | 36 057 | 55 291 | 86 903 |
| Depreciation of non-current assets | 0 | 0 | 0 | 0 | 31 229 | 3898 | 21 590 |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 0 | 1 | 2 | 3 |
| Calculated dividend | — | 0 | 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 obligationsAll clear
Data from public registers, not a credit rating.
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Public procurement
1 contractsPublic contracts won worth 40 000 € from 1 contracting authorities (29.01.2024–29.01.2024).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Hüljatud, kadunud või muul viisil vette tagasi sattunud kalapüügivahendite eemaldamine merekeskkonnast tragimise teel | Tartu Ülikool | 40 000 € | 29.01.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: OÜ MERITEL
Overview
OÜ MERITEL (registry code 12547985) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 13 years. Registered location: Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is hotels (EMTAK 55101). The company is registered for VAT (VAT number EE101699514).
Financial results
Revenue in financial year 2025 was 285 595 €, up 26,3% on the previous year (226 137 €). From 2019 to 2025, revenue grew by an average of 16,8% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 58 527 € (20,5% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 95 198 €. At the end of financial year 2025, total assets were 707 188 € and equity 238 295 € (33,7% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 145 506 €, down 12,6% on the same quarter a year earlier. The company had 5 employees in that quarter. Labour taxes paid in the quarter: 13 607 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1760 € per month.
Management and owners
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 22.06.2026. 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.