Merek Grupp OÜ
RegisteredKey figures
Ratios
2024Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Merek Grupp OÜ
What kind of company is it?
Merek Grupp OÜ (registry code 12756186) is a private limited company (OÜ). The company was entered in the Commercial Register in 2014 and has been registered for 11 years. Registered location: Maardu linn, Harju maakond. According to the latest annual report, the main activity is other excavation and earthmoving work (EMTAK 43129). The company is registered for VAT (VAT number EE101868044).
How is the company doing financially?
Revenue in financial year 2024 was 222 817 €, up 37,5% on the previous year (162 074 €). From 2019 to 2024, revenue grew by an average of 29,9% per year. Net profit for financial year 2024 was 25 590 € (11,5% of revenue). The company was profitable in 5 of the 6 published financial years. In financial year 2024 the company had 1 employees. Revenue per employee was 222 817 €. At the end of financial year 2024, total assets were 351 561 € and equity 270 815 € (77,0% of assets). Based on labour costs in the report, the estimated average gross salary was about 950 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 46 914 €, up 37,0% on the same quarter a year earlier. Labour taxes paid in the quarter: 2516 €.
Who runs the company and who owns it?
The management board has 2 members. The sole owner of the company is 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 30.06.2025. 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 | 46 914 € | — | 2516 € |
| Q2 2026 | 139 131 € | 1 | 2650 € |
| Q1 2026 | 73 064 € | 2 | 375 € |
| Q4 2025 | 70 989 € | — | 519 € |
| Q3 2025 | 34 240 € | 1 | 0 € |
| Q2 2025 | 4566 € | — | 0 € |
| Q1 2025 | 0 € | — | 2037 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 54 748 | 106 557 | 299 795 | 162 074 | 222 817 |
| Net profit | 2756 | 40 460 | 132 807 | 41 647 | 25 590 |
| Retained earnings | 25 056 | 27 811 | 68 271 | 201 078 | 242 725 |
| Total assets | 58 760 | 82 817 | 224 054 | 305 372 | 351 561 |
| Total liabilities | 28 448 | 12 046 | 20 476 | 60 147 | 80 746 |
| Total equity | 30 312 | 70 771 | 203 578 | 245 225 | 270 815 |
| Employees | 0 | 1 | 2 | 1 | 1 |
| Average gross salary (monthly) | — | 768 | 998 | 1644 | 947 |
| 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 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.