Mereland OÜ
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2025Summary: Mereland OÜ
What kind of company is it?
Mereland OÜ (registry code 12818562) is a private limited company (OÜ). The company was entered in the Commercial Register in 2015 and has been registered for 11 years. Registered location: Koosa küla, Peipsiääre vald, Tartu maakond. According to the latest annual report, the main activity is machining of metal (EMTAK 25531). The company is registered for VAT (VAT number EE101782609).
How is the company doing financially?
Revenue in financial year 2025 was 259 505 €, down 6,7% on the previous year (278 129 €). From 2019 to 2025, revenue declined by an average of 3,3% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 20 928 € (8,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees (4 a year earlier). Revenue per employee was 129 753 €. At the end of financial year 2025, total assets were 141 235 € and equity 104 133 € (73,7% of assets). Based on labour costs in the report, the estimated average gross salary was about 320 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 80 640 €, down 19,6% on the same quarter a year earlier. The company had 1 employees in that quarter.
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. Latest register change: 24.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 07.10.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 80 640 € | 1 | 0 € |
| Q2 2026 | 59 061 € | 2 | 272 € |
| Q1 2026 | 64 763 € | 2 | 66 € |
| Q4 2025 | 67 887 € | 2 | 498 € |
| Q3 2025 | 100 308 € | 3 | 457 € |
| Q2 2025 | 73 234 € | 1 | 0 € |
| Q1 2025 | 34 203 € | 1 | 800 € |
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 | 548 851 | 646 408 | 430 485 | 278 129 | 259 505 |
| Net profit | 367 | 5709 | 34 001 | 25 580 | 20 928 |
| Retained earnings | 15 048 | 15 415 | 21 124 | 55 125 | 80 705 |
| Total assets | 115 072 | 126 302 | 88 880 | 111 414 | 141 235 |
| Total liabilities | 97 157 | 102 678 | 31 255 | 28 209 | 37 102 |
| Total equity | 17 915 | 23 624 | 57 625 | 83 205 | 104 133 |
| Employees | 11 | 11 | 9 | 4 | 2 |
| Average gross salary (monthly) | 594 | 713 | 636 | 302 | 319 |
| 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 issue1 note5 clear
Data from public registers, not a credit rating.
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State aid and grants
5 recordsState aid and de minimis aid in total 9167 € (2017–2021). Largest grantors: Eesti Töötukassa (9139 €), Riigi Tugiteenuste Keskus (28 €).
Show all aid records (5)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 775 € | 26.05.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 2766 € | 15.03.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 5598 € | 13.08.2019 |
| Riigi Tugiteenuste Keskus | Muu | 20 € | 15.05.2017 |
| Riigi Tugiteenuste Keskus | Muu | 8 € | 15.05.2017 |
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
3 changes- 09.11.2026*Annual report 2025 filed
- 09.11.2026*Address changed: Tartu maakond, Peipsiääre vald, Koosa küla, Lasteaia tn 7-9 · previously: Tartu maakond, Peipsiääre vald, Koosa küla, Koosa 20-9
- 24.10.2026Registry entry changed
Entered in the register on 19.03.2015.
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).
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