Mergus OÜ
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2025Summary: Mergus OÜ
What kind of company is it?
Mergus OÜ (registry code 14085709) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 10 years. Registered location: Kandiküla, Tartu linn, Tartu maakond. According to the latest annual report, the main activity is all other professional, scientific and technical activities n.e.c. (EMTAK 74991). The company is registered for VAT (VAT number EE102230914).
How is the company doing financially?
Revenue in financial year 2025 was 80 832 €, up 56,7% on the previous year (51 569 €). From 2019 to 2025, revenue grew by an average of 4,4% per year. Financial year 2025 ended with a loss of 35 973 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 80 832 €. At the end of financial year 2025, total assets were 105 974 € and equity 94 888 € (89,5% of assets). Based on labour costs in the report, the estimated average gross salary was about 810 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 15 600 €, down 51,7% on the same quarter a year earlier. Labour taxes paid in the quarter: 1343 €.
Who runs the company and who owns it?
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.
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 07.07.2026. 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 | 15 600 € | — | 1343 € |
| Q2 2026 | 15 705 € | — | 1343 € |
| Q1 2026 | 17 428 € | — | 1343 € |
| Q4 2025 | 11 909 € | — | 1343 € |
| Q3 2025 | 32 322 € | — | 1343 € |
| Q2 2025 | 18 895 € | — | 1343 € |
| Q1 2025 | 18 198 € | — | 1305 € |
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 | 80 841 | 101 406 | 101 295 | 51 569 | 80 832 |
| Net profit | 27 783 | 24 035 | 22 765 | 6698 | −35 973 |
| Retained earnings | 50 057 | 77 840 | 101 619 | 123 907 | 130 605 |
| Total assets | 91 804 | 133 582 | 152 837 | 144 744 | 105 974 |
| Total liabilities | 13 964 | 31 707 | 28 197 | 13 883 | 11 086 |
| Total equity | 77 840 | 101 875 | 124 640 | 130 861 | 94 888 |
| Employees | 0 | 0 | 0 | 0 | 1 |
| Average gross salary (monthly) | — | — | — | — | 808 |
| 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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