Markelin Project OÜRegistered

14680783Private limited company (OÜ)Founded 2019

Key figures

119 989 €+38,9%
Revenue 2025
+28,0%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
025 k50 k75 k2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026700 €14903 €
Q2 202681 270 €14903 €
Q1 202619 025 €14827 €
Q4 202551 414 €14677 €
Q3 202534 662 €14677 €
Q2 202512 252 €14677 €
Q1 20257400 €14588 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
202417 320 €
20238000 €
20220 €
20210 €
20200 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets10 74320 62626 66821 80730 98917 58661 847
Total non-current assets—359207265628783040
Total assets10 74320 98528 74028 36931 86717 89061 847
Balance sheet — liabilities and equity
Current liabilities1174381717662994626633326710
Non-current liabilities———————
Total liabilities1174381717662994626633326710
Share capital2500250025002500250025002500
Retained earnings of previous periods0706914 66724 47414 875578112 058
Profit for the year706975999807−15998226627740 579
Total equity956917 16826 97425 37525 60114 55855 137
Income statement
Sales revenue27 27037 70546 78542 61568 95086 375119 989
Operating profit706975999804−160010 94612 18541 629
EBITDA—762310 097−59011 81812 75841 933
Profit before income tax706975999807−159910 22610 60840 579
Profit for the reporting year706975999807−15998226627740 579
Labour costs15 55822 21524 12327 93330 21739 90442 707
Depreciation of non-current assets—242931010872573304
Other indicators
Employees1111111
Calculated dividend—000800017 3200

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
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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%Markelin Project OÜMartti Kelindeman
CompanyPersonShareholderOther roleAdditional link

Public procurement

1 contracts

Public contracts won worth 0 € from 1 contracting authorities (10.09.2026–10.09.2026).

TenderContracting authorityAmountAwarded
Riigitee nr 24158 Ramsi tee km 0,0 – 2,9 jalgratta- ja jalgtee põhiprojekti koostamine · joint bidTranspordiamet49 740 €10.09.2026

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL

Loading list of reports…

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

Summary: Markelin Project OÜ

Overview

Markelin Project OÜ (registry code 14680783) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Saku alevik, Saku vald, Harju maakond. According to the latest annual report, the main activity is engineering design and consultancy for construction (EMTAK 71121). The company is registered for VAT (VAT number EE102143988).

Financial results

Revenue in financial year 2025 was 119 989 €, up 38,9% on the previous year (86 375 €). From 2019 to 2025, revenue grew by an average of 28,0% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 40 579 € (33,8% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 119 989 €. At the end of financial year 2025, total assets were 61 847 € and equity 55 137 € (89,2% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 700 €, down 98,0% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 4903 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3000 € per month.

Management and owners

The company has one management board member. The sole owner of the company is 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 13.05.2026. 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.

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