MerMedical OÜRegistered

16357164Private limited company (OÜ)Founded 2021

Key figures

557 350 €+18,0%
Revenue 2025
−43,1%
Average annual change 2021/22–2025
02 m4 m6 m2021/22202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m3 m2021/22202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026468 612 €35030 €
Q2 2026230 115 €25276 €
Q1 2026454 362 €23795 €
Q4 2025151 582 €12903 €
Q3 2025284 707 €10 €
Q2 20257446 €—0 €
Q1 202526 922 €—0 €

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 €
202410 000 €
20230 €

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

Summary of financial statements2022–2025
2021/22202320242025
Balance sheet — assets
Total current assets645 6761 721 6811 849 2612 183 764
Total non-current assets49 34787 07795 051136 899
Total assets695 0231 808 7581 944 3122 320 663
Balance sheet — liabilities and equity
Current liabilities536 317141 647187 942129 874
Non-current liabilities——33 8570
Total liabilities536 317141 647221 799129 874
Share capital2500250025002500
Retained earnings of previous periods—156 2061 654 6111 720 013
Profit for the year156 2061 508 40565 402468 276
Total equity158 7061 667 1111 722 5132 190 789
Income statement
Sales revenue3 021 4384 997 498472 513557 350
Operating profit149 4761 503 820−19 526267 568
EBITDA153 9001 527 546−536293 456
Profit before income tax156 2061 508 40567 902468 276
Profit for the reporting year156 2061 508 40565 402468 276
Labour costs20 409618506952
Depreciation of non-current assets442423 72618 99025 888
Other indicators
Employees1101
Calculated dividend—010 0000

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 note5 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
Filed late: 2023, 2025
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2023 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%MerMedical OÜ4Alar Külm1Merike Külm
CompanyPersonShareholderOther roleAdditional link

Public procurement

23 contracts

Public contracts won worth 4 075 620 € from 9 contracting authorities (25.09.2024–05.10.2026). Plus 8 framework agreements shared with other suppliers (not included in the total).

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: MerMedical OÜ

Overview

MerMedical OÜ (registry code 16357164) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 and has been registered for 4 years. Registered location: Peetri alevik, Rae vald, Harju maakond. According to the latest annual report, the main activity is wholesale of medical equipment, surgical instruments and orthopaedic aids (EMTAK 46462). The company is registered for VAT (VAT number EE102431399).

Financial results

Revenue in financial year 2025 was 557 350 €, up 18,0% on the previous year (472 513 €). From 2021/22 to 2025, revenue declined by an average of 43,1% per year. Net profit for financial year 2025 was 468 276 € (84,0% of revenue). The company was profitable in all 4 published financial years. In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 557 350 €. At the end of financial year 2025, total assets were 2 320 663 € and equity 2 190 789 € (94,4% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 468 612 €, up 64,6% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 5030 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1160 € per month.

Management and owners

The management board has 2 members. 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 13.07.2026. 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.

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