IT Mertec OÜ
RegisteredKey figures
Ratios
2025Summary: IT Mertec OÜ
What kind of company is it?
IT Mertec OÜ (registry code 16628410) is a private limited company (OÜ). The company was entered in the Commercial Register in 2022 and has been registered for 3 years. Registered location: Jõgeva linn, Jõgeva vald, Jõgeva maakond. According to the latest annual report, the main activity is computer consultancy activities (EMTAK 62201). The company is registered for VAT (VAT number EE102564143).
How is the company doing financially?
Revenue in financial year 2025 was 142 454 €, down 5,8% on the previous year (151 249 €). From 2022/23 to 2025, revenue grew by an average of 12,1% per year. Net profit for financial year 2025 was 27 099 € (19,0% of revenue). The company was profitable in all 3 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 142 454 €. At the end of financial year 2025, total assets were 171 700 € and equity 159 661 € (93,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 29 327 €, down 3,9% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 3054 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1950 € per month.
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 (60%) 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 04.03.2026. 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 | 29 327 € | 1 | 3054 € |
| Q2 2026 | 32 387 € | 1 | 3054 € |
| Q1 2026 | 26 483 € | 1 | 3192 € |
| Q4 2025 | 35 672 € | 1 | 3245 € |
| Q3 2025 | 30 504 € | 1 | 3852 € |
| Q2 2025 | 43 127 € | 2 | 4380 € |
| Q1 2025 | 46 003 € | 2 | 4335 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2023–2025
| 2022/23 | 2024 | 2025 | |
|---|---|---|---|
| Sales revenue | 113 425 | 151 249 | 142 454 |
| Net profit | 59 037 | 71 026 | 27 099 |
| Retained earnings | 0 | 59 036 | 130 062 |
| Total assets | 65 492 | 143 463 | 171 700 |
| Total liabilities | 3955 | 10 901 | 12 039 |
| Total equity | 61 537 | 132 562 | 159 661 |
| Employees | 0 | 1 | 1 |
| Average gross salary (monthly) | — | 1311 | 2301 |
| Calculated dividend | — | 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 obligationsAll clear
Data from public registers, not a credit rating.
Connections graph
State aid and grants
1 recordState aid and de minimis aid in total 4920 € (2024). Largest grantors: Eesti Töötukassa (4920 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 4920 € | 28.05.2024 |
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 ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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