Osaühing Puu & Oja

Active Registry code 10225444 OÜ Tallinn Registered 2 Jul 1997

Osaühing Puu & Oja is a OÜ based in Tallinn, registry code 10225444, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €25 080 with 2 employees.

Turnover

25 080 €

↑ 37.8% vs Q2 2026

State taxes

4 726 €

↑ 45.6% vs Q2 2026

Labour taxes

2 222 €

↑ 0.0% vs Q2 2026

Employees

±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

Turnover · Q3 2026 25 080 €

above 50% of companies

industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee 1 111 €

above 41% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025 87 395 €

above 66% of companies

industry median 38 239 € · companies in the industry: 6 999
Net profit margin · 2025 0.3 %

above 34% of companies

industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 25 080 € · +37.8% vs Q2 2026 · industry median 25 252 € · above 50% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 111 € · +0.0% vs Q2 2026 · industry median 1 211 € · above 41% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 4 726 € · +45.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	25 080	4 726	2 222	2
Q2 2026	18 200	3 245	2 222	2
Q1 2026	25 803	5 001	2 258	2
Q4 2025	21 164	4 258	2 329	2
Q3 2025	18 410	3 428	2 329	2
Q2 2025	20 815	3 391	2 329	2
Q1 2025	21 410	3 747	2 241	2
Q4 2024	22 446	2 945	2 065	2
Q3 2024	26 505	4 617	2 065	2
Q2 2024	18 105	4 012	2 065	2
Q1 2024	9 227	2 784	2 065	2
Q4 2023	4 825	1 892	2 065	2
Q3 2023	18 110	4 086	2 065	2
Q2 2023	22 000	4 070	1 602	2
Q1 2023	23 100	4 959	1 976	2
Q4 2022	29 660	3 894	2 099	3
Q3 2022	17 850	3 805	2 099	3
Q2 2022	19 340	4 694	3 263	3
Q1 2022	17 397	4 641	3 066	3

Labour taxes per employee per month

370 €

Turnover per employee in the quarter

12 540 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 87 395 € · +12.4% vs 2024 · industry median 38 239 € · above 66% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 265 € · +7.7% vs 2024 · industry median 411 € · above 48% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.3 % · −0.0 pp vs the year before · industry median 3.5 % · above 34% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 37 502 € · +5.5% vs 2024

Equity, € 2025: 31 518 € · +3.2% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · industry median 2 · above 50% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	87 395	265	29 543	37 502	31 518	2
2024	77 734	246	26 721	35 534	30 548	2
2023	61 960	183	25 784	34 991	30 302	2
2022	86 260	177	30 240	36 893	30 120	2
2021	74 065	-2 439	34 836	37 452	29 943	3
2020	86 898	403	37 812	40 286	32 382	3
2019	92 440	2 235	35 865	39 017	31 979	3
2018	—	—	—	—	—	2
2017	—	—	—	—	—	2
2016	—	—	—	—	—	2
2015	—	—	—	—	—	2
2014	—	—	—	—	—	1
2013	—	—	—	—	—	3
2012	—	—	—	—	—	2
2011	—	—	—	—	—	2
2010	—	—	—	—	—	1
2009	—	—	—	—	—	2
2008	—	—	—	—	—	6
2007	—	—	—	—	—	8
2006	—	—	—	—	—	8
2005	—	—	—	—	—	7
2004	—	—	—	—	—	7
2003	—	—	—	—	—	7
2002	—	—	—	—	—	8
2001	—	—	—	—	—	9
2000	—	—	—	—	—	7
1999	—	—	—	—	—	9
1998	—	—	—	—	—	8
1997	—	—	—	—	—	7

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

0.3 %

Net profit / revenue

Return on equity (ROE)

0.8 %

Net profit / equity

Return on assets (ROA)

0.7 %

Net profit / assets

Equity ratio

84.0 %

Equity / assets

Debt ratio

16.0 %

Liabilities / assets

Current ratio

5.37

Current assets / current liabilities

Revenue per employee

43 698 €

Revenue / average full-time employees

Labour cost per employee per month

1 231 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	10 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	2 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	8 Apr 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	9 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	23 May 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	26 May 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	8 Jun 2020	Company’s own	e-Äriregister

Board

Jaan Merioja
Board member · since 2 Jul 1997
Tiit Kirsipuu
Board member · since 2 Jul 1997

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Tiit Kirsipuu
Natural person · 1 917 €

50%
Jaan Merioja
Natural person · 1 917 €

50%

Beneficial owners

Jaan Merioja
Direct ownership · since 30 Oct 2018
Tiit Kirsipuu
Direct ownership · since 30 Oct 2018

Founders and other persons

Jaan Merioja
Founder · 5 000 € · 2 Jul 1997
Tiit Kirsipuu
Founder · 5 000 € · 2 Jul 1997

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main

Rulings 7

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10014557 / 10 8 Apr 2024	Amendment entry	In force 8 Apr 2024	PDF
Ä 10014557 / 9 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10014557 / 8 16 Jan 2018	Amendment entry	In force 16 Jan 2018	PDF
Ä 10014557 / 7 7 Nov 2017	Amendment entry	In force 7 Nov 2017	PDF
Ä 10014557 / 6 9 Sep 2016	Amendment entry	In force 9 Sep 2016	PDF
Ä 10014557 / 5 23 Sep 2011	Amendment entry	In force 23 Sep 2011	PDF
Ä 14557 / 4 3 Dec 2008	Deletion of activities from the registry card	In force 10 Dec 2008	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data