Maru THM osaühing

Active Registry code 10377059 OÜ Tallinn Registered 2 Feb 1998
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Maru THM osaühing is a OÜ based in Tallinn, registry code 10377059, status: active. Main activity: Other specialised construction activities. According to EMTA, turnover for Q3 2026 was €488 573 with 17 employees.

Turnover
488 573 €
↓ 35.9% vs Q2 2026
State taxes
32 723 €
↑ 44.8% vs Q2 2026
Labour taxes
75 989 €
↑ 31.2% vs Q2 2026
Employees
17
−1 vs Q2 2026

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

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 488 573 €
    industry median 23 017 € · companies in the industry: 6 974
  • Labour taxes per employee 4 470 €
    industry median 1 236 € · companies in the industry: 5 958
  • Revenue · 2025 3.8 mn €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 0.2 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 488 573 € · −35.9% vs Q2 2026 · industry median 23 017 € · above 98% of the industry
05001 0001 500Q4 2023 Company: 1 340 187 € Industry median: 23 403 €Q4·23Q1 2024 Company: 1 081 019 € Industry median: 16 922 €Q2 2024 Company: 1 268 900 € Industry median: 18 660 €Q2·24Q3 2024 Company: 933 373 € Industry median: 21 547 €Q4 2024 Company: 1 465 128 € Industry median: 23 300 €Q4·24Q1 2025 Company: 938 194 € Industry median: 17 914 €Q2 2025 Company: 708 802 € Industry median: 20 215 €Q2·25Q3 2025 Company: 895 770 € Industry median: 22 700 €Q4 2025 Company: 331 580 € Industry median: 23 111 €Q4·25Q1 2026 Company: 380 615 € Industry median: 17 425 €Q2 2026 Company: 762 399 € Industry median: 20 462 €Q2·26Q3 2026 Company: 488 573 € Industry median: 23 017 €Q3·2605001 0001 500Q4 2024 Company: 1 465 128 € Industry median: 23 300 €Q1 2025 Company: 938 194 € Industry median: 17 914 €Q1·25Q2 2025 Company: 708 802 € Industry median: 20 215 €Q3 2025 Company: 895 770 € Industry median: 22 700 €Q3·25Q4 2025 Company: 331 580 € Industry median: 23 111 €Q1 2026 Company: 380 615 € Industry median: 17 425 €Q1·26Q2 2026 Company: 762 399 € Industry median: 20 462 €Q3 2026 Company: 488 573 € Industry median: 23 017 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 470 € · +38.9% vs Q2 2026 · industry median 1 236 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 5 059 € Industry median: 1 123 €Q4·23Q1 2024 Company: 6 164 € Industry median: 1 105 €Q2 2024 Company: 7 391 € Industry median: 1 083 €Q2·24Q3 2024 Company: 4 536 € Industry median: 1 141 €Q4 2024 Company: 4 859 € Industry median: 1 178 €Q4·24Q1 2025 Company: 6 992 € Industry median: 1 177 €Q2 2025 Company: 5 509 € Industry median: 1 194 €Q2·25Q3 2025 Company: 5 515 € Industry median: 1 250 €Q4 2025 Company: 5 233 € Industry median: 1 270 €Q4·25Q1 2026 Company: 3 931 € Industry median: 1 202 €Q2 2026 Company: 3 218 € Industry median: 1 197 €Q2·26Q3 2026 Company: 4 470 € Industry median: 1 236 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 4 859 € Industry median: 1 178 €Q1 2025 Company: 6 992 € Industry median: 1 177 €Q1·25Q2 2025 Company: 5 509 € Industry median: 1 194 €Q3 2025 Company: 5 515 € Industry median: 1 250 €Q3·25Q4 2025 Company: 5 233 € Industry median: 1 270 €Q1 2026 Company: 3 931 € Industry median: 1 202 €Q1·26Q2 2026 Company: 3 218 € Industry median: 1 197 €Q3 2026 Company: 4 470 € Industry median: 1 236 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 17 · −5.6% vs Q2 2026
0510152025Q4 2023 Company: 23Q4·23Q1 2024 Company: 23Q2 2024 Company: 18Q2·24Q3 2024 Company: 18Q4 2024 Company: 19Q4·24Q1 2025 Company: 21Q2 2025 Company: 20Q2·25Q3 2025 Company: 18Q4 2025 Company: 16Q4·25Q1 2026 Company: 15Q2 2026 Company: 18Q2·26Q3 2026 Company: 17Q3·260510152025Q4 2024 Company: 19Q1 2025 Company: 21Q1·25Q2 2025 Company: 20Q3 2025 Company: 18Q3·25Q4 2025 Company: 16Q1 2026 Company: 15Q1·26Q2 2026 Company: 18Q3 2026 Company: 17Q3·26
State taxes, € thousand Q3 2026: 32 723 € · +44.8% vs Q2 2026
0100200300Q4 2023 Company: 263 068 €Q4·23Q1 2024 Company: 245 082 €Q2 2024 Company: 257 795 €Q2·24Q3 2024 Company: 253 785 €Q4 2024 Company: 240 256 €Q4·24Q1 2025 Company: 230 593 €Q2 2025 Company: 29 230 €Q2·25Q3 2025 Company: 69 113 €Q4 2025 Company: 9 779 €Q4·25Q1 2026 Company: 53 731 €Q2 2026 Company: 22 605 €Q2·26Q3 2026 Company: 32 723 €Q3·26050100150200250Q4 2024 Company: 240 256 €Q1 2025 Company: 230 593 €Q1·25Q2 2025 Company: 29 230 €Q3 2025 Company: 69 113 €Q3·25Q4 2025 Company: 9 779 €Q1 2026 Company: 53 731 €Q1·26Q2 2026 Company: 22 605 €Q3 2026 Company: 32 723 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 488 573 32 723 75 989 17
Q2 2026 762 399 22 605 57 931 18
Q1 2026 380 615 53 731 58 961 15
Q4 2025 331 580 9 779 83 727 16
Q3 2025 895 770 69 113 99 274 18
Q2 2025 708 802 29 230 110 175 20
Q1 2025 938 194 230 593 146 841 21
Q4 2024 1 465 128 240 256 92 318 19
Q3 2024 933 373 253 785 81 643 18
Q2 2024 1 268 900 257 795 133 041 18
Q1 2024 1 081 019 245 082 141 775 23
Q4 2023 1 340 187 263 068 116 354 23
Q3 2023 535 674 150 761 131 887 22
Q2 2023 1 484 453 160 964 135 638 22
Q1 2023 1 416 380 119 283 82 844 26
Q4 2022 1 061 977 123 451 87 335 24
Q3 2022 399 404 109 666 108 967 21
Q2 2022 261 976 75 689 81 992 21
Q1 2022 101 414 83 828 90 681 23
Labour taxes per employee per month
1 490 €
Turnover per employee in the quarter
28 740 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 3 828 975 € · −10.9% vs 2024 · industry median 37 328 € · above 98% of the industry
02 0004 0006 0008 00010 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3 770 302 € Industry median: 37 051 €20192020 Company: 8 139 394 € Industry median: 33 953 €20202021 Company: 4 563 280 € Industry median: 35 073 €20212022 Company: 4 603 468 € Industry median: 37 940 €20222023 Company: 5 029 477 € Industry median: 35 936 €20232024 Company: 4 299 192 € Industry median: 35 372 €20242025 Company: 3 828 975 € Industry median: 37 328 €202502 0004 0006 0008 00010 0002018 Company: — Industry median: —2019 Company: 3 770 302 € Industry median: 37 051 €20192020 Company: 8 139 394 € Industry median: 33 953 €2021 Company: 4 563 280 € Industry median: 35 073 €20212022 Company: 4 603 468 € Industry median: 37 940 €2023 Company: 5 029 477 € Industry median: 35 936 €20232024 Company: 4 299 192 € Industry median: 35 372 €2025 Company: 3 828 975 € Industry median: 37 328 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 8 943 € · +106.5% vs 2024 · industry median 561 € · above 75% of the industry
-25002505007501 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 144 523 € Industry median: 1 030 €20192020 Company: 936 837 € Industry median: 507 €20202021 Company: 107 888 € Industry median: 785 €20212022 Company: 298 017 € Industry median: 823 €20222023 Company: 638 263 € Industry median: 581 €20232024 Company: -137 813 € Industry median: 432 €20242025 Company: 8 943 € Industry median: 561 €2025-25002505007501 0002018 Company: — Industry median: —2019 Company: 144 523 € Industry median: 1 030 €20192020 Company: 936 837 € Industry median: 507 €2021 Company: 107 888 € Industry median: 785 €20212022 Company: 298 017 € Industry median: 823 €2023 Company: 638 263 € Industry median: 581 €20232024 Company: -137 813 € Industry median: 432 €2025 Company: 8 943 € Industry median: 561 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.2 % · +3.4 pp vs the year before · industry median 3.9 % · above 32% of the industry
-50510152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3.8 % Industry median: 5.3 %20192020 Company: 11.5 % Industry median: 4.1 %20202021 Company: 2.4 % Industry median: 4.7 %20212022 Company: 6.5 % Industry median: 4.8 %20222023 Company: 12.7 % Industry median: 4.4 %20232024 Company: -3.2 % Industry median: 3.4 %20242025 Company: 0.2 % Industry median: 3.9 %2025-50510152018 Company: — Industry median: —2019 Company: 3.8 % Industry median: 5.3 %20192020 Company: 11.5 % Industry median: 4.1 %2021 Company: 2.4 % Industry median: 4.7 %20212022 Company: 6.5 % Industry median: 4.8 %2023 Company: 12.7 % Industry median: 4.4 %20232024 Company: -3.2 % Industry median: 3.4 %2025 Company: 0.2 % Industry median: 3.9 %2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 974 724 € · −37.0% vs 2024
01 0002 0003 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 409 371 €20192020 Company: 1 772 771 €20202021 Company: 1 741 317 €20212022 Company: 2 236 773 €20222023 Company: 2 893 729 €20232024 Company: 1 546 568 €20242025 Company: 974 724 €202501 0002 0003 0002018 Company: —2019 Company: 1 409 371 €20192020 Company: 1 772 771 €2021 Company: 1 741 317 €20212022 Company: 2 236 773 €2023 Company: 2 893 729 €20232024 Company: 1 546 568 €2025 Company: 974 724 €2025
Equity, € thousand 2025: 286 660 € · +3.2% vs 2024
05001 0001 5002 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 67 502 €20192020 Company: 771 362 €20202021 Company: 879 250 €20212022 Company: 1 177 267 €20222023 Company: 1 815 530 €20232024 Company: 277 717 €20242025 Company: 286 660 €202505001 0001 5002 0002018 Company: —2019 Company: 67 502 €20192020 Company: 771 362 €2021 Company: 879 250 €20212022 Company: 1 177 267 €2023 Company: 1 815 530 €20232024 Company: 277 717 €2025 Company: 286 660 €2025
Employees 2025: 20 · −4.8% vs 2024 · industry median 1 · above 98% of the industry
010203040502016 Company: 31 Industry median: —20162017 Company: 36 Industry median: —20172018 Company: 27 Industry median: 220182019 Company: 40 Industry median: 220192020 Company: 48 Industry median: 220202021 Company: 44 Industry median: 220212022 Company: 41 Industry median: 220222023 Company: 32 Industry median: 120232024 Company: 21 Industry median: 120242025 Company: 20 Industry median: 12025010203040502018 Company: 27 Industry median: 22019 Company: 40 Industry median: 220192020 Company: 48 Industry median: 22021 Company: 44 Industry median: 220212022 Company: 41 Industry median: 22023 Company: 32 Industry median: 120232024 Company: 21 Industry median: 12025 Company: 20 Industry median: 12025
  • Company
  • Industry median

Industry: Specialised construction activities (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 3 828 975 8 943 897 298 974 724 286 660 20
2024 4 299 192 -137 813 945 687 1 546 568 277 717 21
2023 5 029 477 638 263 1 419 932 2 893 729 1 815 530 32
2022 4 603 468 298 017 1 264 054 2 236 773 1 177 267 41
2021 4 563 280 107 888 1 546 311 1 741 317 879 250 44
2020 8 139 394 936 837 2 038 961 1 772 771 771 362 48
2019 3 770 302 144 523 1 190 282 1 409 371 67 502 40
2018 — — — — — 27
2017 — — — — — 36
2016 — — — — — 31
2015 — — — — — 26
2014 — — — — — 29
2013 — — — — — 30
2012 — — — — — 36
2011 — — — — — 33
2010 — — — — — 16
2009 — — — — — 16
2008 — — — — — 19
2007 — — — — — 19
2006 — — — — — 15
2005 — — — — — 17
2004 — — — — — 18
2003 — — — — — 20
2002 — — — — — 20
2001 — — — — — 20
2000 — — — — — 21
1999 — — — — — 22
1998 — — — — — 30

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
0.2 %
Net profit / revenue
Return on equity (ROE)
3.1 %
Net profit / equity
Return on assets (ROA)
0.9 %
Net profit / assets
Equity ratio
29.4 %
Equity / assets
Debt ratio
70.6 %
Liabilities / assets
Current ratio
1.51
Current assets / current liabilities
Revenue per employee
191 449 €
Revenue / average full-time employees
Labour cost per employee per month
3 739 €
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 16 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 27 May 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 7 May 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 12 Apr 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 3 Mar 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 25 Mar 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 17 Apr 2020 Company’s own · audited e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 43999Other specialised construction activities Main
  • 71122Construction geological and geodetic research
Rulings
Number, date Title Deadline State Document
Ä 10024257 / 22
11 Aug 2026
Amendment entry In force
11 Aug 2026
PDF
Ä 10024257 / M12
26 Jun 2025
Ruling to correct data outside an entry 10 Jul 2025 Deficiencies eliminated
2 Jul 2025
PDF
Ä 10024257 / M11
28 Feb 2024
Ruling to correct data outside an entry 20 Mar 2024 Deficiencies eliminated
12 Mar 2024
PDF
Ä 10024257 / 21
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10024257 / M10
22 Jun 2021
Ruling to correct data outside an entry 22 Jul 2021 Deficiencies eliminated
30 Jun 2021
PDF
Ä 10024257 / M9
2 Dec 2020
Ruling to eliminate deficiencies 16 Dec 2020 Deficiencies eliminated
10 Dec 2020
PDF
Ä 10024257 / 20
6 Oct 2020
Amendment entry In force
6 Oct 2020
PDF
Ä 10024257 / 19
16 Apr 2019
Amendment entry In force
16 Apr 2019
PDF
Ä 10024257 / M8
9 Apr 2019
Ruling to eliminate deficiencies 29 Apr 2019 Deficiencies eliminated
16 Apr 2019
PDF
Ä 10024257 / 18
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10024257 / 17
2 Jan 2018
Amendment entry In force
2 Jan 2018
PDF
Ä 10024257 / 16
8 Dec 2017
Amendment entry In force
8 Dec 2017
PDF
Ä 10024257 / 15
4 Dec 2017
Amendment entry In force
4 Dec 2017
PDF
Ä 10024257 / M7
30 Nov 2017
Ruling to eliminate deficiencies 20 Dec 2017 Deficiencies eliminated
8 Dec 2017
PDF
Ä 10024257 / 14
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10024257 / 13
31 Aug 2016
Amendment entry In force
31 Aug 2016
PDF
Ä 10024257 / 12
9 Jul 2014
Amendment entry In force
9 Jul 2014
PDF
Ä 10024257 / M6
20 Jun 2014
Ruling to eliminate deficiencies 10 Jul 2014 Deficiencies eliminated
8 Jul 2014
PDF
Ä 10024257 / 11
10 Jun 2013
Amendment entry In force
10 Jun 2013
PDF
Ä 10024257 / 10
29 Oct 2012
Amendment entry In force
29 Oct 2012
PDF
Ä 10024257 / 9
10 Aug 2012
Amendment entry In force
10 Aug 2012
PDF
Ä 10024257 / 8
2 Mar 2012
Amendment entry In force
2 Mar 2012
PDF
Ä 10024257 / M5
22 Feb 2012
Ruling to eliminate deficiencies 22 Feb 2012 In force
22 Feb 2012
PDF
Ä 10024257 / 7
19 Feb 2012
Amendment entry In force
19 Feb 2012
PDF
Ä 10024257 / M4
4 Jan 2012
Ruling to eliminate deficiencies 16 Feb 2012 Deficiencies eliminated
17 Feb 2012
PDF
Ä 10024257 / 6
13 Sep 2010
Amendment entry In force
13 Sep 2010
PDF
Ä 10024257 / M3
3 Sep 2010
Ruling to eliminate deficiencies 30 Sep 2010 In force
3 Sep 2010
PDF
Ä 10024257 / M2
12 Aug 2010
Ruling to eliminate deficiencies 30 Sep 2010 In force
12 Aug 2010
PDF
Ä 24257 / 5
3 Dec 2008
Deletion of activities from the registry card In force
29 Dec 2008
PDF
Ä 24257 / M1
27 Jan 2006
Refund of the state fee In force
27 Jan 2006
PDF
Ä 24257 / 4
26 Jan 2006
Amendment entry In force
26 Jan 2006
PDF
Ä 24257 / 3
22 Dec 2005
Amendment entry In force PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data