AS MARU EHITUS

Active Registry code 10714568 AS Tallinn Registered 12 Dec 2000
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AS MARU EHITUS is a AS based in Tallinn, registry code 10714568, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €12 858 693 with 43 employees.

Turnover
12 858 693 €
↑ 33.8% vs Q2 2026
State taxes
806 942 €
↓ 2.7% vs Q2 2026
Labour taxes
451 728 €
↑ 24.8% vs Q2 2026
Employees
43
−1 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 12.9 mn €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 10 505 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 35.2 mn €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 3.4 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 12 858 693 € · +33.8% vs Q2 2026 · industry median 25 252 € · above 98% of the industry
05 00010 00015 00020 000Q4 2023 Company: 12 873 789 € Industry median: 26 427 €Q4·23Q1 2024 Company: 11 940 959 € Industry median: 19 618 €Q2 2024 Company: 14 198 282 € Industry median: 21 373 €Q2·24Q3 2024 Company: 19 114 310 € Industry median: 26 160 €Q4 2024 Company: 19 197 571 € Industry median: 25 496 €Q4·24Q1 2025 Company: 15 152 219 € Industry median: 19 568 €Q2 2025 Company: 10 677 181 € Industry median: 22 577 €Q2·25Q3 2025 Company: 5 377 106 € Industry median: 25 533 €Q4 2025 Company: 8 240 824 € Industry median: 25 721 €Q4·25Q1 2026 Company: 7 979 761 € Industry median: 20 483 €Q2 2026 Company: 9 611 370 € Industry median: 22 672 €Q2·26Q3 2026 Company: 12 858 693 € Industry median: 25 252 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 19 197 571 € Industry median: 25 496 €Q1 2025 Company: 15 152 219 € Industry median: 19 568 €Q1·25Q2 2025 Company: 10 677 181 € Industry median: 22 577 €Q3 2025 Company: 5 377 106 € Industry median: 25 533 €Q3·25Q4 2025 Company: 8 240 824 € Industry median: 25 721 €Q1 2026 Company: 7 979 761 € Industry median: 20 483 €Q1·26Q2 2026 Company: 9 611 370 € Industry median: 22 672 €Q3 2026 Company: 12 858 693 € Industry median: 25 252 €Q3·26
  • 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: 10 505 € · +27.7% vs Q2 2026 · industry median 1 211 € · above 98% of the industry
05 00010 00015 000Q4 2023 Company: 8 637 € Industry median: 1 145 €Q4·23Q1 2024 Company: 11 461 € Industry median: 1 097 €Q2 2024 Company: 8 105 € Industry median: 1 083 €Q2·24Q3 2024 Company: 12 188 € Industry median: 1 142 €Q4 2024 Company: 8 532 € Industry median: 1 179 €Q4·24Q1 2025 Company: 10 401 € Industry median: 1 188 €Q2 2025 Company: 8 763 € Industry median: 1 149 €Q2·25Q3 2025 Company: 13 557 € Industry median: 1 208 €Q4 2025 Company: 9 923 € Industry median: 1 254 €Q4·25Q1 2026 Company: 9 394 € Industry median: 1 183 €Q2 2026 Company: 8 224 € Industry median: 1 166 €Q2·26Q3 2026 Company: 10 505 € Industry median: 1 211 €Q3·2605 00010 00015 000Q4 2024 Company: 8 532 € Industry median: 1 179 €Q1 2025 Company: 10 401 € Industry median: 1 188 €Q1·25Q2 2025 Company: 8 763 € Industry median: 1 149 €Q3 2025 Company: 13 557 € Industry median: 1 208 €Q3·25Q4 2025 Company: 9 923 € Industry median: 1 254 €Q1 2026 Company: 9 394 € Industry median: 1 183 €Q1·26Q2 2026 Company: 8 224 € Industry median: 1 166 €Q3 2026 Company: 10 505 € Industry median: 1 211 €Q3·26
  • 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: 43 · −2.3% vs Q2 2026
01020304050Q4 2023 Company: 43Q4·23Q1 2024 Company: 43Q2 2024 Company: 47Q2·24Q3 2024 Company: 45Q4 2024 Company: 46Q4·24Q1 2025 Company: 43Q2 2025 Company: 42Q2·25Q3 2025 Company: 42Q4 2025 Company: 41Q4·25Q1 2026 Company: 42Q2 2026 Company: 44Q2·26Q3 2026 Company: 43Q3·2601020304050Q4 2024 Company: 46Q1 2025 Company: 43Q1·25Q2 2025 Company: 42Q3 2025 Company: 42Q3·25Q4 2025 Company: 41Q1 2026 Company: 42Q1·26Q2 2026 Company: 44Q3 2026 Company: 43Q3·26
State taxes, € thousand Q3 2026: 806 942 € · −2.7% vs Q2 2026
05001 0001 500Q4 2023 Company: 621 845 €Q4·23Q1 2024 Company: 821 507 €Q2 2024 Company: 1 214 763 €Q2·24Q3 2024 Company: 1 442 513 €Q4 2024 Company: 1 150 640 €Q4·24Q1 2025 Company: 1 015 833 €Q2 2025 Company: 951 130 €Q2·25Q3 2025 Company: 821 477 €Q4 2025 Company: 845 760 €Q4·25Q1 2026 Company: 745 567 €Q2 2026 Company: 829 714 €Q2·26Q3 2026 Company: 806 942 €Q3·2602505007501 0001 250Q4 2024 Company: 1 150 640 €Q1 2025 Company: 1 015 833 €Q1·25Q2 2025 Company: 951 130 €Q3 2025 Company: 821 477 €Q3·25Q4 2025 Company: 845 760 €Q1 2026 Company: 745 567 €Q1·26Q2 2026 Company: 829 714 €Q3 2026 Company: 806 942 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 12 858 693 806 942 451 728 43
Q2 2026 9 611 370 829 714 361 837 44
Q1 2026 7 979 761 745 567 394 553 42
Q4 2025 8 240 824 845 760 406 857 41
Q3 2025 5 377 106 821 477 569 407 42
Q2 2025 10 677 181 951 130 368 048 42
Q1 2025 15 152 219 1 015 833 447 257 43
Q4 2024 19 197 571 1 150 640 392 451 46
Q3 2024 19 114 310 1 442 513 548 457 45
Q2 2024 14 198 282 1 214 763 380 915 47
Q1 2024 11 940 959 821 507 492 802 43
Q4 2023 12 873 789 621 845 371 409 43
Q3 2023 9 260 416 656 543 368 315 43
Q2 2023 8 283 604 709 996 360 966 44
Q1 2023 8 794 702 668 642 357 651 44
Q4 2022 9 486 404 597 205 356 103 48
Q3 2022 7 201 966 596 902 401 402 49
Q2 2022 10 487 508 776 772 404 703 50
Q1 2022 5 633 783 458 697 475 141 56
Labour taxes per employee per month
3 502 €
Turnover per employee in the quarter
299 039 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 35 232 700 € · −45.3% vs 2024 · industry median 38 239 € · above 98% of the industry
020 00040 00060 00080 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 29 582 094 € Industry median: 38 887 €20192020 Company: 35 108 260 € Industry median: 35 421 €20202021 Company: 41 964 477 € Industry median: 38 300 €20212022 Company: 35 875 664 € Industry median: 39 550 €20222023 Company: 40 662 548 € Industry median: 37 270 €20232024 Company: 64 436 458 € Industry median: 37 693 €20242025 Company: 35 232 700 € Industry median: 38 239 €2025020 00040 00060 00080 0002018 Company: — Industry median: —2019 Company: 29 582 094 € Industry median: 38 887 €20192020 Company: 35 108 260 € Industry median: 35 421 €2021 Company: 41 964 477 € Industry median: 38 300 €20212022 Company: 35 875 664 € Industry median: 39 550 €2023 Company: 40 662 548 € Industry median: 37 270 €20232024 Company: 64 436 458 € Industry median: 37 693 €2025 Company: 35 232 700 € Industry median: 38 239 €2025
  • 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, € thousand 2025: 1 185 075 € · −48.1% vs 2024 · industry median 411 € · above 98% of the industry
05001 0001 5002 0002 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 489 843 € Industry median: 643 €20192020 Company: 764 219 € Industry median: 281 €20202021 Company: 298 957 € Industry median: 315 €20212022 Company: 366 163 € Industry median: 398 €20222023 Company: 1 832 544 € Industry median: 253 €20232024 Company: 2 285 338 € Industry median: 108 €20242025 Company: 1 185 075 € Industry median: 411 €202505001 0001 5002 0002 5002018 Company: — Industry median: —2019 Company: 489 843 € Industry median: 643 €20192020 Company: 764 219 € Industry median: 281 €2021 Company: 298 957 € Industry median: 315 €20212022 Company: 366 163 € Industry median: 398 €2023 Company: 1 832 544 € Industry median: 253 €20232024 Company: 2 285 338 € Industry median: 108 €2025 Company: 1 185 075 € Industry median: 411 €2025
  • 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: 3.4 % · −0.2 pp vs the year before · industry median 3.5 % · above 50% of the industry
0123452016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1.7 % Industry median: 4.5 %20192020 Company: 2.2 % Industry median: 4.0 %20202021 Company: 0.7 % Industry median: 3.8 %20212022 Company: 1.0 % Industry median: 3.9 %20222023 Company: 4.5 % Industry median: 3.9 %20232024 Company: 3.5 % Industry median: 2.8 %20242025 Company: 3.4 % Industry median: 3.5 %20250123452018 Company: — Industry median: —2019 Company: 1.7 % Industry median: 4.5 %20192020 Company: 2.2 % Industry median: 4.0 %2021 Company: 0.7 % Industry median: 3.8 %20212022 Company: 1.0 % Industry median: 3.9 %2023 Company: 4.5 % Industry median: 3.9 %20232024 Company: 3.5 % Industry median: 2.8 %2025 Company: 3.4 % Industry median: 3.5 %2025
  • 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, € thousand 2025: 10 608 522 € · −42.1% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 11 392 888 €20192020 Company: 12 287 835 €20202021 Company: 12 115 725 €20212022 Company: 12 427 334 €20222023 Company: 17 317 465 €20232024 Company: 18 314 951 €20242025 Company: 10 608 522 €202505 00010 00015 00020 0002018 Company: —2019 Company: 11 392 888 €20192020 Company: 12 287 835 €2021 Company: 12 115 725 €20212022 Company: 12 427 334 €2023 Company: 17 317 465 €20232024 Company: 18 314 951 €2025 Company: 10 608 522 €2025
Equity, € thousand 2025: 3 718 241 € · +7.5% vs 2024
-2 00002 0004 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: -1 436 620 €20192020 Company: 467 599 €20202021 Company: 766 556 €20212022 Company: 1 132 719 €20222023 Company: 2 965 263 €20232024 Company: 3 458 907 €20242025 Company: 3 718 241 €2025-2 00002 0004 0002018 Company: —2019 Company: -1 436 620 €20192020 Company: 467 599 €2021 Company: 766 556 €20212022 Company: 1 132 719 €2023 Company: 2 965 263 €20232024 Company: 3 458 907 €2025 Company: 3 718 241 €2025
Employees 2025: 47 · −4.1% vs 2024 · industry median 2 · above 98% of the industry
0204060802016 Company: 59 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 78 Industry median: 220182019 Company: 71 Industry median: 220192020 Company: 69 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 59 Industry median: 220222023 Company: 49 Industry median: 220232024 Company: 49 Industry median: 220242025 Company: 47 Industry median: 220250204060802018 Company: 78 Industry median: 22019 Company: 71 Industry median: 220192020 Company: 69 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 59 Industry median: 22023 Company: 49 Industry median: 220232024 Company: 49 Industry median: 22025 Company: 47 Industry median: 22025
  • 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, € Assets, € Equity, € Employees
2025 35 232 700 1 185 075 10 608 522 3 718 241 47
2024 64 436 458 2 285 338 18 314 951 3 458 907 49
2023 40 662 548 1 832 544 17 317 465 2 965 263 49
2022 35 875 664 366 163 12 427 334 1 132 719 59
2021 41 964 477 298 957 12 115 725 766 556 0
2020 35 108 260 764 219 12 287 835 467 599 69
2019 29 582 094 489 843 11 392 888 -1 436 620 71
2018 — — — — 78
2017 — — — — 0
2016 — — — — 59
2015 — — — — 57
2014 — — — — 67
2013 — — — — 67
2012 — — — — 0
2009 — — — — 34
2008 — — — — 57
2007 — — — — 45
2006 — — — — 48
2005 — — — — 44
2004 — — — — 26
2003 — — — — 22
2002 — — — — 21
2001 — — — — 18

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
3.4 %
Net profit / revenue
Return on equity (ROE)
31.9 %
Net profit / equity
Return on assets (ROA)
11.2 %
Net profit / assets
Equity ratio
35.0 %
Equity / assets
Debt ratio
65.0 %
Liabilities / assets
Current ratio
1.58
Current assets / current liabilities
Revenue per employee
749 632 €
Revenue / average full-time employees

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 2026 Consolidated · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 9 Jun 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 21 Jun 2024 Consolidated · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Consolidated · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 16 Jun 2022 Consolidated · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 5 May 2021 Consolidated · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 31 Oct 2020 Consolidated · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 793 000 € Swedbank AS 24 Nov 2018 – in force
1 9 500 000 EEK aktsiaselts Hansapank 20 Nov 2001 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 27 Sep 2017
  • Andres Jakobi
    Board member · since 14 Mar 2018
  • Margo Dengo
    Board member · since 15 May 2018

Right of representation

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

Owners

No owner information.

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
  • 68121Development of building projects
Rulings
Number, date Title Deadline State Document
Ä 10053289 / 28
19 Feb 2024
Amendment entry In force
19 Feb 2024
PDF
Ä 10053289 / M8
25 Aug 2023
Ruling to correct data outside an entry 8 Sep 2023 Deficiencies eliminated
28 Aug 2023
PDF
Ä 10053289 / 27
15 Mar 2022
Division entry (second, constitutive) In force
15 Mar 2022
PDF
Ä 10053289 / 26
8 Jun 2021
Amendment entry In force
8 Jun 2021
PDF
Ä 10053289 / 25
6 Oct 2020
Amendment entry In force
6 Oct 2020
PDF
Ä 10053289 / 24
16 Jun 2020
Amendment entry In force
16 Jun 2020
PDF
K 10053289 / 23
24 Nov 2018
Commercial pledge entered In force
24 Nov 2018
PDF
Ä 10053289 / 22
15 May 2018
Amendment entry In force
15 May 2018
PDF
Ä 10053289 / 21
3 May 2018
Amendment entry In force
3 May 2018
PDF
Ä 10053289 / M7
25 Apr 2018
Procedural ruling 10 May 2018 Deficiencies eliminated
26 Apr 2018
PDF
Ä 10053289 / 20
14 Mar 2018
Amendment entry In force
14 Mar 2018
PDF
Ä 10053289 / 19
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10053289 / 18
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10053289 / 17
27 Sep 2017
Amendment entry In force
27 Sep 2017
PDF
Ä 10053289 / 16
19 Jul 2017
Division entry (second, constitutive) In force
19 Jul 2017
PDF
Ä 10053289 / M6
5 Jul 2017
Ruling to eliminate deficiencies 4 Aug 2017 Deficiencies eliminated
19 Jul 2017
PDF
Ä 10053289 / 15
31 Aug 2016
Amendment entry In force
31 Aug 2016
PDF
Ä 10053289 / 14
21 Jul 2016
Amendment entry In force
21 Jul 2016
PDF
Ä 10053289 / M5
12 Jul 2016
Ruling to eliminate deficiencies 11 Aug 2016 Deficiencies eliminated
12 Jul 2016
PDF
Ä 10053289 / 13
12 Jul 2016
Amendment entry In force
12 Jul 2016
PDF
Ä 10053289 / 12
8 Dec 2014
Amendment entry In force
8 Dec 2014
PDF
Ä 10053289 / 11
30 Mar 2012
Amendment entry In force
30 Mar 2012
PDF
Ä 10053289 / M4
26 Mar 2012
Ruling to eliminate deficiencies 9 Apr 2012 In force
26 Mar 2012
PDF
Ä 10053289 / 10
18 Nov 2011
Amendment entry In force
18 Nov 2011
PDF
Ä 10053289 / 9
9 Sep 2011
Amendment entry In force
9 Sep 2011
PDF
Ä 10053289 / 8
6 Oct 2010
Division entry (second, constitutive) In force
6 Oct 2010
PDF
Ä 53289 / 7
14 Sep 2009
Amendment entry In force
14 Sep 2009
PDF
Ä 53289 / 6
26 May 2009
Amendment entry In force
26 May 2009
PDF
Ä 53289 / 5
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
Ä 53289 / 4
10 Mar 2008
Amendment entry In force
10 Mar 2008
PDF
Ä 53289 / M3
7 Mar 2008
Ruling to eliminate deficiencies (to be served) 6 Apr 2008 In force
7 Mar 2008
PDF
Ä 53289 / M2
25 Feb 2008
Ruling to eliminate deficiencies (to be served) 31 Mar 2008 In force
25 Feb 2008
PDF
Ä 53289 / 3
6 Mar 2006
Amendment entry In force
6 Mar 2006
PDF
Ä 53289 / M1
30 Jan 2006
Ruling to eliminate deficiencies (to be served) 30 Mar 2006 In force
2 Feb 2006
PDF
K 61511 / 2
26 Nov 2003
Commercial pledge amended In force PDF
Ä 53289 / 2
11 Mar 2002
Entry decision on the register’s own initiative In force PDF

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