Osaühing Morrow

Active Registry code 10765175 OÜ Pärnu linn Registered 20 Jun 2001

Osaühing Morrow is a OÜ based in Pärnu linn, registry code 10765175, status: active. Main activity: Hairdressing and barber activities. Its annual report for 2025 shows revenue of €38 294 and 1 employees.

Turnover

—

State taxes

1 076 €

↑ 3.1% vs Q2 2026

Labour taxes

1 201 €

↑ 3.0% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Personal service activities · EMTAK 96

Labour taxes per employee 1 201 €

above 75% of companies

industry median 969 € · companies in the industry: 3 989
Revenue · 2025 38 294 €

above 89% of companies

industry median 8 249 € · companies in the industry: 9 950
Net profit margin · 2025 7.1 %

above 69% of companies

industry median 1.5 % · companies in the industry: 7 333

Taxes and turnover

Q4 2023 – Q3 2026

Labour taxes per employee, € Q3 2026: 1 201 € · +3.0% vs Q2 2026 · industry median 969 € · above 75% of the industry

Company
Industry median

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

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 1 076 € · +3.1% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	—	1 076	1 201	1
Q2 2026	—	1 044	1 166	1
Q1 2026	—	989	1 106	1
Q4 2025	—	1 009	1 126	1
Q3 2025	—	1 009	1 126	1
Q2 2025	—	1 009	1 126	1
Q1 2025	—	971	1 085	1
Q4 2024	—	894	1 002	1
Q3 2024	—	894	1 002	1
Q2 2024	—	894	1 002	1
Q1 2024	—	844	948	1
Q4 2023	—	745	840	1
Q3 2023	—	745	840	1
Q2 2023	—	745	840	1
Q1 2023	—	738	831	1
Q4 2022	—	726	812	1
Q3 2022	—	726	812	1
Q2 2022	—	726	812	1
Q1 2022	—	653	733	1

Labour taxes per employee per month

400 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 38 294 € · −3.9% vs 2024 · industry median 8 249 € · above 89% of the industry

Company
Industry median

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

Net profit, € 2025: 2 734 € · −80.7% vs 2024 · industry median 29 € · above 86% of the industry

Company
Industry median

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

Net profit margin, % 2025: 7.1 % · −28.5 pp vs the year before · industry median 1.5 % · above 69% of the industry

Company
Industry median

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

Assets, € 2025: 52 038 € · +3.9% vs 2024

Equity, € 2025: 50 629 € · +5.7% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry

Company
Industry median

Industry: Personal service 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	38 294	2 734	14 226	52 038	50 629	1
2024	39 860	14 190	13 254	50 088	47 895	1
2023	37 062	14 217	11 768	35 062	33 705	1
2022	27 609	4 380	10 595	21 109	19 488	1
2021	25 361	8 697	4 688	15 339	15 108	1
2020	24 981	406	8 215	8 125	6 411	1
2019	16 960	843	2 155	6 967	6 005	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	2
2014	—	—	—	—	—	2
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	1
2010	—	—	—	—	—	2
2009	—	—	—	—	—	0
2008	—	—	—	—	—	3
2007	—	—	—	—	—	7
2006	—	—	—	—	—	7
2005	—	—	—	—	—	7
2004	—	—	—	—	—	7
2003	—	—	—	—	—	0
2002	—	—	—	—	—	0
2001	—	—	—	—	—	0

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

7.1 %

Net profit / revenue

Return on equity (ROE)

5.4 %

Net profit / equity

Return on assets (ROA)

5.3 %

Net profit / assets

Equity ratio

97.3 %

Equity / assets

Debt ratio

2.7 %

Liabilities / assets

Current ratio

35.46

Current assets / current liabilities

Revenue per employee

38 294 €

Revenue / average full-time employees

Labour cost per employee per month

1 186 €

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	24 Apr 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	28 May 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	31 May 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	1 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	27 May 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	23 Apr 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	10 Feb 2020	Company’s own	e-Äriregister

Board

Merle Nielsen
Board member · since 24 Jan 2018

Right of representation

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

Owners

Merle Nielsen
Natural person · 2 556 €

100%

Beneficial owners

Merle Nielsen
Direct ownership · since 23 Oct 2018

Founders and other persons

Olga Petrova
Founder · 40 000 € · 20 Jun 2001

Activities (EMTAK)

96211Hairdressing and barber activities Main

Rulings 8

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 30015589 / 9 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 30015589 / 8 7 Feb 2018	Amendment entry	In force 7 Feb 2018	PDF
Ä 30015589 / 7 24 Jan 2018	Amendment entry	In force 24 Jan 2018	PDF
Ä 30015589 / 6 18 Jan 2018	Amendment entry	In force 18 Jan 2018	PDF
Ä 30015589 / 5 19 Dec 2017	Amendment entry	In force 19 Dec 2017	PDF
Ä 30015589 / 4 4 Dec 2017	Amendment entry	In force 4 Dec 2017	PDF
Ä 30015589 / 3 3 Jan 2012	Amendment entry	In force 3 Jan 2012	PDF
Ä 15589 / 2 3 Dec 2008	Deletion of activities from the registry card	In force 10 Dec 2008	PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data