Osaühing Merilo Building

Active Registry code 10948409 OÜ Tõdva küla Registered 29 Apr 2003

Osaühing Merilo Building is a OÜ based in Tõdva küla, registry code 10948409, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €66 174 with 3 employees.

Turnover

66 174 €

↑ 90.8% vs Q2 2026

State taxes

10 919 €

↑ 123.0% vs Q2 2026

Labour taxes

3 105 €

↑ 0.4% 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 66 174 €

above 71% of companies

industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee 1 035 €

above 36% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025 104 511 €

above 69% of companies

industry median 38 239 € · companies in the industry: 7 000
Net profit margin · 2025 0.8 %

above 38% of companies

industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 66 174 € · +90.8% vs Q2 2026 · industry median 25 252 € · above 71% 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: 1 035 € · +0.4% vs Q2 2026 · industry median 1 211 € · above 36% 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: 3 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 10 919 € · +123.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	66 174	10 919	3 105	3
Q2 2026	34 690	4 896	3 094	3
Q1 2026	26 102	3 525	1 850	2
Q4 2025	29 850	3 890	2 509	2
Q3 2025	38 345	6 530	2 731	2
Q2 2025	32 483	7 141	2 886	2
Q1 2025	4 340	2 972	3 117	3
Q4 2024	81 037	262	3 417	3
Q3 2024	115 790	10 756	3 180	3
Q2 2024	65 373	—	1 825	3
Q1 2024	48 338	4 717	1 655	2
Q4 2023	21 074	1 654	1 612	2
Q3 2023	100 510	4 785	1 998	2
Q2 2023	141 815	—	1 998	2
Q1 2023	36 512	3 198	1 554	2
Q4 2022	13 007	2 891	2 452	2
Q3 2022	36 039	2 489	2 454	2
Q2 2022	58 746	3 780	1 291	2
Q1 2022	16 493	2 122	2 060	2

Labour taxes per employee per month

345 €

Turnover per employee in the quarter

22 058 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 104 511 € · −65.6% vs 2024 · industry median 38 239 € · above 69% 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: 861 € · −97.9% vs 2024 · industry median 410 € · above 53% 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: 0.8 % · −12.5 pp vs the year before · industry median 3.5 % · above 38% 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, € thousand 2025: 224 785 € · −0.5% vs 2024

Equity, € thousand 2025: 129 544 € · +0.7% 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	104 511	861	25 503	224 785	129 544	2
2024	303 901	40 591	33 154	225 960	128 683	2
2023	219 772	25 071	21 154	139 520	88 092	2
2022	117 977	-6 598	23 716	71 960	63 021	2
2021	268 157	22 174	25 767	78 666	69 619	2
2020	134 520	4 268	21 690	86 518	47 445	2
2019	227 846	6 014	20 092	74 257	43 177	2
2018	—	—	—	—	—	3
2017	—	—	—	—	—	2
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	1
2010	—	—	—	—	—	2
2009	—	—	—	—	—	0
2008	—	—	—	—	—	2
2007	—	—	—	—	—	3
2006	—	—	—	—	—	3
2005	—	—	—	—	—	1
2004	—	—	—	—	—	1
2003	—	—	—	—	—	1

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

0.8 %

Net profit / revenue

Return on equity (ROE)

0.7 %

Net profit / equity

Return on assets (ROA)

0.4 %

Net profit / assets

Equity ratio

57.6 %

Equity / assets

Debt ratio

42.4 %

Liabilities / assets

Current ratio

1.35

Current assets / current liabilities

Revenue per employee

52 256 €

Revenue / average full-time employees

Labour cost per employee per month

1 063 €

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	27 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 May 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	26 Mar 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	29 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	23 Apr 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	10 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	7 May 2020	Company’s own	e-Äriregister

Board

Tarmo Ruusmäe
Board member · since 7 Aug 2003

Right of representation

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

Owners

Tarmo Ruusmäe
Natural person · 2 556 €

100%

Beneficial owners

Tarmo Ruusmäe
Direct ownership · since 13 Nov 2018

Founders and other persons

Osaühing WASP PROJECT
Founder · 40 000 € · 29 Apr 2003

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main
43341Painting and glazing
49411Freight transport by road
68201Rental and operating of own or leased real estate

Rulings 15

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10072169 / 12 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10072169 / 11 15 Dec 2022	Amendment entry		In force 15 Dec 2022	PDF
Ä 10072169 / 10 30 Sep 2022	Amendment under Commercial Code § 525 (2)		In force 30 Sep 2022	PDF
Ä 10072169 / 9 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10072169 / 8 15 Nov 2017	Amendment entry		In force 15 Nov 2017	PDF
Ä 10072169 / 7 8 Nov 2017	Amendment entry		In force 8 Nov 2017	PDF
Ä 10072169 / 6 19 May 2015	Amendment under Commercial Code § 525 (2)		In force 19 May 2015	PDF
Ä 10072169 / 5 11 May 2010	Amendment entry		In force 11 May 2010	PDF
Ä 10072169 / M3 3 May 2010	Ruling to eliminate deficiencies	4 Jun 2010	In force 3 May 2010	PDF
Ä 10072169 / M2 19 Apr 2010	Ruling to eliminate deficiencies	21 May 2010	In force 19 Apr 2010	PDF
Ä 72169 / 4 5 Jan 2009	Deletion of activities from the registry card		In force 6 Jan 2009	PDF
Ä 72169 / M1 26 Sep 2006	Fine for not filing the report		Deficiencies eliminated 23 Nov 2006	PDF
Ä 72169 / 3 19 Jul 2006	Amendment entry		In force 19 Jul 2006	PDF
Ä 72169 / 2 7 Aug 2003	Amendment entry		In force	PDF
Ä 72169 29 Apr 2003	First entry		In force	PDF

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