Osaühing MEGARAM

Active Registry code 11023694 OÜ Tallinn Registered 29 Mar 2004

Osaühing MEGARAM is a OÜ based in Tallinn, registry code 11023694, status: active. Main activity: Bookkeeping, tax consulting. According to EMTA, turnover for Q3 2026 was €49 270 with 3 employees.

Turnover

49 270 €

↓ 4.0% vs Q2 2026

State taxes

15 464 €

↑ 4.9% vs Q2 2026

Labour taxes

7 264 €

↑ 15.6% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Legal and accounting activities · EMTAK 69

Turnover · Q3 2026 49 270 €

above 88% of companies

industry median 9 740 € · companies in the industry: 3 327
Labour taxes per employee 2 421 €

above 81% of companies

industry median 1 122 € · companies in the industry: 3 120
Revenue · 2025 183 441 €

above 98% of companies

industry median 12 784 € · companies in the industry: 8 416
Net profit margin · 2025 15.6 %

above 51% of companies

industry median 14.8 % · companies in the industry: 6 880

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 49 270 € · −4.0% vs Q2 2026 · industry median 9 740 € · above 88% of the industry

Company
Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 421 € · +15.6% vs Q2 2026 · industry median 1 122 € · above 81% of the industry

Company
Industry median

Industry: Legal and accounting activities (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: 15 464 € · +4.9% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	49 270	15 464	7 264	3
Q2 2026	51 329	14 737	6 282	3
Q1 2026	45 849	14 557	7 214	3
Q4 2025	45 515	20 102	7 879	3
Q3 2025	46 659	15 010	7 879	3
Q2 2025	47 232	14 666	7 879	3
Q1 2025	44 697	13 709	7 368	3
Q4 2024	40 621	25 529	8 567	3
Q3 2024	42 377	12 942	6 347	3
Q2 2024	41 406	12 765	6 262	3
Q1 2024	41 966	12 558	6 041	3
Q4 2023	38 246	11 526	6 015	3
Q3 2023	42 965	12 453	6 015	3
Q2 2023	41 764	19 213	8 528	3
Q1 2023	46 341	12 406	6 101	4
Q4 2022	47 902	15 445	7 007	4
Q3 2022	54 927	15 070	6 705	4
Q2 2022	46 115	18 453	8 280	4
Q1 2022	42 027	12 501	5 714	5

Labour taxes per employee per month

807 €

Turnover per employee in the quarter

16 423 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 183 441 € · +9.1% vs 2024 · industry median 12 784 € · above 98% of the industry

Company
Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 28 577 € · +30.0% vs 2024 · industry median 1 062 € · above 92% of the industry

Company
Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 15.6 % · +2.5 pp vs the year before · industry median 14.8 % · above 51% of the industry

Company
Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 67 364 € · −19.5% vs 2024

Equity, € 2025: 47 535 € · +31.6% vs 2024

Employees 2025: 3 · +0.0% vs 2024 · industry median 1 · above 90% of the industry

Company
Industry median

Industry: Legal and accounting 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	183 441	28 577	69 324	67 364	47 535	3
2024	168 177	21 981	60 555	83 669	36 119	3
2023	167 844	27 769	58 330	80 752	70 502	3
2022	192 850	58 100	62 484	84 961	76 885	3
2021	156 355	37 983	54 421	54 285	46 769	3
2020	157 118	21 338	59 089	49 403	41 804	3
2019	176 020	46 247	57 665	70 486	61 917	3
2018	—	—	—	—	—	3
2017	—	—	—	—	—	3
2016	—	—	—	—	—	5
2015	—	—	—	—	—	6
2014	—	—	—	—	—	7
2013	—	—	—	—	—	7
2012	—	—	—	—	—	7
2011	—	—	—	—	—	7
2010	—	—	—	—	—	7
2009	—	—	—	—	—	7
2008	—	—	—	—	—	8
2007	—	—	—	—	—	6
2006	—	—	—	—	—	7
2005	—	—	—	—	—	5
2004	—	—	—	—	—	5

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

15.6 %

Net profit / revenue

Return on equity (ROE)

60.1 %

Net profit / equity

Return on assets (ROA)

42.4 %

Net profit / assets

Equity ratio

70.6 %

Equity / assets

Debt ratio

29.4 %

Liabilities / assets

Current ratio

3.40

Current assets / current liabilities

Revenue per employee

61 147 €

Revenue / average full-time employees

Labour cost per employee per month

1 926 €

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	30 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	22 Apr 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	2 Apr 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	31 Mar 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	21 Feb 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	23 Mar 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	28 Feb 2020	Company’s own	e-Äriregister

Board

Sulev Metsalu
Board member · since 29 Mar 2004

Right of representation

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

Owners

Sulev Metsalu
Natural person · 2 556 €

100%

Beneficial owners

Sulev Metsalu
Direct ownership · since 4 Sep 2018

Founders and other persons

Sulev Metsalu
Founder · 40 000 € · 29 Mar 2004

shared board members, owners or beneficial owners

Activities (EMTAK)

69202Bookkeeping, tax consulting Main

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10078828 / 10 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10078828 / 9 6 Oct 2020	Amendment entry	In force 6 Oct 2020	PDF
Ä 10078828 / 8 27 Dec 2018	Amendment under Commercial Code § 525 (2)	In force 27 Dec 2018	PDF
Ä 10078828 / 7 17 Jan 2018	Amendment entry	In force 17 Jan 2018	PDF
Ä 10078828 / 6 8 Nov 2017	Amendment entry	In force 8 Nov 2017	PDF
Ä 10078828 / 5 14 Sep 2016	Amendment entry	In force 14 Sep 2016	PDF
Ä 10078828 / 4 30 Mar 2011	Amendment entry	In force 30 Mar 2011	PDF
Ä 78828 / 3 3 Dec 2008	Deletion of activities from the registry card	In force 3 Dec 2008	PDF
Ä 78828 / 2 20 Apr 2004	Amendment entry	In force	PDF
Ä 78828 29 Mar 2004	First entry	In force	PDF

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

Osaühing MEGARAM

Position in the industry Legal and accounting activities · EMTAK 69

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 10