MEK Ehitusgrupp osaühing

Active Registry code 11158840 OÜ Tõrva linn Registered 19 Aug 2005

MEK Ehitusgrupp osaühing is a OÜ based in Tõrva linn, registry code 11158840, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €52 388 with 3 employees.

Turnover

52 388 €

↑ 14.1% vs Q2 2026

State taxes

8 076 €

↓ 15.4% vs Q2 2026

Labour taxes

3 191 €

↓ 12.9% 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 52 388 €

above 66% of companies

industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee 1 064 €

above 38% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2025 183 099 €

above 77% of companies

industry median 38 239 € · companies in the industry: 6 999
Net profit margin · 2025 2.7 %

above 47% of companies

industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 52 388 € · +14.1% vs Q2 2026 · industry median 25 252 € · above 66% 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: 1 064 € · −12.9% vs Q2 2026 · industry median 1 211 € · 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.

Employees Q3 2026: 3 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 8 076 € · −15.4% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	52 388	8 076	3 191	3
Q2 2026	45 898	9 547	3 665	3
Q1 2026	18 575	7 114	3 258	3
Q4 2025	47 771	4 981	2 922	3
Q3 2025	51 903	9 660	3 059	3
Q2 2025	29 515	7 297	3 757	3
Q1 2025	51 188	4 732	3 496	3
Q4 2024	38 496	4 381	2 749	3
Q3 2024	57 129	9 448	3 592	3
Q2 2024	24 132	4 850	3 250	3
Q1 2024	120 136	19 832	2 201	3
Q4 2023	67 520	10 641	2 353	3
Q3 2023	36 014	3 887	3 426	3
Q2 2023	21 825	3 200	3 092	3
Q1 2023	48 058	5 985	2 549	3
Q4 2022	43 126	3 786	2 731	4
Q3 2022	58 097	6 377	3 054	4
Q2 2022	44 879	6 184	3 128	4
Q1 2022	63 689	9 093	3 038	4

Labour taxes per employee per month

355 €

Turnover per employee in the quarter

17 463 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 183 099 € · +38.9% vs 2024 · industry median 38 239 € · above 77% 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, € thousand 2025: 4 940 € · +104.5% vs 2024 · industry median 411 € · above 67% 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: 2.7 % · +85.7 pp vs the year before · industry median 3.5 % · above 47% 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: 58 634 € · −6.7% vs 2024

Equity, € thousand 2025: 39 685 € · +14.2% vs 2024

Employees 2025: 3 · +0.0% vs 2024 · industry median 2 · above 65% 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	183 099	4 940	35 126	58 634	39 685	3
2024	131 807	-109 443	38 630	62 854	34 745	3
2023	245 156	106 619	33 418	178 476	142 718	2
2022	203 042	-3 567	34 983	87 650	36 005	3
2021	227 874	13 198	32 589	94 231	39 572	3
2020	162 908	28 362	37 833	54 024	26 374	3
2019	127 383	-5 170	36 598	53 887	7 362	3
2018	—	—	—	—	—	3
2017	—	—	—	—	—	3
2016	—	—	—	—	—	4
2015	—	—	—	—	—	4
2014	—	—	—	—	—	3
2013	—	—	—	—	—	2
2012	—	—	—	—	—	1
2011	—	—	—	—	—	1
2010	—	—	—	—	—	2
2009	—	—	—	—	—	2
2008	—	—	—	—	—	3
2007	—	—	—	—	—	8

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

2.7 %

Net profit / revenue

Return on equity (ROE)

12.4 %

Net profit / equity

Return on assets (ROA)

8.4 %

Net profit / assets

Equity ratio

67.7 %

Equity / assets

Debt ratio

32.3 %

Liabilities / assets

Current ratio

2.37

Current assets / current liabilities

Revenue per employee

61 033 €

Revenue / average full-time employees

Labour cost per employee per month

976 €

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	28 Sep 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	20 Nov 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	8 Oct 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	18 Oct 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	10 Oct 2023	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	8 Aug 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	31 Oct 2020	Company’s own	e-Äriregister

Board

Raul Kütt
Board member · since 13 Jul 2006

Right of representation

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

Owners

Raul Kütt
Natural person · 2 556 €

100%

Beneficial owners

Raul Kütt
Direct ownership · since 31 Oct 2018

Founders and other persons

Osaühing WASP PROJECT
Founder · 40 000 € · 19 Aug 2005

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main

Rulings 21

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20036038 / M7 4 Sep 2026	Warning of deletion from the register: annual report not filed	8 Dec 2026	Deficiencies eliminated 29 Sep 2026	PDF
Ä 20036038 / M6 20 Aug 2025	Warning of deletion from the register: annual report not filed	23 Nov 2025	Deficiencies eliminated 21 Nov 2025	PDF
Ä 20036038 / M5 30 Aug 2024	Fine for not filing the report	29 Sep 2024	In force 30 Sep 2024	PDF
Ä 20036038 / M4 7 Jul 2024	Warning of a fine: annual report not filed	6 Aug 2024	In force 7 Jul 2024	PDF
Ä 20036038 / M3 26 Sep 2023	Warning of deletion from the register: annual report not filed	30 Dec 2023	Deficiencies eliminated 19 Oct 2023	PDF
Ä 20036038 / 9 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 20036038 / 8 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 20036038 / 7 6 Dec 2017	Amendment entry		In force 6 Dec 2017	PDF
Ä 20036038 / 6 4 Dec 2017	Amendment entry		In force 4 Dec 2017	PDF
Ä 20036038 / 5 20 Dec 2011	Amendment entry		In force 20 Dec 2011	PDF
Ä 36038 / 4 19 Mar 2009	Amendment entry		In force 19 Mar 2009	PDF
Ä 36038 / 3 3 Dec 2008	Deletion of activities from the registry card		In force 22 Dec 2008	PDF
Ä 36038 / M2 16 Nov 2007	Warning of a fine: annual report not filed	19 Dec 2007	Deficiencies eliminated 27 Feb 2008	PDF
Ä 36038 / 2 23 May 2007	Amendment entry		In force 23 May 2007	PDF
Ä 36038 / M1 18 May 2007	Ruling to eliminate deficiencies (to be served)	21 Jun 2007	In force 22 May 2007	PDF
Ä 90847 / 5 17 Jul 2006	Registry card closed after a change of district		In force 17 Jul 2006	PDF
Ä 36038 13 Jul 2006	Registry card opened in the department of the new seat		In force 13 Jul 2006	PDF
Ä 90847 / 4 10 Jul 2006	Note		In force 10 Jul 2006	PDF
Ä 90847 / 3 7 Nov 2005	Amendment entry		In force	PDF
Ä 90847 / 2 8 Sep 2005	Amendment entry		In force	PDF
Ä 90847 19 Aug 2005	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