Osaühing Morgander

Active Registry code 11182889 OÜ Tallinn Registered 3 Nov 2005
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Osaühing Morgander is a OÜ based in Tallinn, registry code 11182889, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €23 348 with employees.

Turnover
23 348 €
↑ 759.6% vs Q2 2026
State taxes
6 169 €
↑ 351.6% vs Q2 2026
Labour taxes
522 €
↑ 0.0% vs Q2 2026
Employees
—

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 23 348 €
    industry median 25 252 € · companies in the industry: 4 696
  • Revenue · 2025 75 233 €
    industry median 38 239 € · companies in the industry: 7 001
  • Net profit margin · 2025 -56.0 %
    industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 23 348 € · +759.6% vs Q2 2026 · industry median 25 252 € · above 48% of the industry
0200400600800Q4 2023 Company: 665 394 € Industry median: 26 427 €Q4·23Q1 2024 Company: 84 258 € Industry median: 19 618 €Q2 2024 Company: 11 783 € Industry median: 21 373 €Q2·24Q3 2024 Company: 86 009 € Industry median: 26 160 €Q4 2024 Company: 177 420 € Industry median: 25 496 €Q4·24Q1 2025 Company: 36 831 € Industry median: 19 568 €Q2 2025 Company: 34 328 € Industry median: 22 577 €Q2·25Q3 2025 Company: 149 € Industry median: 25 533 €Q4 2025 Company: 39 315 € Industry median: 25 721 €Q4·25Q1 2026 Company: 193 € Industry median: 20 483 €Q2 2026 Company: 2 716 € Industry median: 22 672 €Q2·26Q3 2026 Company: 23 348 € Industry median: 25 252 €Q3·26050100150200Q4 2024 Company: 177 420 € Industry median: 25 496 €Q1 2025 Company: 36 831 € Industry median: 19 568 €Q1·25Q2 2025 Company: 34 328 € Industry median: 22 577 €Q3 2025 Company: 149 € Industry median: 25 533 €Q3·25Q4 2025 Company: 39 315 € Industry median: 25 721 €Q1 2026 Company: 193 € Industry median: 20 483 €Q1·26Q2 2026 Company: 2 716 € Industry median: 22 672 €Q3 2026 Company: 23 348 € 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, € Q1 2025: 4 593 € · +106.8% vs Q4 2024 · industry median 1 188 € · above 98% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 2 930 € Industry median: 1 145 €Q4·23Q1 2024 Company: 1 465 € Industry median: 1 097 €Q2 2024 Company: 1 905 € Industry median: 1 083 €Q2·24Q3 2024 Company: 2 221 € Industry median: 1 142 €Q4 2024 Company: 2 221 € Industry median: 1 179 €Q4·24Q1 2025 Company: 4 593 € Industry median: 1 188 €Q2 2025 Company: — Industry median: 1 149 €Q2·25Q3 2025 Company: — Industry median: 1 208 €Q4 2025 Company: — Industry median: 1 254 €Q4·25Q1 2026 Company: — Industry median: 1 183 €Q2 2026 Company: — Industry median: 1 166 €Q2·26Q3 2026 Company: — Industry median: 1 211 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 2 221 € Industry median: 1 179 €Q1 2025 Company: 4 593 € Industry median: 1 188 €Q1·25Q2 2025 Company: — Industry median: 1 149 €Q3 2025 Company: — Industry median: 1 208 €Q3·25Q4 2025 Company: — Industry median: 1 254 €Q1 2026 Company: — Industry median: 1 183 €Q1·26Q2 2026 Company: — Industry median: 1 166 €Q3 2026 Company: — 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 Q1 2025: 1 · −50.0% vs Q4 2024
0.00.51.01.52.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 1Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·260.00.51.01.52.0Q4 2024 Company: 2Q1 2025 Company: 1Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 6 169 € · +351.6% vs Q2 2026
020 00040 00060 00080 000100 000Q4 2023 Company: 91 833 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 15 167 €Q4 2024 Company: 25 246 €Q4·24Q1 2025 Company: 7 747 €Q2 2025 Company: 8 094 €Q2·25Q3 2025 Company: 871 €Q4 2025 Company: 3 659 €Q4·25Q1 2026 Company: 1 052 €Q2 2026 Company: 1 366 €Q2·26Q3 2026 Company: 6 169 €Q3·26010 00020 00030 000Q4 2024 Company: 25 246 €Q1 2025 Company: 7 747 €Q1·25Q2 2025 Company: 8 094 €Q3 2025 Company: 871 €Q3·25Q4 2025 Company: 3 659 €Q1 2026 Company: 1 052 €Q1·26Q2 2026 Company: 1 366 €Q3 2026 Company: 6 169 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 23 348 6 169 522 —
Q2 2026 2 716 1 366 522 —
Q1 2026 193 1 052 522 —
Q4 2025 39 315 3 659 522 —
Q3 2025 149 871 522 —
Q2 2025 34 328 8 094 3 851 —
Q1 2025 36 831 7 747 4 593 1
Q4 2024 177 420 25 246 4 441 2
Q3 2024 86 009 15 167 4 441 2
Q2 2024 11 783 — 3 809 2
Q1 2024 84 258 — 2 930 2
Q4 2023 665 394 91 833 2 930 1
Q3 2023 173 750 14 886 1 953 1
Q2 2023 99 748 12 945 — 1
Q1 2023 18 638 3 604 — —
Q4 2022 8 052 — — —
Q3 2022 21 803 3 281 — —
Q2 2022 200 — — —
Q1 2022 713 7 153 — —

Financials by year

2016 – 2025
Revenue, € thousand 2025: 75 233 € · −78.0% vs 2024 · industry median 38 239 € · above 63% of the industry
02004006008002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 386 016 € Industry median: 38 887 €20192020 Company: 607 824 € Industry median: 35 421 €20202021 Company: 196 287 € Industry median: 38 277 €20212022 Company: 20 921 € Industry median: 39 540 €20222023 Company: 691 254 € Industry median: 37 253 €20232024 Company: 342 433 € Industry median: 37 686 €20242025 Company: 75 233 € Industry median: 38 239 €202502004006008002018 Company: — Industry median: —2019 Company: 386 016 € Industry median: 38 887 €20192020 Company: 607 824 € Industry median: 35 421 €2021 Company: 196 287 € Industry median: 38 277 €20212022 Company: 20 921 € Industry median: 39 540 €2023 Company: 691 254 € Industry median: 37 253 €20232024 Company: 342 433 € Industry median: 37 686 €2025 Company: 75 233 € 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: -42 126 € · −10.9% vs 2024 · industry median 410 € · above 2% of the industry
-500501001502002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 191 € Industry median: 643 €20192020 Company: 45 203 € Industry median: 279 €20202021 Company: 197 805 € Industry median: 315 €20212022 Company: -20 294 € Industry median: 398 €20222023 Company: 188 759 € Industry median: 253 €20232024 Company: -37 987 € Industry median: 107 €20242025 Company: -42 126 € Industry median: 410 €2025-500501001502002018 Company: — Industry median: —2019 Company: 1 191 € Industry median: 643 €20192020 Company: 45 203 € Industry median: 279 €2021 Company: 197 805 € Industry median: 315 €20212022 Company: -20 294 € Industry median: 398 €2023 Company: 188 759 € Industry median: 253 €20232024 Company: -37 987 € Industry median: 107 €2025 Company: -42 126 € Industry median: 410 €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: -56.0 % · −44.9 pp vs the year before · industry median 3.5 % · above 2% of the industry
-100-500501001502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0.3 % Industry median: 4.5 %20192020 Company: 7.4 % Industry median: 4.0 %20202021 Company: 100.8 % Industry median: 3.8 %20212022 Company: -97.0 % Industry median: 3.9 %20222023 Company: 27.3 % Industry median: 3.9 %20232024 Company: -11.1 % Industry median: 2.8 %20242025 Company: -56.0 % Industry median: 3.5 %2025-100-500501001502018 Company: — Industry median: —2019 Company: 0.3 % Industry median: 4.5 %20192020 Company: 7.4 % Industry median: 4.0 %2021 Company: 100.8 % Industry median: 3.8 %20212022 Company: -97.0 % Industry median: 3.9 %2023 Company: 27.3 % Industry median: 3.9 %20232024 Company: -11.1 % Industry median: 2.8 %2025 Company: -56.0 % 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: 965 545 € · −5.6% vs 2024
02505007501 0001 2502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 778 390 €20192020 Company: 750 197 €20202021 Company: 870 682 €20212022 Company: 843 479 €20222023 Company: 1 082 094 €20232024 Company: 1 022 589 €20242025 Company: 965 545 €202502505007501 0001 2502018 Company: —2019 Company: 778 390 €20192020 Company: 750 197 €2021 Company: 870 682 €20212022 Company: 843 479 €2023 Company: 1 082 094 €20232024 Company: 1 022 589 €2025 Company: 965 545 €2025
Equity, € thousand 2025: 952 105 € · −4.2% vs 2024
02505007501 0001 2502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 620 745 €20192020 Company: 665 948 €20202021 Company: 863 753 €20212022 Company: 843 459 €20222023 Company: 1 032 218 €20232024 Company: 994 231 €20242025 Company: 952 105 €202502505007501 0001 2502018 Company: —2019 Company: 620 745 €20192020 Company: 665 948 €2021 Company: 863 753 €20212022 Company: 843 459 €2023 Company: 1 032 218 €20232024 Company: 994 231 €2025 Company: 952 105 €2025
Employees 2025: 2 · +0.0% vs 2024 · industry median 2 · above 50% of the industry
0.00.51.01.52.02016 Company: 1 Industry median: —20162017 Company: 1 Industry median: —20172018 Company: 1 Industry median: 220182019 Company: 1 Industry median: 220192020 Company: 1 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 1 Industry median: 220232024 Company: 2 Industry median: 220242025 Company: 2 Industry median: 220250.00.51.01.52.02018 Company: 1 Industry median: 22019 Company: 1 Industry median: 220192020 Company: 1 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 1 Industry median: 220232024 Company: 2 Industry median: 22025 Company: 2 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, € Labour costs, € Assets, € Equity, € Employees
2025 75 233 -42 126 11 599 965 545 952 105 2
2024 342 433 -37 987 40 059 1 022 589 994 231 2
2023 691 254 188 759 16 859 1 082 094 1 032 218 1
2022 20 921 -20 294 0 843 479 843 459 0
2021 196 287 197 805 0 870 682 863 753 0
2020 607 824 45 203 4 817 750 197 665 948 1
2019 386 016 1 191 21 676 778 390 620 745 1
2018 — — — — — 1
2017 — — — — — 1
2016 — — — — — 1
2015 — — — — — 1
2014 — — — — — 1
2013 — — — — — 0
2012 — — — — — 0
2011 — — — — — 0
2010 — — — — — 0
2009 — — — — — 0
2008 — — — — — 0
2007 — — — — — 0
2006 — — — — — 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
-56.0 %
Net profit / revenue
Return on equity (ROE)
-4.4 %
Net profit / equity
Return on assets (ROA)
-4.4 %
Net profit / assets
Equity ratio
98.6 %
Equity / assets
Debt ratio
1.4 %
Liabilities / assets
Current ratio
33.33
Current assets / current liabilities
Revenue per employee
37 617 €
Revenue / average full-time employees
Labour cost per employee per month
483 €
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 2 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 11 Feb 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 29 May 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 May 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 8 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 20 Apr 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 27 Apr 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
  • 18121Printing of books
Rulings
Number, date Title Deadline State Document
Ä 10093095 / 8
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10093095 / 7
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10093095 / 6
29 Nov 2017
Amendment entry In force
29 Nov 2017
PDF
Ä 10093095 / 5
14 Sep 2016
Amendment entry In force
14 Sep 2016
PDF
Ä 10093095 / 4
5 Mar 2013
Amendment entry In force
5 Mar 2013
PDF
Ä 10093095 / M2
5 Feb 2013
Ruling to eliminate deficiencies 26 Feb 2013 In force
5 Feb 2013
PDF
Ä 30043145 / 6
25 Nov 2010
Amendment entry In force
25 Nov 2010
PDF
Ä 30043145 / M3
18 Jun 2010
Ruling to eliminate deficiencies 16 Jul 2010 In force
18 Jun 2010
PDF
Ä 30043145 / M2
31 May 2010
Ruling to eliminate deficiencies In force
31 May 2010
PDF
Ä 30043145 / 5
24 May 2010
Division entry (second, constitutive) In force
24 May 2010
PDF
Ä 30043145 / M1
13 May 2010
Ruling to eliminate deficiencies In force
13 May 2010
PDF
Ä 30043145 / 4
5 May 2010
Deletion of activities from the registry card In force
5 May 2010
PDF
Ä 10093095 / 3
8 Mar 2010
Amendment entry In force
8 Mar 2010
PDF
Ä 10093095 / M1
4 Mar 2010
Ruling to eliminate deficiencies 4 Apr 2010 In force
4 Mar 2010
PDF
Ä 93095 / 2
23 Nov 2005
Amendment entry In force PDF
Ä 93095
3 Nov 2005
First entry In force PDF

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