Osaühing Mergonet
Active Registry code 11191397
OÜ Tallinn Registered 14 Nov 2005
Osaühing Mergonet is a OÜ based in Tallinn, registry code 11191397, status: active. Main activity: Construction of utility projects for electricity and telecommunications. According to EMTA, turnover for Q3 2026 was €513 631 with employees.
Turnover
513 631 €
↑ 4.3% vs Q2 2026
State taxes
0 €
Labour taxes
3 101 €
↑ 0.0% vs Q2 2026
Employees
—
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 513 631 €above 85% of companiesindustry median 52 240 € · companies in the industry: 1 125
- Revenue · 2025 2.1 mn €above 91% of companiesindustry median 88 960 € · companies in the industry: 1 426
- Net profit margin · 2025 1.8 %above 38% of companiesindustry median 5.0 % · companies in the industry: 1 185
Taxes and turnover
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 513 631 | — | 3 101 | — |
| Q2 2026 | 492 302 | — | 3 101 | — |
| Q1 2026 | 788 295 | — | 3 726 | — |
| Q4 2025 | 570 604 | 20 424 | 4 440 | — |
| Q3 2025 | 434 970 | 20 600 | 4 440 | — |
| Q2 2025 | 495 568 | 17 183 | 4 440 | — |
| Q1 2025 | 642 943 | 25 015 | 5 832 | — |
| Q4 2024 | 721 396 | 54 486 | 4 875 | — |
| Q3 2024 | 658 428 | 27 581 | 6 268 | — |
| Q2 2024 | 614 369 | 19 460 | 6 268 | — |
| Q1 2024 | 642 001 | 15 781 | 6 268 | — |
| Q4 2023 | 694 958 | 35 415 | 6 268 | — |
| Q3 2023 | 625 098 | — | 6 268 | — |
| Q2 2023 | 812 227 | 39 459 | 6 268 | — |
| Q1 2023 | 691 225 | 7 878 | 6 268 | — |
| Q4 2022 | 811 198 | 18 292 | 6 268 | — |
| Q3 2022 | 1 169 713 | 17 187 | 6 268 | — |
| Q2 2022 | 577 096 | 9 177 | 3 143 | — |
| Q1 2022 | 638 901 | 5 475 | 527 | — |
Financials by year
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 2 117 030 | 38 176 | 45 238 | 896 264 | 571 596 | 1 |
| 2024 | 2 550 367 | -485 246 | 55 982 | 991 782 | 533 420 | 1 |
| 2023 | 2 807 717 | 270 273 | 61 071 | 1 630 873 | 1 138 665 | 1 |
| 2022 | 3 176 229 | 40 360 | 45 295 | 1 473 325 | 908 393 | 1 |
| 2021 | 1 595 027 | 113 945 | — | 1 570 514 | 973 032 | 0 |
| 2020 | 1 045 557 | 121 360 | 0 | 1 344 792 | 787 007 | 1 |
| 2019 | 1 334 685 | 107 466 | 4 580 | 1 171 500 | 695 647 | 1 |
| 2018 | — | — | — | — | — | 1 |
| 2017 | — | — | — | — | — | 1 |
| 2016 | — | — | — | — | — | 1 |
| 2015 | — | — | — | — | — | 1 |
| 2014 | — | — | — | — | — | 1 |
| 2013 | — | — | — | — | — | 1 |
| 2012 | — | — | — | — | — | 1 |
| 2011 | — | — | — | — | — | 1 |
| 2010 | — | — | — | — | — | 1 |
| 2009 | — | — | — | — | — | 1 |
| 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
1.8 %
Net profit / revenue
Return on equity (ROE)
6.7 %
Net profit / equity
Return on assets (ROA)
4.3 %
Net profit / assets
Equity ratio
63.8 %
Equity / assets
Debt ratio
36.2 %
Liabilities / assets
Current ratio
1.31
Current assets / current liabilities
Revenue per employee
2 117 030 €
Revenue / average full-time employees
Labour cost per employee per month
3 770 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 29 Jun 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Jun 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 28 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 30 Jun 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 3 May 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 17 Jun 2020 | Company’s own | e-Äriregister |
Board
- Sulo MannineBoard member · since 12 Jan 2006
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- osaühing BAROTIXLegal person · 11177764 · 6 391 €
Beneficial owners
- Sulo MannineDirect ownership · since 12 Oct 2018
Founders and other persons
- AS Larssen CapitalFounder · 40 000 € · 14 Nov 2005
Related companies
Activities (EMTAK)
- 42221Construction of utility projects for electricity and telecommunications Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10093373 / 12 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 10093373 / 11 12 Oct 2018 |
Second (constitutive) merger entry | In force 12 Oct 2018 |
||
| Ä 10093373 / M1 11 Oct 2018 |
Ruling to eliminate deficiencies | 26 Oct 2018 | Deficiencies eliminated 12 Oct 2018 |
|
| Ä 10093373 / 10 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10093373 / 9 29 Nov 2017 |
Amendment entry | In force 29 Nov 2017 |
||
| Ä 10093373 / 8 22 Jun 2017 |
Amendment under Commercial Code § 525 (2) | In force 22 Jun 2017 |
||
| Ä 10093373 / 7 23 Sep 2016 |
Amendment entry | In force 23 Sep 2016 |
||
| Ä 10093373 / 6 25 Nov 2011 |
Amendment entry | In force 25 Nov 2011 |
||
| Ä 10093373 / 5 1 Oct 2010 |
Amendment entry | In force 1 Oct 2010 |
||
| Ä 93373 / 4 18 Jun 2009 |
Deletion of activities from the registry card | In force 18 Jun 2009 |
||
| Ä 93373 / 3 29 Nov 2007 |
Amendment entry | In force 29 Nov 2007 |
||
| Ä 93373 / 2 12 Jan 2006 |
Amendment entry | Confirmed 12 Jan 2006 |
||
| Ä 93373 11 Nov 2005 |
First entry | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data