ML Varad OÜ
Active Registry code 11349378
OÜ Tartu linn Registered 2 Mar 2007
ML Varad OÜ is a OÜ based in Tartu linn, registry code 11349378, status: active. Main activity: Logging. According to EMTA, turnover for Q3 2026 was €141 634 with employees.
Turnover
141 634 €
↓ 75.4% vs Q2 2026
State taxes
0 €
↓ 100.0% vs Q2 2026
Labour taxes
0 €
Employees
—
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 141 634 €above 88% of companiesindustry median 14 400 € · companies in the industry: 1 834
- Revenue · 2025 408 803 €above 89% of companiesindustry median 29 224 € · companies in the industry: 2 730
- Net profit margin · 2025 24.9 %above 75% of companiesindustry median 4.9 % · companies in the industry: 2 137
Taxes and turnover
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (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 | 141 634 | — | — | — |
| Q2 2026 | 575 556 | 68 472 | — | — |
| Q1 2026 | 75 749 | 15 569 | — | — |
| Q4 2025 | 137 974 | — | 8 876 | — |
| Q3 2025 | 69 624 | 11 344 | 7 750 | 1 |
| Q2 2025 | 114 667 | 28 764 | 10 500 | 2 |
| Q1 2025 | 326 245 | 23 090 | 9 127 | 2 |
| Q4 2024 | 463 135 | 30 766 | 9 612 | 2 |
| Q3 2024 | 263 424 | 28 156 | 10 178 | 3 |
| Q2 2024 | 117 897 | 17 113 | 8 199 | 3 |
| Q1 2024 | 222 593 | 34 688 | 8 578 | 3 |
| Q4 2023 | 169 028 | 1 833 | 7 395 | 2 |
| Q3 2023 | 256 306 | 26 636 | 8 289 | 2 |
| Q2 2023 | 299 497 | 2 815 | 7 841 | 2 |
| Q1 2023 | 72 149 | — | 7 459 | 2 |
| Q4 2022 | 107 364 | 8 544 | 8 201 | 2 |
| Q3 2022 | 229 702 | 34 531 | 7 164 | 2 |
| Q2 2022 | 186 181 | 25 369 | 7 918 | 2 |
| Q1 2022 | 561 157 | 14 335 | 5 696 | 2 |
Financials by year
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (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 | 408 803 | 101 857 | 70 807 | 2 953 666 | 2 402 380 | 2 |
| 2024 | 1 164 401 | 162 727 | 88 020 | 2 955 461 | 2 357 683 | 2 |
| 2023 | 609 840 | 121 511 | 75 402 | 2 948 510 | 2 194 956 | 2 |
| 2022 | 675 766 | 85 527 | 77 727 | 2 365 340 | 2 073 445 | 2 |
| 2021 | 801 484 | 98 823 | 23 318 | 2 397 900 | 1 922 570 | 1 |
| 2020 | 183 535 | 789 596 | 0 | 1 999 969 | 1 823 746 | 0 |
| 2019 | 605 293 | 32 604 | — | 1 550 039 | 1 034 150 | 0 |
| 2018 | — | — | — | — | — | 0 |
| 2017 | — | — | — | — | — | 0 |
| 2016 | — | — | — | — | — | 1 |
| 2015 | — | — | — | — | — | 0 |
| 2014 | — | — | — | — | — | 0 |
| 2013 | — | — | — | — | — | 0 |
| 2012 | — | — | — | — | — | 0 |
| 2011 | — | — | — | — | — | 0 |
| 2010 | — | — | — | — | — | 0 |
| 2009 | — | — | — | — | — | 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
24.8 %
Net profit / revenue
Return on equity (ROE)
4.2 %
Net profit / equity
Return on assets (ROA)
3.4 %
Net profit / assets
Equity ratio
81.3 %
Equity / assets
Debt ratio
18.7 %
Liabilities / assets
Current ratio
2.85
Current assets / current liabilities
Revenue per employee
205 685 €
Revenue / average full-time employees
Labour cost per employee per month
2 950 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 10 Jun 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 14 Apr 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 11 Mar 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 10 Jul 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 28 Jun 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 30 Jun 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 29 Jun 2020 | Company’s own | e-Äriregister |
Board
- Mart MeeruBoard member · since 12 Jul 2011
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Siret MeeruNatural person · 22 369 €
- Mart MeeruNatural person · 22 369 €
Owner in
- 100%
Beneficial owners
- Siret MeeruIndirect ownership · since 29 Jun 2020
- Mart MeeruDirect ownership · since 11 Sep 2018
Founders and other persons
- Margo LõhmusFounder · 40 000 € · 1 Mar 2007
- Lihtsalt Teenused OÜAudit firm · 10 Jul 2023
Related companies
Activities (EMTAK)
- 02201Logging Main
- 35123Electricity production from solar energy
- 47821Retail sale of motor vehicle parts and accessories
- 49411Freight transport by road
- 77111Rental and leasing of cars and light motor vehicles (with a maximum permissible weight up to 3,5 tons)
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20037976 / 10 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 20037976 / 9 15 Aug 2023 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 15 Aug 2023 |
||
| K 20037976 / 8 13 Jul 2020 |
Commercial pledge deleted | In force 13 Jul 2020 |
||
| K 20037976 / 7 18 Nov 2019 |
Commercial pledge entered | In force 18 Nov 2019 |
||
| K 20037976 / M3 15 Nov 2019 |
Ruling to eliminate deficiencies | 15 Dec 2019 | Deficiencies eliminated 18 Nov 2019 |
|
| Ä 20037976 / 6 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 20037976 / 5 19 Dec 2017 |
Amendment entry | In force 19 Dec 2017 |
||
| Ä 20037976 / 4 4 Dec 2017 |
Amendment entry | In force 4 Dec 2017 |
||
| Ä 20037976 / 3 12 Jul 2011 |
Amendment entry | In force 12 Jul 2011 |
||
| Ä 20037976 / M2 11 Jul 2011 |
Ruling to eliminate deficiencies | 15 Aug 2011 | In force 11 Jul 2011 |
|
| Ä 37976 / 2 17 Apr 2008 |
Amendment entry | In force 17 Apr 2008 |
||
| Ä 37976 / M1 11 Apr 2008 |
Ruling to eliminate deficiencies (to be served) | 11 May 2008 | In force 11 Apr 2008 |
|
| Ä 37976 2 Mar 2007 |
First entry | In force 2 Mar 2007 |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data