Aktsiaselts MERKO EHITUS
Active Registry code 11520257
AS Tallinn Registered 1 Aug 2008
Aktsiaselts MERKO EHITUS is a AS based in Tallinn, registry code 11520257, status: active. Main activity: Activities of head offices. According to EMTA, turnover for Q3 2026 was €383 826 with 8 employees.
Turnover
383 826 €
↓ 1.5% vs Q2 2026
State taxes
137 151 €
↓ 59.7% vs Q2 2026
Labour taxes
115 622 €
↓ 65.0% vs Q2 2026
Employees
8
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 383 826 €above 98% of companiesindustry median 13 705 € · companies in the industry: 4 338
- Labour taxes per employee 14 453 €above 98% of companiesindustry median 1 649 € · companies in the industry: 1 689
- Revenue · 2025 981 551 €above 98% of companiesindustry median 10 800 € · companies in the industry: 9 687
- Net profit margin · 2025 4 921.6 %above 98% of companiesindustry median 22.0 % · companies in the industry: 6 494
Taxes and turnover
- Company
- Industry median
Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities of head offices and management consultancy (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 | 383 826 | 137 151 | 115 622 | 8 |
| Q2 2026 | 389 846 | 340 658 | 330 236 | 8 |
| Q1 2026 | 306 248 | 685 575 | 618 214 | 8 |
| Q4 2025 | 247 830 | 128 936 | 135 858 | 8 |
| Q3 2025 | 261 682 | 156 025 | 150 735 | 8 |
| Q2 2025 | 247 991 | 351 435 | 357 250 | 9 |
| Q1 2025 | 466 271 | 610 774 | 611 458 | 10 |
| Q4 2024 | 233 836 | 140 767 | 130 787 | 9 |
| Q3 2024 | 240 660 | 208 590 | 194 947 | 9 |
| Q2 2024 | 289 235 | 290 329 | 295 869 | 9 |
| Q1 2024 | 235 887 | 689 712 | 698 928 | 9 |
| Q4 2023 | 162 948 | 113 818 | 118 988 | 9 |
| Q3 2023 | 184 371 | 154 102 | 151 480 | 9 |
| Q2 2023 | 188 322 | 228 254 | 233 132 | 9 |
| Q1 2023 | 157 934 | 445 018 | 456 900 | 10 |
| Q4 2022 | 145 377 | 118 731 | 118 858 | 10 |
| Q3 2022 | 141 129 | 189 770 | 165 643 | 10 |
| Q2 2022 | 141 897 | 211 804 | 214 296 | 10 |
| Q1 2022 | 322 056 | 396 855 | 402 323 | 10 |
Labour taxes per employee per month
4 818 €
Turnover per employee in the quarter
47 978 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|
| 2025 | 981 551 | 48 308 000 | 196 974 000 | 189 204 000 | 10 |
| 2024 | 926 776 | 31 514 000 | 182 523 000 | 174 526 000 | 10 |
| 2023 | 651 724 | 18 514 000 | 181 474 000 | 166 022 000 | 10 |
| 2022 | 555 402 | 17 116 000 | 187 411 000 | 165 208 000 | 10 |
| 2021 | 1 360 296 | 13 917 000 | 173 429 000 | 165 792 000 | 10 |
| 2020 | 283 892 | 2 537 000 | 177 159 000 | 169 575 000 | 10 |
| 2019 | 336 156 | 14 185 000 | 176 342 000 | 167 038 000 | 10 |
| 2018 | — | — | — | — | 10 |
| 2017 | — | — | — | — | 8 |
| 2016 | — | — | — | — | 9 |
| 2015 | — | — | — | — | 9 |
| 2014 | — | — | — | — | 13 |
| 2013 | — | — | — | — | 13 |
| 2012 | — | — | — | — | 11 |
| 2011 | — | — | — | — | 337 |
| 2010 | — | — | — | — | 923 |
| 2009 | — | — | — | — | 348 |
| 2008 | — | — | — | — | 367 |
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
4 919.3 %
Net profit / revenue
Return on equity (ROE)
25.5 %
Net profit / equity
Return on assets (ROA)
24.5 %
Net profit / assets
Equity ratio
96.1 %
Equity / assets
Debt ratio
3.9 %
Liabilities / assets
Current ratio
1.30
Current assets / current liabilities
Revenue per employee
98 200 €
Revenue / average full-time employees
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 28 Apr 2026 | Consolidated · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 15 May 2025 | Consolidated · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 8 May 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 4 May 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 4 May 2022 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 7 May 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 20 May 2020 | Consolidated · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 7 | 60 000 000 EEK | aktsiaselts Hansapank | 6 Oct 2008 – in force |
| 5 | 60 000 000 EEK | aktsiaselts Hansapank | 1 Aug 2008 – in force |
| 2 | 40 000 000 EEK | aktsiaselts Hansapank | 1 Aug 2008 – in force |
| 1 | 40 000 000 EEK | aktsiaselts Hansapank | 1 Aug 2008 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Urmas SomelarBoard member · since 7 Jun 2023
- Ivo VolkovBoard member · since 2 Jan 2024
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Owner in
- 100%
- 100%
- 100%
- 100%
- 100%
Beneficial owners
- Toomas AnnusIndirect ownership · since 10 Sep 2018
Founders and other persons
- Aktsiaselts MERKO EHITUSFounder · 177 000 000 € · 1 Aug 2008
- Ernst & Young Baltic ASAudit firm · 11 May 2026
- Kristina SiimarSupervisory board member · 20 May 2025
- Indrek NeiveltSupervisory board member · 5 May 2026
- Toomas AnnusSupervisory board member · 5 May 2026
- Tõnu ToomikSupervisory board member · 5 May 2026
- Omanikukonto: AS RIVERITOShareholder · 5 708 291 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 70101Activities of head offices Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10120213 / 23 8 May 2026 |
Amendment entry | In force 8 May 2026 |
||
| Ä 10120213 / 22 2 Jan 2024 |
Amendment entry | In force 2 Jan 2024 |
||
| Ä 10120213 / 21 7 Jun 2023 |
Amendment entry | In force 7 Jun 2023 |
||
| Ä 10120213 / M6 6 Jun 2023 |
Ruling to eliminate deficiencies | Deficiencies eliminated 7 Jun 2023 |
||
| Ä 10120213 / M5 11 May 2022 |
Ruling annulling a ruling | In force 11 May 2022 |
||
| Ä 10120213 / 20 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10120213 / 19 30 Nov 2017 |
Amendment entry | In force 30 Nov 2017 |
||
| Ä 10120213 / 18 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10120213 / 17 31 Aug 2016 |
Amendment entry | In force 31 Aug 2016 |
||
| Ä 10120213 / 16 12 May 2016 |
Amendment entry | In force 12 May 2016 |
||
| Ä 10120213 / 15 14 Aug 2015 |
Amendment entry | In force 14 Aug 2015 |
||
| Ä 10120213 / M3 12 Aug 2015 |
Ruling to eliminate deficiencies | 11 Sep 2015 | Deficiencies eliminated 14 Aug 2015 |
|
| K 10120213 / 14 12 Nov 2014 |
Commercial pledge amended | In force 12 Nov 2014 |
||
| K 10120213 / 13 12 Nov 2014 |
Commercial pledge deleted | In force 12 Nov 2014 |
||
| Ä 10120213 / 12 9 Jul 2013 |
Amendment entry | In force 9 Jul 2013 |
||
| Ä 10120213 / 11 21 Sep 2012 |
Amendment entry | In force 21 Sep 2012 |
||
| Ä 10120213 / 10 8 Feb 2012 |
Amendment entry | In force 8 Feb 2012 |
||
| Ä 10120213 / M2 27 Jan 2012 |
Ruling to eliminate deficiencies | In force 27 Jan 2012 |
||
| Ä 10120213 / 9 12 Aug 2011 |
Amendment entry | In force 12 Aug 2011 |
||
| Ä 10120213 / 8 28 Dec 2010 |
Amendment entry | In force 28 Dec 2010 |
||
| Ä 10120213 / 7 17 Jun 2010 |
Amendment entry | In force 17 Jun 2010 |
||
| Ä 10120213 / 6 9 Mar 2010 |
Second (constitutive) merger entry | In force 9 Mar 2010 |
||
| Ä 120213 / M1 4 Jan 2010 |
Ruling to be served | 4 Feb 2010 | Deficiencies eliminated 5 Mar 2010 |
|
| Ä 120213 / 5 10 Aug 2009 |
Amendment entry | In force 10 Aug 2009 |
||
| Ä 120213 / 4 28 Jul 2009 |
Note on registration of shares in the Estonian central register of securities | In force 28 Jul 2009 |
||
| Ä 120213 / 3 13 Nov 2008 |
Amendment entry | In force 13 Nov 2008 |
||
| K 120226 / 7 6 Oct 2008 |
Commercial pledge entered | In force 6 Oct 2008 |
||
| Ä 120213 / 2 1 Aug 2008 |
Third (informative) division entry | In force 1 Aug 2008 |
||
| Ä 120213 1 Aug 2008 |
First (declaratory) division entry | In force 1 Aug 2008 |
||
| K 120226 / 6 1 Aug 2008 |
Commercial pledge entered | In force 1 Aug 2008 |
||
| K 120226 / 5 1 Aug 2008 |
Commercial pledge entered | In force 1 Aug 2008 |
||
| K 120226 / 4 1 Aug 2008 |
Commercial pledge entered | In force 1 Aug 2008 |
||
| K 120226 / 3 1 Aug 2008 |
Commercial pledge entered | In force 1 Aug 2008 |
||
| K 120226 / 2 1 Aug 2008 |
Commercial pledge entered | In force 1 Aug 2008 |
||
| K 120226 1 Aug 2008 |
Commercial pledge entered | In force 1 Aug 2008 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data