MRG System OÜ

Active Registry code 11630253 OÜ Tartu linn Registered 27 Mar 2009
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MRG System OÜ is a OÜ based in Tartu linn, registry code 11630253, status: active. Main activity: Installation, maintenance and repair of heating, ventilation and air conditioning equipment. According to EMTA, turnover for Q3 2026 was €1 491 831 with 16 employees.

Turnover
1 491 831 €
↑ 58.8% vs Q2 2026
State taxes
197 667 €
↑ 204.9% vs Q2 2026
Labour taxes
45 175 €
↑ 6.0% vs Q2 2026
Employees
16
±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 1.5 mn €
    industry median 23 017 € · companies in the industry: 6 974
  • Labour taxes per employee 2 823 €
    industry median 1 236 € · companies in the industry: 5 958
  • Revenue · 2024 3.6 mn €
    industry median 35 363 € · companies in the industry: 10 699
  • Net profit margin · 2024 2.2 %
    industry median 3.4 % · companies in the industry: 8 843

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 491 831 € · +58.8% vs Q2 2026 · industry median 23 017 € · above 98% of the industry
05001 0001 500Q4 2023 Company: 1 097 403 € Industry median: 23 403 €Q4·23Q1 2024 Company: 851 123 € Industry median: 16 922 €Q2 2024 Company: 904 742 € Industry median: 18 660 €Q2·24Q3 2024 Company: 921 188 € Industry median: 21 547 €Q4 2024 Company: 873 446 € Industry median: 23 300 €Q4·24Q1 2025 Company: 914 728 € Industry median: 17 914 €Q2 2025 Company: 998 030 € Industry median: 20 215 €Q2·25Q3 2025 Company: 891 539 € Industry median: 22 700 €Q4 2025 Company: 1 198 490 € Industry median: 23 111 €Q4·25Q1 2026 Company: 964 505 € Industry median: 17 425 €Q2 2026 Company: 939 617 € Industry median: 20 462 €Q2·26Q3 2026 Company: 1 491 831 € Industry median: 23 017 €Q3·2605001 0001 500Q4 2024 Company: 873 446 € Industry median: 23 300 €Q1 2025 Company: 914 728 € Industry median: 17 914 €Q1·25Q2 2025 Company: 998 030 € Industry median: 20 215 €Q3 2025 Company: 891 539 € Industry median: 22 700 €Q3·25Q4 2025 Company: 1 198 490 € Industry median: 23 111 €Q1 2026 Company: 964 505 € Industry median: 17 425 €Q1·26Q2 2026 Company: 939 617 € Industry median: 20 462 €Q3 2026 Company: 1 491 831 € Industry median: 23 017 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 823 € · +6.0% vs Q2 2026 · industry median 1 236 € · above 88% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 063 € Industry median: 1 123 €Q4·23Q1 2024 Company: 3 438 € Industry median: 1 104 €Q2 2024 Company: 3 864 € Industry median: 1 083 €Q2·24Q3 2024 Company: 4 174 € Industry median: 1 141 €Q4 2024 Company: 3 082 € Industry median: 1 178 €Q4·24Q1 2025 Company: 3 128 € Industry median: 1 177 €Q2 2025 Company: 2 796 € Industry median: 1 194 €Q2·25Q3 2025 Company: 3 370 € Industry median: 1 250 €Q4 2025 Company: 3 518 € Industry median: 1 270 €Q4·25Q1 2026 Company: 2 956 € Industry median: 1 202 €Q2 2026 Company: 2 664 € Industry median: 1 197 €Q2·26Q3 2026 Company: 2 823 € Industry median: 1 236 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 082 € Industry median: 1 178 €Q1 2025 Company: 3 128 € Industry median: 1 177 €Q1·25Q2 2025 Company: 2 796 € Industry median: 1 194 €Q3 2025 Company: 3 370 € Industry median: 1 250 €Q3·25Q4 2025 Company: 3 518 € Industry median: 1 270 €Q1 2026 Company: 2 956 € Industry median: 1 202 €Q1·26Q2 2026 Company: 2 664 € Industry median: 1 197 €Q3 2026 Company: 2 823 € Industry median: 1 236 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 16 · +0.0% vs Q2 2026
05101520Q4 2023 Company: 14Q4·23Q1 2024 Company: 14Q2 2024 Company: 12Q2·24Q3 2024 Company: 10Q4 2024 Company: 14Q4·24Q1 2025 Company: 13Q2 2025 Company: 16Q2·25Q3 2025 Company: 16Q4 2025 Company: 15Q4·25Q1 2026 Company: 16Q2 2026 Company: 16Q2·26Q3 2026 Company: 16Q3·2605101520Q4 2024 Company: 14Q1 2025 Company: 13Q1·25Q2 2025 Company: 16Q3 2025 Company: 16Q3·25Q4 2025 Company: 15Q1 2026 Company: 16Q1·26Q2 2026 Company: 16Q3 2026 Company: 16Q3·26
State taxes, € thousand Q3 2026: 197 667 € · +204.9% vs Q2 2026
050100150200Q4 2023 Company: 106 134 €Q4·23Q1 2024 Company: 94 088 €Q2 2024 Company: 73 612 €Q2·24Q3 2024 Company: 70 176 €Q4 2024 Company: 82 990 €Q4·24Q1 2025 Company: 73 049 €Q2 2025 Company: 151 404 €Q2·25Q3 2025 Company: 94 281 €Q4 2025 Company: 145 747 €Q4·25Q1 2026 Company: 83 249 €Q2 2026 Company: 64 828 €Q2·26Q3 2026 Company: 197 667 €Q3·26050100150200Q4 2024 Company: 82 990 €Q1 2025 Company: 73 049 €Q1·25Q2 2025 Company: 151 404 €Q3 2025 Company: 94 281 €Q3·25Q4 2025 Company: 145 747 €Q1 2026 Company: 83 249 €Q1·26Q2 2026 Company: 64 828 €Q3 2026 Company: 197 667 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 491 831 197 667 45 175 16
Q2 2026 939 617 64 828 42 628 16
Q1 2026 964 505 83 249 47 297 16
Q4 2025 1 198 490 145 747 52 773 15
Q3 2025 891 539 94 281 53 920 16
Q2 2025 998 030 151 404 44 728 16
Q1 2025 914 728 73 049 40 665 13
Q4 2024 873 446 82 990 43 144 14
Q3 2024 921 188 70 176 41 740 10
Q2 2024 904 742 73 612 46 367 12
Q1 2024 851 123 94 088 48 125 14
Q4 2023 1 097 403 106 134 42 875 14
Q3 2023 1 050 894 111 708 42 863 13
Q2 2023 903 129 72 824 37 742 14
Q1 2023 815 364 84 286 33 598 13
Q4 2022 927 848 80 449 32 525 16
Q3 2022 735 847 62 817 33 598 14
Q2 2022 714 956 77 227 33 437 15
Q1 2022 702 951 75 948 31 215 15
Labour taxes per employee per month
941 €
Turnover per employee in the quarter
93 239 €

Q3 2026 · calculated from EMTA data

Financials by year

2015 – 2024
Revenue, € thousand 2024: 3 610 762 € · −3.2% vs 2023 · industry median 35 363 € · above 98% of the industry
01 0002 0003 0004 0002015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 943 907 € Industry median: 37 048 €20192020 Company: 2 984 609 € Industry median: 33 938 €20202021 Company: 2 857 677 € Industry median: 35 062 €20212022 Company: 3 008 858 € Industry median: 37 932 €20222023 Company: 3 731 464 € Industry median: 35 930 €20232024 Company: 3 610 762 € Industry median: 35 363 €202401 0002 0003 0004 0002017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 2 943 907 € Industry median: 37 048 €2020 Company: 2 984 609 € Industry median: 33 938 €20202021 Company: 2 857 677 € Industry median: 35 062 €2022 Company: 3 008 858 € Industry median: 37 932 €20222023 Company: 3 731 464 € Industry median: 35 930 €2024 Company: 3 610 762 € Industry median: 35 363 €2024
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2024: 78 679 € · −75.3% vs 2023 · industry median 431 € · above 98% of the industry
01002003004002015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 273 411 € Industry median: 1 029 €20192020 Company: 251 362 € Industry median: 506 €20202021 Company: 26 069 € Industry median: 784 €20212022 Company: 118 059 € Industry median: 822 €20222023 Company: 318 433 € Industry median: 580 €20232024 Company: 78 679 € Industry median: 431 €202401002003004002017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 273 411 € Industry median: 1 029 €2020 Company: 251 362 € Industry median: 506 €20202021 Company: 26 069 € Industry median: 784 €2022 Company: 118 059 € Industry median: 822 €20222023 Company: 318 433 € Industry median: 580 €2024 Company: 78 679 € Industry median: 431 €2024
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2024: 2.2 % · −6.4 pp vs the year before · industry median 3.4 % · above 45% of the industry
02468102015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 9.3 % Industry median: 5.3 %20192020 Company: 8.4 % Industry median: 4.1 %20202021 Company: 0.9 % Industry median: 4.7 %20212022 Company: 3.9 % Industry median: 4.8 %20222023 Company: 8.5 % Industry median: 4.4 %20232024 Company: 2.2 % Industry median: 3.4 %202402468102017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 9.3 % Industry median: 5.3 %2020 Company: 8.4 % Industry median: 4.1 %20202021 Company: 0.9 % Industry median: 4.7 %2022 Company: 3.9 % Industry median: 4.8 %20222023 Company: 8.5 % Industry median: 4.4 %2024 Company: 2.2 % Industry median: 3.4 %2024
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2024: 1 409 515 € · −3.0% vs 2023
05001 0001 5002015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 062 743 €20192020 Company: 1 218 361 €20202021 Company: 1 249 097 €20212022 Company: 1 203 197 €20222023 Company: 1 452 823 €20232024 Company: 1 409 515 €202405001 0001 5002017 Company: —2018 Company: —20182019 Company: 1 062 743 €2020 Company: 1 218 361 €20202021 Company: 1 249 097 €2022 Company: 1 203 197 €20222023 Company: 1 452 823 €2024 Company: 1 409 515 €2024
Equity, € thousand 2024: 1 034 269 € · −7.2% vs 2023
02505007501 0001 2502015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 817 714 €20192020 Company: 1 029 828 €20202021 Company: 959 123 €20212022 Company: 922 753 €20222023 Company: 1 114 409 €20232024 Company: 1 034 269 €202402505007501 0001 2502017 Company: —2018 Company: —20182019 Company: 817 714 €2020 Company: 1 029 828 €20202021 Company: 959 123 €2022 Company: 922 753 €20222023 Company: 1 114 409 €2024 Company: 1 034 269 €2024
Employees 2024: 13 · +0.0% vs 2023 · industry median 1 · above 98% of the industry
0510152015 Company: 5 Industry median: —20152016 Company: 5 Industry median: —20162017 Company: 9 Industry median: —20172018 Company: 12 Industry median: 220182019 Company: 12 Industry median: 220192020 Company: 13 Industry median: 220202021 Company: 15 Industry median: 220212022 Company: 14 Industry median: 220222023 Company: 13 Industry median: 120232024 Company: 13 Industry median: 120240510152017 Company: 9 Industry median: —2018 Company: 12 Industry median: 220182019 Company: 12 Industry median: 22020 Company: 13 Industry median: 220202021 Company: 15 Industry median: 22022 Company: 14 Industry median: 220222023 Company: 13 Industry median: 12024 Company: 13 Industry median: 12024
  • Company
  • Industry median

Industry: Specialised construction activities (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
2024 3 610 762 78 679 411 639 1 409 515 1 034 269 13
2023 3 731 464 318 433 388 184 1 452 823 1 114 409 13
2022 3 008 858 118 059 338 688 1 203 197 922 753 14
2021 2 857 677 26 069 286 847 1 249 097 959 123 15
2020 2 984 609 251 362 237 068 1 218 361 1 029 828 13
2019 2 943 907 273 411 221 421 1 062 743 817 714 12
2018 — — — — — 12
2017 — — — — — 9
2016 — — — — — 5
2015 — — — — — 5
2014 — — — — — 5
2013 — — — — — 4
2012 — — — — — 4
2011 — — — — — 3
2010 — — — — — 2
2009 — — — — — 1

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2024

Net profit margin
2.2 %
Net profit / revenue
Return on equity (ROE)
7.6 %
Net profit / equity
Return on assets (ROA)
5.6 %
Net profit / assets
Equity ratio
73.4 %
Equity / assets
Debt ratio
26.6 %
Liabilities / assets
Current ratio
3.17
Current assets / current liabilities
Revenue per employee
277 751 €
Revenue / average full-time employees
Labour cost per employee per month
2 639 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 13 Oct 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Mar 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 23 Nov 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 27 Mar 2023 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 24 Aug 2022 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 3 Nov 2020 Company’s own · audited 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)

  • 43221Installation, maintenance and repair of heating, ventilation and air conditioning equipment Main
  • 25531Machining of metals
  • 43222Installation, maintenance and repair of plumbing and sanitary equipment
  • 46841Wholesale of plumbing and heating equipment and supplies
Rulings
Number, date Title Deadline State Document
Ä 20044189 / M2
11 Oct 2026
Warning of deletion from the register: annual report not filed 14 Jan 2027 In force
11 Oct 2026
PDF
Ä 20044189 / M1
28 Sep 2023
Warning of deletion from the register: annual report not filed 1 Jan 2024 Deficiencies eliminated
24 Nov 2023
PDF
Ä 20044189 / 7
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 20044189 / 6
29 Jun 2018
Division entry (second, constitutive) In force
29 Jun 2018
PDF
Ä 20044189 / 5
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20044189 / 4
5 Dec 2017
Amendment entry In force
5 Dec 2017
PDF
Ä 20044189 / 3
4 Dec 2017
Amendment entry In force
4 Dec 2017
PDF
Ä 20044189 / 2
27 May 2016
Amendment entry In force
27 May 2016
PDF
Ä 44189
27 Mar 2009
First entry In force
27 Mar 2009
PDF

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