Morvelton Osaühing is a OÜ based in Märjamaa alev, registry code 11659564, status: active. Main activity: Support services to forestry. According to EMTA, turnover for Q3 2026 was €62 565 with 2 employees.
Turnover
62 565 €
↓ 11.6%vs Q2 2026
State taxes
9 667 €
↓ 42.2%vs Q2 2026
Labour taxes
4 438 €
↑ 0.0%vs Q2 2026
Employees
2
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Forestry and logging · EMTAK 02
Turnover · Q3 202662 565 €
above 78% of companies
industry median 14 400 € · companies in the industry: 1 834
Labour taxes per employee2 219 €
above 77% of companies
industry median 1 226 € · companies in the industry: 1 276
Revenue · 2025285 599 €
above 86% of companies
industry median 29 224 € · companies in the industry: 2 730
Net profit margin · 20256.7 %
above 54% of companies
industry median 4.9 % · companies in the industry: 2 137
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 62 565 € · −11.6% vs Q2 2026 · industry median 14 400 € · above 78% of the industry
Company
Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 2 219 € · +0.0% vs Q2 2026 · industry median 1 226 € · above 77% of the industry
Company
Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 2 · +0.0% vs Q2 2026State taxes, € Q3 2026: 9 667 € · −42.2% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
62 565
9 667
4 438
2
Q2 2026
70 764
16 719
4 438
2
Q1 2026
89 725
11 879
4 368
2
Q4 2025
90 904
15 831
4 332
2
Q3 2025
71 753
9 445
3 720
2
Q2 2025
58 483
10 148
4 043
2
Q1 2025
71 321
10 016
4 061
2
Q4 2024
92 294
12 367
4 006
2
Q3 2024
73 327
8 186
3 509
2
Q2 2024
71 838
7 539
4 039
2
Q1 2024
131 904
11 292
4 006
2
Q4 2023
110 183
11 772
4 436
1
Q3 2023
72 277
7 216
4 039
2
Q2 2023
101 235
9 317
3 866
2
Q1 2023
77 176
9 373
3 940
2
Q4 2022
144 685
16 199
4 294
2
Q3 2022
63 819
3 492
3 564
2
Q2 2022
94 798
9 499
3 640
2
Q1 2022
51 174
—
3 558
2
Labour taxes per employee per month
740 €
Turnover per employee in the quarter
31 283 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 285 599 € · −14.6% vs 2024 · industry median 29 224 € · above 86% of the industry
Company
Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 19 249 € · +243.6% vs 2024 · industry median 275 € · above 81% of the industry
Company
Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 6.7 % · +10.7 pp vs the year before · industry median 4.9 % · above 54% of the industry
Company
Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 178 676 € · +11.4% vs 2024Equity, € 2025: 95 210 € · +25.3% vs 2024Employees2025: 3 · +0.0% vs 2024 · industry median 1 · above 75% of the industry
Company
Industry median
Industry: Forestry and logging (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
285 599
19 249
45 154
178 676
95 210
3
2024
334 242
-13 401
43 964
160 332
75 961
3
2023
327 311
3 255
46 614
231 256
89 362
3
2022
338 595
3 008
44 805
235 482
86 107
3
2021
293 255
-1 420
44 100
172 983
83 099
3
2020
306 936
3 770
40 838
220 026
84 519
3
2019
212 130
2 241
24 422
115 129
80 749
3
2018
—
—
—
—
—
3
2017
—
—
—
—
—
3
2016
—
—
—
—
—
3
2015
—
—
—
—
—
3
2014
—
—
—
—
—
3
2013
—
—
—
—
—
3
2012
—
—
—
—
—
2
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
6.7 %
Net profit / revenue
Return on equity (ROE)
20.2 %
Net profit / equity
Return on assets (ROA)
10.8 %
Net profit / assets
Equity ratio
53.3 %
Equity / assets
Debt ratio
46.7 %
Liabilities / assets
Current ratio
1.04
Current assets / current liabilities
Revenue per employee
95 764 €
Revenue / average full-time employees
Labour cost per employee per month
1 254 €
Labour costs / employees / 12 months (incl. employer taxes)
