MERE SY OÜ

Active Registry code 12178045 OÜ Tallinn Registered 18 Oct 2011
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MERE SY OÜ is a OÜ based in Tallinn, registry code 12178045, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €27 816 with employees.

Turnover
27 816 €
↓ 15.3% vs Q2 2026
State taxes
10 €
↑ 25.0% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 27 816 €
    industry median 15 029 € · companies in the industry: 7 444
  • Revenue · 2025 130 452 €
    industry median 13 620 € · companies in the industry: 30 470
  • Net profit margin · 2025 -19.5 %
    industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 27 816 € · −15.3% vs Q2 2026 · industry median 15 029 € · above 63% of the industry
010 00020 00030 00040 00050 000Q4 2023 Company: 39 686 € Industry median: 14 894 €Q4·23Q1 2024 Company: 37 780 € Industry median: 15 029 €Q2 2024 Company: 39 166 € Industry median: 14 045 €Q2·24Q3 2024 Company: 17 741 € Industry median: 14 441 €Q4 2024 Company: 40 713 € Industry median: 14 605 €Q4·24Q1 2025 Company: 43 242 € Industry median: 14 686 €Q2 2025 Company: 39 449 € Industry median: 14 302 €Q2·25Q3 2025 Company: 21 166 € Industry median: 14 276 €Q4 2025 Company: 30 598 € Industry median: 14 465 €Q4·25Q1 2026 Company: 33 742 € Industry median: 14 753 €Q2 2026 Company: 32 823 € Industry median: 14 601 €Q2·26Q3 2026 Company: 27 816 € Industry median: 15 029 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 40 713 € Industry median: 14 605 €Q1 2025 Company: 43 242 € Industry median: 14 686 €Q1·25Q2 2025 Company: 39 449 € Industry median: 14 302 €Q3 2025 Company: 21 166 € Industry median: 14 276 €Q3·25Q4 2025 Company: 30 598 € Industry median: 14 465 €Q1 2026 Company: 33 742 € Industry median: 14 753 €Q1·26Q2 2026 Company: 32 823 € Industry median: 14 601 €Q3 2026 Company: 27 816 € Industry median: 15 029 €Q3·26
  • Company
  • Industry median

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

State taxes, € Q3 2026: 10 € · +25.0% vs Q2 2026
0255075100125Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 2024 Company: 101 €Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: 6 €Q4 2025 Company: 10 €Q4·25Q1 2026 Company: 7 €Q2 2026 Company: 8 €Q2·26Q3 2026 Company: 10 €Q3·260246810Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: 6 €Q3·25Q4 2025 Company: 10 €Q1 2026 Company: 7 €Q1·26Q2 2026 Company: 8 €Q3 2026 Company: 10 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 27 816 10 — —
Q2 2026 32 823 8 — —
Q1 2026 33 742 7 — —
Q4 2025 30 598 10 — —
Q3 2025 21 166 6 — —
Q2 2025 39 449 — — —
Q1 2025 43 242 — — —
Q4 2024 40 713 — — —
Q3 2024 17 741 101 — —
Q2 2024 39 166 — — —
Q1 2024 37 780 — — —
Q4 2023 39 686 — — —
Q3 2023 25 617 47 — —
Q2 2023 44 317 — — —
Q1 2023 56 190 50 — —
Q4 2022 42 232 174 — —
Q3 2022 39 830 57 — —
Q2 2022 35 131 2 — —
Q1 2022 24 792 121 — —

Financials by year

2016 – 2025
Revenue, € thousand 2025: 130 452 € · −5.0% vs 2024 · industry median 13 620 € · above 90% of the industry
0501001502002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 134 297 € Industry median: 10 800 €20192020 Company: 60 657 € Industry median: 10 586 €20202021 Company: 80 087 € Industry median: 11 162 €20212022 Company: 159 360 € Industry median: 11 792 €20222023 Company: 154 411 € Industry median: 12 224 €20232024 Company: 137 303 € Industry median: 12 863 €20242025 Company: 130 452 € Industry median: 13 620 €20250501001502002018 Company: — Industry median: —2019 Company: 134 297 € Industry median: 10 800 €20192020 Company: 60 657 € Industry median: 10 586 €2021 Company: 80 087 € Industry median: 11 162 €20212022 Company: 159 360 € Industry median: 11 792 €2023 Company: 154 411 € Industry median: 12 224 €20232024 Company: 137 303 € Industry median: 12 863 €2025 Company: 130 452 € Industry median: 13 620 €2025
  • Company
  • Industry median

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

Net profit, € 2025: -25 475 € · −5 838.2% vs 2024 · industry median 283 € · above 2% of the industry
-50 000-25 000025 00050 00075 000100 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 216 € Industry median: 205 €20192020 Company: 5 417 € Industry median: 175 €20202021 Company: 76 016 € Industry median: 250 €20212022 Company: 613 € Industry median: 161 €20222023 Company: 508 € Industry median: 154 €20232024 Company: -429 € Industry median: 256 €20242025 Company: -25 475 € Industry median: 283 €2025-50 000-25 000025 00050 00075 000100 0002018 Company: — Industry median: —2019 Company: 1 216 € Industry median: 205 €20192020 Company: 5 417 € Industry median: 175 €2021 Company: 76 016 € Industry median: 250 €20212022 Company: 613 € Industry median: 161 €2023 Company: 508 € Industry median: 154 €20232024 Company: -429 € Industry median: 256 €2025 Company: -25 475 € Industry median: 283 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: -19.5 % · −19.2 pp vs the year before · industry median 5.9 % · above 13% of the industry
-2502550751002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0.9 % Industry median: 5.7 %20192020 Company: 8.9 % Industry median: 5.6 %20202021 Company: 94.9 % Industry median: 7.4 %20212022 Company: 0.4 % Industry median: 5.9 %20222023 Company: 0.3 % Industry median: 5.2 %20232024 Company: -0.3 % Industry median: 5.9 %20242025 Company: -19.5 % Industry median: 5.9 %2025-2502550751002018 Company: — Industry median: —2019 Company: 0.9 % Industry median: 5.7 %20192020 Company: 8.9 % Industry median: 5.6 %2021 Company: 94.9 % Industry median: 7.4 %20212022 Company: 0.4 % Industry median: 5.9 %2023 Company: 0.3 % Industry median: 5.2 %20232024 Company: -0.3 % Industry median: 5.9 %2025 Company: -19.5 % Industry median: 5.9 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 143 353 € · −15.2% vs 2024
0501001502002502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 36 024 €20192020 Company: 115 040 €20202021 Company: 205 068 €20212022 Company: 197 276 €20222023 Company: 191 651 €20232024 Company: 169 144 €20242025 Company: 143 353 €20250501001502002502018 Company: —2019 Company: 36 024 €20192020 Company: 115 040 €2021 Company: 205 068 €20212022 Company: 197 276 €2023 Company: 191 651 €20232024 Company: 169 144 €2025 Company: 143 353 €2025
Equity, € thousand 2025: 137 123 € · −15.7% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 24 657 €20192020 Company: 95 835 €20202021 Company: 171 851 €20212022 Company: 172 465 €20222023 Company: 172 973 €20232024 Company: 162 598 €20242025 Company: 137 123 €20250501001502002018 Company: —2019 Company: 24 657 €20192020 Company: 95 835 €2021 Company: 171 851 €20212022 Company: 172 465 €2023 Company: 172 973 €20232024 Company: 162 598 €2025 Company: 137 123 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Real estate 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
2025 130 452 -25 475 0 143 353 137 123 0
2024 137 303 -429 0 169 144 162 598 0
2023 154 411 508 0 191 651 172 973 0
2022 159 360 613 0 197 276 172 465 0
2021 80 087 76 016 0 205 068 171 851 0
2020 60 657 5 417 0 115 040 95 835 0
2019 134 297 1 216 0 36 024 24 657 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 0
2014 — — — — — 0
2013 — — — — — 0
2012 — — — — — 0
2011 — — — — — 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
-19.5 %
Net profit / revenue
Return on equity (ROE)
-18.6 %
Net profit / equity
Return on assets (ROA)
-17.8 %
Net profit / assets
Equity ratio
95.7 %
Equity / assets
Debt ratio
4.3 %
Liabilities / assets
Current ratio
0.62
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 4 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 3 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 24 Mar 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 29 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 23 Oct 2020 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 27 300 € AS SEB Pank 22 Dec 2011 – in force

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)

  • 68201Rental and operating of own or leased real estate Main
Rulings
Number, date Title Deadline State Document
Ä 10161338 / 6
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10161338 / 5
16 Mar 2021
Amendment entry In force
16 Mar 2021
PDF
Ä 10161338 / 4
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10161338 / 3
2 Dec 2017
Amendment entry In force
2 Dec 2017
PDF
Ä 10161338 / 2
16 Sep 2016
Amendment entry In force
16 Sep 2016
PDF
K 10163435
22 Dec 2011
Commercial pledge entered In force
22 Dec 2011
PDF
K 10163435 / M1
15 Dec 2011
Ruling to eliminate deficiencies In force
15 Dec 2011
PDF
Ä 10161338
18 Oct 2011
First entry In force
18 Oct 2011
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data