Meritus Kinnisvara OÜ
Meritus Kinnisvara OÜ is a OÜ based in Tartu linn, registry code 12627603, status: active. Main activity: Construction of residential and non-residential buildings. Its annual report for 2024 shows revenue of €477 601 and 2 employees.
Q2 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Revenue · 2024 477 601 €above 89% of companiesindustry median 37 693 € · companies in the industry: 7 372
- Net profit margin · 2024 4.3 %above 55% of companiesindustry median 2.8 % · companies in the industry: 5 756
Taxes and turnover
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q2 2026 | — | — | — | 1 |
| Q1 2026 | 113 248 | 328 | — | 1 |
| Q4 2025 | 73 797 | 2 267 | 1 684 | 2 |
| Q3 2025 | 74 109 | 3 930 | 1 403 | 2 |
| Q2 2025 | 175 902 | 6 784 | 2 286 | 2 |
| Q1 2025 | 134 108 | 2 942 | 2 982 | 2 |
| Q4 2024 | 316 426 | 5 647 | 4 191 | 3 |
| Q3 2024 | 87 961 | 7 835 | 2 708 | 3 |
| Q2 2024 | 19 797 | 1 136 | 1 312 | 2 |
| Q1 2024 | 46 621 | 2 476 | 2 137 | 2 |
| Q4 2023 | 29 390 | 2 183 | 1 453 | 2 |
| Q3 2023 | 74 443 | 6 007 | 3 021 | 2 |
| Q2 2023 | 15 813 | 1 525 | 1 734 | 2 |
| Q1 2023 | 34 099 | 3 195 | 1 590 | 2 |
| Q4 2022 | 24 066 | 2 888 | 2 555 | 2 |
| Q3 2022 | 30 859 | 5 293 | 2 493 | 3 |
| Q2 2022 | 41 703 | 1 719 | 2 434 | 2 |
| Q1 2022 | — | 1 334 | 1 502 | 3 |
Financials by year
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (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 |
|---|---|---|---|---|---|---|
| 2024 | 477 601 | 20 582 | 30 253 | 293 458 | 132 483 | 2 |
| 2023 | 166 426 | 3 942 | 26 809 | 190 977 | 111 901 | 2 |
| 2022 | 131 365 | 9 965 | 28 524 | 130 652 | 107 960 | 2 |
| 2021 | 56 468 | 21 568 | 14 059 | 106 988 | 97 995 | 2 |
| 2020 | 67 214 | 28 911 | 8 675 | 84 358 | 76 427 | 1 |
| 2019 | 39 766 | 9 772 | 6 940 | 54 667 | 47 515 | 1 |
| 2018 | — | — | — | — | — | 0 |
| 2017 | — | — | — | — | — | 0 |
| 2015 | — | — | — | — | — | 0 |
| 2014 | — | — | — | — | — | 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 2024
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 14 Oct 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 17 Jul 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 26 Sep 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 27 Sep 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 11 Oct 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 18 May 2020 | Company’s own | e-Äriregister |
Board
- Martin MerbachBoard member · since 12 Mar 2014
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Martin MerbachNatural person · 2 500 €
Beneficial owners
- Martin MerbachDirect ownership · since 6 Sep 2018
Founders and other persons
- Martin MerbachFounder · 2 500 € · 12 Mar 2014
Related companies
Activities (EMTAK)
- 41001Construction of residential and non-residential buildings Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20066999 / 11 17 Mar 2026 |
Amendment entry | In force 17 Mar 2026 |
||
| Ä 20066999 / 10 9 Feb 2026 |
Amendment entry | In force 9 Feb 2026 |
||
| Ä 20066999 / 9 5 Nov 2025 |
Amendment entry | In force 5 Nov 2025 |
||
| Ä 20066999 / M9 10 Jul 2024 |
Warning of a fine: annual report not filed | 9 Aug 2024 | Deficiencies eliminated 19 Jul 2024 |
|
| Ä 20066999 / 8 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 20066999 / 7 1 Sep 2022 |
Amendment entry | In force 1 Sep 2022 |
||
| Ä 20066999 / 6 16 Aug 2022 |
Amendment entry | In force 16 Aug 2022 |
||
| Ä 20066999 / 5 24 Jan 2019 |
Amendment entry | In force 24 Jan 2019 |
||
| Ä 20066999 / 4 19 Jan 2018 |
Amendment entry | In force 19 Jan 2018 |
||
| Ä 20066999 / 3 14 Nov 2017 |
Amendment entry | In force 14 Nov 2017 |
||
| Ä 20066999 / M8 8 Nov 2017 |
Ruling to eliminate deficiencies | 28 Nov 2017 | Deficiencies eliminated 14 Nov 2017 |
|
| Ä 20066999 / M7 8 Mar 2017 |
Public service of a ruling in Ametlikud Teadaanded | In force 8 Mar 2017 |
||
| Ä 20066999 / M6 9 Feb 2017 |
Fine for not filing the report | 8 Apr 2017 | In force 10 Apr 2017 |
|
| Ä 20066999 / M5 12 Jan 2017 |
Public service of a ruling in Ametlikud Teadaanded | In force 12 Jan 2017 |
||
| Ä 20066999 / M4 8 Dec 2016 |
Warning of a fine: deficiencies in the annual report | 7 Jan 2017 | In force 8 Dec 2016 |
|
| Ä 20066999 / M3 8 Dec 2016 |
Ruling annulling a ruling | In force 8 Dec 2016 |
||
| Ä 20066999 / M1 6 Sep 2016 |
Procedural ruling | 6 Oct 2016 | In force 6 Sep 2016 |
|
| Ä 20066999 / 2 25 Feb 2015 |
Amendment under Commercial Code § 525 (2) | In force 25 Feb 2015 |
||
| Ä 20066999 12 Mar 2014 |
First entry | In force 12 Mar 2014 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data