MercEst Development OÜ

Active Registry code 12777509 OÜ Tallinn Registered 6 Jan 2015
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MercEst Development OÜ is a OÜ based in Tallinn, registry code 12777509, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €30 520 with 1 employees.

Turnover
30 520 €
↓ 2.9% vs Q2 2026
State taxes
8 566 €
↓ 10.4% vs Q2 2026
Labour taxes
2 619 €
↑ 0.0% vs Q2 2026
Employees
1
±0 vs Q2 2026

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

Position in the industry Computer programming, consultancy and related activities · EMTAK 62

  • Turnover · Q3 2026 30 520 €
    industry median 19 089 € · companies in the industry: 7 346
  • Labour taxes per employee 2 619 €
    industry median 2 345 € · companies in the industry: 2 783
  • Revenue · 2025 89 730 €
    industry median 14 304 € · companies in the industry: 13 343
  • Net profit margin · 2025 33.3 %
    industry median 15.1 % · companies in the industry: 8 946

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 30 520 € · −2.9% vs Q2 2026 · industry median 19 089 € · above 63% of the industry
010 00020 00030 00040 000Q4 2023 Company: 300 € Industry median: 20 651 €Q4·23Q1 2024 Company: 2 040 € Industry median: 20 682 €Q2 2024 Company: 660 € Industry median: 20 457 €Q2·24Q3 2024 Company: 0 € Industry median: 19 800 €Q4 2024 Company: 7 200 € Industry median: 20 474 €Q4·24Q1 2025 Company: 15 570 € Industry median: 20 692 €Q2 2025 Company: 21 960 € Industry median: 21 050 €Q2·25Q3 2025 Company: 22 680 € Industry median: 20 336 €Q4 2025 Company: 23 400 € Industry median: 21 190 €Q4·25Q1 2026 Company: 22 230 € Industry median: 20 657 €Q2 2026 Company: 31 445 € Industry median: 20 000 €Q2·26Q3 2026 Company: 30 520 € Industry median: 19 089 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 7 200 € Industry median: 20 474 €Q1 2025 Company: 15 570 € Industry median: 20 692 €Q1·25Q2 2025 Company: 21 960 € Industry median: 21 050 €Q3 2025 Company: 22 680 € Industry median: 20 336 €Q3·25Q4 2025 Company: 23 400 € Industry median: 21 190 €Q1 2026 Company: 22 230 € Industry median: 20 657 €Q1·26Q2 2026 Company: 31 445 € Industry median: 20 000 €Q3 2026 Company: 30 520 € Industry median: 19 089 €Q3·26
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 619 € · +0.0% vs Q2 2026 · industry median 2 345 € · above 53% of the industry
01 0002 0003 000Q4 2023 Company: — Industry median: 2 316 €Q4·23Q1 2024 Company: — Industry median: 2 529 €Q2 2024 Company: — Industry median: 2 514 €Q2·24Q3 2024 Company: — Industry median: 2 481 €Q4 2024 Company: 0 € Industry median: 2 431 €Q4·24Q1 2025 Company: 1 985 € Industry median: 2 523 €Q2 2025 Company: 2 937 € Industry median: 2 506 €Q2·25Q3 2025 Company: 2 937 € Industry median: 2 577 €Q4 2025 Company: 2 937 € Industry median: 2 632 €Q4·25Q1 2026 Company: 2 725 € Industry median: 2 408 €Q2 2026 Company: 2 619 € Industry median: 2 335 €Q2·26Q3 2026 Company: 2 619 € Industry median: 2 345 €Q3·2601 0002 0003 000Q4 2024 Company: 0 € Industry median: 2 431 €Q1 2025 Company: 1 985 € Industry median: 2 523 €Q1·25Q2 2025 Company: 2 937 € Industry median: 2 506 €Q3 2025 Company: 2 937 € Industry median: 2 577 €Q3·25Q4 2025 Company: 2 937 € Industry median: 2 632 €Q1 2026 Company: 2 725 € Industry median: 2 408 €Q1·26Q2 2026 Company: 2 619 € Industry median: 2 335 €Q3 2026 Company: 2 619 € Industry median: 2 345 €Q3·26
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0.00.20.40.60.81.0Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 2024 Company: —Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 8 566 € · −10.4% vs Q2 2026
02 0004 0006 0008 00010 000Q4 2023 Company: —Q4·23Q1 2024 Company: 425 €Q2 2024 Company: —Q2·24Q3 2024 Company: —Q4 2024 Company: 1 181 €Q4·24Q1 2025 Company: 3 945 €Q2 2025 Company: 7 397 €Q2·25Q3 2025 Company: 7 524 €Q4 2025 Company: 8 187 €Q4·25Q1 2026 Company: 7 638 €Q2 2026 Company: 9 556 €Q2·26Q3 2026 Company: 8 566 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 1 181 €Q1 2025 Company: 3 945 €Q1·25Q2 2025 Company: 7 397 €Q3 2025 Company: 7 524 €Q3·25Q4 2025 Company: 8 187 €Q1 2026 Company: 7 638 €Q1·26Q2 2026 Company: 9 556 €Q3 2026 Company: 8 566 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 30 520 8 566 2 619 1
Q2 2026 31 445 9 556 2 619 1
Q1 2026 22 230 7 638 2 725 1
Q4 2025 23 400 8 187 2 937 1
Q3 2025 22 680 7 524 2 937 1
Q2 2025 21 960 7 397 2 937 1
Q1 2025 15 570 3 945 1 985 1
Q4 2024 7 200 1 181 — 1
Q3 2024 — — — —
Q2 2024 660 — — —
Q1 2024 2 040 425 — —
Q4 2023 300 — — —
Q3 2023 — — — —
Q2 2023 480 57 — —
Q1 2023 — — — —
Q4 2022 8 860 1 538 — —
Q3 2022 12 398 2 226 — —
Q2 2022 10 343 1 540 — —
Q1 2022 12 873 1 867 — —
Labour taxes per employee per month
873 €
Turnover per employee in the quarter
30 520 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € 2025: 89 730 € · +717.2% vs 2024 · industry median 14 304 € · above 76% of the industry
020 00040 00060 00080 000100 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 700 € Industry median: 11 128 €20192020 Company: 9 360 € Industry median: 11 075 €20202021 Company: 41 322 € Industry median: 13 105 €20212022 Company: 37 848 € Industry median: 15 000 €20222023 Company: 780 € Industry median: 15 498 €20232024 Company: 10 980 € Industry median: 13 766 €20242025 Company: 89 730 € Industry median: 14 304 €2025020 00040 00060 00080 000100 0002018 Company: — Industry median: —2019 Company: 2 700 € Industry median: 11 128 €20192020 Company: 9 360 € Industry median: 11 075 €2021 Company: 41 322 € Industry median: 13 105 €20212022 Company: 37 848 € Industry median: 15 000 €2023 Company: 780 € Industry median: 15 498 €20232024 Company: 10 980 € Industry median: 13 766 €2025 Company: 89 730 € Industry median: 14 304 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 29 858 € · +231.7% vs 2024 · industry median 105 € · above 83% of the industry
-40 000-20 000020 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -7 638 € Industry median: 618 €20192020 Company: 4 622 € Industry median: 616 €20202021 Company: 27 676 € Industry median: 827 €20212022 Company: 14 951 € Industry median: 298 €20222023 Company: -21 009 € Industry median: 383 €20232024 Company: -22 666 € Industry median: 248 €20242025 Company: 29 858 € Industry median: 105 €2025-40 000-20 000020 00040 0002018 Company: — Industry median: —2019 Company: -7 638 € Industry median: 618 €20192020 Company: 4 622 € Industry median: 616 €2021 Company: 27 676 € Industry median: 827 €20212022 Company: 14 951 € Industry median: 298 €2023 Company: -21 009 € Industry median: 383 €20232024 Company: -22 666 € Industry median: 248 €2025 Company: 29 858 € Industry median: 105 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 33.3 % · +239.7 pp vs the year before · industry median 15.1 % · above 65% of the industry
-300-200-10001002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -282.9 % Industry median: 21.0 %20192020 Company: 49.4 % Industry median: 22.4 %20202021 Company: 67.0 % Industry median: 23.6 %20212022 Company: 39.5 % Industry median: 19.1 %20222023 Company: — Industry median: 17.7 %20232024 Company: -206.4 % Industry median: 16.2 %20242025 Company: 33.3 % Industry median: 15.1 %2025-300-200-10001002018 Company: — Industry median: —2019 Company: -282.9 % Industry median: 21.0 %20192020 Company: 49.4 % Industry median: 22.4 %2021 Company: 67.0 % Industry median: 23.6 %20212022 Company: 39.5 % Industry median: 19.1 %2023 Company: — Industry median: 17.7 %20232024 Company: -206.4 % Industry median: 16.2 %2025 Company: 33.3 % Industry median: 15.1 %2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 104 547 € · +42.3% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 5 830 €20192020 Company: 28 720 €20202021 Company: 71 621 €20212022 Company: 60 297 €20222023 Company: 55 489 €20232024 Company: 73 482 €20242025 Company: 104 547 €202502550751001252018 Company: —2019 Company: 5 830 €20192020 Company: 28 720 €2021 Company: 71 621 €20212022 Company: 60 297 €2023 Company: 55 489 €20232024 Company: 73 482 €2025 Company: 104 547 €2025
Equity, € 2025: 27 785 € · +1 440.3% vs 2024
-10 000010 00020 00030 00040 00050 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: -1 851 €20192020 Company: 2 735 €20202021 Company: 30 411 €20212022 Company: 45 362 €20222023 Company: 24 354 €20232024 Company: -2 073 €20242025 Company: 27 785 €2025-10 000010 00020 00030 00040 00050 0002018 Company: —2019 Company: -1 851 €20192020 Company: 2 735 €2021 Company: 30 411 €20212022 Company: 45 362 €2023 Company: 24 354 €20232024 Company: -2 073 €2025 Company: 27 785 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02016 Company: 1 Industry median: —20162017 Company: 1 Industry median: —20172018 Company: 1 Industry median: 120182019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 120202021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 1 Industry median: 120250.00.20.40.60.81.02018 Company: 1 Industry median: 12019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 12021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 1 Industry median: 12025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related 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 89 730 29 858 28 950 104 547 27 785 1
2024 10 980 -22 666 2 408 73 482 -2 073 1
2023 780 -21 009 0 55 489 24 354 1
2022 37 848 14 951 0 60 297 45 362 1
2021 41 322 27 676 0 71 621 30 411 1
2020 9 360 4 622 701 28 720 2 735 1
2019 2 700 -7 638 8 328 5 830 -1 851 1
2018 — — — — — 1
2017 — — — — — 1
2016 — — — — — 1
2015 — — — — — 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
33.3 %
Net profit / revenue
Return on equity (ROE)
107.5 %
Net profit / equity
Return on assets (ROA)
28.6 %
Net profit / assets
Equity ratio
26.6 %
Equity / assets
Debt ratio
73.4 %
Liabilities / assets
Current ratio
1.09
Current assets / current liabilities
Revenue per employee
89 730 €
Revenue / average full-time employees
Labour cost per employee per month
2 413 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 29 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 26 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 28 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 7 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 8 Jun 2020 Company’s own e-Äriregister

Board

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

  • Ivar Volt
    Natural person · 2 500 €

Beneficial owners

  • Ivar Volt
    Over 50% of voting rights in the consolidated entity · since 8 Sep 2018

Founders and other persons

  • Ivar Volt
    Founder · 2 500 € · 3 Jan 2015
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 62101Computer programming activities Main
Rulings
Number, date Title Deadline State Document
Ä 50000073 / 6
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50000073 / 5
20 Jan 2018
Amendment entry In force
20 Jan 2018
PDF
Ä 50000073 / 4
9 Dec 2017
Amendment entry In force
9 Dec 2017
PDF
Ä 50000073 / 3
19 Dec 2016
Amendment entry In force
19 Dec 2016
PDF
Ä 50000073 / M2
15 Dec 2016
Ruling to eliminate deficiencies 14 Jan 2017 Deficiencies eliminated
19 Dec 2016
PDF
Ä 50000073 / 2
11 Jun 2015
Amendment entry In force
11 Jun 2015
PDF
Ä 50000073
6 Jan 2015
First entry In force
6 Jan 2015
PDF
Ä 50000073 / M1
5 Jan 2015
Ruling to eliminate deficiencies 4 Feb 2015 Deficiencies eliminated
5 Jan 2015
PDF

Sources: e-Äriregister and EMTA. Data updated 28 Oct 2026. Open at the source ↗ · Report an error in the data