OÜ Merreks is a OÜ based in Tartu linn, registry code 12991131, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €1 435 086 with 3 employees.
Turnover
1 435 086 €
↑ 29.0%vs Q2 2026
State taxes
0 €
Labour taxes
15 083 €
↑ 48.0%vs Q2 2026
Employees
3
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Construction of residential and non-residential buildings · EMTAK 41
Turnover · Q3 20261.4 mn €
above 98% of companies
industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee5 028 €
above 98% of companies
industry median 1 211 € · companies in the industry: 4 133
Revenue · 20252.5 mn €
above 98% of companies
industry median 38 239 € · companies in the industry: 6 999
Net profit margin · 20257.7 %
above 61% of companies
industry median 3.5 % · companies in the industry: 5 561
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 435 086 € · +29.0% vs Q2 2026 · industry median 25 252 € · above 98% of the industry
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.
Labour taxes per employee, € Q3 2026: 5 028 € · +48.0% vs Q2 2026 · industry median 1 211 € · above 98% of the industry
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.
Revenue, € thousand 2025: 2 483 944 € · +51.7% vs 2024 · industry median 38 239 € · above 98% of the industry
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.
Net profit, € thousand 2025: 191 091 € · +34.9% vs 2024 · industry median 411 € · above 98% of the industry
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.
Net profit margin, % 2025: 7.7 % · −1.0 pp vs the year before · industry median 3.5 % · above 61% of the industry
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.
Assets, € thousand 2025: 541 347 € · +47.1% vs 2024Equity, € thousand 2025: 417 218 € · +47.4% vs 2024Employees2025: 2 · +0.0% vs 2024 · industry median 2 · above 50% of the industry
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.
Financials by year
Year
Revenue, €
Net profit, €
Labour costs, €
Assets, €
Equity, €
Employees
2025
2 483 944
191 091
88 835
541 347
417 218
2
2024
1 637 512
141 645
54 389
367 916
283 049
2
2023
1 655 559
70 763
64 618
295 574
214 997
3
2022
1 530 933
175 790
183 158
260 178
191 746
8
2021
1 073 880
57 408
333 929
182 962
121 547
10
2020
769 706
59 514
305 733
177 712
100 701
9
2019
651 208
60 708
279 192
145 758
82 369
9
2018
—
—
—
—
—
12
2017
—
—
—
—
—
2
2016
—
—
—
—
—
3
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
7.7 %
Net profit / revenue
Return on equity (ROE)
45.8 %
Net profit / equity
Return on assets (ROA)
35.3 %
Net profit / assets
Equity ratio
77.1 %
Equity / assets
Debt ratio
22.9 %
Liabilities / assets
Current ratio
10.26
Current assets / current liabilities
Revenue per employee
1 241 972 €
Revenue / average full-time employees
Labour cost per employee per month
3 701 €
Labour costs / employees / 12 months (incl. employer taxes)
