Mere Ehitus OÜ

Active Registry code 14389987 OÜ Tartu linn Registered 14 Dec 2017
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Mere Ehitus OÜ is a OÜ based in Tartu linn, registry code 14389987, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €0 with employees.

Turnover
0 €
↓ 100.0% vs Q2 2026
State taxes
0 €
Labour taxes
0 €
Employees
—

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Revenue · 2025 438 144 €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 6.6 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 0 € · −100.0% vs Q2 2026 · industry median 25 252 € · above 2% of the industry
02004006008001 000Q4 2023 Company: 59 787 € Industry median: 26 427 €Q4·23Q1 2024 Company: 896 036 € Industry median: 19 618 €Q2 2024 Company: 425 859 € Industry median: 21 373 €Q2·24Q3 2024 Company: 224 088 € Industry median: 26 160 €Q4 2024 Company: 163 877 € Industry median: 25 496 €Q4·24Q1 2025 Company: 174 681 € Industry median: 19 568 €Q2 2025 Company: 119 678 € Industry median: 22 577 €Q2·25Q3 2025 Company: 60 149 € Industry median: 25 533 €Q4 2025 Company: 127 769 € Industry median: 25 721 €Q4·25Q1 2026 Company: 105 447 € Industry median: 20 483 €Q2 2026 Company: 99 007 € Industry median: 22 672 €Q2·26Q3 2026 Company: 0 € Industry median: 25 252 €Q3·26050100150200Q4 2024 Company: 163 877 € Industry median: 25 496 €Q1 2025 Company: 174 681 € Industry median: 19 568 €Q1·25Q2 2025 Company: 119 678 € Industry median: 22 577 €Q3 2025 Company: 60 149 € Industry median: 25 533 €Q3·25Q4 2025 Company: 127 769 € Industry median: 25 721 €Q1 2026 Company: 105 447 € Industry median: 20 483 €Q1·26Q2 2026 Company: 99 007 € Industry median: 22 672 €Q3 2026 Company: 0 € Industry median: 25 252 €Q3·26
  • 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.

State taxes, € thousand Q3 2026: 0 €
0255075100125Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 114 845 €Q2 2024 Company: 12 626 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 2 417 €Q2 2025 Company: 6 757 €Q2·25Q3 2025 Company: 778 €Q4 2025 Company: 22 611 €Q4·25Q1 2026 Company: 7 208 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 0 €Q3·260510152025Q4 2024 Company: 0 €Q1 2025 Company: 2 417 €Q1·25Q2 2025 Company: 6 757 €Q3 2025 Company: 778 €Q3·25Q4 2025 Company: 22 611 €Q1 2026 Company: 7 208 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — — — —
Q2 2026 99 007 — — —
Q1 2026 105 447 7 208 — —
Q4 2025 127 769 22 611 — —
Q3 2025 60 149 778 — —
Q2 2025 119 678 6 757 — —
Q1 2025 174 681 2 417 — —
Q4 2024 163 877 — — —
Q3 2024 224 088 — — —
Q2 2024 425 859 12 626 — —
Q1 2024 896 036 114 845 — —
Q4 2023 59 787 — 754 —
Q3 2023 41 130 — 2 335 —
Q2 2023 151 790 — — 1
Q1 2023 7 217 — — —
Q4 2022 20 999 — — —
Q3 2022 61 547 — — —
Q2 2022 60 232 12 636 5 860 —
Q1 2022 4 957 8 — —

Financials by year

2018 – 2025
Revenue, € thousand 2025: 438 144 € · −59.7% vs 2024 · industry median 38 239 € · above 88% of the industry
05001 0001 5002 0002018 Company: — Industry median: —20182019 Company: 1 533 807 € Industry median: 38 887 €20192020 Company: 349 997 € Industry median: 35 421 €20202021 Company: 179 445 € Industry median: 38 300 €20212022 Company: 143 205 € Industry median: 39 550 €20222023 Company: 934 109 € Industry median: 37 270 €20232024 Company: 1 086 177 € Industry median: 37 693 €20242025 Company: 438 144 € Industry median: 38 239 €202505001 0001 5002 0002018 Company: — Industry median: —2019 Company: 1 533 807 € Industry median: 38 887 €20192020 Company: 349 997 € Industry median: 35 421 €2021 Company: 179 445 € Industry median: 38 300 €20212022 Company: 143 205 € Industry median: 39 550 €2023 Company: 934 109 € Industry median: 37 270 €20232024 Company: 1 086 177 € Industry median: 37 693 €2025 Company: 438 144 € Industry median: 38 239 €2025
  • 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, € 2025: 28 964 € · −4.6% vs 2024 · industry median 411 € · above 87% of the industry
010 00020 00030 00040 0002018 Company: — Industry median: —20182019 Company: 29 706 € Industry median: 643 €20192020 Company: 4 349 € Industry median: 281 €20202021 Company: 15 504 € Industry median: 315 €20212022 Company: 1 088 € Industry median: 398 €20222023 Company: 7 610 € Industry median: 253 €20232024 Company: 30 360 € Industry median: 108 €20242025 Company: 28 964 € Industry median: 411 €2025010 00020 00030 00040 0002018 Company: — Industry median: —2019 Company: 29 706 € Industry median: 643 €20192020 Company: 4 349 € Industry median: 281 €2021 Company: 15 504 € Industry median: 315 €20212022 Company: 1 088 € Industry median: 398 €2023 Company: 7 610 € Industry median: 253 €20232024 Company: 30 360 € Industry median: 108 €2025 Company: 28 964 € Industry median: 411 €2025
  • 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: 6.6 % · +3.8 pp vs the year before · industry median 3.5 % · above 59% of the industry
02468102018 Company: — Industry median: —20182019 Company: 1.9 % Industry median: 4.5 %20192020 Company: 1.2 % Industry median: 4.0 %20202021 Company: 8.6 % Industry median: 3.8 %20212022 Company: 0.8 % Industry median: 3.9 %20222023 Company: 0.8 % Industry median: 3.9 %20232024 Company: 2.8 % Industry median: 2.8 %20242025 Company: 6.6 % Industry median: 3.5 %202502468102018 Company: — Industry median: —2019 Company: 1.9 % Industry median: 4.5 %20192020 Company: 1.2 % Industry median: 4.0 %2021 Company: 8.6 % Industry median: 3.8 %20212022 Company: 0.8 % Industry median: 3.9 %2023 Company: 0.8 % Industry median: 3.9 %20232024 Company: 2.8 % Industry median: 2.8 %2025 Company: 6.6 % Industry median: 3.5 %2025
  • 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: 623 722 € · −24.1% vs 2024
02004006008001 0002018 Company: —20182019 Company: 186 069 €20192020 Company: 280 202 €20202021 Company: 322 389 €20212022 Company: 566 563 €20222023 Company: 918 566 €20232024 Company: 822 199 €20242025 Company: 623 722 €202502004006008001 0002018 Company: —2019 Company: 186 069 €20192020 Company: 280 202 €2021 Company: 322 389 €20212022 Company: 566 563 €2023 Company: 918 566 €20232024 Company: 822 199 €2025 Company: 623 722 €2025
Equity, € thousand 2025: 213 192 € · +15.7% vs 2024
0501001502002502018 Company: —20182019 Company: 40 317 €20192020 Company: 129 666 €20202021 Company: 145 170 €20212022 Company: 146 259 €20222023 Company: 153 869 €20232024 Company: 184 228 €20242025 Company: 213 192 €20250501001502002502018 Company: —2019 Company: 40 317 €20192020 Company: 129 666 €2021 Company: 145 170 €20212022 Company: 146 259 €2023 Company: 153 869 €20232024 Company: 184 228 €2025 Company: 213 192 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02018 Company: 0 Industry median: 220182019 Company: 1 Industry median: 220192020 Company: 2 Industry median: 220202021 Company: 2 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02018 Company: 0 Industry median: 22019 Company: 1 Industry median: 220192020 Company: 2 Industry median: 22021 Company: 2 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 22025 Company: 0 Industry median: 22025
  • 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 438 144 28 964 0 623 722 213 192 0
2024 1 086 177 30 360 0 822 199 184 228 0
2023 934 109 7 610 7 839 918 566 153 869 0
2022 143 205 1 088 0 566 563 146 259 0
2021 179 445 15 504 12 933 322 389 145 170 2
2020 349 997 4 349 20 268 280 202 129 666 2
2019 1 533 807 29 706 5 031 186 069 40 317 1
2018 — — — — — 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
6.6 %
Net profit / revenue
Return on equity (ROE)
13.6 %
Net profit / equity
Return on assets (ROA)
4.6 %
Net profit / assets
Equity ratio
34.2 %
Equity / assets
Debt ratio
65.8 %
Liabilities / assets
Current ratio
19.41
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 29 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 7 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 12 Jul 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 2 Aug 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 2 Jul 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 5 Oct 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

Beneficial owners

  • Jaan Mugra
    Direct ownership · since 23 Oct 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50072041 / 4
25 Feb 2025
Amendment entry In force
25 Feb 2025
PDF
Ä 50072041 / 3
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50072041 / 2
21 Jan 2018
Amendment entry In force
21 Jan 2018
PDF
Ä 50072041
14 Dec 2017
First entry In force
14 Dec 2017
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data