OÜ MERKO KAEVANDUSED

Active Registry code 14872152 OÜ Tallinn Registered 19 Dec 2019
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OÜ MERKO KAEVANDUSED is a OÜ based in Tallinn, registry code 14872152, status: active. Main activity: Operation of gravel and sand pits and mining of clay and kaolin. According to EMTA, turnover for Q3 2026 was €1 351 691 with 6 employees.

Turnover
1 351 691 €
↑ 29.9% vs Q2 2026
State taxes
247 444 €
↑ 19.9% vs Q2 2026
Labour taxes
45 552 €
↓ 23.5% vs Q2 2026
Employees
6
−1 vs Q2 2026

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

Position in the industry Other mining and quarrying · EMTAK 08

  • Turnover · Q3 2026 1.4 mn €
    industry median 121 156 € · companies in the industry: 126
  • Labour taxes per employee 7 592 €
    industry median 3 208 € · companies in the industry: 91
  • Revenue · 2025 2 mn €
    industry median 182 528 € · companies in the industry: 149
  • Net profit margin · 2025 15.2 %
    industry median 8.0 % · companies in the industry: 125

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 351 691 € · +29.9% vs Q2 2026 · industry median 121 156 € · above 82% of the industry
-50005001 0001 500Q4 2023 Company: -10 623 € Industry median: 113 201 €Q4·23Q1 2024 Company: 44 777 € Industry median: 56 244 €Q2 2024 Company: 241 010 € Industry median: 74 593 €Q2·24Q3 2024 Company: 212 131 € Industry median: 125 132 €Q4 2024 Company: 233 482 € Industry median: 98 729 €Q4·24Q1 2025 Company: 167 262 € Industry median: 41 590 €Q2 2025 Company: 313 477 € Industry median: 66 620 €Q2·25Q3 2025 Company: 584 326 € Industry median: 104 328 €Q4 2025 Company: 877 894 € Industry median: 107 966 €Q4·25Q1 2026 Company: 699 729 € Industry median: 67 327 €Q2 2026 Company: 1 040 224 € Industry median: 92 224 €Q2·26Q3 2026 Company: 1 351 691 € Industry median: 121 156 €Q3·2605001 0001 500Q4 2024 Company: 233 482 € Industry median: 98 729 €Q1 2025 Company: 167 262 € Industry median: 41 590 €Q1·25Q2 2025 Company: 313 477 € Industry median: 66 620 €Q3 2025 Company: 584 326 € Industry median: 104 328 €Q3·25Q4 2025 Company: 877 894 € Industry median: 107 966 €Q1 2026 Company: 699 729 € Industry median: 67 327 €Q1·26Q2 2026 Company: 1 040 224 € Industry median: 92 224 €Q3 2026 Company: 1 351 691 € Industry median: 121 156 €Q3·26
  • Company
  • Industry median

Industry: Other mining and quarrying (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 7 592 € · −10.8% vs Q2 2026 · industry median 3 208 € · above 98% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 3 137 € Industry median: 2 777 €Q4·23Q1 2024 Company: 3 192 € Industry median: 2 401 €Q2 2024 Company: 4 425 € Industry median: 2 361 €Q2·24Q3 2024 Company: 3 401 € Industry median: 2 840 €Q4 2024 Company: 3 261 € Industry median: 2 954 €Q4·24Q1 2025 Company: 3 550 € Industry median: 2 733 €Q2 2025 Company: 5 201 € Industry median: 2 586 €Q2·25Q3 2025 Company: 3 798 € Industry median: 3 221 €Q4 2025 Company: 4 180 € Industry median: 3 127 €Q4·25Q1 2026 Company: 5 700 € Industry median: 3 099 €Q2 2026 Company: 8 512 € Industry median: 2 454 €Q2·26Q3 2026 Company: 7 592 € Industry median: 3 208 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 3 261 € Industry median: 2 954 €Q1 2025 Company: 3 550 € Industry median: 2 733 €Q1·25Q2 2025 Company: 5 201 € Industry median: 2 586 €Q3 2025 Company: 3 798 € Industry median: 3 221 €Q3·25Q4 2025 Company: 4 180 € Industry median: 3 127 €Q1 2026 Company: 5 700 € Industry median: 3 099 €Q1·26Q2 2026 Company: 8 512 € Industry median: 2 454 €Q3 2026 Company: 7 592 € Industry median: 3 208 €Q3·26
  • Company
  • Industry median

Industry: Other mining and quarrying (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 6 · −14.3% vs Q2 2026
02468Q4 2023 Company: 7Q4·23Q1 2024 Company: 7Q2 2024 Company: 7Q2·24Q3 2024 Company: 7Q4 2024 Company: 7Q4·24Q1 2025 Company: 7Q2 2025 Company: 7Q2·25Q3 2025 Company: 7Q4 2025 Company: 7Q4·25Q1 2026 Company: 7Q2 2026 Company: 7Q2·26Q3 2026 Company: 6Q3·2602468Q4 2024 Company: 7Q1 2025 Company: 7Q1·25Q2 2025 Company: 7Q3 2025 Company: 7Q3·25Q4 2025 Company: 7Q1 2026 Company: 7Q1·26Q2 2026 Company: 7Q3 2026 Company: 6Q3·26
State taxes, € thousand Q3 2026: 247 444 € · +19.9% vs Q2 2026
050100150200250Q4 2023 Company: 38 551 €Q4·23Q1 2024 Company: 16 735 €Q2 2024 Company: 65 723 €Q2·24Q3 2024 Company: 216 398 €Q4 2024 Company: 43 136 €Q4·24Q1 2025 Company: 23 450 €Q2 2025 Company: 70 173 €Q2·25Q3 2025 Company: 105 174 €Q4 2025 Company: 87 936 €Q4·25Q1 2026 Company: 133 838 €Q2 2026 Company: 206 383 €Q2·26Q3 2026 Company: 247 444 €Q3·26050100150200250Q4 2024 Company: 43 136 €Q1 2025 Company: 23 450 €Q1·25Q2 2025 Company: 70 173 €Q3 2025 Company: 105 174 €Q3·25Q4 2025 Company: 87 936 €Q1 2026 Company: 133 838 €Q1·26Q2 2026 Company: 206 383 €Q3 2026 Company: 247 444 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 351 691 247 444 45 552 6
Q2 2026 1 040 224 206 383 59 582 7
Q1 2026 699 729 133 838 39 898 7
Q4 2025 877 894 87 936 29 263 7
Q3 2025 584 326 105 174 26 585 7
Q2 2025 313 477 70 173 36 404 7
Q1 2025 167 262 23 450 24 853 7
Q4 2024 233 482 43 136 22 826 7
Q3 2024 212 131 216 398 23 804 7
Q2 2024 241 010 65 723 30 976 7
Q1 2024 44 777 16 735 22 343 7
Q4 2023 -10 623 38 551 21 962 7
Q3 2023 259 171 176 693 23 671 7
Q2 2023 561 974 87 781 28 606 8
Q1 2023 171 403 21 998 18 964 6
Q4 2022 207 697 — 16 731 6
Q3 2022 436 509 280 749 23 521 6
Q2 2022 434 631 — 44 445 7
Q1 2022 183 039 293 23 351 5
Labour taxes per employee per month
2 531 €
Turnover per employee in the quarter
225 282 €

Q3 2026 · calculated from EMTA data

Financials by year

2020 – 2025
Revenue, € thousand 2025: 1 987 477 € · +167.6% vs 2024 · industry median 182 528 € · above 81% of the industry
05001 0001 5002 0002 5002020 Company: 2 299 147 € Industry median: 145 287 €20202021 Company: 1 814 866 € Industry median: 161 676 €20212022 Company: 1 177 439 € Industry median: 117 651 €20222023 Company: 816 813 € Industry median: 158 545 €20232024 Company: 742 813 € Industry median: 187 420 €20242025 Company: 1 987 477 € Industry median: 182 528 €202505001 0001 5002 0002 5002020 Company: 2 299 147 € Industry median: 145 287 €2021 Company: 1 814 866 € Industry median: 161 676 €20212022 Company: 1 177 439 € Industry median: 117 651 €2023 Company: 816 813 € Industry median: 158 545 €20232024 Company: 742 813 € Industry median: 187 420 €2025 Company: 1 987 477 € Industry median: 182 528 €2025
  • Company
  • Industry median

Industry: Other mining and quarrying (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 302 693 € · +429.9% vs 2024 · industry median 2 232 € · above 84% of the industry
-400-20002004002020 Company: 298 399 € Industry median: 2 591 €20202021 Company: -15 900 € Industry median: 5 683 €20212022 Company: -187 327 € Industry median: 4 782 €20222023 Company: -229 777 € Industry median: 2 514 €20232024 Company: -91 747 € Industry median: 6 331 €20242025 Company: 302 693 € Industry median: 2 232 €2025-400-20002004002020 Company: 298 399 € Industry median: 2 591 €2021 Company: -15 900 € Industry median: 5 683 €20212022 Company: -187 327 € Industry median: 4 782 €2023 Company: -229 777 € Industry median: 2 514 €20232024 Company: -91 747 € Industry median: 6 331 €2025 Company: 302 693 € Industry median: 2 232 €2025
  • Company
  • Industry median

Industry: Other mining and quarrying (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 15.2 % · +27.6 pp vs the year before · industry median 8.0 % · above 60% of the industry
-30-20-10010202020 Company: 13.0 % Industry median: 7.0 %20202021 Company: -0.9 % Industry median: 9.3 %20212022 Company: -15.9 % Industry median: 10.7 %20222023 Company: -28.1 % Industry median: 11.2 %20232024 Company: -12.4 % Industry median: 8.4 %20242025 Company: 15.2 % Industry median: 8.0 %2025-30-20-10010202020 Company: 13.0 % Industry median: 7.0 %2021 Company: -0.9 % Industry median: 9.3 %20212022 Company: -15.9 % Industry median: 10.7 %2023 Company: -28.1 % Industry median: 11.2 %20232024 Company: -12.4 % Industry median: 8.4 %2025 Company: 15.2 % Industry median: 8.0 %2025
  • Company
  • Industry median

Industry: Other mining and quarrying (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 6 250 468 € · +111.8% vs 2024
02 0004 0006 0008 0002020 Company: 1 050 032 €20202021 Company: 1 204 217 €20212022 Company: 5 488 458 €20222023 Company: 4 116 158 €20232024 Company: 2 951 134 €20242025 Company: 6 250 468 €202502 0004 0006 0008 0002020 Company: 1 050 032 €2021 Company: 1 204 217 €20212022 Company: 5 488 458 €2023 Company: 4 116 158 €20232024 Company: 2 951 134 €2025 Company: 6 250 468 €2025
Equity, € thousand 2025: 2 922 837 € · +11.6% vs 2024
01 0002 0003 0004 0005 0002020 Company: 807 229 €20202021 Company: 791 329 €20212022 Company: 4 762 834 €20222023 Company: 3 755 279 €20232024 Company: 2 620 144 €20242025 Company: 2 922 837 €202501 0002 0003 0004 0005 0002020 Company: 807 229 €2021 Company: 791 329 €20212022 Company: 4 762 834 €2023 Company: 3 755 279 €20232024 Company: 2 620 144 €2025 Company: 2 922 837 €2025
Employees 2025: 5 · +25.0% vs 2024 · industry median 5 · above 50% of the industry
02462020 Company: 3 Industry median: 520202021 Company: 3 Industry median: 5.520212022 Company: 3 Industry median: 520222023 Company: 4 Industry median: 520232024 Company: 4 Industry median: 520242025 Company: 5 Industry median: 5202502462020 Company: 3 Industry median: 52021 Company: 3 Industry median: 5.520212022 Company: 3 Industry median: 52023 Company: 4 Industry median: 520232024 Company: 4 Industry median: 52025 Company: 5 Industry median: 52025
  • Company
  • Industry median

Industry: Other mining and quarrying (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 1 987 477 302 693 301 076 6 250 468 2 922 837 5
2024 742 813 -91 747 240 548 2 951 134 2 620 144 4
2023 816 813 -229 777 239 033 4 116 158 3 755 279 4
2022 1 177 439 -187 327 204 742 5 488 458 4 762 834 3
2021 1 814 866 -15 900 176 327 1 204 217 791 329 3
2020 2 299 147 298 399 186 402 1 050 032 807 229 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
14.8 %
Net profit / revenue
Return on equity (ROE)
10.4 %
Net profit / equity
Return on assets (ROA)
4.8 %
Net profit / assets
Equity ratio
46.8 %
Equity / assets
Debt ratio
53.2 %
Liabilities / assets
Current ratio
0.26
Current assets / current liabilities
Revenue per employee
408 971 €
Revenue / average full-time employees
Labour cost per employee per month
5 018 €
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 22 May 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 15 May 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 22 May 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 19 May 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 4 May 2022 Company’s own · audited e-Äriregister
2020 19 Dec 2019 – 31 Dec 2020 11 May 2021 Company’s own · audited e-Äriregister

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)

  • 08121Operation of gravel and sand pits and mining of clay and kaolin Main
  • 08111Quarrying of ornamental stone, limestone, gypsum, slate and other stone
Rulings
Number, date Title Deadline State Document
Ä 50135592 / 11
11 Jan 2024
Second (constitutive) merger entry In force
11 Jan 2024
PDF
Ä 50135592 / 10
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50135592 / 9
30 Jan 2023
Amendment entry In force
30 Jan 2023
PDF
Ä 50135592 / 8
28 Apr 2022
Second (constitutive) merger entry In force
28 Apr 2022
PDF
Ä 50135592 / 7
12 Aug 2021
Amendment entry In force
12 Aug 2021
PDF
Ä 50135592 / 6
26 May 2021
Amendment entry In force
26 May 2021
PDF
Ä 50135592 / 5
19 Apr 2021
Amendment entry In force
19 Apr 2021
PDF
Ä 50135592 / 4
18 Jun 2020
Third (informative) division entry In force
18 Jun 2020
PDF
Ä 50135592 / 3
18 Jun 2020
First (declaratory) division entry In force
18 Jun 2020
PDF
Ä 50135592 / 2
18 Mar 2020
Amendment entry In force
18 Mar 2020
PDF
Ä 50135592
19 Dec 2019
First entry In force
19 Dec 2019
PDF

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