Mercur KVArendus OÜ

Active Registry code 16345669 OÜ Tartu linn Registered 19 Oct 2021
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Mercur KVArendus OÜ is a OÜ based in Tartu linn, registry code 16345669, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €51 575 with employees.

Turnover
51 575 €
↑ 0.5% vs Q2 2026
State taxes
11 075 €
Labour taxes
0 €
Employees
—

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

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 51 575 €
    industry median 15 030 € · companies in the industry: 7 443
  • Revenue · 2025 81 047 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 97.8 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q3 2022 – Q3 2026
Turnover, € thousand Q3 2026: 51 575 € · +0.5% vs Q2 2026 · industry median 15 030 € · above 73% of the industry
05001 0001 500Q3 2022 Company: 23 130 € Industry median: 15 966 €Q3·22Q4 2022 Company: 1 260 647 € Industry median: 15 030 €Q1 2023 Company: 0 € Industry median: 14 990 €Q1·23Q2 2023 Company: 0 € Industry median: 14 448 €Q3 2023 Company: 0 € Industry median: 14 448 €Q3·23Q4 2023 Company: 0 € Industry median: 14 897 €Q2 2025 Company: 6 142 € Industry median: 14 301 €Q2·25Q3 2025 Company: 19 621 € Industry median: 14 273 €Q4 2025 Company: 44 315 € Industry median: 14 464 €Q4·25Q1 2026 Company: 46 769 € Industry median: 14 759 €Q2 2026 Company: 51 302 € Industry median: 14 595 €Q2·26Q3 2026 Company: 51 575 € Industry median: 15 030 €Q3·260204060Q3 2023 Company: 0 € Industry median: 14 448 €Q4 2023 Company: 0 € Industry median: 14 897 €Q4·23Q2 2025 Company: 6 142 € Industry median: 14 301 €Q3 2025 Company: 19 621 € Industry median: 14 273 €Q3·25Q4 2025 Company: 44 315 € Industry median: 14 464 €Q1 2026 Company: 46 769 € Industry median: 14 759 €Q1·26Q2 2026 Company: 51 302 € Industry median: 14 595 €Q3 2026 Company: 51 575 € Industry median: 15 030 €Q3·26
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € thousand Q3 2026: 11 075 €
050100150200250Q3 2022 Company: 0 €Q3·22Q4 2022 Company: 237 214 €Q1 2023 Company: —Q1·23Q2 2023 Company: —Q3 2023 Company: 0 €Q3·23Q4 2023 Company: —Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 11 075 €Q3·2603581013Q3 2023 Company: 0 €Q4 2023 Company: —Q4·23Q2 2025 Company: 0 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 11 075 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 51 575 11 075 — —
Q2 2026 51 302 — — —
Q1 2026 46 769 — — —
Q4 2025 44 315 — — —
Q3 2025 19 621 — — —
Q2 2025 6 142 — — —
Q4 2023 — — — —
Q3 2023 — — — —
Q2 2023 — — — —
Q1 2023 — — — —
Q4 2022 1 260 647 237 214 — —
Q3 2022 23 130 — — —
Q2 2022 31 992 — — —
Q1 2022 66 414 — — —

Financials by year

2021 – 2025
Revenue, € thousand 2025: 81 047 € · industry median 13 620 € · above 85% of the industry
05001 0001 5002021 Company: 0 € Industry median: 11 162 €20212022 Company: 1 382 183 € Industry median: 11 789 €20222023 Company: 0 € Industry median: 12 224 €20232024 Company: 0 € Industry median: 12 853 €20242025 Company: 81 047 € Industry median: 13 620 €202505001 0001 5002021 Company: 0 € Industry median: 11 162 €20212022 Company: 1 382 183 € Industry median: 11 789 €2023 Company: 0 € Industry median: 12 224 €20232024 Company: 0 € Industry median: 12 853 €2025 Company: 81 047 € Industry median: 13 620 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 79 246 € · industry median 283 € · above 92% of the industry
-500501001502002021 Company: 151 188 € Industry median: 251 €20212022 Company: 82 212 € Industry median: 161 €20222023 Company: -922 € Industry median: 154 €20232024 Company: 0 € Industry median: 256 €20242025 Company: 79 246 € Industry median: 283 €2025-500501001502002021 Company: 151 188 € Industry median: 251 €20212022 Company: 82 212 € Industry median: 161 €2023 Company: -922 € Industry median: 154 €20232024 Company: 0 € Industry median: 256 €2025 Company: 79 246 € Industry median: 283 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 97.8 % · industry median 5.9 % · above 91% of the industry
0204060801002021 Company: — Industry median: 7.4 %20212022 Company: 5.9 % Industry median: 5.9 %20222023 Company: — Industry median: 5.2 %20232024 Company: — Industry median: 5.9 %20242025 Company: 97.8 % Industry median: 5.9 %20250204060801002021 Company: — Industry median: 7.4 %20212022 Company: 5.9 % Industry median: 5.9 %2023 Company: — Industry median: 5.2 %20232024 Company: — Industry median: 5.9 %2025 Company: 97.8 % Industry median: 5.9 %2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 3 732 417 € · +1 221.2% vs 2024
01 0002 0003 0004 0002021 Company: 553 254 €20212022 Company: 391 105 €20222023 Company: 361 801 €20232024 Company: 282 501 €20242025 Company: 3 732 417 €202501 0002 0003 0004 0002021 Company: 553 254 €20212022 Company: 391 105 €2023 Company: 361 801 €20232024 Company: 282 501 €2025 Company: 3 732 417 €2025
Equity, € thousand 2025: 1 314 724 € · +459.5% vs 2024
05001 0001 5002021 Company: 153 688 €20212022 Company: 235 900 €20222023 Company: 234 978 €20232024 Company: 234 978 €20242025 Company: 1 314 724 €202505001 0001 5002021 Company: 153 688 €20212022 Company: 235 900 €2023 Company: 234 978 €20232024 Company: 234 978 €2025 Company: 1 314 724 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Real estate 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 81 047 79 246 0 3 732 417 1 314 724 0
2024 0 0 0 282 501 234 978 0
2023 0 -922 — 361 801 234 978 0
2022 1 382 183 82 212 — 391 105 235 900 0
2021 0 151 188 — 553 254 153 688 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
97.8 %
Net profit / revenue
Return on equity (ROE)
6.0 %
Net profit / equity
Return on assets (ROA)
2.1 %
Net profit / assets
Equity ratio
35.2 %
Equity / assets
Debt ratio
64.8 %
Liabilities / assets
Current ratio
3.83
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 5 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 27 Mar 2026 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 29 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 14 Jun 2023 Company’s own e-Äriregister
2021 19 Oct 2021 – 31 Dec 2021 6 Jun 2022 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

  • Andres Metsmägi
    Member of a senior management body (management or supervisory board) · since 19 Oct 2021
  • Risto Pintmann
    Member of a senior management body (management or supervisory board) · since 19 Oct 2021

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main
Rulings
Number, date Title Deadline State Document
Ä 50186283 / 4
16 Apr 2025
Amendment entry In force
16 Apr 2025
PDF
Ä 50186283 / M1
3 Apr 2025
Procedural ruling 10 Apr 2025 Deficiencies eliminated
3 Apr 2025
PDF
Ä 50186283 / 3
24 Mar 2025
Amendment entry In force
24 Mar 2025
PDF
Ä 50186283 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50186283
19 Oct 2021
First entry In force
19 Oct 2021
PDF

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