OÜ Merko Kodud

Active Registry code 16796573 OÜ Tallinn Registered 14 Aug 2023
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OÜ Merko Kodud is a OÜ based in Tallinn, registry code 16796573, status: active. Main activity: Buying and selling of own real estate. According to EMTA, turnover for Q3 2026 was €5 973 247 with 15 employees.

Turnover
5 973 247 €
↓ 48.2% vs Q2 2026
State taxes
0 €
↓ 100.0% vs Q2 2026
Labour taxes
124 502 €
↓ 59.7% vs Q2 2026
Employees
15
±0 vs Q2 2026

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

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 6 mn €
    industry median 15 030 € · companies in the industry: 7 443
  • Labour taxes per employee 8 300 €
    industry median 857 € · companies in the industry: 7 261
  • Revenue · 2025 33.1 mn €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 12.9 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 5 973 247 € · −48.2% vs Q2 2026 · industry median 15 030 € · above 98% of the industry
02 5005 0007 50010 00012 500Q4 2023 Company: 0 € Industry median: 14 897 €Q4·23Q1 2024 Company: 5 213 738 € Industry median: 15 027 €Q2 2024 Company: 7 792 343 € Industry median: 14 064 €Q2·24Q3 2024 Company: 6 335 700 € Industry median: 14 462 €Q4 2024 Company: 5 534 948 € Industry median: 14 610 €Q4·24Q1 2025 Company: 9 758 713 € Industry median: 14 672 €Q2 2025 Company: 9 324 880 € Industry median: 14 301 €Q2·25Q3 2025 Company: 7 676 987 € Industry median: 14 273 €Q4 2025 Company: 5 717 443 € Industry median: 14 464 €Q4·25Q1 2026 Company: 5 985 754 € Industry median: 14 759 €Q2 2026 Company: 11 524 561 € Industry median: 14 595 €Q2·26Q3 2026 Company: 5 973 247 € Industry median: 15 030 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 5 534 948 € Industry median: 14 610 €Q1 2025 Company: 9 758 713 € Industry median: 14 672 €Q1·25Q2 2025 Company: 9 324 880 € Industry median: 14 301 €Q3 2025 Company: 7 676 987 € Industry median: 14 273 €Q3·25Q4 2025 Company: 5 717 443 € Industry median: 14 464 €Q1 2026 Company: 5 985 754 € Industry median: 14 759 €Q1·26Q2 2026 Company: 11 524 561 € Industry median: 14 595 €Q3 2026 Company: 5 973 247 € 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.

Labour taxes per employee, € Q3 2026: 8 300 € · −59.7% vs Q2 2026 · industry median 857 € · above 98% of the industry
010 00020 00030 000Q4 2023 Company: — Industry median: 671 €Q4·23Q1 2024 Company: 2 780 € Industry median: 694 €Q2 2024 Company: 27 091 € Industry median: 712 €Q2·24Q3 2024 Company: 11 771 € Industry median: 728 €Q4 2024 Company: 6 556 € Industry median: 727 €Q4·24Q1 2025 Company: 8 742 € Industry median: 780 €Q2 2025 Company: 21 080 € Industry median: 771 €Q2·25Q3 2025 Company: 9 844 € Industry median: 812 €Q4 2025 Company: 5 417 € Industry median: 812 €Q4·25Q1 2026 Company: 7 198 € Industry median: 818 €Q2 2026 Company: 20 600 € Industry median: 828 €Q2·26Q3 2026 Company: 8 300 € Industry median: 857 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 6 556 € Industry median: 727 €Q1 2025 Company: 8 742 € Industry median: 780 €Q1·25Q2 2025 Company: 21 080 € Industry median: 771 €Q3 2025 Company: 9 844 € Industry median: 812 €Q3·25Q4 2025 Company: 5 417 € Industry median: 812 €Q1 2026 Company: 7 198 € Industry median: 818 €Q1·26Q2 2026 Company: 20 600 € Industry median: 828 €Q3 2026 Company: 8 300 € Industry median: 857 €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.

Employees Q3 2026: 15 · +0.0% vs Q2 2026
05101520Q4 2023 Company: 15Q4·23Q1 2024 Company: 14Q2 2024 Company: 14Q2·24Q3 2024 Company: 13Q4 2024 Company: 15Q4·24Q1 2025 Company: 16Q2 2025 Company: 14Q2·25Q3 2025 Company: 14Q4 2025 Company: 19Q4·25Q1 2026 Company: 19Q2 2026 Company: 15Q2·26Q3 2026 Company: 15Q3·2605101520Q4 2024 Company: 15Q1 2025 Company: 16Q1·25Q2 2025 Company: 14Q3 2025 Company: 14Q3·25Q4 2025 Company: 19Q1 2026 Company: 19Q1·26Q2 2026 Company: 15Q3 2026 Company: 15Q3·26
State taxes, € thousand Q3 2026: 0 € · −100.0% vs Q2 2026
05001 0001 500Q4 2023 Company: —Q4·23Q1 2024 Company: 181 671 €Q2 2024 Company: 562 280 €Q2·24Q3 2024 Company: 165 043 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 1 375 994 €Q2 2025 Company: 1 257 513 €Q2·25Q3 2025 Company: 406 491 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 226 967 €Q2 2026 Company: 1 191 629 €Q2·26Q3 2026 Company: 0 €Q3·2605001 0001 500Q4 2024 Company: 0 €Q1 2025 Company: 1 375 994 €Q1·25Q2 2025 Company: 1 257 513 €Q3 2025 Company: 406 491 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 226 967 €Q1·26Q2 2026 Company: 1 191 629 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 5 973 247 — 124 502 15
Q2 2026 11 524 561 1 191 629 308 994 15
Q1 2026 5 985 754 226 967 136 768 19
Q4 2025 5 717 443 — 102 923 19
Q3 2025 7 676 987 406 491 137 818 14
Q2 2025 9 324 880 1 257 513 295 124 14
Q1 2025 9 758 713 1 375 994 139 874 16
Q4 2024 5 534 948 — 98 338 15
Q3 2024 6 335 700 165 043 153 021 13
Q2 2024 7 792 343 562 280 379 274 14
Q1 2024 5 213 738 181 671 38 923 14
Q4 2023 — — — 15
Q3 2023 — — — 15
Q2 2023 — — — 15
Q1 2023 — — — 15
Q4 2022 — — — 15
Q3 2022 — — — 15
Q2 2022 — — — 15
Q1 2022 — — — 15
Labour taxes per employee per month
2 767 €
Turnover per employee in the quarter
398 216 €

Q3 2026 · calculated from EMTA data

Financials by year

2024 – 2025
Revenue, € thousand 2025: 33 098 105 € · +33.3% vs 2024 · industry median 13 620 € · above 98% of the industry
010 00020 00030 00040 0002024 Company: 24 831 999 € Industry median: 12 853 €20242025 Company: 33 098 105 € Industry median: 13 620 €2025010 00020 00030 00040 0002024 Company: 24 831 999 € Industry median: 12 853 €2025 Company: 33 098 105 € 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: 4 256 408 € · +148.0% vs 2024 · industry median 283 € · above 98% of the industry
01 0002 0003 0004 0005 0002024 Company: 1 715 950 € Industry median: 256 €20242025 Company: 4 256 408 € Industry median: 283 €202501 0002 0003 0004 0005 0002024 Company: 1 715 950 € Industry median: 256 €2025 Company: 4 256 408 € 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: 12.9 % · +5.9 pp vs the year before · industry median 5.9 % · above 58% of the industry
0510152024 Company: 6.9 % Industry median: 5.9 %20242025 Company: 12.9 % Industry median: 5.9 %20250510152024 Company: 6.9 % Industry median: 5.9 %2025 Company: 12.9 % 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: 99 582 582 € · +4.2% vs 2024
020 00040 00060 00080 000100 0002024 Company: 95 558 485 €20242025 Company: 99 582 582 €2025020 00040 00060 00080 000100 0002024 Company: 95 558 485 €2025 Company: 99 582 582 €2025
Equity, € thousand 2025: 55 999 533 € · +8.2% vs 2024
020 00040 00060 0002024 Company: 51 743 125 €20242025 Company: 55 999 533 €2025020 00040 00060 0002024 Company: 51 743 125 €2025 Company: 55 999 533 €2025
Employees 2025: 17 · +0.0% vs 2024 · industry median 1 · above 98% of the industry
051015202024 Company: 17 Industry median: 120242025 Company: 17 Industry median: 12025051015202024 Company: 17 Industry median: 12025 Company: 17 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 33 098 105 4 256 408 1 514 651 99 582 582 55 999 533 17
2024 24 831 999 1 715 950 2 156 532 95 558 485 51 743 125 17

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
12.9 %
Net profit / revenue
Return on equity (ROE)
7.6 %
Net profit / equity
Return on assets (ROA)
4.3 %
Net profit / assets
Equity ratio
56.2 %
Equity / assets
Debt ratio
43.8 %
Liabilities / assets
Current ratio
4.90
Current assets / current liabilities
Revenue per employee
1 946 947 €
Revenue / average full-time employees
Labour cost per employee per month
7 425 €
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 27 May 2026 Company’s own · audited e-Äriregister
2024 14 Aug 2023 – 31 Dec 2024 15 May 2025 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

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68111Buying and selling of own real estate Main
Rulings
Number, date Title Deadline State Document
Ä 50234768 / 7
29 Feb 2024
Third (informative) division entry In force
29 Feb 2024
PDF
Ä 50234768 / 6
29 Feb 2024
First (declaratory) division entry In force
29 Feb 2024
PDF
Ä 50234768 / 5
9 Feb 2024
Amendment entry In force
9 Feb 2024
PDF
Ä 50234768 / 4
16 Jan 2024
Amendment entry In force
16 Jan 2024
PDF
Ä 50234768 / 3
12 Jan 2024
Amendment entry In force
12 Jan 2024
PDF
Ä 50234768 / 2
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50234768
14 Aug 2023
First entry In force
14 Aug 2023
PDF

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