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Aktsiaselts Merko Ehitus Eesti

Legal form:

Public limited company

Registry code:

12203636

VAT no.:

EE101503998

Fiscal-year period:

01.01 - 31.12

Established:

09.12.2011 (14)

Capital:

20 100 000 EUR

Address:

Järvevana tee 9g, Kesklinna linnaosa, Tallinn, Harju maakond, 11314

Status:

Registered

Contacts

Email:

merko@merko.ee

Phone:

+372 6805105

Website:

www.merko.ee

Industries

CONSTRUCTION
41001 - Construction of residential and non-residential buildings
Construction of civil engineering projects
Construction of other civil engineering projects
42991 - Construction of other civil engineering projects n.e.c.

VAT liability

	Start	End
EE101503998	27.12.2011

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	27.05.2026	Valid
2024	01.01.2024 - 31.12.2024	15.05.2025	Valid
2023	01.01.2023 - 31.12.2023	28.05.2024	Valid
2022	01.01.2022 - 31.12.2022	19.05.2023	Valid
2021	01.01.2021 - 31.12.2021	03.05.2022	Valid
2020	01.01.2020 - 31.12.2020	14.05.2021	Valid
2019	01.01.2019 - 31.12.2019	30.10.2020	Valid
2018	01.01.2018 - 31.12.2018	30.06.2019	Valid
2017	01.01.2017 - 31.12.2017	30.06.2018	Valid
2016	01.01.2016 - 31.12.2016	30.06.2017	Valid
2015	01.01.2015 - 31.12.2015	04.07.2016	Valid
2014	01.01.2014 - 31.12.2014	30.06.2015	Valid
2013	01.01.2013 - 31.12.2013	16.06.2014	Valid
2012	01.01.2012 - 31.12.2012	26.06.2013	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 21.07.2026.

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Credit rating

Hidden

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020406080100

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Tax debt

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Court decisions

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TTJA decisions

Real estate

.ee domains

Licenses

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570

Public transactions

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✓

Enforcement proceedings

✓

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	4 122 182 €	2 622 765 €	44 297 755 €20.6%	300
2026 Q1	3 692 001 €	2 455 854 €	36 728 888 €1.9%	292
Kokku 2026:	7 814 183 €	5 078 619 €	81 026 643 €
2025 Q4	3 809 816 €	2 496 402 €	37 438 116 €3.6%	285
2025 Q3	5 372 314 €	2 121 452 €	36 154 590 €12.2%	287
2025 Q2	3 922 096 €	3 067 921 €	32 218 791 €21.5%	283
2025 Q1	3 725 571 €	2 661 005 €	41 054 149 €33.3%	285
Kokku 2025:	16 829 797 €	10 346 780 €	146 865 646 €33.9%
2024 Q4	3 073 103 €	1 877 607 €	61 587 863 €8.2%	292
2024 Q3	5 870 998 €	1 902 008 €	67 067 873 €40.2%	292
2024 Q2	5 036 136 €	3 262 973 €	47 849 166 €4.7%	299
2024 Q1	5 366 311 €	2 724 732 €	45 705 446 €33.6%	291
Kokku 2024:	19 346 548 €	9 767 320 €	222 210 348 €23.4%
2023 Q4	6 394 426 €	2 063 569 €	68 878 270 €30.0%	294
2023 Q3	10 161 983 €	2 210 185 €	98 421 153 €40.0%	313
2023 Q2	7 608 734 €	3 018 375 €	70 312 083 €33.6%	324
2023 Q1	4 716 604 €	2 461 067 €	52 619 586 €1.1%	319
Kokku 2023:	28 881 747 €	9 753 195 €	290 231 092 €59.2%
2022 Q4	2 656 753 €	1 866 560 €	52 049 432 €18.5%	321
2022 Q3	3 696 138 €	1 985 237 €	43 914 536 €1.2%	323
2022 Q2	2 847 887 €	3 007 924 €	44 443 954 €6.0%	322
2022 Q1	4 472 798 €	1 998 526 €	41 934 765 €29.2%	314
Kokku 2022:	13 673 577 €	8 858 246 €	182 342 688 €1.0%
2021 Q4	5 664 320 €	1 667 232 €	59 196 888 €47.2%	308
2021 Q3	1 706 382 €	1 602 111 €	40 226 247 €8.7%	310
2021 Q2	4 242 315 €	2 121 999 €	44 075 627 €8.2%	310
2021 Q1	4 829 676 €	1 915 524 €	40 747 906 €17.0%	304
Kokku 2021:	16 442 693 €	7 306 866 €	184 246 668 €33.5%
2020 Q4	5 865 646 €	1 410 035 €	49 121 712 €53.9%	302
2020 Q3	2 830 715 €	1 544 980 €	31 911 065 €57.8%	296
2020 Q2	2 131 884 €	2 252 995 €	20 227 549 €45.0%	291
2020 Q1	4 867 623 €	2 042 119 €	36 790 926 €17.6%	302
Kokku 2020:	15 695 868 €	7 250 128 €	138 051 252 €24.8%
2019 Q4	4 266 992 €	1 623 124 €	44 645 773 €105.3%	302
2019 Q3	1 977 906 €	1 904 026 €	21 750 831 €7.6%	327
2019 Q2	2 329 530 €	2 458 337 €	20 218 736 €15.8%	314
2019 Q1	2 505 808 €	1 870 647 €	24 011 474 €48.5%	318
Kokku 2019:	11 080 236 €	7 856 134 €	110 626 814 €32.2%
2018 Q4	2 275 558 €	1 419 951 €	46 628 110 €5.9%	304
2018 Q3	3 407 720 €	1 370 802 €	49 537 840 €24.8%	308
2018 Q2	4 002 063 €	1 823 253 €	39 703 010 €45.1%	300
2018 Q1	1 748 507 €	1 530 763 €	27 354 443 €24.8%	308
Kokku 2018:	11 433 848 €	6 144 769 €	163 223 403 €10.6%
2017 Q4	2 682 358 €	1 266 463 €	36 361 964 €14.8%	299
2017 Q3	3 215 233 €	1 392 046 €	42 678 152 €27.8%	299
2017 Q2	2 953 773 €	1 897 831 €	33 387 387 €5.0%	314
2017 Q1	3 089 662 €	1 453 881 €	35 157 692 €32.7%	314
Kokku 2017:	11 941 026 €	6 010 221 €	147 585 195 €22.9%
2016 Q4	2 087 261 €	1 409 496 €	26 485 287 €7.0%	320
2016 Q3	4 332 038 €	1 515 412 €	28 475 499 €23.6%	320
2016 Q2	2 372 112 €	1 982 428 €	37 251 026 €33.4%	320
2016 Q1	1 712 005 €	1 485 699 €	27 917 188 €9.8%	320
Kokku 2016:	10 503 416 €	6 393 035 €	120 129 000 €12.9%
2015 Q4	2 154 957 €	1 420 438 €	30 934 932 €1.3%	1
2015 Q3	2 049 693 €	1 402 556 €	30 545 491 €25.9%	1
2015 Q2	2 205 209 €	1 893 024 €	41 227 116 €17.1%	1
2015 Q1	2 191 011 €	1 617 171 €	35 219 462 €	1
Kokku 2015:	8 600 870 €	6 333 189 €	137 927 001 €

Revenue by industry

	2023	2024	2025
Construction of residential and non-residential buildings	216 250 000 €	144 968 000 €	101 630 000 €
Construction of other civil engineering projects n.e.c.	35 547 000 €	46 093 000 €	31 111 000 €

Tax debts

No tax debt found

No tax debt as of 21.07.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Jaan Mäe	36409XXXXXX	26.09.1964 (61)	Board member	03.02.2012	-
Veljo Viitmann	36203XXXXXX	13.03.1962 (64)	Board member	03.02.2012	-

6 inactive record hidden, extended access to the information portal is required to view history!

1 - 2 / 2 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Aktsiaselts MERKO EHITUS	-	01.08.2008 (17)	Shareholder	20 100 000,00 EUR	100	Sole ownership	16.08.2023	-

7 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Martin Rebane	38804XXXXXX	05.04.1988 (38)	Supervisory-board member	09.05.2025	-
Ivo Volkov	37605XXXXXX	13.05.1976 (50)	Supervisory-board member	01.01.2024	-
Tõnu Toomik	36103XXXXXX	08.03.1961 (65)	Supervisory-board member	01.01.2024	-
Urmas Somelar	37105XXXXXX	23.05.1971 (55)	Supervisory-board member	01.06.2023	-
Ago Vilu	36703XXXXXX	31.03.1967 (59)	Audit firm	27.04.2017	-

17 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 6 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Toomas Annus	36010XXXXXX	05.10.1960 (65)	Indirect holding	05.09.2018	-

1 - 1 / 1 rows

Holdings in companies

Company	Registered	Role	Share	%	Type	Start	End
OSAÜHING TÄHELINNA KINNISVARA	12.01.2001	Shareholder	8 000,00 EUR	100	Sole ownership	21.02.2024	-
OÜ MERKO KAEVANDUSED	19.12.2019	Shareholder	3 000,00 EUR	100	Sole ownership	01.09.2023	-
Bauwise OÜ	20.10.2017	Shareholder	157,48 EUR	5,1	Sole ownership	28.09.2023	-

35 inactive record hidden, extended access to the information portal is required to view history!

1 - 3 / 3 rows

2026 Q2

Turnover

Amount

44 297 755 €

Monthly average

14 765 918 €

Per employee

49 220 €

Equity ratio

73,46%

Labour taxes

Turnover ratio

5,92%

Tax ratio

63,63%

Monthly average

874 255 €

Per employee

2 954 €

State taxes

Monthly average

1 374 061 €

Turnover ratio

9,31%

Estimated salary

Gross salary

5 215 €

Net salary

4 024 €

Aggregate data

	2025	2024	2023	2022	2021	2020	2019
Current assets	62 746 000 €16.7%	53 769 000 €60.6%	136 495 008 €5.8%	144 884 992 €39.1%	104 168 000 €2.6%	101 501 000 €	-
Non-current assets	40 458 000 €34.6%	61 862 000 €78.8%	34 604 000 €59.1%	21 749 000 €38.0%	15 759 000 €16.0%	18 763 000 €	-
Total assets	103 204 000 €10.7%	115 631 000 €32.4%	171 099 008 €2.7%	166 634 000 €38.9%	119 927 000 €0.3%	120 264 000 €16.8%	102 943 000 €
Short-term liabilities	44 792 000 €10.9%	50 272 000 €24.0%	66 190 000 €12.1%	75 308 000 €55.6%	48 387 000 €24.6%	38 831 000 €	-
Long-term liabilities	5 475 000 €36.6%	8 642 000 €6.2%	8 135 000 €33.6%	12 254 000 €140.9%	5 087 000 €22.9%	6 602 000 €	-
Total liabilities	50 267 000 €14.7%	58 914 000 €20.7%	74 325 000 €15.1%	87 562 000 €63.7%	53 474 000 €17.7%	45 433 000 €	-
Share or stock capital	20 100 000 €	20 100 000 €	20 100 000 €	20 100 000 €	20 100 000 €	20 100 000 €	-
Retained earnings	23 283 000 €90.0%	12 252 000 €74.7%	48 472 000 €18.3%	40 977 000 €84.3%	22 228 000 €48.0%	42 769 000 €	-
Net profit	9 554 000 €60.8%	24 365 000 €13.6%	28 202 000 €56.7%	17 995 000 €25.4%	24 125 000 €101.7%	11 962 000 €	-
Equity	52 937 000 €6.7%	56 717 000 €41.4%	96 774 000 €22.4%	79 072 000 €19.0%	66 453 000 €11.2%	74 831 000 €	-
Turnover	135 615 008 €29.6%	192 670 000 €23.9%	253 020 000 €42.6%	177 396 000 €2.4%	181 763 008 €1.6%	178 972 000 €41.8%	126 193 000 €
Profit margin	7.04%44.3%	12.65%13.5%	11.15%9.9%	10.14%23.6%	13.27%98.6%	6.68%	0.00%

Financial ratios

	2025	2024	2023	2022	2021
Profit and cash flow
EBITDA	-	-	-	-	-
Liquidity
Current ratio	Y.E	I.E	U.N	1.8	2.1
Quick ratio	Z.N	C.N	V.D	0.4	0.7
Cash ratio	J.K	S.A	T.S	0.0	0.3
Efficiency
Days sales outstanding (dso)	-	-	-	-	-
Asset turnover	-	-	-	-	-
Structure
Debt ratio	Y.Q	H.G	N.G	0.5	0.4
Profitability
Operating margin	-	-	-	-	-
Net profit margin	-	-	-	-	-
Return on assets (roa)	O.P%	O.A%	O.D%	0.0%	0.0%
Return on equity (roe)	O.I%	K.T%	A.J%	0.0%	0.0%

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Licences & notices

Type	Number	Field	Status	Start	End
Notice of economic activity	EEH006006	- > Construction	Valid	21.03.2025	-
Notice of economic activity	EEP002322	- > Design / engineering	Valid	01.10.2024	-
Notice of economic activity	FEH000639	- > Construction and maintenance	Valid	18.08.2023	-
Notice of economic activity	FPR000644	- > Design / engineering	Valid	18.08.2023	-
Notice of economic activity	EEO003455	- > Owner’s supervision	Valid	13.06.2023	-

1 - 5 / 11 rows

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 10163140 / 22	09.12.2024	Entry - Division entry of transferring entity (second, constitutive entry)		Entered into force (09.12.2024)
Ä 10163140 / 21	29.02.2024	Entry - Division entry of transferring entity (second, constitutive entry)		Entered into force (29.02.2024)
Ä 10163140 / 19	12.01.2024	Entry - Amendment entry		Entered into force (12.01.2024)
Ä 10163140 / M18	12.01.2024	Order to remedy deficiencies - Division entry of transferring entity (second, constitutive entry)	12.03.2024	Deficiencies remedied (27.02.2024)
Ä 10163140 / 20	12.01.2024	Entry - Amendment entry		Entered into force (12.01.2024)

1 - 5 / 44 rows

Real estate

Address	Area	Purpose
Kurekivi tee 8, Lehmja küla, Rae vald, Harju maakond	14346 m²	Commercial land 25%, Industrial land 75%
Kuuseheki, Kirdalu küla, Saku vald, Harju maakond	11481 m²	Agricultural land 100%
Väike-Kõrnomaa, Kirdalu küla, Saku vald, Harju maakond	158479 m²	Mining-industry land 95%, Transport land 5%

2 inactive record hidden, extended access to the information portal is required to view history!

1 - 3 / 3 rows

Consumer Disputes Committee decisions

Document no.	Composition	Decision	Date
19-1/24-05111-001	Meelis Pirn	In favour of the consumer	11.07.2024
19-1/22-06316-015	Alar Urm	In favour of the consumer	21.06.2022

1 - 2 / 2 rows

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date
2-23-10259/84	Civil case	Court judgment	Law of obligations	Kai Härmand, Siret Siilbek, Ele Liiv	ECLI:EE:TLRK:2025:2.23.10259.20696	31.10.2025
2-25-8840/6	Civil case	Court ruling (Compromise ruling)	Law of obligations	Karin Sonntak	ECLI:EE:HMK:2025:2.25.8840.18764	09.09.2025
2-20-5239/13	Civil case	Court ruling (Compromise ruling)	Property law	Alan Biin	ECLI:EE:HMK:2023:2.20.5239.11177	19.06.2023
2-20-5208/66	Civil case	Court ruling (Compromise ruling)	Law of obligations	Liis Arrak, Maris Kuurberg, Maarja-Liis Lall	ECLI:EE:TLRK:2023:2.20.5208.5950	17.04.2023
2-20-7325/48	Civil case	Court ruling (Compromise ruling)	Property law	Indrek Soots, Ulvi Loonurm, Krista Kirspuu	ECLI:EE:TLRK:2022:2.20.7325.5698	20.04.2022

1 - 5 / 9 rows

Official announcements

Subject	Date
Notice of granting or refusal of an environmental permit	14.10.2025
Notice of disclosure of the draft environmental permit	26.09.2025
Notice of initiation of proceedings for an environmental permit	21.08.2025
Notice of conclusion of a public limited company division agreement	27.09.2024
Notice of division of a company	25.03.2024

1 - 5 / 45 rows

Public transactions

Date	Party	Amount	Classification
29.06.2026	OÜ Rail Baltic Estonia	108 652.43 € Received	NON-CURRENT ASSETS Rail transport
29.06.2026	OÜ Rail Baltic Estonia	2 143 978.48 € Received	NON-CURRENT ASSETS Rail transport
29.06.2026	OÜ Rail Baltic Estonia	548 252.67 € Received	NON-CURRENT ASSETS Rail transport
29.06.2026	OÜ Rail Baltic Estonia	649 977.25 € Received	NON-CURRENT ASSETS Rail transport
19.06.2026	OÜ Rail Baltic Estonia	277 182.64 € Received	NON-CURRENT ASSETS Rail transport

Aktsiaselts Merko Ehitus Eesti

Contacts

Industries

VAT liability

Annual reports

Unsubmitted declarations

No unsubmitted declarations found

Credit rating

Hidden

Tax data

Revenue by industry

Tax debts

No tax debt found

Representatives

Shareholders

Other persons

Ultimate beneficial owners

Holdings in companies

Holdings in companies

Aggregate data

Financial ratios

Licences & notices

Licences & notices

Regulations

Regulations

Real estate

Real estate

Consumer Disputes Committee decisions

Consumer Disputes Committee decisions

Court decisions

Court decisions

Official announcements

Official announcements

Public transactions

Public transactions

.ee domains

No domains found

Enforcement proceedings

No enforcement proceedings found

Payment orders

No payment orders found