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ARMAGEST OÜ

Legal form:

Private limited company

Registry code:

12339620

VAT no.:

EE101605498

Fiscal-year period:

01.01 - 31.12

Established:

06.09.2012 (13)

Former business names:

Meroving OÜ, Meroving UÜ, Projektikertus OÜ

Capital:

2 508 EUR

Address:

Sombre tee 2, Suurupi küla, Harku vald, Harju maakond, 76907

Status:

Registered

Contacts

Email:

info.armagest@gmail.com

Industries

CONSTRUCTION
41001 - Construction of residential and non-residential buildings

VAT liability

	Start	End
EE101605498	09.04.2018
EE101605498	21.01.2013	14.12.2013

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	13.05.2026	Valid
2024	01.01.2024 - 31.12.2024	31.05.2025	Valid
2023	01.01.2023 - 31.12.2023	13.06.2024	Valid
2022	01.01.2022 - 31.12.2022	17.07.2023	Valid
2021	01.01.2021 - 31.12.2021	27.06.2022	Valid
2020	01.01.2020 - 31.12.2020	09.04.2021	Valid
2019	01.01.2019 - 31.12.2019	09.04.2021	Valid
2018	01.01.2018 - 31.12.2018	05.07.2019	Valid
2017	01.01.2017 - 31.12.2017	26.06.2018	Valid
2016	01.01.2016 - 31.12.2016	22.11.2017	Valid
2015	01.01.2015 - 31.12.2015	21.01.2016	Valid
2014	01.01.2014 - 31.12.2014	19.01.2016	Valid
2013	01.01.2013 - 31.12.2013	02.10.2014	Valid
2012	06.09.2012 - 31.12.2012	30.09.2014	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 22.07.2026.

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	5 868 €	4 452 €	148 905 €50.3%	3
2026 Q1	1 058 €	3 258 €	99 095 €22.7%	3
Kokku 2026:	6 926 €	7 710 €	248 000 €
2025 Q4	3 915 €	4 349 €	128 252 €29.2%	3
2025 Q3	3 253 €	3 625 €	181 160 €45.4%	3
2025 Q2	2 608 €	2 915 €	124 625 €20.0%	3
2025 Q1	3 985 €	4 370 €	103 848 €34.5%	3
Kokku 2025:	13 761 €	15 259 €	537 885 €26.7%
2024 Q4	4 693 €	5 085 €	158 588 €54.9%	2
2024 Q3	2 603 €	2 833 €	102 354 €20.3%	3
2024 Q2	3 701 €	4 013 €	85 075 €8.3%	3
2024 Q1	4 560 €	4 932 €	78 562 €4.9%	3
Kokku 2024:	15 557 €	16 863 €	424 579 €13.2%
2023 Q4	4 962 €	5 362 €	82 649 €26.9%	3
2023 Q3	6 599 €	7 152 €	113 100 €23.7%	4
2023 Q2	7 687 €	8 365 €	148 225 €2.1%	6
2023 Q1	7 856 €	8 486 €	145 166 €37.0%	7
Kokku 2023:	27 104 €	29 365 €	489 140 €29.4%
2022 Q4	6 229 €	6 761 €	230 277 €53.0%	9
2022 Q3	6 552 €	6 810 €	150 477 €11.1%	7
2022 Q2	6 618 €	7 221 €	135 493 €23.1%	8
2022 Q1	12 080 €	12 999 €	176 153 €25.6%	12
Kokku 2022:	31 479 €	33 791 €	692 399 €5.5%
2021 Q4	12 024 €	12 996 €	236 736 €63.1%	15
2021 Q3	7 742 €	8 690 €	145 163 €10.8%	13
2021 Q2	8 143 €	9 136 €	162 815 €45.7%	8
2021 Q1	8 019 €	9 028 €	111 738 €32.7%	11
Kokku 2021:	35 929 €	39 849 €	656 451 €264.4%
2020 Q4	7 724 €	8 671 €	166 129 €	14
2020 Q3	7 084 €	7 943 €	0 €100.0%	21
2020 Q2	9 137 €	10 248 €	13 993 €	17
2020 Q1	1 592 €	8 167 €	0 €100.0%	20
Kokku 2020:	25 538 €	35 029 €	180 122 €264.3%
2019 Q4	8 440 €	8 729 €	1 215 €	15
2019 Q3	6 966 €	7 223 €	0 €100.0%	17
2019 Q2	8 131 €	9 190 €	48 229 €	10
2019 Q1	6 625 €	7 353 €	0 €100.0%	11
Kokku 2019:	30 162 €	32 495 €	49 444 €25.5%
2018 Q4	4 817 €	4 637 €	23 750 €41.5%	9
2018 Q3	2 798 €	3 124 €	40 633 €1 931.7%	3
2018 Q2	0 €	0 €	2 000 €	2
2018 Q1	0 €	0 €	0 €	0
Kokku 2018:	7 615 €	7 761 €	66 383 €
2017 Q4	0 €	0 €	0 €	0
2017 Q3	0 €	0 €	0 €	0
2017 Q2	0 €	0 €	0 €	0
2017 Q1	0 €	0 €	0 €100.0%	0
Kokku 2017:	0 €	0 €	0 €100.0%
2016 Q4	267 €	284 €	5 000 €	1
Kokku 2016:	267 €	284 €	5 000 €
2015 Q4	0 €	0 €	0 €	0
2015 Q3	0 €	0 €	0 €	0
2015 Q2	0 €	0 €	0 €	0
2015 Q1	0 €	0 €	0 €	0
Kokku 2015:	0 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Construction of residential and non-residential buildings	469 855 €	441 565 €	532 991 €

Tax debts

No tax debt found

No tax debt as of 22.07.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Aleksandr Arula	38206XXXXXX	29.06.1982 (44)	Board member	16.02.2024	-

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1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Aleksandr Arula	38206XXXXXX	29.06.1982 (44)	Shareholder	2 508,00 EUR	100	Sole ownership	16.02.2024	-

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1 - 1 / 1 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Aleksandr Arula	38206XXXXXX	29.06.1982 (44)	Direct holding	25.08.2023	-

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount

148 905 €

Monthly average

49 635 €

Per employee

16 545 €

Equity ratio

1 979,07%

Labour taxes

Turnover ratio

2,99%

Tax ratio

75,87%

Monthly average

1 484 €

Per employee

495 €

State taxes

Monthly average

1 956 €

Turnover ratio

3,94%

Estimated salary

Gross salary

1 075 €

Net salary

944 €

Aggregate data

	2025	2024	2023	2022	2021	2020	2019
Current assets	55 595 €38.6%	90 569 €55.0%	201 053 €9.3%	184 027 €27.5%	144 326 €31.5%	109 748 €23.0%	142 540 €
Non-current assets	98 991 €6.8%	106 248 €6.4%	113 535 €6.1%	120 889 €0.8%	121 818 €3.0%	125 544 €146.4%	50 954 €
Total assets	154 586 €21.5%	196 817 €37.4%	314 588 €3.2%	304 916 €14.6%	266 144 €13.1%	235 292 €21.6%	193 494 €
Short-term liabilities	47 773 €57.1%	111 450 €87.2%	59 535 €57.4%	37 831 €41.2%	64 336 €7.6%	59 811 €11.8%	53 491 €
Long-term liabilities	-	-	-	21 656 €13.8%	25 124 €12.0%	28 558 €	-
Total liabilities	47 773 €57.1%	111 450 €87.2%	59 535 €0.1%	59 487 €33.5%	89 460 €1.2%	88 369 €65.2%	53 491 €
Share or stock capital	2 508 €	2 508 €	2 508 €	2 508 €	2 508 €	2 508 €	2 508 €
Retained earnings	82 860 €67.2%	252 437 €3.9%	242 921 €39.5%	174 176 €20.6%	144 414 €5.0%	137 495 €101.9%	68 102 €
Net profit	21 445 €112.6%	-169 578 €1 862.0%	9 624 €86.0%	68 745 €131.0%	29 762 €330.1%	6 920 €90.0%	69 393 €
Equity	106 813 €25.1%	85 367 €66.5%	255 053 €3.9%	245 429 €38.9%	176 684 €20.3%	146 923 €4.9%	140 003 €
Turnover	532 991 €20.7%	441 565 €6.0%	469 855 €33.1%	701 827 €10.5%	635 237 €13.3%	733 062 €33.1%	550 902 €
Profit margin	4.02%110.5%	-38.40%1 974.9%	2.05%79.1%	9.80%109.1%	4.69%396.3%	0.94%92.5%	12.60%

Financial ratios

	2025	2024	2023	2022	2021
Profit and cash flow
EBITDA	HC UYX	-FGJ PGU	LG MSH	76 080	37 191
Liquidity
Current ratio	A.I	E.Y	C.A	4.9	2.2
Quick ratio	S.R	S.K	Y.C	4.9	1.3
Cash ratio	R.S	B.H	Z.F	0.1	0.0
Efficiency
Days sales outstanding (dso)	QW.P	SD.D	NZT.N	69.1	39.3
Asset turnover	W.Z	F.L	E.Z	2.5	2.5
Structure
Debt ratio	Q.L	X.T	C.F	0.2	0.3
Profitability
Operating margin	K.L%	-DU.Y%	Q.E%	9.8%	4.8%
Net profit margin	C.G%	-XD.G%	T.I%	9.8%	4.7%
Return on assets (roa)	NU.L%	-GR.F%	X.N%	24.1%	11.9%
Return on equity (roe)	JQ.K%	-GOC.O%	R.C%	28.0%	16.8%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Regulation no.	Date	Type	Status
Ä 10173279 / 12	16.02.2024	Entry - Amendment entry	Entered into force (16.02.2024)
Ä 10173279 / 11	15.02.2024	Entry - Amendment entry	Entered into force (15.02.2024)
Ä 10173279 / 10	01.09.2023	Entry - Amendment entry	Entered into force (01.09.2023)
Ä 10173279 / 9	11.08.2021	Entry - Amendment entry	Entered into force (11.08.2021)
Ä 10173279 / 8	01.10.2018	Entry - Amendment entry	Entered into force (01.10.2018)

ARMAGEST OÜ

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