Mertino OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Not submitted
2024	01.01.2024 – 31.12.2024	12.12.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	30.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	13.11.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	06.09.2022	Valid	PDF
2020	20.02.2020 – 31.12.2020	19.10.2021	Valid	PDF

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No unsubmitted declarations as of 20.10.2026.

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Tax debt Reports1 Declarations Court decisions–Official announcements1 TTJA decisions–Real estate1 .ee domains–Licenses–Regulations3 Public transactions–Grants–State aid–Public procurement–Holdings in companies7 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	21 560 €	0 €	90 003 €+5,7%	-
2026 Q2	20 439 €	0 €	85 164 €+1,0%	-
2026 Q1	19 434 €	0 €	84 337 €+2,0%	-
Total 2026:	61 433 €	0 €	259 504 €
2025 Q4	19 857 €	0 €	82 684 €	-
2025 Q3	18 995 €	0 €	82 684 €−4,8%	-
2025 Q2	18 929 €	0 €	86 884 €+2,7%	-
2025 Q1	19 288 €	0 €	84 611 €−3,2%	-
Total 2025:	77 069 €	0 €	336 863 €
2024 Q4	19 550 €	0 €	87 376 €+8,8%	-
2024 Q3	17 661 €	0 €	80 276 €+11,5%	-
2024 Q2	16 288 €	0 €	72 001 €−24,8%	-
2024 Q1	20 089 €	0 €	95 685 €+10,2%	-
Total 2024:	73 588 €	0 €	335 338 €
2023 Q4	17 393 €	0 €	86 853 €+13,6%	-
2023 Q3	15 293 €	0 €	76 453 €	-
2023 Q2	15 291 €	0 €	76 453 €+1,6%	-
2023 Q1	15 456 €	0 €	75 239 €+3,3%	-
Total 2023:	63 433 €	0 €	314 998 €
2022 Q4	13 874 €	0 €	72 812 €	-
2022 Q3	10 422 €	0 €	72 812 €	-
2022 Q2	11 674 €	0 €	72 812 €+1,6%	-
2022 Q1	12 679 €	0 €	71 657 €+3,3%	-
Total 2022:	48 649 €	0 €	290 093 €
2021 Q4	13 899,57 €	0 €	69 345 €	-
2021 Q3	13 869 €	0 €	69 345 €	-
2021 Q2	13 110,40 €	0 €	69 345 €+1,0%	-
2021 Q1	12 029,23 €	0 €	68 670 €+2,0%	-
Total 2021:	52 908,20 €	0 €	276 705 €
2020 Q4	12 738,42 €	0 €	67 320 €	-
2020 Q3	13 464 €	0 €	67 320 €	-
2020 Q2	-	-	-	-
Total 2020:	26 202,42 €	0 €	134 640 €

Revenue by industry

	2022	2023	2024
Renting and operating of own or leased real estate	291 249 €	317 411 €	334 657 €

Tax debts

No tax debt found

No tax debt as of 09.10.2026

Representatives

	Personal ID code
Karol Kõrm	37904XXXXXX	13.04.1979 (47)	Board member	20.02.2020	-
Mart Kangur	37808XXXXXX	01.08.1978 (48)	Board member	20.02.2020	-

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Shareholders

	Personal ID code
MKV Invest OÜ	11391274	31.05.2007 (19)	Shareholder	1 650 EUR	66,00%	Sole ownership	16.08.2023	-
Sontana OÜ	14887662	14.01.2020 (6)	Shareholder	850 EUR	34,00%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Ivi Kärt	46205XXXXXX	27.05.1962 (64)	Audit firm	14.09.2021	-
Audiitorbüroo Rostok & Kärt OÜ	12492511	18.06.2013 (13)	Audit firm	14.09.2021	-
MKV Invest OÜ	11391274	31.05.2007 (19)	Founder	20.02.2020	-
Sontana OÜ	14887662	14.01.2020 (6)	Founder	20.02.2020	-

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Ultimate beneficial owners

	Personal ID code
Karol Kõrm	37904XXXXXX	13.04.1979 (47)	Indirect holding	20.02.2020	-
Mart Kangur	37808XXXXXX	01.08.1978 (48)	Indirect holding	20.02.2020	-
Meret Kõrm	48202XXXXXX	07.02.1982 (44)	Indirect holding	20.02.2020	-

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Holdings in companies


Drivex Invest OÜ	16.02.2022	Shareholder	247 EUR	2,47%	Sole ownership	13.03.2022	-
HexTech Solutions OÜ	08.07.2024	Shareholder	3,41 EUR	1,37%	Sole ownership	20.01.2026	-
Fairmus Technologies OÜ	07.12.2020	Shareholder	74 EUR	0,74%	Sole ownership	30.03.2022	-
HotelBuddy Technology OÜ	08.04.2021	Shareholder	16,79 EUR	0,59%	Sole ownership	23.02.2024	-
Minudoc OÜ	20.12.2018	Shareholder	14,13 EUR	0,29%	Sole ownership	30.10.2025	-

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2026 Q3

Turnover

Amount: 90 003 €
Monthly average: 30 001 €
Per employee: -
Equity ratio: 1 200,04%

Labour taxes

Turnover ratio: 0,00%
Tax ratio: 0,00%
Monthly average: 0 €
Per employee: -

State taxes

Monthly average: 7 187 €
Turnover ratio: 23,95%

Estimated salary

Gross salary: -
Net salary: -

Aggregate data

	2024	2023	2022	2021	2020
Current assets	686 769 €+1 025%	61 051 €+564%	9 192 €−82,0%	50 962 €+2,1%	49 922 €
Non-current assets	2 846 703 €−17,2%	3 436 196 €−1,2%	3 477 814 €+22,4%	2 841 004 €−1,5%	2 885 581 €
Total assets	3 533 472 €+1,0%	3 497 247 €+0,3%	3 487 006 €+20,6%	2 891 966 €−1,5%	2 935 503 €
Short-term liabilities	3 070 483 €+21,9%	2 519 141 €+1 942%	123 392 €−2,6%	126 712 €−11,1%	142 583 €
Long-term liabilities	51 364 €−92,2%	658 460 €−78,9%	3 125 623 €+19,2%	2 621 756 €−3,9%	2 727 842 €
Total liabilities	3 121 847 €−1,8%	3 177 601 €−2,2%	3 249 015 €+18,2%	2 748 468 €−4,2%	2 870 425 €
Share or stock capital	-	-	-	-	-
Retained earnings	307 146 €+30,4%	235 491 €+67,0%	140 998 €+125%	62 578 €+125%	27 839 €
Net profit	101 979 €+24,9%	81 655 €−13,6%	94 493 €+20,5%	78 420 €+126%	34 739 €
Equity	411 625 €+28,8%	319 646 €+34,3%	237 991 €+65,8%	143 498 €+121%	65 078 €
Turnover	334 657 €+5,4%	317 411 €+9,0%	291 249 €+5,0%	277 380 €+22,8%	225 800 €
Profit margin	30,5%	25,7%	32,4%	28,3%	15,4%

Financial ratios

	2021	2020
Profit and cash flow
EBITDA	274 084 €	201 065 €
Liquidity
Current ratio	0,4	0,4
Quick ratio	0,4	0,4
Cash ratio	0,0	0,0
Efficiency
Days sales outstanding (dso)	62,8	76,1
Asset turnover	0,1	0,1
Structure
Debt ratio	1,0	1,0
Profitability
Operating margin	77,8%	67,5%
Net profit margin	28,3%	15,4%
Return on assets (roa)	2,7%	1,2%
Return on equity (roe)	54,6%	53,4%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50140470 / 3	06.06.2020	Entry – Amendment entry	-	Entered into force06.06.2020
Ä 50140470 / 2	13.05.2020	Entry – Second, constitutive merger entry (on acquiring entity’s registry card)	-	Entered into force13.05.2020
Ä 50140470	20.02.2020	Entry – Initial entry	-	Entered into force20.02.2020

Real estate

		Purpose
Loomäe tee 11, Lehmja küla, Rae vald, Harju maakond	12 801 m²	Industrial land 75%, Commercial land 25%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

No court decisions found

The company has no court decisions

Official announcements


Notice of company merger	14.05.2020	PDF

Public transactions

No public transactions found

Company has no public transactions

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains

No domains found

Company has no valid .ee domains

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.