ETENRU
RegisteredHarju County
Registry code
10481733
VAT number
EE100078262
Address
Harju maakond, Tallinn, Põhja-Tallinna linnaosa, Vabriku tn 6, 10411
Registered
31.08.1998 · 28 yrs
Activity
Rental and operating of own or leased real estate 68201
Additional activities
Non-specialised wholesale trade
Capital
100 000 €
Email
m•••@m•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Website
www.merkest.ee from email
Business Register 05.10.2026
Sales revenue375 k €-34%2025 annual report
Profit578 k €2025 annual report
Employees1Tax Board 2026 Q2
Average gross salary929 €estimate, Tax Board 2026 Q2
Labour taxes per quarter1 421 €Tax Board 2026 Q2
Cash25 484 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months394 k €+3%Tax Board, last 4 quarters
State taxes 12 months51 995 €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 127 tuh €
79 k104 k104 k95 k90 k93 k84 k127 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AA
Very good, low risk
85 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 05.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingAA since 26.09.2026
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 3% vs a year earlier
Notification when something changes
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Data

Board and owners

1 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Mihkel Kõrgmaa17 companiesno tax debtPersonal ID ↗07.11.2017
Shareholders 1
Mihkel Kõrgmaa100,0% 100 000 €01.09.2023
Beneficial owners 1
Mihkel Kõrgmaa17 companiesno tax debtdirect holding14.10.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue7,8%
Labour taxes / revenue1,1%
Revenue per employee per month42 424 €
Gross salary (estimate)929 €
Net salary (estimate)852 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q2127 273 €▲ 34%1 421 €9 929 €1
2026 Q183 990 €▼ 20%1 431 €11 478 €1
2025 Q493 220 €▼ 10%1 451 €15 003 €1
2025 Q389 988 €▲ 15%1 451 €15 585 €1
2025 Q295 200 €▲ 10%1 451 €12 750 €1
2025 Q1104 382 €▼ 9%1 768 €11 937 €1
2024 Q4104 015 €▲ 2%1 260 €13 608 €1
2024 Q378 545 €▼ 4%1 260 €12 832 €1
2024 Q286 177 €▼ 4%1 205 €14 924 €1
2024 Q1115 030 €▲ 10%1 095 €14 469 €1
2023 Q4101 819 €▼ 2%1 095 €7 341 €1
2023 Q382 167 €▼ 9%1 095 €5 108 €1
Show full history (18 quarters)
2023 Q289 880 €▲ 7%1 095 €7 852 €1
2023 Q1104 600 €▲ 8%976 €7 721 €1
2022 Q4104 204 €995 €7 428 €1
2022 Q390 330 €995 €8 437 €1
2022 Q283 639 €1 852 €4 466 €1
2022 Q197 257 €1 653 €7 240 €2

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

4 yr
Build report

2025202420222021
Sales revenue375 k €▼ 34%571 k €▲ 47%389 k €▼ 1%391 k €
Profit578 k €▲ into profit-1,5 m €▼ into loss295 k €▲ 65%178 k €
Profit margin153,9%-268,4%75,9%45,6%
Retained earnings1,3 m €▼ 55%2,8 m €▲ 12%2,5 m €▲ 8%2,3 m €
Cash25 484 €▼ 69%82 483 €▲ 354%18 175 €▼ 67%55 644 €
Current assets97 856 €▼ 38%157 k €▲ 124%70 077 €▼ 31%101 k €
Fixed assets2,6 m €▲ 19%2,2 m €▼ 43%3,9 m €▲ 7%3,6 m €
Assets2,7 m €▲ 15%2,4 m €▼ 40%4,0 m €▲ 6%3,8 m €
Current liabilities204 k €▲ 46%139 k €▲ 46%95 625 €▼ 12%108 k €
Long-term liabilities546 k €▼ 34%829 k €▼ 12%941 k €▼ 7%1,0 m €
Total liabilities749 k €▼ 23%969 k €▼ 7%1,0 m €▼ 8%1,1 m €
Equity2,0 m €▲ 42%1,4 m €▼ 52%2,9 m €▲ 11%2,6 m €
Labour costs-17 662 €▲ 25%-23 458 €▼ 74%-13 466 €▲ 34%-20 456 €
Employees10%10%1▼ 50%2
Filed02.06.202615.06.202518.10.202320.11.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Rental and operating of own or leased real estate main activity68201352 358 €94%
Non-specialised wholesale trade4690122 985 €6%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 05.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

none

No transactions with state agencies, procurement contracts or grants found

RTK Saldo, Riigihangete register, RTK toetatud projektid

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

16

Top 20 in activity: Rental and operating of own or leased real estate

20

Domains

1 records

Domains

DomainSource
merkest.eeemail

History and notices

12
DateTypeContent
30.12.2024EntryAmendment entry
01.09.2023EntryAmendment entry
04.08.2021EntryAmendment entry
16.01.2018EntryAmendment entry
07.11.2017EntryAmendment entry
12.09.2016EntryAmendment entry
23.07.2012EntryAmendment entry
16.07.2012Order to remedy deficienciesAmendment entry
05.07.2012Warning order on deletion from the register: annual report not filedToimiku dokumentide kontroll
04.01.2010Tegevusalade kustutamine registrikaardiltAmendment entry
19.12.2003Jaatav kandeotsusÜmberkujundamiskanne uut registrikaarti avamata
03.10.2003Kättetoimetatav puuduste kõrvaldamise määrusÜmberkujundamiskanne uut registrikaarti avamata