ETENRU
RegisteredHarju County
Registry code
11123527
VAT number
EE100980392
Address
Harju maakond, Tallinn, Pirita linnaosa, Mesika tee 57, 12014
Registered
13.04.2005 · 21 yrs
Activity
Construction of water projects 42911
Additional activities
Construction of bridges and tunnels, Site preparation, Rental and leasing of other machinery, equipment and tangible goods n.e.c.
Capital
2 556 €
Email
r•••@g•••.comLog in to see
Phone
+372 •• ••••Log in to see
LEI
9845009JFB0BA409BE12 ISSUED
Business Register 06.10.2026
Sales revenue4,6 m €+13%2025 annual report
Profit458 k €2025 annual report
Employees3Tax Board 2026 Q2
Average gross salary2 939 €estimate, Tax Board 2026 Q2
Labour taxes per quarter13 488 €Tax Board 2026 Q2
Cash349 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months7,2 m €+55%Tax Board, last 4 quarters
State taxes 12 months482 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 2,8 mln €
1,9 M1,2 M531 k1,0 M2,0 M1,6 M825 k2,8 M
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AAA
Excellent, very low risk
91 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 06.10.2026 · 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 → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 55% 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
Hardo Mere2 companiesno tax debtPersonal ID ↗09.07.2009
Shareholders 1
Hardo Mere100,0% 2 556 €01.09.2023
Beneficial owners 1
Hardo Mere2 companiesno tax debtdirect holding27.09.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue6,4%
Labour taxes / revenue0,5%
Revenue per employee per month307 064 €
Gross salary (estimate)2 939 €
Net salary (estimate)2 364 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q22 763 572 €▲ 176%13 488 €176 987 €3
2026 Q1824 998 €▲ 55%13 488 €72 059 €2
2025 Q41 640 879 €▲ 36%13 488 €93 048 €2
2025 Q31 956 648 €▲ 3%13 488 €139 986 €2
2025 Q21 001 711 €▼ 18%13 488 €93 291 €2
2025 Q1530 685 €▲ 244%16 989 €47 427 €2
2024 Q41 209 272 €▲ 81%14 582 €66 415 €2
2024 Q31 905 531 €▲ 34%21 203 €94 331 €2
2024 Q21 223 994 €▲ 53%16 199 €83 746 €2
2024 Q1154 371 €▲ 278%33 956 €55 850 €2
2023 Q4667 026 €▼ 74%15 335 €65 377 €2
2023 Q31 420 241 €▼ 54%13 453 €76 089 €2
Show full history (18 quarters)
2023 Q2801 687 €▼ 48%12 700 €69 922 €2
2023 Q140 863 €▼ 96%48 277 €118 881 €2
2022 Q42 596 440 €18 023 €225 151 €2
2022 Q33 112 022 €18 928 €332 600 €3
2022 Q21 533 803 €14 301 €78 861 €3
2022 Q11 107 364 €14 119 €94 539 €3

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

5 yr
Build report

20252024202320222021
Sales revenue4,6 m €▲ 13%4,1 m €▲ 58%2,6 m €▼ 66%7,6 m €▲ 73%4,4 m €
Profit458 k €▼ 5%481 k €▲ 184%170 k €▼ 90%1,7 m €▲ 450%311 k €
Profit margin10,0%11,9%6,6%22,4%7,1%
Retained earnings2,3 m €▲ 18%1,9 m €▲ 4%1,8 m €▲ 686%234 k €▼ 64%653 k €
Cash349 k €▼ 32%516 k €▼ 27%706 k €▼ 51%1,4 m €▲ 233%433 k €
Current assets3,0 m €▲ 23%2,4 m €▲ 23%2,0 m €▼ 12%2,2 m €▲ 48%1,5 m €
Fixed assets285 k €▲ 20%238 k €▲ 5%226 k €▲ 841%23 976 €▼ 74%91 652 €
Assets3,3 m €▲ 23%2,7 m €▲ 21%2,2 m €▼ 3%2,3 m €▲ 41%1,6 m €
Current liabilities540 k €▲ 128%237 k €▲ 69%140 k €▼ 57%325 k €▼ 49%637 k €
Long-term liabilities16 971 €▼ 47%31 857 €▼ 31%46 031 €▲ 19×2 416 €▼ 70%8 110 €
Total liabilities557 k €▲ 107%269 k €▲ 44%187 k €▼ 43%328 k €▼ 49%645 k €
Equity2,7 m €▲ 13%2,4 m €▲ 19%2,0 m €▲ 3%1,9 m €▲ 101%966 k €
Labour costs-126 k €▲ 11%-142 k €▲ 10%-159 k €▲ 28%-222 k €▼ 92%-116 k €
Employees20%20%2▼ 33%3▼ 25%4
Filed08.06.202612.06.202511.06.202414.06.202302.06.2022
ReportPDF ↓PDF ↓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
Construction of water projects main activity429112 724 295 €59%
Construction of bridges and tunnels421311 873 100 €41%
Site preparation431292 780 €0%
Rental and leasing of other machinery, equipment and tangible goods n.e.c.77399466 €0%

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 06.10.2026

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

1

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Construction of water projects

20
#CompanyRevenue
1Insenerehituse AS26,8 m €
2Rakennus Grupp OÜ4,6 m €
3GT Corporation SE2,9 m €
4Top Marine Infra OÜ1,6 m €
5GT EST OÜ1,4 m €
6Kolm Polti OÜ840 k €
7Osaühing Akvamarin334 k €
8UWS Baltic OÜ250 k €
9MEFS OÜ224 k €
10Altum OÜ204 k €
11Toruehitus OÜ122 k €
12DucoEST OÜ101 k €
13TX Masinad OÜ86 205 €
14Merak OÜ74 256 €
15Mardimaja OÜ46 586 €
16OÜ Tetrapood33 538 €
17Alexplumber OÜ31 706 €
18Veesilm OÜ31 565 €
19Havaka OÜ28 222 €
20Mittetulundusühing EISMA SADAM24 499 €

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Tegevusload

1 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
EhitamineEEH00458818.01.2010

History and notices

10
DateTypeContent
01.09.2023EntryAmendment entry
17.01.2018EntryAmendment entry
08.11.2017EntryAmendment entry
16.09.2016EntryAmendment entry
14.03.2011EntryAmendment entry
09.07.2009EntryAmendment entry
03.12.2008Tegevusalade kustutamine registrikaardiltAmendment entry
05.07.2006EntryAmendment entry
22.07.2005Jaatav kandeotsusAmendment entry
12.04.2005Jaatav kandeotsusFirst entry