Aktsiaselts MERKO EHITUS
- Registry code
- 11520257
- VAT number
- EE101244833
- Address
- Harju maakond, Tallinn, Kesklinna linnaosa, Järvevana tee 9g, 11314
- Registered
- 01.08.2008 · 18 yrs
- Activity
- Activities of head offices 70101
- Capital
- 7 929 000 €
- g•••@m•••.eeLog in to see
- Phone
- +372 •• ••••Log in to see
- Website
- www.group.merko.ee
- LEI
- 529900AS1XLZP15O8887 ISSUED
Business Register 08.10.2026
Sales revenue982 k €+6%2025 annual report
Profit48,3 m €2025 annual report
Employees8Tax Board 2026 Q2
Average gross salary26 980 €estimate, Tax Board 2026 Q2
Labour taxes per quarter330 k €Tax Board 2026 Q2
Cash6,6 m €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 08.10.2026
Revenue 12 months1,2 m €+1%Tax Board, last 4 quarters
State taxes 12 months1,3 m €Tax Board, last 4 quarters
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
Email right away on tax debt, bankruptcy or board changeRatingAA → BB → AA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 1% vs a year earlier
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Board and owners
3 persons
| Board 2 | ||
|---|---|---|
| Ivo Volkov7 companiesno tax debt | Personal ID ↗ | 02.01.2024 |
| Urmas Somelar7 companiesno tax debt | Personal ID ↗ | 07.06.2023 |
| Other persons 1 | ||
| Nasdaq CSD SE1983 companies138 with tax debt40 bankruptShare register keeper | Personal ID ↗ | 28.09.2017 |
| Beneficial owners 1 | ||
| Toomas Annus8 companiesno tax debtkaudne osalus | 10.09.2018 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
State taxes / revenue87,0%
Labour taxes / revenue84,7%
Revenue per employee per month16 244 €
Gross salary (estimate)26 980 €
Net salary (estimate)20 441 €
2026 Q2. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | 389 846 € | ▲ 57% | 330 236 € | 339 326 € | 8 |
| 2026 Q1 | 306 248 € | ▼ 34% | 618 214 € | 685 575 € | 8 |
| 2025 Q4 | 247 830 € | ▲ 6% | 135 858 € | 127 573 € | 8 |
| 2025 Q3 | 261 682 € | ▲ 9% | 150 735 € | 156 025 € | 8 |
| 2025 Q2 | 247 991 € | ▼ 14% | 357 250 € | 350 072 € | 9 |
| 2025 Q1 | 466 271 € | ▲ 98% | 611 458 € | 610 774 € | 10 |
| 2024 Q4 | 233 836 € | ▲ 44% | 130 787 € | 140 767 € | 9 |
| 2024 Q3 | 240 660 € | ▲ 31% | 194 947 € | 208 590 € | 9 |
| 2024 Q2 | 289 235 € | ▲ 54% | 295 869 € | 290 329 € | 9 |
| 2024 Q1 | 235 887 € | ▲ 49% | 698 928 € | 689 712 € | 9 |
| 2023 Q4 | 162 948 € | ▲ 12% | 118 988 € | 113 818 € | 9 |
| 2023 Q3 | 184 371 € | ▲ 31% | 151 480 € | 154 102 € | 9 |
Show full history (18 quarters)
| 2023 Q2 | 188 322 € | ▲ 33% | 233 132 € | 228 254 € | 9 |
| 2023 Q1 | 157 934 € | ▼ 51% | 456 900 € | 445 018 € | 10 |
| 2022 Q4 | 145 377 € | 118 858 € | 118 731 € | 10 | |
| 2022 Q3 | 141 129 € | 165 643 € | 189 770 € | 10 | |
| 2022 Q2 | 141 897 € | 214 296 € | 211 804 € | 10 | |
| 2022 Q1 | 322 056 € | 402 323 € | 396 855 € | 10 |
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
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Sales revenue | 982 k € | ▲ 6% | 927 k € | ▲ 42% | 652 k € | ▲ 17% | 555 k € | ▼ 59% | 1,4 m € |
| Profit | 48,3 m € | ▲ 53% | 31,5 m € | ▲ 70% | 18,5 m € | ▲ 8% | 17,1 m € | ▲ 23% | 13,9 m € |
| Profit margin | 4919,3% | 3399,6% | 2839,6% | 3084,0% | 1023,3% | ||||
| Retained earnings | 132,2 m € | ▼ 2% | 134,3 m € | ▼ 3% | 138,8 m € | 0% | 139,4 m € | ▼ 3% | 143,2 m € |
| Cash | 6,6 m € | ▲ 76% | 3,8 m € | ▲ 18× | 211 k € | ▼ 61% | 545 k € | ▼ 92% | 6,8 m € |
| Current assets | 10,0 m € | ▲ 53% | 6,5 m € | ▼ 4% | 6,8 m € | ▼ 86% | 49,0 m € | ▲ 600% | 7,0 m € |
| Fixed assets | 187,0 m € | ▲ 6% | 176,0 m € | ▲ 1% | 174,7 m € | ▲ 26% | 138,4 m € | ▼ 17% | 166,4 m € |
| Assets | 197,0 m € | ▲ 8% | 182,5 m € | ▲ 1% | 181,5 m € | ▼ 3% | 187,4 m € | ▲ 8% | 173,4 m € |
| Current liabilities | 7,7 m € | ▼ 2% | 7,8 m € | ▼ 49% | 15,2 m € | ▼ 5% | 15,9 m € | ▲ 937% | 1,5 m € |
| Long-term liabilities | 105 k € | ▼ 45% | 192 k € | ▼ 15% | 227 k € | ▼ 96% | 6,3 m € | ▲ 3% | 6,1 m € |
| Total liabilities | 7,8 m € | ▼ 3% | 8,0 m € | ▼ 48% | 15,5 m € | ▼ 30% | 22,2 m € | ▲ 191% | 7,6 m € |
| Equity | 189,2 m € | ▲ 8% | 174,5 m € | ▲ 5% | 166,0 m € | 0% | 165,2 m € | 0% | 165,8 m € |
| Employees | 10 | 0% | 10 | 0% | 10 | 0% | 10 | 0% | 10 |
| Filed | 28.04.2026 | 15.05.2025 | 08.05.2024 | 04.05.2023 | 04.05.2022 | ||||
| Report | PDF ↓ | 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
| Activity | EMTAK | Sales revenue | Osa |
|---|---|---|---|
| Activities of head offices main activity | 70101 | 981 551 € | 100% |
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 08.10.2026
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
5
| Company | Code | Holding | Since | Revenue |
|---|---|---|---|---|
| OÜ Merko Kodud | 16796573 | 100,0% | 29.02.2024 | 33,1 m € |
| Osaühing Merko Investments | 11206791 | 100,0% | 01.09.2023 | 0 € |
| OÜ Merko Ehitus Ventures | 17048761 | 100,0% | 09.12.2024 | 0 € |
| OÜ Merko Property | 12202430 | 100,0% | 01.09.2023 | 0 € |
| OÜ Merko Residential Investments | 16987310 | 100,0% | 14.05.2024 | 0 € |
Business Register
Companies linked via the board
60
AS AlexelaNasdaq CSD SE555,0 m €BBEricsson Eesti AktsiaseltsNasdaq CSD SE416,6 m €AAAS SEB PankNasdaq CSD SE405,8 m €AAAktsiaselts METAPRINTNasdaq CSD SE85,8 m €AAAAS HANZA Mechanics TartuNasdaq CSD SE81,5 m €AAAERGO Insurance SENasdaq CSD SE80,6 m €AAAElke Tallinn ASNasdaq CSD SE62,0 m €AAAaktsiaselts ESTIKO - PLASTARNasdaq CSD SE48,2 m €AAAStockmann AktsiaseltsNasdaq CSD SE42,3 m €AAaktsiaselts PINUSNasdaq CSD SE29,6 m €AAAAktsiaselts BalbiinoNasdaq CSD SE29,5 m €AAAAktsiaselts Magnum VeterinaariaNasdaq CSD SE28,6 m €BBAktsiaselts KROONINGNasdaq CSD SE27,1 m €BInterchemie Werken De Adelaar Eesti aktsiaseltsNasdaq CSD SE25,5 m €BBBSchneider Electric Eesti ASNasdaq CSD SE24,9 m €BAktsiaselts TopautoNasdaq CSD SE21,6 m €AAAktsiaselts Lincona KonsultNasdaq CSD SE19,2 m €AAAAS All Media EestiNasdaq CSD SE17,2 m €AAAktsiaselts PAFERNasdaq CSD SE15,1 m €AAABaltyre Eesti ASNasdaq CSD SE14,8 m €AAAaktsiaselts PristisNasdaq CSD SE13,5 m €AAAAktsiaselts Viru ElektrikaubandusNasdaq CSD SE10,6 m €AAAktsiaselts STANDARDNasdaq CSD SE10,6 m €AAS Eesti LeivatööstusNasdaq CSD SE10,3 m €Aaktsiaselts LTTNasdaq CSD SE10,2 m €AAAMotoral Eesti AktsiaseltsNasdaq CSD SE8,6 m €AAktsiaselts Silmani ElekterNasdaq CSD SE8,0 m €Aaktsiaselts HALS TRADING - TNasdaq CSD SE6,8 m €Aaktsiaselts "Rauameister"Nasdaq CSD SE6,8 m €AAAktsiaselts "Erimell"Nasdaq CSD SE6,4 m €AAAAktsiaselts Taastusravikeskus ViikingNasdaq CSD SE5,8 m €AAAAktsiaselts Loo ElekterNasdaq CSD SE5,5 m €AAAaktsiaselts IKODORNasdaq CSD SE4,9 m €AAAktsiaselts ANTAARESNasdaq CSD SE4,7 m €AACaverion Eesti ASNasdaq CSD SE4,6 m €AAktsiaselts Kiviõli KaubahoovNasdaq CSD SE4,4 m €AAAktsiaselts Metsaküla PiimNasdaq CSD SE3,9 m €AAAaktsiaselts VÕRU VESINasdaq CSD SE3,4 m €AAAaktsiaselts TAUF-AUTONasdaq CSD SE2,9 m €AAAaktsiaselts CISTANasdaq CSD SE2,6 m €AAAPRIMULATOR EESTI AktsiaseltsNasdaq CSD SE2,2 m €AAARTT AktsiaseltsNasdaq CSD SE2,1 m €AAAAS Remedium Kalamaja ApteekNasdaq CSD SE1,7 m €AAaktsiaselts ESTIKONasdaq CSD SE1,6 m €AAAAktsiaselts Ekspress GruppNasdaq CSD SE1,4 m €AALEKON PROPERTY ASNasdaq CSD SE1,2 m €AAAAktsiaselts FotoluksNasdaq CSD SE1,1 m €BBBAktsiaselts LAVEXNasdaq CSD SE692 k €CAktsiaselts Peipsi KalameesNasdaq CSD SE498 k €AAAktsiaselts MihkliNasdaq CSD SE475 k €AAAS Tolaram InvestmentsNasdaq CSD SE380 k €AAAktsiaselts Projekt ENasdaq CSD SE198 k €AAAktsiaselts YearNasdaq CSD SE132 k €CRaisio Eesti AktsiaseltsNasdaq CSD SE120 k €ADeden-Invest AktsiaseltsNasdaq CSD SE51 638 €AKatus ASNasdaq CSD SE13 588 €Aaktsiaselts FaabulaNasdaq CSD SE0 €BBBAktsiaselts TalveaedNasdaq CSD SE · Likvideerimisel0 €CAktsiaselts SpratfilNasdaq CSD SE · Bankrupt0 €CAktsiaselts RoolidNasdaq CSD SE0 €
Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Activities of head offices
20
| # | Company | Revenue |
|---|---|---|
| 1 | NordexLine OÜ | 18,6 m € |
| 2 | VIRU KEEMIA GRUPP AS | 11,9 m € |
| 3 | OÜ Neoinvesteeringud | 7,1 m € |
| 4 | Aktsiaselts Saku Metall | 4,9 m € |
| 5 | Vaklak Farming Group OÜ | 3,8 m € |
| 6 | AS Kaupmees Grupp | 3,5 m € |
| 7 | AS Lemeks | 3,2 m € |
| 8 | Agrone OÜ | 2,6 m € |
| 9 | Bassadone Baltic OÜ | 2,5 m € |
| 10 | AS Go Group | 2,1 m € |
| 11 | MAKADAM OÜ | 1,9 m € |
| 12 | Mobire Group OÜ | 1,7 m € |
| 13 | aktsiaselts ESTIKO | 1,6 m € |
| 14 | AVH Grupp AS | 1,6 m € |
| 15 | Trading House Eesti Aktsiaselts | 1,5 m € |
| 16 | Everaus Capital OÜ | 1,5 m € |
| 17 | B2G Grupp OÜ | 1,5 m € |
| 18 | Arco Vara AS | 1,4 m € |
| 19 | Creative Woodworks OÜ | 1,2 m € |
| 20 | aktsiaselts Filter | 1,2 m € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Pandid, domeenid
5 records
Commercial pledges
| Number | Pandipidaja | Amount | Since |
|---|---|---|---|
| 7 | aktsiaselts Hansapank | 60 000 000 € | 06.10.2008 |
| 1 | aktsiaselts Hansapank | 40 000 000 € | 01.08.2008 |
| 2 | aktsiaselts Hansapank | 40 000 000 € | 01.08.2008 |
| 5 | aktsiaselts Hansapank | 60 000 000 € | 01.08.2008 |
Domains
| Domain | Source |
|---|---|
| group.merko.ee | Business Register |
History and notices
35
| Date | Type | Content |
|---|---|---|
| 08.05.2026 | Entry | Amendment entry |
| 02.01.2024 | Entry | Amendment entry |
| 07.06.2023 | Entry | Amendment entry |
| 06.06.2023 | Order to remedy deficiencies | Amendment entry |
| 11.05.2022 | Order annulling an order | |
| 17.01.2018 | Entry | Amendment entry |
| 30.11.2017 | Entry | Amendment entry |
| 28.09.2017 | Entry | Amendment entry |
| 31.08.2016 | Entry | Amendment entry |
| 12.05.2016 | Entry | Amendment entry |
| 14.08.2015 | Entry | Amendment entry |
| 12.08.2015 | Order to remedy deficiencies | Amendment entry |
| 12.11.2014 | Entry | Kommertspandi kustutamiskanne |
| 12.11.2014 | Entry | Kommertspandi muutmiskanne |
| 09.07.2013 | Entry | Amendment entry |
| 21.09.2012 | Entry | Amendment entry |
| 08.02.2012 | Entry | Amendment entry |
| 27.01.2012 | Order to remedy deficiencies | Amendment entry |
| 12.08.2011 | Entry | Amendment entry |
| 28.12.2010 | Entry | Amendment entry |
| 17.06.2010 | Entry | Amendment entry |
| 09.03.2010 | Entry | Second, constitutive merger entry (on the acquiring company's register card) |
| 04.01.2010 | Kättetoimetatav määrus | Täiendav toimiku dokumentide kontroll |
| 10.08.2009 | Entry | Amendment entry |
| 28.07.2009 | Märge osade või aktsiate registreerituse kohta EVK-s | Märkus |
| 13.11.2008 | Entry | Amendment entry |
| 06.10.2008 | Entry | Kommertspandi avamiskanne |
| 01.08.2008 | Entry | Kommertspandi avamiskanne |
| 01.08.2008 | Entry | Kommertspandi avamiskanne |
| 01.08.2008 | Entry | Kommertspandi avamiskanne |
| 01.08.2008 | Entry | Kommertspandi avamiskanne |
| 01.08.2008 | Entry | Kommertspandi avamiskanne |
| 01.08.2008 | Entry | Kommertspandi avamiskanne |
| 01.08.2008 | Entry | Esimene, deklaratiivne jagunemiskanne (asutatava või teises piirkonnas asuva isiku registrikaardile) |
| 01.08.2008 | Entry | Kolmas, informatiivne jagunemiskanne (omandava isiku registrikaardile) |