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OSAÜHING TÄHELINNA KINNISVARA

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RegisteredHarju County
Registry code
10723293
VAT number
EE100767007
Address
Harju maakond, Tallinn, Kesklinna linnaosa, Järvevana tee 9g, 11314
Registered
12.01.2001 · 25 yrs
Activity
Rental and operating of own or leased real estate 68201
Capital
8 000 €
Email
m•••@m•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Website
www.merko.ee
Business Register 08.10.2026
Sales revenue1,2 m €+3%2025 annual report
Profit578 k €2025 annual report
Labour taxes per quarter0 €Tax Board 2026 Q2
Cash1,3 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 months180 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 301 tuh €
278 k295 k329 k297 k295 k290 k327 k301 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AAA
Excellent, very low risk
96 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 08.10.2026 · 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▲ 1% vs a year earlier
Email right away on tax debt, bankruptcy or board change
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Data

Board and owners

3 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Jaan Mäe3 companiesno tax debtPersonal ID ↗08.02.2024
Janek Gustavson3 companiesno tax debtPersonal ID ↗13.07.2021
Other persons 1
Nasdaq CSD SEOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist.27.09.2017
Shareholders 1
Omanikukonto: AS MERKO EHITUS EESTI100,0% 8 000 €21.02.2024
Beneficial owners 1
Toomas Annus8 companiesno tax debtkaudne osalus05.09.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue13,0%
Labour taxes / revenue0,0%
Revenue per employee per month—
Gross salary (estimate)—
Net salary (estimate)—

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q2301 187 €▲ 2%0 €39 291 €—
2026 Q1326 857 €▼ 1%0 €45 351 €—
2025 Q4290 188 €▼ 2%0 €49 677 €—
2025 Q3294 547 €▲ 6%0 €45 308 €—
2025 Q2296 518 €▲ 4%0 €42 029 €—
2025 Q1328 921 €▲ 20%0 €42 883 €—
2024 Q4294 622 €▲ 40%0 €47 138 €—
2024 Q3277 808 €▲ 38%0 €70 388 €—
2024 Q2285 586 €▲ 32%0 €38 514 €—
2024 Q1275 155 €▲ 15%0 €33 075 €—
2023 Q4209 718 €▼ 10%0 €27 123 €—
2023 Q3201 375 €▼ 10%0 €33 382 €—
Show full history (18 quarters)
2023 Q2216 732 €▼ 11%0 €28 440 €—
2023 Q1239 794 €▲ 15%0 €33 774 €—
2022 Q4231 795 €0 €33 029 €—
2022 Q3224 295 €0 €53 373 €—
2022 Q2243 852 €0 €33 988 €—
2022 Q1207 913 €0 €29 418 €—

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 revenue1,2 m €▲ 3%1,2 m €▲ 35%858 k €▼ 7%919 k €▲ 73%531 k €
Profit578 k €▲ 28%451 k €▲ 19%378 k €▼ 10%421 k €▲ 71%246 k €
Profit margin48,4%38,8%44,0%45,8%46,2%
Retained earnings4,2 m €▲ 12%3,8 m €▲ 8%3,5 m €▲ 12%3,1 m €▲ 5%3,0 m €
Cash1,3 m €▲ 106%642 k €0 €▼ 100%2,0 m €▲ 28%1,5 m €
Current assets5,3 m €▲ 15%4,6 m €▲ 16%3,9 m €▼ 33%5,9 m €▲ 8%5,5 m €
Fixed assets6,6 m €▼ 2%6,7 m €▲ 444%1,2 m €▼ 6%1,3 m €▼ 6%1,4 m €
Assets11,9 m €▲ 5%11,3 m €▲ 118%5,2 m €▼ 28%7,2 m €▲ 5%6,9 m €
Current liabilities99 068 €▼ 22%128 k €▼ 89%1,2 m €▼ 67%3,6 m €▲ 1%3,6 m €
Long-term liabilities1,2 m €0%1,2 m €———
Total liabilities1,3 m €▼ 2%1,3 m €▲ 9%1,2 m €▼ 67%3,6 m €▲ 1%3,6 m €
Equity10,6 m €▲ 6%10,0 m €▲ 151%4,0 m €▲ 9%3,6 m €▲ 10%3,3 m €
Labour costs0 €0 €0 €0 €0 €
Employees00000
Filed22.05.202615.05.202522.05.202419.05.202304.05.2022
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
Rental and operating of own or leased real estate main activity682011 193 913 €100%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

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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

1 000 € makseid

Transactions with state institutions

20251 000 €

Largest payers

Tallinna Strateegiakeskus1 000 €
All payments by month
MonthPayerTypeFieldAmount
11.2025Tallinna StrateegiakeskusSotsiaaltoetusedOther economic affairs (incl. administration)1 000 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Holdings in other companies

1
CompanyCodeHoldingSinceRevenue
OÜ Vahi Lastehoid14747524100,0%16.01.2024270 k €

Business Register

Companies linked via the board

4
Aktsiaselts Merko Ehitus EestiJaan Mäe132,7 m €AAAOÜ MERKO KAEVANDUSEDJanek Gustavson2,0 m €AAAOÜ Vahi LastehoidJaan Mäe270 k €AAOsaühing SkontoJanek Gustavson6 586 €A

Sorted by revenue (latest report or 4 quarters).

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

20
#CompanyRevenue
1Riigi Kinnisvara Aktsiaselts177,2 m €
2Kirkcong Property OÜ27,8 m €
3Ülemiste Center OÜ26,2 m €
4BLRT Grupp AS20,7 m €
5TÜC Majad AS20,2 m €
6ROCCA al MARE KAUBANDUSKESKUSE AKTSIASELTS19,6 m €
7Öpiku Majad OÜ17,9 m €
8AS Viru Keskus17,1 m €
9TKM Kinnisvara AS17,0 m €
10Kinnisvaravalduse AS16,8 m €
11Sihtasutus Ida-Viru Investeeringute Agentuur14,2 m €
12Kaarsilla Kinnisvara OÜ13,4 m €
13Lõunakeskus OÜ13,4 m €
14OÜ Raadiku Arendus12,8 m €
15EfTEN Kristiine OÜ12,6 m €
16Neutra Capital AS10,7 m €
17AS Harju Elekter Group10,5 m €
18aktsiaselts AQUA MARINA10,5 m €
19Arter Kinnisvara OÜ10,4 m €
20TTK Kultuurikeskus OÜ10,3 m €

OSAÜHING TÄHELINNA KINNISVARA: place 317 /12557

Similar size: Aktsiaselts Johan GTJ, Osaühing Corigeer, ALEKON PROPERTY AS, DM Terminal OÜ, Riia 128 OÜ, HW Assets OÜ, AKTSIASELTS TAGABERGI KINNISVARA, Tallinn House OÜ, osaühing SEPA KESKUS, Tähtvere Tehnopark OÜ

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

Domains

1 records

Domains

DomainSource
merko.eeBusiness Register

History and notices

23
DateTypeContent
08.02.2024EntryAmendment entry
23.01.2024Order to remedy deficienciesAmendment entry
09.01.2024Eitav kandemäärusAmendment entry
13.07.2021EntryAmendment entry
06.01.2021EntryAmendment entry
21.01.2020EntryAmendment entry
23.02.2018EntryAmendment entry
21.02.2018Order to remedy deficienciesAmendment entry
02.02.2018Negative entry order: deficiencies not remediedAmendment entry
17.01.2018EntryAmendment entry
15.01.2018Order to remedy deficienciesAmendment entry
07.11.2017EntryAmendment entry
27.09.2017EntryAmendment entry
26.12.2016EntryAmendment entry
31.08.2016EntryAmendment entry
31.01.2012EntryAmendment entry
29.01.2010EntryAmendment entry
22.12.2009Märge osade või aktsiate registreerituse kohta EVK-sMärkus
11.02.2009EntryAmendment entry
11.02.2009EntryAmendment entry
03.12.2008Tegevusalade kustutamine registrikaardiltAmendment entry
08.06.2005Jaatav kandeotsusAmendment entry
25.06.2003Jaatav kandeotsusAmendment entry