Osaühing Erko ElekterRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 583 767 € | 15 | 42 218 € |
| Q2 2026 | 543 651 € | 15 | 36 641 € |
| Q1 2026 | 288 557 € | 16 | 42 601 € |
| Q4 2025 | 407 641 € | 17 | 44 806 € |
| Q3 2025 | 177 035 € | 16 | 45 749 € |
| Q2 2025 | 281 504 € | 16 | 40 745 € |
| Q1 2025 | 329 106 € | 15 | 33 518 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 30 000 € (3% of distributable profit).
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 424 168 | 397 112 | 403 229 | 668 969 | 780 782 | 649 002 | 498 148 |
| Total non-current assets | 268 082 | 324 868 | 356 418 | 348 608 | 469 226 | 537 642 | 624 963 |
| Total assets | 692 250 | 721 980 | 759 647 | 1 017 577 | 1 250 008 | 1 186 644 | 1 123 111 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 120 304 | 140 438 | 181 132 | 235 966 | 235 007 | 200 710 | 188 251 |
| Non-current liabilities | 13 794 | 9877 | 5862 | 1746 | 0 | 0 | 45 995 |
| Total liabilities | 134 098 | 150 315 | 186 994 | 237 712 | 235 007 | 200 710 | 234 246 |
| Share capital | 8064 | 8064 | 8064 | 8064 | 8064 | 8064 | 8064 |
| Retained earnings of previous periods | 341 399 | 550 088 | 563 601 | 564 588 | 751 801 | 986 937 | 947 870 |
| Profit for the year | 208 689 | 13 513 | 988 | 207 213 | 255 136 | −9067 | −67 069 |
| Total equity | 558 152 | 571 665 | 572 653 | 779 865 | 1 015 001 | 985 934 | 888 865 |
| Income statement | |||||||
| Sales revenue | 805 337 | 1 011 129 | 844 862 | 2 389 562 | 1 882 568 | 1 096 641 | 1 203 768 |
| Operating profit | 214 074 | 14 103 | 1287 | 207 131 | 259 786 | −5156 | −57 370 |
| EBITDA | 251 014 | 55 646 | 43 253 | 253 746 | 316 028 | 74 354 | 27 540 |
| Profit before income tax | 213 689 | 13 701 | 988 | 206 922 | 259 568 | −5224 | −58 608 |
| Profit for the reporting year | 208 689 | 13 513 | 988 | 207 213 | 255 136 | −9067 | −67 069 |
| Labour costs | 199 424 | 210 234 | 232 731 | 271 249 | 311 890 | 304 688 | 418 012 |
| Depreciation of non-current assets | 36 940 | 41 543 | 41 966 | 46 615 | 56 242 | 79 510 | 84 910 |
| Other indicators | |||||||
| Employees | 12 | 12 | 12 | 12 | 13 | 11 | 17 |
| Calculated dividend | — | 0 | 0 | 0 | 20 000 | 20 000 | 30 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Risks and obligationsAll clear
Data from public registers, not a credit rating.
Connections graph
Public procurement
21 contractsPublic contracts won worth 2 547 024 € from 3 contracting authorities (05.10.2023–24.09.2026).
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Osaühing Erko Elekter
Overview
Osaühing Erko Elekter (registry code 10315992) is a private limited company (OÜ). The company was entered in the Commercial Register in 1997 and has been registered for 28 years. Registered location: Valjala alevik, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is construction of utility projects for electricity and telecommunications (EMTAK 42221). The company is registered for VAT (VAT number EE100483284).
Financial results
Revenue in financial year 2025 was 1 203 768 €, up 9,8% on the previous year (1 096 641 €). From 2019 to 2025, revenue grew by an average of 6,9% per year. Financial year 2025 ended with a loss of 67 069 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 17 employees (11 a year earlier). Revenue per employee was 70 810 €. At the end of financial year 2025, total assets were 1 123 111 € and equity 888 865 € (79,1% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 583 767 €, up 230% on the same quarter a year earlier. The company had 15 employees in that quarter. Labour taxes paid in the quarter: 42 218 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1810 € per month.
Management and owners
The management board has 2 members. According to the register, the company has 5 owners. The largest stake (90,5%) is held by a private individual.
Data sources and freshness
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 19.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.