ELVEM ELEKTER OÜ

Registered
10333613Private limited company (OÜ)Founded 1997

Key figures

635 985 €−46,4%
Revenue 2025
+5,7%
Average annual growth 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025

Summary: ELVEM ELEKTER OÜ

What kind of company is it?

ELVEM ELEKTER OÜ (registry code 10333613) 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: Kriilevälja küla, Paide linn, Järva maakond. According to the latest annual report, the main activity is electrical installation works (EMTAK 43211). The company is registered for VAT (VAT number EE100384299).

How is the company doing financially?

Revenue in financial year 2025 was 635 985 €, down 46,4% on the previous year (1 187 289 €). From 2019 to 2025, revenue grew by an average of 5,7% per year. Financial year 2025 ended with a loss of 38 482 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 8 employees. Revenue per employee was 79 498 €. At the end of financial year 2025, total assets were 617 794 € and equity 143 935 € (23,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 160 684 €, up 248% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 18 154 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1690 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.

Where does the data come from and how fresh is it?

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 16.06.2026. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026160 684 €718 154 €
Q2 2026226 568 €626 694 €
Q1 2026149 512 €722 398 €
Q4 2025220 565 €823 946 €
Q3 202546 135 €832 892 €
Q2 2025176 103 €824 138 €
Q1 2025268 020 €826 266 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 29 999 € (14% of distributable profit).

History
202529 999 €
202480 000 €
202336 435 €
20220 €
202140 000 €
202030 000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue801 317479 168866 5681 187 289635 985
Net profit−250 51633 314224 302−24 680−38 482
Retained earnings343 61993 10389 982234 284179 605
Total assets482 182462 093721 064661 588617 794
Total liabilities386 267332 864403 968449 172473 859
Total equity95 915129 229317 096212 416143 935
Employees77888
Average gross salary (monthly)15021664157718971895
Calculated dividend40 000036 43580 00029 999

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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50%50%ELVEM ELEKTER OÜMati Tetto2Einar Tumanski
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 35 570 € (2015–2021). Largest grantors: Elering AS (30 587 €), Eesti Töötukassa (4984 €).

Show all aid records (3)
2021887 €
202029 700 €
20154984 €
GrantorPurposeAmountDate
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)887 €31.01.2021
Elering ASMuu29 700 €28.05.2020
Eesti TöötukassaPalgatoetus VTA4984 €02.06.2015

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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