Elero OÜRegistered
Tax debt 24 490 € as of 30.09.2026 (incl. 24 490 € in a payment schedule).Source: Tax and Customs Board
Going concern uncertainty. In the 2025 report the auditor pointed to material uncertainty about the company's ability to continue as a going concern.
Qualified audit opinion. 2024 report: Qualified.
Key figures
2 621 568 €−41,4%
Revenue 2025
−15,4%
Average annual change 2019–2025
Ratios
2025−21,3%
Profit margin
−21,1%
EBITDA margin
−17,8%
Equity ratio
0,9×
Current ratio
276,0%
Return on equity
2655 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 97 225 € | — | 23 180 € |
| Q1 2026 | 578 703 € | — | 71 024 € |
| Q4 2025 | 770 532 € | 13 | 73 968 € |
| Q3 2025 | 1 126 144 € | 14 | 76 373 € |
| Q2 2025 | 439 220 € | 14 | 72 827 € |
| Q1 2025 | 1 096 991 € | 15 | 70 585 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
No dividends were distributed.
History
20250 €
202415 317 €
20230 €
2022 ~2 398 764 €
20210 €
20200 €
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 | 1 422 458 | 397 444 | 1 128 156 | 1 723 193 | 1 729 624 | 1 852 915 | 1 088 748 |
| Total non-current assets | 1 307 565 | 1 351 986 | 1 534 872 | 76 856 | 68 831 | 88 421 | 49 056 |
| Total assets | 2 730 023 | 1 749 430 | 2 663 028 | 1 800 049 | 1 798 455 | 1 941 336 | 1 137 804 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 1 364 870 | 855 979 | 1 567 694 | 1 550 522 | 1 208 244 | 1 197 141 | 1 183 984 |
| Non-current liabilities | 198 504 | 205 987 | 207 576 | 142 693 | 110 411 | 387 827 | 156 272 |
| Total liabilities | 1 563 374 | 1 061 966 | 1 775 270 | 1 693 215 | 1 318 655 | 1 584 968 | 1 340 256 |
| Share capital | 109 200 | 109 200 | 109 200 | 109 200 | 109 200 | 109 200 | 109 200 |
| Retained earnings of previous periods | 641 493 | 1 046 528 | 567 345 | −1 631 126 | −13 288 | 344 363 | 236 247 |
| Profit for the year | 405 036 | −479 184 | 200 293 | 1 617 840 | 372 968 | −108 115 | −558 819 |
| Reserves and other equity | 10 920 | 10 920 | 10 920 | 10 920 | 10 920 | 10 920 | 10 920 |
| Total equity | 1 166 649 | 687 464 | 887 758 | 106 834 | 479 800 | 356 368 | −202 452 |
| Income statement | |||||||
| Sales revenue | 7 133 135 | 3 007 526 | 5 046 475 | 5 013 776 | 5 334 265 | 4 476 789 | 2 621 568 |
| Operating profit | 441 023 | −445 401 | 245 105 | 2 257 055 | 394 646 | −106 777 | −562 858 |
| EBITDA | 488 931 | −405 292 | 288 432 | 2 294 439 | 409 064 | −94 547 | −553 148 |
| Profit before income tax | 405 036 | −479 184 | 200 293 | 2 217 840 | 372 968 | −103 795 | −558 819 |
| Profit for the reporting year | 405 036 | −479 184 | 200 293 | 1 617 840 | 372 968 | −108 115 | −558 819 |
| Labour costs | 929 493 | 902 222 | 996 729 | 1 201 977 | 873 499 | 695 721 | 682 128 |
| Depreciation of non-current assets | 47 908 | 40 109 | 43 327 | 37 384 | 14 418 | 12 230 | 9710 |
| Other indicators | |||||||
| Employees | 32 | 30 | 30 | 30 | 23 | 17 | 16 |
| Calculated dividend | — | 0 | 0 | 2 398 764 | 0 | 15 317 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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