Helifors ASRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 8 510 963 € | 50 | 234 512 € |
| Q2 2026 | 9 841 058 € | 52 | 239 266 € |
| Q1 2026 | 6 944 465 € | 52 | 249 780 € |
| Q4 2025 | 7 385 256 € | 51 | 266 220 € |
| Q3 2025 | 7 690 323 € | 57 | 302 505 € |
| Q2 2025 | 10 087 484 € | 62 | 288 402 € |
| Q1 2025 | 8 171 795 € | 60 | 288 074 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 1000 € (<1% 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 | 10 910 000 | 10 707 000 | 12 726 000 | 14 059 000 | 11 231 000 | 9 953 000 | 8 195 000 |
| Total non-current assets | 1 663 000 | 1 852 000 | 1 503 000 | 1 922 000 | 1 951 000 | 1 758 000 | 2 571 000 |
| Total assets | 12 573 000 | 12 559 000 | 14 229 000 | 15 981 000 | 13 182 000 | 11 711 000 | 10 766 000 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 2 397 000 | 2 614 000 | 3 965 000 | 4 237 000 | 3 448 000 | 3 620 000 | 3 272 000 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 2 397 000 | 2 614 000 | 3 965 000 | 4 237 000 | 3 448 000 | 3 620 000 | 3 272 000 |
| Share capital | 504 000 | 504 000 | 504 000 | 504 000 | 504 000 | 504 000 | 504 000 |
| Retained earnings of previous periods | 9 544 000 | 9 621 000 | 9 392 000 | 9 709 000 | 10 189 000 | 8 379 000 | 7 535 000 |
| Profit for the year | 77 000 | −231 000 | 317 000 | 1 480 000 | −1 010 000 | −843 000 | −596 000 |
| Reserves and other equity | 51 000 | 51 000 | 51 000 | 51 000 | 51 000 | 51 000 | 51 000 |
| Total equity | 10 176 000 | 9 945 000 | 10 264 000 | 11 744 000 | 9 734 000 | 8 091 000 | 7 494 000 |
| Income statement | |||||||
| Sales revenue | 23 903 000 | 22 290 000 | 29 719 000 | 36 711 000 | 31 835 000 | 27 013 000 | 24 692 000 |
| Operating profit | 167 000 | −237 000 | 297 000 | 1 479 000 | −785 000 | −735 000 | −667 000 |
| EBITDA | 410 000 | −7000 | 492 000 | 1 610 000 | −623 000 | −564 000 | −500 000 |
| Profit before income tax | 191 000 | −231 000 | 317 000 | 1 480 000 | −760 000 | −672 000 | −596 000 |
| Profit for the reporting year | 77 000 | −231 000 | 317 000 | 1 480 000 | −1 010 000 | −843 000 | −596 000 |
| Labour costs | 2 065 000 | 1 923 000 | 2 422 000 | 2 719 000 | 2 580 000 | 2 476 000 | 2 560 000 |
| Depreciation of non-current assets | 243 000 | 230 000 | 195 000 | 131 000 | 162 000 | 171 000 | 167 000 |
| Other indicators | |||||||
| Employees | 68 | 62 | 65 | 69 | 67 | 63 | 54 |
| Calculated dividend | — | 0 | 0 | — | — | 800 000 | 1000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.
Risks and obligations1 note5 clear
Data from public registers, not a credit rating.
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Public procurement
6 contractsPublic contracts won worth 393 780 € from 3 contracting authorities (17.03.2023–07.09.2026). Plus 1 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Keskpinge maakaabli ristlõikega 240 mm² ostmine (IP4819) | Elektrilevi OÜ | 113 755 € | 07.09.2026 |
| Jõukaablite ostmine | Enefit Industry OÜ | 103 914 € | 11.02.2026 |
| Keskpinge maakaabli ristlõikega 300 mm² ostmine (LC1954) | Elektrilevi OÜ | 100 765 € | 22.11.2024 |
| LED valgustite ja valgusautomaatika seadmete ost | Eesti Maaülikool | up to 800 000 € | 19.09.2024 |
| Keskpinge maakaabli ristlõikega 300 mm² ostmine (IK1382) | Elektrilevi OÜ | 29 866 € | 09.02.2024 |
| Jõukaablite ostmine | Enefit Power AS | 45 480 € | 17.03.2023 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Helifors AS
Overview
Helifors AS (registry code 10479601) is a public limited company (AS). The company was entered in the Commercial Register in 1998 and has been registered for 28 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is elektrimaterjalide, -tarvikute ja -seadmete, k.a kaablite hulgimüük (EMTAK 46643). The company is registered for VAT (VAT number EE100087033).
Financial results
Revenue in financial year 2025 was 24 692 000 €, down 8,6% on the previous year (27 013 000 €). From 2019 to 2025, revenue grew by an average of 0,5% per year. Financial year 2025 ended with a loss of 596 000 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 54 employees (63 a year earlier). Revenue per employee was 457 259 €. At the end of financial year 2025, total assets were 10 766 000 € and equity 7 494 000 € (69,6% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 8 510 963 €, up 10,7% on the same quarter a year earlier. The company had 50 employees in that quarter. Labour taxes paid in the quarter: 234 512 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2880 € per month.
Management and owners
The company has one management board member. The supervisory board has 3 members. The sole owner of the company is HELIFORS GRUPP OÜ.
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 30.06.2026. 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.