Tallinna Elektrotehnika Tehas "Estel" OÜRegistered
Qualified audit opinion. 2025 report: Qualified.
Key figures
1 208 085 €−56,3%
Revenue 2025
−27,1%
Average annual change 2019–2025
Ratios
2025−121,1%
Profit margin
−121,6%
EBITDA margin
27,1%
Equity ratio
1,0×
Current ratio
−65,0%
Return on equity
1832 €
Average gross salary
Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 1 466 478 € | 67 | 191 080 € |
| Q1 2026 | 289 107 € | 67 | 188 368 € |
| Q4 2025 | 399 315 € | 65 | 192 839 € |
| Q3 2025 | 496 829 € | 66 | 201 547 € |
| Q2 2025 | 686 053 € | 68 | 200 252 € |
| Q1 2025 | 1 103 127 € | 66 | 200 462 € |
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
dividend other equity decrease
20250 €
20240 €
20230 €+4 218 785 € other
2022 ~2 173 068 €
2021 ~141 212 €
2020 ~190 000 €
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 | 6 121 384 | 8 896 375 | 10 220 348 | 8 625 507 | 8 089 667 | 7 085 285 | 6 211 550 |
| Total non-current assets | 2 277 432 | 2 229 954 | 2 205 183 | 2 177 453 | 2 220 396 | 2 151 712 | 2 088 621 |
| Total assets | 8 398 816 | 11 126 329 | 12 425 531 | 10 802 960 | 10 310 063 | 9 236 997 | 8 300 171 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 931 916 | 2 865 270 | 1 990 493 | 2 030 464 | 5 685 558 | 5 487 841 | 6 020 486 |
| Non-current liabilities | — | 9008 | 6226 | 3386 | 40 095 | 33 993 | 28 031 |
| Total liabilities | 931 916 | 2 874 278 | 1 996 719 | 2 033 850 | 5 725 653 | 5 521 834 | 6 048 517 |
| Share capital | 5 218 805 | 5 218 805 | 5 218 805 | 5 218 805 | 1 000 020 | 1 000 020 | 1 000 020 |
| Retained earnings of previous periods | 932 529 | 1 789 940 | 2 575 121 | 2 604 127 | 3 117 493 | 3 151 578 | 2 282 331 |
| Profit for the year | 1 163 790 | 975 151 | 2 317 973 | 513 366 | 34 085 | −869 247 | −1 463 509 |
| Reserves and other equity | 151 776 | 268 155 | 316 913 | 432 812 | 432 812 | 432 812 | 432 812 |
| Total equity | 7 466 900 | 8 252 051 | 10 428 812 | 8 769 110 | 4 584 410 | 3 715 163 | 2 251 654 |
| Income statement | |||||||
| Sales revenue | 8 065 922 | 10 677 937 | 13 337 837 | 7 465 936 | 5 917 862 | 2 766 881 | 1 208 085 |
| Operating profit | 1 153 663 | 1 097 568 | 2 290 466 | 1 052 340 | −43 640 | −978 903 | −1 546 072 |
| EBITDA | 1 233 412 | 1 169 755 | 2 353 824 | 1 114 663 | 25 576 | −896 327 | −1 469 222 |
| Profit before income tax | 1 163 790 | 975 151 | 2 317 973 | 1 056 633 | 34 085 | −869 247 | −1 463 509 |
| Profit for the reporting year | 1 163 790 | 975 151 | 2 317 973 | 513 366 | 34 085 | −869 247 | −1 463 509 |
| Labour costs | 1 865 156 | 2 485 477 | 2 769 704 | 2 510 691 | 2 525 787 | 2 062 894 | 1 948 206 |
| Depreciation of non-current assets | 79 749 | 72 187 | 63 358 | 62 323 | 69 216 | 82 576 | 76 850 |
| Other indicators | |||||||
| Employees | 80 | 90 | 116 | 88 | 73 | 67 | 60 |
| Calculated dividend | — | 190 000 | 141 212 | 2 173 068 | 0 | 0 | 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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