Erel Group OÜRegistered
Key figures
Ratios
2024Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 1830 € | — | 0 € |
| Q1 2026 | 753 € | — | 0 € |
| Q4 2025 | 6809 € | — | 0 € |
| Q3 2025 | 1134 € | — | — |
| Q2 2025 | 12 248 € | — | — |
| Q1 2025 | 29 389 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Equity decreased by 316 500 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2024
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 927 133 | 950 752 | 1 325 006 | 962 940 | 726 435 | 636 542 |
| Total non-current assets | 2 980 978 | 2 275 337 | 1 609 958 | 1 425 270 | 1 470 264 | 1 799 994 |
| Total assets | 3 908 111 | 3 226 089 | 2 934 964 | 2 388 210 | 2 196 699 | 2 436 536 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 144 000 | 71 116 | 131 019 | 713 606 | 461 252 | 489 865 |
| Non-current liabilities | 1 872 348 | 1 374 931 | 1 267 437 | 570 478 | 433 994 | 369 980 |
| Total liabilities | 2 016 348 | 1 446 047 | 1 398 456 | 1 284 084 | 895 246 | 859 845 |
| Share capital | 408 920 | 408 920 | 408 920 | 408 920 | 408 920 | 2500 |
| Retained earnings of previous periods | 1 545 526 | 1 467 510 | 1 355 790 | 1 112 256 | 1 015 396 | 980 663 |
| Profit for the year | −78 015 | −111 720 | −243 534 | −432 382 | −138 195 | 591 738 |
| Reserves and other equity | 15 332 | 15 332 | 15 332 | 15 332 | 15 332 | 1790 |
| Total equity | 1 891 763 | 1 780 042 | 1 536 508 | 1 104 126 | 1 301 453 | 1 576 691 |
| Income statement | ||||||
| Sales revenue | 251 334 | 74 114 | 52 232 | 44 664 | 125 636 | 322 921 |
| Operating profit | −30 676 | 419 586 | −243 179 | −286 403 | −127 901 | −20 389 |
| EBITDA | −17 746 | 423 202 | −242 646 | −286 403 | −127 901 | −18 349 |
| Profit before income tax | −78 015 | −110 968 | −243 534 | −432 382 | −138 195 | 591 738 |
| Profit for the reporting year | −78 015 | −111 720 | −243 534 | −432 382 | −138 195 | 591 738 |
| Labour costs | 43 364 | 44 635 | 44 635 | 51 844 | 58 979 | 16 247 |
| Depreciation of non-current assets | 12 930 | 3616 | 533 | 0 | 0 | 2040 |
| Other indicators | ||||||
| Employees | 4 | 4 | 4 | 4 | 4 | 1 |
| Calculated dividend | — | 0 | 0 | 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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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.