OÜ Element GruppRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1 693 868 € | 19 | 77 549 € |
| Q2 2026 | 1 345 859 € | 17 | 36 826 € |
| Q1 2026 | 1 166 714 € | 16 | 56 026 € |
| Q4 2025 | 1 877 561 € | 15 | 59 754 € |
| Q3 2025 | 1 896 820 € | 14 | 58 796 € |
| Q2 2025 | 1 222 949 € | 14 | 53 365 € |
| Q1 2025 | 1 117 655 € | 15 | 55 362 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 119 999 € (14% 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 | 760 159 | 642 246 | 1 483 853 | 1 011 392 | 1 423 907 | 1 421 473 | 1 482 706 |
| Total non-current assets | 2889 | 3922 | 143 171 | 253 803 | 294 577 | 189 563 | 456 574 |
| Total assets | 763 048 | 646 168 | 1 627 024 | 1 265 195 | 1 718 484 | 1 611 036 | 1 939 280 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 354 503 | 238 558 | 1 421 167 | 1 029 561 | 1 078 427 | 763 243 | 814 634 |
| Non-current liabilities | — | — | 1991 | 9589 | 2622 | 0 | — |
| Total liabilities | 354 503 | 238 558 | 1 423 158 | 1 039 150 | 1 081 049 | 763 243 | 814 634 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 368 456 | 356 733 | 342 003 | 158 043 | 136 771 | 438 849 | 724 982 |
| Profit for the year | 37 277 | 48 065 | −140 949 | 65 190 | 497 852 | 406 132 | 396 852 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 408 545 | 407 610 | 203 866 | 226 045 | 637 435 | 847 793 | 1 124 646 |
| Income statement | |||||||
| Sales revenue | 3 832 566 | 3 927 757 | 6 279 960 | 8 033 274 | 5 563 581 | 5 996 244 | 6 255 014 |
| Operating profit | 51 367 | 62 933 | −131 778 | 75 584 | 520 859 | 453 193 | 425 846 |
| EBITDA | 51 811 | 63 899 | −129 800 | 79 151 | 527 474 | 459 057 | 431 657 |
| Profit before income tax | 48 910 | 60 418 | −135 697 | 72 192 | 515 253 | 450 401 | 430 698 |
| Profit for the reporting year | 37 277 | 48 065 | −140 949 | 65 190 | 497 852 | 406 132 | 396 852 |
| Labour costs | 259 110 | 378 250 | 451 058 | 465 902 | 350 744 | 402 741 | 539 900 |
| Depreciation of non-current assets | 444 | 966 | 1978 | 3567 | 6615 | 5864 | 5811 |
| Other indicators | |||||||
| Employees | 12 | 14 | 14 | 14 | 12 | 13 | 14 |
| Calculated dividend | — | 49 000 | 62 795 | 43 011 | 86 462 | 195 774 | 119 999 |
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
Data from public registers, not a credit rating.
Connections graph
Public procurement
2 contractsPublic contracts won worth 0 € from 2 contracting authorities (27.04.2025–06.05.2025).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Kohtla-Järve Lasteaia Kakuke rekonstrueerimine · joint bid | Kohtla-Järve Linnavalitsus | 770 603 € | 06.05.2025 |
| Pärnumaa Kutsehariduskeskuse (Niidupargi tn 12) A korpuse ventilatsioonisüsteemi ehitus · joint bid | Riigi Kinnisvara Aktsiaselts | 1 053 250 € | 27.04.2025 |
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: OÜ Element Grupp
Overview
OÜ Element Grupp (registry code 11027491) is a private limited company (OÜ). The company was entered in the Commercial Register in 2004 and has been registered for 22 years. Registered location: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is installation, repair and maintenance of heating, ventilation and air-conditioning equipment (EMTAK 43221). The company is registered for VAT (VAT number EE100895966).
Financial results
Revenue in financial year 2025 was 6 255 014 €, up 4,3% on the previous year (5 996 244 €). From 2019 to 2025, revenue grew by an average of 8,5% per year. Net profit for financial year 2025 was 396 852 € (6,3% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 14 employees (13 a year earlier). Revenue per employee was 446 787 €. At the end of financial year 2025, total assets were 1 939 280 € and equity 1 124 646 € (58,0% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 1 693 868 €, down 10,7% on the same quarter a year earlier. The company had 19 employees in that quarter. Labour taxes paid in the quarter: 77 549 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2530 € per month.
Management and owners
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
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 19.03.2026. 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.