ELVEKO OÜ

Registered
11139310Private limited company (OÜ)Founded 2005

Key figures

61 545 €+47,1%
Revenue 2025
+20,9%
Average annual growth 2019–2025
020 k40 k60 k80 k2019202020212022202320242025

Ratios

2025

Summary: ELVEKO OÜ

What kind of company is it?

ELVEKO OÜ (registry code 11139310) is a private limited company (OÜ). The company was entered in the Commercial Register in 2005 and has been registered for 21 years. Registered location: Loosu küla, Võru vald, Võru maakond. According to the latest annual report, the main activity is electrical installation works (EMTAK 43211). The company is registered for VAT (VAT number EE100992571).

How is the company doing financially?

Revenue in financial year 2025 was 61 545 €, up 47,1% on the previous year (41 838 €). From 2019 to 2025, revenue grew by an average of 20,9% per year. Net profit for financial year 2025 was 789 € (1,3% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 61 545 €. At the end of financial year 2025, total assets were 109 299 € and equity 107 361 € (98,2% of assets). Based on labour costs in the report, the estimated average gross salary was about 740 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 8016 €, down 60,5% on the same quarter a year earlier. Labour taxes paid in the quarter: 1180 €.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is a private individual.

Where does the data come from and how fresh is it?

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 22.06.2026. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20268016 €—1180 €
Q2 202618 246 €2928 €
Q1 20266145 €1892 €
Q4 202515 588 €1856 €
Q3 202520 296 €11349 €
Q2 202517 552 €1903 €
Q1 202510 854 €1968 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2021–2025
20212022202320242025
Sales revenue37 09077 38963 06341 83861 545
Net profit391825 82510 225−2126789
Retained earnings65 91869 83695 661105 886103 760
Total assets76 827100 139110 527110 004109 299
Total liabilities41791666182934321938
Total equity72 64898 473108 698106 572107 361
Employees00111
Average gross salary (monthly)——659585740
Calculated dividend00000

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%ELVEKO OÜ1Gennadi Tammekivi
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 34 799 € (2020). Largest grantors: Elering AS (34 500 €), Tarbijakaitse ja Tehnilise Järelevalve Amet (299 €).

Show all aid records (2)
202034 799 €
GrantorPurposeAmountDate
Tarbijakaitse ja Tehnilise Järelevalve AmetMuu299 €18.12.2020
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)34 500 €29.09.2020

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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