Elex Baltic OÜ
RegisteredKey figures
Ratios
2025Summary: Elex Baltic OÜ
What kind of company is it?
Elex Baltic OÜ (registry code 11259675) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 20 years. Registered location: Pärnamäe küla, Viimsi vald, Harju maakond. According to the latest annual report, the main activity is computer facilities and database management (EMTAK 62202). The company is registered for VAT (VAT number EE101076166).
How is the company doing financially?
Revenue in financial year 2025 was 55 861 €, up 42,3% on the previous year (39 263 €). From 2019 to 2025, revenue grew by an average of 12,5% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 24 268 € (43,4% of revenue). The company was profitable in 5 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 471 061 € and equity 45 984 € (9,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 7737 €, down 21,7% on the same quarter a year earlier.
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 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. The LEI code (984500F5C649CF0D8975) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 7737 € | — | 0 € |
| Q2 2026 | 23 835 € | — | 0 € |
| Q1 2026 | 15 260 € | — | 0 € |
| Q4 2025 | 22 168 € | — | 0 € |
| Q3 2025 | 9875 € | — | 0 € |
| Q2 2025 | 17 176 € | — | 0 € |
| Q1 2025 | 2010 € | — | 0 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 31 484 | 51 259 | 48 681 | 39 263 | 55 861 |
| Net profit | −13 087 | 13 925 | 2671 | −15 879 | 24 268 |
| Retained earnings | 31 657 | 18 570 | 32 368 | 35 039 | 19 160 |
| Total assets | 145 960 | 186 997 | 243 659 | 437 916 | 471 061 |
| Total liabilities | 124 834 | 151 946 | 206 064 | 416 200 | 425 077 |
| Total equity | 21 126 | 35 051 | 37 595 | 21 716 | 45 984 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| 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.
Risks and obligationsAll clear
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
State aid and grants
1 recordState aid and de minimis aid in total 17 747 € (2020). Largest grantors: Elering AS (17 747 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Elering AS | Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43) | 17 747 € | 12.12.2020 |
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
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Bolt Operations OÜ1,5 bn €
- Telia Eesti AS363 m €
- Pipedrive OÜ237 m €
- Elisa Eesti AS224 m €
- pawaTech OÜ101 m €