ITM Electric OÜ
RegisteredKey figures
Ratios
2025Summary: ITM Electric OÜ
What kind of company is it?
ITM Electric OÜ (registry code 11284762) 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: Vaela küla, Kiili vald, Harju maakond. According to the latest annual report, the main activity is electrical installation works (EMTAK 43211). The company is registered for VAT (VAT number EE101079370).
How is the company doing financially?
Revenue in financial year 2025 was 546 168 €, down 27,2% on the previous year (750 340 €). From 2019 to 2025, revenue grew by an average of 2,8% per year. Net profit for financial year 2025 was 99 428 € (18,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 273 084 €. At the end of financial year 2025, total assets were 874 588 € and equity 804 783 € (92,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 332 327 €, up 75,7% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 1994 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 490 € per month.
Who runs the company and who owns it?
The management board has 2 members. 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 18.05.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 332 327 € | 4 | 1994 € |
| Q2 2026 | 165 340 € | 3 | 4019 € |
| Q1 2026 | 162 999 € | 3 | 4671 € |
| Q4 2025 | 221 213 € | 3 | 4564 € |
| Q3 2025 | 189 175 € | 3 | 4460 € |
| Q2 2025 | 72 211 € | 3 | 4544 € |
| Q1 2025 | 116 619 € | 3 | 5229 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 135 507 € (16% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 507 092 | 1 031 418 | 968 829 | 750 340 | 546 168 |
| Net profit | 141 170 | 289 757 | 317 262 | 216 850 | 99 428 |
| Retained earnings | 180 286 | 221 456 | 449 838 | 621 200 | 702 543 |
| Total assets | 419 422 | 669 484 | 824 018 | 907 202 | 874 588 |
| Total liabilities | 95 154 | 155 459 | 54 106 | 66 340 | 69 805 |
| Total equity | 324 268 | 514 025 | 769 912 | 840 862 | 804 783 |
| Employees | 3 | 3 | 2 | 2 | 2 |
| Average gross salary (monthly) | 1135 | 1199 | 2650 | 2722 | 1310 |
| Calculated dividend | 95 517 | 100 000 | 61 375 | 145 900 | 135 507 |
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 obligations1 note6 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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