Artec Elekter OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 288 234 € | 11 | 36 735 € |
| Q2 2026 | 207 800 € | 11 | 33 886 € |
| Q1 2026 | 182 396 € | 10 | 32 031 € |
| Q4 2025 | 322 626 € | 10 | 35 079 € |
| Q3 2025 | 188 764 € | 9 | 34 214 € |
| Q2 2025 | 154 612 € | 11 | 34 980 € |
| Q1 2025 | 149 739 € | 12 | 32 582 € |
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.
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 | 273 596 | 265 726 | 324 609 | 342 360 | 419 750 | 318 234 | 307 210 |
| Total non-current assets | 13 300 | 7846 | 19 791 | 21 570 | 11 217 | 92 974 | 88 578 |
| Total assets | 286 896 | 273 572 | 344 400 | 363 930 | 430 967 | 411 208 | 395 788 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 58 662 | 87 680 | 152 433 | 73 317 | 67 260 | 82 819 | 72 884 |
| Non-current liabilities | 0 | — | — | — | — | — | — |
| Total liabilities | 58 662 | 87 680 | 152 433 | 73 317 | 67 260 | 82 819 | 72 884 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 273 978 | 225 082 | 183 080 | 189 155 | 277 801 | 360 895 | 325 577 |
| Profit for the year | −48 556 | −42 002 | 6075 | 98 646 | 83 094 | −35 318 | −5485 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 228 234 | 185 892 | 191 967 | 290 613 | 363 707 | 328 389 | 322 904 |
| Income statement | |||||||
| Sales revenue | 663 886 | 721 344 | 1 157 125 | 1 083 506 | 1 006 556 | 863 308 | 838 128 |
| Operating profit | −39 928 | −48 996 | 1504 | 98 719 | 86 180 | −32 208 | −2534 |
| EBITDA | −37 933 | −47 060 | 3068 | 101 231 | 88 210 | −24 350 | 8609 |
| Profit before income tax | −44 806 | −42 002 | 6075 | 98 646 | 85 594 | −35 318 | −5485 |
| Profit for the reporting year | −48 556 | −42 002 | 6075 | 98 646 | 83 094 | −35 318 | −5485 |
| Labour costs | 290 645 | 356 646 | 316 314 | 242 532 | 288 224 | 310 462 | 332 352 |
| Depreciation of non-current assets | 1995 | 1936 | 1564 | 2512 | 2030 | 7858 | 11 143 |
| Other indicators | |||||||
| Employees | 12 | 14 | 14 | 11 | 10 | 10 | 10 |
| Calculated dividend | — | 0 | 0 | 0 | 10 000 | 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
Summary: Artec Elekter OÜ
Overview
Artec Elekter OÜ (registry code 11390286) is a private limited company (OÜ). The company was entered in the Commercial Register in 2007 and has been registered for 19 years. Registered location: Kristiine linnaosa, Tallinn, 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 EE101148379).
Financial results
Revenue in financial year 2025 was 838 128 €, down 2,9% on the previous year (863 308 €). From 2019 to 2025, revenue grew by an average of 4,0% per year. Financial year 2025 ended with a loss of 5485 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 10 employees. Revenue per employee was 83 813 €. At the end of financial year 2025, total assets were 395 788 € and equity 322 904 € (81,6% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 288 234 €, up 52,7% on the same quarter a year earlier. The company had 11 employees in that quarter. Labour taxes paid in the quarter: 36 735 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2110 € per month.
Management and owners
The company has one management board member. The sole owner of the company is 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 29.06.2026. 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.