ELEON AS
RegisteredKey figures
Ratios
2024/25Summary: ELEON AS
What kind of company is it?
ELEON AS (registry code 11456200) is a public limited company (AS). The company was entered in the Commercial Register in 2007 and has been registered for 18 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is renting and leasing of other machinery, equipment and tangible goods n.e.c. (EMTAK 77399). The company is registered for VAT (VAT number EE101360380).
How is the company doing financially?
Revenue in financial year 2024/25 was 458 037 €, down 15,6% on the previous year (542 548 €). From 2019/20 to 2024/25, revenue declined by an average of 6,6% per year. This is the company's lowest revenue among the published years (2019/20–2024/25). Net profit for financial year 2024/25 was 833 686 € (182% of revenue). The company was profitable in 2 of the 6 published financial years. In financial year 2024/25 the company had 3 employees (2 a year earlier). Revenue per employee was 152 679 €. At the end of financial year 2024/25, total assets were 9 395 036 € and equity 7 742 245 € (82,4% of assets). Based on labour costs in the report, the estimated average gross salary was about 680 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 78 163 €, down 68,1% on the same quarter a year earlier.
Who runs the company and who owns it?
The company has one management board member. The supervisory board has 3 members. The sole owner of the company is ELEON VARA OÜ.
What should you look out for?
The annual report for financial year 2025 has not been filed on time. Equity is below half of the share capital (105 340 400 €); in this case the Commercial Code requires measures to restore equity.
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 2024/25) was filed on 31.12.2025. 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 | 78 163 € | — | 0 € |
| Q2 2026 | 775 665 € | — | 0 € |
| Q1 2026 | 886 677 € | — | 0 € |
| Q4 2025 | 509 478 € | — | 1972 € |
| Q3 2025 | 245 228 € | 1 | 2957 € |
| Q2 2025 | 4 590 298 € | 1 | 2698 € |
| Q1 2025 | 221 789 € | 1 | 3029 € |
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.
Equity decreased by 100 383 029 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.
Summary of financial statements2020–2024
| 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|---|
| Sales revenue | 1 551 603 | 573 275 | 576 823 | 542 548 | 458 037 |
| Net profit | 832 404 | −1 505 842 | −148 786 | −211 447 | 833 686 |
| Retained earnings | 2 896 024 | 3 618 427 | 2 070 966 | 1 922 180 | 1 710 733 |
| Total assets | 111 937 844 | 110 213 394 | 110 076 274 | 109 441 779 | 9 395 036 |
| Total liabilities | 2 670 181 | 2 561 574 | 2 573 239 | 2 150 191 | 1 652 791 |
| Total equity | 109 267 663 | 107 651 820 | 107 503 035 | 107 291 588 | 7 742 245 |
| Employees | 6 | 3 | 3 | 2 | 3 |
| Average gross salary (monthly) | 1581 | 1816 | 1708 | 1672 | 681 |
| Calculated dividend | 18 500 | 110 001 | 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 obligations1 issue1 note1 for information5 clear
Data from public registers, not a credit rating.
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State aid and grants
7 recordsState aid and de minimis aid in total 11 655 549 € (2016–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (11 655 549 €).
Show all aid records (7)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Investeeringuteks ettenähtud regionaalabi (artikkel 14) | 4 318 695 € | 26.03.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus | 4 266 900 € | 26.03.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | VKEdele antav innovatsiooniabi (artikkel 28) | 75 000 € | 26.03.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringud | 1 976 100 € | 10.06.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus | 965 209 € | 11.01.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | VKEdele antav innovatsiooniabi (artikkel 28) | 13 350 € | 11.01.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 40 295 € | 25.08.2016 |
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.