Ares Elekter OÜ
RegisteredKey figures
Ratios
2025Summary: Ares Elekter OÜ
What kind of company is it?
Ares Elekter OÜ (registry code 11927237) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is electrical installation (EMTAK 4321). The company is registered for VAT (VAT number EE101365505).
How is the company doing financially?
Revenue in financial year 2025 was 41 105 €, down 44,0% on the previous year (73 383 €). From 2019 to 2025, revenue declined by an average of 4,5% per year. Net profit for financial year 2025 was 607 € (1,5% 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 123 849 € and equity 82 532 € (66,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 16 519 €, up 99,2% 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 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 16 519 € | — | 0 € |
| Q2 2026 | 7482 € | — | 0 € |
| Q1 2026 | 6264 € | — | 0 € |
| Q4 2025 | 9740 € | — | 0 € |
| Q3 2025 | 8292 € | — | 0 € |
| Q2 2025 | 7604 € | — | 0 € |
| Q1 2025 | 16 888 € | — | 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 | 32 759 | 103 162 | 40 435 | 73 383 | 41 105 |
| Net profit | −21 471 | 33 530 | 8323 | 19 532 | 607 |
| Retained earnings | 39 199 | 17 728 | 51 258 | 59 581 | 79 113 |
| Total assets | 24 066 | 55 380 | 64 119 | 127 256 | 123 849 |
| Total liabilities | 3526 | 1310 | 1726 | 45 331 | 41 317 |
| Total equity | 20 540 | 54 070 | 62 393 | 81 925 | 82 532 |
| 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.
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State aid and grants
2 recordsState aid and de minimis aid in total 435 € (2024–2025). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (435 €).
Show all aid records (2)
The total also includes 2 tax reductions worth 435 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.
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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