Simtech OÜ
RegisteredKey figures
Ratios
2024Summary: Simtech OÜ
What kind of company is it?
Simtech OÜ (registry code 11988233) 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: Laane küla, Põhja-Sakala vald, Viljandi maakond. According to the latest annual report, the main activity is electrical installation works (EMTAK 43211). The company is registered for VAT (VAT number EE101393218).
How is the company doing financially?
Revenue in financial year 2024 was 476 270 €, up 15,6% on the previous year (411 980 €). From 2019 to 2024, revenue declined by an average of 16,4% per year. Net profit for financial year 2024 was 115 243 € (24,2% of revenue). The company was profitable in all 6 published financial years. In financial year 2024 the company had 8 employees (7 a year earlier). Revenue per employee was 59 534 €. At the end of financial year 2024, total assets were 858 213 € and equity 748 200 € (87,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 137 370 €, down 3,9% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 12 035 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1190 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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) was filed on 01.12.2025. 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 | 137 370 € | 7 | 12 035 € |
| Q2 2026 | 160 919 € | 7 | 15 731 € |
| Q1 2026 | 197 970 € | 7 | 14 923 € |
| Q4 2025 | 175 221 € | 7 | 17 775 € |
| Q3 2025 | 142 999 € | 8 | 16 813 € |
| Q2 2025 | 155 897 € | 8 | 22 394 € |
| Q1 2025 | 117 676 € | 8 | 10 972 € |
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.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 974 886 | 660 681 | 925 093 | 411 980 | 476 270 |
| Net profit | 61 039 | 75 268 | 131 063 | 44 161 | 115 243 |
| Retained earnings | 319 299 | 379 788 | 455 055 | 585 984 | 630 145 |
| Total assets | 557 632 | 622 066 | 756 718 | 763 395 | 858 213 |
| Total liabilities | 174 482 | 164 198 | 167 788 | 130 438 | 110 013 |
| Total equity | 383 150 | 457 868 | 588 930 | 632 957 | 748 200 |
| Employees | 9 | 7 | 7 | 7 | 8 |
| Average gross salary (monthly) | 1068 | 1211 | 1208 | 1225 | 1206 |
| Calculated dividend | 0 | 550 | 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 obligations2 issues5 clear
Data from public registers, not a credit rating.
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State aid and grants
3 recordsState aid and de minimis aid in total 201 € (2015–2017). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (201 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 28 €* | 14.11.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 74 €* | 12.11.2016 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 99 €* | 12.11.2015 |
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.