Elspekt OÜ

Registered
12192105Private limited company (OÜ)Founded 2011

Key figures

322 060 €−56,2%
Revenue 2025
−6,2%
Average annual change 2019–2025
0200 k400 k600 k800 k2019202020212022202320242025

Ratios

2025

Summary: Elspekt OÜ

What kind of company is it?

Elspekt OÜ (registry code 12192105) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 14 years. Registered location: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is electrical installation (EMTAK 4321). The company is registered for VAT (VAT number EE101497253).

How is the company doing financially?

Revenue in financial year 2025 was 322 060 €, down 56,2% on the previous year (734 799 €). From 2019 to 2025, revenue declined by an average of 6,2% per year. Financial year 2025 ended with a loss of 40 936 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 4 employees (5 a year earlier). Revenue per employee was 80 515 €. At the end of financial year 2025, total assets were 177 479 € and equity 4999 € (2,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 47 148 €, down 23,0% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 8059 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1740 € 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.

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 30.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202647 148 €38059 €
Q2 202662 442 €38784 €
Q1 202662 284 €37951 €
Q4 2025148 453 €38928 €
Q3 202561 196 €310 030 €
Q2 202550 879 €411 865 €
Q1 202529 238 €410 841 €

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
20212022202320242025
Sales revenue506 754531 704389 001734 799322 060
Net profit71577192888−8201−40 936
Retained earnings28 94136 05743 24944 13735 935
Total assets117 219164 974150 66693 714177 479
Total liabilities76 121116 725101 52952 778172 480
Total equity41 09848 24949 13740 9364999
Employees44454
Average gross salary (monthly)11221208128514261524
Calculated dividend00000

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
50%50%Elspekt OÜKaia KoitmäeToivo Saar
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies