Conversion Electronics OÜ
RegisteredKey figures
Ratios
2025Summary: Conversion Electronics OÜ
What kind of company is it?
Conversion Electronics OÜ (registry code 12382107) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 13 years. Registered location: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other engineering activities (EMTAK 71129). The company is registered for VAT (VAT number EE101591997).
How is the company doing financially?
Revenue in financial year 2025 was 257 937 €, down 13,2% on the previous year (297 321 €). From 2019 to 2025, revenue declined by an average of 4,8% per year. Net profit for financial year 2025 was 50 140 € (19,4% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 64 484 €. At the end of financial year 2025, total assets were 272 892 € and equity 263 913 € (96,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 86 294 €, up 36,8% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 4928 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1610 € per month.
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 08.06.2026. 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 | 86 294 € | 2 | 4928 € |
| Q2 2026 | 104 382 € | 2 | 4870 € |
| Q1 2026 | 100 718 € | 2 | 4648 € |
| Q4 2025 | 81 825 € | 2 | 4617 € |
| Q3 2025 | 63 096 € | 2 | 3970 € |
| Q2 2025 | 76 936 € | 2 | 13 699 € |
| Q1 2025 | 72 719 € | 4 | 12 333 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 71 500 € (25% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 321 140 | 360 118 | 352 197 | 297 321 | 257 937 |
| Net profit | 180 199 | 68 973 | 81 060 | 129 360 | 50 140 |
| Retained earnings | 115 341 | 195 540 | 171 565 | 153 163 | 211 023 |
| Total assets | 380 112 | 354 630 | 275 844 | 302 106 | 272 892 |
| Total liabilities | 81 822 | 87 367 | 20 469 | 16 833 | 8979 |
| Total equity | 298 290 | 267 263 | 255 375 | 285 273 | 263 913 |
| Employees | 2 | 2 | 3 | 4 | 4 |
| Average gross salary (monthly) | 1326 | 1470 | 1457 | 1372 | 1048 |
| Calculated dividend | 103 130 | 100 000 | 92 948 | 99 462 | 71 500 |
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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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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