Smartecon OÜRegistered
Key figures
20 229 445 €+24,3%
Revenue 2025
+59,0%
Average annual growth 2019–2025
Ratios
20254,7%
Profit margin
5,4%
EBITDA margin
31,4%
Equity ratio
1,4×
Current ratio
19,6%
Return on equity
4910 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 8 286 980 € | 31 | 256 148 € |
| Q1 2026 | 19 247 389 € | 32 | 130 164 € |
| Q4 2025 | 7 780 546 € | 26 | 212 588 € |
| Q3 2025 | 4 804 934 € | 24 | 288 947 € |
| Q2 2025 | 3 465 142 € | 23 | 178 712 € |
| Q1 2025 | 1 485 734 € | 21 | 204 840 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
No dividends were distributed.
History
20250 €
20240 €
20230 €
20220 €
2021127 910 €
20206487 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 416 651 | 3 477 245 | 2 211 191 | 3 915 274 | 8 769 755 | 5 938 442 | 12 981 386 |
| Total non-current assets | 74 403 | 136 703 | 94 190 | 1 076 042 | 2 314 818 | 1 749 076 | 2 580 270 |
| Total assets | 491 054 | 3 613 948 | 2 305 381 | 4 991 316 | 11 084 573 | 7 687 518 | 15 561 656 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 162 823 | 2 148 814 | 565 869 | 1 657 378 | 5 990 328 | 2 344 219 | 9 298 434 |
| Non-current liabilities | 53 822 | 71 842 | 48 777 | 1 037 652 | 1 694 191 | 1 422 897 | 1 384 142 |
| Total liabilities | 216 645 | 2 220 656 | 614 646 | 2 695 030 | 7 684 519 | 3 767 116 | 10 682 576 |
| Share capital | 2500 | 2500 | 2500 | 3031 | 3031 | 3031 | 3031 |
| Retained earnings of previous periods | 237 616 | 265 422 | 1 262 882 | 1 688 234 | 1 293 786 | 2 397 554 | 2 917 902 |
| Profit for the year | 34 293 | 1 125 370 | 425 353 | −394 448 | 1 103 768 | 520 348 | 958 678 |
| Reserves and other equity | — | — | — | 999 469 | 999 469 | 999 469 | 999 469 |
| Total equity | 274 409 | 1 393 292 | 1 690 735 | 2 296 286 | 3 400 054 | 3 920 402 | 4 879 080 |
| Income statement | |||||||
| Sales revenue | 1 251 256 | 14 888 456 | 2 101 640 | 5 650 963 | 18 625 990 | 16 274 822 | 20 229 445 |
| Operating profit | 45 270 | 1 136 663 | 457 836 | −334 560 | 1 201 117 | 621 649 | 1 027 154 |
| EBITDA | 73 659 | 1 163 091 | 483 491 | −313 816 | 1 231 980 | 753 723 | 1 085 324 |
| Profit before income tax | 39 123 | 1 129 725 | 455 462 | −394 448 | 1 103 768 | 520 348 | 958 678 |
| Profit for the reporting year | 34 293 | 1 125 370 | 425 353 | −394 448 | 1 103 768 | 520 348 | 958 678 |
| Labour costs | 112 425 | 207 468 | 285 162 | 764 080 | 1 205 774 | 1 654 850 | 1 824 969 |
| Depreciation of non-current assets | 28 389 | 26 428 | 25 655 | 20 744 | 30 863 | 132 074 | 58 170 |
| Other indicators | |||||||
| Employees | 7 | 8 | 9 | 17 | 0 | 20 | 23 |
| Calculated dividend | — | 6487 | 127 910 | 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.
Connections graph
Click a node to see its other connections.
CompanyPersonShareholderOther roleAdditional link
Related companies
Same activity — Electrical installation