Ignitis Eesti OÜRegistered
Key figures
Ratios
Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 5 237 946 € | 17 | 142 989 € |
| Q2 2026 | 13 868 053 € | 16 | 161 668 € |
| Q1 2026 | 46 633 143 € | 17 | 134 502 € |
| Q4 2025 | 1 598 634 € | 18 | 130 173 € |
| Q3 2025 | 126 646 € | 16 | 118 572 € |
| Q2 2025 | 146 824 € | 15 | 111 128 € |
| Q1 2025 | 134 504 € | 13 | 93 656 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 † | 2020 † | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 78 465 | 177 728 | 228 640 | 44 834 | 2 039 207 | 654 562 | — |
| Total non-current assets | — | — | — | — | — | 5 918 193 | — |
| Total assets | 78 465 | 177 728 | 228 640 | 44 834 | 2 039 207 | 6 572 755 | 17 673 911 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 36 149 | — | 232 734 | 51 584 | 159 224 | 5 454 387 | — |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 36 149 | — | 232 734 | 51 584 | 159 224 | 5 454 387 | — |
| Share capital | 35 000 | 35 000 | 35 000 | 35 000 | 85 000 | 170 000 | — |
| Retained earnings of previous periods | 11 999 | 7317 | 56 463 | −39 094 | −41 750 | −205 017 | — |
| Profit for the year | −4683 | 49 146 | −95 557 | −2656 | −163 267 | −761 615 | — |
| Reserves and other equity | — | — | — | — | 2 000 000 | 1 915 000 | — |
| Total equity | 42 316 | 91 463 | −4094 | −6750 | 1 879 983 | 1 118 368 | — |
| Income statement | |||||||
| Sales revenue | 100 122 | 766 974 | 330 019 | 9873 | 4173 | 2956 | 1 427 051 |
| Operating profit | −4683 | 49 168 | −94 178 | −1024 | −159 709 | −705 487 | — |
| Profit before income tax | −4683 | 49 146 | −95 557 | −2656 | −163 267 | −761 615 | — |
| Profit for the reporting year | −4683 | 49 146 | −95 557 | −2656 | −163 267 | −761 615 | — |
| Labour costs | — | — | 0 | 0 | 112 720 | 474 501 | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 0 | 6 | 7 | 18 |
| Calculated dividend | — | — | — | 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. † Figures for the marked years come from a report filed as PDF and may be incomplete.
Risks and obligations1 note5 clear
Data from public registers, not a credit rating.
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Public procurement
19 contractsPublic contracts won worth 20 626 006 € from 18 contracting authorities (27.05.2025–15.07.2026). Plus 4 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Märjamaa vallale elektrienergia ost | Märjamaa Vallavalitsus | up to 600 000 € | 15.07.2026 |
| Elektrienergia | Sihtasutus Viljandi Haigla | 1 412 880 € | 08.07.2026 |
| Alutaguse valla elektrienergia ost 2026/2027 | Alutaguse Vallavalitsus | 2 € | 26.06.2026 |
| Elektrienergia ostmine | Tallinna Ülikool | 3 000 000 € | 05.06.2026 |
| AHHAA elektrienergia 2026-2027 | Sihtasutus Teaduskeskus Ahhaa | 61 500 € | 24.04.2026 |
| Elektrienergia ostmine Kambja vallale | Kambja Vallavalitsus | 209 095 € | 02.04.2026 |
| Elektrisõidukite avaliku laadimistaristu teenus Tallinnas · Laagna tee T12 | Tallinna Keskkonna- ja Kommunaalamet | 150 € | 01.04.2026 |
| Elektrisõidukite avaliku laadimistaristu teenus Tallinnas · Jõesuu tee 3 | Tallinna Keskkonna- ja Kommunaalamet | 150 € | 01.04.2026 |
The company is itself a contracting authority: 1 tenders. View tenders →
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Ignitis Eesti OÜ
Overview
Ignitis Eesti OÜ (registry code 12433862) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 13 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is elektrienergia müük (EMTAK 35151). The company is registered for VAT (VAT number EE101630829).
Financial results
Revenue in financial year 2025 was 1 427 051 €, up 48 176% on the previous year (2956 €). From 2019 to 2025, revenue grew by an average of 55,7% per year. This is the company's highest revenue among the published years (2019–2025). Financial year 2024 ended with a loss of 761 615 €. The company was profitable in 1 of the 6 published financial years. In financial year 2025 the company had 18 employees (7 a year earlier). Revenue per employee was 79 281 €. At the end of financial year 2024, total assets were 6 572 755 € and equity 1 118 368 € (17,0% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 5 237 946 €, up 4036% on the same quarter a year earlier. The company had 17 employees in that quarter. Labour taxes paid in the quarter: 142 989 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 4990 € per month.
Management and owners
The management board has 3 members. The sole owner of the company is UAB Ignitis.
Data sources and freshness
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 10.07.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (5299008MDBRECZ5GC296) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.