Balti Päikesepargid OÜ

Registered
12440595Private limited company (OÜ)Founded 2013
Tax debt 1225 € as of 10.11.2026.Source: Tax and Customs Board

Key figures

22 389 €−44,8%
Revenue 2025
+42,9%
Average annual growth 2019–2025
0100 k200 k300 k400 k2019202020212022202320242025

Ratios

2025

Summary: Balti Päikesepargid OÜ

What kind of company is it?

Balti Päikesepargid OÜ (registry code 12440595) 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: Lutike küla, Otepää vald, Valga maakond. According to the latest annual report, the main activity is distribution of electricity (EMTAK 35141). The company is registered for VAT (VAT number EE102205318).

How is the company doing financially?

Revenue in financial year 2025 was 22 389 €, down 44,8% on the previous year (40 532 €). From 2019 to 2025, revenue grew by an average of 42,9% per year. Financial year 2025 ended with a loss of 46 321 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 22 389 €. At the end of financial year 2025, total assets were 391 732 € and equity 202 763 € (51,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 6376 €, down 46,7% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1692 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1170 € 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 10.09.2026. 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 20266376 €11692 €
Q2 20263772 €11128 €
Q1 2026371 €11847 €
Q4 20251855 €13244 €
Q3 202511 959 €13398 €
Q2 20254907 €13406 €
Q1 20252135 €12274 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
202319 999 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue77 191169 163301 26540 53222 389
Net profit86 39781 122116 274−31 483−46 321
Retained earnings16 523102 920164 043280 317248 834
Total assets110 850506 260611 224577 238391 732
Total liabilities7680321 968330 657328 154188 969
Total equity103 170184 292280 567249 084202 763
Employees22211
Average gross salary (monthly)4351708226420441759
Calculated dividend0019 99900

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 obligations1 issue1 note5 clear
Register status
Registered
Business Register
Tax debt
1225 €
as of 10.11.2026
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
Filed late: 2023, 2024, 2025
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

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100%Balti Päikesepargid OÜ9+Urmo Lehtveer
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State aid and grants

25 records

State aid and de minimis aid in total 269 917 € (2020–2021). Largest grantors: Elering AS (269 917 €).

Show all aid records (25)
202122 874 €
2020247 043 €
GrantorPurposeAmountDate
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)7440 €31.01.2021
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)15 433 €31.01.2021
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)34 500 €10.12.2020
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)27 600 €02.12.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi72 €30.11.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi40 €30.11.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi176 €31.10.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi187 €31.10.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi370 €15.10.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi340 €15.10.2020
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)9846 €09.09.2020
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)34 500 €09.09.2020
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)26 518 €09.09.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi474 €31.08.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi496 €31.08.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi547 €31.07.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi540 €31.07.2020
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)34 500 €21.07.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi545 €30.06.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi587 €30.06.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi581 €31.05.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi627 €31.05.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi492 €30.04.2020
Elering ASMuu37 100 €23.03.2020
Elering ASMuu36 407 €18.03.2020

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 ↗

Change history

1 change
  • 12.10.2026*Annual report 2025 filed

Entered in the register on 18.03.2013.

Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).

Annual reportsPDF, XBRL

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

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