Saare Wind Energy OÜ
RegisteredKey figures
Ratios
2024Summary: Saare Wind Energy OÜ
What kind of company is it?
Saare Wind Energy OÜ (registry code 12747106) is a private limited company (OÜ). The company was entered in the Commercial Register in 2014 and has been registered for 12 years. Registered location: Kuressaare linn, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is production of electricity from non-renewable sources (EMTAK 35111). The company is registered for VAT (VAT number EE102261666).
How is the company doing financially?
Revenue in financial year 2024 was 96 €, up 14,3% on the previous year (84 €). From 2019 to 2024, revenue declined by an average of 3,5% per year. Financial year 2024 ended with a loss of 16 340 €. The company was profitable in 3 of the 6 published financial years. According to the report, the company had no employees in financial year 2024. At the end of financial year 2024, total assets were 4 742 256 € and equity 4958 € (0,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 24 €, up 50,0% on the same quarter a year earlier.
Who runs the company and who owns it?
The management board has 3 members. According to the register, the company has 3 owners. The largest stake (35%) is held by Gottlieb OÜ.
What should you look out for?
The annual report for financial year 2025 has not been filed on time. Equity is below half of the share capital (33 000 €); in this case the Commercial Code requires measures to restore equity.
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. Latest register change: 29.10.2026. Financial figures come from annual reports; the latest report (financial year 2024) was filed on 04.07.2025. 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 | 24 € | — | — |
| Q2 2026 | 24 € | — | — |
| Q1 2026 | 11 674 € | — | 0 € |
| Q4 2025 | 32 € | — | — |
| Q3 2025 | 16 € | — | 0 € |
| Q2 2025 | 32 995 € | — | 0 € |
| Q1 2025 | 14 084 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 84 | 84 | 84 | 84 | 96 |
| Net profit | 42 371 | 15 312 | −2199 | −7993 | −16 340 |
| Retained earnings | 990 007 | −16 821 | −1510 | −3709 | −11 702 |
| Total assets | 6 089 550 | 1 500 280 | 3 584 877 | 4 758 149 | 4 742 256 |
| Total liabilities | 24 172 | 1 468 789 | 3 555 586 | 4 736 851 | 4 737 298 |
| Total equity | 6 065 378 | 31 491 | 29 291 | 21 298 | 4958 |
| Employees | 1 | 2 | 2 | 1 | 0 |
| Average gross salary (monthly) | — | 917 | 1047 | 582 | — |
| Calculated dividend | 0 | 1 049 199 | 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.
Risks and obligations1 issue1 note6 clear
Data from public registers, not a credit rating.
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State aid and grants
3 recordsState aid and de minimis aid in total 1119 € (2019–2025). Largest grantors: Riigi Tugiteenuste Keskus (750 €), MTÜ Maakondlikud Arenduskeskused (369 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| MTÜ Maakondlikud Arenduskeskused | Muu | 69 € | 22.04.2025 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 300 € | 12.11.2024 |
| Riigi Tugiteenuste Keskus | Nõustamine VTA | 750 € | 11.09.2019 |
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
3 changes- 09.11.2026*Added: Management board member Roy Anton Niels Van Casteren
- 09.11.2026*Left: Management board member
- 29.10.2026Registry entry changed
Entered in the register on 04.11.2014.
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).