TUGE Energia OÜ

Registered
12764398Private limited company (OÜ)Founded 2014

Key figures

432 859 €+64,2%
Revenue 2025
+4,8%
Average annual growth 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025

Summary: TUGE Energia OÜ

What kind of company is it?

TUGE Energia OÜ (registry code 12764398) is a private limited company (OÜ). The company was entered in the Commercial Register in 2014 and has been registered for 11 years. Registered location: Tänassilma küla, Saku vald, Harju maakond. According to the latest annual report, the main activity is manufacture of engines and turbines, except aircraft, vehicle and cycle engines (EMTAK 28111). The company is registered for VAT (VAT number EE101761138).

How is the company doing financially?

Revenue in financial year 2025 was 432 859 €, up 64,2% on the previous year (263 672 €). From 2019 to 2025, revenue grew by an average of 4,8% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 8356 € (1,9% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 2 employees (0 a year earlier). Revenue per employee was 216 430 €. At the end of financial year 2025, total assets were 1 169 946 € and equity 790 328 € (67,6% of assets). Based on labour costs in the report, the estimated average gross salary was about 350 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 4462 €, down 97,3% on the same quarter a year earlier.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 5 owners. The largest stake (65%) is held by TUGE Assets Management OÜ.

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 26.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20264462 €—0 €
Q2 20266265 €—0 €
Q1 202617 214 €—166 €
Q4 202544 127 €3615 €
Q3 2025165 987 €32938 €
Q2 2025248 489 €31399 €
Q1 2025187 977 €20 €

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

Summary of financial statements2021–2025
20212022202320242025
Sales revenue11 65731 958158 594263 672432 859
Net profit−104 042340 37341 104596 3418356
Retained earnings−236 303−340 3452741 131637 472
Total assets239 030239 349267 0171 252 1131 169 946
Total liabilities576 875236 821223 386470 141379 618
Total equity−337 845252843 631781 972790 328
Employees00002
Average gross salary (monthly)————346
Calculated dividend00000

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
Register status
Registered
Business Register
Tax debt
None
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
All on time
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

Click a node to see its other connections.

65%20%10%2,52%2,48%TUGE Energia OÜTUGE Assets Managemen…2Renee Peter Padar1Strategio OÜOsaühing EW Investmen…1Vello Kiil6Indrek Gregor5Lauri Kurvits
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

11 records

State aid and de minimis aid in total 73 088 € (2016–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (71 642 €), Riigi Tugiteenuste Keskus (1446 €).

Show all aid records (11)
2025201 €
201992 €
20181354 €
201711 444 €
201659 997 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusT&A VTA201 €03.10.2025
Riigi Tugiteenuste KeskusMuu92 €29.03.2019
Riigi Tugiteenuste KeskusMuu336 €07.12.2018
Riigi Tugiteenuste KeskusMuu275 €17.10.2018
Riigi Tugiteenuste KeskusMuu123 €07.09.2018
Riigi Tugiteenuste KeskusMuu225 €08.06.2018
Riigi Tugiteenuste KeskusMuu395 €19.04.2018
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA10 440 €06.04.2017
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA1004 €07.02.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu40 295 €25.08.2016
Ettevõtluse ja Innovatsiooni SihtasutusArendusosak19 702 €15.01.2016

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 ↗

Annual reportsPDF, XBRL

Loading list of reports…

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

Related companies

Largest in the same sector — Manufacturing
Same activity — Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
Same address

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