Modern Electronics OÜ
RegisteredKey figures
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2025Summary: Modern Electronics OÜ
What kind of company is it?
Modern Electronics OÜ (registry code 12813582) is a private limited company (OÜ). The company was entered in the Commercial Register in 2015 and has been registered for 11 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of electronic and telecommunications equipment and parts (EMTAK 46503). The company is registered for VAT (VAT number EE101807733).
How is the company doing financially?
Revenue in financial year 2025 was 154 551 586 €, down 10,0% on the previous year (171 808 970 €). From 2019 to 2025, revenue grew by an average of 112% per year. Net profit for financial year 2025 was 1 373 714 € (0,9% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 154 551 586 €. At the end of financial year 2025, total assets were 40 167 559 € and equity 7 819 196 € (19,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 182 428 €, up 362% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1169 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 880 € 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 27.08.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 182 428 € | 1 | 1169 € |
| Q2 2026 | 225 194 € | 1 | 701 € |
| Q1 2026 | 225 700 € | 1 | 701 € |
| Q4 2025 | 171 448 € | 1 | 701 € |
| Q3 2025 | 39 512 € | 1 | 701 € |
| Q2 2025 | 153 250 € | 1 | 701 € |
| Q1 2025 | 174 804 € | 1 | 1259 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 59 176 617 | 174 164 928 | 91 510 410 | 171 808 970 | 154 551 586 |
| Net profit | 866 673 | 3 639 201 | −92 267 | 1 663 950 | 1 373 714 |
| Retained earnings | 365 425 | 1 232 098 | 4 871 299 | 4 779 032 | 6 442 982 |
| Total assets | 6 123 565 | 22 413 063 | 17 010 351 | 28 889 868 | 40 167 559 |
| Total liabilities | 4 888 967 | 17 539 264 | 12 228 819 | 22 444 386 | 32 348 363 |
| Total equity | 1 234 598 | 4 873 799 | 4 781 532 | 6 445 482 | 7 819 196 |
| Employees | 1 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 444 | 456 | 482 | 482 | 506 |
| Calculated dividend | 0 | 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.
Risks and obligations2 notes5 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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