Elect Projects OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Elect Projects OÜ
What kind of company is it?
Elect Projects OÜ (registry code 14115853) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 10 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is business and other management consultancy (EMTAK 70201).
How is the company doing financially?
Revenue in financial year 2025 was 981 090 €, up 109% on the previous year (468 821 €). From 2019 to 2025, revenue grew by an average of 111% per year. This is the company's highest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 19 916 €. The company was profitable in 6 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 145 181 € and equity 126 011 € (86,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q2 2026 was 105 779 €, up 83 852% on the same quarter a year earlier.
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 09.03.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q2 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 |
|---|---|---|---|
| Q2 2026 | 105 779 € | — | — |
| Q1 2026 | 60 € | — | 0 € |
| Q4 2025 | 542 980 € | — | — |
| Q3 2025 | 438 296 € | — | 0 € |
| Q2 2025 | 126 € | — | 0 € |
| Q1 2025 | 40 € | — | 0 € |
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 | 11 783 | 19 896 | 39 704 | 468 821 | 981 090 |
| Net profit | 3976 | 2410 | 15 948 | 98 808 | −19 916 |
| Retained earnings | 22 286 | 26 262 | 28 672 | 44 620 | 143 427 |
| Total assets | 28 762 | 32 805 | 47 627 | 157 916 | 145 181 |
| Total liabilities | 0 | 1633 | 507 | 11 989 | 19 170 |
| Total equity | 28 762 | 31 172 | 47 120 | 145 927 | 126 011 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| 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 obligationsAll clear
Data from public registers, not a credit rating.
Connections graph
Change history
1 change- 12.10.2026*Left: Contact person Xolo OÜ
Entered in the register on 18.09.2016.
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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