OÜ ElektrifyRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 115 683 € | 3 | 7012 € |
| Q2 2026 | 82 559 € | 3 | 6081 € |
| Q1 2026 | 88 606 € | 3 | 4583 € |
| Q4 2025 | 85 931 € | 3 | 5506 € |
| Q3 2025 | 164 998 € | 2 | 5506 € |
| Q2 2025 | 129 075 € | 2 | 5506 € |
| Q1 2025 | 82 885 € | 2 | 5206 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 82 928 € (28% of distributable profit).
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 14 528 | 52 712 | 153 250 | 184 633 | 236 996 | 211 859 | 400 262 |
| Total non-current assets | 3305 | 14 635 | 0 | 17 256 | 32 104 | 95 014 | 77 739 |
| Total assets | 17 833 | 67 347 | 153 250 | 201 889 | 269 100 | 306 873 | 478 001 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 4175 | 17 867 | 19 608 | 7950 | 13 608 | 8431 | 15 688 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 4175 | 17 867 | 19 608 | 7950 | 13 608 | 8431 | 15 688 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 9475 | 11 590 | 43 898 | 81 142 | 121 439 | 157 993 | 213 014 |
| Profit for the year | 1683 | 35 390 | 87 244 | 110 297 | 131 553 | 137 949 | 246 799 |
| Total equity | 13 658 | 49 480 | 133 642 | 193 939 | 255 492 | 298 442 | 462 313 |
| Income statement | |||||||
| Sales revenue | 90 609 | 155 516 | 232 308 | 300 212 | 328 582 | 334 133 | 479 255 |
| Operating profit | 1683 | 35 389 | 87 238 | 119 000 | 144 087 | 156 560 | 261 974 |
| EBITDA | 1930 | 36 043 | 87 238 | 119 194 | 145 589 | 158 650 | 262 734 |
| Profit before income tax | 1683 | 35 390 | 87 244 | 122 797 | 148 766 | 161 011 | 270 773 |
| Profit for the reporting year | 1683 | 35 390 | 87 244 | 110 297 | 131 553 | 137 949 | 246 799 |
| Labour costs | 22 478 | 22 478 | 42 986 | 36 573 | 41 878 | 43 307 | 53 788 |
| Depreciation of non-current assets | 247 | 654 | 0 | 194 | 1502 | 2090 | 760 |
| Other indicators | |||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 3082 | 50 000 | 70 000 | 94 999 | 82 928 |
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.
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Public procurement
3 contractsPublic contracts won worth 35 012 € from 3 contracting authorities (11.12.2024–31.08.2026). Plus 2 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Haapsalu universaalhalli valgustuse vahetus | Osaühing Haapsalu Linna Spordibaasid | 35 012 € | 31.08.2026 |
| Tartu linna omandis oleva kinnisvara ehitus- ja remonttööde raamhange · Tugevvoolutööd hoonetes | Tartu Linnavalitsus | up to 1 200 000 € | 16.04.2026 |
| Toitelahenduste paigaldamine | Riigi Infosüsteemi Amet | up to 800 000 € | 11.12.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: OÜ Elektrify
Overview
OÜ Elektrify (registry code 14196107) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is electrical installation works (EMTAK 43211). The company is registered for VAT (VAT number EE101951812).
Financial results
Revenue in financial year 2025 was 479 255 €, up 43,4% on the previous year (334 133 €). From 2019 to 2025, revenue grew by an average of 32,0% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 246 799 € (51,5% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 239 628 €. At the end of financial year 2025, total assets were 478 001 € and equity 462 313 € (96,7% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 115 683 €, down 29,9% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 7012 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1540 € per month.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
Data sources and freshness
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 30.06.2026. 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.