Nordic Solar Energy Fund Farmi OÜ
RegisteredKey figures
Ratios
2025Summary: Nordic Solar Energy Fund Farmi OÜ
What kind of company is it?
Nordic Solar Energy Fund Farmi OÜ (registry code 14204769) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is production of electricity from solar energy (EMTAK 35123). The company is registered for VAT (VAT number EE101948032).
How is the company doing financially?
Revenue in financial year 2025 was 34 491 €, down 43,9% on the previous year (61 494 €). From 2019 to 2025, revenue grew by an average of 30,4% per year. Financial year 2025 ended with a loss of 78 929 €. The company was profitable in 3 of the 7 published financial years. According to the report, the company had no employees in financial year 2025.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 10 863 €, down 6,8% on the same quarter a year earlier.
Who runs the company and who owns it?
The management board has 2 members. The sole owner of the company is Nordic Solar Energy Fund OÜ.
What should you look out for?
Equity was negative at the end of financial year 2025 (−85 124 €). Equity is below half of the share capital (2500 €); 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. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 06.04.2026. 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 | 10 863 € | — | 0 € |
| Q2 2026 | 9824 € | — | 0 € |
| Q1 2026 | 2066 € | — | 0 € |
| Q4 2025 | 9952 € | — | 0 € |
| Q3 2025 | 11 661 € | — | 0 € |
| Q2 2025 | 10 137 € | — | 0 € |
| Q1 2025 | 2835 € | — | 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 | 40 000 | 76 714 | 0 | 61 494 | 34 491 |
| Net profit | 40 000 | −38 777 | −14 845 | −39 574 | −78 929 |
| Retained earnings | 44 501 | 84 501 | 45 724 | 30 879 | −8695 |
| Total assets | 87 001 | 166 732 | 1 020 987 | 982 447 | 905 704 |
| Total liabilities | — | 118 508 | 987 608 | 988 642 | 990 828 |
| Total equity | 87 001 | 48 224 | 33 379 | −6195 | −85 124 |
| 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 obligations1 issue1 for information5 clear
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- AS Elenger Grupp698 m €
- Elektrilevi OÜ319 m €
- Elering AS301 m €
- Enefit OÜ244 m €
- Enefit Power OÜ182 m €