Spark Solutions OÜRegistered

14281103Private limited company (OÜ)Founded 2017

Key figures

564 528 €+62,4%
Revenue 2025
+39,9%
Average annual growth 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026164 989 €312 045 €
Q2 202669 597 €311 996 €
Q1 2026242 698 €313 084 €
Q4 202574 228 €312 487 €
Q3 202594 445 €312 487 €
Q2 2025159 487 €312 565 €
Q1 202580 171 €312 143 €

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

Dividends

calculated
2025

Distributed as dividends 18 000 € (14% of distributable profit).

History
202518 000 €
202416 999 €
202317 000 €
202215 001 €
20210 €
20200 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets621431 52347 766141 638440 449136 760106 533
Total non-current assets——807425 08144 18539 01831 621
Total assets621431 52355 840166 719484 634175 778138 154
Balance sheet — liabilities and equity
Current liabilities322810 35912 97964 903253 92440 28839 962
Non-current liabilities———————
Total liabilities322810 35912 97964 903253 92440 28839 962
Share capital2500250025002500250025002500
Retained earnings of previous periods127248618 66425 36082 316211 211114 990
Profit for the year−78618 17821 69773 956145 894−78 221−19 298
Total equity298621 16442 861101 816230 710135 49098 192
Income statement
Sales revenue75 277169 624309 401466 4891 006 369347 522564 528
Operating profit−78618 62821 69777 871150 097−74 159−13 380
EBITDA——22 14682 035155 547−66 667−5983
Profit before income tax−78618 17821 69777 706150 058−74 155−14 221
Profit for the reporting year−78618 17821 69773 956145 894−78 221−19 298
Labour costs12 83821 67944 09659 82074 036102 699112 134
Depreciation of non-current assets——4494164545074927397
Other indicators
Employees1122233
Calculated dividend—0015 00117 00016 99918 000

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 note4 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)
Annual report filing
3/3 filed
Filed late: 2024
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%Spark Solutions OÜLeho Säde
CompanyPersonShareholderOther roleAdditional link

Public procurement

8 contracts

Public contracts won worth 728 467 € from 5 contracting authorities (24.08.2023–12.03.2026).

Source: Public Procurement Register open data from October 2023. All public tenders

Summary: Spark Solutions OÜ

Overview

Spark Solutions OÜ (registry code 14281103) 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: Alliku küla, Saue vald, Harju maakond. According to the latest annual report, the main activity is elektrimaterjalide, -tarvikute ja -seadmete, k.a kaablite hulgimüük (EMTAK 46643). The company is registered for VAT (VAT number EE101987268).

Financial results

Revenue in financial year 2025 was 564 528 €, up 62,4% on the previous year (347 522 €). From 2019 to 2025, revenue grew by an average of 39,9% per year. Financial year 2025 ended with a loss of 19 298 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 188 176 €. At the end of financial year 2025, total assets were 138 154 € and equity 98 192 € (71,1% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 164 989 €, up 74,7% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 12 045 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2490 € 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.

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