Elec Engineering OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1 011 184 € | 21 | 61 914 € |
| Q2 2026 | 775 446 € | 19 | 60 824 € |
| Q1 2026 | 710 503 € | 21 | 63 874 € |
| Q4 2025 | 790 918 € | 21 | 83 896 € |
| Q3 2025 | 1 679 687 € | 20 | 84 548 € |
| Q2 2025 | 1 247 779 € | 23 | 59 412 € |
| Q1 2025 | 746 602 € | 18 | 58 097 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 100 000 € (20% 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 | 180 987 | 93 114 | 330 149 | 358 038 | 220 000 | 629 046 | 741 051 |
| Total non-current assets | 12 572 | 9833 | 22 556 | 57 583 | 94 053 | 115 556 | 189 846 |
| Total assets | 193 559 | 102 947 | 352 705 | 415 621 | 314 053 | 744 602 | 930 897 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 91 417 | 48 867 | 139 423 | 195 552 | 112 355 | 232 311 | 333 930 |
| Non-current liabilities | — | — | — | 12 739 | 9972 | 9381 | 5038 |
| Total liabilities | 91 417 | 48 867 | 139 423 | 208 291 | 122 327 | 241 692 | 338 968 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 67 240 | 76 075 | 51 580 | 170 638 | 194 831 | 188 017 | 400 410 |
| Profit for the year | 32 402 | −24 495 | 159 202 | 34 192 | −5605 | 312 393 | 189 019 |
| Total equity | 102 142 | 54 080 | 213 282 | 207 330 | 191 726 | 502 910 | 591 929 |
| Income statement | |||||||
| Sales revenue | 532 938 | 690 207 | 1 387 641 | 1 455 274 | 904 150 | 2 559 561 | 4 035 111 |
| Operating profit | 32 444 | −24 507 | 160 574 | 37 725 | −1827 | 308 719 | 323 918 |
| EBITDA | 36 766 | −21 233 | 164 855 | 48 380 | 9100 | 322 133 | 337 310 |
| Profit before income tax | 32 402 | −24 495 | 160 184 | 41 792 | −2894 | 312 400 | 274 743 |
| Profit for the reporting year | 32 402 | −24 495 | 159 202 | 34 192 | −5605 | 312 393 | 189 019 |
| Labour costs | 162 878 | 317 793 | 551 628 | 732 411 | 467 470 | 588 094 | 849 742 |
| Depreciation of non-current assets | 4322 | 3274 | 4281 | 10 655 | 10 927 | 13 414 | 13 392 |
| Other indicators | |||||||
| Employees | 6 | 11 | 14 | 19 | 16 | 13 | 11 |
| Calculated dividend | — | 23 567 | 0 | 40 144 | 9999 | 1209 | 100 000 |
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
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.
Summary: Elec Engineering OÜ
Overview
Elec Engineering OÜ (registry code 14295619) 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: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is electrical installation works (EMTAK 43211). The company is registered for VAT (VAT number EE101988490).
Financial results
Revenue in financial year 2025 was 4 035 111 €, up 57,6% on the previous year (2 559 561 €). From 2019 to 2025, revenue grew by an average of 40,1% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 189 019 € (4,7% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 11 employees (13 a year earlier). Revenue per employee was 366 828 €. At the end of financial year 2025, total assets were 930 897 € and equity 591 929 € (63,6% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 1 011 184 €, down 39,8% on the same quarter a year earlier. The company had 21 employees in that quarter. Labour taxes paid in the quarter: 61 914 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1890 € 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 01.07.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (9845000A08DNPCFBC122) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.