Powergen OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 39 412 € | 1 | 3183 € |
| Q2 2026 | 352 055 € | 1 | 3194 € |
| Q1 2026 | 637 098 € | 1 | 3267 € |
| Q4 2025 | 64 787 € | 1 | 3856 € |
| Q3 2025 | 244 640 € | 1 | 3663 € |
| Q2 2025 | 211 184 € | 1 | 5488 € |
| Q1 2025 | 330 737 € | 2 | 6352 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
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 | 56 825 | 54 791 | 105 015 | 172 267 | 2 388 484 | 1 163 726 | 1 263 414 |
| Total non-current assets | — | — | — | 4056 | 3120 | 66 070 | 21 438 |
| Total assets | 56 825 | 54 791 | 105 015 | 176 323 | 2 391 604 | 1 229 796 | 1 284 852 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 54 039 | 52 128 | 101 840 | 120 740 | 1 367 695 | 123 721 | 214 369 |
| Non-current liabilities | — | — | — | — | — | 45 364 | 0 |
| Total liabilities | 54 039 | 52 128 | 101 840 | 120 740 | 1 367 695 | 169 085 | 214 369 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 2142 | 97 | −27 | 485 | 46 442 | 1 021 219 | 1 058 021 |
| Profit for the year | −2046 | −124 | 512 | 52 408 | 974 777 | 36 802 | 9772 |
| Reserves and other equity | 190 | 190 | 190 | 190 | 190 | 190 | 190 |
| Total equity | 2786 | 2663 | 3175 | 55 583 | 1 023 909 | 1 060 711 | 1 070 483 |
| Income statement | |||||||
| Sales revenue | 9300 | 5148 | 9650 | 235 726 | 1 599 995 | 502 208 | 986 771 |
| Operating profit | −1283 | −124 | 512 | 58 006 | 979 993 | 31 116 | −2826 |
| EBITDA | — | — | — | 58 630 | 980 929 | 41 042 | 65 600 |
| Profit before income tax | −2046 | −124 | 512 | 52 408 | 976 389 | 36 802 | 9772 |
| Profit for the reporting year | −2046 | −124 | 512 | 52 408 | 974 777 | 36 802 | 9772 |
| Labour costs | 0 | 0 | 0 | 0 | 22 429 | 44 222 | 42 438 |
| Depreciation of non-current assets | — | — | — | 624 | 936 | 9926 | 68 426 |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 0 | 1 | 2 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 6451 | 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 note4 clear
Data from public registers, not a credit rating.
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Public procurement
4 contractsPublic contracts won worth 2 569 315 € from 3 contracting authorities (09.10.2024–22.09.2025).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Tapa linnaku elektrivarustuse toimepidevuse parendamine | Riigi Kaitseinvesteeringute Keskus | 1 158 420 € | 22.09.2025 |
| Tallinn Kase 61, Sisekaitseakadeemia varutoite ehitustööd | Riigi Kinnisvara Aktsiaselts | 918 500 € | 29.07.2025 |
| Generaatori hankimine Tartu Vanglasse · joint bid | Riigi Kinnisvara Aktsiaselts | 179 900 € | 14.11.2024 |
| Generaatorite hankimine ja paigaldamine sõltumatu elektritoite tagamiseks osa II | Tallinna Linnavaraamet | 312 495 € | 09.10.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Powergen OÜ
Overview
Powergen OÜ (registry code 14356108) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 8 years. Registered location: Lehmja küla, Rae vald, Harju maakond. According to the latest annual report, the main activity is installation of industrial machinery and equipment (EMTAK 33201). The company is registered for VAT (VAT number EE102017221).
Financial results
Revenue in financial year 2025 was 986 771 €, up 96,5% on the previous year (502 208 €). From 2019 to 2025, revenue grew by an average of 118% per year. Net profit for financial year 2025 was 9772 € (1,0% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 986 771 €. At the end of financial year 2025, total assets were 1 284 852 € and equity 1 070 483 € (83,3% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 39 412 €, down 83,9% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 3183 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2020 € 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.