Elmaa Elekter AS

Registered
14371906Public limited company (AS)Founded 2017

Key figures

165 652 €−55,4%
Revenue 2025
−7,1%
Average annual change 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025

Summary: Elmaa Elekter AS

What kind of company is it?

Elmaa Elekter AS (registry code 14371906) is a public limited company (AS). The company was entered in the Commercial Register in 2017 and has been registered for 8 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is construction of utility projects for electricity and telecommunications (EMTAK 42221). The company is registered for VAT (VAT number EE102064229).

How is the company doing financially?

Revenue in financial year 2025 was 165 652 €, down 55,4% on the previous year (371 819 €). From 2019 to 2025, revenue declined by an average of 7,1% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 61 111 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 55 217 €. At the end of financial year 2025, total assets were 82 576 € and equity 49 695 € (60,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 80 018 €, up 61,7% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 8880 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1890 € per month.

Who runs the company and who owns it?

The company has one management board member. The supervisory board has 3 members. The sole owner of the company is a private individual.

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 29.06.2026. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202680 018 €38880 €
Q2 202640 574 €38523 €
Q1 202663 294 €410 418 €
Q4 202520 366 €39464 €
Q3 202549 474 €310 814 €
Q2 202535 700 €28730 €
Q1 202568 636 €27932 €

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 4000 € (4% of distributable profit).

History
20254000 €
202431 183 €
2023 ~57 883 €
202220 430 €
202160 000 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue522 702354 079510 761371 819165 652
Net profit26 77314 520109 25028 078−61 111
Retained earnings20 68127 024−16 33961 72885 806
Total assets109 483161 754165 552154 08482 576
Total liabilities37 02995 21047 64139 27832 881
Total equity72 45466 544117 911114 80649 695
Employees42223
Average gross salary (monthly)17302954190121291844
Calculated dividend60 00020 43057 88331 1834000

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
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)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Elmaa Elekter ASMihhail NikitinAleksandr NikitinAleksei Nikitin1Vadim Rogatkin
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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