Scandium Energia AS

Registered
14439521Public limited company (AS)Founded 2018

Key figures

14 275 €−15,4%
Revenue 2025
+44,5%
Average annual growth 2019–2025
010 k20 k30 k2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Scandium Energia AS

What kind of company is it?

Scandium Energia AS (registry code 14439521) is a public limited company (AS). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is distribution of electricity (EMTAK 35141).

How is the company doing financially?

Revenue in financial year 2025 was 14 275 €, down 15,4% on the previous year (16 870 €). From 2019 to 2025, revenue grew by an average of 44,5% per year. Net profit for financial year 2025 was 15 165 € (106% of revenue). 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. At the end of financial year 2025, total assets were 5 520 571 € and equity 5 006 430 € (90,7% of assets).

Who runs the company and who owns it?

The management board has 2 members. The supervisory board has 3 members.

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 25.06.2026. 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 2026——23 €
Q2 2026——543 €
Q1 2026——16 €
Q2 2025——528 €

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
20212022202320242025
Sales revenue985826 42917 85916 87014 275
Net profit−92 2933 002 15644 391−109 80515 165
Retained earnings−6563−98 8562 903 3002 943 9912 834 186
Total assets1 513 9644 851 4955 025 4245 261 3795 520 571
Total liabilities1 610 3203195132 733270 114514 141
Total equity−96 3564 848 3004 892 6914 991 2655 006 430
Employees00000
Calculated dividend00000

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 note7 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
Filed late: 2023
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
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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69,34%Scandium Energia AS9+Scandium Kinnisvara AS6Kalle Aron9+Maido LüisteGreta Lüiste9+Jaak Roosaare5Katrin Aron
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

6 records

State aid and de minimis aid in total 15 450 € (2018–2022). Largest grantors: Elering AS (15 450 €).

Show all aid records (6)
2022995 €
201814 454 €
GrantorPurposeAmountDate
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi34 €31.10.2022
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi88 €30.09.2022
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi133 €31.08.2022
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi330 €31.07.2022
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi410 €20.06.2022
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi14 454 €10.10.2018

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL
YearFiles
2025DDOC/BDOCPDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

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

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