Elermo OÜ

Registered
14448684Private limited company (OÜ)Founded 2018

Key figures

70 839 €−55,4%
Revenue 2025
−11,5%
Average annual change 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Summary: Elermo OÜ

What kind of company is it?

Elermo OÜ (registry code 14448684) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Lubja küla, Viimsi vald, Harju maakond. According to the latest annual report, the main activity is engineering activities and related technical consulting (EMTAK 7112). The company is registered for VAT (VAT number EE102072677).

How is the company doing financially?

Revenue in financial year 2025 was 70 839 €, down 55,4% on the previous year (158 724 €). From 2019 to 2025, revenue declined by an average of 11,5% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 6946 € (9,8% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 70 839 €. At the end of financial year 2025, total assets were 222 950 € and equity 149 046 € (66,9% of assets). Based on labour costs in the report, the estimated average gross salary was about 1270 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 14 332 €, down 0,5% on the same quarter a year earlier. Labour taxes paid in the quarter: 2115 €.

Who runs the company and who owns it?

The company has one management board member. 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 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202614 332 €—2115 €
Q2 202642 078 €—2115 €
Q1 20267241 €—2115 €
Q4 202525 457 €—2115 €
Q3 202514 409 €—2115 €
Q2 202521 117 €—2115 €
Q1 202527 874 €—1879 €

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 8999 € (6% of distributable profit).

History
20258999 €
202436 306 €
202311 999 €
20221081 €
20210 €
20205351 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue80 055106 167118 524158 72470 839
Net profit90544 07063 34675 9096946
Retained earnings13 75513 57945 65072 690139 600
Total assets66 446105 505294 042224 316222 950
Total liabilities49 28645 356182 54673 21773 904
Total equity17 16060 149111 496151 099149 046
Employees21111
Average gross salary (monthly)49859674610801274
Calculated dividend0108111 99936 3068999

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%Elermo OÜ1Olav Harjo
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 5761 € (2020–2021). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (5760 €), Tallinna Linnakantselei (1 €).

Show all aid records (2)
20215760 €
20201 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusInnovatsiooni osak5760 €06.08.2021
Tallinna LinnakantseleiKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"1 €01.04.2020

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

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

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