Steel Element OÜRegistered
Qualified audit opinion. 2022 report: Qualified.
Key figures
2 713 516 €−49,4%
Revenue 2025
+5,0%
Average annual growth 2019–2025
Ratios
20253,1%
Profit margin
4,7%
EBITDA margin
79,2%
Equity ratio
3,3×
Current ratio
6,2%
Return on equity
1573 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 1 496 389 € | 6 | 14 376 € |
| Q1 2026 | 1 044 538 € | 6 | 14 030 € |
| Q4 2025 | 722 074 € | 6 | 14 059 € |
| Q3 2025 | 856 494 € | 6 | 14 384 € |
| Q2 2025 | 775 501 € | 6 | 14 723 € |
| Q1 2025 | 1 570 889 € | 7 | 13 175 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
No dividends were distributed.
History
20250 €
20240 €
202346 350 €
20220 €
20210 €
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 | 666 482 | 714 225 | 654 158 | 734 290 | 967 315 | 591 229 | 1 116 571 |
| Total non-current assets | 19 695 | 83 690 | 145 200 | 602 615 | 807 947 | 1 067 141 | 607 481 |
| Total assets | 686 177 | 797 915 | 799 358 | 1 336 905 | 1 775 262 | 1 658 370 | 1 724 052 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 394 643 | 385 851 | 216 228 | 289 975 | 477 077 | 377 242 | 336 341 |
| Non-current liabilities | — | 22 179 | 37 779 | 115 731 | 87 638 | 0 | 21 733 |
| Total liabilities | 394 643 | 408 030 | 254 007 | 405 706 | 564 715 | 377 242 | 358 074 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 276 534 | 387 385 | 542 851 | 882 349 | 1 240 808 | 1 278 628 |
| Profit for the year | 291 534 | 110 851 | 155 466 | 385 848 | 325 698 | 37 820 | 84 850 |
| Total equity | 291 534 | 389 885 | 545 351 | 931 199 | 1 210 547 | 1 281 128 | 1 365 978 |
| Income statement | |||||||
| Sales revenue | 2 019 195 | 2 858 354 | 3 096 013 | 3 947 193 | 3 490 181 | 5 364 647 | 2 713 516 |
| Operating profit | 291 511 | 115 119 | 156 221 | 387 453 | 350 547 | 38 669 | 84 531 |
| EBITDA | 291 947 | 128 772 | 178 187 | 421 528 | 387 607 | 94 976 | 127 396 |
| Profit before income tax | 291 534 | 114 601 | 155 466 | 385 848 | 336 849 | 38 870 | 84 850 |
| Profit for the reporting year | 291 534 | 110 851 | 155 466 | 385 848 | 325 698 | 37 820 | 84 850 |
| Labour costs | 25 921 | 170 437 | 122 835 | 178 600 | 163 733 | 132 189 | 145 010 |
| Depreciation of non-current assets | 436 | 13 653 | 21 966 | 34 075 | 37 060 | 56 307 | 42 865 |
| Other indicators | |||||||
| Employees | 1 | 10 | 6 | 9 | 8 | 6 | 7 |
| Calculated dividend | — | — | 0 | 0 | 46 350 | 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.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Manufacture of metal structures and parts