Svelec OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 17 919 € | 1 | 2017 € |
| Q2 2026 | 22 960 € | 1 | 798 € |
| Q1 2026 | 10 370 € | 1 | 859 € |
| Q4 2025 | 7860 € | 1 | 1510 € |
| Q3 2025 | 7420 € | 1 | 672 € |
| Q2 2025 | 8121 € | 1 | 885 € |
| Q1 2025 | 15 661 € | 1 | 342 € |
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 | 4769 | 8921 | 8194 | 6551 | 6350 | 12 212 | 6031 |
| Total non-current assets | 26 325 | 23 625 | 20 925 | 18 225 | 15 525 | 26 353 | 21 437 |
| Total assets | 31 094 | 32 546 | 29 119 | 24 776 | 21 875 | 38 565 | 27 468 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 21 982 | 2630 | 1780 | 2929 | 335 | 5107 | 4276 |
| Non-current liabilities | — | 13 706 | 7820 | 0 | 0 | 17 717 | 20 265 |
| Total liabilities | 21 982 | 16 336 | 9600 | 2929 | 335 | 22 824 | 24 541 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 6612 | 13 710 | 17 018 | 19 347 | 21 540 | 13 241 |
| Profit for the year | 6612 | 7099 | 3308 | 2329 | 2193 | −8299 | −12 814 |
| Reserves and other equity | — | — | — | — | −2500 | — | — |
| Total equity | 9112 | 16 210 | 19 519 | 21 847 | 21 540 | 15 741 | 2927 |
| Income statement | |||||||
| Sales revenue | 35 562 | 47 987 | 59 136 | 64 143 | 51 138 | 22 447 | 32 241 |
| Operating profit | 6902 | 7100 | 3382 | 2389 | 2639 | −8299 | −12 037 |
| EBITDA | 7577 | 9800 | 6082 | 5089 | 5339 | −7852 | −6677 |
| Profit before income tax | 6612 | 7099 | 3308 | 2329 | 2193 | −8299 | −12 814 |
| Profit for the reporting year | 6612 | 7099 | 3308 | 2329 | 2193 | −8299 | −12 814 |
| Labour costs | 13 207 | 18 615 | 21 501 | 17 186 | 11 512 | 3129 | 13 028 |
| Depreciation of non-current assets | 675 | 2700 | 2700 | 2700 | 2700 | 447 | 5360 |
| Other indicators | |||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 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
1 contractsPublic contracts won worth 70 000 € from 1 contracting authorities (31.03.2026–31.03.2026).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Grafiti puhastustööd Tallinna Kesklinna valitsuse objektidel · Soditud pindade ülevärvimine | Tallinna Kesklinna Valitsus | 35 000 € | 31.03.2026 |
| Grafiti puhastustööd Tallinna Kesklinna valitsuse objektidel · Grafiti soodapuhastus pritsiga | Tallinna Kesklinna Valitsus | 35 000 € | 31.03.2026 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Svelec OÜ
Overview
Svelec OÜ (registry code 14637528) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Mustamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is electrical installation (EMTAK 4321). The company is registered for VAT (VAT number EE102303906).
Financial results
Revenue in financial year 2025 was 32 241 €, up 43,6% on the previous year (22 447 €). From 2019 to 2025, revenue declined by an average of 1,6% per year. Financial year 2025 ended with a loss of 12 814 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 32 241 €. At the end of financial year 2025, total assets were 27 468 € and equity 2927 € (10,7% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 17 919 €, up 141% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2017 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1360 € 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 28.06.2026. 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.