ML Päikeseenergia OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 93 217 € | — | 0 € |
| Q2 2026 | 53 724 € | — | 0 € |
| Q1 2026 | 1262 € | — | 1516 € |
| Q4 2025 | 19 607 € | 1 | 1516 € |
| Q3 2025 | 64 175 € | 1 | 1516 € |
| Q2 2025 | 67 087 € | 1 | 1516 € |
| Q1 2025 | 741 587 € | 1 | 1425 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 6641 | 28 735 | 302 446 | 38 384 | 84 536 | 50 002 | 163 781 |
| Total non-current assets | 215 060 | 1 255 016 | 2 062 834 | 2 615 745 | 2 563 630 | 2 933 157 | 2 835 764 |
| Total assets | 221 701 | 1 283 751 | 2 365 280 | 2 654 129 | 2 648 166 | 2 983 159 | 2 999 545 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 58 376 | 49 893 | 129 433 | 172 892 | 293 966 | 301 215 | 393 182 |
| Non-current liabilities | 161 000 | 1 226 850 | 2 145 370 | 2 234 758 | 2 073 042 | 2 515 786 | 2 499 223 |
| Total liabilities | 219 376 | 1 276 743 | 2 274 803 | 2 407 650 | 2 367 008 | 2 817 001 | 2 892 405 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | −175 | 4508 | 87 727 | 349 391 | 278 408 | 163 408 |
| Profit for the year | −175 | 4683 | 83 469 | 156 002 | −70 983 | −115 000 | −59 018 |
| Reserves and other equity | — | — | — | 250 | 250 | 250 | 250 |
| Total equity | 2325 | 7008 | 90 477 | 246 479 | 281 158 | 166 158 | 107 140 |
| Income statement | |||||||
| Sales revenue | — | 1571 | 77 633 | 295 939 | 160 131 | 136 306 | 156 049 |
| Operating profit | 243 | 13 485 | 121 684 | 222 789 | 70 476 | 181 202 | 55 646 |
| EBITDA | — | 13 503 | 126 980 | 285 203 | 147 232 | 261 904 | 153 039 |
| Profit before income tax | −175 | 4683 | 83 469 | 156 002 | −70 983 | −115 000 | −59 018 |
| Profit for the reporting year | −175 | 4683 | 83 469 | 156 002 | −70 983 | −115 000 | −59 018 |
| Labour costs | — | — | — | — | — | 3291 | 14 281 |
| Depreciation of non-current assets | — | 18 | 5296 | 62 414 | 76 756 | 80 702 | 97 393 |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 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 obligationsAll clear
Data from public registers, not a credit rating.
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Summary: ML Päikeseenergia OÜ
Overview
ML Päikeseenergia OÜ (registry code 14751081) 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: Voore küla, Mustvee vald, Jõgeva maakond. According to the latest annual report, the main activity is production of electricity from solar energy (EMTAK 35123). The company is registered for VAT (VAT number EE102171963).
Financial results
Revenue in financial year 2025 was 156 049 €, up 14,5% on the previous year (136 306 €). From 2020 to 2025, revenue grew by an average of 151% per year. Financial year 2025 ended with a loss of 59 018 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 156 049 €. At the end of financial year 2025, total assets were 2 999 545 € and equity 107 140 € (3,6% of assets). Based on labour costs in the report, the estimated average gross salary was about 890 € per month.
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 93 217 €, up 45,3% on the same quarter a year earlier.
Management and owners
The company has one management board member. The sole owner of the company is ML Varad OÜ.
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 10.06.2026. 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.