Simtech Solar OÜ
RegisteredKey figures
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2025Summary: Simtech Solar OÜ
What kind of company is it?
Simtech Solar OÜ (registry code 14956438) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Laane küla, Põhja-Sakala vald, Viljandi maakond. According to the latest annual report, the main activity is electrical installation (EMTAK 4321). The company is registered for VAT (VAT number EE102250279).
How is the company doing financially?
Revenue in financial year 2025 was 60 916 €, up 217% on the previous year (19 198 €). From 2020 to 2025, revenue grew by an average of 26,4% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for financial year 2025 was 24 072 € (39,5% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 30 458 €. At the end of financial year 2025, total assets were 205 714 € and equity 122 724 € (59,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 19 620 €, up 3,0% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 3032 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1070 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 30.07.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 19 620 € | 2 | 3032 € |
| Q2 2026 | 19 621 € | 2 | 3032 € |
| Q1 2026 | 17 179 € | 2 | 3068 € |
| Q4 2025 | 17 910 € | 2 | 1570 € |
| Q3 2025 | 19 049 € | 1 | 1336 € |
| Q2 2025 | 15 117 € | 1 | 1220 € |
| Q1 2025 | 5653 € | 1 | 932 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 28 265 | 34 082 | 11 419 | 19 198 | 60 916 |
| Net profit | 13 641 | 28 089 | 31 738 | 10 510 | 24 072 |
| Retained earnings | 12 174 | 25 815 | 53 904 | 85 642 | 96 152 |
| Total assets | 72 079 | 82 299 | 190 186 | 208 313 | 205 714 |
| Total liabilities | 43 764 | 25 895 | 102 044 | 109 661 | 82 990 |
| Total equity | 28 315 | 56 404 | 88 142 | 98 652 | 122 724 |
| Employees | 0 | 0 | 0 | 1 | 2 |
| Average gross salary (monthly) | — | — | — | 378 | 610 |
| Calculated dividend | 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 note5 clear
Data from public registers, not a credit rating.
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State aid and grants
3 recordsState aid and de minimis aid in total 95 166 € (2020–2022). Largest grantors: Elering AS (55 934 €), Põllumajanduse Registrite ja Informatsiooni Amet (39 232 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 39 232 € | 05.12.2022 |
| Elering AS | Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43) | 21 434 € | 31.01.2021 |
| Elering AS | Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43) | 34 500 € | 24.12.2020 |
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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