ML Elekter OÜ

Registered
14975662Private limited company (OÜ)Founded 2020

Key figures

67 005 €−23,7%
Revenue 2025
+26,6%
Average annual growth 2020–2025
050 k100 k150 k202020212022202320242025

Ratios

2025

Summary: ML Elekter OÜ

What kind of company is it?

ML Elekter OÜ (registry code 14975662) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is electrical installation (EMTAK 4321). The company is registered for VAT (VAT number EE102258284).

How is the company doing financially?

Revenue in financial year 2025 was 67 005 €, down 23,7% on the previous year (87 839 €). From 2020 to 2025, revenue grew by an average of 26,6% per year. Net profit for financial year 2025 was 8070 € (12,0% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 67 005 €. At the end of financial year 2025, total assets were 29 240 € and equity 25 207 € (86,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 16 594 €, up 15,1% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1157 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 870 € per month.

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 18.03.2026. 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 202616 594 €11157 €
Q2 202617 902 €11157 €
Q1 202615 874 €11099 €
Q4 202518 876 €11085 €
Q3 202514 423 €11085 €
Q2 202519 625 €11085 €
Q1 202517 267 €11006 €

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
20212022202320242025
Sales revenue77 694114 89060 36387 83967 005
Net profit9451122915 6288070
Retained earnings8017468591416 542
Total assets758613 044828320 12129 240
Total liabilities681711 764677429844033
Total equity7691280150917 13725 207
Employees22111
Average gross salary (monthly)584656906820886
Calculated dividend00000

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
100%ML Elekter OÜMadis Lai
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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