Electrand OÜ
RegisteredKey figures
Ratios
2025Summary: Electrand OÜ
What kind of company is it?
Electrand OÜ (registry code 16036419) 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: Kiuma küla, Põlva vald, Põlva maakond. According to the latest annual report, the main activity is electrical installation (EMTAK 4321). The company is registered for VAT (VAT number EE102285448).
How is the company doing financially?
Revenue in financial year 2025 was 377 768 €, up 27,0% on the previous year (297 346 €). From 2020 to 2025, revenue grew by an average of 60,2% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for financial year 2025 was 35 167 € (9,3% of revenue). The company was profitable in 5 of the 6 published financial years. In financial year 2025 the company had 4 employees (6 a year earlier). Revenue per employee was 94 442 €. At the end of financial year 2025, total assets were 193 430 € and equity 6646 € (3,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 120 026 €, up 36,9% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 12 241 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1370 € 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 08.05.2026. 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 | 120 026 € | 6 | 12 241 € |
| Q2 2026 | 119 317 € | 5 | 16 866 € |
| Q1 2026 | 112 184 € | 5 | 15 983 € |
| Q4 2025 | 102 892 € | 5 | 10 685 € |
| Q3 2025 | 87 664 € | 5 | 15 375 € |
| Q2 2025 | 76 673 € | 4 | 9858 € |
| Q1 2025 | 69 284 € | 5 | 15 441 € |
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.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 160 927 | 170 667 | 256 165 | 297 346 | 377 768 |
| Net profit | 2240 | 506 | 4105 | −36 312 | 35 167 |
| Retained earnings | 2904 | 680 | 1186 | 1186 | −31 021 |
| Total assets | 57 723 | 91 239 | 128 401 | 131 152 | 193 430 |
| Total liabilities | 50 079 | 87 553 | 120 610 | 159 673 | 186 784 |
| Total equity | 7644 | 3686 | 7791 | −28 521 | 6646 |
| Employees | 2 | 3 | 5 | 6 | 4 |
| Average gross salary (monthly) | 1179 | 1474 | 1599 | 1659 | 1878 |
| Calculated dividend | — | 4464 | 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
1 recordState aid and de minimis aid in total 8420 € (2025). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (8420 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 8420 € | 13.10.2025 |
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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