Korbut Solar Company OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Korbut Solar Company OÜ
What kind of company is it?
Korbut Solar Company OÜ (registry code 16520026) is a private limited company (OÜ). The company was entered in the Commercial Register in 2022 and has been registered for 4 years. Registered location: Mustamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other personal service activities n.e.c. (EMTAK 9699). The company is registered for VAT (VAT number EE102512522).
How is the company doing financially?
Revenue in financial year 2025 was 225 156 €, up 73,7% on the previous year (129 599 €). From 2022 to 2025, revenue grew by an average of 363% per year. This is the company's highest revenue among the published years (2022–2025). Net profit for financial year 2025 was 47 269 € (21,0% of revenue). The company was profitable in 2 of the 4 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 199 730 € and equity 165 037 € (82,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1963 €, down 93,2% on the same quarter a year earlier.
Who runs the company and who owns it?
The management board has 2 members. 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 30.06.2026. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1963 € | — | — |
| Q2 2026 | 13 311 € | — | — |
| Q1 2026 | 7318 € | — | — |
| Q4 2025 | 61 984 € | — | — |
| Q3 2025 | 28 913 € | — | — |
| Q2 2025 | 22 894 € | — | — |
| Q1 2025 | 26 463 € | — | — |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Sales revenue | 2268 | 125 905 | 129 599 | 225 156 |
| Net profit | −2909 | 32 192 | −993 | 47 269 |
| Retained earnings | — | −2909 | 29 282 | 117 768 |
| Total assets | 4655 | 35 070 | 44 099 | 199 730 |
| Total liabilities | 7564 | 5787 | 15 810 | 34 693 |
| Total equity | −2909 | 29 283 | 28 289 | 165 037 |
| Employees | 0 | 0 | 0 | 0 |
| Calculated dividend | — | — | 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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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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