AM ENERGY SYSTEMS OÜ

Registered
16751926Private limited company (OÜ)Founded 2023

Key figures

149 174 €+42,3%
Revenue 2025
+42,3%
Average annual growth 2024–2025
050 k100 k150 k20242025

Ratios

2025

Summary: AM ENERGY SYSTEMS OÜ

What kind of company is it?

AM ENERGY SYSTEMS OÜ (registry code 16751926) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 3 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is electrical installation works (EMTAK 43211). The company is registered for VAT (VAT number EE102693043).

How is the company doing financially?

Revenue in financial year 2025 was 149 174 €, up 42,3% on the previous year (104 866 €). Net profit for financial year 2025 was 26 205 € (17,6% of revenue). The company was profitable in 2 of the 3 published financial years. In financial year 2025 the company had 5 employees (4 a year earlier). Revenue per employee was 29 835 €. At the end of financial year 2025, total assets were 61 960 € and equity 50 360 € (81,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 15 156 €, down 48,1% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 5864 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1320 € 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 19.05.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202615 156 €35864 €
Q2 202632 091 €27463 €
Q1 202625 550 €46533 €
Q4 202527 503 €49033 €
Q3 202529 186 €512 009 €
Q2 202559 102 €69480 €
Q1 202536 203 €57965 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2023–2025
202320242025
Sales revenue—104 866149 174
Net profit−14924 30426 205
Retained earnings—−14924 155
Total assets6136 58461 960
Total liabilities21012 42911 600
Total equity−14924 15550 360
Employees045
Average gross salary (monthly)—10181234
Calculated dividend—00

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%AM ENERGY SYSTEMS OÜOleksandr Mykhaltsov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 2660 € (2024). Largest grantors: Eesti Töötukassa (2660 €).

Show all aid records (1)
20242660 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA2660 €02.12.2024

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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