Smart Electric OÜ
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2025Summary: Smart Electric OÜ
What kind of company is it?
Smart Electric OÜ (registry code 17014779) is a private limited company (OÜ). The company was entered in the Commercial Register in 2024 and has been registered for 2 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is construction of utility projects for electricity and telecommunications (EMTAK 42221). The company is registered for VAT (VAT number EE102751464).
How is the company doing financially?
Revenue in financial year 2025 was 254 228 €, up 255% on the previous year (71 629 €). Net profit for financial year 2025 was 42 446 € (16,7% of revenue). In financial year 2025 the company had 7 employees (3 a year earlier). Revenue per employee was 36 318 €. At the end of financial year 2025, total assets were 173 890 € and equity 84 730 € (48,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 111 332 €, up 139% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 4396 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1040 € 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 30.08.2026. 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 | 111 332 € | 3 | 4396 € |
| Q2 2026 | 55 548 € | 2 | 5971 € |
| Q1 2026 | 53 151 € | 4 | 6530 € |
| Q4 2025 | 61 427 € | 4 | 9225 € |
| Q3 2025 | 46 615 € | 6 | 9218 € |
| Q2 2025 | 168 537 € | 8 | 10 477 € |
| Q1 2025 | 51 320 € | 9 | 10 865 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2024–2025
| 2024 | 2025 | |
|---|---|---|
| Sales revenue | 71 629 | 254 228 |
| Net profit | 34 284 | 42 446 |
| Retained earnings | — | 34 284 |
| Total assets | 58 226 | 173 890 |
| Total liabilities | 20 942 | 89 160 |
| Total equity | 37 284 | 84 730 |
| Employees | 3 | 7 |
| Average gross salary (monthly) | 744 | 1000 |
| Calculated dividend | — | 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 note6 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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