osaühing ESPELLON

Active Registry code 10089975 OÜ Tallinn Registered 4 Oct 1996

osaühing ESPELLON is a OÜ based in Tallinn, registry code 10089975, status: active. Main activity: Manufacture of ovens, furnaces and permanent household heating equipment. According to EMTA, turnover for Q3 2026 was €186 with employees.

Turnover

186 €

↓ 84.4% vs Q2 2026

State taxes

23 €

↓ 92.1% vs Q2 2026

Labour taxes

0 €

Employees

—

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Manufacture of machinery and equipment n.e.c. · EMTAK 28

Turnover · Q3 2026 186 €

above 2% of companies

industry median 130 544 € · companies in the industry: 217
Revenue · 2025 3 859 €

above 24% of companies

industry median 111 300 € · companies in the industry: 279
Net profit margin · 2025 -149.7 %

above 2% of companies

industry median 3.0 % · companies in the industry: 216

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 186 € · −84.4% vs Q2 2026 · industry median 130 544 € · above 2% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q4 2025: 870 € · +0.0% vs Q3 2025 · industry median 3 419 € · above 6% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q4 2025: 1 · +0.0% vs Q3 2025

State taxes, € Q3 2026: 23 € · −92.1% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	186	23	—	—
Q2 2026	1 195	292	—	—
Q1 2026	450	655	602	—
Q4 2025	430	929	870	1
Q3 2025	1 228	986	870	1
Q2 2025	1 750	1 185	870	1
Q1 2025	284	827	836	1
Q4 2024	2 091	1 060	772	1
Q3 2024	1 907	1 073	772	1
Q2 2024	1 860	1 053	772	1
Q1 2024	670	795	744	1
Q4 2023	835	727	696	1
Q3 2023	2 661	1 092	696	1
Q2 2023	708	755	696	1
Q1 2023	4 094	1 003	671	1
Q4 2022	1 938	741	624	2
Q3 2022	1 085	640	624	2
Q2 2022	2 033	1 347	1 078	2
Q1 2022	1 561	1 344	1 249	3

Financials by year

2016 – 2025

Revenue, € 2025: 3 859 € · −41.5% vs 2024 · industry median 111 300 € · above 24% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -5 777 € · −135.3% vs 2024 · industry median 685 € · above 20% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -149.7 % · −112.5 pp vs the year before · industry median 3.0 % · above 2% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 3 452 € · −62.0% vs 2024

Equity, € 2025: 2 328 € · −71.3% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 8 · above 5% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	3 859	-5 777	8 628	3 452	2 328	1
2024	6 597	-2 455	7 862	9 096	8 105	1
2023	5 433	-3 321	7 028	11 638	10 560	1
2022	8 271	-5 257	8 346	14 868	13 881	1
2021	3 426	-9 982	11 548	20 831	19 138	1
2020	38 060	16 960	9 944	30 006	29 120	1
2019	33 749	5 342	11 239	13 539	12 161	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	2
2013	—	—	—	—	—	2
2012	—	—	—	—	—	2
2011	—	—	—	—	—	2
2010	—	—	—	—	—	1
2009	—	—	—	—	—	1
2008	—	—	—	—	—	1
2007	—	—	—	—	—	1
2006	—	—	—	—	—	2
2005	—	—	—	—	—	2
2004	—	—	—	—	—	2
2003	—	—	—	—	—	2
2002	—	—	—	—	—	3
2000	—	—	—	—	—	3
1998	—	—	—	—	—	3
1997	—	—	—	—	—	3

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

-149.7 %

Net profit / revenue

Return on equity (ROE)

-248.2 %

Net profit / equity

Return on assets (ROA)

-167.4 %

Net profit / assets

Equity ratio

67.4 %

Equity / assets

Debt ratio

32.6 %

Liabilities / assets

Current ratio

3.07

Current assets / current liabilities

Revenue per employee

3 859 €

Revenue / average full-time employees

Labour cost per employee per month

719 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	15 Apr 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	22 Apr 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	21 Feb 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	2 Apr 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	19 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	29 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	28 Jun 2020	Company’s own	e-Äriregister

Board

Märt Heinla
Board member · since 4 Oct 1996

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Märt Heinla
Natural person · 2 556 €

100%

Beneficial owners

Märt Heinla
Direct ownership · since 29 Oct 2018

Founders and other persons

No other persons.

Activities (EMTAK)

28211Manufacture of ovens, furnaces and permanent household heating equipment Main
55205Bed-and-breakfast
81301Landscape service activities

Rulings 6

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10006028 / 8 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10006028 / 7 23 May 2018	Amendment entry	In force 23 May 2018	PDF
Ä 10006028 / 6 16 Jan 2018	Amendment entry	In force 16 Jan 2018	PDF
Ä 10006028 / 5 5 Jun 2014	Amendment entry	In force 5 Jun 2014	PDF
Ä 6028 / 4 21 Dec 2009	Amendment entry	In force 21 Dec 2009	PDF
Ä 6028 / 3 3 Dec 2008	Deletion of activities from the registry card	In force 4 Dec 2008	PDF

Sources: e-Äriregister and EMTA. Data updated 29 Oct 2026. Open at the source ↗ · Report an error in the data