osaühing Sareno Elekter

Active Registry code 10110994 OÜ Tallinn Registered 21 Nov 1996

osaühing Sareno Elekter is a OÜ based in Tallinn, registry code 10110994, status: active. Main activity: Electrical installation. According to EMTA, turnover for Q3 2026 was €40 448 with 2 employees.

Turnover

40 448 €

↑ 2.5% vs Q2 2026

State taxes

9 383 €

↓ 36.4% vs Q2 2026

Labour taxes

3 352 €

↑ 0.0% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Specialised construction activities · EMTAK 43

Turnover · Q3 2026 40 448 €

above 65% of companies

industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee 1 676 €

above 67% of companies

industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025 89 605 €

above 69% of companies

industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 2025 23.5 %

above 81% of companies

industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 40 448 € · +2.5% vs Q2 2026 · industry median 23 017 € · above 65% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 676 € · +0.0% vs Q2 2026 · industry median 1 236 € · above 67% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 9 383 € · −36.4% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	40 448	9 383	3 352	2
Q2 2026	39 472	14 750	3 352	2
Q1 2026	14 072	4 317	3 062	2
Q4 2025	20 226	6 069	3 293	2
Q3 2025	15 209	6 479	3 005	2
Q2 2025	20 698	6 021	3 005	2
Q1 2025	37 620	8 763	4 720	2
Q4 2024	49 838	10 480	2 826	2
Q3 2024	37 170	6 789	2 616	2
Q2 2024	13 472	4 475	2 826	2
Q1 2024	14 214	4 101	2 427	2
Q4 2023	32 930	6 177	2 391	2
Q3 2023	8 738	4 202	2 811	2
Q2 2023	12 155	3 653	2 391	2
Q1 2023	29 568	3 983	2 539	2
Q4 2022	16 219	6 731	2 605	2
Q3 2022	14 623	3 746	2 405	2
Q2 2022	16 449	6 801	3 105	2
Q1 2022	14 597	3 447	2 292	2

Labour taxes per employee per month

559 €

Turnover per employee in the quarter

20 224 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 89 605 € · −26.6% vs 2024 · industry median 37 328 € · above 69% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 21 089 € · −28.9% vs 2024 · industry median 561 € · above 86% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 23.5 % · −0.8 pp vs the year before · industry median 3.9 % · above 81% of the industry

Company
Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 112 489 € · +15.1% vs 2024

Equity, € thousand 2025: 106 279 € · +16.5% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · industry median 1 · above 55% of the industry

Company
Industry median

Industry: Specialised construction activities (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	89 605	21 089	35 323	112 489	106 279	2
2024	122 017	29 642	36 126	97 752	91 190	2
2023	67 652	2 387	28 901	71 192	67 547	2
2022	76 239	-940	27 295	80 994	71 160	2
2021	93 725	17 055	22 505	96 719	92 100	2
2020	65 972	2 854	25 838	91 256	85 045	2
2019	76 777	4 584	24 263	99 334	92 191	2
2018	—	—	—	—	—	2
2017	—	—	—	—	—	3
2016	—	—	—	—	—	3
2015	—	—	—	—	—	3
2014	—	—	—	—	—	3
2013	—	—	—	—	—	4
2012	—	—	—	—	—	4
2011	—	—	—	—	—	4
2010	—	—	—	—	—	6
2009	—	—	—	—	—	8
2008	—	—	—	—	—	5
2007	—	—	—	—	—	7
2005	—	—	—	—	—	5
2004	—	—	—	—	—	8
2003	—	—	—	—	—	7
2002	—	—	—	—	—	8
2001	—	—	—	—	—	8
2000	—	—	—	—	—	8
1999	—	—	—	—	—	7
1998	—	—	—	—	—	6
1997	—	—	—	—	—	9

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

23.5 %

Net profit / revenue

Return on equity (ROE)

19.8 %

Net profit / equity

Return on assets (ROA)

18.7 %

Net profit / assets

Equity ratio

94.5 %

Equity / assets

Debt ratio

5.5 %

Liabilities / assets

Current ratio

15.96

Current assets / current liabilities

Revenue per employee

44 803 €

Revenue / average full-time employees

Labour cost per employee per month

1 472 €

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	6 Apr 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	28 Apr 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	27 Mar 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	1 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	4 Apr 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	27 Apr 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	26 Mar 2020	Company’s own	e-Äriregister

Board

Aivar Norvaiš
Board member · since 21 Nov 1996
Mart Rebane
Board member · since 21 Nov 1996

Right of representation

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

Owners

Aivar Norvaiš
Natural person · 1 597 €

50%
Mart Rebane
Natural person · 1 597 €

50%

Beneficial owners

Aivar Norvaiš
Direct ownership · since 7 Sep 2018
Mart Rebane
Direct ownership · since 7 Sep 2018

Founders and other persons

No other persons.

Activities (EMTAK)

4321Electrical installation Main

Rulings 8

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10007196 / 10 1 Apr 2026	Amendment under Code of Civil Procedure § 595¹ (1)	In force 1 Apr 2026	PDF
Ä 10007196 / 9 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10007196 / 8 16 Jan 2018	Amendment entry	In force 16 Jan 2018	PDF
Ä 10007196 / 7 7 Nov 2017	Amendment entry	In force 7 Nov 2017	PDF
Ä 10007196 / 6 9 Jun 2015	Amendment entry	In force 9 Jun 2015	PDF
Ä 10007196 / 5 18 Nov 2011	Amendment entry	In force 18 Nov 2011	PDF
Ä 7196 / 4 3 Dec 2008	Deletion of activities from the registry card	In force 10 Dec 2008	PDF
Ä 7196 / 3 14 Mar 2006	Amendment entry	In force 14 Mar 2006	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data