Silpower Aktsiaselts
Active Registry code 10266472
AS Sillamäe linn Registered 5 Sep 1997
Silpower Aktsiaselts is a AS based in Sillamäe linn, registry code 10266472, status: active. Main activity: Steam and air conditioning supply. According to EMTA, turnover for Q3 2026 was €2 241 583 with 96 employees.
Turnover
2 241 583 €
↓ 32.9% vs Q2 2026
State taxes
431 843 €
↓ 27.1% vs Q2 2026
Labour taxes
275 207 €
↑ 5.2% vs Q2 2026
Employees
96
−2 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 2.2 mn €above 98% of companiesindustry median 3 039 € · companies in the industry: 735
- Labour taxes per employee 2 867 €above 52% of companiesindustry median 2 710 € · companies in the industry: 179
- Revenue · 2025 14.6 mn €above 98% of companiesindustry median 3 747 € · companies in the industry: 1 008
- Net profit margin · 2025 14.3 %above 64% of companiesindustry median 3.6 % · companies in the industry: 693
Taxes and turnover
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 2 241 583 | 431 843 | 275 207 | 96 |
| Q2 2026 | 3 342 696 | 592 642 | 261 711 | 98 |
| Q1 2026 | 5 802 663 | 897 118 | 289 491 | 98 |
| Q4 2025 | 3 684 510 | 551 544 | 270 525 | 99 |
| Q3 2025 | 2 470 374 | 429 893 | 261 717 | 99 |
| Q2 2025 | 4 248 460 | 603 338 | 242 493 | 97 |
| Q1 2025 | 5 442 533 | 726 591 | 246 396 | 100 |
| Q4 2024 | 3 191 227 | 420 354 | 219 488 | 102 |
| Q3 2024 | 2 982 925 | 395 935 | 227 639 | 103 |
| Q2 2024 | 3 141 915 | 331 318 | 237 438 | 102 |
| Q1 2024 | 5 845 666 | 585 101 | 252 356 | 108 |
| Q4 2023 | 4 379 425 | 421 645 | 227 262 | 112 |
| Q3 2023 | 3 433 608 | 425 016 | 246 155 | 113 |
| Q2 2023 | 5 298 077 | 558 273 | 245 180 | 119 |
| Q1 2023 | 6 664 699 | 429 492 | 242 746 | 121 |
| Q4 2022 | 5 760 630 | 415 388 | 218 505 | 124 |
| Q3 2022 | 5 327 494 | 398 238 | 262 818 | 120 |
| Q2 2022 | 4 813 502 | 371 159 | 244 593 | 123 |
| Q1 2022 | 6 704 452 | 568 571 | 239 538 | 128 |
Labour taxes per employee per month
956 €
Turnover per employee in the quarter
23 350 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 14 589 984 | 2 087 802 | 2 594 963 | 47 718 967 | 21 054 680 | 103 |
| 2024 | 13 539 792 | 60 765 | 2 491 883 | 47 780 700 | 19 889 386 | 108 |
| 2023 | 17 719 527 | 936 819 | 2 652 198 | 49 493 061 | 19 828 621 | 120 |
| 2022 | 21 373 049 | 1 438 157 | 2 643 783 | 51 869 559 | 18 891 802 | 130 |
| 2021 | 18 177 850 | 1 924 091 | 2 471 647 | 53 190 729 | 17 453 645 | 130 |
| 2020 | 12 826 493 | 229 279 | 2 475 116 | 51 195 795 | 15 529 554 | 131 |
| 2019 | 14 679 512 | 16 872 | 2 281 681 | 40 369 039 | 15 300 261 | 137 |
| 2018 | — | — | — | — | — | 131 |
| 2017 | — | — | — | — | — | 153 |
| 2016 | — | — | — | — | — | 171 |
| 2015 | — | — | — | — | — | 171 |
| 2014 | — | — | — | — | — | 171 |
| 2013 | — | — | — | — | — | 171 |
| 2012 | — | — | — | — | — | 170 |
| 2011 | — | — | — | — | — | 174 |
| 2010 | — | — | — | — | — | 174 |
| 2009 | — | — | — | — | — | 168 |
| 2008 | — | — | — | — | — | 171 |
| 2007 | — | — | — | — | — | 207 |
| 2006 | — | — | — | — | — | 200 |
| 2005 | — | — | — | — | — | 207 |
| 2004 | — | — | — | — | — | 211 |
| 2003 | — | — | — | — | — | 225 |
| 2002 | — | — | — | — | — | 222 |
| 2001 | — | — | — | — | — | 226 |
| 2000 | — | — | — | — | — | 240 |
| 1999 | — | — | — | — | — | 245 |
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
14.3 %
Net profit / revenue
Return on equity (ROE)
9.9 %
Net profit / equity
Return on assets (ROA)
4.4 %
Net profit / assets
Equity ratio
44.1 %
Equity / assets
Debt ratio
55.9 %
Liabilities / assets
Current ratio
0.65
Current assets / current liabilities
Revenue per employee
141 650 €
Revenue / average full-time employees
Labour cost per employee per month
2 099 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 29 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 27 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 19 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 13 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 15 Jun 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 2 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 30 Jun 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 5 | 26 400 000 € | AS LHV Pank | 14 Nov 2023 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Ago SildeBoard member · since 31 May 2023
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Tiit VähiIndirect ownership · since 25 Sep 2018
Founders and other persons
- Aktsiaselts SILMET GRUPPFounder · 6 100 000 € · 5 Sep 1997
- Ernst & Young Baltic ASAudit firm · 7 Nov 2025
- Tiit VähiChairman of the supervisory board · 16 Mar 2022
- Avo AnnusSupervisory board member · 16 Mar 2022
- Ronald VähiSupervisory board member · 16 Mar 2022
- Elar EhaSupervisory board member · 15 May 2025
- Omanikukonto: Aktsiaselts SILMET GRUPPShareholder · 390 000 € · 7 Apr 2025
Related companies
Activities (EMTAK)
- 35301Steam and air conditioning supply Main
- 35131Transmission of electricity
- 35141Distribution of electricity
- 35231Trade of gas through mains
- 36001Water collection, treatment and supply
- 37001Sewerage and wastewater management
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| K 40004595 / 20 14 Nov 2023 |
Commercial pledge entered | In force 14 Nov 2023 |
||
| K 40004595 / 19 14 Nov 2023 |
Commercial pledge deleted | In force 14 Nov 2023 |
||
| K 40004595 / 18 14 Nov 2023 |
Commercial pledge deleted | In force 14 Nov 2023 |
||
| K 40004595 / 17 14 Nov 2023 |
Commercial pledge deleted | In force 14 Nov 2023 |
||
| Ä 40004595 / 16 31 May 2023 |
Amendment entry | In force 31 May 2023 |
||
| Ä 40004595 / 15 23 Apr 2018 |
Amendment entry | In force 23 Apr 2018 |
||
| Ä 40004595 / 14 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 40004595 / 13 5 Dec 2017 |
Amendment entry | In force 5 Dec 2017 |
||
| Ä 40004595 / 12 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 40004595 / 11 2 Aug 2017 |
Amendment entry | In force 2 Aug 2017 |
||
| Ä 40004595 / M10 24 Jul 2017 |
Ruling to eliminate deficiencies | 7 Aug 2017 | Deficiencies eliminated 2 Aug 2017 |
|
| Ä 40004595 / M9 5 Jul 2017 |
Ruling to eliminate deficiencies | 19 Jul 2017 | Deficiencies eliminated 2 Aug 2017 |
|
| Ä 40004595 / 10 3 Oct 2016 |
Amendment entry | In force 3 Oct 2016 |
||
| Ä 40004595 / M8 21 May 2012 |
Ruling to be served | 21 Aug 2012 | Deficiencies eliminated 21 May 2012 |
|
| Ä 40004595 / 9 21 May 2012 |
Amendment under Commercial Code § 525 (2) | In force 21 May 2012 |
||
| Ä 40004595 / M7 28 Jan 2011 |
Fine | 5 Apr 2011 | In force 4 Feb 2011 |
|
| K 40007223 / 7 29 Oct 2010 |
Commercial pledge amended | In force 29 Oct 2010 |
||
| K 40007223 / 6 27 Oct 2010 |
Commercial pledge amended | In force 27 Oct 2010 |
||
| Ä 40004595 / M6 10 Aug 2010 |
Ruling to be served | 9 Nov 2010 | In force 11 Aug 2010 |
|
| Ä 40004595 / M5 17 Jun 2010 |
Ruling to be served | 13 Oct 2010 | In force 15 Jul 2010 |
|
| K 7223 / 5 8 May 2009 |
Commercial pledge entered | In force 8 May 2009 |
||
| Ä 4595 / 8 3 Dec 2008 |
Deletion of activities from the registry card | In force 9 Dec 2008 |
||
| Ä 4595 / M4 28 Oct 2008 |
Ruling to be served | 28 Jan 2009 | In force 30 Oct 2008 |
|
| Ä 4595 / 7 10 Jul 2008 |
Amendment entry | In force 10 Jul 2008 |
||
| Ä 4595 / M3 3 Jul 2008 |
Ruling to eliminate deficiencies (to be served) | 5 Oct 2008 | In force 7 Jul 2008 |
|
| Ä 4595 / 6 5 Jun 2007 |
Amendment entry | In force 5 Jun 2007 |
||
| K 7223 / 4 6 May 2003 |
Commercial pledge entered | In force | ||
| K 7223 / 3 6 May 2003 |
Commercial pledge entered | In force | ||
| K 7223 / 2 6 May 2003 |
Commercial pledge deleted | In force | ||
| Ä 4595 / 5 9 Apr 2003 |
Amendment entry | In force | ||
| Ä 4595 / 4 13 Jan 2003 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data