OÜ ELEREN

Active Registry code 10881852 OÜ Tartu linn Registered 29 Aug 2002

OÜ ELEREN is a OÜ based in Tartu linn, registry code 10881852, status: active. Main activity: Construction of utility projects for electricity and telecommunications. According to EMTA, turnover for Q3 2026 was €9 861 with 1 employees.

Turnover

9 861 €

↑ 51.1% vs Q2 2026

State taxes

1 698 €

↓ 3.8% vs Q2 2026

Labour taxes

1 955 €

↑ 0.0% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Civil engineering · EMTAK 42

Turnover · Q3 2026 9 861 €

above 17% of companies

industry median 52 240 € · companies in the industry: 1 125
Labour taxes per employee 1 955 €

above 55% of companies

industry median 1 750 € · companies in the industry: 933
Revenue · 2025 65 956 €

above 46% of companies

industry median 88 960 € · companies in the industry: 1 426
Net profit margin · 2025 3.2 %

above 44% of companies

industry median 5.0 % · companies in the industry: 1 185

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 9 861 € · +51.1% vs Q2 2026 · industry median 52 240 € · above 17% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 955 € · +0.0% vs Q2 2026 · industry median 1 750 € · above 55% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 1 698 € · −3.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	9 861	1 698	1 955	1
Q2 2026	6 525	1 765	1 955	1
Q1 2026	7 620	1 634	1 882	1
Q4 2025	24 065	1 834	1 734	1
Q3 2025	13 647	1 504	1 734	1
Q2 2025	27 859	1 573	1 734	1
Q1 2025	2 845	1 499	1 706	1
Q4 2024	28 482	1 584	1 648	1
Q3 2024	12 297	1 490	1 648	1
Q2 2024	12 622	1 490	1 648	1
Q1 2024	3 612	1 852	1 648	1
Q4 2023	14 890	1 490	1 648	1
Q3 2023	19 145	3 075	1 648	1
Q2 2023	3 395	1 506	1 648	1
Q1 2023	2 404	1 682	1 634	1
Q4 2022	9 840	1 582	1 740	1
Q3 2022	40 425	1 582	1 740	1
Q2 2022	6 598	2 163	1 740	1
Q1 2022	5 906	1 744	1 740	1

Labour taxes per employee per month

652 €

Turnover per employee in the quarter

9 861 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 65 956 € · +13.0% vs 2024 · industry median 88 960 € · above 46% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 2 135 € · +156.2% vs 2024 · industry median 2 500 € · above 49% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 3.2 % · +9.7 pp vs the year before · industry median 5.0 % · above 44% of the industry

Company
Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 16 844 € · −0.6% vs 2024

Equity, € 2025: 14 543 € · +17.2% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry

Company
Industry median

Industry: Civil engineering (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	65 956	2 135	19 267	16 844	14 543	1
2024	58 366	-3 796	19 267	16 949	12 408	1
2023	41 326	-18 747	19 267	17 943	16 204	1
2022	60 848	-7 204	19 214	37 357	34 951	1
2021	33 931	-18 125	19 267	46 865	42 155	1
2020	84 293	-15 971	18 595	63 259	60 280	1
2019	164 561	54 639	23 992	83 768	81 251	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	2
2014	—	—	—	—	—	2
2013	—	—	—	—	—	2
2012	—	—	—	—	—	2
2011	—	—	—	—	—	2
2010	—	—	—	—	—	3
2009	—	—	—	—	—	5
2008	—	—	—	—	—	5
2007	—	—	—	—	—	5
2006	—	—	—	—	—	5
2005	—	—	—	—	—	5
2004	—	—	—	—	—	5
2003	—	—	—	—	—	5
2002	—	—	—	—	—	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

3.2 %

Net profit / revenue

Return on equity (ROE)

14.7 %

Net profit / equity

Return on assets (ROA)

12.7 %

Net profit / assets

Equity ratio

86.3 %

Equity / assets

Debt ratio

13.7 %

Liabilities / assets

Current ratio

7.10

Current assets / current liabilities

Revenue per employee

65 956 €

Revenue / average full-time employees

Labour cost per employee per month

1 606 €

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	23 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	28 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	25 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	20 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	22 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	16 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	19 Jun 2020	Company’s own	e-Äriregister

Board

Ly Kubenko
Board member · since 7 Nov 2023
Väino Liiv
Board member · since 7 Nov 2023

Right of representation

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

Owners

Ly Kubenko
Natural person · 1 500 €

50%
Väino Liiv
Natural person · 1 500 €

50%

Beneficial owners

Väino Liiv
Direct ownership · since 29 Sep 2022

Founders and other persons

Aleksandr Vostrov
Founder · 20 000 € · 29 Aug 2002
Väino Liiv
Founder · 20 000 € · 29 Aug 2002

Activities (EMTAK)

42221Construction of utility projects for electricity and telecommunications Main

Rulings 12

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20023423 / 10 7 Nov 2023	Amendment entry		In force 7 Nov 2023	PDF
Ä 20023423 / 9 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 20023423 / 8 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 20023423 / 7 6 Dec 2017	Amendment entry		In force 6 Dec 2017	PDF
Ä 20023423 / 6 3 Dec 2017	Amendment entry		In force 3 Dec 2017	PDF
Ä 20023423 / 5 20 Jun 2012	Amendment entry		In force 20 Jun 2012	PDF
Ä 20023423 / M2 19 Jun 2012	Ruling to eliminate deficiencies	19 Jul 2012	In force 19 Jun 2012	PDF
Ä 20023423 / 4 12 Jul 2010	Amendment entry		In force 12 Jul 2010	PDF
Ä 20023423 / 3 22 Jun 2010	Deletion of activities from the registry card		In force 22 Jun 2010	PDF
Ä 23423 / 2 14 Nov 2002	Unpublished amendment entry		In force	PDF
Ä 23423 / M1 1 Nov 2002	Ruling to eliminate deficiencies (to be served)		In force	PDF
Ä 23423 29 Aug 2002	First entry		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data