AS Harju Elekter
Active Registry code 11119230
AS Keila linn Registered 24 Mar 2005
AS Harju Elekter is a AS based in Keila linn, registry code 11119230, status: active. Main activity: Manufacture of electricity distribution and control apparatus. According to EMTA, turnover for Q3 2026 was €19 797 227 with 321 employees.
Turnover
19 797 227 €
↑ 7.6% vs Q2 2026
State taxes
1 419 502 €
↑ 2.0% vs Q2 2026
Labour taxes
1 514 159 €
↑ 1.0% vs Q2 2026
Employees
321
−9 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 19.8 mn €above 98% of companiesindustry median 215 709 € · companies in the industry: 143
- Labour taxes per employee 4 717 €above 86% of companiesindustry median 2 978 € · companies in the industry: 116
- Revenue · 2025 62.9 mn €above 98% of companiesindustry median 131 237 € · companies in the industry: 178
- Net profit margin · 2025 15.6 %above 82% of companiesindustry median 3.8 % · companies in the industry: 135
Taxes and turnover
- Company
- Industry median
Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of electrical equipment (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 | 19 797 227 | 1 419 502 | 1 514 159 | 321 |
| Q2 2026 | 18 397 457 | 1 392 016 | 1 499 308 | 330 |
| Q1 2026 | 16 298 755 | 1 312 226 | 1 230 660 | 320 |
| Q4 2025 | 21 144 121 | 1 621 107 | 1 258 667 | 296 |
| Q3 2025 | 19 747 790 | 1 654 259 | 1 372 595 | 290 |
| Q2 2025 | 23 027 404 | 1 177 512 | 1 253 029 | 281 |
| Q1 2025 | 13 091 132 | 956 005 | 1 016 096 | 271 |
| Q4 2024 | 12 530 975 | 1 255 990 | 1 061 096 | 265 |
| Q3 2024 | 14 674 729 | 1 410 125 | 1 240 072 | 275 |
| Q2 2024 | 19 230 454 | 1 453 281 | 1 315 902 | 282 |
| Q1 2024 | 11 644 074 | 986 598 | 1 032 033 | 314 |
| Q4 2023 | 16 042 086 | 1 008 865 | 1 070 180 | 302 |
| Q3 2023 | 19 451 874 | 1 194 345 | 1 261 652 | 306 |
| Q2 2023 | 19 361 830 | 961 116 | 1 022 912 | 331 |
| Q1 2023 | 13 687 917 | 706 228 | 678 373 | 318 |
| Q4 2022 | 15 871 064 | 745 758 | 758 431 | 305 |
| Q3 2022 | 17 207 929 | 781 263 | 833 998 | 307 |
| Q2 2022 | 18 551 457 | 870 578 | 880 588 | 322 |
| Q1 2022 | 10 742 324 | 698 390 | 745 399 | 317 |
Labour taxes per employee per month
1 572 €
Turnover per employee in the quarter
61 674 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of electrical equipment (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 | 62 935 000 | 9 844 000 | 11 831 000 | 32 571 000 | 22 773 000 | 299 |
| 2024 | 45 889 560 | 2 785 000 | 11 142 000 | 28 357 000 | 12 929 000 | 267 |
| 2023 | 54 861 000 | 3 382 000 | 10 961 000 | 28 820 000 | 10 144 000 | 317 |
| 2022 | 47 783 542 | -168 000 | 7 466 000 | 16 201 000 | 6 287 000 | 240 |
| 2021 | 41 697 246 | 607 000 | 7 397 000 | 15 463 000 | 6 678 000 | 232 |
| 2020 | 38 528 000 | 1 276 000 | 6 320 000 | 10 424 000 | 6 071 000 | 213 |
| 2019 | 33 366 394 | -419 000 | 5 907 000 | 9 835 000 | 4 795 000 | 224 |
| 2018 | — | — | — | — | — | 248 |
| 2017 | — | — | — | — | — | 215 |
| 2016 | — | — | — | — | — | 155 |
| 2015 | — | — | — | — | — | 184 |
| 2014 | — | — | — | — | — | 194 |
| 2013 | — | — | — | — | — | 187 |
| 2012 | — | — | — | — | — | 183 |
| 2011 | — | — | — | — | — | 177 |
| 2010 | — | — | — | — | — | 176 |
| 2009 | — | — | — | — | — | 183 |
| 2008 | — | — | — | — | — | 200 |
| 2007 | — | — | — | — | — | 175 |
| 2006 | — | — | — | — | — | 161 |
| 2005 | — | — | — | — | — | 154 |
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
15.1 %
Net profit / revenue
Return on equity (ROE)
43.2 %
Net profit / equity
Return on assets (ROA)
30.2 %
Net profit / assets
Equity ratio
69.9 %
Equity / assets
Debt ratio
30.1 %
Liabilities / assets
Current ratio
2.90
Current assets / current liabilities
Revenue per employee
217 368 €
Revenue / average full-time employees
Labour cost per employee per month
3 297 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 11 May 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 2 May 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 21 May 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 | 6 May 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 12 Apr 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 31 Mar 2020 | Company’s own · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Alvar SassBoard member · since 3 Oct 2022
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 AtsoMember of a senior management body (management or supervisory board) · since 29 Oct 2018
Founders and other persons
- aktsiaselts Harju ElekterFounder · 16 000 000 € · 24 Mar 2005
- Ago ViluAudit firm · 24 May 2018
- Aktsiaselts PricewaterhouseCoopersAudit firm · 24 May 2018
- Eva Jansen-DienerAudit firm · 29 Mar 2021
- Tiit AtsoChairman of the supervisory board · 6 May 2025
- Aron Kuhi-ThalfeldtSupervisory board member · 1 Dec 2022
- Erko LepaSupervisory board member · 1 Dec 2022
- Priit TreialSupervisory board member · 1 Dec 2022
- Tiit LumanSupervisory board member · 1 Dec 2022
- Omanikukonto: HARJU ELEKTER GROUP ASShareholder · 800 000 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 27121Manufacture of electricity distribution and control apparatus Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10087296 / 18 3 Jun 2026 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 3 Jun 2026 |
||
| Ä 10087296 / 17 16 Mar 2026 |
Second (constitutive) merger entry | In force 16 Mar 2026 |
||
| Ä 10087296 / 16 21 May 2024 |
Amendment entry | In force 21 May 2024 |
||
| Ä 10087296 / 15 15 Mar 2024 |
Amendment entry | In force 15 Mar 2024 |
||
| Ä 10087296 / 14 23 May 2023 |
Amendment entry | In force 23 May 2023 |
||
| Ä 10087296 / 13 13 Mar 2023 |
Second (constitutive) merger entry | In force 13 Mar 2023 |
||
| Ä 10087296 / M5 2 Mar 2023 |
Ruling to eliminate deficiencies | 18 Mar 2023 | Deficiencies eliminated 13 Mar 2023 |
|
| Ä 10087296 / 12 3 Oct 2022 |
Amendment entry | In force 3 Oct 2022 |
||
| Ä 10087296 / M4 27 Sep 2022 |
Ruling to eliminate deficiencies | 11 Oct 2022 | Deficiencies eliminated 3 Oct 2022 |
|
| Ä 10087296 / 11 25 Aug 2022 |
Amendment entry | In force 25 Aug 2022 |
||
| Ä 10087296 / M3 31 May 2022 |
Ruling to correct data outside an entry | 15 Jun 2022 | Deficiencies eliminated 6 Jun 2022 |
|
| Ä 10087296 / M2 21 Jun 2021 |
Ruling to correct data outside an entry | 21 Jul 2021 | Deficiencies eliminated 2 Jul 2021 |
|
| Ä 10087296 / M1 6 Apr 2020 |
Ruling to eliminate deficiencies | 6 May 2020 | Deficiencies eliminated 14 Apr 2020 |
|
| Ä 10087296 / 10 1 Apr 2019 |
Amendment entry | In force 1 Apr 2019 |
||
| Ä 10087296 / 9 29 Mar 2019 |
Amendment entry | In force 29 Mar 2019 |
||
| Ä 10087296 / 8 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10087296 / 7 8 Nov 2017 |
Amendment entry | In force 8 Nov 2017 |
||
| Ä 10087296 / 6 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10087296 / 5 1 Jun 2015 |
Amendment entry | In force 1 Jun 2015 |
||
| Ä 10087296 / 4 15 Jul 2013 |
Amendment entry | In force 15 Jul 2013 |
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| Ä 10087296 / 3 18 Apr 2011 |
Amendment entry | In force 18 Apr 2011 |
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| Ä 87296 / 2 3 Dec 2008 |
Deletion of activities from the registry card | In force 3 Dec 2008 |
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| Ä 87296 24 Mar 2005 |
First entry | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data