Green Electric OÜ

Active Registry code 11271506 OÜ Tallinn Registered 6 Jul 2006
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Green Electric OÜ is a OÜ based in Tallinn, registry code 11271506, status: active. Main activity: Electricity production from wind power. According to EMTA, turnover for Q3 2026 was €39 455 with employees.

Turnover
39 455 €
↓ 16.8% vs Q2 2026
State taxes
0 €
↓ 100.0% vs Q2 2026
Labour taxes
551 €
↓ 20.9% vs Q2 2026
Employees
—

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

Position in the industry Electricity, gas, steam and air conditioning supply · EMTAK 35

  • Turnover · Q3 2026 39 455 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 249 726 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 54.7 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 39 455 € · −16.8% vs Q2 2026 · industry median 3 039 € · above 73% of the industry
050100150Q4 2023 Company: 75 343 € Industry median: 3 548 €Q4·23Q1 2024 Company: 78 333 € Industry median: 919 €Q2 2024 Company: 55 109 € Industry median: 3 798 €Q2·24Q3 2024 Company: 59 582 € Industry median: 4 925 €Q4 2024 Company: 75 470 € Industry median: 3 257 €Q4·24Q1 2025 Company: 112 438 € Industry median: 1 195 €Q2 2025 Company: 54 167 € Industry median: 3 174 €Q2·25Q3 2025 Company: 29 183 € Industry median: 2 640 €Q4 2025 Company: 69 361 € Industry median: 2 889 €Q4·25Q1 2026 Company: 125 328 € Industry median: 1 972 €Q2 2026 Company: 47 418 € Industry median: 2 924 €Q2·26Q3 2026 Company: 39 455 € Industry median: 3 039 €Q3·26050100150Q4 2024 Company: 75 470 € Industry median: 3 257 €Q1 2025 Company: 112 438 € Industry median: 1 195 €Q1·25Q2 2025 Company: 54 167 € Industry median: 3 174 €Q3 2025 Company: 29 183 € Industry median: 2 640 €Q3·25Q4 2025 Company: 69 361 € Industry median: 2 889 €Q1 2026 Company: 125 328 € Industry median: 1 972 €Q1·26Q2 2026 Company: 47 418 € Industry median: 2 924 €Q3 2026 Company: 39 455 € Industry median: 3 039 €Q3·26
  • 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.

State taxes, € thousand Q3 2026: 0 € · −100.0% vs Q2 2026
050100150200250Q4 2023 Company: 12 498 €Q4·23Q1 2024 Company: 4 615 €Q2 2024 Company: 11 323 €Q2·24Q3 2024 Company: 11 274 €Q4 2024 Company: 13 960 €Q4·24Q1 2025 Company: 231 359 €Q2 2025 Company: 7 190 €Q2·25Q3 2025 Company: 4 564 €Q4 2025 Company: 14 571 €Q4·25Q1 2026 Company: 20 999 €Q2 2026 Company: 5 532 €Q2·26Q3 2026 Company: 0 €Q3·26050100150200250Q4 2024 Company: 13 960 €Q1 2025 Company: 231 359 €Q1·25Q2 2025 Company: 7 190 €Q3 2025 Company: 4 564 €Q3·25Q4 2025 Company: 14 571 €Q1 2026 Company: 20 999 €Q1·26Q2 2026 Company: 5 532 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 39 455 — 551 —
Q2 2026 47 418 5 532 697 —
Q1 2026 125 328 20 999 697 —
Q4 2025 69 361 14 571 697 —
Q3 2025 29 183 4 564 697 —
Q2 2025 54 167 7 190 697 —
Q1 2025 112 438 231 359 691 —
Q4 2024 75 470 13 960 679 —
Q3 2024 59 582 11 274 679 —
Q2 2024 55 109 11 323 679 —
Q1 2024 78 333 4 615 679 —
Q4 2023 75 343 12 498 679 —
Q3 2023 48 993 6 429 679 —
Q2 2023 72 100 13 577 679 —
Q1 2023 218 404 42 846 679 —
Q4 2022 176 250 32 577 679 —
Q3 2022 168 404 30 618 679 —
Q2 2022 138 615 23 764 679 —
Q1 2022 157 335 31 067 679 —

Financials by year

2016 – 2025
Revenue, € thousand 2025: 249 726 € · −13.3% vs 2024 · industry median 3 747 € · above 82% of the industry
02004006008002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 178 786 € Industry median: 28 215 €20192020 Company: 254 714 € Industry median: 698 €20202021 Company: 199 547 € Industry median: 4 398 €20212022 Company: 741 037 € Industry median: 13 412 €20222023 Company: 294 403 € Industry median: 4 448 €20232024 Company: 288 131 € Industry median: 4 456 €20242025 Company: 249 726 € Industry median: 3 747 €202502004006008002018 Company: — Industry median: —2019 Company: 178 786 € Industry median: 28 215 €20192020 Company: 254 714 € Industry median: 698 €2021 Company: 199 547 € Industry median: 4 398 €20212022 Company: 741 037 € Industry median: 13 412 €2023 Company: 294 403 € Industry median: 4 448 €20232024 Company: 288 131 € Industry median: 4 456 €2025 Company: 249 726 € Industry median: 3 747 €2025
  • 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.

Net profit, € thousand 2025: 136 518 € · +391.6% vs 2024 · industry median 0 € · above 92% of the industry
02004006008002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 84 881 € Industry median: 0 €20192020 Company: 201 555 € Industry median: 0 €20202021 Company: 198 709 € Industry median: 101 €20212022 Company: 674 688 € Industry median: 1 580 €20222023 Company: 181 968 € Industry median: 0 €20232024 Company: 27 768 € Industry median: 0 €20242025 Company: 136 518 € Industry median: 0 €202502004006008002018 Company: — Industry median: —2019 Company: 84 881 € Industry median: 0 €20192020 Company: 201 555 € Industry median: 0 €2021 Company: 198 709 € Industry median: 101 €20212022 Company: 674 688 € Industry median: 1 580 €2023 Company: 181 968 € Industry median: 0 €20232024 Company: 27 768 € Industry median: 0 €2025 Company: 136 518 € Industry median: 0 €2025
  • 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.

Net profit margin, % 2025: 54.7 % · +45.0 pp vs the year before · industry median 3.6 % · above 86% of the industry
0204060801002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 47.5 % Industry median: 9.7 %20192020 Company: 79.1 % Industry median: 8.8 %20202021 Company: 99.6 % Industry median: 23.4 %20212022 Company: 91.0 % Industry median: 51.2 %20222023 Company: 61.8 % Industry median: 15.7 %20232024 Company: 9.6 % Industry median: 4.5 %20242025 Company: 54.7 % Industry median: 3.6 %20250204060801002018 Company: — Industry median: —2019 Company: 47.5 % Industry median: 9.7 %20192020 Company: 79.1 % Industry median: 8.8 %2021 Company: 99.6 % Industry median: 23.4 %20212022 Company: 91.0 % Industry median: 51.2 %2023 Company: 61.8 % Industry median: 15.7 %20232024 Company: 9.6 % Industry median: 4.5 %2025 Company: 54.7 % Industry median: 3.6 %2025
  • 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.

Assets, € thousand 2025: 856 321 € · −7.8% vs 2024
05001 0001 5002 0002 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 610 423 €20192020 Company: 1 630 400 €20202021 Company: 1 659 019 €20212022 Company: 2 138 179 €20222023 Company: 1 540 398 €20232024 Company: 928 491 €20242025 Company: 856 321 €202505001 0001 5002 0002 5002018 Company: —2019 Company: 1 610 423 €20192020 Company: 1 630 400 €2021 Company: 1 659 019 €20212022 Company: 2 138 179 €2023 Company: 1 540 398 €20232024 Company: 928 491 €2025 Company: 856 321 €2025
Equity, € thousand 2025: 843 122 € · +19.3% vs 2024
05001 0001 5002 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 261 917 €20192020 Company: 463 471 €20202021 Company: 662 180 €20212022 Company: 1 336 868 €20222023 Company: 1 518 836 €20232024 Company: 706 604 €20242025 Company: 843 122 €202505001 0001 5002 0002018 Company: —2019 Company: 261 917 €20192020 Company: 463 471 €2021 Company: 662 180 €20212022 Company: 1 336 868 €2023 Company: 1 518 836 €20232024 Company: 706 604 €2025 Company: 843 122 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 220182019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02018 Company: 0 Industry median: 22019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 22025 Company: 0 Industry median: 22025
  • 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.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 249 726 136 518 0 856 321 843 122 0
2024 288 131 27 768 0 928 491 706 604 0
2023 294 403 181 968 0 1 540 398 1 518 836 0
2022 741 037 674 688 0 2 138 179 1 336 868 0
2021 199 547 198 709 0 1 659 019 662 180 0
2020 254 714 201 555 0 1 630 400 463 471 0
2019 178 786 84 881 0 1 610 423 261 917 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 0
2014 — — — — — 0
2013 — — — — — 0
2012 — — — — — 0
2011 — — — — — 0
2010 — — — — — 0
2009 — — — — — 0
2007 — — — — — 0

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
54.7 %
Net profit / revenue
Return on equity (ROE)
16.2 %
Net profit / equity
Return on assets (ROA)
15.9 %
Net profit / assets
Equity ratio
98.5 %
Equity / assets
Debt ratio
1.5 %
Liabilities / assets
Current ratio
37.38
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 27 Apr 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 22 Jun 2020 Company’s own · audited e-Äriregister

Board

  • Indrek Pappel
    Board member · since 23 Sep 2013
  • Marek Jassik
    Board member · since 23 Sep 2013
  • Nasdaq CSD SE
    Keeper of the share register · since 28 Sep 2017

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 35122Electricity production from wind power Main
Rulings
Number, date Title Deadline State Document
Ä 10100003 / 25
11 Feb 2020
Amendment entry In force
11 Feb 2020
PDF
Ä 10100003 / 24
17 Dec 2018
Amendment under Commercial Code § 525 (2) In force
17 Dec 2018
PDF
Ä 10100003 / 23
17 Dec 2018
Amendment under Commercial Code § 525 (2) In force
17 Dec 2018
PDF
Ä 10100003 / 22
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10100003 / 21
29 Dec 2017
Amendment entry In force
29 Dec 2017
PDF
Ä 10100003 / 20
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10100003 / 19
29 Sep 2016
Amendment entry In force
29 Sep 2016
PDF
Ä 10100003 / 18
27 Nov 2014
Amendment entry In force
27 Nov 2014
PDF
Ä 10100003 / 17
26 Sep 2013
Amendment entry In force
26 Sep 2013
PDF
Ä 10100003 / 16
23 Sep 2013
Amendment entry In force
23 Sep 2013
PDF
Ä 10100003 / M5
6 Sep 2013
Ruling to eliminate deficiencies 6 Oct 2013 Deficiencies eliminated
19 Sep 2013
PDF
Ä 10100003 / 15
7 Feb 2013
Amendment entry In force
7 Feb 2013
PDF
Ä 10100003 / 14
11 May 2012
Amendment entry In force
11 May 2012
PDF
Ä 10100003 / 13
27 Dec 2011
Amendment entry In force
27 Dec 2011
PDF
Ä 10100003 / 12
19 Sep 2011
Amendment entry In force
19 Sep 2011
PDF
Ä 10100003 / 11
5 May 2011
Amendment entry In force
5 May 2011
PDF
Ä 10100003 / 10
31 Mar 2011
Amendment entry In force
31 Mar 2011
PDF
Ä 10100003 / 9
5 Jan 2011
Amendment entry In force
5 Jan 2011
PDF
Ä 10100003 / 8
21 Jun 2010
Entry refused: deficiencies not eliminated In force
31 Dec 2010
PDF
Ä 10100003 / 7
21 Jun 2010
Amendment entry In force
21 Jun 2010
PDF
Ä 10100003 / M4
17 May 2010
Ruling to eliminate deficiencies 17 Jun 2010 In force
17 May 2010
PDF
Ä 10100003 / 6
12 May 2010
Entry made by the register on its own initiative In force
12 May 2010
PDF
Ä 10100003 / M3
8 Mar 2010
Public service of a ruling in Ametlikud Teadaanded In force
2 Jan 2013
PDF
Ä 100003 / M2
20 Jan 2010
Warning of deletion from the register: annual report not filed 13 Oct 2010 Deficiencies eliminated
27 Apr 2011
PDF
Ä 100003 / M1
7 Oct 2009
Fine for not filing the report 12 Nov 2009 In force
28 Oct 2009
PDF
Ä 100003 / 5
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
Ä 100003 / 4
14 Apr 2008
Amendment entry In force
14 Apr 2008
PDF
Ä 100003 / 3
19 Mar 2008
Amendment entry In force
19 Mar 2008
PDF
Ä 100003 / 2
16 Oct 2006
Entry made by the register on its own initiative In force
16 Oct 2006
PDF
Ä 100003
6 Jul 2006
First entry In force
6 Jul 2006
PDF

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