Eltech Solutions OÜ

Active Registry code 12062710 OÜ Rannamõisa küla Registered 18 Feb 2011
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Eltech Solutions OÜ is a OÜ based in Rannamõisa küla, registry code 12062710, status: active. Main activity: Manufacture of electricity distribution and control apparatus. According to EMTA, turnover for Q3 2026 was €5 102 133 with 105 employees.

Turnover
5 102 133 €
↓ 0.0% vs Q2 2026
State taxes
863 419 €
↑ 3.5% vs Q2 2026
Labour taxes
435 324 €
↑ 4.6% vs Q2 2026
Employees
105
−3 vs Q2 2026

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

Position in the industry Manufacture of electrical equipment · EMTAK 27

  • Turnover · Q3 2026 5.1 mn €
    industry median 215 709 € · companies in the industry: 143
  • Labour taxes per employee 4 146 €
    industry median 2 978 € · companies in the industry: 116
  • Revenue · 2025 23.9 mn €
    industry median 131 237 € · companies in the industry: 178
  • Net profit margin · 2025 8.7 %
    industry median 3.8 % · companies in the industry: 135

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 5 102 133 € · −0.0% vs Q2 2026 · industry median 215 709 € · above 90% of the industry
02 5005 0007 50010 00012 500Q4 2023 Company: 4 323 964 € Industry median: 279 466 €Q4·23Q1 2024 Company: 7 732 728 € Industry median: 210 065 €Q2 2024 Company: 6 056 686 € Industry median: 197 044 €Q2·24Q3 2024 Company: 5 537 206 € Industry median: 172 996 €Q4 2024 Company: 10 352 723 € Industry median: 237 912 €Q4·24Q1 2025 Company: 5 210 491 € Industry median: 196 687 €Q2 2025 Company: 6 355 641 € Industry median: 215 340 €Q2·25Q3 2025 Company: 7 236 680 € Industry median: 234 946 €Q4 2025 Company: 11 216 447 € Industry median: 231 679 €Q4·25Q1 2026 Company: 9 371 379 € Industry median: 243 069 €Q2 2026 Company: 5 104 412 € Industry median: 256 305 €Q2·26Q3 2026 Company: 5 102 133 € Industry median: 215 709 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 10 352 723 € Industry median: 237 912 €Q1 2025 Company: 5 210 491 € Industry median: 196 687 €Q1·25Q2 2025 Company: 6 355 641 € Industry median: 215 340 €Q3 2025 Company: 7 236 680 € Industry median: 234 946 €Q3·25Q4 2025 Company: 11 216 447 € Industry median: 231 679 €Q1 2026 Company: 9 371 379 € Industry median: 243 069 €Q1·26Q2 2026 Company: 5 104 412 € Industry median: 256 305 €Q3 2026 Company: 5 102 133 € Industry median: 215 709 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 146 € · +7.6% vs Q2 2026 · industry median 2 978 € · above 80% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 625 € Industry median: 2 437 €Q4·23Q1 2024 Company: 2 927 € Industry median: 2 523 €Q2 2024 Company: 2 910 € Industry median: 2 614 €Q2·24Q3 2024 Company: 3 581 € Industry median: 2 569 €Q4 2024 Company: 4 251 € Industry median: 2 666 €Q4·24Q1 2025 Company: 2 544 € Industry median: 2 627 €Q2 2025 Company: 3 352 € Industry median: 2 700 €Q2·25Q3 2025 Company: 3 893 € Industry median: 3 089 €Q4 2025 Company: 4 064 € Industry median: 2 877 €Q4·25Q1 2026 Company: 3 791 € Industry median: 2 829 €Q2 2026 Company: 3 852 € Industry median: 2 852 €Q2·26Q3 2026 Company: 4 146 € Industry median: 2 978 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 4 251 € Industry median: 2 666 €Q1 2025 Company: 2 544 € Industry median: 2 627 €Q1·25Q2 2025 Company: 3 352 € Industry median: 2 700 €Q3 2025 Company: 3 893 € Industry median: 3 089 €Q3·25Q4 2025 Company: 4 064 € Industry median: 2 877 €Q1 2026 Company: 3 791 € Industry median: 2 829 €Q1·26Q2 2026 Company: 3 852 € Industry median: 2 852 €Q3 2026 Company: 4 146 € Industry median: 2 978 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 105 · −2.8% vs Q2 2026
0255075100125Q4 2023 Company: 44Q4·23Q1 2024 Company: 54Q2 2024 Company: 67Q2·24Q3 2024 Company: 73Q4 2024 Company: 68Q4·24Q1 2025 Company: 73Q2 2025 Company: 91Q2·25Q3 2025 Company: 99Q4 2025 Company: 104Q4·25Q1 2026 Company: 110Q2 2026 Company: 108Q2·26Q3 2026 Company: 105Q3·260255075100125Q4 2024 Company: 68Q1 2025 Company: 73Q1·25Q2 2025 Company: 91Q3 2025 Company: 99Q3·25Q4 2025 Company: 104Q1 2026 Company: 110Q1·26Q2 2026 Company: 108Q3 2026 Company: 105Q3·26
State taxes, € thousand Q3 2026: 863 419 € · +3.5% vs Q2 2026
05001 0001 5002 000Q4 2023 Company: 453 391 €Q4·23Q1 2024 Company: 387 710 €Q2 2024 Company: 687 323 €Q2·24Q3 2024 Company: 259 621 €Q4 2024 Company: 1 743 608 €Q4·24Q1 2025 Company: 195 777 €Q2 2025 Company: 301 628 €Q2·25Q3 2025 Company: 511 682 €Q4 2025 Company: 839 421 €Q4·25Q1 2026 Company: 783 021 €Q2 2026 Company: 834 103 €Q2·26Q3 2026 Company: 863 419 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 743 608 €Q1 2025 Company: 195 777 €Q1·25Q2 2025 Company: 301 628 €Q3 2025 Company: 511 682 €Q3·25Q4 2025 Company: 839 421 €Q1 2026 Company: 783 021 €Q1·26Q2 2026 Company: 834 103 €Q3 2026 Company: 863 419 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 5 102 133 863 419 435 324 105
Q2 2026 5 104 412 834 103 415 992 108
Q1 2026 9 371 379 783 021 417 040 110
Q4 2025 11 216 447 839 421 422 641 104
Q3 2025 7 236 680 511 682 385 377 99
Q2 2025 6 355 641 301 628 305 040 91
Q1 2025 5 210 491 195 777 185 719 73
Q4 2024 10 352 723 1 743 608 289 045 68
Q3 2024 5 537 206 259 621 261 400 73
Q2 2024 6 056 686 687 323 194 979 67
Q1 2024 7 732 728 387 710 158 046 54
Q4 2023 4 323 964 453 391 159 485 44
Q3 2023 12 863 212 437 375 125 607 39
Q2 2023 12 007 040 257 285 114 871 34
Q1 2023 10 654 606 227 666 92 564 33
Q4 2022 5 765 206 454 335 84 564 30
Q3 2022 3 197 380 366 048 110 710 27
Q2 2022 2 248 774 193 798 70 066 29
Q1 2022 1 159 733 129 207 63 114 27
Labour taxes per employee per month
1 382 €
Turnover per employee in the quarter
48 592 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 23 907 000 € · +6.4% vs 2024 · industry median 131 237 € · above 95% of the industry
010 00020 00030 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3 167 578 € Industry median: 301 998 €20192020 Company: 4 093 368 € Industry median: 270 335 €20202021 Company: 4 054 209 € Industry median: 293 229 €20212022 Company: 7 300 343 € Industry median: 239 010 €20222023 Company: 30 418 192 € Industry median: 217 400 €20232024 Company: 22 460 859 € Industry median: 180 833 €20242025 Company: 23 907 000 € Industry median: 131 237 €2025010 00020 00030 00040 0002018 Company: — Industry median: —2019 Company: 3 167 578 € Industry median: 301 998 €20192020 Company: 4 093 368 € Industry median: 270 335 €2021 Company: 4 054 209 € Industry median: 293 229 €20212022 Company: 7 300 343 € Industry median: 239 010 €2023 Company: 30 418 192 € Industry median: 217 400 €20232024 Company: 22 460 859 € Industry median: 180 833 €2025 Company: 23 907 000 € Industry median: 131 237 €2025
  • Company
  • Industry median

Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 2 081 000 € · −45.7% vs 2024 · industry median 915 € · above 98% of the industry
-1 00001 0002 0003 0004 0005 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 208 136 € Industry median: 4 909 €20192020 Company: 172 995 € Industry median: 3 640 €20202021 Company: -81 754 € Industry median: 7 004 €20212022 Company: 590 132 € Industry median: 3 267 €20222023 Company: 4 237 534 € Industry median: 1 920 €20232024 Company: 3 832 833 € Industry median: 1 406 €20242025 Company: 2 081 000 € Industry median: 915 €2025-1 00001 0002 0003 0004 0005 0002018 Company: — Industry median: —2019 Company: 208 136 € Industry median: 4 909 €20192020 Company: 172 995 € Industry median: 3 640 €2021 Company: -81 754 € Industry median: 7 004 €20212022 Company: 590 132 € Industry median: 3 267 €2023 Company: 4 237 534 € Industry median: 1 920 €20232024 Company: 3 832 833 € Industry median: 1 406 €2025 Company: 2 081 000 € Industry median: 915 €2025
  • Company
  • Industry median

Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 8.7 % · −8.4 pp vs the year before · industry median 3.8 % · above 67% of the industry
-5051015202016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 6.6 % Industry median: 4.7 %20192020 Company: 4.2 % Industry median: 4.2 %20202021 Company: -2.0 % Industry median: 4.4 %20212022 Company: 8.1 % Industry median: 4.7 %20222023 Company: 13.9 % Industry median: 5.0 %20232024 Company: 17.1 % Industry median: 4.2 %20242025 Company: 8.7 % Industry median: 3.8 %2025-5051015202018 Company: — Industry median: —2019 Company: 6.6 % Industry median: 4.7 %20192020 Company: 4.2 % Industry median: 4.2 %2021 Company: -2.0 % Industry median: 4.4 %20212022 Company: 8.1 % Industry median: 4.7 %2023 Company: 13.9 % Industry median: 5.0 %20232024 Company: 17.1 % Industry median: 4.2 %2025 Company: 8.7 % Industry median: 3.8 %2025
  • Company
  • Industry median

Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 16 936 000 € · +11.3% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 829 336 €20192020 Company: 1 976 468 €20202021 Company: 1 822 141 €20212022 Company: 7 066 016 €20222023 Company: 10 319 067 €20232024 Company: 15 216 128 €20242025 Company: 16 936 000 €202505 00010 00015 00020 0002018 Company: —2019 Company: 1 829 336 €20192020 Company: 1 976 468 €2021 Company: 1 822 141 €20212022 Company: 7 066 016 €2023 Company: 10 319 067 €20232024 Company: 15 216 128 €2025 Company: 16 936 000 €2025
Equity, € thousand 2025: 10 207 000 € · +28.4% vs 2024
02 5005 0007 50010 00012 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 669 189 €20192020 Company: 732 185 €20202021 Company: 510 907 €20212022 Company: 1 001 039 €20222023 Company: 4 240 284 €20232024 Company: 7 949 135 €20242025 Company: 10 207 000 €202502 5005 0007 50010 00012 5002018 Company: —2019 Company: 669 189 €20192020 Company: 732 185 €2021 Company: 510 907 €20212022 Company: 1 001 039 €2023 Company: 4 240 284 €20232024 Company: 7 949 135 €2025 Company: 10 207 000 €2025
Employees 2025: 92 · +39.4% vs 2024 · industry median 8 · above 85% of the industry
0204060801002016 Company: 9 Industry median: —20162017 Company: 13 Industry median: —20172018 Company: 18 Industry median: 9.520182019 Company: 21 Industry median: 1020192020 Company: 25 Industry median: 1020202021 Company: 25 Industry median: 920212022 Company: 29 Industry median: 920222023 Company: 31 Industry median: 1020232024 Company: 66 Industry median: 1020242025 Company: 92 Industry median: 820250204060801002018 Company: 18 Industry median: 9.52019 Company: 21 Industry median: 1020192020 Company: 25 Industry median: 102021 Company: 25 Industry median: 920212022 Company: 29 Industry median: 92023 Company: 31 Industry median: 1020232024 Company: 66 Industry median: 102025 Company: 92 Industry median: 82025
  • Company
  • Industry median

Industry: Manufacture of electrical equipment (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 23 907 000 2 081 000 3 520 000 16 936 000 10 207 000 92
2024 22 460 859 3 832 833 2 239 761 15 216 128 7 949 135 66
2023 30 418 192 4 237 534 1 233 304 10 319 067 4 240 284 31
2022 7 300 343 590 132 813 710 7 066 016 1 001 039 29
2021 4 054 209 -81 754 637 318 1 822 141 510 907 25
2020 4 093 368 172 995 615 448 1 976 468 732 185 25
2019 3 167 578 208 136 504 265 1 829 336 669 189 21
2018 — — — — — 18
2017 — — — — — 13
2016 — — — — — 9
2015 — — — — — 9
2014 — — — — — 7
2013 — — — — — 6
2012 — — — — — 4
2011 — — — — — 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
8.5 %
Net profit / revenue
Return on equity (ROE)
20.4 %
Net profit / equity
Return on assets (ROA)
12.3 %
Net profit / assets
Equity ratio
60.3 %
Equity / assets
Debt ratio
39.7 %
Liabilities / assets
Current ratio
1.86
Current assets / current liabilities
Revenue per employee
265 935 €
Revenue / average full-time employees
Labour cost per employee per month
3 188 €
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 3 Jul 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 30 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 15 Jul 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 7 Oct 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 1 700 000 € AS LHV Pank 21 May 2025 – in force
1 300 000 € AS LHV Pank 24 Aug 2022 – in force

Board

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)

  • 27121Manufacture of electricity distribution and control apparatus Main
  • 47781Retail sale of optical equipment
Rulings
Number, date Title Deadline State Document
K 10153115 / 20
21 May 2025
Commercial pledge amended In force
21 May 2025
PDF
K 10153115 / 19
21 May 2025
Commercial pledge entered In force
21 May 2025
PDF
K 10153115 / M4
13 May 2025
Ruling to eliminate deficiencies Deficiencies eliminated
21 May 2025
PDF
Ä 10153115 / 18
30 Jul 2024
Amendment entry In force
30 Jul 2024
PDF
Ä 10153115 / 17
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
K 10153115 / 16
24 Aug 2022
Commercial pledge entered In force
24 Aug 2022
PDF
Ä 10153115 / 15
15 Jul 2021
Amendment entry In force
15 Jul 2021
PDF
Ä 10153115 / M3
29 May 2020
Ruling to eliminate deficiencies 28 Jun 2020 Deficiencies eliminated
29 May 2020
PDF
Ä 10153115 / 14
29 May 2020
Amendment entry In force
29 May 2020
PDF
Ä 10153115 / M2
14 May 2020
Ruling to eliminate deficiencies 28 Jun 2020 Deficiencies eliminated
29 May 2020
PDF
Ä 10153115 / 13
25 Sep 2019
Amendment entry In force
25 Sep 2019
PDF
Ä 10153115 / 12
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10153115 / 11
1 Dec 2017
Amendment entry In force
1 Dec 2017
PDF
Ä 10153115 / 10
2 Dec 2016
Amendment entry In force
2 Dec 2016
PDF
Ä 10153115 / 9
16 Sep 2016
Amendment entry In force
16 Sep 2016
PDF
Ä 10153115 / 8
21 Mar 2016
Amendment entry In force
21 Mar 2016
PDF
Ä 10153115 / 7
1 Nov 2013
Amendment entry In force
1 Nov 2013
PDF
Ä 10153115 / 6
29 Nov 2012
Amendment entry In force
29 Nov 2012
PDF
Ä 10153115 / M1
26 Nov 2012
Ruling to eliminate deficiencies 7 Jan 2013 In force
26 Nov 2012
PDF
Ä 10153115 / 5
3 Sep 2012
Amendment entry In force
3 Sep 2012
PDF
Ä 10153115 / 4
24 Jan 2012
Amendment under Commercial Code § 525 (2) In force
24 Jan 2012
PDF
Ä 10153115 / 3
16 Nov 2011
Amendment entry In force
16 Nov 2011
PDF
Ä 10153115 / 2
30 May 2011
Amendment under Commercial Code § 525 (2) In force
30 May 2011
PDF
Ä 10153115
18 Feb 2011
First entry In force
18 Feb 2011
PDF

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