Switch Electric OÜ is a OÜ based in Tallinn, registry code 12264856, status: active. Main activity: Wholesale of electrical material and their requisites and electrical machines, including cables. According to EMTA, turnover for Q3 2026 was €441 238 with 4 employees.
Turnover
441 238 €
↑ 2.1%vs Q2 2026
State taxes
32 095 €
Labour taxes
16 059 €
↑ 0.1%vs Q2 2026
Employees
4
−1vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Wholesale trade · EMTAK 46
Turnover · Q3 2026441 238 €
above 79% of companies
industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee4 015 €
above 77% of companies
industry median 2 104 € · companies in the industry: 4 194
Revenue · 20251.3 mn €
above 85% of companies
industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 20257.2 %
above 67% of companies
industry median 2.7 % · companies in the industry: 7 414
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 441 238 € · +2.1% vs Q2 2026 · industry median 60 065 € · above 79% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 4 015 € · +25.1% vs Q2 2026 · industry median 2 104 € · above 77% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Revenue, € thousand 2025: 1 320 186 € · −26.9% vs 2024 · industry median 63 691 € · above 85% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: 95 689 € · −13.1% vs 2024 · industry median 127 € · above 88% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 7.2 % · +1.2 pp vs the year before · industry median 2.7 % · above 67% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 2 466 907 € · +13.2% vs 2024Equity, € thousand 2025: 2 150 802 € · +4.7% vs 2024Employees2025: 5 · +0.0% vs 2024 · industry median 2 · above 75% of the industry
Company
Industry median
Industry: Wholesale trade (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
1 320 186
95 689
214 729
2 466 907
2 150 802
5
2024
1 805 367
110 054
175 634
2 178 915
2 055 113
5
2023
1 459 911
-864 714
137 048
2 399 995
1 975 059
5
2022
3 884 748
931 900
134 394
3 278 352
2 839 773
5
2021
1 794 353
147 036
102 963
2 839 456
1 907 873
6
2020
2 227 306
166 216
85 112
2 798 817
1 760 837
6
2019
2 545 607
390 324
101 481
2 662 897
1 594 621
6
2018
—
—
—
—
—
3
2017
—
—
—
—
—
3
2016
—
—
—
—
—
3
2015
—
—
—
—
—
3
2014
—
—
—
—
—
5
2013
—
—
—
—
—
3
2012
—
—
—
—
—
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
7.2 %
Net profit / revenue
Return on equity (ROE)
4.4 %
Net profit / equity
Return on assets (ROA)
3.9 %
Net profit / assets
Equity ratio
87.2 %
Equity / assets
Debt ratio
12.8 %
Liabilities / assets
Current ratio
7.32
Current assets / current liabilities
Revenue per employee
264 037 €
Revenue / average full-time employees
Labour cost per employee per month
3 579 €
Labour costs / employees / 12 months (incl. employer taxes)