Balti Päikesepargid OÜ

Active Registry code 12440595 OÜ Lutike küla Registered 18 Mar 2013
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Balti Päikesepargid OÜ is a OÜ based in Lutike küla, registry code 12440595, status: active. Main activity: Distribution of electricity. According to EMTA, turnover for Q3 2026 was €6 376 with 1 employees.

Turnover
6 376 €
↑ 69.0% vs Q2 2026
State taxes
2 641 €
↑ 102.2% vs Q2 2026
Labour taxes
1 692 €
↑ 50.0% vs Q2 2026
Employees
1
±0 vs Q2 2026

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 6 376 €
    industry median 3 039 € · companies in the industry: 735
  • Labour taxes per employee 1 692 €
    industry median 2 710 € · companies in the industry: 179
  • Revenue · 2025 22 389 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 -206.9 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 6 376 € · +69.0% vs Q2 2026 · industry median 3 039 € · above 57% of the industry
050100150200250Q4 2023 Company: 245 568 € Industry median: 3 548 €Q4·23Q1 2024 Company: 1 245 € Industry median: 919 €Q2 2024 Company: 9 034 € Industry median: 3 798 €Q2·24Q3 2024 Company: 16 277 € Industry median: 4 925 €Q4 2024 Company: 17 229 € Industry median: 3 257 €Q4·24Q1 2025 Company: 2 135 € Industry median: 1 195 €Q2 2025 Company: 4 907 € Industry median: 3 174 €Q2·25Q3 2025 Company: 11 959 € Industry median: 2 640 €Q4 2025 Company: 1 855 € Industry median: 2 889 €Q4·25Q1 2026 Company: 371 € Industry median: 1 972 €Q2 2026 Company: 3 772 € Industry median: 2 924 €Q2·26Q3 2026 Company: 6 376 € Industry median: 3 039 €Q3·2605101520Q4 2024 Company: 17 229 € Industry median: 3 257 €Q1 2025 Company: 2 135 € Industry median: 1 195 €Q1·25Q2 2025 Company: 4 907 € Industry median: 3 174 €Q3 2025 Company: 11 959 € Industry median: 2 640 €Q3·25Q4 2025 Company: 1 855 € Industry median: 2 889 €Q1 2026 Company: 371 € Industry median: 1 972 €Q1·26Q2 2026 Company: 3 772 € Industry median: 2 924 €Q3 2026 Company: 6 376 € 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.

Labour taxes per employee, € Q3 2026: 1 692 € · +50.0% vs Q2 2026 · industry median 2 710 € · above 31% of the industry
02 0004 0006 000Q4 2023 Company: 4 600 € Industry median: 2 214 €Q4·23Q1 2024 Company: 5 398 € Industry median: 2 418 €Q2 2024 Company: 4 220 € Industry median: 2 645 €Q2·24Q3 2024 Company: 3 416 € Industry median: 2 343 €Q4 2024 Company: 3 416 € Industry median: 2 432 €Q4·24Q1 2025 Company: 2 274 € Industry median: 2 583 €Q2 2025 Company: 3 406 € Industry median: 2 531 €Q2·25Q3 2025 Company: 3 398 € Industry median: 2 771 €Q4 2025 Company: 3 244 € Industry median: 2 743 €Q4·25Q1 2026 Company: 1 847 € Industry median: 2 845 €Q2 2026 Company: 1 128 € Industry median: 2 754 €Q2·26Q3 2026 Company: 1 692 € Industry median: 2 710 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 416 € Industry median: 2 432 €Q1 2025 Company: 2 274 € Industry median: 2 583 €Q1·25Q2 2025 Company: 3 406 € Industry median: 2 531 €Q3 2025 Company: 3 398 € Industry median: 2 771 €Q3·25Q4 2025 Company: 3 244 € Industry median: 2 743 €Q1 2026 Company: 1 847 € Industry median: 2 845 €Q1·26Q2 2026 Company: 1 128 € Industry median: 2 754 €Q3 2026 Company: 1 692 € Industry median: 2 710 €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.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 2 641 € · +102.2% vs Q2 2026
05 00010 00015 00020 00025 000Q4 2023 Company: 20 996 €Q4·23Q1 2024 Company: 5 349 €Q2 2024 Company: 8 063 €Q2·24Q3 2024 Company: 9 481 €Q4 2024 Company: 6 959 €Q4·24Q1 2025 Company: 2 386 €Q2 2025 Company: 4 357 €Q2·25Q3 2025 Company: 6 380 €Q4 2025 Company: 3 753 €Q4·25Q1 2026 Company: 2 284 €Q2 2026 Company: 1 306 €Q2·26Q3 2026 Company: 2 641 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 6 959 €Q1 2025 Company: 2 386 €Q1·25Q2 2025 Company: 4 357 €Q3 2025 Company: 6 380 €Q3·25Q4 2025 Company: 3 753 €Q1 2026 Company: 2 284 €Q1·26Q2 2026 Company: 1 306 €Q3 2026 Company: 2 641 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 6 376 2 641 1 692 1
Q2 2026 3 772 1 306 1 128 1
Q1 2026 371 2 284 1 847 1
Q4 2025 1 855 3 753 3 244 1
Q3 2025 11 959 6 380 3 398 1
Q2 2025 4 907 4 357 3 406 1
Q1 2025 2 135 2 386 2 274 1
Q4 2024 17 229 6 959 3 416 1
Q3 2024 16 277 9 481 3 416 1
Q2 2024 9 034 8 063 4 220 1
Q1 2024 1 245 5 349 5 398 1
Q4 2023 245 568 20 996 4 600 1
Q3 2023 24 763 9 361 8 709 1
Q2 2023 91 887 19 762 4 635 1
Q1 2023 7 825 13 640 12 376 1
Q4 2022 67 366 23 044 9 670 1
Q3 2022 68 195 15 570 2 613 1
Q2 2022 31 059 7 464 1 918 1
Q1 2022 2 436 4 764 4 355 1
Labour taxes per employee per month
564 €
Turnover per employee in the quarter
6 376 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 22 389 € · −44.8% vs 2024 · industry median 3 747 € · above 71% of the industry
01002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 630 € Industry median: 28 215 €20192020 Company: 17 622 € Industry median: 698 €20202021 Company: 77 191 € Industry median: 4 398 €20212022 Company: 166 860 € Industry median: 13 412 €20222023 Company: 299 373 € Industry median: 4 448 €20232024 Company: 40 532 € Industry median: 4 456 €20242025 Company: 22 389 € Industry median: 3 747 €202501002003002018 Company: — Industry median: —2019 Company: 2 630 € Industry median: 28 215 €20192020 Company: 17 622 € Industry median: 698 €2021 Company: 77 191 € Industry median: 4 398 €20212022 Company: 166 860 € Industry median: 13 412 €2023 Company: 299 373 € Industry median: 4 448 €20232024 Company: 40 532 € Industry median: 4 456 €2025 Company: 22 389 € 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: -46 321 € · −47.1% vs 2024 · industry median 0 € · above 9% of the industry
-500501001502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -3 052 € Industry median: 0 €20192020 Company: 16 725 € Industry median: 0 €20202021 Company: 86 397 € Industry median: 101 €20212022 Company: 81 122 € Industry median: 1 580 €20222023 Company: 116 274 € Industry median: 0 €20232024 Company: -31 483 € Industry median: 0 €20242025 Company: -46 321 € Industry median: 0 €2025-500501001502018 Company: — Industry median: —2019 Company: -3 052 € Industry median: 0 €20192020 Company: 16 725 € Industry median: 0 €2021 Company: 86 397 € Industry median: 101 €20212022 Company: 81 122 € Industry median: 1 580 €2023 Company: 116 274 € Industry median: 0 €20232024 Company: -31 483 € Industry median: 0 €2025 Company: -46 321 € 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: -206.9 % · −129.2 pp vs the year before · industry median 3.6 % · above 8% of the industry
-300-200-10001002002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -116.0 % Industry median: 9.7 %20192020 Company: 94.9 % Industry median: 8.8 %20202021 Company: 111.9 % Industry median: 23.4 %20212022 Company: 48.6 % Industry median: 51.2 %20222023 Company: 38.8 % Industry median: 15.7 %20232024 Company: -77.7 % Industry median: 4.5 %20242025 Company: -206.9 % Industry median: 3.6 %2025-300-200-10001002002018 Company: — Industry median: —2019 Company: -116.0 % Industry median: 9.7 %20192020 Company: 94.9 % Industry median: 8.8 %2021 Company: 111.9 % Industry median: 23.4 %20212022 Company: 48.6 % Industry median: 51.2 %2023 Company: 38.8 % Industry median: 15.7 %20232024 Company: -77.7 % Industry median: 4.5 %2025 Company: -206.9 % 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: 391 732 € · −32.1% vs 2024
02004006008002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 13 861 €20192020 Company: 31 487 €20202021 Company: 110 850 €20212022 Company: 506 260 €20222023 Company: 611 224 €20232024 Company: 577 238 €20242025 Company: 391 732 €202502004006008002018 Company: —2019 Company: 13 861 €20192020 Company: 31 487 €2021 Company: 110 850 €20212022 Company: 506 260 €2023 Company: 611 224 €20232024 Company: 577 238 €2025 Company: 391 732 €2025
Equity, € thousand 2025: 202 763 € · −18.6% vs 2024
01002003002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 48 €20192020 Company: 16 773 €20202021 Company: 103 170 €20212022 Company: 184 292 €20222023 Company: 280 567 €20232024 Company: 249 084 €20242025 Company: 202 763 €202501002003002018 Company: —2019 Company: 48 €20192020 Company: 16 773 €2021 Company: 103 170 €20212022 Company: 184 292 €2023 Company: 280 567 €20232024 Company: 249 084 €2025 Company: 202 763 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% 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: 2 Industry median: 220212022 Company: 2 Industry median: 220222023 Company: 2 Industry median: 220232024 Company: 1 Industry median: 220242025 Company: 1 Industry median: 220250.00.51.01.52.02018 Company: 0 Industry median: 22019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 22021 Company: 2 Industry median: 220212022 Company: 2 Industry median: 22023 Company: 2 Industry median: 220232024 Company: 1 Industry median: 22025 Company: 1 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 22 389 -46 321 28 248 391 732 202 763 1
2024 40 532 -31 483 32 812 577 238 249 084 1
2023 299 373 116 274 72 707 611 224 280 567 2
2022 166 860 81 122 54 836 506 260 184 292 2
2021 77 191 86 397 13 963 110 850 103 170 2
2020 17 622 16 725 0 31 487 16 773 0
2019 2 630 -3 052 0 13 861 48 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 0
2014 — — — — — 0
2013 — — — — — 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
-206.9 %
Net profit / revenue
Return on equity (ROE)
-22.8 %
Net profit / equity
Return on assets (ROA)
-11.8 %
Net profit / assets
Equity ratio
51.8 %
Equity / assets
Debt ratio
48.2 %
Liabilities / assets
Current ratio
0.52
Current assets / current liabilities
Revenue per employee
22 389 €
Revenue / average full-time employees
Labour cost per employee per month
2 354 €
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 10 Sep 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 21 Aug 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 9 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 4 Oct 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 31 Oct 2020 Company’s own e-Äriregister

Board

  • Urmo Lehtveer
    Board member · since 18 Mar 2013
  • Nasdaq CSD SE
    Keeper of the share register · since 6 May 2020

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)

  • 35141Distribution of electricity Main
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
Ä 20063478 / 5
28 Nov 2022
Amendment under Commercial Code § 525 (2) In force
28 Nov 2022
PDF
Ä 20063478 / 4
6 May 2020
Amendment entry In force
6 May 2020
PDF
Ä 20063478 / 3
16 Feb 2018
Amendment entry In force
16 Feb 2018
PDF
Ä 20063478 / 2
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20063478 / M3
18 Nov 2016
Public service of a ruling in Ametlikud Teadaanded In force
18 Nov 2016
PDF
Ä 20063478 / M2
17 Oct 2016
Fine for not filing the report 19 Dec 2016 In force
19 Dec 2016
PDF
Ä 20063478 / M1
17 Feb 2016
Warning of a fine: annual report not filed 20 Aug 2016 In force
17 Feb 2016
PDF
Ä 20063478
18 Mar 2013
First entry In force
18 Mar 2013
PDF

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