Elec Engineering OÜ

Active Registry code 14295619 OÜ Tallinn Registered 17 Jul 2017
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Elec Engineering OÜ is a OÜ based in Tallinn, registry code 14295619, status: active. Main activity: Electrical installation work. According to EMTA, turnover for Q3 2026 was €1 011 184 with 21 employees.

Turnover
1 011 184 €
↑ 30.4% vs Q2 2026
State taxes
70 812 €
↑ 17.1% vs Q2 2026
Labour taxes
61 914 €
↑ 1.8% vs Q2 2026
Employees
21
+2 vs Q2 2026

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

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 1 mn €
    industry median 23 017 € · companies in the industry: 6 974
  • Labour taxes per employee 2 948 €
    industry median 1 236 € · companies in the industry: 5 958
  • Revenue · 2025 4 mn €
    industry median 37 320 € · companies in the industry: 10 312
  • Net profit margin · 2025 4.7 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 011 184 € · +30.4% vs Q2 2026 · industry median 23 017 € · above 98% of the industry
05001 0001 5002 000Q4 2023 Company: 198 349 € Industry median: 23 403 €Q4·23Q1 2024 Company: 469 898 € Industry median: 16 922 €Q2 2024 Company: 858 367 € Industry median: 18 660 €Q2·24Q3 2024 Company: 658 728 € Industry median: 21 547 €Q4 2024 Company: 857 592 € Industry median: 23 300 €Q4·24Q1 2025 Company: 746 602 € Industry median: 17 914 €Q2 2025 Company: 1 247 779 € Industry median: 20 215 €Q2·25Q3 2025 Company: 1 679 687 € Industry median: 22 700 €Q4 2025 Company: 790 918 € Industry median: 23 111 €Q4·25Q1 2026 Company: 710 503 € Industry median: 17 425 €Q2 2026 Company: 775 446 € Industry median: 20 462 €Q2·26Q3 2026 Company: 1 011 184 € Industry median: 23 017 €Q3·2605001 0001 5002 000Q4 2024 Company: 857 592 € Industry median: 23 300 €Q1 2025 Company: 746 602 € Industry median: 17 914 €Q1·25Q2 2025 Company: 1 247 779 € Industry median: 20 215 €Q3 2025 Company: 1 679 687 € Industry median: 22 700 €Q3·25Q4 2025 Company: 790 918 € Industry median: 23 111 €Q1 2026 Company: 710 503 € Industry median: 17 425 €Q1·26Q2 2026 Company: 775 446 € Industry median: 20 462 €Q3 2026 Company: 1 011 184 € Industry median: 23 017 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 948 € · −7.9% vs Q2 2026 · industry median 1 236 € · above 89% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 437 € Industry median: 1 123 €Q4·23Q1 2024 Company: 3 006 € Industry median: 1 104 €Q2 2024 Company: 2 323 € Industry median: 1 083 €Q2·24Q3 2024 Company: 3 383 € Industry median: 1 141 €Q4 2024 Company: 3 190 € Industry median: 1 178 €Q4·24Q1 2025 Company: 3 228 € Industry median: 1 177 €Q2 2025 Company: 2 583 € Industry median: 1 194 €Q2·25Q3 2025 Company: 4 227 € Industry median: 1 250 €Q4 2025 Company: 3 995 € Industry median: 1 270 €Q4·25Q1 2026 Company: 3 042 € Industry median: 1 202 €Q2 2026 Company: 3 201 € Industry median: 1 197 €Q2·26Q3 2026 Company: 2 948 € Industry median: 1 236 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 3 190 € Industry median: 1 178 €Q1 2025 Company: 3 228 € Industry median: 1 177 €Q1·25Q2 2025 Company: 2 583 € Industry median: 1 194 €Q3 2025 Company: 4 227 € Industry median: 1 250 €Q3·25Q4 2025 Company: 3 995 € Industry median: 1 270 €Q1 2026 Company: 3 042 € Industry median: 1 202 €Q1·26Q2 2026 Company: 3 201 € Industry median: 1 197 €Q3 2026 Company: 2 948 € Industry median: 1 236 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 21 · +10.5% vs Q2 2026
0510152025Q4 2023 Company: 11Q4·23Q1 2024 Company: 12Q2 2024 Company: 15Q2·24Q3 2024 Company: 17Q4 2024 Company: 17Q4·24Q1 2025 Company: 18Q2 2025 Company: 23Q2·25Q3 2025 Company: 20Q4 2025 Company: 21Q4·25Q1 2026 Company: 21Q2 2026 Company: 19Q2·26Q3 2026 Company: 21Q3·260510152025Q4 2024 Company: 17Q1 2025 Company: 18Q1·25Q2 2025 Company: 23Q3 2025 Company: 20Q3·25Q4 2025 Company: 21Q1 2026 Company: 21Q1·26Q2 2026 Company: 19Q3 2026 Company: 21Q3·26
State taxes, € thousand Q3 2026: 70 812 € · +17.1% vs Q2 2026
0255075100125Q4 2023 Company: 35 718 €Q4·23Q1 2024 Company: 43 999 €Q2 2024 Company: 114 335 €Q2·24Q3 2024 Company: 54 529 €Q4 2024 Company: 50 582 €Q4·24Q1 2025 Company: 58 792 €Q2 2025 Company: 58 032 €Q2·25Q3 2025 Company: 88 506 €Q4 2025 Company: 83 610 €Q4·25Q1 2026 Company: 70 131 €Q2 2026 Company: 60 459 €Q2·26Q3 2026 Company: 70 812 €Q3·26020406080100Q4 2024 Company: 50 582 €Q1 2025 Company: 58 792 €Q1·25Q2 2025 Company: 58 032 €Q3 2025 Company: 88 506 €Q3·25Q4 2025 Company: 83 610 €Q1 2026 Company: 70 131 €Q1·26Q2 2026 Company: 60 459 €Q3 2026 Company: 70 812 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 011 184 70 812 61 914 21
Q2 2026 775 446 60 459 60 824 19
Q1 2026 710 503 70 131 63 874 21
Q4 2025 790 918 83 610 83 896 21
Q3 2025 1 679 687 88 506 84 548 20
Q2 2025 1 247 779 58 032 59 412 23
Q1 2025 746 602 58 792 58 097 18
Q4 2024 857 592 50 582 54 236 17
Q3 2024 658 728 54 529 57 511 17
Q2 2024 858 367 114 335 34 850 15
Q1 2024 469 898 43 999 36 077 12
Q4 2023 198 349 35 718 37 808 11
Q3 2023 300 430 55 060 58 077 14
Q2 2023 264 688 53 738 56 554 18
Q1 2023 183 887 57 074 60 006 18
Q4 2022 430 748 69 493 74 887 19
Q3 2022 387 445 71 305 61 734 19
Q2 2022 467 520 59 058 63 023 19
Q1 2022 383 822 59 605 63 289 17
Labour taxes per employee per month
983 €
Turnover per employee in the quarter
48 152 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2025
Revenue, € thousand 2025: 4 035 111 € · +57.6% vs 2024 · industry median 37 320 € · above 98% of the industry
01 0002 0003 0004 0005 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 532 938 € Industry median: 37 048 €20192020 Company: 690 207 € Industry median: 33 938 €20202021 Company: 1 387 641 € Industry median: 35 062 €20212022 Company: 1 455 274 € Industry median: 37 932 €20222023 Company: 904 150 € Industry median: 35 930 €20232024 Company: 2 559 561 € Industry median: 35 363 €20242025 Company: 4 035 111 € Industry median: 37 320 €202501 0002 0003 0004 0005 0002018 Company: — Industry median: —2019 Company: 532 938 € Industry median: 37 048 €20192020 Company: 690 207 € Industry median: 33 938 €2021 Company: 1 387 641 € Industry median: 35 062 €20212022 Company: 1 455 274 € Industry median: 37 932 €2023 Company: 904 150 € Industry median: 35 930 €20232024 Company: 2 559 561 € Industry median: 35 363 €2025 Company: 4 035 111 € Industry median: 37 320 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 189 019 € · −39.5% vs 2024 · industry median 561 € · above 98% of the industry
-10001002003004002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 32 402 € Industry median: 1 029 €20192020 Company: -24 495 € Industry median: 506 €20202021 Company: 159 202 € Industry median: 784 €20212022 Company: 34 192 € Industry median: 822 €20222023 Company: -5 605 € Industry median: 580 €20232024 Company: 312 393 € Industry median: 431 €20242025 Company: 189 019 € Industry median: 561 €2025-10001002003004002018 Company: — Industry median: —2019 Company: 32 402 € Industry median: 1 029 €20192020 Company: -24 495 € Industry median: 506 €2021 Company: 159 202 € Industry median: 784 €20212022 Company: 34 192 € Industry median: 822 €2023 Company: -5 605 € Industry median: 580 €20232024 Company: 312 393 € Industry median: 431 €2025 Company: 189 019 € Industry median: 561 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 4.7 % · −7.5 pp vs the year before · industry median 3.9 % · above 52% of the industry
-50510152017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 6.1 % Industry median: 5.3 %20192020 Company: -3.5 % Industry median: 4.1 %20202021 Company: 11.5 % Industry median: 4.7 %20212022 Company: 2.3 % Industry median: 4.8 %20222023 Company: -0.6 % Industry median: 4.4 %20232024 Company: 12.2 % Industry median: 3.4 %20242025 Company: 4.7 % Industry median: 3.9 %2025-50510152018 Company: — Industry median: —2019 Company: 6.1 % Industry median: 5.3 %20192020 Company: -3.5 % Industry median: 4.1 %2021 Company: 11.5 % Industry median: 4.7 %20212022 Company: 2.3 % Industry median: 4.8 %2023 Company: -0.6 % Industry median: 4.4 %20232024 Company: 12.2 % Industry median: 3.4 %2025 Company: 4.7 % Industry median: 3.9 %2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 930 897 € · +25.0% vs 2024
02004006008001 0002017 Company: —20172018 Company: —20182019 Company: 193 559 €20192020 Company: 102 947 €20202021 Company: 352 705 €20212022 Company: 415 621 €20222023 Company: 314 053 €20232024 Company: 744 602 €20242025 Company: 930 897 €202502004006008001 0002018 Company: —2019 Company: 193 559 €20192020 Company: 102 947 €2021 Company: 352 705 €20212022 Company: 415 621 €2023 Company: 314 053 €20232024 Company: 744 602 €2025 Company: 930 897 €2025
Equity, € thousand 2025: 591 929 € · +17.7% vs 2024
02004006002017 Company: —20172018 Company: —20182019 Company: 102 142 €20192020 Company: 54 080 €20202021 Company: 213 282 €20212022 Company: 207 330 €20222023 Company: 191 726 €20232024 Company: 502 910 €20242025 Company: 591 929 €202502004006002018 Company: —2019 Company: 102 142 €20192020 Company: 54 080 €2021 Company: 213 282 €20212022 Company: 207 330 €2023 Company: 191 726 €20232024 Company: 502 910 €2025 Company: 591 929 €2025
Employees 2025: 11 · −15.4% vs 2024 · industry median 1 · above 98% of the industry
051015202017 Company: 1 Industry median: —20172018 Company: 6 Industry median: 220182019 Company: 6 Industry median: 220192020 Company: 11 Industry median: 220202021 Company: 14 Industry median: 220212022 Company: 19 Industry median: 220222023 Company: 16 Industry median: 120232024 Company: 13 Industry median: 120242025 Company: 11 Industry median: 12025051015202018 Company: 6 Industry median: 22019 Company: 6 Industry median: 220192020 Company: 11 Industry median: 22021 Company: 14 Industry median: 220212022 Company: 19 Industry median: 22023 Company: 16 Industry median: 120232024 Company: 13 Industry median: 12025 Company: 11 Industry median: 12025
  • Company
  • Industry median

Industry: Specialised construction activities (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 4 035 111 189 019 849 742 930 897 591 929 11
2024 2 559 561 312 393 588 095 744 602 502 910 13
2023 904 150 -5 605 463 358 314 053 191 726 16
2022 1 455 274 34 192 732 429 415 621 207 330 19
2021 1 387 641 159 202 569 104 352 705 213 282 14
2020 690 207 -24 495 317 793 102 947 54 080 11
2019 532 938 32 402 162 879 193 559 102 142 6
2018 — — — — — 6
2017 — — — — — 1

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
4.7 %
Net profit / revenue
Return on equity (ROE)
31.9 %
Net profit / equity
Return on assets (ROA)
20.3 %
Net profit / assets
Equity ratio
63.6 %
Equity / assets
Debt ratio
36.4 %
Liabilities / assets
Current ratio
2.22
Current assets / current liabilities
Revenue per employee
366 828 €
Revenue / average full-time employees
Labour cost per employee per month
6 437 €
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 1 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 1 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 27 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 4 Jul 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 8 Jul 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 6 Jul 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 7 Jul 2020 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 100 000 € Swedbank AS 27 May 2025 – 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)

  • 43211Electrical installation work Main
Rulings
Number, date Title Deadline State Document
K 50061244 / 9
27 May 2025
Commercial pledge entered In force
27 May 2025
PDF
Ä 50061244 / 8
28 Jun 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
28 Jun 2024
PDF
Ä 50061244 / 7
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50061244 / 6
30 Jul 2021
Amendment entry In force
30 Jul 2021
PDF
Ä 50061244 / 5
17 Dec 2020
Amendment under Commercial Code § 525 (2) In force
17 Dec 2020
PDF
Ä 50061244 / 4
7 Jan 2019
Amendment entry In force
7 Jan 2019
PDF
Ä 50061244 / 3
21 Jan 2018
Amendment entry In force
21 Jan 2018
PDF
Ä 50061244 / 2
14 Dec 2017
Amendment entry In force
14 Dec 2017
PDF
Ä 50061244
17 Jul 2017
First entry In force
17 Jul 2017
PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data