Montreco Elekter OÜ

In liquidation Registry code 14324999 OÜ Tallinn Registered 4 Sep 2017

Montreco Elekter OÜ is a OÜ based in Tallinn, registry code 14324999, status: in liquidation. Main activity: Electrical installation. Its annual report for 2021 shows revenue of €670 178 and 13 employees.

Turnover

—

State taxes

11 137 €

Labour taxes

735 €

Employees

—

Q1 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Specialised construction activities · EMTAK 43

Revenue · 2021 670 178 €

above 94% of companies

industry median 35 073 € · companies in the industry: 9 181
Net profit margin · 2021 -2.6 %

above 23% of companies

industry median 4.7 % · companies in the industry: 7 517

Taxes and turnover

Q1 2022 – Q1 2026

Turnover, € thousand Q3 2023: 327 272 € · −28.7% vs Q2 2023 · industry median 23 447 € · above 98% of the industry

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, € Q2 2023: 3 235 € · −9.7% vs Q1 2023 · industry median 1 039 € · above 94% of the industry

Company
Industry median

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

Employees Q2 2023: 44 · +2.3% vs Q1 2023

State taxes, € thousand Q1 2026: 11 137 € · −55.3% vs Q3 2023

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q1 2026	—	11 137	735	—
Q3 2023	327 272	24 904	25 634	—
Q2 2023	458 737	188 260	142 356	44
Q1 2023	639 482	223 258	154 150	43
Q4 2022	649 272	225 074	149 635	40
Q3 2022	580 017	164 660	129 089	35
Q2 2022	440 053	147 222	115 988	34
Q1 2022	367 350	106 166	85 514	31

Financials by year

2018 – 2021

Revenue, € thousand 2021: 670 178 € · +49.9% vs 2020 · industry median 35 073 € · above 94% of the industry

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, € 2021: -17 149 € · +57.7% vs 2020 · industry median 785 € · above 2% of the industry

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, % 2021: -2.6 % · +6.5 pp vs the year before · industry median 4.7 % · above 23% of the industry

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 2021: 259 194 € · +268.5% vs 2020

Equity, € 2021: -98 380 € · −20.7% vs 2020

Employees 2021: 13 · −18.8% vs 2020 · industry median 2 · above 98% of the industry

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
2021	670 178	-17 149	418 493	259 194	-98 380	13
2020	446 949	-40 566	443 596	70 336	-81 529	16
2019	505 727	-45 867	410 310	224 215	-40 963	15
2018	—	—	—	—	—	9

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2021

Net profit margin

-2.6 %

Net profit / revenue

Return on assets (ROA)

-6.6 %

Net profit / assets

Equity ratio

-38.0 %

Equity / assets

Debt ratio

138.0 %

Liabilities / assets

Current ratio

0.72

Current assets / current liabilities

Revenue per employee

51 552 €

Revenue / average full-time employees

Labour cost per employee per month

2 683 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2021	1 Jan 2021 – 31 Dec 2021	30 Dec 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	6 Oct 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	31 Oct 2020	Company’s own	e-Äriregister

Board

Hillar Talts
Liquidator · since 18 Aug 2023

Owners

Arting Consult OÜ
Legal person · 12894923 · 2 500 €

100%

Beneficial owners

Hillar Talts
Control by other means (contractual, family or other ties) · since 20 Sep 2024

Founders and other persons

Jaak Lõhmus
Founder · 2 500 € · 2 Sep 2017

shared board members, owners or beneficial owners

Activities (EMTAK)

4321Electrical installation Main

History of changes

What	Value	Period
Status	In liquidation	18 Aug 2023 – now
Status	Active	4 Sep 2017 – now

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50064479 / 9 26 Feb 2025	Amendment under Code of Civil Procedure § 595¹ (1)		In force 26 Feb 2025	PDF
Ä 50064479 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 50064479 / 7 18 Aug 2023	Termination entry		In force 18 Aug 2023	PDF
Ä 50064479 / 6 2 May 2022	Amendment entry		In force 2 May 2022	PDF
Ä 50064479 / 5 4 Feb 2022	Amendment entry		In force 4 Feb 2022	PDF
Ä 50064479 / M2 3 Jan 2022	Ruling to eliminate deficiencies	2 Feb 2022	In force 3 Jan 2022	PDF
Ä 50064479 / 4 30 Jul 2018	Amendment entry		In force 30 Jul 2018	PDF
Ä 50064479 / 3 21 Jan 2018	Amendment entry		In force 21 Jan 2018	PDF
Ä 50064479 / 2 21 Nov 2017	Amendment entry		In force 21 Nov 2017	PDF
Ä 50064479 / M1 20 Nov 2017	Ruling to eliminate deficiencies	20 Dec 2017	Deficiencies eliminated 21 Nov 2017	PDF
Ä 50064479 4 Sep 2017	First entry		In force 4 Sep 2017	PDF

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

Montreco Elekter OÜ

Position in the industry Specialised construction activities · EMTAK 43

Taxes and turnover

Financials by year

Financial ratios for 2021

Annual reports

Board

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

History of changes

Rulings 11