Terawatt Energy OÜ

Active Registry code 14599093 OÜ Haabneeme alevik Registered 2 Nov 2018
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Terawatt Energy OÜ is a OÜ based in Haabneeme alevik, registry code 14599093, status: active. Main activity: Electricity production from solar energy. According to EMTA, turnover for Q3 2026 was €292 580 with employees.

Turnover
292 580 €
↑ 17.8% vs Q2 2026
State taxes
38 112 €
↓ 20.9% vs Q2 2026
Labour taxes
0 €
Employees
—

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 292 580 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 1.5 mn €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 38.5 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 292 580 € · +17.8% vs Q2 2026 · industry median 3 039 € · above 86% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 15 309 € Industry median: 3 548 €Q4·23Q1 2024 Company: 190 292 € Industry median: 919 €Q2 2024 Company: 329 867 € Industry median: 3 798 €Q2·24Q3 2024 Company: 4 192 902 € Industry median: 4 925 €Q4 2024 Company: 444 440 € Industry median: 3 257 €Q4·24Q1 2025 Company: 309 900 € Industry median: 1 195 €Q2 2025 Company: 506 984 € Industry median: 3 174 €Q2·25Q3 2025 Company: 407 016 € Industry median: 2 640 €Q4 2025 Company: 389 354 € Industry median: 2 889 €Q4·25Q1 2026 Company: 26 195 € Industry median: 1 972 €Q2 2026 Company: 248 331 € Industry median: 2 924 €Q2·26Q3 2026 Company: 292 580 € Industry median: 3 039 €Q3·260200400600Q4 2024 Company: 444 440 € Industry median: 3 257 €Q1 2025 Company: 309 900 € Industry median: 1 195 €Q1·25Q2 2025 Company: 506 984 € Industry median: 3 174 €Q3 2025 Company: 407 016 € Industry median: 2 640 €Q3·25Q4 2025 Company: 389 354 € Industry median: 2 889 €Q1 2026 Company: 26 195 € Industry median: 1 972 €Q1·26Q2 2026 Company: 248 331 € Industry median: 2 924 €Q3 2026 Company: 292 580 € 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.

State taxes, € thousand Q3 2026: 38 112 € · −20.9% vs Q2 2026
0255075100125Q4 2023 Company: 2 102 €Q4·23Q1 2024 Company: 35 712 €Q2 2024 Company: 71 717 €Q2·24Q3 2024 Company: 104 534 €Q4 2024 Company: 91 502 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 109 924 €Q2·25Q3 2025 Company: 91 391 €Q4 2025 Company: 88 149 €Q4·25Q1 2026 Company: 4 107 €Q2 2026 Company: 48 152 €Q2·26Q3 2026 Company: 38 112 €Q3·260255075100125Q4 2024 Company: 91 502 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 109 924 €Q3 2025 Company: 91 391 €Q3·25Q4 2025 Company: 88 149 €Q1 2026 Company: 4 107 €Q1·26Q2 2026 Company: 48 152 €Q3 2026 Company: 38 112 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 292 580 38 112 — —
Q2 2026 248 331 48 152 — —
Q1 2026 26 195 4 107 — —
Q4 2025 389 354 88 149 — —
Q3 2025 407 016 91 391 — —
Q2 2025 506 984 109 924 — —
Q1 2025 309 900 — — —
Q4 2024 444 440 91 502 — —
Q3 2024 4 192 902 104 534 — —
Q2 2024 329 867 71 717 — —
Q1 2024 190 292 35 712 — —
Q4 2023 15 309 2 102 — —
Q3 2023 79 335 — — —
Q2 2023 16 682 2 930 — —
Q1 2023 26 244 — — —
Q4 2022 26 600 3 143 — —
Q3 2022 39 142 — — —
Q2 2022 1 002 724 71 917 — —
Q1 2022 1 752 — — —

Financials by year

2019 – 2025
Revenue, € thousand 2025: 1 536 391 € · −1.7% vs 2024 · industry median 3 747 € · above 91% of the industry
05001 0001 5002 0002019 Company: 17 032 € Industry median: 28 215 €20192020 Company: 14 483 € Industry median: 698 €20202021 Company: 30 950 € Industry median: 4 398 €20212022 Company: 1 523 825 € Industry median: 13 412 €20222023 Company: 150 514 € Industry median: 4 448 €20232024 Company: 1 562 481 € Industry median: 4 456 €20242025 Company: 1 536 391 € Industry median: 3 747 €202505001 0001 5002 0002019 Company: 17 032 € Industry median: 28 215 €20192020 Company: 14 483 € Industry median: 698 €2021 Company: 30 950 € Industry median: 4 398 €20212022 Company: 1 523 825 € Industry median: 13 412 €2023 Company: 150 514 € Industry median: 4 448 €20232024 Company: 1 562 481 € Industry median: 4 456 €2025 Company: 1 536 391 € 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: 590 953 € · −35.9% vs 2024 · industry median 0 € · above 98% of the industry
-25002505007501 0002019 Company: 4 654 € Industry median: 0 €20192020 Company: 7 788 € Industry median: 0 €20202021 Company: -127 538 € Industry median: 101 €20212022 Company: -225 202 € Industry median: 1 580 €20222023 Company: -149 185 € Industry median: 0 €20232024 Company: 922 598 € Industry median: 0 €20242025 Company: 590 953 € Industry median: 0 €2025-25002505007501 0002019 Company: 4 654 € Industry median: 0 €20192020 Company: 7 788 € Industry median: 0 €2021 Company: -127 538 € Industry median: 101 €20212022 Company: -225 202 € Industry median: 1 580 €2023 Company: -149 185 € Industry median: 0 €20232024 Company: 922 598 € Industry median: 0 €2025 Company: 590 953 € 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: 38.5 % · −20.6 pp vs the year before · industry median 3.6 % · above 79% of the industry
-500-400-300-200-10001002019 Company: 27.3 % Industry median: 9.7 %20192020 Company: 53.8 % Industry median: 8.8 %20202021 Company: -412.1 % Industry median: 23.4 %20212022 Company: -14.8 % Industry median: 51.2 %20222023 Company: -99.1 % Industry median: 15.7 %20232024 Company: 59.0 % Industry median: 4.5 %20242025 Company: 38.5 % Industry median: 3.6 %2025-500-400-300-200-10001002019 Company: 27.3 % Industry median: 9.7 %20192020 Company: 53.8 % Industry median: 8.8 %2021 Company: -412.1 % Industry median: 23.4 %20212022 Company: -14.8 % Industry median: 51.2 %2023 Company: -99.1 % Industry median: 15.7 %20232024 Company: 59.0 % Industry median: 4.5 %2025 Company: 38.5 % 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: 9 735 934 € · −12.9% vs 2024
02 5005 0007 50010 00012 5002019 Company: 186 810 €20192020 Company: 2 327 814 €20202021 Company: 2 635 572 €20212022 Company: 2 653 505 €20222023 Company: 2 879 719 €20232024 Company: 11 177 377 €20242025 Company: 9 735 934 €202502 5005 0007 50010 00012 5002019 Company: 186 810 €20192020 Company: 2 327 814 €2021 Company: 2 635 572 €20212022 Company: 2 653 505 €2023 Company: 2 879 719 €20232024 Company: 11 177 377 €2025 Company: 9 735 934 €2025
Equity, € thousand 2025: 1 026 568 € · +135.7% vs 2024
-50005001 0001 5002019 Company: 7 154 €20192020 Company: 14 942 €20202021 Company: -112 596 €20212022 Company: -337 798 €20222023 Company: -486 983 €20232024 Company: 435 615 €20242025 Company: 1 026 568 €2025-50005001 0001 5002019 Company: 7 154 €20192020 Company: 14 942 €2021 Company: -112 596 €20212022 Company: -337 798 €2023 Company: -486 983 €20232024 Company: 435 615 €2025 Company: 1 026 568 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 22025 Company: 0 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, € Assets, € Equity, € Employees
2025 1 536 391 590 953 9 735 934 1 026 568 0
2024 1 562 481 922 598 11 177 377 435 615 0
2023 150 514 -149 185 2 879 719 -486 983 0
2022 1 523 825 -225 202 2 653 505 -337 798 0
2021 30 950 -127 538 2 635 572 -112 596 0
2020 14 483 7 788 2 327 814 14 942 0
2019 17 032 4 654 186 810 7 154 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
38.5 %
Net profit / revenue
Return on equity (ROE)
57.6 %
Net profit / equity
Return on assets (ROA)
6.1 %
Net profit / assets
Equity ratio
10.5 %
Equity / assets
Debt ratio
89.5 %
Liabilities / assets
Current ratio
0.03
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 10 Aug 2026 Consolidated · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 7 Nov 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 19 Apr 2024 Consolidated · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 3 Aug 2023 Consolidated · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 6 Oct 2022 Consolidated · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 12 Jul 2021 Company’s own e-Äriregister
2019 2 Nov 2018 – 31 Dec 2019 27 Aug 2020 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
3 3 300 000 € AS LHV Pank 10 Dec 2024 – in force
2 3 000 000 € AS LHV Pank 1 Jul 2024 – in force
1 2 700 000 € AS LHV Pank 16 Oct 2020 – in force

Board

  • Maik Teiv
    Board member · since 2 Nov 2018
  • Nasdaq CSD SE
    Keeper of the share register · since 10 Oct 2020

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 35123Electricity production from solar energy Main
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
K 50106134 / 5
10 Dec 2024
Commercial pledge entered In force
10 Dec 2024
PDF
K 50106134 / 4
1 Jul 2024
Commercial pledge entered In force
1 Jul 2024
PDF
K 50106134 / 3
16 Oct 2020
Commercial pledge entered In force
16 Oct 2020
PDF
Ä 50106134 / 2
10 Oct 2020
Amendment entry In force
10 Oct 2020
PDF
Ä 50106134
2 Nov 2018
First entry In force
2 Nov 2018
PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data