Lignator Maa OÜ

Active Registry code 14751744 OÜ Tallinn Registered 28 Jun 2019
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Lignator Maa OÜ is a OÜ based in Tallinn, registry code 14751744, status: active. Main activity: Electricity production from solar energy. According to EMTA, turnover for Q3 2026 was €181 540 with employees.

Turnover
181 540 €
↑ 28.7% vs Q2 2026
State taxes
23 233 €
↑ 54.6% 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 181 540 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 260 836 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 -70.5 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 181 540 € · +28.7% vs Q2 2026 · industry median 3 039 € · above 85% of the industry
050100150200Q4 2023 Company: 28 187 € Industry median: 3 548 €Q4·23Q1 2024 Company: 8 106 € Industry median: 919 €Q2 2024 Company: 50 427 € Industry median: 3 798 €Q2·24Q3 2024 Company: 91 685 € Industry median: 4 925 €Q4 2024 Company: 57 216 € Industry median: 3 257 €Q4·24Q1 2025 Company: 36 409 € Industry median: 1 195 €Q2 2025 Company: 79 319 € Industry median: 3 174 €Q2·25Q3 2025 Company: 83 594 € Industry median: 2 640 €Q4 2025 Company: 56 730 € Industry median: 2 889 €Q4·25Q1 2026 Company: 172 588 € Industry median: 1 972 €Q2 2026 Company: 141 032 € Industry median: 2 924 €Q2·26Q3 2026 Company: 181 540 € Industry median: 3 039 €Q3·26050100150200Q4 2024 Company: 57 216 € Industry median: 3 257 €Q1 2025 Company: 36 409 € Industry median: 1 195 €Q1·25Q2 2025 Company: 79 319 € Industry median: 3 174 €Q3 2025 Company: 83 594 € Industry median: 2 640 €Q3·25Q4 2025 Company: 56 730 € Industry median: 2 889 €Q1 2026 Company: 172 588 € Industry median: 1 972 €Q1·26Q2 2026 Company: 141 032 € Industry median: 2 924 €Q3 2026 Company: 181 540 € 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, € Q3 2026: 23 233 € · +54.6% vs Q2 2026
05 00010 00015 00020 00025 000Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 71 €Q2 2025 Company: 14 178 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 9 151 €Q2 2026 Company: 15 032 €Q2·26Q3 2026 Company: 23 233 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 0 €Q1 2025 Company: 71 €Q1·25Q2 2025 Company: 14 178 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 9 151 €Q1·26Q2 2026 Company: 15 032 €Q3 2026 Company: 23 233 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 181 540 23 233 — —
Q2 2026 141 032 15 032 — —
Q1 2026 172 588 9 151 — —
Q4 2025 56 730 — — —
Q3 2025 83 594 — — —
Q2 2025 79 319 14 178 — —
Q1 2025 36 409 71 — —
Q4 2024 57 216 — — —
Q3 2024 91 685 — — —
Q2 2024 50 427 — — —
Q1 2024 8 106 — — —
Q4 2023 28 187 — — —
Q3 2023 21 086 — — —
Q2 2023 16 456 — — —
Q1 2023 2 923 41 — —
Q4 2022 29 569 — — —
Q3 2022 80 775 12 587 — —
Q2 2022 38 369 3 288 — —
Q1 2022 3 674 12 — —

Financials by year

2020 – 2025
Revenue, € thousand 2025: 260 836 € · +99.3% vs 2024 · industry median 3 747 € · above 83% of the industry
01002003002020 Company: 977 € Industry median: 698 €20202021 Company: 31 464 € Industry median: 4 398 €20212022 Company: 131 935 € Industry median: 13 412 €20222023 Company: 152 484 € Industry median: 4 448 €20232024 Company: 130 888 € Industry median: 4 456 €20242025 Company: 260 836 € Industry median: 3 747 €202501002003002020 Company: 977 € Industry median: 698 €2021 Company: 31 464 € Industry median: 4 398 €20212022 Company: 131 935 € Industry median: 13 412 €2023 Company: 152 484 € Industry median: 4 448 €20232024 Company: 130 888 € Industry median: 4 456 €2025 Company: 260 836 € 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: -183 846 € · −50.2% vs 2024 · industry median 0 € · above 2% of the industry
-200-150-100-500502020 Company: 6 646 € Industry median: 0 €20202021 Company: -11 242 € Industry median: 101 €20212022 Company: 26 165 € Industry median: 1 580 €20222023 Company: 16 726 € Industry median: 0 €20232024 Company: -122 368 € Industry median: 0 €20242025 Company: -183 846 € Industry median: 0 €2025-200-150-100-500502020 Company: 6 646 € Industry median: 0 €2021 Company: -11 242 € Industry median: 101 €20212022 Company: 26 165 € Industry median: 1 580 €2023 Company: 16 726 € Industry median: 0 €20232024 Company: -122 368 € Industry median: 0 €2025 Company: -183 846 € 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: -70.5 % · +23.0 pp vs the year before · industry median 3.6 % · above 16% of the industry
-100-500501002020 Company: — Industry median: 8.8 %20202021 Company: -35.7 % Industry median: 23.4 %20212022 Company: 19.8 % Industry median: 51.2 %20222023 Company: 11.0 % Industry median: 15.7 %20232024 Company: -93.5 % Industry median: 4.5 %20242025 Company: -70.5 % Industry median: 3.6 %2025-100-500501002020 Company: — Industry median: 8.8 %2021 Company: -35.7 % Industry median: 23.4 %20212022 Company: 19.8 % Industry median: 51.2 %2023 Company: 11.0 % Industry median: 15.7 %20232024 Company: -93.5 % Industry median: 4.5 %2025 Company: -70.5 % 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: 3 426 637 € · +1.0% vs 2024
01 0002 0003 0004 0002020 Company: 1 129 395 €20202021 Company: 1 107 229 €20212022 Company: 1 138 801 €20222023 Company: 2 335 337 €20232024 Company: 3 393 725 €20242025 Company: 3 426 637 €202501 0002 0003 0004 0002020 Company: 1 129 395 €2021 Company: 1 107 229 €20212022 Company: 1 138 801 €2023 Company: 2 335 337 €20232024 Company: 3 393 725 €2025 Company: 3 426 637 €2025
Equity, € thousand 2025: 841 931 € · −17.9% vs 2024
02505007501 0001 2502020 Company: 1 116 496 €20202021 Company: 1 105 254 €20212022 Company: 1 131 419 €20222023 Company: 1 148 145 €20232024 Company: 1 025 777 €20242025 Company: 841 931 €202502505007501 0001 2502020 Company: 1 116 496 €2021 Company: 1 105 254 €20212022 Company: 1 131 419 €2023 Company: 1 148 145 €20232024 Company: 1 025 777 €2025 Company: 841 931 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02020 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: 220250.00.51.01.52.02020 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, € Labour costs, € Assets, € Equity, € Employees
2025 260 836 -183 846 — 3 426 637 841 931 0
2024 130 888 -122 368 — 3 393 725 1 025 777 0
2023 152 484 16 726 0 2 335 337 1 148 145 0
2022 131 935 26 165 0 1 138 801 1 131 419 0
2021 31 464 -11 242 0 1 107 229 1 105 254 0
2020 977 6 646 0 1 129 395 1 116 496 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
-70.5 %
Net profit / revenue
Return on equity (ROE)
-21.8 %
Net profit / equity
Return on assets (ROA)
-5.4 %
Net profit / assets
Equity ratio
24.6 %
Equity / assets
Debt ratio
75.4 %
Liabilities / assets
Current ratio
1.12
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jul 2024 – 30 Jun 2025 30 Dec 2025 Company’s own · audited e-Äriregister
2023 1 Jul 2023 – 30 Jun 2024 30 Dec 2024 Company’s own · audited e-Äriregister
2022 1 Jul 2022 – 30 Jun 2023 30 Dec 2023 Company’s own e-Äriregister
2021 1 Jul 2021 – 30 Jun 2022 30 Dec 2022 Company’s own e-Äriregister
2020 1 Jul 2020 – 30 Jun 2021 30 Dec 2021 Company’s own e-Äriregister
2019 28 Jun 2019 – 30 Jun 2020 30 Dec 2020 Company’s own e-Äriregister

Board

  • Toomas Soo
    Board member · since 1 Jul 2020
  • Nasdaq CSD SE
    Keeper of the share register · since 30 Jun 2020

Right of representation

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

Owners

Beneficial owners

  • Jaak Annus
    Indirect ownership · since 17 Aug 2020
  • Rain Helde
    Indirect ownership · since 17 Aug 2020
  • Toomas Soo
    Indirect ownership · since 17 Aug 2020

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 35123Electricity production from solar energy Main
Rulings
Number, date Title Deadline State Document
Ä 50122654 / 7
1 Jun 2026
Amendment under Code of Civil Procedure § 595¹ (1) In force
1 Jun 2026
PDF
Ä 50122654 / 6
21 Jan 2025
Amendment entry In force
21 Jan 2025
PDF
Ä 50122654 / 5
3 Nov 2020
Amendment entry In force
3 Nov 2020
PDF
Ä 50122654 / 4
1 Jul 2020
Amendment entry In force
1 Jul 2020
PDF
Ä 50122654 / 3
30 Jun 2020
Amendment entry In force
30 Jun 2020
PDF
Ä 50122654 / 2
28 Jun 2019
Third (informative) division entry In force
28 Jun 2019
PDF
Ä 50122654
28 Jun 2019
First (declaratory) division entry (card of the new company) In force
28 Jun 2019
PDF

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