Vestman Solar OÜ
Vestman Solar OÜ is a OÜ based in Viljandi linn, registry code 14819212, status: active. Main activity: Electricity production from solar energy. According to EMTA, turnover for Q3 2026 was €132 811 with employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 132 811 €above 82% of companiesindustry median 3 039 € · companies in the industry: 735
- Revenue · 2025 218 588 €above 82% of companiesindustry median 3 747 € · companies in the industry: 1 008
- Net profit margin · 2025 -248.6 %above 6% of companiesindustry median 3.6 % · companies in the industry: 693
Taxes and turnover
- 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.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 132 811 | 7 887 | 12 838 | — |
| Q2 2026 | 77 754 | — | 12 750 | — |
| Q1 2026 | 5 923 | 2 630 | 19 096 | — |
| Q4 2025 | 62 476 | 12 636 | 13 742 | — |
| Q3 2025 | 71 976 | 13 441 | 13 835 | — |
| Q2 2025 | 82 418 | 16 282 | 13 670 | — |
| Q1 2025 | 13 829 | 6 314 | 15 881 | — |
| Q4 2024 | 83 078 | 9 231 | 9 443 | — |
| Q3 2024 | 174 031 | 12 799 | 6 400 | — |
| Q2 2024 | 106 221 | 13 982 | 6 349 | — |
| Q1 2024 | 13 154 | — | 3 222 | — |
| Q4 2023 | 97 937 | 7 414 | — | — |
| Q3 2023 | 200 310 | 17 845 | 146 | — |
| Q2 2023 | 138 945 | — | — | — |
| Q1 2023 | 32 652 | — | 1 063 | — |
| Q4 2022 | 14 714 | 1 358 | 91 | — |
| Q3 2022 | 4 600 | — | 63 | — |
| Q2 2022 | 2 900 | — | — | — |
| Q1 2022 | 102 835 | 1 467 | 1 158 | — |
Financials by year
- 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.
- 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.
- 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.
- 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.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 218 588 | -543 332 | 142 309 | 8 197 071 | 973 417 | 2 |
| 2024 | 363 918 | -335 314 | 89 392 | 8 252 255 | 1 516 749 | 1 |
| 2023 | 458 256 | 228 779 | 2 545 | 4 893 838 | 1 852 063 | 0 |
| 2022 | 0 | -193 435 | 2 544 | 3 618 932 | -327 443 | 0 |
| 2021 | 995 | -66 141 | 2 544 | 4 236 191 | -134 008 | 0 |
| 2020 | 6 931 | -87 875 | 2 545 | 4 403 250 | -67 867 | 0 |
| 2019 | — | -4 602 | — | 21 973 | 20 398 | 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
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 30 Jun 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 28 Jun 2022 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 29 Jun 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 4 Oct 2019 – 31 Dec 2019 | 30 Oct 2020 | Company’s own | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 5 | 400 000 € | Swedbank AS | 10 Apr 2023 – in force |
| 4 | 400 000 € | Swedbank AS | 10 Apr 2023 – in force |
| 3 | 400 000 € | Swedbank AS | 10 Apr 2023 – in force |
| 2 | 400 000 € | Swedbank AS | 10 Apr 2023 – in force |
| 1 | 400 000 € | Swedbank AS | 10 Apr 2023 – in force |
Board
- Hannu LampBoard member · since 4 Oct 2019
- Madis VinniBoard member · since 23 Sep 2024
- Nasdaq CSD SEKeeper of the share register · since 31 Jul 2020
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Omanikukonto: AS VESTMAN ENERGIALegal person · 10899600 · 15 750 €
- Omanikukonto: TAUR Varahalduse OsaühingLegal person · 10899579 · 4 500 €
- Omanikukonto: LHCARBON OÜLegal person · 11266155 · 2 500 €
- Omanikukonto: OÜ THORSTENLegal person · 10891023 · 2 250 €
Owner in
- 100%
- 50%
- 50%
- 100%
Beneficial owners
- Aivar BerzinIndirect ownership · since 4 Oct 2019
Founders and other persons
- Silver VanametsFounder · 750 € · 3 Oct 2019
- Aktsiaselts Vestman EnergiaFounder · 21 750 € · 3 Oct 2019
- LHCarbon OÜFounder · 2 500 € · 3 Oct 2019
Related companies
Activities (EMTAK)
- 35123Electricity production from solar energy Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50129869 / 5 23 Sep 2024 |
Amendment entry | In force 23 Sep 2024 |
||
| Ä 50129869 / 3 10 Apr 2023 |
Second (constitutive) merger entry | In force 10 Apr 2023 |
||
| K 50129869 / 4 10 Apr 2023 |
Commercial pledge entered | In force 10 Apr 2023 |
||
| Ä 50129869 / M1 14 Mar 2023 |
Ruling to eliminate deficiencies | 4 Apr 2023 | In force 30 Mar 2023 |
|
| Ä 50129869 / 2 31 Jul 2020 |
Amendment entry | In force 31 Jul 2020 |
||
| Ä 50129869 4 Oct 2019 |
First entry | In force 4 Oct 2019 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data