OÜ Kaarelao2

Active Registry code 14851977 OÜ Linnumäe küla Registered 19 Nov 2019
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OÜ Kaarelao2 is a OÜ based in Linnumäe küla, registry code 14851977, status: active. Main activity: Production of electricity from renewable sources. According to EMTA, turnover for Q3 2026 was €428 with employees.

Turnover
428 €
↑ 3.6% vs Q2 2026
State taxes
73 €
↑ 23.7% 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 428 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 1 299 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 137.1 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 428 € · +3.6% vs Q2 2026 · industry median 3 039 € · above 8% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 622 € Industry median: 3 548 €Q4·23Q1 2024 Company: 81 € Industry median: 919 €Q2 2024 Company: 727 € Industry median: 3 798 €Q2·24Q3 2024 Company: 1 256 € Industry median: 4 925 €Q4 2024 Company: 477 € Industry median: 3 257 €Q4·24Q1 2025 Company: 149 € Industry median: 1 195 €Q2 2025 Company: 476 € Industry median: 3 174 €Q2·25Q3 2025 Company: 297 € Industry median: 2 640 €Q4 2025 Company: 387 € Industry median: 2 889 €Q4·25Q1 2026 Company: 337 € Industry median: 1 972 €Q2 2026 Company: 413 € Industry median: 2 924 €Q2·26Q3 2026 Company: 428 € Industry median: 3 039 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 477 € Industry median: 3 257 €Q1 2025 Company: 149 € Industry median: 1 195 €Q1·25Q2 2025 Company: 476 € Industry median: 3 174 €Q3 2025 Company: 297 € Industry median: 2 640 €Q3·25Q4 2025 Company: 387 € Industry median: 2 889 €Q1 2026 Company: 337 € Industry median: 1 972 €Q1·26Q2 2026 Company: 413 € Industry median: 2 924 €Q3 2026 Company: 428 € 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: 73 € · +23.7% vs Q2 2026
050100150200250Q4 2023 Company: 107 €Q4·23Q1 2024 Company: 8 €Q2 2024 Company: 147 €Q2·24Q3 2024 Company: 208 €Q4 2024 Company: 85 €Q4·24Q1 2025 Company: 49 €Q2 2025 Company: 85 €Q2·25Q3 2025 Company: 52 €Q4 2025 Company: 71 €Q4·25Q1 2026 Company: 93 €Q2 2026 Company: 59 €Q2·26Q3 2026 Company: 73 €Q3·26020406080100Q4 2024 Company: 85 €Q1 2025 Company: 49 €Q1·25Q2 2025 Company: 85 €Q3 2025 Company: 52 €Q3·25Q4 2025 Company: 71 €Q1 2026 Company: 93 €Q1·26Q2 2026 Company: 59 €Q3 2026 Company: 73 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 428 73 — —
Q2 2026 413 59 — —
Q1 2026 337 93 — —
Q4 2025 387 71 — —
Q3 2025 297 52 — —
Q2 2025 476 85 — —
Q1 2025 149 49 — —
Q4 2024 477 85 — —
Q3 2024 1 256 208 — —
Q2 2024 727 147 — —
Q1 2024 81 8 — —
Q4 2023 622 107 — —
Q3 2023 1 251 233 — —
Q2 2023 1 053 194 — —
Q1 2023 197 36 — —
Q4 2022 2 132 410 — —
Q3 2022 5 760 1 133 — —
Q2 2022 2 887 559 — —
Q1 2022 249 40 — —

Financials by year

2020 – 2025
Revenue, € 2025: 1 299 € · −49.2% vs 2024 · industry median 3 747 € · above 32% of the industry
05 00010 00015 0002020 Company: 0 € Industry median: 698 €20202021 Company: 3 993 € Industry median: 4 398 €20212022 Company: 11 020 € Industry median: 13 412 €20222023 Company: 3 102 € Industry median: 4 448 €20232024 Company: 2 556 € Industry median: 4 456 €20242025 Company: 1 299 € Industry median: 3 747 €202505 00010 00015 0002020 Company: 0 € Industry median: 698 €2021 Company: 3 993 € Industry median: 4 398 €20212022 Company: 11 020 € Industry median: 13 412 €2023 Company: 3 102 € Industry median: 4 448 €20232024 Company: 2 556 € Industry median: 4 456 €2025 Company: 1 299 € 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, € 2025: 1 781 € · +31.7% vs 2024 · industry median 0 € · above 75% of the industry
05 00010 00015 0002020 Company: 0 € Industry median: 0 €20202021 Company: 6 494 € Industry median: 101 €20212022 Company: 13 136 € Industry median: 1 580 €20222023 Company: 2 783 € Industry median: 0 €20232024 Company: 1 352 € Industry median: 0 €20242025 Company: 1 781 € Industry median: 0 €202505 00010 00015 0002020 Company: 0 € Industry median: 0 €2021 Company: 6 494 € Industry median: 101 €20212022 Company: 13 136 € Industry median: 1 580 €2023 Company: 2 783 € Industry median: 0 €20232024 Company: 1 352 € Industry median: 0 €2025 Company: 1 781 € 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: 137.1 % · +84.2 pp vs the year before · industry median 3.6 % · above 98% of the industry
0501001502002020 Company: — Industry median: 8.8 %20202021 Company: 162.6 % Industry median: 23.4 %20212022 Company: 119.2 % Industry median: 51.2 %20222023 Company: 89.7 % Industry median: 15.7 %20232024 Company: 52.9 % Industry median: 4.5 %20242025 Company: 137.1 % Industry median: 3.6 %20250501001502002020 Company: — Industry median: 8.8 %2021 Company: 162.6 % Industry median: 23.4 %20212022 Company: 119.2 % Industry median: 51.2 %2023 Company: 89.7 % Industry median: 15.7 %20232024 Company: 52.9 % Industry median: 4.5 %2025 Company: 137.1 % 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, € 2025: 28 059 € · +6.8% vs 2024
010 00020 00030 0002020 Company: 18 804 €20202021 Company: 25 303 €20212022 Company: 24 142 €20222023 Company: 26 923 €20232024 Company: 26 279 €20242025 Company: 28 059 €2025010 00020 00030 0002020 Company: 18 804 €2021 Company: 25 303 €20212022 Company: 24 142 €2023 Company: 26 923 €20232024 Company: 26 279 €2025 Company: 28 059 €2025
Equity, € 2025: 28 046 € · +6.8% vs 2024
010 00020 00030 0002020 Company: 2 500 €20202021 Company: 8 994 €20212022 Company: 22 130 €20222023 Company: 24 913 €20232024 Company: 26 265 €20242025 Company: 28 046 €2025010 00020 00030 0002020 Company: 2 500 €2021 Company: 8 994 €20212022 Company: 22 130 €2023 Company: 24 913 €20232024 Company: 26 265 €2025 Company: 28 046 €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 1 299 1 781 0 28 059 28 046 0
2024 2 556 1 352 0 26 279 26 265 0
2023 3 102 2 783 0 26 923 24 913 0
2022 11 020 13 136 0 24 142 22 130 0
2021 3 993 6 494 0 25 303 8 994 0
2020 0 0 0 18 804 2 500 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
137.1 %
Net profit / revenue
Return on equity (ROE)
6.4 %
Net profit / equity
Return on assets (ROA)
6.3 %
Net profit / assets
Equity ratio
100.0 %
Equity / assets
Debt ratio
0.0 %
Liabilities / assets
Current ratio
1 030.15
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 28 May 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 2 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 19 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 9 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 1 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 8 Jun 2021 Company’s own e-Äriregister

Board

  • Herki Sai
    Board member · since 19 Nov 2019

Right of representation

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

Owners

  • Herki Sai
    Natural person · 2 500 €

Beneficial owners

  • Herki Sai
    Direct ownership · since 19 Nov 2019

Founders and other persons

  • Herki Sai
    Founder · 2 500 € · 19 Nov 2019
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 3512Production of electricity from renewable sources Main

Rulings 2

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50133442 / 2
2 Sep 2023
 Amendment entry In force
2 Sep 2023
 PDF
Ä 50133442
19 Nov 2019
 First entry In force
19 Nov 2019
 PDF

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