Solarfund OÜ

Active Registry code 14874346 OÜ Tallinn Registered 23 Dec 2019
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Solarfund OÜ is a OÜ based in Tallinn, registry code 14874346, status: active. Main activity: Other electricity production, including from biomass. According to EMTA, turnover for Q3 2026 was €1 194 with employees.

Turnover
1 194 €
↑ 6.5% vs Q2 2026
State taxes
111 €
↓ 11.2% 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 1 194 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 2 634 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 -95.2 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 1 194 € · +6.5% vs Q2 2026 · industry median 3 039 € · above 36% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 1 041 € Industry median: 3 548 €Q4·23Q1 2024 Company: 1 840 € Industry median: 919 €Q2 2024 Company: 998 € Industry median: 3 798 €Q2·24Q3 2024 Company: 1 446 € Industry median: 4 925 €Q4 2024 Company: 873 € Industry median: 3 257 €Q4·24Q1 2025 Company: 299 € Industry median: 1 195 €Q2 2025 Company: 822 € Industry median: 3 174 €Q2·25Q3 2025 Company: 849 € Industry median: 2 640 €Q4 2025 Company: 683 € Industry median: 2 889 €Q4·25Q1 2026 Company: 75 € Industry median: 1 972 €Q2 2026 Company: 1 121 € Industry median: 2 924 €Q2·26Q3 2026 Company: 1 194 € Industry median: 3 039 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 873 € Industry median: 3 257 €Q1 2025 Company: 299 € Industry median: 1 195 €Q1·25Q2 2025 Company: 822 € Industry median: 3 174 €Q3 2025 Company: 849 € Industry median: 2 640 €Q3·25Q4 2025 Company: 683 € Industry median: 2 889 €Q1 2026 Company: 75 € Industry median: 1 972 €Q1·26Q2 2026 Company: 1 121 € Industry median: 2 924 €Q3 2026 Company: 1 194 € 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: 111 € · −11.2% vs Q2 2026
0100200300Q4 2023 Company: 179 €Q4·23Q1 2024 Company: 216 €Q2 2024 Company: 96 €Q2·24Q3 2024 Company: 280 €Q4 2024 Company: 49 €Q4·24Q1 2025 Company: 48 €Q2 2025 Company: 135 €Q2·25Q3 2025 Company: 131 €Q4 2025 Company: 130 €Q4·25Q1 2026 Company: 8 €Q2 2026 Company: 125 €Q2·26Q3 2026 Company: 111 €Q3·26050100150Q4 2024 Company: 49 €Q1 2025 Company: 48 €Q1·25Q2 2025 Company: 135 €Q3 2025 Company: 131 €Q3·25Q4 2025 Company: 130 €Q1 2026 Company: 8 €Q1·26Q2 2026 Company: 125 €Q3 2026 Company: 111 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 194 111 — —
Q2 2026 1 121 125 — —
Q1 2026 75 8 — —
Q4 2025 683 130 — —
Q3 2025 849 131 — —
Q2 2025 822 135 — —
Q1 2025 299 48 — —
Q4 2024 873 49 — —
Q3 2024 1 446 280 — —
Q2 2024 998 96 — —
Q1 2024 1 840 216 — —
Q4 2023 1 041 179 — —
Q3 2023 1 707 292 — —
Q2 2023 1 387 174 — —
Q1 2023 439 231 — —
Q4 2022 9 916 1 929 — —
Q3 2022 10 851 1 303 — —
Q2 2022 2 372 428 — —
Q1 2022 1 310 211 — —

Financials by year

2020 – 2025
Revenue, € 2025: 2 634 € · −26.0% vs 2024 · industry median 3 747 € · above 44% of the industry
05 00010 00015 00020 00025 0002020 Company: 7 633 € Industry median: 698 €20202021 Company: 9 485 € Industry median: 4 398 €20212022 Company: 24 481 € Industry median: 13 412 €20222023 Company: 6 054 € Industry median: 4 448 €20232024 Company: 3 561 € Industry median: 4 456 €20242025 Company: 2 634 € Industry median: 3 747 €202505 00010 00015 00020 00025 0002020 Company: 7 633 € Industry median: 698 €2021 Company: 9 485 € Industry median: 4 398 €20212022 Company: 24 481 € Industry median: 13 412 €2023 Company: 6 054 € Industry median: 4 448 €20232024 Company: 3 561 € Industry median: 4 456 €2025 Company: 2 634 € 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: -2 507 € · −58.4% vs 2024 · industry median 0 € · above 25% of the industry
-20 000-10 000010 00020 0002020 Company: -15 276 € Industry median: 0 €20202021 Company: 3 716 € Industry median: 101 €20212022 Company: 14 906 € Industry median: 1 580 €20222023 Company: 1 471 € Industry median: 0 €20232024 Company: -1 583 € Industry median: 0 €20242025 Company: -2 507 € Industry median: 0 €2025-20 000-10 000010 00020 0002020 Company: -15 276 € Industry median: 0 €2021 Company: 3 716 € Industry median: 101 €20212022 Company: 14 906 € Industry median: 1 580 €2023 Company: 1 471 € Industry median: 0 €20232024 Company: -1 583 € Industry median: 0 €2025 Company: -2 507 € 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: -95.2 % · −50.7 pp vs the year before · industry median 3.6 % · above 14% of the industry
-300-200-10001002020 Company: -200.1 % Industry median: 8.8 %20202021 Company: 39.2 % Industry median: 23.4 %20212022 Company: 60.9 % Industry median: 51.2 %20222023 Company: 24.3 % Industry median: 15.7 %20232024 Company: -44.5 % Industry median: 4.5 %20242025 Company: -95.2 % Industry median: 3.6 %2025-300-200-10001002020 Company: -200.1 % Industry median: 8.8 %2021 Company: 39.2 % Industry median: 23.4 %20212022 Company: 60.9 % Industry median: 51.2 %2023 Company: 24.3 % Industry median: 15.7 %20232024 Company: -44.5 % Industry median: 4.5 %2025 Company: -95.2 % 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: 50 279 € · −14.3% vs 2024
020 00040 00060 00080 0002020 Company: 68 367 €20202021 Company: 61 671 €20212022 Company: 70 580 €20222023 Company: 66 053 €20232024 Company: 58 646 €20242025 Company: 50 279 €2025020 00040 00060 00080 0002020 Company: 68 367 €2021 Company: 61 671 €20212022 Company: 70 580 €2023 Company: 66 053 €20232024 Company: 58 646 €2025 Company: 50 279 €2025
Equity, € 2025: 32 726 € · −7.1% vs 2024
010 00020 00030 00040 0002020 Company: 16 724 €20202021 Company: 20 440 €20212022 Company: 35 346 €20222023 Company: 36 817 €20232024 Company: 35 233 €20242025 Company: 32 726 €2025010 00020 00030 00040 0002020 Company: 16 724 €2021 Company: 20 440 €20212022 Company: 35 346 €2023 Company: 36 817 €20232024 Company: 35 233 €2025 Company: 32 726 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02020 Company: 1 Industry median: 220202021 Company: 1 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: 1 Industry median: 22021 Company: 1 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 2 634 -2 507 — 50 279 32 726 0
2024 3 561 -1 583 — 58 646 35 233 0
2023 6 054 1 471 — 66 053 36 817 0
2022 24 481 14 906 683 70 580 35 346 0
2021 9 485 3 716 2 002 61 671 20 440 1
2020 7 633 -15 276 7 980 68 367 16 724 1

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
-95.2 %
Net profit / revenue
Return on equity (ROE)
-7.7 %
Net profit / equity
Return on assets (ROA)
-5.0 %
Net profit / assets
Equity ratio
65.1 %
Equity / assets
Debt ratio
34.9 %
Liabilities / assets
Current ratio
0.37
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 22 Apr 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 7 Feb 2022 Company’s own e-Äriregister
2020 23 Dec 2019 – 31 Dec 2020 8 Mar 2021 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 70 000 € AU Energiateenus OÜ 30 Oct 2020 – in force

Board

  • Jaak Urm
    Board member · since 21 Apr 2026
  • Nasdaq CSD SE
    Keeper of the share register · since 18 Feb 2020

Right of representation

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

Owners

Beneficial owners

  • Jaak Urm
    Member of a senior management body (management or supervisory board) · since 8 Sep 2020

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 35129Other electricity production, including from biomass Main
Rulings
Number, date Title Deadline State Document
Ä 50135826 / 8
21 Apr 2026
Amendment entry In force
21 Apr 2026
PDF
Ä 50135826 / 7
19 Dec 2025
Amendment entry In force
19 Dec 2025
PDF
K 50135826 / 6
30 Oct 2020
Commercial pledge entered In force
30 Oct 2020
PDF
Ä 50135826 / 5
8 Sep 2020
Amendment entry In force
8 Sep 2020
PDF
Ä 50135826 / 4
3 Apr 2020
Amendment entry In force
3 Apr 2020
PDF
Ä 50135826 / M2
16 Mar 2020
Refund of the state fee In force
16 Mar 2020
PDF
Ä 50135826 / 3
16 Mar 2020
Amendment entry In force
16 Mar 2020
PDF
Ä 50135826 / M1
10 Mar 2020
Ruling to eliminate deficiencies 9 Apr 2020 Deficiencies eliminated
16 Mar 2020
PDF
Ä 50135826 / 2
18 Feb 2020
Amendment entry In force
18 Feb 2020
PDF
Ä 50135826
23 Dec 2019
First entry In force
23 Dec 2019
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data