Sunly Solar OÜ

Active Registry code 14930375 OÜ Tallinn Registered 6 Mar 2020
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Sunly Solar OÜ is a OÜ based in Tallinn, registry code 14930375, status: active. Main activity: Electricity production from solar energy. According to EMTA, turnover for Q3 2026 was €221 258 with employees.

Turnover
221 258 €
↑ 23.0% vs Q2 2026
State taxes
29 780 €
↑ 68.2% 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 221 258 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 199 489 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 -68.1 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 221 258 € · +23.0% vs Q2 2026 · industry median 3 039 € · above 85% of the industry
050100150200250Q4 2023 Company: 50 126 € Industry median: 3 548 €Q4·23Q1 2024 Company: 50 499 € Industry median: 919 €Q2 2024 Company: 56 876 € Industry median: 3 798 €Q2·24Q3 2024 Company: 94 944 € Industry median: 4 925 €Q4 2024 Company: 39 436 € Industry median: 3 257 €Q4·24Q1 2025 Company: 12 682 € Industry median: 1 195 €Q2 2025 Company: 37 840 € Industry median: 3 174 €Q2·25Q3 2025 Company: 39 060 € Industry median: 2 640 €Q4 2025 Company: 71 505 € Industry median: 2 889 €Q4·25Q1 2026 Company: 89 073 € Industry median: 1 972 €Q2 2026 Company: 179 840 € Industry median: 2 924 €Q2·26Q3 2026 Company: 221 258 € Industry median: 3 039 €Q3·26050100150200250Q4 2024 Company: 39 436 € Industry median: 3 257 €Q1 2025 Company: 12 682 € Industry median: 1 195 €Q1·25Q2 2025 Company: 37 840 € Industry median: 3 174 €Q3 2025 Company: 39 060 € Industry median: 2 640 €Q3·25Q4 2025 Company: 71 505 € Industry median: 2 889 €Q1 2026 Company: 89 073 € Industry median: 1 972 €Q1·26Q2 2026 Company: 179 840 € Industry median: 2 924 €Q3 2026 Company: 221 258 € 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: 29 780 € · +68.2% vs Q2 2026
010 00020 00030 000Q4 2023 Company: 9 165 €Q4·23Q1 2024 Company: 4 843 €Q2 2024 Company: 7 551 €Q2·24Q3 2024 Company: 18 109 €Q4 2024 Company: 5 771 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 3 890 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 17 700 €Q2·26Q3 2026 Company: 29 780 €Q3·26010 00020 00030 000Q4 2024 Company: 5 771 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 3 890 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 17 700 €Q3 2026 Company: 29 780 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 221 258 29 780 — —
Q2 2026 179 840 17 700 — —
Q1 2026 89 073 — — —
Q4 2025 71 505 — — —
Q3 2025 39 060 — — —
Q2 2025 37 840 3 890 — —
Q1 2025 12 682 — — —
Q4 2024 39 436 5 771 — —
Q3 2024 94 944 18 109 — —
Q2 2024 56 876 7 551 — —
Q1 2024 50 499 4 843 — —
Q4 2023 50 126 9 165 — —
Q3 2023 103 576 7 671 — —
Q2 2023 65 603 8 342 — —
Q1 2023 13 607 1 387 — —
Q4 2022 262 544 36 559 — —
Q3 2022 1 050 562 189 953 — —
Q2 2022 137 411 — — —
Q1 2022 8 955 — — —

Financials by year

2020 – 2025
Revenue, € thousand 2025: 199 489 € · −17.3% vs 2024 · industry median 3 747 € · above 81% of the industry
02004006002020 Company: — Industry median: 698 €20202021 Company: 67 794 € Industry median: 4 398 €20212022 Company: 520 370 € Industry median: 13 412 €20222023 Company: 281 735 € Industry median: 4 448 €20232024 Company: 241 338 € Industry median: 4 456 €20242025 Company: 199 489 € Industry median: 3 747 €202502004006002020 Company: — Industry median: 698 €2021 Company: 67 794 € Industry median: 4 398 €20212022 Company: 520 370 € Industry median: 13 412 €2023 Company: 281 735 € Industry median: 4 448 €20232024 Company: 241 338 € Industry median: 4 456 €2025 Company: 199 489 € 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: -135 810 € · −206.3% vs 2024 · industry median 0 € · above 2% of the industry
-200-10001002003004002020 Company: -4 680 € Industry median: 0 €20202021 Company: 14 319 € Industry median: 101 €20212022 Company: 332 322 € Industry median: 1 580 €20222023 Company: -23 834 € Industry median: 0 €20232024 Company: -44 339 € Industry median: 0 €20242025 Company: -135 810 € Industry median: 0 €2025-200-10001002003004002020 Company: -4 680 € Industry median: 0 €2021 Company: 14 319 € Industry median: 101 €20212022 Company: 332 322 € Industry median: 1 580 €2023 Company: -23 834 € Industry median: 0 €20232024 Company: -44 339 € Industry median: 0 €2025 Company: -135 810 € 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: -68.1 % · −49.7 pp vs the year before · industry median 3.6 % · above 17% of the industry
-100-500501002020 Company: — Industry median: 8.8 %20202021 Company: 21.1 % Industry median: 23.4 %20212022 Company: 63.9 % Industry median: 51.2 %20222023 Company: -8.5 % Industry median: 15.7 %20232024 Company: -18.4 % Industry median: 4.5 %20242025 Company: -68.1 % Industry median: 3.6 %2025-100-500501002020 Company: — Industry median: 8.8 %2021 Company: 21.1 % Industry median: 23.4 %20212022 Company: 63.9 % Industry median: 51.2 %2023 Company: -8.5 % Industry median: 15.7 %20232024 Company: -18.4 % Industry median: 4.5 %2025 Company: -68.1 % 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, € thousand 2025: 2 989 949 € · +25.7% vs 2024
01 0002 0003 0002020 Company: 2 275 909 €20202021 Company: 2 784 360 €20212022 Company: 2 376 719 €20222023 Company: 2 242 906 €20232024 Company: 2 377 862 €20242025 Company: 2 989 949 €202501 0002 0003 0002020 Company: 2 275 909 €2021 Company: 2 784 360 €20212022 Company: 2 376 719 €2023 Company: 2 242 906 €20232024 Company: 2 377 862 €2025 Company: 2 989 949 €2025
Equity, € thousand 2025: 169 977 € · −44.4% vs 2024
01002003004002020 Company: 27 320 €20202021 Company: 41 639 €20212022 Company: 373 961 €20222023 Company: 350 127 €20232024 Company: 305 787 €20242025 Company: 169 977 €202501002003004002020 Company: 27 320 €2021 Company: 41 639 €20212022 Company: 373 961 €2023 Company: 350 127 €20232024 Company: 305 787 €2025 Company: 169 977 €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 199 489 -135 810 0 2 989 949 169 977 0
2024 241 338 -44 339 0 2 377 862 305 787 0
2023 281 735 -23 834 0 2 242 906 350 127 0
2022 520 370 332 322 0 2 376 719 373 961 0
2021 67 794 14 319 0 2 784 360 41 639 0
2020 — -4 680 — 2 275 909 27 320 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
-68.1 %
Net profit / revenue
Return on equity (ROE)
-79.9 %
Net profit / equity
Return on assets (ROA)
-4.5 %
Net profit / assets
Equity ratio
5.7 %
Equity / assets
Debt ratio
94.3 %
Liabilities / assets
Current ratio
1.22
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 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 28 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 29 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Jun 2022 Company’s own · audited e-Äriregister
2020 6 Mar 2020 – 31 Dec 2020 28 Jun 2021 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 2 000 000 € AS SEB Pank 8 Oct 2020 – in force

Board

  • Priit Lepasepp
    Board member · since 6 Mar 2020
  • Erkki Kallas
    Board member · since 28 Mar 2022
  • Nasdaq CSD SE
    Keeper of the share register · since 29 Sep 2020

Right of representation

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

Owners

Beneficial owners

  • Erkki Kallas
    Member of a senior management body (management or supervisory board) · since 21 Mar 2022
  • Priit Lepasepp
    Member of a senior management body (management or supervisory board) · since 6 Mar 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 50141862 / 7
17 Jan 2025
Amendment entry In force
17 Jan 2025
PDF
Ä 50141862 / 6
29 Jan 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
29 Jan 2024
PDF
Ä 50141862 / 5
28 Mar 2022
Amendment entry In force
28 Mar 2022
PDF
Ä 50141862 / 4
29 Apr 2021
Amendment entry In force
29 Apr 2021
PDF
K 50141862 / 3
8 Oct 2020
Commercial pledge entered In force
8 Oct 2020
PDF
Ä 50141862 / 2
29 Sep 2020
Amendment entry In force
29 Sep 2020
PDF
Ä 50141862
6 Mar 2020
First entry In force
6 Mar 2020
PDF

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