Palmse Päikesepark OÜ

Active Registry code 14955180 OÜ Kakuvälja küla Registered 20 Apr 2020
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Palmse Päikesepark OÜ is a OÜ based in Kakuvälja küla, registry code 14955180, status: active. Main activity: Electricity production from solar energy. According to EMTA, turnover for Q3 2026 was €3 310 with employees.

Turnover
3 310 €
↓ 20.2% vs Q2 2026
State taxes
428 €
↑ 1.4% vs Q2 2026
Labour taxes
297 €
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 3 310 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 15 927 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 -62.1 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 3 310 € · −20.2% vs Q2 2026 · industry median 3 039 € · above 51% of the industry
05 00010 00015 000Q4 2023 Company: 7 869 € Industry median: 3 548 €Q4·23Q1 2024 Company: 902 € Industry median: 919 €Q2 2024 Company: 8 611 € Industry median: 3 798 €Q2·24Q3 2024 Company: 14 655 € Industry median: 4 925 €Q4 2024 Company: 5 549 € Industry median: 3 257 €Q4·24Q1 2025 Company: 1 555 € Industry median: 1 195 €Q2 2025 Company: 6 917 € Industry median: 3 174 €Q2·25Q3 2025 Company: 4 823 € Industry median: 2 640 €Q4 2025 Company: 2 703 € Industry median: 2 889 €Q4·25Q1 2026 Company: 531 € Industry median: 1 972 €Q2 2026 Company: 4 147 € Industry median: 2 924 €Q2·26Q3 2026 Company: 3 310 € Industry median: 3 039 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 5 549 € Industry median: 3 257 €Q1 2025 Company: 1 555 € Industry median: 1 195 €Q1·25Q2 2025 Company: 6 917 € Industry median: 3 174 €Q3 2025 Company: 4 823 € Industry median: 2 640 €Q3·25Q4 2025 Company: 2 703 € Industry median: 2 889 €Q1 2026 Company: 531 € Industry median: 1 972 €Q1·26Q2 2026 Company: 4 147 € Industry median: 2 924 €Q3 2026 Company: 3 310 € 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: 428 € · +1.4% vs Q2 2026
01 0002 0003 000Q4 2023 Company: 1 244 €Q4·23Q1 2024 Company: 30 €Q2 2024 Company: 1 466 €Q2·24Q3 2024 Company: 2 751 €Q4 2024 Company: 839 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 1 045 €Q2·25Q3 2025 Company: 649 €Q4 2025 Company: 195 €Q4·25Q1 2026 Company: 42 €Q2 2026 Company: 422 €Q2·26Q3 2026 Company: 428 €Q3·2602505007501 0001 250Q4 2024 Company: 839 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 1 045 €Q3 2025 Company: 649 €Q3·25Q4 2025 Company: 195 €Q1 2026 Company: 42 €Q1·26Q2 2026 Company: 422 €Q3 2026 Company: 428 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 3 310 428 297 —
Q2 2026 4 147 422 — —
Q1 2026 531 42 — —
Q4 2025 2 703 195 — —
Q3 2025 4 823 649 — —
Q2 2025 6 917 1 045 — —
Q1 2025 1 555 — — —
Q4 2024 5 549 839 — —
Q3 2024 14 655 2 751 — —
Q2 2024 8 611 1 466 — —
Q1 2024 902 30 — —
Q4 2023 7 869 1 244 — —
Q3 2023 16 411 2 977 — —
Q2 2023 11 696 1 921 — —
Q1 2023 1 307 84 — —
Q4 2022 20 722 3 860 — —
Q3 2022 58 707 11 466 — —
Q2 2022 28 605 5 559 — —
Q1 2022 1 915 326 — —

Financials by year

2020 – 2025
Revenue, € thousand 2025: 15 927 € · −46.7% vs 2024 · industry median 3 747 € · above 68% of the industry
02550751001252020 Company: — Industry median: 698 €20202021 Company: 35 603 € Industry median: 4 398 €20212022 Company: 109 951 € Industry median: 13 412 €20222023 Company: 36 233 € Industry median: 4 448 €20232024 Company: 29 871 € Industry median: 4 456 €20242025 Company: 15 927 € Industry median: 3 747 €202502550751001252020 Company: — Industry median: 698 €2021 Company: 35 603 € Industry median: 4 398 €20212022 Company: 109 951 € Industry median: 13 412 €2023 Company: 36 233 € Industry median: 4 448 €20232024 Company: 29 871 € Industry median: 4 456 €2025 Company: 15 927 € 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: -9 893 € · −249.6% vs 2024 · industry median 0 € · above 15% of the industry
-20 000020 00040 00060 00080 000100 0002020 Company: -2 443 € Industry median: 0 €20202021 Company: 14 223 € Industry median: 101 €20212022 Company: 81 129 € Industry median: 1 580 €20222023 Company: 37 750 € Industry median: 0 €20232024 Company: 6 611 € Industry median: 0 €20242025 Company: -9 893 € Industry median: 0 €2025-20 000020 00040 00060 00080 000100 0002020 Company: -2 443 € Industry median: 0 €2021 Company: 14 223 € Industry median: 101 €20212022 Company: 81 129 € Industry median: 1 580 €2023 Company: 37 750 € Industry median: 0 €20232024 Company: 6 611 € Industry median: 0 €2025 Company: -9 893 € 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: -62.1 % · −84.2 pp vs the year before · industry median 3.6 % · above 17% of the industry
-100-500501001502020 Company: — Industry median: 8.8 %20202021 Company: 39.9 % Industry median: 23.4 %20212022 Company: 73.8 % Industry median: 51.2 %20222023 Company: 104.2 % Industry median: 15.7 %20232024 Company: 22.1 % Industry median: 4.5 %20242025 Company: -62.1 % Industry median: 3.6 %2025-100-500501001502020 Company: — Industry median: 8.8 %2021 Company: 39.9 % Industry median: 23.4 %20212022 Company: 73.8 % Industry median: 51.2 %2023 Company: 104.2 % Industry median: 15.7 %20232024 Company: 22.1 % Industry median: 4.5 %2025 Company: -62.1 % 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: 353 933 € · −7.3% vs 2024
02004006002020 Company: 502 338 €20202021 Company: 506 807 €20212022 Company: 375 085 €20222023 Company: 375 824 €20232024 Company: 381 640 €20242025 Company: 353 933 €202502004006002020 Company: 502 338 €2021 Company: 506 807 €20212022 Company: 375 085 €2023 Company: 375 824 €20232024 Company: 381 640 €2025 Company: 353 933 €2025
Equity, € thousand 2025: 127 377 € · −7.2% vs 2024
-500501001502020 Company: -2 443 €20202021 Company: 11 780 €20212022 Company: 92 909 €20222023 Company: 130 659 €20232024 Company: 137 270 €20242025 Company: 127 377 €2025-500501001502020 Company: -2 443 €2021 Company: 11 780 €20212022 Company: 92 909 €2023 Company: 130 659 €20232024 Company: 137 270 €2025 Company: 127 377 €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 15 927 -9 893 0 353 933 127 377 0
2024 29 871 6 611 — 381 640 137 270 0
2023 36 233 37 750 — 375 824 130 659 0
2022 109 951 81 129 — 375 085 92 909 0
2021 35 603 14 223 — 506 807 11 780 0
2020 — -2 443 — 502 338 -2 443 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
-62.1 %
Net profit / revenue
Return on equity (ROE)
-7.8 %
Net profit / equity
Return on assets (ROA)
-2.8 %
Net profit / assets
Equity ratio
36.0 %
Equity / assets
Debt ratio
64.0 %
Liabilities / assets
Current ratio
0.21
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 4 May 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 31 Mar 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 23 Jan 2023 Company’s own e-Äriregister
2020 20 Apr 2020 – 31 Dec 2020 28 Jun 2021 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 300 000 € Coop Pank AS 9 Dec 2020 – in force

Board

  • Tarmo Valdre
    Board member · since 20 Apr 2020
  • Simar Selezov
    Board member · since 31 Aug 2020
  • Nasdaq CSD SE
    Keeper of the share register · since 27 Nov 2020

Right of representation

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

Owners

Beneficial owners

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 50144526 / 5
13 May 2021
Amendment entry In force
13 May 2021
PDF
K 50144526 / 4
9 Dec 2020
Commercial pledge entered In force
9 Dec 2020
PDF
Ä 50144526 / 3
27 Nov 2020
Amendment entry In force
27 Nov 2020
PDF
Ä 50144526 / 2
31 Aug 2020
Amendment entry In force
31 Aug 2020
PDF
Ä 50144526
20 Apr 2020
First entry In force
20 Apr 2020
PDF

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