USM Päike OÜ

Active Registry code 16076689 OÜ Tallinn Registered 15 Oct 2020
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USM Päike OÜ is a OÜ based in Tallinn, registry code 16076689, status: active. Main activity: Distribution of electricity. According to EMTA, turnover for Q3 2026 was €3 692 with employees.

Turnover
3 692 €
↑ 29.0% vs Q2 2026
State taxes
423 €
↑ 23.3% 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 3 692 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 7 532 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 34.2 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 3 692 € · +29.0% vs Q2 2026 · industry median 3 039 € · above 52% of the industry
02 0004 0006 0008 000Q4 2023 Company: 4 408 € Industry median: 3 548 €Q4·23Q1 2024 Company: 718 € Industry median: 919 €Q2 2024 Company: 4 623 € Industry median: 3 798 €Q2·24Q3 2024 Company: 7 560 € Industry median: 4 925 €Q4 2024 Company: 3 281 € Industry median: 3 257 €Q4·24Q1 2025 Company: 1 394 € Industry median: 1 195 €Q2 2025 Company: 2 705 € Industry median: 3 174 €Q2·25Q3 2025 Company: 686 € Industry median: 2 640 €Q4 2025 Company: 2 868 € Industry median: 2 889 €Q4·25Q1 2026 Company: 156 € Industry median: 1 972 €Q2 2026 Company: 2 861 € Industry median: 2 924 €Q2·26Q3 2026 Company: 3 692 € Industry median: 3 039 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 281 € Industry median: 3 257 €Q1 2025 Company: 1 394 € Industry median: 1 195 €Q1·25Q2 2025 Company: 2 705 € Industry median: 3 174 €Q3 2025 Company: 686 € Industry median: 2 640 €Q3·25Q4 2025 Company: 2 868 € Industry median: 2 889 €Q1 2026 Company: 156 € Industry median: 1 972 €Q1·26Q2 2026 Company: 2 861 € Industry median: 2 924 €Q3 2026 Company: 3 692 € 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: 423 € · +23.3% vs Q2 2026
02505007501 0001 250Q4 2023 Company: 337 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 777 €Q2·24Q3 2024 Company: 1 041 €Q4 2024 Company: 561 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 342 €Q2·25Q3 2025 Company: 26 €Q4 2025 Company: 536 €Q4·25Q1 2026 Company: 8 €Q2 2026 Company: 343 €Q2·26Q3 2026 Company: 423 €Q3·260200400600Q4 2024 Company: 561 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 342 €Q3 2025 Company: 26 €Q3·25Q4 2025 Company: 536 €Q1 2026 Company: 8 €Q1·26Q2 2026 Company: 343 €Q3 2026 Company: 423 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 3 692 423 — —
Q2 2026 2 861 343 — —
Q1 2026 156 8 — —
Q4 2025 2 868 536 — —
Q3 2025 686 26 — —
Q2 2025 2 705 342 — —
Q1 2025 1 394 — — —
Q4 2024 3 281 561 — —
Q3 2024 7 560 1 041 — —
Q2 2024 4 623 777 — —
Q1 2024 718 — — —
Q4 2023 4 408 337 — —
Q3 2023 8 716 1 220 — —
Q2 2023 5 723 939 — —
Q1 2023 1 490 256 — —
Q4 2022 10 984 — — —
Q3 2022 29 030 5 711 — —
Q2 2022 14 015 2 682 — —
Q1 2022 1 462 347 — —

Financials by year

2021 – 2025
Revenue, € 2025: 7 532 € · −54.1% vs 2024 · industry median 3 747 € · above 61% of the industry
020 00040 00060 0002021 Company: 17 366 € Industry median: 4 398 €20212022 Company: 55 553 € Industry median: 13 412 €20222023 Company: 20 187 € Industry median: 4 448 €20232024 Company: 16 414 € Industry median: 4 456 €20242025 Company: 7 532 € Industry median: 3 747 €2025020 00040 00060 0002021 Company: 17 366 € Industry median: 4 398 €20212022 Company: 55 553 € Industry median: 13 412 €2023 Company: 20 187 € Industry median: 4 448 €20232024 Company: 16 414 € Industry median: 4 456 €2025 Company: 7 532 € 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: 2 574 € · −23.8% vs 2024 · industry median 0 € · above 77% of the industry
020 00040 00060 0002021 Company: 16 292 € Industry median: 101 €20212022 Company: 57 861 € Industry median: 1 580 €20222023 Company: 1 335 € Industry median: 0 €20232024 Company: 3 380 € Industry median: 0 €20242025 Company: 2 574 € Industry median: 0 €2025020 00040 00060 0002021 Company: 16 292 € Industry median: 101 €20212022 Company: 57 861 € Industry median: 1 580 €2023 Company: 1 335 € Industry median: 0 €20232024 Company: 3 380 € Industry median: 0 €2025 Company: 2 574 € 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: 34.2 % · +13.6 pp vs the year before · industry median 3.6 % · above 77% of the industry
02550751001252021 Company: 93.8 % Industry median: 23.4 %20212022 Company: 104.2 % Industry median: 51.2 %20222023 Company: 6.6 % Industry median: 15.7 %20232024 Company: 20.6 % Industry median: 4.5 %20242025 Company: 34.2 % Industry median: 3.6 %202502550751001252021 Company: 93.8 % Industry median: 23.4 %20212022 Company: 104.2 % Industry median: 51.2 %2023 Company: 6.6 % Industry median: 15.7 %20232024 Company: 20.6 % Industry median: 4.5 %2025 Company: 34.2 % 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, € thousand 2025: 156 814 € · −4.5% vs 2024
0501001502002021 Company: 154 319 €20212022 Company: 188 511 €20222023 Company: 170 105 €20232024 Company: 164 249 €20242025 Company: 156 814 €20250501001502002021 Company: 154 319 €20212022 Company: 188 511 €2023 Company: 170 105 €20232024 Company: 164 249 €2025 Company: 156 814 €2025
Equity, € 2025: 83 941 € · +3.2% vs 2024
020 00040 00060 00080 000100 0002021 Company: 18 792 €20212022 Company: 76 653 €20222023 Company: 77 988 €20232024 Company: 81 368 €20242025 Company: 83 941 €2025020 00040 00060 00080 000100 0002021 Company: 18 792 €20212022 Company: 76 653 €2023 Company: 77 988 €20232024 Company: 81 368 €2025 Company: 83 941 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02021 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 7 532 2 574 0 156 814 83 941 0
2024 16 414 3 380 0 164 249 81 368 0
2023 20 187 1 335 0 170 105 77 988 0
2022 55 553 57 861 0 188 511 76 653 0
2021 17 366 16 292 0 154 319 18 792 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
34.2 %
Net profit / revenue
Return on equity (ROE)
3.1 %
Net profit / equity
Return on assets (ROA)
1.6 %
Net profit / assets
Equity ratio
53.5 %
Equity / assets
Debt ratio
46.5 %
Liabilities / assets
Current ratio
0.10
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 Jun 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 14 Mar 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 23 May 2023 Company’s own e-Äriregister
2021 15 Oct 2020 – 31 Dec 2021 20 Jun 2022 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 146 845 € AS LHV Pank 6 Jul 2021 – in force

Board

  • Madis Avi
    Board member · since 15 Oct 2020

Right of representation

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

Owners

  • Mattiva OÜ
    Legal person · 12112230 · 2 500 €

Beneficial owners

  • Madis Avi
    Indirect ownership · since 15 Oct 2020

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 35141Distribution of electricity Main
Rulings
Number, date Title Deadline State Document
Ä 50157465 / 5
29 Sep 2026
Amendment entry In force
29 Sep 2026
PDF
Ä 50157465 / 4
8 Jul 2025
Amendment entry In force
8 Jul 2025
PDF
Ä 50157465 / 3
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50157465 / M2
19 Jul 2022
Procedural ruling 2 Aug 2022 In force
19 Jul 2022
PDF
K 50157465 / 2
6 Jul 2021
Commercial pledge entered In force
6 Jul 2021
PDF
K 50157465 / M1
5 Jul 2021
Ruling to eliminate deficiencies 19 Jul 2021 Deficiencies eliminated
5 Jul 2021
PDF
Ä 50157465
15 Oct 2020
First entry In force
15 Oct 2020
PDF

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