Evecon Solarparks 2 OÜ

Active Registry code 16103469 OÜ Kuressaare linn Registered 23 Nov 2020
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Evecon Solarparks 2 OÜ is a OÜ based in Kuressaare linn, registry code 16103469, status: active. Main activity: Electricity production from solar energy. According to EMTA, turnover for Q3 2026 was €544 853 with employees.

Turnover
544 853 €
↑ 48.8% vs Q2 2026
State taxes
0 €
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 544 853 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 781 800 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 -80.5 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 544 853 € · +48.8% vs Q2 2026 · industry median 3 039 € · above 89% of the industry
0200400600800Q4 2023 Company: 846 € Industry median: 3 548 €Q4·23Q1 2024 Company: 23 915 € Industry median: 919 €Q2 2024 Company: 536 326 € Industry median: 3 798 €Q2·24Q3 2024 Company: 742 860 € Industry median: 4 925 €Q4 2024 Company: 172 219 € Industry median: 3 257 €Q4·24Q1 2025 Company: 80 258 € Industry median: 1 195 €Q2 2025 Company: 254 119 € Industry median: 3 174 €Q2·25Q3 2025 Company: 253 434 € Industry median: 2 640 €Q4 2025 Company: 208 922 € Industry median: 2 889 €Q4·25Q1 2026 Company: 70 887 € Industry median: 1 972 €Q2 2026 Company: 366 281 € Industry median: 2 924 €Q2·26Q3 2026 Company: 544 853 € Industry median: 3 039 €Q3·260200400600Q4 2024 Company: 172 219 € Industry median: 3 257 €Q1 2025 Company: 80 258 € Industry median: 1 195 €Q1·25Q2 2025 Company: 254 119 € Industry median: 3 174 €Q3 2025 Company: 253 434 € Industry median: 2 640 €Q3·25Q4 2025 Company: 208 922 € Industry median: 2 889 €Q1 2026 Company: 70 887 € Industry median: 1 972 €Q1·26Q2 2026 Company: 366 281 € Industry median: 2 924 €Q3 2026 Company: 544 853 € 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, € thousand Q3 2026: 0 €
050100150200Q4 2023 Company: —Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 107 771 €Q2·24Q3 2024 Company: 158 649 €Q4 2024 Company: 34 271 €Q4·24Q1 2025 Company: 12 793 €Q2 2025 Company: 51 053 €Q2·25Q3 2025 Company: 49 676 €Q4 2025 Company: 40 461 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 0 €Q3·260204060Q4 2024 Company: 34 271 €Q1 2025 Company: 12 793 €Q1·25Q2 2025 Company: 51 053 €Q3 2025 Company: 49 676 €Q3·25Q4 2025 Company: 40 461 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 544 853 — — —
Q2 2026 366 281 — — —
Q1 2026 70 887 — — —
Q4 2025 208 922 40 461 — —
Q3 2025 253 434 49 676 — —
Q2 2025 254 119 51 053 — —
Q1 2025 80 258 12 793 — —
Q4 2024 172 219 34 271 — —
Q3 2024 742 860 158 649 — —
Q2 2024 536 326 107 771 — —
Q1 2024 23 915 — — —
Q4 2023 846 — — —
Q3 2023 — — — —
Q2 2023 — — — —
Q1 2023 — 10 — —
Q4 2022 282 56 — —
Q3 2022 — — — —
Q2 2022 — — — —
Q1 2022 — — — —

Financials by year

2020 – 2025
Revenue, € thousand 2025: 781 800 € · −40.8% vs 2024 · industry median 3 747 € · above 88% of the industry
05001 0001 5002020 Company: 2 € Industry median: 698 €20202021 Company: 20 € Industry median: 4 398 €20212022 Company: 282 € Industry median: 13 412 €20222023 Company: 176 703 € Industry median: 4 448 €20232024 Company: 1 320 695 € Industry median: 4 456 €20242025 Company: 781 800 € Industry median: 3 747 €202505001 0001 5002020 Company: 2 € Industry median: 698 €2021 Company: 20 € Industry median: 4 398 €20212022 Company: 282 € Industry median: 13 412 €2023 Company: 176 703 € Industry median: 4 448 €20232024 Company: 1 320 695 € Industry median: 4 456 €2025 Company: 781 800 € 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: -629 004 € · −266.2% vs 2024 · industry median 0 € · above 2% of the industry
-800-600-400-20002002020 Company: 2 € Industry median: 0 €20202021 Company: 20 € Industry median: 101 €20212022 Company: 282 € Industry median: 1 580 €20222023 Company: 65 187 € Industry median: 0 €20232024 Company: -171 752 € Industry median: 0 €20242025 Company: -629 004 € Industry median: 0 €2025-800-600-400-20002002020 Company: 2 € Industry median: 0 €2021 Company: 20 € Industry median: 101 €20212022 Company: 282 € Industry median: 1 580 €2023 Company: 65 187 € Industry median: 0 €20232024 Company: -171 752 € Industry median: 0 €2025 Company: -629 004 € 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: -80.5 % · −67.5 pp vs the year before · industry median 3.6 % · above 15% of the industry
-100-500501002020 Company: — Industry median: 8.8 %20202021 Company: — Industry median: 23.4 %20212022 Company: — Industry median: 51.2 %20222023 Company: 36.9 % Industry median: 15.7 %20232024 Company: -13.0 % Industry median: 4.5 %20242025 Company: -80.5 % Industry median: 3.6 %2025-100-500501002020 Company: — Industry median: 8.8 %2021 Company: — Industry median: 23.4 %20212022 Company: — Industry median: 51.2 %2023 Company: 36.9 % Industry median: 15.7 %20232024 Company: -13.0 % Industry median: 4.5 %2025 Company: -80.5 % 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: 15 620 531 € · +1.2% vs 2024
05 00010 00015 00020 0002020 Company: 2 503 €20202021 Company: 127 698 €20212022 Company: 258 495 €20222023 Company: 2 765 960 €20232024 Company: 15 429 009 €20242025 Company: 15 620 531 €202505 00010 00015 00020 0002020 Company: 2 503 €2021 Company: 127 698 €20212022 Company: 258 495 €2023 Company: 2 765 960 €20232024 Company: 15 429 009 €2025 Company: 15 620 531 €2025
Equity, € thousand 2025: 921 879 € · +1 711.8% vs 2024
02004006008001 0002020 Company: 2 503 €20202021 Company: 2 523 €20212022 Company: 2 805 €20222023 Company: 67 992 €20232024 Company: 50 883 €20242025 Company: 921 879 €202502004006008001 0002020 Company: 2 503 €2021 Company: 2 523 €20212022 Company: 2 805 €2023 Company: 67 992 €20232024 Company: 50 883 €2025 Company: 921 879 €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 781 800 -629 004 0 15 620 531 921 879 0
2024 1 320 695 -171 752 0 15 429 009 50 883 0
2023 176 703 65 187 0 2 765 960 67 992 0
2022 282 282 0 258 495 2 805 0
2021 20 20 0 127 698 2 523 0
2020 2 2 0 2 503 2 503 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
-80.5 %
Net profit / revenue
Return on equity (ROE)
-68.2 %
Net profit / equity
Return on assets (ROA)
-4.0 %
Net profit / assets
Equity ratio
5.9 %
Equity / assets
Debt ratio
94.1 %
Liabilities / assets
Current ratio
1.05
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 31 May 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 6 Aug 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 2 Sep 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 26 May 2022 Company’s own e-Äriregister
2020 23 Nov 2020 – 31 Dec 2020 17 Feb 2021 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 15 000 000 € AS LHV Pank 21 Oct 2024 – in force

Board

  • Aivar Mäemets
    Board member · since 18 May 2022
  • Nasdaq CSD SE
    Keeper of the share register · since 15 Oct 2024
  • Reimo Nook
    Procurator · since 18 May 2022

Right of representation

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

Any procurator may represent the private limited company in all legal acts related to its business. A procurator may transfer or encumber immovable property only if that right is entered on the registry card.

Owners

Beneficial owners

Founders and other persons

No 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 50160436 / 9
11 Aug 2025
Amendment entry In force
11 Aug 2025
PDF
K 50160436 / 8
21 Oct 2024
Commercial pledge entered In force
21 Oct 2024
PDF
Ä 50160436 / 7
15 Oct 2024
Amendment entry In force
15 Oct 2024
PDF
Ä 50160436 / 6
5 Feb 2024
Second (constitutive) merger entry In force
5 Feb 2024
PDF
Ä 50160436 / 5
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50160436 / 4
18 May 2022
Transformation entry In force
18 May 2022
PDF
Ä 50160436 / 3
20 Sep 2021
Amendment entry In force
20 Sep 2021
PDF
Ä 50160436 / 2
25 Nov 2020
Third (informative) division entry In force
25 Nov 2020
PDF
Ä 50160436
23 Nov 2020
First (declaratory) division entry (card of the new company) In force
23 Nov 2020
PDF

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