Mustamäe Päikesepark OÜ

Active Registry code 16240812 OÜ Tallinn Registered 28 May 2021
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Mustamäe Päikesepark OÜ is a OÜ based in Tallinn, registry code 16240812, status: active. Main activity: Electricity production from solar energy. According to EMTA, turnover for Q3 2026 was €7 935 with employees.

Turnover
7 935 €
↑ 5.6% vs Q2 2026
State taxes
1 874 €
↑ 8.1% 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 7 935 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 17 933 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 31.6 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 7 935 € · +5.6% vs Q2 2026 · industry median 3 039 € · above 59% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 2 929 € Industry median: 3 548 €Q4·23Q1 2024 Company: 186 € Industry median: 919 €Q2 2024 Company: 4 874 € Industry median: 3 798 €Q2·24Q3 2024 Company: 8 696 € Industry median: 4 925 €Q4 2024 Company: 2 630 € Industry median: 3 257 €Q4·24Q1 2025 Company: 429 € Industry median: 1 195 €Q2 2025 Company: 7 279 € Industry median: 3 174 €Q2·25Q3 2025 Company: 7 840 € Industry median: 2 640 €Q4 2025 Company: 2 322 € Industry median: 2 889 €Q4·25Q1 2026 Company: 84 € Industry median: 1 972 €Q2 2026 Company: 7 516 € Industry median: 2 924 €Q2·26Q3 2026 Company: 7 935 € Industry median: 3 039 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 2 630 € Industry median: 3 257 €Q1 2025 Company: 429 € Industry median: 1 195 €Q1·25Q2 2025 Company: 7 279 € Industry median: 3 174 €Q3 2025 Company: 7 840 € Industry median: 2 640 €Q3·25Q4 2025 Company: 2 322 € Industry median: 2 889 €Q1 2026 Company: 84 € Industry median: 1 972 €Q1·26Q2 2026 Company: 7 516 € Industry median: 2 924 €Q3 2026 Company: 7 935 € 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: 1 874 € · +8.1% vs Q2 2026
05001 0001 5002 000Q4 2023 Company: 568 €Q4·23Q1 2024 Company: 42 €Q2 2024 Company: 1 016 €Q2·24Q3 2024 Company: 1 875 €Q4 2024 Company: 556 €Q4·24Q1 2025 Company: 106 €Q2 2025 Company: 1 662 €Q2·25Q3 2025 Company: 1 767 €Q4 2025 Company: 560 €Q4·25Q1 2026 Company: 19 €Q2 2026 Company: 1 733 €Q2·26Q3 2026 Company: 1 874 €Q3·2605001 0001 5002 000Q4 2024 Company: 556 €Q1 2025 Company: 106 €Q1·25Q2 2025 Company: 1 662 €Q3 2025 Company: 1 767 €Q3·25Q4 2025 Company: 560 €Q1 2026 Company: 19 €Q1·26Q2 2026 Company: 1 733 €Q3 2026 Company: 1 874 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 7 935 1 874 — —
Q2 2026 7 516 1 733 — —
Q1 2026 84 19 — —
Q4 2025 2 322 560 — —
Q3 2025 7 840 1 767 — —
Q2 2025 7 279 1 662 — —
Q1 2025 429 106 — —
Q4 2024 2 630 556 — —
Q3 2024 8 696 1 875 — —
Q2 2024 4 874 1 016 — —
Q1 2024 186 42 — —
Q4 2023 2 929 568 — —
Q3 2023 9 621 1 859 — —
Q2 2023 8 666 1 672 — —
Q1 2023 448 87 — —
Q4 2022 4 411 835 — —
Q3 2022 20 683 4 076 — —
Q2 2022 8 424 1 604 — —
Q1 2022 260 54 — —

Financials by year

2021 – 2025
Revenue, € 2025: 17 933 € · +9.4% vs 2024 · industry median 3 747 € · above 69% of the industry
010 00020 00030 00040 0002021 Company: 8 161 € Industry median: 4 398 €20212022 Company: 33 801 € Industry median: 13 412 €20222023 Company: 21 623 € Industry median: 4 448 €20232024 Company: 16 387 € Industry median: 4 456 €20242025 Company: 17 933 € Industry median: 3 747 €2025010 00020 00030 00040 0002021 Company: 8 161 € Industry median: 4 398 €20212022 Company: 33 801 € Industry median: 13 412 €2023 Company: 21 623 € Industry median: 4 448 €20232024 Company: 16 387 € Industry median: 4 456 €2025 Company: 17 933 € 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: 5 662 € · +210.8% vs 2024 · industry median 0 € · above 81% of the industry
010 00020 00030 00040 0002021 Company: 8 865 € Industry median: 101 €20212022 Company: 34 589 € Industry median: 1 580 €20222023 Company: 4 761 € Industry median: 0 €20232024 Company: 1 822 € Industry median: 0 €20242025 Company: 5 662 € Industry median: 0 €2025010 00020 00030 00040 0002021 Company: 8 865 € Industry median: 101 €20212022 Company: 34 589 € Industry median: 1 580 €2023 Company: 4 761 € Industry median: 0 €20232024 Company: 1 822 € Industry median: 0 €2025 Company: 5 662 € 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: 31.6 % · +20.5 pp vs the year before · industry median 3.6 % · above 75% of the industry
02550751001252021 Company: 108.6 % Industry median: 23.4 %20212022 Company: 102.3 % Industry median: 51.2 %20222023 Company: 22.0 % Industry median: 15.7 %20232024 Company: 11.1 % Industry median: 4.5 %20242025 Company: 31.6 % Industry median: 3.6 %202502550751001252021 Company: 108.6 % Industry median: 23.4 %20212022 Company: 102.3 % Industry median: 51.2 %2023 Company: 22.0 % Industry median: 15.7 %20232024 Company: 11.1 % Industry median: 4.5 %2025 Company: 31.6 % 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: 107 204 € · −6.4% vs 2024
0501001502021 Company: 118 904 €20212022 Company: 131 651 €20222023 Company: 123 468 €20232024 Company: 114 515 €20242025 Company: 107 204 €20250501001502021 Company: 118 904 €20212022 Company: 131 651 €2023 Company: 123 468 €20232024 Company: 114 515 €2025 Company: 107 204 €2025
Equity, € 2025: 58 199 € · +10.8% vs 2024
020 00040 00060 0002021 Company: 11 365 €20212022 Company: 45 954 €20222023 Company: 50 715 €20232024 Company: 52 537 €20242025 Company: 58 199 €2025020 00040 00060 0002021 Company: 11 365 €20212022 Company: 45 954 €2023 Company: 50 715 €20232024 Company: 52 537 €2025 Company: 58 199 €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 17 933 5 662 0 107 204 58 199 0
2024 16 387 1 822 0 114 515 52 537 0
2023 21 623 4 761 0 123 468 50 715 0
2022 33 801 34 589 0 131 651 45 954 0
2021 8 161 8 865 0 118 904 11 365 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
31.6 %
Net profit / revenue
Return on equity (ROE)
9.7 %
Net profit / equity
Return on assets (ROA)
5.3 %
Net profit / assets
Equity ratio
54.3 %
Equity / assets
Debt ratio
45.7 %
Liabilities / assets
Current ratio
0.13
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 12 Mar 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 15 Feb 2023 Company’s own e-Äriregister
2021 28 May 2021 – 31 Dec 2021 30 Mar 2022 Company’s own e-Äriregister

Board

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 50174891 / 4
2 Apr 2026
Amendment entry In force
2 Apr 2026
PDF
Ä 50174891 / M2
10 Feb 2026
Ruling to eliminate deficiencies 12 Mar 2026 Deficiencies eliminated
2 Apr 2026
PDF
Ä 50174891 / 3
11 Jan 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
11 Jan 2024
PDF
Ä 50174891 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50174891
28 May 2021
First entry In force
28 May 2021
PDF
Ä 50174891 / M1
26 May 2021
Ruling to eliminate deficiencies 10 Jun 2021 Deficiencies eliminated
28 May 2021
PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data