SolarBay OÜ

Active Registry code 16286091 OÜ Aruvalla küla Registered 6 Aug 2021
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SolarBay OÜ is a OÜ based in Aruvalla küla, registry code 16286091, status: active. Main activity: Electrical installation work. According to EMTA, turnover for Q3 2026 was €2 283 with employees.

Turnover
2 283 €
↓ 93.9% vs Q2 2026
State taxes
—
Labour taxes
—
Employees
—

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 2 283 €
    industry median 23 017 € · companies in the industry: 6 974
  • Revenue · 2025 106 391 €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 9.8 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 2 283 € · −93.9% vs Q2 2026 · industry median 23 017 € · above 9% of the industry
020 00040 00060 00080 000Q4 2023 Company: 39 137 € Industry median: 23 403 €Q4·23Q1 2024 Company: 22 815 € Industry median: 16 922 €Q2 2024 Company: 6 808 € Industry median: 18 660 €Q2·24Q3 2024 Company: 2 785 € Industry median: 21 547 €Q4 2024 Company: 350 € Industry median: 23 300 €Q4·24Q1 2025 Company: 42 028 € Industry median: 17 914 €Q2 2025 Company: 20 157 € Industry median: 20 215 €Q2·25Q3 2025 Company: 64 788 € Industry median: 22 700 €Q4 2025 Company: 52 605 € Industry median: 23 111 €Q4·25Q1 2026 Company: 1 914 € Industry median: 17 425 €Q2 2026 Company: 37 310 € Industry median: 20 462 €Q2·26Q3 2026 Company: 2 283 € Industry median: 23 017 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 350 € Industry median: 23 300 €Q1 2025 Company: 42 028 € Industry median: 17 914 €Q1·25Q2 2025 Company: 20 157 € Industry median: 20 215 €Q3 2025 Company: 64 788 € Industry median: 22 700 €Q3·25Q4 2025 Company: 52 605 € Industry median: 23 111 €Q1 2026 Company: 1 914 € Industry median: 17 425 €Q1·26Q2 2026 Company: 37 310 € Industry median: 20 462 €Q3 2026 Company: 2 283 € Industry median: 23 017 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q2 2026: 2 465 € · +1 358.6% vs Q1 2026
02 5005 0007 50010 00012 500Q4 2023 Company: 6 560 €Q4·23Q1 2024 Company: 4 419 €Q2 2024 Company: 1 137 €Q2·24Q3 2024 Company: —Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 3 656 €Q2 2025 Company: 2 649 €Q2·25Q3 2025 Company: 5 247 €Q4 2025 Company: 11 528 €Q4·25Q1 2026 Company: 169 €Q2 2026 Company: 2 465 €Q2·26Q3 2026 Company: —Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 0 €Q1 2025 Company: 3 656 €Q1·25Q2 2025 Company: 2 649 €Q3 2025 Company: 5 247 €Q3·25Q4 2025 Company: 11 528 €Q1 2026 Company: 169 €Q1·26Q2 2026 Company: 2 465 €Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 2 283 — — —
Q2 2026 37 310 2 465 — —
Q1 2026 1 914 169 — —
Q4 2025 52 605 11 528 — —
Q3 2025 64 788 5 247 — —
Q2 2025 20 157 2 649 — —
Q1 2025 42 028 3 656 — —
Q4 2024 350 — — —
Q3 2024 2 785 — — —
Q2 2024 6 808 1 137 — —
Q1 2024 22 815 4 419 — —
Q4 2023 39 137 6 560 — —
Q3 2023 56 924 3 668 — —
Q2 2023 34 630 4 118 — —
Q1 2023 18 575 2 256 — —
Q4 2022 51 315 — — —
Q3 2022 12 169 2 155 — —
Q2 2022 7 525 157 — —
Q1 2022 11 837 2 354 — —

Financials by year

2022 – 2025
Revenue, € thousand 2025: 106 391 € · +1 182.3% vs 2024 · industry median 37 328 € · above 72% of the industry
0501001502002022 Company: 76 000 € Industry median: 37 940 €20222023 Company: 155 000 € Industry median: 35 936 €20232024 Company: 8 297 € Industry median: 35 372 €20242025 Company: 106 391 € Industry median: 37 328 €20250501001502002022 Company: 76 000 € Industry median: 37 940 €2023 Company: 155 000 € Industry median: 35 936 €20232024 Company: 8 297 € Industry median: 35 372 €2025 Company: 106 391 € Industry median: 37 328 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 10 459 € · +118.3% vs 2024 · industry median 561 € · above 77% of the industry
-100 000-50 000050 000100 0002022 Company: 59 962 € Industry median: 823 €20222023 Company: 79 942 € Industry median: 581 €20232024 Company: -57 194 € Industry median: 432 €20242025 Company: 10 459 € Industry median: 561 €2025-100 000-50 000050 000100 0002022 Company: 59 962 € Industry median: 823 €2023 Company: 79 942 € Industry median: 581 €20232024 Company: -57 194 € Industry median: 432 €2025 Company: 10 459 € Industry median: 561 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 9.8 % · +699.2 pp vs the year before · industry median 3.9 % · above 64% of the industry
-800-600-400-20002002022 Company: 78.9 % Industry median: 4.8 %20222023 Company: 51.6 % Industry median: 4.4 %20232024 Company: -689.3 % Industry median: 3.4 %20242025 Company: 9.8 % Industry median: 3.9 %2025-800-600-400-20002002022 Company: 78.9 % Industry median: 4.8 %2023 Company: 51.6 % Industry median: 4.4 %20232024 Company: -689.3 % Industry median: 3.4 %2025 Company: 9.8 % Industry median: 3.9 %2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 267 300 € · +9.0% vs 2024
01002003002022 Company: 185 587 €20222023 Company: 269 407 €20232024 Company: 245 249 €20242025 Company: 267 300 €202501002003002022 Company: 185 587 €2023 Company: 269 407 €20232024 Company: 245 249 €2025 Company: 267 300 €2025
Equity, € thousand 2025: 92 678 € · +12.1% vs 2024
0501001502022 Company: 59 962 €20222023 Company: 139 904 €20232024 Company: 82 710 €20242025 Company: 92 678 €20250501001502022 Company: 59 962 €2023 Company: 139 904 €20232024 Company: 82 710 €2025 Company: 92 678 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.51.01.52.02022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.51.01.52.02022 Company: 0 Industry median: 22023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Specialised construction activities (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 106 391 10 459 0 267 300 92 678 0
2024 8 297 -57 194 0 245 249 82 710 0
2023 155 000 79 942 0 269 407 139 904 0
2022 76 000 59 962 — 185 587 59 962 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
9.8 %
Net profit / revenue
Return on equity (ROE)
11.3 %
Net profit / equity
Return on assets (ROA)
3.9 %
Net profit / assets
Equity ratio
34.7 %
Equity / assets
Debt ratio
65.3 %
Liabilities / assets
Current ratio
5.44
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 24 Aug 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 8 Jan 2026 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 3 Dec 2024 Company’s own e-Äriregister
2022 6 Aug 2021 – 31 Dec 2022 21 Aug 2023 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

  • Mart Malsub
    Member of a senior management body (management or supervisory board) · since 6 Aug 2021
  • Raul Malsub
    Member of a senior management body (management or supervisory board) · since 6 Aug 2021

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 43211Electrical installation work Main

Rulings 5

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50179947 / M2
6 Sep 2024
 Warning of deletion from the register: annual report not filed 10 Dec 2024 Deficiencies eliminated
4 Dec 2024
 PDF
Ä 50179947 / M1
18 Jul 2024
 Warning of deletion from the register: annual report not filed 21 Oct 2024 Deficiencies eliminated
24 Aug 2024
 PDF
Ä 50179947 / 3
2 Sep 2023
 Amendment entry In force
2 Sep 2023
 PDF
Ä 50179947 / 2
3 May 2023
 Amendment entry In force
3 May 2023
 PDF
Ä 50179947
6 Aug 2021
 First entry In force
6 Aug 2021
 PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data