Solar Light L OÜ

Active Registry code 16294216 OÜ Tallinn Registered 17 Aug 2021
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Solar Light L OÜ is a OÜ based in Tallinn, registry code 16294216, status: active. Main activity: Other electricity production, including from biomass. According to EMTA, turnover for Q3 2026 was €3 381 574 with employees.

Turnover
3 381 574 €
↓ 24.5% vs Q2 2026
State taxes
455 548 €
↓ 46.7% 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 3.4 mn €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 2 mn €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 30.2 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 3 381 574 € · −24.5% vs Q2 2026 · industry median 3 039 € · above 98% of the industry
02 5005 0007 50010 00012 500Q4 2023 Company: 554 582 € Industry median: 3 548 €Q4·23Q1 2024 Company: 1 759 497 € Industry median: 919 €Q2 2024 Company: 549 436 € Industry median: 3 798 €Q2·24Q3 2024 Company: 1 024 843 € Industry median: 4 925 €Q4 2024 Company: 430 402 € Industry median: 3 257 €Q4·24Q1 2025 Company: 136 431 € Industry median: 1 195 €Q2 2025 Company: 2 358 301 € Industry median: 3 174 €Q2·25Q3 2025 Company: 2 660 245 € Industry median: 2 640 €Q4 2025 Company: 10 893 307 € Industry median: 2 889 €Q4·25Q1 2026 Company: 252 573 € Industry median: 1 972 €Q2 2026 Company: 4 477 425 € Industry median: 2 924 €Q2·26Q3 2026 Company: 3 381 574 € Industry median: 3 039 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 430 402 € Industry median: 3 257 €Q1 2025 Company: 136 431 € Industry median: 1 195 €Q1·25Q2 2025 Company: 2 358 301 € Industry median: 3 174 €Q3 2025 Company: 2 660 245 € Industry median: 2 640 €Q3·25Q4 2025 Company: 10 893 307 € Industry median: 2 889 €Q1 2026 Company: 252 573 € Industry median: 1 972 €Q1·26Q2 2026 Company: 4 477 425 € Industry median: 2 924 €Q3 2026 Company: 3 381 574 € 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: 455 548 € · −46.7% vs Q2 2026
02004006008001 000Q4 2023 Company: 47 901 €Q4·23Q1 2024 Company: 49 003 €Q2 2024 Company: 118 254 €Q2·24Q3 2024 Company: 221 630 €Q4 2024 Company: 91 013 €Q4·24Q1 2025 Company: 11 837 €Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 133 401 €Q4 2025 Company: 103 194 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 854 769 €Q2·26Q3 2026 Company: 455 548 €Q3·2602004006008001 000Q4 2024 Company: 91 013 €Q1 2025 Company: 11 837 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: 133 401 €Q3·25Q4 2025 Company: 103 194 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 854 769 €Q3 2026 Company: 455 548 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 3 381 574 455 548 — —
Q2 2026 4 477 425 854 769 — —
Q1 2026 252 573 — — —
Q4 2025 10 893 307 103 194 — —
Q3 2025 2 660 245 133 401 — —
Q2 2025 2 358 301 — — —
Q1 2025 136 431 11 837 — —
Q4 2024 430 402 91 013 — —
Q3 2024 1 024 843 221 630 — —
Q2 2024 549 436 118 254 — —
Q1 2024 1 759 497 49 003 — —
Q4 2023 554 582 47 901 — —
Q3 2023 1 477 097 189 277 — —
Q2 2023 114 216 42 898 — —
Q1 2023 713 390 5 112 — —
Q4 2022 5 238 394 112 321 — —
Q3 2022 1 726 660 138 462 — —
Q2 2022 276 721 — — —
Q1 2022 344 833 — — —

Financials by year

2022 – 2025
Revenue, € thousand 2025: 2 041 167 € · −2.2% vs 2024 · industry median 3 747 € · above 92% of the industry
05001 0001 5002 0002 5002022 Company: 1 916 179 € Industry median: 13 412 €20222023 Company: 1 946 572 € Industry median: 4 448 €20232024 Company: 2 087 259 € Industry median: 4 456 €20242025 Company: 2 041 167 € Industry median: 3 747 €202505001 0001 5002 0002 5002022 Company: 1 916 179 € Industry median: 13 412 €2023 Company: 1 946 572 € Industry median: 4 448 €20232024 Company: 2 087 259 € Industry median: 4 456 €2025 Company: 2 041 167 € 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: 615 573 € · +1 127.9% vs 2024 · industry median 0 € · above 98% of the industry
-25002505007501 0001 2502022 Company: 694 708 € Industry median: 1 580 €20222023 Company: 1 124 425 € Industry median: 0 €20232024 Company: -59 888 € Industry median: 0 €20242025 Company: 615 573 € Industry median: 0 €2025-25002505007501 0001 2502022 Company: 694 708 € Industry median: 1 580 €2023 Company: 1 124 425 € Industry median: 0 €20232024 Company: -59 888 € Industry median: 0 €2025 Company: 615 573 € 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: 30.2 % · +33.0 pp vs the year before · industry median 3.6 % · above 75% of the industry
-2002040602022 Company: 36.3 % Industry median: 51.2 %20222023 Company: 57.8 % Industry median: 15.7 %20232024 Company: -2.9 % Industry median: 4.5 %20242025 Company: 30.2 % Industry median: 3.6 %2025-2002040602022 Company: 36.3 % Industry median: 51.2 %2023 Company: 57.8 % Industry median: 15.7 %20232024 Company: -2.9 % Industry median: 4.5 %2025 Company: 30.2 % 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: 64 919 941 € · +42.9% vs 2024
020 00040 00060 00080 0002022 Company: 20 250 792 €20222023 Company: 35 920 687 €20232024 Company: 45 416 026 €20242025 Company: 64 919 941 €2025020 00040 00060 00080 0002022 Company: 20 250 792 €2023 Company: 35 920 687 €20232024 Company: 45 416 026 €2025 Company: 64 919 941 €2025
Equity, € thousand 2025: 3 925 527 € · +18.7% vs 2024
01 0002 0003 0004 0002022 Company: 990 818 €20222023 Company: 3 368 026 €20232024 Company: 3 308 138 €20242025 Company: 3 925 527 €202501 0002 0003 0004 0002022 Company: 990 818 €2023 Company: 3 368 026 €20232024 Company: 3 308 138 €2025 Company: 3 925 527 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02022 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 2 041 167 615 573 0 64 919 941 3 925 527 0
2024 2 087 259 -59 888 0 45 416 026 3 308 138 0
2023 1 946 572 1 124 425 0 35 920 687 3 368 026 0
2022 1 916 179 694 708 0 20 250 792 990 818 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
30.2 %
Net profit / revenue
Return on equity (ROE)
15.7 %
Net profit / equity
Return on assets (ROA)
0.9 %
Net profit / assets
Equity ratio
6.0 %
Equity / assets
Debt ratio
94.0 %
Liabilities / assets
Current ratio
0.35
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 29 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 28 Apr 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 7 Oct 2024 Company’s own · audited e-Äriregister
2022 17 Aug 2021 – 31 Dec 2022 15 Sep 2023 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
5 13 228 800 € Luminor Bank AS 17 Nov 2025 – in force
4 2 848 000 € Luminor Bank AS 11 Feb 2025 – in force
3 3 400 000 € Luminor Bank AS 11 Feb 2025 – in force
2 2 600 000 € Luminor Bank AS 21 Jun 2023 – in force
1 3 840 000 € Luminor Bank AS 17 Dec 2021 – in force

Board

  • Heino Hõbeoja
    Board member · since 17 Aug 2021
  • Nasdaq CSD SE
    Keeper of the share register · since 15 Oct 2024

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

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 35129Other electricity production, including from biomass Main
Rulings
Number, date Title Deadline State Document
K 50180804 / 15
17 Nov 2025
Commercial pledge entered In force
17 Nov 2025
PDF
Ä 50180804 / 14
10 Oct 2025
Division entry (second, constitutive) In force
10 Oct 2025
PDF
Ä 50180804 / 13
9 Jun 2025
Amendment entry In force
9 Jun 2025
PDF
Ä 50180804 / M2
19 May 2025
Ruling to eliminate deficiencies 18 Jun 2025 Deficiencies eliminated
4 Jun 2025
PDF
Ä 50180804 / 10
11 Feb 2025
Second (constitutive) merger entry In force
11 Feb 2025
PDF
K 50180804 / 12
11 Feb 2025
Commercial pledge entered In force
11 Feb 2025
PDF
K 50180804 / 11
11 Feb 2025
Commercial pledge entered In force
11 Feb 2025
PDF
K 50180804 / 9
12 Dec 2024
Commercial pledge amended In force
12 Dec 2024
PDF
K 50180804 / 8
12 Dec 2024
Commercial pledge amended In force
12 Dec 2024
PDF
Ä 50180804 / 7
15 Oct 2024
Amendment entry In force
15 Oct 2024
PDF
Ä 50180804 / M1
18 Jul 2024
Warning of a fine: annual report not filed 17 Aug 2024 Deficiencies eliminated
1 Nov 2024
PDF
Ä 50180804 / 6
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50180804 / 4
21 Jun 2023
Second (constitutive) merger entry In force
21 Jun 2023
PDF
K 50180804 / 5
21 Jun 2023
Commercial pledge entered In force
21 Jun 2023
PDF
K 50180804 / 3
17 Dec 2021
Commercial pledge entered In force
17 Dec 2021
PDF
Ä 50180804 / 2
17 Aug 2021
Third (informative) division entry In force
17 Aug 2021
PDF
Ä 50180804
17 Aug 2021
First (declaratory) division entry (card of the new company) In force
17 Aug 2021
PDF

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