Sunly Solar 2 OÜ

Active Registry code 16433209 OÜ Tallinn Registered 1 Feb 2022
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Sunly Solar 2 OÜ is a OÜ based in Tallinn, registry code 16433209, status: active. Main activity: Production of electricity from renewable sources. According to EMTA, turnover for Q3 2026 was €60 141 with employees.

Turnover
60 141 €
↑ 1.3% vs Q2 2026
State taxes
10 399 €
↑ 64.2% 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 60 141 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 141 219 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 -78.9 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 60 141 € · +1.3% vs Q2 2026 · industry median 3 039 € · above 76% of the industry
020 00040 00060 00080 000Q4 2023 Company: 26 991 € Industry median: 3 548 €Q4·23Q1 2024 Company: 5 547 € Industry median: 919 €Q2 2024 Company: 48 334 € Industry median: 3 798 €Q2·24Q3 2024 Company: 64 230 € Industry median: 4 925 €Q4 2024 Company: 27 331 € Industry median: 3 257 €Q4·24Q1 2025 Company: 9 051 € Industry median: 1 195 €Q2 2025 Company: 50 645 € Industry median: 3 174 €Q2·25Q3 2025 Company: 55 632 € Industry median: 2 640 €Q4 2025 Company: 26 285 € Industry median: 2 889 €Q4·25Q1 2026 Company: 7 837 € Industry median: 1 972 €Q2 2026 Company: 59 387 € Industry median: 2 924 €Q2·26Q3 2026 Company: 60 141 € Industry median: 3 039 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 27 331 € Industry median: 3 257 €Q1 2025 Company: 9 051 € Industry median: 1 195 €Q1·25Q2 2025 Company: 50 645 € Industry median: 3 174 €Q3 2025 Company: 55 632 € Industry median: 2 640 €Q3·25Q4 2025 Company: 26 285 € Industry median: 2 889 €Q1 2026 Company: 7 837 € Industry median: 1 972 €Q1·26Q2 2026 Company: 59 387 € Industry median: 2 924 €Q3 2026 Company: 60 141 € 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: 10 399 € · +64.2% vs Q2 2026
02 5005 0007 50010 00012 500Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 294 €Q2 2024 Company: 8 127 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 3 630 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 8 558 €Q2·25Q3 2025 Company: 10 045 €Q4 2025 Company: 3 468 €Q4·25Q1 2026 Company: 801 €Q2 2026 Company: 6 334 €Q2·26Q3 2026 Company: 10 399 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 3 630 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 8 558 €Q3 2025 Company: 10 045 €Q3·25Q4 2025 Company: 3 468 €Q1 2026 Company: 801 €Q1·26Q2 2026 Company: 6 334 €Q3 2026 Company: 10 399 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 60 141 10 399 — —
Q2 2026 59 387 6 334 — —
Q1 2026 7 837 801 — —
Q4 2025 26 285 3 468 — —
Q3 2025 55 632 10 045 — —
Q2 2025 50 645 8 558 — —
Q1 2025 9 051 — — —
Q4 2024 27 331 3 630 — —
Q3 2024 64 230 — — —
Q2 2024 48 334 8 127 — —
Q1 2024 5 547 294 — —
Q4 2023 26 991 — — —
Q3 2023 49 977 — — —
Q2 2023 38 637 — — —
Q1 2023 1 359 29 — —
Q4 2022 1 317 — — —
Q3 2022 — — — —
Q2 2022 — — — —
Q1 2022 — — — —

Financials by year

2022 – 2025
Revenue, € thousand 2025: 141 219 € · −4.5% vs 2024 · industry median 3 747 € · above 80% of the industry
0501001502022 Company: 1 449 € Industry median: 13 412 €20222023 Company: 118 370 € Industry median: 4 448 €20232024 Company: 147 876 € Industry median: 4 456 €20242025 Company: 141 219 € Industry median: 3 747 €20250501001502022 Company: 1 449 € Industry median: 13 412 €2023 Company: 118 370 € Industry median: 4 448 €20232024 Company: 147 876 € Industry median: 4 456 €2025 Company: 141 219 € 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: -111 355 € · −21.5% vs 2024 · industry median 0 € · above 5% of the industry
-125-100-75-50-250252022 Company: -31 170 € Industry median: 1 580 €20222023 Company: -73 660 € Industry median: 0 €20232024 Company: -91 638 € Industry median: 0 €20242025 Company: -111 355 € Industry median: 0 €2025-125-100-75-50-250252022 Company: -31 170 € Industry median: 1 580 €2023 Company: -73 660 € Industry median: 0 €20232024 Company: -91 638 € Industry median: 0 €2025 Company: -111 355 € 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: -78.9 % · −16.9 pp vs the year before · industry median 3.6 % · above 15% of the industry
-2 500-2 000-1 500-1 000-50005002022 Company: -2 151.1 % Industry median: 51.2 %20222023 Company: -62.2 % Industry median: 15.7 %20232024 Company: -62.0 % Industry median: 4.5 %20242025 Company: -78.9 % Industry median: 3.6 %2025-2 500-2 000-1 500-1 000-50005002022 Company: -2 151.1 % Industry median: 51.2 %2023 Company: -62.2 % Industry median: 15.7 %20232024 Company: -62.0 % Industry median: 4.5 %2025 Company: -78.9 % 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: 2 069 569 € · −1.4% vs 2024
05001 0001 5002 0002 5002022 Company: 2 060 074 €20222023 Company: 1 913 831 €20232024 Company: 2 098 744 €20242025 Company: 2 069 569 €202505001 0001 5002 0002 5002022 Company: 2 060 074 €2023 Company: 1 913 831 €20232024 Company: 2 098 744 €2025 Company: 2 069 569 €2025
Equity, € thousand 2025: 160 948 € · +187.2% vs 2024
-200-10001002002022 Company: -28 670 €20222023 Company: -102 330 €20232024 Company: 56 032 €20242025 Company: 160 948 €2025-200-10001002002022 Company: -28 670 €2023 Company: -102 330 €20232024 Company: 56 032 €2025 Company: 160 948 €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 141 219 -111 355 0 2 069 569 160 948 0
2024 147 876 -91 638 0 2 098 744 56 032 0
2023 118 370 -73 660 0 1 913 831 -102 330 0
2022 1 449 -31 170 0 2 060 074 -28 670 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
-78.9 %
Net profit / revenue
Return on equity (ROE)
-69.2 %
Net profit / equity
Return on assets (ROA)
-5.4 %
Net profit / assets
Equity ratio
7.8 %
Equity / assets
Debt ratio
92.2 %
Liabilities / assets
Current ratio
2.49
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 · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Jun 2024 Company’s own e-Äriregister
2022 1 Feb 2022 – 31 Dec 2022 29 Jun 2023 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 2 000 000 € Luminor Bank AS 31 Oct 2022 – in force

Board

  • Erkki Kallas
    Board member · since 1 Feb 2022
  • Priit Lepasepp
    Board member · since 1 Feb 2022
  • Nasdaq CSD SE
    Keeper of the share register · since 16 Aug 2022

Right of representation

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

Owners

Beneficial owners

  • Erkki Kallas
    Member of a senior management body (management or supervisory board) · since 1 Feb 2022
  • Priit Lepasepp
    Member of a senior management body (management or supervisory board) · since 1 Feb 2022

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 3512Production of electricity from renewable sources Main
Rulings
Number, date Title Deadline State Document
Ä 50195568 / 7
23 Jan 2025
Amendment entry In force
23 Jan 2025
PDF
Ä 50195568 / 6
17 Jan 2025
Amendment entry In force
17 Jan 2025
PDF
Ä 50195568 / 5
12 Feb 2024
Amendment entry In force
12 Feb 2024
PDF
Ä 50195568 / 4
29 Jan 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
29 Jan 2024
PDF
K 50195568 / 3
31 Oct 2022
Commercial pledge entered In force
31 Oct 2022
PDF
Ä 50195568 / 2
16 Aug 2022
Amendment entry In force
16 Aug 2022
PDF
Ä 50195568
1 Feb 2022
First entry In force
1 Feb 2022
PDF

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