Metsapäike OÜ

Active Registry code 16493105 OÜ Tallinn Registered 3 May 2022
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Metsapäike OÜ is a OÜ based in Tallinn, registry code 16493105, status: active. Main activity: Electricity production from solar energy. According to EMTA, turnover for Q3 2026 was €1 749 652 with employees.

Turnover
1 749 652 €
↑ 72.4% vs Q2 2026
State taxes
182 371 €
↑ 122.3% vs Q2 2026
Labour taxes
0 €
↓ 100.0% vs Q2 2026
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 1.7 mn €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 3 mn €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 -24.3 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 749 652 € · +72.4% vs Q2 2026 · industry median 3 039 € · above 98% of the industry
05001 0001 5002 000Q4 2023 Company: 23 785 € Industry median: 3 548 €Q4·23Q1 2024 Company: 16 500 € Industry median: 919 €Q2 2024 Company: 22 329 € Industry median: 3 798 €Q2·24Q3 2024 Company: 167 540 € Industry median: 4 925 €Q4 2024 Company: 534 101 € Industry median: 3 257 €Q4·24Q1 2025 Company: 197 669 € Industry median: 1 195 €Q2 2025 Company: 858 069 € Industry median: 3 174 €Q2·25Q3 2025 Company: 1 172 635 € Industry median: 2 640 €Q4 2025 Company: 600 679 € Industry median: 2 889 €Q4·25Q1 2026 Company: 100 660 € Industry median: 1 972 €Q2 2026 Company: 1 015 136 € Industry median: 2 924 €Q2·26Q3 2026 Company: 1 749 652 € Industry median: 3 039 €Q3·2605001 0001 5002 000Q4 2024 Company: 534 101 € Industry median: 3 257 €Q1 2025 Company: 197 669 € Industry median: 1 195 €Q1·25Q2 2025 Company: 858 069 € Industry median: 3 174 €Q3 2025 Company: 1 172 635 € Industry median: 2 640 €Q3·25Q4 2025 Company: 600 679 € Industry median: 2 889 €Q1 2026 Company: 100 660 € Industry median: 1 972 €Q1·26Q2 2026 Company: 1 015 136 € Industry median: 2 924 €Q3 2026 Company: 1 749 652 € 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: 182 371 € · +122.3% vs Q2 2026
050100150200Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 75 307 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 149 284 €Q2·25Q3 2025 Company: 105 207 €Q4 2025 Company: 92 251 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 82 048 €Q2·26Q3 2026 Company: 182 371 €Q3·26050100150200Q4 2024 Company: 75 307 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 149 284 €Q3 2025 Company: 105 207 €Q3·25Q4 2025 Company: 92 251 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 82 048 €Q3 2026 Company: 182 371 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 749 652 182 371 — —
Q2 2026 1 015 136 82 048 169 —
Q1 2026 100 660 — — —
Q4 2025 600 679 92 251 244 —
Q3 2025 1 172 635 105 207 — —
Q2 2025 858 069 149 284 — —
Q1 2025 197 669 — — —
Q4 2024 534 101 75 307 — —
Q3 2024 167 540 — — —
Q2 2024 22 329 — — —
Q1 2024 16 500 — 847 —
Q4 2023 23 785 — 774 —
Q3 2023 269 860 — 1 411 —
Q2 2023 785 324 — 305 —
Q1 2023 — — 225 —
Q4 2022 — 777 — —
Q3 2022 106 — — —
Q2 2022 — — — —

Financials by year

2022 – 2025
Revenue, € thousand 2025: 2 972 369 € · +336.8% vs 2024 · industry median 3 747 € · above 94% of the industry
01 0002 0003 0002022 Company: — Industry median: 13 412 €20222023 Company: — Industry median: 4 448 €20232024 Company: 680 466 € Industry median: 4 456 €20242025 Company: 2 972 369 € Industry median: 3 747 €202501 0002 0003 0002022 Company: — Industry median: 13 412 €2023 Company: — Industry median: 4 448 €20232024 Company: 680 466 € Industry median: 4 456 €2025 Company: 2 972 369 € 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: -723 060 € · −84.4% vs 2024 · industry median 0 € · above 2% of the industry
-800-600-400-20002002022 Company: -6 086 € Industry median: 1 580 €20222023 Company: -28 774 € Industry median: 0 €20232024 Company: -392 154 € Industry median: 0 €20242025 Company: -723 060 € Industry median: 0 €2025-800-600-400-20002002022 Company: -6 086 € Industry median: 1 580 €2023 Company: -28 774 € Industry median: 0 €20232024 Company: -392 154 € Industry median: 0 €2025 Company: -723 060 € 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: -24.3 % · +33.3 pp vs the year before · industry median 3.6 % · above 25% of the industry
-75-50-2502550752022 Company: — Industry median: 51.2 %20222023 Company: — Industry median: 15.7 %20232024 Company: -57.6 % Industry median: 4.5 %20242025 Company: -24.3 % Industry median: 3.6 %2025-75-50-2502550752022 Company: — Industry median: 51.2 %2023 Company: — Industry median: 15.7 %20232024 Company: -57.6 % Industry median: 4.5 %2025 Company: -24.3 % 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: 35 923 799 € · +14.5% vs 2024
010 00020 00030 00040 0002022 Company: 2 029 424 €20222023 Company: 27 131 579 €20232024 Company: 31 364 975 €20242025 Company: 35 923 799 €2025010 00020 00030 00040 0002022 Company: 2 029 424 €2023 Company: 27 131 579 €20232024 Company: 31 364 975 €2025 Company: 35 923 799 €2025
Equity, € thousand 2025: 26 969 € · −95.6% vs 2024
02004006008002022 Company: 506 414 €20222023 Company: 735 669 €20232024 Company: 618 612 €20242025 Company: 26 969 €202502004006008002022 Company: 506 414 €2023 Company: 735 669 €20232024 Company: 618 612 €2025 Company: 26 969 €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 2 972 369 -723 060 0 35 923 799 26 969 0
2024 680 466 -392 154 0 31 364 975 618 612 0
2023 — -28 774 0 27 131 579 735 669 0
2022 — -6 086 0 2 029 424 506 414 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
-24.3 %
Net profit / revenue
Return on equity (ROE)
-2 681.1 %
Net profit / equity
Return on assets (ROA)
-2.0 %
Net profit / assets
Equity ratio
0.1 %
Equity / assets
Debt ratio
99.9 %
Liabilities / assets
Current ratio
0.69
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 · audited e-Äriregister
2022 3 May 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 7 490 000 € Luminor Bank AS 30 Dec 2024 – in force
1 12 400 000 € Luminor Bank AS 3 Aug 2023 – in force

Board

  • Erkki Kallas
    Board member · since 14 Jun 2023
  • Priit Lepasepp
    Board member · since 19 Nov 2025
  • Nasdaq CSD SE
    Keeper of the share register · since 5 Aug 2023

Right of representation

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

Owners

Beneficial owners

  • Priit Lepasepp
    Member of a senior management body (management or supervisory board) · since 21 Apr 2026
  • Erkki Kallas
    Member of a senior management body (management or supervisory board) · since 20 May 2025

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 50202127 / 14
19 Nov 2025
Amendment entry In force
19 Nov 2025
PDF
Ä 50202127 / 13
17 Jan 2025
Amendment entry In force
17 Jan 2025
PDF
Ä 50202127 / 12
7 Jan 2025
Amendment entry In force
7 Jan 2025
PDF
K 50202127 / 11
30 Dec 2024
Commercial pledge entered In force
30 Dec 2024
PDF
K 50202127 / 10
30 Dec 2024
Commercial pledge amended In force
30 Dec 2024
PDF
Ä 50202127 / 9
11 Jul 2024
Amendment entry In force
11 Jul 2024
PDF
Ä 50202127 / 8
29 Jan 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
29 Jan 2024
PDF
Ä 50202127 / 7
25 Oct 2023
Amendment entry In force
25 Oct 2023
PDF
Ä 50202127 / 6
5 Aug 2023
Amendment entry In force
5 Aug 2023
PDF
K 50202127 / 5
3 Aug 2023
Commercial pledge entered In force
3 Aug 2023
PDF
Ä 50202127 / 4
14 Jun 2023
Amendment entry In force
14 Jun 2023
PDF
Ä 50202127 / 3
20 Jan 2023
Amendment entry In force
20 Jan 2023
PDF
Ä 50202127 / 2
12 Oct 2022
Amendment entry In force
12 Oct 2022
PDF
Ä 50202127
3 May 2022
First entry In force
3 May 2022
PDF

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