Metsapäike 2 OÜ

Active Registry code 16679057 OÜ Tallinn Registered 17 Feb 2023
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Metsapäike 2 OÜ is a OÜ based in Tallinn, registry code 16679057, status: active. Main activity: Electricity production from solar energy. According to EMTA, turnover for Q3 2026 was €129 008 with employees.

Turnover
129 008 €
↓ 5.6% vs Q2 2026
State taxes
15 548 €
↓ 4.0% 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 129 008 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 853 776 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 -14.0 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 129 008 € · −5.6% vs Q2 2026 · industry median 3 039 € · above 82% of the industry
0100200300Q4 2023 Company: 34 445 € Industry median: 3 548 €Q4·23Q1 2024 Company: 42 169 € Industry median: 919 €Q2 2024 Company: 58 457 € Industry median: 3 798 €Q2·24Q3 2024 Company: 130 743 € Industry median: 4 925 €Q4 2024 Company: 97 534 € Industry median: 3 257 €Q4·24Q1 2025 Company: 121 756 € Industry median: 1 195 €Q2 2025 Company: 235 121 € Industry median: 3 174 €Q2·25Q3 2025 Company: 286 183 € Industry median: 2 640 €Q4 2025 Company: 136 327 € Industry median: 2 889 €Q4·25Q1 2026 Company: 107 926 € Industry median: 1 972 €Q2 2026 Company: 136 662 € Industry median: 2 924 €Q2·26Q3 2026 Company: 129 008 € Industry median: 3 039 €Q3·260100200300Q4 2024 Company: 97 534 € Industry median: 3 257 €Q1 2025 Company: 121 756 € Industry median: 1 195 €Q1·25Q2 2025 Company: 235 121 € Industry median: 3 174 €Q3 2025 Company: 286 183 € Industry median: 2 640 €Q3·25Q4 2025 Company: 136 327 € Industry median: 2 889 €Q1 2026 Company: 107 926 € Industry median: 1 972 €Q1·26Q2 2026 Company: 136 662 € Industry median: 2 924 €Q3 2026 Company: 129 008 € 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: 15 548 € · −4.0% vs Q2 2026
05 00010 00015 00020 000Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 972 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 13 633 €Q4 2024 Company: 3 511 €Q4·24Q1 2025 Company: 7 €Q2 2025 Company: 17 042 €Q2·25Q3 2025 Company: 3 375 €Q4 2025 Company: 2 007 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 16 189 €Q2·26Q3 2026 Company: 15 548 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 3 511 €Q1 2025 Company: 7 €Q1·25Q2 2025 Company: 17 042 €Q3 2025 Company: 3 375 €Q3·25Q4 2025 Company: 2 007 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 16 189 €Q3 2026 Company: 15 548 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 129 008 15 548 — —
Q2 2026 136 662 16 189 — —
Q1 2026 107 926 — — —
Q4 2025 136 327 2 007 — —
Q3 2025 286 183 3 375 — —
Q2 2025 235 121 17 042 — —
Q1 2025 121 756 7 — —
Q4 2024 97 534 3 511 — —
Q3 2024 130 743 13 633 — —
Q2 2024 58 457 — — —
Q1 2024 42 169 972 — —
Q4 2023 34 445 — — —
Q3 2023 59 988 — — —
Q2 2023 — — — —

Financials by year

2023 – 2025
Revenue, € thousand 2025: 853 776 € · +233.8% vs 2024 · industry median 3 747 € · above 89% of the industry
02004006008001 0002023 Company: 29 287 € Industry median: 4 448 €20232024 Company: 255 799 € Industry median: 4 456 €20242025 Company: 853 776 € Industry median: 3 747 €202502004006008001 0002023 Company: 29 287 € Industry median: 4 448 €20232024 Company: 255 799 € Industry median: 4 456 €2025 Company: 853 776 € 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: -119 415 € · −54.3% vs 2024 · industry median 0 € · above 2% of the industry
-125-100-75-50-2502023 Company: -19 045 € Industry median: 0 €20232024 Company: -77 392 € Industry median: 0 €20242025 Company: -119 415 € Industry median: 0 €2025-125-100-75-50-2502023 Company: -19 045 € Industry median: 0 €20232024 Company: -77 392 € Industry median: 0 €2025 Company: -119 415 € 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: -14.0 % · +16.3 pp vs the year before · industry median 3.6 % · above 30% of the industry
-80-60-40-200202023 Company: -65.0 % Industry median: 15.7 %20232024 Company: -30.3 % Industry median: 4.5 %20242025 Company: -14.0 % Industry median: 3.6 %2025-80-60-40-200202023 Company: -65.0 % Industry median: 15.7 %20232024 Company: -30.3 % Industry median: 4.5 %2025 Company: -14.0 % 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: 1 454 772 € · −11.3% vs 2024
05001 0001 5002 0002023 Company: 1 596 998 €20232024 Company: 1 640 711 €20242025 Company: 1 454 772 €202505001 0001 5002 0002023 Company: 1 596 998 €20232024 Company: 1 640 711 €2025 Company: 1 454 772 €2025
Equity, € 2025: 32 026 € · +95.1% vs 2024
010 00020 00030 00040 0002023 Company: 23 305 €20232024 Company: 16 413 €20242025 Company: 32 026 €2025010 00020 00030 00040 0002023 Company: 23 305 €20232024 Company: 16 413 €2025 Company: 32 026 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02023 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 853 776 -119 415 0 1 454 772 32 026 0
2024 255 799 -77 392 — 1 640 711 16 413 0
2023 29 287 -19 045 — 1 596 998 23 305 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
-14.0 %
Net profit / revenue
Return on equity (ROE)
-372.9 %
Net profit / equity
Return on assets (ROA)
-8.2 %
Net profit / assets
Equity ratio
2.2 %
Equity / assets
Debt ratio
97.8 %
Liabilities / assets
Current ratio
0.75
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 17 Feb 2023 – 31 Dec 2023 3 Jul 2024 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 351 000 € Luminor Bank AS 16 Mar 2026 – in force
1 1 209 000 € Luminor Bank AS 4 Apr 2024 – in force

Board

  • Priit Lepasepp
    Board member · since 17 Feb 2023
  • Erkki Kallas
    Board member · since 4 Jul 2023
  • Nasdaq CSD SE
    Keeper of the share register · since 10 Apr 2024

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 20 May 2025
  • Priit Lepasepp
    Member of a senior management body (management or supervisory board) · since 2 Mar 2023

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 50222140 / 11
16 Mar 2026
Second (constitutive) merger entry In force
16 Mar 2026
PDF
K 50222140 / 10
16 Mar 2026
Commercial pledge entered In force
16 Mar 2026
PDF
Ä 50222140 / 9
3 Jul 2024
Amendment entry In force
3 Jul 2024
PDF
Ä 50222140 / 8
10 Apr 2024
Amendment entry In force
10 Apr 2024
PDF
Ä 50222140 / 7
8 Apr 2024
Amendment entry In force
8 Apr 2024
PDF
K 50222140 / 6
4 Apr 2024
Commercial pledge entered In force
4 Apr 2024
PDF
K 50222140 / M1
28 Mar 2024
Ruling to eliminate deficiencies Deficiencies eliminated
3 Apr 2024
PDF
Ä 50222140 / 5
25 Mar 2024
Amendment entry In force
25 Mar 2024
PDF
Ä 50222140 / 4
29 Jan 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
29 Jan 2024
PDF
Ä 50222140 / 3
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50222140 / 2
4 Jul 2023
Amendment entry In force
4 Jul 2023
PDF
Ä 50222140
17 Feb 2023
First entry In force
17 Feb 2023
PDF

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