KC Solar1 OÜ

Active Registry code 16742117 OÜ Tallinn Registered 19 May 2023
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KC Solar1 OÜ is a OÜ based in Tallinn, registry code 16742117, status: active. Main activity: Production of electricity from non-renewable sources. According to EMTA, turnover for Q3 2026 was €56 786 with employees.

Turnover
56 786 €
↓ 57.3% vs Q2 2026
State taxes
0 €
↓ 100.0% 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 56 786 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 689 071 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 -70.8 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 56 786 € · −57.3% vs Q2 2026 · industry median 3 039 € · above 76% of the industry
0100200300400Q4 2023 Company: 154 792 € Industry median: 3 548 €Q4·23Q1 2024 Company: 2 048 € Industry median: 919 €Q2 2024 Company: 2 889 € Industry median: 3 798 €Q2·24Q3 2024 Company: 315 599 € Industry median: 4 925 €Q4 2024 Company: 203 929 € Industry median: 3 257 €Q4·24Q1 2025 Company: 56 520 € Industry median: 1 195 €Q2 2025 Company: 198 188 € Industry median: 3 174 €Q2·25Q3 2025 Company: 187 974 € Industry median: 2 640 €Q4 2025 Company: 160 270 € Industry median: 2 889 €Q4·25Q1 2026 Company: 20 641 € Industry median: 1 972 €Q2 2026 Company: 132 884 € Industry median: 2 924 €Q2·26Q3 2026 Company: 56 786 € Industry median: 3 039 €Q3·26050100150200250Q4 2024 Company: 203 929 € Industry median: 3 257 €Q1 2025 Company: 56 520 € Industry median: 1 195 €Q1·25Q2 2025 Company: 198 188 € Industry median: 3 174 €Q3 2025 Company: 187 974 € Industry median: 2 640 €Q3·25Q4 2025 Company: 160 270 € Industry median: 2 889 €Q1 2026 Company: 20 641 € Industry median: 1 972 €Q1·26Q2 2026 Company: 132 884 € Industry median: 2 924 €Q3 2026 Company: 56 786 € 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: 0 € · −100.0% vs Q2 2026
020 00040 00060 000Q4 2023 Company: 11 715 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 58 029 €Q4 2024 Company: 26 270 €Q4·24Q1 2025 Company: 3 404 €Q2 2025 Company: 31 350 €Q2·25Q3 2025 Company: 19 284 €Q4 2025 Company: 15 088 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 12 514 €Q2·26Q3 2026 Company: 0 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 26 270 €Q1 2025 Company: 3 404 €Q1·25Q2 2025 Company: 31 350 €Q3 2025 Company: 19 284 €Q3·25Q4 2025 Company: 15 088 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 12 514 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 56 786 — — —
Q2 2026 132 884 12 514 — —
Q1 2026 20 641 — — —
Q4 2025 160 270 15 088 — —
Q3 2025 187 974 19 284 — —
Q2 2025 198 188 31 350 — —
Q1 2025 56 520 3 404 — —
Q4 2024 203 929 26 270 — —
Q3 2024 315 599 58 029 — —
Q2 2024 2 889 — — —
Q1 2024 2 048 — — —
Q4 2023 154 792 11 715 — —
Q3 2023 — — — —
Q2 2023 — — — —

Financials by year

2023 – 2025
Revenue, € thousand 2025: 689 071 € · −36.0% vs 2024 · industry median 3 747 € · above 87% of the industry
05001 0001 5002 0002023 Company: 1 648 173 € Industry median: 4 448 €20232024 Company: 1 076 553 € Industry median: 4 456 €20242025 Company: 689 071 € Industry median: 3 747 €202505001 0001 5002 0002023 Company: 1 648 173 € Industry median: 4 448 €20232024 Company: 1 076 553 € Industry median: 4 456 €2025 Company: 689 071 € 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: -488 004 € · −497.8% vs 2024 · industry median 0 € · above 2% of the industry
-50005001 0002023 Company: 927 104 € Industry median: 0 €20232024 Company: -81 630 € Industry median: 0 €20242025 Company: -488 004 € Industry median: 0 €2025-50005001 0002023 Company: 927 104 € Industry median: 0 €20232024 Company: -81 630 € Industry median: 0 €2025 Company: -488 004 € 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: -70.8 % · −63.2 pp vs the year before · industry median 3.6 % · above 16% of the industry
-100-500501002023 Company: 56.3 % Industry median: 15.7 %20232024 Company: -7.6 % Industry median: 4.5 %20242025 Company: -70.8 % Industry median: 3.6 %2025-100-500501002023 Company: 56.3 % Industry median: 15.7 %20232024 Company: -7.6 % Industry median: 4.5 %2025 Company: -70.8 % 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: 16 622 325 € · −4.3% vs 2024
05 00010 00015 00020 0002023 Company: 17 904 671 €20232024 Company: 17 368 436 €20242025 Company: 16 622 325 €202505 00010 00015 00020 0002023 Company: 17 904 671 €20232024 Company: 17 368 436 €2025 Company: 16 622 325 €2025
Equity, € thousand 2025: 359 970 € · −57.5% vs 2024
02004006008001 0002023 Company: 929 604 €20232024 Company: 847 974 €20242025 Company: 359 970 €202502004006008001 0002023 Company: 929 604 €20232024 Company: 847 974 €2025 Company: 359 970 €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 689 071 -488 004 0 16 622 325 359 970 0
2024 1 076 553 -81 630 0 17 368 436 847 974 0
2023 1 648 173 927 104 0 17 904 671 929 604 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
-70.8 %
Net profit / revenue
Return on equity (ROE)
-135.6 %
Net profit / equity
Return on assets (ROA)
-2.9 %
Net profit / assets
Equity ratio
2.2 %
Equity / assets
Debt ratio
97.8 %
Liabilities / assets
Current ratio
0.18
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 25 Jun 2025 Company’s own · audited e-Äriregister
2023 19 May 2023 – 31 Dec 2023 5 Jun 2024 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 4 962 921 € AS SEB Pank 10 Jul 2026 – in force
1 10 100 000 € AS SEB Pank 25 Aug 2023 – in force

Board

  • Mart Peling
    Board member · since 19 May 2023
  • Mihkel Loorits
    Board member · since 19 May 2023
  • Ott Antsmaa
    Board member · since 19 May 2023
  • Nasdaq CSD SE
    Keeper of the share register · since 16 Aug 2023

Right of representation

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

Owners

Beneficial owners

  • Mihkel Loorits
    Member of a senior management body (management or supervisory board) · since 18 May 2026

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 35111Production of electricity from non-renewable sources Main
Rulings
Number, date Title Deadline State Document
K 50228936 / 7
10 Jul 2026
Commercial pledge entered In force
10 Jul 2026
PDF
K 50228936 / 6
10 Jul 2026
Commercial pledge amended In force
10 Jul 2026
PDF
K 50228936 / M1
9 Jul 2026
Ruling to eliminate deficiencies 9 Aug 2026 Deficiencies eliminated
10 Jul 2026
PDF
Ä 50228936 / 5
29 Jun 2026
Amendment entry In force
29 Jun 2026
PDF
Ä 50228936 / 4
28 Feb 2025
Amendment entry In force
28 Feb 2025
PDF
K 50228936 / 3
25 Aug 2023
Commercial pledge entered In force
25 Aug 2023
PDF
Ä 50228936 / 2
16 Aug 2023
Amendment entry In force
16 Aug 2023
PDF
Ä 50228936
19 May 2023
First entry In force
19 May 2023
PDF

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