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Eltech Solutions OÜ

RegisteredPrivate limited company (OÜ)Registry code 12062710

Key factsRannamõisa küla, Manufacture of electricity distribution and control apparatus
Registry code
12062710
VAT number
EE101490742
Registered
18 Feb 2011
Address
Harju maakond, Harku vald, Rannamõisa küla, Tammi tee 46Harju maakondHarku valdRannamõisa küla
Base map and address location: Estonian Land and Spatial Development Board
Capital
€2,500
Financial year ends
31.12
Open in the business register

Charts

Revenue and net profit

From the annual reports (RIK).

Profit margin

From the annual reports (RIK).

Balance sheet structure

Equity and liabilities add up to total assets. From the annual reports.

Turnover and employees by quarter

Tax board quarterly data, last 12 quarters.

Annual report figures

Unconsolidated reports, amounts in euros. Employees are the annual average in full-time equivalents (FTE).

Download CSV
2025202420232022202120202019
Income statement
Revenue€24,466,000
+8.9%
€22,460,859
−26%
€30,418,192
+317%
€7,300,343
+80%
€4,054,209
−1%
€4,093,368
+29%
€3,167,578
Operating profit€2,276,000€3,907,923€5,398,972€606,809−€44,538€221,353€248,986
Net profit€2,081,000
−46%
€3,832,833
−9.6%
€4,237,534
+618%
€590,132
+822%
−€81,754
−147%
€172,995
−17%
€208,136
Profit margin8.5%17%14%8.1%−2%4.2%6.6%
Labour costs€3,520,000€2,239,761€1,233,304€813,710€637,318€615,448€504,265
Balance sheet
Total assets€16,936,000
+11%
€15,216,128
+47%
€10,319,067
+46%
€7,066,016
+288%
€1,822,141
−7.8%
€1,976,468
+8%
€1,829,336
Current assets€12,518,000€12,322,001€8,783,825€6,539,471€1,388,288€1,488,984€1,338,276
Cash€3,063,000€3,520,120€568,871€1,066,889€83,718€284,239€9,550
Current liabilities€6,729,000€7,266,993€6,056,734€5,954,052€1,183,808€1,035,033€918,808
Non-current liabilities—€0€22,049€110,925€127,426€209,250€241,339
Equity€10,207,000
+28%
€7,949,135
+87%
€4,240,284
+324%
€1,001,039
+96%
€510,907
−30%
€732,185
+9.4%
€669,189
Ratios and staff
Current ratio1.861.701.451.101.171.441.46
Employees (FTE)92663129252521
Revenue per employee€265,935€340,316€981,232€251,736€162,168€163,735€150,837

Tax board quarterly data

Taxes paid during the quarter, turnover from VAT returns and head count on the last day of the quarter.

QuarterTurnoverState taxesLabour taxesEmployeesAverage salary (estimate)
2026 Q2€5,104,412€831,399€415,992109€2,433
2026 Q1€9,371,379€783,021€417,040110€2,419
2025 Q4€11,216,447€836,837€422,641104€2,311
2025 Q3€7,236,680€511,682€385,37799€2,214
2025 Q2€6,355,641€299,072€305,04091€1,948
2025 Q1€5,210,491€195,777€185,71973€1,587
2024 Q4€10,352,723€1,743,608€289,04568€2,500
2024 Q3€5,537,206€259,621€261,40073€2,106
2024 Q2€6,056,686€687,323€194,97967€1,791
2024 Q1€7,732,728€387,710€158,04654€1,799
2023 Q4€4,323,964€453,391€159,48544€2,132
2023 Q3€12,863,212€437,375€125,60739€1,936
2023 Q2€12,007,040€257,285€114,87134€2,010
2023 Q1€10,654,606€227,666€92,56433€1,742
2022 Q4€5,765,206€454,335€84,56430€1,748
2022 Q3€3,197,380€366,048€110,71027€2,411
2022 Q2€2,248,774€193,798€70,06629€1,559
2022 Q1€1,159,733€129,207€63,11427€1,523

Tax debt

This company is not on the tax board's list of debtors as of 06 Oct 2026.

Source: the tax board's list of legal persons with tax debt. Each month shows its last snapshot. Not being on the list does not prove there is no tax debt.

What these figures mean

Tax board turnover sums the quarter's VAT returns, including reverse-charged purchases. It is not annual report revenue and the two are not added up. Turnover months lag the quarter by one month.

Quarterly head count is the employment register on the quarter's last day, excluding board members. Annual report FTE is the year's average in full-time equivalents.

Average salary is an estimate: the gross monthly salary per employee that the labour taxes imply. Labour taxes are paid, not earned, in the quarter, and part-time staff and tax exemptions skew the result.

The current ratio shows how many euros of current assets there are for each euro of current liabilities.