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Conversion Electronics OÜ

RegisteredPrivate limited company (OÜ)Registry code 12382107

Key factsHaabersti linnaosa, Other engineering-technical activities
Registry code
12382107
VAT number
EE101591997
LEI code
9676003Q54M2H0CKSF37lapsed
Registered
22 Nov 2012
Address
Harju maakond, Tallinn, Haabersti linnaosa, Tõnu tn 8Harju maakondTallinnHaabersti linnaosa
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).

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2025202420232022202120202019
Income statement
Revenue€257,937
−13%
€297,321
−16%
€352,197
−2.2%
€360,118
+12%
€321,140
+31%
€244,246
−29%
€345,992
Operating profit€70,306€144,352€104,010€67,794€174,069€119,089€192,407
Net profit€50,140
−61%
€129,360
+60%
€81,060
+18%
€68,973
−62%
€180,199
+71%
€105,617
−40%
€176,485
Profit margin19%44%23%19%56%43%51%
Labour costs−€67,284−€88,114−€70,157€47,198€42,578€42,627€58,532
Balance sheet
Total assets€272,892
−9.7%
€302,106
+9.5%
€275,844
−22%
€354,630
−6.7%
€380,112
+47%
€258,297
−7.4%
€279,054
Current assets€272,892€302,106€275,844€354,630€380,112€258,297€279,054
Cash€22,594€14,420€36,802€137,342€83,126€37,943€101,313
Current liabilities€8,979€16,833€20,469€87,367€81,822€37,076€63,450
Non-current liabilities———————
Equity€263,913
−7.5%
€285,273
+12%
€255,375
−4.5%
€267,263
−10%
€298,290
+35%
€221,221
+2.6%
€215,604
Ratios and staff
Current ratio30.3917.9513.484.064.656.974.40
Employees (FTE)4432222
Revenue per employee€64,484€74,330€117,399€180,059€160,570€122,123€172,996

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€104,382€14,942€4,8702€1,648
2026 Q1€100,718€21,944€4,6482€1,585
2025 Q4€81,825€14,834€4,6172€1,482
2025 Q3€63,096€12,434€3,9702€1,337
2025 Q2€76,936€20,107€13,6992€3,896
2025 Q1€72,719€18,884€12,3334€1,828
2024 Q4€79,787€18,979€11,6113€2,276
2024 Q3€89,737€19,838€11,9854€1,831
2024 Q2€36,219€10,125€6,6334€1,205
2024 Q1€59,875€14,753€9,9083€1,974
2023 Q4€133,839€23,029€7,9423€1,668
2023 Q3€59,466€13,796€7,1103€1,538
2023 Q2€105,136€29,084€11,5533€2,265
2023 Q1€75,860€12,854€6,0212€1,838
2022 Q4€108,786€17,408€6,2402€1,889
2022 Q3€73,504€9,290€5,5202€1,720
2022 Q2€86,203€27,462€7,6332€2,244
2022 Q1€137,620€23,880€6,3041€3,707

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.