Aktsiaselts ELVESO

Legal form:: Public limited company
Registry code:: 10096975
VAT no.:: EE100429507
Fiscal-year period:: 01.01 - 31.12
Established:: 04.12.1996 (29 y)
Capital:: 50 481 EUR
Address:: Ehituse tn 9, Jüri alevik, Rae vald, Harju maakond, 75301
Status:: Registered
LEI code:: 894500GGN0U84MMGZ850 (expired 02.10.2025)
E-invoice reception:: Unifiedpost

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Contacts

Phone:: +372 6031480
Email:: info@elveso.ee

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Industries

Industry TOPNo. 2 of 99 companies

Main activity 37001 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE100429507	01.01.1994	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	27.05.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	19.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	09.05.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	02.05.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	05.05.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	23.04.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	28.04.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	09.04.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	04.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	24.05.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	22.04.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	25.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	26.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	11.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	26.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	08.06.2011	Valid	PDF
2010	01.01.2010 – 31.12.2010	08.06.2011	Expired	PDF
2009	01.01.2009 – 31.12.2009	09.06.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	17.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	06.06.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	20.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	16.06.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	13.06.2005	Valid	PDF
2002	01.07.2002 – 30.06.2003	02.01.2004	Valid	PDF
2001	01.07.2001 – 30.06.2002	18.12.2002	Valid	PDF
2000	01.07.2000 – 30.06.2001	19.11.2001	Valid	PDF

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Tax debt Reports Declarations Court decisions29 Official announcements48 TTJA decisions2 Real estate27 .ee domains1 Licenses5 Regulations39 Public transactions5731 Grants9 State aid7 Public procurement97 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	484 390 €	111 394 €	2,76 M €+6,6%	24
2026 Q2	296 851 €	98 799 €	2,59 M €−3,4%	24
2026 Q1	275 980 €	103 518 €	2,68 M €+22,2%	24
Total 2026:	1,06 M €	313 711 €	8,02 M €
2025 Q4	149 705 €	112 367 €	2,19 M €+1,1%	24
2025 Q3	266 991 €	119 069 €	2,17 M €−32,3%	24
2025 Q2	293 072 €	139 691 €	3,20 M €−3,0%	23
2025 Q1	269 831 €	107 183 €	3,30 M €+35,2%	23
Total 2025:	979 599 €	478 310 €	10,9 M €
2024 Q4	228 965 €	98 231 €	2,44 M €+32,6%	24
2024 Q3	211 381 €	106 902 €	1,84 M €−27,6%	24
2024 Q2	570 949 €	97 376 €	2,54 M €−0,3%	24
2024 Q1	161 325 €	101 759 €	2,55 M €+2,4%	24
Total 2024:	1,17 M €	404 268 €	9,36 M €
2023 Q4	169 198 €	95 913 €	2,49 M €+17,5%	24
2023 Q3	152 120 €	103 015 €	2,12 M €−20,8%	24
2023 Q2	299 633 €	95 363 €	2,68 M €−29,3%	24
2023 Q1	269 387 €	93 482 €	3,78 M €+17,5%	24
Total 2023:	890 338 €	387 773 €	11,1 M €
2022 Q4	261 869 €	88 567 €	3,22 M €+32,9%	24
2022 Q3	119 478 €	90 912 €	2,42 M €+7,8%	24
2022 Q2	205 720 €	76 607 €	2,25 M €−15,6%	24
2022 Q1	285 008 €	78 091 €	2,66 M €−21,3%	22
Total 2022:	872 075 €	334 177 €	10,5 M €
2021 Q4	346 515,06 €	77 180,49 €	3,38 M €+69,4%	23
2021 Q3	317 458,40 €	91 533,41 €	2,00 M €−24,6%	23
2021 Q2	198 654,92 €	66 525,91 €	2,65 M €+16,8%	23
2021 Q1	167 062,70 €	69 910,72 €	2,26 M €+29,9%	30
Total 2021:	1,03 M €	305 150,53 €	10,3 M €
2020 Q4	71 087,31 €	69 863,78 €	1,74 M €−17,9%	30
2020 Q3	188 437,81 €	92 913,45 €	2,12 M €+15,8%	29
2020 Q2	243 072,55 €	66 853,69 €	1,83 M €−36,4%	29
2020 Q1	236 983,57 €	73 061,67 €	2,89 M €	29
Total 2020:	739 581,24 €	302 692,59 €	8,59 M €

Revenue by industry

	2023	2024	2025
Sewerage and wastewater treatment	2 812 652 €	3 247 471 €	3 177 561 €
Water collection, treatment and supply	1 623 329 €	1 765 000 €	1 994 688 €
Steam and air-conditioning supply	1 577 412 €	1 289 128 €	1 256 688 €
Sale of electricity	888 492 €	821 643 €	771 909 €
Distribution of electricity	505 398 €	502 007 €	489 468 €
Renting and operating of own or leased real estate	23 643 €	23 643 €	23 502 €
Installation, repair and maintenance of plumbing and sanitary fittings		2 426 €	5 165 €
Construction of water, gas and sewerage projects	40 €	208 €	742 €
Other waste disposal		798 €	367 €
Installation, repair and maintenance of heating, ventilation and air-conditioning equipment		648 €	326 €
Other assaying and analysis	2 251 €
Plumbing installation	744 €
Treatment and disposal of non-hazardous waste	660 €
Installation of heating, ventilation and air-conditioning equipment	190 €

Tax debts

No tax debt found

No tax debt as of 19.10.2026

Representatives

	Personal ID code
Indrek Metusa	37102XXXXXX	12.02.1971 (55)	Board member	16.01.2013	-

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Shareholders

	Personal ID code
Rae Vallavalitsus	75026106	21.02.2001 (25)	Shareholder	50 481 EUR	100,00%	Sole ownership	04.04.2025	-

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Other persons

	Personal ID code
Ergo Kruus	38302XXXXXX	19.02.1983 (43)	Chairman of the supervisory board	12.01.2026	-
Agu Laius	35105XXXXXX	21.05.1951 (75)	Supervisory-board member	09.12.2025	-
Alex Kuusk	38012XXXXXX	17.12.1980 (45)	Supervisory-board member	09.12.2025	-
Mihkel Mäehans	38211XXXXXX	29.11.1982 (43)	Supervisory-board member	09.12.2025	-
Priit Põldmäe	36808XXXXXX	04.08.1968 (58)	Supervisory-board member	09.12.2025	-

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Ultimate beneficial owners

	Personal ID code
Ain Böckler	36708XXXXXX	26.08.1967 (59)	Right to appoint or remove most executive or governing-body members	08.12.2025	-
Alina Ader	48907XXXXXX	10.07.1989 (37)	Right to appoint or remove most executive or governing-body members	08.12.2025	-
Gerli Lehe	48701XXXXXX	27.01.1987 (39)	Right to appoint or remove most executive or governing-body members	08.12.2025	-
Marju Aolaid	47003XXXXXX	19.03.1970 (56)	Right to appoint or remove most executive or governing-body members	08.12.2025	-
Raul Siem	37306XXXXXX	05.06.1973 (53)	Right to appoint or remove most executive or governing-body members	08.12.2025	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 2 756 369 €
Monthly average: 918 790 €
Per employee: 38 283 €
Equity ratio: 1 820,07%

Labour taxes

Turnover ratio: 4,04%
Tax ratio: 23,00%
Monthly average: 37 131 €
Per employee: 1 547 €

State taxes

Monthly average: 161 463 €
Turnover ratio: 17,57%

Estimated salary

Gross salary: 2 831 €
Net salary: 2 283 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	7 518 501 €+9,4%	6 872 561 €+2,9%	6 678 573 €−4,2%	6 973 051 €+4,9%	6 646 370 €+48,0%	4 491 835 €+23,5%	3 637 632 €
Non-current assets	25 501 542 €+5,6%	24 153 388 €−8,3%	26 352 168 €+10,0%	23 957 476 €+5,4%	22 739 672 €−3,1%	23 473 720 €+5,4%	22 271 384 €
Total assets	33 020 044 €+6,4%	31 025 950 €−6,1%	33 030 742 €+6,8%	30 930 526 €+5,3%	29 386 040 €+5,1%	27 965 556 €+7,9%	25 909 016 €
Short-term liabilities	5 256 976 €+47,2%	3 572 228 €−36,8%	5 650 398 €+19,4%	4 733 401 €+33,7%	3 541 477 €+58,0%	2 240 833 €+21,0%	1 852 299 €
Long-term liabilities	6 318 €+26,4%	5 000 €−44,4%	9 000 €−98,3%	-	-	520 432 €−33,3%	780 648 €
Total liabilities	5 263 294 €+47,1%	3 577 228 €−36,8%	5 659 398 €+19,6%	4 733 401 €+33,7%	3 541 477 €+28,3%	2 761 265 €+4,9%	2 632 947 €
Share or stock capital	50 481 €−90,1%	511 200 €	511 200 €	511 200 €	511 200 €−44,3%	918 243 €+2,6%	894 600 €
Retained earnings	26 644 096 €+4,6%	25 466 718 €+2,3%	24 892 500 €+1,4%	24 539 938 €+2,3%	23 992 622 €+6,8%	22 471 874 €+8,4%	20 725 040 €
Net profit	768 746 €−34,7%	1 177 378 €−29,7%	1 674 219 €+96,4%	852 561 €−18,6%	1 047 316 €−31,1%	1 520 748 €−12,9%	1 746 834 €
Equity	27 756 748 €+1,1%	27 448 722 €+0,3%	27 371 344 €+4,5%	26 197 124 €+1,4%	25 844 564 €+2,5%	25 204 292 €+8,3%	23 276 068 €
Turnover	7 720 416 €+0,9%	7 652 972 €+2,9%	7 434 811 €−9,1%	8 176 164 €+25,3%	6 524 691 €+14,1%	5 717 007 €−7,1%	6 155 149 €
Profit margin	10,0%	15,4%	22,5%	10,4%	16,1%	26,6%	28,4%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	1,5	1,9
Quick ratio	1,5	1,9
Cash ratio	1,0	1,3
Efficiency
Days sales outstanding (dso)	93,5	89,6
Asset turnover	0,3	0,2
Structure
Debt ratio	0,2	0,1
Profitability
Operating margin	11,8%	16,1%
Net profit margin	10,4%	16,1%
Return on assets (roa)	2,8%	3,7%
Return on equity (roe)	3,3%	4,1%

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Licences & notices


Notice of economic activity	ELM000065	Sale of electricity	Valid	02.01.2019	-
Notice of economic activity	EEO000317	Owner’s supervision	Valid	28.03.2005	-
License	ELJ000004	Electricity	Valid	25.05.2004	-
Notice of economic activity	EH10096975-0001	Construction	Valid	17.11.2003	-
Notice of economic activity	EL10096975-0001	Electrical works	Valid	20.09.2002	-

Regulations


Ä 10006511 / 34	01.04.2025	Entry – Amendment entry	-	Entered into force01.04.2025
Ä 10006511 / 33	04.05.2021	Entry – Amendment entry	-	Entered into force04.05.2021
Ä 10006511 / 32	06.10.2020	Entry – Amendment entry	-	Entered into force06.10.2020
Ä 10006511 / 31	05.02.2020	Entry – Amendment entry	-	Entered into force05.02.2020
Ä 10006511 / 30	16.01.2018	Entry – Amendment entry	-	Entered into force16.01.2018

Real estate

		Purpose
Aaviku põik 11, Jüri alevik, Rae vald, Harju maakond	71 m²	Industrial land 100%
Arturi tee 3b, Rae küla, Rae vald, Harju maakond	122 m²	Industrial land 100%
Aruküla tee 57f, Jüri alevik, Rae vald, Harju maakond	1716 m²	Industrial land 100%
Ehituse tn 9, Jüri alevik, Rae vald, Harju maakond	7516 m²	Industrial land 100%
Helgi tee 11a, Peetri alevik, Rae vald, Harju maakond	926 m²	Industrial land 100%

Consumer Disputes Committee decisions


19-1/20-000788-025	Aase Sammelselg, Elnara Yusupov, Kristina Jerjomina	Against the consumer	21.07.2020	PDF
19-1/19-008647-012	Kai Amos, Martin Simmermann, Marko Udras	Against the consumer	02.04.2020	PDF

Court decisions


2-25-4856/15	Kohtu I astme menetlus	Court judgment	Law of obligations	Janek Väli	ECLI:EE:HMK:2026:2.25.4856.1202	08.01.2026	Open
2-23-3750/40	Kohtu I astme menetlus	Court rulingCompromise ruling	Law of obligations	Viktor Bome	ECLI:EE:HMK:2025:2.23.3750.9151	09.06.2025	Open
2-23-8747/14	Kohtu I astme menetlus	Court rulingCompromise ruling	Law of obligations	Liisi Vernik	ECLI:EE:HMK:2023:2.23.8747.20341	17.11.2023	Open
2-19-12802/29	Kohtu I astme menetlus	Court judgment	Law of obligations	Anna Liiv	ECLI:EE:HMK:2022:2.19.12802.3812	14.02.2022	Open
2-19-8311/41	Apellatsioonmenetlus	Court judgment	Law of obligations	Imbi Sidok-Toomsalu, Gea Lepik, Gaida Kivinurm	ECLI:EE:TLRK:2021:2.19.8311.27937	10.11.2021	Open

Official announcements


Notice of granting or refusal of an environmental permit	25.05.2026	PDF
Notice of disclosure of the draft environmental permit	08.05.2026	PDF
Notice of initiation of proceedings for an environmental permit	18.03.2026	PDF
Notice of auction of immovable property in enforcement proceedings	24.11.2025	PDF
Notice of auction of immovable property in enforcement proceedings	02.05.2025	PDF

Public transactions


08.09.2026	OÜ Rail Baltic Estonia	19 552,32 €Received	NON-CURRENT ASSETSRail transport
04.09.2026	OÜ Rail Baltic Estonia	682 €Received	NON-CURRENT ASSETSRail transport
26.08.2026	Rae Vallavalitsus	510,27 €Received	OPERATING EXPENSESBasic and general secondary education
26.08.2026	Rae Vallavalitsus	585,96 €Received	OPERATING EXPENSESPre-primary education
26.08.2026	Rae Vallavalitsus	152,86 €Received	OPERATING EXPENSESSport

Funded projects


Jüri aleviku soojatorustiku renoveerimine2021-2027.2.01.23-0263	(EK nr 2.1) Energiatõhususe edendamine ja kasvuhoonegaaside vähendamineERDF · Sihtasutus Keskkonnainvesteeringute Keskus	01.04.2024 – 31.12.20242021-2027	135 207 €support 16,5%	135 207 €	Completed
Jüri katlamaja suitsugaaside pesuri/elektrifiltri paigaldamine2014-2020.6.02.20-0494	Efektiivne soojusenergia tootmine ja ülekanneCF · Sihtasutus Keskkonnainvesteeringute Keskus	01.11.2020 – 15.12.20222014-2020	669 690 €support 45,6%	659 380 €	Completed
Rae valla Kopli küla Rahula maaüksuse vee- ja kanalisatsioonivõrgu rekonstrueerimine ja rajamine ning Jüri aleviku reoveepuhasti rekonstrueerimine2014-2020.7.01.19-2504	Veemajanduse taristu arendamineCF · Sihtasutus Keskkonnainvesteeringute Keskus	02.09.2019 – 31.05.20212014-2020	841 365,07 €support 56,7%	829 174,55 €	Completed
Vaida aleviku kaugkütte katlamaja renoveerimine2014-2020.6.02.18-0338	Efektiivne soojusenergia tootmine ja ülekanneCF · Sihtasutus Keskkonnainvesteeringute Keskus	01.10.2018 – 30.09.20202014-2020	594 772,50 €support 36,3%	566 450 €	Completed
AS Elveso Jüri aleviku kaugkütte katlamaja renoveerimine2014-2020.6.02.17-0282	Efektiivne soojusenergia tootmine ja ülekanneCF · Sihtasutus Keskkonnainvesteeringute Keskus	01.10.2017 – 30.09.20192014-2020	1 841 200 €support 50,0%	1 841 200 €	Completed

State aid


11.03.2024	SA Keskkonnainvesteeringute KeskusAid measure 231604	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Energiatõhusa kaugkütte ja/või -jahutuse jaoks antav investeeringuteks ettenähtud abi (artikkel 46 alates 01.07.23)Grant	22 350 €	231604/2400060
16.12.2020	SA Keskkonnainvesteeringute KeskusAid measure 16545	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Energiatõhusale kaugküttele ja -jahutusele antav investeeringuteks ettenähtud abi (artikkel 46)Grant	305 700 €	16545/2000211
21.10.2019	SA Keskkonnainvesteeringute KeskusAid measure 16552	Üldist majandushuvi pakkuvad teenused › Üldist majandushuvi pakkuvate teenuste osutamise eest antav VTAGrant	477 233,25 €	16552/1900009
06.06.2018	SA Keskkonnainvesteeringute KeskusAid measure 16545	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Energiatõhusale kaugküttele ja -jahutusele antav investeeringuteks ettenähtud abi (artikkel 46)Grant	216 000 €	16545/1800114
14.07.2017	SA Keskkonnainvesteeringute KeskusAid measure 16545	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Energiatõhusale kaugküttele ja -jahutusele antav investeeringuteks ettenähtud abi (artikkel 46)Grant	1 367 374,46 €	16545/1700044

Public procurement contracts


06.10.2026End 02.06.2027	Reference number 314583	-Contractor	-	Concluded
10.09.2026End 01.10.2027	Reference number 314083 · Ostu-müügileping	OÜ SLG EnergyContractor	26,50 €	Concluded
01.07.2026End 25.06.2027	Reference number 308456	-Contractor	-	Concluded
29.06.2026End 26.05.2027	Reference number 309879 · Töövõtuleping Sepaniidu DP ala ÜVK tööd 1-8.369	-Contractor	-	Concluded
14.01.2026End 13.01.2027	Reference number 302882 · Lepingutingimused, Koolipõllu, Helge, Möldri, Turu tee ÜVK, 1.8.355	-Contractor	-	Concluded

.ee domains


elveso.ee	Active	04.07.2010	03.11.2031

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.