AS Harju Elekter

Legal form:: Public limited company
Registry code:: 11119230
VAT no.:: EE100958515
Fiscal-year period:: 01.01 - 31.12
Established:: 24.03.2005 (21 y)
Former business names:: aktsiaselts Harju Elekter Elektrotehnika
Capital:: 800 000 EUR
Address:: Keki tn 6/17, Keila linn, Harju maakond, 76606
Status:: Registered
E-invoice reception:: Telema

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Contacts

Phone:: +372 6747449
Email:: info.ee@harjuelekter.com
Website:: https://www.harjuelekter.com/

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Industries

MANUFACTURING
Manufacture of electrical equipment
Manufacture of electric motors, generators, transformers and distribution and control apparatus
27121 – Manufacture of distribution and control apparatus

Industry TOPNo. 1 of 25 companies

1.AS Harju Elekter75.6M €
2.Interconnect Product Assembly AS38.1M €
3.Eltech Solutions OÜ30.8M €
4.ESB-LVS OÜ28.7M €
5.Shore Link OÜ18.1M €
6.SCALEUP OÜ14.6M €
7.Milectria Karu OÜ7.1M €
8.AS ELRATO6.5M €
9.aktsiaselts Raasiku Elekter1.8M €
10.AKTSIASELTS MARTEM1.3M €

Main activity 27121 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE100958515	01.04.2005	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	11.05.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	02.05.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	21.05.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	13.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	06.05.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	12.04.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	31.03.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	29.03.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	18.04.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	15.05.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	05.04.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	31.03.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	14.04.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	09.04.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	10.04.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	18.04.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	20.04.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	27.04.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	15.04.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	18.06.2007	Valid	PDF
2005	01.04.2005 – 31.12.2005	27.06.2006	Valid	PDF

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No unsubmitted declarations as of 22.10.2026.

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Tax debt Reports Declarations Court decisions2 Official announcements7 TTJA decisions–Real estate–.ee domains1 Licenses–Regulations23 Public transactions15 Grants11 State aid16 Public procurement66 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	1,42 M €	1,51 M €	19,8 M €+7,6%	321
2026 Q2	1,39 M €	1,50 M €	18,4 M €+12,9%	330
2026 Q1	1,31 M €	1,23 M €	16,3 M €−22,9%	320
Total 2026:	4,12 M €	4,24 M €	54,5 M €
2025 Q4	1,62 M €	1,26 M €	21,1 M €+7,1%	296
2025 Q3	1,65 M €	1,37 M €	19,7 M €−14,2%	290
2025 Q2	1,18 M €	1,25 M €	23,0 M €+75,9%	281
2025 Q1	956 005 €	1,02 M €	13,1 M €+4,5%	271
Total 2025:	5,41 M €	4,90 M €	77,0 M €
2024 Q4	1,26 M €	1,06 M €	12,5 M €−14,6%	265
2024 Q3	1,41 M €	1,24 M €	14,7 M €−23,7%	275
2024 Q2	1,45 M €	1,32 M €	19,2 M €+65,2%	282
2024 Q1	986 598 €	1,03 M €	11,6 M €−27,4%	314
Total 2024:	5,11 M €	4,65 M €	58,1 M €
2023 Q4	1,01 M €	1,07 M €	16,0 M €−17,5%	302
2023 Q3	1,19 M €	1,26 M €	19,5 M €+0,5%	306
2023 Q2	961 116 €	1,02 M €	19,4 M €+41,5%	331
2023 Q1	706 228 €	678 373 €	13,7 M €−13,8%	318
Total 2023:	3,87 M €	4,03 M €	68,5 M €
2022 Q4	745 758 €	758 431 €	15,9 M €−7,8%	305
2022 Q3	781 263 €	833 998 €	17,2 M €−7,2%	307
2022 Q2	870 578 €	880 588 €	18,6 M €+72,7%	322
2022 Q1	698 390 €	745 399 €	10,7 M €−25,1%	317
Total 2022:	3,10 M €	3,22 M €	62,4 M €
2021 Q4	718 210,38 €	767 399,89 €	14,3 M €−16,1%	238
2021 Q3	731 269,29 €	782 331,07 €	17,1 M €+14,4%	236
2021 Q2	729 410,70 €	784 984,28 €	14,9 M €+64,0%	264
2021 Q1	663 749,58 €	591 331,11 €	9,11 M €−22,4%	232
Total 2021:	2,84 M €	2,93 M €	55,5 M €
2020 Q4	607 569,99 €	649 642,14 €	11,7 M €−22,8%	213
2020 Q3	613 630,07 €	657 119,30 €	15,2 M €+11,7%	215
2020 Q2	499 340,54 €	538 346,82 €	13,6 M €+39,7%	249
2020 Q1	530 458 €	558 190 €	9,74 M €−0,4%	207
Total 2020:	2,25 M €	2,40 M €	50,3 M €
2019 Q4	525 647 €	563 296 €	9,78 M €−21,5%	201
2019 Q3	609 941 €	651 918 €	12,5 M €−16,6%	269
2019 Q2	725 716 €	686 913 €	14,9 M €+55,9%	260
2019 Q1	609 071 €	651 197 €	9,58 M €−13,0%	240
Total 2019:	2,47 M €	2,55 M €	46,7 M €
2018 Q4	580 068 €	622 529 €	11,0 M €−32,8%	242
2018 Q3	652 914 €	700 449 €	16,4 M €−0,9%	248
2018 Q2	800 363 €	728 251 €	16,5 M €+32,1%	271
2018 Q1	522 692 €	553 872 €	12,5 M €−16,5%	244
Total 2018:	2,56 M €	2,61 M €	56,4 M €
2017 Q4	548 889 €	582 144 €	15,0 M €−0,4%	229
2017 Q3	557 901 €	601 198 €	15,0 M €+18,2%	238
2017 Q2	467 425 €	503 213 €	12,7 M €+55,0%	241
2017 Q1	379 006 €	393 897 €	8,21 M €+75,7%	208
Total 2017:	1,95 M €	2,08 M €	51,0 M €
2016 Q4	360 142 €	354 899 €	4,67 M €+2,9%	155
2016 Q3	388 497 €	344 934 €	4,54 M €−3,9%	155
2016 Q2	346 182 €	358 953 €	4,73 M €+14,8%	155
2016 Q1	291 289 €	312 677 €	4,12 M €−4,7%	155
Total 2016:	1,39 M €	1,37 M €	18,1 M €
2015 Q4	415 965 €	388 881 €	4,32 M €−12,6%	1
2015 Q3	478 257 €	445 134 €	4,94 M €+0,7%	1
2015 Q2	412 380 €	442 104 €	4,91 M €+15,3%	1
2015 Q1	375 845 €	383 372 €	4,26 M €	1
Total 2015:	1,68 M €	1,66 M €	18,4 M €

Revenue by industry

	2023	2024	2025
Manufacture of distribution and control apparatus	47 088 000 €	43 954 736 €	62 935 000 €
Wholesale of electrical materials, supplies and equipment, incl. cables		1 627 817 €
Machining		307 008 €
Wholesale of electrical materials, supplies and equipment, including cables	4 431 000 €
Manufacture of other fabricated metal products n.e.c.	3 342 000 €

Tax debts

No tax debt found

No tax debt as of 22.10.2026

Representatives

	Personal ID code
Alvar Sass	38505XXXXXX	31.05.1985 (41)	Board member	03.10.2022	-

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Shareholders

	Personal ID code
AS Harju Elekter Group	10029524	14.05.1996 (30)	Shareholder	800 000 EUR	100,00%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Tiit Atso	38212XXXXXX	11.12.1982 (43)	Chairman of the supervisory board	06.05.2025	-
Aron Kuhi-Thalfeldt	38109XXXXXX	05.09.1981 (45)	Supervisory-board member	01.12.2022	-
Erko Lepa	38105XXXXXX	12.05.1981 (45)	Supervisory-board member	01.12.2022	-
Priit Treial	38409XXXXXX	06.09.1984 (42)	Supervisory-board member	01.12.2022	-
Tiit Luman	38612XXXXXX	10.12.1986 (39)	Supervisory-board member	01.12.2022	-

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Ultimate beneficial owners

	Personal ID code
Tiit Atso	38212XXXXXX	11.12.1982 (43)	Member of higher governing body (board or supervisory board)	29.10.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 19 797 227 €
Monthly average: 6 599 076 €
Per employee: 20 558 €
Equity ratio: 824,88%

Labour taxes

Turnover ratio: 7,65%
Tax ratio: 106,67%
Monthly average: 504 720 €
Per employee: 1 551 €

State taxes

Monthly average: 473 167 €
Turnover ratio: 7,17%

Estimated salary

Gross salary: 2 837 €
Net salary: 2 287 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	27 451 000 €+16,2%	23 628 000 €−0,3%	23 703 000 €+58,1%	14 997 000 €+5,7%	14 192 000 €+53,2%	9 263 000 €+9,0%	8 497 000 €
Non-current assets	5 120 000 €+8,3%	4 729 000 €−7,6%	5 117 000 €+325%	1 204 000 €−5,3%	1 271 000 €+9,5%	1 161 000 €−13,2%	1 338 000 €
Total assets	32 571 000 €+14,9%	28 357 000 €−1,6%	28 820 000 €+77,9%	16 201 000 €+4,8%	15 463 000 €+48,3%	10 424 000 €+6,0%	9 835 000 €
Short-term liabilities	9 476 000 €−36,2%	14 857 000 €−16,6%	17 809 000 €+79,6%	9 914 000 €+12,9%	8 785 000 €+102%	4 353 000 €−13,6%	5 040 000 €
Long-term liabilities	322 000 €−43,6%	571 000 €−34,1%	867 000 €	-	-	-	-
Total liabilities	9 798 000 €−36,5%	15 428 000 €−17,4%	18 676 000 €+88,4%	9 914 000 €+12,9%	8 785 000 €+102%	4 353 000 €−13,6%	5 040 000 €
Share or stock capital	800 000 €	800 000 €	800 000 €	800 000 €	800 000 €	800 000 €	800 000 €
Retained earnings	10 466 000 €+36,3%	7 681 000 €+78,7%	4 299 000 €−22,4%	5 543 000 €+7,4%	5 159 000 €+32,9%	3 883 000 €−9,7%	4 302 000 €
Net profit	9 844 000 €+253%	2 785 000 €−17,7%	3 382 000 €+2 113%	-168 000 €−128%	607 000 €−52,4%	1 276 000 €+405%	-419 000 €
Equity	22 773 000 €+76,1%	12 929 000 €+27,5%	10 144 000 €+61,3%	6 287 000 €−5,9%	6 678 000 €+10,0%	6 071 000 €+26,6%	4 795 000 €
Turnover	64 993 000 €+41,6%	45 890 000 €−16,4%	54 861 000 €+14,8%	47 784 000 €+12,9%	42 329 000 €+9,7%	38 575 000 €+13,4%	34 008 000 €
Profit margin	15,1%	6,1%	6,2%	-0,4%	1,4%	3,3%	-1,2%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	1,5	1,6
Quick ratio	0,9	0,8
Cash ratio	0,0	0,0
Efficiency
Days sales outstanding (dso)	60,5	54,8
Asset turnover	3,0	3,3
Structure
Debt ratio	0,6	0,6
Profitability
Operating margin	-0,1%	1,5%
Net profit margin	-0,4%	1,4%
Return on assets (roa)	-1,1%	4,7%
Return on equity (roe)	-2,7%	9,1%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10087296 / 18	03.06.2026	Entry – Amendment entry under NSPA § 595¹ (1)	-	Entered into force03.06.2026
Ä 10087296 / 17	16.03.2026	Entry – Second, constitutive merger entry (on acquiring entity’s registry card)	-	Entered into force16.03.2026
Ä 10087296 / 16	21.05.2024	Entry – Amendment entry	-	Entered into force21.05.2024
Ä 10087296 / 15	15.03.2024	Entry – Amendment entry	-	Entered into force15.03.2024
Ä 10087296 / 14	23.05.2023	Entry – Amendment entry	-	Entered into force23.05.2023

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-25-8343/28	Apellatsioonmenetlus	Court ruling	Labour law	Indrek Soots, Iris Kangur-Gontšarov, Geidi Sile	ECLI:EE:TLRK:2026:2.25.8343.12864	14.08.2026	Open
2-25-8343/18	Kohtu I astme menetlus	Court judgment	Labour law	Liina Naaber-Kivisoo	ECLI:EE:HMK:2026:2.25.8343.12940	01.07.2026	Open

Official announcements


Notice of company merger	17.03.2026	PDF
Notice of conclusion of a public limited company merger agreement	03.10.2025	PDF
Notice of company merger	14.03.2023	PDF
Notice of conclusion of a public limited company merger agreement	30.09.2022	PDF
Notice of conclusion of a public limited company merger agreement	30.09.2022	PDF

Public transactions


04.06.2026	Majandus- ja Kommunikatsiooniministeerium	29 449 €Received	OTHER GRANTSGeneral economic and trade policy
09.01.2026	Majandus- ja Kommunikatsiooniministeerium	61 479,30 €Received	OTHER GRANTSGeneral economic and trade policy
05.08.2025	Majandus- ja Kommunikatsiooniministeerium	101 314,01 €Received	OTHER GRANTSGeneral economic and trade policy
22.01.2025	Majandus- ja Kommunikatsiooniministeerium	5 770 €Received	OTHER GRANTSGeneral economic and trade policy
06.03.2024	Eesti Töötukassa	1 697,52 €Received	OTHER GRANTSSocial protection of the unemployed

Funded projects


Harju Elekter AS rohetoetus20.2.01.24-0091	Rohepöörde kiirendamineRRF · Ettevõtluse ja Innovatsiooni Sihtasutus	03.06.2024 – 30.04.20262020-2026	396 314,60 €support 50,0%	396 024,61 €	Completed
Rohelise teekaardi läbiviimine ettevõttes AS Harju Elekter Elektrotehnika20.2.01.23-0022	Rohepöörde kiirendamineRRF · Ettevõtluse ja Innovatsiooni Sihtasutus	01.04.2023 – 30.09.20232020-2026	23 200 €support 43,1%	23 200 €	Completed
Eksport Rootsi turule3.1.2501.12-0315	Ekspordi arendamise toetusERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	01.09.2012 – 30.08.20142007-2013	98 900 €	61 811,46 €	Completed
Edu võti - ettevõtte töötajate pidev arendamine1.4.0501.11-3924	Teadmiste ja oskuste arendamise toetusESF · Ettevõtluse ja Innovatsiooni Sihtasutus	21.04.2011 – 31.12.20112007-2013	9 196 €	8 676 €	Completed
Ettevõtte konkurentsivõime tagamine läbi töötajate arendamise1.4.0501.10-3607	Teadmiste ja oskuste arendamise toetusESF · Ettevõtluse ja Innovatsiooni Sihtasutus	03.12.2010 – 31.10.20112007-2013	7 752,10 €	7 064,88 €	Completed

State aid


23.09.2026	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 262119	Muu › MuuGrant	5 000 €	262119/2600001
12.07.2024	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 221443	Muu › MuuGrant	192 242,31 €	221443/2400014
05.03.2024	Eesti TöötukassaAid measure 231580	Palgatoetus VTA › Palgatoetus VTAGrant	1 697,52 €	231580/2400867
28.03.2023	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 221443	Muu › MuuGrant	10 000 €	221443/2300003
28.03.2023	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 231462	Muu › MuuGrant	2 198 €	231462/2300003

Public procurement contracts


21.10.2026End 28.02.2027	Reference number 316096 · Müügileping	Elektrilevi OÜContracting authority	53 850 €	Concluded
04.08.2026End 04.02.2027	Reference number 313058 · Müügileping	Elektrilevi OÜContracting authority	134 700 €	Concluded
11.05.2026End 11.11.2026	Reference number 309233 · Müügileping	Elektrilevi OÜContracting authority	208 300 €	Concluded
23.01.2026End 23.07.2026	Reference number 303645 · Müügileping	Elektrilevi OÜContracting authority	177 800 €	Completed
24.04.2024End 23.08.2024	Reference number 278376 · Töövõtuleping	Elektrilevi OÜContracting authority	37 400 €	Completed

.ee domains


elektrotehnika.ee	Active	04.07.2010	11.12.2029

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.