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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)

Former business names:

aktsiaselts Harju Elekter Elektrotehnika

Capital:

800 000 EUR

Address:

Paldiski mnt 31/17, Keila linn, Harju maakond, 76606

Status:

Registered

Contacts

Email:

info.ee@harjuelekter.com

Phone:

+372 6747449

Website:

www.harjuelekter.com

Industries

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

VAT liability

	Start	End
EE100958515	01.04.2005

Annual reports

Aggregate data

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

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 05.06.2026.

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Credit rating

Hidden

Credit rating is based on company financial data and payment behavior. detailed analysis available to regia+ users.

020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	1 312 226 €	1 230 660 €	16 298 755 €22.9%	320
Kokku 2026:	1 312 226 €	1 230 660 €	16 298 755 €
2025 Q4	1 621 032 €	1 258 667 €	21 144 121 €7.1%	296
2025 Q3	1 654 259 €	1 372 595 €	19 747 790 €14.2%	290
2025 Q2	1 177 437 €	1 253 029 €	23 027 404 €75.9%	281
2025 Q1	956 005 €	1 016 096 €	13 091 132 €4.5%	271
Kokku 2025:	5 408 733 €	4 900 387 €	77 010 447 €32.6%
2024 Q4	1 255 990 €	1 061 096 €	12 530 975 €14.6%	265
2024 Q3	1 410 125 €	1 240 072 €	14 674 729 €23.7%	275
2024 Q2	1 453 281 €	1 315 902 €	19 230 454 €65.2%	282
2024 Q1	986 598 €	1 032 033 €	11 644 074 €27.4%	314
Kokku 2024:	5 105 994 €	4 649 103 €	58 080 232 €15.3%
2023 Q4	1 008 865 €	1 070 180 €	16 042 086 €17.5%	302
2023 Q3	1 194 345 €	1 261 652 €	19 451 874 €0.5%	307
2023 Q2	961 116 €	1 022 912 €	19 361 830 €41.5%	332
2023 Q1	706 228 €	678 373 €	13 687 917 €13.8%	318
Kokku 2023:	3 870 554 €	4 033 117 €	68 543 707 €9.9%
2022 Q4	745 758 €	758 431 €	15 871 064 €7.8%	223
2022 Q3	781 263 €	833 998 €	17 207 929 €7.2%	226
2022 Q2	870 578 €	880 588 €	18 551 457 €72.7%	246
2022 Q1	698 390 €	745 399 €	10 742 324 €25.1%	247
Kokku 2022:	3 095 988 €	3 218 416 €	62 372 774 €12.4%
2021 Q4	718 210 €	767 400 €	14 337 316 €16.1%	238
2021 Q3	731 269 €	782 331 €	17 083 532 €14.4%	236
2021 Q2	729 411 €	784 984 €	14 939 530 €64.0%	264
2021 Q1	663 750 €	591 331 €	9 110 655 €22.4%	232
Kokku 2021:	2 842 640 €	2 926 046 €	55 471 032 €10.3%
2020 Q4	607 570 €	649 642 €	11 737 059 €22.8%	213
2020 Q3	613 630 €	657 119 €	15 198 629 €11.7%	215
2020 Q2	499 341 €	538 347 €	13 606 722 €39.7%	249
2020 Q1	530 458 €	558 190 €	9 736 993 €0.4%	207
Kokku 2020:	2 250 999 €	2 403 298 €	50 279 403 €7.6%
2019 Q4	525 647 €	563 296 €	9 780 364 €21.5%	201
2019 Q3	609 941 €	651 918 €	12 459 151 €16.6%	269
2019 Q2	725 716 €	686 913 €	14 930 239 €55.9%	260
2019 Q1	609 071 €	651 197 €	9 577 398 €13.0%	240
Kokku 2019:	2 470 375 €	2 553 324 €	46 747 152 €17.1%
2018 Q4	580 068 €	622 529 €	11 006 656 €32.8%	242
2018 Q3	652 914 €	700 449 €	16 379 576 €0.9%	248
2018 Q2	800 363 €	728 251 €	16 523 206 €32.1%	271
2018 Q1	522 692 €	553 872 €	12 504 032 €16.5%	244
Kokku 2018:	2 556 037 €	2 605 101 €	56 413 470 €10.7%
2017 Q4	548 889 €	582 144 €	14 981 429 €0.4%	229
2017 Q3	557 901 €	601 198 €	15 046 757 €18.2%	238
2017 Q2	467 425 €	503 213 €	12 724 541 €55.0%	241
2017 Q1	379 006 €	393 897 €	8 210 720 €75.7%	208
Kokku 2017:	1 953 221 €	2 080 452 €	50 963 447 €182.3%
2016 Q4	360 142 €	354 899 €	4 672 425 €2.9%	155
2016 Q3	388 497 €	344 934 €	4 541 230 €3.9%	155
2016 Q2	346 182 €	358 953 €	4 725 800 €14.8%	155
2016 Q1	291 289 €	312 677 €	4 116 546 €4.7%	155
Kokku 2016:	1 386 110 €	1 371 463 €	18 056 001 €2.0%
2015 Q4	415 965 €	388 881 €	4 319 073 €12.6%	1
2015 Q3	478 257 €	445 134 €	4 943 842 €0.7%	1
2015 Q2	412 380 €	442 104 €	4 910 193 €15.3%	1
2015 Q1	375 845 €	383 372 €	4 257 892 €	1
Kokku 2015:	1 682 447 €	1 659 491 €	18 431 000 €

Revenue by industry

	2022	2023	2024
Manufacture of distribution and control apparatus	45 260 764 €	47 088 000 €	43 954 736 €
Wholesale of electrical materials, supplies and equipment, incl. cables			1 627 817 €
Machining			307 008 €
Wholesale of electrical materials, supplies and equipment, including cables	2 522 777 €	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 05.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Alvar Sass	38505XXXXXX	31.05.1985 (41)	Board member	03.10.2022	-

3 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
AS Harju Elekter Group	-	14.05.1996 (30)	Shareholder	800 000,00 EUR	100	Sole ownership	16.08.2023	-

6 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Tiit Atso	38212XXXXXX	11.12.1982 (43)	Chairman of the supervisory board	06.05.2025	-
Aron Kuhi-Thalfeldt	38109XXXXXX	05.09.1981 (44)	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 (41)	Supervisory-board member	01.12.2022	-
Tiit Luman	38612XXXXXX	10.12.1986 (39)	Supervisory-board member	01.12.2022	-

18 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 9 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Tiit Atso	38212XXXXXX	11.12.1982 (43)	Member of higher governing body (board or supervisory board)	29.10.2018	-

12 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q1

Turnover

Amount

16 298 755 €

Monthly average

5 432 918 €

Per employee

16 978 €

Equity ratio

679,11%

Labour taxes

Turnover ratio

7,55%

Tax ratio

93,78%

Monthly average

410 220 €

Per employee

1 332 €

State taxes

Monthly average

437 409 €

Turnover ratio

8,05%

Estimated salary

Gross salary

2 484 €

Net salary

1 992 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	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	4 729 000 €7.6%	5 117 000 €325.0%	1 204 000 €5.3%	1 271 000 €9.5%	1 161 000 €13.2%	1 338 000 €
Total assets	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	14 857 000 €16.6%	17 809 000 €79.6%	9 914 000 €12.9%	8 785 000 €101.8%	4 353 000 €13.6%	5 040 000 €
Long-term liabilities	571 000 €34.1%	867 000 €	-	-	-	-
Total liabilities	15 428 000 €17.4%	18 676 000 €88.4%	9 914 000 €12.9%	8 785 000 €101.8%	4 353 000 €13.6%	5 040 000 €
Share or stock capital	800 000 €	800 000 €	800 000 €	800 000 €	800 000 €	800 000 €
Retained earnings	9 344 000 €56.7%	5 962 000 €5.4%	5 655 000 €7.3%	5 271 000 €31.9%	3 995 000 €9.5%	4 414 000 €
Net profit	2 785 000 €17.7%	3 382 000 €2 113.1%	-168 000 €127.7%	607 000 €52.4%	1 276 000 €404.5%	-419 000 €
Equity	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	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	6.07%1.6%	6.16%1 853.4%	-0.35%124.5%	1.43%56.6%	3.31%368.5%	-1.23%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	-	-	-	-	-
Liquidity
Current ratio	Y.I	F.Y	R.N	1.6	2.1
Quick ratio	O.O	W.R	T.B	0.8	1.2
Cash ratio	D.O	P.X	M.Z	0.0	0.0
Efficiency
Days sales outstanding (dso)	NBQ.L	BQ.J	FA.P	54.8	45.3
Asset turnover	H.Y	I.B	I.H	3.3	3.8
Structure
Debt ratio	W.X	V.B	X.D	0.6	0.4
Profitability
Operating margin	K.A%	J.V%	-A.J%	1.5%	3.4%
Net profit margin	Y.X%	M.Z%	-N.G%	1.4%	3.3%
Return on assets (roa)	A.K%	BP.T%	-H.A%	4.7%	12.6%
Return on equity (roe)	GT.X%	PQ.P%	-J.Y%	9.1%	21.0%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Regulation no.	Date	Type	Status
Ä 10087296 / 17	16.03.2026	Entry - Second, constitutive merger entry (on acquiring entity’s registry card)	Entered into force (16.03.2026)
Ä 10087296 / 16	21.05.2024	Entry - Amendment entry	Entered into force (21.05.2024)
Ä 10087296 / 15	15.03.2024	Entry - Amendment entry	Entered into force (15.03.2024)
Ä 10087296 / 14	23.05.2023	Entry - Amendment entry	Entered into force (23.05.2023)
Ä 10087296 / 13	13.03.2023	Entry - Second, constitutive merger entry (on acquiring entity’s registry card)	Entered into force (13.03.2023)

1 - 5 / 22 rows

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

Official announcements

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

1 - 5 / 7 rows

Public transactions

Date	Party	Amount	Classification
09.01.2026	Majandus- ja Kommunikatsiooniministeerium	61 479.30 € Received	OTHER GRANTS General economic and trade policy
05.08.2025	Majandus- ja Kommunikatsiooniministeerium	101 314.01 € Received	OTHER GRANTS General economic and trade policy
22.01.2025	Majandus- ja Kommunikatsiooniministeerium	5 770.00 € Received	OTHER GRANTS General economic and trade policy
06.03.2024	Eesti Töötukassa	1 697.52 € Received	OTHER GRANTS Social protection of the unemployed
13.10.2023	Majandus- ja Kommunikatsiooniministeerium	10 000.00 € Received	OTHER GRANTS General economic and trade policy

1 - 5 / 14 rows

.ee domains

Domain	Status	Registered	Expires	End
elektrotehnika.ee	Active	04.07.2010	11.12.2029	-

1 - 1 / 1 rows

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