ITM Electric OÜ

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 11284762
VAT no.VAT no.:: EE101079370
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 01.09.2006 (20 y)
CapitalCapital:: 2 556 EUR
AddressAddress:: Kuuse tee 2, Vaela küla, Kiili vald, Harju maakond, 75413
StatusStatus:: Registered

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Contacts

PhonePhone:: +372 5022507
EmailEmail:: itm@itmelectric.ee

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Industries

CONSTRUCTION
Specialised construction activities
Electrical installation and plumbing and other construction installation works
Electrical installation
43211 – Electrical installation works

VAT liability

VAT no.	Start	End
EE101079370	14.09.2006	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	18.05.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	01.04.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	15.08.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	04.07.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	03.07.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	27.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	31.10.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	02.07.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	08.07.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	29.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	08.01.2017	Valid	PDF
2014	01.01.2014 – 31.12.2014	10.07.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	03.07.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	30.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	29.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	30.06.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	01.07.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	01.07.2009	Valid	PDF
2007	19.07.2006 – 31.12.2007	05.12.2008	Valid	PDF

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No unsubmitted declarations as of 30.09.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains1 Licenses1 Regulations9 Public transactions1 Grants–State aid–Public procurement1 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	32 023 €	4 019 €	165 340 €+1,4%	3
2026 Q1	22 556 €	4 671 €	162 999 €−26,3%	3
Total 2026:	54 579 €	8 690 €	328 339 €
2025 Q4	38 658 €	4 564 €	221 213 €+16,9%	3
2025 Q3	37 502 €	4 460 €	189 175 €+162%	3
2025 Q2	21 937 €	4 544 €	72 211 €−38,1%	3
2025 Q1	27 510 €	5 229 €	116 619 €−58,5%	3
Total 2025:	125 607 €	18 797 €	599 218 €
2024 Q4	53 297 €	7 867 €	280 745 €+262%	3
2024 Q3	20 906 €	13 673 €	77 476 €−71,4%	2
2024 Q2	35 061 €	14 529 €	271 178 €+37,7%	2
2024 Q1	43 305 €	10 776 €	196 902 €−15,2%	2
Total 2024:	152 569 €	46 845 €	826 301 €
2023 Q4	30 303 €	9 562 €	232 213 €+91,4%	2
2023 Q3	19 216 €	10 615 €	121 302 €−71,5%	2
2023 Q2	60 451 €	7 027 €	426 156 €+18,1%	3
2023 Q1	41 865 €	9 855 €	360 870 €−49,2%	2
Total 2023:	151 835 €	37 059 €	1,14 M €
2022 Q4	76 555 €	6 735 €	709 888 €+386%	3
2022 Q3	24 237 €	8 937 €	146 080 €+49,8%	3
2022 Q2	13 446 €	6 945 €	97 519 €−53,6%	3
2022 Q1	28 838 €	6 449 €	210 120 €+6,9%	3
Total 2022:	143 076 €	29 066 €	1,16 M €
2021 Q4	23 086,29 €	6 502,08 €	196 557,60 €+216%	3
2021 Q3	19 847,45 €	7 747,31 €	62 189 €−39,8%	4
2021 Q2	18 902,64 €	6 664,51 €	103 269,77 €−18,0%	3
2021 Q1	11 221,61 €	5 655,78 €	125 916,67 €−28,5%	3
Total 2021:	73 057,99 €	26 569,68 €	487 933,04 €
2020 Q4	13 237,66 €	5 016,20 €	176 015,50 €+115%	3
2020 Q3	16 669,11 €	6 317,65 €	81 705,87 €+2,5%	3
2020 Q2	11 673,65 €	6 986,62 €	79 675 €−52,6%	3
2020 Q1	31 376 €	8 355 €	168 092 €+25,5%	4
Total 2020:	72 956,42 €	26 675,47 €	505 488,37 €
2019 Q4	19 176 €	4 633 €	133 966 €+18,3%	3
2019 Q3	22 348 €	6 361 €	113 254 €+16,4%	4
2019 Q2	18 385 €	6 829 €	97 312 €−20,8%	4
2019 Q1	17 647 €	5 568 €	122 892 €−44,4%	4
Total 2019:	77 556 €	23 391 €	467 424 €
2018 Q4	48 015 €	5 352 €	220 936 €+70,2%	4
2018 Q3	17 404 €	6 445 €	129 777 €−31,1%	4
2018 Q2	19 878 €	4 556 €	188 385 €+9,4%	3
2018 Q1	16 691 €	5 161 €	172 195 €+81,3%	3
Total 2018:	101 988 €	21 514 €	711 293 €
2017 Q4	17 636 €	4 531 €	94 962 €−20,8%	2
2017 Q3	17 547 €	4 251 €	119 880 €+5,5%	2
2017 Q2	18 493 €	4 041 €	113 643 €−39,1%	2
2017 Q1	10 093 €	5 577 €	186 496 €+93,1%	2
Total 2017:	63 769 €	18 400 €	514 981 €
2016 Q4	16 410 €	3 851 €	96 581 €−44,8%	2
2016 Q3	22 926 €	6 975 €	174 908 €+37,2%	2
2016 Q2	10 733 €	5 083 €	127 459 €−17,7%	2
2016 Q1	16 004 €	6 173 €	154 800 €	2
Total 2016:	66 073 €	22 082 €	553 748 €
2015 Q4	15 890 €	9 439 €	0 €	1
2015 Q3	26 786 €	8 865 €	0 €	1
2015 Q2	14 160 €	8 587 €	0 €	1
2015 Q1	19 898 €	9 645 €	0 €	1
Total 2015:	76 734 €	36 536 €	0 €

Revenue by industry

	2023	2024	2025
Electrical installation works		750 340 €	546 168 €
Installation of electrical wiring and equipment	968 829 €

Tax debts

No tax debt found

No tax debt as of 30.09.2026

Representatives

	Personal ID code
Inga Michelis	47505XXXXXX	17.05.1975 (51)	Board member	01.09.2006	-
Taavi Michelis	37309XXXXXX	20.09.1973 (53)	Board member	01.09.2006	-

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Shareholders

	Personal ID code
Taavi Michelis	37309XXXXXX	20.09.1973 (53)	Shareholder	2 556 EUR	100,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Taavi Michelis	37309XXXXXX	20.09.1973 (53)	Founder	01.09.2006	-

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Ultimate beneficial owners

	Personal ID code
Taavi Michelis	37309XXXXXX	20.09.1973 (53)	Direct holding	12.09.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 165 340 €
Monthly average: 55 113 €
Per employee: 18 371 €
Equity ratio: 2 156,23%

Labour taxes

Turnover ratio: 2,43%
Tax ratio: 12,55%
Monthly average: 1 340 €
Per employee: 447 €

State taxes

Monthly average: 10 674 €
Turnover ratio: 19,37%

Estimated salary

Gross salary: 953 €
Net salary: 871 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	805 123 €−2,7%	827 803 €+12,7%	734 686 €+23,8%	593 684 €+69,1%	351 153 €+23,5%	284 332 €+22,5%	232 047 €
Non-current assets	69 465 €−12,5%	79 399 €−11,1%	89 332 €+17,9%	75 800 €+11,0%	68 269 €−12,3%	77 832 €+20,9%	64 382 €
Total assets	874 588 €−3,6%	907 202 €+10,1%	824 018 €+23,1%	669 484 €+59,6%	419 422 €+15,8%	362 164 €+22,2%	296 429 €
Short-term liabilities	69 805 €+5,2%	66 340 €+22,6%	54 106 €−65,2%	155 459 €+63,4%	95 154 €+13,9%	83 549 €−11,6%	94 520 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	69 805 €+5,2%	66 340 €+22,6%	54 106 €−65,2%	155 459 €+63,4%	95 154 €+13,9%	83 549 €−11,6%	94 520 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	702 543 €+13,1%	621 200 €+38,1%	449 838 €+103%	221 456 €+22,8%	180 286 €+51,4%	119 097 €−18,4%	145 939 €
Net profit	99 428 €−54,1%	216 850 €−31,6%	317 262 €+9,5%	289 757 €+105%	141 170 €−9,9%	156 706 €+195%	53 158 €
Equity	804 783 €−4,3%	840 862 €+9,2%	769 912 €+49,8%	514 025 €+58,5%	324 268 €+16,4%	278 615 €+38,0%	201 909 €
Turnover	546 168 €−27,2%	750 340 €−22,6%	968 829 €−6,1%	1 031 418 €+103%	507 092 €+0,5%	504 764 €+8,8%	464 059 €
Profit margin	18,2%	28,9%	32,7%	28,1%	27,8%	31,0%	11,5%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	294 977 €	150 712 €
Liquidity
Current ratio	3,8	3,7
Quick ratio	3,8	3,7
Cash ratio	2,2	2,4
Efficiency
Days sales outstanding (dso)	66,6	78,5
Asset turnover	1,9	1,3
Structure
Debt ratio	0,2	0,2
Profitability
Operating margin	28,1%	27,8%
Net profit margin	28,1%	27,8%
Return on assets (roa)	53,2%	36,1%
Return on equity (roe)	56,4%	43,5%

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Licences & notices


Notice of economic activity	TEL000536	Equipment works	Valid	27.09.2006	-

Regulations


Ä 10100951 / M2	08.07.2024	Warning for deletion from register – annual report not filed	11.10.2024	Deficiencies remedied16.08.2024
Ä 10100951 / 7	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 10100951 / 6	17.01.2018	Entry – Amendment entry	-	Entered into force17.01.2018
Ä 10100951 / 5	30.11.2017	Entry – Amendment entry	-	Entered into force30.11.2017
Ä 10100951 / 4	20.12.2012	Entry – Amendment entry under CRA § 525 (2)	-	Entered into force20.12.2012

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

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


04.03.2021	Kiili Varahalduse Sihtasutus	1 242 €Received	OPERATING EXPENSESGeneral transfers within the government sector

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts


21.11.2021End 22.03.2022	Taebla kooli võimla rekonstrueerimisprojekti koostamineReference number 241050 · Projekteerimise töövõtuleping	Lääne-Nigula VallavalitsusContracting authority	26 900 €actual 0 €	Completed

.ee domains


itmelectric.ee	Active	04.07.2010	29.12.2026

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.