Ares Elekter OÜ

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 11927237
VAT no.VAT no.:: EE101365505
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 19.04.2010 (16 y)
Former business namesFormer business names:: Ares Investments OÜ
CapitalCapital:: 2 556 EUR
AddressAddress:: Kase tn 11/6, Tartu linn, Tartu linn, Tartu maakond, 50410
StatusStatus:: Registered

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Contacts

PhonePhone:: +372 53431575
EmailEmail:: timo@areselekter.ee

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Industries

CONSTRUCTION
Specialised construction activities
Electrical installation and plumbing and other construction installation works
4321 – Electrical installation

VAT liability

VAT no.	Start	End
EE101365505	01.05.2010	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	29.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	02.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	19.04.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	18.04.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	08.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	15.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	13.04.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	16.05.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	18.04.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	09.05.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	13.05.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	20.04.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	11.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	14.03.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	02.05.2012	Valid	PDF
2010	19.04.2010 – 31.12.2010	06.04.2011	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 01.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains1 Licenses1 Regulations9 Public transactions103 Grants–State aid2 Public procurement–Holdings in companies1 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	908 €	0 €	7 482 €+19,4%	-
2026 Q1	568 €	0 €	6 264 €−35,7%	-
Total 2026:	1 476 €	0 €	13 746 €
2025 Q4	223 €	0 €	9 740 €+17,5%	-
2025 Q3	481 €	0 €	8 292 €+9,0%	-
2025 Q2	491 €	0 €	7 604 €−55,0%	-
2025 Q1	1 974 €	0 €	16 888 €+9,8%	-
Total 2025:	3 169 €	0 €	42 524 €
2024 Q4	1 982 €	0 €	15 381 €−57,6%	-
2024 Q3	0 €	0 €	36 237 €+223%	-
2024 Q2	523 €	0 €	11 207 €+6,6%	-
2024 Q1	640 €	0 €	10 510 €+21,2%	-
Total 2024:	3 145 €	0 €	73 335 €
2023 Q4	784 €	0 €	8 671 €−26,9%	-
2023 Q3	1 269 €	0 €	11 862 €+6,7%	-
2023 Q2	630 €	0 €	11 114 €+35,5%	-
2023 Q1	626 €	0 €	8 205 €−66,5%	-
Total 2023:	3 309 €	0 €	39 852 €
2022 Q4	1 813 €	0 €	24 513 €−22,5%	-
2022 Q3	2 652 €	0 €	31 628 €+10,7%	-
2022 Q2	2 156 €	0 €	28 562 €+69,0%	-
2022 Q1	801 €	0 €	16 896 €+226%	-
Total 2022:	7 422 €	0 €	101 599 €
2021 Q4	0 €	0 €	5 189,93 €−60,1%	-
2021 Q3	85,33 €	0 €	12 999,69 €+35,4%	-
2021 Q2	357,96 €	0 €	9 598,02 €+83,9%	-
2021 Q1	205 €	0 €	5 218,43 €−75,5%	1
Total 2021:	648,29 €	0 €	33 006,07 €
2020 Q4	0 €	0 €	21 311,84 €+237%	1
2020 Q3	86,93 €	0 €	6 326,65 €−38,9%	1
2020 Q2	0 €	45,34 €	10 359,61 €−53,2%	1
2020 Q1	1 779 €	0 €	22 115 €+170%	1
Total 2020:	1 865,93 €	45,34 €	60 113,10 €
2019 Q4	472 €	0 €	8 185 €−37,7%	1
2019 Q3	282 €	0 €	13 130 €−16,3%	1
2019 Q2	1 207 €	0 €	15 687 €+50,8%	1
2019 Q1	527 €	0 €	10 402 €+124%	1
Total 2019:	2 488 €	0 €	47 404 €
2018 Q4	360 €	194 €	4 643 €−27,1%	1
2018 Q3	563 €	194 €	6 371 €+56,7%	1
2018 Q2	501 €	357 €	4 066 €−68,7%	1
2018 Q1	2 123 €	568 €	12 999 €+109%	1
Total 2018:	3 547 €	1 313 €	28 079 €
2017 Q4	702 €	673 €	6 205 €−74,7%	1
2017 Q3	1 859 €	218 €	24 538 €+165%	1
2017 Q2	511 €	0 €	9 248 €−20,4%	0
2017 Q1	640 €	0 €	11 611 €	0
Total 2017:	3 712 €	891 €	51 602 €
2016 Q4	2 326 €	0 €	0 €	0
2016 Q3	321 €	0 €	0 €	0
2016 Q2	1 913 €	0 €	0 €	0
2016 Q1	914 €	0 €	0 €	0
Total 2016:	5 474 €	0 €	0 €
2015 Q4	252 €	0 €	0 €	0
2015 Q3	-2 167 €	0 €	0 €	0
2015 Q2	1 626 €	0 €	0 €	0
2015 Q1	541 €	0 €	0 €	0
Total 2015:	252 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Electrical installation			41 105 €
Electrical installation works		73 383 €
Installation of electrical wiring and equipment	40 435 €

Tax debts

No tax debt found

No tax debt as of 24.07.2026

Representatives

	Personal ID code
Timo Tammekivi	38601XXXXXX	01.01.1986 (40)	Board member	19.04.2010	-

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Shareholders

	Personal ID code
Timo Tammekivi	38601XXXXXX	01.01.1986 (40)	Shareholder	2 556 EUR	100,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Timo Tammekivi	38601XXXXXX	01.01.1986 (40)	Founder	17.04.2010	-

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Ultimate beneficial owners

	Personal ID code
Timo Tammekivi	38601XXXXXX	01.01.1986 (40)	Direct holding	19.10.2018	-

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Holdings in companies


Spim OÜ	18.08.2026	Shareholder	2 500 EUR	100,00%	Sole ownership	18.08.2026	-

2026 Q2

Turnover

Amount: 7 482 €
Monthly average: 2 494 €
Per employee: -
Equity ratio: 97,57%

Labour taxes

Turnover ratio: 0,00%
Tax ratio: 0,00%
Monthly average: 0 €
Per employee: -

State taxes

Monthly average: 303 €
Turnover ratio: 12,14%

Estimated salary

Gross salary: -
Net salary: -

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	67 391 €+9,7%	61 418 €+20,3%	51 036 €+23,3%	41 384 €+538%	6 490 €−74,5%	25 433 €−45,1%	46 317 €
Non-current assets	56 458 €−14,2%	65 838 €+403%	13 083 €−6,5%	13 996 €−20,4%	17 576 €−16,9%	21 155 €−14,5%	24 734 €
Total assets	123 849 €−2,7%	127 256 €+98,5%	64 119 €+15,8%	55 380 €+130%	24 066 €−48,3%	46 588 €−34,4%	71 051 €
Short-term liabilities	5 257 €−4,9%	5 529 €+220%	1 726 €+31,8%	1 310 €−62,8%	3 526 €−23,0%	4 577 €−46,0%	8 483 €
Long-term liabilities	36 060 €−9,4%	39 802 €	-	-	-	-	-
Total liabilities	41 317 €−8,9%	45 331 €+2 526%	1 726 €+31,8%	1 310 €−62,8%	3 526 €−23,0%	4 577 €−46,0%	8 483 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	79 113 €+32,8%	59 581 €+16,2%	51 258 €+189%	17 728 €−54,8%	39 199 €−34,4%	59 756 €+27,6%	46 845 €
Net profit	607 €−96,9%	19 532 €+135%	8 323 €−75,2%	33 530 €+256%	-21 471 €−4,4%	-20 557 €−259%	12 911 €
Equity	82 532 €+0,7%	81 925 €+31,3%	62 393 €+15,4%	54 070 €+163%	20 540 €−51,1%	42 011 €−32,9%	62 568 €
Turnover	41 105 €−44,0%	73 383 €+81,5%	40 435 €−60,8%	103 162 €+215%	32 759 €−36,3%	51 432 €−4,9%	54 055 €
Profit margin	1,5%	26,6%	20,6%	32,5%	-65,5%	-40,0%	23,9%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	37 130 €	-17 779 €
Liquidity
Current ratio	31,6	1,8
Quick ratio	31,6	1,8
Cash ratio	30,2	1,3
Efficiency
Days sales outstanding (dso)	6,3	15,4
Asset turnover	2,6	0,9
Structure
Debt ratio	0,0	0,1
Profitability
Operating margin	32,5%	-65,2%
Net profit margin	32,5%	-65,5%
Return on assets (roa)	84,4%	-60,8%
Return on equity (roe)	62,0%	-104,5%

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Licences & notices


Notice of economic activity	TEL002056	Equipment works	Valid	25.01.2013	-

Regulations


Ä 20051689 / 8	02.06.2025	Entry – Amendment entry	-	Entered into force02.06.2025
Ä 20051689 / 7	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
Ä 20051689 / 6	07.06.2018	Entry – Amendment entry	-	Entered into force07.06.2018
Ä 20051689 / M1	04.06.2018	Order to remedy deficiencies – Amendment entry	14.06.2018	Deficiencies remedied06.06.2018
Ä 20051689 / 5	14.02.2018	Entry – Amendment entry	-	Entered into force14.02.2018

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


13.08.2026	Sihtasutus Tartu Vaimse Tervise Hooldekeskus	434 €Received	OPERATING EXPENSESGeneral care service provided outside the home
10.07.2026	Sihtasutus Tartu Vaimse Tervise Hooldekeskus	434 €Received	OPERATING EXPENSESSpecial welfare service for persons with disabilities
12.06.2026	Sihtasutus Tartu Vaimse Tervise Hooldekeskus	434 €Received	OPERATING EXPENSESSpecial welfare service for persons with disabilities
15.05.2026	Sihtasutus Tartu Vaimse Tervise Hooldekeskus	434 €Received	OPERATING EXPENSESSpecial welfare service for persons with disabilities
14.04.2026	Sihtasutus Tartu Vaimse Tervise Hooldekeskus	434 €Received	OPERATING EXPENSESSpecial welfare service for persons with disabilities

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


31.05.2025	Põllumajanduse Registrite ja Informatsiooni AmetAid measure 241703	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Direktiivi 2003/96/EÜ kohaselt maksuvähendustena antav abi (artikkel 44 alates 01.07.2023)Tax rate reduction	408,22 €	241703/2508481
30.04.2024	Põllumajanduse Registrite ja Informatsiooni AmetAid measure 231460	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Direktiivi 2003/96/EÜ kohaselt keskkonnamaksu vähendustena antav abi (artikkel 44)Tax rate reduction	27,20 €	231460/2406734

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


areselekter.ee	Active	28.04.2012	29.04.2028

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.