Elektrivärk OÜ

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 12276189
VAT no.VAT no.:: EE101738721
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 02.05.2012 (14 y)
Former business namesFormer business names:: Melody Makers OÜ, Melody Makers UÜ
CapitalCapital:: 3 500 EUR
AddressAddress:: Pargi tn 7, Märjamaa alev, Märjamaa vald, Rapla maakond, 78304
StatusStatus:: Registered

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Contacts

PhonePhone:: +372 56884991
EmailEmail:: indrekmasing@live.com

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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
EE101738721	02.09.2014	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	27.07.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	31.03.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	09.07.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	08.09.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	18.01.2023	Valid	PDF
2020	01.01.2020 – 31.12.2020	08.07.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	24.04.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	30.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	29.05.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	10.07.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	18.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	29.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	23.03.2014	Valid	PDF
2012	02.05.2012 – 31.12.2012	21.06.2013	Valid	PDF

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No unsubmitted declarations as of 29.09.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains–Licenses1 Regulations11 Public transactions2 Grants–State aid–Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	2 764 €	877 €	17 938 €−53,4%	1
2026 Q1	7 026 €	2 348 €	38 470 €+6,7%	1
Total 2026:	9 790 €	3 225 €	56 408 €
2025 Q4	8 736 €	3 083 €	36 051 €+56,1%	1
2025 Q3	6 344 €	3 083 €	23 094 €+81,4%	1
2025 Q2	4 389 €	2 998 €	12 734 €−38,2%	1
2025 Q1	5 729 €	2 852 €	20 599 €−29,5%	1
Total 2025:	25 198 €	12 016 €	92 478 €
2024 Q4	5 847 €	2 646 €	29 203 €+24,8%	1
2024 Q3	5 970 €	2 352 €	23 408 €−14,1%	1
2024 Q2	6 973 €	2 205 €	27 258 €+46,7%	1
2024 Q1	4 413 €	2 205 €	18 576 €−2,6%	1
Total 2024:	23 203 €	9 408 €	98 445 €
2023 Q4	4 618 €	2 205 €	19 073 €+11,2%	1
2023 Q3	4 418 €	2 205 €	17 154 €−11,8%	1
2023 Q2	4 508 €	2 205 €	19 458 €+52,4%	1
2023 Q1	4 978 €	3 087 €	12 767 €−18,3%	1
Total 2023:	18 522 €	9 702 €	68 452 €
2022 Q4	3 795 €	1 764 €	15 618 €+15,0%	1
2022 Q3	2 071 €	1 764 €	13 586 €−24,8%	1
2022 Q2	3 309 €	1 764 €	18 076 €+57,8%	1
2022 Q1	3 605 €	1 757 €	11 455 €−14,8%	1
Total 2022:	12 780 €	7 049 €	58 735 €
2021 Q4	2 811,62 €	918,99 €	13 440,89 €−16,0%	1
2021 Q3	3 164,51 €	993,03 €	16 001,18 €+25,3%	1
2021 Q2	2 786,06 €	854,74 €	12 772,25 €+9,1%	1
2021 Q1	2 304,88 €	563,64 €	11 710,21 €+2,9%	1
Total 2021:	11 067,07 €	3 330,40 €	53 924,53 €
2020 Q4	2 233,11 €	534,60 €	11 384,32 €−16,2%	1
2020 Q3	3 507,78 €	1 648,10 €	13 579,10 €−7,4%	1
2020 Q2	4 251,58 €	2 204,85 €	14 668,04 €+32,6%	1
2020 Q1	2 979 €	1 523 €	11 060 €−4,2%	1
Total 2020:	12 971,47 €	5 910,55 €	50 691,46 €
2019 Q4	2 460 €	587 €	11 539 €+53,0%	1
2019 Q3	1 535 €	495 €	7 543 €+63,0%	1
2019 Q2	1 569 €	777 €	4 629 €−41,1%	1
2019 Q1	1 612 €	742 €	7 856 €−16,5%	1
Total 2019:	7 176 €	2 601 €	31 567 €
2018 Q4	1 489 €	700 €	9 406 €+2,1%	1
2018 Q3	1 874 €	842 €	9 215 €+28,0%	1
2018 Q2	1 058 €	170 €	7 198 €−10,3%	1
2018 Q1	1 044 €	170 €	8 023 €−1,8%	1
Total 2018:	5 465 €	1 882 €	33 842 €
2017 Q4	1 172 €	170 €	8 169 €+25,4%	1
2017 Q3	1 294 €	170 €	6 514 €−1,9%	1
2017 Q2	1 248 €	170 €	6 643 €+15,1%	1
2017 Q1	1 189 €	170 €	5 772 €−9,0%	1
Total 2017:	4 903 €	680 €	27 098 €
2016 Q4	1 237 €	170 €	6 345 €	1
2016 Q3	1 228 €	170 €	6 345 €+13,6%	1
2016 Q2	1 568 €	150 €	5 583 €−12,0%	1
2016 Q1	1 330 €	170 €	6 345 €−15,4%	1
Total 2016:	5 363 €	660 €	24 618 €
2015 Q4	1 028 €	170 €	7 502 €	1
2015 Q3	1 179 €	170 €	7 502 €+188%	1
2015 Q2	956 €	59 €	2 603 €−61,0%	1
2015 Q1	1 187 €	151 €	6 678 €	1
Total 2015:	4 350 €	550 €	24 285 €

Revenue by industry

	2023	2024	2025
Electrical installation works		101 919 €	95 341 €
Installation of electrical wiring and equipment	70 969 €

Tax debts

No tax debt found

No tax debt as of 29.09.2026

Representatives

	Personal ID code
Indrek Masing	38605XXXXXX	28.05.1986 (40)	Board member	14.03.2013	-

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Shareholders

	Personal ID code
Indrek Masing	38605XXXXXX	28.05.1986 (40)	Shareholder	3 500 EUR	100,00%	Sole ownership	01.09.2023	-

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Ultimate beneficial owners

	Personal ID code
Indrek Masing	38605XXXXXX	28.05.1986 (40)	Direct holding	18.11.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 17 938 €
Monthly average: 5 979 €
Per employee: 5 979 €
Equity ratio: 170,84%

Labour taxes

Turnover ratio: 4,89%
Tax ratio: 31,73%
Monthly average: 292 €
Per employee: 292 €

State taxes

Monthly average: 921 €
Turnover ratio: 15,41%

Estimated salary

Gross salary: 690 €
Net salary: 665 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	104 333 €+7,0%	97 469 €+23,7%	78 783 €+21,4%	64 922 €+11,9%	58 027 €+9,7%	52 874 €+41,2%	37 457 €
Non-current assets	6 677 €+16,1%	5 753 €−73,5%	21 707 €−28,0%	30 142 €+57,6%	19 129 €+70,0%	11 253 €−8,5%	12 293 €
Total assets	111 010 €+7,5%	103 222 €+2,7%	100 490 €+5,7%	95 064 €+23,2%	77 156 €+20,3%	64 127 €+28,9%	49 750 €
Short-term liabilities	13 222 €+61,6%	8 183 €−26,3%	11 098 €−18,4%	13 607 €+240%	4 001 €+25,0%	3 200 €−47,8%	6 132 €
Long-term liabilities	-	-	953 €−85,6%	6 609 €	-	-	-
Total liabilities	13 222 €+61,6%	8 183 €−32,1%	12 051 €−40,4%	20 216 €+405%	4 001 €+25,0%	3 200 €−47,8%	6 132 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	91 539 €+7,8%	84 939 €+19,0%	71 348 €+2,4%	69 655 €+21,3%	57 427 €+2 642%	2 094 €−94,5%	38 023 €
Net profit	2 749 €−58,4%	6 601 €−51,4%	13 591 €+703%	1 693 €−86,2%	12 228 €−29,4%	17 310 €+727%	2 094 €
Equity	97 788 €+2,9%	95 039 €+7,5%	88 439 €+18,2%	74 848 €+2,3%	73 155 €+20,1%	60 927 €+39,7%	43 618 €
Turnover	95 341 €−6,5%	101 919 €+43,6%	70 969 €+21,0%	58 633 €+8,8%	53 873 €+6,6%	50 537 €+59,4%	31 709 €
Profit margin	2,9%	6,5%	19,2%	2,9%	22,7%	34,3%	6,6%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	8 789 €	15 122 €
Liquidity
Current ratio	4,8	14,5
Quick ratio	4,8	14,5
Cash ratio	2,4	6,3
Efficiency
Days sales outstanding (dso)	204,7	223,2
Asset turnover	0,7	0,8
Structure
Debt ratio	0,2	0,1
Profitability
Operating margin	3,7%	22,8%
Net profit margin	2,9%	22,7%
Return on assets (roa)	2,0%	17,3%
Return on equity (roe)	2,3%	16,7%

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Licences & notices


Notice of economic activity	TEL003027	Electrical works	Valid	13.06.2017	-

Regulations


Ä 10168531 / M3	09.07.2024	Warning for deletion from register – annual report not filed	12.10.2024	Deficiencies remedied10.07.2024
Ä 10168531 / 8	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 10168531 / 7	17.01.2018	Entry – Amendment entry	-	Entered into force17.01.2018
Ä 10168531 / 6	02.12.2017	Entry – Amendment entry	-	Entered into force02.12.2017
Ä 10168531 / 5	03.08.2017	Entry – Amendment entry	-	Entered into force03.08.2017

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


21.08.2026	Rae Vallavalitsus	1 364 €Received	OPERATING EXPENSESSport
10.02.2026	Märjamaa Vallavalitsus	186 €Received	OPERATING EXPENSESYouth work and youth centres

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

No public procurement contracts found

The company has no public procurement contracts

.ee domains

No domains found

Company has no valid .ee domains

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.