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Jah

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78.1K€

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PowerUp Fuel Cells OÜ

Legal form:

Private limited company

Registry code:

14110442

VAT no.:

EE101922281

Fiscal-year period:

01.01 - 31.12

Established:

08.09.2016 (9)

Capital:

3 670,81 EUR

Address:

Akadeemia tee 23, Mustamäe linnaosa, Tallinn, Harju maakond, 12618

Status:

Registered

Contacts

Email:

ivarkruusenberg@hotmail.com

Phone:

+372 5036963

Industries

PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
Research and development
72101 - Research and experimental development on natural and technical sciences

VAT liability

	Start	End
EE101922281	03.11.2016

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	Due date 30.06.2026
2024	01.01.2024 - 31.12.2024	27.09.2025	Valid
2023	01.01.2023 - 31.12.2023	02.08.2024	Valid
2022	01.01.2022 - 31.12.2022	01.07.2023	Valid
2021	01.01.2021 - 31.12.2021	30.06.2022	Valid
2020	01.01.2020 - 31.12.2020	20.07.2021	Valid
2019	01.01.2019 - 31.12.2019	24.09.2020	Valid
2018	01.01.2018 - 31.12.2018	14.08.2020	Valid
2017	01.01.2017 - 31.12.2017	24.10.2018	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 05.06.2026.

???

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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? Strengths

View summary

78.1K€

Tax debt

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Unsubmitted reports

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TTJA decisions

Real estate

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	176 684 €	191 407 €	183 192 €13.0%	34
Kokku 2026:	176 684 €	191 407 €	183 192 €
2025 Q4	184 010 €	196 899 €	210 683 €97.9%	30
2025 Q3	86 757 €	94 761 €	106 476 €36.9%	31
2025 Q2	88 848 €	100 668 €	168 747 €99.8%	33
2025 Q1	153 056 €	161 449 €	84 457 €68.0%	30
Kokku 2025:	512 671 €	553 777 €	570 363 €219.7%
2024 Q4	140 477 €	148 298 €	50 261 €55.3%	30
2024 Q3	114 232 €	122 400 €	32 371 €22.6%	30
2024 Q2	134 054 €	141 249 €	41 811 €22.5%	30
2024 Q1	89 585 €	98 288 €	53 955 €4.0%	26
Kokku 2024:	478 348 €	510 235 €	178 398 €52.8%
2023 Q4	141 401 €	149 128 €	51 899 €44.3%	29
2023 Q3	132 148 €	138 307 €	93 127 €50.1%	32
2023 Q2	119 601 €	125 612 €	186 450 €303.9%	30
2023 Q1	105 023 €	112 900 €	46 161 €10.3%	34
Kokku 2023:	498 172 €	525 947 €	377 637 €11.7%
2022 Q4	132 197 €	140 115 €	41 854 €48.7%	28
2022 Q3	169 493 €	174 610 €	81 569 €30.3%	33
2022 Q2	95 294 €	95 852 €	116 968 €19.7%	33
2022 Q1	109 467 €	115 221 €	97 702 €113.9%	39
Kokku 2022:	506 451 €	525 799 €	338 092 €63.9%
2021 Q4	56 088 €	62 632 €	45 668 €19.2%	30
2021 Q3	48 134 €	52 034 €	56 529 €26.0%	33
2021 Q2	33 678 €	27 349 €	76 351 €175.4%	19
2021 Q1	29 255 €	29 480 €	27 723 €590.0%	14
Kokku 2021:	167 155 €	171 495 €	206 271 €2 053.3%
2020 Q4	11 378 €	10 052 €	4 018 €24.5%	15
2020 Q3	6 877 €	5 310 €	5 320 €2 104.1%	8
2020 Q2	6 570 €	6 810 €	241 €	5
2020 Q1	1 096 €	1 313 €	0 €	5
Kokku 2020:	25 922 €	23 485 €	9 579 €4 028.9%
2019 Q4	7 939 €	7 073 €	0 €100.0%	5
2019 Q3	4 576 €	4 302 €	200 €	6
2019 Q2	2 557 €	2 775 €	0 €100.0%	3
2019 Q1	1 165 €	1 219 €	32 €	3
Kokku 2019:	16 237 €	15 369 €	232 €
2018 Q4	3 €	0 €	0 €	1
2018 Q3	450 €	0 €	0 €	0
2018 Q2	0 €	0 €	0 €	0
2018 Q1	0 €	0 €	0 €100.0%	0
Kokku 2018:	453 €	0 €	0 €100.0%
2017 Q4	1 473 €	0 €	7 805 €178.8%	0
2017 Q3	0 €	0 €	2 800 €32.8%	0
2017 Q2	0 €	0 €	4 167 €1.3%	0
2017 Q1	0 €	0 €	4 115 €	0
Kokku 2017:	1 473 €	0 €	18 887 €
2016 Q4	0 €	0 €	0 €	0
Kokku 2016:	0 €	0 €	0 €

Revenue by industry

	2022	2023	2024
Research and experimental development on natural and technical sciences			200 966 €
Other research and experimental development on natural and technical sciences	81 727 €	271 399 €

Tax debts

	Amount	Deferred	Disputed
Interest	5 961,00 €	5 961,00 €	0,00 €
Social tax	51 861,51 €	51 861,51 €	0,00 €
Income tax in special cases	215,97 €	215,97 €	0,00 €
Unemployment insurance contributions	2 064,92 €	2 064,92 €	0,00 €
Withheld income tax	17 990,60 €	17 990,60 €	0,00 €
Total	78 094,00 €	78 094,00 €	0,00 €

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Ivar Kruusenberg	38407XXXXXX	31.07.1984 (41)	Board member	08.09.2016	-

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
AS AMALFI	10411XXX	17.03.1998 (28)	Shareholder	462,60 EUR	12,6	Sole ownership	03.03.2025	-
Johanna Ulrika Bjarke	-	07.06.1992 (33)	Shareholder	11,86 EUR	0,32	Sole ownership	31.01.2024	-
Joakim Fredrik Bjarke	-	10.03.1989 (37)	Shareholder	11,87 EUR	0,32	Sole ownership	31.01.2024	-
Aktsiaselts ESPAK Viljandi	-	30.09.1997 (28)	Shareholder	83,09 EUR	2,26	Sole ownership	01.09.2023	-
OÜ Vee Perearstikeskus	-	15.12.2005 (20)	Shareholder	201,80 EUR	5,5	Sole ownership	01.09.2023	-

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

1 - 5 / 17 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Ivar Kruusenberg	38407XXXXXX	31.07.1984 (41)	Founder	07.09.2016	-

1 - 1 / 1 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Ivar Kruusenberg	38407XXXXXX	31.07.1984 (41)	Direct holding	11.03.2020	-

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q1

Turnover

Amount

183 192 €

Monthly average

61 064 €

Per employee

1 796 €

Equity ratio

1 663,50%

Labour taxes

Turnover ratio

104,48%

Tax ratio

108,33%

Monthly average

63 802 €

Per employee

1 994 €

State taxes

Monthly average

58 895 €

Turnover ratio

96,45%

Estimated salary

Gross salary

3 599 €

Net salary

2 821 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	254 081 €13.8%	294 731 €23.9%	237 966 €93.9%	122 748 €124.3%	54 721 €142.0%	22 615 €
Non-current assets	806 346 €6.2%	859 544 €11.0%	774 278 €84.1%	420 595 €143.7%	172 591 €302.3%	42 905 €
Total assets	1 060 427 €8.1%	1 154 275 €14.0%	1 012 244 €86.3%	543 343 €139.0%	227 312 €246.9%	65 520 €
Short-term liabilities	4 736 178 €52.5%	3 105 224 €102.8%	1 530 999 €304.7%	378 304 €657.0%	49 971 €21.5%	63 694 €
Long-term liabilities	-	-	-	580 973 €329.2%	135 373 €1 267.4%	9 900 €
Total liabilities	4 736 178 €52.5%	3 105 224 €102.8%	1 530 999 €59.6%	959 277 €417.6%	185 344 €151.8%	73 594 €
Share or stock capital	3 671 €	3 671 €	3 671 €46.8%	2 500 €	2 500 €	2 500 €
Retained earnings	-1 936 854 €278.5%	-511 725 €146.4%	1 102 413 €2 693.2%	39 468 €6.1%	42 026 €716.7%	5 146 €
Net profit	-1 742 568 €20.8%	-1 442 895 €11.2%	-1 624 839 €254.8%	-457 902 €17 800.8%	-2 558 €83.7%	-15 720 €
Equity	-3 675 751 €88.4%	-1 950 949 €276.1%	-518 755 €24.7%	-415 934 €1 091.1%	41 968 €619.8%	-8 074 €
Turnover	200 966 €26.0%	271 399 €232.1%	81 727 €31.2%	118 796 €542.2%	18 497 €52.4%	12 135 €
Profit margin	-867.10%63.1%	-531.65%73.3%	-1 988.13%415.8%	-385.45%2 687.2%	-13.83%89.3%	-129.54%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	-B VCM CRZ	-D OGN QUJ	-O DXN WOQ	-392 806	6 860
Liquidity
Current ratio	L.A	Y.Z	A.P	0.3	1.1
Quick ratio	E.U	F.H	V.M	0.1	1.0
Cash ratio	M.M	H.V	M.Q	0.0	0.1
Efficiency
Days sales outstanding (dso)	F.Z	V.H	RB.W	39.0	315.3
Asset turnover	J.M	D.K	F.K	0.3	0.1
Structure
Debt ratio	F.J	W.V	F.G	1.8	0.8
Profitability
Operating margin	-XKL.K%	-FEC.I%	-F IQN.A%	-386.1%	-13.0%
Net profit margin	-XOD.N%	-QDM.U%	-M VPI.Z%	-385.5%	-13.8%
Return on assets (roa)	-SFB.U%	-YGO.N%	-GHM.F%	-118.8%	-1.7%
Return on equity (roe)	-	-	-	-	-6.1%

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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	Deadline	Status
Ä 50036715 / 11	03.03.2025	Entry - Amendment entry		Entered into force (03.03.2025)
Ä 50036715 / M5	11.07.2024	Fine-warning order – annual report not filed	10.08.2024	Deficiencies remedied (03.08.2024)
Ä 50036715 / 10	31.01.2024	Entry - Amendment entry		Entered into force (31.01.2024)
Ä 50036715 / M4	16.01.2024	Order to remedy deficiencies - Change of shareholders	02.02.2024	Deficiencies remedied (31.01.2024)
Ä 50036715 / 9	01.09.2023	Entry - Amendment entry		Entered into force (01.09.2023)

1 - 5 / 16 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

No official announcements found

Company has no issued official announcements

Public transactions

Date	Party	Amount	Classification
26.03.2026	Kliimaministeerium	41 169.67 € Received	OTHER GRANTS R&D in environmental protection
05.03.2026	Kliimaministeerium	10 974.97 € Received	OTHER GRANTS R&D in environmental protection
05.03.2026	Kliimaministeerium	12 837.60 € Received	OTHER GRANTS R&D in environmental protection
02.03.2026	Kliimaministeerium	17 596.96 € Received	OTHER GRANTS R&D in environmental protection
10.11.2025	Kliimaministeerium	2 000.70 € Received	OTHER GRANTS R&D in environmental protection

PowerUp Fuel Cells OÜ

Contacts

Industries

VAT liability

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Hidden

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Aggregate data

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