Vestman Solar OÜ

Legal form:: Private limited company
Registry code:: 14819212
VAT no.:: EE102195570
Fiscal-year period:: 01.01 - 31.12
Established:: 04.10.2019 (7 y)
Capital:: 25 000 EUR
Address:: Tartu tn 4a, Viljandi linn, Viljandi maakond, 71004
Status:: Registered

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Contacts

Phone:: +372 5141800
Email:: hannu@online.ee

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Industries

Electricity, gas, steam and air-conditioning supply
Electricity production, transmission and distribution
Electricity production from renewable energy sources
35123 – Electricity production from solar energy

Industry TOPNo. 29 of 334 companies

29.Vestman Solar OÜ279k €

Main activity 35123 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE102195570	06.10.2019	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	30.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	30.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	30.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	28.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	29.06.2021	Valid	PDF
2019	04.10.2019 – 31.12.2019	30.10.2020	Valid	PDF

Unsubmitted declarations

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No unsubmitted declarations as of 21.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate56 .ee domains3 Licenses–Regulations6 Public transactions–Grants–State aid111 Public procurement–Holdings in companies4 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	7 887 €	12 838 €	132 811 €+70,8%	-
2026 Q2	0 €	12 750 €	77 754 €+1 213%	-
2026 Q1	2 630 €	19 096 €	5 923 €−90,5%	-
Total 2026:	10 517 €	44 684 €	216 488 €
2025 Q4	12 636 €	13 742 €	62 476 €−13,2%	-
2025 Q3	13 441 €	13 835 €	71 976 €−12,7%	-
2025 Q2	16 282 €	13 670 €	82 418 €+496%	-
2025 Q1	6 314 €	15 881 €	13 829 €−83,4%	-
Total 2025:	48 673 €	57 128 €	230 699 €
2024 Q4	9 231 €	9 443 €	83 078 €−52,3%	-
2024 Q3	12 799 €	6 400 €	174 031 €+63,8%	-
2024 Q2	13 982 €	6 349 €	106 221 €+708%	-
2024 Q1	0 €	3 222 €	13 154 €−86,6%	-
Total 2024:	36 012 €	25 414 €	376 484 €
2023 Q4	7 414 €	0 €	97 937 €−51,1%	-
2023 Q3	17 845 €	146 €	200 310 €+44,2%	-
2023 Q2	0 €	0 €	138 945 €+326%	-
2023 Q1	0 €	1 063 €	32 652 €+122%	-
Total 2023:	25 259 €	1 209 €	469 844 €
2022 Q4	1 358 €	91 €	14 714 €+220%	-
2022 Q3	0 €	63 €	4 600 €+58,6%	-
2022 Q2	-	-	2 900 €−97,2%	-
2022 Q1	1 467 €	1 158 €	102 835 €−72,5%	-
Total 2022:	2 825 €	1 312 €	125 049 €
2021 Q4	66 742,56 €	5,67 €	373 294,42 €+37 417%	-
2021 Q3	0 €	290,17 €	995 €	-
2021 Q2	9,59 €	5,97 €	0 €−100%	-
2021 Q1	565 471,94 €	1 079,78 €	2,83 M €+52 933%	-
Total 2021:	632 224,09 €	1 381,59 €	3,20 M €
2020 Q4	0 €	0 €	5 332,40 €−98,3%	-
2020 Q3	0 €	13,55 €	314 588,49 €	-
2020 Q2	0 €	0 €	0 €	-
2020 Q1	197 €	0 €	0 €	0
Total 2020:	197 €	13,55 €	319 920,89 €
2019 Q4	0 €	0 €	0 €	0
2019 Q3	0 €	0 €	0 €	0
Total 2019:	0 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Electricity production from solar energy		363 918 €	218 588 €
Other electricity generation (incl. from biomass)	458 256 €

Tax debts

No tax debt found

No tax debt as of 21.10.2026

Representatives

	Personal ID code
Madis Vinni	38608XXXXXX	27.08.1986 (40)	Board member	23.09.2024	-
Hannu Lamp	37410XXXXXX	07.10.1974 (52)	Board member	04.10.2019	-

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Shareholders

	Personal ID code
Aktsiaselts Vestman Energia	10899600	19.12.2002 (23)	Shareholder	15 750 EUR	63,00%	Sole ownership	16.08.2023	-
TAUR Varahalduse Osaühing	10899579	18.12.2002 (23)	Shareholder	4 500 EUR	18,00%	Sole ownership	16.08.2023	-
LHCarbon OÜ	11266155	09.06.2006 (20)	Shareholder	2 500 EUR	10,00%	Sole ownership	16.08.2023	-
Osaühing Thorsten	10891023	16.09.2002 (24)	Shareholder	2 250 EUR	9,00%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Silver Vanamets	39110XXXXXX	19.10.1991 (35)	Founder	03.10.2019	-
Aktsiaselts Vestman Energia	10899600	19.12.2002 (23)	Founder	03.10.2019	-
LHCarbon OÜ	11266155	09.06.2006 (20)	Founder	03.10.2019	-

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Ultimate beneficial owners

	Personal ID code
Aivar Berzin	36905XXXXXX	30.05.1969 (57)	Indirect holding	04.10.2019	-

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Holdings in companies


Ülde Energiapark OÜ	21.04.2025	Shareholder	2 500 EUR	100,00%	Sole ownership	21.04.2025	-
Jõeküla Energiapark OÜ	16.01.2026	Shareholder	2 500 EUR	100,00%	Sole ownership	16.01.2026	-
OÜ Sakala Tuulepark	20.01.2025	Shareholder	5 000 EUR	50,00%	Sole ownership	20.01.2025	-
Rahnoja Energiapark OÜ	02.06.2026	Shareholder	1 250 EUR	50,00%	Sole ownership	02.06.2026	-

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2026 Q3

Turnover

Amount: 132 811 €
Monthly average: 44 270 €
Per employee: -
Equity ratio: 177,08%

Labour taxes

Turnover ratio: 9,67%
Tax ratio: 162,77%
Monthly average: 4 279 €
Per employee: -

State taxes

Monthly average: 2 629 €
Turnover ratio: 5,94%

Estimated salary

Gross salary: -
Net salary: -

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	105 089 €+160%	40 431 €−89,6%	388 392 €−75,0%	1 551 757 €+240%	456 448 €−38,6%	743 637 €+8 087%	9 083 €
Non-current assets	8 091 982 €−1,5%	8 211 824 €+82,3%	4 505 446 €+69,5%	2 658 844 €−39,9%	4 426 203 €+4,7%	4 225 778 €+32 683%	12 890 €
Total assets	8 197 071 €−0,7%	8 252 255 €+68,6%	4 893 838 €+35,2%	3 618 932 €−27,0%	4 958 556 €+0,8%	4 921 096 €+22 296%	21 973 €
Short-term liabilities	487 719 €−40,7%	822 682 €+91,6%	429 484 €−76,1%	1 796 924 €+199%	600 335 €−36,6%	946 959 €+60 024%	1 575 €
Long-term liabilities	6 735 935 €+13,9%	5 912 824 €+126%	2 612 291 €+20,6%	2 166 227 €−42,5%	3 769 864 €−6,9%	4 049 400 €	-
Total liabilities	7 223 654 €+7,2%	6 735 506 €+121%	3 041 775 €−23,2%	3 963 151 €−9,3%	4 370 199 €−12,5%	4 996 359 €+317 129%	1 575 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	1 491 749 €−18,4%	1 827 063 €+14,3%	1 598 284 €+639%	216 286 €+333%	-92 867 €−1 918%	-4 602 €−118%	25 000 €
Net profit	-543 332 €−62,0%	-335 314 €−247%	228 779 €+218%	-193 435 €−192%	-66 141 €+30,9%	-95 661 €−1 979%	-4 602 €
Equity	973 417 €−35,8%	1 516 749 €−18,1%	1 852 063 €+14,1%	1 623 284 €+1 311%	-134 008 €−97,5%	-67 867 €−433%	20 398 €
Turnover	219 244 €−39,8%	363 918 €−20,6%	458 256 €−1,2%	-	463 907 €+4 821%	9 427 €	-
Profit margin	-247,8%	-92,1%	49,9%	-	-14,3%	-1 014,8%	-

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	0,5	0,8
Quick ratio	0,5	0,8
Cash ratio	0,2	0,5
Efficiency
Days sales outstanding (dso)	-	1 463 763,9
Asset turnover	-	0,0
Structure
Debt ratio	1,1	1,0
Profitability
Operating margin	-	-4 508,9%
Net profit margin	-	-6 647,3%
Return on assets (roa)	-4,9%	-1,5%
Return on equity (roe)	-	-

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50129869 / 5	23.09.2024	Entry – Amendment entry	-	Entered into force23.09.2024
Ä 50129869 / 3	10.04.2023	Entry – Second, constitutive merger entry (on acquiring entity’s registry card)	-	Entered into force10.04.2023
K 50129869 / 4	10.04.2023	Entry – Commercial-pledge opening entry	-	Entered into force10.04.2023
Ä 50129869 / M1	14.03.2023	Order to remedy deficiencies – Second, constitutive merger entry (on acquiring entity’s registry card)	04.04.2023	Entered into force30.03.2023
Ä 50129869 / 2	31.07.2020	Entry – Amendment entry	-	Entered into force31.07.2020

Real estate

		Purpose
Abrami, Leikude küla, Kadrina vald, Lääne-Viru maakond	71 705 m²	Agricultural land 100%
Abrami, Leikude küla, Kadrina vald, Lääne-Viru maakond	65 182 m²	Agricultural land 100%
Alajaagu, Karjatnurme küla, Tõrva vald, Valga maakond	1 028 482 m²	Agricultural land 100%
Asu, Luiga küla, Viljandi vald, Viljandi maakond	243 796 m²	Agricultural land 100%
Jakobi, Järva-Madise küla, Järva vald, Järva maakond	180 141 m²	Agricultural land 100%

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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

No public transactions found

Company has no public transactions

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


31.01.2021	Elering ASAid measure 241632	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)Grant	21 506,07 €	241632/2408618
31.01.2021	Elering ASAid measure 241632	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)Grant	21 566 €	241632/2408619
31.01.2021	Elering ASAid measure 241632	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)Grant	27 018,09 €	241632/2408620
31.01.2021	Elering ASAid measure 241632	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)Grant	21 400,54 €	241632/2408621
31.01.2021	Elering ASAid measure 241632	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Tegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)Grant	27 665,60 €	241632/2408622

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


jarvaenergia.ee	Active	24.08.2026	25.08.2027
uldeenergia.ee	Active	19.05.2026	20.05.2027
rahnojaenergia.ee	Active	09.03.2026	10.03.2027

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.