35111 - Electricity production from non-renewable energy sources 19201 - Manufacture of refined petroleum products (including peat briquettes) 35129 - 35301 - Steam and air conditioning supply 96999 -

Revenue

490 409 980 €

Profit

-103 699 000 €

Profit margin

-21%

Gross salary

2 347 €

(estimate is approximate)

Equity

78 492 000 €

Employees

1719

Annual report

Submitted

Tax arrears

No tax arrears

Return on equity

-132%

Return on assets

-15%

Related parties

	Owner	Representative	Beneficial owner
Raido Ivalo	-	-	Member of a higher management body, i.e. board member or supervisory board member
Marlen Tamm	-	-	Member of a higher management body, i.e. board member or supervisory board member
Andrus Durejko	-	-	Member of a higher management body, i.e. board member or supervisory board member
Tiit Hõbejõgi	-	Board member	-
Marti Viirmäe	-	Board member	-
Stanislav Ignatovets	-	Board member	Member of a higher management body, i.e. board member or supervisory board member
Lauri Karp	-	Board member	Member of a higher management body, i.e. board member or supervisory board member
Anu Kaukes	-	Board member	Member of a higher management body, i.e. board member or supervisory board member
Tarmo Virkus	-	Board member	Member of a higher management body, i.e. board member or supervisory board member
Hannes Reinula	-	Board member	Member of a higher management body, i.e. board member or supervisory board member
Eesti Energia AS 10421629	100% - 30 000 000.00 EUR	-	-

Related companies

	Owner	Representative	Beneficial owner
Aktsiaselts NARVA SOOJUSVÕRK 10549419	100% - 3 991 833.00 EUR	-	-
ORICA EESTI OSAÜHING 10186632	35% - 1 253 000.00 EUR	-	-
TRISECTOR OÜ 11636681	10% - 1 111.00 EUR	-	-

Financial info

	2019 25.06.2020	2020 30.06.2021	2021 15.06.2022	2022 08.06.2023	2023 11.06.2024	2024 10.06.2025
Total Revenue	366 392 000 €	280 112 000 €	626 003 970 €	986 014 000 €	727 765 000 €	490 409 980 €
Net profit (loss) for the period	8 772 000 €	-54 348 000 €	82 972 000 €	-27 161 000 €	-391 851 000 €	-103 699 000 €
Profit Margin	2%	-19%	13%	-3%	-54%	-21%
Current Assets	113 069 000 €	131 644 000 €	197 007 010 €	234 276 990 €	225 524 000 €	157 450 000 €
Fixed Assets	983 670 000 €	1 070 451 000 €	1 083 163 000 €	1 138 598 000 €	651 379 970 €	547 456 000 €
Total Assets	1 096 739 000 €	1 202 095 000 €	1 280 170 000 €	1 372 875 000 €	876 904 000 €	704 906 000 €
Current Liabilities	700 213 000 €	638 558 000 €	628 178 000 €	739 310 000 €	628 502 000 €	587 549 000 €
Non Current Liabilities	23 848 000 €	32 098 000 €	67 903 000 €	57 118 000 €	32 881 000 €	38 865 000 €
Total Liabilities	724 061 000 €	670 656 000 €	696 081 000 €	796 428 000 €	661 383 000 €	626 414 000 €
Share Capital	30 000 000 €	30 000 000 €	30 000 000 €	30 000 000 €	30 000 000 €	30 000 000 €
Equity	372 678 020 €	531 439 000 €	584 089 000 €	576 447 000 €	215 520 990 €	78 492 000 €
Employees	942	1613	1565	1779	1882	1719

Paid taxes, taxable turnover and number of employees

	Turnover	State taxes	Labor taxes and payments	Employees
2025 Q4	-	4 288 970 €	4 320 282 €	1948
2025 Q3	-	4 394 054 €	4 419 320 €	1948
2025 Q2	-	6 787 387 €	6 841 705 €	1927
2025 Q1	-	7 107 280 €	6 814 367 €	1980
2024 Q4	-	6 034 664 €	6 166 789 €	2048
2024 Q3	-	6 262 145 €	6 346 262 €	2048
2024 Q2	-	7 447 860 €	7 420 793 €	2042
2024 Q1	-	7 187 770 €	6 586 424 €	2094
2023 Q4	-	6 515 219 €	6 218 248 €	2182
2023 Q3	-	6 605 557 €	6 703 985 €	2182
2023 Q2	-	8 014 699 €	7 903 350 €	2237
2023 Q1	-	7 492 865 €	6 599 051 €	2333
2022 Q4	-	6 831 367 €	6 073 367 €	2307
2022 Q3	-	5 629 435 €	5 589 489 €	2307
2022 Q2	-	6 532 447 €	6 044 998 €	2059
2022 Q1	-	5 818 071 €	4 924 904 €	1942