Overview
e-Business Register · 5 h ago- Legal form
- Public limited company
- Date of first registration
- 16.06.2000e-Business Register
- Address
- Mustamäe tee 46, Kristiine linnaosa, Tallinn, 10621 Harju maakondADS · e-Business Register
- Telephone
- +372 6989105e-Business Register
- Principal activity
- EMTAK 43241 — Other construction installatione-Business Register · ETCB
- Share capital
- 25 600,00 €e-Business Register
- LEI
- 529900MNT9NC7LWE7471 · issued 07.02.2014GLEIF
Officers (4)
e-Business Register · 5 h agoZM
Born 1973 · 53 y · supervisory board member since 27.03.2026
Supervisory board member
SM
Born 1969 · 57 y · supervisory board member since 27.03.2026
Supervisory board member
Founders
e-Business Register · 5 h agoAA
ABB Alstom Power N.V.FOREIGN
Foreign / not in register · founder since 16.06.2000
Founder
Shareholders
e-Business Register · 5 h agoAK
Ajutine konto: GE Power Global B.VFOREIGN
Foreign / not in register · shareholder since 08.09.2020
Shareholder 100% · €26k
Beneficial owners (5)
e-Business Register · 5 h agoTW
Born 1961 · 65 y · ultimate beneficial owner since 24.10.2018
Ultimate beneficial owner
HL
Born 1963 · 63 y · ultimate beneficial owner since 24.10.2018
Ultimate beneficial owner
SM
Born 1969 · 57 y · ultimate beneficial owner since 15.04.2026
Ultimate beneficial owner
ZM
Born 1973 · 53 y · ultimate beneficial owner since 15.04.2026
Ultimate beneficial owner
Other persons (2)
e-Business Register · 5 h agoNC
Nasdaq CSD SEFOREIGN
Foreign / not in register · registrar of the shares since 28.09.2017
Registrar of the shares
Annual reports (7)
e-Business Register · annual reports · 2 päeva tagasiRevenue · 2019–2024
€283klatest
€10.0m€5.0m−1 €
201920222024
Profit · 2019–2025
€66klatest
€100k€-5.0m€-10.0m
201920222025
| Year | Revenue | Profit | Equity | Assets | Employees | |
|---|---|---|---|---|---|---|
| 2025 | — | 65 880 € | 240 196 € | €301k | — | 21.04.2026 |
| 2024 | 282 938 € | −373 731 € | 180 990 € | €501k | 1 | 12.06.2025 |
| 2023AUD | 0 € | −7 589 433 € | 2 424 721 € | €11.9m | 2 | 26.06.2024 |
| 2022AUD | 369 755 € | −546 285 € | 45 958 132 € | €46.8m | 3 | 28.06.2023 |
| 2021AUD | 1 414 508 € | −926 367 € | 46 508 566 € | €48.4m | 8 | 27.12.2022 |
| 2020AUD | 811 308 € | −1 315 906 € | 50 991 079 € | €52.3m | 11 | 27.10.2021 |
| 2019AUD | 8 761 218 € | −355 257 € | 52 132 396 € | €62.8m | 19 | 30.03.2021 |
Original files (PDF, XBRL) — in the e-Business Register.View reports on e-Business Register
Taxes, revenue and employees
Estonian Tax and Customs Board · 10.04.2026 as of€2.0m€1.0m0
2022202320242025
| Year | Revenue (a) | State taxes | Taxes on workforce | Employees (Q4) |
|---|---|---|---|---|
| 2025I-III Q | 0 € | 307 086 € | 2667 € | — |
| 2024 | 294 290 € | 9 070 640 € | 90 759 € | 1 |
| 2023 | 149 131 € | 175 827 € | 192 893 € | 1 |
| 2022 | 2 005 926 € | 288 309 € | 212 104 € | 2 |
Quarterly breakdown
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Revenue 2025 | 0 € | 0 € | 0 € | — |
| State taxes 2025 | €305k | €2k | — | — |
| Taxes on workforce 2025 | 468 € | €2k | — | — |
| Employees 2025 | — | — | — | — |
| Revenue 2024 | €266k | €29k | 0 € | 0 € |
| State taxes 2024 | €9.0m | €22k | €32k | €9k |
| Taxes on workforce 2024 | €23k | €24k | €34k | €10k |
| Employees 2024 | 1 | — | — | — |
| Revenue 2023 | €10k | €121k | €13k | €5k |
| State taxes 2023 | €55k | €49k | €61k | €11k |
| Taxes on workforce 2023 | €58k | €52k | €65k | €18k |
| Employees 2023 | 2 | 2 | 1 | 1 |
| Revenue 2022 | €141k | €78k | €1.2m | €537k |
| State taxes 2022 | €61k | €64k | €62k | €102k |
| Taxes on workforce 2022 | €63k | €68k | €41k | €40k |
| Employees 2022 | 4 | 3 | 3 | 2 |
Licences (7)
Majandustegevuse register · 7 h tagasiHistory (57)
e-Business Register · entries22.07.2025
Amending entry
Entry no. 24
22.07.2025
Amending entry
Ä 10049788 / 24 · Status: In force
15.07.2025
Korraldav määrus
Ä 10049788 / M10 · Status: In force
15.05.2025
Amending entry
Entry no. 23
15.05.2025
Amending entry
Ä 10049788 / 23 · Status: In force
Show 52 more events
06.05.2025
Lõpetamiskanne
Entry no. 22
06.05.2025
Lõpetamiskanne
Ä 10049788 / 22 · Status: In force
20.01.2023
Amending entry (ÄS § 525 lg 2 alusel)
Entry no. 21
20.01.2023
Amending entry
Entry no. 20
20.01.2023
Amending entry
Ä 10049788 / 20 · Status: In force
20.01.2023
Amending entry (ÄS § 525 lg 2 alusel)
Ä 10049788 / 21 · Status: In force
12.08.2019
Amending entry
Entry no. 19
12.08.2019
Amending entry
Ä 10049788 / 19 · Status: In force
18.02.2019
Amending entry
Entry no. 18
18.02.2019
Amending entry
Ä 10049788 / 18 · Status: In force
08.02.2019
Amending entry
Entry no. 17
08.02.2019
Amending entry
Ä 10049788 / 17 · Status: In force
08.02.2019
Amending entry
Ä 10049788 / M9 · Status: Puudused kõrvaldatud
07.08.2018
Amending entry
Entry no. 16
07.08.2018
Amending entry
Ä 10049788 / 16 · Status: In force
28.03.2018
Amending entry
Ä 10049788 / M8 · Status: Puudused kõrvaldatud
17.01.2018
Amending entry
Entry no. 15
17.01.2018
Amending entry
Ä 10049788 / 15 · Status: In force
07.11.2017
Amending entry
Entry no. 14
07.11.2017
Amending entry
Ä 10049788 / 14 · Status: In force
28.09.2017
Amending entry
Entry no. 13
28.09.2017
Amending entry
Ä 10049788 / 13 · Status: In force
30.03.2017
Amending entry (ÄS § 525 lg 2 alusel)
Entry no. 12
30.03.2017
Amending entry (ÄS § 525 lg 2 alusel)
Ä 10049788 / 12 · Status: In force
05.12.2016
Amending entry
Entry no. 11
05.12.2016
Amending entry
Ä 10049788 / 11 · Status: In force
15.11.2016
Amending entry
Ä 10049788 / M7 · Status: Puudused kõrvaldatud
10.10.2016
Amending entry
Ä 10049788 / M6 · Status: Puudused kõrvaldatud
01.09.2016
Amending entry
Entry no. 10
01.09.2016
Amending entry
Ä 10049788 / 10 · Status: In force
07.12.2015
Amending entry
Entry no. 9
07.12.2015
Amending entry
Ä 10049788 / 9 · Status: In force
17.05.2013
Puuduste kõrvaldamise määrus kandeväliste andmete parandamiseks
Ä 10049788 / M5 · Status: In force
27.01.2011
Amending entry
Entry no. 8
27.01.2011
Amending entry
Ä 10049788 / 8 · Status: In force
20.01.2011
Amending entry
Ä 10049788 / M4 · Status: In force
19.05.2010
Amending entry
Entry no. 7
19.05.2010
Amending entry
Ä 10049788 / 7 · Status: In force
16.04.2010
Amending entry
Ä 10049788 / M3 · Status: In force
04.12.2009
Amending entry
Entry no. 6
04.12.2009
Amending entry
Ä 49788 / 6 · Status: In force
04.12.2008
Amending entry
Entry no. 5
03.12.2008
Amending entry
Ä 49788 / 5 · Status: In force
08.04.2004
Amending entry
Entry no. 4
08.04.2004
Amending entry
Ä 49788 / 4 · Status: In force
31.03.2004
Amending entry
Ä 49788 / M2 · Status: In force
03.08.2003
Märkus
Entry no. 3
31.07.2003
Märkus
Ä 49788 / 3 · Status: In force
20.06.2002
Avaldatav muutmiskanne
Entry no. 2
20.06.2002
Avaldatav muutmiskanne
Ä 49788 / 2 · Status: In force
08.04.2002
Avaldatav muutmiskanne
Ä 49788 / M1 · Status: In force
16.06.2000
First entry
Entry no. 1
Connected companies
Via the same personPersons connected to this company also hold roles in 8 other companies.
Jana KütsonLiquidator · 8 other companies