ContactTerms
ET/EN/RU
EN
EestiEnglishРусский
nimistuEstonia's public business register
HomeViewsIndustriesBlogSourcesAbout

Public registry of Estonian companies — every fact traceable to a source and a date. Free and ad-free for everyone.

Nimistu MTÜ
Address: Parda tn 8, 10151 Tallinn, Estonia
E-mail: info@nimistu.ee

Browse

  • Home
  • Views
  • Industries
  • Activity licences
  • Recent registrations

Data

  • 79 sources
  • Database
  • Extensions
  • MCP

Organisation

  • About
  • FAQ
  • For journalists
  • Donate
  • Donation terms
  • Refunds
  • Terms
  • Privacy
  • Contact
© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
ContactTerms
ET/EN/RU
EN
EestiEnglishРусский
nimistu
Search›Companies›OÜ Kaarelao
14851641ActivePrivate limited companyEE102290954 · VAT-registered

OÜ Kaarelao

Hiiu maakond, Hiiumaa vald, Linnumäe küla, Kaarelao·EMTAK 3512 — Production of electricity from renewable sources·6+ years
Andmed · ···
On this page
SanctionsOverviewOfficersShareholdersFoundersOther rolesForeign parentSubsidiariesFinancialsTax filingsPledgesPledges as creditorLicencesNoticesTech stackCourt rulingsTVK decisionsBlacklistLabour inspectorateHazardous facilityDPA decisionsTax-deductibleEU lobby registerTrademarksPatentsReal estateVehiclesGrantsProcurementsDocumentsState paymentsActivityConnected companies
Extension

Right in search

nimistu card above Google, Bing and DuckDuckGo results.

Chrome→Firefox→Edge→
Free · ~14 KB
See the extension →

Overview

e-Business Register · 7 h ago
Registry code
e-Business Register
Legal form
Private limited company
Registered
19.11.2019e-Business Register
Address
Kaarelao, Linnumäe küla, Hiiumaa vald, 92422 Hiiu maakondADS · e-Business Register
E-mail address
herki.sai@gmail.come-Business Register
Telephone
+372 5201384· Telia Eesti ASe-Business Register · TTJA NBA
Principal activity
EMTAK 3512 - Production of electricity from renewable sourcese-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
2500,00 €e-Business Register
LEI
984500A0VB8489E84969 · issued 10.10.2021GLEIF
Estonia's public business register
HomeViewsIndustriesBlogSourcesAbout

Public registry of Estonian companies — every fact traceable to a source and a date. Free and ad-free for everyone.

Nimistu MTÜ
Address: Parda tn 8, 10151 Tallinn, Estonia
E-mail: info@nimistu.ee

Browse

  • Home
  • Views
  • Industries
  • Activity licences
  • Recent registrations

Data

  • 79 sources
  • Database
  • Extensions
  • MCP

Organisation

  • About
  • FAQ
  • For journalists
  • Donate
  • Donation terms
  • Refunds
  • Terms
  • Privacy
  • Contact
© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 7 sourcese-Business Register · 5 min agoMTAGLEIF
e-Business Register ↗

Registered 19. november 2019, primary activity: Production of electricity from renewable sources. Main place of business in Linnumäe küla, Hiiumaa vald, Hiiu maakond.

Revenue 2026 II kv
885 €
▼ 14% vs 2025 II kv
As of 10.07.2026 (MTA)
Employees
–
2026 (MTA)
Taxes paid
144 €
State + labour taxes · 2026 II kv
Tax debt
0 €
As of 10.08.2026 (MTA)
Revenue 2026 (I-II kv)
2k €
▲ 21% vs 2025 I-II kv
As of 10.07.2026 (MTA)
Employees
–
2026 (MTA)
Taxes paid
411 €
State + labour taxes · 2026 (I-II kv)
Tax debt
€0
As of 10.08.2026 (MTA)

Officers

e-Business Register · 7 h ago
HS
Herki Sai
Born 1984 · 42 y · board member since 19.11.2019
Board member

Founders

e-Business Register · 7 h ago
HS
Herki Sai
Born 1984 · 42 y · founder since 19.11.2019
Founder · 3k €

Shareholders

e-Business Register · 7 h ago
HS
Herki Sai
Born 1984 · 42 y · shareholder since 02.09.2023
Shareholder 100% · 3k €

Annual reports (6)

e-Business Register · annual reports · 5 päeva tagasi
Revenue 2025
3k €
↘ -58.0% vs 2024
State taxes 2025
594 €
↘ -45.4% vs 2024
Employees 2025
0
YearRevenueProfitEquity

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.07.2026 as of
20k €10k €0

Tech stack

Tehnoloogiad
Mobile carrier
+372 5201384Telia Eesti AS

History

last 2 years · MTA + ÄR + MTR + Procurements
2026
28.05.2026ReportEsitati 2025. aasta aruanne— Käive 2770 €
2025
02.06.2025ReportEsitati 2024. aasta aruanne— Käive 6600 €

Connected companies

Same-person ties · e-Business Register

OÜ Kaarelao is connected to 22 other companies through 1 person who hold a role here and elsewhere. The strongest tie runs through Herki Sai (22 companies).

Total connections
22
via 1 person
Connecting people
1
Active here
Distinct roles
3
Board member · Founder
Strongest tie
Herki
22 companies
Via personHerki Sai
Assets
Employees
20252770 €3166 €60k €60k €028.05.2026
20246600 €5973 €57k €57k €002.06.2025
20236733 €7235 €51k €75k €019.06.2024
202223 628 €27 780 €44k €68k €007.06.2023
20218601 €13 454 €16k €51k €001.06.2022
20200 €0 €3k €38k €008.06.2021
Original files in PDF – the full register on e-Business Register.View reports on e-Business Register
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I-II Q1710 €411 €0 €–
20252803 €594 €0 €–
20245530 €1088 €0 €–
20236806 €1295 €0 €–
202223 650 €4655 €0 €–
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 2026825 €885 €––
State taxes 2026267 €144 €––
Taxes on workforce 20260 €0 €––
Employees 2026––––
Revenue 2025376 €1k €651 €741 €
State taxes 2025114 €201 €131 €148 €
Taxes on workforce 20250 €0 €0 €0 €
Employees 2025––––
Revenue 2024217 €2k €3k €1k €
State taxes 202426 €334 €513 €215 €
Taxes on workforce 20240 €0 €0 €0 €
Employees 2024––––
Revenue 2023510 €2k €3k €1k €
State taxes 2023102 €426 €510 €257 €
Taxes on workforce 20230 €0 €0 €0 €
Employees 2023––––
Revenue 2022610 €6k €12k €5k €
State taxes 2022118 €1k €2k €902 €
Taxes on workforce 20220 €0 €0 €0 €
Employees 2022––––
22
HS
Herki Sai
board member, founder, shareholder 100%
22 other companies›
CompanyRoleReg. code
H.S Property Holding OÜ
Shareholder 100%FounderBoard member
14006992
Laugi Jahiselts
Board member
80090684
Lootsi 21 OÜ
Shareholder 100%FounderBoard member
16238554
MTÜ Mönus Saar
Board memberFounder
80670105
Osaühing FERALMET
Board member
11524545
Osaühing Feralmet Halupuu
Board memberFounder
12438730
Osaühing Kapra Vanametall
Founder
12208740
Osaühing Sikassaare Vanametall
Board memberShareholder 100%
11494695
OÜ H.S Investeeringute Grupp
Board memberShareholder 100%
10817794
OÜ Jõeääre Kodud
Board member
17474104
OÜ kaarelao1
Board memberShareholder 100%Founder
14851724
OÜ Kaarelao2
Board memberShareholder 100%Founder
14851977
OÜ Kaarelao3
Board memberShareholder 100%Founder
14852020
OÜ Kaareplatsi
Board memberShareholder 100%Founder
14851782
OÜ Pihtla Investeeringute Grupp
Board member
17519858
OÜ Tage põllud
Shareholder 100%Board memberFounder
16069726
… and 6 more · see on the person page ↗

Analysis · 2025

computed from annual reports
Revenue3k €median 13k €22% of the sector median
Net margin114.3%median 4.2%+110.1 pp vs sector median
Revenue change-58.0%median -27.2%-30.9 pp vs sector median
Equity ratio100.0%
Current ratio259.33
Labour cost of revenue0.0%
Compared with2024revenue 7k €

Peer group: Elektrienergia tootmine taastuvatest energiaallikatest, 43 trading companies that filed a report in the last three years.

Founded 2019. That year 16,302 osaühing were registered; 15,709 are still trading, or 96.4%.