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Search›Companies›SolarBay OÜ
16286091ActivePrivate limited companyEE102418422 · VAT-registered

SolarBay OÜ

Harju maakond, Rae vald, Aruvalla küla, Vana-Anepalu·EMTAK 43211 — Electrical installation work·5+ years
Andmed · ···
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Overview

e-Business Register · 21 h ago
Registry code
e-Business Register
Legal form
Private limited company
Registered
06.08.2021e-Business Register
Address
Vana-Anepalu, Aruvalla küla, Rae vald, 75320 Harju maakondADS · e-Business Register
E-mail address
raul.malsub@gmail.come-Business Register
Principal activity
EMTAK 43211 - Electrical installation worke-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
2500,00 €e-Business Register
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

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  • 79 sources
  • Database
  • Extensions
  • MCP

Organisation

  • About
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© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 7 sourcese-Business Register · 7 min agoMTAMTR
e-Business Register ↗

Registered 6. august 2021, primary activity: Electrical installation work. Main place of business in Aruvalla küla, Rae vald, Harju maakond.

Revenue 2026 II kv
37 310 €
▲ 85% vs 2025 II kv
As of 10.07.2026 (MTA)
Employees
–
2026 (MTA)
Taxes paid
2465 €
State + labour taxes · 2026 II kv
Tax debt
0 €
As of 09.08.2026 (MTA)
Revenue 2026 (I-II kv)
39k €
▼ 37% vs 2025 I-II kv
As of 10.07.2026 (MTA)
Employees
–
2026 (MTA)
Taxes paid
3k €
State + labour taxes · 2026 (I-II kv)
Tax debt
€0
As of 09.08.2026 (MTA)

Officers (2)

e-Business Register · 21 h ago
MM
Mart Malsub
Born 1984 · 42 y · board member since 06.08.2021
Board member
RM
Raul Malsub
Born 1977 · 48 y · board member since 06.08.2021
Board member

Founders (4)

e-Business Register · 21 h ago
MO
Madis Org
Born 1983 · 43 y · founder since 05.08.2021
Founder · 625 €
RM
Raul Malsub
Born 1977 · 48 y · founder since 05.08.2021
Founder · 625 €
MM
Mart Malsub
Born 1984 · 42 y · founder since 05.08.2021
Founder · 625 €
CU

Shareholders (2)

e-Business Register · 21 h ago
MM
Mart Malsub
Born 1984 · 42 y · shareholder since 02.09.2023
Shareholder 50% · 1k €
RM
Raul Malsub
Born 1977 · 48 y · shareholder since 02.09.2023
Shareholder 50% · 1k €

Annual reports (3)

e-Business Register · annual reports · 4 päeva tagasi
Revenue 2024
8k €
↘ -95.0% vs 2023
State taxes 2025
23k €
↗ +39.0% vs 2023
Employees 2024
0
YearRevenueProfitEquity

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.07.2026 as of
100k €50k €0

Licences (1)

MTR · 20 h tagasi
Active licences
1
Other1
Oldest · Newest
2022→2022
Oldest licenceTEL004296 · 06.10.2022
Active1 / 1
TEL004296
Elektritööd
Majandustegevusteade
From06.10.2022
UntilOpen-ended
Valid

History

last 2 years · MTA + ÄR + MTR + Procurements
2026
08.01.2026ReportEsitati 2024. aasta aruanne— Käive 8297 €
2024
03.12.2024ReportEsitati 2023. aasta aruanne— Käive 165 010 €
06.09.2024FilingHoiatusmäärus registrist kustutamiseks: majandusaasta aruanne esitamata— Ä 50179947 / M2 · Olek: Puudused kõrvaldatud

Connected companies

Same-person ties · e-Business Register

SolarBay OÜ is connected to 27 other companies through 4 people who hold a role here and elsewhere. The strongest tie runs through Madis Org (11 companies).

Total connections
27
via 4 people
Connecting people
4
Active here
Distinct roles
3
Board member · Founder
Strongest tie
Madis
11 companies
Via personMadis Org
Criss Uudam
Born 1983 · 43 y · founder since 05.08.2021
Founder · 625 €
Assets
Employees
20248297 €−57 194 €83k €245k €008.01.2026
2023165 010 €79 942 €140k €269k €003.12.2024
202283 246 €59 962 €60k €186k €021.08.2023
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 Q39 224 €2634 €0 €–
2025179 578 €23 080 €0 €–
202432 758 €5556 €0 €–
2023149 266 €16 602 €0 €–
202282 846 €4666 €0 €–
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 20262k €37k €––
State taxes 2026169 €2k €––
Taxes on workforce 20260 €0 €––
Employees 2026––––
Revenue 202542k €20k €65k €53k €
State taxes 20254k €3k €5k €12k €
Taxes on workforce 20250 €0 €0 €0 €
Employees 2025––––
Revenue 202423k €7k €3k €350 €
State taxes 20244k €1k €–0 €
Taxes on workforce 20240 €0 €–0 €
Employees 2024––––
Revenue 202319k €35k €57k €39k €
State taxes 20232k €4k €4k €7k €
Taxes on workforce 20230 €0 €0 €0 €
Employees 2023––––
Revenue 202212k €8k €12k €51k €
State taxes 20222k €157 €2k €0 €
Taxes on workforce 20220 €0 €0 €0 €
Employees 2022––––
11
Criss Uudam10
Mart Malsub4
Raul Malsub2
MO
Madis Org
founder
11 other companies›
CompanyRoleReg. code
CUMO Agro OÜ
Board memberShareholder 50%Founder
16227734
CUMO Partners OÜ
Board memberShareholder 50%
12256207
Elinis OÜ
Board member
12282133
Kengtung OÜ
Board memberShareholder 100%Founder
16988083
Kerwel Crafts OÜ
Board memberShareholder 100%Founder
16884739
Lihula Põllud OÜ
Board member
16560511
MindMap OÜ
Board memberShareholder 100%Founder
14292288
OÜ Agrofields
Board member
16667893
OÜ Megavatt
Shareholder 50%FounderBoard member
14828180
Sihverplaat OÜ
Shareholder 100%FounderBoard member
17014762
Tallinn, Kaera tn 9, Kaera tn 9a korteriühistu
Board member
80420733
CU
Criss Uudam
founder
10 other companies›
CompanyRoleReg. code
CUMO Agro OÜ
Board memberShareholder 50%Founder
16227734
CUMO Partners OÜ
Board memberShareholder 50%
MM
Mart Malsub
board member, founder, shareholder 50%
4 other companies›
CompanyRoleReg. code
Anepalu OÜ
Board memberShareholder 100%Founder
12699531
EasyFit Insulation OÜ
Board memberShareholder 50%
RM
Raul Malsub
board member, founder, shareholder 50%
2 other companies›
CompanyRoleReg. code
Ayren Holding OÜ
Shareholder 0%
16803652
IseKallur OÜ
Shareholder 0%
12822302
12256207
Kaldapargi Solar OÜ
Board member
16921475
Lihula Põllud OÜ
Board member
16560511
Montgo OÜ
Board memberShareholder 100%Founder
16990039
OÜ Megavatt
Shareholder 50%Board member
14828180
Pärnu linn, Pilli tn 3 korteriühistu
Board member
80533259
Rajud ja hallad OÜ
Shareholder 50%
12378962
Svert OÜ
Shareholder 100%FounderBoard member
16989125
Toorm OÜ
Shareholder 100%FounderBoard member
14827816
Founder
14764288
Hein OÜ
Board memberFounderShareholder 100%
14550483
Kontakttelevisiooni AS
Supervisory board member
10519051

Analysis · 2024

computed from annual reports
Revenue8k €median 49k €17% of the sector median
Net margin-689.3%median 4.4%-693.8 pp vs sector median
Revenue change-95.0%median 2.7%-97.7 pp vs sector median
Equity ratio33.7%
Current ratio1.51
Labour cost of revenue0.0%
Compared with2023revenue 165k €

Peer group: Elektripaigaldustööd, 1,084 trading companies that filed a report in the last three years.

Founded 2021. That year 19,673 osaühing were registered; 18,994 are still trading, or 96.6%.