ETENRU
RegisteredHarju County
Registry code
12205523
VAT number
EE101605728
Address
Harju maakond, Tallinn, Kesklinna linnaosa, Maakri tn 19/1, 10145
Registered
14.12.2011 · 14 yrs
Activity
Elektrienergia müük 35151
Additional activities
Valdusfirmade tegevus, Rental and operating of own or leased real estate
Capital
7 650 000 €
Email
u•••@u•••.eeLog in to see
LEI
549300N7YKBYSXV1G512 ISSUED
Business Register 06.10.2026
Sales revenue20,2 m €+586%2025 annual report
Employees14Tax Board 2026 Q2
Average gross salary7 756 €estimate, Tax Board 2026 Q2
Labour taxes per quarter166 k €Tax Board 2026 Q2
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months248,7 m €+7%Tax Board, last 4 quarters
State taxes 12 months7,0 m €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 62,7 mln €
26,5 M48,6 M94,2 M64,1 M26,4 M48,4 M111,2 M62,7 M
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
A
Good, low risk
74 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 06.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingAA → BB → A
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 7% vs a year earlier
Email right away on tax debt, bankruptcy or board change
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Data

Board and owners

4 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 3
Liina-Maarja Blumfeldt2 companiesno tax debtPersonal ID ↗07.01.2026
Priit Brus3 companiesno tax debtPersonal ID ↗07.01.2026
Priit Koit10 companiesno tax debtPersonal ID ↗18.03.2013
Other persons 1
Nasdaq CSD SEOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist.28.09.2017
Shareholders 1
Omanikukonto: FS CORE UTILITIES S.A R.L.100,0% 7 650 000 €16.08.2023
Beneficial owners 6
Daniella Maria Anna Matizmember of the senior management body, i.e. management or supervisory board member09.05.2025
Gwenaëlle Bernadette Andrée Dominique Cousinmember of the senior management body, i.e. management or supervisory board member03.04.2024
Kristjan Rahu8 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member05.12.2022
Leroy Rudolf Valentijn Mullermember of the senior management body, i.e. management or supervisory board member05.12.2022
Luc Roger Marie Joseph Regentmember of the senior management body, i.e. management or supervisory board member03.04.2024
Priit Koit10 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member05.12.2022

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue0,0%
Labour taxes / revenue0,3%
Revenue per employee per month1 492 646 €
Gross salary (estimate)7 756 €
Net salary (estimate)5 986 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q262 691 130 €▼ 2%166 144 €0 €14
2026 Q1111 175 616 €▲ 18%239 221 €6 420 621 €13
2025 Q448 410 125 €▼ 0%152 394 €571 644 €14
2025 Q326 390 790 €▼ 0%671 015 €0 €14
2025 Q264 088 074 €▲ 26%146 293 €5 372 301 €14
2025 Q194 236 104 €▲ 1%189 045 €7 331 516 €13
2024 Q448 560 888 €▼ 11%132 673 €1 712 490 €13
2024 Q326 497 549 €▲ 65%461 752 €0 €13
2024 Q250 949 965 €▼ 11%136 244 €3 041 994 €13
2024 Q193 055 403 €▼ 12%167 323 €6 634 686 €13
2023 Q454 476 615 €▼ 19%123 754 €0 €13
2023 Q316 091 131 €▼ 62%474 817 €0 €13
Show full history (18 quarters)
2023 Q257 036 796 €▼ 30%129 839 €0 €13
2023 Q1105 312 349 €▼ 25%138 498 €3 379 661 €12
2022 Q467 544 651 €96 749 €0 €11
2022 Q342 152 633 €359 846 €0 €11
2022 Q281 311 980 €88 860 €7 253 603 €11
2022 Q1139 789 503 €157 946 €13 196 248 €11

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue20,2 m €▲ 586%2,9 m €▲ 14%2,6 m €▲ 21%2,1 m €▲ 19%1,8 m €
Profit—181 k €▼ 99%32,5 m €▲ 526%5,2 m €—
Profit margin—6,2%1261,8%243,0%—
Retained earnings—27,6 m €▲ 25×1,1 m €▲ 21%911 k €—
Cash—22 000 €▼ 99%3,2 m €▼ 75%12,7 m €—
Current assets—6,9 m €▲ 16%6,0 m €▼ 73%22,3 m €—
Fixed assets—486,9 m €▲ 11%438,9 m €▲ 33%331,0 m €—
Assets557,0 m €▲ 13%493,8 m €▲ 11%445,0 m €▲ 26%353,3 m €▲ 18%298,6 m €
Current liabilities—10,1 m €▲ 250%2,9 m €▼ 57%6,7 m €—
Long-term liabilities—448,3 m €▲ 12%400,8 m €▲ 20%332,8 m €—
Total liabilities—458,4 m €▲ 14%403,7 m €▲ 19%339,5 m €—
Equity—35,4 m €▼ 14%41,3 m €▲ 200%13,8 m €—
Labour costs—-2,6 m €▼ 45%-1,8 m €▲ 5%-1,9 m €—
Employees16▲ 7%150%15▲ 15%130%13
Filed30.06.202630.06.202530.06.202430.06.202330.06.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Elektrienergia müük main activity3515117 086 375 €85%
Valdusfirmade tegevus642112 505 744 €12%
Rental and operating of own or leased real estate68201485 846 €2%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 06.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

5,0 mln € makseid · 1 tenders

Transactions with state institutions

20253,5 m €
20241,5 m €

Largest payers

KLIIMAMINISTEERIUM4 973 820 €
All payments by month
MonthPayerTypeFieldAmount
12.2025KLIIMAMINISTEERIUMMuud toetusedSaaste vähendamine5 988 €
10.2025KLIIMAMINISTEERIUMMuud toetusedSaaste vähendamine134 008 €
04.2025KLIIMAMINISTEERIUMMuud toetusedSaaste vähendamine184 377 €
03.2025KLIIMAMINISTEERIUMMuud toetusedSaaste vähendamine1 882 781 €
01.2025KLIIMAMINISTEERIUMMuud toetusedSaaste vähendamine1 278 904 €
12.2024KLIIMAMINISTEERIUMMuud toetusedSaaste vähendamine297 819 €
10.2024KLIIMAMINISTEERIUMMuud toetusedSaaste vähendamine913 065 €
09.2024KLIIMAMINISTEERIUMMuud toetusedSaaste vähendamine13 664 €
07.2024KLIIMAMINISTEERIUMMuud toetusedSaaste vähendamine263 214 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Public procurement contracts

DateContracting authorityTenderAmount
26.02.2025Osaühing UtilitasToetuse saaja ost

Public Procurement Register

Holdings in other companies

3
CompanyCodeHoldingSinceRevenue
OÜ Utilitas Tallinna Elektrijaam10938397100,0%16.08.202365,1 m €
Tuulepealne Maa OÜ14218547100,0%22.09.20239,6 m €
OÜ Utilitas Wind1617112350,0%16.08.2023649 k €

Business Register

Companies linked via the board

12

Top 20 in activity: Elektrienergia müük

20

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Licences, pledges, domains

No data

History and notices

21
DateTypeContent
07.01.2026EntryAmendment entry
07.01.2026Order annulling an orderAmendment entry
28.04.2021EntryMuutmiskanne ÄS § 525 lg 2 alusel
23.03.2018EntryAmendment entry
17.01.2018EntryAmendment entry
02.12.2017EntryAmendment entry
28.09.2017EntryAmendment entry
14.09.2016EntryAmendment entry
30.08.2013EntryAmendment entry
22.04.2013EntryAmendment entry
18.03.2013EntryAmendment entry
15.03.2013Order to remedy deficienciesAmendment entry
13.03.2013Order to remedy deficienciesAmendment entry
11.12.2012EntryMuutmiskanne ÄS § 525 lg 2 alusel
23.10.2012EntryAmendment entry
15.10.2012EntryAmendment entry
28.09.2012EntryAmendment entry
11.05.2012EntryAmendment entry
27.04.2012Order to remedy deficienciesAmendment entry
22.12.2011Märge osade või aktsiate registreerituse kohta EVK-sMärkus
14.12.2011EntryFirst entry