ETENRU
RegisteredTartu County
Registry code
14975662
VAT number
EE102258284
Address
Tartu maakond, Tartu linn, Tartu linn, N. Lunini tn 36, 50406
Registered
21.05.2020 · 6 yrs
Activity
Electrical installation 4321
Capital
2 500 €
Email
m•••@g•••.comLog in to see
Phone
+372 5•• ••••Log in to see
Business Register 06.10.2026
Sales revenue67 005 €-24%2025 annual report
Profit8 070 €2025 annual report
Employees1Tax Board 2026 Q2
Average gross salary756 €estimate, Tax Board 2026 Q2
Labour taxes per quarter1 157 €Tax Board 2026 Q2
Cash29 240 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months67 075 €-29%Tax Board, last 4 quarters
State taxes 12 months9 719 €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 17 902 €
29 k29 k17 k20 k14 k19 k16 k18 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
A
Good, low risk
80 / 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 → A
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 29% vs a year earlier
Notification when something changes
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Data

Board and owners

1 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Madis Lai1 companyno tax debtPersonal ID ↗21.05.2020
Shareholders 1
Madis Lai100,0% 2 500 €01.09.2023
Beneficial owners 1
Madis Lai1 companyno tax debtdirect holding21.05.2020

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue13,6%
Labour taxes / revenue6,5%
Revenue per employee per month5 967 €
Gross salary (estimate)756 €
Net salary (estimate)723 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q217 902 €▼ 9%1 157 €2 435 €1
2026 Q115 874 €▼ 8%1 099 €3 050 €1
2025 Q418 876 €▼ 34%1 085 €2 664 €1
2025 Q314 423 €▼ 51%1 085 €1 570 €1
2025 Q219 625 €▲ 28%1 085 €2 332 €1
2025 Q117 267 €▲ 49%1 006 €3 151 €1
2024 Q428 774 €▲ 59%963 €3 322 €1
2024 Q329 415 €▲ 153%963 €3 242 €1
2024 Q215 303 €▲ 7%963 €2 332 €1
2024 Q111 592 €▼ 15%858 €1 275 €1
2023 Q418 113 €▼ 61%806 €2 181 €1
2023 Q311 632 €▼ 63%806 €1 190 €1
Show full history (18 quarters)
2023 Q214 238 €▼ 45%1 627 €2 702 €1
2023 Q113 707 €▲ 12%1 913 €2 923 €2
2022 Q446 236 €1 893 €4 730 €2
2022 Q331 188 €1 893 €2 647 €2
2022 Q225 908 €1 893 €3 021 €2
2022 Q112 215 €1 736 €1 756 €2

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 revenue67 005 €▼ 24%87 839 €▲ 46%60 363 €▼ 47%115 k €▲ 48%77 694 €
Profit8 070 €▼ 48%15 628 €▲ 68×229 €▼ 55%511 €▲ 444%94 €
Profit margin12,0%17,8%0,4%0,4%0,1%
Retained earnings16 542 €▲ 18×914 €▲ 33%685 €▲ 294%174 €▲ 118%80 €
Cash29 240 €▲ 90%15 408 €0 €▼ 100%3 854 €—
Current assets29 240 €▲ 45%20 121 €▲ 143%8 283 €▼ 36%13 044 €▲ 72%7 586 €
Assets29 240 €▲ 45%20 121 €▲ 143%8 283 €▼ 36%13 044 €▲ 72%7 586 €
Current liabilities4 033 €▲ 35%2 984 €▼ 56%6 774 €▼ 42%11 764 €▲ 73%6 817 €
Total liabilities4 033 €▲ 35%2 984 €▼ 56%6 774 €▼ 42%11 764 €▲ 73%6 817 €
Equity25 207 €▲ 47%17 137 €▲ 11×1 509 €▲ 18%1 280 €▲ 66%769 €
Labour costs-14 226 €▼ 8%-13 166 €▲ 10%-14 551 €▲ 31%-21 051 €▼ 12%-18 753 €
Employees10%10%1▼ 50%20%2
Filed18.03.202631.03.202501.05.202408.05.202302.05.2022
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
Electrical installation main activity432167 005 €100%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

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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

5 810 € makseid

Transactions with state institutions

20255 435 €
2024375 €

Largest payers

Riigi Kinnisvara AS5 566 €
Maarjamaa Hariduskolleegium244 €
All payments by month
MonthPayerTypeFieldAmount
09.2025Riigi Kinnisvara ASOperating costsOther general services211 €
03.2025Maarjamaa HariduskolleegiumOperating costsBasic and general secondary education244 €
02.2025Riigi Kinnisvara ASOperating costsOther general services671 €
01.2025Riigi Kinnisvara ASOperating costsOther general services4 309 €
12.2024Riigi Kinnisvara ASOperating costsOther general services375 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

0

No linked companies found

Top 20 in activity: Electrical installation

20

ML Elekter OÜ: place 214 /448

Similar size: Palmers Kinnisvara OÜ, Lambitööd OÜ, Elekserv OÜ, OÜ Teleward, O.V.R. Commerce OÜ, Marmerk OÜ, ALDROFF OÜ, Elektest OÜ, Osaühing PEEMOT, STO Service OÜ

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

Tegevusload

1 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
ElektritöödTEL00376127.05.2020

History and notices

2
DateTypeContent
01.09.2023EntryAmendment entry
21.05.2020EntryFirst entry