Electric Works OÜ

Osaühing · 14440702 · Registrisse kantud

Activity

Electric Works OÜ is a micro enterprise in construction, with declared activity “Elektripaigaldustööd” (EMTAK 43211). Annual revenue stands at 518.0 k € with 3 employees, ranks #2007 of 21,560 in construction.

Construction

Public procurement

Public-sector contracts this company has won via the Estonian Public Procurement Register.

Contract value

76.0 k €

Contracts

Buyers

Most recent

2025-04-21

	Buyer	Value	Year
Tartu Mart Reiniku Kooli elektritööd Elektrijuhtmete ja -seadmete paigaldustööd	Tartu Linnavalitsus	76.0 k €	2025

Overview (2024)

Revenue

518.0 k €

▲ 37.2%YoY

▲ 14×above industry median

Profit

42.4 k €

▲ 2811%YoY

Profit margin

8.2%

Employees

▲ 50.0%YoY

▲ 3.0×above industry median

Revenue per employee

172.7 k €

Cost per employee

26.0 k €

Equity

50.1 k €

Growth

Revenue

518.0 k €

▲ 37.2%

▲ 158%

3y CAGR

—

5y CAGR

Profit

42.4 k €

▲ 2811%

▲ 140%

3y CAGR

—

5y CAGR

Employees

▲ 50.0%

▲ 44.2%

3y CAGR

—

5y CAGR

Trends

Revenue trend

518.0 k €

Profit trend

42.4 k €

Headcount trend

Revenue to profit

Capital structure

Equity50%
Liabilities50%

Financials

Year	Revenue	Growth	Profit	Margin	Employees	Revenue per employee	Equity
2024	518.0 k €	▲ 37.2%	42.4 k €	8%	3	172.7 k €	50.1 k €
2023	377.7 k €	▲ 145%	-1.6 k €	-0%	2	188.9 k €	8.6 k €
2022	154.3 k €	▲ 410%	3.1 k €	2%	2	77.2 k €	10.1 k €
2021	30.3 k €	▲ 3503%	3.1 k €	10%	1	30.3 k €	7.0 k €
2020	840 €	—	-5 €	-1%	0	—	1.4 k €
2019	—	—	—	—	—	—	—

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Official announcements

Bankruptcy notices, liquidation notices, and other official statements about the company.

View announcements on Ametlikud Teadaanded →

Court rulings

Public court decisions where the company or its registry code is mentioned.

Search court rulings on Riigi Teataja →

General info

Address: Tartu maakond, Nõo vald, Vissi küla, Vahe vkt 3
Registered: 2018-03-05
VAT no.: EE102441172
View in Business Register

Shareholders

Equity holders ranked by ownership percentage.

Ivo Põldver50.00%
Ainuomandsince 2023-09-01
Jarmo Toomas50.00%
Ainuomandsince 2023-09-01

Beneficial owners

Individuals who ultimately own or control the company.

Ivo Põldver
Direct controlEestisince 2022-06-07
Jarmo Toomas
Direct controlEestisince 2018-10-09

Board (2)

Ivo Põldver — Juhatuse liige (since 2022-06-08)
Jarmo Toomas — Juhatuse liige (since 2018-03-05)