Vestman Solar OÜ
- Registry code
- 14819212
- VAT number
- EE102195570
- Address
- Viljandi maakond, Viljandi linn, Tartu tn 4a, 71004
- Registered
- 04.10.2019 · 7 yrs
- Activity
- Transmission of electricity 35123
- Capital
- 25 000 €
- h•••@o•••.eeLog in to see
- Phone
- +372 •• ••••Log in to see
Business Register 06.10.2026
Sales revenue219 k €-40%2025 annual report
Profit-543 k €2025 annual report
Labour taxes per quarter12 750 €Tax Board 2026 Q2
Cash78 029 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months218 k €-38%Tax Board, last 4 quarters
State taxes 12 months28 707 €Tax Board, last 4 quarters
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
Follow companyNotification when something changesRatingBBB → A → BBB → A
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 38% vs a year earlier
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Board and owners
3 persons
| Board 2 | ||
|---|---|---|
| Hannu Lamp7 companiesno tax debt | Personal ID ↗ | 04.10.2019 |
| Madis Vinni6 companiesno tax debt | Personal ID ↗ | 23.09.2024 |
| Other persons 1 | ||
| Nasdaq CSD SEOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist. | 31.07.2020 | |
| Shareholders 4 | ||
| Omanikukonto: AS VESTMAN ENERGIA | 63,0% 15 750 € | 16.08.2023 |
| Omanikukonto: TAUR Varahalduse Osaühing | 18,0% 4 500 € | 16.08.2023 |
| Omanikukonto: LHCARBON OÜ | 10,0% 2 500 € | 16.08.2023 |
| Omanikukonto: OÜ THORSTEN | 9,0% 2 250 € | 16.08.2023 |
| Beneficial owners 1 | ||
| Aivar Berzin1 companyno tax debtkaudne osalus | 04.10.2019 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
State taxes / revenue0,0%
Labour taxes / revenue16,4%
Revenue per employee per month—
Gross salary (estimate)—
Net salary (estimate)—
2026 Q2. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | 77 754 € | ▼ 6% | 12 750 € | 0 € | — |
| 2026 Q1 | 5 923 € | ▼ 57% | 19 096 € | 2 630 € | — |
| 2025 Q4 | 62 476 € | ▼ 25% | 13 742 € | 12 636 € | — |
| 2025 Q3 | 71 976 € | ▼ 59% | 13 835 € | 13 441 € | — |
| 2025 Q2 | 82 418 € | ▼ 22% | 13 670 € | 16 282 € | — |
| 2025 Q1 | 13 829 € | ▲ 5% | 15 881 € | 6 314 € | — |
| 2024 Q4 | 83 078 € | ▼ 15% | 9 443 € | 9 231 € | — |
| 2024 Q3 | 174 031 € | ▼ 13% | 6 400 € | 12 799 € | — |
| 2024 Q2 | 106 221 € | ▼ 24% | 6 349 € | 13 982 € | — |
| 2024 Q1 | 13 154 € | ▼ 60% | 3 222 € | 0 € | — |
| 2023 Q4 | 97 937 € | ▲ 566% | 0 € | 7 414 € | — |
| 2023 Q3 | 200 310 € | ▲ 4255% | 146 € | 17 845 € | — |
Show full history (18 quarters)
| 2023 Q2 | 138 945 € | ▲ 4691% | 0 € | 0 € | — |
| 2023 Q1 | 32 652 € | ▼ 68% | 1 063 € | 0 € | — |
| 2022 Q4 | 14 714 € | 91 € | 1 358 € | — | |
| 2022 Q3 | 4 600 € | 63 € | 0 € | — | |
| 2022 Q2 | 2 900 € | — | — | — | |
| 2022 Q1 | 102 835 € | 1 158 € | 1 467 € | — |
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
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Sales revenue | 219 k € | ▼ 40% | 364 k € | ▼ 21% | 458 k € | 0 € | ▼ 100% | 995 € | |
| Profit | -543 k € | ▼ 62% | -335 k € | ▼ into loss | 229 k € | ▲ into profit | -193 k € | ▼ 192% | -66 141 € |
| Profit margin | -247,8% | -92,1% | 49,9% | — | -6647,3% | ||||
| Retained earnings | 1,5 m € | ▼ 18% | 1,8 m € | ▲ 14% | 1,6 m € | ▲ into profit | -159 k € | ▼ 71% | -92 867 € |
| Cash | 78 029 € | ▲ 505% | 12 890 € | ▼ 97% | 368 k € | ▲ 9% | 338 k € | ▲ 5% | 323 k € |
| Current assets | 105 k € | ▲ 160% | 40 431 € | ▼ 90% | 388 k € | ▼ 60% | 960 k € | ▲ 110% | 456 k € |
| Fixed assets | 8,1 m € | ▼ 1% | 8,2 m € | ▲ 82% | 4,5 m € | ▲ 69% | 2,7 m € | ▼ 30% | 3,8 m € |
| Assets | 8,2 m € | ▼ 1% | 8,3 m € | ▲ 69% | 4,9 m € | ▲ 35% | 3,6 m € | ▼ 15% | 4,2 m € |
| Current liabilities | 488 k € | ▼ 41% | 823 k € | ▲ 92% | 429 k € | ▼ 76% | 1,8 m € | ▲ 197% | 600 k € |
| Long-term liabilities | 6,7 m € | ▲ 14% | 5,9 m € | ▲ 126% | 2,6 m € | ▲ 21% | 2,2 m € | ▼ 43% | 3,8 m € |
| Total liabilities | 7,2 m € | ▲ 7% | 6,7 m € | ▲ 121% | 3,0 m € | ▼ 23% | 3,9 m € | ▼ 10% | 4,4 m € |
| Equity | 973 k € | ▼ 36% | 1,5 m € | ▼ 18% | 1,9 m € | ▲ into profit | -327 k € | ▼ 144% | -134 k € |
| Labour costs | -142 k € | ▼ 59% | -89 392 € | ▼ 35× | -2 545 € | 0% | -2 544 € | 0% | -2 544 € |
| Employees | 2 | ▲ 100% | 1 | 0 | 0 | 0 | |||
| Filed | 30.06.2026 | 30.06.2025 | 30.06.2024 | 30.06.2023 | 28.06.2022 | ||||
| Report | PDF ↓ | 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
| Activity | EMTAK | Sales revenue | Osa |
|---|---|---|---|
| Transmission of electricity main activity | 35123 | 218 588 € | 100% |
2025 annual report, RIK open data
Real estate
e-kinnistusraamat
Loading properties…
Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data
Building permits where the company is a party
10 documents
Documents10
As owner10
As builder0
In the last 12 months10
| Date | Building and address | Document and role | Municipality | |
|---|---|---|---|---|
| 09.09.2026 | Solar power plant Mulgi vald, Ereste küla, Lellopõllu | Notice of use owner | Mulgi vald | EHR → |
| 04.09.2026 | Solar power plant Järva vald, Järva-Madise küla, Jakobi | Building permit application owner | Järva vald | EHR → |
| 04.09.2026 | Solar power plant Kastre vald, Kõnnu küla, Tiigikalda | Building notice owner | Kastre vald | EHR → |
| 04.09.2026 | Solar power plant Rakvere vald, Sämi-Tagaküla, Nõmmepõllu | Building permit application owner | Rakvere vald | EHR → |
| 02.09.2026 | Solar power plant Tapa vald, Loksu küla, Rajala | Building notice owner | Tapa vald | EHR → |
| 02.09.2026 | Solar power plant Kadrina vald, Leikude küla, Abrami | Building notice owner | Kadrina vald | EHR → |
| 02.09.2026 | Solar power plant Rakvere vald, Jäätma küla, Pirgipõllu | Building notice owner | Rakvere vald | EHR → |
| 02.09.2026 | Solar power plant Rakvere vald, Karitsa küla, Metsakünka | Building permit application owner | Rakvere vald | EHR → |
| 02.09.2026 | Solar power plant Väike-Maarja vald, Koila küla, Kusta | Building permit application owner | Väike-Maarja vald | EHR → |
| 02.09.2026 | Solar power plant Rakvere vald, Raudvere küla, Taidla | Building permit application owner | Rakvere vald | EHR → |
All building permits of this company → Source: Register of Construction Works (CC BY-SA 3.0). Private persons are not shown.
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
none
No transactions with state agencies, procurement contracts or grants found
RTK Saldo, Riigihangete register, RTK toetatud projektid
Holdings in other companies
4
| Company | Code | Holding | Since | Revenue |
|---|---|---|---|---|
| OÜ Sakala Tuulepark | 17159555 | 50,0% | 20.01.2025 | 16 035 € |
| Jõeküla Energiapark OÜ | 17414881 | 100,0% | 16.01.2026 | 0 € |
| Ülde Energiapark OÜ | 17224086 | 100,0% | 21.04.2025 | 0 € |
| Rahnoja Energiapark OÜ | 17522180 | 50,0% | 02.06.2026 | 0 € |
Business Register
Companies linked via the board
8
OÜ Maria Mägi AdvokaadibürooMadis Vinni1,0 m €AALHCarbon OÜHannu Lamp96 802 €AVihin OÜMadis Vinni60 000 €AMittetulundusühing Seidla TuuleveskiHannu Lamp401 €AVarudi Tuulepark OÜHannu Lamp0 €BBÜlde Energiapark OÜHannu Lamp, Madis Vinni0 €Jõeküla Energiapark OÜHannu Lamp, Madis Vinni0 €Rahnoja Energiapark OÜHannu Lamp, Madis Vinni0 €
Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Transmission of electricity
20
| # | Company | Revenue |
|---|---|---|
| 1 | OÜ Elelevi | 3,4 m € |
| 2 | Metsapäike OÜ | 3,0 m € |
| 3 | Rummu Päikesepark OÜ | 2,4 m € |
| 4 | Ohaka Energia OÜ | 1,9 m € |
| 5 | OÜ Viljandi Energiabaas | 1,6 m € |
| 6 | Terawatt Energy OÜ | 1,5 m € |
| 7 | KC Solar3 OÜ | 1,4 m € |
| 8 | KC Solar2 OÜ | 1,3 m € |
| 9 | Kanepi Energia OÜ | 1,3 m € |
| 10 | Evecon Solarparks OÜ | 1,3 m € |
| 11 | Elektripäike OÜ | 1,1 m € |
| 12 | Rohepööre OÜ | 1,0 m € |
| 13 | Congsolar OÜ | 938 k € |
| 14 | Metsapäike 2 OÜ | 854 k € |
| 15 | Evecon Solarparks 2 OÜ | 782 k € |
| 16 | Flexenergy OÜ | 751 k € |
| 17 | CUMO Partners OÜ | 725 k € |
| 18 | Metsapäike 3 OÜ | 656 k € |
| 19 | ESTIKO Energia OÜ | 447 k € |
| 20 | Eltech Energy OÜ | 348 k € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Pandid
5 records
Commercial pledges
| Number | Pandipidaja | Amount | Since |
|---|---|---|---|
| 1 | Swedbank AS | 400 000 € | 10.04.2023 |
| 2 | Swedbank AS | 400 000 € | 10.04.2023 |
| 3 | Swedbank AS | 400 000 € | 10.04.2023 |
| 4 | Swedbank AS | 400 000 € | 10.04.2023 |
| 5 | Swedbank AS | 400 000 € | 10.04.2023 |
History and notices
6
| Date | Type | Content |
|---|---|---|
| 23.09.2024 | Entry | Amendment entry |
| 10.04.2023 | Entry | Kommertspandi avamiskanne |
| 10.04.2023 | Entry | Second, constitutive merger entry (on the acquiring company's register card) |
| 14.03.2023 | Order to remedy deficiencies | Second, constitutive merger entry (on the acquiring company's register card) |
| 31.07.2020 | Entry | Amendment entry |
| 04.10.2019 | Entry | First entry |