Hitachi Energy Estonia AS
- Registry code
- 14838818
- VAT number
- EE102205075
- Address
- Harju maakond, Tallinn, Lasnamäe linnaosa, Valukoja tn 8/1, 11415
- Registered
- 31.10.2019 · 6 yrs
- Activity
- Construction of utility projects for electricity and telecommunications 42221
- Additional activities
- Other business support service activities n.e.c.
- Capital
- 25 000 €
- e•••@h•••.comLog in to see
- Website
- www.hitachienergy.com from email
Business Register 08.10.2026
Annual report 2026 not filed, deadline was 30.06.2027
Sales revenue30,4 m €+8%2024 annual report
Profit1,6 m €2024 annual report
Employees208Tax Board 2026 Q2
Average gross salary2 789 €estimate, Tax Board 2026 Q2
Labour taxes per quarter888 k €Tax Board 2026 Q2
Cash0 €Cash 31.03.2025, annual report
Tax debt0 €Tax Board debtor list 08.10.2026
Revenue 12 months58,6 m €+29%Tax Board, last 4 quarters
State taxes 12 months7,3 m €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 (2024)
- VAT registered
Stability
Email right away on tax debt, bankruptcy or board changeRatingAA → A → AA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 29% vs a year earlier
Add the rating badge to your website
The badge code is available to this company's verified account: verification uses a code we send to the company email in the Business Register. The badge updates itself and cannot be bought. Read more
Board and owners
4 persons
| Board 1 | ||
|---|---|---|
| Priit Feldt2 companiesno tax debt | Personal ID ↗ | 30.06.2020 |
| Other persons 3 | ||
| Nasdaq CSD SE1983 companies138 with tax debt40 bankruptShare register keeper | Personal ID ↗ | 31.10.2019 |
| Andrus Aaving2 companiesno tax debtProcurator | Personal ID ↗ | 14.11.2019 |
| Ragne Maaroos1 companyno tax debtProcurator | Personal ID ↗ | 14.11.2019 |
| Beneficial owners 1 | ||
| Priit Feldt2 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member | 06.11.2024 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
State taxes / revenue8,5%
Labour taxes / revenue4,7%
Revenue per employee per month29 998 €
Gross salary (estimate)2 789 €
Net salary (estimate)2 251 €
2026 Q2. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | 18 718 487 € | ▲ 23% | 887 718 € | 1 596 284 € | 208 |
| 2026 Q1 | 14 325 746 € | ▲ 56% | 896 303 € | 1 715 428 € | 209 |
| 2025 Q4 | 16 522 239 € | ▲ 38% | 897 893 € | 2 210 861 € | 201 |
| 2025 Q3 | 9 059 099 € | ▲ 2% | 1 460 805 € | 1 731 807 € | 201 |
| 2025 Q2 | 15 234 192 € | ▲ 52% | 832 989 € | 1 033 695 € | 196 |
| 2025 Q1 | 9 167 182 € | ▼ 13% | 836 480 € | 1 044 822 € | 192 |
| 2024 Q4 | 11 963 787 € | ▲ 18% | 810 842 € | 1 581 605 € | 199 |
| 2024 Q3 | 8 913 347 € | ▼ 16% | 1 163 455 € | 1 399 397 € | 204 |
| 2024 Q2 | 9 995 410 € | ▲ 22% | 723 482 € | 1 025 774 € | 203 |
| 2024 Q1 | 10 558 125 € | ▲ 42% | 728 980 € | 1 116 418 € | 196 |
| 2023 Q4 | 10 135 278 € | ▲ 45% | 701 264 € | 735 908 € | 195 |
| 2023 Q3 | 10 646 655 € | ▲ 40% | 908 366 € | 1 240 007 € | 183 |
Show full history (18 quarters)
| 2023 Q2 | 8 185 083 € | ▲ 82% | 600 274 € | 570 715 € | 184 |
| 2023 Q1 | 7 430 768 € | ▲ 24% | 602 533 € | 671 649 € | 180 |
| 2022 Q4 | 6 970 666 € | 553 979 € | 671 959 € | 175 | |
| 2022 Q3 | 7 626 762 € | 800 953 € | 932 213 € | 169 | |
| 2022 Q2 | 4 485 870 € | 517 076 € | 595 572 € | 163 | |
| 2022 Q1 | 6 011 321 € | 473 793 € | 514 693 € | 163 |
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
4 yr
| 2024 | 2023 | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|
| Sales revenue | 30,4 m € | ▲ 8% | 28,1 m € | ▲ 39% | 20,3 m € | ▲ 43% | 14,1 m € |
| Profit | 1,6 m € | ▲ 53% | 1,1 m € | ▲ 108× | 10 000 € | ▲ into profit | -717 k € |
| Profit margin | 5,4% | 3,8% | 0,0% | -5,1% | |||
| Retained earnings | -283 k € | ▲ 79% | -1,4 m € | ▲ 1% | -1,4 m € | ▼ 110% | -651 k € |
| Cash | 0 € | ▼ 100% | 1,1 m € | ▲ 25% | 915 k € | ▲ 104% | 448 k € |
| Current assets | 15,7 m € | ▲ 59% | 9,9 m € | ▲ 51% | 6,6 m € | ▲ 71% | 3,9 m € |
| Fixed assets | 598 k € | ▼ 26% | 804 k € | ▲ 91% | 421 k € | ▼ 5% | 442 k € |
| Assets | 16,3 m € | ▲ 52% | 10,7 m € | ▲ 53% | 7,0 m € | ▲ 63% | 4,3 m € |
| Current liabilities | 11,2 m € | ▲ 58% | 7,1 m € | ▲ 52% | 4,7 m € | ▲ 15% | 4,1 m € |
| Long-term liabilities | 231 k € | ▼ 46% | 428 k € | ▲ 98% | 216 k € | ▲ 79% | 121 k € |
| Total liabilities | 11,5 m € | ▲ 53% | 7,5 m € | ▲ 54% | 4,9 m € | ▲ 16% | 4,2 m € |
| Equity | 4,8 m € | ▲ 52% | 3,2 m € | ▲ 51% | 2,1 m € | ▲ 21× | 102 k € |
| Labour costs | -10,0 m € | ▼ 21% | -8,3 m € | ▼ 25% | -6,6 m € | ▼ 19% | -5,6 m € |
| Employees | 202 | ▲ 3% | 197 | ▲ 6% | 185 | ▲ 8% | 171 |
| Filed | 29.07.2025 | 09.07.2024 | 04.07.2023 | 14.09.2022 | |||
| Report | 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
2024
| Activity | EMTAK | Sales revenue | Osa |
|---|---|---|---|
| Other business support service activities n.e.c. main activity | 82991 | 15 333 000 € | 50% |
| Construction of utility projects for electricity and telecommunications | 42221 | 15 081 000 € | 50% |
2024 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 08.10.2026
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
50 580 € makseid · 4 tenders
Transactions with state institutions
202350 580 €
Largest payers
| AS Tallinna Linnatransport | 50 580 € |
All payments by month
| Month | Payer | Type | Field | Amount |
|---|---|---|---|---|
| 04.2023 | AS Tallinna Linnatransport | Fixed assets | Public transport organisation | 50 580 € |
Riigi Tugiteenuste Keskus, Saldo makseandmikud
Public procurement contracts
| Date | Contracting authority | Tender | Amount |
|---|---|---|---|
| 11.05.2026 | Elering AS | Procurement contract | 146 930 € |
| 29.12.2025 | Elering AS | Hankeleping (osa 3) | 5 631 722 € |
| 21.06.2025 | Elering AS | Müügileping | 9 178 000 € |
| 30.12.2024 | Elering AS | Hoolduse raamleping | 10 000 000 € |
Public Procurement Register
Holdings in other companies
0
No holdings in other companies
Companies linked via the board
60
AS AlexelaNasdaq CSD SE555,0 m €BBEricsson Eesti AktsiaseltsNasdaq CSD SE416,6 m €AAAS SEB PankNasdaq CSD SE405,8 m €AAAktsiaselts METAPRINTNasdaq CSD SE85,8 m €AAAAS HANZA Mechanics TartuNasdaq CSD SE81,5 m €AAAERGO Insurance SENasdaq CSD SE80,6 m €AAAElke Tallinn ASNasdaq CSD SE62,0 m €AAAaktsiaselts ESTIKO - PLASTARNasdaq CSD SE48,2 m €AAAStockmann AktsiaseltsNasdaq CSD SE42,3 m €AAaktsiaselts PINUSNasdaq CSD SE29,6 m €AAAAktsiaselts BalbiinoNasdaq CSD SE29,5 m €AAAAktsiaselts Magnum VeterinaariaNasdaq CSD SE28,6 m €BBAktsiaselts KROONINGNasdaq CSD SE27,1 m €BInterchemie Werken De Adelaar Eesti aktsiaseltsNasdaq CSD SE25,5 m €BBBSchneider Electric Eesti ASNasdaq CSD SE24,9 m €BAktsiaselts TopautoNasdaq CSD SE21,6 m €AAAktsiaselts Lincona KonsultNasdaq CSD SE19,2 m €AAAAS All Media EestiNasdaq CSD SE17,2 m €AAAktsiaselts PAFERNasdaq CSD SE15,1 m €AAABaltyre Eesti ASNasdaq CSD SE14,8 m €AAAaktsiaselts PristisNasdaq CSD SE13,5 m €AAAAktsiaselts Viru ElektrikaubandusNasdaq CSD SE10,6 m €AAAktsiaselts STANDARDNasdaq CSD SE10,6 m €AAS Eesti LeivatööstusNasdaq CSD SE10,3 m €Aaktsiaselts LTTNasdaq CSD SE10,2 m €AAAMotoral Eesti AktsiaseltsNasdaq CSD SE8,6 m €AAktsiaselts Silmani ElekterNasdaq CSD SE8,0 m €Aaktsiaselts HALS TRADING - TNasdaq CSD SE6,8 m €Aaktsiaselts "Rauameister"Nasdaq CSD SE6,8 m €AAAktsiaselts "Erimell"Nasdaq CSD SE6,4 m €AAAAktsiaselts Taastusravikeskus ViikingNasdaq CSD SE5,8 m €AAAAktsiaselts Loo ElekterNasdaq CSD SE5,5 m €AAAaktsiaselts IKODORNasdaq CSD SE4,9 m €AAAktsiaselts ANTAARESNasdaq CSD SE4,7 m €AACaverion Eesti ASNasdaq CSD SE4,6 m €AAktsiaselts Kiviõli KaubahoovNasdaq CSD SE4,4 m €AAAktsiaselts Metsaküla PiimNasdaq CSD SE3,9 m €AAAaktsiaselts VÕRU VESINasdaq CSD SE3,4 m €AAAaktsiaselts TAUF-AUTONasdaq CSD SE2,9 m €AAAaktsiaselts CISTANasdaq CSD SE2,6 m €AAAPRIMULATOR EESTI AktsiaseltsNasdaq CSD SE2,2 m €AAARTT AktsiaseltsNasdaq CSD SE2,1 m €AAAAS Remedium Kalamaja ApteekNasdaq CSD SE1,7 m €AAaktsiaselts ESTIKONasdaq CSD SE1,6 m €AAAAktsiaselts Ekspress GruppNasdaq CSD SE1,4 m €AALEKON PROPERTY ASNasdaq CSD SE1,2 m €AAAAktsiaselts FotoluksNasdaq CSD SE1,1 m €BBBAktsiaselts LAVEXNasdaq CSD SE692 k €CAktsiaselts Peipsi KalameesNasdaq CSD SE498 k €AAAktsiaselts MihkliNasdaq CSD SE475 k €AAAS Tolaram InvestmentsNasdaq CSD SE380 k €AAAktsiaselts Projekt ENasdaq CSD SE198 k €AAAktsiaselts YearNasdaq CSD SE132 k €CRaisio Eesti AktsiaseltsNasdaq CSD SE120 k €ADeden-Invest AktsiaseltsNasdaq CSD SE51 638 €AKatus ASNasdaq CSD SE13 588 €Aaktsiaselts FaabulaNasdaq CSD SE0 €BBBAktsiaselts TalveaedNasdaq CSD SE · Likvideerimisel0 €CAktsiaselts SpratfilNasdaq CSD SE · Bankrupt0 €CAktsiaselts RoolidNasdaq CSD SE0 €
Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Construction of utility projects for electricity and telecommunications
20
| # | Company | Revenue |
|---|---|---|
| 1 | OÜ Connecto Varad | 146,0 m € |
| 2 | AS Connecto Infra | 119,4 m € |
| 3 | LEONHARD WEISS OÜ | 118,6 m € |
| 4 | Arrow ECS Baltic OÜ | 79,6 m € |
| 5 | Enersense Aktsiaselts | 47,5 m € |
| 6 | AS INF Ehitus | 39,7 m € |
| 7 | Hitachi Energy Estonia AS | 30,4 m € |
| 8 | AS Connecto Eesti | 29,3 m € |
| 9 | E-Service Aktsiaselts | 16,1 m € |
| 10 | Aktsiaselts Elektritsentrum | 15,8 m € |
| 11 | aktsiaselts Eleväli | 15,1 m € |
| 12 | Kagu Elekter OÜ | 13,3 m € |
| 13 | Energiapartner OÜ | 12,3 m € |
| 14 | OÜ Pluvo Eesti | 7,0 m € |
| 15 | ProSystem OÜ | 6,0 m € |
| 16 | osaühing Enera | 5,9 m € |
| 17 | Elero Elekter OÜ | 5,8 m € |
| 18 | Eesti PäikeseVägi OÜ | 5,8 m € |
| 19 | AllSpark Infra OÜ | 5,1 m € |
| 20 | EPCM Consulting OÜ | 4,3 m € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Licences, domains
2 records
Activity licences (MTR and environmental)
| Field | Licence number | Valid from |
|---|---|---|
| Elektritööd | TEL003625 | 01.11.2019 |
Domains
| Domain | Source |
|---|---|
| hitachienergy.com |
History and notices
16
| Date | Type | Content |
|---|---|---|
| 08.08.2024 | Order to remedy deficiencies to correct non-entry data | Amendment entry |
| 10.03.2023 | Entry | Amendment entry |
| 16.11.2021 | Entry | Amendment entry |
| 21.10.2021 | Order to remedy deficiencies | Amendment entry |
| 19.10.2021 | Order to remedy deficiencies | Amendment entry |
| 30.10.2020 | Entry | Amendment entry |
| 30.10.2020 | Eitav kandemäärus | Amendment entry |
| 19.10.2020 | Order to remedy deficiencies | Amendment entry |
| 30.06.2020 | Entry | Amendment entry |
| 16.06.2020 | Order to remedy deficiencies | Amendment entry |
| 25.11.2019 | Entry | Amendment entry |
| 21.11.2019 | Administrative order | Amendment entry |
| 14.11.2019 | Entry | Amendment entry |
| 31.10.2019 | Entry | Esimene, deklaratiivne jagunemiskanne (asutatava isiku registrikaardile) |
| 31.10.2019 | Entry | Kolmas, informatiivne jagunemiskanne (omandava isiku registrikaardile) |
| 31.10.2019 | Entry | Esimene, deklaratiivne jagunemiskanne (omandava isiku registrikaardile) |