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Utilitas Tallinn AS (Estonia)

Main Activities: Water, Sewage and Other Systems | Steam and Air-Conditioning Supply
Full name: Utilitas Tallinn AS Profile Updated: June 28, 2023
Buy our report for this company USD 19.99 Most recent financial data: 2020 Available in: English & Russian Download a sample report

Utilitas Tallinn AS is a company located in Tallinn, Estonia. It was founded in 1998 as AS Eraküte, with a focus on improving and renewing the heat supply service in Estonian cities. Utilitas has since expanded its district heating services to eight Estonian cities, including Tallinn, where a district cooling service is also being developed. The company primarily produces energy from renewable fuels and has reduced its carbon footprint by 64% since 2008. Utilitas aims to achieve carbon neutrality in its district heating and cooling networks and use 100% renewable sources of energy production by 2030. In addition to electricity production in cogeneration plants, Utilitas has also ventured into fuel-free electricity production through solar and wind farms. The company is involved in green hydrogen production and is working on Estonia's first green hydrogen pilot project. Utilitas emphasizes that clean energy production not only benefits the environment but also makes energy more affordable and improves energy security by relying on renewable local sources.

Headquarters
Maakri tn 19/1
Tallinn; Harju county; Postal Code: 10145

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Website: http://www.utilitas.ee

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
October 29, 2001
Key Executives
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Member of Management Board
Ownership Details
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Company Performance
Financial values in the chart are available after Utilitas Tallinn AS report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
-3.24%
Total operating revenue
-3.45%
Operating profit (EBIT)
-23.04%
EBITDA
-9.05%
Net Profit (Loss) for the Period
137.74%
Total assets
10.13%
Total equity
25.45%
Operating Profit Margin (ROS)
-4.55%
Net Profit Margin
4.55%
Return on Equity (ROE)
10.19%
Debt to Equity Ratio
-60.33%
Quick Ratio
1.26%
Cash Ratio
0.44%

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