Harju Elekter plays an active role in the electrification of society by providing electrical power distribution solutions for utilities, industries, infrastructure and building projects. Our solutions range from modular E-House systems to customized key products including substations, low voltage switchgear and distribution panels. We electrify with tomorrow in mind, meaning our products and solutions are sustainable, smart grid-ready and future-proof.
The mission of Harju Elekter is to be one of the most reliable manufacturers of electrical power distribution solutions in the Nordic region by responding to customers’ needs without delay with competence and quality and by offering added value and reliability to partners in co-operation projects.
Our goal is to be successful over a long period of time, to increase the company’s capital and generate revenue for the owners as well as the partners and to provide motivating work, income and development opportunities for the employees.
This website provides information on the behaviour of our shares and the volume of trading transactions on Nasdaq Tallinn Stock Exchange. Here you will find our annual and interim reports that reflect the financial progress of the company, press releases and more useful information about our company.
Thank you for your interest in the activities of our company.
Chairman of the Management Board/CEO
Harju Elekter Group
Our strength lies in engineering expertise and continuous improvement. We develop type-tested solutions for electrical power distribution, working closely with customers and partners to deliver reliable performance, sustainable results and long-term value in every project.
We keep expanding our know-how to develop type-tested products and smart solutions for electrical power distribution. Innovation is part of our everyday work and we are ready to turn new ideas into real-world results.
We listen, collaborate and build solutions together with customers and partners worldwide. Strong cooperation helps us deliver sustainable products that meet standards and real project demands in power distribution and electrification.
We take pride in manufacturing type-tested, high-quality products with advanced technology and proven expertise. Reliable performance and on-time delivery are built into every solution we make.
For Harju Elekter, sustainability is a long-term commitment that supports responsible business, stronger communities and a healthier natural environment. We believe that creating sustainable value strengthens the long-term viability of the Group and helps build future-ready industries and infrastructure.
Our approach is shaped by the expectations of key stakeholders, including customers, partners, employees and investors as well as legislators and society at large. We address sustainability topics through targeted actions and transparent practices that support lasting impact.
At Harju Elekter, sustainability means taking responsibility for environmental, social and governance issues (ESG). We focus on improving our ESG performance through smart investments, strong leadership and practical actions that drive positive change.
Headquarters in Tallinn, Factory in Keila
In Keila factory we produce:
Factorys in Kurikka and Ulvila Telesilta – Uusikaupunki
In Ulvila factory we produce:
In Kurikka factory we produce:
Factory in Panevėžys
In Panevėžys factory we offer:
In Panevėžys factory we produce:
Factory in Västerås
In Västerås factory we produce:
Revenue
174.0
Revenue change (%)
-0.4%
Gross profit
25.9
Gross margin (%)
14.9%
EBITDA
16.4
EBITDA margin (%)
9.4%
Operating profit/ loss (-)
12.0
Net profit/ loss (-)
10.8
Total assets
168.1
Return on assets (ROA)
6.7%
Equity
98.90
Return on equity (ROE)
11.4%
Equity multiplier (%)
59.0%
Investments
5.1
Interest-bearing liabilities
30.5
Net debt
28.9
Net Debt/EBITDA ratio
1.8
18,512
Average number of shares (1,000 pcs)
0.58
Net profit per share
8.33
P/E ratio
832
Number of employees at the end of period
