aktsiaselts Volex

Active Registry code 10035382 AS Tallinn Registered 9 May 1996
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aktsiaselts Volex is a AS based in Tallinn, registry code 10035382, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €504 793 with 12 employees.

Turnover
504 793 €
↓ 1.0% vs Q2 2026
State taxes
156 152 €
↑ 1.9% vs Q2 2026
Labour taxes
84 912 €
↑ 10.4% vs Q2 2026
Employees
12
−1 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 504 793 €
    industry median 15 030 € · companies in the industry: 7 443
  • Labour taxes per employee 7 076 €
    industry median 857 € · companies in the industry: 7 261
  • Revenue · 2025 2.2 mn €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 24.1 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 504 793 € · −1.0% vs Q2 2026 · industry median 15 030 € · above 98% of the industry
0200400600800Q4 2023 Company: 634 697 € Industry median: 14 897 €Q4·23Q1 2024 Company: 601 138 € Industry median: 15 027 €Q2 2024 Company: 535 847 € Industry median: 14 064 €Q2·24Q3 2024 Company: 505 732 € Industry median: 14 462 €Q4 2024 Company: 516 513 € Industry median: 14 610 €Q4·24Q1 2025 Company: 629 266 € Industry median: 14 672 €Q2 2025 Company: 520 691 € Industry median: 14 301 €Q2·25Q3 2025 Company: 502 387 € Industry median: 14 273 €Q4 2025 Company: 505 343 € Industry median: 14 464 €Q4·25Q1 2026 Company: 546 078 € Industry median: 14 759 €Q2 2026 Company: 509 934 € Industry median: 14 595 €Q2·26Q3 2026 Company: 504 793 € Industry median: 15 030 €Q3·260200400600800Q4 2024 Company: 516 513 € Industry median: 14 610 €Q1 2025 Company: 629 266 € Industry median: 14 672 €Q1·25Q2 2025 Company: 520 691 € Industry median: 14 301 €Q3 2025 Company: 502 387 € Industry median: 14 273 €Q3·25Q4 2025 Company: 505 343 € Industry median: 14 464 €Q1 2026 Company: 546 078 € Industry median: 14 759 €Q1·26Q2 2026 Company: 509 934 € Industry median: 14 595 €Q3 2026 Company: 504 793 € Industry median: 15 030 €Q3·26
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 7 076 € · +19.6% vs Q2 2026 · industry median 857 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 5 696 € Industry median: 671 €Q4·23Q1 2024 Company: 5 275 € Industry median: 694 €Q2 2024 Company: 5 661 € Industry median: 712 €Q2·24Q3 2024 Company: 6 599 € Industry median: 728 €Q4 2024 Company: 4 946 € Industry median: 727 €Q4·24Q1 2025 Company: 5 650 € Industry median: 780 €Q2 2025 Company: 5 455 € Industry median: 771 €Q2·25Q3 2025 Company: 5 769 € Industry median: 812 €Q4 2025 Company: 5 805 € Industry median: 812 €Q4·25Q1 2026 Company: 5 781 € Industry median: 818 €Q2 2026 Company: 5 916 € Industry median: 828 €Q2·26Q3 2026 Company: 7 076 € Industry median: 857 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 4 946 € Industry median: 727 €Q1 2025 Company: 5 650 € Industry median: 780 €Q1·25Q2 2025 Company: 5 455 € Industry median: 771 €Q3 2025 Company: 5 769 € Industry median: 812 €Q3·25Q4 2025 Company: 5 805 € Industry median: 812 €Q1 2026 Company: 5 781 € Industry median: 818 €Q1·26Q2 2026 Company: 5 916 € Industry median: 828 €Q3 2026 Company: 7 076 € Industry median: 857 €Q3·26
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 12 · −7.7% vs Q2 2026
051015Q4 2023 Company: 14Q4·23Q1 2024 Company: 15Q2 2024 Company: 14Q2·24Q3 2024 Company: 13Q4 2024 Company: 14Q4·24Q1 2025 Company: 14Q2 2025 Company: 14Q2·25Q3 2025 Company: 14Q4 2025 Company: 13Q4·25Q1 2026 Company: 13Q2 2026 Company: 13Q2·26Q3 2026 Company: 12Q3·26051015Q4 2024 Company: 14Q1 2025 Company: 14Q1·25Q2 2025 Company: 14Q3 2025 Company: 14Q3·25Q4 2025 Company: 13Q1 2026 Company: 13Q1·26Q2 2026 Company: 13Q3 2026 Company: 12Q3·26
State taxes, € thousand Q3 2026: 156 152 € · +1.9% vs Q2 2026
050100150200Q4 2023 Company: 167 807 €Q4·23Q1 2024 Company: 155 075 €Q2 2024 Company: 151 593 €Q2·24Q3 2024 Company: 158 790 €Q4 2024 Company: 145 128 €Q4·24Q1 2025 Company: 180 502 €Q2 2025 Company: 148 271 €Q2·25Q3 2025 Company: 154 444 €Q4 2025 Company: 161 548 €Q4·25Q1 2026 Company: 159 355 €Q2 2026 Company: 153 216 €Q2·26Q3 2026 Company: 156 152 €Q3·26050100150200Q4 2024 Company: 145 128 €Q1 2025 Company: 180 502 €Q1·25Q2 2025 Company: 148 271 €Q3 2025 Company: 154 444 €Q3·25Q4 2025 Company: 161 548 €Q1 2026 Company: 159 355 €Q1·26Q2 2026 Company: 153 216 €Q3 2026 Company: 156 152 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 504 793 156 152 84 912 12
Q2 2026 509 934 153 216 76 904 13
Q1 2026 546 078 159 355 75 159 13
Q4 2025 505 343 161 548 75 468 13
Q3 2025 502 387 154 444 80 761 14
Q2 2025 520 691 148 271 76 376 14
Q1 2025 629 266 180 502 79 106 14
Q4 2024 516 513 145 128 69 250 14
Q3 2024 505 732 158 790 85 788 13
Q2 2024 535 847 151 593 79 251 14
Q1 2024 601 138 155 075 79 129 15
Q4 2023 634 697 167 807 79 742 14
Q3 2023 557 413 146 779 88 631 14
Q2 2023 645 659 151 255 75 119 14
Q1 2023 657 357 150 761 74 699 14
Q4 2022 536 532 141 828 70 806 13
Q3 2022 544 728 142 122 76 939 13
Q2 2022 520 399 125 136 65 336 13
Q1 2022 536 014 154 283 66 578 13
Labour taxes per employee per month
2 359 €
Turnover per employee in the quarter
42 066 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 2 198 698 € · −0.7% vs 2024 · industry median 13 620 € · above 98% of the industry
05001 0001 5002 0002 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 785 915 € Industry median: 10 800 €20192020 Company: 1 575 909 € Industry median: 10 586 €20202021 Company: 1 644 340 € Industry median: 11 162 €20212022 Company: 2 188 583 € Industry median: 11 789 €20222023 Company: 2 407 629 € Industry median: 12 224 €20232024 Company: 2 215 001 € Industry median: 12 853 €20242025 Company: 2 198 698 € Industry median: 13 620 €202505001 0001 5002 0002 5002018 Company: — Industry median: —2019 Company: 1 785 915 € Industry median: 10 800 €20192020 Company: 1 575 909 € Industry median: 10 586 €2021 Company: 1 644 340 € Industry median: 11 162 €20212022 Company: 2 188 583 € Industry median: 11 789 €2023 Company: 2 407 629 € Industry median: 12 224 €20232024 Company: 2 215 001 € Industry median: 12 853 €2025 Company: 2 198 698 € Industry median: 13 620 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 530 693 € · +238.3% vs 2024 · industry median 283 € · above 98% of the industry
-50005001 0001 5002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -130 836 € Industry median: 205 €20192020 Company: -374 525 € Industry median: 175 €20202021 Company: 44 689 € Industry median: 251 €20212022 Company: 1 792 348 € Industry median: 161 €20222023 Company: 175 990 € Industry median: 154 €20232024 Company: 156 862 € Industry median: 256 €20242025 Company: 530 693 € Industry median: 283 €2025-50005001 0001 5002 0002018 Company: — Industry median: —2019 Company: -130 836 € Industry median: 205 €20192020 Company: -374 525 € Industry median: 175 €2021 Company: 44 689 € Industry median: 251 €20212022 Company: 1 792 348 € Industry median: 161 €2023 Company: 175 990 € Industry median: 154 €20232024 Company: 156 862 € Industry median: 256 €2025 Company: 530 693 € Industry median: 283 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 24.1 % · +17.1 pp vs the year before · industry median 5.9 % · above 66% of the industry
-2502550751002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -7.3 % Industry median: 5.7 %20192020 Company: -23.8 % Industry median: 5.6 %20202021 Company: 2.7 % Industry median: 7.4 %20212022 Company: 81.9 % Industry median: 5.9 %20222023 Company: 7.3 % Industry median: 5.2 %20232024 Company: 7.1 % Industry median: 5.9 %20242025 Company: 24.1 % Industry median: 5.9 %2025-2502550751002018 Company: — Industry median: —2019 Company: -7.3 % Industry median: 5.7 %20192020 Company: -23.8 % Industry median: 5.6 %2021 Company: 2.7 % Industry median: 7.4 %20212022 Company: 81.9 % Industry median: 5.9 %2023 Company: 7.3 % Industry median: 5.2 %20232024 Company: 7.1 % Industry median: 5.9 %2025 Company: 24.1 % Industry median: 5.9 %2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 19 367 005 € · +0.8% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 9 371 392 €20192020 Company: 9 313 186 €20202021 Company: 17 659 036 €20212022 Company: 19 097 935 €20222023 Company: 19 428 190 €20232024 Company: 19 205 954 €20242025 Company: 19 367 005 €202505 00010 00015 00020 0002018 Company: —2019 Company: 9 371 392 €20192020 Company: 9 313 186 €2021 Company: 17 659 036 €20212022 Company: 19 097 935 €2023 Company: 19 428 190 €20232024 Company: 19 205 954 €2025 Company: 19 367 005 €2025
Equity, € thousand 2025: 14 475 535 € · +3.8% vs 2024
05 00010 00015 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 3 076 412 €20192020 Company: 2 701 887 €20202021 Company: 11 819 642 €20212022 Company: 13 611 990 €20222023 Company: 13 787 980 €20232024 Company: 13 944 842 €20242025 Company: 14 475 535 €202505 00010 00015 0002018 Company: —2019 Company: 3 076 412 €20192020 Company: 2 701 887 €2021 Company: 11 819 642 €20212022 Company: 13 611 990 €2023 Company: 13 787 980 €20232024 Company: 13 944 842 €2025 Company: 14 475 535 €2025
Employees 2025: 14 · +0.0% vs 2024 · industry median 1 · above 98% of the industry
05101520252016 Company: 22 Industry median: —20162017 Company: 21 Industry median: —20172018 Company: 20 Industry median: 120182019 Company: 19 Industry median: 120192020 Company: 18 Industry median: 120202021 Company: 16 Industry median: 120212022 Company: 14 Industry median: 120222023 Company: 14 Industry median: 120232024 Company: 14 Industry median: 120242025 Company: 14 Industry median: 12025051015202018 Company: 20 Industry median: 12019 Company: 19 Industry median: 120192020 Company: 18 Industry median: 12021 Company: 16 Industry median: 120212022 Company: 14 Industry median: 12023 Company: 14 Industry median: 120232024 Company: 14 Industry median: 12025 Company: 14 Industry median: 12025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 2 198 698 530 693 637 419 19 367 005 14 475 535 14
2024 2 215 001 156 862 671 448 19 205 954 13 944 842 14
2023 2 407 629 175 990 764 481 19 428 190 13 787 980 14
2022 2 188 583 1 792 348 618 439 19 097 935 13 611 990 14
2021 1 644 340 44 689 528 601 17 659 036 11 819 642 16
2020 1 575 909 -374 525 615 746 9 313 186 2 701 887 18
2019 1 785 915 -130 836 738 040 9 371 392 3 076 412 19
2018 — — — — — 20
2017 — — — — — 21
2016 — — — — — 22
2015 — — — — — 22
2014 — — — — — 24
2013 — — — — — 26
2012 — — — — — 27
2011 — — — — — 25
2010 — — — — — 27
2009 — — — — — 27
2008 — — — — — 26
2007 — — — — — 20
2006 — — — — — 36
2005 — — — — — 40
2004 — — — — — 4
2003 — — — — — 42
2002 — — — — — 37
2001 — — — — — 37
2000 — — — — — 30
1999 — — — — — 25
1998 — — — — — 22
1997 — — — — — 18

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin
24.1 %
Net profit / revenue
Return on equity (ROE)
3.7 %
Net profit / equity
Return on assets (ROA)
2.7 %
Net profit / assets
Equity ratio
74.7 %
Equity / assets
Debt ratio
25.3 %
Liabilities / assets
Current ratio
0.27
Current assets / current liabilities
Revenue per employee
157 050 €
Revenue / average full-time employees
Labour cost per employee per month
3 794 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 9 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 12 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 5 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 13 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 1 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 9 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 29 May 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 1 600 000 EEK EVEA Panga Aktsiaselts 25 Jun 1997 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Olga Reut
    Board member · since 24 Apr 2025

Right of representation

Any member of the management board may represent the public limited company in all transactions.

Owners

No owner information.

Beneficial owners

  • Olga Reut
    Direct ownership · since 24 Sep 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main
Rulings
Number, date Title Deadline State Document
Ä 10002069 / 15
26 Oct 2026
Amendment entry In force
26 Oct 2026
PDF
Ä 10002069 / M6
29 Apr 2025
Refund of the state fee In force
29 Apr 2025
PDF
Ä 10002069 / M5
24 Apr 2025
Ruling to eliminate deficiencies Deficiencies eliminated
29 Apr 2025
PDF
Ä 10002069 / 14
24 Apr 2025
Amendment entry In force
24 Apr 2025
PDF
Ä 10002069 / 13
24 Aug 2021
Amendment entry In force
24 Aug 2021
PDF
Ä 10002069 / M4
18 Aug 2021
Ruling to eliminate deficiencies 30 Aug 2021 Deficiencies eliminated
24 Aug 2021
PDF
Ä 10002069 / 12
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10002069 / 11
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10002069 / 10
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10002069 / 9
14 Sep 2016
Amendment entry In force
14 Sep 2016
PDF
Ä 10002069 / M3
8 Jun 2015
Refund of the state fee In force
8 Jun 2015
PDF
Ä 10002069 / 8
6 Feb 2012
Amendment entry In force
6 Feb 2012
PDF
Ä 10002069 / M2
12 Jan 2012
Ruling to eliminate deficiencies In force
12 Jan 2012
PDF
Ä 2069 / 7
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
Ä 2069 / M1
4 Jul 2006
Ruling to be served 14 Aug 2006 In force
6 Jul 2006
PDF
Ä 2069 / 6
6 Mar 2002
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data