osaühing SystemTest

Active Registry code 10040822 OÜ Tallinn Registered 3 Jun 1996
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osaühing SystemTest is a OÜ based in Tallinn, registry code 10040822, status: active. Main activity: Constructional engineering-technical designing and consulting. According to EMTA, turnover for Q3 2026 was €380 211 with 15 employees.

Turnover
380 211 €
↑ 4.0% vs Q2 2026
State taxes
104 303 €
↑ 16.4% vs Q2 2026
Labour taxes
54 395 €
↓ 5.0% vs Q2 2026
Employees
15
+1 vs Q2 2026

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

Position in the industry Architectural and engineering activities; technical testing and analysis · EMTAK 71

  • Turnover · Q3 2026 380 211 €
    industry median 16 250 € · companies in the industry: 2 781
  • Labour taxes per employee 3 626 €
    industry median 1 751 € · companies in the industry: 1 910
  • Revenue · 2025 1.7 mn €
    industry median 23 548 € · companies in the industry: 4 824
  • Net profit margin · 2025 10.9 %
    industry median 15.1 % · companies in the industry: 3 876

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 380 211 € · +4.0% vs Q2 2026 · industry median 16 250 € · above 98% of the industry
0200400600800Q4 2023 Company: 361 583 € Industry median: 17 217 €Q4·23Q1 2024 Company: 283 039 € Industry median: 15 638 €Q2 2024 Company: 365 383 € Industry median: 15 992 €Q2·24Q3 2024 Company: 229 199 € Industry median: 16 330 €Q4 2024 Company: 460 362 € Industry median: 17 266 €Q4·24Q1 2025 Company: 611 127 € Industry median: 15 215 €Q2 2025 Company: 540 098 € Industry median: 16 150 €Q2·25Q3 2025 Company: 345 631 € Industry median: 16 910 €Q4 2025 Company: 362 198 € Industry median: 17 310 €Q4·25Q1 2026 Company: 663 325 € Industry median: 15 906 €Q2 2026 Company: 365 422 € Industry median: 16 256 €Q2·26Q3 2026 Company: 380 211 € Industry median: 16 250 €Q3·260200400600800Q4 2024 Company: 460 362 € Industry median: 17 266 €Q1 2025 Company: 611 127 € Industry median: 15 215 €Q1·25Q2 2025 Company: 540 098 € Industry median: 16 150 €Q3 2025 Company: 345 631 € Industry median: 16 910 €Q3·25Q4 2025 Company: 362 198 € Industry median: 17 310 €Q1 2026 Company: 663 325 € Industry median: 15 906 €Q1·26Q2 2026 Company: 365 422 € Industry median: 16 256 €Q3 2026 Company: 380 211 € Industry median: 16 250 €Q3·26
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 626 € · −11.4% vs Q2 2026 · industry median 1 751 € · above 81% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 410 € Industry median: 1 648 €Q4·23Q1 2024 Company: 3 734 € Industry median: 1 639 €Q2 2024 Company: 2 992 € Industry median: 1 671 €Q2·24Q3 2024 Company: 3 652 € Industry median: 1 753 €Q4 2024 Company: 3 656 € Industry median: 1 750 €Q4·24Q1 2025 Company: 4 644 € Industry median: 1 767 €Q2 2025 Company: 4 215 € Industry median: 1 758 €Q2·25Q3 2025 Company: 4 385 € Industry median: 1 847 €Q4 2025 Company: 4 597 € Industry median: 1 847 €Q4·25Q1 2026 Company: 4 521 € Industry median: 1 780 €Q2 2026 Company: 4 091 € Industry median: 1 758 €Q2·26Q3 2026 Company: 3 626 € Industry median: 1 751 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 3 656 € Industry median: 1 750 €Q1 2025 Company: 4 644 € Industry median: 1 767 €Q1·25Q2 2025 Company: 4 215 € Industry median: 1 758 €Q3 2025 Company: 4 385 € Industry median: 1 847 €Q3·25Q4 2025 Company: 4 597 € Industry median: 1 847 €Q1 2026 Company: 4 521 € Industry median: 1 780 €Q1·26Q2 2026 Company: 4 091 € Industry median: 1 758 €Q3 2026 Company: 3 626 € Industry median: 1 751 €Q3·26
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 15 · +7.1% vs Q2 2026
051015Q4 2023 Company: 14Q4·23Q1 2024 Company: 14Q2 2024 Company: 15Q2·24Q3 2024 Company: 15Q4 2024 Company: 15Q4·24Q1 2025 Company: 13Q2 2025 Company: 14Q2·25Q3 2025 Company: 13Q4 2025 Company: 13Q4·25Q1 2026 Company: 13Q2 2026 Company: 14Q2·26Q3 2026 Company: 15Q3·26051015Q4 2024 Company: 15Q1 2025 Company: 13Q1·25Q2 2025 Company: 14Q3 2025 Company: 13Q3·25Q4 2025 Company: 13Q1 2026 Company: 13Q1·26Q2 2026 Company: 14Q3 2026 Company: 15Q3·26
State taxes, € thousand Q3 2026: 104 303 € · +16.4% vs Q2 2026
050100150Q4 2023 Company: 71 476 €Q4·23Q1 2024 Company: 81 343 €Q2 2024 Company: 83 077 €Q2·24Q3 2024 Company: 76 115 €Q4 2024 Company: 115 244 €Q4·24Q1 2025 Company: 121 983 €Q2 2025 Company: 113 885 €Q2·25Q3 2025 Company: 95 003 €Q4 2025 Company: 109 833 €Q4·25Q1 2026 Company: 143 316 €Q2 2026 Company: 89 594 €Q2·26Q3 2026 Company: 104 303 €Q3·26050100150Q4 2024 Company: 115 244 €Q1 2025 Company: 121 983 €Q1·25Q2 2025 Company: 113 885 €Q3 2025 Company: 95 003 €Q3·25Q4 2025 Company: 109 833 €Q1 2026 Company: 143 316 €Q1·26Q2 2026 Company: 89 594 €Q3 2026 Company: 104 303 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 380 211 104 303 54 395 15
Q2 2026 365 422 89 594 57 275 14
Q1 2026 663 325 143 316 58 772 13
Q4 2025 362 198 109 833 59 765 13
Q3 2025 345 631 95 003 57 000 13
Q2 2025 540 098 113 885 59 010 14
Q1 2025 611 127 121 983 60 376 13
Q4 2024 460 362 115 244 54 844 15
Q3 2024 229 199 76 115 54 779 15
Q2 2024 365 383 83 077 44 887 15
Q1 2024 283 039 81 343 52 278 14
Q4 2023 361 583 71 476 47 741 14
Q3 2023 210 829 215 309 53 031 12
Q2 2023 334 447 72 473 46 122 16
Q1 2023 465 381 93 209 51 091 15
Q4 2022 420 356 80 247 54 404 15
Q3 2022 350 761 80 669 50 503 14
Q2 2022 419 993 106 075 60 919 14
Q1 2022 606 893 117 510 57 591 16
Labour taxes per employee per month
1 209 €
Turnover per employee in the quarter
25 347 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 1 654 573 € · +42.6% vs 2024 · industry median 23 548 € · above 98% of the industry
05001 0001 5002 0002 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 044 178 € Industry median: 23 878 €20192020 Company: 1 392 966 € Industry median: 21 676 €20202021 Company: 1 396 818 € Industry median: 23 268 €20212022 Company: 1 301 549 € Industry median: 23 299 €20222023 Company: 1 049 647 € Industry median: 22 710 €20232024 Company: 1 160 305 € Industry median: 22 066 €20242025 Company: 1 654 573 € Industry median: 23 548 €202505001 0001 5002 0002 5002018 Company: — Industry median: —2019 Company: 2 044 178 € Industry median: 23 878 €20192020 Company: 1 392 966 € Industry median: 21 676 €2021 Company: 1 396 818 € Industry median: 23 268 €20212022 Company: 1 301 549 € Industry median: 23 299 €2023 Company: 1 049 647 € Industry median: 22 710 €20232024 Company: 1 160 305 € Industry median: 22 066 €2025 Company: 1 654 573 € Industry median: 23 548 €2025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 180 953 € · +318.8% vs 2024 · industry median 1 536 € · above 98% of the industry
-400-20002004006002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 433 671 € Industry median: 2 334 €20192020 Company: 157 933 € Industry median: 2 185 €20202021 Company: 98 308 € Industry median: 2 723 €20212022 Company: -76 324 € Industry median: 1 788 €20222023 Company: -340 485 € Industry median: 2 161 €20232024 Company: 43 203 € Industry median: 1 691 €20242025 Company: 180 953 € Industry median: 1 536 €2025-400-20002004006002018 Company: — Industry median: —2019 Company: 433 671 € Industry median: 2 334 €20192020 Company: 157 933 € Industry median: 2 185 €2021 Company: 98 308 € Industry median: 2 723 €20212022 Company: -76 324 € Industry median: 1 788 €2023 Company: -340 485 € Industry median: 2 161 €20232024 Company: 43 203 € Industry median: 1 691 €2025 Company: 180 953 € Industry median: 1 536 €2025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 10.9 % · +7.2 pp vs the year before · industry median 15.1 % · above 45% of the industry
-40-20020402016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 21.2 % Industry median: 16.4 %20192020 Company: 11.3 % Industry median: 16.8 %20202021 Company: 7.0 % Industry median: 19.6 %20212022 Company: -5.9 % Industry median: 16.7 %20222023 Company: -32.4 % Industry median: 17.1 %20232024 Company: 3.7 % Industry median: 15.3 %20242025 Company: 10.9 % Industry median: 15.1 %2025-40-20020402018 Company: — Industry median: —2019 Company: 21.2 % Industry median: 16.4 %20192020 Company: 11.3 % Industry median: 16.8 %2021 Company: 7.0 % Industry median: 19.6 %20212022 Company: -5.9 % Industry median: 16.7 %2023 Company: -32.4 % Industry median: 17.1 %20232024 Company: 3.7 % Industry median: 15.3 %2025 Company: 10.9 % Industry median: 15.1 %2025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 571 884 € · +12.0% vs 2024
05001 0001 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 224 625 €20192020 Company: 1 313 964 €20202021 Company: 1 485 499 €20212022 Company: 1 433 384 €20222023 Company: 445 113 €20232024 Company: 510 603 €20242025 Company: 571 884 €202505001 0001 5002018 Company: —2019 Company: 1 224 625 €20192020 Company: 1 313 964 €2021 Company: 1 485 499 €20212022 Company: 1 433 384 €2023 Company: 445 113 €20232024 Company: 510 603 €2025 Company: 571 884 €2025
Equity, € thousand 2025: 415 372 € · +77.2% vs 2024
02505007501 0001 2502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 975 663 €20192020 Company: 1 133 596 €20202021 Company: 1 231 904 €20212022 Company: 1 155 580 €20222023 Company: 191 216 €20232024 Company: 234 419 €20242025 Company: 415 372 €202502505007501 0001 2502018 Company: —2019 Company: 975 663 €20192020 Company: 1 133 596 €2021 Company: 1 231 904 €20212022 Company: 1 155 580 €2023 Company: 191 216 €20232024 Company: 234 419 €2025 Company: 415 372 €2025
Employees 2025: 15 · +15.4% vs 2024 · industry median 1 · above 98% of the industry
0510152016 Company: 12 Industry median: —20162017 Company: 12 Industry median: —20172018 Company: 14 Industry median: 120182019 Company: 15 Industry median: 120192020 Company: 15 Industry median: 120202021 Company: 14 Industry median: 120212022 Company: 14 Industry median: 120222023 Company: 12 Industry median: 120232024 Company: 13 Industry median: 120242025 Company: 15 Industry median: 120250510152018 Company: 14 Industry median: 12019 Company: 15 Industry median: 120192020 Company: 15 Industry median: 12021 Company: 14 Industry median: 120212022 Company: 14 Industry median: 12023 Company: 12 Industry median: 120232024 Company: 13 Industry median: 12025 Company: 15 Industry median: 12025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (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 1 654 573 180 953 562 277 571 884 415 372 15
2024 1 160 305 43 203 530 532 510 603 234 419 13
2023 1 049 647 -340 485 469 134 445 113 191 216 12
2022 1 301 549 -76 324 517 551 1 433 384 1 155 580 14
2021 1 396 818 98 308 523 829 1 485 499 1 231 904 14
2020 1 392 966 157 933 526 035 1 313 964 1 133 596 15
2019 2 044 178 433 671 624 541 1 224 625 975 663 15
2018 — — — — — 14
2017 — — — — — 12
2016 — — — — — 12
2015 — — — — — 15
2014 — — — — — 15
2013 — — — — — 15
2012 — — — — — 16
2011 — — — — — 17
2010 — — — — — 17
2009 — — — — — 19
2008 — — — — — 21
2007 — — — — — 21
2006 — — — — — 21
2005 — — — — — 20
2004 — — — — — 20
2003 — — — — — 19
2002 — — — — — 20
2001 — — — — — 22
2000 — — — — — 22
1999 — — — — — 20
1998 — — — — — 20
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
10.9 %
Net profit / revenue
Return on equity (ROE)
43.6 %
Net profit / equity
Return on assets (ROA)
31.6 %
Net profit / assets
Equity ratio
72.6 %
Equity / assets
Debt ratio
27.4 %
Liabilities / assets
Current ratio
3.59
Current assets / current liabilities
Revenue per employee
110 305 €
Revenue / average full-time employees
Labour cost per employee per month
3 124 €
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 28 Jan 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 28 Feb 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 29 May 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 20 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 22 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 18 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 29 Jun 2020 Company’s own · audited e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

  • Artjom Kurbatski
    Member of a senior management body (management or supervisory board) · since 28 Feb 2024
  • Natalja Kurbatski
    Indirect ownership · since 28 Feb 2024
  • Raimo Hermet
    Member of a senior management body (management or supervisory board) · since 28 Feb 2024

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 71121Constructional engineering-technical designing and consulting Main
  • 46503Wholesale of electronic and telecommunication equipment and parts
Rulings
Number, date Title Deadline State Document
Ä 10001283 / 25
21 May 2026
Amendment entry In force
21 May 2026
PDF
Ä 10001283 / 24
12 May 2026
Amendment entry In force
12 May 2026
PDF
Ä 10001283 / 23
9 Jan 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
9 Jan 2025
PDF
Ä 10001283 / 22
14 Sep 2023
Amendment entry In force
14 Sep 2023
PDF
Ä 10001283 / 21
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10001283 / 20
7 Jul 2023
Amendment entry In force
7 Jul 2023
PDF
Ä 10001283 / 19
7 Jun 2023
Amendment entry In force
7 Jun 2023
PDF
Ä 10001283 / 18
6 Jun 2023
Amendment entry In force
6 Jun 2023
PDF
Ä 10001283 / 17
25 May 2023
Amendment entry In force
25 May 2023
PDF
Ä 10001283 / M5
1 Feb 2022
Ruling to correct data outside an entry 11 Feb 2022 Deficiencies eliminated
11 Feb 2022
PDF
Ä 10001283 / 16
1 Feb 2022
Amendment under Commercial Code § 525 (2) In force
1 Feb 2022
PDF
Ä 10001283 / 15
21 Jun 2021
Amendment entry In force
21 Jun 2021
PDF
Ä 10001283 / 14
6 Oct 2020
Amendment entry In force
6 Oct 2020
PDF
Ä 10001283 / 13
4 Jul 2019
Amendment entry In force
4 Jul 2019
PDF
Ä 10001283 / M4
31 Aug 2018
Ruling to eliminate deficiencies 14 Sep 2018 Deficiencies eliminated
31 Aug 2018
PDF
Ä 10001283 / 12
31 Aug 2018
Amendment entry In force
31 Aug 2018
PDF
Ä 10001283 / M3
20 Jun 2018
Procedural ruling 30 Jun 2018 Deficiencies eliminated
20 Jun 2018
PDF
Ä 10001283 / 11
20 Jun 2018
Amendment entry In force
20 Jun 2018
PDF
Ä 10001283 / 10
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10001283 / 9
2 Jan 2018
Amendment entry In force
2 Jan 2018
PDF
Ä 10001283 / M2
28 Dec 2017
Ruling to eliminate deficiencies 7 Jan 2018 Deficiencies eliminated
2 Jan 2018
PDF
Ä 10001283 / 8
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10001283 / 7
23 Sep 2016
Amendment entry In force
23 Sep 2016
PDF
Ä 10001283 / 6
3 Jul 2015
Amendment entry In force
3 Jul 2015
PDF
Ä 10001283 / 5
15 Jun 2015
Entry refused In force
30 Jun 2015
PDF
Ä 10001283 / 4
20 Jun 2012
Amendment entry In force
20 Jun 2012
PDF
Ä 10001283 / M1
12 Jun 2012
Ruling to eliminate deficiencies 24 Aug 2012 In force
12 Jun 2012
PDF
Ä 10001283 / 3
6 Jan 2012
Amendment entry In force
6 Jan 2012
PDF
Ä 1283 / 2
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF

Sources: e-Äriregister and EMTA. Data updated 27 Oct 2026. Open at the source ↗ · Report an error in the data