aktsiaselts Monotal

Active Registry code 10047712 AS Tallinn Registered 28 Jul 1996

aktsiaselts Monotal is a AS based in Tallinn, registry code 10047712, status: active. Main activity: Wholesale of alcoholic beverages. According to EMTA, turnover for Q3 2026 was €2 919 792 with 23 employees.

Turnover

2 919 792 €

↑ 8.9% vs Q2 2026

State taxes

1 463 748 €

↓ 2.6% vs Q2 2026

Labour taxes

55 614 €

↑ 0.3% vs Q2 2026

Employees

−1 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 2.9 mn €

above 95% of companies

industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee 2 418 €

above 56% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 10.9 mn €

above 98% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 4.6 %

above 58% of companies

industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 2 919 792 € · +8.9% vs Q2 2026 · industry median 60 065 € · above 95% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 418 € · +4.7% vs Q2 2026 · industry median 2 104 € · above 56% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 23 · −4.2% vs Q2 2026

State taxes, € thousand Q3 2026: 1 463 748 € · −2.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	2 919 792	1 463 748	55 614	23
Q2 2026	2 680 177	1 502 477	55 423	24
Q1 2026	2 312 511	2 013 885	56 546	25
Q4 2025	2 831 117	2 493 546	64 618	25
Q3 2025	3 173 836	2 039 870	66 648	25
Q2 2025	2 806 401	1 578 330	63 140	25
Q1 2025	2 607 961	2 060 400	64 137	26
Q4 2024	3 357 325	2 718 323	103 054	26
Q3 2024	3 327 797	2 337 206	70 988	26
Q2 2024	3 131 302	2 095 092	68 825	27
Q1 2024	2 728 583	2 038 032	83 100	27
Q4 2023	2 907 879	2 350 333	82 084	23
Q3 2023	3 265 783	1 981 465	81 199	25
Q2 2023	3 230 070	2 211 117	66 868	24
Q1 2023	2 773 818	1 886 236	68 791	23
Q4 2022	2 074 672	1 782 444	80 057	23
Q3 2022	2 859 171	1 671 062	80 857	27
Q2 2022	2 896 589	1 916 712	67 401	30
Q1 2022	3 647 648	2 999 623	95 325	29

Labour taxes per employee per month

806 €

Turnover per employee in the quarter

126 947 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 10 931 673 € · −6.2% vs 2024 · industry median 63 691 € · above 98% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 505 985 € · −19.0% vs 2024 · industry median 127 € · above 98% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 4.6 % · −0.7 pp vs the year before · industry median 2.7 % · above 58% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 4 872 686 € · +11.2% vs 2024

Equity, € thousand 2025: 1 579 865 € · −15.7% vs 2024

Employees 2025: 25 · +0.0% vs 2024 · industry median 2 · above 98% of the industry

Company
Industry median

Industry: Wholesale trade (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	10 931 673	505 985	610 087	4 872 686	1 579 865	25
2024	11 659 699	624 338	646 460	4 383 708	1 873 880	25
2023	11 726 542	697 694	591 582	4 204 301	2 049 542	23
2022	9 339 415	460 529	611 534	3 471 918	2 151 848	23
2021	14 888 805	1 172 807	700 264	4 500 449	2 491 319	29
2020	14 478 338	865 413	718 393	4 112 003	2 118 512	31
2019	12 404 566	730 767	710 241	3 551 964	2 053 099	32
2018	—	—	—	—	—	33
2017	—	—	—	—	—	35
2016	—	—	—	—	—	40
2015	—	—	—	—	—	36
2014	—	—	—	—	—	9
2013	—	—	—	—	—	10
2012	—	—	—	—	—	9
2011	—	—	—	—	—	8
2010	—	—	—	—	—	8
2009	—	—	—	—	—	0
2008	—	—	—	—	—	14
2007	—	—	—	—	—	14
2006	—	—	—	—	—	11
2005	—	—	—	—	—	11
2004	—	—	—	—	—	9
2003	—	—	—	—	—	10
2002	—	—	—	—	—	29
2001	—	—	—	—	—	33
2000	—	—	—	—	—	33

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

4.6 %

Net profit / revenue

Return on equity (ROE)

32.0 %

Net profit / equity

Return on assets (ROA)

10.4 %

Net profit / assets

Equity ratio

32.4 %

Equity / assets

Debt ratio

67.6 %

Liabilities / assets

Current ratio

1.47

Current assets / current liabilities

Revenue per employee

437 690 €

Revenue / average full-time employees

Labour cost per employee per month

2 034 €

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	16 Jun 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	25 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	13 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	15 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	17 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	8 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	19 Jun 2020	Company’s own · audited	e-Äriregister

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Anti Noor
Board member · since 16 Jul 2015
Aleksandr Rostovski
Board member · since 27 Jul 2026

Right of representation

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

Owners

No owner information.

Beneficial owners

Aleksandr Rostovski
Direct ownership · since 13 Sep 2018
VLADIMIR ROSTOVSKI
Direct ownership · since 13 Sep 2018

Founders and other persons

Juri Nedaškovski
Audit firm · 18 Oct 2021
Alla Dmitrijeva
Supervisory board member · 14 Aug 2026
Jan Vinkmann
Supervisory board member · 14 Aug 2026
Stanislav Gordijevitš
Supervisory board member · 14 Aug 2026
Omanikukonto: ALEKSANDR ROSTOVSKI
Shareholder · 8 000 € · 16 Aug 2023
Omanikukonto: VLADIMIR ROSTOVSKI
Shareholder · 16 000 € · 16 Aug 2023
Omanikukonto: ANTI NOOR
Shareholder · 6 720 € · 5 Dec 2025

shared board members, owners or beneficial owners

Activities (EMTAK)

46341Wholesale of alcoholic beverages Main

Rulings 26

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10002996 / 24 27 Jul 2026	Amendment entry		In force 27 Jul 2026	PDF
Ä 10002996 / M5 25 Jun 2021	Ruling to eliminate deficiencies in the annual report	25 Jul 2021	Deficiencies eliminated 1 Jul 2021	PDF
Ä 10002996 / 23 6 Oct 2020	Amendment entry		In force 6 Oct 2020	PDF
K 10002996 / 22 19 Feb 2020	Commercial pledge deleted		In force 19 Feb 2020	PDF
K 10002996 / 21 19 Feb 2020	Commercial pledge deleted		In force 19 Feb 2020	PDF
K 10002996 / 20 19 Feb 2020	Commercial pledge deleted		In force 19 Feb 2020	PDF
Ä 10002996 / 19 18 Jun 2019	Amendment entry		In force 18 Jun 2019	PDF
Ä 10002996 / 18 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10002996 / 17 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10002996 / 16 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10002996 / 15 14 Sep 2016	Amendment entry		In force 14 Sep 2016	PDF
Ä 10002996 / 14 27 Nov 2015	Second (constitutive) merger entry		In force 27 Nov 2015	PDF
Ä 10002996 / M4 10 Aug 2015	Refund of the state fee		In force 10 Aug 2015	PDF
Ä 10002996 / 13 16 Jul 2015	Amendment entry		In force 16 Jul 2015	PDF
Ä 10002996 / 12 11 Jan 2013	Amendment under Commercial Code § 525 (2)		In force 11 Jan 2013	PDF
Ä 10002996 / 11 30 Nov 2012	Amendment entry		In force 30 Nov 2012	PDF
Ä 10002996 / M3 27 Nov 2012	Ruling to eliminate deficiencies	17 Dec 2012	In force 27 Nov 2012	PDF
Ä 10002996 / M2 14 Nov 2012	Ruling to eliminate deficiencies	17 Dec 2012	In force 14 Nov 2012	PDF
Ä 2996 / 10 3 Dec 2008	Deletion of activities from the registry card		In force 15 Dec 2008	PDF
K 99631 / 3 11 Jun 2008	Commercial pledge entered		In force 11 Jun 2008	PDF
K 99631 / 2 11 Jun 2007	Commercial pledge entered		In force 11 Jun 2007	PDF
Ä 2996 / 9 29 Jan 2007	Amendment entry		In force 29 Jan 2007	PDF
K 99631 19 Jun 2006	Commercial pledge entered		In force 19 Jun 2006	PDF
Ä 2996 / 8 1 Nov 2005	Amendment entry		In force	PDF
Ä 2996 / 7 5 Jul 2002	Unpublished amendment entry		In force	PDF
Ä 2996 / 6 18 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

aktsiaselts Monotal

Position in the industry Wholesale trade · EMTAK 46

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 26