Swedbank AS
Active Registry code 10060701
AS Tallinn Registered 11 Jul 1996
Swedbank AS is a AS based in Tallinn, registry code 10060701, status: active. Main activity: Credit institutions. Its annual report for 2025 shows revenue of €504 010 563 and 1392 employees.
Turnover
—
State taxes
23 139 273 €
↑ 2.1% vs Q2 2026
Labour taxes
10 833 974 €
↓ 1.3% vs Q2 2026
Employees
1 423
−8 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Labour taxes per employee 7 613 €above 83% of companiesindustry median 2 214 € · companies in the industry: 443
- Revenue · 2025 504 mn €above 98% of companiesindustry median 0 € · companies in the industry: 3 672
- Net profit margin · 2025 61.7 %above 60% of companiesindustry median 34.4 % · companies in the industry: 770
Taxes and turnover
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | — | 23 139 273 | 10 833 974 | 1 423 |
| Q2 2026 | — | 22 659 492 | 10 980 266 | 1 431 |
| Q1 2026 | — | 23 530 287 | 10 442 114 | 1 401 |
| Q4 2025 | — | 24 581 279 | 11 838 048 | 1 392 |
| Q3 2025 | — | 23 960 483 | 11 916 547 | 1 417 |
| Q2 2025 | — | 55 168 056 | 13 612 369 | 1 464 |
| Q1 2025 | — | 23 995 475 | 11 205 711 | 1 443 |
| Q4 2024 | — | 25 876 872 | 11 885 764 | 1 381 |
| Q3 2024 | — | 87 772 504 | 11 221 428 | 1 372 |
| Q2 2024 | — | 40 746 047 | 10 288 975 | 1 416 |
| Q1 2024 | — | 25 880 613 | 8 164 129 | 1 370 |
| Q4 2023 | — | 23 042 379 | 7 333 425 | 1 406 |
| Q3 2023 | — | 22 786 028 | 6 636 981 | 1 399 |
| Q2 2023 | — | 25 840 908 | 6 409 277 | 1 428 |
| Q1 2023 | — | 15 458 140 | 6 389 635 | 1 391 |
| Q4 2022 | — | 12 194 463 | 6 021 972 | 1 420 |
| Q3 2022 | — | 9 640 115 | 6 054 178 | 1 503 |
| Q2 2022 | — | 11 564 752 | 6 325 719 | 1 620 |
| Q1 2022 | — | 11 159 559 | 6 464 886 | 1 564 |
Labour taxes per employee per month
2 538 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 504 010 563 | 310 800 000 | 76 500 000 | 15 758 000 000 | 1 549 000 000 | 1 392 |
| 2024 | 605 597 350 | 323 000 000 | 69 100 000 | 15 587 000 000 | 1 634 000 000 | 1 305 |
| 2023 | 625 317 813 | 428 000 000 | 65 000 000 | 14 399 000 000 | 1 935 000 000 | 1 355 |
| 2022 | 342 418 423 | 207 800 000 | 63 100 000 | 13 842 000 000 | 1 694 000 000 | 1 406 |
| 2021 | 287 493 204 | 186 500 000 | 80 700 000 | 15 536 000 000 | 1 670 000 000 | 1 637 |
| 2020 | 272 083 169 | 187 800 000 | 88 600 000 | 14 064 000 000 | 1 663 000 000 | 2 120 |
| 2019 | 299 898 742 | — | — | 10 984 551 924 | — | 2 098 |
| 2018 | — | — | — | — | — | 2 100 |
| 2017 | — | — | — | — | — | 2 048 |
| 2016 | — | — | — | — | — | 2 071 |
| 2015 | — | — | — | — | — | 2 077 |
| 2014 | — | — | — | — | — | 2 067 |
| 2013 | — | — | — | — | — | 2 023 |
| 2012 | — | — | — | — | — | 2 197 |
| 2011 | — | — | — | — | — | 2 358 |
| 2007 | — | — | — | — | — | 3 246 |
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
59.4 %
Net profit / revenue
Return on equity (ROE)
20.1 %
Net profit / equity
Return on assets (ROA)
2.0 %
Net profit / assets
Equity ratio
9.8 %
Equity / assets
Revenue per employee
375 941 €
Revenue / average full-time employees
Labour cost per employee per month
4 580 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 2 Apr 2026 | Consolidated · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 8 Apr 2025 | Consolidated · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 12 Apr 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 6 Apr 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 14 Apr 2022 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 14 Apr 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 21 Apr 2020 | Consolidated · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Ede RaagmetsBoard member · since 23 Feb 2017
- Olavi LeppBoard member · since 24 Jan 2018
- Tarmo UllaBoard member · since 13 Nov 2019
- Raul VahtraBoard member · since 11 Mar 2020
- Annemari ÕunpuuBoard member · since 1 Mar 2022
- Jelena RaidBoard member · since 10 Mar 2022
- Eero TreumannBoard member · since 6 Jun 2023
- Meelis KadarpikBoard member · since 20 Jun 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
- Olof Kolbjörn SundbladMember of a senior management body (management or supervisory board) · since 16 Jul 2025
Founders and other persons
- Aktsiaselts PricewaterhouseCoopersAudit firm · 3 May 2019
- Olof Kolbjörn SundbladChairman of the supervisory board · 3 Jul 2025
- Kai RealoSupervisory board member · 26 Sep 2022
- Valdur LaidSupervisory board member · 15 Nov 2024
- Stefan Lars FriskSupervisory board member · 20 May 2025
- Anna Peyron LindströmSupervisory board member · 12 Aug 2025
- Anastasiya KhilSupervisory board member · 2 Sep 2026
- Omanikukonto: SWEDBANK BALTICS ASShareholder · 85 000 000 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 64191Credit institutions Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10003534 / 73 1 Sep 2025 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 1 Sep 2025 |
||
| Ä 10003534 / M28 17 Jul 2025 |
Ruling to eliminate deficiencies | 7 Aug 2025 | Deficiencies eliminated 30 Jul 2025 |
|
| Ä 10003534 / 72 20 Jun 2025 |
Amendment entry | In force 20 Jun 2025 |
||
| Ä 10003534 / M27 18 Jun 2025 |
Ruling to eliminate deficiencies | 18 Jul 2025 | Deficiencies eliminated 25 Jun 2025 |
|
| Ä 10003534 / 71 6 Jun 2023 |
Amendment entry | In force 6 Jun 2023 |
||
| Ä 10003534 / 70 18 Nov 2022 |
Amendment under Commercial Code § 525 (2) | In force 18 Nov 2022 |
||
| Ä 10003534 / 69 8 Sep 2022 |
Amendment entry | In force 8 Sep 2022 |
||
| Ä 10003534 / 68 14 Apr 2022 |
Amendment entry | In force 14 Apr 2022 |
||
| Ä 10003534 / 67 10 Mar 2022 |
Amendment entry | In force 10 Mar 2022 |
||
| Ä 10003534 / 66 1 Mar 2022 |
Amendment entry | In force 1 Mar 2022 |
||
| Ä 10003534 / M26 1 Feb 2022 |
Ruling to eliminate deficiencies | 21 Feb 2022 | Deficiencies eliminated 19 Feb 2022 |
|
| Ä 10003534 / M25 1 Dec 2021 |
Ruling to correct data outside an entry | 16 Dec 2021 | Deficiencies eliminated 3 Dec 2021 |
|
| Ä 10003534 / 65 16 Jun 2021 |
Amendment under Commercial Code § 525 (2) | In force 16 Jun 2021 |
||
| Ä 10003534 / 64 11 Mar 2020 |
Amendment entry | In force 11 Mar 2020 |
||
| Ä 10003534 / M24 26 Feb 2020 |
Procedural ruling | In force 26 Feb 2020 |
||
| Ä 10003534 / 63 13 Nov 2019 |
Amendment entry | In force 13 Nov 2019 |
||
| Ä 10003534 / M23 4 Nov 2019 |
Ruling to eliminate deficiencies | 19 Nov 2019 | Deficiencies eliminated 7 Nov 2019 |
|
| Ä 10003534 / 62 3 Oct 2019 |
Amendment entry | In force 3 Oct 2019 |
||
| Ä 10003534 / M22 30 Aug 2019 |
Ruling to correct data outside an entry | 13 Sep 2019 | In force 30 Aug 2019 |
|
| Ä 10003534 / 61 12 Jul 2019 |
Amendment entry | In force 12 Jul 2019 |
||
| Ä 10003534 / M21 10 Jul 2019 |
Ruling to eliminate deficiencies | 9 Aug 2019 | Deficiencies eliminated 12 Jul 2019 |
|
| Ä 10003534 / 60 24 Jan 2018 |
Amendment entry | In force 24 Jan 2018 |
||
| Ä 10003534 / 59 16 Jan 2018 |
Amendment entry | In force 16 Jan 2018 |
||
| Ä 10003534 / 58 7 Nov 2017 |
Amendment entry | In force 7 Nov 2017 |
||
| Ä 10003534 / 57 2 Nov 2017 |
Amendment entry | In force 2 Nov 2017 |
||
| Ä 10003534 / M20 31 Oct 2017 |
Ruling to eliminate deficiencies | 10 Nov 2017 | Deficiencies eliminated 1 Nov 2017 |
|
| Ä 10003534 / 56 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10003534 / 55 11 Aug 2017 |
Amendment entry | In force 11 Aug 2017 |
||
| Ä 10003534 / M19 27 Jul 2017 |
Ruling to eliminate deficiencies | 26 Aug 2017 | Deficiencies eliminated 7 Aug 2017 |
|
| Ä 10003534 / M18 7 Jul 2017 |
Ruling to eliminate deficiencies | 6 Aug 2017 | In force 7 Jul 2017 |
|
| Ä 10003534 / 54 7 Jul 2017 |
Amendment entry | In force 7 Jul 2017 |
||
| Ä 10003534 / 53 23 Feb 2017 |
Amendment entry | In force 23 Feb 2017 |
||
| Ä 10003534 / M17 21 Feb 2017 |
Ruling to eliminate deficiencies | 8 Mar 2017 | Deficiencies eliminated 23 Feb 2017 |
|
| Ä 10003534 / 52 14 Sep 2016 |
Amendment entry | In force 14 Sep 2016 |
||
| Ä 10003534 / 51 27 Apr 2015 |
Amendment entry | In force 27 Apr 2015 |
||
| Ä 10003534 / M16 23 Apr 2015 |
Ruling to eliminate deficiencies | 23 May 2015 | Deficiencies eliminated 27 Apr 2015 |
|
| Ä 10003534 / 50 26 Sep 2011 |
Amendment entry | In force 26 Sep 2011 |
||
| Ä 10003534 / M15 9 Sep 2011 |
Ruling to eliminate deficiencies | 8 Dec 2011 | Deficiencies eliminated 21 Sep 2011 |
|
| Ä 10003534 / 49 19 Aug 2011 |
Amendment entry | In force 19 Aug 2011 |
||
| Ä 10003534 / M14 2 Aug 2011 |
Ruling to be served | In force 2 Aug 2011 |
||
| Ä 10003534 / M13 2 Aug 2011 |
Ruling to eliminate deficiencies | 30 Sep 2011 | In force 2 Aug 2011 |
|
| Ä 10003534 / 48 15 Jul 2011 |
Amendment entry | In force 15 Jul 2011 |
||
| Ä 10003534 / M12 12 Jul 2011 |
Ruling to eliminate deficiencies | 9 Sep 2011 | In force 12 Jul 2011 |
|
| Ä 10003534 / 47 27 Apr 2011 |
Amendment entry | In force 27 Apr 2011 |
||
| Ä 10003534 / 46 3 Dec 2010 |
Amendment entry | In force 3 Dec 2010 |
||
| Ä 10003534 / 45 1 Sep 2010 |
Amendment entry | In force 1 Sep 2010 |
||
| Ä 10003534 / 44 27 May 2010 |
Amendment entry | In force 27 May 2010 |
||
| Ä 3534 / 43 19 Nov 2009 |
Amendment entry | In force 19 Nov 2009 |
||
| Ä 3534 / 42 1 Sep 2009 |
Amendment entry | In force 1 Sep 2009 |
||
| Ä 3534 / M11 22 Jun 2009 |
Ruling to eliminate deficiencies | In force 22 Jun 2009 |
||
| Ä 3534 / 41 9 Jun 2009 |
Amendment entry | In force 9 Jun 2009 |
||
| Ä 3534 / 40 7 Apr 2009 |
Amendment entry | In force 7 Apr 2009 |
||
| Ä 3534 / 39 13 Mar 2009 |
Amendment entry | In force 16 Mar 2009 |
||
| Ä 3534 / 38 20 Feb 2009 |
Amendment entry | In force 20 Feb 2009 |
||
| Ä 3534 / 37 3 Dec 2008 |
Deletion of activities from the registry card | In force 15 Dec 2008 |
||
| Ä 3534 / 36 22 Aug 2008 |
Amendment entry | In force 22 Aug 2008 |
||
| Ä 3534 / M10 23 Jul 2008 |
Ruling to eliminate deficiencies (to be served) | In force 31 Jul 2008 |
||
| Ä 3534 / 35 19 Feb 2008 |
Amendment entry | In force 19 Feb 2008 |
||
| Ä 3534 / 34 21 Jan 2008 |
Amendment entry | In force 21 Jan 2008 |
||
| Ä 3534 / M9 2 Mar 2007 |
Refund of the state fee | In force 2 Mar 2007 |
||
| Ä 3534 / 33 1 Mar 2007 |
Amendment entry | In force 1 Mar 2007 |
||
| Ä 3534 / 32 2 Jan 2007 |
Amendment entry | In force 2 Jan 2007 |
||
| Ä 3534 / 31 9 Jun 2006 |
Amendment entry | In force 9 Jun 2006 |
||
| Ä 3534 / 30 14 Feb 2006 |
Amendment entry | In force 14 Feb 2006 |
||
| Ä 3534 / M8 22 Dec 2005 |
Ruling to eliminate deficiencies (to be served) | 28 Feb 2006 | In force | |
| Ä 3534 / 29 11 Jul 2005 |
Amendment entry | In force | ||
| Ä 3534 / 28 12 Oct 2004 |
Amendment entry | In force | ||
| Ä 3534 / 27 18 Jun 2004 |
Amendment entry | In force | ||
| Ä 3534 / M7 15 Jun 2004 |
Ruling to eliminate deficiencies (to be served) | 6 Aug 2004 | In force | |
| Ä 3534 / M6 14 May 2004 |
Ruling to eliminate deficiencies (to be served) | 30 Jun 2004 | In force | |
| Ä 3534 / 26 25 Mar 2004 |
Amendment entry | In force | ||
| Ä 3534 / 25 27 Jan 2004 |
Amendment entry | In force | ||
| Ä 3534 / 24 30 Dec 2003 |
Amendment entry | In force | ||
| Ä 3534 / 23 30 Oct 2003 |
Amendment entry | In force | ||
| Ä 3534 / 22 23 May 2003 |
Amendment entry | In force | ||
| Ä 3534 / 21 4 Jul 2002 |
Unpublished amendment entry | In force | ||
| Ä 3534 / M5 10 May 2002 |
Ruling to be served | In force | ||
| Ä 3534 / 20 9 May 2002 |
Published amendment entry | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data