Aktsiaselts Telset

Active Registry code 10098483 AS Tallinn Registered 13 Jan 1997
Compare

Aktsiaselts Telset is a AS based in Tallinn, registry code 10098483, status: active. Main activity: Other telecommunication activities. According to EMTA, turnover for Q3 2026 was €632 651 with 39 employees.

Turnover
632 651 €
↓ 1.0% vs Q2 2026
State taxes
207 984 €
↑ 12.9% vs Q2 2026
Labour taxes
81 532 €
↓ 3.0% vs Q2 2026
Employees
39
−1 vs Q2 2026

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

Position in the industry Telecommunication · EMTAK 61

  • Turnover · Q3 2026 632 651 €
    industry median 27 861 € · companies in the industry: 217
  • Labour taxes per employee 2 091 €
    industry median 2 084 € · companies in the industry: 113
  • Revenue · 2025 2.5 mn €
    industry median 24 896 € · companies in the industry: 295
  • Net profit margin · 2025 11.4 %
    industry median 4.1 % · companies in the industry: 222

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 632 651 € · −1.0% vs Q2 2026 · industry median 27 861 € · above 85% of the industry
0200400600800Q4 2023 Company: 618 017 € Industry median: 31 932 €Q4·23Q1 2024 Company: 595 483 € Industry median: 32 873 €Q2 2024 Company: 591 779 € Industry median: 30 630 €Q2·24Q3 2024 Company: 599 939 € Industry median: 30 981 €Q4 2024 Company: 636 426 € Industry median: 31 663 €Q4·24Q1 2025 Company: 629 974 € Industry median: 30 804 €Q2 2025 Company: 637 547 € Industry median: 28 773 €Q2·25Q3 2025 Company: 638 610 € Industry median: 29 874 €Q4 2025 Company: 648 431 € Industry median: 28 183 €Q4·25Q1 2026 Company: 640 371 € Industry median: 31 356 €Q2 2026 Company: 638 846 € Industry median: 25 656 €Q2·26Q3 2026 Company: 632 651 € Industry median: 27 861 €Q3·260200400600800Q4 2024 Company: 636 426 € Industry median: 31 663 €Q1 2025 Company: 629 974 € Industry median: 30 804 €Q1·25Q2 2025 Company: 637 547 € Industry median: 28 773 €Q3 2025 Company: 638 610 € Industry median: 29 874 €Q3·25Q4 2025 Company: 648 431 € Industry median: 28 183 €Q1 2026 Company: 640 371 € Industry median: 31 356 €Q1·26Q2 2026 Company: 638 846 € Industry median: 25 656 €Q3 2026 Company: 632 651 € Industry median: 27 861 €Q3·26
  • Company
  • Industry median

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

Labour taxes per employee, € Q3 2026: 2 091 € · −0.5% vs Q2 2026 · industry median 2 084 € · above 50% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 731 € Industry median: 1 923 €Q4·23Q1 2024 Company: 1 579 € Industry median: 2 111 €Q2 2024 Company: 1 841 € Industry median: 2 105 €Q2·24Q3 2024 Company: 2 061 € Industry median: 2 061 €Q4 2024 Company: 2 035 € Industry median: 2 106 €Q4·24Q1 2025 Company: 1 968 € Industry median: 2 118 €Q2 2025 Company: 1 343 € Industry median: 2 126 €Q2·25Q3 2025 Company: 2 142 € Industry median: 2 363 €Q4 2025 Company: 2 326 € Industry median: 2 352 €Q4·25Q1 2026 Company: 2 238 € Industry median: 2 064 €Q2 2026 Company: 2 101 € Industry median: 2 127 €Q2·26Q3 2026 Company: 2 091 € Industry median: 2 084 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 2 035 € Industry median: 2 106 €Q1 2025 Company: 1 968 € Industry median: 2 118 €Q1·25Q2 2025 Company: 1 343 € Industry median: 2 126 €Q3 2025 Company: 2 142 € Industry median: 2 363 €Q3·25Q4 2025 Company: 2 326 € Industry median: 2 352 €Q1 2026 Company: 2 238 € Industry median: 2 064 €Q1·26Q2 2026 Company: 2 101 € Industry median: 2 127 €Q3 2026 Company: 2 091 € Industry median: 2 084 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 39 · −2.5% vs Q2 2026
01020304050Q4 2023 Company: 46Q4·23Q1 2024 Company: 47Q2 2024 Company: 46Q2·24Q3 2024 Company: 40Q4 2024 Company: 38Q4·24Q1 2025 Company: 39Q2 2025 Company: 39Q2·25Q3 2025 Company: 39Q4 2025 Company: 40Q4·25Q1 2026 Company: 41Q2 2026 Company: 40Q2·26Q3 2026 Company: 39Q3·2601020304050Q4 2024 Company: 38Q1 2025 Company: 39Q1·25Q2 2025 Company: 39Q3 2025 Company: 39Q3·25Q4 2025 Company: 40Q1 2026 Company: 41Q1·26Q2 2026 Company: 40Q3 2026 Company: 39Q3·26
State taxes, € thousand Q3 2026: 207 984 € · +12.9% vs Q2 2026
050100150200250Q4 2023 Company: 101 974 €Q4·23Q1 2024 Company: 94 359 €Q2 2024 Company: 131 883 €Q2·24Q3 2024 Company: 150 581 €Q4 2024 Company: 134 857 €Q4·24Q1 2025 Company: 152 191 €Q2 2025 Company: 143 241 €Q2·25Q3 2025 Company: 181 384 €Q4 2025 Company: 186 979 €Q4·25Q1 2026 Company: 188 336 €Q2 2026 Company: 184 146 €Q2·26Q3 2026 Company: 207 984 €Q3·26050100150200250Q4 2024 Company: 134 857 €Q1 2025 Company: 152 191 €Q1·25Q2 2025 Company: 143 241 €Q3 2025 Company: 181 384 €Q3·25Q4 2025 Company: 186 979 €Q1 2026 Company: 188 336 €Q1·26Q2 2026 Company: 184 146 €Q3 2026 Company: 207 984 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 632 651 207 984 81 532 39
Q2 2026 638 846 184 146 84 023 40
Q1 2026 640 371 188 336 91 769 41
Q4 2025 648 431 186 979 93 045 40
Q3 2025 638 610 181 384 83 547 39
Q2 2025 637 547 143 241 52 387 39
Q1 2025 629 974 152 191 76 742 39
Q4 2024 636 426 134 857 77 331 38
Q3 2024 599 939 150 581 82 437 40
Q2 2024 591 779 131 883 84 695 46
Q1 2024 595 483 94 359 74 191 47
Q4 2023 618 017 101 974 79 619 46
Q3 2023 583 385 122 827 83 352 46
Q2 2023 570 142 82 270 71 777 47
Q1 2023 550 500 81 007 68 764 47
Q4 2022 556 503 101 339 72 615 48
Q3 2022 565 399 119 543 72 373 48
Q2 2022 556 526 107 658 69 314 49
Q1 2022 559 034 118 856 71 309 49
Labour taxes per employee per month
697 €
Turnover per employee in the quarter
16 222 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 2 459 633 € · +4.8% vs 2024 · industry median 24 896 € · above 92% of the industry
05001 0001 5002 0002 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 962 538 € Industry median: 34 440 €20192020 Company: 1 956 474 € Industry median: 32 263 €20202021 Company: 2 043 732 € Industry median: 31 989 €20212022 Company: 2 114 757 € Industry median: 29 713 €20222023 Company: 2 218 853 € Industry median: 23 361 €20232024 Company: 2 347 021 € Industry median: 28 904 €20242025 Company: 2 459 633 € Industry median: 24 896 €202505001 0001 5002 0002 5002018 Company: — Industry median: —2019 Company: 1 962 538 € Industry median: 34 440 €20192020 Company: 1 956 474 € Industry median: 32 263 €2021 Company: 2 043 732 € Industry median: 31 989 €20212022 Company: 2 114 757 € Industry median: 29 713 €2023 Company: 2 218 853 € Industry median: 23 361 €20232024 Company: 2 347 021 € Industry median: 28 904 €2025 Company: 2 459 633 € Industry median: 24 896 €2025
  • Company
  • Industry median

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

Net profit, € thousand 2025: 280 810 € · −42.1% vs 2024 · industry median 25 € · above 94% of the industry
01002003004005002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 260 692 € Industry median: 902 €20192020 Company: 398 946 € Industry median: 777 €20202021 Company: 498 421 € Industry median: 487 €20212022 Company: 292 059 € Industry median: 114 €20222023 Company: 485 756 € Industry median: 93 €20232024 Company: 484 802 € Industry median: 322 €20242025 Company: 280 810 € Industry median: 25 €202501002003004005002018 Company: — Industry median: —2019 Company: 260 692 € Industry median: 902 €20192020 Company: 398 946 € Industry median: 777 €2021 Company: 498 421 € Industry median: 487 €20212022 Company: 292 059 € Industry median: 114 €2023 Company: 485 756 € Industry median: 93 €20232024 Company: 484 802 € Industry median: 322 €2025 Company: 280 810 € Industry median: 25 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 11.4 % · −9.2 pp vs the year before · industry median 4.1 % · above 67% of the industry
05101520252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 13.3 % Industry median: 4.6 %20192020 Company: 20.4 % Industry median: 5.3 %20202021 Company: 24.4 % Industry median: 3.5 %20212022 Company: 13.8 % Industry median: 4.1 %20222023 Company: 21.9 % Industry median: 4.7 %20232024 Company: 20.7 % Industry median: 5.6 %20242025 Company: 11.4 % Industry median: 4.1 %202505101520252018 Company: — Industry median: —2019 Company: 13.3 % Industry median: 4.6 %20192020 Company: 20.4 % Industry median: 5.3 %2021 Company: 24.4 % Industry median: 3.5 %20212022 Company: 13.8 % Industry median: 4.1 %2023 Company: 21.9 % Industry median: 4.7 %20232024 Company: 20.7 % Industry median: 5.6 %2025 Company: 11.4 % Industry median: 4.1 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 10 790 507 € · +0.1% vs 2024
02 5005 0007 50010 00012 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 6 782 286 €20192020 Company: 7 573 427 €20202021 Company: 8 007 299 €20212022 Company: 8 819 894 €20222023 Company: 10 156 193 €20232024 Company: 10 778 732 €20242025 Company: 10 790 507 €202502 5005 0007 50010 00012 5002018 Company: —2019 Company: 6 782 286 €20192020 Company: 7 573 427 €2021 Company: 8 007 299 €20212022 Company: 8 819 894 €2023 Company: 10 156 193 €20232024 Company: 10 778 732 €2025 Company: 10 790 507 €2025
Equity, € thousand 2025: 6 224 819 € · +1.3% vs 2024
02 0004 0006 0008 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 4 984 026 €20192020 Company: 5 182 972 €20202021 Company: 5 481 393 €20212022 Company: 5 573 452 €20222023 Company: 5 859 207 €20232024 Company: 6 144 009 €20242025 Company: 6 224 819 €202502 0004 0006 0008 0002018 Company: —2019 Company: 4 984 026 €20192020 Company: 5 182 972 €2021 Company: 5 481 393 €20212022 Company: 5 573 452 €2023 Company: 5 859 207 €20232024 Company: 6 144 009 €2025 Company: 6 224 819 €2025
Employees 2025: 39 · +11.4% vs 2024 · industry median 2 · above 91% of the industry
010203040502016 Company: 50 Industry median: —20162017 Company: 49 Industry median: —20172018 Company: 50 Industry median: 220182019 Company: 49 Industry median: 220192020 Company: 49 Industry median: 220202021 Company: 49 Industry median: 220212022 Company: 49 Industry median: 220222023 Company: 49 Industry median: 220232024 Company: 35 Industry median: 220242025 Company: 39 Industry median: 22025010203040502018 Company: 50 Industry median: 22019 Company: 49 Industry median: 220192020 Company: 49 Industry median: 22021 Company: 49 Industry median: 220212022 Company: 49 Industry median: 22023 Company: 49 Industry median: 220232024 Company: 35 Industry median: 22025 Company: 39 Industry median: 22025
  • Company
  • Industry median

Industry: Telecommunication (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 2 459 633 280 810 844 133 10 790 507 6 224 819 39
2024 2 347 021 484 802 842 010 10 778 732 6 144 009 35
2023 2 218 853 485 756 810 520 10 156 193 5 859 207 49
2022 2 114 757 292 059 771 494 8 819 894 5 573 452 49
2021 2 043 732 498 421 752 938 8 007 299 5 481 393 49
2020 1 956 474 398 946 711 581 7 573 427 5 182 972 49
2019 1 962 538 260 692 678 189 6 782 286 4 984 026 49
2018 — — — — — 50
2017 — — — — — 49
2016 — — — — — 50
2015 — — — — — 50
2014 — — — — — 50
2013 — — — — — 49
2012 — — — — — 51
2011 — — — — — 49
2010 — — — — — 48
2009 — — — — — 52
2008 — — — — — 43
2007 — — — — — 42
2006 — — — — — 42
2005 — — — — — 42
2004 — — — — — 40
2003 — — — — — 42
2002 — — — — — 54
2001 — — — — — 52
1999 — — — — — 73
1998 — — — — — 65
1997 — — — — — 45

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
11.4 %
Net profit / revenue
Return on equity (ROE)
4.5 %
Net profit / equity
Return on assets (ROA)
2.6 %
Net profit / assets
Equity ratio
57.7 %
Equity / assets
Debt ratio
42.3 %
Liabilities / assets
Current ratio
0.19
Current assets / current liabilities
Revenue per employee
63 068 €
Revenue / average full-time employees
Labour cost per employee per month
1 804 €
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 10 Jul 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 2 Aug 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 19 Jul 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 6 Sep 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 3 Oct 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 1 Oct 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Oct 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 65 000 € Swedbank AS 15 Nov 2023 – in force

Board

Right of representation

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

Owners

No owner information.

Beneficial owners

  • Viktor Gaidušin
    Member of a senior management body (management or supervisory board) · since 17 Jan 2023

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 61901Other telecommunication activities Main
  • 43213Installation of telecommunication wirings and antennas
  • 46503Wholesale of electronic and telecommunication equipment and parts
  • 61101Wired, wireless, and satellite telecommunication activities
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
Ä 10006432 / M16
7 Jul 2026
Warning of a fine: annual report not filed 8 Aug 2026 Deficiencies eliminated
11 Jul 2026
PDF
Ä 10006432 / M15
28 Jan 2026
Ruling to correct data outside an entry 11 Feb 2026 In force
28 Jan 2026
PDF
Ä 10006432 / M14
7 Jul 2025
Warning of a fine: annual report not filed 6 Aug 2025 Deficiencies eliminated
3 Aug 2025
PDF
Ä 10006432 / M13
7 Jul 2024
Warning of a fine: annual report not filed 6 Aug 2024 Deficiencies eliminated
21 Jul 2024
PDF
Ä 10006432 / 15
23 Nov 2023
Amendment entry In force
23 Nov 2023
PDF
K 10006432 / M12
15 Nov 2023
Ruling to eliminate deficiencies Deficiencies eliminated
15 Nov 2023
PDF
K 10006432 / 14
15 Nov 2023
Commercial pledge entered In force
15 Nov 2023
PDF
Ä 10006432 / M11
22 Aug 2023
Warning of a fine: annual report not filed 21 Sep 2023 Deficiencies eliminated
7 Sep 2023
PDF
Ä 10006432 / M10
17 Jan 2023
Ruling to correct data outside an entry 27 Jan 2023 In force
17 Jan 2023
PDF
Ä 10006432 / M9
29 Jan 2020
Ruling to eliminate deficiencies 13 Feb 2020 Deficiencies eliminated
3 Feb 2020
PDF
Ä 10006432 / 13
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10006432 / 12
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10006432 / 11
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10006432 / 10
8 Sep 2016
Amendment entry In force
8 Sep 2016
PDF
Ä 10006432 / M8
22 Apr 2015
Refund of the state fee In force
22 Apr 2015
PDF
Ä 10006432 / 9
17 Jan 2013
Amendment entry In force
17 Jan 2013
PDF
Ä 10006432 / 8
25 Jan 2011
Amendment entry In force
25 Jan 2011
PDF
Ä 10006432 / M7
13 Jan 2011
Ruling to eliminate deficiencies 28 Feb 2011 In force
13 Jan 2011
PDF
Ä 6432 / M6
14 Jan 2010
Fine 29 Jan 2010 In force
14 Jan 2010
PDF
Ä 6432 / M5
30 Nov 2009
Warning of a fine: deficiencies in the annual report In force
30 Nov 2009
PDF
Ä 6432 / 7
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
Ä 6432 / 6
22 May 2007
Amendment entry In force
22 May 2007
PDF
Ä 6432 / M4
19 Feb 2007
Refund of the state fee In force
19 Feb 2007
PDF
Ä 6432 / 5
21 Jun 2004
Amendment entry In force PDF
Ä 6432 / M3
4 Jun 2004
Ruling to eliminate deficiencies (to be served) In force PDF
Ä 6432 / 4
25 Jun 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