Aktsiaselts Airest
Active Registry code 10101647
AS Tallinn Registered 13 Jan 1997
Aktsiaselts Airest is a AS based in Tallinn, registry code 10101647, status: active. Main activity: Freight air transport. According to EMTA, turnover for Q3 2026 was €4 873 196 with 21 employees.
Turnover
4 873 196 €
↑ 32.5% vs Q2 2026
State taxes
151 810 €
↑ 3.2% vs Q2 2026
Labour taxes
121 621 €
↓ 9.9% vs Q2 2026
Employees
21
+1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 4.9 mn €above 90% of companiesindustry median 34 626 € · companies in the industry: 35
- Labour taxes per employee 5 791 €above 86% of companiesindustry median 3 583 € · companies in the industry: 16
- Revenue · 2025 9.7 mn €above 92% of companiesindustry median 37 998 € · companies in the industry: 43
- Net profit margin · 2025 -18.2 %above 30% of companiesindustry median 2.5 % · companies in the industry: 34
Taxes and turnover
- Company
- Industry median
Industry: Air transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Air transport (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 | 4 873 196 | 151 810 | 121 621 | 21 |
| Q2 2026 | 3 678 690 | 147 113 | 134 957 | 20 |
| Q1 2026 | 2 836 558 | 148 251 | 131 621 | 21 |
| Q4 2025 | 2 398 211 | 159 086 | 141 325 | 21 |
| Q3 2025 | 2 335 080 | 170 764 | 158 857 | 22 |
| Q2 2025 | 2 721 137 | 157 920 | 143 345 | 23 |
| Q1 2025 | 3 061 493 | 158 858 | 145 650 | 23 |
| Q4 2024 | 3 893 400 | 128 763 | 134 837 | 23 |
| Q3 2024 | 4 078 038 | 126 042 | 130 584 | 24 |
| Q2 2024 | 3 599 665 | 134 745 | 140 379 | 23 |
| Q1 2024 | 3 542 953 | 137 413 | 141 290 | 22 |
| Q4 2023 | 3 443 717 | 127 625 | 132 457 | 23 |
| Q3 2023 | 2 709 705 | 120 186 | 125 739 | 23 |
| Q2 2023 | 3 122 115 | 129 740 | 133 932 | 23 |
| Q1 2023 | 3 206 104 | 119 874 | 123 344 | 22 |
| Q4 2022 | 2 561 703 | 116 211 | 121 100 | 23 |
| Q3 2022 | 2 656 044 | 115 893 | 119 383 | 23 |
| Q2 2022 | 3 575 285 | 127 898 | 124 051 | 24 |
| Q1 2022 | 3 142 267 | 121 664 | 126 643 | 23 |
Labour taxes per employee per month
1 930 €
Turnover per employee in the quarter
232 057 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Air transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Air transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Air transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Air transport (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 | 9 737 818 | -1 773 156 | 1 332 158 | 6 485 912 | 410 498 | 25 |
| 2024 | 15 051 644 | 41 761 | 1 350 097 | 7 094 822 | 2 271 247 | 25 |
| 2023 | 12 343 447 | 148 504 | 1 285 532 | 6 996 883 | 2 229 486 | 25 |
| 2022 | 10 915 602 | -696 750 | 1 203 249 | 6 989 358 | 2 080 982 | 24 |
| 2021 | 10 310 372 | -639 091 | 1 282 844 | 7 623 631 | 2 777 732 | 28 |
| 2020 | 9 688 115 | -1 648 921 | 981 944 | 8 978 681 | 3 416 823 | 28 |
| 2019 | 9 973 661 | -663 711 | 1 106 891 | 10 003 748 | 5 068 994 | 39 |
| 2018 | — | — | — | — | — | 39 |
| 2017 | — | — | — | — | — | 35 |
| 2016 | — | — | — | — | — | 24 |
| 2015 | — | — | — | — | — | 20 |
| 2014 | — | — | — | — | — | 16 |
| 2013 | — | — | — | — | — | 12 |
| 2012 | — | — | — | — | — | 4 |
| 2011 | — | — | — | — | — | 1 |
| 2010 | — | — | — | — | — | 1 |
| 2009 | — | — | — | — | — | 1 |
| 2008 | — | — | — | — | — | 20 |
| 2007 | — | — | — | — | — | 20 |
| 2006 | — | — | — | — | — | 21 |
| 2005 | — | — | — | — | — | 22 |
| 2004 | — | — | — | — | — | 21 |
| 2003 | — | — | — | — | — | 21 |
| 2002 | — | — | — | — | — | 25 |
| 2001 | — | — | — | — | — | 5 |
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
-18.1 %
Net profit / revenue
Return on equity (ROE)
-432.0 %
Net profit / equity
Return on assets (ROA)
-27.3 %
Net profit / assets
Equity ratio
6.3 %
Equity / assets
Debt ratio
93.7 %
Liabilities / assets
Current ratio
0.59
Current assets / current liabilities
Revenue per employee
390 969 €
Revenue / average full-time employees
Labour cost per employee per month
4 441 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 21 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 14 Apr 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 5 May 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 14 Feb 2022 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 9 Apr 2021 | Company’s own · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Deniss ŽilkinsBoard member · since 3 Jul 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
- Janek ValdmaIndirect ownership · since 19 Jun 2023
- Leo TõnuristRight to appoint or remove most of the management · since 19 Jun 2023
- Taavo SavikRight to appoint or remove most of the management · since 19 Jun 2023
- Toomas LiivaRight to appoint or remove most of the management · since 19 Jun 2023
Founders and other persons
- Alar HeinasteAudit firm · 1 Sep 2010
- Alar HeinasteAudit firm · 14 Aug 2012
- Erko KundlaChairman of the supervisory board · 30 Sep 2022
- Janek ValdmaSupervisory board member · 30 Sep 2022
- Toomas LiivaSupervisory board member · 30 Sep 2022
- Omanikukonto: Aktsiaselts AirestShareholder · 3 250 € · 16 Aug 2023
- Omanikukonto: AT PARTNERS GROUP ASShareholder · 9 750 € · 16 Aug 2023
- Omanikukonto: OÜ JUSTKULLShareholder · 6 500 € · 16 Aug 2023
- Omanikukonto: Unafraid OÜShareholder · 13 000 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 51211Freight air transport Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10006591 / 27 30 Jul 2025 |
Amendment entry | In force 30 Jul 2025 |
||
| Ä 10006591 / 26 3 Jul 2025 |
Amendment entry | In force 3 Jul 2025 |
||
| K 10006591 / 25 12 Oct 2022 |
Commercial pledge deleted | In force 12 Oct 2022 |
||
| K 10006591 / 24 11 Jan 2022 |
Commercial pledge deleted | In force 11 Jan 2022 |
||
| K 10006591 / 23 18 May 2020 |
Commercial pledge entered | In force 18 May 2020 |
||
| Ä 10006591 / M12 31 Dec 2019 |
Procedural ruling | 30 Jan 2020 | Deficiencies eliminated 6 Jan 2020 |
|
| Ä 10006591 / 22 29 Oct 2018 |
Amendment under Commercial Code § 525 (2) | In force 29 Oct 2018 |
||
| Ä 10006591 / 21 16 Jan 2018 |
Amendment entry | In force 16 Jan 2018 |
||
| Ä 10006591 / 20 7 Nov 2017 |
Amendment entry | In force 7 Nov 2017 |
||
| Ä 10006591 / M11 3 Oct 2017 |
Ruling to eliminate deficiencies | 2 Nov 2017 | Deficiencies eliminated 3 Oct 2017 |
|
| Ä 10006591 / 19 3 Oct 2017 |
Amendment entry | In force 3 Oct 2017 |
||
| Ä 10006591 / 18 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10006591 / 17 21 Aug 2017 |
Amendment entry | In force 21 Aug 2017 |
||
| Ä 10006591 / M10 9 Aug 2017 |
Ruling to eliminate deficiencies | 3 Sep 2017 | Deficiencies eliminated 21 Aug 2017 |
|
| Ä 10006591 / 16 16 Sep 2016 |
Amendment entry | In force 16 Sep 2016 |
||
| Ä 10006591 / 15 2 Oct 2015 |
Division entry (second, constitutive) | In force 2 Oct 2015 |
||
| Ä 10006591 / M9 29 Sep 2015 |
Ruling to eliminate deficiencies | 19 Oct 2015 | Deficiencies eliminated 2 Oct 2015 |
|
| Ä 10006591 / M8 11 Sep 2015 |
Ruling to eliminate deficiencies | 1 Oct 2015 | Deficiencies eliminated 2 Oct 2015 |
|
| K 10006591 / 14 27 Jan 2015 |
Commercial pledge entered | In force 27 Jan 2015 |
||
| Ä 10006591 / 13 13 Oct 2014 |
Amendment entry | In force 13 Oct 2014 |
||
| Ä 10006591 / M7 24 Sep 2014 |
Ruling to eliminate deficiencies | 24 Oct 2014 | Deficiencies eliminated 6 Oct 2014 |
|
| Ä 10006591 / 12 6 Aug 2013 |
Amendment entry | In force 6 Aug 2013 |
||
| Ä 10006591 / 11 21 Feb 2011 |
Amendment entry | In force 22 Feb 2011 |
||
| Ä 10006591 / M6 15 Feb 2011 |
Ruling to eliminate deficiencies | 28 Feb 2011 | In force 15 Feb 2011 |
|
| Ä 10006591 / 9 2 Feb 2011 |
Amendment entry | In force 2 Feb 2011 |
||
| Ä 10006591 / 10 2 Feb 2011 |
Amendment entry | In force 2 Feb 2011 |
||
| Ä 10006591 / M5 20 Jan 2011 |
Ruling to eliminate deficiencies | In force 20 Jan 2011 |
||
| Ä 10006591 / 8 13 Sep 2010 |
Amendment under Commercial Code § 525 (2) | In force 13 Sep 2010 |
||
| Ä 6591 / 7 27 Feb 2009 |
Amendment entry | In force 27 Feb 2009 |
||
| Ä 6591 / 6 3 Dec 2008 |
Deletion of activities from the registry card | In force 3 Dec 2008 |
||
| Ä 6591 / M4 15 Sep 2006 |
Fine for not filing the report | Deficiencies eliminated 18 Sep 2006 |
||
| Ä 6591 / M3 12 Oct 2004 |
Fine for not filing the report | 14 Nov 2004 | In force | |
| Ä 6591 / 5 20 Mar 2002 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data