Aktsiaselts Propaan

Active Registry code 10102144 AS Tallinn Registered 21 May 1997
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Aktsiaselts Propaan is a AS based in Tallinn, registry code 10102144, status: active. Main activity: Wholesale of other liquid and gaseous fuels and similar. According to EMTA, turnover for Q3 2026 was €5 409 200 with 48 employees.

Turnover
5 409 200 €
↓ 10.9% vs Q2 2026
State taxes
1 325 813 €
↓ 10.4% vs Q2 2026
Labour taxes
151 809 €
↑ 4.8% vs Q2 2026
Employees
48
−2 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

  • Turnover · Q3 2026 5.4 mn €
    industry median 60 065 € · companies in the industry: 6 941
  • Labour taxes per employee 3 163 €
    industry median 2 104 € · companies in the industry: 4 196
  • Revenue · 2025 13.3 mn €
    industry median 63 670 € · companies in the industry: 10 040
  • Net profit margin · 2025 5.2 %
    industry median 2.7 % · companies in the industry: 7 415

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 5 409 200 € · −10.9% vs Q2 2026 · industry median 60 065 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 3 556 351 € Industry median: 69 482 €Q4·23Q1 2024 Company: 3 462 740 € Industry median: 60 360 €Q2 2024 Company: 3 092 721 € Industry median: 66 171 €Q2·24Q3 2024 Company: 3 351 569 € Industry median: 63 038 €Q4 2024 Company: 3 442 830 € Industry median: 65 917 €Q4·24Q1 2025 Company: 4 846 814 € Industry median: 59 713 €Q2 2025 Company: 5 701 369 € Industry median: 61 800 €Q2·25Q3 2025 Company: 5 026 404 € Industry median: 59 924 €Q4 2025 Company: 5 589 134 € Industry median: 59 644 €Q4·25Q1 2026 Company: 5 656 508 € Industry median: 53 973 €Q2 2026 Company: 6 070 354 € Industry median: 61 585 €Q2·26Q3 2026 Company: 5 409 200 € Industry median: 60 065 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 3 442 830 € Industry median: 65 917 €Q1 2025 Company: 4 846 814 € Industry median: 59 713 €Q1·25Q2 2025 Company: 5 701 369 € Industry median: 61 800 €Q3 2025 Company: 5 026 404 € Industry median: 59 924 €Q3·25Q4 2025 Company: 5 589 134 € Industry median: 59 644 €Q1 2026 Company: 5 656 508 € Industry median: 53 973 €Q1·26Q2 2026 Company: 6 070 354 € Industry median: 61 585 €Q3 2026 Company: 5 409 200 € Industry median: 60 065 €Q3·26
  • 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: 3 163 € · +9.1% vs Q2 2026 · industry median 2 104 € · above 67% of the industry
01 0002 0003 0004 000Q4 2023 Company: 2 775 € Industry median: 1 903 €Q4·23Q1 2024 Company: 3 026 € Industry median: 1 947 €Q2 2024 Company: 2 871 € Industry median: 1 959 €Q2·24Q3 2024 Company: 3 246 € Industry median: 2 029 €Q4 2024 Company: 3 069 € Industry median: 2 006 €Q4·24Q1 2025 Company: 3 205 € Industry median: 2 079 €Q2 2025 Company: 3 054 € Industry median: 2 089 €Q2·25Q3 2025 Company: 3 200 € Industry median: 2 157 €Q4 2025 Company: 3 120 € Industry median: 2 169 €Q4·25Q1 2026 Company: 3 129 € Industry median: 2 089 €Q2 2026 Company: 2 898 € Industry median: 2 068 €Q2·26Q3 2026 Company: 3 163 € Industry median: 2 104 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 069 € Industry median: 2 006 €Q1 2025 Company: 3 205 € Industry median: 2 079 €Q1·25Q2 2025 Company: 3 054 € Industry median: 2 089 €Q3 2025 Company: 3 200 € Industry median: 2 157 €Q3·25Q4 2025 Company: 3 120 € Industry median: 2 169 €Q1 2026 Company: 3 129 € Industry median: 2 089 €Q1·26Q2 2026 Company: 2 898 € Industry median: 2 068 €Q3 2026 Company: 3 163 € Industry median: 2 104 €Q3·26
  • 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: 48 · −4.0% vs Q2 2026
0204060Q4 2023 Company: 50Q4·23Q1 2024 Company: 50Q2 2024 Company: 51Q2·24Q3 2024 Company: 51Q4 2024 Company: 48Q4·24Q1 2025 Company: 47Q2 2025 Company: 48Q2·25Q3 2025 Company: 47Q4 2025 Company: 48Q4·25Q1 2026 Company: 49Q2 2026 Company: 50Q2·26Q3 2026 Company: 48Q3·2601020304050Q4 2024 Company: 48Q1 2025 Company: 47Q1·25Q2 2025 Company: 48Q3 2025 Company: 47Q3·25Q4 2025 Company: 48Q1 2026 Company: 49Q1·26Q2 2026 Company: 50Q3 2026 Company: 48Q3·26
State taxes, € thousand Q3 2026: 1 325 813 € · −10.4% vs Q2 2026
05001 0001 500Q4 2023 Company: 1 084 317 €Q4·23Q1 2024 Company: 1 139 181 €Q2 2024 Company: 978 025 €Q2·24Q3 2024 Company: 1 234 084 €Q4 2024 Company: 1 073 855 €Q4·24Q1 2025 Company: 1 164 893 €Q2 2025 Company: 1 142 913 €Q2·25Q3 2025 Company: 1 309 634 €Q4 2025 Company: 1 306 927 €Q4·25Q1 2026 Company: 1 374 389 €Q2 2026 Company: 1 480 176 €Q2·26Q3 2026 Company: 1 325 813 €Q3·2605001 0001 500Q4 2024 Company: 1 073 855 €Q1 2025 Company: 1 164 893 €Q1·25Q2 2025 Company: 1 142 913 €Q3 2025 Company: 1 309 634 €Q3·25Q4 2025 Company: 1 306 927 €Q1 2026 Company: 1 374 389 €Q1·26Q2 2026 Company: 1 480 176 €Q3 2026 Company: 1 325 813 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 5 409 200 1 325 813 151 809 48
Q2 2026 6 070 354 1 480 176 144 899 50
Q1 2026 5 656 508 1 374 389 153 342 49
Q4 2025 5 589 134 1 306 927 149 750 48
Q3 2025 5 026 404 1 309 634 150 378 47
Q2 2025 5 701 369 1 142 913 146 586 48
Q1 2025 4 846 814 1 164 893 150 644 47
Q4 2024 3 442 830 1 073 855 147 294 48
Q3 2024 3 351 569 1 234 084 165 558 51
Q2 2024 3 092 721 978 025 146 438 51
Q1 2024 3 462 740 1 139 181 151 284 50
Q4 2023 3 556 351 1 084 317 138 748 50
Q3 2023 3 075 865 1 044 105 135 008 49
Q2 2023 3 208 759 1 075 560 131 688 48
Q1 2023 3 678 000 966 266 133 460 47
Q4 2022 4 328 446 1 124 832 129 928 46
Q3 2022 3 803 442 1 068 869 122 101 47
Q2 2022 3 944 664 1 002 205 107 209 45
Q1 2022 2 719 717 852 448 111 201 46
Labour taxes per employee per month
1 054 €
Turnover per employee in the quarter
112 692 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 13 296 542 € · +13.8% vs 2024 · industry median 63 670 € · above 98% of the industry
05 00010 00015 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 5 650 258 € Industry median: 78 844 €20192020 Company: 6 082 620 € Industry median: 67 874 €20202021 Company: 9 276 599 € Industry median: 71 567 €20212022 Company: 12 824 587 € Industry median: 75 344 €20222023 Company: 11 868 238 € Industry median: 63 688 €20232024 Company: 11 681 961 € Industry median: 60 250 €20242025 Company: 13 296 542 € Industry median: 63 670 €202505 00010 00015 0002018 Company: — Industry median: —2019 Company: 5 650 258 € Industry median: 78 844 €20192020 Company: 6 082 620 € Industry median: 67 874 €2021 Company: 9 276 599 € Industry median: 71 567 €20212022 Company: 12 824 587 € Industry median: 75 344 €2023 Company: 11 868 238 € Industry median: 63 688 €20232024 Company: 11 681 961 € Industry median: 60 250 €2025 Company: 13 296 542 € Industry median: 63 670 €2025
  • 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: 690 732 € · +17.2% vs 2024 · industry median 125 € · above 98% of the industry
02505007501 0001 2502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 149 978 € Industry median: 1 078 €20192020 Company: 211 385 € Industry median: 900 €20202021 Company: 303 702 € Industry median: 1 413 €20212022 Company: 1 081 888 € Industry median: 886 €20222023 Company: 936 224 € Industry median: 369 €20232024 Company: 589 436 € Industry median: 132 €20242025 Company: 690 732 € Industry median: 125 €202502505007501 0001 2502018 Company: — Industry median: —2019 Company: 149 978 € Industry median: 1 078 €20192020 Company: 211 385 € Industry median: 900 €2021 Company: 303 702 € Industry median: 1 413 €20212022 Company: 1 081 888 € Industry median: 886 €2023 Company: 936 224 € Industry median: 369 €20232024 Company: 589 436 € Industry median: 132 €2025 Company: 690 732 € Industry median: 125 €2025
  • 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: 5.2 % · +0.1 pp vs the year before · industry median 2.7 % · above 60% of the industry
02468102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2.7 % Industry median: 3.7 %20192020 Company: 3.5 % Industry median: 4.1 %20202021 Company: 3.3 % Industry median: 4.9 %20212022 Company: 8.4 % Industry median: 4.2 %20222023 Company: 7.9 % Industry median: 3.5 %20232024 Company: 5.0 % Industry median: 2.9 %20242025 Company: 5.2 % Industry median: 2.7 %202502468102018 Company: — Industry median: —2019 Company: 2.7 % Industry median: 3.7 %20192020 Company: 3.5 % Industry median: 4.1 %2021 Company: 3.3 % Industry median: 4.9 %20212022 Company: 8.4 % Industry median: 4.2 %2023 Company: 7.9 % Industry median: 3.5 %20232024 Company: 5.0 % Industry median: 2.9 %2025 Company: 5.2 % Industry median: 2.7 %2025
  • 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: 6 037 745 € · +12.5% vs 2024
02 0004 0006 0008 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 3 367 546 €20192020 Company: 3 480 807 €20202021 Company: 3 793 239 €20212022 Company: 4 909 232 €20222023 Company: 5 132 944 €20232024 Company: 5 369 088 €20242025 Company: 6 037 745 €202502 0004 0006 0008 0002018 Company: —2019 Company: 3 367 546 €20192020 Company: 3 480 807 €2021 Company: 3 793 239 €20212022 Company: 4 909 232 €2023 Company: 5 132 944 €20232024 Company: 5 369 088 €2025 Company: 6 037 745 €2025
Equity, € thousand 2025: 5 206 147 € · +9.2% vs 2024
02 0004 0006 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 2 693 074 €20192020 Company: 2 824 459 €20202021 Company: 3 061 294 €20212022 Company: 4 039 755 €20222023 Company: 4 475 979 €20232024 Company: 4 765 415 €20242025 Company: 5 206 147 €202502 0004 0006 0002018 Company: —2019 Company: 2 693 074 €20192020 Company: 2 824 459 €2021 Company: 3 061 294 €20212022 Company: 4 039 755 €2023 Company: 4 475 979 €20232024 Company: 4 765 415 €2025 Company: 5 206 147 €2025
Employees 2025: 45 · −6.3% vs 2024 · industry median 2 · above 98% of the industry
02040602016 Company: 51 Industry median: —20162017 Company: 45 Industry median: —20172018 Company: 45 Industry median: 220182019 Company: 42 Industry median: 220192020 Company: 42 Industry median: 220202021 Company: 44 Industry median: 220212022 Company: 45 Industry median: 220222023 Company: 48 Industry median: 220232024 Company: 48 Industry median: 220242025 Company: 45 Industry median: 22025010203040502018 Company: 45 Industry median: 22019 Company: 42 Industry median: 220192020 Company: 42 Industry median: 22021 Company: 44 Industry median: 220212022 Company: 45 Industry median: 22023 Company: 48 Industry median: 220232024 Company: 48 Industry median: 22025 Company: 45 Industry median: 22025
  • 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 13 296 542 690 732 1 445 942 6 037 745 5 206 147 45
2024 11 681 961 589 436 1 498 350 5 369 088 4 765 415 48
2023 11 868 238 936 224 1 383 634 5 132 944 4 475 979 48
2022 12 824 587 1 081 888 1 216 410 4 909 232 4 039 755 45
2021 9 276 599 303 702 1 031 619 3 793 239 3 061 294 44
2020 6 082 620 211 385 922 364 3 480 807 2 824 459 42
2019 5 650 258 149 978 967 080 3 367 546 2 693 074 42
2018 — — — — — 45
2017 — — — — — 45
2016 — — — — — 51
2015 — — — — — 51
2014 — — — — — 54
2013 — — — — — 50
2012 — — — — — 47
2011 — — — — — 47
2010 — — — — — 47
2009 — — — — — 44
2008 — — — — — 47
2007 — — — — — 54
2005 — — — — — 54
2004 — — — — — 52
2003 — — — — — 59
2002 — — — — — 54
2000 — — — — — 52
1999 — — — — — 54

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
5.2 %
Net profit / revenue
Return on equity (ROE)
13.3 %
Net profit / equity
Return on assets (ROA)
11.4 %
Net profit / assets
Equity ratio
86.2 %
Equity / assets
Debt ratio
13.8 %
Liabilities / assets
Current ratio
5.05
Current assets / current liabilities
Revenue per employee
295 479 €
Revenue / average full-time employees
Labour cost per employee per month
2 678 €
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 15 May 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 19 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 29 May 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 25 May 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 9 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 19 Jun 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 210 524 € AS SEB Pank 8 Nov 2012 – in force
1 1 400 000 EEK AS SEB Pank 5 Dec 1997 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Michael Kelfmann
    Board member · since 8 Aug 2016

Right of representation

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

Owners

No owner information.

Beneficial owners

  • Alla Vul
    Member of a senior management body (management or supervisory board) · since 15 May 2023
  • Andres Linnas
    Member of a senior management body (management or supervisory board) · since 15 May 2023
  • Michael Kelfmann
    Member of a senior management body (management or supervisory board) · since 15 May 2023
  • Natalia Rezun
    Member of a senior management body (management or supervisory board) · since 15 May 2023
  • PAVEL MAKSIMOV
    Member of a senior management body (management or supervisory board) · since 15 May 2023

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 46819Wholesale of other liquid and gaseous fuels and similar Main
  • 46861Wholesale of other intermediate products
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
Ä 10006744 / M8
22 May 2026
Procedural ruling In force
22 May 2026
PDF
Ä 10006744 / 21
6 Oct 2020
Amendment entry In force
6 Oct 2020
PDF
Ä 10006744 / 20
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10006744 / 19
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10006744 / 18
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10006744 / 17
14 Sep 2016
Amendment entry In force
14 Sep 2016
PDF
Ä 10006744 / 16
8 Aug 2016
Amendment entry In force
8 Aug 2016
PDF
Ä 10006744 / M7
28 Jul 2016
Ruling to eliminate deficiencies 27 Aug 2016 Deficiencies eliminated
1 Aug 2016
PDF
Ä 10006744 / M6
7 Jul 2016
Ruling to correct data outside an entry 6 Aug 2016 Deficiencies eliminated
7 Jul 2016
PDF
Ä 10006744 / 15
19 Apr 2016
Amendment entry In force
19 Apr 2016
PDF
Ä 10006744 / M5
28 Jan 2015
Ruling to correct data outside an entry 27 Feb 2015 In force
28 Jan 2015
PDF
Ä 10006744 / 14
18 Sep 2014
Amendment entry In force
18 Sep 2014
PDF
K 10021029 / 4
8 Nov 2012
Commercial pledge entered In force
8 Nov 2012
PDF
K 10021029 / 3
8 Nov 2012
Commercial pledge amended In force
8 Nov 2012
PDF
Ä 10006744 / 13
10 Jul 2012
Amendment entry In force
10 Jul 2012
PDF
Ä 10006744 / 12
2 Jul 2012
Amendment under Commercial Code § 525 (2) In force
2 Jul 2012
PDF
Ä 10006744 / 11
1 Feb 2012
Amendment entry In force
1 Feb 2012
PDF
Ä 10006744 / M4
5 Jan 2012
Ruling to eliminate deficiencies In force
5 Jan 2012
PDF
Ä 10006744 / 10
12 Dec 2011
Amendment entry In force
12 Dec 2011
PDF
Ä 6744 / 9
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
Ä 6744 / 8
30 Nov 2007
Amendment entry In force
30 Nov 2007
PDF
Ä 6744 / 7
16 Apr 2003
Amendment entry In force PDF
Ä 6744 / 6
19 Feb 2003
Unpublished amendment entry In force PDF
Ä 6744 / 5
25 Sep 2002
Entry decision on the register’s own initiative In force PDF
Ä 6744 / M3
23 Sep 2002
Ruling to eliminate deficiencies (to be served) 31 Dec 2002 In force PDF
Ä 6744 / 4
22 Aug 2002
Unpublished amendment entry In force PDF
Ä 6744 / 3
8 Aug 2002
Negative entry decision In force PDF

Sources: e-Äriregister and EMTA. Data updated 26 Oct 2026. Open at the source ↗ · Report an error in the data