Aktsiaselts Maleko

Active Registry code 10111479 AS Tallinn Registered 19 Nov 1996

Aktsiaselts Maleko is a AS based in Tallinn, registry code 10111479, status: active. Main activity: Roofing activities. According to EMTA, turnover for Q3 2026 was €4 490 763 with 57 employees.

Turnover

4 490 763 €

↓ 2.7% vs Q2 2026

State taxes

681 071 €

↑ 7.8% vs Q2 2026

Labour taxes

194 559 €

↑ 9.8% vs Q2 2026

Employees

−4 vs Q2 2026

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

Position in the industry Specialised construction activities · EMTAK 43

Turnover · Q3 2026 4.5 mn €

above 98% of companies

industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee 3 413 €

above 92% of companies

industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025 12.7 mn €

above 98% of companies

industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 2025 1.0 %

above 38% of companies

industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 4 490 763 € · −2.7% vs Q2 2026 · industry median 23 017 € · above 98% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 3 413 € · +17.5% vs Q2 2026 · industry median 1 236 € · above 92% of the industry

Company
Industry median

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

Employees Q3 2026: 57 · −6.6% vs Q2 2026

State taxes, € thousand Q3 2026: 681 071 € · +7.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	4 490 763	681 071	194 559	57
Q2 2026	4 614 541	631 676	177 252	61
Q1 2026	2 779 033	519 276	188 443	59
Q4 2025	4 506 380	712 715	218 861	55
Q3 2025	3 911 320	688 847	180 297	55
Q2 2025	2 870 887	369 871	153 819	52
Q1 2025	3 645 308	605 147	158 893	50
Q4 2024	4 154 949	583 727	169 193	50
Q3 2024	4 850 948	644 317	155 190	50
Q2 2024	3 635 049	535 242	163 351	52
Q1 2024	3 717 015	530 086	165 216	56
Q4 2023	4 563 950	665 875	192 228	54
Q3 2023	4 275 848	544 395	141 447	53
Q2 2023	3 192 514	481 585	149 352	54
Q1 2023	4 250 559	623 883	145 871	54
Q4 2022	6 504 192	932 112	195 162	53
Q3 2022	4 366 843	677 524	167 544	56
Q2 2022	5 699 205	621 125	152 331	57
Q1 2022	3 348 375	404 937	152 350	59

Labour taxes per employee per month

1 138 €

Turnover per employee in the quarter

78 785 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 12 709 258 € · −10.8% vs 2024 · industry median 37 328 € · above 98% of the industry

Company
Industry median

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

Net profit, € thousand 2025: 124 542 € · −78.1% vs 2024 · industry median 561 € · above 98% of the industry

Company
Industry median

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

Net profit margin, % 2025: 1.0 % · −3.0 pp vs the year before · industry median 3.9 % · above 38% of the industry

Company
Industry median

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

Assets, € thousand 2025: 3 694 398 € · −5.1% vs 2024

Equity, € thousand 2025: 2 002 704 € · +6.6% vs 2024

Employees 2025: 59 · +9.3% vs 2024 · industry median 1 · above 98% of the industry

Company
Industry median

Industry: Specialised construction activities (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	12 709 258	124 542	1 787 330	3 694 398	2 002 704	59
2024	14 245 005	569 197	1 535 934	3 893 589	1 878 162	54
2023	13 714 381	224 202	1 501 867	3 869 512	1 308 965	56
2022	16 914 384	664 430	1 566 170	4 540 508	1 791 814	58
2021	14 023 742	405 924	1 529 184	4 419 972	1 127 384	60
2020	11 361 802	390 889	1 438 470	3 393 386	1 112 349	62
2019	12 900 553	471 908	1 496 490	3 770 014	1 193 368	66
2018	—	—	—	—	—	71
2017	—	—	—	—	—	75
2016	—	—	—	—	—	71
2015	—	—	—	—	—	69
2014	—	—	—	—	—	68
2013	—	—	—	—	—	68
2012	—	—	—	—	—	66
2011	—	—	—	—	—	63
2010	—	—	—	—	—	67
2009	—	—	—	—	—	78
2008	—	—	—	—	—	91
2007	—	—	—	—	—	95
2006	—	—	—	—	—	92
2005	—	—	—	—	—	87
2004	—	—	—	—	—	84
2003	—	—	—	—	—	80
2002	—	—	—	—	—	75
2001	—	—	—	—	—	66
2000	—	—	—	—	—	61
1999	—	—	—	—	—	59
1998	—	—	—	—	—	57
1997	—	—	—	—	—	52

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

1.0 %

Net profit / revenue

Return on equity (ROE)

6.2 %

Net profit / equity

Return on assets (ROA)

3.4 %

Net profit / assets

Equity ratio

54.2 %

Equity / assets

Debt ratio

45.8 %

Liabilities / assets

Current ratio

2.08

Current assets / current liabilities

Revenue per employee

215 411 €

Revenue / average full-time employees

Labour cost per employee per month

2 524 €

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	3 Jul 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	8 Jul 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	4 Jul 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	5 Jul 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	8 Jul 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	10 Jul 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
5	2 000 000 EEK	Aktsiaselts SEB Eesti Ühispank	29 Jan 2008 – in force
4	2 000 000 EEK	Aktsiaselts SEB Eesti Ühispank	2 Aug 2004 – in force
3	1 000 000 EEK	AS SEB Pank	3 Jul 2003 – in force
2	2 300 000 EEK	Aktsiaselts SEB Eesti Ühispank	14 Jan 2003 – in force
1	2 000 000 EEK	AS SEB Pank	15 Sep 1997 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Margus Oks
Board member · since 21 Jun 2024
Sven Kredemann
Board member · since 21 Jun 2024
Toomas Nurk
Board member · since 15 Oct 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

Aare Noormaa
Direct ownership · since 24 Oct 2018
Toomas Nurk
Direct ownership · since 24 Oct 2018

Founders and other persons

Toomas Villems
Audit firm · 1 Jan 2000
Villems & Partnerid OÜ
Audit firm · 28 Jun 2012
Sirje Vips
Chairman of the supervisory board · 12 Jun 2024
Krista Nurk
Supervisory board member · 20 Oct 2023
Reet Noormaa
Supervisory board member · 20 Oct 2023
Omanikukonto: Toomas Nurk
Shareholder · 12 800 € · 25 Oct 2023
Omanikukonto: AARE NOORMAA
Shareholder · 8 448 € · 29 Jun 2026

shared board members, owners or beneficial owners

Activities (EMTAK)

43411Roofing activities Main
46131Activities of agents involved in the wholesale of timber and building materials

Rulings 35

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10007422 / 21 15 Oct 2026	Amendment entry		In force 15 Oct 2026	PDF
Ä 10007422 / 20 22 Jan 2026	Amendment entry		In force 22 Jan 2026	PDF
Ä 10007422 / M6 7 Jul 2024	Warning of a fine: annual report not filed	6 Aug 2024	Deficiencies eliminated 9 Jul 2024	PDF
Ä 10007422 / 19 21 Jun 2024	Amendment entry		In force 21 Jun 2024	PDF
Ä 10007422 / M5 6 Jun 2024	Ruling to eliminate deficiencies	30 Jun 2024	Deficiencies eliminated 21 Jun 2024	PDF
Ä 10007422 / 18 18 Oct 2023	Amendment entry		In force 18 Oct 2023	PDF
Ä 10007422 / M4 2 Oct 2023	Ruling to eliminate deficiencies	17 Oct 2023	Deficiencies eliminated 18 Oct 2023	PDF
Ä 10007422 / 17 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10007422 / 16 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10007422 / 15 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10007422 / 14 14 Sep 2016	Amendment entry		In force 14 Sep 2016	PDF
K 10016979 / 12 2 Nov 2012	Commercial pledge amended		In force 2 Nov 2012	PDF
K 10016979 / 11 2 Nov 2012	Commercial pledge amended		In force 2 Nov 2012	PDF
Ä 10007422 / 13 11 May 2012	Entry refused: deficiencies not eliminated		In force 14 May 2012	PDF
Ä 10007422 / M3 17 Jan 2012	Ruling to eliminate deficiencies		In force 17 Jan 2012	PDF
Ä 10007422 / 12 14 Dec 2011	Entry refused: deficiencies not eliminated		In force 15 Dec 2011	PDF
Ä 10007422 / M2 1 Dec 2011	Ruling to eliminate deficiencies		In force 1 Dec 2011	PDF
Ä 7422 / 11 2 Jul 2009	Deletion of activities from the registry card		In force 2 Jul 2009	PDF
K 16979 / 10 29 Jan 2008	Commercial pledge entered		In force 29 Jan 2008	PDF
Ä 7422 / 9 3 Dec 2007	Amendment entry		In force 3 Dec 2007	PDF
Ä 7422 / 8 13 Mar 2007	Amendment entry		In force 13 Mar 2007	PDF
Ä 7422 / 7 5 Jan 2006	Entry decision on the register’s own initiative		In force 5 Jan 2006	PDF
Ä 7422 / 6 21 Dec 2005	Amendment entry		In force	PDF
K 16979 / 9 21 Dec 2005	Compliance with Commercial Code § 33 (7.1)		In force	PDF
K 16979 / 8 21 Dec 2005	Compliance with Commercial Code § 33 (7.1)		In force	PDF
K 16979 / 7 21 Dec 2005	Compliance with Commercial Code § 33 (7.1)		In force	PDF
K 16979 / 6 21 Dec 2005	Compliance with Commercial Code § 33 (7.1)		In force	PDF
Ä 7422 / M1 14 Dec 2005	Ruling to eliminate deficiencies (to be served)	14 Jan 2006	In force	PDF
K 16979 / 5 30 Jul 2004	Commercial pledge entered		In force	PDF
Ä 7422 / 5 24 Jul 2003	Amendment entry		In force	PDF
K 16979 / 4 2 Jul 2003	Commercial pledge entered		In force	PDF
Ä 7422 / 4 24 Jan 2003	Unpublished amendment entry		In force	PDF
K 16979 / 3 14 Jan 2003	Commercial pledge entered		In force	PDF
Ä 7422 / 3 9 Jan 2003	Entry decision on the register’s own initiative		In force	PDF
Ä 7422 / 2 5 Dec 2002	Negative entry decision		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

Aktsiaselts Maleko

Position in the industry Specialised construction activities · EMTAK 43

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 35