SYSTEMAIR AS
Active Registry code 10124312
AS Tallinn Registered 23 Sep 1996
SYSTEMAIR AS is a AS based in Tallinn, registry code 10124312, status: active. Main activity: Wholesale of other machinery and equipment. According to EMTA, turnover for Q3 2026 was €3 753 040 with 12 employees.
Turnover
3 753 040 €
↓ 11.9% vs Q2 2026
State taxes
619 787 €
↓ 5.9% vs Q2 2026
Labour taxes
92 512 €
↑ 4.3% vs Q2 2026
Employees
12
−1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 3.8 mn €above 98% of companiesindustry median 59 985 € · companies in the industry: 6 940
- Labour taxes per employee 7 709 €above 98% of companiesindustry median 2 104 € · companies in the industry: 4 194
- Revenue · 2026 8.2 mn €above 91% of companiesindustry median 111 625 € · companies in the industry: 126
- Net profit margin · 2026 8.4 %above 70% of companiesindustry median 2.5 % · companies in the industry: 98
Taxes and turnover
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (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 | 3 753 040 | 619 787 | 92 512 | 12 |
| Q2 2026 | 4 258 559 | 658 485 | 88 703 | 13 |
| Q1 2026 | 3 144 460 | 510 563 | 64 304 | 13 |
| Q4 2025 | 3 841 230 | 791 930 | 90 867 | 13 |
| Q3 2025 | 3 274 591 | 539 392 | 100 625 | 14 |
| Q2 2025 | 4 776 300 | 685 791 | 97 593 | 12 |
| Q1 2025 | 2 610 387 | 421 552 | 83 183 | 13 |
| Q4 2024 | 3 575 713 | 525 770 | 78 347 | 13 |
| Q3 2024 | 2 865 016 | 530 091 | 77 515 | 13 |
| Q2 2024 | 4 052 403 | 592 420 | 94 081 | 14 |
| Q1 2024 | 3 054 187 | 458 439 | 75 920 | 13 |
| Q4 2023 | 3 128 658 | 422 260 | 73 834 | 13 |
| Q3 2023 | 7 459 835 | 467 690 | 73 711 | 13 |
| Q2 2023 | 3 442 166 | 468 265 | 103 156 | 13 |
| Q1 2023 | 1 937 893 | 288 250 | 69 158 | 13 |
| Q4 2022 | 2 589 138 | 348 048 | 66 615 | 12 |
| Q3 2022 | 2 939 287 | 451 881 | 72 518 | 12 |
| Q2 2022 | 3 100 714 | 431 041 | 75 963 | 12 |
| Q1 2022 | 2 711 207 | 352 724 | 60 807 | 12 |
Labour taxes per employee per month
2 570 €
Turnover per employee in the quarter
312 753 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (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 |
|---|---|---|---|---|---|---|
| 2026 | 8 163 440 | 684 864 | 859 776 | 5 702 040 | 3 379 193 | 14 |
| 2025 | 7 227 925 | 637 518 | 792 398 | 6 845 449 | 3 240 329 | 14 |
| 2024 | 6 903 744 | 955 681 | 724 562 | 7 361 362 | 3 025 509 | 14 |
| 2023 | 6 596 301 | 488 113 | 714 534 | 3 380 238 | 2 490 513 | 14 |
| 2022 | 5 967 117 | 487 407 | 586 803 | 3 175 416 | 2 342 763 | 13 |
| 2021 | 4 326 280 | 184 752 | 506 507 | 2 557 860 | 2 070 356 | 13 |
| 2020 | 6 167 431 | 372 449 | 570 687 | 2 844 279 | 2 219 709 | 13 |
| 2019 | — | — | — | — | — | 12 |
| 2018 | — | — | — | — | — | 12 |
| 2017 | — | — | — | — | — | 12 |
| 2016 | — | — | — | — | — | 12 |
| 2015 | — | — | — | — | — | 12 |
| 2014 | — | — | — | — | — | 12 |
| 2013 | — | — | — | — | — | 12 |
| 2012 | — | — | — | — | — | 13 |
| 2011 | — | — | — | — | — | 13 |
| 2010 | — | — | — | — | — | 14 |
| 2009 | — | — | — | — | — | 16 |
| 2008 | — | — | — | — | — | 18 |
| 2007 | — | — | — | — | — | 18 |
| 2006 | — | — | — | — | — | 18 |
| 2005 | — | — | — | — | — | 20 |
| 2004 | — | — | — | — | — | 20 |
| 2003 | — | — | — | — | — | 15 |
| 2002 | — | — | — | — | — | 16 |
| 1999 | — | — | — | — | — | 17 |
| 1998 | — | — | — | — | — | 18 |
| 1997 | — | — | — | — | — | 18 |
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2026
Net profit margin
8.3 %
Net profit / revenue
Return on equity (ROE)
20.3 %
Net profit / equity
Return on assets (ROA)
12.0 %
Net profit / assets
Equity ratio
59.3 %
Equity / assets
Debt ratio
40.7 %
Liabilities / assets
Current ratio
2.99
Current assets / current liabilities
Revenue per employee
588 245 €
Revenue / average full-time employees
Labour cost per employee per month
5 118 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 May 2025 – 30 Apr 2026 | 30 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 May 2024 – 30 Apr 2025 | 30 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 May 2023 – 30 Apr 2024 | 28 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 May 2022 – 30 Apr 2023 | 29 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 May 2021 – 30 Apr 2022 | 27 Jun 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 May 2020 – 30 Apr 2021 | 22 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 May 2019 – 30 Apr 2020 | 25 Jun 2020 | Company’s own · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Aivar PaluveeBoard member · since 29 May 2003
- Alf Gerald EngströmBoard member · since 29 May 2003
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Alf Gerald EngströmIndirect ownership · SWE · since 8 Oct 2018
Founders and other persons
- OÜ Audiitorbüroo RKTAudit firm · 27 Oct 2010
- Glen Kurt Gustav NilssonSupervisory board member · 15 Mar 2000
- Bengt Anders Claesson UlffSupervisory board member · 5 Jan 2011
- Svein Magnus NilsenSupervisory board member · 5 Jan 2011
- Omanikukonto: SYSTEMAIR ABShareholder · 29 190 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 46649Wholesale of other machinery and equipment Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10072626 / 17 3 Jan 2022 |
Amendment entry | In force 3 Jan 2022 |
||
| K 10072626 / 16 5 Jun 2020 |
Commercial pledge deleted | In force 5 Jun 2020 |
||
| Ä 10072626 / 15 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10072626 / 14 8 Nov 2017 |
Amendment entry | In force 8 Nov 2017 |
||
| Ä 10072626 / 13 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10072626 / 12 1 Sep 2016 |
Amendment entry | In force 1 Sep 2016 |
||
| Ä 10072626 / M8 27 May 2014 |
Warning of deletion from the register: annual report not filed | 23 Nov 2014 | Deficiencies eliminated 7 Jul 2014 |
|
| Ä 10072626 / M7 16 May 2013 |
Fine for not filing the report | 26 Jun 2013 | In force 11 Jun 2013 |
|
| Ä 10072626 / M6 21 Feb 2013 |
Warning of a fine | 24 Mar 2013 | In force 21 Feb 2013 |
|
| Ä 10072626 / M5 6 Jun 2012 |
Warning of deletion from the register: annual report not filed | 6 Dec 2012 | Deficiencies eliminated 6 Dec 2012 |
|
| Ä 10072626 / 11 12 Apr 2011 |
Amendment entry | In force 12 Apr 2011 |
||
| Ä 10072626 / M4 8 Mar 2011 |
Ruling to eliminate deficiencies | 4 Apr 2011 | In force 8 Mar 2011 |
|
| Ä 10072626 / M3 8 Feb 2011 |
Ruling to eliminate deficiencies | 4 Mar 2011 | In force 8 Feb 2011 |
|
| Ä 10072626 / M2 13 Jan 2011 |
Ruling to eliminate deficiencies | 14 Feb 2011 | In force 13 Jan 2011 |
|
| Ä 10072626 / 10 1 Nov 2010 |
Deletion of activities from the registry card | In force 1 Nov 2010 |
||
| Ä 72626 / M1 4 May 2006 |
Warning of deletion from the register: annual report not filed | Deficiencies eliminated 11 May 2006 |
||
| Ä 72626 / 2 27 Aug 2004 |
Entry decision on the register’s own initiative | In force | ||
| Ä 1915 / 9 30 May 2003 |
Note on closing the registry card in the former department | In force | ||
| K 5823 / 3 30 May 2003 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| K 72642 29 May 2003 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| Ä 72626 28 May 2003 |
Registry card opened in the department of the new seat | In force | ||
| Ä 1915 / 8 9 May 2003 |
Note | In force | ||
| Ä 1915 / 7 30 Sep 2002 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data