aktsiaselts SALVEST
Active Registry code 10124909
AS Tartu linn Registered 17 Sep 1996
aktsiaselts SALVEST is a AS based in Tartu linn, registry code 10124909, status: active. Main activity: Manufacture of homogenised food preparations and dietetic food. According to EMTA, turnover for Q3 2026 was €7 963 446 with 184 employees.
Turnover
7 963 446 €
↓ 7.9% vs Q2 2026
State taxes
774 104 €
↑ 7.0% vs Q2 2026
Labour taxes
554 626 €
↑ 1.1% vs Q2 2026
Employees
184
+10 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 8 mn €above 98% of companiesindustry median 45 078 € · companies in the industry: 614
- Labour taxes per employee 3 014 €above 86% of companiesindustry median 1 325 € · companies in the industry: 551
- Revenue · 2025 23.2 mn €above 98% of companiesindustry median 18 772 € · companies in the industry: 1 075
- Net profit margin · 2025 4.9 %above 62% of companiesindustry median 2.1 % · companies in the industry: 817
Taxes and turnover
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (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 | 7 963 446 | 774 104 | 554 626 | 184 |
| Q2 2026 | 8 649 158 | 723 628 | 548 517 | 174 |
| Q1 2026 | 8 754 660 | 997 161 | 488 206 | 179 |
| Q4 2025 | 9 101 540 | 923 200 | 543 920 | 177 |
| Q3 2025 | 8 423 914 | 882 446 | 485 909 | 169 |
| Q2 2025 | 8 089 433 | 667 050 | 478 132 | 169 |
| Q1 2025 | 7 740 405 | 895 452 | 435 597 | 161 |
| Q4 2024 | 8 871 916 | 944 283 | 465 760 | 164 |
| Q3 2024 | 7 603 521 | 896 416 | 472 132 | 171 |
| Q2 2024 | 7 201 509 | 803 867 | 445 731 | 172 |
| Q1 2024 | 7 729 139 | 816 275 | 423 694 | 178 |
| Q4 2023 | 8 442 045 | 858 967 | 443 009 | 179 |
| Q3 2023 | 7 838 022 | 946 541 | 453 699 | 184 |
| Q2 2023 | 8 251 558 | 689 221 | 424 436 | 179 |
| Q1 2023 | 8 100 733 | 805 113 | 395 090 | 177 |
| Q4 2022 | 7 998 212 | 686 895 | 404 915 | 178 |
| Q3 2022 | 7 220 286 | 687 063 | 397 309 | 177 |
| Q2 2022 | 7 285 583 | 642 709 | 360 052 | 166 |
| Q1 2022 | 6 865 478 | 740 208 | 333 625 | 174 |
Labour taxes per employee per month
1 005 €
Turnover per employee in the quarter
43 280 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (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 | 23 201 311 | 1 138 935 | 5 040 332 | 22 893 437 | 15 080 043 | 169 |
| 2024 | 20 893 222 | 245 141 | 4 704 162 | 23 207 274 | 14 509 608 | 173 |
| 2023 | 20 683 897 | 132 786 | 4 448 673 | 24 850 103 | 14 429 107 | 179 |
| 2022 | 19 944 032 | 1 495 710 | 4 057 401 | 25 023 561 | 14 464 824 | 176 |
| 2021 | 17 479 610 | 1 038 325 | 3 812 768 | 21 912 151 | 13 124 117 | 177 |
| 2020 | 18 104 001 | 1 395 587 | 3 699 201 | 21 813 521 | 12 600 883 | 178 |
| 2019 | 17 747 097 | 294 225 | 3 797 490 | 21 915 773 | 11 305 296 | 190 |
| 2018 | — | — | — | — | — | 180 |
| 2017 | — | — | — | — | — | 167 |
| 2016 | — | — | — | — | — | 0 |
| 2015 | — | — | — | — | — | 0 |
| 2014 | — | — | — | — | — | 0 |
| 2013 | — | — | — | — | — | 127 |
| 2012 | — | — | — | — | — | 132 |
| 2011 | — | — | — | — | — | 134 |
| 2008 | — | — | — | — | — | 151 |
| 2007 | — | — | — | — | — | 149 |
| 2006 | — | — | — | — | — | 138 |
| 2005 | — | — | — | — | — | 134 |
| 2004 | — | — | — | — | — | 136 |
| 2003 | — | — | — | — | — | 150 |
| 2002 | — | — | — | — | — | 147 |
| 2001 | — | — | — | — | — | 132 |
| 2000 | — | — | — | — | — | 139 |
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
4.5 %
Net profit / revenue
Return on equity (ROE)
7.6 %
Net profit / equity
Return on assets (ROA)
5.0 %
Net profit / assets
Equity ratio
65.9 %
Equity / assets
Debt ratio
34.1 %
Liabilities / assets
Current ratio
1.71
Current assets / current liabilities
Revenue per employee
149 678 €
Revenue / average full-time employees
Labour cost per employee per month
2 485 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 26 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 25 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 25 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 26 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 28 Jun 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 25 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 20 Oct 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 4 | 518 957 € | Swedbank AS | 30 Dec 2015 – in force |
| 3 | 6 000 000 EEK | Swedbank AS | 25 Mar 2002 – in force |
| 2 | 600 000 EEK | Swedbank AS | 26 Apr 2000 – in force |
| 1 | 8 750 000 EEK | Swedbank AS | 13 Aug 1997 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Jaanus AalBoard member · since 21 Oct 2024
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Owner in
- 100%
Beneficial owners
- Veljo IpitsDirect ownership · since 11 Oct 2018
Founders and other persons
- AUDIITORBÜROO ELSS ASAudit firm · 1 Jan 2017
- Veljo IpitsChairman of the supervisory board · 18 Oct 2021
- Kristina IpitsSupervisory board member · 18 Oct 2021
- Lauri BetlemSupervisory board member · 1 Nov 2023
- Omanikukonto: Veljo IpitsShareholder · 325 000 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 10861Manufacture of homogenised food preparations and dietetic food Main
- 10391Other processing and preserving of fruit and vegetables
- 10841Manufacture of condiments and seasonings
- 10851Manufacture of prepared meals and dishes
- 10891Manufacture of other food products n.e.c.
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| K 20001629 / 27 18 May 2026 |
Commercial pledge amended | In force 18 May 2026 |
||
| K 20001629 / 26 18 May 2026 |
Commercial pledge amended | In force 18 May 2026 |
||
| K 20001629 / 25 18 May 2026 |
Commercial pledge amended | In force 18 May 2026 |
||
| K 20001629 / 24 18 May 2026 |
Commercial pledge amended | In force 18 May 2026 |
||
| Ä 20001629 / 23 28 Oct 2024 |
Amendment entry | In force 28 Oct 2024 |
||
| Ä 20001629 / 22 21 Oct 2024 |
Amendment entry | In force 21 Oct 2024 |
||
| Ä 20001629 / M10 14 Oct 2024 |
Ruling to eliminate deficiencies | 1 Nov 2024 | Deficiencies eliminated 18 Oct 2024 |
|
| Ä 20001629 / 21 29 Oct 2018 |
Amendment entry | In force 29 Oct 2018 |
||
| Ä 20001629 / M9 11 Oct 2018 |
Ruling to eliminate deficiencies | 31 Oct 2018 | Deficiencies eliminated 29 Oct 2018 |
|
| Ä 20001629 / 20 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 20001629 / 19 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 20001629 / 18 13 Jan 2017 |
Division entry (second, constitutive) | In force 13 Jan 2017 |
||
| Ä 20001629 / M8 21 Dec 2016 |
Procedural ruling | In force 21 Dec 2016 |
||
| Ä 20001629 / 17 25 Jun 2016 |
Amendment entry | In force 25 Jun 2016 |
||
| K 20001629 / 16 30 Dec 2015 |
Commercial pledge entered | In force 30 Dec 2015 |
||
| K 20001629 / 15 30 Dec 2015 |
Commercial pledge amended | In force 30 Dec 2015 |
||
| K 20001629 / 14 30 Dec 2015 |
Commercial pledge amended | In force 30 Dec 2015 |
||
| K 20001629 / 13 30 Dec 2015 |
Commercial pledge amended | In force 30 Dec 2015 |
||
| Ä 20001629 / 12 21 Feb 2014 |
Amendment entry | In force 21 Feb 2014 |
||
| Ä 20001629 / M7 13 Dec 2013 |
Ruling to eliminate deficiencies | 12 Jan 2014 | In force 13 Dec 2013 |
|
| Ä 20001629 / M6 14 Nov 2013 |
Ruling to eliminate deficiencies | 14 Dec 2013 | In force 14 Nov 2013 |
|
| Ä 20001629 / 11 26 Aug 2013 |
Amendment entry | In force 26 Aug 2013 |
||
| Ä 20001629 / M5 23 Feb 2012 |
Ruling to be served | 24 Mar 2012 | In force 23 Feb 2012 |
|
| Ä 1629 / 10 3 Dec 2008 |
Deletion of activities from the registry card | In force 23 Dec 2008 |
||
| Ä 1629 / 9 28 Nov 2008 |
Amendment entry | In force 28 Nov 2008 |
||
| Ä 1629 / 8 11 Aug 2008 |
Amendment entry | In force 11 Aug 2008 |
||
| Ä 1629 / M4 18 Jul 2008 |
Ruling to eliminate deficiencies (to be served) | 21 Aug 2008 | In force 22 Jul 2008 |
|
| K 7206 / 9 12 Dec 2005 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| K 7206 / 8 12 Dec 2005 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| K 7206 / 10 12 Dec 2005 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| Ä 1629 / M3 14 Jun 2005 |
Ruling to be served | In force | ||
| Ä 1629 / 7 5 May 2003 |
Entry decision on the register’s own initiative | In force | ||
| Ä 1629 / 6 26 Apr 2002 |
Unpublished amendment entry | In force | ||
| Ä 1629 / M2 11 Apr 2002 |
Ruling to eliminate deficiencies (to be served) | 28 Jun 2002 | In force | |
| K 7206 / 7 21 Mar 2002 |
Commercial pledge entered | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data