aktsiaselts Espak Tartu

Active Registry code 10134836 AS Tartu linn Registered 14 Oct 1996

aktsiaselts Espak Tartu is a AS based in Tartu linn, registry code 10134836, status: active. Main activity: Retail sale of other building material and goods. According to EMTA, turnover for Q3 2026 was €2 047 088 with 32 employees.

Turnover

2 047 088 €

↓ 2.1% vs Q2 2026

State taxes

0 €

↓ 100.0% vs Q2 2026

Labour taxes

87 785 €

↑ 16.7% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Retail trade · EMTAK 47

Turnover · Q3 2026 2 mn €

above 98% of companies

industry median 23 652 € · companies in the industry: 7 652
Labour taxes per employee 2 743 €

above 86% of companies

industry median 1 201 € · companies in the industry: 4 663
Revenue · 2025 8 mn €

above 98% of companies

industry median 16 974 € · companies in the industry: 13 500
Net profit margin · 2025 2.3 %

above 55% of companies

industry median 1.3 % · companies in the industry: 9 480

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 2 047 088 € · −2.1% vs Q2 2026 · industry median 23 652 € · above 98% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 743 € · +16.7% vs Q2 2026 · industry median 1 201 € · above 86% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 32 · +0.0% vs Q2 2026

State taxes, € thousand Q3 2026: 0 € · −100.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	2 047 088	—	87 785	32
Q2 2026	2 090 881	86 586	75 209	32
Q1 2026	1 244 492	141 892	85 601	33
Q4 2025	2 036 577	213 253	92 330	32
Q3 2025	2 266 997	206 008	87 451	32
Q2 2025	2 243 884	146 503	78 924	33
Q1 2025	1 665 116	131 831	86 748	32
Q4 2024	2 293 100	173 164	82 432	33
Q3 2024	2 503 146	196 425	88 566	33
Q2 2024	2 181 608	121 371	80 870	33
Q1 2024	1 613 349	163 046	84 639	32
Q4 2023	2 336 039	177 454	84 500	32
Q3 2023	2 767 397	223 638	98 472	32
Q2 2023	2 564 506	160 304	81 634	32
Q1 2023	1 793 626	109 050	90 140	33
Q4 2022	2 899 565	210 219	85 775	34
Q3 2022	3 220 634	207 326	96 603	35
Q2 2022	3 190 567	106 183	76 048	34
Q1 2022	2 011 282	140 734	83 245	33

Labour taxes per employee per month

914 €

Turnover per employee in the quarter

63 972 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 7 997 389 € · −5.8% vs 2024 · industry median 16 974 € · above 98% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 180 840 € · −30.5% vs 2024 · industry median 0 € · above 98% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 2.3 % · −0.8 pp vs the year before · industry median 1.3 % · above 55% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 6 361 427 € · −0.3% vs 2024

Equity, € thousand 2025: 5 300 037 € · +1.5% vs 2024

Employees 2025: 33 · +0.0% vs 2024 · industry median 2 · above 98% of the industry

Company
Industry median

Industry: Retail 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	7 997 389	180 840	871 721	6 361 427	5 300 037	33
2024	8 488 874	260 104	850 903	6 381 999	5 221 244	33
2023	9 199 162	436 613	887 433	6 133 308	5 063 188	33
2022	10 908 205	575 079	877 019	6 088 227	4 728 622	34
2021	9 520 607	518 008	758 312	5 693 425	4 255 591	34
2020	8 627 338	419 071	717 585	4 947 995	3 839 631	36
2019	8 348 846	354 831	650 111	4 638 814	3 522 608	35
2018	—	—	—	—	—	36
2017	—	—	—	—	—	36
2016	—	—	—	—	—	37
2015	—	—	—	—	—	36
2014	—	—	—	—	—	36
2013	—	—	—	—	—	37
2012	—	—	—	—	—	35
2011	—	—	—	—	—	30
2010	—	—	—	—	—	30
2009	—	—	—	—	—	35
2008	—	—	—	—	—	41
2007	—	—	—	—	—	43
2006	—	—	—	—	—	39
2005	—	—	—	—	—	39
2004	—	—	—	—	—	39
2003	—	—	—	—	—	38
2002	—	—	—	—	—	35
2001	—	—	—	—	—	31
2000	—	—	—	—	—	39
1999	—	—	—	—	—	44
1998	—	—	—	—	—	48
1997	—	—	—	—	—	50

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

2.3 %

Net profit / revenue

Return on equity (ROE)

3.4 %

Net profit / equity

Return on assets (ROA)

2.8 %

Net profit / assets

Equity ratio

83.3 %

Equity / assets

Debt ratio

16.7 %

Liabilities / assets

Current ratio

4.19

Current assets / current liabilities

Revenue per employee

242 345 €

Revenue / average full-time employees

Labour cost per employee per month

2 201 €

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	29 Jun 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	27 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	28 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	29 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	22 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	26 Jun 2020	Company’s own · audited	e-Äriregister

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Aivar-Aleksander Sõsa
Board member · since 26 Apr 2019
Valmar Sisask
Board member · since 26 Apr 2019

Right of representation

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

Owners

No owner information.

Beneficial owners

Ivar Pikk
Member of a senior management body (management or supervisory board) · since 13 Apr 2026
Martin Koort
Member of a senior management body (management or supervisory board) · since 13 Apr 2026
Mati Säär
Member of a senior management body (management or supervisory board) · since 13 Apr 2026

Founders and other persons

OÜ Audiitorbüroo RKT
Audit firm · 17 Mar 2022
Ivar Pikk
Chairman of the supervisory board · 7 Jun 2024
Martin Koort
Supervisory board member · 7 Jun 2024
Mati Säär
Supervisory board member · 7 Jun 2024
Omanikukonto: Osaühing Velkonde
Shareholder · 25 658 € · 16 Aug 2023
Omanikukonto: AS ESPAK
Shareholder · 102 029 € · 29 Jul 2026

shared board members, owners or beneficial owners

Activities (EMTAK)

47529Retail sale of other building material and goods Main
68201Rental and operating of own or leased real estate

Rulings 21

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20001719 / M6 14 Jun 2024	Ruling to correct data outside an entry	28 Jun 2024	Deficiencies eliminated 14 Jun 2024	PDF
Ä 20001719 / 21 4 Jul 2022	Amendment under Commercial Code § 525 (2)		In force 4 Jul 2022	PDF
Ä 20001719 / 20 28 Jun 2022	Amendment entry		In force 28 Jun 2022	PDF
Ä 20001719 / 19 17 Mar 2022	Amendment under Commercial Code § 525 (2)		In force 17 Mar 2022	PDF
Ä 20001719 / 18 26 Apr 2019	Amendment entry		In force 26 Apr 2019	PDF
Ä 20001719 / 17 3 Apr 2019	Amendment entry		In force 3 Apr 2019	PDF
Ä 20001719 / 16 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 20001719 / 15 22 Dec 2017	Amendment entry		In force 22 Dec 2017	PDF
Ä 20001719 / 14 3 Dec 2017	Amendment entry		In force 3 Dec 2017	PDF
Ä 20001719 / 13 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 20001719 / 12 15 Dec 2014	Amendment entry		In force 15 Dec 2014	PDF
Ä 20001719 / 11 13 Aug 2014	Amendment entry		In force 13 Aug 2014	PDF
Ä 20001719 / 10 29 Sep 2011	Amendment entry		In force 29 Sep 2011	PDF
Ä 20001719 / M5 27 Sep 2011	Ruling to eliminate deficiencies	27 Oct 2011	In force 27 Sep 2011	PDF
Ä 20001719 / M4 31 Aug 2011	Ruling to eliminate deficiencies	1 Oct 2011	In force 31 Aug 2011	PDF
Ä 1719 / 9 3 Dec 2008	Deletion of activities from the registry card		In force 23 Dec 2008	PDF
Ä 1719 / 8 25 Aug 2004	Amendment entry		In force	PDF
Ä 1719 / M2 12 Aug 2004	Ruling to eliminate deficiencies (to be served)	13 Oct 2004	In force	PDF
Ä 1719 / 7 15 Dec 2003	Amendment entry		In force	PDF
Ä 1719 / 6 27 May 2003	Negative entry decision		In force	PDF
Ä 1719 / 5 29 Nov 2002	Entry decision on the register’s own initiative		In force	PDF

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

aktsiaselts Espak Tartu

Position in the industry Retail trade · EMTAK 47

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 21