aktsiaselts "RAND & TUULBERG GRUPP"

Active Registry code 10164518 AS Tartu linn Registered 5 Dec 1996
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aktsiaselts "RAND & TUULBERG GRUPP" is a AS based in Tartu linn, registry code 10164518, status: active. Main activity: Business and other management consultancy activities. According to EMTA, turnover for Q3 2026 was €109 999 with 4 employees.

Turnover
109 999 €
↓ 4.4% vs Q2 2026
State taxes
37 304 €
↓ 15.0% vs Q2 2026
Labour taxes
20 504 €
↑ 1.1% vs Q2 2026
Employees
4
±0 vs Q2 2026

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

Position in the industry Activities of head offices and management consultancy · EMTAK 70

  • Turnover · Q3 2026 109 999 €
    industry median 13 705 € · companies in the industry: 4 338
  • Labour taxes per employee 5 126 €
    industry median 1 649 € · companies in the industry: 1 689
  • Revenue · 2025 497 768 €
    industry median 10 800 € · companies in the industry: 9 687
  • Net profit margin · 2025 -22.2 %
    industry median 22.0 % · companies in the industry: 6 494

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 109 999 € · −4.4% vs Q2 2026 · industry median 13 705 € · above 91% of the industry
050100150Q4 2023 Company: 118 325 € Industry median: 15 091 €Q4·23Q1 2024 Company: 118 325 € Industry median: 14 762 €Q2 2024 Company: 119 762 € Industry median: 14 762 €Q2·24Q3 2024 Company: 120 371 € Industry median: 14 140 €Q4 2024 Company: 118 643 € Industry median: 15 052 €Q4·24Q1 2025 Company: 118 325 € Industry median: 14 703 €Q2 2025 Company: 122 360 € Industry median: 13 688 €Q2·25Q3 2025 Company: 129 099 € Industry median: 13 984 €Q4 2025 Company: 127 568 € Industry median: 14 505 €Q4·25Q1 2026 Company: 130 837 € Industry median: 14 237 €Q2 2026 Company: 115 010 € Industry median: 14 128 €Q2·26Q3 2026 Company: 109 999 € Industry median: 13 705 €Q3·26050100150Q4 2024 Company: 118 643 € Industry median: 15 052 €Q1 2025 Company: 118 325 € Industry median: 14 703 €Q1·25Q2 2025 Company: 122 360 € Industry median: 13 688 €Q3 2025 Company: 129 099 € Industry median: 13 984 €Q3·25Q4 2025 Company: 127 568 € Industry median: 14 505 €Q1 2026 Company: 130 837 € Industry median: 14 237 €Q1·26Q2 2026 Company: 115 010 € Industry median: 14 128 €Q3 2026 Company: 109 999 € Industry median: 13 705 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 126 € · +1.1% vs Q2 2026 · industry median 1 649 € · above 86% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 9 915 € Industry median: 1 639 €Q4·23Q1 2024 Company: 5 311 € Industry median: 1 650 €Q2 2024 Company: 5 974 € Industry median: 1 721 €Q2·24Q3 2024 Company: 5 369 € Industry median: 1 700 €Q4 2024 Company: 5 606 € Industry median: 1 679 €Q4·24Q1 2025 Company: 7 990 € Industry median: 1 739 €Q2 2025 Company: 5 832 € Industry median: 1 758 €Q2·25Q3 2025 Company: 5 632 € Industry median: 1 758 €Q4 2025 Company: 7 625 € Industry median: 1 758 €Q4·25Q1 2026 Company: 6 508 € Industry median: 1 641 €Q2 2026 Company: 5 068 € Industry median: 1 597 €Q2·26Q3 2026 Company: 5 126 € Industry median: 1 649 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 5 606 € Industry median: 1 679 €Q1 2025 Company: 7 990 € Industry median: 1 739 €Q1·25Q2 2025 Company: 5 832 € Industry median: 1 758 €Q3 2025 Company: 5 632 € Industry median: 1 758 €Q3·25Q4 2025 Company: 7 625 € Industry median: 1 758 €Q1 2026 Company: 6 508 € Industry median: 1 641 €Q1·26Q2 2026 Company: 5 068 € Industry median: 1 597 €Q3 2026 Company: 5 126 € Industry median: 1 649 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 4 · +0.0% vs Q2 2026
0246Q4 2023 Company: 4Q4·23Q1 2024 Company: 4Q2 2024 Company: 5Q2·24Q3 2024 Company: 6Q4 2024 Company: 6Q4·24Q1 2025 Company: 6Q2 2025 Company: 6Q2·25Q3 2025 Company: 6Q4 2025 Company: 5Q4·25Q1 2026 Company: 4Q2 2026 Company: 4Q2·26Q3 2026 Company: 4Q3·260246Q4 2024 Company: 6Q1 2025 Company: 6Q1·25Q2 2025 Company: 6Q3 2025 Company: 6Q3·25Q4 2025 Company: 5Q1 2026 Company: 4Q1·26Q2 2026 Company: 4Q3 2026 Company: 4Q3·26
State taxes, € Q3 2026: 37 304 € · −15.0% vs Q2 2026
020 00040 00060 00080 000Q4 2023 Company: 64 415 €Q4·23Q1 2024 Company: 38 546 €Q2 2024 Company: 49 345 €Q2·24Q3 2024 Company: 50 211 €Q4 2024 Company: 54 812 €Q4·24Q1 2025 Company: 66 056 €Q2 2025 Company: 54 346 €Q2·25Q3 2025 Company: 49 939 €Q4 2025 Company: 66 492 €Q4·25Q1 2026 Company: 55 304 €Q2 2026 Company: 43 894 €Q2·26Q3 2026 Company: 37 304 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 54 812 €Q1 2025 Company: 66 056 €Q1·25Q2 2025 Company: 54 346 €Q3 2025 Company: 49 939 €Q3·25Q4 2025 Company: 66 492 €Q1 2026 Company: 55 304 €Q1·26Q2 2026 Company: 43 894 €Q3 2026 Company: 37 304 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 109 999 37 304 20 504 4
Q2 2026 115 010 43 894 20 271 4
Q1 2026 130 837 55 304 26 031 4
Q4 2025 127 568 66 492 38 125 5
Q3 2025 129 099 49 939 33 794 6
Q2 2025 122 360 54 346 34 992 6
Q1 2025 118 325 66 056 47 938 6
Q4 2024 118 643 54 812 33 635 6
Q3 2024 120 371 50 211 32 215 6
Q2 2024 119 762 49 345 29 871 5
Q1 2024 118 325 38 546 21 243 4
Q4 2023 118 325 64 415 39 659 4
Q3 2023 118 325 38 950 23 535 5
Q2 2023 118 325 37 801 23 263 5
Q1 2023 118 325 47 960 25 719 5
Q4 2022 125 275 38 233 20 553 5
Q3 2022 110 000 53 422 32 556 4
Q2 2022 110 000 35 678 18 618 4
Q1 2022 110 000 36 384 19 579 4
Labour taxes per employee per month
1 709 €
Turnover per employee in the quarter
27 500 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 497 768 € · +4.7% vs 2024 · industry median 10 800 € · above 98% of the industry
01002003004005002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 440 000 € Industry median: 8 998 €20192020 Company: 440 000 € Industry median: 8 779 €20202021 Company: 440 000 € Industry median: 9 884 €20212022 Company: 440 000 € Industry median: 10 945 €20222023 Company: 473 300 € Industry median: 11 079 €20232024 Company: 475 556 € Industry median: 10 766 €20242025 Company: 497 768 € Industry median: 10 800 €202501002003004005002018 Company: — Industry median: —2019 Company: 440 000 € Industry median: 8 998 €20192020 Company: 440 000 € Industry median: 8 779 €2021 Company: 440 000 € Industry median: 9 884 €20212022 Company: 440 000 € Industry median: 10 945 €2023 Company: 473 300 € Industry median: 11 079 €20232024 Company: 475 556 € Industry median: 10 766 €2025 Company: 497 768 € Industry median: 10 800 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -110 498 € · −105.1% vs 2024 · industry median 284 € · above 2% of the industry
-1 00001 0002 0003 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 260 226 € Industry median: 966 €20192020 Company: -505 021 € Industry median: 760 €20202021 Company: 233 493 € Industry median: 1 171 €20212022 Company: -112 767 € Industry median: 470 €20222023 Company: 1 046 957 € Industry median: 681 €20232024 Company: 2 169 709 € Industry median: 538 €20242025 Company: -110 498 € Industry median: 284 €2025-1 00001 0002 0003 0002018 Company: — Industry median: —2019 Company: 1 260 226 € Industry median: 966 €20192020 Company: -505 021 € Industry median: 760 €2021 Company: 233 493 € Industry median: 1 171 €20212022 Company: -112 767 € Industry median: 470 €2023 Company: 1 046 957 € Industry median: 681 €20232024 Company: 2 169 709 € Industry median: 538 €2025 Company: -110 498 € Industry median: 284 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -22.2 % · −478.4 pp vs the year before · industry median 22.0 % · above 15% of the industry
-20002004006002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 286.4 % Industry median: 31.9 %20192020 Company: -114.8 % Industry median: 32.1 %20202021 Company: 53.1 % Industry median: 35.7 %20212022 Company: -25.6 % Industry median: 27.6 %20222023 Company: 221.2 % Industry median: 28.4 %20232024 Company: 456.2 % Industry median: 25.0 %20242025 Company: -22.2 % Industry median: 22.0 %2025-20002004006002018 Company: — Industry median: —2019 Company: 286.4 % Industry median: 31.9 %20192020 Company: -114.8 % Industry median: 32.1 %2021 Company: 53.1 % Industry median: 35.7 %20212022 Company: -25.6 % Industry median: 27.6 %2023 Company: 221.2 % Industry median: 28.4 %20232024 Company: 456.2 % Industry median: 25.0 %2025 Company: -22.2 % Industry median: 22.0 %2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 9 899 715 € · −1.3% vs 2024
02 5005 0007 50010 00012 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 5 215 972 €20192020 Company: 4 525 551 €20202021 Company: 6 409 213 €20212022 Company: 5 818 142 €20222023 Company: 5 863 269 €20232024 Company: 10 028 304 €20242025 Company: 9 899 715 €202502 5005 0007 50010 00012 5002018 Company: —2019 Company: 5 215 972 €20192020 Company: 4 525 551 €2021 Company: 6 409 213 €20212022 Company: 5 818 142 €2023 Company: 5 863 269 €20232024 Company: 10 028 304 €2025 Company: 9 899 715 €2025
Equity, € thousand 2025: 2 332 381 € · −13.4% vs 2024
01 0002 0003 0004 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 3 449 723 €20192020 Company: 2 768 727 €20202021 Company: 2 728 708 €20212022 Company: 2 491 470 €20222023 Company: 2 510 856 €20232024 Company: 2 693 098 €20242025 Company: 2 332 381 €202501 0002 0003 0004 0002018 Company: —2019 Company: 3 449 723 €20192020 Company: 2 768 727 €2021 Company: 2 728 708 €20212022 Company: 2 491 470 €2023 Company: 2 510 856 €20232024 Company: 2 693 098 €2025 Company: 2 332 381 €2025
Employees 2025: 6 · −14.3% vs 2024 · industry median 1 · above 98% of the industry
024682016 Company: 0 Industry median: —20162017 Company: 5 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 5 Industry median: 120232024 Company: 7 Industry median: 120242025 Company: 6 Industry median: 12025024682018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 5 Industry median: 120232024 Company: 7 Industry median: 12025 Company: 6 Industry median: 12025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Assets, € Equity, € Employees
2025 497 768 -110 498 9 899 715 2 332 381 6
2024 475 556 2 169 709 10 028 304 2 693 098 7
2023 473 300 1 046 957 5 863 269 2 510 856 5
2022 440 000 -112 767 5 818 142 2 491 470 0
2021 440 000 233 493 6 409 213 2 728 708 0
2020 440 000 -505 021 4 525 551 2 768 727 0
2019 440 000 1 260 226 5 215 972 3 449 723 0
2018 — — — — 0
2017 — — — — 5
2016 — — — — 0
2015 — — — — 0
2014 — — — — 5
2013 — — — — 0
2012 — — — — 0
2011 — — — — 226
2008 — — — — 261
2007 — — — — 267
2006 — — — — 6
2005 — — — — 6
2004 — — — — 5
2003 — — — — 5
2002 — — — — 3
2001 — — — — 5
2000 — — — — 5
1999 — — — — 5
1998 — — — — 3

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
-22.2 %
Net profit / revenue
Return on equity (ROE)
-4.7 %
Net profit / equity
Return on assets (ROA)
-1.1 %
Net profit / assets
Equity ratio
23.6 %
Equity / assets
Debt ratio
76.4 %
Liabilities / assets
Current ratio
0.09
Current assets / current liabilities
Revenue per employee
82 961 €
Revenue / average full-time employees

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 1 Jul 2026 Consolidated · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 1 Jul 2024 Consolidated · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 7 Jul 2023 Consolidated · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 14 Jul 2022 Consolidated · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 12 Jul 2021 Consolidated · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 18 Aug 2020 Consolidated · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Raivo Rand
    Board member · since 1 Nov 2022

Right of representation

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

Owners

No owner information.

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 70201Business and other management consultancy activities Main
Rulings
Number, date Title Deadline State Document
Ä 20002627 / 17
1 Nov 2022
Amendment entry In force
1 Nov 2022
PDF
Ä 20002627 / 16
8 Oct 2020
Amendment under Commercial Code § 525 (2) In force
8 Oct 2020
PDF
Ä 20002627 / 15
5 Apr 2019
Amendment entry In force
5 Apr 2019
PDF
Ä 20002627 / 14
13 Feb 2018
Amendment entry In force
13 Feb 2018
PDF
Ä 20002627 / 13
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20002627 / 12
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20002627 / 11
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20002627 / 10
13 Feb 2015
Division entry (second, constitutive) In force
13 Feb 2015
PDF
Ä 20002627 / M3
12 Feb 2015
Ruling to eliminate deficiencies 14 Mar 2015 Deficiencies eliminated
13 Feb 2015
PDF
Ä 20002627 / 9
2 Feb 2011
Amendment entry In force
2 Feb 2011
PDF
Ä 2627 / 8
3 Dec 2008
Deletion of activities from the registry card In force
22 Dec 2008
PDF
Ä 2627 / 7
12 Aug 2008
Amendment entry In force
12 Aug 2008
PDF
Ä 2627 / 6
7 Apr 2003
Amendment entry In force PDF
Ä 2627 / 5
18 Sep 2002
Published amendment entry In force PDF
Ä 2627 / M2
9 Sep 2002
Ruling to eliminate deficiencies (to be served) 9 Nov 2002 In force PDF
Ä 2627 / 4
1 Apr 2002
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data