CPI Vertex Estonia OÜ

Active Registry code 10169711 OÜ Tallinn Registered 3 Dec 1996
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CPI Vertex Estonia OÜ is a OÜ based in Tallinn, registry code 10169711, status: active. Main activity: Manufacture of other metal structures and parts of structures. According to EMTA, turnover for Q3 2026 was €2 219 920 with 68 employees.

Turnover
2 219 920 €
↓ 14.0% vs Q2 2026
State taxes
277 326 €
↑ 5.0% vs Q2 2026
Labour taxes
294 281 €
↑ 4.7% vs Q2 2026
Employees
68
±0 vs Q2 2026

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

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

  • Turnover · Q3 2026 2.2 mn €
    industry median 54 051 € · companies in the industry: 1 358
  • Labour taxes per employee 4 328 €
    industry median 1 944 € · companies in the industry: 1 121
  • Revenue · 2025 8 mn €
    industry median 71 144 € · companies in the industry: 1 712
  • Net profit margin · 2025 8.1 %
    industry median 3.4 % · companies in the industry: 1 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 2 219 920 € · −14.0% vs Q2 2026 · industry median 54 051 € · above 98% of the industry
01 0002 0003 000Q4 2023 Company: 2 566 393 € Industry median: 47 931 €Q4·23Q1 2024 Company: 2 212 716 € Industry median: 39 673 €Q2 2024 Company: 2 311 044 € Industry median: 43 108 €Q2·24Q3 2024 Company: 1 699 381 € Industry median: 46 432 €Q4 2024 Company: 2 204 601 € Industry median: 49 785 €Q4·24Q1 2025 Company: 2 580 478 € Industry median: 42 425 €Q2 2025 Company: 2 516 852 € Industry median: 50 007 €Q2·25Q3 2025 Company: 2 259 465 € Industry median: 48 528 €Q4 2025 Company: 1 815 700 € Industry median: 53 452 €Q4·25Q1 2026 Company: 1 738 086 € Industry median: 45 198 €Q2 2026 Company: 2 580 353 € Industry median: 54 700 €Q2·26Q3 2026 Company: 2 219 920 € Industry median: 54 051 €Q3·2601 0002 0003 000Q4 2024 Company: 2 204 601 € Industry median: 49 785 €Q1 2025 Company: 2 580 478 € Industry median: 42 425 €Q1·25Q2 2025 Company: 2 516 852 € Industry median: 50 007 €Q3 2025 Company: 2 259 465 € Industry median: 48 528 €Q3·25Q4 2025 Company: 1 815 700 € Industry median: 53 452 €Q1 2026 Company: 1 738 086 € Industry median: 45 198 €Q1·26Q2 2026 Company: 2 580 353 € Industry median: 54 700 €Q3 2026 Company: 2 219 920 € Industry median: 54 051 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 328 € · +4.7% vs Q2 2026 · industry median 1 944 € · above 92% of the industry
02 0004 0006 000Q4 2023 Company: 3 900 € Industry median: 1 751 €Q4·23Q1 2024 Company: 3 879 € Industry median: 1 757 €Q2 2024 Company: 3 601 € Industry median: 1 735 €Q2·24Q3 2024 Company: 3 949 € Industry median: 1 864 €Q4 2024 Company: 3 858 € Industry median: 1 892 €Q4·24Q1 2025 Company: 4 309 € Industry median: 1 847 €Q2 2025 Company: 4 157 € Industry median: 1 858 €Q2·25Q3 2025 Company: 4 318 € Industry median: 1 902 €Q4 2025 Company: 4 441 € Industry median: 2 028 €Q4·25Q1 2026 Company: 5 563 € Industry median: 1 906 €Q2 2026 Company: 4 133 € Industry median: 1 845 €Q2·26Q3 2026 Company: 4 328 € Industry median: 1 944 €Q3·2602 0004 0006 000Q4 2024 Company: 3 858 € Industry median: 1 892 €Q1 2025 Company: 4 309 € Industry median: 1 847 €Q1·25Q2 2025 Company: 4 157 € Industry median: 1 858 €Q3 2025 Company: 4 318 € Industry median: 1 902 €Q3·25Q4 2025 Company: 4 441 € Industry median: 2 028 €Q1 2026 Company: 5 563 € Industry median: 1 906 €Q1·26Q2 2026 Company: 4 133 € Industry median: 1 845 €Q3 2026 Company: 4 328 € Industry median: 1 944 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 68 · +0.0% vs Q2 2026
020406080100Q4 2023 Company: 77Q4·23Q1 2024 Company: 78Q2 2024 Company: 81Q2·24Q3 2024 Company: 78Q4 2024 Company: 79Q4·24Q1 2025 Company: 80Q2 2025 Company: 79Q2·25Q3 2025 Company: 78Q4 2025 Company: 76Q4·25Q1 2026 Company: 70Q2 2026 Company: 68Q2·26Q3 2026 Company: 68Q3·26020406080Q4 2024 Company: 79Q1 2025 Company: 80Q1·25Q2 2025 Company: 79Q3 2025 Company: 78Q3·25Q4 2025 Company: 76Q1 2026 Company: 70Q1·26Q2 2026 Company: 68Q3 2026 Company: 68Q3·26
State taxes, € thousand Q3 2026: 277 326 € · +5.0% vs Q2 2026
0100200300400Q4 2023 Company: 291 914 €Q4·23Q1 2024 Company: 294 087 €Q2 2024 Company: 291 824 €Q2·24Q3 2024 Company: 293 379 €Q4 2024 Company: 296 616 €Q4·24Q1 2025 Company: 339 357 €Q2 2025 Company: 311 244 €Q2·25Q3 2025 Company: 323 402 €Q4 2025 Company: 330 456 €Q4·25Q1 2026 Company: 378 707 €Q2 2026 Company: 264 233 €Q2·26Q3 2026 Company: 277 326 €Q3·260100200300400Q4 2024 Company: 296 616 €Q1 2025 Company: 339 357 €Q1·25Q2 2025 Company: 311 244 €Q3 2025 Company: 323 402 €Q3·25Q4 2025 Company: 330 456 €Q1 2026 Company: 378 707 €Q1·26Q2 2026 Company: 264 233 €Q3 2026 Company: 277 326 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 2 219 920 277 326 294 281 68
Q2 2026 2 580 353 264 233 281 022 68
Q1 2026 1 738 086 378 707 389 430 70
Q4 2025 1 815 700 330 456 337 519 76
Q3 2025 2 259 465 323 402 336 792 78
Q2 2025 2 516 852 311 244 328 402 79
Q1 2025 2 580 478 339 357 344 726 80
Q4 2024 2 204 601 296 616 304 799 79
Q3 2024 1 699 381 293 379 308 009 78
Q2 2024 2 311 044 291 824 291 683 81
Q1 2024 2 212 716 294 087 302 598 78
Q4 2023 2 566 393 291 914 300 285 77
Q3 2023 1 745 214 277 995 291 762 79
Q2 2023 2 279 147 265 021 272 527 77
Q1 2023 2 084 191 290 762 299 441 78
Q4 2022 2 106 205 261 166 266 014 77
Q3 2022 1 445 683 259 216 254 732 78
Q2 2022 2 488 147 227 461 236 933 78
Q1 2022 2 005 484 316 596 230 621 76
Labour taxes per employee per month
1 443 €
Turnover per employee in the quarter
32 646 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 8 028 292 € · −1.7% vs 2024 · industry median 71 144 € · above 98% of the industry
02 0004 0006 0008 00010 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4 890 246 € Industry median: 87 578 €20192020 Company: 4 325 589 € Industry median: 80 652 €20202021 Company: 4 489 395 € Industry median: 85 610 €20212022 Company: 6 456 455 € Industry median: 84 505 €20222023 Company: 7 140 859 € Industry median: 79 655 €20232024 Company: 8 166 194 € Industry median: 75 081 €20242025 Company: 8 028 292 € Industry median: 71 144 €202502 0004 0006 0008 00010 0002018 Company: — Industry median: —2019 Company: 4 890 246 € Industry median: 87 578 €20192020 Company: 4 325 589 € Industry median: 80 652 €2021 Company: 4 489 395 € Industry median: 85 610 €20212022 Company: 6 456 455 € Industry median: 84 505 €2023 Company: 7 140 859 € Industry median: 79 655 €20232024 Company: 8 166 194 € Industry median: 75 081 €2025 Company: 8 028 292 € Industry median: 71 144 €2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 648 461 € · −2.7% vs 2024 · industry median 904 € · above 98% of the industry
-400-20002004006008002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 195 € Industry median: 3 345 €20192020 Company: -188 620 € Industry median: 1 618 €20202021 Company: -214 046 € Industry median: 2 495 €20212022 Company: 21 078 € Industry median: 3 066 €20222023 Company: 271 817 € Industry median: 1 431 €20232024 Company: 666 700 € Industry median: 714 €20242025 Company: 648 461 € Industry median: 904 €2025-400-20002004006008002018 Company: — Industry median: —2019 Company: 195 € Industry median: 3 345 €20192020 Company: -188 620 € Industry median: 1 618 €2021 Company: -214 046 € Industry median: 2 495 €20212022 Company: 21 078 € Industry median: 3 066 €2023 Company: 271 817 € Industry median: 1 431 €20232024 Company: 666 700 € Industry median: 714 €2025 Company: 648 461 € Industry median: 904 €2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 8.1 % · −0.1 pp vs the year before · industry median 3.4 % · above 65% of the industry
-505102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0.0 % Industry median: 4.9 %20192020 Company: -4.4 % Industry median: 3.7 %20202021 Company: -4.8 % Industry median: 4.4 %20212022 Company: 0.3 % Industry median: 5.1 %20222023 Company: 3.8 % Industry median: 4.2 %20232024 Company: 8.2 % Industry median: 2.9 %20242025 Company: 8.1 % Industry median: 3.4 %2025-505102018 Company: — Industry median: —2019 Company: 0.0 % Industry median: 4.9 %20192020 Company: -4.4 % Industry median: 3.7 %2021 Company: -4.8 % Industry median: 4.4 %20212022 Company: 0.3 % Industry median: 5.1 %2023 Company: 3.8 % Industry median: 4.2 %20232024 Company: 8.2 % Industry median: 2.9 %2025 Company: 8.1 % Industry median: 3.4 %2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 5 057 647 € · +28.2% vs 2024
02 0004 0006 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 2 885 954 €20192020 Company: 3 394 421 €20202021 Company: 3 048 213 €20212022 Company: 3 313 326 €20222023 Company: 3 813 613 €20232024 Company: 3 946 018 €20242025 Company: 5 057 647 €202502 0004 0006 0002018 Company: —2019 Company: 2 885 954 €20192020 Company: 3 394 421 €2021 Company: 3 048 213 €20212022 Company: 3 313 326 €2023 Company: 3 813 613 €20232024 Company: 3 946 018 €2025 Company: 5 057 647 €2025
Equity, € thousand 2025: 3 103 658 € · +26.4% vs 2024
01 0002 0003 0004 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 898 269 €20192020 Company: 1 709 649 €20202021 Company: 1 495 603 €20212022 Company: 1 516 681 €20222023 Company: 1 788 498 €20232024 Company: 2 455 197 €20242025 Company: 3 103 658 €202501 0002 0003 0004 0002018 Company: —2019 Company: 1 898 269 €20192020 Company: 1 709 649 €2021 Company: 1 495 603 €20212022 Company: 1 516 681 €2023 Company: 1 788 498 €20232024 Company: 2 455 197 €2025 Company: 3 103 658 €2025
Employees 2025: 78 · −1.3% vs 2024 · industry median 3 · above 98% of the industry
0204060801002016 Company: 83 Industry median: —20162017 Company: 79 Industry median: —20172018 Company: 72 Industry median: 420182019 Company: 74 Industry median: 320192020 Company: 74 Industry median: 320202021 Company: 78 Industry median: 320212022 Company: 76 Industry median: 320222023 Company: 77 Industry median: 320232024 Company: 79 Industry median: 320242025 Company: 78 Industry median: 320250204060802018 Company: 72 Industry median: 42019 Company: 74 Industry median: 320192020 Company: 74 Industry median: 32021 Company: 78 Industry median: 320212022 Company: 76 Industry median: 32023 Company: 77 Industry median: 320232024 Company: 79 Industry median: 32025 Company: 78 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (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 8 028 292 648 461 3 106 657 5 057 647 3 103 658 78
2024 8 166 194 666 700 2 871 618 3 946 018 2 455 197 79
2023 7 140 859 271 817 2 670 372 3 813 613 1 788 498 77
2022 6 456 455 21 078 2 393 203 3 313 326 1 516 681 76
2021 4 489 395 -214 046 1 692 051 3 048 213 1 495 603 78
2020 4 325 589 -188 620 2 138 686 3 394 421 1 709 649 74
2019 4 890 246 195 2 123 922 2 885 954 1 898 269 74
2018 — — — — — 72
2017 — — — — — 79
2016 — — — — — 83
2015 — — — — — 78
2014 — — — — — 80
2013 — — — — — 91
2012 — — — — — 90
2011 — — — — — 76
2010 — — — — — 82
2009 — — — — — 83
2008 — — — — — 115
2007 — — — — — 130
2006 — — — — — 154
2005 — — — — — 168
2004 — — — — — 177
2003 — — — — — 178
2002 — — — — — 169
2001 — — — — — 140
2000 — — — — — 131
1999 — — — — — 143
1998 — — — — — 169
1997 — — — — — 160

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
8.1 %
Net profit / revenue
Return on equity (ROE)
20.9 %
Net profit / equity
Return on assets (ROA)
12.8 %
Net profit / assets
Equity ratio
61.4 %
Equity / assets
Debt ratio
38.6 %
Liabilities / assets
Current ratio
2.25
Current assets / current liabilities
Revenue per employee
102 927 €
Revenue / average full-time employees
Labour cost per employee per month
3 319 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Oct 2024 – 30 Sep 2025 30 Jan 2026 Company’s own · audited e-Äriregister
2024 1 Oct 2023 – 30 Sep 2024 20 Dec 2024 Company’s own · audited e-Äriregister
2023 1 Oct 2022 – 30 Sep 2023 15 Jan 2024 Company’s own · audited e-Äriregister
2022 1 Oct 2021 – 30 Sep 2022 13 Jan 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 30 Sep 2021 3 May 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 19 May 2020 Company’s own · audited e-Äriregister

Board

Right of representation

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

Owners

  • CPI SATCOM AND ANTENNA TECHNOLOGIES INC
    Legal person · 25 600 €

Beneficial owners

  • Andrew Christopher Ivers
    Member of a senior management body (management or supervisory board) · USA · since 31 Oct 2024
  • Kevin Burnette Sutton
    Member of a senior management body (management or supervisory board) · USA · since 31 Oct 2024
  • Ruth Naomi Wallace
    Member of a senior management body (management or supervisory board) · AUS · since 31 Oct 2024

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 25119Manufacture of other metal structures and parts of structures Main
  • 30112Building of civilian floating structures
  • 52101Operation of storage and warehouse facilities
  • 71129Other engineering-technical activities
Rulings
Number, date Title Deadline State Document
Ä 10009003 / 26
21 Jan 2025
Amendment entry In force
21 Jan 2025
PDF
Ä 10009003 / 25
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10009003 / 24
28 Apr 2023
Amendment entry In force
28 Apr 2023
PDF
K 10009003 / 23
10 Mar 2023
Commercial pledge deleted In force
10 Mar 2023
PDF
Ä 10009003 / 22
9 Feb 2023
Transformation entry In force
9 Feb 2023
PDF
Ä 10009003 / 21
30 Jun 2021
Amendment entry In force
30 Jun 2021
PDF
Ä 10009003 / 20
5 Jan 2021
Amendment entry In force
5 Jan 2021
PDF
Ä 10009003 / 19
13 Oct 2020
Amendment under Commercial Code § 525 (2) In force
13 Oct 2020
PDF
Ä 10009003 / 18
1 Mar 2019
Amendment entry In force
1 Mar 2019
PDF
Ä 10009003 / 17
11 Jun 2018
Amendment entry In force
11 Jun 2018
PDF
Ä 10009003 / 16
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10009003 / 15
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10009003 / 14
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10009003 / 13
14 Sep 2016
Amendment entry In force
14 Sep 2016
PDF
Ä 10009003 / M5
21 Jan 2013
Ruling to correct data outside an entry 21 Feb 2013 Deficiencies eliminated
21 Jan 2013
PDF
Ä 10009003 / 12
4 Oct 2011
Amendment entry In force
4 Oct 2011
PDF
Ä 10009003 / M4
30 Jun 2011
Ruling to eliminate deficiencies In force
30 Jun 2011
PDF
Ä 10009003 / 11
16 May 2011
Amendment under Commercial Code § 525 (2) In force
16 May 2011
PDF
Ä 10009003 / 10
11 Jun 2010
Deletion of activities from the registry card In force
11 Jun 2010
PDF
K 32457 / 7
11 May 2007
Commercial pledge entered In force
11 May 2007
PDF
Ä 9003 / 9
14 Sep 2006
Amendment entry In force
14 Sep 2006
PDF
Ä 9003 / 8
28 Dec 2005
Amendment entry In force PDF
K 32457 / 6
28 Dec 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
K 32457 / 5
28 Dec 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
K 32457 / 4
28 Dec 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
Ä 9003 / 7
23 May 2005
Amendment entry In force PDF
Ä 9003 / 6
28 Dec 2004
Amendment entry In force PDF
Ä 9003 / 5
6 Nov 2003
Amendment entry In force PDF
Ä 9003 / M3
1 Oct 2003
Ruling to eliminate deficiencies (to be served) 1 Nov 2003 In force PDF
K 32457 / 3
12 Aug 2003
Commercial pledge entered In force PDF
Ä 9003 / 4
4 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