Aktsiaselts Letofin

Active Registry code 10180718 AS Tallinn Registered 21 Jan 1997

Aktsiaselts Letofin is a AS based in Tallinn, registry code 10180718, status: active. Main activity: Wholesale of grain, unmanufactured tobacco, seeds and animal feeds. According to EMTA, turnover for Q3 2026 was €907 649 with 18 employees.

Turnover

907 649 €

↓ 45.7% vs Q2 2026

State taxes

69 636 €

↓ 16.7% vs Q2 2026

Labour taxes

57 639 €

↑ 3.6% vs Q2 2026

Employees

+1 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 907 649 €

above 86% of companies

industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee 3 202 €

above 67% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 23.1 mn €

above 98% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 -3.5 %

above 22% of companies

industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 907 649 € · −45.7% vs Q2 2026 · industry median 60 065 € · above 86% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 3 202 € · −2.2% vs Q2 2026 · industry median 2 104 € · above 67% of the industry

Company
Industry median

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

Employees Q3 2026: 18 · +5.9% vs Q2 2026

State taxes, € thousand Q3 2026: 69 636 € · −16.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	907 649	69 636	57 639	18
Q2 2026	1 672 582	83 636	55 659	17
Q1 2026	1 156 317	53 389	48 793	18
Q4 2025	1 124 728	62 588	51 971	16
Q3 2025	1 209 605	70 921	65 733	16
Q2 2025	1 448 542	96 480	67 668	18
Q1 2025	1 401 582	85 027	82 583	17
Q4 2024	2 208 788	95 170	70 478	16
Q3 2024	1 424 177	102 395	76 720	18
Q2 2024	1 724 933	94 591	71 479	18
Q1 2024	2 173 257	112 222	77 886	18
Q4 2023	3 278 494	247 429	48 371	17
Q3 2023	1 547 825	94 081	56 099	14
Q2 2023	1 593 422	142 309	57 001	15
Q1 2023	2 266 938	151 603	62 443	15
Q4 2022	2 939 656	245 753	44 299	16
Q3 2022	1 663 226	104 075	45 948	15
Q2 2022	1 837 949	228 304	46 379	13
Q1 2022	2 544 428	59 381	47 180	13

Labour taxes per employee per month

1 067 €

Turnover per employee in the quarter

50 425 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 23 100 432 € · −27.0% vs 2024 · industry median 63 691 € · above 98% of the industry

Company
Industry median

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

Net profit, € thousand 2025: -801 093 € · −10.8% vs 2024 · industry median 127 € · above 2% of the industry

Company
Industry median

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

Net profit margin, % 2025: -3.5 % · −1.2 pp vs the year before · industry median 2.7 % · above 22% of the industry

Company
Industry median

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

Assets, € thousand 2025: 10 297 426 € · −11.8% vs 2024

Equity, € thousand 2025: 3 047 990 € · −22.2% vs 2024

Employees 2025: 16 · −11.1% vs 2024 · industry median 2 · above 92% of the industry

Company
Industry median

Industry: Wholesale 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	23 100 432	-801 093	340 321	10 297 426	3 047 990	16
2024	31 649 396	-723 170	480 193	11 672 127	3 919 083	18
2023	64 835 438	527 608	480 326	20 566 055	4 995 123	18
2022	53 821 904	824 728	360 520	13 338 160	4 852 014	17
2021	38 172 210	295 137	343 169	12 308 795	4 267 669	13
2020	28 327 963	551 920	348 253	11 022 481	4 177 783	13
2019	29 774 029	372 225	328 316	10 601 530	3 801 463	0
2018	—	—	—	—	—	0
2017	—	—	—	—	—	13
2016	—	—	—	—	—	0
2015	—	—	—	—	—	13
2014	—	—	—	—	—	0
2013	—	—	—	—	—	11
2012	—	—	—	—	—	0
2009	—	—	—	—	—	8
2008	—	—	—	—	—	7
2007	—	—	—	—	—	7
2006	—	—	—	—	—	18
2005	—	—	—	—	—	18
2004	—	—	—	—	—	18
2003	—	—	—	—	—	16
2002	—	—	—	—	—	15
2001	—	—	—	—	—	14
2000	—	—	—	—	—	15
1999	—	—	—	—	—	18
1998	—	—	—	—	—	9
1997	—	—	—	—	—	5

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

-3.4 %

Net profit / revenue

Return on equity (ROE)

-26.3 %

Net profit / equity

Return on assets (ROA)

-7.8 %

Net profit / assets

Equity ratio

29.6 %

Equity / assets

Debt ratio

70.4 %

Liabilities / assets

Current ratio

1.35

Current assets / current liabilities

Revenue per employee

1 452 800 €

Revenue / average full-time employees

Labour cost per employee per month

1 773 €

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	30 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	19 Jun 2024	Consolidated · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	16 Jun 2023	Consolidated · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	29 Jun 2022	Consolidated · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	22 Jun 2021	Consolidated · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	26 Jun 2020	Consolidated · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
4	487 500 €	Luminor Bank AS	12 Jul 2017 – in force
3	1 194 000 €	Luminor Bank AS	22 Jul 2016 – in force
2	6 000 000 EEK	Luminor Bank AS	24 Dec 2003 – in force
1	16 000 000 EEK	Luminor Bank AS	21 Jul 1997 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Mark Eivin
Board member · since 18 Mar 2020

Right of representation

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

Owners

No owner information.

Owner in

Beneficial owners

Mark Eivin
Direct ownership · since 7 Aug 2022
Leonid Eivin
Direct ownership · since 21 Dec 2018

Founders and other persons

Tatjana Rõbaltšenko
Audit firm · 28 Mar 2013
Leonid Eivin
Chairman of the supervisory board · 17 Apr 2023
Natalia Krjukova
Supervisory board member · 17 Apr 2023
Jevgeni Kostjutšenko
Supervisory board member · 25 Aug 2026
Omanikukonto: Leonid Eivin
Shareholder · 288 058 € · 16 Aug 2023
Omanikukonto: Mark Eivin
Shareholder · 288 058 € · 24 Nov 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

46211Wholesale of grain, unmanufactured tobacco, seeds and animal feeds Main
10851Manufacture of prepared meals and dishes
68201Rental and operating of own or leased real estate

Rulings 35

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10009872 / 27 8 Sep 2026	Amendment entry		In force 8 Sep 2026	PDF
Ä 10009872 / M12 8 Jul 2026	Warning of a fine: annual report not filed	7 Aug 2026	Deficiencies eliminated 31 Jul 2026	PDF
Ä 10009872 / 26 18 Mar 2020	Amendment entry		In force 18 Mar 2020	PDF
Ä 10009872 / M11 17 Mar 2020	Ruling to eliminate deficiencies	27 Mar 2020	Deficiencies eliminated 18 Mar 2020	PDF
Ä 10009872 / M10 12 Mar 2020	Ruling to correct data outside an entry	1 Apr 2020	Deficiencies eliminated 18 Mar 2020	PDF
Ä 10009872 / 25 9 Jul 2018	Amendment entry		In force 9 Jul 2018	PDF
Ä 10009872 / 24 6 Jul 2018	Amendment entry		In force 6 Jul 2018	PDF
K 10009872 / 23 26 Jan 2018	Commercial pledge amended		In force 26 Jan 2018	PDF
K 10009872 / 22 26 Jan 2018	Commercial pledge amended		In force 26 Jan 2018	PDF
K 10009872 / 21 26 Jan 2018	Commercial pledge amended		In force 26 Jan 2018	PDF
K 10009872 / 20 26 Jan 2018	Commercial pledge amended		In force 26 Jan 2018	PDF
Ä 10009872 / 19 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10009872 / M9 14 Dec 2017	Ruling to correct data outside an entry	29 Dec 2017	Deficiencies eliminated 20 Dec 2017	PDF
Ä 10009872 / 18 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10009872 / 17 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
K 10009872 / 16 12 Jul 2017	Commercial pledge entered		In force 12 Jul 2017	PDF
Ä 10009872 / 15 20 Jan 2017	Amendment entry		In force 20 Jan 2017	PDF
Ä 10009872 / M8 13 Jan 2017	Ruling to eliminate deficiencies	12 Feb 2017	Deficiencies eliminated 20 Jan 2017	PDF
Ä 10009872 / 14 26 Oct 2016	Entry refused: deficiencies not eliminated		In force 18 Nov 2016	PDF
Ä 10009872 / M7 2 Sep 2016	Ruling to eliminate deficiencies	7 Oct 2016	In force 2 Sep 2016	PDF
Ä 10009872 / 13 1 Sep 2016	Amendment entry		In force 1 Sep 2016	PDF
K 10009872 / 12 22 Jul 2016	Commercial pledge entered		In force 22 Jul 2016	PDF
Ä 10009872 / 11 20 Mar 2015	Amendment entry		In force 20 Mar 2015	PDF
Ä 10009872 / M6 2 Mar 2015	Ruling to eliminate deficiencies	1 Apr 2015	Deficiencies eliminated 20 Mar 2015	PDF
K 10009872 / 10 3 Jun 2014	Commercial pledge amended		In force 3 Jun 2014	PDF
K 10015053 / 6 2 May 2012	Commercial pledge amended		In force 2 May 2012	PDF
K 10015053 / 5 2 May 2012	Commercial pledge amended		In force 2 May 2012	PDF
Ä 10009872 / 9 9 Jan 2012	Amendment entry		In force 9 Jan 2012	PDF
Ä 9872 / 8 3 Dec 2008	Deletion of activities from the registry card		In force 9 Dec 2008	PDF
Ä 9872 / M5 19 Sep 2006	Fine for not filing the report		Deficiencies eliminated 12 Oct 2006	PDF
K 15053 / 4 23 Dec 2003	Commercial pledge entered		In force	PDF
K 15053 / 3 18 Mar 2003	Commercial pledge amended		In force	PDF
Ä 9872 / 7 6 Jan 2003	Published amendment entry		In force	PDF
Ä 9872 / M4 1 Nov 2002	Ruling to eliminate deficiencies (to be served)	23 Dec 2002	In force	PDF
Ä 9872 / 6 1 Oct 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

Aktsiaselts Letofin

Position in the industry Wholesale trade · EMTAK 46

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 35