Aktsiaselts VALNES
Active Registry code 10193069
AS Tallinn Registered 23 May 1997
Aktsiaselts VALNES is a AS based in Tallinn, registry code 10193069, status: active. Main activity: Manufacture of locks and hinges. According to EMTA, turnover for Q3 2026 was €1 839 118 with 26 employees.
Turnover
1 839 118 €
↑ 12.2% vs Q2 2026
State taxes
326 361 €
↑ 26.3% vs Q2 2026
Labour taxes
124 682 €
↑ 15.4% vs Q2 2026
Employees
26
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 1.8 mn €above 94% of companiesindustry median 54 051 € · companies in the industry: 1 358
- Labour taxes per employee 4 795 €above 98% of companiesindustry median 1 944 € · companies in the industry: 1 121
- Revenue · 2025 5.7 mn €above 98% of companiesindustry median 71 144 € · companies in the industry: 1 712
- Net profit margin · 2025 4.5 %above 54% of companiesindustry median 3.4 % · companies in the industry: 1 414
Taxes and turnover
- 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.
- 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.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 1 839 118 | 326 361 | 124 682 | 26 |
| Q2 2026 | 1 639 502 | 258 493 | 108 015 | 26 |
| Q1 2026 | 1 352 791 | 284 875 | 118 107 | 26 |
| Q4 2025 | 1 933 348 | 386 733 | 147 967 | 27 |
| Q3 2025 | 1 611 313 | 323 287 | 138 987 | 28 |
| Q2 2025 | 1 759 866 | 294 129 | 121 728 | 28 |
| Q1 2025 | 1 651 038 | 338 426 | 123 541 | 28 |
| Q4 2024 | 2 014 651 | 370 913 | 129 624 | 28 |
| Q3 2024 | 1 757 316 | 344 410 | 133 098 | 27 |
| Q2 2024 | 1 913 648 | 285 774 | 122 277 | 28 |
| Q1 2024 | 1 487 556 | 287 221 | 126 362 | 26 |
| Q4 2023 | 1 866 465 | 330 823 | 150 776 | 27 |
| Q3 2023 | 1 738 533 | 321 760 | 136 621 | 28 |
| Q2 2023 | 1 789 944 | 241 487 | 119 211 | 29 |
| Q1 2023 | 1 693 182 | 253 133 | 127 835 | 27 |
| Q4 2022 | 1 881 378 | 190 806 | 134 632 | 29 |
| Q3 2022 | 1 784 610 | 195 112 | 119 696 | 28 |
| Q2 2022 | 1 877 330 | 181 221 | 105 643 | 30 |
| Q1 2022 | 1 405 216 | 205 531 | 100 917 | 28 |
Labour taxes per employee per month
1 598 €
Turnover per employee in the quarter
70 735 €
Q3 2026 · calculated from EMTA data
Financials by year
- 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.
- 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.
- 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.
- 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.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 5 650 632 | 252 471 | 1 236 302 | 3 416 474 | 2 610 341 | 29 |
| 2024 | 5 699 024 | 259 041 | 1 189 892 | 3 342 927 | 2 529 870 | 26 |
| 2023 | 5 743 501 | 558 581 | 1 269 176 | 3 461 517 | 2 661 569 | 30 |
| 2022 | 5 658 866 | 383 471 | 1 155 062 | 3 343 134 | 2 303 677 | 32 |
| 2021 | 4 761 599 | 180 093 | 1 018 894 | 2 901 114 | 2 030 207 | 29 |
| 2020 | 4 686 787 | 429 459 | 952 124 | 2 775 209 | 2 088 213 | 30 |
| 2019 | 5 019 525 | 468 348 | 948 198 | 2 788 813 | 1 919 255 | 28 |
| 2018 | — | — | — | — | — | 25 |
| 2017 | — | — | — | — | — | 23 |
| 2016 | — | — | — | — | — | 22 |
| 2015 | — | — | — | — | — | 21 |
| 2014 | — | — | — | — | — | 20 |
| 2013 | — | — | — | — | — | 19 |
| 2012 | — | — | — | — | — | 16 |
| 2011 | — | — | — | — | — | 15 |
| 2010 | — | — | — | — | — | 15 |
| 2009 | — | — | — | — | — | 0 |
| 2008 | — | — | — | — | — | 22 |
| 2007 | — | — | — | — | — | 20 |
| 2006 | — | — | — | — | — | 20 |
| 2005 | — | — | — | — | — | 40 |
| 2004 | — | — | — | — | — | 20 |
| 2003 | — | — | — | — | — | 20 |
| 2002 | — | — | — | — | — | 18 |
| 2001 | — | — | — | — | — | 16 |
| 2000 | — | — | — | — | — | 12 |
| 1999 | — | — | — | — | — | 17 |
| 1998 | — | — | — | — | — | 21 |
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)
9.7 %
Net profit / equity
Return on assets (ROA)
7.4 %
Net profit / assets
Equity ratio
76.4 %
Equity / assets
Debt ratio
23.6 %
Liabilities / assets
Current ratio
3.91
Current assets / current liabilities
Revenue per employee
194 849 €
Revenue / average full-time employees
Labour cost per employee per month
3 553 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 8 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 18 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 13 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 | 29 Apr 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 15 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 18 Jun 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 6 | 2 500 000 EEK | aktsiaselts Hansapank | 30 Aug 2007 – in force |
| 5 | 1 950 000 EEK | aktsiaselts Hansapank | 2 Jul 2007 – in force |
| 4 | 1 050 000 EEK | aktsiaselts Hansapank | 17 Feb 2006 – in force |
| 3 | 500 000 EEK | aktsiaselts Hansapank | 25 Feb 1998 – in force |
| 2 | 1 000 000 EEK | aktsiaselts Hansapank | 27 May 1997 – in force |
| 1 | 2 000 000 EEK | aktsiaselts Hansapank | 27 May 1997 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Kuldar SaunBoard member · since 23 May 1997
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Owner in
- 82%
Beneficial owners
- ALVAR VEERSALUDirect ownership · since 4 Sep 2018
- Kuldar SaunDirect ownership · since 4 Sep 2018
Founders and other persons
- Illar KukkAudit firm · 16 Jun 2017
- Alvar VeersaluChairman of the supervisory board · 20 Oct 2026
- Evelin VeersaluSupervisory board member · 20 Oct 2026
- Julia SaunSupervisory board member · 20 Oct 2026
- Omanikukonto: KULDAR SAUNShareholder · 25 600 € · 16 Aug 2023
- Omanikukonto: ALUMAX OÜShareholder · 15 360 € · 16 Aug 2023
- Omanikukonto: ALVAR VEERSALUShareholder · 21 619 € · 17 Oct 2024
Related companies
Activities (EMTAK)
- 25621Manufacture of locks and hinges Main
- 43241Other construction installation
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10011660 / M11 13 Oct 2026 |
Ruling to correct data outside an entry | 27 Oct 2026 | Deficiencies eliminated 20 Oct 2026 |
|
| Ä 10011660 / M10 5 Oct 2018 |
Procedural ruling | 19 Oct 2018 | Deficiencies eliminated 5 Oct 2018 |
|
| Ä 10011660 / 20 4 Sep 2018 |
Amendment under Commercial Code § 525 (2) | In force 4 Sep 2018 |
||
| Ä 10011660 / 19 16 Jan 2018 |
Amendment entry | In force 16 Jan 2018 |
||
| Ä 10011660 / 18 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10011660 / 17 7 Feb 2012 |
Amendment entry | In force 7 Feb 2012 |
||
| Ä 10011660 / M9 20 Jan 2012 |
Ruling to eliminate deficiencies | 26 Mar 2012 | In force 20 Jan 2012 |
|
| Ä 10011660 / 16 14 Dec 2011 |
Amendment entry | In force 14 Dec 2011 |
||
| Ä 10011660 / 15 30 Aug 2011 |
Amendment entry | In force 30 Aug 2011 |
||
| Ä 10011660 / M8 24 Aug 2011 |
Ruling to eliminate deficiencies | 7 Oct 2011 | Deficiencies eliminated 25 Aug 2011 |
|
| Ä 11660 / 14 3 Dec 2008 |
Amendment entry | In force 3 Dec 2008 |
||
| Ä 11660 / 13 3 Dec 2008 |
Deletion of activities from the registry card | In force 3 Dec 2008 |
||
| K 13226 / 11 30 Aug 2007 |
Commercial pledge entered | In force 30 Aug 2007 |
||
| K 13226 / 10 2 Jul 2007 |
Commercial pledge entered | In force 2 Jul 2007 |
||
| Ä 11660 / 12 21 Mar 2006 |
Amendment entry | In force 21 Mar 2006 |
||
| Ä 11660 / M7 13 Mar 2006 |
Ruling to eliminate deficiencies (to be served) | 20 Apr 2006 | In force 21 Mar 2006 |
|
| K 13226 / 9 17 Feb 2006 |
Commercial pledge entered | In force 17 Feb 2006 |
||
| Ä 11660 / 11 9 Aug 2005 |
Amendment entry | In force | ||
| Ä 11660 / 10 21 May 2004 |
Amendment entry | In force | ||
| Ä 11660 / 9 11 Dec 2003 |
Amendment entry | In force | ||
| Ä 11660 / 8 4 Aug 2003 |
Negative entry decision | In force | ||
| Ä 11660 / 7 31 Jul 2003 |
Amendment entry | In force | ||
| Ä 11660 / M6 6 May 2003 |
Ruling to eliminate deficiencies (to be served) | In force | ||
| Ä 11660 / M5 18 Mar 2003 |
Ruling to eliminate deficiencies (to be served) | 30 Apr 2003 | In force | |
| Ä 11660 / 6 4 Mar 2003 |
Amendment entry | In force | ||
| Ä 11660 / M4 31 Jan 2003 |
Ruling to eliminate deficiencies (to be served) | 10 Mar 2003 | In force | |
| K 13226 / 8 15 Apr 2002 |
Commercial pledge amended | In force | ||
| Ä 11660 / 5 18 Mar 2002 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data