AKTSIASELTS TELEGRUPP

Active Registry code 10201478 AS Tallinn Registered 17 Mar 1997

AKTSIASELTS TELEGRUPP is a AS based in Tallinn, registry code 10201478, status: active. Main activity: Wholesale of computers, computer peripheral equipment and software. According to EMTA, turnover for Q3 2026 was €22 451 496 with 104 employees.

Turnover

22 451 496 €

↑ 75.4% vs Q2 2026

State taxes

3 399 229 €

↑ 134.5% vs Q2 2026

Labour taxes

630 636 €

↓ 16.8% vs Q2 2026

Employees

104

+2 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 22.5 mn €

above 98% of companies

industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee 6 064 €

above 91% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 32.9 mn €

above 98% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 9.3 %

above 71% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 22 451 496 € · +75.4% vs Q2 2026 · industry median 60 065 € · 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.

Labour taxes per employee, € Q3 2026: 6 064 € · −18.4% vs Q2 2026 · industry median 2 104 € · above 91% 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: 104 · +2.0% vs Q2 2026

State taxes, € thousand Q3 2026: 3 399 229 € · +134.5% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	22 451 496	3 399 229	630 636	104
Q2 2026	12 803 355	1 449 681	758 419	102
Q1 2026	9 351 572	1 227 585	522 638	100
Q4 2025	9 796 276	1 381 102	516 056	100
Q3 2025	8 551 034	1 455 654	551 810	99
Q2 2025	10 590 650	1 876 066	733 995	100
Q1 2025	14 883 992	1 984 070	522 220	103
Q4 2024	13 375 155	1 912 824	490 250	105
Q3 2024	7 477 969	1 334 541	722 219	108
Q2 2024	6 465 906	996 693	470 670	112
Q1 2024	12 420 677	1 687 659	621 760	109
Q4 2023	7 999 946	1 201 909	471 110	109
Q3 2023	11 864 197	1 427 615	489 483	109
Q2 2023	10 258 996	1 196 015	414 220	110
Q1 2023	9 229 467	945 132	396 956	101
Q4 2022	8 053 336	992 689	370 129	98
Q3 2022	6 336 244	642 257	371 353	95
Q2 2022	10 103 920	1 475 678	485 319	95
Q1 2022	4 700 141	622 742	306 203	96

Labour taxes per employee per month

2 021 €

Turnover per employee in the quarter

215 880 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 32 852 626 € · +2.7% 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: 3 052 577 € · +61.9% vs 2024 · industry median 127 € · 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 margin, % 2025: 9.3 % · +3.4 pp vs the year before · industry median 2.7 % · above 71% 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: 23 663 063 € · +3.6% vs 2024

Equity, € thousand 2025: 16 084 811 € · +23.4% vs 2024

Employees 2025: 100 · +2.0% vs 2024 · industry median 2 · 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.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	32 852 626	3 052 577	5 454 182	23 663 063	16 084 811	100
2024	32 000 394	1 885 478	5 102 428	22 843 316	13 032 234	98
2023	35 420 689	1 907 793	4 725 063	21 252 510	11 706 756	0
2022	21 886 111	1 473 578	3 654 285	16 374 261	9 321 926	97
2021	17 390 256	1 732 856	3 285 345	13 213 881	7 848 348	0
2020	17 276 028	1 912 542	3 304 999	12 032 347	6 415 492	84
2019	18 005 801	1 863 656	2 915 270	11 803 622	5 002 950	0
2018	—	—	—	—	—	0
2017	—	—	—	—	—	94
2016	—	—	—	—	—	94
2015	—	—	—	—	—	0
2014	—	—	—	—	—	87
2013	—	—	—	—	—	69
2012	—	—	—	—	—	65
2011	—	—	—	—	—	63
2010	—	—	—	—	—	50
2009	—	—	—	—	—	46
2008	—	—	—	—	—	46
2007	—	—	—	—	—	41
2006	—	—	—	—	—	37
2005	—	—	—	—	—	35
2004	—	—	—	—	—	37
2003	—	—	—	—	—	31
2002	—	—	—	—	—	29
2001	—	—	—	—	—	36
2000	—	—	—	—	—	33
1999	—	—	—	—	—	33
1998	—	—	—	—	—	20
1997	—	—	—	—	—	17

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

9.3 %

Net profit / revenue

Return on equity (ROE)

19.0 %

Net profit / equity

Return on assets (ROA)

12.9 %

Net profit / assets

Equity ratio

68.0 %

Equity / assets

Debt ratio

32.0 %

Liabilities / assets

Current ratio

2.73

Current assets / current liabilities

Revenue per employee

328 526 €

Revenue / average full-time employees

Labour cost per employee per month

4 545 €

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	23 Mar 2026	Consolidated · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	2 May 2025	Consolidated · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	2 May 2024	Consolidated · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	11 Apr 2023	Consolidated · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	21 Apr 2022	Consolidated · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	9 Apr 2021	Consolidated · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	5 May 2020	Consolidated · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
7	1 300 000 €	AS SEB Pank	17 Aug 2023 – in force
6	600 000 €	AS SEB Pank	6 Oct 2022 – in force
5	3 500 000 EEK	Aktsiaselts SEB Eesti Ühispank	5 Sep 2007 – in force
4	7 000 000 EEK	Aktsiaselts SEB Eesti Ühispank	7 Feb 2007 – in force
3	1 500 000 EEK	Aktsiaselts SEB Eesti Ühispank	2 Feb 2006 – in force
2	500 000 EEK	Aktsiaselts SEB Eesti Ühispank	30 Dec 1997 – in force
1	1 000 000 EEK	Aktsiaselts SEB Eesti Ühispank	20 Oct 1997 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Indrek Olkonen
Board member · since 20 Jun 2023
Jaan Nappus
Board member · since 20 Jun 2023

Right of representation

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

Owners

No owner information.

Owner in

OÜ Eltron
100%

Beneficial owners

Kari Lorvi
Indirect ownership · since 6 Sep 2018

Founders and other persons

Kari Lorvi
Founder · 81 € · 17 Mar 1997
AS A- Elect
Founder · 134 000 € · 17 Mar 1997
AS Ecosat
Founder · 52 570 € · 17 Mar 1997
AS Favor
Founder · 134 000 € · 17 Mar 1997
Enn Leppik
Audit firm · 1 Jan 2000
Aktsiaselts PricewaterhouseCoopers
Audit firm · 11 Jul 2002
Arvo Lepik
Audit firm · 16 Feb 2007
HLB EXPERTUS AUDIT OÜ
Audit firm · 24 Apr 2012
Kari Lorvi
Chairman of the supervisory board · 9 Jun 2026
Hanno Murrand
Supervisory board member · 9 Jun 2026
Kaire Koppel
Supervisory board member · 9 Jun 2026
Omanikukonto: ASTRONAUT OÜ
Shareholder · 68 160 € · 16 Aug 2023
Omanikukonto: OÜ A-ELECT
Shareholder · 17 040 € · 5 Dec 2025

shared board members, owners or beneficial owners

Activities (EMTAK)

46501Wholesale of computers, computer peripheral equipment and software Main
43212Installation of signalling systems
43213Installation of telecommunication wirings and antennas
46181Activities of agents involved in the wholesale of other particular products
46503Wholesale of electronic and telecommunication equipment and parts

Rulings 37

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10011232 / M9 9 Jun 2026	Ruling to correct data outside an entry	23 Jun 2026	Deficiencies eliminated 10 Jun 2026	PDF
K 10011232 / 26 17 Aug 2023	Commercial pledge entered		In force 17 Aug 2023	PDF
Ä 10011232 / 25 20 Jun 2023	Amendment entry		In force 20 Jun 2023	PDF
K 10011232 / 24 6 Oct 2022	Commercial pledge entered		In force 6 Oct 2022	PDF
Ä 10011232 / 23 30 May 2019	Amendment entry		In force 30 May 2019	PDF
Ä 10011232 / 22 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10011232 / 21 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10011232 / 20 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10011232 / 19 9 Nov 2016	Amendment entry		In force 9 Nov 2016	PDF
Ä 10011232 / M8 8 Nov 2016	Ruling to eliminate deficiencies	8 Dec 2016	Deficiencies eliminated 9 Nov 2016	PDF
Ä 10011232 / M7 2 Nov 2016	Ruling to eliminate deficiencies	2 Dec 2016	Deficiencies eliminated 9 Nov 2016	PDF
Ä 10011232 / M6 1 Nov 2016	Ruling to eliminate deficiencies	1 Dec 2016	Deficiencies eliminated 9 Nov 2016	PDF
Ä 10011232 / 18 31 Aug 2016	Amendment entry		In force 31 Aug 2016	PDF
Ä 10011232 / M5 9 May 2016	Ruling to correct data outside an entry	8 Jun 2016	Deficiencies eliminated 10 May 2016	PDF
Ä 10011232 / 17 7 Jul 2011	Amendment entry		In force 7 Jul 2011	PDF
Ä 10011232 / M4 17 Jun 2011	Ruling to eliminate deficiencies		In force 17 Jun 2011	PDF
Ä 10011232 / M3 3 Jun 2011	Ruling to eliminate deficiencies		In force 3 Jun 2011	PDF
Ä 10011232 / 16 24 May 2011	Entry refused: deficiencies not eliminated		In force 27 May 2011	PDF
Ä 10011232 / M2 30 Mar 2011	Ruling to eliminate deficiencies	23 May 2011	In force 30 Mar 2011	PDF
Ä 11232 / 15 3 Dec 2008	Deletion of activities from the registry card		In force 12 Dec 2008	PDF
K 13137 / 10 5 Sep 2007	Commercial pledge entered		In force 5 Sep 2007	PDF
K 13137 / 9 7 Feb 2007	Commercial pledge entered		In force 7 Feb 2007	PDF
K 13137 / 8 7 Feb 2007	Commercial pledge amended		In force 7 Feb 2007	PDF
K 13137 / 7 7 Feb 2007	Commercial pledge amended		In force 7 Feb 2007	PDF
K 13137 / 6 7 Feb 2007	Commercial pledge amended		In force 7 Feb 2007	PDF
Ä 11232 / 14 15 Feb 2006	Amendment entry		In force 15 Feb 2006	PDF
K 13137 / 5 2 Feb 2006	Commercial pledge entered		In force 2 Feb 2006	PDF
Ä 11232 / M1 1 Feb 2006	Ruling to eliminate deficiencies (to be served)		Deficiencies eliminated 2 Feb 2006	PDF
Ä 11232 / 13 16 Aug 2005	Amendment entry		In force	PDF
Ä 11232 / 12 21 Jun 2004	Amendment entry		In force	PDF
Ä 11232 / 11 15 Mar 2004	Amendment entry		In force	PDF
Ä 11232 / 10 7 Apr 2003	Amendment entry		In force	PDF
Ä 11232 / 9 4 Oct 2002	Entry decision on the register’s own initiative		In force	PDF
Ä 11232 / 8 6 Aug 2002	Unpublished amendment entry		In force	PDF
K 13137 / 4 6 Aug 2002	Compliance with Commercial Code § 33 (7.1)		In force	PDF
K 13137 / 3 6 Aug 2002	Compliance with Commercial Code § 33 (7.1)		In force	PDF
Ä 11232 / 7 9 Apr 2002	Unpublished amendment entry		In force	PDF

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

AKTSIASELTS TELEGRUPP

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 37