aktsiaselts Eesti Konjunktuuriinstituut
Active Registry code 10237269
AS Tallinn Registered 18 Aug 1997
aktsiaselts Eesti Konjunktuuriinstituut is a AS based in Tallinn, registry code 10237269, status: active. Main activity: Research and experimental development on social sciences and humanities. According to EMTA, turnover for Q3 2026 was €110 329 with 7 employees.
Turnover
110 329 €
↑ 170.5% vs Q2 2026
State taxes
42 235 €
↑ 9.9% vs Q2 2026
Labour taxes
33 994 €
↑ 1.9% vs Q2 2026
Employees
7
−3 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 110 329 €above 85% of companiesindustry median 14 442 € · companies in the industry: 318
- Labour taxes per employee 4 856 €above 79% of companiesindustry median 2 218 € · companies in the industry: 234
- Revenue · 2025 475 175 €above 98% of companiesindustry median 0 € · companies in the industry: 1 073
- Net profit margin · 2025 4.1 %above 40% of companiesindustry median 13.5 % · companies in the industry: 597
Taxes and turnover
- Company
- Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Scientific research and development (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 | 110 329 | 42 235 | 33 994 | 7 |
| Q2 2026 | 40 793 | 38 439 | 33 365 | 10 |
| Q1 2026 | 88 526 | 49 989 | 33 835 | 16 |
| Q4 2025 | 117 485 | 61 215 | 39 328 | 18 |
| Q3 2025 | 139 589 | 51 814 | 39 348 | 19 |
| Q2 2025 | 95 260 | 51 442 | 44 201 | 19 |
| Q1 2025 | 83 384 | 58 525 | 44 741 | 21 |
| Q4 2024 | 98 948 | 57 654 | 42 312 | 21 |
| Q3 2024 | 142 841 | 55 673 | 42 545 | 21 |
| Q2 2024 | 90 496 | 48 774 | 42 162 | 21 |
| Q1 2024 | 129 781 | 65 378 | 45 955 | 21 |
| Q4 2023 | 103 563 | 54 408 | 41 440 | 22 |
| Q3 2023 | 145 284 | 48 597 | 38 302 | 21 |
| Q2 2023 | 110 780 | 45 347 | 37 660 | 22 |
| Q1 2023 | 98 142 | 55 266 | 42 552 | 23 |
| Q4 2022 | 104 293 | 50 043 | 36 071 | 25 |
| Q3 2022 | 171 933 | 51 351 | 35 914 | 25 |
| Q2 2022 | 218 616 | 63 498 | 34 624 | 26 |
| Q1 2022 | 98 430 | 48 734 | 35 259 | 26 |
Labour taxes per employee per month
1 619 €
Turnover per employee in the quarter
15 761 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Scientific research and development (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 | 475 175 | 19 688 | 393 426 | 438 480 | 151 590 | 14 |
| 2024 | 506 748 | 16 010 | 422 171 | 461 206 | 131 902 | 15 |
| 2023 | 487 368 | 7 183 | 397 774 | 569 818 | 115 892 | 15 |
| 2022 | 444 109 | 2 614 | 370 031 | 539 446 | 108 709 | 16 |
| 2021 | 434 926 | 1 881 | 357 278 | 413 486 | 106 095 | 16 |
| 2020 | 443 368 | 1 127 | 365 569 | 335 526 | 104 214 | 17 |
| 2019 | 460 305 | 1 909 | 379 524 | 379 798 | 103 087 | 19 |
| 2018 | — | — | — | — | — | 19 |
| 2017 | — | — | — | — | — | 17 |
| 2016 | — | — | — | — | — | 18 |
| 2015 | — | — | — | — | — | 18 |
| 2014 | — | — | — | — | — | 17 |
| 2013 | — | — | — | — | — | 18 |
| 2012 | — | — | — | — | — | 19 |
| 2011 | — | — | — | — | — | 21 |
| 2010 | — | — | — | — | — | 22 |
| 2009 | — | — | — | — | — | 22 |
| 2008 | — | — | — | — | — | 23 |
| 2007 | — | — | — | — | — | 21 |
| 2006 | — | — | — | — | — | 20 |
| 2005 | — | — | — | — | — | 21 |
| 2004 | — | — | — | — | — | 19 |
| 2003 | — | — | — | — | — | 19 |
| 2002 | — | — | — | — | — | 18 |
| 2001 | — | — | — | — | — | 16 |
| 2000 | — | — | — | — | — | 18 |
| 1999 | — | — | — | — | — | 18 |
| 1998 | — | — | — | — | — | 15 |
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
4.1 %
Net profit / revenue
Return on equity (ROE)
13.0 %
Net profit / equity
Return on assets (ROA)
4.5 %
Net profit / assets
Equity ratio
34.6 %
Equity / assets
Debt ratio
65.4 %
Liabilities / assets
Current ratio
1.53
Current assets / current liabilities
Revenue per employee
33 941 €
Revenue / average full-time employees
Labour cost per employee per month
2 342 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 18 Jun 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 30 Jun 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 18 Mar 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 17 Mar 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 4 Feb 2020 | Company’s own | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Bruno PulverBoard member · since 16 Mar 2021
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Oliver VäärtnõuIndirect ownership · since 9 Dec 2025
Founders and other persons
- Mait PaltsChairman of the supervisory board · 20 Feb 2026
- Marko UdrasSupervisory board member · 20 Feb 2026
- Kaur OrgusaarSupervisory board member · 22 Feb 2026
- Omanikukonto: EESTI KAUBANDUS-TÖÖSTUSKODAShareholder · 26 112 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 72201Research and experimental development on social sciences and humanities Main
- 58131Publishing of journals and periodicals
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10015690 / 18 23 Sep 2026 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 23 Sep 2026 |
||
| Ä 10015690 / M9 4 Mar 2026 |
Ruling to correct data outside an entry | 18 Mar 2026 | Deficiencies eliminated 11 Mar 2026 |
|
| Ä 10015690 / 17 19 Dec 2025 |
Amendment entry | In force 19 Dec 2025 |
||
| Ä 10015690 / M8 15 Dec 2025 |
Ruling to eliminate deficiencies | 30 Dec 2025 | Deficiencies eliminated 19 Dec 2025 |
|
| Ä 10015690 / M7 9 Dec 2025 |
Procedural ruling | 19 Dec 2025 | Deficiencies eliminated 9 Dec 2025 |
|
| Ä 10015690 / 16 21 Mar 2024 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 21 Mar 2024 |
||
| Ä 10015690 / 15 12 May 2023 |
Amendment entry | In force 12 May 2023 |
||
| Ä 10015690 / 14 20 Feb 2023 |
Amendment entry | In force 20 Feb 2023 |
||
| Ä 10015690 / 13 16 Mar 2021 |
Amendment entry | In force 16 Mar 2021 |
||
| Ä 10015690 / M6 15 Mar 2021 |
Ruling to eliminate deficiencies | 14 Apr 2021 | Deficiencies eliminated 16 Mar 2021 |
|
| Ä 10015690 / 12 16 Jan 2018 |
Amendment entry | In force 16 Jan 2018 |
||
| Ä 10015690 / 11 7 Nov 2017 |
Amendment entry | In force 7 Nov 2017 |
||
| Ä 10015690 / 10 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10015690 / 9 15 Sep 2016 |
Amendment entry | In force 15 Sep 2016 |
||
| Ä 10015690 / 8 17 May 2011 |
Amendment entry | In force 17 May 2011 |
||
| Ä 10015690 / M5 29 Apr 2011 |
Ruling to eliminate deficiencies | In force 29 Apr 2011 |
||
| Ä 15690 / 7 3 Dec 2008 |
Deletion of activities from the registry card | In force 3 Dec 2008 |
||
| Ä 15690 / 6 2 Dec 2008 |
Amendment entry | In force 2 Dec 2008 |
||
| Ä 15690 / M4 21 Nov 2008 |
Ruling to eliminate deficiencies (to be served) | Deficiencies eliminated 21 Nov 2008 |
||
| Ä 15690 / M3 21 Jul 2005 |
Ruling to be served | 30 Sep 2005 | In force | |
| Ä 15690 / M2 19 Jun 2003 |
Ruling to eliminate deficiencies (to be served) | 15 Aug 2003 | In force | |
| Ä 15690 / 5 5 Dec 2002 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data