Salva Kindlustuse AS

Active Registry code 10284984 AS Tallinn Registered 14 Oct 1997

Salva Kindlustuse AS is a AS based in Tallinn, registry code 10284984, status: active. Main activity: Non-life insurance. According to EMTA, turnover for Q3 2026 was €107 788 with 101 employees.

Turnover

107 788 €

↑ 11.1% vs Q2 2026

State taxes

419 270 €

↑ 13.3% vs Q2 2026

Labour taxes

420 803 €

↑ 12.5% vs Q2 2026

Employees

101

+1 vs Q2 2026

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

Position in the industry Insurance, reinsurance and pension funding, except compulsory social security · EMTAK 65

Turnover · Q3 2026 107 788 €

above 49% of companies

industry median 110 827 € · companies in the industry: 22
Labour taxes per employee 4 166 €

above 30% of companies

industry median 5 248 € · companies in the industry: 25
Revenue · 2025 31.4 mn €

above 80% of companies

industry median 87 188 € · companies in the industry: 31
Net profit margin · 2025 14.0 %

above 50% of companies

industry median 14.1 % · companies in the industry: 23

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 107 788 € · +11.1% vs Q2 2026 · industry median 110 827 € · above 49% of the industry

Company
Industry median

Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 166 € · +11.3% vs Q2 2026 · industry median 5 248 € · above 30% of the industry

Company
Industry median

Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 101 · +1.0% vs Q2 2026

State taxes, € thousand Q3 2026: 419 270 € · +13.3% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	107 788	419 270	420 803	101
Q2 2026	97 033	369 917	374 181	100
Q1 2026	146 753	683 048	695 489	104
Q4 2025	177 633	409 953	395 669	104
Q3 2025	75 965	427 847	441 098	102
Q2 2025	185 208	685 775	688 299	104
Q1 2025	142 548	389 892	372 558	104
Q4 2024	121 357	367 931	357 518	102
Q3 2024	116 217	413 286	404 739	101
Q2 2024	37 799	325 271	332 677	102
Q1 2024	65 961	554 769	560 065	102
Q4 2023	78 660	341 295	338 114	98
Q3 2023	47 938	355 365	365 874	99
Q2 2023	39 553	355 661	331 424	100
Q1 2023	42 946	501 685	519 105	101
Q4 2022	29 024	336 033	339 927	103
Q3 2022	31 641	343 164	348 382	103
Q2 2022	77 835	342 919	346 407	105
Q1 2022	63 057	393 573	400 354	108

Labour taxes per employee per month

1 389 €

Turnover per employee in the quarter

1 067 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 31 388 956 € · −3.5% vs 2024 · industry median 87 188 € · above 80% of the industry

Company
Industry median

Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 4 408 710 € · +25.5% vs 2024 · industry median 5 451 € · above 82% of the industry

Company
Industry median

Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 14.0 % · +3.2 pp vs the year before · industry median 14.1 % · above 50% of the industry

Company
Industry median

Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 57 304 078 € · +0.2% vs 2024

Equity, € thousand 2025: 31 000 835 € · +4.8% vs 2024

Employees 2025: 86 · +2.4% vs 2024 · industry median 11 · above 75% of the industry

Company
Industry median

Industry: Insurance, reinsurance and pension funding, except compulsory social security (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	31 388 956	4 408 710	—	57 304 078	31 000 835	86
2024	32 512 327	3 511 888	—	57 206 743	29 592 125	84
2023	30 723 071	2 023 969	—	55 611 875	26 080 237	81
2022	27 994 762	648 938	—	53 054 576	24 265 425	84
2021	23 211 607	2 098 445	1 960 122	49 906 718	24 771 487	86
2020	20 453 627	2 452 516	2 047 447	49 271 246	22 673 042	85
2019	22 415 082	—	—	47 537 747	—	93
2018	—	—	—	—	—	93
2017	—	—	—	—	—	94
2016	—	—	—	—	—	97
2015	—	—	—	—	—	105
2014	—	—	—	—	—	107
2013	—	—	—	—	—	110
2012	—	—	—	—	—	110
2011	—	—	—	—	—	108
2010	—	—	—	—	—	111
2008	—	—	—	—	—	148
2007	—	—	—	—	—	0
2006	—	—	—	—	—	144
2005	—	—	—	—	—	137

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

14.0 %

Net profit / revenue

Return on equity (ROE)

14.2 %

Net profit / equity

Return on assets (ROA)

7.7 %

Net profit / assets

Equity ratio

54.1 %

Equity / assets

Revenue per employee

364 988 €

Revenue / average full-time employees

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	3 Jun 2026	Consolidated · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	13 May 2025	Consolidated · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	6 May 2024	Consolidated · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	24 May 2023	Consolidated · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	25 May 2022	Consolidated · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	4 Jun 2021	Consolidated · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	7 Oct 2020	Consolidated · audited	e-Äriregister

Board

Nasdaq CSD SE
Keeper of the share ledger · since 27 Sep 2017
Kaupo Kalev
Board member · since 21 Jun 2017
Andres Lõhmus
Board member · since 23 Feb 2022
Irja Elias
Board member · since 23 Feb 2022
Tiit Pahapill
Board member · since 23 Feb 2022
Urmas Kivirüüt
Board member · since 23 Feb 2022
Elar Simmo
Procurator · since 16 May 2007

Right of representation

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

Any procurator may represent the public limited company in all legal acts related to its business. A procurator may transfer or encumber immovable property only if that right is entered on the registry card.

Owners

No owner information.

Owner in

Beneficial owners

Tiit Pahapill
Direct ownership · since 29 Oct 2018

Founders and other persons

KPMG Baltics OÜ
Audit firm · 13 Mar 2020
Leho Siimsen
Chairman of the supervisory board · 20 Feb 2025
Hardi Sui
Supervisory board member · 20 Feb 2025
Jaanus Vihand
Supervisory board member · 20 Feb 2025
Marko Kajandu
Supervisory board member · 20 Feb 2025
Peep Kütt
Supervisory board member · 20 Feb 2025
Reigo Kala
Supervisory board member · 20 Feb 2025
Omanikukonto: TIIT PAHAPILL
Shareholder · 1 440 000 € · 16 Aug 2023
Omanikukonto: AMBER TRUST S.C.A.,SICAF-SIF
Shareholder · 1 440 000 € · 16 Aug 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

65121Non-life insurance Main

Rulings 21

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10018235 / 20 23 Feb 2022	Amendment entry		In force 23 Feb 2022	PDF
Ä 10018235 / M7 7 Oct 2020	Procedural ruling	6 Nov 2020	Deficiencies eliminated 7 Oct 2020	PDF
Ä 10018235 / 19 8 Mar 2019	Amendment entry		In force 8 Mar 2019	PDF
Ä 10018235 / M6 7 Mar 2019	Ruling to eliminate deficiencies	6 Apr 2019	Deficiencies eliminated 7 Mar 2019	PDF
Ä 10018235 / M5 25 Feb 2019	Ruling to correct data outside an entry	27 Mar 2019	Deficiencies eliminated 25 Feb 2019	PDF
Ä 10018235 / M4 12 Jun 2018	Ruling to eliminate deficiencies in the annual report	12 Jul 2018	Deficiencies eliminated 12 Jun 2018	PDF
Ä 10018235 / 18 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10018235 / 17 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10018235 / 16 27 Sep 2017	Amendment entry		In force 27 Sep 2017	PDF
Ä 10018235 / 15 21 Jun 2017	Amendment entry		In force 21 Jun 2017	PDF
Ä 10018235 / M3 13 Jun 2017	Ruling to eliminate deficiencies	13 Jul 2017	Deficiencies eliminated 21 Jun 2017	PDF
Ä 10018235 / 14 31 Aug 2016	Amendment entry		In force 31 Aug 2016	PDF
Ä 10018235 / 13 31 Aug 2015	Amendment entry		In force 31 Aug 2015	PDF
Ä 10018235 / 12 14 Jul 2011	Amendment entry		In force 14 Jul 2011	PDF
Ä 10018235 / M2 6 Jul 2011	Ruling to eliminate deficiencies	9 Sep 2011	In force 6 Jul 2011	PDF
Ä 18235 / 11 3 Dec 2008	Deletion of activities from the registry card		In force 19 Dec 2008	PDF
Ä 18235 / 10 7 Jul 2008	Amendment entry		In force 7 Jul 2008	PDF
Ä 18235 / 9 16 May 2007	Amendment entry		In force 16 May 2007	PDF
Ä 18235 / 8 8 Jun 2006	Amendment entry		In force 8 Jun 2006	PDF
Ä 18235 / 7 16 Dec 2005	Amendment entry		In force	PDF
Ä 18235 / 6 15 Oct 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

Salva Kindlustuse AS

Position in the industry Insurance, reinsurance and pension funding, except compulsory social security · EMTAK 65

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 21