Tallinna Teede Aktsiaselts

Active Registry code 10344640 AS Tallinn Registered 15 Dec 1997
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Tallinna Teede Aktsiaselts is a AS based in Tallinn, registry code 10344640, status: active. Main activity: Construction of roads and motorways. According to EMTA, turnover for Q3 2026 was €4 062 829 with 87 employees.

Turnover
4 062 829 €
↓ 13.7% vs Q2 2026
State taxes
792 782 €
↑ 4.9% vs Q2 2026
Labour taxes
620 614 €
↑ 4.7% vs Q2 2026
Employees
87
−5 vs Q2 2026

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

Position in the industry Civil engineering · EMTAK 42

  • Turnover · Q3 2026 4.1 mn €
    industry median 52 240 € · companies in the industry: 1 125
  • Labour taxes per employee 7 133 €
    industry median 1 750 € · companies in the industry: 933
  • Revenue · 2025 22.2 mn €
    industry median 88 960 € · companies in the industry: 1 426
  • Net profit margin · 2025 4.9 %
    industry median 5.0 % · companies in the industry: 1 185

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 4 062 829 € · −13.7% vs Q2 2026 · industry median 52 240 € · above 98% of the industry
05 00010 00015 000Q4 2023 Company: 9 810 065 € Industry median: 57 537 €Q4·23Q1 2024 Company: 2 618 326 € Industry median: 30 131 €Q2 2024 Company: 2 560 819 € Industry median: 43 636 €Q2·24Q3 2024 Company: 8 851 156 € Industry median: 55 552 €Q4 2024 Company: 13 692 258 € Industry median: 59 411 €Q4·24Q1 2025 Company: 3 723 376 € Industry median: 34 084 €Q2 2025 Company: 2 854 145 € Industry median: 44 234 €Q2·25Q3 2025 Company: 9 017 847 € Industry median: 54 940 €Q4 2025 Company: 8 105 324 € Industry median: 60 220 €Q4·25Q1 2026 Company: 2 792 316 € Industry median: 36 839 €Q2 2026 Company: 4 710 241 € Industry median: 44 874 €Q2·26Q3 2026 Company: 4 062 829 € Industry median: 52 240 €Q3·2605 00010 00015 000Q4 2024 Company: 13 692 258 € Industry median: 59 411 €Q1 2025 Company: 3 723 376 € Industry median: 34 084 €Q1·25Q2 2025 Company: 2 854 145 € Industry median: 44 234 €Q3 2025 Company: 9 017 847 € Industry median: 54 940 €Q3·25Q4 2025 Company: 8 105 324 € Industry median: 60 220 €Q1 2026 Company: 2 792 316 € Industry median: 36 839 €Q1·26Q2 2026 Company: 4 710 241 € Industry median: 44 874 €Q3 2026 Company: 4 062 829 € Industry median: 52 240 €Q3·26
  • Company
  • Industry median

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

Labour taxes per employee, € Q3 2026: 7 133 € · +10.8% vs Q2 2026 · industry median 1 750 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 5 488 € Industry median: 1 696 €Q4·23Q1 2024 Company: 5 260 € Industry median: 1 534 €Q2 2024 Company: 5 972 € Industry median: 1 448 €Q2·24Q3 2024 Company: 6 489 € Industry median: 1 657 €Q4 2024 Company: 5 424 € Industry median: 1 890 €Q4·24Q1 2025 Company: 5 413 € Industry median: 1 717 €Q2 2025 Company: 7 526 € Industry median: 1 538 €Q2·25Q3 2025 Company: 6 968 € Industry median: 1 845 €Q4 2025 Company: 5 777 € Industry median: 2 070 €Q4·25Q1 2026 Company: 5 937 € Industry median: 1 721 €Q2 2026 Company: 6 441 € Industry median: 1 482 €Q2·26Q3 2026 Company: 7 133 € Industry median: 1 750 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 5 424 € Industry median: 1 890 €Q1 2025 Company: 5 413 € Industry median: 1 717 €Q1·25Q2 2025 Company: 7 526 € Industry median: 1 538 €Q3 2025 Company: 6 968 € Industry median: 1 845 €Q3·25Q4 2025 Company: 5 777 € Industry median: 2 070 €Q1 2026 Company: 5 937 € Industry median: 1 721 €Q1·26Q2 2026 Company: 6 441 € Industry median: 1 482 €Q3 2026 Company: 7 133 € Industry median: 1 750 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 87 · −5.4% vs Q2 2026
0255075100125Q4 2023 Company: 97Q4·23Q1 2024 Company: 95Q2 2024 Company: 102Q2·24Q3 2024 Company: 103Q4 2024 Company: 99Q4·24Q1 2025 Company: 97Q2 2025 Company: 98Q2·25Q3 2025 Company: 95Q4 2025 Company: 95Q4·25Q1 2026 Company: 89Q2 2026 Company: 92Q2·26Q3 2026 Company: 87Q3·26020406080100Q4 2024 Company: 99Q1 2025 Company: 97Q1·25Q2 2025 Company: 98Q3 2025 Company: 95Q3·25Q4 2025 Company: 95Q1 2026 Company: 89Q1·26Q2 2026 Company: 92Q3 2026 Company: 87Q3·26
State taxes, € thousand Q3 2026: 792 782 € · +4.9% vs Q2 2026
05001 0001 5002 000Q4 2023 Company: 1 628 284 €Q4·23Q1 2024 Company: 821 988 €Q2 2024 Company: 688 233 €Q2·24Q3 2024 Company: 1 219 675 €Q4 2024 Company: 1 435 109 €Q4·24Q1 2025 Company: 985 696 €Q2 2025 Company: 724 609 €Q2·25Q3 2025 Company: 1 490 656 €Q4 2025 Company: 1 416 115 €Q4·25Q1 2026 Company: 692 875 €Q2 2026 Company: 755 921 €Q2·26Q3 2026 Company: 792 782 €Q3·2605001 0001 500Q4 2024 Company: 1 435 109 €Q1 2025 Company: 985 696 €Q1·25Q2 2025 Company: 724 609 €Q3 2025 Company: 1 490 656 €Q3·25Q4 2025 Company: 1 416 115 €Q1 2026 Company: 692 875 €Q1·26Q2 2026 Company: 755 921 €Q3 2026 Company: 792 782 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 4 062 829 792 782 620 614 87
Q2 2026 4 710 241 755 921 592 574 92
Q1 2026 2 792 316 692 875 528 351 89
Q4 2025 8 105 324 1 416 115 548 781 95
Q3 2025 9 017 847 1 490 656 661 969 95
Q2 2025 2 854 145 724 609 737 522 98
Q1 2025 3 723 376 985 696 525 068 97
Q4 2024 13 692 258 1 435 109 536 994 99
Q3 2024 8 851 156 1 219 675 668 376 103
Q2 2024 2 560 819 688 233 609 167 102
Q1 2024 2 618 326 821 988 499 726 95
Q4 2023 9 810 065 1 628 284 532 322 97
Q3 2023 11 347 252 1 816 910 743 522 111
Q2 2023 6 762 640 610 567 624 291 115
Q1 2023 6 495 965 1 107 898 493 092 107
Q4 2022 10 636 142 1 198 782 499 057 102
Q3 2022 9 511 526 1 183 223 620 181 104
Q2 2022 3 530 504 1 056 318 577 981 104
Q1 2022 3 093 051 790 752 508 784 107
Labour taxes per employee per month
2 378 €
Turnover per employee in the quarter
46 699 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 22 174 537 € · −22.3% vs 2024 · industry median 88 960 € · above 98% of the industry
010 00020 00030 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 25 026 415 € Industry median: 87 742 €20192020 Company: 27 307 446 € Industry median: 79 900 €20202021 Company: 33 552 167 € Industry median: 85 202 €20212022 Company: 27 641 070 € Industry median: 83 429 €20222023 Company: 30 645 221 € Industry median: 84 652 €20232024 Company: 28 522 519 € Industry median: 74 590 €20242025 Company: 22 174 537 € Industry median: 88 960 €2025010 00020 00030 00040 0002018 Company: — Industry median: —2019 Company: 25 026 415 € Industry median: 87 742 €20192020 Company: 27 307 446 € Industry median: 79 900 €2021 Company: 33 552 167 € Industry median: 85 202 €20212022 Company: 27 641 070 € Industry median: 83 429 €2023 Company: 30 645 221 € Industry median: 84 652 €20232024 Company: 28 522 519 € Industry median: 74 590 €2025 Company: 22 174 537 € Industry median: 88 960 €2025
  • Company
  • Industry median

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

Net profit, € thousand 2025: 1 093 450 € · −21.1% vs 2024 · industry median 2 500 € · above 98% of the industry
01 0002 0003 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 958 797 € Industry median: 3 099 €20192020 Company: 2 771 060 € Industry median: 1 997 €20202021 Company: 2 303 341 € Industry median: 2 977 €20212022 Company: 1 093 348 € Industry median: 2 069 €20222023 Company: 2 640 321 € Industry median: 2 486 €20232024 Company: 1 385 474 € Industry median: 1 984 €20242025 Company: 1 093 450 € Industry median: 2 500 €202501 0002 0003 0002018 Company: — Industry median: —2019 Company: 958 797 € Industry median: 3 099 €20192020 Company: 2 771 060 € Industry median: 1 997 €2021 Company: 2 303 341 € Industry median: 2 977 €20212022 Company: 1 093 348 € Industry median: 2 069 €2023 Company: 2 640 321 € Industry median: 2 486 €20232024 Company: 1 385 474 € Industry median: 1 984 €2025 Company: 1 093 450 € Industry median: 2 500 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 4.9 % · +0.1 pp vs the year before · industry median 5.0 % · above 50% of the industry
035810132016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3.8 % Industry median: 6.0 %20192020 Company: 10.1 % Industry median: 5.2 %20202021 Company: 6.9 % Industry median: 6.0 %20212022 Company: 4.0 % Industry median: 4.7 %20222023 Company: 8.6 % Industry median: 5.1 %20232024 Company: 4.9 % Industry median: 4.7 %20242025 Company: 4.9 % Industry median: 5.0 %2025035810132018 Company: — Industry median: —2019 Company: 3.8 % Industry median: 6.0 %20192020 Company: 10.1 % Industry median: 5.2 %2021 Company: 6.9 % Industry median: 6.0 %20212022 Company: 4.0 % Industry median: 4.7 %2023 Company: 8.6 % Industry median: 5.1 %20232024 Company: 4.9 % Industry median: 4.7 %2025 Company: 4.9 % Industry median: 5.0 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 18 432 083 € · −3.1% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 15 573 454 €20192020 Company: 18 686 411 €20202021 Company: 18 574 972 €20212022 Company: 17 553 397 €20222023 Company: 18 810 753 €20232024 Company: 19 031 168 €20242025 Company: 18 432 083 €202505 00010 00015 00020 0002018 Company: —2019 Company: 15 573 454 €20192020 Company: 18 686 411 €2021 Company: 18 574 972 €20212022 Company: 17 553 397 €2023 Company: 18 810 753 €20232024 Company: 19 031 168 €2025 Company: 18 432 083 €2025
Equity, € thousand 2025: 14 206 298 € · +8.3% vs 2024
05 00010 00015 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 11 778 565 €20192020 Company: 14 549 623 €20202021 Company: 14 519 631 €20212022 Company: 12 501 868 €20222023 Company: 13 942 189 €20232024 Company: 13 112 848 €20242025 Company: 14 206 298 €202505 00010 00015 0002018 Company: —2019 Company: 11 778 565 €20192020 Company: 14 549 623 €2021 Company: 14 519 631 €20212022 Company: 12 501 868 €2023 Company: 13 942 189 €20232024 Company: 13 112 848 €2025 Company: 14 206 298 €2025
Employees 2025: 96 · −3.0% vs 2024 · industry median 2 · above 98% of the industry
0501001502016 Company: 0 Industry median: —20162017 Company: 129 Industry median: —20172018 Company: 126 Industry median: 320182019 Company: 117 Industry median: 320192020 Company: 112 Industry median: 320202021 Company: 115 Industry median: 320212022 Company: 107 Industry median: 320222023 Company: 109 Industry median: 220232024 Company: 99 Industry median: 220242025 Company: 96 Industry median: 220250501001502018 Company: 126 Industry median: 32019 Company: 117 Industry median: 320192020 Company: 112 Industry median: 32021 Company: 115 Industry median: 320212022 Company: 107 Industry median: 32023 Company: 109 Industry median: 220232024 Company: 99 Industry median: 22025 Company: 96 Industry median: 22025
  • Company
  • Industry median

Industry: Civil engineering (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 22 174 537 1 093 450 5 303 915 18 432 083 14 206 298 96
2024 28 522 519 1 385 474 4 958 116 19 031 168 13 112 848 99
2023 30 645 221 2 640 321 6 409 787 18 810 753 13 942 189 109
2022 27 641 070 1 093 348 4 754 501 17 553 397 12 501 868 107
2021 33 552 167 2 303 341 5 714 409 18 574 972 14 519 631 115
2020 27 307 446 2 771 060 5 003 938 18 686 411 14 549 623 112
2019 25 026 415 958 797 4 358 043 15 573 454 11 778 565 117
2018 — — — — — 126
2017 — — — — — 129
2016 — — — — — 0
2015 — — — — — 0
2014 — — — — — 135
2013 — — — — — 132
2012 — — — — — 132
2011 — — — — — 145
2010 — — — — — 152
2008 — — — — — 174
2007 — — — — — 157
2006 — — — — — 145
2005 — — — — — 134
2004 — — — — — 127
2003 — — — — — 143
2002 — — — — — 127
2001 — — — — — 138
2000 — — — — — 156
1999 — — — — — 169
1998 — — — — — 181
1997 — — — — — 196

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
4.9 %
Net profit / revenue
Return on equity (ROE)
7.7 %
Net profit / equity
Return on assets (ROA)
5.9 %
Net profit / assets
Equity ratio
77.1 %
Equity / assets
Debt ratio
22.9 %
Liabilities / assets
Current ratio
2.29
Current assets / current liabilities
Revenue per employee
230 985 €
Revenue / average full-time employees
Labour cost per employee per month
4 604 €
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 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 29 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Jun 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
5 3 977 415 € Swedbank AS 6 Apr 2021 – in force
4 127 824 € AS SEB Pank 22 Feb 2011 – in force
3 2 000 000 EEK aktsiaselts Hansapank 1 Oct 2003 – in force
2 25 000 000 EEK aktsiaselts Hansapank, Aktsiaselts Eesti Ühispank 10 Jun 2003 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Jüri Läll
    Board member · since 26 Aug 2011
  • Marek Rand
    Board member · since 11 Feb 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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 42111Construction of roads and motorways Main
  • 23991Manufacture of other non-metallic mineral products n.e.c.
Rulings
Number, date Title Deadline State Document
K 10021653 / 29
6 Apr 2021
Commercial pledge entered In force
6 Apr 2021
PDF
Ä 10021653 / 28
11 Feb 2021
Amendment entry In force
11 Feb 2021
PDF
Ä 10021653 / 27
2 Oct 2020
Amendment entry In force
2 Oct 2020
PDF
Ä 10021653 / M11
18 Jan 2019
Ruling to correct data outside an entry 28 Jan 2019 Deficiencies eliminated
23 Jan 2019
PDF
Ä 10021653 / 26
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10021653 / 25
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10021653 / 24
29 Sep 2017
Second (constitutive) merger entry In force
29 Sep 2017
PDF
Ä 10021653 / 23
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10021653 / 22
14 Sep 2016
Amendment entry In force
14 Sep 2016
PDF
Ä 10021653 / 21
14 Sep 2015
Second (constitutive) merger entry In force
14 Sep 2015
PDF
Ä 10021653 / M10
7 Aug 2015
Ruling to eliminate deficiencies 6 Sep 2015 In force
7 Aug 2015
PDF
Ä 10021653 / 20
2 May 2013
Amendment entry In force
2 May 2013
PDF
Ä 10021653 / 19
6 Feb 2012
Amendment entry In force
6 Feb 2012
PDF
Ä 10021653 / 18
10 Oct 2011
Amendment entry In force
10 Oct 2011
PDF
Ä 10021653 / 17
26 Aug 2011
Amendment entry In force
26 Aug 2011
PDF
K 10035323 / 5
22 Feb 2011
Commercial pledge entered In force
22 Feb 2011
PDF
K 10035323 / M1
21 Feb 2011
Ruling to eliminate deficiencies 21 Mar 2011 In force
21 Feb 2011
PDF
Ä 10021653 / 16
25 Aug 2010
Entry refused: deficiencies not eliminated 9 Sep 2010 In force
25 Aug 2010
PDF
Ä 10021653 / 15
5 Mar 2010
Amendment entry In force
5 Mar 2010
PDF
Ä 10021653 / M9
23 Feb 2010
Ruling to eliminate deficiencies 10 Mar 2010 Deficiencies eliminated
5 Mar 2010
PDF
Ä 21653 / 14
4 Jan 2010
Amendment entry In force
4 Jan 2010
PDF
Ä 21653 / M8
29 Dec 2009
Ruling to be served 29 Jan 2010 In force
29 Dec 2009
PDF
Ä 21653 / 13
28 May 2009
Amendment entry In force
28 May 2009
PDF
Ä 21653 / M7
21 May 2009
Ruling to eliminate deficiencies 5 Jun 2009 Deficiencies eliminated
21 May 2009
PDF
Ä 21653 / 12
3 Dec 2008
Deletion of activities from the registry card In force
11 Dec 2008
PDF
Ä 21653 / 11
13 Feb 2007
Amendment entry In force
13 Feb 2007
PDF
Ä 21653 / 10
24 Jul 2006
Amendment entry In force
24 Jul 2006
PDF
Ä 21653 / M6
22 Jun 2005
Refund of the state fee In force PDF
Ä 21653 / 9
16 Jun 2005
Amendment entry In force PDF
Ä 21653 / 8
22 Sep 2004
Amendment entry In force PDF
Ä 21653 / M5
9 Sep 2004
Ruling to eliminate deficiencies (to be served) In force PDF
Ä 21653 / 7
1 Oct 2003
Second (constitutive) merger entry In force PDF
K 35323 / 4
1 Oct 2003
Compliance with Commercial Code § 33 (7.1) In force PDF
Ä 21653 / M4
27 Aug 2003
Ruling to eliminate deficiencies (to be served) 15 Oct 2003 In force PDF
K 35323 / 3
9 Jun 2003
Commercial pledge entered In force PDF
Ä 21653 / 6
18 Dec 2002
Entry decision on the register’s own initiative In force PDF
Ä 21653 / 5
5 Apr 2002
Unpublished amendment entry In force PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data