AKTSIASELTS MARTEM

Active Registry code 10405229 AS Tallinn Registered 10 Mar 1998
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AKTSIASELTS MARTEM is a AS based in Tallinn, registry code 10405229, status: active. Main activity: Manufacture of electricity distribution and control apparatus. According to EMTA, turnover for Q3 2026 was €187 348 with 12 employees.

Turnover
187 348 €
↓ 45.8% vs Q2 2026
State taxes
55 620 €
↓ 34.3% vs Q2 2026
Labour taxes
41 492 €
↓ 8.8% vs Q2 2026
Employees
12
±0 vs Q2 2026

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

Position in the industry Manufacture of electrical equipment · EMTAK 27

  • Turnover · Q3 2026 187 348 €
    industry median 215 709 € · companies in the industry: 143
  • Labour taxes per employee 3 458 €
    industry median 2 978 € · companies in the industry: 116
  • Revenue · 2025 1.1 mn €
    industry median 131 237 € · companies in the industry: 178
  • Net profit margin · 2025 20.5 %
    industry median 3.8 % · companies in the industry: 135

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 187 348 € · −45.8% vs Q2 2026 · industry median 215 709 € · above 47% of the industry
02004006008001 000Q4 2023 Company: 434 862 € Industry median: 279 466 €Q4·23Q1 2024 Company: 287 363 € Industry median: 210 065 €Q2 2024 Company: 233 208 € Industry median: 197 044 €Q2·24Q3 2024 Company: 329 759 € Industry median: 172 996 €Q4 2024 Company: 894 968 € Industry median: 237 912 €Q4·24Q1 2025 Company: 272 719 € Industry median: 196 687 €Q2 2025 Company: 347 227 € Industry median: 215 340 €Q2·25Q3 2025 Company: 246 525 € Industry median: 234 946 €Q4 2025 Company: 298 488 € Industry median: 231 679 €Q4·25Q1 2026 Company: 474 386 € Industry median: 243 069 €Q2 2026 Company: 345 763 € Industry median: 256 305 €Q2·26Q3 2026 Company: 187 348 € Industry median: 215 709 €Q3·2602004006008001 000Q4 2024 Company: 894 968 € Industry median: 237 912 €Q1 2025 Company: 272 719 € Industry median: 196 687 €Q1·25Q2 2025 Company: 347 227 € Industry median: 215 340 €Q3 2025 Company: 246 525 € Industry median: 234 946 €Q3·25Q4 2025 Company: 298 488 € Industry median: 231 679 €Q1 2026 Company: 474 386 € Industry median: 243 069 €Q1·26Q2 2026 Company: 345 763 € Industry median: 256 305 €Q3 2026 Company: 187 348 € Industry median: 215 709 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 458 € · −8.8% vs Q2 2026 · industry median 2 978 € · above 63% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 2 607 € Industry median: 2 437 €Q4·23Q1 2024 Company: 2 541 € Industry median: 2 523 €Q2 2024 Company: 2 701 € Industry median: 2 614 €Q2·24Q3 2024 Company: 2 863 € Industry median: 2 569 €Q4 2024 Company: 2 931 € Industry median: 2 666 €Q4·24Q1 2025 Company: 3 815 € Industry median: 2 627 €Q2 2025 Company: 2 911 € Industry median: 2 700 €Q2·25Q3 2025 Company: 4 866 € Industry median: 3 089 €Q4 2025 Company: 3 437 € Industry median: 2 877 €Q4·25Q1 2026 Company: 4 072 € Industry median: 2 829 €Q2 2026 Company: 3 793 € Industry median: 2 852 €Q2·26Q3 2026 Company: 3 458 € Industry median: 2 978 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 2 931 € Industry median: 2 666 €Q1 2025 Company: 3 815 € Industry median: 2 627 €Q1·25Q2 2025 Company: 2 911 € Industry median: 2 700 €Q3 2025 Company: 4 866 € Industry median: 3 089 €Q3·25Q4 2025 Company: 3 437 € Industry median: 2 877 €Q1 2026 Company: 4 072 € Industry median: 2 829 €Q1·26Q2 2026 Company: 3 793 € Industry median: 2 852 €Q3 2026 Company: 3 458 € Industry median: 2 978 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 12 · +0.0% vs Q2 2026
051015Q4 2023 Company: 13Q4·23Q1 2024 Company: 14Q2 2024 Company: 13Q2·24Q3 2024 Company: 13Q4 2024 Company: 13Q4·24Q1 2025 Company: 11Q2 2025 Company: 12Q2·25Q3 2025 Company: 12Q4 2025 Company: 12Q4·25Q1 2026 Company: 12Q2 2026 Company: 12Q2·26Q3 2026 Company: 12Q3·26051015Q4 2024 Company: 13Q1 2025 Company: 11Q1·25Q2 2025 Company: 12Q3 2025 Company: 12Q3·25Q4 2025 Company: 12Q1 2026 Company: 12Q1·26Q2 2026 Company: 12Q3 2026 Company: 12Q3·26
State taxes, € thousand Q3 2026: 55 620 € · −34.3% vs Q2 2026
050100150Q4 2023 Company: 70 831 €Q4·23Q1 2024 Company: 63 741 €Q2 2024 Company: 41 694 €Q2·24Q3 2024 Company: 83 037 €Q4 2024 Company: 141 831 €Q4·24Q1 2025 Company: 79 511 €Q2 2025 Company: 62 019 €Q2·25Q3 2025 Company: 92 114 €Q4 2025 Company: 83 841 €Q4·25Q1 2026 Company: 94 179 €Q2 2026 Company: 84 641 €Q2·26Q3 2026 Company: 55 620 €Q3·26050100150Q4 2024 Company: 141 831 €Q1 2025 Company: 79 511 €Q1·25Q2 2025 Company: 62 019 €Q3 2025 Company: 92 114 €Q3·25Q4 2025 Company: 83 841 €Q1 2026 Company: 94 179 €Q1·26Q2 2026 Company: 84 641 €Q3 2026 Company: 55 620 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 187 348 55 620 41 492 12
Q2 2026 345 763 84 641 45 517 12
Q1 2026 474 386 94 179 48 868 12
Q4 2025 298 488 83 841 41 242 12
Q3 2025 246 525 92 114 58 397 12
Q2 2025 347 227 62 019 34 931 12
Q1 2025 272 719 79 511 41 966 11
Q4 2024 894 968 141 831 38 102 13
Q3 2024 329 759 83 037 37 218 13
Q2 2024 233 208 41 694 35 108 13
Q1 2024 287 363 63 741 35 580 14
Q4 2023 434 862 70 831 33 893 13
Q3 2023 256 120 54 650 38 068 13
Q2 2023 209 944 45 568 32 807 12
Q1 2023 630 377 98 489 31 686 11
Q4 2022 403 338 69 797 29 663 10
Q3 2022 237 871 54 000 31 888 10
Q2 2022 210 092 50 141 36 026 10
Q1 2022 146 801 53 728 36 551 12
Labour taxes per employee per month
1 153 €
Turnover per employee in the quarter
15 612 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 1 060 639 € · −23.8% vs 2024 · industry median 131 237 € · above 70% of the industry
05001 0001 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 642 100 € Industry median: 301 998 €20192020 Company: 641 980 € Industry median: 270 335 €20202021 Company: 529 266 € Industry median: 293 229 €20212022 Company: 1 077 365 € Industry median: 239 010 €20222023 Company: 1 027 501 € Industry median: 217 400 €20232024 Company: 1 391 372 € Industry median: 180 833 €20242025 Company: 1 060 639 € Industry median: 131 237 €202505001 0001 5002018 Company: — Industry median: —2019 Company: 642 100 € Industry median: 301 998 €20192020 Company: 641 980 € Industry median: 270 335 €2021 Company: 529 266 € Industry median: 293 229 €20212022 Company: 1 077 365 € Industry median: 239 010 €2023 Company: 1 027 501 € Industry median: 217 400 €20232024 Company: 1 391 372 € Industry median: 180 833 €2025 Company: 1 060 639 € Industry median: 131 237 €2025
  • Company
  • Industry median

Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 217 317 € · +6.4% vs 2024 · industry median 915 € · above 83% of the industry
-300-200-10001002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 129 € Industry median: 4 909 €20192020 Company: -93 011 € Industry median: 3 640 €20202021 Company: -215 384 € Industry median: 7 004 €20212022 Company: 68 039 € Industry median: 3 267 €20222023 Company: 60 802 € Industry median: 1 920 €20232024 Company: 204 165 € Industry median: 1 406 €20242025 Company: 217 317 € Industry median: 915 €2025-300-200-10001002003002018 Company: — Industry median: —2019 Company: 2 129 € Industry median: 4 909 €20192020 Company: -93 011 € Industry median: 3 640 €2021 Company: -215 384 € Industry median: 7 004 €20212022 Company: 68 039 € Industry median: 3 267 €2023 Company: 60 802 € Industry median: 1 920 €20232024 Company: 204 165 € Industry median: 1 406 €2025 Company: 217 317 € Industry median: 915 €2025
  • Company
  • Industry median

Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 20.5 % · +5.8 pp vs the year before · industry median 3.8 % · above 86% of the industry
-60-40-20020402016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0.3 % Industry median: 4.7 %20192020 Company: -14.5 % Industry median: 4.2 %20202021 Company: -40.7 % Industry median: 4.4 %20212022 Company: 6.3 % Industry median: 4.7 %20222023 Company: 5.9 % Industry median: 5.0 %20232024 Company: 14.7 % Industry median: 4.2 %20242025 Company: 20.5 % Industry median: 3.8 %2025-60-40-20020402018 Company: — Industry median: —2019 Company: 0.3 % Industry median: 4.7 %20192020 Company: -14.5 % Industry median: 4.2 %2021 Company: -40.7 % Industry median: 4.4 %20212022 Company: 6.3 % Industry median: 4.7 %2023 Company: 5.9 % Industry median: 5.0 %20232024 Company: 14.7 % Industry median: 4.2 %2025 Company: 20.5 % Industry median: 3.8 %2025
  • Company
  • Industry median

Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 923 609 € · +38.9% vs 2024
02505007501 0001 2502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 841 595 €20192020 Company: 758 220 €20202021 Company: 298 570 €20212022 Company: 1 160 361 €20222023 Company: 440 444 €20232024 Company: 664 849 €20242025 Company: 923 609 €202502505007501 0001 2502018 Company: —2019 Company: 841 595 €20192020 Company: 758 220 €2021 Company: 298 570 €20212022 Company: 1 160 361 €2023 Company: 440 444 €20232024 Company: 664 849 €2025 Company: 923 609 €2025
Equity, € thousand 2025: 744 316 € · +41.2% vs 2024
02004006008002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 769 228 €20192020 Company: 658 007 €20202021 Company: 193 993 €20212022 Company: 262 032 €20222023 Company: 322 834 €20232024 Company: 526 999 €20242025 Company: 744 316 €202502004006008002018 Company: —2019 Company: 769 228 €20192020 Company: 658 007 €2021 Company: 193 993 €20212022 Company: 262 032 €2023 Company: 322 834 €20232024 Company: 526 999 €2025 Company: 744 316 €2025
Employees 2025: 9 · −10.0% vs 2024 · industry median 8 · above 51% of the industry
0510152016 Company: 13 Industry median: —20162017 Company: 14 Industry median: —20172018 Company: 13 Industry median: 9.520182019 Company: 11 Industry median: 1020192020 Company: 11 Industry median: 1020202021 Company: 10 Industry median: 920212022 Company: 9 Industry median: 920222023 Company: 10 Industry median: 1020232024 Company: 10 Industry median: 1020242025 Company: 9 Industry median: 820250510152018 Company: 13 Industry median: 9.52019 Company: 11 Industry median: 1020192020 Company: 11 Industry median: 102021 Company: 10 Industry median: 920212022 Company: 9 Industry median: 92023 Company: 10 Industry median: 1020232024 Company: 10 Industry median: 102025 Company: 9 Industry median: 82025
  • Company
  • Industry median

Industry: Manufacture of electrical equipment (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 1 060 639 217 317 421 488 923 609 744 316 9
2024 1 391 372 204 165 370 488 664 849 526 999 10
2023 1 027 501 60 802 330 967 440 444 322 834 10
2022 1 077 365 68 039 311 033 1 160 361 262 032 9
2021 529 266 -215 384 355 781 298 570 193 993 10
2020 641 980 -93 011 370 044 758 220 658 007 11
2019 642 100 2 129 321 466 841 595 769 228 11
2018 — — — — — 13
2017 — — — — — 14
2016 — — — — — 13
2015 — — — — — 14
2014 — — — — — 15
2013 — — — — — 15
2012 — — — — — 17
2011 — — — — — 14
2010 — — — — — 15
2009 — — — — — 12
2008 — — — — — 11
2007 — — — — — 11
2006 — — — — — 10
2005 — — — — — 12
2004 — — — — — 10
2003 — — — — — 10
2002 — — — — — 6
2001 — — — — — 6
1998 — — — — — 5

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
20.5 %
Net profit / revenue
Return on equity (ROE)
29.2 %
Net profit / equity
Return on assets (ROA)
23.5 %
Net profit / assets
Equity ratio
80.6 %
Equity / assets
Debt ratio
19.4 %
Liabilities / assets
Current ratio
5.11
Current assets / current liabilities
Revenue per employee
117 849 €
Revenue / average full-time employees
Labour cost per employee per month
3 903 €
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 26 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 1 Jul 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 25 Jul 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 16 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 1 Jul 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 7 Jul 2020 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Johann Sulling
    Board member · since 6 Dec 2024
  • Peter Nobel
    Board member · since 6 Dec 2024

Right of representation

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

Owners

No owner information.

Beneficial owners

  • Peter Nobel
    Member of a senior management body (management or supervisory board) · since 8 Nov 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 27121Manufacture of electricity distribution and control apparatus Main
  • 62101Computer programming activities
  • 71121Constructional engineering-technical designing and consulting
  • 71129Other engineering-technical activities
Rulings
Number, date Title Deadline State Document
Ä 10027281 / 14
6 Dec 2024
Amendment entry In force
6 Dec 2024
PDF
Ä 10027281 / M9
25 Jun 2024
Ruling to correct data outside an entry 9 Jul 2024 Deficiencies eliminated
9 Jul 2024
PDF
Ä 10027281 / 13
19 Jul 2021
Amendment entry In force
19 Jul 2021
PDF
Ä 10027281 / M8
16 Jul 2021
Ruling to eliminate deficiencies 15 Aug 2021 Deficiencies eliminated
19 Jul 2021
PDF
Ä 10027281 / M7
12 Jun 2018
Ruling to eliminate deficiencies 12 Jul 2018 Deficiencies eliminated
12 Jun 2018
PDF
Ä 10027281 / 12
12 Jun 2018
Amendment entry In force
12 Jun 2018
PDF
Ä 10027281 / M6
5 Jun 2018
Ruling to correct data outside an entry 5 Jul 2018 Deficiencies eliminated
5 Jun 2018
PDF
Ä 10027281 / 11
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10027281 / 10
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10027281 / 9
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10027281 / 8
18 Dec 2015
Amendment under Commercial Code § 525 (2) In force
18 Dec 2015
PDF
Ä 10027281 / M5
10 Jun 2015
Refund of the state fee In force
10 Jun 2015
PDF
Ä 10027281 / M4
8 Jun 2015
Ruling to correct data outside an entry 8 Jul 2015 Deficiencies eliminated
10 Jun 2015
PDF
Ä 10027281 / 7
11 Oct 2011
Amendment entry In force
11 Oct 2011
PDF
Ä 10027281 / M3
15 Sep 2011
Ruling to eliminate deficiencies 15 Oct 2011 In force
15 Sep 2011
PDF
Ä 10027281 / M2
9 Sep 2011
Ruling to eliminate deficiencies 9 Sep 2011 In force
9 Sep 2011
PDF
Ä 10027281 / 6
17 May 2010
Deletion of activities from the registry card In force
17 May 2010
PDF
Ä 27281 / M1
13 Jun 2006
Ruling to be served In force
13 Jun 2006
PDF
Ä 27281 / 5
28 Jul 2003
Amendment entry In force PDF
Ä 27281 / 4
2 Jun 2003
Unpublished amendment entry In force PDF
Ä 27281 / 3
22 Nov 2002
Negative entry decision In force PDF

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