AKTSIASELTS VARRAK

Active Registry code 10495741 AS Tallinn Registered 13 Oct 1998
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AKTSIASELTS VARRAK is a AS based in Tallinn, registry code 10495741, status: active. Main activity: Publishing of books, brochures and similar publications. According to EMTA, turnover for Q3 2026 was €518 827 with 17 employees.

Turnover
518 827 €
↓ 6.8% vs Q2 2026
State taxes
82 408 €
↓ 11.3% vs Q2 2026
Labour taxes
61 921 €
↓ 28.3% vs Q2 2026
Employees
17
±0 vs Q2 2026

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

Position in the industry Publishing activities · EMTAK 58

  • Turnover · Q3 2026 518 827 €
    industry median 9 319 € · companies in the industry: 766
  • Labour taxes per employee 3 642 €
    industry median 2 036 € · companies in the industry: 224
  • Revenue · 2025 2.4 mn €
    industry median 5 175 € · companies in the industry: 1 328
  • Net profit margin · 2025 -12.1 %
    industry median 4.4 % · companies in the industry: 825

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 518 827 € · −6.8% vs Q2 2026 · industry median 9 319 € · above 93% of the industry
0200400600800Q4 2023 Company: 721 091 € Industry median: 13 258 €Q4·23Q1 2024 Company: 768 337 € Industry median: 14 046 €Q2 2024 Company: 601 640 € Industry median: 11 785 €Q2·24Q3 2024 Company: 696 685 € Industry median: 13 362 €Q4 2024 Company: 764 235 € Industry median: 14 000 €Q4·24Q1 2025 Company: 689 764 € Industry median: 14 441 €Q2 2025 Company: 590 030 € Industry median: 12 185 €Q2·25Q3 2025 Company: 543 996 € Industry median: 11 095 €Q4 2025 Company: 667 328 € Industry median: 11 709 €Q4·25Q1 2026 Company: 710 561 € Industry median: 10 933 €Q2 2026 Company: 556 633 € Industry median: 9 774 €Q2·26Q3 2026 Company: 518 827 € Industry median: 9 319 €Q3·260200400600800Q4 2024 Company: 764 235 € Industry median: 14 000 €Q1 2025 Company: 689 764 € Industry median: 14 441 €Q1·25Q2 2025 Company: 590 030 € Industry median: 12 185 €Q3 2025 Company: 543 996 € Industry median: 11 095 €Q3·25Q4 2025 Company: 667 328 € Industry median: 11 709 €Q1 2026 Company: 710 561 € Industry median: 10 933 €Q1·26Q2 2026 Company: 556 633 € Industry median: 9 774 €Q3 2026 Company: 518 827 € Industry median: 9 319 €Q3·26
  • Company
  • Industry median

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

Labour taxes per employee, € Q3 2026: 3 642 € · −28.3% vs Q2 2026 · industry median 2 036 € · above 74% of the industry
02 0004 0006 000Q4 2023 Company: 3 913 € Industry median: 1 629 €Q4·23Q1 2024 Company: 4 223 € Industry median: 1 764 €Q2 2024 Company: 4 055 € Industry median: 1 809 €Q2·24Q3 2024 Company: 3 932 € Industry median: 1 815 €Q4 2024 Company: 3 827 € Industry median: 1 862 €Q4·24Q1 2025 Company: 4 425 € Industry median: 1 900 €Q2 2025 Company: 4 562 € Industry median: 2 000 €Q2·25Q3 2025 Company: 1 914 € Industry median: 1 931 €Q4 2025 Company: 5 069 € Industry median: 2 120 €Q4·25Q1 2026 Company: 5 002 € Industry median: 1 990 €Q2 2026 Company: 5 084 € Industry median: 1 943 €Q2·26Q3 2026 Company: 3 642 € Industry median: 2 036 €Q3·2602 0004 0006 000Q4 2024 Company: 3 827 € Industry median: 1 862 €Q1 2025 Company: 4 425 € Industry median: 1 900 €Q1·25Q2 2025 Company: 4 562 € Industry median: 2 000 €Q3 2025 Company: 1 914 € Industry median: 1 931 €Q3·25Q4 2025 Company: 5 069 € Industry median: 2 120 €Q1 2026 Company: 5 002 € Industry median: 1 990 €Q1·26Q2 2026 Company: 5 084 € Industry median: 1 943 €Q3 2026 Company: 3 642 € Industry median: 2 036 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 17 · +0.0% vs Q2 2026
0510152025Q4 2023 Company: 22Q4·23Q1 2024 Company: 23Q2 2024 Company: 22Q2·24Q3 2024 Company: 21Q4 2024 Company: 22Q4·24Q1 2025 Company: 22Q2 2025 Company: 20Q2·25Q3 2025 Company: 19Q4 2025 Company: 18Q4·25Q1 2026 Company: 17Q2 2026 Company: 17Q2·26Q3 2026 Company: 17Q3·260510152025Q4 2024 Company: 22Q1 2025 Company: 22Q1·25Q2 2025 Company: 20Q3 2025 Company: 19Q3·25Q4 2025 Company: 18Q1 2026 Company: 17Q1·26Q2 2026 Company: 17Q3 2026 Company: 17Q3·26
State taxes, € thousand Q3 2026: 82 408 € · −11.3% vs Q2 2026
0255075100125Q4 2023 Company: 82 536 €Q4·23Q1 2024 Company: 112 651 €Q2 2024 Company: 85 019 €Q2·24Q3 2024 Company: 86 477 €Q4 2024 Company: 96 459 €Q4·24Q1 2025 Company: 112 456 €Q2 2025 Company: 98 062 €Q2·25Q3 2025 Company: 36 332 €Q4 2025 Company: 96 086 €Q4·25Q1 2026 Company: 97 248 €Q2 2026 Company: 92 944 €Q2·26Q3 2026 Company: 82 408 €Q3·260255075100125Q4 2024 Company: 96 459 €Q1 2025 Company: 112 456 €Q1·25Q2 2025 Company: 98 062 €Q3 2025 Company: 36 332 €Q3·25Q4 2025 Company: 96 086 €Q1 2026 Company: 97 248 €Q1·26Q2 2026 Company: 92 944 €Q3 2026 Company: 82 408 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 518 827 82 408 61 921 17
Q2 2026 556 633 92 944 86 420 17
Q1 2026 710 561 97 248 85 039 17
Q4 2025 667 328 96 086 91 243 18
Q3 2025 543 996 36 332 36 366 19
Q2 2025 590 030 98 062 91 231 20
Q1 2025 689 764 112 456 97 350 22
Q4 2024 764 235 96 459 84 184 22
Q3 2024 696 685 86 477 82 574 21
Q2 2024 601 640 85 019 89 205 22
Q1 2024 768 337 112 651 97 126 23
Q4 2023 721 091 82 536 86 077 22
Q3 2023 608 695 85 087 84 924 22
Q2 2023 668 028 94 121 85 949 22
Q1 2023 811 504 102 723 106 068 23
Q4 2022 712 006 91 155 93 028 47
Q3 2022 633 532 93 625 98 613 55
Q2 2022 683 533 92 518 101 506 69
Q1 2022 859 580 131 162 123 734 68
Labour taxes per employee per month
1 214 €
Turnover per employee in the quarter
30 519 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 2 412 437 € · −10.5% vs 2024 · industry median 5 175 € · above 98% of the industry
01 0002 0003 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 690 482 € Industry median: 7 908 €20192020 Company: 2 952 523 € Industry median: 6 940 €20202021 Company: 2 930 532 € Industry median: 6 116 €20212022 Company: 2 665 430 € Industry median: 8 375 €20222023 Company: 2 670 205 € Industry median: 7 880 €20232024 Company: 2 696 155 € Industry median: 5 831 €20242025 Company: 2 412 437 € Industry median: 5 175 €202501 0002 0003 0002018 Company: — Industry median: —2019 Company: 2 690 482 € Industry median: 7 908 €20192020 Company: 2 952 523 € Industry median: 6 940 €2021 Company: 2 930 532 € Industry median: 6 116 €20212022 Company: 2 665 430 € Industry median: 8 375 €2023 Company: 2 670 205 € Industry median: 7 880 €20232024 Company: 2 696 155 € Industry median: 5 831 €2025 Company: 2 412 437 € Industry median: 5 175 €2025
  • Company
  • Industry median

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

Net profit, € thousand 2025: -292 190 € · −395.4% vs 2024 · industry median 0 € · above 2% of the industry
-300-200-10001002002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -124 649 € Industry median: 399 €20192020 Company: 165 272 € Industry median: 143 €20202021 Company: 174 312 € Industry median: 88 €20212022 Company: 20 415 € Industry median: 5 €20222023 Company: 36 581 € Industry median: 0 €20232024 Company: 98 906 € Industry median: 0 €20242025 Company: -292 190 € Industry median: 0 €2025-300-200-10001002002018 Company: — Industry median: —2019 Company: -124 649 € Industry median: 399 €20192020 Company: 165 272 € Industry median: 143 €2021 Company: 174 312 € Industry median: 88 €20212022 Company: 20 415 € Industry median: 5 €2023 Company: 36 581 € Industry median: 0 €20232024 Company: 98 906 € Industry median: 0 €2025 Company: -292 190 € Industry median: 0 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: -12.1 % · −15.8 pp vs the year before · industry median 4.4 % · above 23% of the industry
-15-10-50510152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -4.6 % Industry median: 10.2 %20192020 Company: 5.6 % Industry median: 10.8 %20202021 Company: 5.9 % Industry median: 10.1 %20212022 Company: 0.8 % Industry median: 7.6 %20222023 Company: 1.4 % Industry median: 6.4 %20232024 Company: 3.7 % Industry median: 5.9 %20242025 Company: -12.1 % Industry median: 4.4 %2025-15-10-50510152018 Company: — Industry median: —2019 Company: -4.6 % Industry median: 10.2 %20192020 Company: 5.6 % Industry median: 10.8 %2021 Company: 5.9 % Industry median: 10.1 %20212022 Company: 0.8 % Industry median: 7.6 %2023 Company: 1.4 % Industry median: 6.4 %20232024 Company: 3.7 % Industry median: 5.9 %2025 Company: -12.1 % Industry median: 4.4 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 2 420 553 € · −6.1% vs 2024
01 0002 0003 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 2 063 047 €20192020 Company: 2 048 416 €20202021 Company: 2 200 892 €20212022 Company: 2 629 657 €20222023 Company: 2 650 175 €20232024 Company: 2 578 829 €20242025 Company: 2 420 553 €202501 0002 0003 0002018 Company: —2019 Company: 2 063 047 €20192020 Company: 2 048 416 €2021 Company: 2 200 892 €20212022 Company: 2 629 657 €2023 Company: 2 650 175 €20232024 Company: 2 578 829 €2025 Company: 2 420 553 €2025
Equity, € thousand 2025: 1 018 341 € · −30.3% vs 2024
05001 0001 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 132 346 €20192020 Company: 1 297 618 €20202021 Company: 1 471 929 €20212022 Company: 1 422 619 €20222023 Company: 1 459 200 €20232024 Company: 1 461 106 €20242025 Company: 1 018 341 €202505001 0001 5002018 Company: —2019 Company: 1 132 346 €20192020 Company: 1 297 618 €2021 Company: 1 471 929 €20212022 Company: 1 422 619 €2023 Company: 1 459 200 €20232024 Company: 1 461 106 €2025 Company: 1 018 341 €2025
Employees 2025: 20 · +0.0% vs 2024 · industry median 1 · above 98% of the industry
010203040502016 Company: 47 Industry median: —20162017 Company: 45 Industry median: —20172018 Company: 35 Industry median: 120182019 Company: 32 Industry median: 120192020 Company: 31 Industry median: 120202021 Company: 30 Industry median: 120212022 Company: 26 Industry median: 120222023 Company: 22 Industry median: 120232024 Company: 20 Industry median: 120242025 Company: 20 Industry median: 120250102030402018 Company: 35 Industry median: 12019 Company: 32 Industry median: 120192020 Company: 31 Industry median: 12021 Company: 30 Industry median: 120212022 Company: 26 Industry median: 12023 Company: 22 Industry median: 120232024 Company: 20 Industry median: 12025 Company: 20 Industry median: 12025
  • Company
  • Industry median

Industry: Publishing activities (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 2 412 437 -292 190 643 469 2 420 553 1 018 341 20
2024 2 696 155 98 906 636 137 2 578 829 1 461 106 20
2023 2 670 205 36 581 644 801 2 650 175 1 459 200 22
2022 2 665 430 20 415 775 810 2 629 657 1 422 619 26
2021 2 930 532 174 312 807 242 2 200 892 1 471 929 30
2020 2 952 523 165 272 793 898 2 048 416 1 297 618 31
2019 2 690 482 -124 649 795 151 2 063 047 1 132 346 32
2018 — — — — — 35
2017 — — — — — 45
2016 — — — — — 47
2015 — — — — — 48
2014 — — — — — 44
2013 — — — — — 43
2012 — — — — — 45
2011 — — — — — 49
2010 — — — — — 51
2009 — — — — — 51
2008 — — — — — 55
2007 — — — — — 55
2006 — — — — — 41
2005 — — — — — 38
2004 — — — — — 36
2003 — — — — — 31
2002 — — — — — 29
2001 — — — — — 26
2000 — — — — — 23
1998 — — — — — 14

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
-12.1 %
Net profit / revenue
Return on equity (ROE)
-28.7 %
Net profit / equity
Return on assets (ROA)
-12.1 %
Net profit / assets
Equity ratio
42.1 %
Equity / assets
Debt ratio
57.9 %
Liabilities / assets
Current ratio
1.38
Current assets / current liabilities
Revenue per employee
120 622 €
Revenue / average full-time employees
Labour cost per employee per month
2 681 €
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 26 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 28 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 27 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 28 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 11 Jun 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
6 353 000 € Osaühing Lavigo 21 May 2024 – in force
5 300 000 € osaühing GREIF 26 Sep 2023 – in force
1 2 000 000 EEK aktsiaselts Hansapank 4 Feb 2003 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Priit Maide
    Board member · since 19 Jan 2005
  • Pille Maide
    Board member · since 31 Aug 2020

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)

  • 58111Publishing of books, brochures and similar publications Main
Rulings
Number, date Title Deadline State Document
Ä 10029639 / 20
24 Mar 2026
Amendment under Code of Civil Procedure § 595¹ (1) In force
24 Mar 2026
PDF
K 10029639 / 19
21 May 2024
Commercial pledge entered In force
21 May 2024
PDF
K 10029639 / M7
14 May 2024
Procedural ruling 24 May 2024 Deficiencies eliminated
21 May 2024
PDF
K 10029639 / 18
14 May 2024
Commercial pledge amended In force
14 May 2024
PDF
K 10029639 / 17
29 Sep 2023
Commercial pledge deleted In force
29 Sep 2023
PDF
K 10029639 / 16
26 Sep 2023
Commercial pledge entered In force
26 Sep 2023
PDF
Ä 10029639 / 15
25 Apr 2021
Entry refused: deficiencies not eliminated In force
21 May 2021
PDF
Ä 10029639 / M6
12 Oct 2020
Ruling to eliminate deficiencies 11 Nov 2020 In force
12 Oct 2020
PDF
Ä 10029639 / 14
31 Aug 2020
Amendment entry In force
31 Aug 2020
PDF
Ä 10029639 / M5
25 Aug 2020
Ruling to eliminate deficiencies 24 Sep 2020 Deficiencies eliminated
31 Aug 2020
PDF
Ä 10029639 / 13
11 Jun 2020
Amendment entry In force
11 Jun 2020
PDF
Ä 10029639 / 12
13 May 2020
Amendment entry In force
13 May 2020
PDF
Ä 10029639 / 11
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10029639 / 10
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10029639 / 9
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10029639 / 8
31 Aug 2016
Amendment entry In force
31 Aug 2016
PDF
Ä 10029639 / 7
3 Feb 2012
Amendment entry In force
3 Feb 2012
PDF
Ä 10029639 / M4
14 Dec 2011
Ruling to eliminate deficiencies In force
14 Dec 2011
PDF
Ä 29639 / 6
3 Dec 2008
Deletion of activities from the registry card In force
10 Dec 2008
PDF
K 70380 / 7
2 Jul 2008
Commercial pledge entered In force
2 Jul 2008
PDF
Ä 29639 / 5
27 Jun 2008
Second (constitutive) merger entry In force
30 Jun 2008
PDF
K 70380 / 6
26 Oct 2007
Commercial pledge entered In force
26 Oct 2007
PDF
K 70380 / 5
10 May 2007
Commercial pledge entered In force
10 May 2007
PDF
K 70380 / 4
1 Nov 2005
Commercial pledge amended In force PDF
Ä 29639 / 4
19 Jan 2005
Amendment entry In force PDF
K 70380 / 3
19 Jan 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
Ä 29639 / M3
4 Jan 2005
Ruling to eliminate deficiencies (to be served) In force PDF
K 70380 / 2
9 May 2003
Commercial pledge amended In force PDF
K 70380
4 Feb 2003
Commercial pledge entered In force PDF
Ä 29639 / 3
10 Jan 2003
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