AS Eesti Liinirongid

Active Registry code 10520953 AS Tallinn Registered 22 Dec 1998
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AS Eesti Liinirongid is a AS based in Tallinn, registry code 10520953, status: active. Main activity: Passenger heavy rail transport. According to EMTA, turnover for Q3 2026 was €9 786 593 with 391 employees.

Turnover
9 786 593 €
↑ 3.9% vs Q2 2026
State taxes
1 589 037 €
↑ 381.6% vs Q2 2026
Labour taxes
1 676 943 €
↑ 1.9% vs Q2 2026
Employees
391
−11 vs Q2 2026

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

Position in the industry Land transport and transport via pipelines · EMTAK 49

  • Turnover · Q3 2026 9.8 mn €
    industry median 29 505 € · companies in the industry: 3 554
  • Labour taxes per employee 4 289 €
    industry median 1 179 € · companies in the industry: 3 134
  • Revenue · 2025 22.1 mn €
    industry median 32 212 € · companies in the industry: 5 896
  • Net profit margin · 2025 -9.9 %
    industry median 2.8 % · companies in the industry: 4 877

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 9 786 593 € · +3.9% vs Q2 2026 · industry median 29 505 € · above 98% of the industry
02 5005 0007 50010 00012 500Q4 2023 Company: 6 310 525 € Industry median: 28 097 €Q4·23Q1 2024 Company: 5 874 940 € Industry median: 21 794 €Q2 2024 Company: 11 318 809 € Industry median: 26 442 €Q2·24Q3 2024 Company: 10 236 034 € Industry median: 27 160 €Q4 2024 Company: 8 221 655 € Industry median: 26 706 €Q4·24Q1 2025 Company: 7 578 006 € Industry median: 21 631 €Q2 2025 Company: 7 414 928 € Industry median: 25 269 €Q2·25Q3 2025 Company: 6 278 663 € Industry median: 26 730 €Q4 2025 Company: 6 951 460 € Industry median: 28 911 €Q4·25Q1 2026 Company: 6 024 183 € Industry median: 22 939 €Q2 2026 Company: 9 416 271 € Industry median: 29 392 €Q2·26Q3 2026 Company: 9 786 593 € Industry median: 29 505 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 8 221 655 € Industry median: 26 706 €Q1 2025 Company: 7 578 006 € Industry median: 21 631 €Q1·25Q2 2025 Company: 7 414 928 € Industry median: 25 269 €Q3 2025 Company: 6 278 663 € Industry median: 26 730 €Q3·25Q4 2025 Company: 6 951 460 € Industry median: 28 911 €Q1 2026 Company: 6 024 183 € Industry median: 22 939 €Q1·26Q2 2026 Company: 9 416 271 € Industry median: 29 392 €Q3 2026 Company: 9 786 593 € Industry median: 29 505 €Q3·26
  • Company
  • Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 289 € · +4.8% vs Q2 2026 · industry median 1 179 € · above 98% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 164 € Industry median: 998 €Q4·23Q1 2024 Company: 3 352 € Industry median: 990 €Q2 2024 Company: 3 346 € Industry median: 1 010 €Q2·24Q3 2024 Company: 3 615 € Industry median: 1 053 €Q4 2024 Company: 3 743 € Industry median: 1 066 €Q4·24Q1 2025 Company: 3 771 € Industry median: 1 085 €Q2 2025 Company: 3 774 € Industry median: 1 126 €Q2·25Q3 2025 Company: 3 811 € Industry median: 1 129 €Q4 2025 Company: 3 614 € Industry median: 1 133 €Q4·25Q1 2026 Company: 3 873 € Industry median: 1 106 €Q2 2026 Company: 4 092 € Industry median: 1 123 €Q2·26Q3 2026 Company: 4 289 € Industry median: 1 179 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 3 743 € Industry median: 1 066 €Q1 2025 Company: 3 771 € Industry median: 1 085 €Q1·25Q2 2025 Company: 3 774 € Industry median: 1 126 €Q3 2025 Company: 3 811 € Industry median: 1 129 €Q3·25Q4 2025 Company: 3 614 € Industry median: 1 133 €Q1 2026 Company: 3 873 € Industry median: 1 106 €Q1·26Q2 2026 Company: 4 092 € Industry median: 1 123 €Q3 2026 Company: 4 289 € Industry median: 1 179 €Q3·26
  • Company
  • Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 391 · −2.7% vs Q2 2026
0100200300400500Q4 2023 Company: 356Q4·23Q1 2024 Company: 351Q2 2024 Company: 362Q2·24Q3 2024 Company: 363Q4 2024 Company: 352Q4·24Q1 2025 Company: 344Q2 2025 Company: 363Q2·25Q3 2025 Company: 375Q4 2025 Company: 410Q4·25Q1 2026 Company: 405Q2 2026 Company: 402Q2·26Q3 2026 Company: 391Q3·260100200300400500Q4 2024 Company: 352Q1 2025 Company: 344Q1·25Q2 2025 Company: 363Q3 2025 Company: 375Q3·25Q4 2025 Company: 410Q1 2026 Company: 405Q1·26Q2 2026 Company: 402Q3 2026 Company: 391Q3·26
State taxes, € thousand Q3 2026: 1 589 037 € · +381.6% vs Q2 2026
05001 0001 5002 000Q4 2023 Company: 1 068 691 €Q4·23Q1 2024 Company: 724 932 €Q2 2024 Company: 341 108 €Q2·24Q3 2024 Company: 274 678 €Q4 2024 Company: 186 755 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 329 949 €Q2·26Q3 2026 Company: 1 589 037 €Q3·2605001 0001 5002 000Q4 2024 Company: 186 755 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 329 949 €Q3 2026 Company: 1 589 037 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 9 786 593 1 589 037 1 676 943 391
Q2 2026 9 416 271 329 949 1 645 028 402
Q1 2026 6 024 183 — 1 568 566 405
Q4 2025 6 951 460 — 1 481 758 410
Q3 2025 6 278 663 — 1 429 141 375
Q2 2025 7 414 928 — 1 370 047 363
Q1 2025 7 578 006 — 1 297 385 344
Q4 2024 8 221 655 186 755 1 317 493 352
Q3 2024 10 236 034 274 678 1 312 141 363
Q2 2024 11 318 809 341 108 1 211 286 362
Q1 2024 5 874 940 724 932 1 176 434 351
Q4 2023 6 310 525 1 068 691 1 126 434 356
Q3 2023 6 226 377 1 111 935 1 163 990 336
Q2 2023 6 011 707 1 020 420 1 080 624 342
Q1 2023 5 496 188 312 361 962 555 322
Q4 2022 5 535 098 884 630 929 035 316
Q3 2022 6 127 113 926 799 977 904 312
Q2 2022 5 696 008 122 843 873 418 315
Q1 2022 4 170 918 808 772 855 172 321
Labour taxes per employee per month
1 430 €
Turnover per employee in the quarter
25 030 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 22 093 193 € · −3.0% vs 2024 · industry median 32 212 € · above 98% of the industry
05 00010 00015 00020 00025 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 18 577 408 € Industry median: 46 993 €20192020 Company: 13 729 704 € Industry median: 38 198 €20202021 Company: 14 208 133 € Industry median: 39 390 €20212022 Company: 20 074 508 € Industry median: 40 789 €20222023 Company: 21 814 431 € Industry median: 34 146 €20232024 Company: 22 767 406 € Industry median: 31 666 €20242025 Company: 22 093 193 € Industry median: 32 212 €202505 00010 00015 00020 00025 0002018 Company: — Industry median: —2019 Company: 18 577 408 € Industry median: 46 993 €20192020 Company: 13 729 704 € Industry median: 38 198 €2021 Company: 14 208 133 € Industry median: 39 390 €20212022 Company: 20 074 508 € Industry median: 40 789 €2023 Company: 21 814 431 € Industry median: 34 146 €20232024 Company: 22 767 406 € Industry median: 31 666 €2025 Company: 22 093 193 € Industry median: 32 212 €2025
  • Company
  • Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -2 188 183 € · +52.9% vs 2024 · industry median 421 € · above 2% of the industry
-6 000-4 000-2 00002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -5 171 712 € Industry median: 743 €20192020 Company: -5 424 118 € Industry median: 476 €20202021 Company: -5 301 900 € Industry median: 838 €20212022 Company: -4 843 818 € Industry median: 761 €20222023 Company: -4 291 143 € Industry median: 223 €20232024 Company: -4 648 178 € Industry median: 212 €20242025 Company: -2 188 183 € Industry median: 421 €2025-6 000-4 000-2 00002 0002018 Company: — Industry median: —2019 Company: -5 171 712 € Industry median: 743 €20192020 Company: -5 424 118 € Industry median: 476 €2021 Company: -5 301 900 € Industry median: 838 €20212022 Company: -4 843 818 € Industry median: 761 €2023 Company: -4 291 143 € Industry median: 223 €20232024 Company: -4 648 178 € Industry median: 212 €2025 Company: -2 188 183 € Industry median: 421 €2025
  • Company
  • Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -9.9 % · +10.5 pp vs the year before · industry median 2.8 % · above 15% of the industry
-40-30-20-100102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -27.8 % Industry median: 3.1 %20192020 Company: -39.5 % Industry median: 3.4 %20202021 Company: -37.3 % Industry median: 4.2 %20212022 Company: -24.1 % Industry median: 4.2 %20222023 Company: -19.7 % Industry median: 2.7 %20232024 Company: -20.4 % Industry median: 2.3 %20242025 Company: -9.9 % Industry median: 2.8 %2025-40-30-20-100102018 Company: — Industry median: —2019 Company: -27.8 % Industry median: 3.1 %20192020 Company: -39.5 % Industry median: 3.4 %2021 Company: -37.3 % Industry median: 4.2 %20212022 Company: -24.1 % Industry median: 4.2 %2023 Company: -19.7 % Industry median: 2.7 %20232024 Company: -20.4 % Industry median: 2.3 %2025 Company: -9.9 % Industry median: 2.8 %2025
  • Company
  • Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, mn € 2025: 250 992 828 € · +13.8% vs 2024
01002003002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 224 419 140 €20192020 Company: 213 557 568 €20202021 Company: 214 576 080 €20212022 Company: 220 353 787 €20222023 Company: 214 955 201 €20232024 Company: 220 484 816 €20242025 Company: 250 992 828 €202501002003002018 Company: —2019 Company: 224 419 140 €20192020 Company: 213 557 568 €2021 Company: 214 576 080 €20212022 Company: 220 353 787 €2023 Company: 214 955 201 €20232024 Company: 220 484 816 €2025 Company: 250 992 828 €2025
Equity, mn € 2025: 125 360 356 € · −1.7% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 153 877 136 €20192020 Company: 146 633 578 €20202021 Company: 141 331 678 €20212022 Company: 136 487 860 €20222023 Company: 132 196 717 €20232024 Company: 127 548 539 €20242025 Company: 125 360 356 €20250501001502002018 Company: —2019 Company: 153 877 136 €20192020 Company: 146 633 578 €2021 Company: 141 331 678 €20212022 Company: 136 487 860 €2023 Company: 132 196 717 €20232024 Company: 127 548 539 €2025 Company: 125 360 356 €2025
Employees 2025: 393 · +13.9% vs 2024 · industry median 1 · above 98% of the industry
01002003004002016 Company: 310 Industry median: —20162017 Company: 315 Industry median: —20172018 Company: 319 Industry median: 220182019 Company: 319 Industry median: 220192020 Company: 316 Industry median: 220202021 Company: 312 Industry median: 220212022 Company: 318 Industry median: 220222023 Company: 336 Industry median: 120232024 Company: 345 Industry median: 120242025 Company: 393 Industry median: 1202501002003004002018 Company: 319 Industry median: 22019 Company: 319 Industry median: 220192020 Company: 316 Industry median: 22021 Company: 312 Industry median: 220212022 Company: 318 Industry median: 22023 Company: 336 Industry median: 120232024 Company: 345 Industry median: 12025 Company: 393 Industry median: 12025
  • Company
  • Industry median

Industry: Land transport and transport via pipelines (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 22 093 193 -2 188 183 13 679 830 250 992 828 125 360 356 393
2024 22 767 406 -4 648 178 12 429 276 220 484 816 127 548 539 345
2023 21 814 431 -4 291 143 11 072 704 214 955 201 132 196 717 336
2022 20 074 508 -4 843 818 9 182 683 220 353 787 136 487 860 318
2021 14 208 133 -5 301 900 8 347 149 214 576 080 141 331 678 312
2020 13 729 704 -5 424 118 8 430 421 213 557 568 146 633 578 316
2019 18 577 408 -5 171 712 8 407 716 224 419 140 153 877 136 319
2018 — — — — — 319
2017 — — — — — 315
2016 — — — — — 310
2015 — — — — — 304
2014 — — — — — 282
2013 — — — — — 157
2012 — — — — — 165
2011 — — — — — 158
2010 — — — — — 149
2009 — — — — — 155
2008 — — — — — 167
2007 — — — — — 166
2006 — — — — — 152
2005 — — — — — 144
2004 — — — — — 155
2003 — — — — — 201
2002 — — — — — 211
2001 — — — — — 215
2000 — — — — — 245
1999 — — — — — 250

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
-9.9 %
Net profit / revenue
Return on equity (ROE)
-1.7 %
Net profit / equity
Return on assets (ROA)
-0.9 %
Net profit / assets
Equity ratio
49.9 %
Equity / assets
Debt ratio
50.1 %
Liabilities / assets
Current ratio
1.67
Current assets / current liabilities
Revenue per employee
56 217 €
Revenue / average full-time employees
Labour cost per employee per month
2 901 €
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 17 Apr 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 5 May 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 17 Apr 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 22 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Apr 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 7 May 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 13 May 2020 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Lauri Betlem
    Board member · since 6 Sep 2021
  • Märt Ehrenpreis
    Board member · since 27 Apr 2023

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)

  • 49111Passenger heavy rail transport Main
Rulings
Number, date Title Deadline State Document
Ä 10036617 / 36
20 Oct 2026
Amendment entry In force
20 Oct 2026
PDF
Ä 10036617 / M12
25 Sep 2026
Ruling to correct data outside an entry 9 Oct 2026 Deficiencies eliminated
6 Oct 2026
PDF
Ä 10036617 / M11
5 Jan 2026
Ruling to correct data outside an entry 19 Jan 2026 Deficiencies eliminated
8 Jan 2026
PDF
Ä 10036617 / 35
27 Apr 2023
Amendment entry In force
27 Apr 2023
PDF
Ä 10036617 / 34
7 Jun 2022
Amendment entry In force
7 Jun 2022
PDF
Ä 10036617 / 33
10 Sep 2021
Amendment entry In force
10 Sep 2021
PDF
Ä 10036617 / 32
6 Sep 2021
Amendment entry In force
6 Sep 2021
PDF
Ä 10036617 / M10
1 Sep 2021
Ruling to eliminate deficiencies 1 Oct 2021 Deficiencies eliminated
3 Sep 2021
PDF
Ä 10036617 / 31
6 Apr 2021
Amendment entry In force
6 Apr 2021
PDF
Ä 10036617 / 30
7 Jan 2019
Amendment entry In force
7 Jan 2019
PDF
Ä 10036617 / 29
20 Dec 2018
Amendment entry In force
20 Dec 2018
PDF
Ä 10036617 / 28
25 Sep 2018
Amendment entry In force
25 Sep 2018
PDF
Ä 10036617 / M9
17 Sep 2018
Ruling to eliminate deficiencies 2 Oct 2018 Deficiencies eliminated
18 Sep 2018
PDF
Ä 10036617 / M8
22 Jan 2018
Ruling to eliminate deficiencies 6 Feb 2018 Deficiencies eliminated
22 Jan 2018
PDF
Ä 10036617 / 27
22 Jan 2018
Amendment entry In force
22 Jan 2018
PDF
Ä 10036617 / 26
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10036617 / 25
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10036617 / 24
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10036617 / M7
28 Dec 2016
Refund of the state fee In force
28 Dec 2016
PDF
Ä 10036617 / 23
9 Jun 2015
Amendment entry In force
9 Jun 2015
PDF
Ä 10036617 / 22
4 Jun 2014
Amendment entry In force
4 Jun 2014
PDF
Ä 10036617 / 21
27 Sep 2013
Amendment entry In force
27 Sep 2013
PDF
Ä 10036617 / M6
28 Aug 2013
Ruling to eliminate deficiencies 27 Sep 2013 Deficiencies eliminated
27 Sep 2013
PDF
Ä 10036617 / 20
11 Apr 2013
Amendment entry In force
11 Apr 2013
PDF
Ä 10036617 / 19
17 Jan 2013
Amendment entry In force
17 Jan 2013
PDF
Ä 10036617 / 18
14 Jan 2013
Amendment entry In force
14 Jan 2013
PDF
Ä 10036617 / M5
10 Jan 2013
Ruling to eliminate deficiencies 18 Jan 2013 Deficiencies eliminated
14 Jan 2013
PDF
Ä 10036617 / 17
17 May 2011
Amendment entry In force
17 May 2011
PDF
Ä 10036617 / M4
16 May 2011
Ruling to eliminate deficiencies In force
16 May 2011
PDF
Ä 10036617 / 16
29 Jun 2010
Amendment entry In force
29 Jun 2010
PDF
Ä 10036617 / 15
27 Apr 2010
Amendment entry In force
27 Apr 2010
PDF
Ä 10036617 / M3
20 Apr 2010
Ruling to eliminate deficiencies 17 May 2010 In force
20 Apr 2010
PDF
Ä 36617 / 14
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
Ä 36617 / 13
26 Oct 2007
Amendment entry In force
26 Oct 2007
PDF
Ä 36617 / 12
30 May 2007
Amendment entry In force
31 May 2007
PDF
Ä 36617 / M2
23 Nov 2005
Ruling to be served In force PDF
Ä 36617 / 11
16 Feb 2004
Amendment entry In force PDF
Ä 36617 / 10
23 Jan 2004
Amendment entry In force PDF
Ä 36617 / 9
28 Nov 2003
Amendment entry In force PDF
Ä 36617 / 8
30 Jan 2003
Published amendment entry In force PDF
Ä 36617 / 7
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