AS Eesti Ettevõtluskõrgkool Mainor

Active Registry code 10588537 AS Tallinn Registered 25 Oct 1999
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AS Eesti Ettevõtluskõrgkool Mainor is a AS based in Tallinn, registry code 10588537, status: active. Main activity: Professional higher education institutions. According to EMTA, turnover for Q3 2026 was €83 975 with 88 employees.

Turnover
83 975 €
↑ 67.8% vs Q2 2026
State taxes
277 300 €
↑ 7.2% vs Q2 2026
Labour taxes
278 325 €
↑ 3.0% vs Q2 2026
Employees
88
+24 vs Q2 2026

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

Position in the industry Education · EMTAK 85

  • Turnover · Q3 2026 83 975 €
    industry median 8 170 € · companies in the industry: 1 274
  • Labour taxes per employee 3 163 €
    industry median 1 198 € · companies in the industry: 2 039
  • Revenue · 2025 4.5 mn €
    industry median 2 265 € · companies in the industry: 7 180
  • Net profit margin · 2025 0.1 %
    industry median 6.7 % · companies in the industry: 5 232

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 83 975 € · +67.8% vs Q2 2026 · industry median 8 170 € · above 91% of the industry
050100150200250Q4 2023 Company: 86 181 € Industry median: 12 167 €Q4·23Q1 2024 Company: 221 954 € Industry median: 11 214 €Q2 2024 Company: 146 297 € Industry median: 10 708 €Q2·24Q3 2024 Company: 141 517 € Industry median: 7 966 €Q4 2024 Company: 79 972 € Industry median: 11 391 €Q4·24Q1 2025 Company: 103 739 € Industry median: 10 724 €Q2 2025 Company: 118 970 € Industry median: 11 590 €Q2·25Q3 2025 Company: 107 670 € Industry median: 9 084 €Q4 2025 Company: 142 270 € Industry median: 10 603 €Q4·25Q1 2026 Company: 123 872 € Industry median: 10 589 €Q2 2026 Company: 50 051 € Industry median: 11 116 €Q2·26Q3 2026 Company: 83 975 € Industry median: 8 170 €Q3·26050100150Q4 2024 Company: 79 972 € Industry median: 11 391 €Q1 2025 Company: 103 739 € Industry median: 10 724 €Q1·25Q2 2025 Company: 118 970 € Industry median: 11 590 €Q3 2025 Company: 107 670 € Industry median: 9 084 €Q3·25Q4 2025 Company: 142 270 € Industry median: 10 603 €Q1 2026 Company: 123 872 € Industry median: 10 589 €Q1·26Q2 2026 Company: 50 051 € Industry median: 11 116 €Q3 2026 Company: 83 975 € Industry median: 8 170 €Q3·26
  • Company
  • Industry median

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

Labour taxes per employee, € Q3 2026: 3 163 € · −25.1% vs Q2 2026 · industry median 1 198 € · above 87% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 236 € Industry median: 1 011 €Q4·23Q1 2024 Company: 2 535 € Industry median: 1 061 €Q2 2024 Company: 3 521 € Industry median: 1 198 €Q2·24Q3 2024 Company: 2 802 € Industry median: 1 056 €Q4 2024 Company: 3 157 € Industry median: 1 051 €Q4·24Q1 2025 Company: 2 434 € Industry median: 1 132 €Q2 2025 Company: 3 932 € Industry median: 1 260 €Q2·25Q3 2025 Company: 3 096 € Industry median: 1 134 €Q4 2025 Company: 2 822 € Industry median: 1 126 €Q4·25Q1 2026 Company: 2 635 € Industry median: 1 116 €Q2 2026 Company: 4 221 € Industry median: 1 179 €Q2·26Q3 2026 Company: 3 163 € Industry median: 1 198 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 3 157 € Industry median: 1 051 €Q1 2025 Company: 2 434 € Industry median: 1 132 €Q1·25Q2 2025 Company: 3 932 € Industry median: 1 260 €Q3 2025 Company: 3 096 € Industry median: 1 134 €Q3·25Q4 2025 Company: 2 822 € Industry median: 1 126 €Q1 2026 Company: 2 635 € Industry median: 1 116 €Q1·26Q2 2026 Company: 4 221 € Industry median: 1 179 €Q3 2026 Company: 3 163 € Industry median: 1 198 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 88 · +37.5% vs Q2 2026
0255075100125Q4 2023 Company: 73Q4·23Q1 2024 Company: 96Q2 2024 Company: 71Q2·24Q3 2024 Company: 94Q4 2024 Company: 76Q4·24Q1 2025 Company: 102Q2 2025 Company: 67Q2·25Q3 2025 Company: 91Q4 2025 Company: 86Q4·25Q1 2026 Company: 94Q2 2026 Company: 64Q2·26Q3 2026 Company: 88Q3·260255075100125Q4 2024 Company: 76Q1 2025 Company: 102Q1·25Q2 2025 Company: 67Q3 2025 Company: 91Q3·25Q4 2025 Company: 86Q1 2026 Company: 94Q1·26Q2 2026 Company: 64Q3 2026 Company: 88Q3·26
State taxes, € thousand Q3 2026: 277 300 € · +7.2% vs Q2 2026
0100200300Q4 2023 Company: 222 858 €Q4·23Q1 2024 Company: 246 726 €Q2 2024 Company: 241 110 €Q2·24Q3 2024 Company: 257 537 €Q4 2024 Company: 239 422 €Q4·24Q1 2025 Company: 250 604 €Q2 2025 Company: 265 970 €Q2·25Q3 2025 Company: 286 162 €Q4 2025 Company: 256 235 €Q4·25Q1 2026 Company: 257 801 €Q2 2026 Company: 258 688 €Q2·26Q3 2026 Company: 277 300 €Q3·260100200300Q4 2024 Company: 239 422 €Q1 2025 Company: 250 604 €Q1·25Q2 2025 Company: 265 970 €Q3 2025 Company: 286 162 €Q3·25Q4 2025 Company: 256 235 €Q1 2026 Company: 257 801 €Q1·26Q2 2026 Company: 258 688 €Q3 2026 Company: 277 300 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 83 975 277 300 278 325 88
Q2 2026 50 051 258 688 270 140 64
Q1 2026 123 872 257 801 247 725 94
Q4 2025 142 270 256 235 242 685 86
Q3 2025 107 670 286 162 281 694 91
Q2 2025 118 970 265 970 263 451 67
Q1 2025 103 739 250 604 248 259 102
Q4 2024 79 972 239 422 239 948 76
Q3 2024 141 517 257 537 263 351 94
Q2 2024 146 297 241 110 249 982 71
Q1 2024 221 954 246 726 243 397 96
Q4 2023 86 181 222 858 236 207 73
Q3 2023 123 643 267 715 283 515 94
Q2 2023 111 831 236 448 249 884 79
Q1 2023 153 895 235 053 242 965 112
Q4 2022 86 461 229 169 228 936 92
Q3 2022 96 223 229 449 243 540 102
Q2 2022 116 729 219 932 230 267 77
Q1 2022 86 992 211 203 225 934 118
Labour taxes per employee per month
1 054 €
Turnover per employee in the quarter
954 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 4 520 401 € · −1.3% vs 2024 · industry median 2 265 € · above 98% of the industry
01 0002 0003 0004 0005 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4 250 881 € Industry median: 1 150 €20192020 Company: 4 873 870 € Industry median: 1 020 €20202021 Company: 4 866 583 € Industry median: 1 251 €20212022 Company: 4 480 768 € Industry median: 1 727 €20222023 Company: 4 352 014 € Industry median: 1 800 €20232024 Company: 4 578 541 € Industry median: 2 003 €20242025 Company: 4 520 401 € Industry median: 2 265 €202501 0002 0003 0004 0005 0002018 Company: — Industry median: —2019 Company: 4 250 881 € Industry median: 1 150 €20192020 Company: 4 873 870 € Industry median: 1 020 €2021 Company: 4 866 583 € Industry median: 1 251 €20212022 Company: 4 480 768 € Industry median: 1 727 €2023 Company: 4 352 014 € Industry median: 1 800 €20232024 Company: 4 578 541 € Industry median: 2 003 €2025 Company: 4 520 401 € Industry median: 2 265 €2025
  • Company
  • Industry median

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

Net profit, € thousand 2025: 5 103 € · +103.8% vs 2024 · industry median 136 € · above 81% of the industry
-400-20002004006002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 169 352 € Industry median: 259 €20192020 Company: 519 113 € Industry median: 228 €20202021 Company: 187 562 € Industry median: 207 €20212022 Company: -242 617 € Industry median: 93 €20222023 Company: -250 268 € Industry median: 179 €20232024 Company: -133 932 € Industry median: 102 €20242025 Company: 5 103 € Industry median: 136 €2025-400-20002004006002018 Company: — Industry median: —2019 Company: 169 352 € Industry median: 259 €20192020 Company: 519 113 € Industry median: 228 €2021 Company: 187 562 € Industry median: 207 €20212022 Company: -242 617 € Industry median: 93 €2023 Company: -250 268 € Industry median: 179 €20232024 Company: -133 932 € Industry median: 102 €2025 Company: 5 103 € Industry median: 136 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 0.1 % · +3.0 pp vs the year before · industry median 6.7 % · above 34% of the industry
-10-50510152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4.0 % Industry median: 8.1 %20192020 Company: 10.7 % Industry median: 9.7 %20202021 Company: 3.9 % Industry median: 9.8 %20212022 Company: -5.4 % Industry median: 6.8 %20222023 Company: -5.8 % Industry median: 7.5 %20232024 Company: -2.9 % Industry median: 7.1 %20242025 Company: 0.1 % Industry median: 6.7 %2025-10-50510152018 Company: — Industry median: —2019 Company: 4.0 % Industry median: 8.1 %20192020 Company: 10.7 % Industry median: 9.7 %2021 Company: 3.9 % Industry median: 9.8 %20212022 Company: -5.4 % Industry median: 6.8 %2023 Company: -5.8 % Industry median: 7.5 %20232024 Company: -2.9 % Industry median: 7.1 %2025 Company: 0.1 % Industry median: 6.7 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 3 536 883 € · +3.3% vs 2024
01 0002 0003 0004 0005 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 3 207 761 €20192020 Company: 3 607 349 €20202021 Company: 4 161 128 €20212022 Company: 3 757 791 €20222023 Company: 3 347 200 €20232024 Company: 3 422 558 €20242025 Company: 3 536 883 €202501 0002 0003 0004 0005 0002018 Company: —2019 Company: 3 207 761 €20192020 Company: 3 607 349 €2021 Company: 4 161 128 €20212022 Company: 3 757 791 €2023 Company: 3 347 200 €20232024 Company: 3 422 558 €2025 Company: 3 536 883 €2025
Equity, € thousand 2025: 971 886 € · +0.5% vs 2024
05001 0001 5002 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 886 925 €20192020 Company: 1 406 038 €20202021 Company: 1 593 600 €20212022 Company: 1 350 983 €20222023 Company: 1 100 715 €20232024 Company: 966 783 €20242025 Company: 971 886 €202505001 0001 5002 0002018 Company: —2019 Company: 886 925 €20192020 Company: 1 406 038 €2021 Company: 1 593 600 €20212022 Company: 1 350 983 €2023 Company: 1 100 715 €20232024 Company: 966 783 €2025 Company: 971 886 €2025
Employees 2025: 51 · −12.1% vs 2024 · industry median 1 · above 98% of the industry
02040602016 Company: 42 Industry median: —20162017 Company: 43 Industry median: —20172018 Company: 50 Industry median: 120182019 Company: 54 Industry median: 120192020 Company: 57 Industry median: 120202021 Company: 59 Industry median: 120212022 Company: 59 Industry median: 120222023 Company: 54 Industry median: 120232024 Company: 58 Industry median: 120242025 Company: 51 Industry median: 1202502040602018 Company: 50 Industry median: 12019 Company: 54 Industry median: 120192020 Company: 57 Industry median: 12021 Company: 59 Industry median: 120212022 Company: 59 Industry median: 12023 Company: 54 Industry median: 120232024 Company: 58 Industry median: 12025 Company: 51 Industry median: 12025
  • Company
  • Industry median

Industry: Education (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 4 520 401 5 103 2 422 549 3 536 883 971 886 51
2024 4 578 541 -133 932 2 378 287 3 422 558 966 783 58
2023 4 352 014 -250 268 2 363 853 3 347 200 1 100 715 54
2022 4 480 768 -242 617 2 227 022 3 757 791 1 350 983 59
2021 4 866 583 187 562 2 266 086 4 161 128 1 593 600 59
2020 4 873 870 519 113 2 170 187 3 607 349 1 406 038 57
2019 4 250 881 169 352 1 960 171 3 207 761 886 925 54
2018 — — — — — 50
2017 — — — — — 43
2016 — — — — — 42
2015 — — — — — 46
2014 — — — — — 65
2013 — — — — — 67
2012 — — — — — 73
2011 — — — — — 113
2009 — — — — — 123
2007 — — — — — 146
2006 — — — — — 97
2005 — — — — — 81
2004 — — — — — 61
2003 — — — — — 52
2002 — — — — — 55
2001 — — — — — 80

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
0.1 %
Net profit / revenue
Return on equity (ROE)
0.5 %
Net profit / equity
Return on assets (ROA)
0.1 %
Net profit / assets
Equity ratio
27.5 %
Equity / assets
Debt ratio
72.5 %
Liabilities / assets
Current ratio
1.07
Current assets / current liabilities
Revenue per employee
88 635 €
Revenue / average full-time employees
Labour cost per employee per month
3 958 €
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 24 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 13 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 14 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 16 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 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
3 264 309 € AS SEB Pank 2 Feb 2011 – in force
2 1 500 000 EEK Aktsiaselts SEB Eesti Ühispank 26 Apr 2006 – in force
1 2 000 000 EEK Aktsiaselts Eesti Ühispank 19 Jun 2002 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Ly Hõbe
    Board member · since 17 Dec 2021
  • Andrus Pedai
    Board member · since 1 Sep 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)

  • 85401Professional higher education institutions Main
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
Ä 10042946 / M17
6 Apr 2026
Ruling to correct data outside an entry 20 Apr 2026 Deficiencies eliminated
7 Apr 2026
PDF
Ä 10042946 / 42
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10042946 / 41
17 Dec 2021
Amendment entry In force
17 Dec 2021
PDF
Ä 10042946 / M16
7 Jan 2021
Ruling to correct data outside an entry 6 Feb 2021 Deficiencies eliminated
13 Jan 2021
PDF
Ä 10042946 / M15
19 May 2020
Ruling to correct data outside an entry 8 Jun 2020 Deficiencies eliminated
5 Jun 2020
PDF
Ä 10042946 / 40
13 Jan 2020
Amendment entry In force
13 Jan 2020
PDF
Ä 10042946 / 39
13 Sep 2018
Amendment entry In force
13 Sep 2018
PDF
Ä 10042946 / 38
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10042946 / 37
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10042946 / 36
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10042946 / 35
15 Sep 2016
Amendment entry In force
15 Sep 2016
PDF
Ä 10042946 / 34
26 Aug 2015
Amendment entry In force
26 Aug 2015
PDF
Ä 10042946 / 33
3 Aug 2015
Amendment entry In force
3 Aug 2015
PDF
Ä 10042946 / 32
1 Jun 2015
Amendment entry In force
1 Jun 2015
PDF
Ä 10042946 / M14
19 May 2015
Ruling to eliminate deficiencies 18 Jun 2015 Deficiencies eliminated
1 Jun 2015
PDF
Ä 10042946 / 31
24 Apr 2015
Second (constitutive) merger entry In force
24 Apr 2015
PDF
Ä 10042946 / 30
26 Jan 2015
Amendment entry In force
26 Jan 2015
PDF
Ä 10042946 / 29
21 Jan 2013
Amendment entry In force
21 Jan 2013
PDF
Ä 10042946 / M13
2 Jan 2013
Ruling to eliminate deficiencies 4 Mar 2013 In force
2 Jan 2013
PDF
Ä 10042946 / 28
2 Feb 2012
Amendment entry In force
2 Feb 2012
PDF
Ä 10042946 / 27
15 Dec 2011
Amendment entry In force
15 Dec 2011
PDF
Ä 10042946 / 26
7 Jul 2011
Amendment entry In force
7 Jul 2011
PDF
K 10065960 / 3
2 Feb 2011
Commercial pledge entered In force
2 Feb 2011
PDF
Ä 10042946 / 25
9 Nov 2010
Amendment entry In force
9 Nov 2010
PDF
Ä 10042946 / M12
8 Nov 2010
Ruling to eliminate deficiencies 10 Dec 2010 In force
8 Nov 2010
PDF
Ä 10042946 / 24
25 Oct 2010
Entry refused: deficiencies not eliminated In force
26 Oct 2010
PDF
Ä 10042946 / M11
3 Sep 2010
Ruling to eliminate deficiencies 30 Sep 2010 In force
3 Sep 2010
PDF
Ä 10042946 / 23
5 Apr 2010
Amendment entry In force
5 Apr 2010
PDF
Ä 10042946 / M10
1 Apr 2010
Ruling to eliminate deficiencies 30 Apr 2010 In force
1 Apr 2010
PDF
Ä 42946 / 22
24 Aug 2009
Amendment entry In force
24 Aug 2009
PDF
Ä 42946 / 21
17 Mar 2009
Amendment entry In force
17 Mar 2009
PDF
Ä 42946 / 20
30 Dec 2008
Amendment entry In force
30 Dec 2008
PDF
Ä 42946 / 19
3 Dec 2008
Deletion of activities from the registry card In force
5 Dec 2008
PDF
Ä 42946 / 18
29 May 2007
Amendment entry In force
29 May 2007
PDF
Ä 42946 / M9
19 Apr 2007
Ruling to eliminate deficiencies (to be served) 26 May 2007 Deficiencies eliminated
25 May 2007
PDF
Ä 42946 / 17
3 May 2006
Amendment entry In force
4 May 2006
PDF
K 65960 / 2
26 Apr 2006
Commercial pledge entered In force
26 Apr 2006
PDF
Ä 42946 / M8
25 Apr 2006
Ruling to eliminate deficiencies (to be served) 3 Jun 2006 In force
28 Apr 2006
PDF
Ä 42946 / 16
28 Feb 2006
Amendment entry In force
28 Feb 2006
PDF
Ä 42946 / 15
28 Feb 2006
Amendment entry In force
28 Feb 2006
PDF
Ä 42946 / M7
22 Dec 2005
Ruling to eliminate deficiencies (to be served) 31 Jan 2006 In force PDF
Ä 42946 / M6
22 Nov 2005
Ruling to eliminate deficiencies (to be served) 23 Jan 2005 In force PDF
Ä 42946 / 14
18 Aug 2005
Amendment entry In force PDF
Ä 42946 / 13
3 Nov 2004
Amendment entry In force PDF
Ä 42946 / 12
20 Sep 2004
Amendment entry In force PDF
Ä 42946 / 11
25 Aug 2004
Amendment entry In force PDF
Ä 42946 / 10
23 Feb 2004
Amendment entry In force PDF
Ä 42946 / 9
5 Jan 2004
Amendment entry In force PDF
Ä 42946 / 8
21 Aug 2003
Amendment entry In force PDF
Ä 42946 / 7
9 Apr 2003
Amendment entry In force PDF
Ä 42946 / 6
2 Oct 2002
Entry decision on the register’s own initiative In force PDF
Ä 42946 / 5
5 Jul 2002
Unpublished amendment entry In force PDF
Ä 42946 / M5
19 Jun 2002
Ruling to eliminate deficiencies (to be served) 2 Sep 2002 In force PDF
K 65960
18 Jun 2002
Commercial pledge entered In force PDF
Ä 42946 / 4
22 Mar 2002
Unpublished amendment entry In force PDF
Ä 42946 / M4
11 Mar 2002
Ruling to eliminate deficiencies (to be served) 30 Apr 2002 In force PDF

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