SRC Estonia AS
Active Registry code 10705931
AS Aaviku küla Registered 18 Oct 2000
SRC Estonia AS is a AS based in Aaviku küla, registry code 10705931, status: active. Main activity: Repair and maintenance of civilian ships and boats. According to EMTA, turnover for Q3 2026 was €3 727 439 with 31 employees.
Turnover
3 727 439 €
↑ 78.6% vs Q2 2026
State taxes
180 602 €
↑ 59.9% vs Q2 2026
Labour taxes
206 450 €
↑ 69.0% vs Q2 2026
Employees
31
+1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 3.7 mn €above 98% of companiesindustry median 21 365 € · companies in the industry: 1 050
- Labour taxes per employee 6 660 €above 98% of companiesindustry median 1 557 € · companies in the industry: 808
- Revenue · 2024 15.9 mn €above 98% of companiesindustry median 40 902 € · companies in the industry: 1 460
- Net profit margin · 2024 -8.2 %above 19% of companiesindustry median 4.3 % · companies in the industry: 1 244
Taxes and turnover
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 3 727 439 | 180 602 | 206 450 | 31 |
| Q2 2026 | 2 086 468 | 112 955 | 122 156 | 30 |
| Q1 2026 | 3 928 768 | 111 180 | 191 355 | 29 |
| Q4 2025 | 4 802 427 | 33 095 | 199 656 | 29 |
| Q3 2025 | 3 463 531 | 204 183 | 235 548 | 31 |
| Q2 2025 | 7 212 556 | 174 084 | 227 358 | 33 |
| Q1 2025 | 3 340 701 | 191 400 | 256 004 | 32 |
| Q4 2024 | 3 160 185 | 204 664 | 275 474 | 36 |
| Q3 2024 | 4 535 650 | 100 721 | 222 385 | 40 |
| Q2 2024 | 6 097 798 | — | 258 840 | 42 |
| Q1 2024 | 9 100 453 | — | 165 180 | 41 |
| Q4 2023 | 7 367 124 | 171 406 | 223 529 | 39 |
| Q3 2023 | 7 955 169 | 95 503 | 211 801 | 38 |
| Q2 2023 | 6 855 069 | 174 654 | 196 936 | 35 |
| Q1 2023 | 4 590 669 | 82 123 | 182 058 | 32 |
| Q4 2022 | 4 148 528 | 179 077 | 184 092 | 34 |
| Q3 2022 | 2 117 253 | 89 398 | 109 149 | 36 |
| Q2 2022 | 4 015 554 | 160 970 | 168 107 | 35 |
| Q1 2022 | 3 781 763 | 135 496 | 163 364 | 34 |
Labour taxes per employee per month
2 220 €
Turnover per employee in the quarter
120 240 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | — | — | — | — | — | 32 |
| 2024 | 15 923 271 | -1 307 173 | 2 395 193 | 6 471 386 | 868 482 | 38 |
| 2023 | 27 362 493 | 119 937 | 1 935 515 | 7 075 286 | -1 280 945 | 33 |
| 2022 | 12 103 494 | -2 058 413 | 1 643 628 | 4 316 608 | -1 400 882 | 39 |
| 2021 | 13 665 850 | -321 596 | 1 807 149 | 3 431 829 | 249 531 | 48 |
| 2020 | 21 530 598 | 4 743 402 | 1 919 279 | 4 464 183 | 2 671 127 | 49 |
| 2019 | 12 807 423 | -2 643 744 | 1 497 205 | 2 068 041 | -2 072 275 | 30 |
| 2018 | — | — | — | — | — | 27 |
| 2017 | — | — | — | — | — | 27 |
| 2016 | — | — | — | — | — | 29 |
| 2015 | — | — | — | — | — | 9 |
| 2014 | — | — | — | — | — | 8 |
| 2013 | — | — | — | — | — | 4 |
| 2012 | — | — | — | — | — | 3 |
| 2011 | — | — | — | — | — | 3 |
| 2007 | — | — | — | — | — | 52 |
| 2004 | — | — | — | — | — | 68 |
| 2003 | — | — | — | — | — | 43 |
| 2002 | — | — | — | — | — | 37 |
| 2001 | — | — | — | — | — | 49 |
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2024
Net profit margin
-8.2 %
Net profit / revenue
Return on equity (ROE)
-150.5 %
Net profit / equity
Return on assets (ROA)
-20.2 %
Net profit / assets
Equity ratio
13.4 %
Equity / assets
Debt ratio
86.6 %
Liabilities / assets
Current ratio
0.95
Current assets / current liabilities
Revenue per employee
419 033 €
Revenue / average full-time employees
Labour cost per employee per month
5 253 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 2 Oct 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 14 Sep 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 13 Oct 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 2 Aug 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 2 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 10 May 2021 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 1 | 7 500 000 EEK | aktsiaselts Hansapank | 11 Feb 2004 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 27 Sep 2017
- Vadim LatkinBoard member · since 22 Jul 2009
- Hannes LilpBoard member · since 7 Nov 2017
- Alex VainokiviProcurator · since 13 Oct 2026
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Any procurator may represent the public limited company in all legal acts related to its business. A procurator may transfer or encumber immovable property only if that right is entered on the registry card.
Owners
No owner information.
Owner in
- 20%
Beneficial owners
- Hannes LilpIndirect ownership · since 16 Sep 2020
Founders and other persons
- Timo HartikainenFounder · 40 000 € · 18 Oct 2000
- OSAÜHING TULEKIVI S.P.Audit firm · 23 Mar 2010
- Ene MakusAudit firm · 21 Jun 2018
- Indrek ErgmaChairman of the supervisory board · 3 Dec 2020
- Egle LilpSupervisory board member · 27 Dec 2022
- Maksim LatkinSupervisory board member · 9 Aug 2023
- Omanikukonto: SRC GROUP OÜShareholder · 25 200 € · 4 Nov 2024
Related companies
Activities (EMTAK)
- 33151Repair and maintenance of civilian ships and boats Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10052115 / M15 26 Oct 2026 |
Fine for not filing the report | Signed 26 Oct 2026 |
||
| Ä 10052115 / 31 13 Oct 2026 |
Amendment entry | In force 13 Oct 2026 |
||
| Ä 10052115 / M14 18 Aug 2026 |
Procedural ruling | 17 Oct 2026 | In force 18 Aug 2026 |
|
| Ä 10052115 / M13 12 Jul 2026 |
Warning of a fine: annual report not filed | 12 Aug 2026 | Deficiencies eliminated 29 Oct 2026 |
|
| Ä 10052115 / M12 11 Feb 2026 |
Ruling to correct data outside an entry | 25 Feb 2026 | In force 11 Feb 2026 |
|
| Ä 10052115 / M11 12 Jul 2025 |
Warning of a fine: annual report not filed | 14 Aug 2025 | Deficiencies eliminated 2 Oct 2025 |
|
| Ä 10052115 / 30 1 Nov 2024 |
Amendment entry | In force 1 Nov 2024 |
||
| Ä 10052115 / M10 31 Oct 2024 |
Procedural ruling | 7 Nov 2024 | Deficiencies eliminated 1 Nov 2024 |
|
| Ä 10052115 / 29 3 Oct 2024 |
Amendment entry | In force 3 Oct 2024 |
||
| Ä 10052115 / 28 17 Sep 2024 |
Amendment entry | In force 17 Sep 2024 |
||
| Ä 10052115 / M9 7 Jul 2024 |
Warning of a fine: annual report not filed | 6 Aug 2024 | Deficiencies eliminated 14 Sep 2024 |
|
| Ä 10052115 / M8 26 Aug 2023 |
Warning of a fine: annual report not filed | 25 Sep 2023 | Deficiencies eliminated 1 Nov 2023 |
|
| Ä 10052115 / 27 30 Nov 2022 |
Amendment entry | In force 30 Nov 2022 |
||
| Ä 10052115 / M7 9 Nov 2022 |
Ruling to eliminate deficiencies | 23 Nov 2022 | Deficiencies eliminated 30 Nov 2022 |
|
| Ä 10052115 / 26 29 Nov 2021 |
Amendment entry | In force 29 Nov 2021 |
||
| Ä 10052115 / 25 7 Oct 2021 |
Amendment entry | In force 7 Oct 2021 |
||
| Ä 10052115 / M6 13 Apr 2021 |
Warning of a fine: annual report not filed | 13 May 2021 | Deficiencies eliminated 10 May 2021 |
|
| Ä 10052115 / 24 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10052115 / 23 7 Nov 2017 |
Amendment entry | In force 7 Nov 2017 |
||
| Ä 10052115 / 22 27 Sep 2017 |
Amendment entry | In force 27 Sep 2017 |
||
| Ä 10052115 / 21 24 Jul 2017 |
Division entry (second, constitutive) | In force 24 Jul 2017 |
||
| Ä 10052115 / M5 17 Jul 2017 |
Ruling to eliminate deficiencies | 26 Aug 2017 | Deficiencies eliminated 21 Jul 2017 |
|
| Ä 10052115 / 20 25 May 2017 |
Amendment under Commercial Code § 525 (2) | In force 25 May 2017 |
||
| Ä 10052115 / 19 20 Jan 2016 |
Amendment entry | In force 20 Jan 2016 |
||
| Ä 10052115 / 18 8 Dec 2015 |
Second (constitutive) merger entry | In force 8 Dec 2015 |
||
| Ä 10052115 / M4 4 Dec 2015 |
Procedural ruling | In force 4 Dec 2015 |
||
| Ä 10052115 / 17 9 Nov 2015 |
Entry refused | In force 26 Nov 2015 |
||
| Ä 10052115 / 16 20 Oct 2015 |
Amendment entry | In force 20 Oct 2015 |
||
| Ä 10052115 / 15 23 Mar 2015 |
Amendment entry | In force 23 Mar 2015 |
||
| Ä 10052115 / 14 19 Oct 2010 |
Entry made by the register on its own initiative | In force 19 Oct 2010 |
||
| Ä 10052115 / 13 18 Oct 2010 |
Amendment entry | In force 18 Oct 2010 |
||
| Ä 52115 / M3 22 Jul 2009 |
Ruling to eliminate deficiencies | 14 Sep 2009 | In force 22 Jul 2009 |
|
| Ä 52115 / 12 22 Jul 2009 |
Amendment entry | In force 22 Jul 2009 |
||
| Ä 52115 / M2 15 Jul 2009 |
Ruling to eliminate deficiencies | 17 Aug 2009 | In force 15 Jul 2009 |
|
| Ä 52115 / 11 3 Dec 2008 |
Deletion of activities from the registry card | In force 4 Dec 2008 |
||
| Ä 52115 / 10 5 Sep 2008 |
Amendment entry | In force 5 Sep 2008 |
||
| Ä 52115 / 9 27 Aug 2008 |
Transformation entry without a new registry card | In force 27 Aug 2008 |
||
| K 77733 / 4 27 Aug 2008 |
Compliance with Commercial Code § 33 (7.1) | In force 27 Aug 2008 |
||
| Ä 52115 / M1 25 Aug 2008 |
Ruling to eliminate deficiencies (to be served) | 29 Sep 2008 | In force 25 Aug 2008 |
|
| Ä 52115 / 8 14 Nov 2006 |
Amendment entry | In force 14 Nov 2006 |
||
| Ä 52115 / 7 23 Nov 2005 |
Amendment entry | In force | ||
| K 77733 / 3 23 Nov 2005 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| Ä 52115 / 6 4 Mar 2005 |
Amendment entry | In force | ||
| K 77733 / 2 4 May 2004 |
Commercial pledge amended | In force | ||
| K 77733 11 Feb 2004 |
Commercial pledge entered | In force | ||
| K 77733 / M1 10 Feb 2004 |
Ruling to eliminate deficiencies (to be served) | 15 Apr 2004 | In force | |
| Ä 52115 / 5 7 Aug 2003 |
Amendment entry | In force | ||
| Ä 52115 / 4 25 Mar 2002 |
Unpublished amendment entry | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data