AS Connecto Infra
Active Registry code 10722319
AS Tallinn Registered 8 Jan 2001
AS Connecto Infra is a AS based in Tallinn, registry code 10722319, status: active. Main activity: Construction of utility projects for electricity and telecommunications. According to EMTA, turnover for Q3 2026 was €17 389 043 with 153 employees.
Turnover
17 389 043 €
↓ 45.3% vs Q2 2026
State taxes
4 648 045 €
↑ 4.6% vs Q2 2026
Labour taxes
1 461 519 €
↑ 36.9% vs Q2 2026
Employees
153
−4 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 17.4 mn €above 98% of companiesindustry median 52 240 € · companies in the industry: 1 125
- Labour taxes per employee 9 552 €above 98% of companiesindustry median 1 750 € · companies in the industry: 933
- Revenue · 2025 119.4 mn €above 98% of companiesindustry median 88 960 € · companies in the industry: 1 426
- Net profit margin · 2025 15.3 %above 73% of companiesindustry median 5.0 % · companies in the industry: 1 185
Taxes and turnover
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (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 | 17 389 043 | 4 648 045 | 1 461 519 | 153 |
| Q2 2026 | 31 776 540 | 4 443 902 | 1 067 349 | 157 |
| Q1 2026 | 21 780 530 | 4 782 309 | 2 064 741 | 152 |
| Q4 2025 | 45 820 046 | 5 294 299 | 935 869 | 153 |
| Q3 2025 | 33 332 670 | 3 254 444 | 1 207 149 | 153 |
| Q2 2025 | 24 700 301 | 2 200 449 | 1 251 754 | 154 |
| Q1 2025 | 32 862 706 | 8 574 210 | 3 348 075 | 156 |
| Q4 2024 | 36 959 959 | 6 103 528 | 2 057 716 | 151 |
| Q3 2024 | 43 218 328 | 7 150 707 | 1 789 550 | 155 |
| Q2 2024 | 33 245 926 | 6 689 243 | 2 028 259 | 168 |
| Q1 2024 | 33 843 808 | 5 447 607 | 2 893 258 | 172 |
| Q4 2023 | 44 563 487 | 6 730 590 | 1 955 525 | 178 |
| Q3 2023 | 28 802 920 | 3 797 254 | 1 769 861 | 180 |
| Q2 2023 | 25 113 346 | 3 465 349 | 1 508 424 | 182 |
| Q1 2023 | 24 319 842 | 4 282 986 | 2 314 040 | 182 |
| Q4 2022 | 32 285 141 | 3 573 734 | 1 280 871 | 185 |
| Q3 2022 | 26 362 386 | 2 187 456 | 1 299 872 | 180 |
| Q2 2022 | 16 163 507 | 1 974 069 | 1 203 030 | 189 |
| Q1 2022 | 16 096 500 | 3 218 999 | 1 827 297 | 186 |
Labour taxes per employee per month
3 184 €
Turnover per employee in the quarter
113 654 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (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 | 119 376 000 | 18 255 000 | 13 358 000 | 62 718 000 | 23 241 000 | 153 |
| 2024 | 131 563 000 | 15 606 000 | 22 219 000 | 64 118 000 | 16 734 000 | 375 |
| 2023 | 104 940 000 | 11 418 000 | 21 070 000 | 54 791 000 | 21 728 000 | 368 |
| 2022 | 89 673 000 | 4 811 000 | 14 665 000 | 27 165 000 | 12 710 000 | 353 |
| 2021 | 49 144 000 | 2 660 000 | 11 543 000 | 23 983 000 | 9 499 000 | 309 |
| 2020 | 36 391 000 | 2 420 000 | 8 670 000 | 15 402 000 | 9 030 000 | 293 |
| 2019 | 40 047 000 | 2 513 000 | 8 438 000 | 16 525 000 | 8 011 000 | 283 |
| 2018 | — | — | — | — | — | 276 |
| 2017 | — | — | — | — | — | 313 |
| 2016 | — | — | — | — | — | 331 |
| 2015 | — | — | — | — | — | 342 |
| 2014 | — | — | — | — | — | 367 |
| 2013 | — | — | — | — | — | 380 |
| 2012 | — | — | — | — | — | 416 |
| 2011 | — | — | — | — | — | 443 |
| 2010 | — | — | — | — | — | 503 |
| 2009 | — | — | — | — | — | 0 |
| 2008 | — | — | — | — | — | 527 |
| 2006 | — | — | — | — | — | 525 |
| 2005 | — | — | — | — | — | 514 |
| 2004 | — | — | — | — | — | 504 |
| 2003 | — | — | — | — | — | 416 |
| 2002 | — | — | — | — | — | 430 |
| 2001 | — | — | — | — | — | 408 |
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
15.3 %
Net profit / revenue
Return on equity (ROE)
78.5 %
Net profit / equity
Return on assets (ROA)
29.1 %
Net profit / assets
Equity ratio
37.1 %
Equity / assets
Debt ratio
62.9 %
Liabilities / assets
Current ratio
1.52
Current assets / current liabilities
Revenue per employee
780 235 €
Revenue / average full-time employees
Labour cost per employee per month
7 276 €
Labour costs / employees / 12 months (incl. employer taxes)
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 | 30 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 29 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 4 May 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 30 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 | 27 Mar 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 1 | 7 000 000 € | AS SEB Pank | 29 Sep 2017 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 27 Sep 2017
- Janek SulevBoard member · since 30 Dec 2022
- Rauno LoitBoard member · since 9 Apr 2026
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Janek SulevIndirect ownership · since 7 Apr 2025
- Juho JärvaIndirect ownership · since 7 Apr 2025
- Raul OsmanIndirect ownership · since 7 Apr 2025
- Toomas AnnusIndirect ownership · since 25 Jul 2023
Founders and other persons
- Elion Ettevõtted AktsiaseltsFounder · 15 000 000 € · 8 Jan 2001
- Aktsiaselts PricewaterhouseCoopersAudit firm · 11 Jun 2005
- KPMG Baltics OÜAudit firm · 17 Oct 2008
- Andres RootAudit firm · 4 Mar 2010
- Eeli LääneAudit firm · 4 Mar 2010
- Ilmar TälliAudit firm · 28 Jul 2021
- TPMM Nordic OÜAudit firm · 28 Jul 2021
- Ivo VolkovChairman of the supervisory board · 26 Sep 2024
- Jaanus TiisvendSupervisory board member · 17 Feb 2026
- Alar LagusSupervisory board member · 1 Apr 2026
- Omanikukonto: OÜ CONNECTO VARADShareholder · 958 675 € · 7 Jul 2025
Related companies
Activities (EMTAK)
- 42221Construction of utility projects for electricity and telecommunications Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| K 10053615 / 67 9 Jul 2026 |
Commercial pledge amended | In force 9 Jul 2026 |
||
| Ä 10053615 / 66 15 Apr 2026 |
Amendment entry | In force 15 Apr 2026 |
||
| Ä 10053615 / M17 14 Apr 2026 |
Procedural ruling | 21 Apr 2026 | Deficiencies eliminated 14 Apr 2026 |
|
| Ä 10053615 / 65 9 Apr 2026 |
Amendment entry | In force 9 Apr 2026 |
||
| Ä 10053615 / 64 21 Apr 2025 |
Division entry (second, constitutive) | In force 21 Apr 2025 |
||
| Ä 10053615 / 63 10 Apr 2025 |
Amendment entry | In force 10 Apr 2025 |
||
| Ä 10053615 / 62 11 Feb 2025 |
Amendment entry | In force 11 Feb 2025 |
||
| Ä 10053615 / 61 21 Jan 2025 |
Amendment entry | In force 21 Jan 2025 |
||
| Ä 10053615 / M16 20 Jan 2025 |
Ruling to eliminate deficiencies | 4 Feb 2025 | Deficiencies eliminated 20 Jan 2025 |
|
| Ä 10053615 / 60 16 Jan 2025 |
Amendment entry | In force 16 Jan 2025 |
||
| Ä 10053615 / 59 16 Jan 2025 |
Division entry (second, constitutive) | In force 16 Jan 2025 |
||
| Ä 10053615 / M15 10 Jan 2025 |
Ruling to eliminate deficiencies | 25 Jan 2025 | Deficiencies eliminated 10 Jan 2025 |
|
| Ä 10053615 / 58 28 Apr 2023 |
Amendment entry | In force 28 Apr 2023 |
||
| Ä 10053615 / 57 19 Jan 2023 |
Amendment entry | In force 19 Jan 2023 |
||
| Ä 10053615 / 56 3 Jan 2023 |
Amendment entry | In force 3 Jan 2023 |
||
| Ä 10053615 / 55 30 Dec 2022 |
Amendment entry | In force 30 Dec 2022 |
||
| Ä 10053615 / 54 23 Dec 2022 |
Amendment entry | In force 23 Dec 2022 |
||
| Ä 10053615 / 53 3 Oct 2022 |
Amendment entry | In force 3 Oct 2022 |
||
| K 10053615 / 52 7 Jul 2022 |
Commercial pledge amended | In force 7 Jul 2022 |
||
| Ä 10053615 / 51 5 Apr 2022 |
Amendment entry | In force 5 Apr 2022 |
||
| Ä 10053615 / 50 6 Oct 2021 |
Amendment entry | In force 6 Oct 2021 |
||
| Ä 10053615 / 49 27 Aug 2021 |
Second (constitutive) merger entry | In force 27 Aug 2021 |
||
| Ä 10053615 / M14 27 Jul 2021 |
Procedural ruling | 10 Aug 2021 | Deficiencies eliminated 28 Jul 2021 |
|
| Ä 10053615 / 48 12 Jul 2021 |
Amendment entry | In force 12 Jul 2021 |
||
| Ä 10053615 / 47 7 Jul 2021 |
Amendment entry | In force 7 Jul 2021 |
||
| Ä 10053615 / 46 6 Jul 2021 |
Amendment entry | In force 6 Jul 2021 |
||
| Ä 10053615 / 45 10 Jun 2021 |
Amendment entry | In force 10 Jun 2021 |
||
| Ä 10053615 / 44 16 Oct 2020 |
Amendment entry | In force 16 Oct 2020 |
||
| Ä 10053615 / M13 12 Oct 2020 |
Procedural ruling | 22 Oct 2020 | Deficiencies eliminated 16 Oct 2020 |
|
| K 10053615 / 43 18 Jun 2020 |
Commercial pledge amended | In force 18 Jun 2020 |
||
| Ä 10053615 / 42 13 Jan 2020 |
Amendment entry | In force 13 Jan 2020 |
||
| Ä 10053615 / 41 2 Aug 2019 |
Amendment entry | In force 2 Aug 2019 |
||
| Ä 10053615 / 40 19 Mar 2018 |
Second (constitutive) merger entry | In force 19 Mar 2018 |
||
| Ä 10053615 / M12 11 Mar 2018 |
Ruling to eliminate deficiencies | 26 Mar 2018 | Deficiencies eliminated 19 Mar 2018 |
|
| K 10053615 / 39 9 Mar 2018 |
Commercial pledge amended | In force 9 Mar 2018 |
||
| Ä 10053615 / 38 6 Feb 2018 |
Amendment entry | In force 6 Feb 2018 |
||
| Ä 10053615 / 37 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10053615 / 36 15 Jan 2018 |
Amendment entry | In force 15 Jan 2018 |
||
| Ä 10053615 / 35 7 Nov 2017 |
Amendment entry | In force 7 Nov 2017 |
||
| Ä 10053615 / 34 18 Oct 2017 |
Amendment entry | In force 18 Oct 2017 |
||
| Ä 10053615 / M11 16 Oct 2017 |
Ruling to eliminate deficiencies | 15 Nov 2017 | Deficiencies eliminated 18 Oct 2017 |
|
| K 10053615 / 33 29 Sep 2017 |
Commercial pledge entered | In force 29 Sep 2017 |
||
| K 10053615 / M10 28 Sep 2017 |
Ruling to eliminate deficiencies | 8 Oct 2017 | Deficiencies eliminated 29 Sep 2017 |
|
| Ä 10053615 / 32 27 Sep 2017 |
Amendment entry | In force 27 Sep 2017 |
||
| Ä 10053615 / 31 4 May 2017 |
Amendment entry | In force 4 May 2017 |
||
| Ä 10053615 / M9 26 Apr 2017 |
Ruling to eliminate deficiencies | 16 May 2017 | Deficiencies eliminated 30 Apr 2017 |
|
| Ä 10053615 / 30 3 Jan 2017 |
Amendment entry | In force 3 Jan 2017 |
||
| Ä 10053615 / M8 30 Dec 2016 |
Ruling to eliminate deficiencies | 19 Jan 2017 | Deficiencies eliminated 3 Jan 2017 |
|
| Ä 10053615 / 29 12 Sep 2016 |
Amendment entry | In force 12 Sep 2016 |
||
| Ä 10053615 / 28 6 Jan 2016 |
Amendment entry | In force 6 Jan 2016 |
||
| Ä 10053615 / M7 4 Jan 2016 |
Ruling to eliminate deficiencies | 11 Jan 2016 | Deficiencies eliminated 6 Jan 2016 |
|
| Ä 10053615 / 27 6 May 2014 |
Amendment entry | In force 6 May 2014 |
||
| Ä 10053615 / 26 27 Jan 2014 |
Amendment entry | In force 27 Jan 2014 |
||
| Ä 10053615 / M6 24 Jan 2014 |
Ruling to eliminate deficiencies | 3 Feb 2014 | Deficiencies eliminated 24 Jan 2014 |
|
| Ä 10053615 / 25 11 Oct 2013 |
Amendment entry | In force 11 Oct 2013 |
||
| Ä 10053615 / 24 12 Feb 2013 |
Note | In force 12 Feb 2013 |
||
| Ä 10053615 / 23 24 Aug 2012 |
Amendment under Commercial Code § 525 (2) | In force 24 Aug 2012 |
||
| Ä 10053615 / 22 10 Feb 2012 |
Amendment entry | In force 10 Feb 2012 |
||
| Ä 10053615 / 21 10 Nov 2010 |
Amendment entry | In force 10 Nov 2010 |
||
| Ä 10053615 / M5 25 Oct 2010 |
Ruling to eliminate deficiencies | In force 25 Oct 2010 |
||
| Ä 53615 / 20 21 Oct 2009 |
Amendment entry | In force 21 Oct 2009 |
||
| Ä 53615 / 19 25 May 2009 |
Second (constitutive) merger entry | In force 25 May 2009 |
||
| Ä 53615 / 18 2 Jan 2009 |
Amendment entry | In force 2 Jan 2009 |
||
| Ä 53615 / 17 3 Dec 2008 |
Deletion of activities from the registry card | In force 4 Dec 2008 |
||
| Ä 53615 / 16 31 Oct 2008 |
Amendment entry | In force 31 Oct 2008 |
||
| Ä 53615 / 15 8 May 2008 |
Amendment entry | In force 8 May 2008 |
||
| Ä 53615 / 14 16 Jan 2008 |
Amendment entry | In force 16 Jan 2008 |
||
| Ä 53615 / M4 25 Sep 2007 |
Fine for not filing the report | In force 2 Oct 2007 |
||
| Ä 53615 / 13 17 Mar 2006 |
Amendment entry | In force 17 Mar 2006 |
||
| Ä 53615 / 12 7 Dec 2004 |
Second (constitutive) merger entry | In force | ||
| Ä 53615 / 11 9 Jun 2004 |
Published amendment entry | In force | ||
| Ä 53615 / 10 8 Jun 2004 |
Second (constitutive) merger entry | In force | ||
| Ä 53615 / 9 3 Dec 2003 |
Amendment entry | In force | ||
| Ä 53615 / 8 15 Oct 2003 |
Amendment entry | In force | ||
| Ä 53615 / 7 8 Oct 2003 |
Amendment entry | In force | ||
| Ä 53615 / 6 2 May 2003 |
Amendment entry | In force | ||
| Ä 53615 / M3 23 Apr 2003 |
Ruling to eliminate deficiencies (to be served) | 30 May 2003 | In force | |
| Ä 53615 / 5 11 Apr 2003 |
Amendment entry | In force | ||
| Ä 53615 / 4 30 Sep 2002 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data