aktsiaselts Tech Group

Active Registry code 10786243 AS Tallinn Registered 19 Jul 2001

aktsiaselts Tech Group is a AS based in Tallinn, registry code 10786243, status: active. Main activity: Manufacture of other general-purpose machinery n.e.c.. According to EMTA, turnover for Q3 2026 was €14 835 381 with 160 employees.

Turnover

14 835 381 €

↑ 37.7% vs Q2 2026

State taxes

0 €

Labour taxes

584 027 €

↑ 30.0% vs Q2 2026

Employees

160

+25 vs Q2 2026

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

Position in the industry Manufacture of machinery and equipment n.e.c. · EMTAK 28

Turnover · Q3 2026 14.8 mn €

above 98% of companies

industry median 130 544 € · companies in the industry: 217
Labour taxes per employee 3 650 €

above 60% of companies

industry median 3 287 € · companies in the industry: 159
Revenue · 2025 27.1 mn €

above 98% of companies

industry median 111 300 € · companies in the industry: 279
Net profit margin · 2025 5.8 %

above 62% of companies

industry median 3.0 % · companies in the industry: 216

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 14 835 381 € · +37.7% vs Q2 2026 · industry median 130 544 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 650 € · +9.7% vs Q2 2026 · industry median 3 287 € · above 60% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 160 · +18.5% vs Q2 2026

State taxes, € thousand Q3 2026: 0 €

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	14 835 381	—	584 027	160
Q2 2026	10 773 025	—	449 215	135
Q1 2026	12 155 693	—	574 380	122
Q4 2025	10 897 707	—	443 734	122
Q3 2025	9 642 482	—	441 426	122
Q2 2025	7 595 756	59 636	528 348	117
Q1 2025	11 393 460	215 795	417 018	110
Q4 2024	9 286 420	149 162	420 665	108
Q3 2024	8 600 400	52 905	407 401	104
Q2 2024	9 391 720	154 202	393 741	111
Q1 2024	7 656 154	302 206	412 247	111
Q4 2023	6 864 588	—	344 774	105
Q3 2023	5 153 960	401 236	367 605	102
Q2 2023	7 870 345	40 666	255 640	113
Q1 2023	6 956 752	91 051	422 103	112
Q4 2022	7 944 002	—	342 705	111
Q3 2022	7 143 927	110 999	328 719	110
Q2 2022	7 246 160	224 068	340 009	109
Q1 2022	8 312 471	80 426	369 845	103

Labour taxes per employee per month

1 217 €

Turnover per employee in the quarter

92 721 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 27 132 368 € · −3.8% vs 2024 · industry median 111 300 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 1 577 097 € · −23.8% vs 2024 · industry median 685 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 5.8 % · −1.5 pp vs the year before · industry median 3.0 % · above 62% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 17 427 583 € · +39.5% vs 2024

Equity, € thousand 2025: 10 174 422 € · +18.3% vs 2024

Employees 2025: 120 · +11.1% vs 2024 · industry median 8 · above 98% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (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	27 132 368	1 577 097	4 593 915	17 427 583	10 174 422	120
2024	28 195 683	2 070 178	4 063 293	12 495 835	8 597 325	108
2023	21 047 993	940 004	3 557 336	10 541 617	7 077 147	112
2022	24 058 422	664 246	3 359 417	10 796 920	6 637 144	111
2021	20 985 457	954 573	2 819 540	10 731 063	5 972 898	96
2020	17 627 148	1 308 709	2 176 233	8 004 990	5 018 325	81
2019	21 109 835	1 357 947	2 366 704	7 080 040	4 330 115	83
2018	—	—	—	—	—	79
2017	—	—	—	—	—	76
2016	—	—	—	—	—	68
2015	—	—	—	—	—	68
2014	—	—	—	—	—	70
2013	—	—	—	—	—	70
2012	—	—	—	—	—	68
2011	—	—	—	—	—	69
2010	—	—	—	—	—	60
2009	—	—	—	—	—	50
2008	—	—	—	—	—	50
2007	—	—	—	—	—	45
2006	—	—	—	—	—	48
2005	—	—	—	—	—	35
2004	—	—	—	—	—	35
2003	—	—	—	—	—	20
2002	—	—	—	—	—	0
2001	—	—	—	—	—	0

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

5.8 %

Net profit / revenue

Return on equity (ROE)

15.5 %

Net profit / equity

Return on assets (ROA)

9.0 %

Net profit / assets

Equity ratio

58.4 %

Equity / assets

Debt ratio

41.6 %

Liabilities / assets

Current ratio

2.31

Current assets / current liabilities

Revenue per employee

226 103 €

Revenue / average full-time employees

Labour cost per employee per month

3 190 €

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	2 Jul 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	19 May 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	5 Jul 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	30 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	28 Mar 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	29 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	25 Jun 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
6	1 000 000 €	AS SEB Pank	18 Mar 2026 – in force
5	535 000 €	AS SEB Pank	24 Apr 2025 – in force
4	316 000 €	AS SEB Pank	19 Feb 2019 – in force
3	520 000 €	AS SEB Pank	20 Jun 2018 – in force
2	524 000 €	AS SEB Pank	20 Mar 2018 – in force
1	750 000 €	AS SEB Pank	16 Mar 2015 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Martin Sutrop
Board member · since 5 May 2010
Jaanus Paltser
Board member · since 7 May 2012

Right of representation

Any member of the management board may represent the public limited company in all transactions.

Owners

No owner information.

Beneficial owners

Sven Siimar
Direct ownership · since 19 Oct 2018
Toomas Sutrop
Direct ownership · since 19 Oct 2018
Urmas Vahur
Indirect ownership · since 19 Oct 2018

Founders and other persons

Aivar Paltser
Founder · 80 000 € · 19 Jul 2001
Maia-Leena Tikk
Founder · 80 000 € · 19 Jul 2001
Marten Grišakov
Founder · 80 000 € · 19 Jul 2001
Piret Väljataga
Founder · 80 000 € · 19 Jul 2001
Veevi Laurits
Founder · 80 000 € · 19 Jul 2001
Mai Palmipuu
Audit firm · 16 Feb 2024
Assertum Audit OÜ
Audit firm · 16 Feb 2024
Urmas Vahur
Chairman of the supervisory board · 16 Feb 2024
Sven Siimar
Supervisory board member · 16 Feb 2024
Toomas Sutrop
Supervisory board member · 16 Feb 2024
Omanikukonto: SVEN SIIMAR
Shareholder · 24 064 € · 12 Sep 2023
Omanikukonto: OÜ FARAD GROUP
Shareholder · 24 064 € · 12 Sep 2023
Omanikukonto: TOOMAS SUTROP
Shareholder · 24 064 € · 20 Sep 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

28291Manufacture of other general-purpose machinery n.e.c. Main

Rulings 34

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
K 10059139 / 24 18 Mar 2026	Commercial pledge entered		In force 18 Mar 2026	PDF
K 10059139 / 23 24 Apr 2025	Commercial pledge entered		In force 24 Apr 2025	PDF
Ä 10059139 / 22 15 Feb 2024	Amendment under Code of Civil Procedure § 595¹ (1)		In force 15 Feb 2024	PDF
Ä 10059139 / 21 19 May 2020	Amendment entry		In force 19 May 2020	PDF
Ä 10059139 / M11 14 May 2020	Ruling to eliminate deficiencies	24 May 2020	Deficiencies eliminated 19 May 2020	PDF
K 10059139 / M10 19 Feb 2019	Ruling to eliminate deficiencies	5 Mar 2019	Deficiencies eliminated 19 Feb 2019	PDF
K 10059139 / 20 19 Feb 2019	Commercial pledge entered		In force 19 Feb 2019	PDF
K 10059139 / 19 20 Jun 2018	Commercial pledge entered		In force 20 Jun 2018	PDF
K 10059139 / 18 23 Mar 2018	Commercial pledge amended		In force 23 Mar 2018	PDF
K 10059139 / M9 20 Mar 2018	Ruling to eliminate deficiencies	4 Apr 2018	Deficiencies eliminated 23 Mar 2018	PDF
K 10059139 / 17 20 Mar 2018	Commercial pledge entered		In force 20 Mar 2018	PDF
Ä 10059139 / 16 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10059139 / M8 13 Dec 2017	Ruling to correct data outside an entry	12 Jan 2018	Deficiencies eliminated 19 Dec 2017	PDF
Ä 10059139 / 15 8 Nov 2017	Amendment entry		In force 8 Nov 2017	PDF
Ä 10059139 / 14 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10059139 / 13 15 Sep 2016	Amendment entry		In force 15 Sep 2016	PDF
K 10059139 / 12 16 Mar 2015	Commercial pledge entered		In force 16 Mar 2015	PDF
Ä 10059139 / M7 11 Jun 2013	Ruling to correct data outside an entry	11 Jul 2013	Deficiencies eliminated 13 Jun 2013	PDF
Ä 10059139 / 11 7 May 2012	Amendment entry		In force 7 May 2012	PDF
Ä 10059139 / M6 2 May 2012	Ruling to eliminate deficiencies	4 Jun 2012	Deficiencies eliminated 2 May 2012	PDF
Ä 10059139 / 10 5 May 2010	Amendment entry		In force 5 May 2010	PDF
Ä 10059139 / M5 4 May 2010	Ruling to eliminate deficiencies	20 May 2010	In force 4 May 2010	PDF
Ä 10059139 / M4 22 Apr 2010	Ruling to eliminate deficiencies	5 May 2010	In force 22 Apr 2010	PDF
Ä 59139 / 9 3 Dec 2008	Deletion of activities from the registry card		In force 3 Dec 2008	PDF
Ä 59139 / 8 13 Nov 2008	Second (constitutive) merger entry		In force 13 Nov 2008	PDF
Ä 59139 / M3 6 Nov 2008	Ruling to eliminate deficiencies (to be served)	6 Dec 2008	Deficiencies eliminated 13 Nov 2008	PDF
Ä 59139 / 7 5 Dec 2006	Amendment entry		In force 5 Dec 2006	PDF
Ä 59139 / M2 13 Nov 2006	Ruling to be served	30 Nov 2006	In force 21 Nov 2006	PDF
Ä 59139 / M1 14 Sep 2006	Ruling to eliminate deficiencies (to be served)	20 Nov 2006	In force 20 Sep 2006	PDF
Ä 59139 / 6 16 Sep 2005	Amendment entry		In force	PDF
Ä 59139 / 5 15 Apr 2005	Amendment entry		In force	PDF
Ä 59139 / 4 10 Jan 2005	Amendment entry		In force	PDF
Ä 59139 / 3 29 Apr 2003	Amendment entry		In force	PDF
Ä 59139 / 2 25 Sep 2002	Unpublished amendment entry		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

aktsiaselts Tech Group

Position in the industry Manufacture of machinery and equipment n.e.c. · EMTAK 28

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 34