Admiral Markets AS
Active Registry code 10932555
AS Tallinn Registered 26 Feb 2003
Admiral Markets AS is a AS based in Tallinn, registry code 10932555, status: active. Main activity: Security and commodity contracts brokerage. According to EMTA, turnover for Q3 2026 was €1 221 508 with 30 employees.
Turnover
1 221 508 €
↑ 2.4% vs Q2 2026
State taxes
253 889 €
↓ 19.2% vs Q2 2026
Labour taxes
272 397 €
↓ 18.1% vs Q2 2026
Employees
30
−2 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 1.2 mn €above 98% of companiesindustry median 13 814 € · companies in the industry: 339
- Labour taxes per employee 9 080 €above 86% of companiesindustry median 2 338 € · companies in the industry: 272
- Revenue · 2025 −1 mn €above 2% of companiesindustry median 3 200 € · companies in the industry: 1 215
Taxes and turnover
- Company
- Industry median
Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities auxiliary to financial services and insurance activities (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 | 1 221 508 | 253 889 | 272 397 | 30 |
| Q2 2026 | 1 192 809 | 314 353 | 332 611 | 32 |
| Q1 2026 | 1 323 406 | 372 926 | 398 843 | 37 |
| Q4 2025 | 2 251 304 | 396 845 | 410 367 | 46 |
| Q3 2025 | 2 158 723 | 428 569 | 428 538 | 53 |
| Q2 2025 | 1 983 926 | 402 906 | 419 093 | 55 |
| Q1 2025 | 1 408 675 | 433 586 | 420 676 | 53 |
| Q4 2024 | 2 669 171 | 396 009 | 404 892 | 54 |
| Q3 2024 | 1 697 426 | 423 015 | 442 780 | 59 |
| Q2 2024 | 818 061 | 431 067 | 451 033 | 62 |
| Q1 2024 | 1 428 637 | 471 041 | 457 836 | 63 |
| Q4 2023 | 2 381 605 | 485 486 | 510 292 | 66 |
| Q3 2023 | 1 932 703 | 471 790 | 495 099 | 74 |
| Q2 2023 | 2 178 385 | 1 004 853 | 496 900 | 76 |
| Q1 2023 | 3 299 340 | 487 236 | 506 224 | 77 |
| Q4 2022 | 3 190 239 | 471 884 | 493 916 | 79 |
| Q3 2022 | 2 985 037 | 504 639 | 493 963 | 71 |
| Q2 2022 | 2 225 443 | 534 207 | 563 967 | 76 |
| Q1 2022 | 3 678 605 | 601 374 | 523 444 | 84 |
Labour taxes per employee per month
3 027 €
Turnover per employee in the quarter
40 717 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities auxiliary to financial services and insurance activities (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 | -1 007 000 | -17 200 000 | 3 829 000 | 60 988 000 | 53 041 000 | 58 |
| 2024 | 13 464 961 | 355 000 | 4 019 000 | 74 690 000 | 70 241 000 | 62 |
| 2023 | 9 128 063 | — | — | 74 935 289 | — | 76 |
| 2022 | 44 262 801 | 24 835 000 | 4 828 000 | 90 031 000 | 80 691 000 | 92 |
| 2021 | 20 530 614 | 920 000 | 4 638 000 | 63 075 000 | 55 855 000 | 105 |
| 2020 | 47 070 763 | 20 265 000 | 7 670 000 | 71 436 000 | 57 677 000 | 141 |
| 2019 | 23 210 233 | 4 604 000 | 7 006 000 | 47 169 000 | 38 782 000 | 147 |
| 2018 | — | — | — | — | — | 123 |
| 2017 | — | — | — | — | — | 124 |
| 2016 | — | — | — | — | — | 119 |
| 2015 | — | — | — | — | — | 112 |
| 2014 | — | — | — | — | — | 91 |
| 2013 | — | — | — | — | — | 62 |
| 2012 | — | — | — | — | — | 36 |
| 2011 | — | — | — | — | — | 29 |
| 2010 | — | — | — | — | — | 16 |
| 2009 | — | — | — | — | — | 14 |
| 2008 | — | — | — | — | — | 11 |
| 2007 | — | — | — | — | — | 8 |
| 2006 | — | — | — | — | — | 4 |
| 2005 | — | — | — | — | — | 2 |
| 2004 | — | — | — | — | — | 1 |
| 2003 | — | — | — | — | — | 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
1 708.0 %
Net profit / revenue
Return on equity (ROE)
-32.4 %
Net profit / equity
Return on assets (ROA)
-28.2 %
Net profit / assets
Equity ratio
87.0 %
Equity / assets
Revenue per employee
-17 362 €
Revenue / average full-time employees
Labour cost per employee per month
5 501 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 25 May 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 3 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 30 Jun 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 | 13 Jun 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 20 Apr 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 22 Apr 2020 | Company’s own · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Anton TikhomirovBoard member · since 27 Aug 2025
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Owner in
- 6.82%
Beneficial owners
- Alexander TsikhilovIndirect ownership · since 10 Sep 2019
Founders and other persons
- Dmitri LaušFounder · 20 000 € · 26 Feb 2003
- Natalia LaušFounder · 20 000 € · 26 Feb 2003
- Aktsiaselts PricewaterhouseCoopersAudit firm · 14 Dec 2016
- Alexander TsikhilovChairman of the supervisory board · 11 Jun 2024
- Anatolie MihalcencoSupervisory board member · 19 Aug 2026
- Dmitri LaušSupervisory board member · 19 Aug 2026
- Olga SenjuškinaSupervisory board member · 19 Aug 2026
- Omanikukonto: ADMIRALS GROUP ASShareholder · 2 585 600 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 66121Security and commodity contracts brokerage Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10070821 / 45 26 Aug 2026 |
Amendment entry | In force 26 Aug 2026 |
||
| Ä 10070821 / 44 8 Jan 2026 |
Amendment entry | In force 8 Jan 2026 |
||
| Ä 10070821 / 43 27 Aug 2025 |
Amendment entry | In force 27 Aug 2025 |
||
| Ä 10070821 / M16 1 Aug 2025 |
Ruling to eliminate deficiencies | 16 Aug 2025 | In force 18 Aug 2025 |
|
| Ä 10070821 / M15 18 Jul 2025 |
Procedural ruling | 1 Aug 2025 | In force 18 Jul 2025 |
|
| Ä 10070821 / 42 5 Nov 2024 |
Amendment entry | In force 5 Nov 2024 |
||
| Ä 10070821 / 41 12 Sep 2024 |
Amendment entry | In force 12 Sep 2024 |
||
| Ä 10070821 / 40 22 Aug 2024 |
Amendment entry | In force 22 Aug 2024 |
||
| Ä 10070821 / 39 30 Sep 2022 |
Amendment entry | In force 30 Sep 2022 |
||
| Ä 10070821 / 38 13 Dec 2021 |
Amendment under Commercial Code § 525 (2) | In force 13 Dec 2021 |
||
| Ä 10070821 / 37 5 Aug 2021 |
Amendment entry | In force 5 Aug 2021 |
||
| Ä 10070821 / 36 15 Jul 2021 |
Amendment entry | In force 15 Jul 2021 |
||
| Ä 10070821 / M14 8 Jul 2021 |
Ruling to eliminate deficiencies | 22 Jul 2021 | Deficiencies eliminated 15 Jul 2021 |
|
| Ä 10070821 / 35 15 Dec 2020 |
Amendment entry | In force 15 Dec 2020 |
||
| Ä 10070821 / M13 8 Dec 2020 |
Procedural ruling | 18 Dec 2020 | Deficiencies eliminated 15 Dec 2020 |
|
| Ä 10070821 / 34 27 Mar 2020 |
Amendment entry | In force 27 Mar 2020 |
||
| Ä 10070821 / M12 19 Mar 2020 |
Ruling to eliminate deficiencies | 18 Apr 2020 | Deficiencies eliminated 24 Mar 2020 |
|
| Ä 10070821 / 33 14 Feb 2020 |
Amendment entry | In force 14 Feb 2020 |
||
| Ä 10070821 / M11 12 Feb 2020 |
Ruling to eliminate deficiencies | 3 Mar 2020 | Deficiencies eliminated 14 Feb 2020 |
|
| Ä 10070821 / 32 29 Aug 2019 |
Amendment entry | In force 29 Aug 2019 |
||
| Ä 10070821 / 31 28 Feb 2019 |
Amendment entry | In force 28 Feb 2019 |
||
| Ä 10070821 / M10 17 Jan 2019 |
Ruling to correct data outside an entry | 1 Feb 2019 | Deficiencies eliminated 7 Feb 2019 |
|
| Ä 10070821 / 30 22 Oct 2018 |
Amendment under Commercial Code § 525 (2) | In force 22 Oct 2018 |
||
| Ä 10070821 / 29 17 Oct 2018 |
Amendment under Commercial Code § 525 (2) | In force 17 Oct 2018 |
||
| Ä 10070821 / 28 6 Mar 2018 |
Amendment entry | In force 6 Mar 2018 |
||
| Ä 10070821 / 27 8 Feb 2018 |
Amendment entry | In force 8 Feb 2018 |
||
| Ä 10070821 / 26 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10070821 / 25 8 Nov 2017 |
Amendment entry | In force 8 Nov 2017 |
||
| Ä 10070821 / 24 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10070821 / 23 14 Sep 2017 |
Amendment entry | In force 14 Sep 2017 |
||
| Ä 10070821 / M9 12 Sep 2017 |
Ruling to eliminate deficiencies | 27 Sep 2017 | Deficiencies eliminated 12 Sep 2017 |
|
| Ä 10070821 / M8 9 Dec 2016 |
Ruling to correct data outside an entry | 8 Jan 2017 | Deficiencies eliminated 14 Dec 2016 |
|
| Ä 10070821 / 22 14 Sep 2016 |
Amendment entry | In force 14 Sep 2016 |
||
| Ä 10070821 / M7 1 Aug 2016 |
Ruling to eliminate deficiencies in the annual report | 31 Aug 2016 | Deficiencies eliminated 18 Aug 2016 |
|
| Ä 10070821 / 21 29 Dec 2015 |
Amendment entry | In force 29 Dec 2015 |
||
| Ä 10070821 / M6 22 Dec 2015 |
Ruling to correct data outside an entry | 21 Jan 2016 | Deficiencies eliminated 23 Dec 2015 |
|
| Ä 10070821 / 20 1 Dec 2014 |
Amendment entry | In force 1 Dec 2014 |
||
| Ä 10070821 / 19 8 Aug 2014 |
Amendment entry | In force 8 Aug 2014 |
||
| Ä 10070821 / 18 2 Sep 2013 |
Amendment entry | In force 2 Sep 2013 |
||
| Ä 10070821 / 17 6 Aug 2013 |
Amendment entry | In force 6 Aug 2013 |
||
| Ä 10070821 / 16 6 Jan 2012 |
Amendment entry | In force 6 Jan 2012 |
||
| Ä 10070821 / M5 15 Dec 2011 |
Ruling to eliminate deficiencies | In force 15 Dec 2011 |
||
| Ä 10070821 / 15 30 Nov 2011 |
Amendment entry | In force 30 Nov 2011 |
||
| Ä 10070821 / M4 15 Nov 2011 |
Ruling to eliminate deficiencies | 15 Dec 2011 | Deficiencies eliminated 30 Nov 2011 |
|
| Ä 10070821 / M3 4 Nov 2011 |
Ruling to eliminate deficiencies | 30 Nov 2011 | Deficiencies eliminated 30 Nov 2011 |
|
| Ä 10070821 / 14 20 Jun 2011 |
Amendment entry | In force 20 Jun 2011 |
||
| Ä 10070821 / M2 14 Jun 2011 |
Ruling to eliminate deficiencies | 14 Jul 2011 | In force 14 Jun 2011 |
|
| Ä 70821 / 13 12 Nov 2009 |
Amendment entry | In force 12 Nov 2009 |
||
| Ä 70821 / 12 24 Jul 2009 |
Amendment entry | In force 24 Jul 2009 |
||
| Ä 70821 / 11 1 Jun 2009 |
Amendment entry | In force 1 Jun 2009 |
||
| Ä 70821 / 10 7 Apr 2009 |
Amendment under Commercial Code § 525 (2) | In force 7 Apr 2009 |
||
| Ä 70821 / 9 5 Jan 2009 |
Deletion of activities from the registry card | In force 5 Jan 2009 |
||
| Ä 70821 / 8 23 Nov 2007 |
Amendment entry | In force 23 Nov 2007 |
||
| Ä 70821 / 7 10 Aug 2007 |
Amendment entry | In force 10 Aug 2007 |
||
| Ä 70821 / 6 26 Jan 2007 |
Amendment entry | In force 26 Jan 2007 |
||
| Ä 70821 / 5 30 May 2006 |
Amendment entry | In force 30 May 2006 |
||
| Ä 70821 / 4 22 Mar 2006 |
Amendment entry | In force 22 Mar 2006 |
||
| Ä 70821 / M1 10 Mar 2006 |
Ruling to eliminate deficiencies (to be served) | In force 16 Mar 2006 |
||
| Ä 70821 / 3 13 Sep 2005 |
Amendment entry | In force | ||
| Ä 70821 / 2 28 Dec 2004 |
Transformation entry without a new registry card | In force | ||
| Ä 70821 26 Feb 2003 |
First entry | In force |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data