OÜ Articard

Active Registry code 10974803 OÜ Tallinn Registered 30 Sep 2003
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OÜ Articard is a OÜ based in Tallinn, registry code 10974803, status: active. Main activity: Investigation and private security activities. According to EMTA, turnover for Q3 2026 was €1 063 368 with 195 employees.

Turnover
1 063 368 €
↑ 4.5% vs Q2 2026
State taxes
491 993 €
↑ 8.5% vs Q2 2026
Labour taxes
295 456 €
↑ 8.7% vs Q2 2026
Employees
195
+16 vs Q2 2026

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

Position in the industry Investigation and security activities · EMTAK 80

  • Turnover · Q3 2026 1.1 mn €
    industry median 38 550 € · companies in the industry: 100
  • Labour taxes per employee 1 515 €
    industry median 1 515 € · companies in the industry: 81
  • Revenue · 2025 4.6 mn €
    industry median 41 297 € · companies in the industry: 138
  • Net profit margin · 2025 1.3 %
    industry median 3.5 % · companies in the industry: 108

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 063 368 € · +4.5% vs Q2 2026 · industry median 38 550 € · above 98% of the industry
02505007501 0001 250Q4 2023 Company: 826 349 € Industry median: 33 573 €Q4·23Q1 2024 Company: 911 016 € Industry median: 31 251 €Q2 2024 Company: 943 154 € Industry median: 28 743 €Q2·24Q3 2024 Company: 901 830 € Industry median: 38 837 €Q4 2024 Company: 907 988 € Industry median: 31 601 €Q4·24Q1 2025 Company: 1 000 424 € Industry median: 27 786 €Q2 2025 Company: 1 109 616 € Industry median: 25 487 €Q2·25Q3 2025 Company: 1 136 620 € Industry median: 39 199 €Q4 2025 Company: 1 207 508 € Industry median: 31 581 €Q4·25Q1 2026 Company: 1 224 143 € Industry median: 28 345 €Q2 2026 Company: 1 017 754 € Industry median: 34 000 €Q2·26Q3 2026 Company: 1 063 368 € Industry median: 38 550 €Q3·2602505007501 0001 250Q4 2024 Company: 907 988 € Industry median: 31 601 €Q1 2025 Company: 1 000 424 € Industry median: 27 786 €Q1·25Q2 2025 Company: 1 109 616 € Industry median: 25 487 €Q3 2025 Company: 1 136 620 € Industry median: 39 199 €Q3·25Q4 2025 Company: 1 207 508 € Industry median: 31 581 €Q1 2026 Company: 1 224 143 € Industry median: 28 345 €Q1·26Q2 2026 Company: 1 017 754 € Industry median: 34 000 €Q3 2026 Company: 1 063 368 € Industry median: 38 550 €Q3·26
  • Company
  • Industry median

Industry: Investigation and security activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 515 € · −0.3% vs Q2 2026 · industry median 1 515 € · above 50% of the industry
05001 0001 5002 000Q4 2023 Company: 1 225 € Industry median: 1 200 €Q4·23Q1 2024 Company: 1 215 € Industry median: 1 397 €Q2 2024 Company: 1 412 € Industry median: 1 329 €Q2·24Q3 2024 Company: 1 430 € Industry median: 1 375 €Q4 2024 Company: 1 385 € Industry median: 1 385 €Q4·24Q1 2025 Company: 1 599 € Industry median: 1 390 €Q2 2025 Company: 1 423 € Industry median: 1 278 €Q2·25Q3 2025 Company: 1 739 € Industry median: 1 127 €Q4 2025 Company: 1 504 € Industry median: 1 297 €Q4·25Q1 2026 Company: 1 997 € Industry median: 1 300 €Q2 2026 Company: 1 519 € Industry median: 1 338 €Q2·26Q3 2026 Company: 1 515 € Industry median: 1 515 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 385 € Industry median: 1 385 €Q1 2025 Company: 1 599 € Industry median: 1 390 €Q1·25Q2 2025 Company: 1 423 € Industry median: 1 278 €Q3 2025 Company: 1 739 € Industry median: 1 127 €Q3·25Q4 2025 Company: 1 504 € Industry median: 1 297 €Q1 2026 Company: 1 997 € Industry median: 1 300 €Q1·26Q2 2026 Company: 1 519 € Industry median: 1 338 €Q3 2026 Company: 1 515 € Industry median: 1 515 €Q3·26
  • Company
  • Industry median

Industry: Investigation and security activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 195 · +8.9% vs Q2 2026
050100150200250Q4 2023 Company: 176Q4·23Q1 2024 Company: 181Q2 2024 Company: 174Q2·24Q3 2024 Company: 170Q4 2024 Company: 174Q4·24Q1 2025 Company: 173Q2 2025 Company: 197Q2·25Q3 2025 Company: 199Q4 2025 Company: 224Q4·25Q1 2026 Company: 175Q2 2026 Company: 179Q2·26Q3 2026 Company: 195Q3·26050100150200250Q4 2024 Company: 174Q1 2025 Company: 173Q1·25Q2 2025 Company: 197Q3 2025 Company: 199Q3·25Q4 2025 Company: 224Q1 2026 Company: 175Q1·26Q2 2026 Company: 179Q3 2026 Company: 195Q3·26
State taxes, € thousand Q3 2026: 491 993 € · +8.5% vs Q2 2026
0200400600Q4 2023 Company: 301 500 €Q4·23Q1 2024 Company: 400 266 €Q2 2024 Company: 441 467 €Q2·24Q3 2024 Company: 395 477 €Q4 2024 Company: 382 592 €Q4·24Q1 2025 Company: 442 401 €Q2 2025 Company: 464 558 €Q2·25Q3 2025 Company: 554 992 €Q4 2025 Company: 564 118 €Q4·25Q1 2026 Company: 572 941 €Q2 2026 Company: 453 344 €Q2·26Q3 2026 Company: 491 993 €Q3·260200400600Q4 2024 Company: 382 592 €Q1 2025 Company: 442 401 €Q1·25Q2 2025 Company: 464 558 €Q3 2025 Company: 554 992 €Q3·25Q4 2025 Company: 564 118 €Q1 2026 Company: 572 941 €Q1·26Q2 2026 Company: 453 344 €Q3 2026 Company: 491 993 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 063 368 491 993 295 456 195
Q2 2026 1 017 754 453 344 271 927 179
Q1 2026 1 224 143 572 941 349 440 175
Q4 2025 1 207 508 564 118 336 794 224
Q3 2025 1 136 620 554 992 346 081 199
Q2 2025 1 109 616 464 558 280 383 197
Q1 2025 1 000 424 442 401 276 596 173
Q4 2024 907 988 382 592 240 975 174
Q3 2024 901 830 395 477 243 183 170
Q2 2024 943 154 441 467 245 766 174
Q1 2024 911 016 400 266 219 988 181
Q4 2023 826 349 301 500 215 612 176
Q3 2023 843 924 375 292 227 101 178
Q2 2023 869 722 346 861 241 892 187
Q1 2023 897 394 371 085 237 814 191
Q4 2022 864 565 337 742 230 523 200
Q3 2022 830 540 323 324 217 709 193
Q2 2022 779 675 321 894 203 532 193
Q1 2022 782 723 330 804 203 430 184
Labour taxes per employee per month
505 €
Turnover per employee in the quarter
5 453 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 4 598 387 € · +24.7% vs 2024 · industry median 41 297 € · above 98% of the industry
01 0002 0003 0004 0005 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 163 896 € Industry median: 53 844 €20192020 Company: 2 112 901 € Industry median: 39 399 €20202021 Company: 2 473 671 € Industry median: 42 643 €20212022 Company: 3 291 935 € Industry median: 42 659 €20222023 Company: 3 438 749 € Industry median: 52 824 €20232024 Company: 3 688 695 € Industry median: 44 240 €20242025 Company: 4 598 387 € Industry median: 41 297 €202501 0002 0003 0004 0005 0002018 Company: — Industry median: —2019 Company: 2 163 896 € Industry median: 53 844 €20192020 Company: 2 112 901 € Industry median: 39 399 €2021 Company: 2 473 671 € Industry median: 42 643 €20212022 Company: 3 291 935 € Industry median: 42 659 €2023 Company: 3 438 749 € Industry median: 52 824 €20232024 Company: 3 688 695 € Industry median: 44 240 €2025 Company: 4 598 387 € Industry median: 41 297 €2025
  • Company
  • Industry median

Industry: Investigation and security activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 61 156 € · +2 010.3% vs 2024 · industry median 281 € · above 92% of the industry
020 00040 00060 00080 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 23 687 € Industry median: 1 246 €20192020 Company: 6 289 € Industry median: 513 €20202021 Company: 39 474 € Industry median: 631 €20212022 Company: 891 € Industry median: 209 €20222023 Company: 1 513 € Industry median: 301 €20232024 Company: 2 898 € Industry median: 224 €20242025 Company: 61 156 € Industry median: 281 €2025020 00040 00060 00080 0002018 Company: — Industry median: —2019 Company: 23 687 € Industry median: 1 246 €20192020 Company: 6 289 € Industry median: 513 €2021 Company: 39 474 € Industry median: 631 €20212022 Company: 891 € Industry median: 209 €2023 Company: 1 513 € Industry median: 301 €20232024 Company: 2 898 € Industry median: 224 €2025 Company: 61 156 € Industry median: 281 €2025
  • Company
  • Industry median

Industry: Investigation and security activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 1.3 % · +1.3 pp vs the year before · industry median 3.5 % · above 42% of the industry
0123452016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1.1 % Industry median: 4.5 %20192020 Company: 0.3 % Industry median: 3.1 %20202021 Company: 1.6 % Industry median: 2.6 %20212022 Company: 0.0 % Industry median: 2.1 %20222023 Company: 0.0 % Industry median: 3.8 %20232024 Company: 0.1 % Industry median: 2.7 %20242025 Company: 1.3 % Industry median: 3.5 %20250123452018 Company: — Industry median: —2019 Company: 1.1 % Industry median: 4.5 %20192020 Company: 0.3 % Industry median: 3.1 %2021 Company: 1.6 % Industry median: 2.6 %20212022 Company: 0.0 % Industry median: 2.1 %2023 Company: 0.0 % Industry median: 3.8 %20232024 Company: 0.1 % Industry median: 2.7 %2025 Company: 1.3 % Industry median: 3.5 %2025
  • Company
  • Industry median

Industry: Investigation and security activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 343 635 € · +9.9% vs 2024
05001 0001 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 623 654 €20192020 Company: 583 304 €20202021 Company: 809 060 €20212022 Company: 899 344 €20222023 Company: 881 004 €20232024 Company: 1 222 470 €20242025 Company: 1 343 635 €202505001 0001 5002018 Company: —2019 Company: 623 654 €20192020 Company: 583 304 €2021 Company: 809 060 €20212022 Company: 899 344 €2023 Company: 881 004 €20232024 Company: 1 222 470 €2025 Company: 1 343 635 €2025
Equity, € thousand 2025: 132 175 € · −35.1% vs 2024
0501001502002502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 173 534 €20192020 Company: 179 823 €20202021 Company: 219 296 €20212022 Company: 199 219 €20222023 Company: 200 732 €20232024 Company: 203 630 €20242025 Company: 132 175 €20250501001502002502018 Company: —2019 Company: 173 534 €20192020 Company: 179 823 €2021 Company: 219 296 €20212022 Company: 199 219 €2023 Company: 200 732 €20232024 Company: 203 630 €2025 Company: 132 175 €2025
Employees 2025: 170 · −4.5% vs 2024 · industry median 3 · above 98% of the industry
0501001502002016 Company: 0 Industry median: —20162017 Company: 101 Industry median: —20172018 Company: 0 Industry median: 520182019 Company: 136 Industry median: 420192020 Company: 127 Industry median: 420202021 Company: 132 Industry median: 320212022 Company: 154 Industry median: 420222023 Company: 159 Industry median: 320232024 Company: 178 Industry median: 320242025 Company: 170 Industry median: 320250501001502002018 Company: 0 Industry median: 52019 Company: 136 Industry median: 420192020 Company: 127 Industry median: 42021 Company: 132 Industry median: 320212022 Company: 154 Industry median: 42023 Company: 159 Industry median: 320232024 Company: 178 Industry median: 32025 Company: 170 Industry median: 32025
  • Company
  • Industry median

Industry: Investigation and security activities (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 4 598 387 61 156 3 466 634 1 343 635 132 175 170
2024 3 688 695 2 898 2 777 442 1 222 470 203 630 178
2023 3 438 749 1 513 2 571 329 881 004 200 732 159
2022 3 291 935 891 2 419 151 899 344 199 219 154
2021 2 473 671 39 474 1 646 919 809 060 219 296 132
2020 2 112 901 6 289 1 550 176 583 304 179 823 127
2019 2 163 896 23 687 1 611 251 623 654 173 534 136
2018 — — — — — 0
2017 — — — — — 101
2016 — — — — — 0
2015 — — — — — 72
2014 — — — — — 35
2013 — — — — — 32
2012 — — — — — 30
2011 — — — — — 37
2010 — — — — — 17
2009 — — — — — 21
2008 — — — — — 105
2007 — — — — — 80
2006 — — — — — 43
2005 — — — — — 30
2004 — — — — — 8

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
1.3 %
Net profit / revenue
Return on equity (ROE)
46.3 %
Net profit / equity
Return on assets (ROA)
4.6 %
Net profit / assets
Equity ratio
9.8 %
Equity / assets
Debt ratio
90.2 %
Liabilities / assets
Current ratio
0.77
Current assets / current liabilities
Revenue per employee
27 049 €
Revenue / average full-time employees
Labour cost per employee per month
1 699 €
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 27 Aug 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jul 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Oct 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 19 Sep 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 23 Jul 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 14 Jul 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 2 Nov 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 100 000 € Coop Pank AS 10 May 2024 – in force
1 80 000 € Coop Pank AS 12 Dec 2022 – in force

Board

  • Ilja Zakareišvili
    Board member · since 20 May 2004
  • Nasdaq CSD SE
    Keeper of the share register · since 7 Jun 2025

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 80011Investigation and private security activities Main
  • 80091Security activities n.e.c.
Rulings
Number, date Title Deadline State Document
Ä 10074746 / M5
21 Aug 2026
Warning of a fine: annual report not filed 20 Sep 2026 Deficiencies eliminated
28 Aug 2026
PDF
Ä 10074746 / 18
7 Jul 2025
Amendment entry In force
7 Jul 2025
PDF
Ä 10074746 / 17
7 Jun 2025
Amendment entry In force
7 Jun 2025
PDF
Ä 10074746 / 16
30 May 2025
Amendment entry In force
30 May 2025
PDF
Ä 10074746 / M4
6 Jul 2024
Warning of a fine: annual report not filed 5 Aug 2024 Deficiencies eliminated
1 Nov 2024
PDF
K 10074746 / 15
10 May 2024
Commercial pledge entered In force
10 May 2024
PDF
K 10074746 / 14
10 May 2024
Commercial pledge amended In force
10 May 2024
PDF
Ä 10074746 / M3
19 Sep 2023
Warning of a fine: annual report not filed 19 Oct 2023 Deficiencies eliminated
20 Sep 2023
PDF
Ä 10074746 / 13
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
K 10074746 / 12
12 Dec 2022
Commercial pledge entered In force
12 Dec 2022
PDF
Ä 10074746 / 11
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10074746 / 10
8 Nov 2017
Amendment entry In force
8 Nov 2017
PDF
Ä 10074746 / 9
1 Sep 2016
Amendment entry In force
1 Sep 2016
PDF
Ä 10074746 / 8
19 Jan 2015
Amendment under Commercial Code § 525 (2) In force
19 Jan 2015
PDF
Ä 10074746 / 7
20 Jun 2011
Amendment entry In force
20 Jun 2011
PDF
Ä 74746 / 6
5 Jan 2009
Deletion of activities from the registry card In force
5 Jan 2009
PDF
Ä 74746 / 5
10 Oct 2007
Amendment entry In force
10 Oct 2007
PDF
Ä 74746 / 4
1 Jul 2004
Amendment entry In force PDF
Ä 74746 / M2
14 Jun 2004
Ruling to eliminate deficiencies (to be served) In force PDF
Ä 74746 / 3
20 May 2004
Amendment entry In force PDF
Ä 74746 / M1
27 Apr 2004
Ruling to eliminate deficiencies (to be served) In force PDF
Ä 74746 / 2
18 Feb 2004
Amendment entry In force PDF
Ä 74746
29 Sep 2003
First entry In force PDF

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