Keystone Advisers osaühing

Active Registry code 11179462 OÜ Tallinn Registered 20 Oct 2005
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Keystone Advisers osaühing is a OÜ based in Tallinn, registry code 11179462, status: active. Main activity: Business and other management consultancy activities. According to EMTA, turnover for Q3 2026 was €72 357 with 3 employees.

Turnover
72 357 €
↓ 2.1% vs Q2 2026
State taxes
40 688 €
↑ 259.7% vs Q2 2026
Labour taxes
17 182 €
↑ 205.2% vs Q2 2026
Employees
3
+1 vs Q2 2026

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

Position in the industry Activities of head offices and management consultancy · EMTAK 70

  • Turnover · Q3 2026 72 357 €
    industry median 13 705 € · companies in the industry: 4 338
  • Labour taxes per employee 5 727 €
    industry median 1 649 € · companies in the industry: 1 689
  • Revenue · 2025 673 502 €
    industry median 10 800 € · companies in the industry: 9 687
  • Net profit margin · 2025 47.6 %
    industry median 22.0 % · companies in the industry: 6 494

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 72 357 € · −2.1% vs Q2 2026 · industry median 13 705 € · above 88% of the industry
0100200300400Q4 2023 Company: 35 666 € Industry median: 15 091 €Q4·23Q1 2024 Company: 58 000 € Industry median: 14 762 €Q2 2024 Company: 32 963 € Industry median: 14 762 €Q2·24Q3 2024 Company: 30 318 € Industry median: 14 140 €Q4 2024 Company: 26 830 € Industry median: 15 052 €Q4·24Q1 2025 Company: 26 670 € Industry median: 14 703 €Q2 2025 Company: 39 052 € Industry median: 13 688 €Q2·25Q3 2025 Company: 321 120 € Industry median: 13 984 €Q4 2025 Company: 1 556 € Industry median: 14 505 €Q4·25Q1 2026 Company: 88 422 € Industry median: 14 237 €Q2 2026 Company: 73 890 € Industry median: 14 128 €Q2·26Q3 2026 Company: 72 357 € Industry median: 13 705 €Q3·260100200300400Q4 2024 Company: 26 830 € Industry median: 15 052 €Q1 2025 Company: 26 670 € Industry median: 14 703 €Q1·25Q2 2025 Company: 39 052 € Industry median: 13 688 €Q3 2025 Company: 321 120 € Industry median: 13 984 €Q3·25Q4 2025 Company: 1 556 € Industry median: 14 505 €Q1 2026 Company: 88 422 € Industry median: 14 237 €Q1·26Q2 2026 Company: 73 890 € Industry median: 14 128 €Q3 2026 Company: 72 357 € Industry median: 13 705 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 727 € · +103.5% vs Q2 2026 · industry median 1 649 € · above 88% of the industry
05 00010 00015 000Q4 2023 Company: 7 698 € Industry median: 1 639 €Q4·23Q1 2024 Company: 8 931 € Industry median: 1 650 €Q2 2024 Company: 13 457 € Industry median: 1 721 €Q2·24Q3 2024 Company: 4 195 € Industry median: 1 700 €Q4 2024 Company: 3 220 € Industry median: 1 679 €Q4·24Q1 2025 Company: 5 121 € Industry median: 1 739 €Q2 2025 Company: 5 438 € Industry median: 1 758 €Q2·25Q3 2025 Company: 14 143 € Industry median: 1 758 €Q4 2025 Company: 5 384 € Industry median: 1 758 €Q4·25Q1 2026 Company: 5 280 € Industry median: 1 641 €Q2 2026 Company: 2 815 € Industry median: 1 597 €Q2·26Q3 2026 Company: 5 727 € Industry median: 1 649 €Q3·2605 00010 00015 000Q4 2024 Company: 3 220 € Industry median: 1 679 €Q1 2025 Company: 5 121 € Industry median: 1 739 €Q1·25Q2 2025 Company: 5 438 € Industry median: 1 758 €Q3 2025 Company: 14 143 € Industry median: 1 758 €Q3·25Q4 2025 Company: 5 384 € Industry median: 1 758 €Q1 2026 Company: 5 280 € Industry median: 1 641 €Q1·26Q2 2026 Company: 2 815 € Industry median: 1 597 €Q3 2026 Company: 5 727 € Industry median: 1 649 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 3 · +50.0% vs Q2 2026
0123Q4 2023 Company: 2Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q4 2025 Company: 2Q4·25Q1 2026 Company: 2Q2 2026 Company: 2Q2·26Q3 2026 Company: 3Q3·260123Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: 2Q1 2026 Company: 2Q1·26Q2 2026 Company: 2Q3 2026 Company: 3Q3·26
State taxes, € Q3 2026: 40 688 € · +259.7% vs Q2 2026
010 00020 00030 00040 00050 000Q4 2023 Company: 13 714 €Q4·23Q1 2024 Company: 17 615 €Q2 2024 Company: 31 392 €Q2·24Q3 2024 Company: 8 324 €Q4 2024 Company: 6 910 €Q4·24Q1 2025 Company: 9 720 €Q2 2025 Company: 10 566 €Q2·25Q3 2025 Company: 49 982 €Q4 2025 Company: 16 767 €Q4·25Q1 2026 Company: 19 412 €Q2 2026 Company: 11 312 €Q2·26Q3 2026 Company: 40 688 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 6 910 €Q1 2025 Company: 9 720 €Q1·25Q2 2025 Company: 10 566 €Q3 2025 Company: 49 982 €Q3·25Q4 2025 Company: 16 767 €Q1 2026 Company: 19 412 €Q1·26Q2 2026 Company: 11 312 €Q3 2026 Company: 40 688 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 72 357 40 688 17 182 3
Q2 2026 73 890 11 312 5 629 2
Q1 2026 88 422 19 412 10 559 2
Q4 2025 1 556 16 767 10 767 2
Q3 2025 321 120 49 982 28 285 2
Q2 2025 39 052 10 566 10 875 2
Q1 2025 26 670 9 720 10 242 2
Q4 2024 26 830 6 910 6 439 2
Q3 2024 30 318 8 324 8 390 2
Q2 2024 32 963 31 392 26 913 2
Q1 2024 58 000 17 615 17 862 2
Q4 2023 35 666 13 714 15 396 2
Q3 2023 41 900 7 905 8 409 4
Q2 2023 50 785 10 314 10 251 4
Q1 2023 29 752 17 766 19 000 4
Q4 2022 9 225 20 392 20 130 4
Q3 2022 114 677 48 210 25 125 4
Q2 2022 47 430 10 825 3 326 4
Q1 2022 156 701 34 728 16 920 4
Labour taxes per employee per month
1 909 €
Turnover per employee in the quarter
24 119 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 673 502 € · +139.4% vs 2024 · industry median 10 800 € · above 98% of the industry
02004006008002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 523 242 € Industry median: 8 998 €20192020 Company: 238 425 € Industry median: 8 779 €20202021 Company: 523 155 € Industry median: 9 884 €20212022 Company: 341 212 € Industry median: 10 945 €20222023 Company: 311 431 € Industry median: 11 079 €20232024 Company: 281 307 € Industry median: 10 766 €20242025 Company: 673 502 € Industry median: 10 800 €202502004006008002018 Company: — Industry median: —2019 Company: 523 242 € Industry median: 8 998 €20192020 Company: 238 425 € Industry median: 8 779 €2021 Company: 523 155 € Industry median: 9 884 €20212022 Company: 341 212 € Industry median: 10 945 €2023 Company: 311 431 € Industry median: 11 079 €20232024 Company: 281 307 € Industry median: 10 766 €2025 Company: 673 502 € Industry median: 10 800 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 320 775 € · +1 980.8% vs 2024 · industry median 284 € · above 98% of the industry
-10001002003004002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 130 847 € Industry median: 966 €20192020 Company: -42 242 € Industry median: 760 €20202021 Company: 164 039 € Industry median: 1 171 €20212022 Company: -65 760 € Industry median: 470 €20222023 Company: -61 009 € Industry median: 681 €20232024 Company: -17 055 € Industry median: 538 €20242025 Company: 320 775 € Industry median: 284 €2025-10001002003004002018 Company: — Industry median: —2019 Company: 130 847 € Industry median: 966 €20192020 Company: -42 242 € Industry median: 760 €2021 Company: 164 039 € Industry median: 1 171 €20212022 Company: -65 760 € Industry median: 470 €2023 Company: -61 009 € Industry median: 681 €20232024 Company: -17 055 € Industry median: 538 €2025 Company: 320 775 € Industry median: 284 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 47.6 % · +53.7 pp vs the year before · industry median 22.0 % · above 66% of the industry
-2002040602016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 25.0 % Industry median: 31.9 %20192020 Company: -17.7 % Industry median: 32.1 %20202021 Company: 31.4 % Industry median: 35.7 %20212022 Company: -19.3 % Industry median: 27.6 %20222023 Company: -19.6 % Industry median: 28.4 %20232024 Company: -6.1 % Industry median: 25.0 %20242025 Company: 47.6 % Industry median: 22.0 %2025-2002040602018 Company: — Industry median: —2019 Company: 25.0 % Industry median: 31.9 %20192020 Company: -17.7 % Industry median: 32.1 %2021 Company: 31.4 % Industry median: 35.7 %20212022 Company: -19.3 % Industry median: 27.6 %2023 Company: -19.6 % Industry median: 28.4 %20232024 Company: -6.1 % Industry median: 25.0 %2025 Company: 47.6 % Industry median: 22.0 %2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 982 328 € · +26.0% vs 2024
02004006008001 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 388 852 €20192020 Company: 435 087 €20202021 Company: 655 566 €20212022 Company: 604 372 €20222023 Company: 714 083 €20232024 Company: 779 648 €20242025 Company: 982 328 €202502004006008001 0002018 Company: —2019 Company: 388 852 €20192020 Company: 435 087 €2021 Company: 655 566 €20212022 Company: 604 372 €2023 Company: 714 083 €20232024 Company: 779 648 €2025 Company: 982 328 €2025
Equity, € thousand 2025: 392 436 € · +447.6% vs 2024
01002003004002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 93 688 €20192020 Company: 51 446 €20202021 Company: 215 485 €20212022 Company: 149 725 €20222023 Company: 88 716 €20232024 Company: 71 661 €20242025 Company: 392 436 €202501002003004002018 Company: —2019 Company: 93 688 €20192020 Company: 51 446 €2021 Company: 215 485 €20212022 Company: 149 725 €2023 Company: 88 716 €20232024 Company: 71 661 €2025 Company: 392 436 €2025
Employees 2025: 3 · +0.0% vs 2024 · industry median 1 · above 93% of the industry
0123452016 Company: 2 Industry median: —20162017 Company: 1 Industry median: —20172018 Company: 3 Industry median: 120182019 Company: 4 Industry median: 120192020 Company: 4 Industry median: 120202021 Company: 3 Industry median: 120212022 Company: 5 Industry median: 120222023 Company: 5 Industry median: 120232024 Company: 3 Industry median: 120242025 Company: 3 Industry median: 120250123452018 Company: 3 Industry median: 12019 Company: 4 Industry median: 120192020 Company: 4 Industry median: 12021 Company: 3 Industry median: 120212022 Company: 5 Industry median: 12023 Company: 5 Industry median: 120232024 Company: 3 Industry median: 12025 Company: 3 Industry median: 12025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (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 673 502 320 775 130 119 982 328 392 436 3
2024 281 307 -17 055 120 370 779 648 71 661 3
2023 311 431 -61 009 166 774 714 083 88 716 5
2022 341 212 -65 760 152 069 604 372 149 725 5
2021 523 155 164 039 85 704 655 566 215 485 3
2020 238 425 -42 242 106 054 435 087 51 446 4
2019 523 242 130 847 87 858 388 852 93 688 4
2018 — — — — — 3
2017 — — — — — 1
2016 — — — — — 2
2015 — — — — — 4
2014 — — — — — 7
2013 — — — — — 5
2012 — — — — — 4
2011 — — — — — 5
2010 — — — — — 5
2009 — — — — — 5
2008 — — — — — 5
2007 — — — — — 3
2006 — — — — — 1

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
47.6 %
Net profit / revenue
Return on equity (ROE)
81.7 %
Net profit / equity
Return on assets (ROA)
32.7 %
Net profit / assets
Equity ratio
39.9 %
Equity / assets
Debt ratio
60.1 %
Liabilities / assets
Current ratio
1.67
Current assets / current liabilities
Revenue per employee
224 501 €
Revenue / average full-time employees
Labour cost per employee per month
3 614 €
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 5 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 3 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 21 Feb 2022 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 28 Feb 2021 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

  • Tõnis-Martin Kons
    Over 50% of voting rights in the consolidated entity · since 30 Oct 2018

Founders and other persons

  • Osaühing WASP PROJECT
    Founder · 40 000 € · 20 Oct 2005
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 70201Business and other management consultancy activities Main
Rulings
Number, date Title Deadline State Document
Ä 10092666 / 17
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10092666 / 16
29 Jun 2020
Amendment under Commercial Code § 525 (2) In force
29 Jun 2020
PDF
Ä 10092666 / M6
20 Dec 2018
Ruling annulling a ruling In force
20 Dec 2018
PDF
Ä 10092666 / 15
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10092666 / 14
29 Nov 2017
Amendment entry In force
29 Nov 2017
PDF
Ä 10092666 / 13
18 Oct 2016
Amendment under Commercial Code § 525 (2) In force
18 Oct 2016
PDF
Ä 10092666 / M4
9 Mar 2016
Warning of deletion from the register: annual report not filed 10 Sep 2016 Deficiencies eliminated
30 Jun 2016
PDF
Ä 10092666 / 12
3 Nov 2015
Amendment under Commercial Code § 525 (2) In force
3 Nov 2015
PDF
Ä 10092666 / 11
8 May 2012
Amendment under Commercial Code § 525 (2) In force
8 May 2012
PDF
Ä 10092666 / 10
4 Apr 2012
Amendment entry In force
4 Apr 2012
PDF
Ä 10092666 / M3
27 Feb 2012
Refund of the state fee In force
27 Feb 2012
PDF
Ä 10092666 / 9
23 Nov 2011
Amendment entry In force
23 Nov 2011
PDF
Ä 10092666 / M2
9 Nov 2011
Ruling to eliminate deficiencies 9 Dec 2011 In force
9 Nov 2011
PDF
Ä 10092666 / 8
4 May 2011
Amendment entry In force
4 May 2011
PDF
Ä 10092666 / 7
30 Jul 2010
Division entry (second, constitutive) In force
30 Jul 2010
PDF
Ä 10092666 / M1
1 Jul 2010
Ruling to eliminate deficiencies 16 Aug 2010 In force
1 Jul 2010
PDF
Ä 92666 / 6
16 Jul 2009
Amendment entry In force
16 Jul 2009
PDF
Ä 92666 / 5
3 Dec 2008
Deletion of activities from the registry card In force
30 Dec 2008
PDF
Ä 92666 / 4
21 Feb 2008
Amendment entry In force
21 Feb 2008
PDF
Ä 92666 / 3
3 May 2006
Amendment entry In force
3 May 2006
PDF
Ä 92666 / 2
20 Oct 2005
Entry decision on the register’s own initiative In force PDF
Ä 92666
19 Oct 2005
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