GSMvalve OÜ

Active Registry code 11181045 OÜ Tallinn Registered 27 Oct 2005

GSMvalve OÜ is a OÜ based in Tallinn, registry code 11181045, status: active. Main activity: Web search portal activities. According to EMTA, turnover for Q3 2026 was €1 240 956 with 20 employees.

Turnover

1 240 956 €

↑ 3.1% vs Q2 2026

State taxes

179 720 €

↓ 10.2% vs Q2 2026

Labour taxes

85 148 €

↑ 0.5% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Computing infrastructure, data processing, hosting and other information service activities · EMTAK 63

Turnover · Q3 2026 1.2 mn €

above 98% of companies

industry median 17 575 € · companies in the industry: 1 012
Labour taxes per employee 4 257 €

above 73% of companies

industry median 2 135 € · companies in the industry: 423
Revenue · 2025 4.3 mn €

above 98% of companies

industry median 5 110 € · companies in the industry: 2 187
Net profit margin · 2025 21.8 %

above 61% of companies

industry median 9.5 % · companies in the industry: 1 292

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 1 240 956 € · +3.1% vs Q2 2026 · industry median 17 575 € · above 98% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 257 € · +0.5% vs Q2 2026 · industry median 2 135 € · above 73% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 20 · +0.0% vs Q2 2026

State taxes, € thousand Q3 2026: 179 720 € · −10.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	1 240 956	179 720	85 148	20
Q2 2026	1 204 105	200 073	84 754	20
Q1 2026	1 079 735	215 130	89 057	18
Q4 2025	1 178 525	192 643	85 450	20
Q3 2025	1 046 084	159 205	86 164	19
Q2 2025	1 069 951	176 008	90 193	20
Q1 2025	1 109 252	253 608	92 033	19
Q4 2024	990 636	226 012	85 153	21
Q3 2024	910 771	149 016	88 605	20
Q2 2024	1 059 320	170 720	81 378	21
Q1 2024	969 004	168 068	78 373	22
Q4 2023	968 067	148 151	74 953	20
Q3 2023	924 996	154 031	79 437	20
Q2 2023	982 705	159 699	75 473	23
Q1 2023	821 341	152 148	77 126	22
Q4 2022	809 262	133 042	76 615	21
Q3 2022	883 313	137 900	80 484	24
Q2 2022	863 400	105 981	65 688	23
Q1 2022	901 144	130 438	65 486	21

Labour taxes per employee per month

1 419 €

Turnover per employee in the quarter

62 048 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 4 280 563 € · +15.3% vs 2024 · industry median 5 110 € · above 98% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 931 812 € · +337.0% vs 2024 · industry median 0 € · above 98% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 21.8 % · +16.0 pp vs the year before · industry median 9.5 % · above 61% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 7 286 992 € · +23.0% vs 2024

Equity, € thousand 2025: 5 243 412 € · +19.4% vs 2024

Employees 2025: 21 · +0.0% vs 2024 · industry median 1 · above 98% of the industry

Company
Industry median

Industry: Computing infrastructure, data processing, hosting and other information service 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	4 280 563	931 812	805 103	7 286 992	5 243 412	21
2024	3 712 523	213 208	786 314	5 924 263	4 391 600	21
2023	3 535 375	844 728	695 744	5 566 573	4 760 392	20
2022	3 238 724	159 219	680 446	4 367 116	3 985 664	20
2021	3 009 967	735 722	538 346	5 639 244	3 826 658	20
2020	2 945 165	-875 834	543 996	5 725 525	3 053 476	19
2019	2 872 374	346 222	542 814	5 933 972	4 020 310	19
2018	—	—	—	—	—	19
2017	—	—	—	—	—	18
2016	—	—	—	—	—	18
2015	—	—	—	—	—	26
2014	—	—	—	—	—	28
2013	—	—	—	—	—	29
2012	—	—	—	—	—	29
2011	—	—	—	—	—	28
2010	—	—	—	—	—	20
2009	—	—	—	—	—	23

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

21.8 %

Net profit / revenue

Return on equity (ROE)

17.8 %

Net profit / equity

Return on assets (ROA)

12.8 %

Net profit / assets

Equity ratio

72.0 %

Equity / assets

Debt ratio

28.0 %

Liabilities / assets

Current ratio

3.80

Current assets / current liabilities

Revenue per employee

203 836 €

Revenue / average full-time employees

Labour cost per employee per month

3 195 €

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	29 Jun 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	23 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	19 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	17 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	27 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	13 Jul 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	10 Nov 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
3	600 000 €	Luminor Bank AS	4 Apr 2013 – in force
2	1 000 000 €	Luminor Bank AS	12 Dec 2011 – in force
1	3 000 000 EEK	Luminor Bank AS	30 Oct 2008 – in force

Board

Hans Alter
Board member · since 27 Oct 2005
Nasdaq CSD SE
Keeper of the share register · since 28 Sep 2017

Right of representation

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

Owners

Omanikukonto: Hans Alter
Natural person · 40 000 €

100%

Owner in

Beneficial owners

Hans Alter
Direct ownership · since 22 Oct 2018

Founders and other persons

Hans Alter
Founder · 40 000 € · 27 Oct 2005
Aadu Kaar
Audit firm · 29 Jun 2010
AAB AUDIITORTEENUSED OÜ
Audit firm · 10 Jun 2011

shared board members, owners or beneficial owners

Activities (EMTAK)

63911Web search portal activities Main
47821Retail sale of motor vehicle parts and accessories
80091Security activities n.e.c.

Rulings 30

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
K 10089221 / 23 27 Aug 2024	Commercial pledge amended		In force 27 Aug 2024	PDF
K 10089221 / 22 27 Aug 2024	Commercial pledge amended		In force 27 Aug 2024	PDF
K 10089221 / 21 27 Aug 2024	Commercial pledge amended		In force 27 Aug 2024	PDF
K 10089221 / 20 27 Aug 2024	Commercial pledge amended		In force 27 Aug 2024	PDF
Ä 10089221 / 19 2 Aug 2024	Amendment entry		In force 2 Aug 2024	PDF
Ä 10089221 / 18 27 May 2020	Amendment entry		In force 27 May 2020	PDF
Ä 10089221 / 17 6 Mar 2020	Amendment entry		In force 6 Mar 2020	PDF
Ä 10089221 / 16 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10089221 / 15 8 Nov 2017	Amendment entry		In force 8 Nov 2017	PDF
Ä 10089221 / 14 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10089221 / 13 29 Sep 2016	Amendment entry		In force 29 Sep 2016	PDF
Ä 10089221 / 12 15 Aug 2013	Amendment under Commercial Code § 525 (2)		In force 15 Aug 2013	PDF
K 10089221 / 11 4 Apr 2013	Commercial pledge entered		In force 4 Apr 2013	PDF
K 10122396 / 3 12 Dec 2011	Commercial pledge entered		In force 12 Dec 2011	PDF
Ä 10089221 / 10 20 Jan 2011	Amendment entry		In force 20 Jan 2011	PDF
Ä 10089221 / 9 18 May 2010	Amendment entry		In force 18 May 2010	PDF
K 10122396 / 2 8 Apr 2010	Commercial pledge amended		In force 8 Apr 2010	PDF
Ä 89221 / 8 7 Sep 2009	Amendment entry		In force 7 Sep 2009	PDF
Ä 89221 / 7 21 Jul 2009	Note on registration of shares in the Estonian central register of securities		In force 21 Jul 2009	PDF
Ä 89221 / 6 8 Apr 2009	Amendment entry		In force 8 Apr 2009	PDF
Ä 89221 / 5 3 Dec 2008	Deletion of activities from the registry card		In force 4 Dec 2008	PDF
K 122396 30 Oct 2008	Commercial pledge entered		In force 30 Oct 2008	PDF
Ä 89221 / 4 12 Sep 2007	Amendment entry		In force 12 Sep 2007	PDF
Ä 89221 / 3 4 Aug 2006	Amendment entry		In force 4 Aug 2006	PDF
Ä 89221 / 2 31 Oct 2005	Amendment entry		In force	PDF
Ä 89221 27 Oct 2005	First entry		In force	PDF
Ä 89221 / M4 21 Oct 2005	Ruling to eliminate deficiencies (to be served)		In force	PDF
Ä 89221 / M3 26 Sep 2005	Ruling to eliminate deficiencies (to be served)		In force	PDF
Ä 89221 / M2 1 Aug 2005	Ruling to eliminate deficiencies (to be served)	10 Oct 2005	In force	PDF
Ä 89221 / M1 7 Jun 2005	Ruling to eliminate deficiencies (to be served)		In force	PDF

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

GSMvalve OÜ

Position in the industry Computing infrastructure, data processing, hosting and other information service activities · EMTAK 63

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 30