Svea Finance AS

Active Registry code 11200943 AS Tallinn Registered 22 Dec 2005
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Svea Finance AS is a AS based in Tallinn, registry code 11200943, status: active. Main activity: Other financial service activities, except insurance and pension funding n.e.c.. According to EMTA, turnover for Q3 2026 was €225 774 with 14 employees.

Turnover
225 774 €
↑ 65.3% vs Q2 2026
State taxes
124 010 €
↑ 35.8% vs Q2 2026
Labour taxes
89 691 €
↓ 4.9% vs Q2 2026
Employees
14
±0 vs Q2 2026

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

Position in the industry Financial service activities, except insurance and pension funding · EMTAK 64

  • Turnover · Q3 2026 225 774 €
    industry median 13 555 € · companies in the industry: 547
  • Labour taxes per employee 6 407 €
    industry median 2 214 € · companies in the industry: 443
  • Revenue · 2025 137 101 €
    industry median 0 € · companies in the industry: 3 672
  • Net profit margin · 2025 -224.0 %
    industry median 34.4 % · companies in the industry: 770

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 225 774 € · +65.3% vs Q2 2026 · industry median 13 555 € · above 87% of the industry
050100150200250Q4 2023 Company: 183 608 € Industry median: 14 078 €Q4·23Q1 2024 Company: 116 153 € Industry median: 17 274 €Q2 2024 Company: 108 364 € Industry median: 13 884 €Q2·24Q3 2024 Company: 80 520 € Industry median: 13 160 €Q4 2024 Company: 88 292 € Industry median: 15 008 €Q4·24Q1 2025 Company: 102 748 € Industry median: 16 276 €Q2 2025 Company: 135 615 € Industry median: 16 066 €Q2·25Q3 2025 Company: 233 460 € Industry median: 12 383 €Q4 2025 Company: 125 768 € Industry median: 15 000 €Q4·25Q1 2026 Company: 130 982 € Industry median: 16 305 €Q2 2026 Company: 136 595 € Industry median: 14 161 €Q2·26Q3 2026 Company: 225 774 € Industry median: 13 555 €Q3·26050100150200250Q4 2024 Company: 88 292 € Industry median: 15 008 €Q1 2025 Company: 102 748 € Industry median: 16 276 €Q1·25Q2 2025 Company: 135 615 € Industry median: 16 066 €Q3 2025 Company: 233 460 € Industry median: 12 383 €Q3·25Q4 2025 Company: 125 768 € Industry median: 15 000 €Q1 2026 Company: 130 982 € Industry median: 16 305 €Q1·26Q2 2026 Company: 136 595 € Industry median: 14 161 €Q3 2026 Company: 225 774 € Industry median: 13 555 €Q3·26
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 6 407 € · −4.9% vs Q2 2026 · industry median 2 214 € · above 78% of the industry
02 0004 0006 0008 000Q4 2023 Company: 5 177 € Industry median: 2 331 €Q4·23Q1 2024 Company: 5 780 € Industry median: 2 206 €Q2 2024 Company: 6 039 € Industry median: 2 448 €Q2·24Q3 2024 Company: 6 470 € Industry median: 2 272 €Q4 2024 Company: 6 076 € Industry median: 2 438 €Q4·24Q1 2025 Company: 6 585 € Industry median: 2 659 €Q2 2025 Company: 6 269 € Industry median: 2 225 €Q2·25Q3 2025 Company: 5 938 € Industry median: 2 338 €Q4 2025 Company: 6 680 € Industry median: 2 418 €Q4·25Q1 2026 Company: 6 348 € Industry median: 2 338 €Q2 2026 Company: 6 736 € Industry median: 2 196 €Q2·26Q3 2026 Company: 6 407 € Industry median: 2 214 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 6 076 € Industry median: 2 438 €Q1 2025 Company: 6 585 € Industry median: 2 659 €Q1·25Q2 2025 Company: 6 269 € Industry median: 2 225 €Q3 2025 Company: 5 938 € Industry median: 2 338 €Q3·25Q4 2025 Company: 6 680 € Industry median: 2 418 €Q1 2026 Company: 6 348 € Industry median: 2 338 €Q1·26Q2 2026 Company: 6 736 € Industry median: 2 196 €Q3 2026 Company: 6 407 € Industry median: 2 214 €Q3·26
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 14 · +0.0% vs Q2 2026
05101520Q4 2023 Company: 17Q4·23Q1 2024 Company: 16Q2 2024 Company: 17Q2·24Q3 2024 Company: 16Q4 2024 Company: 16Q4·24Q1 2025 Company: 15Q2 2025 Company: 15Q2·25Q3 2025 Company: 16Q4 2025 Company: 14Q4·25Q1 2026 Company: 14Q2 2026 Company: 14Q2·26Q3 2026 Company: 14Q3·2605101520Q4 2024 Company: 16Q1 2025 Company: 15Q1·25Q2 2025 Company: 15Q3 2025 Company: 16Q3·25Q4 2025 Company: 14Q1 2026 Company: 14Q1·26Q2 2026 Company: 14Q3 2026 Company: 14Q3·26
State taxes, € thousand Q3 2026: 124 010 € · +35.8% vs Q2 2026
050100150Q4 2023 Company: 120 724 €Q4·23Q1 2024 Company: 127 590 €Q2 2024 Company: 119 442 €Q2·24Q3 2024 Company: 114 273 €Q4 2024 Company: 110 014 €Q4·24Q1 2025 Company: 121 792 €Q2 2025 Company: 108 378 €Q2·25Q3 2025 Company: 106 710 €Q4 2025 Company: 114 948 €Q4·25Q1 2026 Company: 96 403 €Q2 2026 Company: 91 337 €Q2·26Q3 2026 Company: 124 010 €Q3·260255075100125Q4 2024 Company: 110 014 €Q1 2025 Company: 121 792 €Q1·25Q2 2025 Company: 108 378 €Q3 2025 Company: 106 710 €Q3·25Q4 2025 Company: 114 948 €Q1 2026 Company: 96 403 €Q1·26Q2 2026 Company: 91 337 €Q3 2026 Company: 124 010 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 225 774 124 010 89 691 14
Q2 2026 136 595 91 337 94 301 14
Q1 2026 130 982 96 403 88 876 14
Q4 2025 125 768 114 948 93 523 14
Q3 2025 233 460 106 710 95 002 16
Q2 2025 135 615 108 378 94 035 15
Q1 2025 102 748 121 792 98 774 15
Q4 2024 88 292 110 014 97 213 16
Q3 2024 80 520 114 273 103 520 16
Q2 2024 108 364 119 442 102 668 17
Q1 2024 116 153 127 590 92 481 16
Q4 2023 183 608 120 724 88 014 17
Q3 2023 163 318 118 451 89 223 16
Q2 2023 187 033 120 679 84 639 16
Q1 2023 173 351 108 959 82 209 17
Q4 2022 172 707 107 396 78 698 17
Q3 2022 202 162 108 933 75 848 17
Q2 2022 219 047 109 450 73 718 18
Q1 2022 234 532 110 019 75 863 17
Labour taxes per employee per month
2 136 €
Turnover per employee in the quarter
16 127 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 137 101 € · −23.6% vs 2024 · industry median 0 € · above 98% of the industry
0501001502002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 0 €20192020 Company: 0 € Industry median: 0 €20202021 Company: 0 € Industry median: 0 €20212022 Company: 0 € Industry median: 0 €20222023 Company: 0 € Industry median: 0 €20232024 Company: 179 337 € Industry median: 0 €20242025 Company: 137 101 € Industry median: 0 €20250501001502002018 Company: — Industry median: —2019 Company: — Industry median: 0 €20192020 Company: 0 € Industry median: 0 €2021 Company: 0 € Industry median: 0 €20212022 Company: 0 € Industry median: 0 €2023 Company: 0 € Industry median: 0 €20232024 Company: 179 337 € Industry median: 0 €2025 Company: 137 101 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -307 065 € · −271.2% vs 2024 · industry median 0 € · above 2% of the industry
-400-20002004006002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 77 170 € Industry median: 0 €20192020 Company: 106 333 € Industry median: 0 €20202021 Company: 548 314 € Industry median: 0 €20212022 Company: 470 654 € Industry median: 0 €20222023 Company: 392 120 € Industry median: 0 €20232024 Company: 179 337 € Industry median: 0 €20242025 Company: -307 065 € Industry median: 0 €2025-400-20002004006002018 Company: — Industry median: —2019 Company: 77 170 € Industry median: 0 €20192020 Company: 106 333 € Industry median: 0 €2021 Company: 548 314 € Industry median: 0 €20212022 Company: 470 654 € Industry median: 0 €2023 Company: 392 120 € Industry median: 0 €20232024 Company: 179 337 € Industry median: 0 €2025 Company: -307 065 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -224.0 % · −324.0 pp vs the year before · industry median 34.4 % · above 8% of the industry
-300-200-10001002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 39.3 %20192020 Company: — Industry median: 42.1 %20202021 Company: — Industry median: 45.0 %20212022 Company: — Industry median: 26.3 %20222023 Company: — Industry median: 41.1 %20232024 Company: 100.0 % Industry median: 35.8 %20242025 Company: -224.0 % Industry median: 34.4 %2025-300-200-10001002018 Company: — Industry median: —2019 Company: — Industry median: 39.3 %20192020 Company: — Industry median: 42.1 %2021 Company: — Industry median: 45.0 %20212022 Company: — Industry median: 26.3 %2023 Company: — Industry median: 41.1 %20232024 Company: 100.0 % Industry median: 35.8 %2025 Company: -224.0 % Industry median: 34.4 %2025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 15 850 860 € · −7.9% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 12 180 171 €20192020 Company: 14 052 219 €20202021 Company: 16 319 106 €20212022 Company: 18 745 288 €20222023 Company: 19 532 039 €20232024 Company: 17 215 905 €20242025 Company: 15 850 860 €202505 00010 00015 00020 0002018 Company: —2019 Company: 12 180 171 €20192020 Company: 14 052 219 €2021 Company: 16 319 106 €20212022 Company: 18 745 288 €2023 Company: 19 532 039 €20232024 Company: 17 215 905 €2025 Company: 15 850 860 €2025
Equity, € thousand 2025: 3 337 624 € · −9.0% vs 2024
01 0002 0003 0004 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 971 056 €20192020 Company: 2 077 389 €20202021 Company: 2 625 703 €20212022 Company: 3 096 357 €20222023 Company: 3 488 478 €20232024 Company: 3 667 815 €20242025 Company: 3 337 624 €202501 0002 0003 0004 0002018 Company: —2019 Company: 1 971 056 €20192020 Company: 2 077 389 €2021 Company: 2 625 703 €20212022 Company: 3 096 357 €2023 Company: 3 488 478 €20232024 Company: 3 667 815 €2025 Company: 3 337 624 €2025
Employees 2025: 15 · −11.8% vs 2024 · industry median 1 · above 92% of the industry
051015202016 Company: 14 Industry median: —20162017 Company: 15 Industry median: —20172018 Company: 16 Industry median: 120182019 Company: 16 Industry median: 120192020 Company: 17 Industry median: 120202021 Company: 17 Industry median: 120212022 Company: 17 Industry median: 120222023 Company: 18 Industry median: 120232024 Company: 17 Industry median: 120242025 Company: 15 Industry median: 12025051015202018 Company: 16 Industry median: 12019 Company: 16 Industry median: 120192020 Company: 17 Industry median: 12021 Company: 17 Industry median: 120212022 Company: 17 Industry median: 12023 Company: 18 Industry median: 120232024 Company: 17 Industry median: 12025 Company: 15 Industry median: 12025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (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 137 101 -307 065 856 437 15 850 860 3 337 624 15
2024 179 337 179 337 935 167 17 215 905 3 667 815 17
2023 0 392 120 818 046 19 532 039 3 488 478 18
2022 0 470 654 735 308 18 745 288 3 096 357 17
2021 0 548 314 647 044 16 319 106 2 625 703 17
2020 0 106 333 644 915 14 052 219 2 077 389 17
2019 — 77 170 576 381 12 180 171 1 971 056 16
2018 — — — — — 16
2017 — — — — — 15
2016 — — — — — 14
2015 — — — — — 15
2014 — — — — — 14
2013 — — — — — 14
2012 — — — — — 12
2011 — — — — — 8
2010 — — — — — 6
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

Return on equity (ROE)
-9.2 %
Net profit / equity
Return on assets (ROA)
-1.9 %
Net profit / assets
Equity ratio
21.1 %
Equity / assets
Debt ratio
78.9 %
Liabilities / assets
Current ratio
0.91
Current assets / current liabilities
Labour cost per employee per month
4 758 €
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 30 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 29 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 29 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 29 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Jun 2020 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Eric Puulmann
    Board member · since 27 Aug 2013
  • Jukka-Pekka Toivonen
    Board member · since 19 Mar 2025

Right of representation

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

Owners

No owner information.

Beneficial owners

Founders and other persons

  • Helsingin Ostoluotto OY
    Founder · 40 000 € · 7 Dec 2005
  • BDO Eesti OÜ
    Audit firm · 4 Jun 2025
  • Pasi Väre
    Chairman of the supervisory board · 14 Aug 2024
  • Jukka Kristian Rytkönen
    Supervisory board member · 9 Aug 2024
  • Hans-Birger Nordstörn
    Supervisory board member · 14 Aug 2024
  • Omanikukonto: Svea Bank AB, filial i Finland
    Shareholder · 25 000 € · 17 Apr 2024

Activities (EMTAK)

  • 64991Other financial service activities, except insurance and pension funding n.e.c. Main
Rulings
Number, date Title Deadline State Document
Ä 10094479 / 17
12 Dec 2025
Second (constitutive) merger entry In force
12 Dec 2025
PDF
Ä 10094479 / 16
19 Mar 2025
Amendment entry In force
19 Mar 2025
PDF
Ä 10094479 / M11
10 Mar 2025
Ruling to eliminate deficiencies 25 Mar 2025 Deficiencies eliminated
19 Mar 2025
PDF
Ä 10094479 / 15
11 Dec 2024
Entry refused: deficiencies not eliminated In force
3 Jan 2025
PDF
Ä 10094479 / M10
7 Nov 2024
Procedural ruling In force
7 Nov 2024
PDF
Ä 10094479 / M9
7 Oct 2024
Ruling to eliminate deficiencies 6 Nov 2024 In force
23 Oct 2024
PDF
Ä 10094479 / 14
3 Apr 2023
Entry refused: deficiencies not eliminated In force
3 May 2023
PDF
Ä 10094479 / M8
13 Mar 2023
Procedural ruling In force
13 Mar 2023
PDF
Ä 10094479 / M7
22 Feb 2023
Ruling to eliminate deficiencies 15 Mar 2023 In force
16 Feb 2023
PDF
Ä 10094479 / M6
16 Feb 2023
Ruling to eliminate deficiencies 3 Mar 2023 In force
4 Mar 2023
PDF
Ä 10094479 / M5
20 Sep 2021
Procedural ruling 20 Oct 2021 Deficiencies eliminated
18 Oct 2021
PDF
Ä 10094479 / M4
20 Sep 2021
Ruling annulling a ruling In force
20 Sep 2021
PDF
Ä 10094479 / 13
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10094479 / 12
29 Nov 2017
Amendment entry In force
29 Nov 2017
PDF
Ä 10094479 / 11
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10094479 / 10
15 Feb 2016
Amendment under Commercial Code § 525 (2) In force
15 Feb 2016
PDF
Ä 10094479 / 9
16 Jan 2014
Amendment entry In force
16 Jan 2014
PDF
Ä 10094479 / 8
27 Aug 2013
Transformation entry In force
27 Aug 2013
PDF
Ä 10094479 / 7
27 Aug 2013
Amendment entry In force
27 Aug 2013
PDF
Ä 10094479 / 6
13 Mar 2013
Amendment entry In force
13 Mar 2013
PDF
Ä 10094479 / M2
8 Feb 2013
Ruling to eliminate deficiencies 11 Mar 2013 In force
8 Feb 2013
PDF
Ä 10094479 / 5
4 Dec 2012
Entry refused: deficiencies not eliminated In force
4 Dec 2012
PDF
Ä 10094479 / 4
20 Oct 2011
Amendment entry In force
20 Oct 2011
PDF
Ä 10094479 / M1
12 Oct 2011
Ruling to eliminate deficiencies 14 Nov 2011 In force
12 Oct 2011
PDF
Ä 94479 / 3
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
Ä 94479 / 2
15 Nov 2006
Amendment entry In force
15 Nov 2006
PDF
Ä 94479
20 Dec 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