Aktsiaselts Modera

Active Registry code 11383889 AS Tallinn Registered 27 Apr 2007
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Aktsiaselts Modera is a AS based in Tallinn, registry code 11383889, status: active. Main activity: Other software publishing. According to EMTA, turnover for Q3 2026 was €795 487 with 16 employees.

Turnover
795 487 €
↑ 9.8% vs Q2 2026
State taxes
167 776 €
↑ 11.4% vs Q2 2026
Labour taxes
173 041 €
↑ 11.0% vs Q2 2026
Employees
16
−2 vs Q2 2026

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

Position in the industry Publishing activities · EMTAK 58

  • Turnover · Q3 2026 795 487 €
    industry median 9 319 € · companies in the industry: 766
  • Labour taxes per employee 10 815 €
    industry median 2 036 € · companies in the industry: 224
  • Revenue · 2025 2.5 mn €
    industry median 5 175 € · companies in the industry: 1 328
  • Net profit margin · 2025 8.0 %
    industry median 4.4 % · companies in the industry: 825

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 795 487 € · +9.8% vs Q2 2026 · industry median 9 319 € · above 98% of the industry
0200400600800Q4 2023 Company: 622 538 € Industry median: 13 258 €Q4·23Q1 2024 Company: 652 329 € Industry median: 14 046 €Q2 2024 Company: 757 861 € Industry median: 11 785 €Q2·24Q3 2024 Company: 458 838 € Industry median: 13 362 €Q4 2024 Company: 508 574 € Industry median: 14 000 €Q4·24Q1 2025 Company: 691 337 € Industry median: 14 441 €Q2 2025 Company: 780 970 € Industry median: 12 185 €Q2·25Q3 2025 Company: 560 656 € Industry median: 11 095 €Q4 2025 Company: 654 014 € Industry median: 11 709 €Q4·25Q1 2026 Company: 684 876 € Industry median: 10 933 €Q2 2026 Company: 724 635 € Industry median: 9 774 €Q2·26Q3 2026 Company: 795 487 € Industry median: 9 319 €Q3·260200400600800Q4 2024 Company: 508 574 € Industry median: 14 000 €Q1 2025 Company: 691 337 € Industry median: 14 441 €Q1·25Q2 2025 Company: 780 970 € Industry median: 12 185 €Q3 2025 Company: 560 656 € Industry median: 11 095 €Q3·25Q4 2025 Company: 654 014 € Industry median: 11 709 €Q1 2026 Company: 684 876 € Industry median: 10 933 €Q1·26Q2 2026 Company: 724 635 € Industry median: 9 774 €Q3 2026 Company: 795 487 € Industry median: 9 319 €Q3·26
  • Company
  • Industry median

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

Labour taxes per employee, € Q3 2026: 10 815 € · +24.9% vs Q2 2026 · industry median 2 036 € · above 98% of the industry
02 5005 0007 50010 00012 500Q4 2023 Company: 9 149 € Industry median: 1 629 €Q4·23Q1 2024 Company: 9 461 € Industry median: 1 764 €Q2 2024 Company: 10 340 € Industry median: 1 809 €Q2·24Q3 2024 Company: 10 819 € Industry median: 1 815 €Q4 2024 Company: 10 070 € Industry median: 1 862 €Q4·24Q1 2025 Company: 10 600 € Industry median: 1 900 €Q2 2025 Company: 8 023 € Industry median: 2 000 €Q2·25Q3 2025 Company: 9 487 € Industry median: 1 931 €Q4 2025 Company: 8 470 € Industry median: 2 120 €Q4·25Q1 2026 Company: 7 156 € Industry median: 1 990 €Q2 2026 Company: 8 658 € Industry median: 1 943 €Q2·26Q3 2026 Company: 10 815 € Industry median: 2 036 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 10 070 € Industry median: 1 862 €Q1 2025 Company: 10 600 € Industry median: 1 900 €Q1·25Q2 2025 Company: 8 023 € Industry median: 2 000 €Q3 2025 Company: 9 487 € Industry median: 1 931 €Q3·25Q4 2025 Company: 8 470 € Industry median: 2 120 €Q1 2026 Company: 7 156 € Industry median: 1 990 €Q1·26Q2 2026 Company: 8 658 € Industry median: 1 943 €Q3 2026 Company: 10 815 € Industry median: 2 036 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 16 · −11.1% vs Q2 2026
05101520Q4 2023 Company: 12Q4·23Q1 2024 Company: 14Q2 2024 Company: 14Q2·24Q3 2024 Company: 13Q4 2024 Company: 13Q4·24Q1 2025 Company: 13Q2 2025 Company: 16Q2·25Q3 2025 Company: 15Q4 2025 Company: 16Q4·25Q1 2026 Company: 20Q2 2026 Company: 18Q2·26Q3 2026 Company: 16Q3·2605101520Q4 2024 Company: 13Q1 2025 Company: 13Q1·25Q2 2025 Company: 16Q3 2025 Company: 15Q3·25Q4 2025 Company: 16Q1 2026 Company: 20Q1·26Q2 2026 Company: 18Q3 2026 Company: 16Q3·26
State taxes, € thousand Q3 2026: 167 776 € · +11.4% vs Q2 2026
050100150200Q4 2023 Company: 109 624 €Q4·23Q1 2024 Company: 146 308 €Q2 2024 Company: 149 267 €Q2·24Q3 2024 Company: 141 823 €Q4 2024 Company: 131 066 €Q4·24Q1 2025 Company: 154 880 €Q2 2025 Company: 139 397 €Q2·25Q3 2025 Company: 158 169 €Q4 2025 Company: 141 981 €Q4·25Q1 2026 Company: 134 003 €Q2 2026 Company: 150 583 €Q2·26Q3 2026 Company: 167 776 €Q3·26050100150200Q4 2024 Company: 131 066 €Q1 2025 Company: 154 880 €Q1·25Q2 2025 Company: 139 397 €Q3 2025 Company: 158 169 €Q3·25Q4 2025 Company: 141 981 €Q1 2026 Company: 134 003 €Q1·26Q2 2026 Company: 150 583 €Q3 2026 Company: 167 776 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 795 487 167 776 173 041 16
Q2 2026 724 635 150 583 155 835 18
Q1 2026 684 876 134 003 143 121 20
Q4 2025 654 014 141 981 135 519 16
Q3 2025 560 656 158 169 142 304 15
Q2 2025 780 970 139 397 128 373 16
Q1 2025 691 337 154 880 137 799 13
Q4 2024 508 574 131 066 130 914 13
Q3 2024 458 838 141 823 140 651 13
Q2 2024 757 861 149 267 144 757 14
Q1 2024 652 329 146 308 132 454 14
Q4 2023 622 538 109 624 109 791 12
Q3 2023 522 697 108 092 108 082 12
Q2 2023 831 762 101 125 104 037 11
Q1 2023 630 421 112 025 107 857 11
Q4 2022 545 121 109 820 105 356 11
Q3 2022 429 314 97 615 101 365 14
Q2 2022 420 247 88 335 94 049 14
Q1 2022 449 916 72 750 77 365 14
Labour taxes per employee per month
3 605 €
Turnover per employee in the quarter
49 718 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 2 521 367 € · +29.1% vs 2024 · industry median 5 175 € · above 98% of the industry
01 0002 0003 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 643 423 € Industry median: 7 908 €20192020 Company: 649 308 € Industry median: 6 940 €20202021 Company: 879 064 € Industry median: 6 116 €20212022 Company: 1 457 065 € Industry median: 8 375 €20222023 Company: 2 045 755 € Industry median: 7 880 €20232024 Company: 1 953 423 € Industry median: 5 831 €20242025 Company: 2 521 367 € Industry median: 5 175 €202501 0002 0003 0002018 Company: — Industry median: —2019 Company: 643 423 € Industry median: 7 908 €20192020 Company: 649 308 € Industry median: 6 940 €2021 Company: 879 064 € Industry median: 6 116 €20212022 Company: 1 457 065 € Industry median: 8 375 €2023 Company: 2 045 755 € Industry median: 7 880 €20232024 Company: 1 953 423 € Industry median: 5 831 €2025 Company: 2 521 367 € Industry median: 5 175 €2025
  • Company
  • Industry median

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

Net profit, € thousand 2025: 201 498 € · +148.5% vs 2024 · industry median 0 € · above 98% of the industry
-600-400-20002004002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 11 327 € Industry median: 399 €20192020 Company: 67 763 € Industry median: 143 €20202021 Company: -133 611 € Industry median: 88 €20212022 Company: -525 891 € Industry median: 5 €20222023 Company: -95 107 € Industry median: 0 €20232024 Company: -415 142 € Industry median: 0 €20242025 Company: 201 498 € Industry median: 0 €2025-600-400-20002004002018 Company: — Industry median: —2019 Company: 11 327 € Industry median: 399 €20192020 Company: 67 763 € Industry median: 143 €2021 Company: -133 611 € Industry median: 88 €20212022 Company: -525 891 € Industry median: 5 €2023 Company: -95 107 € Industry median: 0 €20232024 Company: -415 142 € Industry median: 0 €2025 Company: 201 498 € Industry median: 0 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 8.0 % · +29.2 pp vs the year before · industry median 4.4 % · above 56% of the industry
-40-30-20-10010202016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1.8 % Industry median: 10.2 %20192020 Company: 10.4 % Industry median: 10.8 %20202021 Company: -15.2 % Industry median: 10.1 %20212022 Company: -36.1 % Industry median: 7.6 %20222023 Company: -4.6 % Industry median: 6.4 %20232024 Company: -21.3 % Industry median: 5.9 %20242025 Company: 8.0 % Industry median: 4.4 %2025-40-30-20-10010202018 Company: — Industry median: —2019 Company: 1.8 % Industry median: 10.2 %20192020 Company: 10.4 % Industry median: 10.8 %2021 Company: -15.2 % Industry median: 10.1 %20212022 Company: -36.1 % Industry median: 7.6 %2023 Company: -4.6 % Industry median: 6.4 %20232024 Company: -21.3 % Industry median: 5.9 %2025 Company: 8.0 % Industry median: 4.4 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 7 508 050 € · +0.4% vs 2024
02 0004 0006 0008 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 3 343 692 €20192020 Company: 4 001 441 €20202021 Company: 6 281 337 €20212022 Company: 5 643 414 €20222023 Company: 6 811 701 €20232024 Company: 7 479 952 €20242025 Company: 7 508 050 €202502 0004 0006 0008 0002018 Company: —2019 Company: 3 343 692 €20192020 Company: 4 001 441 €2021 Company: 6 281 337 €20212022 Company: 5 643 414 €2023 Company: 6 811 701 €20232024 Company: 7 479 952 €2025 Company: 7 508 050 €2025
Equity, € thousand 2025: 5 348 063 € · +3.9% vs 2024
02 0004 0006 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 821 485 €20192020 Company: 1 889 248 €20202021 Company: 4 628 384 €20212022 Company: 4 103 693 €20222023 Company: 5 560 707 €20232024 Company: 5 146 565 €20242025 Company: 5 348 063 €202502 0004 0006 0002018 Company: —2019 Company: 1 821 485 €20192020 Company: 1 889 248 €2021 Company: 4 628 384 €20212022 Company: 4 103 693 €2023 Company: 5 560 707 €20232024 Company: 5 146 565 €2025 Company: 5 348 063 €2025
Employees 2025: 17 · +6.3% vs 2024 · industry median 1 · above 98% of the industry
051015202016 Company: 8 Industry median: —20162017 Company: 9 Industry median: —20172018 Company: 7 Industry median: 120182019 Company: 7 Industry median: 120192020 Company: 8 Industry median: 120202021 Company: 11 Industry median: 120212022 Company: 13 Industry median: 120222023 Company: 14 Industry median: 120232024 Company: 16 Industry median: 120242025 Company: 17 Industry median: 12025051015202018 Company: 7 Industry median: 12019 Company: 7 Industry median: 120192020 Company: 8 Industry median: 12021 Company: 11 Industry median: 120212022 Company: 13 Industry median: 12023 Company: 14 Industry median: 120232024 Company: 16 Industry median: 12025 Company: 17 Industry median: 12025
  • Company
  • Industry median

Industry: Publishing 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 2 521 367 201 498 1 236 620 7 508 050 5 348 063 17
2024 1 953 423 -415 142 1 298 027 7 479 952 5 146 565 16
2023 2 045 755 -95 107 1 092 784 6 811 701 5 560 707 14
2022 1 457 065 -525 891 978 492 5 643 414 4 103 693 13
2021 879 064 -133 611 639 972 6 281 337 4 628 384 11
2020 649 308 67 763 480 816 4 001 441 1 889 248 8
2019 643 423 11 327 436 409 3 343 692 1 821 485 7
2018 — — — — — 7
2017 — — — — — 9
2016 — — — — — 8
2015 — — — — — 0
2014 — — — — — 2
2013 — — — — — 0
2012 — — — — — 0
2011 — — — — — 0
2010 — — — — — 0
2009 — — — — — 0
2008 — — — — — 0
2007 — — — — — 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
8.0 %
Net profit / revenue
Return on equity (ROE)
3.8 %
Net profit / equity
Return on assets (ROA)
2.7 %
Net profit / assets
Equity ratio
71.2 %
Equity / assets
Debt ratio
28.8 %
Liabilities / assets
Current ratio
1.99
Current assets / current liabilities
Revenue per employee
148 359 €
Revenue / average full-time employees
Labour cost per employee per month
6 062 €
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 31 Mar 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 4 Apr 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 4 Apr 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 27 Mar 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 3 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 16 Jul 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Oct 2020 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Janek Prümmel
    Board member · since 22 Feb 2019

Right of representation

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

Owners

No owner information.

Beneficial owners

  • Siim Vips
    Indirect ownership · since 23 Oct 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 58291Other software publishing Main
Rulings
Number, date Title Deadline State Document
Ä 10108239 / 28
18 Aug 2026
Amendment entry In force
18 Aug 2026
PDF
Ä 10108239 / M14
5 Aug 2026
Ruling to eliminate deficiencies 26 Aug 2026 Deficiencies eliminated
18 Aug 2026
PDF
Ä 10108239 / 27
11 Feb 2025
Amendment entry In force
11 Feb 2025
PDF
Ä 10108239 / 26
5 Jul 2024
Amendment entry In force
5 Jul 2024
PDF
Ä 10108239 / 25
30 Nov 2023
Amendment entry In force
30 Nov 2023
PDF
Ä 10108239 / M13
26 Oct 2023
Ruling to correct data outside an entry 9 Nov 2023 Deficiencies eliminated
2 Nov 2023
PDF
Ä 10108239 / 24
9 Aug 2023
Amendment entry In force
9 Aug 2023
PDF
Ä 10108239 / 23
17 May 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
17 May 2023
PDF
Ä 10108239 / 22
28 Apr 2023
Amendment entry In force
28 Apr 2023
PDF
Ä 10108239 / M12
21 Apr 2023
Ruling to eliminate deficiencies 25 May 2023 Deficiencies eliminated
28 Apr 2023
PDF
Ä 10108239 / 21
7 Oct 2022
Amendment entry In force
7 Oct 2022
PDF
Ä 10108239 / 20
15 Oct 2021
Amendment entry In force
15 Oct 2021
PDF
Ä 10108239 / 19
29 Sep 2021
Amendment entry In force
29 Sep 2021
PDF
Ä 10108239 / 18
10 Sep 2021
Amendment entry In force
10 Sep 2021
PDF
Ä 10108239 / 17
8 Sep 2021
Amendment entry In force
8 Sep 2021
PDF
Ä 10108239 / 16
2 Sep 2021
Amendment entry In force
2 Sep 2021
PDF
Ä 10108239 / M11
1 Sep 2021
Ruling to eliminate deficiencies 11 Sep 2021 Deficiencies eliminated
2 Sep 2021
PDF
Ä 10108239 / M10
28 Jul 2021
Procedural ruling 27 Aug 2021 Deficiencies eliminated
18 Aug 2021
PDF
Ä 10108239 / 15
2 Jul 2021
Amendment entry In force
2 Jul 2021
PDF
Ä 10108239 / M9
21 May 2021
Ruling to eliminate deficiencies (to be served) 4 Dec 2021 Deficiencies eliminated
2 Jul 2021
PDF
Ä 10108239 / 14
9 Sep 2020
Amendment entry In force
9 Sep 2020
PDF
Ä 10108239 / M8
8 Apr 2020
Ruling to correct data outside an entry 18 Apr 2020 In force
8 Apr 2020
PDF
Ä 10108239 / 13
7 Jan 2020
Amendment entry In force
7 Jan 2020
PDF
Ä 10108239 / M7
2 Jan 2020
Ruling to eliminate deficiencies 17 Jan 2020 Deficiencies eliminated
7 Jan 2020
PDF
Ä 10108239 / 12
13 May 2019
Amendment entry In force
13 May 2019
PDF
Ä 10108239 / 11
22 Feb 2019
Amendment entry In force
22 Feb 2019
PDF
Ä 10108239 / 10
6 Dec 2018
Entry refused: deficiencies not eliminated In force
1 Jan 2019
PDF
Ä 10108239 / M6
15 Nov 2018
Ruling to eliminate deficiencies 30 Nov 2018 In force
15 Nov 2018
PDF
Ä 10108239 / M5
9 Nov 2018
Procedural ruling 19 Nov 2018 Deficiencies eliminated
13 Nov 2018
PDF
Ä 10108239 / 9
30 May 2018
Amendment entry In force
30 May 2018
PDF
Ä 10108239 / M4
25 May 2018
Ruling to eliminate deficiencies 9 Jun 2018 Deficiencies eliminated
30 May 2018
PDF
Ä 10108239 / 8
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10108239 / 7
30 Nov 2017
Amendment entry In force
30 Nov 2017
PDF
Ä 10108239 / 6
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10108239 / 5
16 Sep 2016
Amendment entry In force
16 Sep 2016
PDF
Ä 10108239 / 4
27 Jul 2015
Second (constitutive) merger entry In force
27 Jul 2015
PDF
Ä 10108239 / 3
30 Oct 2013
Amendment entry In force
30 Oct 2013
PDF
Ä 10108239 / M3
28 Oct 2013
Ruling to eliminate deficiencies 12 Nov 2013 Deficiencies eliminated
29 Oct 2013
PDF
Ä 108239 / 2
4 Mar 2009
Amendment entry In force
4 Mar 2009
PDF
Ä 108239 / M2
2 Feb 2009
Ruling to eliminate deficiencies 25 Mar 2009 In force
2 Feb 2009
PDF
Ä 108239
27 Apr 2007
First entry In force
27 Apr 2007
PDF
Ä 108239 / M1
17 Apr 2007
Ruling to eliminate deficiencies (to be served) Deficiencies eliminated
24 Apr 2007
PDF

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