Norstat Eesti AS

Active Registry code 11444875 AS Tallinn Registered 1 Nov 2007
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Norstat Eesti AS is a AS based in Tallinn, registry code 11444875, status: active. Main activity: Market research and public opinion polling. According to EMTA, turnover for Q3 2026 was €4 204 681 with 58 employees.

Turnover
4 204 681 €
↑ 7.7% vs Q2 2026
State taxes
200 192 €
↓ 12.6% vs Q2 2026
Labour taxes
138 544 €
↓ 26.1% vs Q2 2026
Employees
58
−15 vs Q2 2026

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

Position in the industry Activities of advertising, market research and public relations · EMTAK 73

  • Turnover · Q3 2026 4.2 mn €
    industry median 15 274 € · companies in the industry: 2 027
  • Labour taxes per employee 2 389 €
    industry median 1 523 € · companies in the industry: 1 026
  • Revenue · 2025 11.2 mn €
    industry median 14 599 € · companies in the industry: 3 985
  • Net profit margin · 2025 30.1 %
    industry median 8.6 % · companies in the industry: 3 053

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 4 204 681 € · +7.7% vs Q2 2026 · industry median 15 274 € · above 98% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 178 058 € Industry median: 18 052 €Q4·23Q1 2024 Company: 3 376 579 € Industry median: 16 996 €Q2 2024 Company: 3 906 534 € Industry median: 16 870 €Q2·24Q3 2024 Company: 4 070 133 € Industry median: 16 642 €Q4 2024 Company: 3 990 044 € Industry median: 16 532 €Q4·24Q1 2025 Company: 4 023 226 € Industry median: 16 461 €Q2 2025 Company: 3 916 523 € Industry median: 16 216 €Q2·25Q3 2025 Company: 3 748 934 € Industry median: 15 935 €Q4 2025 Company: 3 949 692 € Industry median: 17 406 €Q4·25Q1 2026 Company: 3 493 015 € Industry median: 15 816 €Q2 2026 Company: 3 904 198 € Industry median: 16 003 €Q2·26Q3 2026 Company: 4 204 681 € Industry median: 15 274 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 3 990 044 € Industry median: 16 532 €Q1 2025 Company: 4 023 226 € Industry median: 16 461 €Q1·25Q2 2025 Company: 3 916 523 € Industry median: 16 216 €Q3 2025 Company: 3 748 934 € Industry median: 15 935 €Q3·25Q4 2025 Company: 3 949 692 € Industry median: 17 406 €Q1 2026 Company: 3 493 015 € Industry median: 15 816 €Q1·26Q2 2026 Company: 3 904 198 € Industry median: 16 003 €Q3 2026 Company: 4 204 681 € Industry median: 15 274 €Q3·26
  • Company
  • Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 389 € · −7.0% vs Q2 2026 · industry median 1 523 € · above 69% of the industry
01 0002 0003 000Q4 2023 Company: 719 € Industry median: 1 428 €Q4·23Q1 2024 Company: 642 € Industry median: 1 441 €Q2 2024 Company: 1 854 € Industry median: 1 524 €Q2·24Q3 2024 Company: 1 472 € Industry median: 1 543 €Q4 2024 Company: 1 487 € Industry median: 1 524 €Q4·24Q1 2025 Company: 1 477 € Industry median: 1 538 €Q2 2025 Company: 2 173 € Industry median: 1 570 €Q2·25Q3 2025 Company: 1 613 € Industry median: 1 640 €Q4 2025 Company: 1 845 € Industry median: 1 566 €Q4·25Q1 2026 Company: 1 750 € Industry median: 1 541 €Q2 2026 Company: 2 569 € Industry median: 1 516 €Q2·26Q3 2026 Company: 2 389 € Industry median: 1 523 €Q3·2601 0002 0003 000Q4 2024 Company: 1 487 € Industry median: 1 524 €Q1 2025 Company: 1 477 € Industry median: 1 538 €Q1·25Q2 2025 Company: 2 173 € Industry median: 1 570 €Q3 2025 Company: 1 613 € Industry median: 1 640 €Q3·25Q4 2025 Company: 1 845 € Industry median: 1 566 €Q1 2026 Company: 1 750 € Industry median: 1 541 €Q1·26Q2 2026 Company: 2 569 € Industry median: 1 516 €Q3 2026 Company: 2 389 € Industry median: 1 523 €Q3·26
  • Company
  • Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 58 · −20.5% vs Q2 2026
050100150200Q4 2023 Company: 172Q4·23Q1 2024 Company: 169Q2 2024 Company: 78Q2·24Q3 2024 Company: 77Q4 2024 Company: 82Q4·24Q1 2025 Company: 85Q2 2025 Company: 82Q2·25Q3 2025 Company: 87Q4 2025 Company: 80Q4·25Q1 2026 Company: 77Q2 2026 Company: 73Q2·26Q3 2026 Company: 58Q3·26020406080100Q4 2024 Company: 82Q1 2025 Company: 85Q1·25Q2 2025 Company: 82Q3 2025 Company: 87Q3·25Q4 2025 Company: 80Q1 2026 Company: 77Q1·26Q2 2026 Company: 73Q3 2026 Company: 58Q3·26
State taxes, € thousand Q3 2026: 200 192 € · −12.6% vs Q2 2026
050100150200250Q4 2023 Company: 154 134 €Q4·23Q1 2024 Company: 143 548 €Q2 2024 Company: 165 776 €Q2·24Q3 2024 Company: 137 822 €Q4 2024 Company: 155 513 €Q4·24Q1 2025 Company: 190 817 €Q2 2025 Company: 221 615 €Q2·25Q3 2025 Company: 194 811 €Q4 2025 Company: 194 986 €Q4·25Q1 2026 Company: 185 157 €Q2 2026 Company: 228 957 €Q2·26Q3 2026 Company: 200 192 €Q3·26050100150200250Q4 2024 Company: 155 513 €Q1 2025 Company: 190 817 €Q1·25Q2 2025 Company: 221 615 €Q3 2025 Company: 194 811 €Q3·25Q4 2025 Company: 194 986 €Q1 2026 Company: 185 157 €Q1·26Q2 2026 Company: 228 957 €Q3 2026 Company: 200 192 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 4 204 681 200 192 138 544 58
Q2 2026 3 904 198 228 957 187 546 73
Q1 2026 3 493 015 185 157 134 775 77
Q4 2025 3 949 692 194 986 147 617 80
Q3 2025 3 748 934 194 811 140 329 87
Q2 2025 3 916 523 221 615 178 166 82
Q1 2025 4 023 226 190 817 125 587 85
Q4 2024 3 990 044 155 513 121 922 82
Q3 2024 4 070 133 137 822 113 377 77
Q2 2024 3 906 534 165 776 144 611 78
Q1 2024 3 376 579 143 548 108 480 169
Q4 2023 3 178 058 154 134 123 638 172
Q3 2023 2 993 286 145 495 122 951 177
Q2 2023 3 511 715 164 782 138 215 179
Q1 2023 3 044 252 158 299 104 337 172
Q4 2022 2 324 936 152 329 110 884 178
Q3 2022 2 471 752 135 411 120 817 152
Q2 2022 2 271 580 120 891 102 250 161
Q1 2022 2 341 599 128 947 92 882 157
Labour taxes per employee per month
796 €
Turnover per employee in the quarter
72 495 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 11 229 370 € · −0.7% vs 2024 · industry median 14 599 € · above 98% of the industry
02 5005 0007 50010 00012 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 171 194 € Industry median: 13 798 €20192020 Company: 3 572 497 € Industry median: 12 176 €20202021 Company: 5 364 228 € Industry median: 13 429 €20212022 Company: 8 151 622 € Industry median: 13 739 €20222023 Company: 9 971 449 € Industry median: 14 346 €20232024 Company: 11 313 068 € Industry median: 14 798 €20242025 Company: 11 229 370 € Industry median: 14 599 €202502 5005 0007 50010 00012 5002018 Company: — Industry median: —2019 Company: 2 171 194 € Industry median: 13 798 €20192020 Company: 3 572 497 € Industry median: 12 176 €2021 Company: 5 364 228 € Industry median: 13 429 €20212022 Company: 8 151 622 € Industry median: 13 739 €2023 Company: 9 971 449 € Industry median: 14 346 €20232024 Company: 11 313 068 € Industry median: 14 798 €2025 Company: 11 229 370 € Industry median: 14 599 €2025
  • Company
  • Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 3 380 266 € · −11.8% vs 2024 · industry median 380 € · above 98% of the industry
01 0002 0003 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 384 394 € Industry median: 723 €20192020 Company: 696 142 € Industry median: 591 €20202021 Company: 1 745 840 € Industry median: 871 €20212022 Company: 2 976 593 € Industry median: 543 €20222023 Company: 3 440 060 € Industry median: 749 €20232024 Company: 3 830 461 € Industry median: 585 €20242025 Company: 3 380 266 € Industry median: 380 €202501 0002 0003 0004 0002018 Company: — Industry median: —2019 Company: 384 394 € Industry median: 723 €20192020 Company: 696 142 € Industry median: 591 €2021 Company: 1 745 840 € Industry median: 871 €20212022 Company: 2 976 593 € Industry median: 543 €2023 Company: 3 440 060 € Industry median: 749 €20232024 Company: 3 830 461 € Industry median: 585 €2025 Company: 3 380 266 € Industry median: 380 €2025
  • Company
  • Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 30.1 % · −3.8 pp vs the year before · industry median 8.6 % · above 69% of the industry
0102030402016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 17.7 % Industry median: 10.1 %20192020 Company: 19.5 % Industry median: 12.4 %20202021 Company: 32.5 % Industry median: 14.6 %20212022 Company: 36.5 % Industry median: 11.4 %20222023 Company: 34.5 % Industry median: 11.6 %20232024 Company: 33.9 % Industry median: 10.8 %20242025 Company: 30.1 % Industry median: 8.6 %20250102030402018 Company: — Industry median: —2019 Company: 17.7 % Industry median: 10.1 %20192020 Company: 19.5 % Industry median: 12.4 %2021 Company: 32.5 % Industry median: 14.6 %20212022 Company: 36.5 % Industry median: 11.4 %2023 Company: 34.5 % Industry median: 11.6 %20232024 Company: 33.9 % Industry median: 10.8 %2025 Company: 30.1 % Industry median: 8.6 %2025
  • Company
  • Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 21 828 107 € · +49.3% vs 2024
05 00010 00015 00020 00025 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 585 447 €20192020 Company: 2 081 610 €20202021 Company: 4 548 424 €20212022 Company: 7 432 329 €20222023 Company: 10 394 719 €20232024 Company: 14 623 961 €20242025 Company: 21 828 107 €202505 00010 00015 00020 00025 0002018 Company: —2019 Company: 1 585 447 €20192020 Company: 2 081 610 €2021 Company: 4 548 424 €20212022 Company: 7 432 329 €2023 Company: 10 394 719 €20232024 Company: 14 623 961 €2025 Company: 21 828 107 €2025
Equity, € thousand 2025: 16 702 391 € · +25.4% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 114 994 €20192020 Company: 1 329 171 €20202021 Company: 3 075 011 €20212022 Company: 6 051 604 €20222023 Company: 9 491 664 €20232024 Company: 13 322 125 €20242025 Company: 16 702 391 €202505 00010 00015 00020 0002018 Company: —2019 Company: 1 114 994 €20192020 Company: 1 329 171 €2021 Company: 3 075 011 €20212022 Company: 6 051 604 €2023 Company: 9 491 664 €20232024 Company: 13 322 125 €2025 Company: 16 702 391 €2025
Employees 2025: 37 · +5.7% vs 2024 · industry median 1 · above 98% of the industry
0102030402016 Company: 25 Industry median: —20162017 Company: 28 Industry median: —20172018 Company: 26 Industry median: 120182019 Company: 23 Industry median: 120192020 Company: 25 Industry median: 120202021 Company: 30 Industry median: 120212022 Company: 35 Industry median: 120222023 Company: 36 Industry median: 120232024 Company: 35 Industry median: 120242025 Company: 37 Industry median: 120250102030402018 Company: 26 Industry median: 12019 Company: 23 Industry median: 120192020 Company: 25 Industry median: 12021 Company: 30 Industry median: 120212022 Company: 35 Industry median: 12023 Company: 36 Industry median: 120232024 Company: 35 Industry median: 12025 Company: 37 Industry median: 12025
  • Company
  • Industry median

Industry: Activities of advertising, market research and public relations (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 11 229 370 3 380 266 1 596 416 21 828 107 16 702 391 37
2024 11 313 068 3 830 461 1 341 633 14 623 961 13 322 125 35
2023 9 971 449 3 440 060 1 229 802 10 394 719 9 491 664 36
2022 8 151 622 2 976 593 1 081 447 7 432 329 6 051 604 35
2021 5 364 228 1 745 840 868 069 4 548 424 3 075 011 30
2020 3 572 497 696 142 725 524 2 081 610 1 329 171 25
2019 2 171 194 384 394 536 590 1 585 447 1 114 994 23
2018 — — — — — 26
2017 — — — — — 28
2016 — — — — — 25
2015 — — — — — 24
2014 — — — — — 35
2013 — — — — — 21
2012 — — — — — 23
2011 — — — — — 23
2010 — — — — — 105
2009 — — — — — 87
2008 — — — — — 30

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
30.1 %
Net profit / revenue
Return on equity (ROE)
20.2 %
Net profit / equity
Return on assets (ROA)
15.5 %
Net profit / assets
Equity ratio
76.5 %
Equity / assets
Debt ratio
23.5 %
Liabilities / assets
Current ratio
4.25
Current assets / current liabilities
Revenue per employee
303 496 €
Revenue / average full-time employees
Labour cost per employee per month
3 596 €
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 12 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 18 Jul 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 6 Sep 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 29 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 21 Jul 2020 Company’s own · audited e-Äriregister

Board

Right of representation

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

Any procurator may represent the public limited company in all legal acts related to its business. A procurator may transfer or encumber immovable property only if that right is entered on the registry card.

Owners

No owner information.

Beneficial owners

  • Daniel DAMJANOVIČ
    Member of a senior management body (management or supervisory board) · LIE · since 21 Aug 2024
  • Hans Erik Gydell
    Member of a senior management body (management or supervisory board) · SWE · since 21 Aug 2024
  • Johannes Michael Burger
    Member of a senior management body (management or supervisory board) · CHE · since 21 Aug 2024

Founders and other persons

  • Norstat ASA
    Founder · 204 000 € · 1 Nov 2007
  • Unitree Group OÜ
    Founder · 196 000 € · 1 Nov 2007
  • BDO Eesti OÜ
    Audit firm · 4 Jun 2025
  • Erling Johan Brænden Eriksen
    Chairman of the supervisory board · 12 Oct 2026
  • Tue Meier-Poulsen
    Supervisory board member · 26 Nov 2024
  • Mats Beck
    Supervisory board member · 12 Oct 2026
  • Omanikukonto: NORSTAT AS
    Shareholder · 25 560 € · 16 Aug 2023
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 73201Market research and public opinion polling Main
  • 62101Computer programming activities
Rulings
Number, date Title Deadline State Document
Ä 10113432 / M12
20 Oct 2026
Ruling to correct data outside an entry 30 Oct 2026 In force
20 Oct 2026
PDF
Ä 10113432 / 21
25 Aug 2025
Amendment entry In force
25 Aug 2025
PDF
Ä 10113432 / M11
22 Aug 2025
Ruling to eliminate deficiencies 6 Sep 2025 Deficiencies eliminated
25 Aug 2025
PDF
Ä 10113432 / M10
7 Jul 2024
Warning of a fine: annual report not filed 6 Aug 2024 Deficiencies eliminated
19 Jul 2024
PDF
K 10113432 / 20
4 Jul 2024
Commercial pledge deleted In force
4 Jul 2024
PDF
Ä 10113432 / 19
20 May 2024
Amendment entry In force
20 May 2024
PDF
Ä 10113432 / 18
4 Dec 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
4 Dec 2023
PDF
Ä 10113432 / 17
1 Dec 2023
Amendment entry In force
1 Dec 2023
PDF
Ä 10113432 / 16
19 Oct 2023
Amendment entry In force
19 Oct 2023
PDF
Ä 10113432 / M9
13 Oct 2023
Ruling to eliminate deficiencies 15 Nov 2023 Deficiencies eliminated
18 Oct 2023
PDF
Ä 10113432 / 15
28 Dec 2020
Amendment entry In force
28 Dec 2020
PDF
K 10113432 / 14
28 Feb 2020
Commercial pledge entered In force
28 Feb 2020
PDF
K 10113432 / M8
26 Feb 2020
Procedural ruling In force
26 Feb 2020
PDF
Ä 10113432 / M7
18 Jun 2019
Ruling to correct data outside an entry 3 Jul 2019 Deficiencies eliminated
27 Jun 2019
PDF
Ä 10113432 / 13
30 Oct 2018
Amendment under Commercial Code § 525 (2) In force
30 Oct 2018
PDF
Ä 10113432 / 12
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10113432 / 11
30 Nov 2017
Amendment entry In force
30 Nov 2017
PDF
Ä 10113432 / 10
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10113432 / 9
31 Aug 2016
Amendment entry In force
31 Aug 2016
PDF
Ä 10113432 / M6
27 Jun 2016
Ruling to correct data outside an entry 27 Jul 2016 Deficiencies eliminated
27 Jun 2016
PDF
Ä 10113432 / M5
30 Jul 2015
Ruling to eliminate deficiencies 29 Aug 2015 Deficiencies eliminated
27 Aug 2015
PDF
Ä 10113432 / 8
6 Oct 2014
Amendment under Commercial Code § 525 (2) In force
6 Oct 2014
PDF
Ä 10113432 / M4
7 Aug 2014
Procedural ruling 6 Sep 2014 Deficiencies eliminated
2 Sep 2014
PDF
Ä 10113432 / 7
7 Aug 2014
Amendment entry In force
7 Aug 2014
PDF
Ä 10113432 / M3
16 Apr 2013
Ruling to correct data outside an entry 16 May 2013 In force
16 Apr 2013
PDF
Ä 10113432 / 6
13 Jun 2011
Amendment entry In force
13 Jun 2011
PDF
Ä 10113432 / M2
20 May 2011
Ruling to eliminate deficiencies 20 Jun 2011 In force
20 May 2011
PDF
Ä 10113432 / 5
29 Jul 2010
Amendment under Commercial Code § 525 (2) In force
29 Jul 2010
PDF
Ä 113432 / 4
11 Aug 2009
Amendment entry In force
11 Aug 2009
PDF
Ä 113432 / M1
29 Apr 2009
Ruling to eliminate deficiencies 1 Jun 2009 In force
6 May 2009
PDF
Ä 113432 / 3
28 Jan 2008
Amendment entry In force
29 Jan 2008
PDF
Ä 113432 / 2
22 Nov 2007
Amendment entry In force
22 Nov 2007
PDF
Ä 113432
1 Nov 2007
First entry In force
1 Nov 2007
PDF

Sources: e-Äriregister and EMTA. Data updated 27 Oct 2026. Open at the source ↗ · Report an error in the data