Aktsiaselts Lahevesi

Active Registry code 11492271 AS Paldiski linn Registered 21 Apr 2008

Aktsiaselts Lahevesi is a AS based in Paldiski linn, registry code 11492271, status: active. Main activity: Sewerage and wastewater management. According to EMTA, turnover for Q3 2026 was €580 053 with 35 employees.

Turnover

580 053 €

↑ 10.1% vs Q2 2026

State taxes

46 143 €

↓ 62.7% vs Q2 2026

Labour taxes

96 606 €

↑ 4.2% vs Q2 2026

Employees

−2 vs Q2 2026

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

Position in the industry Sewerage · EMTAK 37

Turnover · Q3 2026 580 053 €

above 82% of companies

industry median 120 838 € · companies in the industry: 97
Labour taxes per employee 2 760 €

above 50% of companies

industry median 2 776 € · companies in the industry: 82
Revenue · 2025 2 mn €

above 86% of companies

industry median 81 824 € · companies in the industry: 130
Net profit margin · 2025 2.7 %

above 54% of companies

industry median 1.8 % · companies in the industry: 115

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 580 053 € · +10.1% vs Q2 2026 · industry median 120 838 € · above 82% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 2 760 € · +10.1% vs Q2 2026 · industry median 2 776 € · above 50% of the industry

Company
Industry median

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

Employees Q3 2026: 35 · −5.4% vs Q2 2026

State taxes, € thousand Q3 2026: 46 143 € · −62.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	580 053	46 143	96 606	35
Q2 2026	526 845	123 607	92 722	37
Q1 2026	473 162	139 342	109 139	37
Q4 2025	533 986	57 618	94 937	36
Q3 2025	542 440	111 877	88 989	36
Q2 2025	504 941	91 735	95 862	34
Q1 2025	467 283	154 000	102 289	34
Q4 2024	516 119	155 344	89 339	34
Q3 2024	571 849	161 811	92 507	35
Q2 2024	483 097	142 551	80 673	37
Q1 2024	465 869	140 477	96 252	34
Q4 2023	498 895	74 111	95 663	35
Q3 2023	513 096	47 507	94 322	39
Q2 2023	565 228	94 746	96 381	44
Q1 2023	484 628	119 018	105 681	45
Q4 2022	481 150	70 152	93 112	44
Q3 2022	411 588	100 549	90 051	43
Q2 2022	376 883	97 095	83 434	43
Q1 2022	360 589	7 801	94 526	41

Labour taxes per employee per month

920 €

Turnover per employee in the quarter

16 573 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 2 023 449 € · −0.5% vs 2024 · industry median 81 824 € · above 86% of the industry

Company
Industry median

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

Net profit, € thousand 2025: 54 093 € · +109.2% vs 2024 · industry median 275 € · above 85% of the industry

Company
Industry median

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

Net profit margin, % 2025: 2.7 % · +31.6 pp vs the year before · industry median 1.8 % · above 54% of the industry

Company
Industry median

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

Assets, € thousand 2025: 36 161 905 € · −0.0% vs 2024

Equity, € thousand 2025: 35 280 769 € · +0.2% vs 2024

Employees 2025: 36 · +0.0% vs 2024 · industry median 6 · above 91% of the industry

Company
Industry median

Industry: Sewerage (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	2 023 449	54 093	890 603	36 161 905	35 280 769	36
2024	2 034 289	-588 452	918 631	36 177 603	35 226 676	36
2023	2 127 252	673 057	901 784	37 157 413	35 815 128	41
2022	1 616 122	-953	859 136	36 551 602	35 142 070	45
2021	1 434 002	7 541 494	794 605	38 180 058	35 041 824	43
2020	1 340 332	11 858 900	716 771	30 526 187	26 989 730	41
2019	1 342 627	377 433	599 581	12 841 777	11 921 447	33
2018	—	—	—	—	—	29
2017	—	—	—	—	—	12
2016	—	—	—	—	—	13
2015	—	—	—	—	—	15
2014	—	—	—	—	—	14
2013	—	—	—	—	—	11
2012	—	—	—	—	—	13
2011	—	—	—	—	—	5
2009	—	—	—	—	—	2
2008	—	—	—	—	—	2

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

2.7 %

Net profit / revenue

Return on equity (ROE)

0.2 %

Net profit / equity

Return on assets (ROA)

0.1 %

Net profit / assets

Equity ratio

97.6 %

Equity / assets

Debt ratio

2.4 %

Liabilities / assets

Current ratio

3.38

Current assets / current liabilities

Revenue per employee

56 207 €

Revenue / average full-time employees

Labour cost per employee per month

2 062 €

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	13 May 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	12 May 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	31 May 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	8 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	17 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	22 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	6 May 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
2	1 040 000 €	Swedbank AS	18 Jan 2022 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 27 Sep 2017
Riina Karm
Board member · since 5 Jun 2018
Aare Kaur
Board member · since 29 Jan 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

Kerli Lambing
Right to appoint or remove most of the management · since 17 Jan 2022
Erki Ruben
Right to appoint or remove most of the management · since 1 Oct 2018
Jaanus Saat
Right to appoint or remove most of the management · since 1 Oct 2018

Founders and other persons

Keila vallavalitsus
Founder · 400 000 € · 15 Apr 2008
Tatjana Minzatova
Audit firm · 22 Feb 2021
AUDEST AUDIITORTEENUSTE OSAÜHING
Audit firm · 22 Feb 2021
Erki Ruben
Supervisory board member · 30 Jul 2024
Kerli Lambing
Supervisory board member · 29 Dec 2025
Piret Zahkna
Supervisory board member · 29 Dec 2025
Omanikukonto: LÄÄNE-HARJU VALLAVALITSUS
Shareholder · 732 200 € · 16 Aug 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

37001Sewerage and wastewater management Main
36001Water collection, treatment and supply
68329Other real estate management or related activities

Rulings 62

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10117768 / M23 12 Jan 2026	Ruling to correct data outside an entry	26 Jan 2026	Deficiencies eliminated 19 Jan 2026	PDF
Ä 10117768 / M22 29 Dec 2025	Ruling to correct data outside an entry	12 Jan 2026	In force 29 Dec 2025	PDF
Ä 10117768 / 39 28 Dec 2022	Amendment entry		In force 28 Dec 2022	PDF
Ä 10117768 / 38 22 Dec 2022	Entry refused: deficiencies not eliminated		In force 11 Jan 2023	PDF
Ä 10117768 / M21 1 Dec 2022	Ruling to eliminate deficiencies	15 Dec 2022	In force 1 Dec 2022	PDF
K 10117768 / 37 18 Jan 2022	Commercial pledge entered		In force 18 Jan 2022	PDF
Ä 10117768 / 36 9 Jul 2021	Amendment entry		In force 9 Jul 2021	PDF
Ä 10117768 / M20 25 Jun 2021	Ruling to correct data outside an entry	10 Jul 2021	Deficiencies eliminated 15 Jul 2021	PDF
Ä 10117768 / 35 29 Dec 2020	Amendment entry		In force 29 Dec 2020	PDF
Ä 10117768 / 34 2 Oct 2020	Amendment entry		In force 2 Oct 2020	PDF
Ä 10117768 / 33 18 Aug 2020	Amendment entry		In force 18 Aug 2020	PDF
Ä 10117768 / 32 28 Feb 2020	Amendment entry		In force 28 Feb 2020	PDF
Ä 10117768 / 31 21 Oct 2019	Amendment entry		In force 21 Oct 2019	PDF
Ä 10117768 / M19 9 Oct 2019	Ruling to eliminate deficiencies	23 Oct 2019	Deficiencies eliminated 14 Oct 2019	PDF
Ä 10117768 / 30 20 Jun 2019	Amendment entry		In force 20 Jun 2019	PDF
Ä 10117768 / M18 13 Jun 2019	Ruling to eliminate deficiencies	8 Jul 2019	Deficiencies eliminated 20 Jun 2019	PDF
Ä 10117768 / 29 29 Jan 2019	Amendment entry		In force 29 Jan 2019	PDF
Ä 10117768 / M17 4 Jan 2019	Ruling to eliminate deficiencies	3 Feb 2019	Deficiencies eliminated 29 Jan 2019	PDF
Ä 10117768 / 28 12 Dec 2018	Entry refused: deficiencies not eliminated		In force 29 Dec 2018	PDF
Ä 10117768 / M16 9 Nov 2018	Ruling to eliminate deficiencies	9 Dec 2018	In force 9 Nov 2018	PDF
K 10117768 / 27 9 Nov 2018	Commercial pledge deleted		In force 9 Nov 2018	PDF
K 10117768 / M15 1 Nov 2018	Ruling to eliminate deficiencies	9 Nov 2018	In force 1 Nov 2018	PDF
Ä 10117768 / M14 13 Aug 2018	Ruling to correct data outside an entry	2 Sep 2018	Deficiencies eliminated 31 Aug 2018	PDF
Ä 10117768 / 25 20 Jul 2018	Second (constitutive) merger entry		In force 20 Jul 2018	PDF
K 10117768 / 26 20 Jul 2018	Commercial pledge entered		In force 20 Jul 2018	PDF
Ä 10117768 / M13 9 Jul 2018	Ruling to eliminate deficiencies	24 Jul 2018	Deficiencies eliminated 20 Jul 2018	PDF
Ä 10117768 / 24 5 Jun 2018	Amendment entry		In force 5 Jun 2018	PDF
Ä 10117768 / M12 4 Jun 2018	Ruling to eliminate deficiencies	4 Jul 2018	Deficiencies eliminated 4 Jun 2018	PDF
Ä 10117768 / 23 10 Apr 2018	Amendment entry		In force 10 Apr 2018	PDF
Ä 10117768 / M11 9 Apr 2018	Ruling to eliminate deficiencies	9 May 2018	Deficiencies eliminated 10 Apr 2018	PDF
Ä 10117768 / 22 20 Mar 2018	Entry refused: deficiencies not eliminated		In force 5 Apr 2018	PDF
Ä 10117768 / M10 6 Feb 2018	Ruling to eliminate deficiencies	26 Feb 2018	In force 6 Feb 2018	PDF
Ä 10117768 / 21 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10117768 / M9 14 Dec 2017	Ruling to correct data outside an entry	13 Jan 2018	Deficiencies eliminated 18 Dec 2017	PDF
Ä 10117768 / 20 30 Nov 2017	Amendment entry		In force 30 Nov 2017	PDF
Ä 10117768 / 19 19 Oct 2017	Amendment entry		In force 19 Oct 2017	PDF
Ä 10117768 / 18 27 Sep 2017	Amendment entry		In force 27 Sep 2017	PDF
Ä 10117768 / 17 20 Sep 2017	Entry refused		In force 6 Oct 2017	PDF
Ä 10117768 / 16 3 Oct 2016	Amendment entry		In force 3 Oct 2016	PDF
Ä 10117768 / 15 31 Aug 2015	Amendment entry		In force 31 Aug 2015	PDF
Ä 10117768 / M8 25 Aug 2015	Ruling to eliminate deficiencies	24 Sep 2015	Deficiencies eliminated 31 Aug 2015	PDF
Ä 10117768 / 14 27 Jan 2015	Amendment entry		In force 27 Jan 2015	PDF
Ä 10117768 / 13 24 Mar 2014	Amendment entry		In force 24 Mar 2014	PDF
Ä 10117768 / M7 6 Mar 2014	Ruling to eliminate deficiencies	5 Apr 2014	Deficiencies eliminated 24 Mar 2014	PDF
Ä 10117768 / 12 20 Feb 2014	Amendment entry		In force 20 Feb 2014	PDF
Ä 10117768 / 11 22 Jan 2014	Amendment entry		In force 22 Jan 2014	PDF
Ä 10117768 / 10 22 Jan 2014	Entry refused: deficiencies not eliminated		In force 6 Feb 2014	PDF
Ä 10117768 / M6 15 Jan 2014	Ruling to eliminate deficiencies	25 Jan 2014	Deficiencies eliminated 18 Jan 2014	PDF
Ä 10117768 / M5 12 Dec 2013	Ruling to eliminate deficiencies	6 Jan 2014	In force 12 Dec 2013	PDF
Ä 10117768 / 9 2 Jul 2013	Amendment entry		In force 2 Jul 2013	PDF
Ä 10117768 / 8 24 Jul 2012	Amendment entry		In force 24 Jul 2012	PDF
Ä 10117768 / M4 6 Jul 2012	Ruling to eliminate deficiencies	10 Sep 2012	In force 6 Jul 2012	PDF
Ä 10117768 / 7 24 Jan 2012	Amendment entry		In force 24 Jan 2012	PDF
Ä 10117768 / 6 2 Jan 2012	Amendment entry		In force 2 Jan 2012	PDF
Ä 10117768 / 5 2 Feb 2011	Amendment entry		In force 2 Feb 2011	PDF
Ä 10117768 / 4 30 Dec 2010	Entry refused: deficiencies not eliminated		In force 4 Jan 2011	PDF
Ä 117768 / M3 25 May 2009	Ruling to be served	16 Jun 2009	Deficiencies eliminated 28 May 2009	PDF
Ä 117768 / 3 25 May 2009	Amendment entry		In force 25 May 2009	PDF
Ä 117768 / 2 8 Jan 2009	Amendment entry		In force 8 Jan 2009	PDF
Ä 117768 / M2 30 Dec 2008	Ruling to eliminate deficiencies (to be served)	11 Feb 2009	In force 12 Jan 2009	PDF
Ä 117768 21 Apr 2008	First entry		In force 21 Apr 2008	PDF
Ä 117768 / M1 17 Apr 2008	Ruling to eliminate deficiencies (to be served)	17 May 2008	In force 17 Apr 2008	PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data

Aktsiaselts Lahevesi

Position in the industry Sewerage · EMTAK 37

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 62