Convertal OÜ

Active Registry code 11578363 OÜ Tartu linn Registered 21 Jan 2009
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Convertal OÜ is a OÜ based in Tartu linn, registry code 11578363, status: active. Main activity: Media representation. According to EMTA, turnover for Q3 2026 was €409 038 with 5 employees.

Turnover
409 038 €
↑ 2.9% vs Q2 2026
State taxes
53 080 €
↓ 26.5% vs Q2 2026
Labour taxes
29 004 €
↓ 16.7% vs Q2 2026
Employees
5
−2 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 409 038 €
    industry median 15 274 € · companies in the industry: 2 027
  • Labour taxes per employee 5 801 €
    industry median 1 523 € · companies in the industry: 1 026
  • Revenue · 2025 1.2 mn €
    industry median 14 652 € · companies in the industry: 3 983
  • Net profit margin · 2025 -6.1 %
    industry median 8.6 % · companies in the industry: 3 053

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 409 038 € · +2.9% vs Q2 2026 · industry median 15 274 € · above 92% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 4 913 230 € Industry median: 18 052 €Q4·23Q1 2024 Company: 4 531 548 € Industry median: 16 996 €Q2 2024 Company: 1 579 489 € Industry median: 16 870 €Q2·24Q3 2024 Company: 394 532 € Industry median: 16 642 €Q4 2024 Company: 555 294 € Industry median: 16 532 €Q4·24Q1 2025 Company: 453 398 € Industry median: 16 461 €Q2 2025 Company: 446 130 € Industry median: 16 216 €Q2·25Q3 2025 Company: 328 764 € Industry median: 15 935 €Q4 2025 Company: 443 995 € Industry median: 17 406 €Q4·25Q1 2026 Company: 353 591 € Industry median: 15 816 €Q2 2026 Company: 397 533 € Industry median: 16 003 €Q2·26Q3 2026 Company: 409 038 € Industry median: 15 274 €Q3·260200400600Q4 2024 Company: 555 294 € Industry median: 16 532 €Q1 2025 Company: 453 398 € Industry median: 16 461 €Q1·25Q2 2025 Company: 446 130 € Industry median: 16 216 €Q3 2025 Company: 328 764 € Industry median: 15 935 €Q3·25Q4 2025 Company: 443 995 € Industry median: 17 406 €Q1 2026 Company: 353 591 € Industry median: 15 816 €Q1·26Q2 2026 Company: 397 533 € Industry median: 16 003 €Q3 2026 Company: 409 038 € 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: 5 801 € · +16.7% vs Q2 2026 · industry median 1 523 € · above 93% of the industry
02 0004 0006 0008 000Q4 2023 Company: 3 734 € Industry median: 1 428 €Q4·23Q1 2024 Company: 3 808 € Industry median: 1 441 €Q2 2024 Company: 3 995 € Industry median: 1 524 €Q2·24Q3 2024 Company: 3 928 € Industry median: 1 543 €Q4 2024 Company: 5 505 € Industry median: 1 524 €Q4·24Q1 2025 Company: 6 367 € Industry median: 1 538 €Q2 2025 Company: 5 227 € Industry median: 1 570 €Q2·25Q3 2025 Company: 5 480 € Industry median: 1 640 €Q4 2025 Company: 5 815 € Industry median: 1 566 €Q4·25Q1 2026 Company: 4 518 € Industry median: 1 541 €Q2 2026 Company: 4 972 € Industry median: 1 516 €Q2·26Q3 2026 Company: 5 801 € Industry median: 1 523 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 5 505 € Industry median: 1 524 €Q1 2025 Company: 6 367 € Industry median: 1 538 €Q1·25Q2 2025 Company: 5 227 € Industry median: 1 570 €Q3 2025 Company: 5 480 € Industry median: 1 640 €Q3·25Q4 2025 Company: 5 815 € Industry median: 1 566 €Q1 2026 Company: 4 518 € Industry median: 1 541 €Q1·26Q2 2026 Company: 4 972 € Industry median: 1 516 €Q3 2026 Company: 5 801 € 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: 5 · −28.6% vs Q2 2026
03581013Q4 2023 Company: 11Q4·23Q1 2024 Company: 12Q2 2024 Company: 11Q2·24Q3 2024 Company: 11Q4 2024 Company: 8Q4·24Q1 2025 Company: 7Q2 2025 Company: 7Q2·25Q3 2025 Company: 7Q4 2025 Company: 6Q4·25Q1 2026 Company: 7Q2 2026 Company: 7Q2·26Q3 2026 Company: 5Q3·2602468Q4 2024 Company: 8Q1 2025 Company: 7Q1·25Q2 2025 Company: 7Q3 2025 Company: 7Q3·25Q4 2025 Company: 6Q1 2026 Company: 7Q1·26Q2 2026 Company: 7Q3 2026 Company: 5Q3·26
State taxes, € thousand Q3 2026: 53 080 € · −26.5% vs Q2 2026
0200400600Q4 2023 Company: 511 315 €Q4·23Q1 2024 Company: 535 555 €Q2 2024 Company: 232 746 €Q2·24Q3 2024 Company: 79 731 €Q4 2024 Company: 67 306 €Q4·24Q1 2025 Company: 87 261 €Q2 2025 Company: 58 590 €Q2·25Q3 2025 Company: 71 617 €Q4 2025 Company: 63 396 €Q4·25Q1 2026 Company: 56 636 €Q2 2026 Company: 72 207 €Q2·26Q3 2026 Company: 53 080 €Q3·26020406080100Q4 2024 Company: 67 306 €Q1 2025 Company: 87 261 €Q1·25Q2 2025 Company: 58 590 €Q3 2025 Company: 71 617 €Q3·25Q4 2025 Company: 63 396 €Q1 2026 Company: 56 636 €Q1·26Q2 2026 Company: 72 207 €Q3 2026 Company: 53 080 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 409 038 53 080 29 004 5
Q2 2026 397 533 72 207 34 802 7
Q1 2026 353 591 56 636 31 628 7
Q4 2025 443 995 63 396 34 889 6
Q3 2025 328 764 71 617 38 363 7
Q2 2025 446 130 58 590 36 592 7
Q1 2025 453 398 87 261 44 569 7
Q4 2024 555 294 67 306 44 041 8
Q3 2024 394 532 79 731 43 204 11
Q2 2024 1 579 489 232 746 43 940 11
Q1 2024 4 531 548 535 555 45 700 12
Q4 2023 4 913 230 511 315 41 072 11
Q3 2023 5 203 696 573 126 46 382 10
Q2 2023 4 011 575 424 475 45 233 11
Q1 2023 2 625 370 288 673 51 338 11
Q4 2022 2 136 870 255 145 41 966 11
Q3 2022 1 532 478 202 870 46 269 10
Q2 2022 3 598 297 390 464 42 253 14
Q1 2022 3 841 490 415 204 46 911 13
Labour taxes per employee per month
1 934 €
Turnover per employee in the quarter
81 808 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 1 174 725 € · −61.8% vs 2024 · industry median 14 652 € · above 98% of the industry
02 0004 0006 0008 00010 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 313 823 € Industry median: 13 798 €20192020 Company: 1 003 803 € Industry median: 12 176 €20202021 Company: 4 615 278 € Industry median: 13 429 €20212022 Company: 5 968 974 € Industry median: 13 712 €20222023 Company: 9 107 984 € Industry median: 14 413 €20232024 Company: 3 077 135 € Industry median: 14 799 €20242025 Company: 1 174 725 € Industry median: 14 652 €202502 0004 0006 0008 00010 0002018 Company: — Industry median: —2019 Company: 1 313 823 € Industry median: 13 798 €20192020 Company: 1 003 803 € Industry median: 12 176 €2021 Company: 4 615 278 € Industry median: 13 429 €20212022 Company: 5 968 974 € Industry median: 13 712 €2023 Company: 9 107 984 € Industry median: 14 413 €20232024 Company: 3 077 135 € Industry median: 14 799 €2025 Company: 1 174 725 € Industry median: 14 652 €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, € 2025: -71 619 € · −6 164.3% vs 2024 · industry median 382 € · above 2% of the industry
-100 000-50 000050 000100 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 33 085 € Industry median: 731 €20192020 Company: 73 192 € Industry median: 591 €20202021 Company: 95 472 € Industry median: 871 €20212022 Company: 1 087 € Industry median: 543 €20222023 Company: 5 698 € Industry median: 751 €20232024 Company: 1 181 € Industry median: 585 €20242025 Company: -71 619 € Industry median: 382 €2025-100 000-50 000050 000100 0002018 Company: — Industry median: —2019 Company: 33 085 € Industry median: 731 €20192020 Company: 73 192 € Industry median: 591 €2021 Company: 95 472 € Industry median: 871 €20212022 Company: 1 087 € Industry median: 543 €2023 Company: 5 698 € Industry median: 751 €20232024 Company: 1 181 € Industry median: 585 €2025 Company: -71 619 € Industry median: 382 €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: -6.1 % · −6.1 pp vs the year before · industry median 8.6 % · above 22% of the industry
-10-50510152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2.5 % Industry median: 10.2 %20192020 Company: 7.3 % Industry median: 12.5 %20202021 Company: 2.1 % Industry median: 14.5 %20212022 Company: 0.0 % Industry median: 11.4 %20222023 Company: 0.1 % Industry median: 11.7 %20232024 Company: 0.0 % Industry median: 10.8 %20242025 Company: -6.1 % Industry median: 8.6 %2025-10-50510152018 Company: — Industry median: —2019 Company: 2.5 % Industry median: 10.2 %20192020 Company: 7.3 % Industry median: 12.5 %2021 Company: 2.1 % Industry median: 14.5 %20212022 Company: 0.0 % Industry median: 11.4 %2023 Company: 0.1 % Industry median: 11.7 %20232024 Company: 0.0 % Industry median: 10.8 %2025 Company: -6.1 % 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: 220 968 € · −51.7% vs 2024
05001 0001 5002 0002 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 220 946 €20192020 Company: 235 379 €20202021 Company: 911 893 €20212022 Company: 667 507 €20222023 Company: 2 278 180 €20232024 Company: 457 070 €20242025 Company: 220 968 €202505001 0001 5002 0002 5002018 Company: —2019 Company: 220 946 €20192020 Company: 235 379 €2021 Company: 911 893 €20212022 Company: 667 507 €2023 Company: 2 278 180 €20232024 Company: 457 070 €2025 Company: 220 968 €2025
Equity, € thousand 2025: 98 606 € · −53.0% vs 2024
0501001502002502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 86 894 €20192020 Company: 143 586 €20202021 Company: 201 806 €20212022 Company: 202 893 €20222023 Company: 208 590 €20232024 Company: 209 771 €20242025 Company: 98 606 €20250501001502002502018 Company: —2019 Company: 86 894 €20192020 Company: 143 586 €2021 Company: 201 806 €20212022 Company: 202 893 €2023 Company: 208 590 €20232024 Company: 209 771 €2025 Company: 98 606 €2025
Employees 2025: 8 · −33.3% vs 2024 · industry median 1 · above 95% of the industry
051015202016 Company: 9 Industry median: —20162017 Company: 10 Industry median: —20172018 Company: 15 Industry median: 120182019 Company: 17 Industry median: 120192020 Company: 16 Industry median: 120202021 Company: 15 Industry median: 120212022 Company: 12 Industry median: 120222023 Company: 12 Industry median: 120232024 Company: 12 Industry median: 120242025 Company: 8 Industry median: 12025051015202018 Company: 15 Industry median: 12019 Company: 17 Industry median: 120192020 Company: 16 Industry median: 12021 Company: 15 Industry median: 120212022 Company: 12 Industry median: 12023 Company: 12 Industry median: 120232024 Company: 12 Industry median: 12025 Company: 8 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 1 174 725 -71 619 331 499 220 968 98 606 8
2024 3 077 135 1 181 423 232 457 070 209 771 12
2023 9 107 984 5 698 440 416 2 278 180 208 590 12
2022 5 968 974 1 087 436 287 667 507 202 893 12
2021 4 615 278 95 472 445 701 911 893 201 806 15
2020 1 003 803 73 192 372 468 235 379 143 586 16
2019 1 313 823 33 085 424 349 220 946 86 894 17
2018 — — — — — 15
2017 — — — — — 10
2016 — — — — — 9
2015 — — — — — 6
2014 — — — — — 4
2013 — — — — — 4
2012 — — — — — 2
2011 — — — — — 2
2010 — — — — — 2
2009 — — — — — 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

Net profit margin
-6.1 %
Net profit / revenue
Return on equity (ROE)
-72.6 %
Net profit / equity
Return on assets (ROA)
-32.4 %
Net profit / assets
Equity ratio
44.6 %
Equity / assets
Debt ratio
55.4 %
Liabilities / assets
Current ratio
1.73
Current assets / current liabilities
Revenue per employee
146 841 €
Revenue / average full-time employees
Labour cost per employee per month
3 453 €
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 1 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 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 30 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 17 Mar 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 6 May 2020 Company’s own e-Äriregister

Board

  • Jaanus Lahe
    Board member · since 6 Jan 2022
  • Christina Värno
    Board member · since 30 Jan 2023
  • Oliver Sibolt
    Board member · since 30 Jan 2023
  • 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

Owner in

Beneficial owners

  • Christina Värno
    Member of a senior management body (management or supervisory board) · since 30 Jan 2023
  • Indrek Saar
    Indirect ownership · since 30 Jan 2023
  • Jaanus Lahe
    Member of a senior management body (management or supervisory board) · since 30 Jan 2023

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 73121Media representation Main
Rulings
Number, date Title Deadline State Document
Ä 20043879 / 23
31 Dec 2025
Amendment entry In force
31 Dec 2025
PDF
Ä 20043879 / 22
10 Apr 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
10 Apr 2025
PDF
Ä 20043879 / 21
30 Jan 2023
Amendment entry In force
30 Jan 2023
PDF
Ä 20043879 / 20
6 Jan 2022
Amendment entry In force
6 Jan 2022
PDF
Ä 20043879 / 19
6 Dec 2021
Amendment entry In force
6 Dec 2021
PDF
Ä 20043879 / 18
1 Oct 2021
Amendment under Commercial Code § 525 (2) In force
1 Oct 2021
PDF
Ä 20043879 / 17
29 Jan 2021
Amendment entry In force
29 Jan 2021
PDF
Ä 20043879 / M4
5 Jan 2021
Procedural ruling 15 Jan 2021 Deficiencies eliminated
29 Dec 2020
PDF
Ä 20043879 / 16
5 Nov 2020
Amendment entry In force
5 Nov 2020
PDF
Ä 20043879 / 15
3 Feb 2020
Amendment entry In force
3 Feb 2020
PDF
Ä 20043879 / 14
24 Jan 2020
Amendment entry In force
24 Jan 2020
PDF
Ä 20043879 / 13
11 Feb 2019
Amendment entry In force
11 Feb 2019
PDF
Ä 20043879 / 12
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 20043879 / 11
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 20043879 / 10
4 Dec 2017
Amendment entry In force
4 Dec 2017
PDF
Ä 20043879 / 9
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20043879 / 8
6 Sep 2017
Amendment entry In force
6 Sep 2017
PDF
Ä 20043879 / 7
10 Mar 2016
Amendment under Commercial Code § 525 (2) In force
10 Mar 2016
PDF
Ä 20043879 / 6
17 Dec 2015
Amendment entry In force
17 Dec 2015
PDF
Ä 20043879 / 5
21 Oct 2014
Amendment entry In force
21 Oct 2014
PDF
Ä 20043879 / 4
16 Apr 2012
Amendment entry In force
16 Apr 2012
PDF
Ä 20043879 / M3
29 Dec 2011
Ruling to eliminate deficiencies In force
29 Dec 2011
PDF
Ä 20043879 / 3
21 Sep 2011
Amendment entry In force
21 Sep 2011
PDF
Ä 20043879 / M2
25 Aug 2011
Ruling to eliminate deficiencies 30 Sep 2011 In force
25 Aug 2011
PDF
Ä 20043879 / 2
4 Mar 2010
Amendment entry In force
4 Mar 2010
PDF
Ä 43879 / M1
4 Jan 2010
Ruling to eliminate deficiencies 4 Feb 2010 In force
4 Jan 2010
PDF
Ä 124412 / 6
16 Mar 2009
Registry card closed after a change of district In force
16 Mar 2009
PDF
Ä 43879
12 Mar 2009
Registry card opened in the department of the new seat In force
13 Mar 2009
PDF
Ä 124412 / 5
11 Mar 2009
Note In force
11 Mar 2009
PDF
Ä 124412 / 4
4 Mar 2009
Note on closing the former card of a transformed company In force
4 Mar 2009
PDF
Ä 124412 / 3
4 Mar 2009
Second (constitutive) transformation entry In force
4 Mar 2009
PDF
Ä 124412 / 2
4 Mar 2009
First (declaratory) transformation entry In force
4 Mar 2009
PDF
Ä 124412
21 Jan 2009
First entry In force
21 Jan 2009
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data