Hüpoteeklaen AS
Active Registry code 11663703
AS Tallinn Registered 2 Jun 2009
Hüpoteeklaen AS is a AS based in Tallinn, registry code 11663703, status: active. Main activity: Other credit granting, except pawn shops. According to EMTA, turnover for Q3 2026 was €16 159 with 45 employees.
Turnover
16 159 €
↑ 5.3% vs Q2 2026
State taxes
470 972 €
↑ 45.3% vs Q2 2026
Labour taxes
491 287 €
↑ 45.6% vs Q2 2026
Employees
45
+2 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 16 159 €above 54% of companiesindustry median 13 555 € · companies in the industry: 547
- Labour taxes per employee 10 917 €above 91% of companiesindustry median 2 214 € · companies in the industry: 443
- Revenue · 2025 15.5 mn €above 98% of companiesindustry median 0 € · companies in the industry: 3 672
- Net profit margin · 2025 18.3 %above 42% of companiesindustry median 34.4 % · companies in the industry: 770
Taxes and turnover
- 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.
- 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.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 16 159 | 470 972 | 491 287 | 45 |
| Q2 2026 | 15 343 | 324 244 | 337 368 | 43 |
| Q1 2026 | 12 066 | 408 395 | 422 813 | 42 |
| Q4 2025 | 618 | 326 238 | 340 639 | 41 |
| Q3 2025 | 494 | 376 080 | 389 328 | 41 |
| Q2 2025 | — | 297 235 | 311 547 | 38 |
| Q1 2025 | — | 327 636 | 338 402 | 39 |
| Q4 2024 | — | 230 667 | 238 516 | 39 |
| Q3 2024 | — | 522 408 | 423 504 | 35 |
| Q2 2024 | — | 211 739 | 218 385 | 34 |
| Q1 2024 | — | 238 735 | 243 157 | 32 |
| Q4 2023 | — | 186 490 | 191 355 | 28 |
| Q3 2023 | — | 413 415 | 311 602 | 29 |
| Q2 2023 | — | 171 801 | 175 823 | 26 |
| Q1 2023 | — | 195 260 | 199 810 | 26 |
| Q4 2022 | — | 154 485 | 157 526 | 25 |
| Q3 2022 | — | 361 026 | 258 325 | 24 |
| Q2 2022 | — | 138 164 | 140 747 | 23 |
| Q1 2022 | — | 185 849 | 192 057 | 19 |
Labour taxes per employee per month
3 639 €
Turnover per employee in the quarter
359 €
Q3 2026 · calculated from EMTA data
Financials by year
- 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.
- 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.
- 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.
- 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.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 15 478 776 | 2 829 302 | 3 218 772 | 124 086 349 | 23 174 499 | 44 |
| 2024 | 13 784 502 | 1 834 465 | 2 619 024 | 105 930 517 | 17 449 286 | 37 |
| 2023 | 12 760 490 | 3 106 678 | 1 916 805 | 91 189 687 | 16 589 881 | 29 |
| 2022 | 10 249 099 | 2 800 018 | 1 576 743 | 90 080 839 | 14 498 664 | 24 |
| 2021 | 7 897 088 | 1 995 208 | 1 379 684 | 74 248 291 | 12 718 551 | 21 |
| 2020 | 6 521 974 | 1 311 043 | 1 319 437 | 57 387 808 | 11 360 260 | 18 |
| 2019 | 6 731 179 | 1 307 953 | 1 200 257 | 57 734 985 | 10 707 179 | 19 |
| 2018 | — | — | — | — | — | 16 |
| 2017 | — | — | — | — | — | 14 |
| 2016 | — | — | — | — | — | 10 |
| 2015 | — | — | — | — | — | 9 |
| 2014 | — | — | — | — | — | 9 |
| 2013 | — | — | — | — | — | 7 |
| 2012 | — | — | — | — | — | 3 |
| 2011 | — | — | — | — | — | 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
18.3 %
Net profit / revenue
Return on equity (ROE)
12.2 %
Net profit / equity
Return on assets (ROA)
2.3 %
Net profit / assets
Equity ratio
18.7 %
Equity / assets
Revenue per employee
351 790 €
Revenue / average full-time employees
Labour cost per employee per month
6 096 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Consolidated · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Jun 2025 | Consolidated · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 30 Jun 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 30 Jun 2022 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 29 Jun 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 30 Jun 2020 | Consolidated · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Toomas PajuBoard member · since 19 Nov 2010
- Tea KaasikBoard member · since 9 Oct 2017
- Raido RoosBoard member · since 11 Jan 2021
- Hans PajomaBoard member · since 3 Apr 2025
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Owner in
- 100%
Beneficial owners
- Boris ShesterikovDirect ownership · since 12 Sep 2018
- Marina LipavskiDirect ownership · since 12 Sep 2018
- Toomas PajuDirect ownership · since 12 Sep 2018
Founders and other persons
- Hansaconsult SEC OÜFounder · 40 000 € · 2 Jun 2009
- KPMG Baltics OÜAudit firm · 19 Jul 2022
- Madis ToomsaluChairman of the supervisory board · 15 Jan 2026
- Kaido VestbergSupervisory board member · 10 Jun 2022
- Liis VaikSupervisory board member · 10 Jun 2022
- Raiko VähkSupervisory board member · 13 Jun 2022
- Omanikukonto: Marina LipavskiShareholder · 1 620 000 € · 16 Aug 2023
- Omanikukonto: Toomas PajuShareholder · 1 620 000 € · 16 Aug 2023
- Omanikukonto: Boris ShesterikovShareholder · 810 000 € · 22 Jan 2026
Related companies
Activities (EMTAK)
- 64929Other credit granting, except pawn shops Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10130030 / M11 3 Jun 2026 |
Ruling to eliminate deficiencies | 18 Jun 2026 | Deficiencies eliminated 3 Jun 2026 |
|
| Ä 10130030 / 29 3 Jun 2026 |
Amendment entry | In force 3 Jun 2026 |
||
| Ä 10130030 / M10 19 Jan 2026 |
Ruling to eliminate deficiencies | 3 Feb 2026 | Deficiencies eliminated 19 Jan 2026 |
|
| Ä 10130030 / 28 19 Jan 2026 |
Amendment entry | In force 19 Jan 2026 |
||
| Ä 10130030 / 27 3 Apr 2025 |
Amendment entry | In force 3 Apr 2025 |
||
| Ä 10130030 / M9 20 Jul 2022 |
Ruling to correct data outside an entry | 3 Aug 2022 | Deficiencies eliminated 21 Jul 2022 |
|
| Ä 10130030 / M8 20 Jun 2022 |
Ruling to correct data outside an entry | 20 Jul 2022 | Deficiencies eliminated 21 Jun 2022 |
|
| Ä 10130030 / 26 14 Dec 2021 |
Amendment entry | In force 14 Dec 2021 |
||
| Ä 10130030 / M7 13 Dec 2021 |
Ruling to eliminate deficiencies | 2 Jan 2022 | Deficiencies eliminated 14 Dec 2021 |
|
| Ä 10130030 / 25 11 Jan 2021 |
Amendment entry | In force 11 Jan 2021 |
||
| Ä 10130030 / 24 3 Jun 2019 |
Amendment entry | In force 3 Jun 2019 |
||
| Ä 10130030 / M6 11 Apr 2019 |
Ruling to eliminate deficiencies | 26 Apr 2019 | Deficiencies eliminated 11 Apr 2019 |
|
| Ä 10130030 / 23 11 Apr 2019 |
Amendment entry | In force 11 Apr 2019 |
||
| Ä 10130030 / M5 4 Dec 2018 |
Ruling to eliminate deficiencies | 3 Jan 2019 | Deficiencies eliminated 14 Dec 2018 |
|
| Ä 10130030 / 22 5 Jun 2018 |
Amendment under Commercial Code § 525 (2) | In force 5 Jun 2018 |
||
| Ä 10130030 / 21 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10130030 / 20 1 Dec 2017 |
Amendment entry | In force 1 Dec 2017 |
||
| Ä 10130030 / 19 9 Oct 2017 |
Amendment entry | In force 9 Oct 2017 |
||
| Ä 10130030 / 18 2 Oct 2017 |
Amendment entry | In force 2 Oct 2017 |
||
| Ä 10130030 / 17 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10130030 / 16 23 Aug 2017 |
Transformation entry | In force 23 Aug 2017 |
||
| Ä 10130030 / 15 23 Aug 2017 |
Amendment entry | In force 23 Aug 2017 |
||
| Ä 10130030 / 14 21 Mar 2017 |
Amendment entry | In force 21 Mar 2017 |
||
| Ä 10130030 / M4 20 Mar 2017 |
Ruling to eliminate deficiencies | 19 Apr 2017 | Deficiencies eliminated 21 Mar 2017 |
|
| Ä 10130030 / 13 23 Sep 2016 |
Amendment entry | In force 23 Sep 2016 |
||
| Ä 10130030 / 12 12 Jan 2016 |
Amendment entry | In force 12 Jan 2016 |
||
| K 10130030 / 11 17 Sep 2014 |
Commercial pledge deleted | In force 17 Sep 2014 |
||
| Ä 10130030 / 10 3 Sep 2014 |
Amendment entry | In force 3 Sep 2014 |
||
| K 10130030 / M3 24 Jul 2013 |
Ruling annulling a ruling | In force 24 Jul 2013 |
||
| K 10130030 / 9 24 Jul 2013 |
Entry to enforce another court decision | In force 24 Jul 2013 |
||
| K 10130030 / M2 3 Jun 2013 |
Appeal left without action | 18 Jun 2013 | Deficiencies eliminated 4 Jun 2013 |
|
| Ä 10130030 / 8 20 May 2013 |
Amendment entry | In force 20 May 2013 |
||
| Ä 10130030 / 6 10 Feb 2012 |
Amendment entry | In force 10 Feb 2012 |
||
| Ä 10130030 / M1 1 Feb 2012 |
Ruling to eliminate deficiencies | 30 Mar 2012 | In force 1 Feb 2012 |
|
| K 10149874 / 2 12 Jan 2011 |
Commercial pledge entered | In force 12 Jan 2011 |
||
| K 10149874 / M2 11 Jan 2011 |
Ruling to eliminate deficiencies | 28 Feb 2011 | In force 11 Jan 2011 |
|
| K 10149874 28 Dec 2010 |
Entry refused: deficiencies not eliminated | In force 29 Dec 2010 |
||
| Ä 10130030 / 5 19 Nov 2010 |
Amendment entry | In force 19 Nov 2010 |
||
| K 10149874 / M1 16 Nov 2010 |
Ruling to eliminate deficiencies | 17 Dec 2010 | In force 16 Nov 2010 |
|
| Ä 10130030 / 4 30 Jun 2010 |
Amendment under Commercial Code § 525 (2) | In force 30 Jun 2010 |
||
| Ä 130030 / 3 4 Feb 2010 |
Amendment entry | In force 4 Feb 2010 |
||
| Ä 130030 / 2 10 Jun 2009 |
Amendment entry | In force 10 Jun 2009 |
||
| Ä 130030 2 Jun 2009 |
First entry | In force 2 Jun 2009 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data