Admirals Group AS
Active Registry code 11838516
AS Tallinn Registered 30 Dec 2009
Admirals Group AS is a AS based in Tallinn, registry code 11838516, status: active. Main activity: Activities of holding companies. According to EMTA, turnover for Q3 2026 was €45 348 with employees.
Turnover
45 348 €
↑ 66.1% vs Q2 2026
State taxes
16 712 €
↓ 91.2% vs Q2 2026
Labour taxes
15 395 €
↑ 22.7% vs Q2 2026
Employees
—
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 45 348 €above 72% of companiesindustry median 13 555 € · companies in the industry: 547
- Revenue · 2025 295 000 €above 98% of companiesindustry median 0 € · companies in the industry: 3 672
- Net profit margin · 2025 -442.0 %above 6% 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.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 45 348 | 16 712 | 15 395 | — |
| Q2 2026 | 27 303 | 190 157 | 12 549 | — |
| Q1 2026 | -33 394 | 16 417 | 16 824 | — |
| Q4 2025 | 129 656 | 29 791 | 13 371 | — |
| Q3 2025 | 99 813 | 20 563 | 8 329 | — |
| Q2 2025 | 117 022 | 9 481 | — | — |
| Q1 2025 | 167 719 | 13 796 | 4 073 | — |
| Q4 2024 | 166 921 | 18 863 | — | — |
| Q3 2024 | 160 825 | 23 285 | 3 953 | — |
| Q2 2024 | 162 558 | 7 449 | — | — |
| Q1 2024 | 185 158 | 18 424 | 3 075 | — |
| Q4 2023 | 181 354 | 16 047 | — | — |
| Q3 2023 | 181 196 | 20 557 | 3 126 | — |
| Q2 2023 | 180 663 | 17 633 | 1 | — |
| Q1 2023 | 213 201 | 26 905 | 3 262 | — |
| Q4 2022 | 178 655 | 18 852 | — | — |
| Q3 2022 | 178 779 | 27 233 | 6 135 | — |
| Q2 2022 | 156 425 | 20 219 | 4 179 | — |
| Q1 2022 | 142 214 | 16 325 | 6 632 | — |
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 | 295 000 | -1 304 000 | 52 000 | 18 219 000 | 2 014 000 | 0 |
| 2024 | 38 408 970 | -659 000 | 0 | 19 835 000 | 3 318 000 | 0 |
| 2023 | 577 968 | 2 284 000 | 0 | 19 298 000 | 3 958 000 | 0 |
| 2022 | 606 481 | 256 000 | 25 000 | 19 530 000 | 4 252 000 | 0 |
| 2021 | 491 761 | 2 573 000 | 57 000 | 13 486 000 | 3 996 000 | 1 |
| 2020 | 336 515 | 1 076 000 | 72 000 | 10 952 000 | 4 118 000 | 1 |
| 2019 | 414 049 | 1 404 000 | 63 000 | 8 562 000 | 4 394 000 | 1 |
| 2018 | — | — | — | — | — | 1 |
| 2017 | — | — | — | — | — | 1 |
| 2016 | — | — | — | — | — | 196 |
| 2015 | — | — | — | — | — | 1 |
| 2014 | — | — | — | — | — | 1 |
| 2013 | — | — | — | — | — | 0 |
| 2012 | — | — | — | — | — | 0 |
| 2010 | — | — | — | — | — | 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
-442.0 %
Net profit / revenue
Return on equity (ROE)
-64.7 %
Net profit / equity
Return on assets (ROA)
-7.2 %
Net profit / assets
Equity ratio
11.1 %
Equity / assets
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 27 May 2026 | Consolidated · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 3 Jun 2025 | Company’s own · 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 | 13 Jun 2022 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 26 May 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 22 Apr 2020 | Consolidated · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Alexander TsikhilovBoard member · since 5 Apr 2024
- Liudmila BataevaBoard member · since 2 Dec 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
- Alexander TsikhilovDirect ownership · since 9 Oct 2018
Founders and other persons
- Alexander TsikhilovFounder · 328 600 € · 30 Dec 2009
- Dmitri LaušFounder · 71 400 € · 30 Dec 2009
- Ernst & Young Baltic ASAudit firm · 30 Jul 2025
- Anatolie MihalcencoChairman of the supervisory board · 6 Oct 2025
- Anton TikhomirovSupervisory board member · 6 Oct 2025
- Fedor RaginSupervisory board member · 6 Oct 2025
- Dmitri LaušSupervisory board member · 2 Jul 2026
- Omanikukonto: ALEXANDER TSIKHILOVShareholder · 68 438 € · 16 Aug 2023
- Omanikukonto: DVF GROUP OÜShareholder · 122 500 € · 16 Aug 2023
- Omanikukonto: LAUSH OÜShareholder · 44 000 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 64211Activities of holding companies Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10140323 / 45 16 Sep 2026 |
Amendment entry | In force 16 Sep 2026 |
||
| Ä 10140323 / M23 4 Feb 2026 |
Ruling to eliminate deficiencies | 19 Feb 2026 | Deficiencies eliminated 4 Feb 2026 |
|
| Ä 10140323 / 44 4 Feb 2026 |
Amendment entry | In force 4 Feb 2026 |
||
| Ä 10140323 / 43 2 Dec 2025 |
Amendment entry | In force 2 Dec 2025 |
||
| Ä 10140323 / M22 18 Nov 2025 |
Ruling to eliminate deficiencies | 3 Dec 2025 | Deficiencies eliminated 2 Dec 2025 |
|
| Ä 10140323 / M21 9 Oct 2025 |
Ruling to eliminate deficiencies | 13 Nov 2025 | In force 30 Oct 2025 |
|
| Ä 10140323 / 42 9 Oct 2025 |
Amendment entry | In force 9 Oct 2025 |
||
| Ä 10140323 / 41 9 Oct 2025 |
Amendment entry | In force 9 Oct 2025 |
||
| Ä 10140323 / M20 15 Jul 2025 |
Ruling to correct data outside an entry | 29 Jul 2025 | In force 15 Jul 2025 |
|
| Ä 10140323 / 40 15 Jul 2025 |
Amendment entry | In force 15 Jul 2025 |
||
| Ä 10140323 / 39 16 Jul 2024 |
Amendment entry | In force 16 Jul 2024 |
||
| Ä 10140323 / M19 9 Jul 2024 |
Ruling to eliminate deficiencies | 24 Jul 2024 | Deficiencies eliminated 16 Jul 2024 |
|
| Ä 10140323 / 38 5 Apr 2024 |
Amendment entry | In force 5 Apr 2024 |
||
| Ä 10140323 / M18 25 Mar 2024 |
Ruling to eliminate deficiencies | 24 Apr 2024 | Deficiencies eliminated 5 Apr 2024 |
|
| Ä 10140323 / 37 8 Mar 2024 |
Entry refused | In force 24 Mar 2024 |
||
| Ä 10140323 / 36 12 Jan 2024 |
Amendment entry | In force 12 Jan 2024 |
||
| Ä 10140323 / 35 9 Aug 2023 |
Amendment entry | In force 9 Aug 2023 |
||
| Ä 10140323 / M17 4 Aug 2023 |
Ruling to eliminate deficiencies | 28 Aug 2023 | Deficiencies eliminated 9 Aug 2023 |
|
| Ä 10140323 / 34 17 Nov 2022 |
Amendment entry | In force 17 Nov 2022 |
||
| Ä 10140323 / 33 29 Sep 2022 |
Amendment entry | In force 29 Sep 2022 |
||
| Ä 10140323 / 32 2 Aug 2022 |
Amendment entry | In force 2 Aug 2022 |
||
| Ä 10140323 / 31 22 Dec 2021 |
Amendment entry | In force 22 Dec 2021 |
||
| Ä 10140323 / 30 13 Dec 2021 |
Amendment under Commercial Code § 525 (2) | In force 13 Dec 2021 |
||
| Ä 10140323 / 29 5 Aug 2021 |
Amendment entry | In force 5 Aug 2021 |
||
| Ä 10140323 / M16 26 Jul 2021 |
Ruling to eliminate deficiencies | 10 Aug 2021 | Deficiencies eliminated 5 Aug 2021 |
|
| Ä 10140323 / M15 6 Jul 2021 |
Ruling to eliminate deficiencies | 20 Jul 2021 | Deficiencies eliminated 6 Jul 2021 |
|
| Ä 10140323 / 28 6 Jul 2021 |
Amendment entry | In force 6 Jul 2021 |
||
| Ä 10140323 / 27 17 Jun 2021 |
Amendment entry | In force 17 Jun 2021 |
||
| Ä 10140323 / 26 27 Apr 2021 |
Amendment entry | In force 27 Apr 2021 |
||
| Ä 10140323 / 25 16 Mar 2021 |
Amendment entry | In force 16 Mar 2021 |
||
| Ä 10140323 / 24 15 Mar 2021 |
Amendment entry | In force 15 Mar 2021 |
||
| Ä 10140323 / M14 8 Mar 2021 |
Ruling to eliminate deficiencies | 18 Mar 2021 | Deficiencies eliminated 15 Mar 2021 |
|
| Ä 10140323 / 23 25 Jan 2021 |
Amendment entry | In force 25 Jan 2021 |
||
| Ä 10140323 / M13 26 Oct 2020 |
Ruling to correct data outside an entry | 13 Nov 2020 | Deficiencies eliminated 27 Oct 2020 |
|
| Ä 10140323 / M12 14 Oct 2020 |
Procedural ruling | 13 Nov 2020 | Deficiencies eliminated 27 Oct 2020 |
|
| Ä 10140323 / 22 6 Jul 2020 |
Amendment entry | In force 6 Jul 2020 |
||
| Ä 10140323 / 21 16 Feb 2020 |
Amendment entry | In force 16 Feb 2020 |
||
| Ä 10140323 / 20 13 Jan 2020 |
Amendment entry | In force 13 Jan 2020 |
||
| Ä 10140323 / 19 9 Dec 2019 |
Entry refused | In force 2 Jan 2020 |
||
| Ä 10140323 / M11 12 Dec 2018 |
Ruling to correct data outside an entry | 11 Jan 2019 | Deficiencies eliminated 21 Dec 2018 |
|
| Ä 10140323 / 18 22 Oct 2018 |
Amendment under Commercial Code § 525 (2) | In force 22 Oct 2018 |
||
| Ä 10140323 / 17 19 Oct 2018 |
Amendment entry | In force 19 Oct 2018 |
||
| Ä 10140323 / M10 18 Jan 2018 |
Ruling to eliminate deficiencies | 7 Feb 2018 | Deficiencies eliminated 18 Jan 2018 |
|
| Ä 10140323 / 16 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 10140323 / 15 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10140323 / 14 1 Dec 2017 |
Amendment entry | In force 1 Dec 2017 |
||
| Ä 10140323 / 13 10 Oct 2017 |
Amendment entry | In force 10 Oct 2017 |
||
| Ä 10140323 / 12 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10140323 / 11 4 Apr 2017 |
Amendment entry | In force 4 Apr 2017 |
||
| Ä 10140323 / 10 14 Sep 2016 |
Amendment entry | In force 14 Sep 2016 |
||
| Ä 10140323 / 9 23 Aug 2016 |
Amendment entry | In force 23 Aug 2016 |
||
| Ä 10140323 / M9 16 Aug 2016 |
Ruling to eliminate deficiencies | 31 Aug 2016 | Deficiencies eliminated 23 Aug 2016 |
|
| Ä 10140323 / 8 15 Jun 2016 |
Entry refused: deficiencies not eliminated | In force 1 Jul 2016 |
||
| Ä 10140323 / M8 9 May 2016 |
Ruling to eliminate deficiencies | 8 Jun 2016 | In force 9 May 2016 |
|
| Ä 10140323 / 7 28 Mar 2016 |
Amendment entry | In force 28 Mar 2016 |
||
| Ä 10140323 / 6 22 Mar 2016 |
Amendment entry | In force 22 Mar 2016 |
||
| Ä 10140323 / M7 16 Mar 2016 |
Ruling to eliminate deficiencies | 31 Mar 2016 | Deficiencies eliminated 22 Mar 2016 |
|
| Ä 10140323 / 5 4 Mar 2016 |
Amendment entry | In force 4 Mar 2016 |
||
| Ä 10140323 / M6 23 Feb 2016 |
Ruling to eliminate deficiencies | 4 Mar 2016 | Deficiencies eliminated 3 Mar 2016 |
|
| Ä 10140323 / M5 17 Feb 2016 |
Ruling to eliminate deficiencies | 8 Mar 2016 | Deficiencies eliminated 3 Mar 2016 |
|
| Ä 10140323 / M4 19 Oct 2015 |
Ruling to correct data outside an entry | 18 Nov 2015 | In force 19 Oct 2015 |
|
| Ä 10140323 / 4 2 Sep 2014 |
Amendment entry | In force 2 Sep 2014 |
||
| Ä 10140323 / M3 5 Aug 2014 |
Ruling to eliminate deficiencies | 4 Sep 2014 | Deficiencies eliminated 27 Aug 2014 |
|
| Ä 10140323 / M2 24 Sep 2013 |
Refund of the state fee | In force 24 Sep 2013 |
||
| Ä 10140323 / 3 7 Feb 2012 |
Amendment entry | In force 7 Feb 2012 |
||
| Ä 10140323 / 2 3 Aug 2011 |
Amendment entry | In force 3 Aug 2011 |
||
| Ä 10140323 / M1 18 Jul 2011 |
Ruling to eliminate deficiencies | 9 Sep 2011 | In force 18 Jul 2011 |
|
| Ä 140323 30 Dec 2009 |
First entry | In force 30 Dec 2009 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data