AS TFTAK

Active Registry code 11930972 AS Tallinn Registered 23 Apr 2010
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AS TFTAK is a AS based in Tallinn, registry code 11930972, status: active. Main activity: All other professional, scientific and technical activities n.e.c.. According to EMTA, turnover for Q3 2026 was €906 021 with 93 employees.

Turnover
906 021 €
↓ 20.4% vs Q2 2026
State taxes
446 811 €
↑ 15.1% vs Q2 2026
Labour taxes
453 500 €
↑ 13.4% vs Q2 2026
Employees
93
±0 vs Q2 2026

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

Position in the industry Other professional, scientific and technical activities · EMTAK 74

  • Turnover · Q3 2026 906 021 €
    industry median 9 242 € · companies in the industry: 2 536
  • Labour taxes per employee 4 876 €
    industry median 1 194 € · companies in the industry: 1 746
  • Revenue · 2025 3.3 mn €
    industry median 6 586 € · companies in the industry: 7 527
  • Net profit margin · 2025 6.5 %
    industry median 10.4 % · companies in the industry: 5 370

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 906 021 € · −20.4% vs Q2 2026 · industry median 9 242 € · above 98% of the industry
05001 0001 500Q4 2023 Company: 669 878 € Industry median: 9 785 €Q4·23Q1 2024 Company: 992 582 € Industry median: 8 800 €Q2 2024 Company: 916 681 € Industry median: 8 986 €Q2·24Q3 2024 Company: 428 571 € Industry median: 8 842 €Q4 2024 Company: 663 317 € Industry median: 9 244 €Q4·24Q1 2025 Company: 861 126 € Industry median: 8 763 €Q2 2025 Company: 925 781 € Industry median: 9 000 €Q2·25Q3 2025 Company: 733 241 € Industry median: 8 656 €Q4 2025 Company: 898 628 € Industry median: 9 635 €Q4·25Q1 2026 Company: 1 251 390 € Industry median: 8 777 €Q2 2026 Company: 1 138 364 € Industry median: 9 058 €Q2·26Q3 2026 Company: 906 021 € Industry median: 9 242 €Q3·2605001 0001 500Q4 2024 Company: 663 317 € Industry median: 9 244 €Q1 2025 Company: 861 126 € Industry median: 8 763 €Q1·25Q2 2025 Company: 925 781 € Industry median: 9 000 €Q3 2025 Company: 733 241 € Industry median: 8 656 €Q3·25Q4 2025 Company: 898 628 € Industry median: 9 635 €Q1 2026 Company: 1 251 390 € Industry median: 8 777 €Q1·26Q2 2026 Company: 1 138 364 € Industry median: 9 058 €Q3 2026 Company: 906 021 € Industry median: 9 242 €Q3·26
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 876 € · +13.4% vs Q2 2026 · industry median 1 194 € · above 98% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 905 € Industry median: 933 €Q4·23Q1 2024 Company: 3 986 € Industry median: 999 €Q2 2024 Company: 4 328 € Industry median: 1 040 €Q2·24Q3 2024 Company: 4 431 € Industry median: 1 017 €Q4 2024 Company: 4 111 € Industry median: 1 008 €Q4·24Q1 2025 Company: 4 188 € Industry median: 1 085 €Q2 2025 Company: 4 247 € Industry median: 1 126 €Q2·25Q3 2025 Company: 4 813 € Industry median: 1 126 €Q4 2025 Company: 4 644 € Industry median: 1 136 €Q4·25Q1 2026 Company: 4 403 € Industry median: 1 132 €Q2 2026 Company: 4 301 € Industry median: 1 132 €Q2·26Q3 2026 Company: 4 876 € Industry median: 1 194 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 4 111 € Industry median: 1 008 €Q1 2025 Company: 4 188 € Industry median: 1 085 €Q1·25Q2 2025 Company: 4 247 € Industry median: 1 126 €Q3 2025 Company: 4 813 € Industry median: 1 126 €Q3·25Q4 2025 Company: 4 644 € Industry median: 1 136 €Q1 2026 Company: 4 403 € Industry median: 1 132 €Q1·26Q2 2026 Company: 4 301 € Industry median: 1 132 €Q3 2026 Company: 4 876 € Industry median: 1 194 €Q3·26
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 93 · +0.0% vs Q2 2026
020406080100Q4 2023 Company: 86Q4·23Q1 2024 Company: 83Q2 2024 Company: 80Q2·24Q3 2024 Company: 82Q4 2024 Company: 83Q4·24Q1 2025 Company: 87Q2 2025 Company: 92Q2·25Q3 2025 Company: 89Q4 2025 Company: 88Q4·25Q1 2026 Company: 91Q2 2026 Company: 93Q2·26Q3 2026 Company: 93Q3·26020406080100Q4 2024 Company: 83Q1 2025 Company: 87Q1·25Q2 2025 Company: 92Q3 2025 Company: 89Q3·25Q4 2025 Company: 88Q1 2026 Company: 91Q1·26Q2 2026 Company: 93Q3 2026 Company: 93Q3·26
State taxes, € thousand Q3 2026: 446 811 € · +15.1% vs Q2 2026
0100200300400500Q4 2023 Company: 325 858 €Q4·23Q1 2024 Company: 309 345 €Q2 2024 Company: 339 066 €Q2·24Q3 2024 Company: 339 046 €Q4 2024 Company: 347 074 €Q4·24Q1 2025 Company: 356 729 €Q2 2025 Company: 382 608 €Q2·25Q3 2025 Company: 403 343 €Q4 2025 Company: 421 619 €Q4·25Q1 2026 Company: 436 955 €Q2 2026 Company: 388 154 €Q2·26Q3 2026 Company: 446 811 €Q3·260100200300400500Q4 2024 Company: 347 074 €Q1 2025 Company: 356 729 €Q1·25Q2 2025 Company: 382 608 €Q3 2025 Company: 403 343 €Q3·25Q4 2025 Company: 421 619 €Q1 2026 Company: 436 955 €Q1·26Q2 2026 Company: 388 154 €Q3 2026 Company: 446 811 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 906 021 446 811 453 500 93
Q2 2026 1 138 364 388 154 400 037 93
Q1 2026 1 251 390 436 955 400 672 91
Q4 2025 898 628 421 619 408 700 88
Q3 2025 733 241 403 343 428 323 89
Q2 2025 925 781 382 608 390 765 92
Q1 2025 861 126 356 729 364 322 87
Q4 2024 663 317 347 074 341 236 83
Q3 2024 428 571 339 046 363 330 82
Q2 2024 916 681 339 066 346 219 80
Q1 2024 992 582 309 345 330 837 83
Q4 2023 669 878 325 858 335 862 86
Q3 2023 624 873 338 561 343 521 86
Q2 2023 856 227 310 357 319 636 97
Q1 2023 1 069 992 334 110 356 325 97
Q4 2022 785 267 323 433 346 096 107
Q3 2022 865 804 333 052 354 656 111
Q2 2022 726 219 322 539 310 338 113
Q1 2022 597 915 282 425 294 600 106
Labour taxes per employee per month
1 625 €
Turnover per employee in the quarter
9 742 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 3 268 282 € · +21.7% vs 2024 · industry median 6 586 € · above 98% of the industry
01 0002 0003 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 724 767 € Industry median: 6 976 €20192020 Company: 2 404 350 € Industry median: 6 206 €20202021 Company: 2 532 333 € Industry median: 6 670 €20212022 Company: 2 886 219 € Industry median: 6 917 €20222023 Company: 2 466 976 € Industry median: 6 395 €20232024 Company: 2 685 459 € Industry median: 6 500 €20242025 Company: 3 268 282 € Industry median: 6 586 €202501 0002 0003 0004 0002018 Company: — Industry median: —2019 Company: 1 724 767 € Industry median: 6 976 €20192020 Company: 2 404 350 € Industry median: 6 206 €2021 Company: 2 532 333 € Industry median: 6 670 €20212022 Company: 2 886 219 € Industry median: 6 917 €2023 Company: 2 466 976 € Industry median: 6 395 €20232024 Company: 2 685 459 € Industry median: 6 500 €2025 Company: 3 268 282 € Industry median: 6 586 €2025
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 213 913 € · +186.5% vs 2024 · industry median 107 € · above 98% of the industry
01002003004002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 82 596 € Industry median: 376 €20192020 Company: 352 370 € Industry median: 290 €20202021 Company: 372 234 € Industry median: 454 €20212022 Company: 390 860 € Industry median: 251 €20222023 Company: 231 523 € Industry median: 219 €20232024 Company: 74 661 € Industry median: 183 €20242025 Company: 213 913 € Industry median: 107 €202501002003004002018 Company: — Industry median: —2019 Company: 82 596 € Industry median: 376 €20192020 Company: 352 370 € Industry median: 290 €2021 Company: 372 234 € Industry median: 454 €20212022 Company: 390 860 € Industry median: 251 €2023 Company: 231 523 € Industry median: 219 €20232024 Company: 74 661 € Industry median: 183 €2025 Company: 213 913 € Industry median: 107 €2025
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 6.5 % · +3.8 pp vs the year before · industry median 10.4 % · above 45% of the industry
051015202016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4.8 % Industry median: 13.6 %20192020 Company: 14.7 % Industry median: 14.5 %20202021 Company: 14.7 % Industry median: 16.1 %20212022 Company: 13.5 % Industry median: 12.9 %20222023 Company: 9.4 % Industry median: 13.2 %20232024 Company: 2.8 % Industry median: 11.3 %20242025 Company: 6.5 % Industry median: 10.4 %2025051015202018 Company: — Industry median: —2019 Company: 4.8 % Industry median: 13.6 %20192020 Company: 14.7 % Industry median: 14.5 %2021 Company: 14.7 % Industry median: 16.1 %20212022 Company: 13.5 % Industry median: 12.9 %2023 Company: 9.4 % Industry median: 13.2 %20232024 Company: 2.8 % Industry median: 11.3 %2025 Company: 6.5 % Industry median: 10.4 %2025
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 4 172 361 € · +9.9% vs 2024
01 0002 0003 0004 0005 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 789 758 €20192020 Company: 2 118 708 €20202021 Company: 2 527 762 €20212022 Company: 3 648 195 €20222023 Company: 3 670 180 €20232024 Company: 3 795 311 €20242025 Company: 4 172 361 €202501 0002 0003 0004 0005 0002018 Company: —2019 Company: 1 789 758 €20192020 Company: 2 118 708 €2021 Company: 2 527 762 €20212022 Company: 3 648 195 €2023 Company: 3 670 180 €20232024 Company: 3 795 311 €2025 Company: 4 172 361 €2025
Equity, € thousand 2025: 2 373 769 € · +9.9% vs 2024
05001 0001 5002 0002 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 738 208 €20192020 Company: 1 090 578 €20202021 Company: 1 462 812 €20212022 Company: 1 853 672 €20222023 Company: 2 085 195 €20232024 Company: 2 159 856 €20242025 Company: 2 373 769 €202505001 0001 5002 0002 5002018 Company: —2019 Company: 738 208 €20192020 Company: 1 090 578 €2021 Company: 1 462 812 €20212022 Company: 1 853 672 €2023 Company: 2 085 195 €20232024 Company: 2 159 856 €2025 Company: 2 373 769 €2025
Employees 2025: 80 · +8.1% vs 2024 · industry median 1 · above 98% of the industry
0204060801002016 Company: 45 Industry median: —20162017 Company: 44 Industry median: —20172018 Company: 49 Industry median: 120182019 Company: 59 Industry median: 120192020 Company: 68 Industry median: 120202021 Company: 80 Industry median: 120212022 Company: 94 Industry median: 120222023 Company: 84 Industry median: 120232024 Company: 74 Industry median: 120242025 Company: 80 Industry median: 120250204060801002018 Company: 49 Industry median: 12019 Company: 59 Industry median: 120192020 Company: 68 Industry median: 12021 Company: 80 Industry median: 120212022 Company: 94 Industry median: 12023 Company: 84 Industry median: 120232024 Company: 74 Industry median: 12025 Company: 80 Industry median: 12025
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (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 3 268 282 213 913 3 688 457 4 172 361 2 373 769 80
2024 2 685 459 74 661 3 305 785 3 795 311 2 159 856 74
2023 2 466 976 231 523 3 200 914 3 670 180 2 085 195 84
2022 2 886 219 390 860 3 255 756 3 648 195 1 853 672 94
2021 2 532 333 372 234 2 571 871 2 527 762 1 462 812 80
2020 2 404 350 352 370 2 206 679 2 118 708 1 090 578 68
2019 1 724 767 82 596 1 831 099 1 789 758 738 208 59
2018 — — — — — 49
2017 — — — — — 44
2016 — — — — — 45
2015 — — — — — 48
2014 — — — — — 44
2013 — — — — — 48
2012 — — — — — 46
2011 — — — — — 39
2010 — — — — — 37

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
6.5 %
Net profit / revenue
Return on equity (ROE)
9.0 %
Net profit / equity
Return on assets (ROA)
5.1 %
Net profit / assets
Equity ratio
56.9 %
Equity / assets
Debt ratio
43.1 %
Liabilities / assets
Current ratio
1.49
Current assets / current liabilities
Revenue per employee
40 854 €
Revenue / average full-time employees
Labour cost per employee per month
3 842 €
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 5 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 25 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 20 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 21 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 2 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 16 Jun 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 210 884 € Swedbank AS 8 Jan 2025 – in force
1 10 000 000 EEK Swedbank AS 27 Aug 2010 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Martin Lall
    Board member · since 22 Apr 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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 74991All other professional, scientific and technical activities n.e.c. Main
Rulings
Number, date Title Deadline State Document
Ä 10143155 / M19
3 Apr 2025
Ruling to correct data outside an entry 17 Apr 2025 Deficiencies eliminated
11 Apr 2025
PDF
K 10143155 / M18
8 Jan 2025
Ruling to eliminate deficiencies 7 Feb 2025 Deficiencies eliminated
8 Jan 2025
PDF
K 10143155 / 16
8 Jan 2025
Commercial pledge entered In force
8 Jan 2025
PDF
Ä 10143155 / M17
5 Jul 2024
Ruling to correct data outside an entry 26 Jul 2024 Deficiencies eliminated
18 Jul 2024
PDF
Ä 10143155 / 15
11 Dec 2023
Amendment entry In force
11 Dec 2023
PDF
Ä 10143155 / M16
27 Nov 2023
Ruling to eliminate deficiencies 27 Dec 2023 Deficiencies eliminated
11 Dec 2023
PDF
Ä 10143155 / M15
1 Feb 2023
Ruling to correct data outside an entry 16 Feb 2023 Deficiencies eliminated
3 Feb 2023
PDF
Ä 10143155 / M14
30 Jan 2023
Ruling to correct data outside an entry 13 Feb 2023 Deficiencies eliminated
7 Feb 2023
PDF
Ä 10143155 / 14
9 Dec 2022
Amendment under Commercial Code § 525 (2) In force
9 Dec 2022
PDF
Ä 10143155 / M13
5 Aug 2022
Procedural ruling In force
5 Aug 2022
PDF
Ä 10143155 / M12
1 Jul 2022
Ruling to correct data outside an entry 21 Jul 2022 In force
1 Jul 2022
PDF
Ä 10143155 / M11
23 Nov 2021
Ruling to correct data outside an entry 30 Nov 2021 Deficiencies eliminated
26 Nov 2021
PDF
Ä 10143155 / M10
13 Dec 2019
Ruling to eliminate deficiencies 12 Jan 2020 Deficiencies eliminated
13 Dec 2019
PDF
Ä 10143155 / 13
13 Dec 2019
Amendment entry In force
13 Dec 2019
PDF
Ä 10143155 / M9
22 Nov 2019
Ruling to eliminate deficiencies 22 Dec 2019 Deficiencies eliminated
13 Dec 2019
PDF
Ä 10143155 / M8
23 Oct 2019
Procedural ruling In force
23 Oct 2019
PDF
Ä 10143155 / M7
23 Sep 2019
Ruling to correct data outside an entry 13 Oct 2019 In force
23 Sep 2019
PDF
Ä 10143155 / 12
22 Apr 2019
Amendment entry In force
22 Apr 2019
PDF
Ä 10143155 / M6
15 Apr 2019
Ruling to eliminate deficiencies 5 May 2019 Deficiencies eliminated
22 Apr 2019
PDF
Ä 10143155 / 11
30 Jan 2018
Amendment entry In force
30 Jan 2018
PDF
Ä 10143155 / 10
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10143155 / 9
20 Dec 2017
Amendment entry In force
20 Dec 2017
PDF
Ä 10143155 / M5
14 Dec 2017
Ruling to eliminate deficiencies 13 Jan 2018 Deficiencies eliminated
20 Dec 2017
PDF
Ä 10143155 / 8
1 Dec 2017
Amendment entry In force
1 Dec 2017
PDF
Ä 10143155 / 7
3 Oct 2017
Amendment entry In force
3 Oct 2017
PDF
Ä 10143155 / 6
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10143155 / 5
2 Sep 2016
Amendment entry In force
2 Sep 2016
PDF
Ä 10143155 / M4
15 Jul 2016
Ruling to correct data outside an entry 30 Jul 2016 In force
15 Jul 2016
PDF
Ä 10143155 / 4
7 Nov 2013
Amendment under Commercial Code § 525 (2) In force
7 Nov 2013
PDF
Ä 10143155 / 3
20 Jun 2012
Amendment entry In force
20 Jun 2012
PDF
Ä 10143155 / M3
27 Apr 2012
Ruling to eliminate deficiencies 28 Jul 2012 In force
27 Apr 2012
PDF
Ä 10143155 / M2
5 Mar 2012
Warning of deletion from the register: annual report not filed 6 Aug 2012 Deficiencies eliminated
7 Nov 2012
PDF
Ä 10143155 / 2
2 Mar 2012
Entry refused: deficiencies not eliminated In force
26 Mar 2012
PDF
Ä 10143155 / M1
12 Jan 2012
Ruling to eliminate deficiencies 27 Feb 2012 In force
12 Jan 2012
PDF
K 10147035
27 Aug 2010
Commercial pledge entered In force
27 Aug 2010
PDF
Ä 10143155
23 Apr 2010
First entry In force
23 Apr 2010
PDF

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