Aktsiaselts KredEx Krediidikindlustus
Active Registry code 11948506
AS Tallinn Registered 31 May 2010
Aktsiaselts KredEx Krediidikindlustus is a AS based in Tallinn, registry code 11948506, status: active. Main activity: Non-life insurance. According to EMTA, turnover for Q3 2026 was €29 738 with 11 employees.
Turnover
29 738 €
↓ 48.4% vs Q2 2026
State taxes
82 046 €
↓ 64.4% vs Q2 2026
Labour taxes
83 174 €
↓ 28.6% vs Q2 2026
Employees
11
−1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 29 738 €above 29% of companiesindustry median 110 827 € · companies in the industry: 22
- Labour taxes per employee 7 561 €above 90% of companiesindustry median 5 248 € · companies in the industry: 25
- Revenue · 2025 1.7 mn €above 70% of companiesindustry median 87 188 € · companies in the industry: 31
- Net profit margin · 2025 22.5 %above 68% of companiesindustry median 14.1 % · companies in the industry: 23
Taxes and turnover
- Company
- Industry median
Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Insurance, reinsurance and pension funding, except compulsory social security (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 | 29 738 | 82 046 | 83 174 | 11 |
| Q2 2026 | 57 587 | 230 181 | 116 499 | 12 |
| Q1 2026 | 49 668 | 82 930 | 82 479 | 11 |
| Q4 2025 | 49 384 | 87 085 | 82 439 | 11 |
| Q3 2025 | 38 889 | 81 429 | 81 205 | 11 |
| Q2 2025 | 55 346 | 221 943 | 117 847 | 11 |
| Q1 2025 | 37 698 | 79 012 | 79 221 | 11 |
| Q4 2024 | 63 735 | 85 169 | 78 007 | 11 |
| Q3 2024 | 33 736 | 80 461 | 80 659 | 11 |
| Q2 2024 | 51 054 | 94 729 | 91 690 | 11 |
| Q1 2024 | 36 607 | 78 484 | 77 303 | 10 |
| Q4 2023 | 73 441 | 85 486 | 78 559 | 11 |
| Q3 2023 | 35 880 | 82 397 | 83 036 | 9 |
| Q2 2023 | 40 974 | 71 907 | 71 599 | 11 |
| Q1 2023 | 70 088 | 77 278 | 70 944 | 10 |
| Q4 2022 | 63 545 | 73 235 | 68 889 | 11 |
| Q3 2022 | 56 068 | 172 430 | 69 168 | 12 |
| Q2 2022 | 55 740 | 84 447 | 81 871 | 12 |
| Q1 2022 | 58 092 | 70 354 | 64 994 | 11 |
Labour taxes per employee per month
2 520 €
Turnover per employee in the quarter
2 703 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Insurance, reinsurance and pension funding, except compulsory social security (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 | 1 694 001 | 381 639 | 810 552 | 39 367 643 | 21 588 448 | 11 |
| 2024 | 1 604 127 | 808 551 | — | 39 175 507 | 21 571 834 | 11 |
| 2023 | 1 827 206 | 1 450 793 | — | 38 136 345 | 20 763 283 | 11 |
| 2022 | 2 751 172 | — | — | 37 707 590 | — | 11 |
| 2021 | 2 991 709 | 443 644 | — | 39 687 186 | 21 205 966 | 12 |
| 2020 | 2 109 200 | -304 037 | 265 170 | 39 869 229 | 20 762 322 | 12 |
| 2019 | 1 600 490 | 619 016 | — | 38 710 615 | 21 216 359 | 0 |
| 2018 | — | — | — | — | — | 10 |
| 2017 | — | — | — | — | — | 10 |
| 2016 | — | — | — | — | — | 8 |
| 2015 | — | — | — | — | — | 8 |
| 2014 | — | — | — | — | — | 8 |
| 2013 | — | — | — | — | — | 8 |
| 2012 | — | — | — | — | — | 8 |
| 2011 | — | — | — | — | — | 7 |
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
22.5 %
Net profit / revenue
Return on equity (ROE)
1.8 %
Net profit / equity
Return on assets (ROA)
1.0 %
Net profit / assets
Equity ratio
54.8 %
Equity / assets
Revenue per employee
154 000 €
Revenue / average full-time employees
Labour cost per employee per month
6 141 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 21 May 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Apr 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 25 Apr 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 28 Apr 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 4 May 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 29 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 4 Jun 2020 | Company’s own · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 27 Sep 2017
- Signe RähesooBoard member · since 8 Apr 2021
- Katrin SaviBoard member · since 4 Jul 2023
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Liina VahtrasRight to appoint or remove most of the management · since 23 Sep 2026
- Ursel VelveMember of a senior management body (management or supervisory board) · since 10 Nov 2025
- Hele-Liis ViirsaluMember of a senior management body (management or supervisory board) · since 26 Nov 2024
- Katrin SaviMember of a senior management body (management or supervisory board) · since 3 Jul 2023
- Martti KalvikMember of a senior management body (management or supervisory board) · since 13 Jan 2023
- Signe RähesooMember of a senior management body (management or supervisory board) · since 6 Apr 2021
Founders and other persons
- Eesti Vabariik (riigivara valitseja Majandus-ja Kommunikatsiooniministeerium)Founder · 200 000 000 € · 27 May 2010
- Sihtasutus KredExFounder · 100 000 000 € · 27 May 2010
- KPMG Baltics OÜAudit firm · 25 Sep 2024
- Ursel VelveChairman of the supervisory board · 7 Nov 2025
- Hele-Liis ViirsaluSupervisory board member · 26 Nov 2024
- Martti KalvikSupervisory board member · 6 Jan 2026
- Omanikukonto: ETTEVÕTLUSE JA INNOVATSIOONI SIHTASUTUSShareholder · 6 391 200 € · 16 Aug 2023
- Omanikukonto: MAJANDUS-JA KOMMUNIKATSIOONIMINISTEERIUMShareholder · 12 782 400 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 65121Non-life insurance Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10144440 / 24 2 Sep 2026 |
Amendment entry | In force 2 Sep 2026 |
||
| Ä 10144440 / M5 13 May 2026 |
Ruling to eliminate deficiencies in the annual report | 12 Jun 2026 | Deficiencies eliminated 21 May 2026 |
|
| Ä 10144440 / M4 22 May 2024 |
Ruling to correct data outside an entry | 5 Jun 2024 | Deficiencies eliminated 3 Jun 2024 |
|
| Ä 10144440 / 23 4 Jul 2023 |
Amendment entry | In force 4 Jul 2023 |
||
| Ä 10144440 / 22 14 Nov 2022 |
Amendment under Commercial Code § 525 (2) | In force 14 Nov 2022 |
||
| Ä 10144440 / M3 29 Apr 2022 |
Ruling to eliminate deficiencies in the annual report | 29 May 2022 | Deficiencies eliminated 4 May 2022 |
|
| Ä 10144440 / 21 28 Apr 2022 |
Amendment entry | In force 28 Apr 2022 |
||
| Ä 10144440 / 20 1 Feb 2022 |
Amendment entry | In force 1 Feb 2022 |
||
| Ä 10144440 / 19 10 Nov 2021 |
Amendment entry | In force 10 Nov 2021 |
||
| Ä 10144440 / 18 8 Apr 2021 |
Amendment entry | In force 8 Apr 2021 |
||
| Ä 10144440 / 17 29 Jan 2021 |
Amendment entry | In force 29 Jan 2021 |
||
| Ä 10144440 / 16 6 Jan 2021 |
Amendment entry | In force 6 Jan 2021 |
||
| Ä 10144440 / 15 28 Dec 2020 |
Amendment entry | In force 28 Dec 2020 |
||
| Ä 10144440 / 14 21 Jul 2020 |
Amendment entry | In force 21 Jul 2020 |
||
| Ä 10144440 / 13 16 Aug 2019 |
Amendment entry | In force 16 Aug 2019 |
||
| Ä 10144440 / 12 2 Jul 2019 |
Amendment entry | In force 2 Jul 2019 |
||
| Ä 10144440 / 11 3 May 2019 |
Amendment entry | In force 3 May 2019 |
||
| Ä 10144440 / 10 8 Mar 2018 |
Amendment entry | In force 8 Mar 2018 |
||
| Ä 10144440 / 9 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10144440 / 8 13 Dec 2017 |
Amendment entry | In force 13 Dec 2017 |
||
| Ä 10144440 / M2 4 Dec 2017 |
Ruling to eliminate deficiencies | 18 Dec 2017 | Deficiencies eliminated 13 Dec 2017 |
|
| Ä 10144440 / 7 1 Dec 2017 |
Amendment entry | In force 1 Dec 2017 |
||
| Ä 10144440 / 6 27 Sep 2017 |
Amendment entry | In force 27 Sep 2017 |
||
| Ä 10144440 / 5 7 Aug 2017 |
Amendment entry | In force 7 Aug 2017 |
||
| Ä 10144440 / 4 14 Sep 2016 |
Amendment entry | In force 14 Sep 2016 |
||
| Ä 10144440 / 3 29 Aug 2012 |
Amendment entry | In force 29 Aug 2012 |
||
| Ä 10144440 / M1 27 Aug 2012 |
Ruling to eliminate deficiencies | 10 Oct 2012 | In force 27 Aug 2012 |
|
| Ä 10144440 / 2 2 Jun 2010 |
Amendment under Commercial Code § 525 (2) | In force 2 Jun 2010 |
||
| Ä 10144440 31 May 2010 |
First entry | In force 31 May 2010 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data