Elevi AS

Active Registry code 12349570 AS Tallinn Registered 21 Sep 2012
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Elevi AS is a AS based in Tallinn, registry code 12349570, status: active. Main activity: Wired, wireless, and satellite telecommunication activities. According to EMTA, turnover for Q3 2026 was €311 406 with 6 employees.

Turnover
311 406 €
↑ 4.4% vs Q2 2026
State taxes
26 872 €
↓ 46.7% vs Q2 2026
Labour taxes
17 920 €
↓ 0.2% vs Q2 2026
Employees
6
±0 vs Q2 2026

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

Position in the industry Telecommunication · EMTAK 61

  • Turnover · Q3 2026 311 406 €
    industry median 27 861 € · companies in the industry: 217
  • Labour taxes per employee 2 987 €
    industry median 2 040 € · companies in the industry: 114
  • Revenue · 2023 703 769 €
    industry median 23 274 € · companies in the industry: 312
  • Net profit margin · 2023 12.4 %
    industry median 4.7 % · companies in the industry: 234

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 311 406 € · +4.4% vs Q2 2026 · industry median 27 861 € · above 80% of the industry
0100200300400Q4 2023 Company: 171 966 € Industry median: 31 932 €Q4·23Q1 2024 Company: 184 688 € Industry median: 32 873 €Q2 2024 Company: 175 243 € Industry median: 30 630 €Q2·24Q3 2024 Company: 192 123 € Industry median: 30 981 €Q4 2024 Company: 177 229 € Industry median: 31 663 €Q4·24Q1 2025 Company: 200 592 € Industry median: 30 804 €Q2 2025 Company: 186 347 € Industry median: 28 773 €Q2·25Q3 2025 Company: 192 888 € Industry median: 29 874 €Q4 2025 Company: 235 888 € Industry median: 28 183 €Q4·25Q1 2026 Company: 242 015 € Industry median: 31 356 €Q2 2026 Company: 298 367 € Industry median: 25 656 €Q2·26Q3 2026 Company: 311 406 € Industry median: 27 861 €Q3·260100200300400Q4 2024 Company: 177 229 € Industry median: 31 663 €Q1 2025 Company: 200 592 € Industry median: 30 804 €Q1·25Q2 2025 Company: 186 347 € Industry median: 28 773 €Q3 2025 Company: 192 888 € Industry median: 29 874 €Q3·25Q4 2025 Company: 235 888 € Industry median: 28 183 €Q1 2026 Company: 242 015 € Industry median: 31 356 €Q1·26Q2 2026 Company: 298 367 € Industry median: 25 656 €Q3 2026 Company: 311 406 € Industry median: 27 861 €Q3·26
  • Company
  • Industry median

Industry: Telecommunication (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 987 € · −0.2% vs Q2 2026 · industry median 2 040 € · above 67% of the industry
01 0002 0003 0004 000Q4 2023 Company: 2 414 € Industry median: 1 923 €Q4·23Q1 2024 Company: 2 430 € Industry median: 2 111 €Q2 2024 Company: 2 389 € Industry median: 2 105 €Q2·24Q3 2024 Company: 2 419 € Industry median: 2 061 €Q4 2024 Company: 2 415 € Industry median: 2 106 €Q4·24Q1 2025 Company: 2 528 € Industry median: 2 118 €Q2 2025 Company: 2 630 € Industry median: 2 126 €Q2·25Q3 2025 Company: 2 662 € Industry median: 2 363 €Q4 2025 Company: 3 113 € Industry median: 2 352 €Q4·25Q1 2026 Company: 3 239 € Industry median: 2 064 €Q2 2026 Company: 2 991 € Industry median: 2 127 €Q2·26Q3 2026 Company: 2 987 € Industry median: 2 040 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 415 € Industry median: 2 106 €Q1 2025 Company: 2 528 € Industry median: 2 118 €Q1·25Q2 2025 Company: 2 630 € Industry median: 2 126 €Q3 2025 Company: 2 662 € Industry median: 2 363 €Q3·25Q4 2025 Company: 3 113 € Industry median: 2 352 €Q1 2026 Company: 3 239 € Industry median: 2 064 €Q1·26Q2 2026 Company: 2 991 € Industry median: 2 127 €Q3 2026 Company: 2 987 € Industry median: 2 040 €Q3·26
  • Company
  • Industry median

Industry: Telecommunication (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 6 · +0.0% vs Q2 2026
0246Q4 2023 Company: 6Q4·23Q1 2024 Company: 6Q2 2024 Company: 6Q2·24Q3 2024 Company: 6Q4 2024 Company: 6Q4·24Q1 2025 Company: 6Q2 2025 Company: 6Q2·25Q3 2025 Company: 6Q4 2025 Company: 6Q4·25Q1 2026 Company: 6Q2 2026 Company: 6Q2·26Q3 2026 Company: 6Q3·260246Q4 2024 Company: 6Q1 2025 Company: 6Q1·25Q2 2025 Company: 6Q3 2025 Company: 6Q3·25Q4 2025 Company: 6Q1 2026 Company: 6Q1·26Q2 2026 Company: 6Q3 2026 Company: 6Q3·26
State taxes, € Q3 2026: 26 872 € · −46.7% vs Q2 2026
020 00040 00060 000Q4 2023 Company: 30 483 €Q4·23Q1 2024 Company: 31 143 €Q2 2024 Company: 25 892 €Q2·24Q3 2024 Company: 27 806 €Q4 2024 Company: 28 218 €Q4·24Q1 2025 Company: 37 360 €Q2 2025 Company: 32 934 €Q2·25Q3 2025 Company: 36 323 €Q4 2025 Company: 41 515 €Q4·25Q1 2026 Company: 42 590 €Q2 2026 Company: 50 391 €Q2·26Q3 2026 Company: 26 872 €Q3·26020 00040 00060 000Q4 2024 Company: 28 218 €Q1 2025 Company: 37 360 €Q1·25Q2 2025 Company: 32 934 €Q3 2025 Company: 36 323 €Q3·25Q4 2025 Company: 41 515 €Q1 2026 Company: 42 590 €Q1·26Q2 2026 Company: 50 391 €Q3 2026 Company: 26 872 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 311 406 26 872 17 920 6
Q2 2026 298 367 50 391 17 947 6
Q1 2026 242 015 42 590 19 433 6
Q4 2025 235 888 41 515 18 676 6
Q3 2025 192 888 36 323 15 973 6
Q2 2025 186 347 32 934 15 777 6
Q1 2025 200 592 37 360 15 165 6
Q4 2024 177 229 28 218 14 491 6
Q3 2024 192 123 27 806 14 516 6
Q2 2024 175 243 25 892 14 331 6
Q1 2024 184 688 31 143 14 580 6
Q4 2023 171 966 30 483 14 484 6
Q3 2023 191 045 18 916 14 106 6
Q2 2023 186 075 29 484 13 925 5
Q1 2023 181 051 26 408 12 389 6
Q4 2022 151 670 12 586 12 271 6
Q3 2022 173 177 19 704 12 281 6
Q2 2022 188 133 14 962 11 820 6
Q1 2022 199 997 24 025 12 319 6
Labour taxes per employee per month
996 €
Turnover per employee in the quarter
51 901 €

Q3 2026 · calculated from EMTA data

Financials by year

2015 – 2024
Revenue, € thousand 2023: 703 769 € · +13.0% vs 2022 · industry median 23 274 € · above 86% of the industry
02505007501 0001 2502015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 029 413 € Industry median: 34 024 €20192020 Company: 940 142 € Industry median: 32 849 €20202021 Company: 1 019 742 € Industry median: 31 500 €20212022 Company: 623 045 € Industry median: 29 691 €20222023 Company: 703 769 € Industry median: 23 274 €20232024 Company: — Industry median: 28 464 €202402505007501 0001 2502017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 1 029 413 € Industry median: 34 024 €2020 Company: 940 142 € Industry median: 32 849 €20202021 Company: 1 019 742 € Industry median: 31 500 €2022 Company: 623 045 € Industry median: 29 691 €20222023 Company: 703 769 € Industry median: 23 274 €2024 Company: — Industry median: 28 464 €2024
  • Company
  • Industry median

Industry: Telecommunication (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2023: 87 443 € · −21.9% vs 2022 · industry median 95 € · above 87% of the industry
01002003004002015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 378 105 € Industry median: 1 011 €20192020 Company: 340 426 € Industry median: 777 €20202021 Company: 375 162 € Industry median: 503 €20212022 Company: 111 979 € Industry median: 127 €20222023 Company: 87 443 € Industry median: 95 €20232024 Company: — Industry median: 306 €202401002003004002017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 378 105 € Industry median: 1 011 €2020 Company: 340 426 € Industry median: 777 €20202021 Company: 375 162 € Industry median: 503 €2022 Company: 111 979 € Industry median: 127 €20222023 Company: 87 443 € Industry median: 95 €2024 Company: — Industry median: 306 €2024
  • Company
  • Industry median

Industry: Telecommunication (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2023: 12.4 % · −5.5 pp vs the year before · industry median 4.7 % · above 67% of the industry
0102030402015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 36.7 % Industry median: 4.9 %20192020 Company: 36.2 % Industry median: 5.4 %20202021 Company: 36.8 % Industry median: 3.5 %20212022 Company: 18.0 % Industry median: 4.1 %20222023 Company: 12.4 % Industry median: 4.7 %20232024 Company: — Industry median: 5.5 %20240102030402017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 36.7 % Industry median: 4.9 %2020 Company: 36.2 % Industry median: 5.4 %20202021 Company: 36.8 % Industry median: 3.5 %2022 Company: 18.0 % Industry median: 4.1 %20222023 Company: 12.4 % Industry median: 4.7 %2024 Company: — Industry median: 5.5 %2024
  • Company
  • Industry median

Industry: Telecommunication (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2023: 2 755 801 € · −1.9% vs 2022
01 0002 0003 0002015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 2 079 203 €20192020 Company: 2 305 136 €20202021 Company: 2 736 148 €20212022 Company: 2 808 550 €20222023 Company: 2 755 801 €20232024 Company: —202401 0002 0003 0002017 Company: —2018 Company: —20182019 Company: 2 079 203 €2020 Company: 2 305 136 €20202021 Company: 2 736 148 €2022 Company: 2 808 550 €20222023 Company: 2 755 801 €2024 Company: —2024
Equity, € thousand 2023: 1 917 955 € · +4.8% vs 2022
05001 0001 5002 0002015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 002 945 €20192020 Company: 1 343 371 €20202021 Company: 1 718 533 €20212022 Company: 1 830 512 €20222023 Company: 1 917 955 €20232024 Company: —202405001 0001 5002 0002017 Company: —2018 Company: —20182019 Company: 1 002 945 €2020 Company: 1 343 371 €20202021 Company: 1 718 533 €2022 Company: 1 830 512 €20222023 Company: 1 917 955 €2024 Company: —2024
Employees 2024: 8 · +0.0% vs 2023 · industry median 2 · above 79% of the industry
02468102015 Company: 5 Industry median: —20152016 Company: 10 Industry median: —20162017 Company: 9 Industry median: —20172018 Company: 8 Industry median: 220182019 Company: 8 Industry median: 220192020 Company: 8 Industry median: 220202021 Company: 8 Industry median: 220212022 Company: 8 Industry median: 220222023 Company: 8 Industry median: 220232024 Company: 8 Industry median: 2202402468102017 Company: 9 Industry median: —2018 Company: 8 Industry median: 220182019 Company: 8 Industry median: 22020 Company: 8 Industry median: 220202021 Company: 8 Industry median: 22022 Company: 8 Industry median: 220222023 Company: 8 Industry median: 22024 Company: 8 Industry median: 22024
  • Company
  • Industry median

Industry: Telecommunication (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
2024 — — — — — 8
2023 703 769 87 443 144 868 2 755 801 1 917 955 8
2022 623 045 111 979 125 955 2 808 550 1 830 512 8
2021 1 019 742 375 162 121 988 2 736 148 1 718 533 8
2020 940 142 340 426 117 967 2 305 136 1 343 371 8
2019 1 029 413 378 105 100 017 2 079 203 1 002 945 8
2018 — — — — — 8
2017 — — — — — 9
2016 — — — — — 10
2015 — — — — — 5
2014 — — — — — 4
2013 — — — — — 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 2023

Net profit margin
12.4 %
Net profit / revenue
Return on equity (ROE)
4.6 %
Net profit / equity
Return on assets (ROA)
3.2 %
Net profit / assets
Equity ratio
69.6 %
Equity / assets
Debt ratio
30.4 %
Liabilities / assets
Current ratio
1.63
Current assets / current liabilities
Revenue per employee
87 971 €
Revenue / average full-time employees
Labour cost per employee per month
1 509 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2023 1 Jan 2023 – 31 Dec 2023 7 Apr 2026 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 22 Dec 2025 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 2 Apr 2024 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 7 Jun 2022 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 22 Oct 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 365 000 € Swedbank AS 7 May 2021 – in force
1 30 000 € Swedbank AS 5 Apr 2017 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Hardi Haring
    Board member · since 21 Sep 2012

Right of representation

Any member of the management board may represent the public limited company in all transactions.

Owners

No owner information.

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 61101Wired, wireless, and satellite telecommunication activities Main
Rulings
Number, date Title Deadline State Document
Ä 10174062 / M15
25 Aug 2026
Fine for not filing the report 22 Sep 2026 In force
22 Sep 2026
PDF
Ä 10174062 / M14
13 Jul 2026
Warning of a fine: annual report not filed 16 Aug 2026 In force
17 Jul 2026
PDF
Ä 10174062 / M13
29 Sep 2025
Fine for not filing the report 22 Oct 2025 In force
23 Oct 2025
PDF
Ä 10174062 / M12
13 Jul 2025
Warning of a fine: annual report not filed 13 Aug 2025 In force
14 Jul 2025
PDF
Ä 10174062 / M11
10 Sep 2024
Fine for not filing the report 25 Sep 2024 In force
26 Sep 2024
PDF
Ä 10174062 / M10
3 Aug 2024
Warning of a fine: annual report not filed 2 Sep 2024 In force
3 Aug 2024
PDF
Ä 10174062 / M9
17 Jul 2024
Fine for not filing the report 1 Aug 2024 Deficiencies eliminated
2 Aug 2024
PDF
Ä 10174062 / M8
3 May 2024
Warning of a fine: annual report not filed 2 Jun 2024 In force
3 May 2024
PDF
Ä 10174062 / M7
7 Feb 2024
Repeated fine for not filing the report 22 Feb 2024 In force
23 Feb 2024
PDF
Ä 10174062 / M6
16 Nov 2023
Fine for not filing the report 2 Dec 2023 In force
3 Dec 2023
PDF
Ä 10174062 / M5
10 Oct 2023
Warning of a fine: annual report not filed 9 Nov 2023 In force
10 Oct 2023
PDF
Ä 10174062 / M4
6 May 2022
Warning of deletion from the register: annual report not filed 7 Nov 2022 Deficiencies eliminated
7 Jun 2022
PDF
Ä 10174062 / M3
14 Apr 2022
Fine for not filing the report 29 Apr 2022 In force
2 May 2022
PDF
Ä 10174062 / M2
4 Mar 2022
Warning of a fine: annual report not filed 3 Apr 2022 Deficiencies eliminated
7 Jun 2022
PDF
K 10174062 / 9
7 May 2021
Commercial pledge entered In force
7 May 2021
PDF
Ä 10174062 / M1
26 Apr 2021
Procedural ruling 6 May 2021 Deficiencies eliminated
7 May 2021
PDF
Ä 10174062 / 8
27 Dec 2018
Amendment entry In force
27 Dec 2018
PDF
Ä 10174062 / 7
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10174062 / 6
2 Dec 2017
Amendment entry In force
2 Dec 2017
PDF
Ä 10174062 / 5
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
K 10174062 / 4
5 Apr 2017
Commercial pledge entered In force
5 Apr 2017
PDF
Ä 10174062 / 3
14 Sep 2016
Amendment entry In force
14 Sep 2016
PDF
Ä 10174062 / 2
19 May 2015
Amendment entry In force
19 May 2015
PDF
Ä 10174062
21 Sep 2012
First entry In force
21 Sep 2012
PDF

Sources: e-Äriregister and EMTA. Data updated 26 Oct 2026. Open at the source ↗ · Report an error in the data