ETSUL INVEST OÜ

Active Registry code 14135991 OÜ Tallinn Registered 18 Oct 2016
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ETSUL INVEST OÜ is a OÜ based in Tallinn, registry code 14135991, status: active. Main activity: Intermediation service activities for non-specialised retail sale. According to EMTA, turnover for Q3 2026 was €228 with 2 employees.

Turnover
228 €
↑ 59.4% vs Q2 2026
State taxes
4 033 €
↓ 43.5% vs Q2 2026
Labour taxes
1 213 €
↑ 0.0% vs Q2 2026
Employees
2
±0 vs Q2 2026

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

Position in the industry Retail trade · EMTAK 47

  • Turnover · Q3 2026 228 €
    industry median 23 652 € · companies in the industry: 7 652
  • Labour taxes per employee 607 €
    industry median 1 201 € · companies in the industry: 4 663
  • Revenue · 2024 285 476 €
    industry median 18 875 € · companies in the industry: 14 003
  • Net profit margin · 2024 46.3 %
    industry median 1.5 % · companies in the industry: 10 033

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 228 € · +59.4% vs Q2 2026 · industry median 23 652 € · above 2% of the industry
050100150Q4 2023 Company: 147 711 € Industry median: 26 822 €Q4·23Q1 2024 Company: 106 668 € Industry median: 23 246 €Q2 2024 Company: 117 157 € Industry median: 26 103 €Q2·24Q3 2024 Company: 3 143 € Industry median: 24 905 €Q4 2024 Company: 1 635 € Industry median: 25 283 €Q4·24Q1 2025 Company: 1 857 € Industry median: 21 556 €Q2 2025 Company: 237 € Industry median: 24 404 €Q2·25Q3 2025 Company: 424 € Industry median: 24 441 €Q4 2025 Company: 2 733 € Industry median: 23 532 €Q4·25Q1 2026 Company: 363 € Industry median: 20 253 €Q2 2026 Company: 143 € Industry median: 23 917 €Q2·26Q3 2026 Company: 228 € Industry median: 23 652 €Q3·260102030Q4 2024 Company: 1 635 € Industry median: 25 283 €Q1 2025 Company: 1 857 € Industry median: 21 556 €Q1·25Q2 2025 Company: 237 € Industry median: 24 404 €Q3 2025 Company: 424 € Industry median: 24 441 €Q3·25Q4 2025 Company: 2 733 € Industry median: 23 532 €Q1 2026 Company: 363 € Industry median: 20 253 €Q1·26Q2 2026 Company: 143 € Industry median: 23 917 €Q3 2026 Company: 228 € Industry median: 23 652 €Q3·26
  • Company
  • Industry median

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

Labour taxes per employee, € Q3 2026: 607 € · +0.0% vs Q2 2026 · industry median 1 201 € · above 19% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 237 € Industry median: 971 €Q4·23Q1 2024 Company: 2 223 € Industry median: 1 002 €Q2 2024 Company: 2 129 € Industry median: 1 009 €Q2·24Q3 2024 Company: 1 646 € Industry median: 1 048 €Q4 2024 Company: 4 967 € Industry median: 1 053 €Q4·24Q1 2025 Company: 1 441 € Industry median: 1 099 €Q2 2025 Company: 2 231 € Industry median: 1 126 €Q2·25Q3 2025 Company: 683 € Industry median: 1 156 €Q4 2025 Company: 880 € Industry median: 1 151 €Q4·25Q1 2026 Company: 742 € Industry median: 1 116 €Q2 2026 Company: 607 € Industry median: 1 131 €Q2·26Q3 2026 Company: 607 € Industry median: 1 201 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 4 967 € Industry median: 1 053 €Q1 2025 Company: 1 441 € Industry median: 1 099 €Q1·25Q2 2025 Company: 2 231 € Industry median: 1 126 €Q3 2025 Company: 683 € Industry median: 1 156 €Q3·25Q4 2025 Company: 880 € Industry median: 1 151 €Q1 2026 Company: 742 € Industry median: 1 116 €Q1·26Q2 2026 Company: 607 € Industry median: 1 131 €Q3 2026 Company: 607 € Industry median: 1 201 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 2 · +0.0% vs Q2 2026
0.00.51.01.52.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 2Q4 2024 Company: 1Q4·24Q1 2025 Company: 2Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q4 2025 Company: 2Q4·25Q1 2026 Company: 2Q2 2026 Company: 2Q2·26Q3 2026 Company: 2Q3·260.00.51.01.52.0Q4 2024 Company: 1Q1 2025 Company: 2Q1·25Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: 2Q1 2026 Company: 2Q1·26Q2 2026 Company: 2Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 4 033 € · −43.5% vs Q2 2026
02 0004 0006 0008 00010 000Q4 2023 Company: 5 509 €Q4·23Q1 2024 Company: 4 265 €Q2 2024 Company: 3 826 €Q2·24Q3 2024 Company: 6 267 €Q4 2024 Company: 9 849 €Q4·24Q1 2025 Company: 9 782 €Q2 2025 Company: 8 820 €Q2·25Q3 2025 Company: 3 376 €Q4 2025 Company: 6 979 €Q4·25Q1 2026 Company: 6 684 €Q2 2026 Company: 7 134 €Q2·26Q3 2026 Company: 4 033 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 9 849 €Q1 2025 Company: 9 782 €Q1·25Q2 2025 Company: 8 820 €Q3 2025 Company: 3 376 €Q3·25Q4 2025 Company: 6 979 €Q1 2026 Company: 6 684 €Q1·26Q2 2026 Company: 7 134 €Q3 2026 Company: 4 033 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 228 4 033 1 213 2
Q2 2026 143 7 134 1 213 2
Q1 2026 363 6 684 1 483 2
Q4 2025 2 733 6 979 1 759 2
Q3 2025 424 3 376 1 365 2
Q2 2025 237 8 820 4 461 2
Q1 2025 1 857 9 782 2 881 2
Q4 2024 1 635 9 849 4 967 1
Q3 2024 3 143 6 267 3 292 2
Q2 2024 117 157 3 826 2 129 1
Q1 2024 106 668 4 265 2 223 1
Q4 2023 147 711 5 509 3 237 1
Q3 2023 262 217 5 564 3 301 1
Q2 2023 248 182 5 345 3 137 1
Q1 2023 106 249 5 940 3 604 1
Q4 2022 224 771 10 351 8 903 1
Q3 2022 265 483 17 723 17 400 2
Q2 2022 253 227 31 611 33 129 3
Q1 2022 326 168 48 794 50 899 3
Labour taxes per employee per month
202 €
Turnover per employee in the quarter
114 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2024
Revenue, € thousand 2024: 285 476 € · −74.5% vs 2023 · industry median 18 875 € · above 85% of the industry
01 0002 0003 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 68 977 € Industry median: 25 000 €20192020 Company: 2 619 736 € Industry median: 21 390 €20202021 Company: 3 829 974 € Industry median: 23 333 €20212022 Company: 1 574 496 € Industry median: 22 891 €20222023 Company: 1 119 212 € Industry median: 20 218 €20232024 Company: 285 476 € Industry median: 18 875 €202401 0002 0003 0004 0002017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 68 977 € Industry median: 25 000 €2020 Company: 2 619 736 € Industry median: 21 390 €20202021 Company: 3 829 974 € Industry median: 23 333 €2022 Company: 1 574 496 € Industry median: 22 891 €20222023 Company: 1 119 212 € Industry median: 20 218 €2024 Company: 285 476 € Industry median: 18 875 €2024
  • Company
  • Industry median

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

Net profit, € thousand 2024: 132 128 € · +353.7% vs 2023 · industry median 0 € · above 98% of the industry
-500-25002505007502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3 734 € Industry median: 246 €20192020 Company: 193 469 € Industry median: 98 €20202021 Company: 702 664 € Industry median: 245 €20212022 Company: -491 073 € Industry median: 96 €20222023 Company: -52 084 € Industry median: 20 €20232024 Company: 132 128 € Industry median: 0 €2024-500-25002505007502017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 3 734 € Industry median: 246 €2020 Company: 193 469 € Industry median: 98 €20202021 Company: 702 664 € Industry median: 245 €2022 Company: -491 073 € Industry median: 96 €20222023 Company: -52 084 € Industry median: 20 €2024 Company: 132 128 € Industry median: 0 €2024
  • Company
  • Industry median

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

Net profit margin, % 2024: 46.3 % · +50.9 pp vs the year before · industry median 1.5 % · above 92% of the industry
-40-2002040602016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 5.4 % Industry median: 2.6 %20192020 Company: 7.4 % Industry median: 2.7 %20202021 Company: 18.3 % Industry median: 3.3 %20212022 Company: -31.2 % Industry median: 2.8 %20222023 Company: -4.7 % Industry median: 2.2 %20232024 Company: 46.3 % Industry median: 1.5 %2024-40-2002040602017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 5.4 % Industry median: 2.6 %2020 Company: 7.4 % Industry median: 2.7 %20202021 Company: 18.3 % Industry median: 3.3 %2022 Company: -31.2 % Industry median: 2.8 %20222023 Company: -4.7 % Industry median: 2.2 %2024 Company: 46.3 % Industry median: 1.5 %2024
  • Company
  • Industry median

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

Assets, € thousand 2024: 190 174 € · +50.8% vs 2023
02004006008001 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 8 111 €20192020 Company: 207 684 €20202021 Company: 806 361 €20212022 Company: 234 106 €20222023 Company: 126 134 €20232024 Company: 190 174 €202402004006008001 0002017 Company: —2018 Company: —20182019 Company: 8 111 €2020 Company: 207 684 €20202021 Company: 806 361 €2022 Company: 234 106 €20222023 Company: 126 134 €2024 Company: 190 174 €2024
Equity, € thousand 2024: 158 242 € · +65.3% vs 2023
02004006008002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 7 311 €20192020 Company: 197 431 €20202021 Company: 712 958 €20212022 Company: 200 811 €20222023 Company: 95 715 €20232024 Company: 158 242 €202402004006008002017 Company: —2018 Company: —20182019 Company: 7 311 €2020 Company: 197 431 €20202021 Company: 712 958 €2022 Company: 200 811 €20222023 Company: 95 715 €2024 Company: 158 242 €2024
Employees 2024: 1 · +0.0% vs 2023 · industry median 2 · above 5% of the industry
0.00.51.01.52.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 220182019 Company: 0 Industry median: 220192020 Company: 2 Industry median: 220202021 Company: 2 Industry median: 220212022 Company: 2 Industry median: 220222023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 220240.00.51.01.52.02017 Company: 0 Industry median: —2018 Company: 0 Industry median: 220182019 Company: 0 Industry median: 22020 Company: 2 Industry median: 220202021 Company: 2 Industry median: 22022 Company: 2 Industry median: 220222023 Company: 1 Industry median: 22024 Company: 1 Industry median: 22024
  • Company
  • Industry median

Industry: Retail trade (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 285 476 132 128 20 019 190 174 158 242 1
2023 1 119 212 -52 084 7 275 126 134 95 715 1
2022 1 574 496 -491 073 204 759 234 106 200 811 2
2021 3 829 974 702 664 177 718 806 361 712 958 2
2020 2 619 736 193 469 19 724 207 684 197 431 2
2019 68 977 3 734 — 8 111 7 311 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 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 2024

Net profit margin
46.3 %
Net profit / revenue
Return on equity (ROE)
83.5 %
Net profit / equity
Return on assets (ROA)
69.5 %
Net profit / assets
Equity ratio
83.2 %
Equity / assets
Debt ratio
16.8 %
Liabilities / assets
Current ratio
0.41
Current assets / current liabilities
Revenue per employee
285 476 €
Revenue / average full-time employees
Labour cost per employee per month
1 668 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 22 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 24 May 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 4 Aug 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 28 Feb 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 21 Apr 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 47911Intermediation service activities for non-specialised retail sale Main
Rulings
Number, date Title Deadline State Document
Ä 50038904 / 5
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50038904 / 4
20 Oct 2020
Amendment entry In force
20 Oct 2020
PDF
Ä 50038904 / 3
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 50038904 / 2
12 Dec 2017
Amendment entry In force
12 Dec 2017
PDF
Ä 50038904 / M2
18 Oct 2016
Ruling to eliminate deficiencies 7 Nov 2016 Deficiencies eliminated
18 Oct 2016
PDF
Ä 50038904
18 Oct 2016
First entry In force
18 Oct 2016
PDF
Ä 50038904 / M1
10 Oct 2016
Ruling to eliminate deficiencies 30 Oct 2016 Deficiencies eliminated
18 Oct 2016
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data