Südamekodud AS

Active Registry code 14168513 AS Tallinn Registered 13 Dec 2016
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Südamekodud AS is a AS based in Tallinn, registry code 14168513, status: active. Main activity: Residential care activities for older persons or persons with physical disabilities. Its annual report for 2025 shows revenue of €16 235 003 and 277 employees.

Turnover
—
State taxes
1 774 879 €
↑ 144.1% vs Q2 2026
Labour taxes
1 355 987 €
↑ 74.7% vs Q2 2026
Employees
709
+24 vs Q2 2026

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

Position in the industry Residential care activities · EMTAK 87

  • Labour taxes per employee 1 913 €
    industry median 1 988 € · companies in the industry: 199
  • Revenue · 2025 16.2 mn €
    industry median 0 € · companies in the industry: 259
  • Net profit margin · 2025 28.5 %
    industry median 3.9 % · companies in the industry: 204

Taxes and turnover

Q4 2023 – Q3 2026
Labour taxes per employee, € Q3 2026: 1 913 € · +68.8% vs Q2 2026 · industry median 1 988 € · above 46% of the industry
05001 0001 5002 000Q4 2023 Company: 1 367 € Industry median: 1 502 €Q4·23Q1 2024 Company: 1 440 € Industry median: 1 507 €Q2 2024 Company: 1 523 € Industry median: 1 561 €Q2·24Q3 2024 Company: 1 500 € Industry median: 1 704 €Q4 2024 Company: 1 476 € Industry median: 1 683 €Q4·24Q1 2025 Company: 1 667 € Industry median: 1 869 €Q2 2025 Company: 1 380 € Industry median: 1 808 €Q2·25Q3 2025 Company: 1 380 € Industry median: 1 995 €Q4 2025 Company: 1 352 € Industry median: 1 901 €Q4·25Q1 2026 Company: 1 337 € Industry median: 1 923 €Q2 2026 Company: 1 133 € Industry median: 1 782 €Q2·26Q3 2026 Company: 1 913 € Industry median: 1 988 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 476 € Industry median: 1 683 €Q1 2025 Company: 1 667 € Industry median: 1 869 €Q1·25Q2 2025 Company: 1 380 € Industry median: 1 808 €Q3 2025 Company: 1 380 € Industry median: 1 995 €Q3·25Q4 2025 Company: 1 352 € Industry median: 1 901 €Q1 2026 Company: 1 337 € Industry median: 1 923 €Q1·26Q2 2026 Company: 1 133 € Industry median: 1 782 €Q3 2026 Company: 1 913 € Industry median: 1 988 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 709 · +3.5% vs Q2 2026
0200400600800Q4 2023 Company: 345Q4·23Q1 2024 Company: 362Q2 2024 Company: 373Q2·24Q3 2024 Company: 405Q4 2024 Company: 435Q4·24Q1 2025 Company: 444Q2 2025 Company: 494Q2·25Q3 2025 Company: 538Q4 2025 Company: 580Q4·25Q1 2026 Company: 614Q2 2026 Company: 685Q2·26Q3 2026 Company: 709Q3·260200400600800Q4 2024 Company: 435Q1 2025 Company: 444Q1·25Q2 2025 Company: 494Q3 2025 Company: 538Q3·25Q4 2025 Company: 580Q1 2026 Company: 614Q1·26Q2 2026 Company: 685Q3 2026 Company: 709Q3·26
State taxes, € thousand Q3 2026: 1 774 879 € · +144.1% vs Q2 2026
05001 0001 5002 000Q4 2023 Company: 443 574 €Q4·23Q1 2024 Company: 490 757 €Q2 2024 Company: 534 202 €Q2·24Q3 2024 Company: 571 924 €Q4 2024 Company: 604 595 €Q4·24Q1 2025 Company: 698 351 €Q2 2025 Company: 642 058 €Q2·25Q3 2025 Company: 698 471 €Q4 2025 Company: 740 149 €Q4·25Q1 2026 Company: 769 668 €Q2 2026 Company: 727 224 €Q2·26Q3 2026 Company: 1 774 879 €Q3·2605001 0001 5002 000Q4 2024 Company: 604 595 €Q1 2025 Company: 698 351 €Q1·25Q2 2025 Company: 642 058 €Q3 2025 Company: 698 471 €Q3·25Q4 2025 Company: 740 149 €Q1 2026 Company: 769 668 €Q1·26Q2 2026 Company: 727 224 €Q3 2026 Company: 1 774 879 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 1 774 879 1 355 987 709
Q2 2026 — 727 224 776 106 685
Q1 2026 — 769 668 821 220 614
Q4 2025 — 740 149 784 001 580
Q3 2025 — 698 471 742 647 538
Q2 2025 — 642 058 681 644 494
Q1 2025 — 698 351 740 073 444
Q4 2024 — 604 595 641 967 435
Q3 2024 — 571 924 607 569 405
Q2 2024 — 534 202 568 226 373
Q1 2024 — 490 757 521 131 362
Q4 2023 — 443 574 471 748 345
Q3 2023 — 401 903 428 528 323
Q2 2023 1 072 394 871 420 883 302
Q1 2023 117 839 362 426 386 122 295
Q4 2022 120 456 291 135 309 980 287
Q3 2022 — 274 468 293 550 264
Q2 2022 — 151 546 163 068 257
Q1 2022 — 49 258 52 948 237
Labour taxes per employee per month
638 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2025
Revenue, € thousand 2025: 16 235 003 € · +21.0% vs 2024 · industry median 0 € · above 98% of the industry
05 00010 00015 00020 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 39 486 € Industry median: 0 €20192020 Company: 10 568 € Industry median: 0 €20202021 Company: 19 261 € Industry median: 0 €20212022 Company: 5 678 710 € Industry median: 0 €20222023 Company: 9 405 408 € Industry median: 0 €20232024 Company: 13 421 638 € Industry median: 0 €20242025 Company: 16 235 003 € Industry median: 0 €202505 00010 00015 00020 0002018 Company: — Industry median: —2019 Company: 39 486 € Industry median: 0 €20192020 Company: 10 568 € Industry median: 0 €2021 Company: 19 261 € Industry median: 0 €20212022 Company: 5 678 710 € Industry median: 0 €2023 Company: 9 405 408 € Industry median: 0 €20232024 Company: 13 421 638 € Industry median: 0 €2025 Company: 16 235 003 € Industry median: 0 €2025
  • Company
  • Industry median

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

Net profit, € thousand 2025: 4 629 480 € · +67.1% vs 2024 · industry median 2 572 € · above 98% of the industry
-1 00001 0002 0003 0004 0005 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 266 € Industry median: 1 270 €20192020 Company: 2 230 € Industry median: 1 430 €20202021 Company: -86 419 € Industry median: 497 €20212022 Company: 1 439 465 € Industry median: 0 €20222023 Company: 1 055 735 € Industry median: 1 517 €20232024 Company: 2 770 544 € Industry median: 2 233 €20242025 Company: 4 629 480 € Industry median: 2 572 €2025-1 00001 0002 0003 0004 0005 0002018 Company: — Industry median: —2019 Company: 1 266 € Industry median: 1 270 €20192020 Company: 2 230 € Industry median: 1 430 €2021 Company: -86 419 € Industry median: 497 €20212022 Company: 1 439 465 € Industry median: 0 €2023 Company: 1 055 735 € Industry median: 1 517 €20232024 Company: 2 770 544 € Industry median: 2 233 €2025 Company: 4 629 480 € Industry median: 2 572 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 28.5 % · +7.9 pp vs the year before · industry median 3.9 % · above 90% of the industry
-500-400-300-200-10001002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3.2 % Industry median: 2.6 %20192020 Company: 21.1 % Industry median: 2.8 %20202021 Company: -448.7 % Industry median: 1.8 %20212022 Company: 25.3 % Industry median: 0.7 %20222023 Company: 11.2 % Industry median: 3.9 %20232024 Company: 20.6 % Industry median: 3.6 %20242025 Company: 28.5 % Industry median: 3.9 %2025-500-400-300-200-10001002018 Company: — Industry median: —2019 Company: 3.2 % Industry median: 2.6 %20192020 Company: 21.1 % Industry median: 2.8 %2021 Company: -448.7 % Industry median: 1.8 %20212022 Company: 25.3 % Industry median: 0.7 %2023 Company: 11.2 % Industry median: 3.9 %20232024 Company: 20.6 % Industry median: 3.6 %2025 Company: 28.5 % Industry median: 3.9 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 13 390 558 € · −19.8% vs 2024
05 00010 00015 00020 0002017 Company: —20172018 Company: —20182019 Company: 468 931 €20192020 Company: 593 295 €20202021 Company: 3 964 179 €20212022 Company: 6 424 382 €20222023 Company: 10 839 592 €20232024 Company: 16 690 906 €20242025 Company: 13 390 558 €202505 00010 00015 00020 0002018 Company: —2019 Company: 468 931 €20192020 Company: 593 295 €2021 Company: 3 964 179 €20212022 Company: 6 424 382 €2023 Company: 10 839 592 €20232024 Company: 16 690 906 €2025 Company: 13 390 558 €2025
Equity, € thousand 2025: 5 772 556 € · +21.8% vs 2024
-2 00002 0004 0006 0002017 Company: —20172018 Company: —20182019 Company: 9 090 €20192020 Company: 11 320 €20202021 Company: -53 098 €20212022 Company: 2 206 005 €20222023 Company: 3 321 329 €20232024 Company: 4 739 194 €20242025 Company: 5 772 556 €2025-2 00002 0004 0006 0002018 Company: —2019 Company: 9 090 €20192020 Company: 11 320 €2021 Company: -53 098 €20212022 Company: 2 206 005 €2023 Company: 3 321 329 €20232024 Company: 4 739 194 €2025 Company: 5 772 556 €2025
Employees 2025: 277 · +6.9% vs 2024 · industry median 16 · above 98% of the industry
01002003002017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 13.520182019 Company: 0 Industry median: 1420192020 Company: 0 Industry median: 14.520202021 Company: 156 Industry median: 13.520212022 Company: 215 Industry median: 1420222023 Company: 0 Industry median: 1420232024 Company: 259 Industry median: 1520242025 Company: 277 Industry median: 16202501002003002018 Company: 0 Industry median: 13.52019 Company: 0 Industry median: 1420192020 Company: 0 Industry median: 14.52021 Company: 156 Industry median: 13.520212022 Company: 215 Industry median: 142023 Company: 0 Industry median: 1420232024 Company: 259 Industry median: 152025 Company: 277 Industry median: 162025
  • Company
  • Industry median

Industry: Residential care 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 16 235 003 4 629 480 7 450 651 13 390 558 5 772 556 277
2024 13 421 638 2 770 544 6 575 174 16 690 906 4 739 194 259
2023 9 405 408 1 055 735 4 903 368 10 839 592 3 321 329 0
2022 5 678 710 1 439 465 2 985 927 6 424 382 2 206 005 215
2021 19 261 -86 419 14 673 3 964 179 -53 098 156
2020 10 568 2 230 0 593 295 11 320 0
2019 39 486 1 266 0 468 931 9 090 0
2018 — — — — — 0
2017 — — — — — 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
28.5 %
Net profit / revenue
Return on equity (ROE)
80.2 %
Net profit / equity
Return on assets (ROA)
34.6 %
Net profit / assets
Equity ratio
43.1 %
Equity / assets
Debt ratio
56.9 %
Liabilities / assets
Current ratio
1.79
Current assets / current liabilities
Revenue per employee
58 610 €
Revenue / average full-time employees
Labour cost per employee per month
2 241 €
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 30 Jun 2026 Consolidated · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 24 Jul 2024 Consolidated · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 12 Sep 2023 Consolidated · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 4 Dec 2022 Consolidated · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 21 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 31 Oct 2020 Company’s own e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 27 Jan 2022
  • Meelis Mälberg
    Board member · since 3 Feb 2021
  • Keiu Talve
    Board member · since 31 Dec 2024

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

  • Peter Lednický
    Chairman of the supervisory board · 3 Sep 2026
  • Jako Laanemägi
    Supervisory board member · 25 Sep 2023
  • Jana Palenčárová
    Supervisory board member · 3 Jul 2026
  • Tomaš Pacoň
    Supervisory board member · 3 Jul 2026
  • Martin Kukk
    Supervisory board member · 2 Sep 2026
  • Omanikukonto: Penta Hospitals Holdings Limited
    Shareholder · 31 391 € · 3 Jul 2026
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 87301Residential care activities for older persons or persons with physical disabilities Main
Rulings
Number, date Title Deadline State Document
K 50043198 / 27
6 Jul 2026
Commercial pledge deleted In force
6 Jul 2026
PDF
Ä 50043198 / 26
2 Jul 2026
Second (constitutive) merger entry In force
2 Jul 2026
PDF
Ä 50043198 / 25
1 Jul 2026
Entry on a set date In force
1 Jul 2026
PDF
Ä 50043198 / M6
26 Jun 2026
Ruling to eliminate deficiencies 11 Jul 2026 Deficiencies eliminated
1 Jul 2026
PDF
Ä 50043198 / M5
25 Jun 2026
Ruling to eliminate deficiencies 11 Jul 2026 Deficiencies eliminated
1 Jul 2026
PDF
Ä 50043198 / 24
22 Jan 2026
Division entry (second, constitutive) In force
22 Jan 2026
PDF
Ä 50043198 / M4
12 Jan 2026
Ruling to eliminate deficiencies 12 Apr 2026 Deficiencies eliminated
22 Jan 2026
PDF
Ä 50043198 / M3
7 Jan 2026
Procedural ruling 17 Jan 2026 Deficiencies eliminated
7 Jan 2026
PDF
Ä 50043198 / 23
29 Dec 2025
Entry refused In force
28 Jan 2026
PDF
Ä 50043198 / 22
31 Dec 2024
Amendment entry In force
31 Dec 2024
PDF
Ä 50043198 / 21
9 Oct 2024
Second (constitutive) merger entry In force
9 Oct 2024
PDF
Ä 50043198 / 20
2 Aug 2024
Second (constitutive) merger entry In force
2 Aug 2024
PDF
Ä 50043198 / M2
7 Jul 2024
Warning of a fine: annual report not filed 6 Aug 2024 Deficiencies eliminated
25 Jul 2024
PDF
Ä 50043198 / 19
13 Jun 2024
Amendment entry In force
13 Jun 2024
PDF
Ä 50043198 / 18
28 Feb 2024
Amendment entry In force
28 Feb 2024
PDF
K 50043198 / 17
12 Feb 2024
Commercial pledge entered In force
12 Feb 2024
PDF
Ä 50043198 / 16
28 Sep 2023
Amendment entry In force
28 Sep 2023
PDF
Ä 50043198 / 15
29 Jun 2023
Second (constitutive) merger entry In force
29 Jun 2023
PDF
Ä 50043198 / 14
24 Oct 2022
Second (constitutive) merger entry In force
24 Oct 2022
PDF
Ä 50043198 / 13
27 May 2022
Second (constitutive) merger entry In force
27 May 2022
PDF
Ä 50043198 / 12
3 May 2022
Amendment entry In force
3 May 2022
PDF
Ä 50043198 / 11
7 Feb 2022
Amendment entry In force
7 Feb 2022
PDF
Ä 50043198 / 9
27 Jan 2022
Second (constitutive) merger entry In force
27 Jan 2022
PDF
Ä 50043198 / 10
27 Jan 2022
Transformation entry In force
27 Jan 2022
PDF
Ä 50043198 / 8
6 Jan 2022
Amendment entry In force
6 Jan 2022
PDF
Ä 50043198 / 7
3 Feb 2021
Amendment entry In force
3 Feb 2021
PDF
Ä 50043198 / M1
2 Feb 2021
Ruling to eliminate deficiencies 22 Feb 2021 Deficiencies eliminated
2 Feb 2021
PDF
Ä 50043198 / 6
14 Feb 2019
Amendment under Commercial Code § 525 (2) In force
14 Feb 2019
PDF
Ä 50043198 / 5
20 Jan 2018
Amendment entry In force
20 Jan 2018
PDF
Ä 50043198 / 4
3 Jan 2018
Amendment entry In force
3 Jan 2018
PDF
Ä 50043198 / 3
12 Dec 2017
Amendment entry In force
12 Dec 2017
PDF
Ä 50043198 / 2
18 Apr 2017
Amendment entry In force
18 Apr 2017
PDF
Ä 50043198
13 Dec 2016
First entry In force
13 Dec 2016
PDF

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