AS Kaupmees Grupp

Active Registry code 16472356 AS Tallinn Registered 1 Apr 2022
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AS Kaupmees Grupp is a AS based in Tallinn, registry code 16472356, status: active. Main activity: Activities of head offices. According to EMTA, turnover for Q3 2026 was €987 639 with 26 employees.

Turnover
987 639 €
↑ 10.2% vs Q2 2026
State taxes
330 742 €
↓ 16.2% vs Q2 2026
Labour taxes
195 654 €
↓ 26.0% vs Q2 2026
Employees
26
+1 vs Q2 2026

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

Position in the industry Activities of head offices and management consultancy · EMTAK 70

  • Turnover · Q3 2026 987 639 €
    industry median 13 705 € · companies in the industry: 4 338
  • Labour taxes per employee 7 525 €
    industry median 1 649 € · companies in the industry: 1 689
  • Revenue · 2025 3.5 mn €
    industry median 10 800 € · companies in the industry: 9 687
  • Net profit margin · 2025 9.6 %
    industry median 22.0 % · companies in the industry: 6 494

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 987 639 € · +10.2% vs Q2 2026 · industry median 13 705 € · above 98% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 377 352 € Industry median: 15 091 €Q4·23Q1 2024 Company: 2 072 504 € Industry median: 14 762 €Q2 2024 Company: 924 163 € Industry median: 14 762 €Q2·24Q3 2024 Company: 922 862 € Industry median: 14 140 €Q4 2024 Company: 956 961 € Industry median: 15 052 €Q4·24Q1 2025 Company: 824 519 € Industry median: 14 703 €Q2 2025 Company: 949 009 € Industry median: 13 688 €Q2·25Q3 2025 Company: 938 407 € Industry median: 13 984 €Q4 2025 Company: 937 924 € Industry median: 14 505 €Q4·25Q1 2026 Company: 832 061 € Industry median: 14 237 €Q2 2026 Company: 896 127 € Industry median: 14 128 €Q2·26Q3 2026 Company: 987 639 € Industry median: 13 705 €Q3·2602004006008001 000Q4 2024 Company: 956 961 € Industry median: 15 052 €Q1 2025 Company: 824 519 € Industry median: 14 703 €Q1·25Q2 2025 Company: 949 009 € Industry median: 13 688 €Q3 2025 Company: 938 407 € Industry median: 13 984 €Q3·25Q4 2025 Company: 937 924 € Industry median: 14 505 €Q1 2026 Company: 832 061 € Industry median: 14 237 €Q1·26Q2 2026 Company: 896 127 € Industry median: 14 128 €Q3 2026 Company: 987 639 € Industry median: 13 705 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 7 525 € · −28.9% vs Q2 2026 · industry median 1 649 € · above 92% of the industry
02 5005 0007 50010 00012 500Q4 2023 Company: 5 224 € Industry median: 1 639 €Q4·23Q1 2024 Company: 8 375 € Industry median: 1 650 €Q2 2024 Company: 11 830 € Industry median: 1 721 €Q2·24Q3 2024 Company: 10 621 € Industry median: 1 700 €Q4 2024 Company: 6 908 € Industry median: 1 679 €Q4·24Q1 2025 Company: 7 386 € Industry median: 1 739 €Q2 2025 Company: 9 516 € Industry median: 1 758 €Q2·25Q3 2025 Company: 7 722 € Industry median: 1 758 €Q4 2025 Company: 6 973 € Industry median: 1 758 €Q4·25Q1 2026 Company: 10 168 € Industry median: 1 641 €Q2 2026 Company: 10 582 € Industry median: 1 597 €Q2·26Q3 2026 Company: 7 525 € Industry median: 1 649 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 6 908 € Industry median: 1 679 €Q1 2025 Company: 7 386 € Industry median: 1 739 €Q1·25Q2 2025 Company: 9 516 € Industry median: 1 758 €Q3 2025 Company: 7 722 € Industry median: 1 758 €Q3·25Q4 2025 Company: 6 973 € Industry median: 1 758 €Q1 2026 Company: 10 168 € Industry median: 1 641 €Q1·26Q2 2026 Company: 10 582 € Industry median: 1 597 €Q3 2026 Company: 7 525 € Industry median: 1 649 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 26 · +4.0% vs Q2 2026
0102030Q4 2023 Company: 23Q4·23Q1 2024 Company: 23Q2 2024 Company: 23Q2·24Q3 2024 Company: 23Q4 2024 Company: 23Q4·24Q1 2025 Company: 25Q2 2025 Company: 26Q2·25Q3 2025 Company: 26Q4 2025 Company: 27Q4·25Q1 2026 Company: 26Q2 2026 Company: 25Q2·26Q3 2026 Company: 26Q3·260102030Q4 2024 Company: 23Q1 2025 Company: 25Q1·25Q2 2025 Company: 26Q3 2025 Company: 26Q3·25Q4 2025 Company: 27Q1 2026 Company: 26Q1·26Q2 2026 Company: 25Q3 2026 Company: 26Q3·26
State taxes, € thousand Q3 2026: 330 742 € · −16.2% vs Q2 2026
0100200300400500Q4 2023 Company: 140 469 €Q4·23Q1 2024 Company: 299 891 €Q2 2024 Company: 410 506 €Q2·24Q3 2024 Company: 362 759 €Q4 2024 Company: 250 579 €Q4·24Q1 2025 Company: 269 121 €Q2 2025 Company: 373 581 €Q2·25Q3 2025 Company: 332 207 €Q4 2025 Company: 328 102 €Q4·25Q1 2026 Company: 351 464 €Q2 2026 Company: 394 722 €Q2·26Q3 2026 Company: 330 742 €Q3·260100200300400Q4 2024 Company: 250 579 €Q1 2025 Company: 269 121 €Q1·25Q2 2025 Company: 373 581 €Q3 2025 Company: 332 207 €Q3·25Q4 2025 Company: 328 102 €Q1 2026 Company: 351 464 €Q1·26Q2 2026 Company: 394 722 €Q3 2026 Company: 330 742 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 987 639 330 742 195 654 26
Q2 2026 896 127 394 722 264 542 25
Q1 2026 832 061 351 464 264 358 26
Q4 2025 937 924 328 102 188 275 27
Q3 2025 938 407 332 207 200 784 26
Q2 2025 949 009 373 581 247 417 26
Q1 2025 824 519 269 121 184 651 25
Q4 2024 956 961 250 579 158 887 23
Q3 2024 922 862 362 759 244 272 23
Q2 2024 924 163 410 506 272 085 23
Q1 2024 2 072 504 299 891 192 630 23
Q4 2023 377 352 140 469 120 152 23
Q3 2023 495 232 185 217 117 250 23
Q2 2023 357 821 187 149 150 027 23
Q1 2023 393 469 146 814 99 104 24
Q4 2022 277 886 138 658 98 866 22
Q3 2022 267 039 135 189 95 877 20
Q2 2022 160 885 63 070 32 732 21
Q1 2022 — — — 20
Labour taxes per employee per month
2 508 €
Turnover per employee in the quarter
37 986 €

Q3 2026 · calculated from EMTA data

Financials by year

2022 – 2025
Revenue, € thousand 2025: 3 456 300 € · −1.1% vs 2024 · industry median 10 800 € · above 98% of the industry
01 0002 0003 0004 0002022 Company: 848 397 € Industry median: 10 945 €20222023 Company: 2 483 912 € Industry median: 11 079 €20232024 Company: 3 496 200 € Industry median: 10 766 €20242025 Company: 3 456 300 € Industry median: 10 800 €202501 0002 0003 0004 0002022 Company: 848 397 € Industry median: 10 945 €2023 Company: 2 483 912 € Industry median: 11 079 €20232024 Company: 3 496 200 € Industry median: 10 766 €2025 Company: 3 456 300 € Industry median: 10 800 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 330 855 € · −81.3% vs 2024 · industry median 284 € · above 98% of the industry
02 5005 0007 50010 00012 5002022 Company: 10 256 020 € Industry median: 470 €20222023 Company: 5 335 799 € Industry median: 681 €20232024 Company: 1 768 870 € Industry median: 538 €20242025 Company: 330 855 € Industry median: 284 €202502 5005 0007 50010 00012 5002022 Company: 10 256 020 € Industry median: 470 €2023 Company: 5 335 799 € Industry median: 681 €20232024 Company: 1 768 870 € Industry median: 538 €2025 Company: 330 855 € Industry median: 284 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 9.6 % · −41.0 pp vs the year before · industry median 22.0 % · above 40% of the industry
02505007501 0001 2502022 Company: 1 208.9 % Industry median: 27.6 %20222023 Company: 214.8 % Industry median: 28.4 %20232024 Company: 50.6 % Industry median: 25.0 %20242025 Company: 9.6 % Industry median: 22.0 %202502505007501 0001 2502022 Company: 1 208.9 % Industry median: 27.6 %2023 Company: 214.8 % Industry median: 28.4 %20232024 Company: 50.6 % Industry median: 25.0 %2025 Company: 9.6 % Industry median: 22.0 %2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 41 897 475 € · +1.1% vs 2024
020 00040 00060 0002022 Company: 50 525 184 €20222023 Company: 57 655 809 €20232024 Company: 41 442 646 €20242025 Company: 41 897 475 €2025020 00040 00060 0002022 Company: 50 525 184 €2023 Company: 57 655 809 €20232024 Company: 41 442 646 €2025 Company: 41 897 475 €2025
Equity, € thousand 2025: 40 168 114 € · +0.8% vs 2024
020 00040 00060 0002022 Company: 50 032 792 €20222023 Company: 55 368 591 €20232024 Company: 39 837 259 €20242025 Company: 40 168 114 €2025020 00040 00060 0002022 Company: 50 032 792 €2023 Company: 55 368 591 €20232024 Company: 39 837 259 €2025 Company: 40 168 114 €2025
Employees 2025: 26 · −95.0% vs 2024 · industry median 1 · above 98% of the industry
02004006002022 Company: 18 Industry median: 120222023 Company: 19 Industry median: 120232024 Company: 516 Industry median: 120242025 Company: 26 Industry median: 1202502004006002022 Company: 18 Industry median: 12023 Company: 19 Industry median: 120232024 Company: 516 Industry median: 12025 Company: 26 Industry median: 12025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (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 3 456 300 330 855 1 950 967 41 897 475 40 168 114 26
2024 3 496 200 1 768 870 2 309 340 41 442 646 39 837 259 516
2023 2 483 912 5 335 799 1 217 943 57 655 809 55 368 591 19
2022 848 397 10 256 020 721 616 50 525 184 50 032 792 18

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
9.6 %
Net profit / revenue
Return on equity (ROE)
0.8 %
Net profit / equity
Return on assets (ROA)
0.8 %
Net profit / assets
Equity ratio
95.9 %
Equity / assets
Debt ratio
4.1 %
Liabilities / assets
Current ratio
0.52
Current assets / current liabilities
Revenue per employee
132 935 €
Revenue / average full-time employees
Labour cost per employee per month
6 253 €
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 30 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Apr 2022 – 31 Dec 2022 27 Jun 2023 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 1 Apr 2022
  • Mairi Paiste
    Board member · since 24 Jan 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

  • Katre Kõvask
    Member of a senior management body (management or supervisory board) · since 24 Oct 2025

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 70101Activities of head offices Main
Rulings
Number, date Title Deadline State Document
Ä 50199817 / 11
12 Mar 2026
Amendment entry In force
12 Mar 2026
PDF
Ä 50199817 / 10
13 Feb 2024
Amendment entry In force
13 Feb 2024
PDF
Ä 50199817 / M3
12 Feb 2024
Ruling to eliminate deficiencies 28 Feb 2024 Deficiencies eliminated
13 Feb 2024
PDF
Ä 50199817 / 9
24 Jan 2024
Amendment entry In force
24 Jan 2024
PDF
Ä 50199817 / 8
28 Dec 2023
Amendment entry In force
28 Dec 2023
PDF
Ä 50199817 / 7
14 Dec 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
14 Dec 2023
PDF
Ä 50199817 / M2
9 Aug 2023
Ruling to correct data outside an entry 23 Aug 2023 Deficiencies eliminated
9 Aug 2023
PDF
Ä 50199817 / 6
19 Jun 2023
Amendment entry In force
19 Jun 2023
PDF
Ä 50199817 / 5
4 Apr 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
4 Apr 2023
PDF
Ä 50199817 / 4
22 Aug 2022
Second (constitutive) merger entry In force
22 Aug 2022
PDF
Ä 50199817 / M1
3 Aug 2022
Procedural ruling 13 Aug 2022 Deficiencies eliminated
4 Aug 2022
PDF
Ä 50199817 / 3
30 Jun 2022
Amendment entry In force
30 Jun 2022
PDF
Ä 50199817 / 2
1 Apr 2022
Third (informative) division entry In force
1 Apr 2022
PDF
Ä 50199817
1 Apr 2022
First (declaratory) division entry (card of the new company) In force
1 Apr 2022
PDF

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