Ettevõtluse ja Innovatsiooni Sihtasutus
Active Registry code 90006012
SA Tallinn Registered 25 Aug 2000
Ettevõtluse ja Innovatsiooni Sihtasutus is a SA based in Tallinn, registry code 90006012, status: active. Main activity: Activities auxiliary to insurance and pension funding n.e.c.. According to EMTA, turnover for Q3 2026 was €1 107 558 with 506 employees.
Turnover
1 107 558 €
↓ 20.4% vs Q2 2026
State taxes
2 025 350 €
↓ 29.0% vs Q2 2026
Labour taxes
1 881 550 €
↓ 30.5% vs Q2 2026
Employees
506
+17 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 1.1 mn €above 98% of companiesindustry median 13 814 € · companies in the industry: 339
- Labour taxes per employee 3 718 €above 63% of companiesindustry median 2 338 € · companies in the industry: 272
- Revenue · 2025 0 €above 5% of companiesindustry median 3 200 € · companies in the industry: 1 215
Taxes and turnover
- Company
- Industry median
Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities auxiliary to financial services and insurance activities (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 | 1 107 558 | 2 025 350 | 1 881 550 | 506 |
| Q2 2026 | 1 390 917 | 2 850 630 | 2 707 383 | 489 |
| Q1 2026 | 1 682 944 | 2 317 314 | 2 034 404 | 457 |
| Q4 2025 | 1 513 661 | 2 486 852 | 2 187 465 | 606 |
| Q3 2025 | 1 346 154 | 2 280 748 | 2 134 564 | 615 |
| Q2 2025 | 1 364 056 | 3 172 168 | 3 102 680 | 602 |
| Q1 2025 | 2 154 119 | 2 618 494 | 2 266 815 | 576 |
| Q4 2024 | 1 490 155 | 2 493 530 | 2 229 570 | 652 |
| Q3 2024 | 1 588 771 | 2 345 111 | 2 115 924 | 612 |
| Q2 2024 | 1 406 863 | 2 915 269 | 2 712 118 | 608 |
| Q1 2024 | 2 377 181 | 2 648 025 | 2 238 962 | 573 |
| Q4 2023 | 1 494 945 | 2 571 386 | 2 318 840 | 597 |
| Q3 2023 | 1 685 648 | 2 327 068 | 2 060 176 | 575 |
| Q2 2023 | 1 343 079 | 2 503 008 | 2 298 216 | 551 |
| Q1 2023 | 1 679 236 | 2 258 943 | 2 003 657 | 526 |
| Q4 2022 | 1 136 227 | 2 031 749 | 1 805 262 | 502 |
| Q3 2022 | 1 183 228 | 1 848 325 | 1 663 074 | 478 |
| Q2 2022 | 3 242 621 | 2 532 897 | 1 959 702 | 391 |
| Q1 2022 | 418 601 | 1 159 995 | 1 141 018 | 395 |
Labour taxes per employee per month
1 239 €
Turnover per employee in the quarter
2 189 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities auxiliary to financial services and insurance activities (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 | 0 | — | — | — | — | 380 |
| 2024 | 0 | 12 239 000 | 25 748 000 | 557 231 000 | 317 323 000 | 407 |
| 2023 | 0 | 10 934 000 | 23 369 000 | 545 179 000 | 255 085 000 | 392 |
| 2022 | 0 | — | — | 544 855 858 | — | 364 |
| 2021 | 0 | — | — | 952 386 141 | — | 52 |
| 2020 | 0 | 1 215 078 | — | 968 736 001 | 127 807 577 | 46 |
| 2019 | 0 | 3 874 985 | — | 203 201 341 | 126 592 498 | 40 |
| 2018 | — | — | — | — | — | 39 |
| 2017 | — | — | — | — | — | 38 |
| 2016 | — | — | — | — | — | 35 |
| 2015 | — | — | — | — | — | 33 |
| 2014 | — | — | — | — | — | 34 |
| 2013 | — | — | — | — | — | 35 |
| 2012 | — | — | — | — | — | 36 |
| 2011 | — | — | — | — | — | 36 |
| 2009 | — | — | — | — | — | 32 |
| 2008 | — | — | — | — | — | 27 |
| 2007 | — | — | — | — | — | 26 |
| 2005 | — | — | — | — | — | 26 |
| 2004 | — | — | — | — | — | 29 |
| 2003 | — | — | — | — | — | 25 |
| 2000 | — | — | — | — | — | 5 |
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
16.6 %
Net profit / revenue
Return on equity (ROE)
3.9 %
Net profit / equity
Return on assets (ROA)
2.2 %
Net profit / assets
Equity ratio
56.9 %
Equity / assets
Debt ratio
43.1 %
Liabilities / assets
Current ratio
22.48
Current assets / current liabilities
Revenue per employee
180 720 €
Revenue / average full-time employees
Labour cost per employee per month
5 272 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 15 May 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 31 Mar 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 28 Mar 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 16 Nov 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 18 Dec 2023 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 30 Jun 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 4 Jun 2020 | Consolidated · audited | e-Äriregister |
Board
- Ursel VelveBoard member · since 22 May 2025
- Mari-Liis KüpparBoard member · since 25 Sep 2025
- Ivar PaeBoard member · since 25 Feb 2026
- Evert RööpsonBoard member · since 3 Jul 2026
Right of representation
Any member of the management board may represent the foundation in all transactions.
Owners
No owner information.
Beneficial owners
- Rait RebaneExercises founder’s rights, supervisory or management board member · since 10 Apr 2026
- Ivar PaeExercises founder’s rights, supervisory or management board member · since 13 Feb 2026
- Mari-Liis KüpparExercises founder’s rights, supervisory or management board member · since 15 Sep 2025
- Erkki RaasukeExercises founder’s rights, supervisory or management board member · since 11 Jun 2025
- Ursel VelveExercises founder’s rights, supervisory or management board member · since 11 Jun 2025
- Hando SutterExercises founder’s rights, supervisory or management board member · since 17 Dec 2024
- Taavi TamkiviExercises founder’s rights, supervisory or management board member · since 10 Feb 2023
- Renno VeinthalExercises founder’s rights, supervisory or management board member · since 30 Dec 2021
Founders and other persons
- Eesti Vabariik, MajandusministeeriumFounder · 100 € · 25 Aug 2000
- KPMG Baltics OÜAudit firm · 24 Mar 2019
- Erkki RaasukeChairman of the supervisory board · 12 Feb 2025
- Hando SutterSupervisory board member · 12 Oct 2024
- Renno VeinthalSupervisory board member · 20 Dec 2024
- Taavi TamkiviSupervisory board member · 18 Feb 2026
- Rait RebaneSupervisory board member · 30 Mar 2026
- Merike SaksSupervisory board member · 1 Jun 2026
- Sandra Särav-TammusSupervisory board member · 1 Aug 2026
Related companies
Activities (EMTAK)
- 66291Activities auxiliary to insurance and pension funding n.e.c. Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| S 10050694 / 50 24 Sep 2026 |
Amendment entry | In force 24 Sep 2026 |
||
| S 10050694 / 49 3 Jul 2026 |
Amendment entry | In force 3 Jul 2026 |
||
| S 10050694 / M17 23 Apr 2026 |
Ruling to eliminate deficiencies in the annual report | 23 May 2026 | Deficiencies eliminated 29 Jun 2026 |
|
| S 10050694 / M16 10 Apr 2026 |
Ruling to eliminate deficiencies in the annual report | 10 May 2026 | Deficiencies eliminated 29 Jun 2026 |
|
| S 10050694 / 48 25 Feb 2026 |
Amendment entry | In force 25 Feb 2026 |
||
| S 10050694 / 47 17 Feb 2026 |
Amendment entry | In force 17 Feb 2026 |
||
| S 10050694 / 46 8 Oct 2025 |
Amendment entry | In force 8 Oct 2025 |
||
| S 10050694 / 45 25 Sep 2025 |
Amendment entry | In force 25 Sep 2025 |
||
| S 10050694 / 44 22 Aug 2025 |
Amendment entry | In force 22 Aug 2025 |
||
| S 10050694 / 43 22 May 2025 |
Amendment entry | In force 22 May 2025 |
||
| S 10050694 / 42 28 Jan 2025 |
Amendment entry | In force 28 Jan 2025 |
||
| S 10050694 / M15 17 Jan 2025 |
Ruling to eliminate deficiencies | 1 Feb 2025 | Deficiencies eliminated 28 Jan 2025 |
|
| S 10050694 / M14 15 Jan 2025 |
Procedural ruling | 25 Jan 2025 | Deficiencies eliminated 15 Jan 2025 |
|
| S 10050694 / 41 2 Oct 2024 |
Amendment entry | In force 2 Oct 2024 |
||
| S 10050694 / M13 3 May 2024 |
Ruling to correct data outside an entry | 17 May 2024 | Deficiencies eliminated 6 May 2024 |
|
| S 10050694 / 40 9 Apr 2024 |
Amendment entry | In force 9 Apr 2024 |
||
| S 10050694 / 39 11 Mar 2024 |
Amendment entry | In force 11 Mar 2024 |
||
| S 10050694 / 38 29 Jan 2024 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 29 Jan 2024 |
||
| S 10050694 / 37 15 Jan 2024 |
Amendment entry | In force 15 Jan 2024 |
||
| S 10050694 / M12 3 Jan 2024 |
Procedural ruling | In force 3 Jan 2024 |
||
| S 10050694 / M11 19 Dec 2023 |
Ruling to correct data outside an entry | 2 Jan 2024 | In force 19 Dec 2023 |
|
| S 10050694 / 36 18 Dec 2023 |
Amendment entry | In force 18 Dec 2023 |
||
| S 10050694 / M10 17 Nov 2023 |
Ruling to eliminate deficiencies in the annual report | 17 Dec 2023 | Deficiencies eliminated 18 Dec 2023 |
|
| S 10050694 / 35 16 Nov 2023 |
Amendment entry | In force 16 Nov 2023 |
||
| S 10050694 / M9 3 Nov 2023 |
Procedural ruling | 17 Nov 2023 | Deficiencies eliminated 16 Nov 2023 |
|
| S 10050694 / 34 25 Oct 2023 |
Amendment entry | In force 25 Oct 2023 |
||
| S 10050694 / 33 28 Apr 2023 |
Amendment entry | In force 28 Apr 2023 |
||
| S 10050694 / 32 13 Apr 2023 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 13 Apr 2023 |
||
| S 10050694 / 31 1 Feb 2023 |
Amendment entry | In force 1 Feb 2023 |
||
| S 10050694 / 30 28 Nov 2022 |
Amendment under Commercial Code § 525 (2) | In force 28 Nov 2022 |
||
| S 10050694 / 29 21 Oct 2022 |
Amendment entry | In force 21 Oct 2022 |
||
| S 10050694 / 28 18 Jul 2022 |
Amendment entry | In force 18 Jul 2022 |
||
| S 10050694 / 27 26 Jan 2022 |
Amendment entry | In force 26 Jan 2022 |
||
| S 10050694 / 26 12 Jan 2022 |
Amendment entry | In force 12 Jan 2022 |
||
| S 10050694 / 25 7 Jan 2022 |
Amendment entry | In force 7 Jan 2022 |
||
| S 10050694 / M8 4 Jan 2022 |
Ruling to eliminate deficiencies | 18 Jan 2022 | Deficiencies eliminated 7 Jan 2022 |
|
| S 10050694 / 24 4 Jan 2022 |
Second (constitutive) merger entry | In force 4 Jan 2022 |
||
| S 10050694 / 23 15 Dec 2021 |
Amendment entry | In force 15 Dec 2021 |
||
| S 10050694 / 22 3 Dec 2020 |
Amendment entry | In force 3 Dec 2020 |
||
| S 10050694 / 21 9 Nov 2020 |
Amendment entry | In force 9 Nov 2020 |
||
| S 10050694 / 20 11 May 2020 |
Amendment entry | In force 11 May 2020 |
||
| S 10050694 / M7 27 Jun 2019 |
Procedural ruling | 27 Jul 2019 | In force 27 Jun 2019 |
|
| S 10050694 / M6 20 Jul 2018 |
Procedural ruling | 19 Aug 2018 | In force 20 Jul 2018 |
|
| S 10050694 / 19 7 Nov 2017 |
Amendment entry | In force 7 Nov 2017 |
||
| S 10050694 / 18 6 Apr 2017 |
Amendment entry | In force 6 Apr 2017 |
||
| S 10050694 / 17 14 Sep 2016 |
Amendment entry | In force 14 Sep 2016 |
||
| S 10050694 / 16 14 May 2015 |
Amendment entry | In force 14 May 2015 |
||
| S 10050694 / M5 5 May 2015 |
Ruling to eliminate deficiencies | 4 Jun 2015 | Deficiencies eliminated 14 May 2015 |
|
| S 10050694 / 15 9 Jun 2014 |
Amendment entry | In force 9 Jun 2014 |
||
| S 10050694 / 14 27 Mar 2013 |
Amendment entry | In force 27 Mar 2013 |
||
| S 10050694 / M4 22 Mar 2012 |
Warning of deletion from the register: annual report not filed | Deficiencies eliminated 22 Mar 2012 |
||
| S 10050694 / 13 11 May 2011 |
Amendment entry | In force 11 May 2011 |
||
| S 10050694 / 12 6 Jul 2010 |
Amendment entry | In force 6 Jul 2010 |
||
| S 10050694 / 11 19 Mar 2010 |
Amendment under Commercial Code § 525 (2) | In force 19 Mar 2010 |
||
| S 50694 / 10 10 Aug 2009 |
Amendment entry | In force 10 Aug 2009 |
||
| S 50694 / 9 11 Apr 2007 |
Amendment entry | In force 16 Apr 2007 |
||
| S 50694 / 8 11 Apr 2005 |
Amendment entry | In force | ||
| S 50694 / 7 21 Sep 2004 |
Amendment entry | In force | ||
| S 50694 / M3 4 Jul 2002 |
Refund of the state fee | In force | ||
| S 50694 / 6 4 Jul 2002 |
Unpublished amendment entry | In force |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data