Eesti Tudengisatelliidi Sihtasutus
Active Registry code 90013271
SA Tartu linn Registered 13 Jan 2016
Eesti Tudengisatelliidi Sihtasutus is a SA based in Tartu linn, registry code 90013271, status: active. Main activity: Research and experimental development on natural sciences and engineering. According to EMTA, turnover for Q3 2026 was €5 207 with 23 employees.
Turnover
5 207 €
↓ 67.9% vs Q2 2026
State taxes
11 916 €
↓ 25.7% vs Q2 2026
Labour taxes
12 916 €
↑ 18.5% vs Q2 2026
Employees
23
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 5 207 €above 33% of companiesindustry median 14 442 € · companies in the industry: 318
- Labour taxes per employee 562 €above 17% of companiesindustry median 2 218 € · companies in the industry: 234
- Revenue · 2025 0 €above 5% of companiesindustry median 0 € · companies in the industry: 1 073
Taxes and turnover
- Company
- Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Scientific research and development (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 | 5 207 | 11 916 | 12 916 | 23 |
| Q2 2026 | 16 200 | 16 028 | 10 895 | 23 |
| Q1 2026 | — | 11 073 | 12 094 | 18 |
| Q4 2025 | — | 10 288 | 11 086 | 19 |
| Q3 2025 | — | 12 991 | 13 030 | 19 |
| Q2 2025 | — | 9 276 | 10 034 | 24 |
| Q1 2025 | — | 8 147 | 8 842 | 19 |
| Q4 2024 | — | 5 906 | 6 432 | 13 |
| Q3 2024 | — | 5 673 | 6 200 | 12 |
| Q2 2024 | — | 3 360 | 3 693 | 12 |
| Q1 2024 | 16 | 1 249 | 1 506 | 11 |
| Q4 2023 | 1 083 | 2 541 | 2 657 | 2 |
| Q3 2023 | 575 | 2 455 | 2 640 | 3 |
| Q2 2023 | 589 | 1 614 | 1 680 | 3 |
| Q1 2023 | 2 500 | 2 657 | 1 888 | 2 |
| Q4 2022 | 1 575 | 2 062 | 2 242 | 3 |
| Q3 2022 | 24 847 | 5 744 | 2 027 | 2 |
| Q2 2022 | — | 1 517 | 1 652 | 2 |
| Q1 2022 | — | 1 336 | 1 170 | 2 |
Labour taxes per employee per month
187 €
Turnover per employee in the quarter
226 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Scientific research and development (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Scientific research and development (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 | -21 655 | 120 337 | 126 626 | 11 426 | 4 |
| 2024 | 0 | 22 177 | 63 207 | 19 851 | -16 917 | 4 |
| 2023 | 0 | -138 087 | 23 623 | 12 520 | 10 906 | 1 |
| 2022 | 0 | -22 628 | 22 001 | 151 038 | 148 993 | 1 |
| 2021 | 0 | 89 442 | 1 496 | 188 935 | 171 622 | 1 |
| 2020 | 0 | -54 | 17 562 | 82 180 | 82 180 | 1 |
| 2019 | 0 | -9 260 | 20 506 | 102 521 | 82 234 | 1 |
| 2018 | — | — | — | — | — | 1 |
| 2017 | — | — | — | — | — | 2 |
| 2016 | — | — | — | — | — | 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 2025
Net profit margin
-17.1 %
Net profit / revenue
Return on equity (ROE)
-189.5 %
Net profit / equity
Return on assets (ROA)
-17.1 %
Net profit / assets
Equity ratio
9.0 %
Equity / assets
Debt ratio
91.0 %
Liabilities / assets
Current ratio
1.17
Current assets / current liabilities
Revenue per employee
31 729 €
Revenue / average full-time employees
Labour cost per employee per month
2 507 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 1 Jul 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 29 Jun 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 11 Jul 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 28 Sep 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 14 Apr 2023 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 18 Jan 2022 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 3 Apr 2021 | Company’s own · audited | e-Äriregister |
Board
- Jānis DalbiņšBoard member · since 29 May 2024
- Kristo AllajeBoard member · since 29 May 2024
- Sirli SarapuuBoard member · since 29 May 2024
- Hanna Maria FatkinBoard member · since 27 Jun 2025
- Karl-Mattias MoorBoard member · since 27 Jun 2025
Right of representation
Any member of the management board may represent the foundation in all transactions.
Owners
No owner information.
Owner in
- 100%
Beneficial owners
- Adrian Nicholas VenablesExercises founder’s rights, supervisory or management board member · since 15 Jan 2026
- Hanna Maria FatkinExercises founder’s rights, supervisory or management board member · since 15 Jan 2026
- Kristin KandelinExercises founder’s rights, supervisory or management board member · since 15 Jan 2026
- Silver LättExercises founder’s rights, supervisory or management board member · since 15 Jan 2026
- Katriin ReedoExercises founder’s rights, supervisory or management board member · since 31 May 2025
- Jānis DalbiņšExercises founder’s rights, supervisory or management board member · since 16 Feb 2024
- Kristo AllajeExercises founder’s rights, supervisory or management board member · since 16 Feb 2024
- Sirli SarapuuExercises founder’s rights, supervisory or management board member · since 16 Feb 2024
- Antti TammExercises founder’s rights, supervisory or management board member · since 14 Jun 2023
- Kadri BussovExercises founder’s rights, supervisory or management board member · since 1 Mar 2023
- Karoli KahnExercises founder’s rights, supervisory or management board member · since 1 Mar 2023
- Mihkel PajusaluExercises founder’s rights, supervisory or management board member · since 1 Mar 2023
Founders and other persons
- Silver LättChairman of the supervisory board · 21 May 2024
- Antti TammSupervisory board member · 21 May 2024
- Kadri BussovSupervisory board member · 21 May 2024
- Karoli KahnSupervisory board member · 21 May 2024
- Mihkel PajusaluSupervisory board member · 21 May 2024
Related companies
Activities (EMTAK)
- 72101Research and experimental development on natural sciences and engineering Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| S 50022201 / 17 7 May 2026 |
Entry refused: deficiencies not eliminated | In force 26 May 2026 |
||
| S 50022201 / M10 8 Apr 2026 |
Ruling to eliminate deficiencies | 23 Apr 2026 | In force 24 Apr 2026 |
|
| S 50022201 / 16 27 Jun 2025 |
Amendment entry | In force 27 Jun 2025 |
||
| S 50022201 / 15 31 May 2025 |
Amendment entry | In force 31 May 2025 |
||
| S 50022201 / 14 28 Feb 2025 |
Amendment entry | In force 28 Feb 2025 |
||
| S 50022201 / M9 26 Aug 2024 |
Procedural ruling | 25 Sep 2024 | In force 26 Aug 2024 |
|
| S 50022201 / 13 29 May 2024 |
Amendment entry | In force 29 May 2024 |
||
| S 50022201 / 12 11 Apr 2024 |
Entry refused: deficiencies not eliminated | In force 26 Apr 2024 |
||
| S 50022201 / M8 4 Mar 2024 |
Ruling to eliminate deficiencies | 3 Apr 2024 | In force 18 Mar 2024 |
|
| S 50022201 / 11 1 Feb 2023 |
Amendment entry | In force 1 Feb 2023 |
||
| S 50022201 / 10 19 Jul 2021 |
Amendment under Commercial Code § 525 (2) | In force 19 Jul 2021 |
||
| S 50022201 / 9 29 Sep 2020 |
Amendment entry | In force 29 Sep 2020 |
||
| S 50022201 / M7 2 Sep 2020 |
Ruling to eliminate deficiencies | 2 Oct 2020 | Deficiencies eliminated 29 Sep 2020 |
|
| S 50022201 / M6 31 Aug 2020 |
Ruling to eliminate deficiencies | 30 Sep 2020 | Deficiencies eliminated 29 Sep 2020 |
|
| S 50022201 / M5 15 Feb 2019 |
Ruling to correct data outside an entry | 17 Mar 2019 | In force 15 Feb 2019 |
|
| S 50022201 / 8 13 Dec 2018 |
Amendment entry | In force 13 Dec 2018 |
||
| S 50022201 / M4 12 Dec 2018 |
Ruling to eliminate deficiencies | 11 Jan 2019 | Deficiencies eliminated 13 Dec 2018 |
|
| S 50022201 / M3 16 Nov 2018 |
Ruling to eliminate deficiencies | 16 Dec 2018 | Deficiencies eliminated 13 Dec 2018 |
|
| S 50022201 / 7 22 Dec 2017 |
Amendment entry | In force 22 Dec 2017 |
||
| S 50022201 / 6 11 Dec 2017 |
Amendment entry | In force 11 Dec 2017 |
||
| S 50022201 / 5 21 Jun 2017 |
Amendment entry | In force 21 Jun 2017 |
||
| S 50022201 / 4 15 Jun 2017 |
Amendment entry | In force 15 Jun 2017 |
||
| S 50022201 / M2 11 May 2017 |
Ruling to eliminate deficiencies | 10 Jun 2017 | Deficiencies eliminated 8 Jun 2017 |
|
| S 50022201 / 3 10 May 2017 |
Amendment entry | In force 10 May 2017 |
||
| S 50022201 / 2 19 Aug 2016 |
Amendment entry | In force 19 Aug 2016 |
||
| S 50022201 / M1 3 Aug 2016 |
Ruling to eliminate deficiencies | 2 Sep 2016 | Deficiencies eliminated 19 Aug 2016 |
|
| S 50022201 13 Jan 2016 |
First entry | In force 13 Jan 2016 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data