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AS Connecto Infra

Legal form:

Public limited company

Registry code:

10722319

VAT no.:

EE100667411

Fiscal-year period:

01.01 - 31.12

Established:

08.01.2001 (25)

Former business names:

Aktsiaselts Connecto, AS Connecto Eesti, Eltel Networks AS

Capital:

958 674,73 EUR

Address:

Tuisu tn 19, Kristiine linnaosa, Tallinn, Harju maakond, 11314

Status:

Registered

Contacts

Email:

info@connecto.ee

Phone:

+372 6063100

Website:

www.connecto.ee

Industries

CONSTRUCTION
Construction of civil engineering projects
Construction of utility network projects
42221 - Construction of power and telecommunications lines

VAT liability

	Start	End
EE100667411	01.02.2001

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	Due date 30.06.2026
2024	01.01.2024 - 31.12.2024	30.06.2025	Valid
2023	01.01.2023 - 31.12.2023	29.06.2024	Valid
2022	01.01.2022 - 31.12.2022	04.05.2023	Valid
2021	01.01.2021 - 31.12.2021	30.06.2022	Valid
2020	01.01.2020 - 31.12.2020	30.06.2021	Valid
2019	01.01.2019 - 31.12.2019	27.03.2020	Valid
2018	01.01.2018 - 31.12.2018	26.06.2019	Valid
2017	01.01.2017 - 31.12.2017	23.07.2018	Valid
2016	01.01.2016 - 31.12.2016	30.06.2017	Valid
2015	01.01.2015 - 31.12.2015	30.06.2016	Valid
2014	01.01.2014 - 31.12.2014	30.06.2015	Valid
2013	01.01.2013 - 31.12.2013	30.06.2014	Valid
2012	01.01.2012 - 31.12.2012	30.06.2013	Valid
2011	01.01.2011 - 31.12.2011	29.06.2012	Valid
2010	01.01.2010 - 31.12.2010	30.06.2011	Valid
2009	01.01.2009 - 31.12.2009	30.06.2010	Valid
2008	01.01.2008 - 31.12.2008	15.05.2009	Valid
2007	01.01.2007 - 31.12.2007	07.07.2008	Valid
2006	01.01.2006 - 31.12.2006	28.09.2007	Valid
2005	01.01.2005 - 31.12.2005	05.07.2006	Valid
2004	01.01.2004 - 31.12.2004	30.06.2005	Valid
2003	01.01.2003 - 31.12.2003	26.05.2004	Valid
2002	01.01.2002 - 31.12.2002	21.03.2003	Valid
2001	01.01.2001 - 31.12.2001	07.05.2002	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 06.06.2026.

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	4 782 309 €	2 064 741 €	21 780 530 €52.5%	152
Kokku 2026:	4 782 309 €	2 064 741 €	21 780 530 €
2025 Q4	5 271 393 €	935 869 €	45 820 046 €37.5%	153
2025 Q3	3 254 444 €	1 207 149 €	33 332 670 €34.9%	153
2025 Q2	2 177 810 €	1 251 754 €	24 700 301 €24.8%	154
2025 Q1	8 574 210 €	3 348 075 €	32 862 706 €11.1%	156
Kokku 2025:	19 277 857 €	6 742 847 €	136 715 723 €7.2%
2024 Q4	6 103 528 €	2 057 716 €	36 959 959 €14.5%	151
2024 Q3	7 150 707 €	1 789 550 €	43 218 328 €30.0%	155
2024 Q2	6 689 243 €	2 028 259 €	33 245 926 €1.8%	168
2024 Q1	5 447 607 €	2 893 258 €	33 843 808 €24.1%	172
Kokku 2024:	25 391 085 €	8 768 783 €	147 268 021 €19.9%
2023 Q4	6 730 590 €	1 955 525 €	44 563 487 €54.7%	372
2023 Q3	3 797 254 €	1 769 861 €	28 802 920 €14.7%	373
2023 Q2	3 465 349 €	1 508 424 €	25 113 346 €3.3%	372
2023 Q1	4 282 986 €	2 314 040 €	24 319 842 €24.7%	363
Kokku 2023:	18 276 179 €	7 547 851 €	122 799 595 €35.1%
2022 Q4	3 573 734 €	1 280 871 €	32 285 141 €22.5%	360
2022 Q3	2 187 456 €	1 299 872 €	26 362 386 €63.1%	355
2022 Q2	1 974 069 €	1 203 030 €	16 163 507 €0.4%	356
2022 Q1	3 218 999 €	1 827 297 €	16 096 500 €8.9%	353
Kokku 2022:	10 954 257 €	5 611 070 €	90 907 535 €101.4%
2021 Q4	2 536 777 €	1 202 131 €	17 662 672 €53.2%	357
2021 Q3	2 148 332 €	1 087 157 €	11 529 356 €59.7%	348
2021 Q2	1 170 056 €	848 770 €	7 217 258 €17.3%	348
2021 Q1	2 038 531 €	1 168 421 €	8 723 716 €11.6%	288
Kokku 2021:	7 893 696 €	4 306 478 €	45 133 003 €10.8%
2020 Q4	1 483 939 €	781 643 €	9 864 705 €27.6%	292
2020 Q3	1 818 658 €	852 222 €	13 626 543 €49.4%	284
2020 Q2	1 455 053 €	780 776 €	9 120 859 €12.1%	292
2020 Q1	1 691 347 €	1 159 631 €	8 135 178 €43.5%	289
Kokku 2020:	6 448 997 €	3 574 272 €	40 747 285 €3.4%
2019 Q4	2 305 505 €	821 022 €	14 404 696 €52.4%	298
2019 Q3	1 202 554 €	823 399 €	9 452 971 €16.8%	305
2019 Q2	1 080 027 €	693 368 €	8 090 378 €8.3%	295
2019 Q1	1 482 182 €	910 686 €	7 470 875 €31.6%	283
Kokku 2019:	6 070 268 €	3 248 475 €	39 418 920 €28.3%
2018 Q4	1 590 064 €	675 718 €	10 916 647 €34.8%	283
2018 Q3	1 265 056 €	709 463 €	8 096 574 €26.5%	282
2018 Q2	1 200 505 €	634 542 €	6 399 215 €20.2%	285
2018 Q1	1 198 182 €	806 126 €	5 322 063 €25.8%	286
Kokku 2018:	5 253 807 €	2 825 849 €	30 734 499 €22.0%
2017 Q4	1 816 357 €	800 900 €	7 170 223 €4.9%	302
2017 Q3	1 336 623 €	815 298 €	6 835 959 €30.8%	317
2017 Q2	1 010 246 €	799 227 €	5 227 023 €12.2%	318
2017 Q1	1 349 776 €	800 978 €	5 953 837 €6.5%	311
Kokku 2017:	5 513 002 €	3 216 403 €	25 187 042 €4.3%
2016 Q4	1 498 348 €	777 474 €	6 369 316 €7.8%	331
2016 Q3	859 058 €	843 121 €	6 907 120 €8.2%	331
2016 Q2	1 174 407 €	779 386 €	6 384 984 €4.1%	331
2016 Q1	1 338 061 €	812 295 €	6 654 580 €2.2%	331
Kokku 2016:	4 869 874 €	3 212 276 €	26 316 000 €7.8%
2015 Q4	1 301 984 €	765 634 €	6 803 845 €8.1%	342
2015 Q3	1 255 250 €	833 138 €	7 403 717 €8.0%	342
2015 Q2	1 045 972 €	771 586 €	6 856 730 €8.3%	342
2015 Q1	1 091 384 €	841 689 €	7 479 708 €	342
Kokku 2015:	4 694 590 €	3 212 047 €	28 544 000 €

Revenue by industry

	2022	2023	2024
Construction of power and telecommunications lines	89 673 000 €	104 940 000 €	131 563 000 €

Tax debts

No tax debt found

No tax debt as of 06.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Rauno Loit	39501XXXXXX	22.01.1995 (31)	Board member	09.04.2026	-
Janek Sulev	37901XXXXXX	07.01.1979 (47)	Board member	30.12.2022	-

27 inactive record hidden, extended access to the information portal is required to view history!

1 - 2 / 2 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
OÜ Connecto Varad	-	07.01.2025 (1)	Shareholder	958 674,73 EUR	100	Sole ownership	07.07.2025	-

34 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Alar Lagus	36902XXXXXX	15.02.1969 (57)	Supervisory-board member	01.04.2026	-
Jaanus Tiisvend	37505XXXXXX	23.05.1975 (51)	Supervisory-board member	17.02.2026	-
Ivo Volkov	37605XXXXXX	13.05.1976 (50)	Chairman of the supervisory board	26.09.2024	-
Ilmar Tälli	37203XXXXXX	13.03.1972 (54)	Audit firm	28.07.2021	-
TPMM Nordic OÜ	-	-	Audit firm	28.07.2021	-

24 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 10 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Janek Sulev	37901XXXXXX	07.01.1979 (47)	Indirect holding	07.04.2025	-
Juho Järva	37212XXXXXX	04.12.1972 (53)	Indirect holding	07.04.2025	-
Raul Osman	36203XXXXXX	24.03.1962 (64)	Indirect holding	07.04.2025	-
Toomas Annus	36010XXXXXX	05.10.1960 (65)	Indirect holding	25.07.2023	-

8 inactive record hidden, extended access to the information portal is required to view history!

1 - 4 / 4 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

4 inactive record hidden, extended access to the information portal is required to view history!

2026 Q1

Turnover

Amount

21 780 530 €

Monthly average

7 260 177 €

Per employee

47 764 €

Equity ratio

757,31%

Labour taxes

Turnover ratio

9,48%

Tax ratio

43,17%

Monthly average

688 247 €

Per employee

4 513 €

State taxes

Monthly average

1 594 103 €

Turnover ratio

21,96%

Estimated salary

Gross salary

7 840 €

Net salary

5 977 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	59 507 000 €15.5%	51 540 000 €114.2%	24 057 000 €14.3%	21 051 000 €55.9%	13 499 000 €6.5%	14 432 000 €
Non-current assets	4 611 000 €41.8%	3 251 000 €4.6%	3 108 000 €6.0%	2 932 000 €54.1%	1 903 000 €9.1%	2 093 000 €
Total assets	64 118 000 €17.0%	54 791 000 €101.7%	27 165 000 €13.3%	23 983 000 €55.7%	15 402 000 €6.8%	16 525 000 €
Short-term liabilities	46 491 000 €45.0%	32 073 000 €134.1%	13 703 000 €1.8%	13 957 000 €128.0%	6 121 000 €22.8%	7 932 000 €
Long-term liabilities	893 000 €9.8%	990 000 €31.6%	752 000 €42.7%	527 000 €110.0%	251 000 €56.9%	582 000 €
Total liabilities	47 384 000 €43.3%	33 063 000 €128.7%	14 455 000 €0.2%	14 484 000 €127.3%	6 372 000 €25.2%	8 514 000 €
Share or stock capital	959 000 €	959 000 €	959 000 €	959 000 €	959 000 €	959 000 €
Retained earnings	169 000 €98.2%	9 351 000 €34.7%	6 940 000 €18.0%	5 880 000 €4.1%	5 651 000 €24.5%	4 539 000 €
Net profit	15 606 000 €36.7%	11 418 000 €137.3%	4 811 000 €80.9%	2 660 000 €9.9%	2 420 000 €3.7%	2 513 000 €
Equity	16 734 000 €23.0%	21 728 000 €71.0%	12 710 000 €33.8%	9 499 000 €5.2%	9 030 000 €12.7%	8 011 000 €
Turnover	131 563 000 €25.4%	104 940 000 €17.0%	89 673 000 €82.5%	49 144 000 €35.0%	36 391 000 €9.1%	40 047 000 €
Profit margin	11.86%9.0%	10.88%102.8%	5.37%0.9%	5.41%18.6%	6.65%6.0%	6.28%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	-	-	-	-	-
Liquidity
Current ratio	Z.T	B.I	Y.Z	1.5	2.2
Quick ratio	S.X	C.K	F.U	1.4	2.2
Cash ratio	B.V	M.N	M.S	0.6	1.3
Efficiency
Days sales outstanding (dso)	KHK.X	OH.K	VG.W	64.3	65.2
Asset turnover	P.D	T.W	X.J	2.5	2.3
Structure
Debt ratio	P.V	H.Z	I.G	0.6	0.4
Profitability
Operating margin	TJ.O%	MQ.V%	F.O%	6.6%	6.7%
Net profit margin	IP.P%	UK.B%	Y.U%	5.4%	6.6%
Return on assets (roa)	BH.V%	MG.S%	DJ.M%	13.5%	15.2%
Return on equity (roe)	PN.N%	JS.J%	GK.P%	28.0%	26.8%

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Licences & notices

Type	Number	Field	Status	Start	End
License	LMK000031	Explosives > Handling of explosives	Valid	17.03.2025	-
Notice of economic activity	EH10722319-0001	- > Construction	Valid	04.03.2025	-
Notice of economic activity	EEG000058	- > Construction studies / surveys	Valid	30.08.2023	-
Notice of economic activity	TGT000422	- > Gas works	Valid	24.08.2016	-
Notice of economic activity	EEH008749	- > Construction	Valid	23.08.2012	-

1 - 5 / 11 rows

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 10053615 / 66	15.04.2026	Entry - Amendment entry		Entered into force (15.04.2026)
Ä 10053615 / M17	14.04.2026	Directive order - Amendment entry	21.04.2026	Deficiencies remedied (14.04.2026)
Ä 10053615 / 65	09.04.2026	Entry - Amendment entry		Entered into force (09.04.2026)
Ä 10053615 / 64	21.04.2025	Entry - Division entry of transferring entity (second, constitutive entry)		Entered into force (21.04.2025)
Ä 10053615 / 63	10.04.2025	Entry - Amendment entry		Entered into force (10.04.2025)

1 - 5 / 78 rows

Real estate

Address	Area	Purpose
Pajupilli põik 2, Jälgimäe küla, Saku vald, Harju maakond	5062 m²	Commercial land 50%, Industrial land 50%

2 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date
2-24-17729/3	Civil case	Court judgment (Default judgment)	Law of obligations	Kaie Almere	ECLI:EE:HMK:2025:2.24.17729.3543	07.02.2025
2-21-14141/54	Civil case	Court judgment	Property law	Peeter Pällin, Margo Klaar, Imbi Sidok-Toomsalu	ECLI:EE:TLRK:2023:2.21.14141.23397	31.10.2023
3-22-2653/33	Administrative case	Court judgment	Public procurement	Anu Maria Brenner	ECLI:EE:TLHK:2023:3.22.2653.7470	02.02.2023
2-22-10719/5	Civil case	Court judgment (Default judgment)	Law of obligations	Anu Uritam	ECLI:EE:HMK:2022:2.22.10719.21781	01.11.2022
2-21-14141/23	Civil case	Court judgment	Property law	Merit Helm	ECLI:EE:HMK:2022:2.21.14141.27137	18.04.2022

1 - 5 / 19 rows

Official announcements

Subject	Date
Notice of division of a company	21.04.2025
Notice of division of a company	21.04.2025
Notice of division of a company	20.02.2025
Notice of division of a company	20.02.2025
Notice of conclusion of a public limited company division agreement	03.02.2025

1 - 5 / 15 rows

Public transactions

Date	Party	Amount	Classification
21.04.2026	Päästeamet	148.80 € Received	OPERATING EXPENSES Rescue services
07.04.2025	Riigi Infosüsteemi Amet	512.40 € Received	OPERATING EXPENSES Communications
21.03.2025	Päästeamet	189.10 € Received	OPERATING EXPENSES Rescue services
21.03.2025	Päästeamet	103.70 € Received	OPERATING EXPENSES Rescue services
10.03.2025	Riigi Infosüsteemi Amet	11 486.54 € Received	OPERATING EXPENSES Communications

1 - 5 / 559 rows

.ee domains

Domain	Status	Registered	Expires	End
connectogroup.ee	Active	07.11.2024	08.11.2034	-
connectoinfra.ee	Active	07.11.2024	08.11.2034	-
connecto.ee	Active	11.09.2017	12.09.2035	-

1 - 3 / 3 rows

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders