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osaühing SystemTest

Legal form:

Private limited company

Registry code:

10040822

VAT no.:

EE100149447

Fiscal-year period:

01.01 - 31.12

Established:

03.06.1996 (30)

Capital:

6 604 EUR

Address:

Pirni tn 7/2, Kristiine linnaosa, Tallinn, Harju maakond, 10617

Status:

Registered

Contacts

Email:

systemtest@systemtest.ee

Phone:

+372 6405421

Website:

https://www.systemtest.ee

Industries

WHOLESALE AND RETAIL TRADE
Wholesale trade
Wholesale of information and communication equipment
46503 - Wholesale of electronic and telecommunications equipment and parts
PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
Architectural & engineering activities; technical testing and analysis
Architectural & engineering activities and technical consultancy
Engineering activities and related technical consultancy
71121 - Construction engineering design and consultancy

VAT liability

	Start	End
EE100149447	01.01.1994

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	28.01.2026	Valid
2024	01.01.2024 - 31.12.2024	28.02.2025	Valid
2023	01.01.2023 - 31.12.2023	29.05.2024	Valid
2022	01.01.2022 - 31.12.2022	20.06.2023	Valid
2021	01.01.2021 - 31.12.2021	22.06.2022	Valid
2020	01.01.2020 - 31.12.2020	18.06.2021	Valid
2019	01.01.2019 - 31.12.2019	29.06.2020	Valid
2018	01.01.2018 - 31.12.2018	25.06.2019	Valid
2017	01.01.2017 - 31.12.2017	25.06.2018	Valid
2016	01.01.2016 - 31.12.2016	01.06.2017	Valid
2015	01.01.2015 - 31.12.2015	08.06.2016	Valid
2014	01.01.2014 - 31.12.2014	18.05.2015	Valid
2013	01.01.2013 - 31.12.2013	16.06.2014	Valid
2012	01.01.2012 - 31.12.2012	14.05.2013	Valid
2011	01.01.2011 - 31.12.2011	17.05.2012	Valid
2010	01.01.2010 - 31.12.2010	08.06.2011	Valid
2009	01.01.2009 - 31.12.2009	13.05.2010	Valid
2008	01.01.2008 - 31.12.2008	19.06.2009	Valid
2007	01.01.2007 - 31.12.2007	17.06.2008	Valid
2006	01.01.2006 - 31.12.2006	18.06.2007	Valid
2005	01.01.2005 - 31.12.2005	20.06.2006	Valid
2004	01.01.2004 - 31.12.2004	21.06.2005	Valid
2003	01.01.2003 - 31.12.2003	24.05.2004	Valid
2002	01.01.2002 - 31.12.2002	04.06.2003	Valid
2001	01.01.2001 - 31.12.2001	25.06.2002	Valid
2000	01.01.2000 - 31.12.2000	08.06.2001	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 04.06.2026.

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	143 316 €	58 772 €	663 325 €83.1%	13
Kokku 2026:	143 316 €	58 772 €	663 325 €
2025 Q4	109 767 €	59 765 €	362 198 €4.8%	13
2025 Q3	95 003 €	57 000 €	345 631 €36.0%	13
2025 Q2	113 810 €	59 010 €	540 098 €11.6%	14
2025 Q1	121 983 €	60 376 €	611 127 €32.7%	13
Kokku 2025:	440 563 €	236 151 €	1 859 054 €38.9%
2024 Q4	115 244 €	54 844 €	460 362 €100.9%	15
2024 Q3	76 115 €	54 779 €	229 199 €37.3%	15
2024 Q2	83 077 €	44 887 €	365 383 €29.1%	15
2024 Q1	81 343 €	52 278 €	283 039 €21.7%	14
Kokku 2024:	355 779 €	206 788 €	1 337 983 €2.5%
2023 Q4	71 476 €	47 741 €	361 583 €71.5%	14
2023 Q3	215 309 €	53 031 €	210 829 €37.0%	12
2023 Q2	72 473 €	46 122 €	334 447 €28.1%	16
2023 Q1	93 209 €	51 091 €	465 381 €10.7%	15
Kokku 2023:	452 468 €	197 986 €	1 372 239 €23.7%
2022 Q4	80 247 €	54 404 €	420 356 €19.8%	15
2022 Q3	80 669 €	50 503 €	350 761 €16.5%	14
2022 Q2	106 075 €	60 919 €	419 993 €30.8%	14
2022 Q1	117 510 €	57 591 €	606 893 €9.3%	16
Kokku 2022:	384 500 €	223 417 €	1 798 003 €13.5%
2021 Q4	94 350 €	53 250 €	555 265 €46.5%	15
2021 Q3	84 818 €	54 572 €	378 936 €16.3%	15
2021 Q2	79 645 €	49 283 €	325 944 €0.7%	17
2021 Q1	93 385 €	55 591 €	323 703 €35.9%	17
Kokku 2021:	352 197 €	212 696 €	1 583 848 €9.8%
2020 Q4	86 667 €	51 983 €	505 367 €5.3%	17
2020 Q3	89 445 €	53 266 €	479 859 €12.4%	17
2020 Q2	126 910 €	81 016 €	426 770 €24.1%	17
2020 Q1	96 996 €	52 397 €	343 911 €31.4%	17
Kokku 2020:	400 018 €	238 662 €	1 755 907 €30.7%
2019 Q4	120 373 €	59 481 €	501 458 €18.2%	16
2019 Q3	105 139 €	60 975 €	424 349 €45.6%	18
2019 Q2	148 232 €	48 395 €	780 666 €5.5%	17
2019 Q1	129 362 €	53 599 €	826 257 €118.9%	16
Kokku 2019:	503 106 €	222 450 €	2 532 730 €47.8%
2018 Q4	86 905 €	50 477 €	377 403 €20.9%	15
2018 Q3	97 296 €	49 381 €	477 235 €11.7%	16
2018 Q2	98 703 €	45 320 €	427 169 €1.0%	15
2018 Q1	90 352 €	47 669 €	431 677 €70.3%	15
Kokku 2018:	373 256 €	192 847 €	1 713 484 €28.0%
2017 Q4	79 475 €	48 829 €	253 414 €16.0%	14
2017 Q3	75 983 €	45 763 €	301 845 €31.9%	14
2017 Q2	88 214 €	46 811 €	443 538 €30.3%	14
2017 Q1	86 622 €	47 150 €	340 282 €52.1%	14
Kokku 2017:	330 294 €	188 553 €	1 339 079 €21.2%
2016 Q4	66 223 €	40 648 €	223 695 €25.6%	12
2016 Q3	90 110 €	54 607 €	300 513 €5.6%	12
2016 Q2	87 881 €	51 723 €	284 640 €3.9%	12
2016 Q1	82 349 €	53 814 €	296 147 €7.5%	12
Kokku 2016:	326 563 €	200 792 €	1 104 995 €27.3%
2015 Q4	105 759 €	49 089 €	275 590 €3.5%	15
2015 Q3	127 003 €	50 850 €	285 476 €8.3%	15
2015 Q2	76 877 €	46 945 €	263 553 €62.1%	15
2015 Q1	143 888 €	123 904 €	695 608 €	15
Kokku 2015:	453 527 €	270 788 €	1 520 227 €

Revenue by industry

	2023	2024	2025
Construction engineering design and consultancy	824 191 €	975 256 €	1 346 087 €
Wholesale of electronic and telecommunications equipment and parts		185 049 €	308 486 €
Wholesale of electronic and telecommunications equipment and parts	225 456 €

Tax debts

No tax debt found

No tax debt as of 04.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Artjom Kurbatski	37612XXXXXX	12.12.1976 (49)	Board member	14.09.2023	-
Raimo Hermet	37501XXXXXX	08.01.1975 (51)	Board member	14.09.2023	-

11 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
Artjom Kurbatski	37612XXXXXX	12.12.1976 (49)	Shareholder	3 302,00 EUR	50	Sole ownership	21.05.2026	-
Raimo Hermet	37501XXXXXX	08.01.1975 (51)	Shareholder	3 302,00 EUR	50	Sole ownership	21.05.2026	-

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

1 - 2 / 2 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Eve Filonenko	45908XXXXXX	06.08.1959 (66)	Audit firm	01.11.2005	-

1 - 1 / 1 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Artjom Kurbatski	37612XXXXXX	12.12.1976 (49)	Member of higher governing body (board or supervisory board)	28.02.2024	-
Natalja Kurbatski	47701XXXXXX	17.01.1977 (49)	Indirect holding	28.02.2024	-
Raimo Hermet	37501XXXXXX	08.01.1975 (51)	Member of higher governing body (board or supervisory board)	28.02.2024	-

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

1 - 3 / 3 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

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

2026 Q1

Turnover

Amount

663 325 €

Monthly average

221 108 €

Per employee

17 008 €

Equity ratio

3 348,10%

Labour taxes

Turnover ratio

8,86%

Tax ratio

41,01%

Monthly average

19 591 €

Per employee

1 507 €

State taxes

Monthly average

47 772 €

Turnover ratio

21,61%

Estimated salary

Gross salary

2 779 €

Net salary

2 212 €

Aggregate data

	2025	2024	2023	2022	2021	2020	2019
Current assets	561 889 €11.9%	502 225 €16.9%	429 627 €69.7%	1 418 570 €4.0%	1 478 060 €21.1%	1 220 988 €0.8%	1 211 686 €
Non-current assets	9 995 €19.3%	8 378 €45.9%	15 486 €4.5%	14 814 €99.1%	7 439 €92.0%	92 976 €618.6%	12 939 €
Total assets	571 884 €12.0%	510 603 €14.7%	445 113 €68.9%	1 433 384 €3.5%	1 485 499 €13.1%	1 313 964 €7.3%	1 224 625 €
Short-term liabilities	156 512 €11.2%	176 184 €14.5%	153 897 €44.6%	277 804 €9.5%	253 595 €40.6%	180 368 €27.6%	248 962 €
Long-term liabilities	-	100 000 €	100 000 €	-	-	-	-
Total liabilities	156 512 €43.3%	276 184 €8.8%	253 897 €8.6%	277 804 €9.5%	253 595 €40.6%	180 368 €27.6%	248 962 €
Share or stock capital	6 604 €	6 604 €	6 604 €	6 604 €	6 604 €	6 604 €	6 604 €
Retained earnings	227 815 €23.4%	184 612 €64.8%	525 097 €57.1%	1 225 300 €8.7%	1 126 992 €16.3%	969 059 €81.0%	535 388 €
Net profit	180 953 €318.8%	43 203 €112.7%	-340 485 €346.1%	-76 324 €177.6%	98 308 €37.8%	157 933 €63.6%	433 671 €
Equity	415 372 €77.2%	234 419 €22.6%	191 216 €83.5%	1 155 580 €6.2%	1 231 904 €8.7%	1 133 596 €16.2%	975 663 €
Turnover	1 654 573 €42.6%	1 160 305 €10.5%	1 049 647 €19.4%	1 301 549 €6.8%	1 396 819 €0.3%	1 392 966 €31.9%	2 044 178 €
Profit margin	10.94%193.7%	3.72%111.5%	-32.44%453.2%	-5.86%183.3%	7.04%37.9%	11.34%46.6%	21.21%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	BX CHF	-LZK XLO	-MY RKV	100 571	166 420
Liquidity
Current ratio	L.A	L.O	I.Y	5.8	6.8
Quick ratio	Y.F	S.R	E.N	5.0	6.5
Cash ratio	Q.R	B.G	D.X	0.7	2.4
Efficiency
Days sales outstanding (dso)	WZ.H	AUY.D	GZT.N	238.4	202.3
Asset turnover	O.W	D.Q	F.E	1.0	1.1
Structure
Debt ratio	I.I	Y.E	A.E	0.2	0.1
Profitability
Operating margin	A.M%	-WK.E%	-A.U%	6.7%	11.3%
Net profit margin	D.H%	-QD.U%	-W.A%	7.0%	11.3%
Return on assets (roa)	N.O%	-NY.W%	-L.Q%	7.0%	12.4%
Return on equity (roe)	PO.H%	-CSM.P%	-G.W%	8.0%	13.9%

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Licences & notices

Type	Number	Field	Status	Start	End
Notice of economic activity	EL10040822-0001	- > Electrical works	Valid	06.09.2002	-

1 - 1 / 1 rows

Regulations

Regulation no.	Date	Type	Status
Ä 10001283 / 25	21.05.2026	Entry - Amendment entry	Entered into force (21.05.2026)
Ä 10001283 / 24	12.05.2026	Entry - Amendment entry	Entered into force (12.05.2026)
Ä 10001283 / 23	09.01.2025	Entry - Amendment entry under NSPA § 595¹ (1)	Entered into force (09.01.2025)
Ä 10001283 / 22	14.09.2023	Entry - Amendment entry	Entered into force (14.09.2023)
Ä 10001283 / 21	01.09.2023	Entry - Amendment entry	Entered into force (01.09.2023)

1 - 5 / 29 rows

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

Date	Party	Amount	Classification
04.11.2025	Aktsiaselts Lahevesi	886.60 € Received	OPERATING EXPENSES Water supply
26.05.2025	OÜ TAPA VESI	4 433.48 € Received	OPERATING EXPENSES Water supply
06.05.2025	Aktsiaselts Lahevesi	1 592.10 € Received	OPERATING EXPENSES Water supply
14.04.2025	Aktsiaselts Lahevesi	195.20 € Received	OPERATING EXPENSES Water supply
25.03.2025	Aktsiaselts Lahevesi	1 983.72 € Received	OPERATING EXPENSES Water supply

1 - 5 / 28 rows

.ee domains

Domain	Status	Registered	Expires	End
systemtest.ee	Active	04.07.2010	17.11.2026	-

1 - 1 / 1 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