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Adven Eesti AS

Legal form:
Public limited company
Registry code:
10066299
VAT no.:
EE100099584
Fiscal-year period:
01.01 - 31.12
Established:
25.09.1996 (28)
Former business names:
aktsiaselts TERMEST, Fortum Termest AS, osaühing Termest
Capital:
8 084 361,60 EUR
Address:
Harju maakond, Tallinn, Mustamäe linnaosa, Kassi tn 13
Status:
Registered
Contacts
Industries
VAT liability
Start End
EE10009958401.01.1994
Annual reports
Period Submitted
202401.01.2024 - 31.12.202405.05.2025Valid
202301.01.2023 - 31.12.202303.06.2024Valid
202201.01.2022 - 31.12.202210.07.2023Valid
Unsubmitted declarations
No unsubmitted declarations as of 11.06.2025.
Tax debt
✓ None
Unsubmitted reports
✓ Missing
Unsubmitted decl.
✓ Missing
Court decisions
24
Official notices
159
TTJA decisions
1
Real estate
29
.ee domains
3
Tax data
State taxes Labour taxes Taxable turnover Employees
2025 Q11 940 763 €492 713 €
13 594 362 €92.6%
88
Kokku 2025:1 940 763 €492 713 €
13 594 362 €
2024 Q4895 846 €464 903 €
7 059 718 €105.6%
92
2024 Q3610 576 €484 653 €
3 432 911 €57.4%
92
2024 Q21 389 395 €530 963 €
8 052 666 €47.7%
97
2024 Q11 713 013 €449 548 €
15 391 695 €108.5%
95
Kokku 2024:4 608 829 €1 930 067 €
33 936 989 €5.2%
Revenue by industry
2021 2022 2023
Steam and air-conditioning supply 23 333 438 € 34 525 156 € 25 470 264 €
Installation of industrial machinery and equipment 76 168 € 505 200 € 2 044 077 €
Gas production 2 112 074 € 1 455 266 € 1 856 254 €
Debts to the tax authority
No tax debt as of 11.06.2025
2025 Q1
Turnover
Amount
13 594 362 €
Monthly average
4 531 454 €
Per employee
51 494 €
Equity ratio
56,05%
Labour taxes
Turnover ratio
3,62%
Tax ratio
25,39%
Monthly average
164 238 €
Per employee
1 825 €
State taxes
Monthly average
646 921 €
Turnover ratio
14,28%
Estimated salary
Gross salary
3 314 €
Net salary
2 610 €
Aggregate data
2019 2020 2021 2022 2023
Current assets6 292 000 €6 000 000 €4.6%10 793 000 €79.9%25 587 000 €137.1%25 735 000 €0.6%
Non-current assets45 947 000 €45 650 000 €0.6%50 235 000 €10.0%44 488 000 €11.4%43 022 000 €3.3%
Varad kokku52 239 000 €51 650 000 €1.1%61 028 000 €18.2%70 075 000 €14.8%68 757 000 €1.9%
Date of birth Role Start Valid
Raivo Melsas 15.12.1979 (45) Board member 18.04.2017 yes
Ville-Veikko Adolf Heikkinen 26.03.1981 (44) Board member 07.10.2024 yes
Vladislav Mašatin 07.01.1986 (39) Board member 07.10.2024 yes
Ivi Aluoja 22.10.1976 (48) Procurator 26.12.2021 yes
Janne Allandi 15.12.1980 (44) Procurator 07.06.2022 yes
Juha Elo 05.01.1979 (46) Procurator 21.01.2025 yes
Kadri Koppel 18.11.1974 (50) Procurator 26.12.2021 yes
Priit Tiit 07.12.1972 (52) Procurator 26.12.2021 yes
Raivo Melsas - Board member 18.04.2017 yes
Ville-Veikko Adolf Heikkinen 26.03.1981 (44) Board member 07.10.2024 yes
Vladislav Mašatin - Board member 07.10.2024 yes
Ivi Aluoja - Procurator 26.12.2021 yes
Janne Allandi - Procurator 07.06.2022 yes
Juha Elo 05.01.1979 (46) Procurator 21.01.2025 yes
Kadri Koppel - Procurator 26.12.2021 yes
Priit Tiit - Procurator 26.12.2021 yes
Birth or registration date Role Share % Type Start
ADVEN GROUP OY - Shareholder 8 084 361,60 EUR 100 Sole ownership 16.08.2023
Date of birth Control Start
Michael Anthony Nagle 27.09.1952 (72) Right to appoint or remove most executive or governing-body members 23.11.2020
Henry Walter Fayne 23.04.1946 (79) Right to appoint or remove most executive or governing-body members 24.11.2020
Clarence O´Neill Brown 01.11.1952 (72) Right to appoint or remove most executive or governing-body members 07.02.2024
Holdings in companies
Registered Role Share % Type Start
Aktsiaselts Rakvere Soojus 07.01.1997 Shareholder 377 600,00 EUR 48,99 Sole ownership 16.08.2023
Licences & notices
Number Field Status Start End
MajandustegevusteadeMGS000062Natural gas > Gas salesValid14.07.2017-
MajandustegevusteadeTEL002795Equipment works > Electrical worksValid17.06.2016-
MajandustegevusteadeEEP003646Construction > Design / engineeringValid13.06.2016-
MajandustegevusteadeEEH009346Construction > ConstructionValid07.06.2016-
TegevuslubaELT000050Electricity > Generation of electricityValid18.07.2012-
Regulations
Date Type Deadline Status
Ä 10004076 / 5821.01.2025Entry - Amendment entryEntered into force (21.01.2025)
Ä 10004076 / 5707.10.2024Entry - Amendment entryEntered into force (07.10.2024)
Ä 10004076 / 5604.07.2023Entry - Second, constitutive merger entry (on acquiring entity’s registry card)Entered into force (04.07.2023)
Real estate

Registry part:
11642902
Cadastral number:
89001:010:2897
Type:
Hoonestusõigus
Address:
Sõpruse tee 4, Haabneeme alevik, Viimsi vald, Harju maakond
Purpose:
Industrial land 100%
Area:
8345 m²

Registry part:
6721302
Cadastral number:
72801:002:0057
Type:
Kinnisasi
Address:
Koondise tn 21, Saue linn, Saue vald, Harju maakond
Purpose:
Industrial land 100%
Area:
479 m²

Registry part:
11599702
Cadastral number:
72701:005:2540
Type:
Kinnisasi
Address:
Vae tn 6, Laagri alevik, Saue vald, Harju maakond
Purpose:
Industrial land 100%
Area:
5236 m²
Consumer Disputes Committee decisions
Committee Decision Date
19-1/24-17053-001Taavi HeinAgainst the consumer26.02.2025
Court decisions
Procedure type Judgment type Category Judges ECLI Date
2-23-15907/31Civil caseCourt judgmentProperty lawAnna LiivECLI:EE:HMK:2024:2.23.15907.1135821.06.2024
2-23-9314/3Civil caseCourt judgment (Default judgment)Law of obligationsAndrea LegaECLI:EE:HMK:2023:2.23.9314.2043628.09.2023
2-20-16307/17Civil caseCourt judgmentLaw of obligationsKarin SonntakECLI:EE:HMK:2021:2.20.16307.1396625.06.2021
Official announcements
Date
Notice of auction of immovable property in enforcement proceedings20.06.2024
Notice of granting or refusal of an environmental permit31.10.2023
Notice of disclosure of the draft environmental permit13.10.2023
Public transactions
Party Amount Classification
30.04.2025Riigi Kinnisvara Aktsiaselts8 686.77 €
Saadud
OPERATING EXPENSES
Other general services
25.04.2025Lüganuse Vallavalitsus2 633.07 €
Saadud
OPERATING EXPENSES
Folk culture
25.04.2025Lüganuse Vallavalitsus2 540.43 €
Saadud
OPERATING EXPENSES
Pre-primary education
25.04.2025Riigi Kinnisvara Aktsiaselts560.60 €
Saadud
OPERATING EXPENSES
Other general services
25.04.2025Põhja-Pärnumaa Vallavalitsus3 529.77 €
Saadud
OPERATING EXPENSES
Folk culture
.ee domains
Status Registered Expires
termest.eeok (paid and in zone)30.12.201031.12.2025
fortumtermest.eeok (paid and in zone)04.07.201004.01.2026
gaasienergia.eeok (paid and in zone)04.07.201027.08.2032