Aktsiaselts Propaan

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	15.05.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	19.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	26.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	29.05.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	25.05.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	09.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	19.06.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	21.05.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	08.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	29.05.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	28.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	25.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	25.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	28.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	28.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	30.06.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	30.06.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	30.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	26.06.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	29.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	30.06.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	27.10.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	30.06.2004	Valid	PDF
2002	01.01.2002 – 31.12.2002	30.07.2003	Valid	PDF
2001	01.01.2001 – 31.12.2001	28.06.2002	Valid	PDF
2000	01.01.2000 – 31.12.2000	28.06.2001	Valid	PDF

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Tax debt Reports Declarations Court decisions2 Official announcements–TTJA decisions1 Real estate13 .ee domains1 Licenses9 Regulations27 Public transactions136 Grants–State aid5 Public procurement4 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	1,33 M €	151 809 €	5,41 M €−10,9%	48
2026 Q2	1,48 M €	144 899 €	6,07 M €+7,3%	50
2026 Q1	1,37 M €	153 342 €	5,66 M €+1,2%	49
Total 2026:	4,18 M €	450 050 €	17,1 M €
2025 Q4	1,31 M €	149 750 €	5,59 M €+11,2%	48
2025 Q3	1,31 M €	150 378 €	5,03 M €−11,8%	47
2025 Q2	1,14 M €	146 586 €	5,70 M €+17,6%	48
2025 Q1	1,16 M €	150 644 €	4,85 M €+40,8%	47
Total 2025:	4,92 M €	597 358 €	21,2 M €
2024 Q4	1,07 M €	147 294 €	3,44 M €+2,7%	48
2024 Q3	1,23 M €	165 558 €	3,35 M €+8,4%	51
2024 Q2	978 025 €	146 438 €	3,09 M €−10,7%	51
2024 Q1	1,14 M €	151 284 €	3,46 M €−2,6%	50
Total 2024:	4,43 M €	610 574 €	13,3 M €
2023 Q4	1,08 M €	138 748 €	3,56 M €+15,6%	50
2023 Q3	1,04 M €	135 008 €	3,08 M €−4,1%	49
2023 Q2	1,08 M €	131 688 €	3,21 M €−12,8%	48
2023 Q1	966 266 €	133 460 €	3,68 M €−15,0%	47
Total 2023:	4,17 M €	538 904 €	13,5 M €
2022 Q4	1,12 M €	129 928 €	4,33 M €+13,8%	46
2022 Q3	1,07 M €	122 101 €	3,80 M €−3,6%	47
2022 Q2	1,00 M €	107 209 €	3,94 M €+45,0%	45
2022 Q1	852 448 €	111 201 €	2,72 M €−4,7%	46
Total 2022:	4,05 M €	470 439 €	14,8 M €
2021 Q4	937 979,81 €	102 309,83 €	2,85 M €+6,1%	46
2021 Q3	910 545,23 €	100 901,97 €	2,69 M €+27,3%	44
2021 Q2	702 899,18 €	90 992,18 €	2,11 M €+1,1%	46
2021 Q1	683 296,82 €	92 391,69 €	2,09 M €+10,9%	47
Total 2021:	3,23 M €	386 595,67 €	9,75 M €
2020 Q4	648 433,75 €	87 348,34 €	1,89 M €−5,9%	46
2020 Q3	681 698,23 €	88 535,11 €	2,00 M €+41,1%	43
2020 Q2	539 008,75 €	81 955,52 €	1,42 M €−24,9%	43
2020 Q1	647 780 €	94 631 €	1,89 M €+4,1%	45
Total 2020:	2,52 M €	352 469,97 €	7,20 M €
2019 Q4	623 325 €	89 619 €	1,82 M €+7,6%	48
2019 Q3	563 271 €	88 223 €	1,69 M €+27,1%	50
2019 Q2	532 734 €	83 364 €	1,33 M €+4,1%	46
2019 Q1	484 689 €	99 760 €	1,27 M €−14,1%	45
Total 2019:	2,20 M €	360 966 €	6,10 M €
2018 Q4	474 065 €	82 611 €	1,48 M €−1,1%	43
2018 Q3	462 084 €	83 302 €	1,50 M €−10,8%	43
2018 Q2	513 896 €	82 042 €	1,68 M €+5,4%	46
2018 Q1	473 338 €	82 661 €	1,60 M €−8,6%	45
Total 2018:	1,92 M €	330 616 €	6,26 M €
2017 Q4	501 915 €	86 649 €	1,74 M €+11,5%	44
2017 Q3	458 568 €	90 666 €	1,56 M €+1,4%	48
2017 Q2	376 624 €	83 325 €	1,54 M €+10,9%	48
2017 Q1	365 620 €	90 737 €	1,39 M €+32,6%	47
Total 2017:	1,70 M €	351 377 €	6,24 M €
2016 Q4	379 825 €	88 875 €	1,05 M €−4,1%	51
2016 Q3	363 638 €	92 668 €	1,09 M €+5,1%	51
2016 Q2	336 653 €	88 202 €	1,04 M €−3,2%	51
2016 Q1	315 252 €	91 072 €	1,07 M €+2,5%	51
Total 2016:	1,40 M €	360 817 €	4,26 M €
2015 Q4	364 522 €	89 644 €	1,05 M €−2,2%	51
2015 Q3	363 850 €	91 637 €	1,07 M €+1,3%	51
2015 Q2	316 746 €	90 474 €	1,06 M €−2,0%	51
2015 Q1	332 187 €	92 288 €	1,08 M €	51
Total 2015:	1,38 M €	364 043 €	4,26 M €

Revenue by industry

	2023	2024	2025
Wholesale of other liquid and gaseous fuels etc.	10 925 705 €	10 924 441 €	12 432 986 €
Wholesale of other intermediate products	772 531 €	578 809 €	694 889 €
Renting and operating of own or leased real estate	170 002 €	178 711 €	168 667 €

Tax debts

No tax debt found

No tax debt as of 23.10.2026

Representatives

	Personal ID code
Michael Kelfmann	37304XXXXXX	26.04.1973 (53)	Board member	08.08.2016	-

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Shareholders

	Personal ID code
aktsiaselts AQUA MARINA	10120426	15.11.1996 (29)	Shareholder	151 251,30 EUR	35,72%	Sole ownership	05.12.2025	-
Pavel Maksimov	35108XXXXXX	27.08.1951 (75)	Shareholder	90 738 EUR	21,43%	Sole ownership	16.08.2023	-
Natalia Rezun	45511XXXXXX	17.11.1955 (70)	Shareholder	90 738 EUR	21,43%	Sole ownership	16.08.2023	-
Michael Kelfmann	37304XXXXXX	26.04.1973 (53)	Shareholder	45 369 EUR	10,71%	Sole ownership	14.08.2024	-
RAISA REZUN	-	06.12.1952 (73)	Shareholder	45 369 EUR	10,71%	Sole ownership	03.03.2025	-

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Other persons

	Personal ID code
Pavel Maksimov	35108XXXXXX	27.08.1951 (75)	Chairman of the supervisory board	09.06.2026	-
Alla Vul	48001XXXXXX	18.01.1980 (46)	Supervisory-board member	09.06.2026	-
Andres Linnas	36711XXXXXX	12.11.1967 (58)	Supervisory-board member	09.06.2026	-
Natalia Rezun	45511XXXXXX	17.11.1955 (70)	Supervisory-board member	09.06.2026	-
Alar Heinaste	36011XXXXXX	27.11.1960 (65)	Audit firm	30.06.2010	-

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Ultimate beneficial owners

	Personal ID code
Alla Vul	48001XXXXXX	18.01.1980 (46)	Member of higher governing body (board or supervisory board)	15.05.2023	-
Andres Linnas	36711XXXXXX	12.11.1967 (58)	Member of higher governing body (board or supervisory board)	15.05.2023	-
Michael Kelfmann	37304XXXXXX	26.04.1973 (53)	Member of higher governing body (board or supervisory board)	15.05.2023	-
Natalia Rezun	45511XXXXXX	17.11.1955 (70)	Member of higher governing body (board or supervisory board)	15.05.2023	-
Pavel Maksimov	35108XXXXXX	27.08.1951 (75)	Member of higher governing body (board or supervisory board)	15.05.2023	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

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2026 Q3

Turnover

Amount: 5 409 200 €
Monthly average: 1 803 067 €
Per employee: 37 564 €
Equity ratio: 425,79%

Labour taxes

Turnover ratio: 2,81%
Tax ratio: 11,45%
Monthly average: 50 603 €
Per employee: 1 033 €

State taxes

Monthly average: 441 938 €
Turnover ratio: 24,51%

Estimated salary

Gross salary: 1 954 €
Net salary: 1 623 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	4 202 538 €+8,2%	3 885 459 €+7,9%	3 602 570 €+0,7%	3 577 903 €+50,0%	2 385 542 €+18,3%	2 016 503 €+4,9%	1 922 188 €
Non-current assets	1 835 207 €+23,7%	1 483 629 €−3,1%	1 530 374 €+15,0%	1 331 329 €−5,4%	1 407 697 €−3,9%	1 464 304 €+1,3%	1 445 358 €
Total assets	6 037 745 €+12,5%	5 369 088 €+4,6%	5 132 944 €+4,6%	4 909 232 €+29,4%	3 793 239 €+9,0%	3 480 807 €+3,4%	3 367 546 €
Short-term liabilities	831 598 €+37,9%	603 110 €+2,4%	588 864 €−23,3%	767 557 €+30,9%	586 554 €+18,0%	497 175 €+12,1%	443 474 €
Long-term liabilities	-	563 €−99,2%	68 101 €−33,2%	101 920 €−29,9%	145 391 €−8,7%	159 173 €−31,1%	230 998 €
Total liabilities	831 598 €+37,8%	603 673 €−8,1%	656 965 €−24,4%	869 477 €+18,8%	731 945 €+11,5%	656 348 €−2,7%	674 472 €
Share or stock capital	423 465 €	423 465 €	423 465 €	423 465 €	423 465 €	423 465 €	423 465 €
Retained earnings	4 046 573 €+9,2%	3 707 137 €+20,7%	3 070 913 €+23,4%	2 489 025 €+8,8%	2 288 750 €+6,7%	2 144 232 €+3,4%	2 074 254 €
Net profit	690 732 €+17,2%	589 436 €−37,0%	936 224 €−13,5%	1 081 888 €+256%	303 702 €+43,7%	211 385 €+40,9%	149 978 €
Equity	5 206 147 €+9,2%	4 765 415 €+6,5%	4 475 979 €+10,8%	4 039 755 €+32,0%	3 061 294 €+8,4%	2 824 459 €+4,9%	2 693 074 €
Turnover	13 296 542 €+13,8%	11 682 021 €−1,6%	11 868 238 €−7,5%	12 824 587 €+38,2%	9 276 599 €+52,5%	6 082 620 €+7,7%	5 650 258 €
Profit margin	5,2%	5,0%	7,9%	8,4%	3,3%	3,5%	2,7%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	1 292 970 €	526 233 €
Liquidity
Current ratio	4,7	4,1
Quick ratio	2,6	2,3
Cash ratio	0,9	0,4
Efficiency
Days sales outstanding (dso)	33,5	35,2
Asset turnover	2,9	2,6
Structure
Debt ratio	0,2	0,2
Profitability
Operating margin	8,7%	3,5%
Net profit margin	8,4%	3,3%
Return on assets (roa)	24,9%	8,4%
Return on equity (roe)	26,8%	9,9%

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Licences & notices


License	RVSK082983	Transport	Valid	27.01.2026	24.01.2034
License	RVSK074880	Transport	Valid	29.01.2024	24.01.2034
License	RVSK074881	Transport	Valid	29.01.2024	24.01.2034
License	RVSK074882	Transport	Valid	29.01.2024	24.01.2034
License	RVSK074883	Transport	Valid	29.01.2024	24.01.2034

Regulations


Ä 10006744 / M8	22.05.2026	Directive order – Amendment entry	-	Entered into force22.05.2026
Ä 10006744 / 21	06.10.2020	Entry – Amendment entry	-	Entered into force06.10.2020
Ä 10006744 / 20	16.01.2018	Entry – Amendment entry	-	Entered into force16.01.2018
Ä 10006744 / 19	07.11.2017	Entry – Amendment entry	-	Entered into force07.11.2017
Ä 10006744 / 18	28.09.2017	Entry – Amendment entry	-	Entered into force28.09.2017

Real estate

		Purpose
Betooni tn 12a, Lasnamäe linnaosa, Tallinn, Harju maakond	6804 m²	Transport land 100%
Betooni tn 3, Lasnamäe linnaosa, Tallinn, Harju maakond	13 403 m²	Commercial land 100%
Betooni tn 5 // Gaasi tn 8 // 11, Lasnamäe linnaosa, Tallinn, Harju maakond	68 103 m²	Transport land 100%
Gaasi tn 6, Lasnamäe linnaosa, Tallinn, Harju maakond	5075 m²	Commercial land 100%
Gaasi tn 7, Lasnamäe linnaosa, Tallinn, Harju maakond	5949 m²	Industrial land 100%

Consumer Disputes Committee decisions


19-1/24-07127-001	Alar Urm	In favour of the consumer	04.10.2024	PDF

Court decisions


2-20-141819/4	Kohtu I astme menetlus	Court rulingCompromise ruling	Law of obligations	Toomas Ventsli	ECLI:EE:HMK:2020:2.20.141819.25703	28.12.2020	Open
3-08-89/111	Apellatsioonmenetlus	Court judgment	Economic administrative law	Lilianne Aasma, Ruth Plaks, Lauri Madise	ECLI:EE:TLRK:2010:3.08.89.41542	15.11.2010	Open

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


14.07.2026	Haapsalu Kutsehariduskeskus	115,60 €Received	OPERATING EXPENSESVocational education
14.07.2026	Osaühing Viimsi Haldus	388,62 €Received	OPERATING EXPENSESOther economy, incl. economic administration
13.07.2026	Tartumaa Omavalitsuste Liit	1 259,84 €Received	OPERATING EXPENSESOther general government services
02.07.2026	Aktsiaselts Tallinna Linnatransport	4 110,85 €Received	OPERATING EXPENSESOrganisation of public transport
04.06.2026	Kaitseliit	53,22 €Received	OTHER OPERATING EXPENSESOther defence

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


30.04.2021	Eesti TöötukassaAid measure 20985	Palgatoetus VTA › Palgatoetus VTAGrant	3 504 €	20985/2102056
22.04.2020	Tallinna LinnakantseleiAid measure 20910	KOMISJONI TEATIS Riigiabi ajutine raamistik majanduse toetamiseks praeguse COVID-19 puhangu kontekstis › Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"Grant	220 €	20910/2000048
22.04.2020	Tallinna LinnakantseleiAid measure 20910	KOMISJONI TEATIS Riigiabi ajutine raamistik majanduse toetamiseks praeguse COVID-19 puhangu kontekstis › Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"Grant	110 €	20910/2000816
31.10.2019	Eesti TöötukassaAid measure 15461	Palgatoetus VTA › Palgatoetus VTAGrant	3 056,01 €	15461/2009536
18.01.2018	Eesti TöötukassaAid measure 15463	Palgatoetus VTA › Palgatoetus VTAGrant	5 851,12 €	15463/1902684

Public procurement contracts


01.11.2023End 01.05.2024	Reference number 270546 · Propaan	Enefit Industry OÜContracting authority	13 814,70 €actual 5 027,04 €	Completed
01.11.2023End 01.05.2024	Reference number 270546 · Propaani ostmine	Enefit Industry OÜContracting authority	5 027,04 €	Completed
19.11.2021End 18.11.2025	Reference number 240101 · Raamleping (3 ettevõtjaga)	Võru VallavalitsusContracting authority	157 000 €	Concluded
26.10.2020End 25.10.2022	Reference number 228383 · Gaaside ostmine, propaan	Enefit Industry OÜContracting authority	38 112,50 €	Completed

.ee domains


propaan.ee	Active	04.07.2010	25.11.2026

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

Data comes from public registers.