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Tieto Estonia AS

Legal form:

Public limited company

Registry code:

10137025

VAT no.:

EE100210460

Fiscal-year period:

01.01 - 31.12

Established:

27.12.1996 (29)

Former business names:

Tieto Eesti AS, Tieto Estonia Aktsiaselts, TietoEnator Eesti Aktsiaselts, Tietoevry Estonia AS, Tietotehdas Finance Eesti Aktsiaselts

Capital:

25 077 EUR

Address:

A. H. Tammsaare tee 47, Kristiine linnaosa, Tallinn, Harju maakond, 11316

Status:

Registered

Contacts

Email:

estonia@tieto.com

Phone:

+372 6646207

Website:

https://www.tieto.com

Industries

ELECTRONIC COMMUNICATIONS SERVICES, PROGRAMMING, CONSULTANCY, DATA-INFRASTRUCTURE AND OTHER INFORMATION ACTIVITIES
Computer programming, consultancy and related activities
62101 - Programming

VAT liability

	Start	End
EE100210460	01.03.1995

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	08.07.2025	Valid
2023	01.01.2023 - 31.12.2023	01.07.2024	Valid
2022	01.01.2022 - 31.12.2022	03.07.2023	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	04.08.2020	Valid
2018	01.01.2018 - 31.12.2018	07.06.2019	Valid
2017	01.01.2017 - 31.12.2017	14.05.2018	Valid
2016	01.01.2016 - 31.12.2016	30.06.2017	Valid
2015	01.01.2015 - 31.12.2015	21.06.2016	Valid
2014	01.01.2014 - 31.12.2014	25.06.2015	Valid
2013	01.01.2013 - 31.12.2013	27.06.2014	Valid
2012	01.01.2012 - 31.12.2012	19.06.2013	Valid
2011	01.01.2011 - 31.12.2011	10.07.2012	Valid
2010	01.01.2010 - 31.12.2010	19.03.2012	Valid
2009	01.01.2009 - 31.12.2009	13.12.2010	Valid
2008	01.01.2008 - 31.12.2008	10.07.2009	Valid
2007	01.01.2007 - 31.12.2007	11.04.2008	Valid
2006	01.01.2006 - 31.12.2006	20.04.2007	Valid
2005	01.01.2005 - 31.12.2005	29.06.2006	Valid
2004	01.01.2004 - 31.12.2004	12.07.2005	Valid
2003	01.01.2003 - 31.12.2003	02.06.2004	Valid
2002	01.01.2002 - 31.12.2002	13.06.2003	Valid
2001	01.01.2001 - 31.12.2001	13.05.2002	Valid
2000	01.01.2000 - 31.12.2000	21.03.2001	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	335 071 €	249 226 €	744 681 €0.5%	41
Kokku 2026:	335 071 €	249 226 €	744 681 €
2025 Q4	407 600 €	320 390 €	748 253 €48.0%	40
2025 Q3	545 847 €	312 484 €	1 438 205 €38.9%	44
2025 Q2	525 891 €	399 166 €	1 035 261 €4.0%	45
2025 Q1	456 850 €	327 352 €	1 078 107 €32.1%	52
Kokku 2025:	1 936 188 €	1 359 392 €	4 299 826 €9.4%
2024 Q4	450 745 €	363 189 €	815 971 €40.2%	52
2024 Q3	568 592 €	359 705 €	1 364 201 €34.4%	56
2024 Q2	484 912 €	366 540 €	1 014 757 €34.7%	57
2024 Q1	560 534 €	347 575 €	1 553 533 €38.8%	58
Kokku 2024:	2 064 783 €	1 437 009 €	4 748 462 €46.9%
2023 Q4	814 022 €	563 221 €	2 538 960 €53.9%	57
2023 Q3	596 515 €	519 149 €	1 649 421 €26.2%	97
2023 Q2	755 502 €	647 242 €	2 235 865 €11.3%	96
2023 Q1	709 124 €	607 661 €	2 520 244 €3.2%	111
Kokku 2023:	2 875 163 €	2 337 273 €	8 944 490 €4.5%
2022 Q4	630 457 €	563 980 €	2 442 834 €4.8%	116
2022 Q3	597 247 €	563 178 €	2 330 056 €0.7%	115
2022 Q2	606 326 €	581 348 €	2 346 651 €4.4%	109
2022 Q1	623 963 €	521 069 €	2 247 914 €23.7%	114
Kokku 2022:	2 457 993 €	2 229 575 €	9 367 455 €28.8%
2021 Q4	1 317 152 €	800 312 €	2 947 763 €9.7%	112
2021 Q3	861 665 €	858 005 €	2 687 901 €27.5%	147
2021 Q2	1 054 679 €	1 071 672 €	3 708 753 €2.8%	186
2021 Q1	1 103 010 €	1 042 884 €	3 814 207 €2.5%	246
Kokku 2021:	4 336 506 €	3 772 873 €	13 158 624 €28.6%
2020 Q4	1 220 338 €	1 136 455 €	3 721 626 €12.9%	282
2020 Q3	1 100 423 €	1 112 322 €	4 272 877 €21.6%	315
2020 Q2	1 164 048 €	1 123 600 €	5 451 967 €9.4%	309
2020 Q1	1 131 536 €	1 116 254 €	4 982 981 €7.5%	306
Kokku 2020:	4 616 345 €	4 488 632 €	18 429 451 €3.4%
2019 Q4	1 054 527 €	1 036 483 €	4 636 908 €7.7%	307
2019 Q3	1 255 451 €	1 079 839 €	4 305 572 €18.2%	333
2019 Q2	1 083 416 €	1 066 233 €	5 263 533 €8.2%	288
2019 Q1	1 120 422 €	1 013 976 €	4 862 654 €1.5%	300
Kokku 2019:	4 513 816 €	4 196 531 €	19 068 667 €6.2%
2018 Q4	1 026 084 €	1 003 474 €	4 789 366 €8.6%	310
2018 Q3	944 453 €	950 888 €	4 408 630 €1.9%	312
2018 Q2	975 805 €	1 003 197 €	4 493 012 €5.3%	310
2018 Q1	911 145 €	913 969 €	4 268 131 €15.4%	290
Kokku 2018:	3 857 487 €	3 871 528 €	17 959 139 €4.7%
2017 Q4	954 948 €	942 301 €	5 045 517 €3.2%	286
2017 Q3	1 017 285 €	944 287 €	4 889 794 €1.0%	310
2017 Q2	970 810 €	914 949 €	4 841 700 €18.9%	292
2017 Q1	834 057 €	842 249 €	4 073 741 €19.5%	281
Kokku 2017:	3 777 100 €	3 643 786 €	18 850 752 €60.8%
2016 Q4	867 648 €	795 092 €	3 407 700 €6.8%	231
2016 Q3	709 393 €	744 517 €	3 190 941 €11.9%	231
2016 Q2	666 908 €	665 590 €	2 852 665 €25.4%	231
2016 Q1	634 610 €	530 778 €	2 274 873 €14.9%	231
Kokku 2016:	2 878 559 €	2 735 977 €	11 726 179 €34.0%
2015 Q4	511 304 €	511 053 €	2 673 754 €15.6%	145
2015 Q3	452 664 €	441 929 €	2 312 108 €11.2%	145
2015 Q2	384 249 €	397 591 €	2 080 141 €23.6%	145
2015 Q1	425 021 €	321 665 €	1 682 905 €	145
Kokku 2015:	1 773 238 €	1 672 238 €	8 748 908 €

Revenue by industry

	2022	2023	2024
Programming	8 282 149 €	7 118 666 €	4 041 217 €

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
Valērija Vārna	48105XXXXXX	08.05.1981 (45)	Board member	17.11.2025	-
Kenth Hakan Alfons Berg	-	22.02.1980 (46)	Board member	11.03.2025	-
Mikael Erik Thun	-	04.09.1980 (45)	Board member	26.04.2023	-

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

1 - 3 / 3 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
DANSKE BANK/ FINNISH CLIENTS HOLDINGS	DK006XXXXXXX	-	Shareholder	25 077,00 EUR	100	Sole ownership	17.04.2024	-

11 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
Jacob Løvf Nestande	-	11.06.1986 (39)	Chairman of the supervisory board	27.03.2024	-
Janne Kaarlo Salminen	-	23.01.1964 (62)	Supervisory-board member	16.05.2023	-
Jussi Tapio Tokola	-	25.09.1978 (47)	Supervisory-board member	16.05.2023	-
Aktsiaselts PricewaterhouseCoopers	-	-	Audit firm	01.07.2009	-

1 - 4 / 4 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Jacob Løvf Nestande	-	11.06.1986 (39)	Member of higher governing body (board or supervisory board)	12.06.2024	-
Janne Kaarlo Salminen	-	23.01.1964 (62)	Member of higher governing body (board or supervisory board)	12.06.2024	-
Jussi Tapio Tokola	-	25.09.1978 (47)	Member of higher governing body (board or supervisory board)	12.06.2024	-

6 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

744 681 €

Monthly average

248 227 €

Per employee

6 054 €

Equity ratio

989,86%

Labour taxes

Turnover ratio

33,47%

Tax ratio

74,38%

Monthly average

83 075 €

Per employee

2 051 €

State taxes

Monthly average

111 690 €

Turnover ratio

45,00%

Estimated salary

Gross salary

3 695 €

Net salary

2 893 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	1 802 230 €33.7%	2 718 640 €13.8%	2 388 015 €13.4%	2 106 539 €72.2%	7 571 492 €15.9%	6 535 500 €
Non-current assets	447 635 €11.4%	401 853 €44.5%	724 669 €57.5%	460 016 €25.7%	618 896 €35.3%	955 947 €
Total assets	2 249 865 €27.9%	3 120 493 €0.3%	3 112 684 €21.3%	2 566 555 €68.7%	8 190 388 €9.3%	7 491 447 €
Short-term liabilities	1 656 139 €21.8%	2 118 666 €13.2%	1 871 746 €7.2%	1 746 503 €26.9%	2 390 553 €14.7%	2 801 884 €
Long-term liabilities	170 606 €100.0%	85 324 €57.5%	200 769 €129.4%	87 531 €89.5%	46 194 €58.5%	111 271 €
Total liabilities	1 826 745 €17.1%	2 203 990 €6.3%	2 072 515 €13.0%	1 834 034 €24.7%	2 436 747 €16.4%	2 913 155 €
Share or stock capital	25 077 €	25 077 €	25 077 €	25 077 €99.2%	3 028 659 €11 977.4%	25 077 €
Retained earnings	891 426 €28.7%	692 525 €2.1%	707 444 €42.1%	1 220 963 €11.0%	1 099 633 €65.6%	3 197 182 €
Net profit	-493 383 €348.1%	198 901 €35.3%	307 648 €159.9%	-513 519 €131.6%	1 625 349 €19.9%	1 356 033 €
Equity	423 120 €53.8%	916 503 €11.9%	1 040 169 €42.0%	732 521 €87.3%	5 753 641 €25.7%	4 578 292 €
Turnover	4 041 217 €43.2%	7 118 666 €14.0%	8 282 149 €24.0%	10 892 791 €32.0%	16 027 502 €5.0%	16 867 788 €
Profit margin	-12.21%537.0%	2.79%24.8%	3.71%178.8%	-4.71%146.5%	10.14%26.1%	8.04%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	-HYJ HMQ	JUW ZBC	NVN WMD	331 477	2 332 778
Liquidity
Current ratio	C.Q	L.Z	Z.A	1.2	3.2
Quick ratio	G.S	I.H	S.U	1.2	3.2
Cash ratio	I.S	F.E	H.F	0.0	0.0
Efficiency
Days sales outstanding (dso)	APP.O	PFB.U	FR.O	162.1	160.6
Asset turnover	P.M	K.U	A.T	2.0	2.0
Structure
Debt ratio	F.Z	J.J	S.S	0.7	0.3
Profitability
Operating margin	-FT.A%	O.G%	K.L%	-0.9%	10.8%
Net profit margin	-AZ.M%	Q.D%	U.Z%	-4.7%	10.1%
Return on assets (roa)	-ON.T%	V.Z%	VQ.F%	-9.5%	20.7%
Return on equity (roe)	-JMK.H%	DE.O%	PX.N%	-70.1%	28.2%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Regulation no.	Date	Type	Status
Ä 10008057 / 42	14.05.2026	Entry - Amendment entry	Entered into force (14.05.2026)
Ä 10008057 / 41	08.05.2026	Entry - Amendment entry	Entered into force (08.05.2026)
Ä 10008057 / 40	17.11.2025	Entry - Amendment entry	Entered into force (17.11.2025)
Ä 10008057 / M8	07.07.2025	Fine-warning order – annual report not filed	Deficiencies remedied (09.07.2025)
Ä 10008057 / 39	11.03.2025	Entry - Amendment entry	Entered into force (11.03.2025)

1 - 5 / 42 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

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date	Participants
3-17-2703/4	Administrative case	Court ruling	Public procurement	Janek Laidvee	ECLI:EE:TLHK:2017:3.17.2703.26387	15.12.2017

1 - 1 / 1 rows

Official announcements

Subject	Date
Notice of division of a company	12.05.2023
Notice of preparation of a division plan or conclusion of a division agreement	17.02.2023
Notice of share-capital reduction	30.09.2020
Notice of share-capital reduction	03.09.2019
Notice of conclusion of a public limited company merger agreement	27.03.2017

1 - 5 / 5 rows

Public transactions

Date	Party	Amount	Classification
22.04.2026	Haridus- ja Teadusministeerium	36 037.32 € Received	OPERATING EXPENSES Other education, incl. education administration
21.04.2026	Tallinna Strateegiakeskus	987.04 € Received	OPERATING EXPENSES Other general services
21.04.2026	Tallinna Strateegiakeskus	1 112.28 € Received	OPERATING EXPENSES Other general services
21.04.2026	Tallinna Strateegiakeskus	20 283.10 € Received	OPERATING EXPENSES Pre-primary education
21.04.2026	Tallinna Strateegiakeskus	6 372.51 € Received	OPERATING EXPENSES Other general services

1 - 5 / 1966 rows

.ee domains

Domain	Status	Registered	Expires	End
testest.ee	Active	27.07.2020	28.07.2026	-
tietoanalytics.ee	Active	11.09.2018	12.09.2026	-
tes.ee	Active	30.06.2011	01.07.2026	-

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