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AKTSIASELTS MARTEM

Legal form:

Public limited company

Registry code:

10405229

VAT no.:

EE100085323

Fiscal-year period:

01.01 - 31.12

Established:

10.03.1998 (28)

Capital:

28 800 EUR

Address:

Laki tn 25, Mustamäe linnaosa, Tallinn, Harju maakond, 12915

Status:

Registered

Contacts

Email:

martem@martem.ee

Phone:

+372 6397979

Website:

www.martem.eu

Industries

MANUFACTURING
Manufacture of electrical equipment
Manufacture of electric motors, generators, transformers and distribution and control apparatus
27121 - Manufacture of distribution and control apparatus
ELECTRONIC COMMUNICATIONS SERVICES, PROGRAMMING, CONSULTANCY, DATA-INFRASTRUCTURE AND OTHER INFORMATION ACTIVITIES
Computer programming, consultancy and related activities
62101 - Programming
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
71129 - Other engineering activities

VAT liability

	Start	End
EE100085323	01.01.1994

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	01.07.2025	Valid
2023	01.01.2023 - 31.12.2023	30.06.2024	Valid
2022	01.01.2022 - 31.12.2022	25.07.2023	Valid
2021	01.01.2021 - 31.12.2021	16.06.2022	Valid
2020	01.01.2020 - 31.12.2020	01.07.2021	Valid
2019	01.01.2019 - 31.12.2019	07.07.2020	Valid
2018	01.01.2018 - 31.12.2018	12.06.2019	Valid
2017	01.01.2017 - 31.12.2017	05.06.2018	Valid
2016	01.01.2016 - 31.12.2016	05.06.2017	Valid
2015	01.01.2015 - 31.12.2015	22.06.2016	Valid
2014	01.01.2014 - 31.12.2014	04.06.2015	Valid
2013	01.01.2013 - 31.12.2013	30.05.2014	Valid
2012	01.01.2012 - 31.12.2012	17.05.2013	Valid
2011	01.01.2011 - 31.12.2011	22.05.2012	Valid
2010	01.01.2010 - 31.12.2010	29.04.2011	Valid
2009	01.01.2009 - 31.12.2009	14.05.2010	Valid
2008	01.01.2008 - 31.12.2008	16.06.2009	Valid
2007	01.01.2007 - 31.12.2007	12.11.2008	Valid
2006	01.01.2006 - 31.12.2006	18.06.2007	Valid
2005	01.01.2005 - 31.12.2005	15.06.2006	Valid
2004	01.01.2004 - 31.12.2004	01.06.2005	Valid
2003	01.01.2003 - 31.12.2003	30.06.2004	Valid
2002	01.01.2002 - 31.12.2002	13.06.2003	Valid
2001	01.01.2001 - 31.12.2001	20.06.2002	Valid
2000	01.01.2000 - 31.12.2000	06.06.2001	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 05.06.2026.

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Hidden

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	94 179 €	48 868 €	474 386 €58.9%	12
Kokku 2026:	94 179 €	48 868 €	474 386 €
2025 Q4	83 703 €	41 242 €	298 488 €21.1%	12
2025 Q3	92 114 €	58 397 €	246 525 €29.0%	12
2025 Q2	61 881 €	34 931 €	347 227 €27.3%	12
2025 Q1	79 511 €	41 966 €	272 719 €69.5%	11
Kokku 2025:	317 209 €	176 536 €	1 164 959 €33.3%
2024 Q4	141 831 €	38 102 €	894 968 €171.4%	13
2024 Q3	83 037 €	37 218 €	329 759 €41.4%	13
2024 Q2	41 694 €	35 108 €	233 208 €18.8%	13
2024 Q1	63 741 €	35 580 €	287 363 €33.9%	14
Kokku 2024:	330 303 €	146 008 €	1 745 298 €14.0%
2023 Q4	70 831 €	33 893 €	434 862 €69.8%	13
2023 Q3	54 650 €	38 068 €	256 120 €22.0%	13
2023 Q2	45 568 €	32 807 €	209 944 €66.7%	12
2023 Q1	98 489 €	31 686 €	630 377 €56.3%	11
Kokku 2023:	269 538 €	136 455 €	1 531 304 €53.4%
2022 Q4	69 797 €	29 663 €	403 338 €69.6%	10
2022 Q3	54 000 €	31 888 €	237 871 €13.2%	10
2022 Q2	50 141 €	36 026 €	210 092 €43.1%	10
2022 Q1	53 728 €	36 551 €	146 801 €0.4%	12
Kokku 2022:	227 667 €	134 128 €	998 102 €93.7%
2021 Q4	39 355 €	35 248 €	146 233 €36.6%	14
2021 Q3	106 214 €	39 417 €	107 054 €13.1%	13
2021 Q2	45 921 €	36 794 €	123 161 €11.3%	14
2021 Q1	56 181 €	40 479 €	138 853 €59.2%	16
Kokku 2021:	247 672 €	151 939 €	515 301 €27.7%
2020 Q4	77 446 €	39 385 €	340 322 €32.8%	18
2020 Q3	59 904 €	33 007 €	256 291 €539.1%	18
2020 Q2	31 029 €	30 637 €	40 101 €47.1%	20
2020 Q1	42 702 €	37 458 €	75 761 €25.8%	21
Kokku 2020:	211 081 €	140 487 €	712 475 €8.0%
2019 Q4	38 911 €	33 479 €	102 078 €62.6%	21
2019 Q3	71 580 €	37 970 €	272 939 €53.4%	17
2019 Q2	41 084 €	37 567 €	177 880 €19.7%	20
2019 Q1	63 074 €	38 769 €	221 572 €7.9%	22
Kokku 2019:	214 649 €	147 785 €	774 469 €29.9%
2018 Q4	46 434 €	41 263 €	240 497 €2.0%	22
2018 Q3	56 000 €	41 275 €	235 719 €15.7%	22
2018 Q2	62 629 €	39 388 €	203 818 €52.1%	21
2018 Q1	56 725 €	46 408 €	425 529 €44.4%	24
Kokku 2018:	221 788 €	168 334 €	1 105 563 €4.9%
2017 Q4	47 090 €	37 324 €	294 628 €15.4%	23
2017 Q3	60 397 €	44 092 €	255 381 €7.0%	20
2017 Q2	49 061 €	35 263 €	274 646 €20.0%	18
2017 Q1	53 682 €	46 616 €	228 825 €26.4%	17
Kokku 2017:	210 230 €	163 295 €	1 053 480 €8.4%
2016 Q4	58 951 €	39 013 €	310 863 €6.2%	13
2016 Q3	36 721 €	36 736 €	292 722 €11.2%	13
2016 Q2	40 129 €	33 023 €	263 129 €7.2%	13
2016 Q1	42 745 €	35 587 €	283 559 €39.6%	13
Kokku 2016:	178 546 €	144 359 €	1 150 273 €25.6%
2015 Q4	55 017 €	39 117 €	203 165 €17.3%	14
2015 Q3	61 699 €	47 319 €	245 763 €30.2%	14
2015 Q2	79 042 €	36 331 €	188 695 €32.2%	14
2015 Q1	94 989 €	53 615 €	278 465 €	14
Kokku 2015:	290 747 €	176 382 €	916 088 €

Revenue by industry

	2022	2023	2024
Manufacture of distribution and control apparatus	921 295 €	921 902 €	1 234 922 €
Other engineering activities	76 310 €	81 091 €	63 450 €
Construction engineering design and consultancy	4 460 €	8 732 €	53 520 €
Programming	75 300 €	15 776 €	39 480 €

Tax debts

No tax debt found

No tax debt as of 05.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Johann Sulling	37303XXXXXX	13.03.1973 (53)	Board member	06.12.2024	-
Peter Nobel	36210XXXXXX	05.10.1962 (63)	Board member	06.12.2024	-

2 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
Lumoflex Holding AS	-	09.08.2022 (3)	Shareholder	28 800,00 EUR	100	Sole ownership	26.10.2023	-

8 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
Rein Leipalu	35905XXXXXX	31.05.1959 (67)	Chairman of the supervisory board	04.11.2024	-
Harro Kalda	35912XXXXXX	16.12.1959 (66)	Supervisory-board member	20.06.2024	-
Hele Hammer	47412XXXXXX	19.12.1974 (51)	Supervisory-board member	20.06.2024	-

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

1 - 3 / 3 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Peter Nobel	36210XXXXXX	05.10.1962 (63)	Member of higher governing body (board or supervisory board)	08.11.2018	-

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

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q1

Turnover

Amount

474 386 €

Monthly average

158 129 €

Per employee

13 177 €

Equity ratio

549,06%

Labour taxes

Turnover ratio

10,30%

Tax ratio

51,89%

Monthly average

16 289 €

Per employee

1 357 €

State taxes

Monthly average

31 393 €

Turnover ratio

19,85%

Estimated salary

Gross salary

2 527 €

Net salary

2 024 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	655 317 €52.7%	429 271 €62.5%	1 145 717 €321.5%	271 844 €62.2%	720 092 €9.7%	797 299 €
Non-current assets	9 532 €14.7%	11 173 €23.7%	14 644 €45.2%	26 726 €29.9%	38 128 €13.9%	44 296 €
Total assets	664 849 €50.9%	440 444 €62.0%	1 160 361 €288.6%	298 570 €60.6%	758 220 €9.9%	841 595 €
Short-term liabilities	137 850 €17.2%	117 610 €86.9%	898 329 €759.0%	104 577 €4.4%	100 213 €38.5%	72 367 €
Long-term liabilities	-	-	-	-	-	-
Total liabilities	137 850 €17.2%	117 610 €86.9%	898 329 €759.0%	104 577 €4.4%	100 213 €38.5%	72 367 €
Share or stock capital	28 800 €	28 800 €	28 800 €	28 800 €	28 800 €	28 800 €
Retained earnings	294 034 €26.1%	233 232 €41.2%	165 193 €56.6%	380 577 €47.3%	722 218 €2.2%	738 299 €
Net profit	204 165 €235.8%	60 802 €10.6%	68 039 €131.6%	-215 384 €131.6%	-93 011 €4 468.8%	2 129 €
Equity	526 999 €63.2%	322 834 €23.2%	262 032 €35.1%	193 993 €70.5%	658 007 €14.5%	769 228 €
Turnover	1 391 372 €35.4%	1 027 501 €4.6%	1 077 365 €103.6%	529 266 €17.6%	641 980 €0.0%	642 100 €
Profit margin	14.67%148.0%	5.92%6.3%	6.32%115.5%	-40.69%180.9%	-14.49%4 469.6%	0.33%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	BGV JBC	ZF CJQ	WR WYY	-140 090	-96 488
Liquidity
Current ratio	W.P	P.E	J.P	2.6	7.2
Quick ratio	S.T	A.F	Y.V	1.9	6.3
Cash ratio	S.C	O.H	P.I	0.7	5.5
Efficiency
Days sales outstanding (dso)	WP.G	RPB.P	TNA.D	72.0	47.6
Asset turnover	K.W	L.J	S.N	1.0	0.8
Structure
Debt ratio	J.R	R.U	H.M	0.4	0.1
Profitability
Operating margin	CF.U%	G.D%	O.G%	-29.1%	-17.0%
Net profit margin	HX.T%	X.L%	M.W%	-40.7%	-14.5%
Return on assets (roa)	ME.E%	Z.K%	F.Q%	-40.8%	-11.6%
Return on equity (roe)	LB.G%	IJ.M%	UX.G%	-111.0%	-14.1%

To view all financial ratios, you need to subscribe to extended access to the info portal!

Licences & notices

Type	Number	Field	Status	Start	End
Notice of economic activity	TEL000310	- > Electrical works	Valid	28.10.2005	-

1 - 1 / 1 rows

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 10027281 / 14	06.12.2024	Entry - Amendment entry		Entered into force (06.12.2024)
Ä 10027281 / M9	25.06.2024	Order to remedy deficiencies for correcting extra-entry data - Amendment entry	09.07.2024	Deficiencies remedied (09.07.2024)
Ä 10027281 / 13	19.07.2021	Entry - Amendment entry		Entered into force (19.07.2021)
Ä 10027281 / M8	16.07.2021	Order to remedy deficiencies - Amendment entry	15.08.2021	Deficiencies remedied (19.07.2021)
Ä 10027281 / M7	12.06.2018	Order to remedy deficiencies - Amendment entry	12.07.2018	Deficiencies remedied (12.06.2018)

1 - 5 / 21 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
2-13-57326/25	Civil case	Court judgment	Law of obligations, others	Tamara Šabarova	ECLI:EE:VMK:2014:2.13.57326.17137	30.06.2014

1 - 1 / 1 rows

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

Date	Party	Amount	Classification
14.04.2026	Narva Linnavalitsuse Linnamajandusamet	245.02 € Received	OPERATING EXPENSES Street lighting
19.03.2026	Transpordiamet	726.64 € Received	OPERATING EXPENSES Road transport
17.03.2026	Saku Vallavalitsus	418.50 € Received	OPERATING EXPENSES Street lighting
13.03.2026	Narva Linnavalitsuse Linnamajandusamet	245.02 € Received	OPERATING EXPENSES Street lighting
26.02.2026	Saku Vallavalitsus	418.50 € Received	OPERATING EXPENSES Street lighting

1 - 5 / 175 rows

.ee domains

Domain	Status	Registered	Expires	End
martem.ee	Active	04.07.2010	22.09.2031	-

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