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Osaühing Top Connect

Legal form:

Private limited company

Registry code:

10668897

VAT no.:

EE100615353

Fiscal-year period:

01.01 - 31.12

Established:

26.04.2000 (26)

Capital:

1 000 000 EUR

Address:

Väike-Paala tn 1, Lasnamäe linnaosa, Tallinn, Harju maakond, 11415

Status:

Registered

Contacts

Email:

accounting.department@topconnect.ee

Phone:

+372 6062500

Industries

ELECTRONIC COMMUNICATIONS SERVICES, PROGRAMMING, CONSULTANCY, DATA-INFRASTRUCTURE AND OTHER INFORMATION ACTIVITIES
Electronic communications service
61201 - Resale and brokerage services of electronic communications

VAT liability

	Start	End
EE100615353	01.06.2000

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	21.04.2026	Valid
2024	01.01.2024 - 31.12.2024	09.06.2025	Valid
2023	01.01.2023 - 31.12.2023	02.07.2024	Valid
2022	01.01.2022 - 31.12.2022	16.06.2023	Valid
2021	01.01.2021 - 31.12.2021	17.06.2022	Valid
2020	01.01.2020 - 31.12.2020	30.06.2021	Valid
2019	01.01.2019 - 31.12.2019	13.07.2020	Valid
2018	01.01.2018 - 31.12.2018	03.06.2019	Valid
2017	01.01.2017 - 31.12.2017	29.06.2018	Valid
2016	01.01.2016 - 31.12.2016	06.06.2017	Valid
2015	01.01.2015 - 31.12.2015	29.06.2016	Valid
2014	01.01.2014 - 31.12.2014	13.05.2015	Valid
2013	01.01.2013 - 31.12.2013	11.06.2014	Valid
2013	01.01.2013 - 31.12.2013	10.06.2014	Expired
2012	01.01.2012 - 31.12.2012	25.06.2013	Valid
2011	01.01.2011 - 31.12.2011	03.05.2012	Valid
2010	01.01.2010 - 31.12.2010	28.06.2011	Valid
2009	01.01.2009 - 31.12.2009	02.07.2010	Valid
2009	01.01.2009 - 31.12.2009	03.06.2010	Expired
2008	01.01.2008 - 31.12.2008	29.06.2009	Valid
2007	01.01.2007 - 31.12.2007	31.07.2008	Valid
2006	01.01.2006 - 31.12.2006	06.08.2007	Valid
2005	01.01.2005 - 31.12.2005	14.09.2006	Valid
2004	01.01.2004 - 31.12.2004	29.08.2005	Valid
2003	01.01.2003 - 31.12.2003	10.05.2004	Valid
2002	01.01.2002 - 31.12.2002	31.12.2003	Valid
2001	01.01.2001 - 31.12.2001	03.10.2002	Valid
2000	01.01.2000 - 31.12.2000	21.01.2002	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 04.06.2026.

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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	136 797 €	146 359 €	1 258 922 €6.1%	29
Kokku 2026:	136 797 €	146 359 €	1 258 922 €
2025 Q4	148 778 €	158 685 €	1 341 090 €10.1%	29
2025 Q3	152 261 €	162 031 €	1 490 998 €11.2%	29
2025 Q2	154 669 €	164 841 €	1 679 333 €23.1%	30
2025 Q1	79 723 €	165 637 €	2 184 231 €22.9%	31
Kokku 2025:	535 431 €	651 194 €	6 695 652 €27.0%
2024 Q4	87 398 €	174 899 €	2 834 300 €33.1%	31
2024 Q3	214 308 €	241 238 €	2 129 446 €21.5%	31
2024 Q2	194 093 €	204 468 €	1 753 122 €28.4%	34
2024 Q1	213 046 €	221 880 €	2 449 365 €31.7%	36
Kokku 2024:	708 845 €	842 485 €	9 166 233 €23.9%
2023 Q4	235 229 €	223 672 €	1 860 322 €0.8%	39
2023 Q3	191 080 €	203 326 €	1 875 742 €6.6%	38
2023 Q2	228 205 €	220 289 €	2 008 589 €21.3%	35
2023 Q1	185 059 €	194 414 €	1 655 733 €25.4%	31
Kokku 2023:	839 573 €	841 702 €	7 400 386 €14.2%
2022 Q4	154 147 €	163 192 €	2 218 476 €1.9%	32
2022 Q3	263 914 €	174 085 €	2 176 151 €1.1%	31
2022 Q2	143 433 €	152 540 €	2 199 267 €8.5%	33
2022 Q1	165 260 €	174 162 €	2 026 428 €5.8%	30
Kokku 2022:	726 754 €	663 979 €	8 620 321 €11.2%
2021 Q4	142 189 €	151 316 €	1 914 695 €1.3%	30
2021 Q3	336 969 €	185 874 €	1 939 812 €24.3%	33
2021 Q2	104 186 €	110 851 €	1 560 059 €33.3%	33
2021 Q1	160 155 €	170 730 €	2 337 766 €67.2%	35
Kokku 2021:	743 499 €	618 770 €	7 752 332 €1.5%
2020 Q4	146 347 €	156 435 €	1 398 030 €13.1%	34
2020 Q3	172 463 €	181 239 €	1 607 897 €9.7%	36
2020 Q2	370 667 €	181 494 €	1 466 380 €53.7%	51
2020 Q1	329 207 €	337 703 €	3 166 984 €2.0%	61
Kokku 2020:	1 018 684 €	856 870 €	7 639 292 €47.1%
2019 Q4	259 427 €	265 699 €	3 230 499 €13.2%	67
2019 Q3	312 089 €	316 898 €	3 721 530 €9.1%	70
2019 Q2	481 929 €	273 929 €	3 410 312 €16.5%	64
2019 Q1	268 531 €	276 046 €	4 085 272 €9.8%	64
Kokku 2019:	1 321 976 €	1 132 572 €	14 447 613 €23.6%
2018 Q4	241 029 €	254 216 €	4 527 718 €15.3%	63
2018 Q3	261 008 €	274 448 €	5 346 118 €18.4%	59
2018 Q2	263 249 €	276 548 €	4 514 373 €0.0%	62
2018 Q1	544 875 €	311 528 €	4 512 244 €5.9%	67
Kokku 2018:	1 310 161 €	1 116 740 €	18 900 453 €17.4%
2017 Q4	288 430 €	306 611 €	4 793 575 €24.4%	75
2017 Q3	329 614 €	349 736 €	6 342 464 €13.0%	87
2017 Q2	313 656 €	332 266 €	5 613 411 €8.5%	93
2017 Q1	325 563 €	345 217 €	6 136 906 €27.8%	87
Kokku 2017:	1 257 263 €	1 333 830 €	22 886 356 €13.6%
2016 Q4	266 918 €	281 671 €	4 801 463 €13.7%	81
2016 Q3	311 606 €	326 370 €	5 563 414 €17.6%	81
2016 Q2	262 261 €	277 426 €	4 729 090 €6.5%	81
2016 Q1	288 620 €	296 822 €	5 059 727 €29.5%	81
Kokku 2016:	1 129 405 €	1 182 289 €	20 153 694 €32.5%
2015 Q4	266 452 €	282 782 €	7 175 747 €4.7%	88
2015 Q3	279 631 €	296 832 €	7 532 274 €4.0%	88
2015 Q2	267 164 €	285 305 €	7 239 772 €8.7%	88
2015 Q1	297 462 €	312 330 €	7 925 535 €	88
Kokku 2015:	1 110 709 €	1 177 249 €	29 873 328 €

Revenue by industry

	2023	2024	2025
Resale and brokerage services of electronic communications		8 102 326 €	5 923 224 €
Other electronic communications services	7 183 244 €

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
Benjamin Charles Hudson	37407XXXXXX	25.07.1974 (51)	Board member	10.11.2025	-
Funn Loong Colin Chew	37709XXXXXX	08.09.1977 (48)	Board member	30.05.2024	-

14 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
Osaühing Top Connect	-	26.04.2000 (26)	Shareholder	50 000,00 EUR	5	Sole ownership	30.06.2022	-
Velos IoT Jersey Limited	13307X	-	Shareholder	950 000,00 EUR	95	Sole ownership	30.06.2022	-

8 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
OÜ Ermitex Investeeringud	-	-	Founder	26.04.2000	-

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

1 - 1 / 1 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Funn Loong Colin Chew	37709XXXXXX	08.09.1977 (48)	Member of higher governing body (board or supervisory board)	17.06.2024	-

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

1 - 1 / 1 rows

Holdings in companies

Company	Registered	Role	Share	%	Type	Start	End
Osaühing Top Connect	26.04.2000	Shareholder	50 000,00 EUR	5	Sole ownership	30.06.2022	-

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

1 - 1 / 1 rows

2026 Q1

Turnover

Amount

1 258 922 €

Monthly average

419 641 €

Per employee

14 470 €

Equity ratio

41,96%

Labour taxes

Turnover ratio

11,63%

Tax ratio

106,99%

Monthly average

48 786 €

Per employee

1 682 €

State taxes

Monthly average

45 599 €

Turnover ratio

10,87%

Estimated salary

Gross salary

3 074 €

Net salary

2 431 €

Aggregate data

	2025	2024	2023	2022	2021	2020	2019
Current assets	2 445 291 €11.6%	2 765 202 €9.2%	2 532 036 €5.8%	2 393 360 €69.2%	7 772 633 €59.1%	18 987 200 €18.8%	23 385 396 €
Non-current assets	803 570 €35.1%	1 237 446 €20.0%	1 546 516 €14.7%	1 348 360 €20.1%	1 686 982 €88.7%	14 992 818 €2.4%	15 361 840 €
Total assets	3 248 861 €18.8%	4 002 648 €1.9%	4 078 552 €9.0%	3 741 720 €60.4%	9 459 615 €72.2%	33 980 016 €12.3%	38 747 236 €
Short-term liabilities	1 494 416 €42.6%	2 605 017 €18.8%	2 192 158 €5.1%	2 309 200 €70.2%	7 751 759 €176.3%	2 805 298 €46.0%	5 191 525 €
Long-term liabilities	-	958 €99.9%	1 453 183 €462 697.1%	314 €31.3%	457 €9.3%	504 €99.5%	94 389 €
Total liabilities	1 494 416 €42.7%	2 605 975 €28.5%	3 645 341 €57.8%	2 309 514 €70.2%	7 752 216 €176.3%	2 805 802 €46.9%	5 285 914 €
Share or stock capital	1 000 000 €	1 000 000 €	1 000 000 €	1 000 000 €90.0%	10 000 000 €	10 000 000 €	10 000 000 €
Retained earnings	396 673 €170.0%	-566 789 €231.1%	432 206 €49.8%	288 573 €102.9%	-9 804 977 €143.8%	22 396 321 €6.2%	23 876 507 €
Net profit	357 772 €62.9%	963 462 €196.4%	-998 995 €795.5%	143 633 €90.5%	1 512 376 €223.8%	-1 222 105 €194.4%	-415 187 €
Equity	1 754 445 €25.6%	1 396 673 €222.4%	433 211 €69.8%	1 432 206 €16.1%	1 707 399 €94.5%	31 174 216 €6.8%	33 461 320 €
Turnover	5 923 224 €26.9%	8 102 326 €12.8%	7 183 244 €5.3%	6 823 403 €13.8%	5 993 837 €7.4%	5 578 657 €49.1%	10 966 986 €
Profit margin	6.04%49.2%	11.89%185.5%	-13.91%760.7%	2.11%91.7%	25.23%215.2%	-21.91%478.7%	-3.79%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	L QFS PXN	-BIL LMY	GVR ZQD	1 345 937	253 376
Liquidity
Current ratio	N.X	U.C	V.O	1.0	6.8
Quick ratio	H.H	U.B	A.A	1.0	6.7
Cash ratio	Z.X	O.E	Y.T	0.8	6.1
Efficiency
Days sales outstanding (dso)	EB.W	EB.J	LJ.M	221.3	377.3
Asset turnover	M.U	R.W	A.I	0.3	0.2
Structure
Debt ratio	O.W	X.S	H.Z	0.8	0.1
Profitability
Operating margin	ZC.U%	-CC.W%	F.T%	10.7%	-7.5%
Net profit margin	NC.D%	-TY.H%	D.P%	25.2%	-21.9%
Return on assets (roa)	YM.G%	-YU.F%	J.V%	7.0%	-3.4%
Return on equity (roe)	XM.C%	-DMP.A%	TG.P%	88.6%	-3.9%

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

Licences & notices

Type	Number	Field	Status	Start	End
License	NLT21/2250	Number licences > Number licences	Valid	10.05.2021	09.05.2023
License	NLT19/0298	Number licences > Number licences	Valid	18.01.2019	17.01.2023
License	NLT19/0030	Number licences > Number licences	Valid	03.01.2019	02.01.2023
License	NLT17/8589	Number licences > Number licences	Valid	07.12.2017	06.12.2023
License	NLT17/3500	Number licences > Number licences	Valid	16.05.2017	15.05.2023

1 - 5 / 21 rows

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 10048743 / 37	10.11.2025	Entry - Amendment entry		Entered into force (10.11.2025)
Ä 10048743 / 36	17.07.2024	Entry - Amendment entry		Entered into force (17.07.2024)
Ä 10048743 / 35	03.07.2024	Entry - Amendment entry		Entered into force (03.07.2024)
Ä 10048743 / M12	02.07.2024	Order to remedy deficiencies - Amendment entry	01.08.2024	Deficiencies remedied (03.07.2024)
Ä 10048743 / 34	30.05.2024	Entry - Amendment entry		Entered into force (30.05.2024)

1 - 5 / 42 rows

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions

Document no.	Composition	Decision	Date
	-	In favour of the consumer	01.12.2014
	-	In favour of the consumer	01.12.2014

1 - 2 / 2 rows

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date
2-24-7590/17	Civil case	Court ruling	Bankruptcy law	Karin Sonntak	ECLI:EE:HMK:2024:2.24.7590.21986	06.12.2024
2-20-14417/51	Civil case	Court judgment	Law of obligations	ANNA LIIV, Gea Lepik, Ele Liiv	ECLI:EE:TLRK:2023:2.20.14417.8628	21.04.2023
2-20-14417/39	Civil case	Court judgment	Law of obligations	Anu Uritam	ECLI:EE:HMK:2022:2.20.14417.26549	10.06.2022
2-21-16983/14	Civil case	Court ruling (Ruling on not declaring bankruptcy)	Bankruptcy law	Kairi Piirisild	ECLI:EE:HMK:2021:2.21.16983.27453	23.12.2021
2-19-14132/36	Civil case	Court ruling	Law of obligations	Indrek Soots, Imbi Sidok-Toomsalu, Krista Kirspuu	ECLI:EE:TLRK:2021:2.19.14132.6330	25.01.2021

1 - 5 / 7 rows

Official announcements

Subject	Date
Notice of reduction of share capital of a private-limited company	14.03.2022
Notice of division of a company	18.02.2022
Notice of division of a company	23.12.2021

1 - 3 / 3 rows

Public transactions

Date	Party	Amount	Classification
01.11.2023	Majandus- ja Kommunikatsiooniministeerium	12 250.00 € Received	OTHER GRANTS R&D in other economic sectors
05.06.2023	Majandus- ja Kommunikatsiooniministeerium	29 750.00 € Received	OTHER GRANTS R&D in other economic sectors
21.06.2022	Majandus- ja Kommunikatsiooniministeerium	64 570.79 € Received	OTHER GRANTS R&D in other economic sectors
22.12.2021	Majandus- ja Kommunikatsiooniministeerium	81 440.42 € Received	OTHER GRANTS R&D in other economic sectors
30.06.2021	Majandus- ja Kommunikatsiooniministeerium	43 035.38 € Received	OTHER GRANTS R&D in other economic sectors

1 - 5 / 5 rows

.ee domains

Domain	Status	Registered	Expires	End
velos.ee	Active	23.08.2023	24.08.2027	-
globaltelecominvest.ee	Active	28.10.2021	29.10.2027	-
tcinvest.ee	Active	22.10.2021	23.10.2026	-
travelchat.ee	Active	26.05.2016	27.05.2027	-
apn.ee	Active	05.01.2012	06.01.2027	-

1 - 5 / 10 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