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Jah

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???

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13.2K€

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Covalent Osaühing

Legal form:

Private limited company

Registry code:

10978416

VAT no.:

EE100862481

Fiscal-year period:

01.01 - 31.12

Established:

17.10.2003 (22)

Capital:

2 556 EUR

Address:

Lõõtsa tn 8, Lasnamäe linnaosa, Tallinn, Harju maakond, 11415

Status:

Registered

Contacts

Email:

covalent@covalent.ee

Phone:

+372 5125501

Industries

ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES
Office administration and other business support services
Business support service activities n.e.c.
82991 - Other business support service activities n.e.c.

VAT liability

	Start	End
EE100862481	17.11.2003

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	30.06.2025	Valid
2023	01.01.2023 - 31.12.2023	30.06.2024	Valid
2022	01.01.2022 - 31.12.2022	30.06.2023	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	31.10.2020	Valid
2018	01.01.2018 - 31.12.2018	30.06.2019	Valid
2017	01.01.2017 - 31.12.2017	30.06.2018	Valid
2016	01.01.2016 - 31.12.2016	30.06.2017	Valid
2015	01.01.2015 - 31.12.2015	30.06.2016	Valid
2014	01.01.2014 - 31.12.2014	30.06.2015	Valid
2013	01.01.2013 - 31.12.2013	30.06.2014	Valid
2012	01.01.2012 - 31.12.2012	09.08.2013	Valid
2011	01.01.2011 - 31.12.2011	30.12.2012	Valid
2010	01.01.2010 - 31.12.2010	30.06.2011	Valid
2009	01.01.2009 - 31.12.2009	16.06.2010	Valid
2008	01.01.2008 - 31.12.2008	30.06.2009	Valid
2007	01.01.2007 - 31.12.2007	30.06.2008	Valid
2006	01.01.2006 - 31.12.2006	29.06.2007	Valid
2005	01.01.2005 - 31.12.2005	03.07.2006	Valid
2004	17.10.2003 - 31.12.2004	30.06.2005	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 04.06.2026.

Delayed declarations

	Deadline	Submitted
VAT return	20.02.2026	03.03.2026	11 days overdue
VAT return	22.09.2025	24.09.2025	2 days overdue

???

Credit rating

Hidden

Credit rating is based on company financial data and payment behavior. detailed analysis available to regia+ users.

020406080100

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View summary

13.2K€

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	21 120 €	11 177 €	125 057 €41.8%	6
Kokku 2026:	21 120 €	11 177 €	125 057 €
2025 Q4	32 751 €	17 738 €	215 052 €49.5%	6
2025 Q3	37 667 €	16 919 €	143 818 €3.3%	6
2025 Q2	28 376 €	17 898 €	139 251 €2.7%	6
2025 Q1	28 758 €	16 679 €	143 157 €2.3%	6
Kokku 2025:	127 552 €	69 234 €	641 278 €10.6%
2024 Q4	34 744 €	17 546 €	139 985 €5.2%	6
2024 Q3	30 525 €	20 742 €	133 054 €5.8%	6
2024 Q2	35 734 €	19 746 €	141 209 €14.8%	6
2024 Q1	23 194 €	17 595 €	165 768 €36.4%	6
Kokku 2024:	124 197 €	75 629 €	580 016 €19.4%
2023 Q4	32 045 €	22 400 €	121 536 €2.7%	6
2023 Q3	29 642 €	17 968 €	118 296 €22.5%	6
2023 Q2	17 875 €	13 839 €	152 646 €63.8%	6
2023 Q1	23 711 €	19 198 €	93 189 €26.3%	6
Kokku 2023:	103 273 €	73 406 €	485 666 €4.9%
2022 Q4	17 317 €	11 820 €	126 523 €2.7%	6
2022 Q3	29 054 €	18 791 €	129 999 €7.5%	6
2022 Q2	28 955 €	19 695 €	140 567 €23.6%	6
2022 Q1	23 529 €	18 158 €	113 766 €6.8%	7
Kokku 2022:	98 855 €	68 463 €	510 855 €12.7%
2021 Q4	25 134 €	18 266 €	106 523 €14.9%	7
2021 Q3	23 485 €	18 538 €	92 703 €32.6%	7
2021 Q2	24 266 €	18 463 €	137 615 €18.1%	7
2021 Q1	22 109 €	16 172 €	116 540 €21.5%	7
Kokku 2021:	94 995 €	71 438 €	453 382 €11.5%
2020 Q4	18 541 €	14 917 €	148 406 €65.5%	7
2020 Q3	25 546 €	23 183 €	89 648 €41.4%	7
2020 Q2	28 395 €	21 463 €	153 026 €26.0%	7
2020 Q1	26 910 €	19 637 €	121 458 €37.8%	7
Kokku 2020:	99 392 €	79 200 €	512 538 €10.9%
2019 Q4	27 853 €	15 988 €	195 305 €93.3%	6
2019 Q3	25 762 €	17 906 €	101 014 €31.0%	6
2019 Q2	26 444 €	19 475 €	146 493 €10.4%	7
2019 Q1	20 004 €	14 738 €	132 692 €31.1%	7
Kokku 2019:	100 063 €	68 107 €	575 504 €11.3%
2018 Q4	23 935 €	15 292 €	101 222 €35.4%	7
2018 Q3	23 512 €	17 155 €	156 720 €9.3%	7
2018 Q2	26 037 €	16 723 €	143 423 €23.8%	7
2018 Q1	32 366 €	20 050 €	115 828 €6.4%	7
Kokku 2018:	105 850 €	69 220 €	517 193 €2.1%
2017 Q4	20 250 €	12 443 €	123 723 €9.6%	6
2017 Q3	21 913 €	10 857 €	112 924 €9.3%	5
2017 Q2	20 925 €	11 236 €	124 564 €14.2%	5
2017 Q1	30 787 €	10 796 €	145 128 €24.4%	5
Kokku 2017:	93 875 €	45 332 €	506 339 €15.8%
2016 Q4	16 814 €	9 737 €	116 704 €7.9%	5
2016 Q3	24 997 €	10 570 €	126 684 €28.7%	5
2016 Q2	15 367 €	8 214 €	98 451 €3.3%	5
2016 Q1	17 297 €	7 949 €	95 280 €8.2%	5
Kokku 2016:	74 475 €	36 470 €	437 119 €6.8%
2015 Q4	21 765 €	11 048 €	88 040 €22.6%	6
2015 Q3	21 025 €	14 270 €	113 714 €11.6%	6
2015 Q2	17 146 €	12 786 €	101 883 €3.7%	6
2015 Q1	23 817 €	13 275 €	105 785 €	6
Kokku 2015:	83 753 €	51 379 €	409 422 €

Revenue by industry

	2022	2023	2024
Other business support service activities n.e.c.	457 640 €	509 836 €	523 240 €

Tax debts

	Amount	Deferred	Disputed
Interest	222,00 €	222,00 €	0,00 €
Social tax	4 862,70 €	4 862,70 €	0,00 €
Income tax in special cases	5 689,28 €	5 689,28 €	0,00 €
Unemployment insurance contributions	317,62 €	317,62 €	0,00 €
Withheld income tax	2 071,50 €	2 071,50 €	0,00 €
Total	13 163,10 €	13 163,10 €	0,00 €

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Allan Kulpson	36505XXXXXX	01.05.1965 (61)	Board member	27.02.2004	-

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

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Allan Kulpson	36505XXXXXX	01.05.1965 (61)	Shareholder	2 556,00 EUR	100	Sole ownership	01.09.2023	-

2 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
Mari Mathiesen	-	-	Founder	17.10.2003	-

1 - 1 / 1 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Allan Kulpson	36505XXXXXX	01.05.1965 (61)	Direct holding	19.10.2018	-

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q1

Turnover

Amount

125 057 €

Monthly average

41 686 €

Per employee

6 948 €

Equity ratio

1 630,89%

Labour taxes

Turnover ratio

8,94%

Tax ratio

52,92%

Monthly average

3 726 €

Per employee

621 €

State taxes

Monthly average

7 040 €

Turnover ratio

16,89%

Estimated salary

Gross salary

1 288 €

Net salary

1 102 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	365 749 €6.9%	342 100 €7.6%	318 055 €4.6%	333 487 €5.8%	315 162 €9.3%	347 348 €
Non-current assets	8 487 €63.6%	23 346 €14.2%	20 446 €3.1%	21 105 €24.1%	27 811 €217.4%	8 761 €
Total assets	374 236 €2.4%	365 446 €8.0%	338 501 €4.5%	354 592 €3.4%	342 973 €3.7%	356 109 €
Short-term liabilities	147 623 €65.9%	88 977 €32.5%	131 740 €33.2%	98 896 €45.5%	181 404 €42.5%	127 274 €
Long-term liabilities	-	-	2 505 €62.6%	6 699 €37.8%	10 770 €	-
Total liabilities	147 623 €65.9%	88 977 €33.7%	134 245 €27.1%	105 595 €45.1%	192 174 €51.0%	127 274 €
Share or stock capital	2 556 €	2 556 €	2 556 €	2 556 €	2 556 €	2 556 €
Retained earnings	50 567 €53.8%	109 542 €13.6%	96 441 €18.2%	117 828 €135.3%	50 070 €16.0%	43 169 €
Net profit	173 490 €5.5%	164 371 €56.2%	105 259 €18.2%	128 613 €31.0%	98 173 €46.4%	183 110 €
Equity	226 613 €18.0%	276 469 €35.4%	204 256 €18.0%	248 997 €65.1%	150 799 €34.1%	228 835 €
Turnover	534 295 €3.4%	516 535 €12.9%	457 640 €4.0%	476 798 €0.9%	472 542 €15.4%	558 859 €
Profit margin	32.47%2.0%	31.82%38.4%	23.00%14.7%	26.97%29.8%	20.78%36.6%	32.76%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	JTT TCX	DKU KVL	NVL GVP	140 757	130 547
Liquidity
Current ratio	T.M	W.S	R.S	3.4	1.7
Quick ratio	J.E	I.I	Q.I	3.4	1.7
Cash ratio	J.E	W.S	P.C	2.5	1.5
Efficiency
Days sales outstanding (dso)	GU.Y	CF.S	LG.V	40.6	52.1
Asset turnover	A.T	G.B	U.K	1.4	1.4
Structure
Debt ratio	B.S	V.N	K.T	0.3	0.6
Profitability
Operating margin	KY.Y%	WL.V%	MY.C%	28.1%	26.2%
Net profit margin	BF.I%	OS.D%	CX.E%	27.0%	20.8%
Return on assets (roa)	ZV.S%	AQ.N%	OM.G%	36.9%	28.1%
Return on equity (roe)	AG.P%	KJ.Y%	IQ.B%	51.7%	65.1%

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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 10075155 / 10	01.09.2023	Entry - Amendment entry	Entered into force (01.09.2023)
Ä 10075155 / 9	08.11.2018	Entry - Amendment entry under CRA § 525 (2)	Entered into force (08.11.2018)
Ä 10075155 / 8	17.01.2018	Entry - Amendment entry	Entered into force (17.01.2018)
Ä 10075155 / 7	08.11.2017	Entry - Amendment entry	Entered into force (08.11.2017)
Ä 10075155 / 6	31.08.2016	Entry - Amendment entry	Entered into force (31.08.2016)

1 - 5 / 10 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

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

No public transactions found

Company has no public transactions

.ee domains

Domain	Status	Registered	Expires	End
riskomed.ee	Active	15.08.2019	16.08.2026	-
gl-pharma.ee	Active	17.04.2014	18.04.2027	-
covalent.ee	Active	04.07.2010	30.12.2026	-

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