Arrow ECS Baltic OÜ

Legal form:: Private limited company
Registry code:: 12141384
VAT no.:: EE101468541
Fiscal-year period:: 01.01 - 31.12
Established:: 02.08.2011 (15 y)
Capital:: 2 500 EUR
Address:: Sõpruse pst 145, Kristiine linnaosa, Tallinn, Harju maakond, 13425
Status:: Registered

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Contacts

Email:: henrik.resting@arrow.com

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Industries

CONSTRUCTION
Construction of civil engineering projects
Construction of utility network projects
42221 – Construction of power and telecommunications lines

Industry TOPNo. 1 of 263 companies

1.Arrow ECS Baltic OÜ166.7M €
2.AS Connecto Infra116.8M €
3.LEONHARD WEISS OÜ94M €
4.Enersense Aktsiaselts41M €
5.AS INF Ehitus32.7M €
6.AS Connecto Eesti31.9M €
7.aktsiaselts Eleväli23M €
8.E-Service Aktsiaselts17.4M €
9.Kagu Elekter OÜ15M €
10.Energiapartner OÜ14.5M €

Main activity 42221 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE101468541	04.08.2011	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	26.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	16.04.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	22.03.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	30.03.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	18.05.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	27.05.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	02.05.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	04.05.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	21.04.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	11.04.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	29.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	25.06.2014	Valid	PDF
2012	02.08.2011 – 31.12.2012	17.06.2013	Valid	PDF

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No unsubmitted declarations as of 14.11.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains–Licenses–Regulations16 Public transactions182 Grants–State aid–Public procurement20 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	2,16 M €	262 320 €	43,7 M €+35,5%	51
2026 Q2	1,80 M €	236 660 €	32,3 M €−44,6%	50
2026 Q1	2,89 M €	249 251 €	58,2 M €+78,8%	52
Total 2026:	6,85 M €	748 231 €	134,2 M €
2025 Q4	1,98 M €	269 777 €	32,5 M €+1,7%	55
2025 Q3	1,67 M €	256 638 €	32,0 M €+31,9%	55
2025 Q2	1,42 M €	217 405 €	24,3 M €−30,9%	51
2025 Q1	1,74 M €	216 904 €	35,1 M €+39,5%	43
Total 2025:	6,81 M €	960 724 €	124,0 M €
2024 Q4	1,22 M €	215 902 €	25,2 M €+7,1%	44
2024 Q3	1,16 M €	207 000 €	23,5 M €+39,0%	47
2024 Q2	967 657 €	191 729 €	16,9 M €−42,6%	45
2024 Q1	1,01 M €	186 659 €	29,4 M €+66,3%	45
Total 2024:	4,35 M €	801 290 €	95,0 M €
2023 Q4	974 263 €	178 969 €	17,7 M €+10,2%	44
2023 Q3	998 053 €	184 466 €	16,1 M €+30,5%	45
2023 Q2	735 854 €	174 822 €	12,3 M €−52,1%	46
2023 Q1	1,60 M €	174 262 €	25,7 M €+34,0%	43
Total 2023:	4,31 M €	712 519 €	71,8 M €
2022 Q4	894 737 €	161 827 €	19,2 M €+38,9%	42
2022 Q3	714 188 €	151 789 €	13,8 M €+49,9%	41
2022 Q2	778 771 €	147 904 €	9,21 M €−40,0%	39
2022 Q1	883 381 €	138 091 €	15,4 M €+45,9%	39
Total 2022:	3,27 M €	599 611 €	57,5 M €
2021 Q4	561 660,78 €	126 871,87 €	10,5 M €−8,0%	33
2021 Q3	941 801,75 €	117 043,74 €	11,4 M €+36,8%	34
2021 Q2	673 556,10 €	107 322,91 €	8,36 M €+5,3%	32
2021 Q1	484 131,80 €	110 253,98 €	7,94 M €+6,7%	31
Total 2021:	2,66 M €	461 492,50 €	38,3 M €
2020 Q4	394 407,78 €	94 519,48 €	7,45 M €−9,3%	29
2020 Q3	509 914,21 €	88 918,62 €	8,21 M €+15,8%	26
2020 Q2	471 243,73 €	87 957,06 €	7,09 M €−5,3%	23
2020 Q1	339 976 €	86 526 €	7,48 M €+34,9%	26
Total 2020:	1,72 M €	357 921,16 €	30,2 M €
2019 Q4	395 416 €	77 487 €	5,55 M €−16,3%	22
2019 Q3	243 369 €	73 565 €	6,63 M €+31,8%	19
2019 Q2	335 317 €	62 288 €	5,03 M €−37,4%	19
2019 Q1	445 661 €	53 574 €	8,03 M €+45,6%	15
Total 2019:	1,42 M €	266 914 €	25,2 M €
2018 Q4	262 707 €	29 666 €	5,52 M €−22,6%	13
2018 Q3	159 061 €	13 324 €	7,13 M €+10,4%	6
2018 Q2	530 930 €	18 545 €	6,45 M €+12,4%	1
2018 Q1	299 766 €	16 310 €	5,75 M €+47,0%	2
Total 2018:	1,25 M €	77 845 €	24,8 M €
2017 Q4	207 963 €	16 022 €	3,91 M €−21,3%	2
2017 Q3	227 316 €	17 276 €	4,96 M €−48,7%	2
2017 Q2	270 767 €	15 495 €	9,67 M €+105%	2
2017 Q1	181 318 €	16 104 €	4,72 M €+84,3%	2
Total 2017:	887 364 €	64 897 €	23,3 M €
2016 Q4	199 060 €	16 632 €	2,56 M €−4,4%	2
2016 Q3	166 237 €	17 404 €	2,68 M €+13,1%	2
2016 Q2	127 106 €	15 382 €	2,37 M €−6,0%	2
2016 Q1	136 358 €	16 364 €	2,52 M €+40,3%	2
Total 2016:	628 761 €	65 782 €	10,1 M €
2015 Q4	142 996 €	25 207 €	1,80 M €−3,5%	3
2015 Q3	116 708 €	26 116 €	1,86 M €+7,0%	3
2015 Q2	122 405 €	24 413 €	1,74 M €−55,5%	3
2015 Q1	294 517 €	54 816 €	3,91 M €	3
Total 2015:	676 626 €	130 552 €	9,31 M €

Revenue by industry

	2023	2024	2025
Construction of power and telecommunications lines		34 153 184 €	79 645 048 €
Other business support service activities n.e.c.		24 188 436 €
Wholesale of electronic and telecommunications equipment and parts	41 568 400 €

Tax debts

No tax debt found

No tax debt as of 14.11.2026

Representatives

	Personal ID code
John Normann Refsgaard	-	25.08.1966 (60)	Board member	04.03.2025	-
Stefan Høg	-	17.10.1986 (40)	Board member	04.03.2025	-
Petri Mikael Siitonen	-	20.06.1970 (56)	Board member	23.09.2024	-
Jyrki Antero Korhonen	-	29.10.1966 (60)	Board member	15.11.2022	-

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Shareholders

	Personal ID code
ARROW ECS NORDIC A/S	12274XXX	-	Shareholder	2 500 EUR	100,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
ARROW ECS NORDIC A/S	12274XXX	-	Founder	27.07.2011	-

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Ultimate beneficial owners

	Personal ID code
Christopher David Stansbury	-	22.01.1962 (64)	Member of higher governing body (board or supervisory board)	01.11.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 43 701 152 €
Monthly average: 14 567 051 €
Per employee: 285 628 €

Labour taxes

Turnover ratio: 0,60%
Tax ratio: 12,15%
Monthly average: 87 440 €
Per employee: 1 731 €

State taxes

Monthly average: 719 484 €
Turnover ratio: 4,94%

Estimated salary

Gross salary: 3 146 €
Net salary: 2 519 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	37 667 752 €+39,3%	27 039 744 €+38,1%	19 578 834 €+26,6%	15 463 199 €+52,1%	10 164 049 €+77,4%	5 729 188 €+11,7%	5 127 046 €
Non-current assets	-	-	-	1 279 €−91,3%	14 768 €−55,3%	33 056 €−39,1%	54 264 €
Total assets	37 667 752 €+39,3%	27 039 744 €+38,1%	19 578 834 €+26,6%	15 464 478 €+51,9%	10 178 817 €+76,6%	5 762 244 €+11,2%	5 181 310 €
Short-term liabilities	23 832 616 €+45,7%	16 356 697 €+41,0%	11 604 508 €+17,6%	9 865 760 €+59,3%	6 194 805 €+119%	2 829 035 €−8,2%	3 083 189 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	23 832 616 €+45,7%	16 356 697 €+41,0%	11 604 508 €+17,6%	9 865 760 €+59,3%	6 194 805 €+119%	2 829 035 €−8,2%	3 083 189 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	10 680 548 €+34,0%	7 971 826 €+42,5%	5 596 218 €+40,6%	3 981 512 €+35,9%	2 930 709 €+39,8%	2 095 621 €+25,1%	1 675 064 €
Net profit	3 152 089 €+16,4%	2 708 722 €+14,0%	2 375 608 €+47,1%	1 614 706 €+53,7%	1 050 803 €+25,8%	835 088 €+98,6%	420 557 €
Equity	13 835 137 €+29,5%	10 683 048 €+34,0%	7 974 326 €+42,4%	5 598 718 €+40,5%	3 984 012 €+35,8%	2 933 209 €+39,8%	2 098 121 €
Turnover	79 645 048 €+36,5%	58 341 620 €+40,4%	41 568 400 €+22,9%	33 818 348 €+41,2%	23 946 268 €+30,3%	18 382 930 €+33,2%	13 796 508 €
Profit margin	4,0%	4,6%	5,7%	4,8%	4,4%	4,5%	3,0%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	1 614 242 €	1 074 492 €
Liquidity
Current ratio	1,6	1,6
Quick ratio	1,6	1,6
Cash ratio	0,5	0,6
Efficiency
Days sales outstanding (dso)	88,9	67,1
Asset turnover	2,6	3,0
Structure
Debt ratio	0,6	0,6
Profitability
Operating margin	4,7%	4,4%
Net profit margin	4,8%	4,4%
Return on assets (roa)	12,6%	13,2%
Return on equity (roe)	28,8%	26,4%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10158704 / 16	04.03.2025	Entry – Amendment entry	-	Entered into force04.03.2025
Ä 10158704 / 15	23.09.2024	Entry – Amendment entry	-	Entered into force23.09.2024
Ä 10158704 / 14	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
Ä 10158704 / 13	15.11.2022	Entry – Amendment entry	-	Entered into force15.11.2022
Ä 10158704 / 12	06.10.2020	Entry – Amendment entry	-	Entered into force06.10.2020

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

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


23.09.2026	Riigi Info- ja Kommunikatsioonitehnoloogia Keskus	28 572,28 €Received	OPERATING EXPENSESOther general services
23.09.2026	Riigi Info- ja Kommunikatsioonitehnoloogia Keskus	24 020,42 €Received	OPERATING EXPENSESOther general services
23.09.2026	Riigi Info- ja Kommunikatsioonitehnoloogia Keskus	18 700,19 €Received	OPERATING EXPENSESOther general services
17.09.2026	Riigi Info- ja Kommunikatsioonitehnoloogia Keskus	105 036,22 €Received	OPERATING EXPENSESOther general services
17.09.2026	Riigi Info- ja Kommunikatsioonitehnoloogia Keskus	4 233,16 €Received	OPERATING EXPENSESOther general services

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts


02.10.2026End 01.10.2027	Reference number 297375 · Hankelepingute aastane koond _2	Riigi Info- ja Kommunikatsioonitehnoloogia KeskusContracting authority	100 000 €	Concluded
06.07.2026End 05.07.2027	Reference number 306256 · Hankelepingute aastane koond 1	Riigi Info- ja Kommunikatsioonitehnoloogia KeskusContracting authority	2 000 000 €actual 15 547,74 €	Concluded
06.07.2026End 06.07.2030	Reference number 306256 · Raamleping	Riigi Info- ja Kommunikatsioonitehnoloogia KeskusContracting authority	10 000 000 €	Concluded
08.01.2026End 07.01.2027	Reference number 284711 · AWS hankeleping koondina nr 2 Arrow	Riigi Info- ja Kommunikatsioonitehnoloogia KeskusContracting authority	500 000 €actual 656 989,19 €	Concluded
13.12.2025End 12.12.2026	Reference number 281435 · MS Azure hankeleping koondina nr 2 Arrow	Riigi Info- ja Kommunikatsioonitehnoloogia KeskusContracting authority	5 000 000 €actual 599 560,85 €	Concluded

.ee domains

No domains found

Company has no valid .ee domains

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.