Finsteel OÜ

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 12580830
VAT no.VAT no.:: EE101711887
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 09.12.2013 (12 y)
CapitalCapital:: 2 500 EUR
AddressAddress:: A. Puškini tn 52, Narva linn, Ida-Viru maakond, 20609
StatusStatus:: Registered

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Contacts

PhonePhone:: +372 56661186
EmailEmail:: finstel.oy@gmail.com

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Industries

ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES
Employment activities
Temporary employment agency activities and other labour-supply services
Temporary employment agency activities and other labour-supply services
78201 – Temporary employment agency activities
CONSTRUCTION
Specialised construction activities
Other specialised construction activities
Other specialised construction activities n.e.c.
43999 – Other specialised construction activities

VAT liability

VAT no.	Start	End
EE101711887	15.03.2014	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	11.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	29.08.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	03.07.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	12.04.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	20.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	12.07.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	14.05.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	16.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	26.06.2018	Valid	PDF
2016	01.06.2016 – 31.12.2016	04.09.2017	Valid	PDF
2015	01.06.2015 – 31.05.2016	15.08.2016	Valid	PDF
2014	01.06.2014 – 31.05.2015	30.07.2015	Valid	PDF
2014	09.12.2013 – 31.05.2014	06.03.2015	Valid	PDF
2014	09.12.2013 – 31.05.2014	13.10.2014	Expired	PDF
2014	09.12.2013 – 31.05.2014	17.12.2014	Expired	PDF

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No unsubmitted declarations as of 01.10.2026.

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Tax debt1.6k€Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains3 Licenses2 Regulations16 Public transactions16 Grants–State aid5 Public procurement1 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	122 876 €	59 618 €	531 912 €+54,3%	42
2026 Q1	105 304 €	60 628 €	344 722 €−7,6%	37
Total 2026:	228 180 €	120 246 €	876 634 €
2025 Q4	94 529 €	65 761 €	373 095 €+33,6%	41
2025 Q3	92 008 €	48 226 €	279 332 €+16,5%	36
2025 Q2	48 678 €	23 951 €	239 725 €+12,8%	31
2025 Q1	51 120 €	26 356 €	212 612 €+5,9%	28
Total 2025:	286 335 €	164 294 €	1,10 M €
2024 Q4	48 089 €	42 297 €	200 813 €+2,9%	19
2024 Q3	40 373 €	30 841 €	195 185 €−20,1%	23
2024 Q2	65 886 €	45 713 €	244 347 €−15,7%	27
2024 Q1	71 770 €	46 412 €	289 998 €−23,5%	24
Total 2024:	226 118 €	165 263 €	930 343 €
2023 Q4	44 692 €	30 750 €	379 077 €+1,2%	37
2023 Q3	69 406 €	43 182 €	374 414 €−10,5%	33
2023 Q2	84 947 €	49 060 €	418 489 €+16,2%	32
2023 Q1	83 378 €	50 151 €	360 088 €−4,4%	39
Total 2023:	282 423 €	173 143 €	1,53 M €
2022 Q4	80 125 €	49 104 €	376 714 €+32,1%	43
2022 Q3	68 721 €	42 395 €	285 171 €−9,1%	45
2022 Q2	77 301 €	45 882 €	313 584 €+23,1%	42
2022 Q1	71 317 €	44 421 €	254 802 €−7,7%	44
Total 2022:	297 464 €	181 802 €	1,23 M €
2021 Q4	74 256,38 €	44 430,87 €	275 984,77 €+22,8%	44
2021 Q3	54 118,08 €	24 525,21 €	224 660,08 €+35,9%	36
2021 Q2	37 082,11 €	17 125,28 €	165 355,72 €+115%	29
2021 Q1	15 423,28 €	10 201,63 €	77 059 €+35,7%	14
Total 2021:	180 879,85 €	96 282,99 €	743 059,57 €
2020 Q4	14 837,97 €	9 115,48 €	56 793,38 €+12,4%	8
2020 Q3	10 247,55 €	4 446,77 €	50 510,98 €−24,3%	9
2020 Q2	13 483,74 €	5 633,08 €	66 706,13 €−8,7%	7
2020 Q1	18 159 €	9 046 €	73 037 €−6,3%	12
Total 2020:	56 728,26 €	28 241,33 €	247 047,49 €
2019 Q4	20 049 €	9 700 €	77 914 €−39,6%	13
2019 Q3	27 245 €	8 626 €	128 891 €+36,5%	17
2019 Q2	25 898 €	11 021 €	94 455 €+103%	13
2019 Q1	11 140 €	5 373 €	46 579 €−10,0%	12
Total 2019:	84 332 €	34 720 €	347 839 €
2018 Q4	12 383 €	4 515 €	51 767 €−24,9%	7
2018 Q3	17 360 €	6 760 €	68 962 €−17,9%	8
2018 Q2	19 273 €	6 680 €	83 975 €+18,7%	12
2018 Q1	16 463 €	6 190 €	70 772 €−13,6%	11
Total 2018:	65 479 €	24 145 €	275 476 €
2017 Q4	19 220 €	7 896 €	81 941 €−1,5%	10
2017 Q3	21 012 €	9 418 €	83 178 €−16,9%	16
2017 Q2	25 963 €	9 426 €	100 048 €+85,1%	13
2017 Q1	19 091 €	11 079 €	54 062 €+96,4%	14
Total 2017:	85 286 €	37 819 €	319 229 €
2016 Q4	17 214 €	7 552 €	27 532 €−5,5%	18
2016 Q3	14 082 €	7 994 €	29 144 €−20,9%	18
2016 Q2	22 442 €	10 111 €	36 863 €+19,2%	18
2016 Q1	25 713 €	8 480 €	30 914 €−64,0%	18
Total 2016:	79 451 €	34 137 €	124 453 €
2015 Q4	16 873 €	7 333 €	85 843 €−11,3%	21
2015 Q3	34 897 €	8 263 €	96 735 €+27,1%	21
2015 Q2	18 677 €	6 503 €	76 124 €+80,8%	21
2015 Q1	18 153 €	3 597 €	42 104 €	21
Total 2015:	88 600 €	25 696 €	300 806 €

Revenue by industry

	2023	2024	2025
Temporary employment agency activities			1 018 372 €
Other specialised construction activities	1 494 300 €	888 563 €	152 171 €

Tax debts

Type	Amount	Deferred
Interest	108 €	108 €
Value-added tax	1 540,63 €	1 540,63 €
Total	1 648,63 €	1 648,63 €

Representatives

	Personal ID code
Aleksandr Savolainen	38204XXXXXX	04.04.1982 (44)	Board member	01.03.2018	-

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Shareholders

	Personal ID code
Aleksandr Savolainen	38204XXXXXX	04.04.1982 (44)	Shareholder	2 500 EUR	100,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Aleksandr Savolainen	38204XXXXXX	04.04.1982 (44)	Founder	07.12.2013	-

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Ultimate beneficial owners

	Personal ID code
Aleksandr Savolainen	38204XXXXXX	04.04.1982 (44)	Member of higher governing body (board or supervisory board)	05.12.2023	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 531 912 €
Monthly average: 177 304 €
Per employee: 4 222 €
Equity ratio: 7 092,16%

Labour taxes

Turnover ratio: 11,21%
Tax ratio: 48,52%
Monthly average: 19 873 €
Per employee: 503 €

State taxes

Monthly average: 40 959 €
Turnover ratio: 23,10%

Estimated salary

Gross salary: 1 050 €
Net salary: 943 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	159 169 €+274%	42 569 €−56,6%	98 117 €−46,2%	182 244 €+22,2%	149 111 €+133%	64 022 €+19,2%	53 697 €
Non-current assets	26 750 €−5,9%	28 427 €−52,1%	59 403 €+31,5%	45 187 €+846%	4 775 €−26,6%	6 505 €+133%	2 786 €
Total assets	185 919 €+162%	70 996 €−54,9%	157 520 €−30,7%	227 431 €+47,8%	153 886 €+118%	70 527 €+24,9%	56 483 €
Short-term liabilities	149 588 €+156%	58 544 €−41,0%	99 259 €+21,4%	81 749 €+14,3%	71 516 €+305%	17 680 €+130%	7 695 €
Long-term liabilities	-	-	16 948 €−34,0%	25 688 €	-	-	-
Total liabilities	149 588 €+156%	58 544 €−49,6%	116 207 €+8,2%	107 437 €+50,2%	71 516 €+305%	17 680 €+130%	7 695 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	9 952 €−74,4%	38 813 €−67,0%	117 494 €+47,1%	79 870 €+51,1%	52 847 €+8,3%	48 788 €+71,8%	28 406 €
Net profit	23 879 €+183%	-28 861 €+63,3%	-78 681 €−309%	37 624 €+39,2%	27 023 €+1 633%	1 559 €−91,3%	17 882 €
Equity	36 331 €+192%	12 452 €−69,9%	41 313 €−65,6%	119 994 €+45,7%	82 370 €+55,9%	52 847 €+8,3%	48 788 €
Turnover	1 170 543 €+31,7%	888 563 €−40,5%	1 494 300 €+17,7%	1 269 664 €+57,3%	806 966 €+265%	221 127 €−38,1%	357 514 €
Profit margin	2,0%	-3,2%	-5,3%	3,0%	3,3%	0,7%	5,0%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	46 630 €	28 753 €
Liquidity
Current ratio	2,2	2,1
Quick ratio	2,2	2,1
Cash ratio	0,3	0,4
Efficiency
Days sales outstanding (dso)	39,7	39,7
Asset turnover	6,7	7,2
Structure
Debt ratio	0,5	0,5
Profitability
Operating margin	3,0%	3,3%
Net profit margin	3,0%	3,3%
Return on assets (roa)	19,7%	24,1%
Return on equity (roe)	31,4%	32,8%

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Licences & notices


Notice of economic activity	STR001010	Labour market	Valid	08.09.2019	-
Notice of economic activity	STT000539	Labour market	Valid	08.09.2019	-

Regulations


Ä 40036692 / 14	06.12.2023	Entry – Amendment entry under NSPA § 595¹ (1)	-	Entered into force06.12.2023
Ä 40036692 / 13	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
Ä 40036692 / 12	12.07.2021	Entry – Amendment entry	-	Entered into force12.07.2021
Ä 40036692 / 11	21.01.2019	Entry – Amendment entry	-	Entered into force21.01.2019
Ä 40036692 / 10	06.04.2018	Entry – Amendment entry	-	Entered into force06.04.2018

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


14.05.2026	Eesti Töötukassa	521,16 €Received	OTHER GRANTSSocial protection of the unemployed
14.04.2026	Eesti Töötukassa	521,16 €Received	OTHER GRANTSSocial protection of the unemployed
16.03.2026	Eesti Töötukassa	846,89 €Received	OTHER GRANTSSocial protection of the unemployed
13.02.2026	Eesti Töötukassa	846,89 €Received	OTHER GRANTSSocial protection of the unemployed
14.01.2026	Eesti Töötukassa	846,89 €Received	OTHER GRANTSSocial protection of the unemployed

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


08.09.2025	Eesti TöötukassaAid measure 231580	Palgatoetus VTA › Palgatoetus VTAGrant	5 354,99 €	231580/2603356
28.03.2023	Eesti TöötukassaAid measure 20985	Koolitus VTA › Koolitus VTAGrant	10 976 €	20985/2301138
23.08.2022	Eesti TöötukassaAid measure 20985	Koolitus VTA › Koolitus VTAGrant	9 600 €	20985/2202730
20.04.2022	Eesti TöötukassaAid measure 20985	Koolitus VTA › Koolitus VTAGrant	6 501,12 €	20985/2201446
07.12.2021	Eesti TöötukassaAid measure 20985	Palgatoetus VTA › Palgatoetus VTAGrant	3 600 €	20985/2201905

Public procurement contracts


24.04.2026End 24.04.2029	Tööjõu rentReference number 305191 · Tööjõu rendi raamleping_305191_Finsteel OÜ	Enefit Power OÜContracting authority	0,16 €	Concluded

.ee domains


asmgrupp.ee	Active	20.09.2026	21.09.2027
asmkinnisvarahooldus.ee	Active	03.11.2022	04.11.2026
finsteel.ee	Active	16.07.2020	17.07.2027

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.