Azolver Eesti OÜ

Legal form:: Private limited company
Registry code:: 14719999
VAT no.:: EE102170139
Fiscal-year period:: 01.01 - 31.12
Established:: 08.05.2019 (7 y)
Capital:: 10 000 EUR
Address:: Maakri tn 23a, Kesklinna linnaosa, Tallinn, Harju maakond, 10145
Status:: Registered

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Contacts

Email:: tallinn.office@azolver.com

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Industries

PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
Legal activities and accounting
Accounting, bookkeeping, auditing and tax consultancy
69202 – Accounting and tax consultancy
ELECTRONIC COMMUNICATIONS SERVICES, PROGRAMMING, CONSULTANCY, DATA-INFRASTRUCTURE AND OTHER INFORMATION ACTIVITIES
Computer programming, consultancy and related activities
62101 – Programming

Industry TOPNo. 7 of 2599 companies

1.Konecranes Osaühing19.6M €
2.Perfovant OÜ17.6M €
3.Xolo OÜ12.3M €
4.Finnair Business Services OÜ9.7M €
5.Grow Finance OÜ4M €
6.Ramirent Shared Services AS4M €
7.Azolver Eesti OÜ3.9M €
8.Orkla Accounting Centre OÜ3.7M €
9.Osaühing LEINONEN3.4M €
10.Numeri OÜ3.2M €

Main activity 69202 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE102170139	02.07.2019	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	19.03.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	03.07.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	27.09.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	26.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	24.05.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	08.04.2021	Valid	PDF
2019	08.05.2019 – 31.12.2019	01.10.2020	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 26.10.2026.

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Tax debt Reports Declarations Court decisions2 Official announcements–TTJA decisions–Real estate–.ee domains–Licenses–Regulations27 Public transactions7 Grants–State aid1 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	193 024 €	203 013 €	945 725 €−13,4%	36
2026 Q2	189 818 €	200 299 €	1,09 M €+22,8%	37
2026 Q1	262 805 €	278 135 €	889 211 €−9,9%	37
Total 2026:	645 647 €	681 447 €	2,93 M €
2025 Q4	246 301 €	259 734 €	986 973 €+15,7%	42
2025 Q3	240 519 €	251 914 €	852 932 €−22,4%	44
2025 Q2	253 200 €	268 078 €	1,10 M €+8,4%	44
2025 Q1	259 919 €	275 502 €	1,01 M €−10,7%	45
Total 2025:	999 939 €	1,06 M €	3,95 M €
2024 Q4	236 707 €	247 613 €	1,14 M €+8,3%	45
2024 Q3	251 605 €	264 250 €	1,05 M €−28,7%	48
2024 Q2	252 836 €	267 160 €	1,47 M €+316%	51
2024 Q1	313 870 €	332 360 €	353 556 €−75,8%	51
Total 2024:	1,06 M €	1,11 M €	4,01 M €
2023 Q4	294 258 €	304 140 €	1,46 M €−0,6%	55
2023 Q3	303 415 €	318 463 €	1,47 M €+1,8%	60
2023 Q2	301 278 €	316 752 €	1,45 M €+17,1%	63
2023 Q1	315 655 €	330 050 €	1,23 M €+2,6%	64
Total 2023:	1,21 M €	1,27 M €	5,61 M €
2022 Q4	288 922 €	298 982 €	1,20 M €+12,8%	64
2022 Q3	252 910 €	266 922 €	1,07 M €+0,5%	63
2022 Q2	266 324 €	281 042 €	1,06 M €+18,8%	68
2022 Q1	286 300 €	302 541 €	892 871 €+1,3%	60
Total 2022:	1,09 M €	1,15 M €	4,22 M €
2021 Q4	218 698,19 €	227 262,17 €	881 295,80 €+5,4%	54
2021 Q3	203 899,82 €	215 848,21 €	835 817,58 €+1,8%	55
2021 Q2	180 036,25 €	190 520,87 €	821 139,83 €+8,9%	53
2021 Q1	199 346,13 €	210 548,79 €	753 862,75 €+15,8%	45
Total 2021:	801 980,39 €	844 180,04 €	3,29 M €
2020 Q4	181 559,43 €	190 456,62 €	650 918,72 €+4,8%	39
2020 Q3	160 632,89 €	169 988,62 €	621 126,20 €−12,8%	43
2020 Q2	109 854,18 €	116 699,55 €	712 470,13 €+94,8%	32
2020 Q1	81 609 €	85 802 €	365 754 €+37,8%	22
Total 2020:	533 655,50 €	562 946,79 €	2,35 M €
2019 Q4	74 266 €	78 124 €	265 457 €−26,1%	13
2019 Q3	39 608 €	41 757 €	359 006 €	13
2019 Q2	0 €	0 €	0 €	9
Total 2019:	113 874 €	119 881 €	624 463 €

Revenue by industry

	2023	2024	2025
Accounting and tax consultancy	4 071 783 €	3 040 256 €	2 505 646 €
Programming	351 779 €	345 518 €	531 593 €

Tax debts

No tax debt found

No tax debt as of 26.10.2026

Representatives

	Personal ID code
Friedrich Georg Monrad Alexander Conzen	37508XXXXXX	08.08.1975 (51)	Board member	02.07.2025	-
Ly Nahko	48109XXXXXX	13.09.1981 (45)	Procurator	03.04.2025	-
Britta Burket	48008XXXXXX	08.08.1980 (46)	Procurator	27.12.2024	-

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Shareholders

	Personal ID code
Francotyp-Postalia Holding AG	-	-	Shareholder	10 000 EUR	100,00%	Sole ownership	17.12.2025	-

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Other persons

	Personal ID code
Advokaadibüroo TEGOS AS	10288628	01.10.1997 (29)	Founder	08.05.2019	-

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Ultimate beneficial owners

	Personal ID code
Friedrich Georg Monrad Alexander Conzen	37508XXXXXX	08.08.1975 (51)	Member of higher governing body (board or supervisory board)	20.05.2025	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 945 725 €
Monthly average: 315 242 €
Per employee: 8 757 €
Equity ratio: 3 152,42%

Labour taxes

Turnover ratio: 21,47%
Tax ratio: 105,18%
Monthly average: 67 671 €
Per employee: 1 854 €

State taxes

Monthly average: 64 341 €
Turnover ratio: 20,41%

Estimated salary

Gross salary: 3 355 €
Net salary: 2 677 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	837 647 €+10,0%	761 783 €−16,4%	910 875 €+28,4%	709 360 €+18,9%	596 517 €+85,9%	320 819 €−1,9%	326 943 €
Non-current assets	45 313 €−19,4%	56 249 €−28,3%	78 445 €−4,4%	82 027 €+54,8%	53 001 €−2,5%	54 385 €+64,9%	32 971 €
Total assets	882 960 €+7,9%	818 032 €−17,3%	989 320 €+25,0%	791 387 €+21,8%	649 518 €+73,1%	375 204 €+4,2%	359 914 €
Short-term liabilities	287 196 €−1,7%	292 288 €−54,5%	642 751 €+2,8%	625 086 €+36,6%	457 712 €+81,6%	252 051 €−14,6%	295 181 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	287 196 €−1,7%	292 288 €−54,5%	642 751 €+2,8%	625 086 €+36,6%	457 712 €+81,6%	252 051 €−14,6%	295 181 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	513 243 €+53,6%	334 069 €+117%	153 800 €+142%	63 569 €−47,3%	120 653 €+93,9%	62 233 €+2 389%	2 500 €
Net profit	70 021 €−60,9%	179 175 €−0,6%	180 269 €+94,4%	92 732 €+51,6%	61 153 €+4,7%	58 420 €−6,1%	62 233 €
Equity	595 764 €+13,3%	525 744 €+51,7%	346 569 €+108%	166 301 €−13,3%	191 806 €+55,7%	123 153 €+90,2%	64 733 €
Turnover	3 037 239 €−10,3%	3 385 775 €−23,5%	4 423 562 €+12,2%	3 943 104 €+31,8%	2 991 696 €+45,1%	2 061 993 €+151%	820 319 €
Profit margin	2,3%	5,3%	4,1%	2,4%	2,0%	2,8%	7,6%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	122 194 €	83 248 €
Liquidity
Current ratio	1,1	1,3
Quick ratio	1,1	1,3
Cash ratio	0,2	0,4
Efficiency
Days sales outstanding (dso)	44,7	40,0
Asset turnover	5,5	5,8
Structure
Debt ratio	0,8	0,7
Profitability
Operating margin	2,4%	2,1%
Net profit margin	2,4%	2,0%
Return on assets (roa)	12,9%	11,9%
Return on equity (roe)	55,8%	31,9%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50119231 / 16	02.07.2025	Entry – Amendment entry	-	Entered into force02.07.2025
Ä 50119231 / 15	21.05.2025	Entry – Amendment entry under NSPA § 595¹ (1)	-	Entered into force21.05.2025
Ä 50119231 / 14	03.04.2025	Entry – Amendment entry	-	Entered into force03.04.2025
Ä 50119231 / 13	27.12.2024	Entry – Amendment entry	-	Entered into force27.12.2024
Ä 50119231 / M11	27.09.2024	Order to remedy annual-report deficiencies	27.10.2024	Deficiencies remedied04.10.2024

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


2-26-10331/10	Kohtu I astme menetlus	Court ruling	Labour law	Helvia Räägel	ECLI:EE:HMK:2026:2.26.10331.13822	02.09.2026	Open
2-22-11546/8	Kohtu I astme menetlus	Court ruling	Labour law	Gerty Pau	ECLI:EE:TMK:2022:2.22.11546.19254	07.11.2022	Open

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


11.12.2025	Rakvere Ametikool	925 €Received	OPERATING EXPENSESVocational education
02.12.2021	Eesti Töötukassa	208,80 €Received	OTHER GRANTSSocial protection of the unemployed
22.11.2021	Eesti Töötukassa	9 088 €Received	OPERATING EXPENSESSocial protection of the unemployed
09.11.2021	Eesti Töötukassa	278,40 €Received	OTHER GRANTSSocial protection of the unemployed
08.10.2021	Eesti Töötukassa	389,76 €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


22.07.2021	Eesti TöötukassaAid measure 20985	Koolitus VTA › Koolitus VTAGrant	9 088 €	20985/2101976

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains

No domains found

Company has no valid .ee domains

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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.