Aktsiaselts "FAETON"

Registered
10084877Public limited company (AS)Founded 1996

Key figures

677 220 €+9,6%
Revenue 2025
+0,6%
Average annual growth 2019–2025
0250 k500 k750 k1 m2019202020212022202320242025

Ratios

2025

Summary: Aktsiaselts "FAETON"

What kind of company is it?

Aktsiaselts "FAETON" (registry code 10084877) is a public limited company (AS). The company was entered in the Commercial Register in 1996 and has been registered for 30 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is machining of metal (EMTAK 25531). The company is registered for VAT (VAT number EE100013227).

How is the company doing financially?

Revenue in financial year 2025 was 677 220 €, up 9,6% on the previous year (617 690 €). From 2019 to 2025, revenue grew by an average of 0,6% per year. Financial year 2025 ended with a loss of 15 542 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 16 employees (17 a year earlier). Revenue per employee was 42 326 €. At the end of financial year 2025, total assets were 503 231 € and equity 425 032 € (84,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 223 407 €, up 42,9% on the same quarter a year earlier. The company had 17 employees in that quarter. Labour taxes paid in the quarter: 43 622 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1670 € per month.

Who runs the company and who owns it?

The company has one management board member. The supervisory board has 3 members.

Where does the data come from and how fresh is it?

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 26.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026223 407 €1743 622 €
Q2 2026219 391 €1741 416 €
Q1 2026184 396 €1740 105 €
Q4 2025216 491 €1743 976 €
Q3 2025156 330 €1640 733 €
Q2 2025170 890 €1741 432 €
Q1 2025188 346 €1840 703 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20230 €
202220 350 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue814 509918 967674 138617 690677 220
Net profit70 28250 729−35 373−66 689−15 542
Retained earnings412 128462 060512 789477 416410 727
Total assets604 558621 826576 609503 286503 231
Total liabilities92 30179 19069 34662 71278 199
Total equity512 257542 636507 263440 574425 032
Employees2121181716
Average gross salary (monthly)11681257135514291605
Calculated dividend020 350000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligationsAll clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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10,07%22,11%22,11%22,11%16,22%Aktsiaselts "FAETON"3Urmas HelenurmAin SöötJaak LembraRaimond HärsingSAIMA NUKKA
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 8146 € (2016–2019). Largest grantors: Tartu Linnavalitsus (5000 €), Eesti Töötukassa (3146 €).

Show all aid records (2)
20195000 €
20163146 €
GrantorPurposeAmountDate
Tartu LinnavalitsusMuu5000 €05.11.2019
Eesti TöötukassaPalgatoetus VTA3146 €05.02.2016

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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