AS Eesti Ettevõtluskõrgkool MainorRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 83 975 € | 88 | 278 325 € |
| Q2 2026 | 50 051 € | 64 | 270 140 € |
| Q1 2026 | 123 872 € | 94 | 247 725 € |
| Q4 2025 | 142 270 € | 86 | 242 685 € |
| Q3 2025 | 107 670 € | 91 | 281 694 € |
| Q2 2025 | 118 970 € | 67 | 263 451 € |
| Q1 2025 | 103 739 € | 102 | 248 259 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 1 027 561 | 2 015 479 | 2 856 349 | 2 623 451 | 2 291 054 | 2 496 233 | 2 742 643 |
| Total non-current assets | 2 180 200 | 1 591 870 | 1 304 779 | 1 134 340 | 1 056 146 | 926 325 | 794 240 |
| Total assets | 3 207 761 | 3 607 349 | 4 161 128 | 3 757 791 | 3 347 200 | 3 422 558 | 3 536 883 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 1 181 023 | 2 201 311 | 1 476 818 | 1 495 288 | 2 246 485 | 2 455 775 | 2 564 997 |
| Non-current liabilities | 1 139 813 | 0 | 1 090 710 | 911 520 | 0 | — | — |
| Total liabilities | 2 320 836 | 2 201 311 | 2 567 528 | 2 406 808 | 2 246 485 | 2 455 775 | 2 564 997 |
| Share capital | 618 552 | 618 552 | 618 552 | 618 552 | 618 552 | 618 552 | 618 552 |
| Retained earnings of previous periods | −210 100 | −40 748 | 478 365 | 665 927 | 423 310 | 173 042 | 39 110 |
| Profit for the year | 169 352 | 519 113 | 187 562 | −242 617 | −250 268 | −133 932 | 5103 |
| Reserves and other equity | 309 121 | 309 121 | 309 121 | 309 121 | 309 121 | 309 121 | 309 121 |
| Total equity | 886 925 | 1 406 038 | 1 593 600 | 1 350 983 | 1 100 715 | 966 783 | 971 886 |
| Income statement | |||||||
| Sales revenue | 4 250 881 | 4 873 870 | 4 866 583 | 4 480 768 | 4 352 014 | 4 578 541 | 4 520 401 |
| Operating profit | 169 049 | 515 880 | 183 886 | −235 363 | −208 437 | −95 581 | 31 053 |
| EBITDA | 403 068 | 781 660 | 423 438 | −25 211 | −27 184 | 42 076 | 140 774 |
| Profit before income tax | 169 352 | 519 113 | 187 562 | −242 617 | −250 268 | −133 932 | 5103 |
| Profit for the reporting year | 169 352 | 519 113 | 187 562 | −242 617 | −250 268 | −133 932 | 5103 |
| Labour costs | 1 960 171 | 2 170 187 | 2 266 086 | 2 227 022 | 2 363 853 | 2 378 287 | 2 422 549 |
| Depreciation of non-current assets | 234 019 | 265 780 | 239 552 | 210 152 | 181 253 | 137 657 | 109 721 |
| Other indicators | |||||||
| Employees | 54 | 57 | 59 | 59 | 54 | 58 | 51 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 |
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
Data from public registers, not a credit rating.
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Public procurement
3 contractsPublic contracts won worth 630 957 € from 3 contracting authorities (21.08.2023–27.03.2024). Plus 1 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Digiturunduse oskuste arenguprogramm | Eesti Töötukassa | 30 957 € | 27.03.2024 |
| Mõju- ja teostatavus-tasuvusanalüüside teostamise partnerite leidmine · joint bid | Sihtasutus Tallinna Teaduspark TEHNOPOL | up to 400 000 € | 13.03.2024 |
| Raamleping õppeinfosüsteemi arendamiseks | Eesti Muusika- ja Teatriakadeemia | 600 000 € | 21.08.2023 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: AS Eesti Ettevõtluskõrgkool Mainor
Overview
AS Eesti Ettevõtluskõrgkool Mainor (registry code 10588537) is a public limited company (AS). The company was entered in the Commercial Register in 1999 and has been registered for 26 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is rakenduskõrgkoolid (EMTAK 85401). The company is registered for VAT (VAT number EE100568963).
Financial results
Revenue in financial year 2025 was 4 520 401 €, down 1,3% on the previous year (4 578 541 €). From 2019 to 2025, revenue grew by an average of 1,0% per year. Net profit for financial year 2025 was 5103 € (0,1% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 51 employees (58 a year earlier). Revenue per employee was 88 635 €. At the end of financial year 2025, total assets were 3 536 883 € and equity 971 886 € (27,5% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 83 975 €, down 22,0% on the same quarter a year earlier. The company had 88 employees in that quarter. Labour taxes paid in the quarter: 278 325 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2010 € per month.
Management and owners
The management board has 2 members. The supervisory board has 4 members. The sole owner of the company is MAINOR AS.
Data sources and freshness
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 24.06.2026. 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.