AS Connecto InfraRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 17 389 043 € | 153 | 1 461 519 € |
| Q2 2026 | 31 776 540 € | 157 | 1 067 349 € |
| Q1 2026 | 21 780 530 € | 152 | 2 064 741 € |
| Q4 2025 | 45 820 046 € | 153 | 935 869 € |
| Q3 2025 | 33 332 670 € | 153 | 1 207 149 € |
| Q2 2025 | 24 700 301 € | 154 | 1 251 754 € |
| Q1 2025 | 32 862 706 € | 156 | 3 348 075 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 11 748 000 € (75% of distributable profit).
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 14 432 000 | 13 499 000 | 21 051 000 | 24 057 000 | 51 540 000 | 59 507 000 | 59 604 000 |
| Total non-current assets | 2 093 000 | 1 903 000 | 2 932 000 | 3 108 000 | 3 251 000 | 4 611 000 | 3 114 000 |
| Total assets | 16 525 000 | 15 402 000 | 23 983 000 | 27 165 000 | 54 791 000 | 64 118 000 | 62 718 000 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 7 932 000 | 6 121 000 | 13 957 000 | 13 703 000 | 32 073 000 | 46 491 000 | 39 148 000 |
| Non-current liabilities | 582 000 | 251 000 | 527 000 | 752 000 | 990 000 | 893 000 | 329 000 |
| Total liabilities | 8 514 000 | 6 372 000 | 14 484 000 | 14 455 000 | 33 063 000 | 47 384 000 | 39 477 000 |
| Share capital | 959 000 | 959 000 | 959 000 | 959 000 | 959 000 | 959 000 | 959 000 |
| Retained earnings of previous periods | 4 443 000 | 5 555 000 | 5 784 000 | 6 844 000 | 9 255 000 | 73 000 | 3 931 000 |
| Profit for the year | 2 513 000 | 2 420 000 | 2 660 000 | 4 811 000 | 11 418 000 | 15 606 000 | 18 255 000 |
| Reserves and other equity | 96 000 | 96 000 | 96 000 | 96 000 | 96 000 | 96 000 | 96 000 |
| Total equity | 8 011 000 | 9 030 000 | 9 499 000 | 12 710 000 | 21 728 000 | 16 734 000 | 23 241 000 |
| Income statement | |||||||
| Sales revenue | 40 047 000 | 36 391 000 | 49 144 000 | 89 673 000 | 104 940 000 | 131 563 000 | 119 376 000 |
| Operating profit | 2 575 000 | 2 443 000 | 3 237 000 | 5 170 000 | 11 855 000 | 19 475 000 | 18 522 000 |
| EBITDA | 3 117 000 | 3 132 000 | 4 326 000 | 6 522 000 | 12 966 000 | 20 540 000 | 18 892 000 |
| Profit before income tax | 2 534 000 | 2 420 000 | 3 218 000 | 5 146 000 | 11 906 000 | 20 575 000 | 20 469 000 |
| Profit for the reporting year | 2 513 000 | 2 420 000 | 2 660 000 | 4 811 000 | 11 418 000 | 15 606 000 | 18 255 000 |
| Labour costs | 8 438 000 | 8 670 000 | 11 543 000 | 14 665 000 | 21 070 000 | 22 219 000 | 13 358 000 |
| Depreciation of non-current assets | 542 000 | 689 000 | 1 089 000 | 1 352 000 | 1 111 000 | 1 065 000 | 370 000 |
| Other indicators | |||||||
| Employees | 283 | 293 | 309 | 353 | 368 | 375 | 153 |
| Calculated dividend | — | 1 401 000 | 2 191 000 | 1 600 000 | 2 400 000 | 20 600 000 | 11 748 000 |
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.
Connections graph
Click a node to see its other connections.
Public procurement
194 contractsPublic contracts won worth 184 606 367 € from 12 contracting authorities (04.10.2023–25.09.2026). Plus 3 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Tõstamaa-Varbla 35 kV õhuliini rekonstrueerimine - eelprojekti koostamine (TC0992) | Elektrilevi OÜ | 116 191 € | 25.09.2026 |
| L086 Kiisa – Harku rekonstrueerimise põhiprojekt | Elering AS | 78 968 € | 08.09.2026 |
| Mobiilne LNG aurustamise seade (MLNGV) koos vajalike lisadega II | Elering AS | 1 823 265 € | 11.08.2026 |
| Muuga sadamas 110 kV õhuliini isolaatorite vahetus | aktsiaselts TALLINNA SADAM | 83 321 € | 01.07.2026 |
| Elektrilevi OÜ liitumine Soo ja Võru alajaamades | Elering AS | 1 962 115 € | 17.06.2026 |
| Turvesüsteemide ja perimeetrite uuendamine | Elering AS | up to 20 000 000 € | 20.05.2026 |
| 110kV kaitsereleede ja standardkonfiguratsioonide ostmine · 110kV kaitsereleede ja standardkonfiguratsioonide ostmine - osa 3 | Elering AS | 118 600 € | 15.05.2026 |
| 110kV kaitsereleede ja standardkonfiguratsioonide ostmine · 110kV kaitsereleede ja standardkonfiguratsioonide ostmine - osa 2 | Elering AS | 119 700 € | 15.05.2026 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: AS Connecto Infra
Overview
AS Connecto Infra (registry code 10722319) is a public limited company (AS). The company was entered in the Commercial Register in 2001 and has been registered for 25 years. Registered location: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is construction of utility projects for electricity and telecommunications (EMTAK 42221). The company is registered for VAT (VAT number EE100667411).
Financial results
Revenue in financial year 2025 was 119 376 000 €, down 9,3% on the previous year (131 563 000 €). From 2019 to 2025, revenue grew by an average of 20,0% per year. Net profit for financial year 2025 was 18 255 000 € (15,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 153 employees (375 a year earlier). Revenue per employee was 780 235 €. At the end of financial year 2025, total assets were 62 718 000 € and equity 23 241 000 € (37,1% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 17 389 043 €, down 47,8% on the same quarter a year earlier. The company had 153 employees in that quarter. Labour taxes paid in the quarter: 1 461 519 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 5640 € per month.
Management and owners
The management board has 2 members. The supervisory board has 3 members. The sole owner of the company is OÜ CONNECTO VARAD.
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 30.06.2026. 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.