AS Finora Group
RegisteredKey figures
Ratios
2025Summary: AS Finora Group
What kind of company is it?
AS Finora Group (registry code 12324050) is a public limited company (AS). The company was entered in the Commercial Register in 2012 and has been registered for 14 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. The company is registered for VAT (VAT number EE101723684).
How is the company doing financially?
Revenue in financial year 2022 was 995 609 €, up 26,2% on the previous year (788 729 €). From 2019 to 2022, revenue grew by an average of 9,1% per year. This is the company's highest revenue among the published years (2019–2022). Net profit for financial year 2025 was 2 105 263 €. The company was profitable in 2 of the 5 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 21 302 170 € and equity 16 295 513 € (76,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 5637 €, down 46,8% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 6454 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3880 € per month.
Who runs the company and who owns it?
The management board has 3 members. The supervisory board has 5 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. Latest register change: 20.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 06.05.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (485100FX50949IOAEH74) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 5637 € | 1 | 6454 € |
| Q2 2026 | 5563 € | 1 | 6454 € |
| Q1 2026 | 241 797 € | 1 | 6970 € |
| Q4 2025 | 10 842 € | 1 | 6835 € |
| Q3 2025 | 10 589 € | 1 | 7716 € |
| Q2 2025 | 26 506 € | 1 | 7716 € |
| Q1 2025 | 50 110 € | 1 | 7619 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 † | 2022 † | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 788 729 | 995 609 | — | — | — |
| Net profit | — | — | −953 907 | 1 500 432 | 2 105 263 |
| Retained earnings | — | — | −2 568 720 | −3 522 626 | −2 022 194 |
| Total assets | 11 506 335 | 12 423 506 | 10 613 310 | 17 256 152 | 21 302 170 |
| Total liabilities | — | — | — | 8 610 828 | — |
| Total equity | — | — | 4 564 949 | 8 645 324 | 16 295 513 |
| Employees | 10 | 4 | 4 | 0 | 0 |
| Calculated dividend | — | — | — | 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. † Figures for the marked years come from a report filed as PDF and may be incomplete.
Risks and obligationsAll clear1 for information
Data from public registers, not a credit rating.
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State aid and grants
5 recordsState aid and de minimis aid in total 4885 € (2012–2023). Largest grantors: Eesti Töötukassa (3972 €), Ettevõtluse ja Innovatsiooni Sihtasutus (551 €), Tallinna Strateegiakeskus (361 €).
Show all aid records (5)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 3972 € | 21.02.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 132 € | 05.05.2016 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 97 € | 29.04.2016 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 322 € | 18.03.2016 |
| Tallinna Strateegiakeskus | Muu | 361 € | 03.07.2012 |
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 ↗
Change history
7 changes- 09.11.2026*Added: Management board member Šarūnas Gerasimavičius
- 09.11.2026*Added: Management board member Simonas Skaržauskas
- 09.11.2026*Added: Management board member Mangirdas Kireilis
- 09.11.2026*Left: Management board member
- 09.11.2026*Left: Management board member
- 20.10.2026Registry entry changed
- 23.09.2026Registry entry changed
Entered in the register on 06.08.2012.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).