Elevi AS
RegisteredKey figures
Ratios
2024Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Elevi AS
What kind of company is it?
Elevi AS (registry code 12349570) 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. According to the latest annual report, the main activity is wired, wireless and satellite telecommunication activities (EMTAK 61101). The company is registered for VAT (VAT number EE101579799).
How is the company doing financially?
Revenue in financial year 2024 was 710 537 €, up 1,0% on the previous year (703 769 €). From 2019 to 2024, revenue declined by an average of 7,3% per year. Net profit for financial year 2024 was 101 379 € (14,3% of revenue). The company was profitable in all 6 published financial years. In financial year 2024 the company had 8 employees. Revenue per employee was 88 817 €. At the end of financial year 2024, total assets were 2 703 088 € and equity 2 019 334 € (74,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 311 406 €, up 61,4% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 17 920 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1910 € per month.
Who runs the company and who owns it?
The company has one management board member. The supervisory board has 3 members.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 05.10.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 311 406 € | 6 | 17 920 € |
| Q2 2026 | 298 367 € | 6 | 17 947 € |
| Q1 2026 | 242 015 € | 6 | 19 433 € |
| Q4 2025 | 235 888 € | 6 | 18 676 € |
| Q3 2025 | 192 888 € | 6 | 15 973 € |
| Q2 2025 | 186 347 € | 6 | 15 777 € |
| Q1 2025 | 200 592 € | 6 | 15 165 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 940 142 | 1 019 742 | 623 045 | 703 769 | 710 537 |
| Net profit | 340 426 | 375 162 | 111 979 | 87 443 | 101 379 |
| Retained earnings | 962 445 | 1 298 821 | 1 673 983 | 1 785 962 | 1 873 405 |
| Total assets | 2 305 136 | 2 736 148 | 2 808 550 | 2 755 801 | 2 703 088 |
| Total liabilities | 961 765 | 1 017 615 | 978 038 | 837 846 | 683 754 |
| Total equity | 1 343 371 | 1 718 533 | 1 830 512 | 1 917 955 | 2 019 334 |
| Employees | 8 | 8 | 8 | 8 | 8 |
| Average gross salary (monthly) | 918 | 950 | 981 | 1128 | 1155 |
| Calculated dividend | 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 obligations1 issue1 note2 for information4 clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 6060 € (2023). Largest grantors: Eesti Töötukassa (6060 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 6060 € | 22.02.2023 |
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
1 change- 09.11.2026*Annual report 2024 filed
Entered in the register on 21.09.2012.
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).
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.