Change Group AS

Registered
14585955Public limited company (AS)Founded 2018
Qualified audit opinion. 2024 report: Qualified.

Key figures

703 138 €+33,9%
Revenue 2025
0200 k400 k600 k800 k2018/19202020212022202320242025

Ratios

Summary: Change Group AS

What kind of company is it?

Change Group AS (registry code 14585955) is a public limited company (AS). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is activities of holding companies (EMTAK 64211). The company is registered for VAT (VAT number EE102510207).

How is the company doing financially?

Revenue in financial year 2025 was 703 138 €, up 33,9% on the previous year (525 077 €). This is the company's highest revenue among the published years (2018/19–2025). Financial year 2024 ended with a loss of 1 652 374 €. The company made a loss in all 4 published financial years. In financial year 2025 the company had 3 employees (15 a year earlier). Revenue per employee was 234 379 €. At the end of financial year 2024, total assets were 5 055 037 € and equity 2 975 833 € (58,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 133 921 €, down 54,3% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 28 819 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 5670 € 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. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026133 921 €328 819 €
Q2 2026186 392 €327 418 €
Q1 2026224 741 €329 273 €
Q4 2025346 041 €337 974 €
Q3 2025292 964 €345 532 €
Q2 2025265 723 €5100 356 €
Q1 2025315 730 €7116 398 €

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 †202320242025
Sales revenue080 000100 967525 077703 138
Net profit—−1 717 356−1 379 347−1 652 374—
Retained earnings—−1 226 229−945 861−194 416—
Total assets73 804 2154 366 5904 677 1855 055 0375 071 782
Total liabilities—2 537 5942 229 0282 079 204—
Total equity—1 828 9962 448 1572 975 833—
Employees477153
Calculated dividend———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 obligations1 note7 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
Filed late: 2023, 2024
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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42,32%26,1%Change Group ASAndromeda Capital Par…2Antonios DesyprisMatthijs Harm Bloemink1Märt ParkerIngmar Mattus7Aare-Laidar LaosChariton Christou9+Jaanus Põder4Mihkel Kolk
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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