AS Connecto EestiRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 8 456 686 € | 255 | 1 132 843 € |
| Q2 2026 | 7 578 937 € | 261 | 1 079 199 € |
| Q1 2026 | 8 100 721 € | 244 | 1 403 065 € |
| Q4 2025 | 7 755 414 € | 239 | 1 017 161 € |
| Q3 2025 | 6 333 249 € | 230 | 1 006 581 € |
| Q2 2025 | 6 700 238 € | 229 | 894 972 € |
| Q1 2025 | 1 999 193 € | 216 | 347 038 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2024–2025
| 2024 | 2025 | |
|---|---|---|
| Balance sheet — assets | ||
| Total current assets | 48 975 | 8 636 000 |
| Total non-current assets | — | 2 600 000 |
| Total assets | 48 975 | 11 236 000 |
| Balance sheet — liabilities and equity | ||
| Current liabilities | 39 000 | 7 893 000 |
| Non-current liabilities | — | 904 000 |
| Total liabilities | 39 000 | 8 797 000 |
| Share capital | 10 000 | 50 000 |
| Retained earnings of previous periods | — | 1 697 000 |
| Profit for the year | −25 | 692 000 |
| Total equity | 9975 | 2 439 000 |
| Income statement | ||
| Sales revenue | 0 | 29 310 000 |
| Operating profit | −25 | 787 000 |
| EBITDA | — | 1 702 000 |
| Profit before income tax | −25 | 692 000 |
| Profit for the reporting year | −25 | 692 000 |
| Labour costs | 0 | 10 271 000 |
| Depreciation of non-current assets | — | 915 000 |
| Other indicators | ||
| Employees | 0 | 229 |
| 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.
Risks and obligations1 note5 clear
Data from public registers, not a credit rating.
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Public procurement
130 contractsPublic contracts won worth 23 471 081 € from 13 contracting authorities (21.02.2025–13.10.2026). Plus 6 framework agreements shared with other suppliers (not included in the total).
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: AS Connecto Eesti
Overview
AS Connecto Eesti (registry code 17100148) is a public limited company (AS). The company was entered in the Commercial Register in 2024 and has been registered for over a year. 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 EE102791893).
Financial results
Revenue in financial year 2025 was 29 310 000 €. Net profit for financial year 2025 was 692 000 € (2,4% of revenue). In financial year 2025 the company had 229 employees (0 a year earlier). Revenue per employee was 127 991 €. At the end of financial year 2025, total assets were 11 236 000 € and equity 2 439 000 € (21,7% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 8 456 686 €, up 33,5% on the same quarter a year earlier. The company had 255 employees in that quarter. Labour taxes paid in the quarter: 1 132 843 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2740 € 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.