Nets Estonia AS
- Registry code
- 10452335
- VAT number
- EE100169809
- Address
- Harju maakond, Tallinn, Kesklinna linnaosa, Maakri tn 23a, 10145
- Registered
- 19.05.1998 · 28 yrs
- Activity
- Other activities auxiliary to financial services, except insurance and pension funding 66199
- Additional activities
- Rental and leasing of office machinery and equipment (including computers)
- Capital
- 504 902 €
- e•••@e•••.eeLog in to see
- Phone
- +372 •• ••••Log in to see
- Website
- www.estcard.ee from email
Business Register 05.10.2026
Sales revenue8,6 m €+16%2025 annual report
Profit1,9 m €2025 annual report
Employees54Tax Board 2026 Q2
Average gross salary5 615 €estimate, Tax Board 2026 Q2
Labour taxes per quarter464 k €Tax Board 2026 Q2
Cash3,7 m €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months4,3 m €+9%Tax Board, last 4 quarters
State taxes 12 months1,9 m €Tax Board, last 4 quarters
Quick check
- No tax debt
- No enforcement proceedings (12 months)
- No payment orders (12 months)
- No bankruptcy or liquidation
- No sanctions
- Report filed (2025)
- VAT registered
Stability
Follow companyNotification when something changesRatingAAA since 26.09.2026
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 9% vs a year earlier
Add the rating badge to your website
The badge code is available to this company's verified account: verification uses a code we send to the company email in the Business Register. The badge updates itself and cannot be bought. Read more
Board and owners
2 persons
| Board 1 | ||
|---|---|---|
| Kalle Vaalma1 companyno tax debt | Personal ID ↗ | 09.07.2026 |
| Other persons 1 | ||
| Nasdaq CSD SE1983 companies155 with tax debt40 bankruptShare register keeper | Personal ID ↗ | 28.09.2017 |
| Beneficial owners 1 | ||
| Kalle Vaalma1 companyno tax debtmember of the senior management body, i.e. management or supervisory board member | 10.07.2026 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
State taxes / revenue45,8%
Labour taxes / revenue44,8%
Revenue per employee per month6 385 €
Gross salary (estimate)5 615 €
Net salary (estimate)4 376 €
2026 Q2. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | 1 034 394 € | ▲ 13% | 463 905 € | 473 402 € | 54 |
| 2026 Q1 | 1 346 263 € | ▼ 1% | 393 606 € | 417 777 € | 55 |
| 2025 Q4 | 924 221 € | ▲ 1% | 420 751 € | 516 375 € | 55 |
| 2025 Q3 | 958 257 € | ▲ 30% | 412 150 € | 454 068 € | 55 |
| 2025 Q2 | 911 449 € | ▲ 19% | 472 017 € | 504 808 € | 55 |
| 2025 Q1 | 1 361 850 € | ▲ 25% | 361 955 € | 471 354 € | 53 |
| 2024 Q4 | 913 471 € | ▲ 27% | 360 952 € | 383 381 € | 53 |
| 2024 Q3 | 738 468 € | ▼ 9% | 333 377 € | 351 647 € | 51 |
| 2024 Q2 | 766 928 € | ▲ 23% | 395 629 € | 413 794 € | 49 |
| 2024 Q1 | 1 089 296 € | ▲ 17% | 302 181 € | 369 484 € | 50 |
| 2023 Q4 | 719 812 € | ▲ 29% | 302 110 € | 320 618 € | 50 |
| 2023 Q3 | 814 362 € | ▲ 25% | 298 036 € | 289 473 € | 51 |
Show full history (18 quarters)
| 2023 Q2 | 622 216 € | ▼ 2% | 333 571 € | 318 960 € | 51 |
| 2023 Q1 | 931 118 € | ▲ 10% | 280 512 € | 365 048 € | 49 |
| 2022 Q4 | 557 320 € | 273 928 € | 310 848 € | 49 | |
| 2022 Q3 | 654 080 € | 260 904 € | 283 066 € | 46 | |
| 2022 Q2 | 636 083 € | 286 719 € | 328 050 € | 48 | |
| 2022 Q1 | 846 281 € | 253 290 € | 317 416 € | 48 |
Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0
Annual reports
5 yr
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Sales revenue | 8,6 m € | ▲ 16% | 7,4 m € | ▼ 6% | 7,8 m € | ▲ 37% | 5,7 m € | ▲ 9% | 5,2 m € |
| Profit | 1,9 m € | ▼ 12% | 2,1 m € | ▼ 4% | 2,2 m € | ▲ 239% | 658 k € | ▲ 25% | 526 k € |
| Profit margin | 22,1% | 29,1% | 28,7% | 11,6% | 10,0% | ||||
| Retained earnings | 46,5 m € | ▲ 5% | 44,3 m € | ▲ 5% | 42,2 m € | ▲ 2% | 41,5 m € | ▲ 1% | 41,0 m € |
| Cash | 3,7 m € | ▲ 54% | 2,4 m € | ▲ 20% | 2,0 m € | ▲ 64% | 1,2 m € | ▲ 57% | 774 k € |
| Current assets | 47,5 m € | ▲ 4% | 45,5 m € | ▲ 5% | 43,4 m € | ▲ 5% | 41,4 m € | ▲ 1% | 41,0 m € |
| Fixed assets | 5,9 m € | ▲ 19% | 5,0 m € | ▲ 78% | 2,8 m € | ▲ 27% | 2,2 m € | ▲ 27% | 1,7 m € |
| Assets | 53,4 m € | ▲ 6% | 50,5 m € | ▲ 9% | 46,2 m € | ▲ 6% | 43,6 m € | ▲ 2% | 42,7 m € |
| Current liabilities | 3,0 m € | ▲ 66% | 1,8 m € | ▲ 49% | 1,2 m € | ▲ 47% | 818 k € | ▲ 41% | 580 k € |
| Long-term liabilities | 1,5 m € | ▼ 10% | 1,6 m € | — | — | — | |||
| Total liabilities | 4,5 m € | ▲ 30% | 3,4 m € | ▲ 185% | 1,2 m € | ▲ 47% | 818 k € | ▲ 41% | 580 k € |
| Equity | 48,9 m € | ▲ 4% | 47,1 m € | ▲ 4% | 45,0 m € | ▲ 5% | 42,8 m € | ▲ 2% | 42,1 m € |
| Labour costs | -3,4 m € | ▼ 11% | -3,1 m € | ▼ 16% | -2,7 m € | ▼ 15% | -2,3 m € | ▼ 6% | -2,2 m € |
| Employees | 54 | ▲ 8% | 50 | 0% | 50 | ▲ 6% | 47 | 0% | 47 |
| Filed | 25.06.2026 | 27.06.2025 | 26.06.2024 | 03.07.2023 | 27.06.2022 | ||||
| Report | PDF ↓ | PDF ↓ | PDF ↓ | PDF ↓ | PDF ↓ |
▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0
Revenue by activity
2025
| Activity | EMTAK | Sales revenue | Osa |
|---|---|---|---|
| Other activities auxiliary to financial services, except insurance and pension funding main activity | 66199 | 6 646 364 € | 77% |
| Rental and leasing of office machinery and equipment (including computers) | 77331 | 1 937 288 € | 23% |
2025 annual report, RIK open data
Real estate
e-kinnistusraamat
Loading properties…
Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data
Debts and court cases
clean
No tax debt · Tax Board 05.10.2026
Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.
Enforcement, payment orders and notices
clean
Official Announcements contain no enforcement, payment order or tax authority notices about the company.
Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.
State: transactions, tenders, grants
none
No transactions with state agencies, procurement contracts or grants found
RTK Saldo, Riigihangete register, RTK toetatud projektid
Holdings in other companies
0
No holdings in other companies
Companies linked via the board
60
AS AlexelaNasdaq CSD SE555,0 m €BBEricsson Eesti AktsiaseltsNasdaq CSD SE416,6 m €AAAS SEB PankNasdaq CSD SE405,8 m €AAAktsiaselts METAPRINTNasdaq CSD SE85,8 m €AAAAS HANZA Mechanics TartuNasdaq CSD SE81,5 m €AAAERGO Insurance SENasdaq CSD SE80,6 m €AAAElke Tallinn ASNasdaq CSD SE62,0 m €AAAaktsiaselts ESTIKO - PLASTARNasdaq CSD SE48,2 m €AAAStockmann AktsiaseltsNasdaq CSD SE42,3 m €AAaktsiaselts PINUSNasdaq CSD SE29,6 m €AAAAktsiaselts BalbiinoNasdaq CSD SE29,5 m €AAAAktsiaselts Magnum VeterinaariaNasdaq CSD SE28,6 m €BBAktsiaselts KROONINGNasdaq CSD SE27,1 m €BInterchemie Werken De Adelaar Eesti aktsiaseltsNasdaq CSD SE25,5 m €BBBSchneider Electric Eesti ASNasdaq CSD SE24,9 m €BAktsiaselts TopautoNasdaq CSD SE21,6 m €AAAktsiaselts Lincona KonsultNasdaq CSD SE19,2 m €AAAAS All Media EestiNasdaq CSD SE17,2 m €AAAktsiaselts PAFERNasdaq CSD SE15,1 m €AAABaltyre Eesti ASNasdaq CSD SE14,8 m €AAAaktsiaselts PristisNasdaq CSD SE13,5 m €AAAAktsiaselts Viru ElektrikaubandusNasdaq CSD SE10,6 m €AAAktsiaselts STANDARDNasdaq CSD SE10,6 m €AAS Eesti LeivatööstusNasdaq CSD SE10,3 m €Aaktsiaselts LTTNasdaq CSD SE10,2 m €AAAMotoral Eesti AktsiaseltsNasdaq CSD SE8,6 m €AAktsiaselts Silmani ElekterNasdaq CSD SE8,0 m €Aaktsiaselts HALS TRADING - TNasdaq CSD SE6,8 m €Aaktsiaselts "Rauameister"Nasdaq CSD SE6,8 m €AAAktsiaselts "Erimell"Nasdaq CSD SE6,4 m €AAAAktsiaselts Taastusravikeskus ViikingNasdaq CSD SE5,8 m €AAAAktsiaselts Loo ElekterNasdaq CSD SE5,5 m €AAAaktsiaselts IKODORNasdaq CSD SE4,9 m €AAAktsiaselts ANTAARESNasdaq CSD SE4,7 m €AACaverion Eesti ASNasdaq CSD SE4,6 m €AAktsiaselts Kiviõli KaubahoovNasdaq CSD SE4,4 m €AAAktsiaselts Metsaküla PiimNasdaq CSD SE3,9 m €AAAaktsiaselts VÕRU VESINasdaq CSD SE3,4 m €AAAaktsiaselts TAUF-AUTONasdaq CSD SE2,9 m €AAAaktsiaselts CISTANasdaq CSD SE2,6 m €AAAPRIMULATOR EESTI AktsiaseltsNasdaq CSD SE2,2 m €AAARTT AktsiaseltsNasdaq CSD SE2,1 m €AAAAS Remedium Kalamaja ApteekNasdaq CSD SE1,7 m €AAaktsiaselts ESTIKONasdaq CSD SE1,6 m €AAAAktsiaselts Ekspress GruppNasdaq CSD SE1,4 m €AALEKON PROPERTY ASNasdaq CSD SE1,2 m €AAAAktsiaselts FotoluksNasdaq CSD SE1,1 m €BBBAktsiaselts LAVEXNasdaq CSD SE692 k €CAktsiaselts Peipsi KalameesNasdaq CSD SE498 k €AAAktsiaselts MihkliNasdaq CSD SE475 k €AAAS Tolaram InvestmentsNasdaq CSD SE380 k €AAAktsiaselts Projekt ENasdaq CSD SE198 k €AAAktsiaselts YearNasdaq CSD SE132 k €CRaisio Eesti AktsiaseltsNasdaq CSD SE120 k €ADeden-Invest AktsiaseltsNasdaq CSD SE51 638 €AKatus ASNasdaq CSD SE13 588 €Aaktsiaselts FaabulaNasdaq CSD SE0 €BBBAktsiaselts TalveaedNasdaq CSD SE · Likvideerimisel0 €CAktsiaselts SpratfilNasdaq CSD SE · Bankrupt0 €CAktsiaselts RoolidNasdaq CSD SE0 €
Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Other activities auxiliary to financial services, except insurance and pension funding
20
| # | Company | Revenue |
|---|---|---|
| 1 | Baltics CO2 Management OÜ | 95,9 m € |
| 2 | Bondora AS | 62,3 m € |
| 3 | Bondora Group AS | 41,8 m € |
| 4 | Wallester AS | 27,9 m € |
| 5 | Guarantee Services OÜ | 9,1 m € |
| 6 | Nets Estonia AS | 8,6 m € |
| 7 | Baltic LEI AS | 8,3 m € |
| 8 | AS LÕHMUS HOLDINGS | 5,5 m € |
| 9 | Swaper Platform OÜ | 4,3 m € |
| 10 | Niko Technologies OÜ | 4,0 m € |
| 11 | SHA2 solutions OÜ | 3,5 m € |
| 12 | Nasdaq CSD SE Eesti filiaal | 3,2 m € |
| 13 | Posti Messaging OÜ | 2,3 m € |
| 14 | IUVO GROUP OÜ | 2,3 m € |
| 15 | xChange AS | 1,9 m € |
| 16 | eWalletex LTD OÜ | 1,6 m € |
| 17 | AS Pensionikeskus | 1,4 m € |
| 18 | fe Business Services OÜ | 1,3 m € |
| 19 | Q500 Estonia OÜ | 1,2 m € |
| 20 | Scramble OÜ | 1,2 m € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Licences, domains
2 records
Activity licences (MTR and environmental)
| Field | Licence number | Valid from |
|---|---|---|
| Provision of communication services | STO000085 | 22.01.2002 |
Domains
| Domain | Source |
|---|---|
| estcard.ee |
History and notices
20
| Date | Type | Content |
|---|---|---|
| 09.07.2026 | Entry | Amendment entry |
| 30.08.2024 | Entry | Muutmiskanne TsMS § 595¹ lg 1 alusel |
| 19.05.2020 | Entry | Amendment entry |
| 24.10.2019 | Entry | Amendment entry |
| 01.10.2019 | Entry | Amendment entry |
| 16.01.2018 | Entry | Amendment entry |
| 07.11.2017 | Entry | Amendment entry |
| 28.09.2017 | Entry | Amendment entry |
| 31.08.2016 | Entry | Amendment entry |
| 03.03.2015 | Entry | Muutmiskanne ÄS § 525 lg 2 alusel |
| 02.10.2013 | Entry | Amendment entry |
| 04.07.2011 | Entry | Amendment entry |
| 30.05.2011 | Order to remedy deficiencies | Amendment entry |
| 08.09.2010 | Entry | Amendment entry |
| 07.09.2010 | Order to remedy deficiencies | Amendment entry |
| 07.07.2010 | Entry | Amendment entry |
| 21.06.2010 | Order to remedy deficiencies | Amendment entry |
| 03.12.2008 | Tegevusalade kustutamine registrikaardilt | Amendment entry |
| 12.11.2007 | Aruandetrahvimäärus | Täiendav toimiku dokumentide kontroll |
| 16.10.2002 | Kandeotsus ex officio | Märkus |