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SRC Estonia AS

Registry code (registrikood) 10705931Public limited company (Aktsiaselts)VAT EE100652109Activity (EMTAK 33151): Tsiviillaevade ja -paatide remont ja hooldusActive

Rae vald, Harju County · Financial data: annual reports up to 2024; tax data up to 2026 Q2

Revenue (2024)
€15.9M
▼ 41.8% vs 2023
Profit before tax (2024)
-€1.3M
Employees, FTE (2024)
38
State taxes paid, last 4 quarters
€460k

Revenue, profit and employees, 2019–2024

€12.8M2019€21.5M2020€13.7M2021€12.1M2022€27.4M2023€15.9M2024
YearRevenue (müügitulu)Operating profit (ärikasum)Net profitEquity (omakapital)Employees, FTE
2019€12,807,423-€2,613,372-€2,643,744-€2,072,27530
2020€21,530,598€4,830,952€4,743,402€2,671,12749
2021€13,665,850€225,418-€321,596€249,53148
2022€12,103,494-€1,894,827-€2,058,413-€1,400,88239
2023€27,362,493€291,566€119,937-€1,280,94533
2024€15,923,271-€1,078,323-€1,307,173€868,48238

Balance sheet summary

YearCashTotal assetsCurrent liabilitiesNon-current liabilitiesEquity
2019€205€2,068,041€4,080,937€59,379-€2,072,275
2020€837,355€4,464,183€1,763,620€29,436€2,671,127
2021€9,317€3,431,829€3,182,298€0€249,531
2022€36,487€4,316,608€5,717,490-€1,400,882
2023€11,601€7,075,286€8,354,298€1,933-€1,280,945
2024€18,964€6,471,386€5,577,864€25,040€868,482

Calculated ratios

Net profit margin = net profit ÷ revenue. Equity ratio = equity ÷ total assets. Seedata sources & methodology for how each figure is derived.

Quarterly tax and turnover data (EMTA)

QuarterState taxes paidWage taxesTurnoverEmployees
2022 Q1€135,496€163,364€3,781,76334
2022 Q2€160,970€168,107€4,015,55435
2022 Q3€89,398€109,149€2,117,25336
2022 Q4€179,077€184,092€4,148,52834
2023 Q1€82,123€182,058€4,590,66932
2023 Q2€174,654€196,936€6,855,06935
2023 Q3€95,503€211,801€7,955,16938
2023 Q4€171,406€223,529€7,367,12439
2024 Q1€0€165,180€9,100,45341
2024 Q2€0€258,840€6,097,79842
2024 Q3€100,721€222,385€4,535,65040
2024 Q4€204,664€275,474€3,160,18536
2025 Q1€191,400€256,004€3,340,70132
2025 Q2€172,491€227,358€7,212,55633
2025 Q3€204,183€235,548€3,463,53131
2025 Q4€31,842€199,656€4,802,42729
2026 Q1€111,181€191,355€3,928,76829
2026 Q2€112,955€122,156€2,028,38430

Source: EMTA quarterly published data, as of 10 July 2026. Covers state taxes and wage taxes actually paid and turnover and employee counts as declared by the company, not the annual report figures above.

About this data

In the 2024 financial year (period 1 January 2024–31 December 2024), SRC Estonia AS reported revenue of €15,923,271.

The company recorded a net loss of €1,307,173 in the 2024 financial year.

Revenue decreased by 41.8% from €27,362,493 in 2023 to €15,923,271 in 2024.

Revenue grew at a compound annual rate of 4.5% between 2019 and 2024.

Equity accounted for 13.4% of total assets of €6,471,386 at the end of the 2024 reporting period.

With 38 full-time-equivalent employees in 2024, revenue per employee was €419,033.

Across the 4 most recent quarters declared to EMTA, up to Q2 2026, SRC Estonia AS reported €14,223,110 in turnover.

EMTA recorded 30 employees for the quarter ending Q2 2026, compared with 38 full-time-equivalent employees in the 2024 annual report.

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Source

Source: Estonian e-Business Register open data (Centre of Registers and Information Systems, RIK), licence CC BY-SA 4.0, modified; Estonian Tax and Customs Board (EMTA) quarterly data. Downloaded 2026-09-22. This is not an official register extract — see ariregister.rik.ee.

Company data on this site is available under CC BY-SA 4.0.

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