Ericsson Eesti Aktsiaselts
RegisteredPublic limited company (AS)Registry code 10005211
Key factsLasnamäe linnaosa, Manufacture of communication equipment
- Registry code
- 10005211
- VAT number
- EE100254507
- LEI code
- 549300XTXZ558VEKX565lapsed
- Registered
- 20 Dec 1995
- Address
- Harju maakond, Tallinn, Lasnamäe linnaosa, Valukoja tn 8/1Harju maakondTallinnLasnamäe linnaosa
Base map and address location: Estonian Land and Spatial Development Board - Main activity
- Manufacture of communication equipment EMTAK 26301
- Capital
- €9,586,747
- Financial year ends
- 31.12
- Contacts
- Emailericsson.eesti@ericsson.com
- Phone+372 6500900
- Websitewww.ericsson.com
- Mobile+372 59182408
Annual report figures
Unconsolidated reports, amounts in euros. Employees are the annual average in full-time equivalents (FTE).
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | €416,596,915 +0.4% | €414,833,000 −1.4% | €420,670,000 −19% | €516,474,000 −3.4% | €534,482,000 −13% | €617,622,000 +1.8% | €606,867,000 |
| Operating profit | €7,842,650 | €5,939,000 | €9,762,000 | €12,235,000 | €9,404,000 | €7,948,000 | €6,063,000 |
| Net profit | −€1,614,824 −119% | €8,290,000 +6.2% | €7,807,000 −33% | €11,733,000 +31% | €8,932,000 +25% | €7,128,000 +109% | €3,408,000 |
| Profit margin | −0.4% | 2% | 1.9% | 2.3% | 1.7% | 1.2% | 0.6% |
| Labour costs | €76,746,929 | €72,568,000 | €66,799,000 | €62,013,000 | €51,417,000 | €48,192,000 | €43,234,000 |
| Balance sheet | |||||||
| Total assets | €195,617,035 −9.3% | €215,722,000 −3% | €222,497,000 −0.2% | €222,838,000 −16% | €264,832,000 −13% | €305,465,000 +9.9% | €277,954,000 |
| Current assets | €153,770,499 | €164,612,000 | €173,764,000 | €159,255,000 | €228,291,000 | €265,659,000 | €227,598,000 |
| Cash | €3,891 | €0 | €14,000 | €17,000 | €14,000 | €0 | €27,000 |
| Current liabilities | €126,199,936 | €129,405,000 | €145,941,000 | €151,587,000 | €206,608,000 | €259,951,000 | €234,373,000 |
| Non-current liabilities | €8,563,290 | €9,849,000 | €8,378,000 | €10,880,000 | €9,586,000 | €5,808,000 | €6,003,000 |
| Equity | €60,853,809 −20% | €76,468,000 +12% | €68,178,000 +13% | €60,371,000 +24% | €48,638,000 +23% | €39,706,000 +5.7% | €37,578,000 |
| Ratios and staff | |||||||
| Current ratio | 1.22 | 1.27 | 1.19 | 1.05 | 1.10 | 1.02 | 0.97 |
| Employees (FTE) | 1,778 | 1,796 | 1,831 | 1,815 | 1,742 | 1,633 | 1,636 |
| Revenue per employee | €234,306 | €230,976 | €229,749 | €284,559 | €306,821 | €378,213 | €370,946 |
Tax board quarterly data
Taxes paid during the quarter, turnover from VAT returns and head count on the last day of the quarter.
| Quarter | Turnover | State taxes | Labour taxes | Employees | Average salary (estimate) |
|---|---|---|---|---|---|
| 2026 Q2 | €179,607,826 | €9,698,035 | €10,179,906 | 1,694 | €3,681 |
| 2026 Q1 | €160,535,677 | €7,132,546 | €7,509,717 | 1,688 | €2,793 |
| 2025 Q4 | €160,143,945 | €7,464,732 | €7,762,942 | 1,737 | €2,542 |
| 2025 Q3 | €156,851,581 | €11,431,374 | €7,850,584 | 1,763 | €2,533 |
| 2025 Q2 | €155,942,950 | €9,448,485 | €9,907,983 | 1,778 | €3,169 |
| 2025 Q1 | €158,367,418 | €6,848,732 | €7,144,297 | 1,780 | €2,283 |
| 2024 Q4 | €174,674,299 | €6,918,041 | €7,075,617 | 1,774 | €2,346 |
| 2024 Q3 | €155,792,022 | €6,820,927 | €7,174,178 | 1,796 | €2,349 |
| 2024 Q2 | €176,748,347 | €7,062,063 | €7,332,647 | 1,839 | €2,345 |
| 2024 Q1 | €158,184,374 | €6,700,769 | €6,810,587 | 1,808 | €2,215 |
| 2023 Q4 | €141,561,844 | €6,399,275 | €6,670,421 | 1,794 | €2,187 |
| 2023 Q3 | €145,913,731 | €6,631,425 | €6,949,422 | 1,842 | €2,219 |
| 2023 Q2 | €183,579,029 | €8,589,966 | €8,964,635 | 1,870 | €2,819 |
| 2023 Q1 | €143,703,942 | €6,066,706 | €6,254,596 | 1,842 | €2,018 |
| 2022 Q4 | €219,297,560 | €5,873,012 | €6,066,545 | 1,836 | €1,975 |
| 2022 Q3 | €225,357,374 | €5,799,963 | €6,017,993 | 1,857 | €1,945 |
| 2022 Q2 | €215,174,979 | €6,028,796 | €5,889,045 | 1,857 | €1,913 |
| 2022 Q1 | €212,397,789 | €5,164,153 | €5,339,267 | 1,822 | €1,800 |
Tax debt
This company is not on the tax board's list of debtors as of 06 Oct 2026.
Source: the tax board's list of legal persons with tax debt. Each month shows its last snapshot. Not being on the list does not prove there is no tax debt.
What these figures mean
Tax board turnover sums the quarter's VAT returns, including reverse-charged purchases. It is not annual report revenue and the two are not added up. Turnover months lag the quarter by one month.
Quarterly head count is the employment register on the quarter's last day, excluding board members. Annual report FTE is the year's average in full-time equivalents.
Average salary is an estimate: the gross monthly salary per employee that the labour taxes imply. Labour taxes are paid, not earned, in the quarter, and part-time staff and tax exemptions skew the result.
The current ratio shows how many euros of current assets there are for each euro of current liabilities.