10565884ActivePublic limited companyVAT-registered

Icosagen AS

Registered 27. august 1999, primary activity: Research and experimental development on natural sciences and engineering. Main place of business in Õssu küla, Kambja vald, Tartu maakond.

Õssu küla, Kambja vald, Tartu maakondEMTAK 72101 — Research and experimental development on natural sciences and engineering26+ years
Updated 11 h ago
e-Business Register
Revenue 2026 (I kv)
€757k
▼ 15% vs 2025 I kv
As of 10.04.2026 (MTA)
Employees
40
2026 (MTA)
Taxes paid
€361k
State + labour taxes · 2026 (I kv)
Tax debt
€0
As of 11.05.2026 (MTA)

Overview

e-Business Register · 11 h ago
Legal form
Public limited company
Date of first registration
27.08.1999e-Business Register
Address
Eerika tee 1, Õssu küla, Kambja vald, 61713 Tartu maakondADS · e-Business Register
E-mail address
[email protected]e-Business Register
Website
www.icosagen.eee-Business Register · domain active
Telephone
+372 7377070e-Business Register
Principal activity
EMTAK 72101 — Research and experimental development on natural sciences and engineeringe-Business Register · ETCB
VAT number
EE100573055ETCB · VAT-registered
Share capital
192 448,00 €e-Business Register

Officers (5)

e-Business Register · 11 h ago
MU
Mart Ustav
Born 1949 · 77 y · board member since 24.11.2008
Board member
MU
Mart Ustav
Born 1986 · 40 y · board member since 20.01.2023
Board member
KR
Kalevi ReijonenFOREIGN
Foreign / not in register · supervisory board member since 01.07.2024
Supervisory board member
ET
Ene Talpsep
Born 1953 · 73 y · supervisory board member since 01.07.2024
Supervisory board member
RV
Richard Villems
Born 1944 · 82 y · supervisory board member since 01.07.2024
Supervisory board member

Founders (4)

e-Business Register · 11 h ago
AL
Ain Laving
Born 1947 · 79 y · founder since 27.08.1999
Founder
ER
Elve Raukas
Born 1956 · 70 y · founder since 27.08.1999
Founder
MM
Marika Mikelsaar
Born 1938 · 88 y · founder since 27.08.1999
Founder
MU
Mart Ustav
Born 1949 · 77 y · founder since 27.08.1999
Founder

Shareholders

e-Business Register · 11 h ago
AO
Amplikon OÜLEGAL PERSON
Legal person · 12860392 · shareholder since 05.12.2025
Shareholder 96% · €185k

Beneficial owners (2)

e-Business Register · 11 h ago
MU
Mart Ustav
· ultimate beneficial owner since 18.10.2018
Ultimate beneficial owner
ET
Ene Talpsep
Born 1953 · 73 y · ultimate beneficial owner since 30.06.2020
Ultimate beneficial owner

Other persons (2)

e-Business Register · 11 h ago
NC
Nasdaq CSD SEFOREIGN
Foreign / not in register · registrar of the shares since 28.09.2017
Registrar of the shares
GT
Grant Thornton Baltic OÜLEGAL PERSON
Legal person · 10384467 · auditor since 15.02.2023
Auditor

Subsidiaries

e-Business Register · shareholders · 11 h ago

Icosagen AS is a shareholder or officer in 4 more companies.

Icosagen AS10565884Shareholder 100%ICO Park OÜ12401945Shareholder 100%Icosagen Cell Factory OÜ11107818aktsiaselts Biotehnoloogi…10834232SYNLAB Eesti OÜ11107913

Tech stack

Website analysis · 20 h tagasi
icosagen.ee2 technologies detected
Tag manager
Google Tag Manager
Web server
nginx

Annual reports (6)

e-Business Register · annual reports · 2 päeva tagasi
Revenue · 2019–2024
€2.0mlatest
€5.0m€2.5m0
2019: €1.1m2020: €2.5m2021: €3.6m2022: €2.4m2023: €1.9m2024: €2.0m
201920222024
Profit · 2019–2024
€119klatest
€2.0m€1000k−1 €
2019: €139k2020: €1.0m2021: €1.3m2022: €227k2023: €58k2024: €119k
201920222024
YearRevenueProfitEquityAssetsEmployees
2024AUD2 035 311 €119 181 €5 158 850 €€13.0m20430.06.2025
2023AUD1 938 317 €58 350 €5 039 669 €€5.5m16611.06.2024
2022AUD2 415 477 €226 859 €4 981 319 €€5.8m13119.06.2023
2021AUD3 586 426 €1 318 758 €4 754 460 €€5.9m9230.06.2022
2020AUD2 547 351 €1 042 976 €3 435 702 €€4.3m6929.10.2021
2019AUD1 096 550 €139 232 €2 392 726 €€2.7m6330.06.2020
Original files (PDF, XBRL) — in the e-Business Register.View reports on e-Business Register

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.04.2026 as of
€2.0m€1.0m0
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I Q757 108 €218 308 €143 064 €40
20252 561 591 €891 672 €599 493 €36
20242 103 922 €671 820 €512 918 €38
20232 703 581 €564 585 €461 559 €31
20222 081 151 €383 408 €390 197 €29
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 2026€757k———
State taxes 2026€218k———
Taxes on workforce 2026€143k———
Employees 202640———
Revenue 2025€892k€645k€484k€541k
State taxes 2025€284k€220k€192k€196k
Taxes on workforce 2025€170k€141k€148k€140k
Employees 202539393736
Revenue 2024€758k€503k€488k€355k
State taxes 2024€214k€141k€173k€144k
Taxes on workforce 2024€159k€109k€125k€121k
Employees 202432383638
Revenue 2023€1.3m€312k€645k€493k
State taxes 2023€136k€114k€167k€147k
Taxes on workforce 2023€139k€107k€109k€107k
Employees 202332313131
Revenue 2022€1.1m€316k€377k€322k
State taxes 2022€116k€86k€92k€90k
Taxes on workforce 2022€122k€84k€93k€90k
Employees 202230303029

Commercial pledges (1)

Business Register · pledges
#2
2 000 000,00 € EEK
Järjekoht: esimene · Algus 20.06.2006 · kehtiv
Kehtiv

History (71)

e-Business Register · entries
02.07.2024
Amending entry
Ä 20015696 / M17 · Status: Puudused kõrvaldatud
19.06.2023
Amending entry
Ä 20015696 / 27 · Status: In force
19.06.2023
Amending entry
Entry no. 27
20.01.2023
Amending entry
Ä 20015696 / 25 · Status: In force
20.01.2023
Amending entry
Ä 20015696 / 26 · Status: In force
Show 66 more events
20.01.2023
Amending entry
Entry no. 26
20.01.2023
Amending entry
Entry no. 25
30.06.2022
Amending entry
Ä 20015696 / 24 · Status: In force
30.06.2022
Amending entry
Entry no. 24
06.10.2020
Amending entry
Ä 20015696 / 23 · Status: In force
06.10.2020
Amending entry
Entry no. 23
26.08.2020
Amending entry
Ä 20015696 / M16 · Status: In force
23.07.2020
Amending entry
Ä 20015696 / M15 · Status: Puudused kõrvaldatud
25.04.2018
Amending entry
Ä 20015696 / M14 · Status: Puudused kõrvaldatud
17.01.2018
Amending entry
Ä 20015696 / 22 · Status: In force
17.01.2018
Amending entry
Entry no. 22
23.12.2017
Amending entry
Ä 20015696 / 21 · Status: In force
23.12.2017
Amending entry
Entry no. 21
03.12.2017
Amending entry
Ä 20015696 / 20 · Status: In force
03.12.2017
Amending entry
Entry no. 20
28.09.2017
Amending entry
Ä 20015696 / 19 · Status: In force
28.09.2017
Amending entry
Entry no. 19
06.02.2014
Amending entry
Ä 20015696 / 18 · Status: In force
06.02.2014
Amending entry
Entry no. 18
09.08.2011
Amending entry
Ä 20015696 / 17 · Status: In force
09.08.2011
Amending entry
Entry no. 17
18.07.2011
Amending entry
Ä 20015696 / M13 · Status: In force
29.06.2011
Amending entry
Ä 20015696 / M12 · Status: In force
02.03.2009
Amending entry
Ä 15696 / 16 · Status: In force
02.03.2009
Amending entry
Entry no. 16
23.02.2009
Amending entry
Ä 15696 / M11 · Status: In force
19.12.2008
Amending entry
Entry no. 15
03.12.2008
Amending entry
Ä 15696 / 15 · Status: In force
24.11.2008
Amending entry
Ä 15696 / M10 · Status: Puudused kõrvaldatud
24.11.2008
Amending entry
Ä 15696 / 14 · Status: In force
24.11.2008
Amending entry
Entry no. 14
29.09.2008
Eralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel)
Ä 15696 / 13 · Status: In force
29.09.2008
Eralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel)
Entry no. 13
26.09.2008
Eralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel)
Ä 15696 / M9 · Status: Puudused kõrvaldatud
31.03.2008
Amending entry
Ä 15696 / 12 · Status: In force
31.03.2008
Amending entry
Entry no. 12
20.06.2006
Kommertspandi avamiskanne
K 17047 / 5 · Status: In force
20.06.2006
Kommertspandi avamiskanne
Entry no. 5
16.06.2006
Kommertspandi kustutamiskanne
Entry no. 4
15.06.2006
Kommertspandi kustutamiskanne
K 17047 / 4 · Status: In force
11.04.2006
Amending entry
Ä 15696 / 11 · Status: In force
11.04.2006
Amending entry
Entry no. 11
29.03.2006
Amending entry
Ä 15696 / M8 · Status: In force
29.11.2005
Kommertspandi muutmiskanne ÄS § 33 lg 7.1 alusel
Entry no. 3
28.11.2005
Kommertspandi muutmiskanne ÄS §33 lg 7.1 alusel
K 17047 / 3 · Status: In force
14.07.2005
Amending entry
Ä 15696 / 10 · Status: In force
14.07.2005
Amending entry
Entry no. 10
14.06.2005
Amending entry
Ä 15696 / M7 · Status: In force
24.05.2005
Amending entry
Ä 15696 / M6 · Status: In force
14.07.2004
Toimiku dokumentide kontroll
Ä 15696 / M5 · Status: In force
05.05.2003
Märkus
Ä 15696 / 9 · Status: In force
05.05.2003
Märkus
Entry no. 9
15.04.2003
Kommertspandi muutmiskanne
K 17047 / 2 · Status: In force
15.04.2003
Kommertspandi muutmiskanne
Entry no. 2
07.04.2003
Ümberkujundamiskanne uut registrikaarti avamata
Entry no. 8
04.04.2003
Ümberkujundamiskanne uut registrikaarti avamata
Ä 15696 / 8 · Status: In force
17.03.2003
Ümberkujundamiskanne uut registrikaarti avamata
Ä 15696 / M4 · Status: In force
15.05.2002
Mitteavaldatav muutmiskanne
Entry no. 7
14.05.2002
Mitteavaldatav muutmiskanne
Ä 15696 / 7 · Status: In force
16.10.2001
Mitteavaldatav muutmiskanne
Entry no. 6
21.08.2001
Avaldatav muutmiskanne
Entry no. 5
26.07.2001
Mitteavaldatav muutmiskanne
Entry no. 4
27.09.2000
Mitteavaldatav muutmiskanne
Entry no. 3
30.06.2000
Mitteavaldatav muutmiskanne
Entry no. 2
12.11.1999
Kommertspandi avamiskanne
Entry no. 1
27.08.1999
Asutamiskanne
Entry no. 1

Connected companies

Via the same person

Persons connected to this company also hold roles in 8 other companies.

Mart UstavBoard member, Founder · 1 other company
Icosagen Cell Factory OÜ
Board member
Ene TalpsepUltimate beneficial owner, Supervisory board member · 2 other companies
BioBalt Holding OÜ
Shareholder 13%
Icosagen Cell Factory OÜ
Ultimate beneficial owner
Richard VillemsSupervisory board member · 1 other company
Sihtasutus Geenikeskus
Founder