aktsiaselts A. Le Coq

Active Registry code 10034247 AS Tartu linn Registered 3 May 1996
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aktsiaselts A. Le Coq is a AS based in Tartu linn, registry code 10034247, status: active. Main activity: Manufacture of beer. According to EMTA, turnover for Q3 2026 was €59 015 390 with 420 employees.

Turnover
59 015 390 €
↑ 16.0% vs Q2 2026
State taxes
16 607 234 €
↑ 28.0% vs Q2 2026
Labour taxes
1 920 843 €
↑ 8.6% vs Q2 2026
Employees
420
−36 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Manufacture of beverages · EMTAK 11

  • Turnover · Q3 2026 59 mn €
    industry median 19 941 € · companies in the industry: 125
  • Labour taxes per employee 4 573 €
    industry median 1 841 € · companies in the industry: 74
  • Revenue · 2025 100.9 mn €
    industry median 31 090 € · companies in the industry: 148
  • Net profit margin · 2025 11.9 %
    industry median 1.1 % · companies in the industry: 115

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 59 015 390 € · +16.0% vs Q2 2026 · industry median 19 941 € · above 98% of the industry
020 00040 00060 000Q4 2023 Company: 38 256 788 € Industry median: 17 067 €Q4·23Q1 2024 Company: 37 251 213 € Industry median: 13 215 €Q2 2024 Company: 54 402 901 € Industry median: 14 361 €Q2·24Q3 2024 Company: 59 525 682 € Industry median: 21 121 €Q4 2024 Company: 42 977 297 € Industry median: 14 899 €Q4·24Q1 2025 Company: 38 825 088 € Industry median: 11 588 €Q2 2025 Company: 52 457 947 € Industry median: 12 686 €Q2·25Q3 2025 Company: 57 458 303 € Industry median: 21 791 €Q4 2025 Company: 39 482 148 € Industry median: 18 840 €Q4·25Q1 2026 Company: 36 259 261 € Industry median: 15 265 €Q2 2026 Company: 50 874 506 € Industry median: 11 354 €Q2·26Q3 2026 Company: 59 015 390 € Industry median: 19 941 €Q3·26020 00040 00060 000Q4 2024 Company: 42 977 297 € Industry median: 14 899 €Q1 2025 Company: 38 825 088 € Industry median: 11 588 €Q1·25Q2 2025 Company: 52 457 947 € Industry median: 12 686 €Q3 2025 Company: 57 458 303 € Industry median: 21 791 €Q3·25Q4 2025 Company: 39 482 148 € Industry median: 18 840 €Q1 2026 Company: 36 259 261 € Industry median: 15 265 €Q1·26Q2 2026 Company: 50 874 506 € Industry median: 11 354 €Q3 2026 Company: 59 015 390 € Industry median: 19 941 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of beverages (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 573 € · +17.9% vs Q2 2026 · industry median 1 841 € · above 85% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 841 € Industry median: 1 654 €Q4·23Q1 2024 Company: 4 257 € Industry median: 1 566 €Q2 2024 Company: 3 523 € Industry median: 1 565 €Q2·24Q3 2024 Company: 4 234 € Industry median: 1 862 €Q4 2024 Company: 4 023 € Industry median: 1 862 €Q4·24Q1 2025 Company: 4 522 € Industry median: 1 690 €Q2 2025 Company: 3 983 € Industry median: 1 885 €Q2·25Q3 2025 Company: 4 644 € Industry median: 1 976 €Q4 2025 Company: 4 597 € Industry median: 1 949 €Q4·25Q1 2026 Company: 4 360 € Industry median: 1 973 €Q2 2026 Company: 3 878 € Industry median: 1 606 €Q2·26Q3 2026 Company: 4 573 € Industry median: 1 841 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 4 023 € Industry median: 1 862 €Q1 2025 Company: 4 522 € Industry median: 1 690 €Q1·25Q2 2025 Company: 3 983 € Industry median: 1 885 €Q3 2025 Company: 4 644 € Industry median: 1 976 €Q3·25Q4 2025 Company: 4 597 € Industry median: 1 949 €Q1 2026 Company: 4 360 € Industry median: 1 973 €Q1·26Q2 2026 Company: 3 878 € Industry median: 1 606 €Q3 2026 Company: 4 573 € Industry median: 1 841 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of beverages (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 420 · −7.9% vs Q2 2026
0100200300400500Q4 2023 Company: 375Q4·23Q1 2024 Company: 389Q2 2024 Company: 428Q2·24Q3 2024 Company: 389Q4 2024 Company: 390Q4·24Q1 2025 Company: 407Q2 2025 Company: 438Q2·25Q3 2025 Company: 403Q4 2025 Company: 398Q4·25Q1 2026 Company: 419Q2 2026 Company: 456Q2·26Q3 2026 Company: 420Q3·260100200300400500Q4 2024 Company: 390Q1 2025 Company: 407Q1·25Q2 2025 Company: 438Q3 2025 Company: 403Q3·25Q4 2025 Company: 398Q1 2026 Company: 419Q1·26Q2 2026 Company: 456Q3 2026 Company: 420Q3·26
State taxes, € thousand Q3 2026: 16 607 234 € · +28.0% vs Q2 2026
05 00010 00015 00020 000Q4 2023 Company: 11 745 011 €Q4·23Q1 2024 Company: 10 460 319 €Q2 2024 Company: 11 991 620 €Q2·24Q3 2024 Company: 17 335 693 €Q4 2024 Company: 13 428 091 €Q4·24Q1 2025 Company: 11 749 452 €Q2 2025 Company: 11 768 586 €Q2·25Q3 2025 Company: 18 382 309 €Q4 2025 Company: 13 590 614 €Q4·25Q1 2026 Company: 11 810 808 €Q2 2026 Company: 12 970 494 €Q2·26Q3 2026 Company: 16 607 234 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 13 428 091 €Q1 2025 Company: 11 749 452 €Q1·25Q2 2025 Company: 11 768 586 €Q3 2025 Company: 18 382 309 €Q3·25Q4 2025 Company: 13 590 614 €Q1 2026 Company: 11 810 808 €Q1·26Q2 2026 Company: 12 970 494 €Q3 2026 Company: 16 607 234 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 59 015 390 16 607 234 1 920 843 420
Q2 2026 50 874 506 12 970 494 1 768 556 456
Q1 2026 36 259 261 11 810 808 1 826 946 419
Q4 2025 39 482 148 13 590 614 1 829 703 398
Q3 2025 57 458 303 18 382 309 1 871 342 403
Q2 2025 52 457 947 11 768 586 1 744 762 438
Q1 2025 38 825 088 11 749 452 1 840 484 407
Q4 2024 42 977 297 13 428 091 1 569 066 390
Q3 2024 59 525 682 17 335 693 1 647 109 389
Q2 2024 54 402 901 11 991 620 1 507 852 428
Q1 2024 37 251 213 10 460 319 1 656 131 389
Q4 2023 38 256 788 11 745 011 1 440 379 375
Q3 2023 58 682 813 16 219 878 1 554 989 372
Q2 2023 51 357 244 11 603 575 1 396 360 420
Q1 2023 37 342 584 9 559 721 1 420 815 383
Q4 2022 38 691 737 11 445 345 1 384 210 374
Q3 2022 58 952 817 17 003 352 1 367 090 382
Q2 2022 46 576 403 11 350 511 1 289 723 430
Q1 2022 34 755 620 9 448 294 1 237 615 397
Labour taxes per employee per month
1 524 €
Turnover per employee in the quarter
140 513 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, mn € 2025: 100 885 748 € · −6.5% vs 2024 · industry median 31 090 € · above 98% of the industry
02550751001252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 71 286 733 € Industry median: 44 550 €20192020 Company: 70 833 548 € Industry median: 32 866 €20202021 Company: 77 113 000 € Industry median: 37 669 €20212022 Company: 96 533 775 € Industry median: 27 578 €20222023 Company: 105 076 000 € Industry median: 33 590 €20232024 Company: 107 894 000 € Industry median: 34 334 €20242025 Company: 100 885 748 € Industry median: 31 090 €202502550751001252018 Company: — Industry median: —2019 Company: 71 286 733 € Industry median: 44 550 €20192020 Company: 70 833 548 € Industry median: 32 866 €2021 Company: 77 113 000 € Industry median: 37 669 €20212022 Company: 96 533 775 € Industry median: 27 578 €2023 Company: 105 076 000 € Industry median: 33 590 €20232024 Company: 107 894 000 € Industry median: 34 334 €2025 Company: 100 885 748 € Industry median: 31 090 €2025
  • Company
  • Industry median

Industry: Manufacture of beverages (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 12 047 000 € · −12.4% vs 2024 · industry median 0 € · above 98% of the industry
05 00010 00015 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 10 578 000 € Industry median: 176 €20192020 Company: 9 954 000 € Industry median: 0 €20202021 Company: 11 265 000 € Industry median: 0 €20212022 Company: 11 218 000 € Industry median: 0 €20222023 Company: 13 041 000 € Industry median: 0 €20232024 Company: 13 752 000 € Industry median: 0 €20242025 Company: 12 047 000 € Industry median: 0 €202505 00010 00015 0002018 Company: — Industry median: —2019 Company: 10 578 000 € Industry median: 176 €20192020 Company: 9 954 000 € Industry median: 0 €2021 Company: 11 265 000 € Industry median: 0 €20212022 Company: 11 218 000 € Industry median: 0 €2023 Company: 13 041 000 € Industry median: 0 €20232024 Company: 13 752 000 € Industry median: 0 €2025 Company: 12 047 000 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Manufacture of beverages (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 11.9 % · −0.8 pp vs the year before · industry median 1.1 % · above 78% of the industry
0510152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 14.8 % Industry median: 3.7 %20192020 Company: 14.1 % Industry median: 1.8 %20202021 Company: 14.6 % Industry median: 2.0 %20212022 Company: 11.6 % Industry median: 0.6 %20222023 Company: 12.4 % Industry median: 1.7 %20232024 Company: 12.7 % Industry median: 0.5 %20242025 Company: 11.9 % Industry median: 1.1 %20250510152018 Company: — Industry median: —2019 Company: 14.8 % Industry median: 3.7 %20192020 Company: 14.1 % Industry median: 1.8 %2021 Company: 14.6 % Industry median: 2.0 %20212022 Company: 11.6 % Industry median: 0.6 %2023 Company: 12.4 % Industry median: 1.7 %20232024 Company: 12.7 % Industry median: 0.5 %2025 Company: 11.9 % Industry median: 1.1 %2025
  • Company
  • Industry median

Industry: Manufacture of beverages (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 93 196 000 € · +1.5% vs 2024
020 00040 00060 00080 000100 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 99 801 000 €20192020 Company: 93 823 000 €20202021 Company: 89 354 000 €20212022 Company: 87 334 000 €20222023 Company: 89 205 000 €20232024 Company: 91 787 000 €20242025 Company: 93 196 000 €2025020 00040 00060 00080 000100 0002018 Company: —2019 Company: 99 801 000 €20192020 Company: 93 823 000 €2021 Company: 89 354 000 €20212022 Company: 87 334 000 €2023 Company: 89 205 000 €20232024 Company: 91 787 000 €2025 Company: 93 196 000 €2025
Equity, € thousand 2025: 72 667 000 € · +1.3% vs 2024
020 00040 00060 00080 000100 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 86 713 000 €20192020 Company: 80 667 000 €20202021 Company: 74 682 000 €20212022 Company: 69 900 000 €20222023 Company: 71 053 000 €20232024 Company: 71 764 000 €20242025 Company: 72 667 000 €2025020 00040 00060 00080 000100 0002018 Company: —2019 Company: 86 713 000 €20192020 Company: 80 667 000 €2021 Company: 74 682 000 €20212022 Company: 69 900 000 €2023 Company: 71 053 000 €20232024 Company: 71 764 000 €2025 Company: 72 667 000 €2025
Employees 2025: 374 · −1.1% vs 2024 · industry median 3 · above 98% of the industry
01002003004002016 Company: 338 Industry median: —20162017 Company: 322 Industry median: —20172018 Company: 305 Industry median: 220182019 Company: 316 Industry median: 220192020 Company: 322 Industry median: 320202021 Company: 338 Industry median: 320212022 Company: 374 Industry median: 320222023 Company: 375 Industry median: 320232024 Company: 378 Industry median: 320242025 Company: 374 Industry median: 3202501002003004002018 Company: 305 Industry median: 22019 Company: 316 Industry median: 220192020 Company: 322 Industry median: 32021 Company: 338 Industry median: 320212022 Company: 374 Industry median: 32023 Company: 375 Industry median: 320232024 Company: 378 Industry median: 32025 Company: 374 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of beverages (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 100 885 748 12 047 000 17 103 000 93 196 000 72 667 000 374
2024 107 894 000 13 752 000 15 591 000 91 787 000 71 764 000 378
2023 105 076 000 13 041 000 14 366 000 89 205 000 71 053 000 375
2022 96 533 775 11 218 000 12 991 000 87 334 000 69 900 000 374
2021 77 113 000 11 265 000 11 150 000 89 354 000 74 682 000 338
2020 70 833 548 9 954 000 10 087 000 93 823 000 80 667 000 322
2019 71 286 733 10 578 000 9 232 000 99 801 000 86 713 000 316
2018 — — — — — 305
2017 — — — — — 322
2016 — — — — — 338
2015 — — — — — 316
2014 — — — — — 328
2013 — — — — — 311
2012 — — — — — 309
2011 — — — — — 309
2010 — — — — — 313
2009 — — — — — 340
2008 — — — — — 342
2007 — — — — — 414
2006 — — — — — 394
2005 — — — — — 304
2004 — — — — — 288
2003 — — — — — 256
2002 — — — — — 239
2001 — — — — — 222
2000 — — — — — 183
1999 — — — — — 236
1998 — — — — — 270
1997 — — — — — 362

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin
11.6 %
Net profit / revenue
Return on equity (ROE)
16.6 %
Net profit / equity
Return on assets (ROA)
12.9 %
Net profit / assets
Equity ratio
78.0 %
Equity / assets
Debt ratio
22.0 %
Liabilities / assets
Current ratio
3.03
Current assets / current liabilities
Revenue per employee
277 746 €
Revenue / average full-time employees
Labour cost per employee per month
3 811 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 25 May 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 26 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 31 May 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 5 Jul 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 12 Jul 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 29 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 8 Jul 2020 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Jaanus Vihand
    Board member · since 5 Oct 2022

Right of representation

Any member of the management board may represent the public limited company in all transactions.

Owners

No owner information.

Owner in

Beneficial owners

  • Carl Patrik Lundell
    Member of a senior management body (management or supervisory board) · FIN · since 8 May 2024

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 11051Manufacture of beer Main
  • 10321Manufacture of fruit and vegetable juice
  • 11031Manufacture of cider and other fermented fruit beverages
  • 11071Manufacture of soft drinks and bottled waters
  • 20141Manufacture of other organic basic chemicals
  • 46341Wholesale of alcoholic beverages
  • 46349Wholesale of other beverages
  • 46901Non-specialised wholesale trade
Rulings
Number, date Title Deadline State Document
Ä 20002844 / M10
30 Jun 2025
Ruling to correct data outside an entry 14 Jul 2025 Deficiencies eliminated
8 Jul 2025
PDF
Ä 20002844 / 23
5 Oct 2022
Amendment entry In force
5 Oct 2022
PDF
Ä 20002844 / M9
26 Sep 2022
Procedural ruling 10 Oct 2022 Deficiencies eliminated
5 Oct 2022
PDF
Ä 20002844 / 22
28 Feb 2020
Amendment entry In force
28 Feb 2020
PDF
Ä 20002844 / M8
7 Feb 2020
Procedural ruling In force
7 Feb 2020
PDF
Ä 20002844 / M7
24 Jan 2020
Ruling to correct data outside an entry 7 Feb 2020 In force
24 Jan 2020
PDF
Ä 20002844 / 21
13 Feb 2018
Amendment entry In force
13 Feb 2018
PDF
Ä 20002844 / 20
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20002844 / 19
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20002844 / 18
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20002844 / M6
17 Apr 2014
Ruling to correct data outside an entry 17 May 2014 In force
17 Apr 2014
PDF
Ä 20002844 / 17
28 Feb 2012
Amendment entry In force
28 Feb 2012
PDF
Ä 20002844 / 16
7 Nov 2011
Amendment entry In force
7 Nov 2011
PDF
Ä 2844 / 15
19 Aug 2009
Second (constitutive) merger entry In force
19 Aug 2009
PDF
Ä 2844 / M5
3 Jul 2009
Ruling to eliminate deficiencies 15 Aug 2009 In force
3 Jul 2009
PDF
Ä 2844 / 14
28 Dec 2008
Deletion of activities from the registry card In force
28 Dec 2008
PDF
Ä 2844 / M4
27 Aug 2007
Ruling to eliminate deficiencies (to be served) 29 Oct 2007 In force
30 Aug 2007
PDF
Ä 2844 / 13
18 Dec 2006
Amendment entry In force
18 Dec 2006
PDF
Ä 2844 / 12
12 May 2006
Second (constitutive) merger entry In force
12 May 2006
PDF
Ä 2844 / 11
22 Nov 2004
Entry decision on the register’s own initiative In force PDF
Ä 2844 / 10
22 Oct 2004
Amendment entry In force PDF
Ä 2844 / M3
12 Oct 2004
Ruling to eliminate deficiencies (to be served) In force PDF
Ä 2844 / 9
26 Mar 2002
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data