HOLTTEM AS

Active Registry code 10044317 AS Karksi-Nuia linn Registered 4 Jun 1996
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HOLTTEM AS is a AS based in Karksi-Nuia linn, registry code 10044317, status: active. Main activity: Manufacture of other builders’ joinery and carpentry of wood. According to EMTA, turnover for Q3 2026 was €4 850 819 with 112 employees.

Turnover
4 850 819 €
↓ 7.3% vs Q2 2026
State taxes
513 461 €
↑ 15.2% vs Q2 2026
Labour taxes
411 504 €
↑ 18.4% vs Q2 2026
Employees
112
−4 vs Q2 2026

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

Position in the industry Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials · EMTAK 16

  • Turnover · Q3 2026 4.9 mn €
    industry median 42 609 € · companies in the industry: 968
  • Labour taxes per employee 3 674 €
    industry median 1 604 € · companies in the industry: 774
  • Revenue · 2025 15.5 mn €
    industry median 44 569 € · companies in the industry: 1 338
  • Net profit margin · 2025 -10.7 %
    industry median 2.0 % · companies in the industry: 1 072

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 4 850 819 € · −7.3% vs Q2 2026 · industry median 42 609 € · above 95% of the industry
02 0004 0006 000Q4 2023 Company: 3 690 552 € Industry median: 43 427 €Q4·23Q1 2024 Company: 2 909 611 € Industry median: 39 178 €Q2 2024 Company: 4 188 180 € Industry median: 42 653 €Q2·24Q3 2024 Company: 3 284 770 € Industry median: 38 674 €Q4 2024 Company: 4 647 180 € Industry median: 45 211 €Q4·24Q1 2025 Company: 4 147 266 € Industry median: 37 584 €Q2 2025 Company: 4 923 481 € Industry median: 43 322 €Q2·25Q3 2025 Company: 3 807 527 € Industry median: 41 462 €Q4 2025 Company: 5 699 988 € Industry median: 42 366 €Q4·25Q1 2026 Company: 4 036 346 € Industry median: 42 117 €Q2 2026 Company: 5 234 148 € Industry median: 49 062 €Q2·26Q3 2026 Company: 4 850 819 € Industry median: 42 609 €Q3·2602 0004 0006 000Q4 2024 Company: 4 647 180 € Industry median: 45 211 €Q1 2025 Company: 4 147 266 € Industry median: 37 584 €Q1·25Q2 2025 Company: 4 923 481 € Industry median: 43 322 €Q3 2025 Company: 3 807 527 € Industry median: 41 462 €Q3·25Q4 2025 Company: 5 699 988 € Industry median: 42 366 €Q1 2026 Company: 4 036 346 € Industry median: 42 117 €Q1·26Q2 2026 Company: 5 234 148 € Industry median: 49 062 €Q3 2026 Company: 4 850 819 € Industry median: 42 609 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 674 € · +22.7% vs Q2 2026 · industry median 1 604 € · above 87% of the industry
01 0002 0003 0004 000Q4 2023 Company: 2 583 € Industry median: 1 444 €Q4·23Q1 2024 Company: 2 386 € Industry median: 1 344 €Q2 2024 Company: 2 571 € Industry median: 1 393 €Q2·24Q3 2024 Company: 3 059 € Industry median: 1 466 €Q4 2024 Company: 2 858 € Industry median: 1 526 €Q4·24Q1 2025 Company: 2 810 € Industry median: 1 531 €Q2 2025 Company: 2 957 € Industry median: 1 528 €Q2·25Q3 2025 Company: 3 633 € Industry median: 1 626 €Q4 2025 Company: 3 283 € Industry median: 1 635 €Q4·25Q1 2026 Company: 3 259 € Industry median: 1 561 €Q2 2026 Company: 2 995 € Industry median: 1 556 €Q2·26Q3 2026 Company: 3 674 € Industry median: 1 604 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 858 € Industry median: 1 526 €Q1 2025 Company: 2 810 € Industry median: 1 531 €Q1·25Q2 2025 Company: 2 957 € Industry median: 1 528 €Q3 2025 Company: 3 633 € Industry median: 1 626 €Q3·25Q4 2025 Company: 3 283 € Industry median: 1 635 €Q1 2026 Company: 3 259 € Industry median: 1 561 €Q1·26Q2 2026 Company: 2 995 € Industry median: 1 556 €Q3 2026 Company: 3 674 € Industry median: 1 604 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 112 · −3.4% vs Q2 2026
0255075100125Q4 2023 Company: 91Q4·23Q1 2024 Company: 103Q2 2024 Company: 104Q2·24Q3 2024 Company: 106Q4 2024 Company: 113Q4·24Q1 2025 Company: 122Q2 2025 Company: 123Q2·25Q3 2025 Company: 112Q4 2025 Company: 115Q4·25Q1 2026 Company: 116Q2 2026 Company: 116Q2·26Q3 2026 Company: 112Q3·260255075100125Q4 2024 Company: 113Q1 2025 Company: 122Q1·25Q2 2025 Company: 123Q3 2025 Company: 112Q3·25Q4 2025 Company: 115Q1 2026 Company: 116Q1·26Q2 2026 Company: 116Q3 2026 Company: 112Q3·26
State taxes, € thousand Q3 2026: 513 461 € · +15.2% vs Q2 2026
0200400600Q4 2023 Company: 188 112 €Q4·23Q1 2024 Company: 244 136 €Q2 2024 Company: 361 730 €Q2·24Q3 2024 Company: 447 700 €Q4 2024 Company: 408 251 €Q4·24Q1 2025 Company: 378 614 €Q2 2025 Company: 329 818 €Q2·25Q3 2025 Company: 470 760 €Q4 2025 Company: 372 318 €Q4·25Q1 2026 Company: 463 083 €Q2 2026 Company: 445 851 €Q2·26Q3 2026 Company: 513 461 €Q3·260200400600Q4 2024 Company: 408 251 €Q1 2025 Company: 378 614 €Q1·25Q2 2025 Company: 329 818 €Q3 2025 Company: 470 760 €Q3·25Q4 2025 Company: 372 318 €Q1 2026 Company: 463 083 €Q1·26Q2 2026 Company: 445 851 €Q3 2026 Company: 513 461 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 4 850 819 513 461 411 504 112
Q2 2026 5 234 148 445 851 347 471 116
Q1 2026 4 036 346 463 083 378 099 116
Q4 2025 5 699 988 372 318 377 525 115
Q3 2025 3 807 527 470 760 406 931 112
Q2 2025 4 923 481 329 818 363 735 123
Q1 2025 4 147 266 378 614 342 767 122
Q4 2024 4 647 180 408 251 322 950 113
Q3 2024 3 284 770 447 700 324 230 106
Q2 2024 4 188 180 361 730 267 384 104
Q1 2024 2 909 611 244 136 245 800 103
Q4 2023 3 690 552 188 112 235 022 91
Q3 2023 1 916 201 319 852 267 240 85
Q2 2023 3 188 416 215 228 227 775 94
Q1 2023 1 946 747 255 927 231 997 94
Q4 2022 2 270 417 307 100 299 070 94
Q3 2022 3 632 254 326 134 318 981 108
Q2 2022 6 813 010 565 019 392 516 121
Q1 2022 4 673 662 566 750 358 317 163
Labour taxes per employee per month
1 225 €
Turnover per employee in the quarter
43 311 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 15 548 271 € · +23.2% vs 2024 · industry median 44 569 € · above 98% of the industry
05 00010 00015 00020 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 8 717 031 € Industry median: 60 904 €20192020 Company: 8 724 911 € Industry median: 53 378 €20202021 Company: 15 339 257 € Industry median: 56 581 €20212022 Company: 12 544 047 € Industry median: 60 349 €20222023 Company: 8 808 770 € Industry median: 46 749 €20232024 Company: 12 624 268 € Industry median: 39 981 €20242025 Company: 15 548 271 € Industry median: 44 569 €202505 00010 00015 00020 0002018 Company: — Industry median: —2019 Company: 8 717 031 € Industry median: 60 904 €20192020 Company: 8 724 911 € Industry median: 53 378 €2021 Company: 15 339 257 € Industry median: 56 581 €20212022 Company: 12 544 047 € Industry median: 60 349 €2023 Company: 8 808 770 € Industry median: 46 749 €20232024 Company: 12 624 268 € Industry median: 39 981 €2025 Company: 15 548 271 € Industry median: 44 569 €2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -1 661 159 € · −15.2% vs 2024 · industry median 162 € · above 2% of the industry
-4 000-3 000-2 000-1 00001 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 5 986 € Industry median: 1 078 €20192020 Company: 15 588 € Industry median: 611 €20202021 Company: -510 041 € Industry median: 1 731 €20212022 Company: -786 003 € Industry median: 1 354 €20222023 Company: -3 563 311 € Industry median: 156 €20232024 Company: -1 442 237 € Industry median: 21 €20242025 Company: -1 661 159 € Industry median: 162 €2025-4 000-3 000-2 000-1 00001 0002018 Company: — Industry median: —2019 Company: 5 986 € Industry median: 1 078 €20192020 Company: 15 588 € Industry median: 611 €2021 Company: -510 041 € Industry median: 1 731 €20212022 Company: -786 003 € Industry median: 1 354 €2023 Company: -3 563 311 € Industry median: 156 €20232024 Company: -1 442 237 € Industry median: 21 €2025 Company: -1 661 159 € Industry median: 162 €2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -10.7 % · +0.7 pp vs the year before · industry median 2.0 % · above 19% of the industry
-50-40-30-20-100102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0.1 % Industry median: 3.8 %20192020 Company: 0.2 % Industry median: 3.5 %20202021 Company: -3.3 % Industry median: 5.3 %20212022 Company: -6.3 % Industry median: 5.2 %20222023 Company: -40.5 % Industry median: 2.4 %20232024 Company: -11.4 % Industry median: 1.6 %20242025 Company: -10.7 % Industry median: 2.0 %2025-50-40-30-20-100102018 Company: — Industry median: —2019 Company: 0.1 % Industry median: 3.8 %20192020 Company: 0.2 % Industry median: 3.5 %2021 Company: -3.3 % Industry median: 5.3 %20212022 Company: -6.3 % Industry median: 5.2 %2023 Company: -40.5 % Industry median: 2.4 %20232024 Company: -11.4 % Industry median: 1.6 %2025 Company: -10.7 % Industry median: 2.0 %2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 27 840 844 € · +1.5% vs 2024
010 00020 00030 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 19 309 758 €20192020 Company: 21 352 166 €20202021 Company: 26 199 248 €20212022 Company: 27 701 982 €20222023 Company: 27 389 758 €20232024 Company: 27 429 458 €20242025 Company: 27 840 844 €2025010 00020 00030 0002018 Company: —2019 Company: 19 309 758 €20192020 Company: 21 352 166 €2021 Company: 26 199 248 €20212022 Company: 27 701 982 €2023 Company: 27 389 758 €20232024 Company: 27 429 458 €2025 Company: 27 840 844 €2025
Equity, € thousand 2025: 1 315 055 € · −55.8% vs 2024
02 0004 0006 0008 00010 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 9 442 104 €20192020 Company: 9 326 747 €20202021 Company: 8 816 706 €20212022 Company: 8 030 703 €20222023 Company: 4 418 451 €20232024 Company: 2 976 214 €20242025 Company: 1 315 055 €202502 0004 0006 0008 00010 0002018 Company: —2019 Company: 9 442 104 €20192020 Company: 9 326 747 €2021 Company: 8 816 706 €20212022 Company: 8 030 703 €2023 Company: 4 418 451 €20232024 Company: 2 976 214 €2025 Company: 1 315 055 €2025
Employees 2025: 119 · +13.3% vs 2024 · industry median 3 · above 98% of the industry
0501001502002016 Company: 147 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 420182019 Company: 0 Industry median: 420192020 Company: 136 Industry median: 420202021 Company: 165 Industry median: 420212022 Company: 0 Industry median: 420222023 Company: 0 Industry median: 320232024 Company: 105 Industry median: 320242025 Company: 119 Industry median: 320250501001502002018 Company: 0 Industry median: 42019 Company: 0 Industry median: 420192020 Company: 136 Industry median: 42021 Company: 165 Industry median: 420212022 Company: 0 Industry median: 42023 Company: 0 Industry median: 320232024 Company: 105 Industry median: 32025 Company: 119 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (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 15 548 271 -1 661 159 3 577 085 27 840 844 1 315 055 119
2024 12 624 268 -1 442 237 3 152 685 27 429 458 2 976 214 105
2023 8 808 770 -3 563 311 2 533 600 27 389 758 4 418 451 0
2022 12 544 047 -786 003 3 393 432 27 701 982 8 030 703 0
2021 15 339 257 -510 041 3 238 816 26 199 248 8 816 706 165
2020 8 724 911 15 588 2 235 799 21 352 166 9 326 747 136
2019 8 717 031 5 986 2 268 643 19 309 758 9 442 104 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 147
2015 — — — — — 154
2014 — — — — — 0
2013 — — — — — 147
2012 — — — — — 0
2011 — — — — — 117
2010 — — — — — 112
2008 — — — — — 106
2007 — — — — — 109
2006 — — — — — 131
2005 — — — — — 158
2004 — — — — — 178
2003 — — — — — 185
2002 — — — — — 190
2001 — — — — — 189
2000 — — — — — 178
1999 — — — — — 160
1998 — — — — — 134
1997 — — — — — 120

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
-10.7 %
Net profit / revenue
Return on equity (ROE)
-126.3 %
Net profit / equity
Return on assets (ROA)
-6.0 %
Net profit / assets
Equity ratio
4.7 %
Equity / assets
Debt ratio
95.3 %
Liabilities / assets
Current ratio
0.56
Current assets / current liabilities
Revenue per employee
130 658 €
Revenue / average full-time employees
Labour cost per employee per month
2 505 €
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 30 Sep 2026 Consolidated · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 11 Jun 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 9 Oct 2024 Consolidated · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 Jun 2023 Consolidated · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 13 Jun 2022 Consolidated · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 19 May 2021 Consolidated · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 16 Jul 2020 Consolidated · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
8 2 500 000 € Swedbank AS 10 Jun 2016 – in force
7 1 499 884 € Swedbank AS 1 Dec 2015 – in force
6 5 000 000 EEK Swedbank AS 2 Jan 2006 – in force
5 2 000 000 EEK Swedbank AS 2 Jan 2006 – in force
4 3 000 000 EEK Swedbank AS 2 Jan 2006 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Mikk Kullamaa
    Board member · since 8 Jul 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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 16239Manufacture of other builders’ joinery and carpentry of wood Main
  • 16111Sawmilling and planing of wood
  • 16212Manufacture of particle boards and fibreboard
  • 35301Steam and air conditioning supply
Rulings
Number, date Title Deadline State Document
Ä 20034247 / M9
12 Aug 2026
Procedural ruling 31 Oct 2026 Deficiencies eliminated
6 Oct 2026
PDF
Ä 20034247 / M8
11 Aug 2026
Fine for not filing the report 26 Aug 2026 In force
28 Aug 2026
PDF
Ä 20034247 / 28
29 Jul 2026
Amendment entry In force
29 Jul 2026
PDF
Ä 20034247 / M7
6 Jul 2026
Warning of a fine: annual report not filed 5 Aug 2026 Deficiencies eliminated
6 Oct 2026
PDF
Ä 20034247 / M6
6 Oct 2025
Ruling to correct data outside an entry 20 Oct 2025 Deficiencies eliminated
21 Oct 2025
PDF
Ä 20034247 / M5
9 Sep 2024
Fine for not filing the report 25 Sep 2024 In force
26 Sep 2024
PDF
Ä 20034247 / M4
7 Jul 2024
Warning of a fine: annual report not filed 6 Aug 2024 In force
7 Jul 2024
PDF
Ä 20034247 / 27
17 Apr 2024
Amendment entry In force
17 Apr 2024
PDF
Ä 20034247 / 26
29 Nov 2022
Amendment entry In force
29 Nov 2022
PDF
Ä 20034247 / 25
8 Jul 2022
Amendment entry In force
8 Jul 2022
PDF
Ä 20034247 / 24
17 Feb 2022
Amendment under Commercial Code § 525 (2) In force
17 Feb 2022
PDF
Ä 20034247 / 23
7 Sep 2021
Amendment entry In force
7 Sep 2021
PDF
Ä 20034247 / M3
1 Sep 2021
Ruling to eliminate deficiencies 1 Oct 2021 Deficiencies eliminated
7 Sep 2021
PDF
Ä 20034247 / M2
30 Aug 2021
Ruling to eliminate deficiencies 29 Sep 2021 Deficiencies eliminated
7 Sep 2021
PDF
Ä 20034247 / 22
8 Jul 2021
Amendment entry In force
8 Jul 2021
PDF
Ä 20034247 / 21
2 Jun 2021
Amendment entry In force
2 Jun 2021
PDF
Ä 20034247 / 20
28 Dec 2020
Amendment entry In force
28 Dec 2020
PDF
K 20034247 / 19
24 Aug 2018
Commercial pledge amended In force
24 Aug 2018
PDF
K 20034247 / 18
24 Aug 2018
Commercial pledge amended In force
24 Aug 2018
PDF
K 20034247 / 17
24 Aug 2018
Commercial pledge amended In force
24 Aug 2018
PDF
K 20034247 / 16
24 Aug 2018
Commercial pledge amended In force
24 Aug 2018
PDF
K 20034247 / 15
24 Aug 2018
Commercial pledge amended In force
24 Aug 2018
PDF
Ä 20034247 / 14
1 Aug 2018
Amendment entry In force
1 Aug 2018
PDF
Ä 20034247 / 13
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20034247 / 12
6 Dec 2017
Amendment entry In force
6 Dec 2017
PDF
Ä 20034247 / 11
4 Dec 2017
Amendment entry In force
4 Dec 2017
PDF
Ä 20034247 / 10
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
K 20034247 / 9
10 Jun 2016
Commercial pledge entered In force
10 Jun 2016
PDF
K 20034247 / 8
1 Dec 2015
Commercial pledge entered In force
1 Dec 2015
PDF
K 20034247 / 7
1 Dec 2015
Commercial pledge amended In force
1 Dec 2015
PDF
K 20034247 / 6
1 Dec 2015
Commercial pledge amended In force
1 Dec 2015
PDF
K 20034247 / 5
1 Dec 2015
Commercial pledge amended In force
1 Dec 2015
PDF
Ä 20034247 / 4
15 Aug 2012
Entry refused: deficiencies not eliminated In force
16 Aug 2012
PDF
Ä 20034247 / M1
15 Jun 2012
Ruling to eliminate deficiencies 15 Jul 2012 In force
15 Jun 2012
PDF
Ä 20034247 / 3
31 Mar 2011
Amendment entry In force
31 Mar 2011
PDF
Ä 34247 / 2
3 Dec 2008
Deletion of activities from the registry card In force
29 Dec 2008
PDF
Ä 516 / 9
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
Ä 34247
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
K 5936 / 9
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
K 5936 / 11
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
K 5936 / 10
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
K 34248 / 3
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
K 34248 / 2
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
K 34248
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
K 5936 / 8
8 Dec 2005
Entry decision on the register’s own initiative In force PDF
K 5936 / 7
8 Dec 2005
Entry decision on the register’s own initiative In force PDF
K 5936 / 6
7 Dec 2005
Entry decision on the register’s own initiative In force PDF
Ä 516 / 5
7 Jan 2003
Unpublished amendment entry In force PDF
Ä 516 / 4
26 Nov 2002
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data