aktsiaselts FÖRMANN NT

Active Registry code 10086633 AS Vastseliina alevik Registered 10 Sep 1996
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aktsiaselts FÖRMANN NT is a AS based in Vastseliina alevik, registry code 10086633, status: active. Main activity: Sawmilling and planing of wood. According to EMTA, turnover for Q3 2026 was €1 615 539 with 40 employees.

Turnover
1 615 539 €
↓ 23.5% vs Q2 2026
State taxes
226 559 €
↓ 16.9% vs Q2 2026
Labour taxes
101 496 €
↑ 18.0% vs Q2 2026
Employees
40
−2 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 1.6 mn €
    industry median 42 609 € · companies in the industry: 968
  • Labour taxes per employee 2 537 €
    industry median 1 604 € · companies in the industry: 774
  • Revenue · 2025 6.8 mn €
    industry median 44 569 € · companies in the industry: 1 338
  • Net profit margin · 2025 8.4 %
    industry median 2.0 % · companies in the industry: 1 072

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 615 539 € · −23.5% vs Q2 2026 · industry median 42 609 € · above 90% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 370 692 € Industry median: 43 427 €Q4·23Q1 2024 Company: 1 253 849 € Industry median: 39 178 €Q2 2024 Company: 2 040 568 € Industry median: 42 653 €Q2·24Q3 2024 Company: 1 422 901 € Industry median: 38 674 €Q4 2024 Company: 1 843 008 € Industry median: 45 211 €Q4·24Q1 2025 Company: 1 814 797 € Industry median: 37 584 €Q2 2025 Company: 2 234 848 € Industry median: 43 322 €Q2·25Q3 2025 Company: 1 834 609 € Industry median: 41 462 €Q4 2025 Company: 1 966 222 € Industry median: 42 366 €Q4·25Q1 2026 Company: 1 841 416 € Industry median: 42 117 €Q2 2026 Company: 2 113 134 € Industry median: 49 062 €Q2·26Q3 2026 Company: 1 615 539 € Industry median: 42 609 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 843 008 € Industry median: 45 211 €Q1 2025 Company: 1 814 797 € Industry median: 37 584 €Q1·25Q2 2025 Company: 2 234 848 € Industry median: 43 322 €Q3 2025 Company: 1 834 609 € Industry median: 41 462 €Q3·25Q4 2025 Company: 1 966 222 € Industry median: 42 366 €Q1 2026 Company: 1 841 416 € Industry median: 42 117 €Q1·26Q2 2026 Company: 2 113 134 € Industry median: 49 062 €Q3 2026 Company: 1 615 539 € 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: 2 537 € · +23.9% vs Q2 2026 · industry median 1 604 € · above 71% of the industry
01 0002 0003 000Q4 2023 Company: 1 872 € Industry median: 1 444 €Q4·23Q1 2024 Company: 1 803 € Industry median: 1 344 €Q2 2024 Company: 1 883 € Industry median: 1 393 €Q2·24Q3 2024 Company: 2 149 € Industry median: 1 466 €Q4 2024 Company: 1 938 € Industry median: 1 526 €Q4·24Q1 2025 Company: 2 045 € Industry median: 1 531 €Q2 2025 Company: 2 050 € Industry median: 1 528 €Q2·25Q3 2025 Company: 2 240 € Industry median: 1 626 €Q4 2025 Company: 2 355 € Industry median: 1 635 €Q4·25Q1 2026 Company: 2 160 € Industry median: 1 561 €Q2 2026 Company: 2 047 € Industry median: 1 556 €Q2·26Q3 2026 Company: 2 537 € Industry median: 1 604 €Q3·2601 0002 0003 000Q4 2024 Company: 1 938 € Industry median: 1 526 €Q1 2025 Company: 2 045 € Industry median: 1 531 €Q1·25Q2 2025 Company: 2 050 € Industry median: 1 528 €Q3 2025 Company: 2 240 € Industry median: 1 626 €Q3·25Q4 2025 Company: 2 355 € Industry median: 1 635 €Q1 2026 Company: 2 160 € Industry median: 1 561 €Q1·26Q2 2026 Company: 2 047 € Industry median: 1 556 €Q3 2026 Company: 2 537 € 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: 40 · −4.8% vs Q2 2026
01020304050Q4 2023 Company: 40Q4·23Q1 2024 Company: 44Q2 2024 Company: 44Q2·24Q3 2024 Company: 43Q4 2024 Company: 43Q4·24Q1 2025 Company: 45Q2 2025 Company: 43Q2·25Q3 2025 Company: 45Q4 2025 Company: 41Q4·25Q1 2026 Company: 42Q2 2026 Company: 42Q2·26Q3 2026 Company: 40Q3·2601020304050Q4 2024 Company: 43Q1 2025 Company: 45Q1·25Q2 2025 Company: 43Q3 2025 Company: 45Q3·25Q4 2025 Company: 41Q1 2026 Company: 42Q1·26Q2 2026 Company: 42Q3 2026 Company: 40Q3·26
State taxes, € thousand Q3 2026: 226 559 € · −16.9% vs Q2 2026
0100200300Q4 2023 Company: 93 478 €Q4·23Q1 2024 Company: 91 619 €Q2 2024 Company: 253 805 €Q2·24Q3 2024 Company: 209 649 €Q4 2024 Company: 100 083 €Q4·24Q1 2025 Company: 128 427 €Q2 2025 Company: 271 871 €Q2·25Q3 2025 Company: 258 527 €Q4 2025 Company: 103 518 €Q4·25Q1 2026 Company: 169 005 €Q2 2026 Company: 272 577 €Q2·26Q3 2026 Company: 226 559 €Q3·260100200300Q4 2024 Company: 100 083 €Q1 2025 Company: 128 427 €Q1·25Q2 2025 Company: 271 871 €Q3 2025 Company: 258 527 €Q3·25Q4 2025 Company: 103 518 €Q1 2026 Company: 169 005 €Q1·26Q2 2026 Company: 272 577 €Q3 2026 Company: 226 559 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 615 539 226 559 101 496 40
Q2 2026 2 113 134 272 577 85 989 42
Q1 2026 1 841 416 169 005 90 701 42
Q4 2025 1 966 222 103 518 96 564 41
Q3 2025 1 834 609 258 527 100 808 45
Q2 2025 2 234 848 271 871 88 149 43
Q1 2025 1 814 797 128 427 92 038 45
Q4 2024 1 843 008 100 083 83 318 43
Q3 2024 1 422 901 209 649 92 401 43
Q2 2024 2 040 568 253 805 82 831 44
Q1 2024 1 253 849 91 619 79 347 44
Q4 2023 1 370 692 93 478 74 874 40
Q3 2023 1 242 234 149 497 82 563 43
Q2 2023 1 984 944 125 772 76 140 43
Q1 2023 1 169 622 114 909 75 557 44
Q4 2022 1 710 393 105 953 72 933 43
Q3 2022 2 027 295 231 503 88 017 48
Q2 2022 2 725 259 275 717 77 510 48
Q1 2022 1 437 694 90 601 70 160 51
Labour taxes per employee per month
846 €
Turnover per employee in the quarter
40 388 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 6 832 202 € · +5.4% vs 2024 · industry median 44 569 € · above 93% of the industry
02 0004 0006 0008 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4 568 443 € Industry median: 60 904 €20192020 Company: 4 536 897 € Industry median: 53 378 €20202021 Company: 6 987 376 € Industry median: 56 581 €20212022 Company: 7 442 267 € Industry median: 60 349 €20222023 Company: 5 500 798 € Industry median: 46 749 €20232024 Company: 6 482 943 € Industry median: 39 981 €20242025 Company: 6 832 202 € Industry median: 44 569 €202502 0004 0006 0008 0002018 Company: — Industry median: —2019 Company: 4 568 443 € Industry median: 60 904 €20192020 Company: 4 536 897 € Industry median: 53 378 €2021 Company: 6 987 376 € Industry median: 56 581 €20212022 Company: 7 442 267 € Industry median: 60 349 €2023 Company: 5 500 798 € Industry median: 46 749 €20232024 Company: 6 482 943 € Industry median: 39 981 €2025 Company: 6 832 202 € 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: 573 468 € · −31.2% vs 2024 · industry median 162 € · above 98% of the industry
05001 0001 5002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 59 840 € Industry median: 1 078 €20192020 Company: 339 036 € Industry median: 611 €20202021 Company: 1 613 298 € Industry median: 1 731 €20212022 Company: 1 278 904 € Industry median: 1 354 €20222023 Company: 148 994 € Industry median: 156 €20232024 Company: 834 123 € Industry median: 21 €20242025 Company: 573 468 € Industry median: 162 €202505001 0001 5002 0002018 Company: — Industry median: —2019 Company: 59 840 € Industry median: 1 078 €20192020 Company: 339 036 € Industry median: 611 €2021 Company: 1 613 298 € Industry median: 1 731 €20212022 Company: 1 278 904 € Industry median: 1 354 €2023 Company: 148 994 € Industry median: 156 €20232024 Company: 834 123 € Industry median: 21 €2025 Company: 573 468 € 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: 8.4 % · −4.5 pp vs the year before · industry median 2.0 % · above 70% of the industry
05101520252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1.3 % Industry median: 3.8 %20192020 Company: 7.5 % Industry median: 3.5 %20202021 Company: 23.1 % Industry median: 5.3 %20212022 Company: 17.2 % Industry median: 5.2 %20222023 Company: 2.7 % Industry median: 2.4 %20232024 Company: 12.9 % Industry median: 1.6 %20242025 Company: 8.4 % Industry median: 2.0 %202505101520252018 Company: — Industry median: —2019 Company: 1.3 % Industry median: 3.8 %20192020 Company: 7.5 % Industry median: 3.5 %2021 Company: 23.1 % Industry median: 5.3 %20212022 Company: 17.2 % Industry median: 5.2 %2023 Company: 2.7 % Industry median: 2.4 %20232024 Company: 12.9 % Industry median: 1.6 %2025 Company: 8.4 % 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: 8 530 181 € · +7.2% vs 2024
02 0004 0006 0008 00010 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 4 291 975 €20192020 Company: 4 728 816 €20202021 Company: 6 238 780 €20212022 Company: 7 525 175 €20222023 Company: 7 353 924 €20232024 Company: 7 956 355 €20242025 Company: 8 530 181 €202502 0004 0006 0008 00010 0002018 Company: —2019 Company: 4 291 975 €20192020 Company: 4 728 816 €2021 Company: 6 238 780 €20212022 Company: 7 525 175 €2023 Company: 7 353 924 €20232024 Company: 7 956 355 €2025 Company: 8 530 181 €2025
Equity, € thousand 2025: 8 074 247 € · +7.6% vs 2024
02 0004 0006 0008 00010 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 3 342 424 €20192020 Company: 3 681 460 €20202021 Company: 5 294 758 €20212022 Company: 6 543 662 €20222023 Company: 6 692 656 €20232024 Company: 7 506 779 €20242025 Company: 8 074 247 €202502 0004 0006 0008 00010 0002018 Company: —2019 Company: 3 342 424 €20192020 Company: 3 681 460 €2021 Company: 5 294 758 €20212022 Company: 6 543 662 €2023 Company: 6 692 656 €20232024 Company: 7 506 779 €2025 Company: 8 074 247 €2025
Employees 2025: 41 · −2.4% vs 2024 · industry median 3 · above 90% of the industry
02040602016 Company: 52 Industry median: —20162017 Company: 48 Industry median: —20172018 Company: 47 Industry median: 420182019 Company: 48 Industry median: 420192020 Company: 48 Industry median: 420202021 Company: 46 Industry median: 420212022 Company: 43 Industry median: 420222023 Company: 41 Industry median: 320232024 Company: 42 Industry median: 320242025 Company: 41 Industry median: 32025010203040502018 Company: 47 Industry median: 42019 Company: 48 Industry median: 420192020 Company: 48 Industry median: 42021 Company: 46 Industry median: 420212022 Company: 43 Industry median: 42023 Company: 41 Industry median: 320232024 Company: 42 Industry median: 32025 Company: 41 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 6 832 202 573 468 976 807 8 530 181 8 074 247 41
2024 6 482 943 834 123 941 897 7 956 355 7 506 779 42
2023 5 500 798 148 994 848 089 7 353 924 6 692 656 41
2022 7 442 267 1 278 904 842 003 7 525 175 6 543 662 43
2021 6 987 376 1 613 298 761 844 6 238 780 5 294 758 46
2020 4 536 897 339 036 712 150 4 728 816 3 681 460 48
2019 4 568 443 59 840 671 223 4 291 975 3 342 424 48
2018 — — — — — 47
2017 — — — — — 48
2016 — — — — — 52
2015 — — — — — 55
2014 — — — — — 52
2013 — — — — — 54
2012 — — — — — 52
2011 — — — — — 53
2010 — — — — — 53
2009 — — — — — 53
2007 — — — — — 51
2006 — — — — — 57
2005 — — — — — 67
2004 — — — — — 66
2003 — — — — — 68
2002 — — — — — 68
2001 — — — — — 66
2000 — — — — — 62
1999 — — — — — 59
1998 — — — — — 56
1997 — — — — — 62

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
8.3 %
Net profit / revenue
Return on equity (ROE)
7.1 %
Net profit / equity
Return on assets (ROA)
6.7 %
Net profit / assets
Equity ratio
94.7 %
Equity / assets
Debt ratio
5.3 %
Liabilities / assets
Current ratio
8.37
Current assets / current liabilities
Revenue per employee
169 124 €
Revenue / average full-time employees
Labour cost per employee per month
1 985 €
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 16 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 18 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 21 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 15 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 10 May 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Apr 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 23 Apr 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 305 000 € OP Corporate Bank plc 5 Sep 2019 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Taavi Nassar
    Board member · since 12 Jul 2018

Right of representation

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

Owners

No owner information.

Beneficial owners

  • Hele Nassar
    Member of a senior management body (management or supervisory board) · since 16 Oct 2018
  • HENNI NASSAR
    Direct ownership · since 16 Oct 2018
  • Kädi Nassar
    Member of a senior management body (management or supervisory board) · since 16 Oct 2018
  • Taavi Nassar
    Member of a senior management body (management or supervisory board) · since 16 Oct 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 16111Sawmilling and planing of wood Main
  • 49411Freight transport by road
Rulings
Number, date Title Deadline State Document
K 20002000 / 19
14 Jan 2022
Commercial pledge amended In force
14 Jan 2022
PDF
K 20002000 / 18
14 Jan 2022
Commercial pledge deleted In force
14 Jan 2022
PDF
K 20002000 / 17
7 Oct 2020
Commercial pledge amended In force
7 Oct 2020
PDF
K 20002000 / 16
7 Oct 2020
Commercial pledge amended In force
7 Oct 2020
PDF
K 20002000 / 15
5 Sep 2019
Commercial pledge entered In force
5 Sep 2019
PDF
Ä 20002000 / 14
12 Jul 2018
Amendment entry In force
12 Jul 2018
PDF
Ä 20002000 / M5
27 Jun 2018
Ruling to correct data outside an entry 27 Jul 2018 Deficiencies eliminated
5 Jul 2018
PDF
Ä 20002000 / M4
27 Jun 2018
Ruling to eliminate deficiencies 27 Jul 2018 Deficiencies eliminated
12 Jul 2018
PDF
Ä 20002000 / 13
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20002000 / 12
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 20002000 / 11
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20002000 / 10
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
K 20002000 / 9
2 May 2016
Commercial pledge amended In force
2 May 2016
PDF
Ä 20002000 / M3
24 Apr 2012
Ruling to eliminate deficiencies 8 May 2012 Deficiencies eliminated
24 Apr 2012
PDF
Ä 20002000 / 8
12 Sep 2011
Amendment entry In force
12 Sep 2011
PDF
Ä 20002000 / M2
15 Aug 2011
Ruling to eliminate deficiencies 15 Sep 2011 In force
15 Aug 2011
PDF
Ä 20002000 / 7
2 May 2011
Amendment under Commercial Code § 525 (2) In force
2 May 2011
PDF
Ä 2000 / 6
3 Dec 2008
Deletion of activities from the registry card In force
23 Dec 2008
PDF
K 12768 / 3
9 Dec 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
Ä 2000 / 5
2 Dec 2004
Amendment entry In force PDF
Ä 2000 / 4
27 Nov 2002
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data