Aktsiaselts Fors MW

Active Registry code 10094723 AS Saue linn Registered 29 Oct 1996
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Aktsiaselts Fors MW is a AS based in Saue linn, registry code 10094723, status: active. Main activity: Manufacture of agricultural machinery. According to EMTA, turnover for Q3 2026 was €4 746 057 with 126 employees.

Turnover
4 746 057 €
↓ 31.7% vs Q2 2026
State taxes
573 260 €
↓ 2.8% vs Q2 2026
Labour taxes
474 878 €
↑ 3.6% vs Q2 2026
Employees
126
+2 vs Q2 2026

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

Position in the industry Manufacture of machinery and equipment n.e.c. · EMTAK 28

  • Turnover · Q3 2026 4.7 mn €
    industry median 130 544 € · companies in the industry: 217
  • Labour taxes per employee 3 769 €
    industry median 3 287 € · companies in the industry: 159
  • Revenue · 2025 17.7 mn €
    industry median 111 300 € · companies in the industry: 279
  • Net profit margin · 2025 1.2 %
    industry median 3.0 % · companies in the industry: 216

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 4 746 057 € · −31.7% vs Q2 2026 · industry median 130 544 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 6 948 203 € Industry median: 169 313 €Q4·23Q1 2024 Company: 5 170 528 € Industry median: 104 294 €Q2 2024 Company: 5 269 612 € Industry median: 149 915 €Q2·24Q3 2024 Company: 4 258 729 € Industry median: 116 819 €Q4 2024 Company: 5 003 993 € Industry median: 125 620 €Q4·24Q1 2025 Company: 4 706 115 € Industry median: 107 376 €Q2 2025 Company: 6 522 798 € Industry median: 120 320 €Q2·25Q3 2025 Company: 4 690 711 € Industry median: 113 462 €Q4 2025 Company: 6 063 137 € Industry median: 118 117 €Q4·25Q1 2026 Company: 5 525 853 € Industry median: 121 481 €Q2 2026 Company: 6 951 289 € Industry median: 134 270 €Q2·26Q3 2026 Company: 4 746 057 € Industry median: 130 544 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 5 003 993 € Industry median: 125 620 €Q1 2025 Company: 4 706 115 € Industry median: 107 376 €Q1·25Q2 2025 Company: 6 522 798 € Industry median: 120 320 €Q3 2025 Company: 4 690 711 € Industry median: 113 462 €Q3·25Q4 2025 Company: 6 063 137 € Industry median: 118 117 €Q1 2026 Company: 5 525 853 € Industry median: 121 481 €Q1·26Q2 2026 Company: 6 951 289 € Industry median: 134 270 €Q3 2026 Company: 4 746 057 € Industry median: 130 544 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 769 € · +2.0% vs Q2 2026 · industry median 3 287 € · above 63% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 974 € Industry median: 2 757 €Q4·23Q1 2024 Company: 3 681 € Industry median: 2 612 €Q2 2024 Company: 3 193 € Industry median: 2 939 €Q2·24Q3 2024 Company: 3 741 € Industry median: 2 942 €Q4 2024 Company: 3 581 € Industry median: 2 826 €Q4·24Q1 2025 Company: 3 610 € Industry median: 3 204 €Q2 2025 Company: 4 098 € Industry median: 3 161 €Q2·25Q3 2025 Company: 4 080 € Industry median: 3 238 €Q4 2025 Company: 3 801 € Industry median: 3 419 €Q4·25Q1 2026 Company: 3 644 € Industry median: 3 110 €Q2 2026 Company: 3 695 € Industry median: 3 050 €Q2·26Q3 2026 Company: 3 769 € Industry median: 3 287 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 3 581 € Industry median: 2 826 €Q1 2025 Company: 3 610 € Industry median: 3 204 €Q1·25Q2 2025 Company: 4 098 € Industry median: 3 161 €Q3 2025 Company: 4 080 € Industry median: 3 238 €Q3·25Q4 2025 Company: 3 801 € Industry median: 3 419 €Q1 2026 Company: 3 644 € Industry median: 3 110 €Q1·26Q2 2026 Company: 3 695 € Industry median: 3 050 €Q3 2026 Company: 3 769 € Industry median: 3 287 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 126 · +1.6% vs Q2 2026
050100150Q4 2023 Company: 109Q4·23Q1 2024 Company: 111Q2 2024 Company: 122Q2·24Q3 2024 Company: 121Q4 2024 Company: 121Q4·24Q1 2025 Company: 122Q2 2025 Company: 120Q2·25Q3 2025 Company: 121Q4 2025 Company: 123Q4·25Q1 2026 Company: 124Q2 2026 Company: 124Q2·26Q3 2026 Company: 126Q3·26050100150Q4 2024 Company: 121Q1 2025 Company: 122Q1·25Q2 2025 Company: 120Q3 2025 Company: 121Q3·25Q4 2025 Company: 123Q1 2026 Company: 124Q1·26Q2 2026 Company: 124Q3 2026 Company: 126Q3·26
State taxes, € thousand Q3 2026: 573 260 € · −2.8% vs Q2 2026
0200400600800Q4 2023 Company: 526 151 €Q4·23Q1 2024 Company: 485 560 €Q2 2024 Company: 538 213 €Q2·24Q3 2024 Company: 553 376 €Q4 2024 Company: 546 550 €Q4·24Q1 2025 Company: 568 776 €Q2 2025 Company: 598 467 €Q2·25Q3 2025 Company: 642 594 €Q4 2025 Company: 574 765 €Q4·25Q1 2026 Company: 604 178 €Q2 2026 Company: 589 969 €Q2·26Q3 2026 Company: 573 260 €Q3·260200400600800Q4 2024 Company: 546 550 €Q1 2025 Company: 568 776 €Q1·25Q2 2025 Company: 598 467 €Q3 2025 Company: 642 594 €Q3·25Q4 2025 Company: 574 765 €Q1 2026 Company: 604 178 €Q1·26Q2 2026 Company: 589 969 €Q3 2026 Company: 573 260 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 4 746 057 573 260 474 878 126
Q2 2026 6 951 289 589 969 458 197 124
Q1 2026 5 525 853 604 178 451 829 124
Q4 2025 6 063 137 574 765 467 562 123
Q3 2025 4 690 711 642 594 493 648 121
Q2 2025 6 522 798 598 467 491 714 120
Q1 2025 4 706 115 568 776 440 372 122
Q4 2024 5 003 993 546 550 433 245 121
Q3 2024 4 258 729 553 376 452 621 121
Q2 2024 5 269 612 538 213 389 574 122
Q1 2024 5 170 528 485 560 408 551 111
Q4 2023 6 948 203 526 151 433 128 109
Q3 2023 6 240 109 570 415 435 798 125
Q2 2023 7 172 245 569 694 409 913 127
Q1 2023 6 674 792 577 621 423 541 119
Q4 2022 8 058 118 552 732 410 340 119
Q3 2022 5 026 481 601 891 392 181 120
Q2 2022 7 647 713 557 785 392 636 116
Q1 2022 5 825 822 617 117 407 469 120
Labour taxes per employee per month
1 256 €
Turnover per employee in the quarter
37 667 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 17 727 091 € · +15.0% vs 2024 · industry median 111 300 € · above 98% of the industry
05 00010 00015 00020 00025 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 17 257 835 € Industry median: 219 409 €20192020 Company: 15 251 866 € Industry median: 181 444 €20202021 Company: 18 850 523 € Industry median: 156 036 €20212022 Company: 20 426 392 € Industry median: 131 130 €20222023 Company: 22 034 343 € Industry median: 122 716 €20232024 Company: 15 413 198 € Industry median: 128 580 €20242025 Company: 17 727 091 € Industry median: 111 300 €202505 00010 00015 00020 00025 0002018 Company: — Industry median: —2019 Company: 17 257 835 € Industry median: 219 409 €20192020 Company: 15 251 866 € Industry median: 181 444 €2021 Company: 18 850 523 € Industry median: 156 036 €20212022 Company: 20 426 392 € Industry median: 131 130 €2023 Company: 22 034 343 € Industry median: 122 716 €20232024 Company: 15 413 198 € Industry median: 128 580 €2025 Company: 17 727 091 € Industry median: 111 300 €2025
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 205 769 € · +383.4% vs 2024 · industry median 685 € · above 90% of the industry
05001 0001 5002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 182 983 € Industry median: 6 767 €20192020 Company: 1 041 640 € Industry median: 5 345 €20202021 Company: 1 571 001 € Industry median: 6 468 €20212022 Company: 35 645 € Industry median: 2 794 €20222023 Company: 1 355 456 € Industry median: 1 070 €20232024 Company: 42 565 € Industry median: 0 €20242025 Company: 205 769 € Industry median: 685 €202505001 0001 5002 0002018 Company: — Industry median: —2019 Company: 182 983 € Industry median: 6 767 €20192020 Company: 1 041 640 € Industry median: 5 345 €2021 Company: 1 571 001 € Industry median: 6 468 €20212022 Company: 35 645 € Industry median: 2 794 €2023 Company: 1 355 456 € Industry median: 1 070 €20232024 Company: 42 565 € Industry median: 0 €2025 Company: 205 769 € Industry median: 685 €2025
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 1.2 % · +0.9 pp vs the year before · industry median 3.0 % · above 40% of the industry
02468102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1.1 % Industry median: 5.8 %20192020 Company: 6.8 % Industry median: 6.7 %20202021 Company: 8.3 % Industry median: 6.2 %20212022 Company: 0.2 % Industry median: 4.6 %20222023 Company: 6.2 % Industry median: 4.9 %20232024 Company: 0.3 % Industry median: 3.3 %20242025 Company: 1.2 % Industry median: 3.0 %202502468102018 Company: — Industry median: —2019 Company: 1.1 % Industry median: 5.8 %20192020 Company: 6.8 % Industry median: 6.7 %2021 Company: 8.3 % Industry median: 6.2 %20212022 Company: 0.2 % Industry median: 4.6 %2023 Company: 6.2 % Industry median: 4.9 %20232024 Company: 0.3 % Industry median: 3.3 %2025 Company: 1.2 % Industry median: 3.0 %2025
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 16 705 723 € · +2.2% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 15 366 943 €20192020 Company: 15 124 948 €20202021 Company: 16 954 725 €20212022 Company: 16 556 226 €20222023 Company: 16 879 013 €20232024 Company: 16 341 719 €20242025 Company: 16 705 723 €202505 00010 00015 00020 0002018 Company: —2019 Company: 15 366 943 €20192020 Company: 15 124 948 €2021 Company: 16 954 725 €20212022 Company: 16 556 226 €2023 Company: 16 879 013 €20232024 Company: 16 341 719 €2025 Company: 16 705 723 €2025
Equity, € thousand 2025: 14 409 990 € · +1.4% vs 2024
05 00010 00015 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 10 793 914 €20192020 Company: 11 835 554 €20202021 Company: 13 170 555 €20212022 Company: 13 006 200 €20222023 Company: 14 361 656 €20232024 Company: 14 204 221 €20242025 Company: 14 409 990 €202505 00010 00015 0002018 Company: —2019 Company: 10 793 914 €20192020 Company: 11 835 554 €2021 Company: 13 170 555 €20212022 Company: 13 006 200 €2023 Company: 14 361 656 €20232024 Company: 14 204 221 €2025 Company: 14 409 990 €2025
Employees 2025: 122 · +0.0% vs 2024 · industry median 8 · above 98% of the industry
0501001502016 Company: 141 Industry median: —20162017 Company: 135 Industry median: —20172018 Company: 0 Industry median: 820182019 Company: 124 Industry median: 820192020 Company: 109 Industry median: 820202021 Company: 119 Industry median: 8.520212022 Company: 126 Industry median: 820222023 Company: 126 Industry median: 720232024 Company: 122 Industry median: 820242025 Company: 122 Industry median: 820250501001502018 Company: 0 Industry median: 82019 Company: 124 Industry median: 820192020 Company: 109 Industry median: 82021 Company: 119 Industry median: 8.520212022 Company: 126 Industry median: 82023 Company: 126 Industry median: 720232024 Company: 122 Industry median: 82025 Company: 122 Industry median: 82025
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (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 17 727 091 205 769 4 603 144 16 705 723 14 409 990 122
2024 15 413 198 42 565 4 235 109 16 341 719 14 204 221 122
2023 22 034 343 1 355 456 4 252 934 16 879 013 14 361 656 126
2022 20 426 392 35 645 4 013 011 16 556 226 13 006 200 126
2021 18 850 523 1 571 001 3 866 702 16 954 725 13 170 555 119
2020 15 251 866 1 041 640 3 319 390 15 124 948 11 835 554 109
2019 17 257 835 182 983 3 780 671 15 366 943 10 793 914 124
2018 — — — — — 0
2017 — — — — — 135
2016 — — — — — 141
2015 — — — — — 138
2014 — — — — — 122
2013 — — — — — 120
2012 — — — — — 0
2011 — — — — — 127
2004 — — — — — 106
2002 — — — — — 80
2001 — — — — — 74
2000 — — — — — 73
1999 — — — — — 60
1998 — — — — — 53
1997 — — — — — 44

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
1.2 %
Net profit / revenue
Return on equity (ROE)
1.4 %
Net profit / equity
Return on assets (ROA)
1.2 %
Net profit / assets
Equity ratio
86.3 %
Equity / assets
Debt ratio
13.7 %
Liabilities / assets
Current ratio
4.40
Current assets / current liabilities
Revenue per employee
145 304 €
Revenue / average full-time employees
Labour cost per employee per month
3 144 €
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 29 Jun 2026 Consolidated · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 17 Jun 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 18 Jun 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 19 May 2022 Consolidated · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 31 May 2021 Consolidated · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 29 Jun 2020 Consolidated · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
3 1 000 000 € AS SEB Pank 18 Sep 2014 – in force
2 5 000 000 EEK AS SEB Pank 15 May 1998 – in force
1 10 000 000 EEK AS SEB Pank 5 Jun 1997 – in force

Board

Right of representation

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

Owners

No owner information.

Beneficial owners

  • John Gustaf Olov Hertsius
    Member of a senior management body (management or supervisory board) · since 31 May 2021
  • Ulrika Maria Fors Stenmark
    Member of a senior management body (management or supervisory board) · since 31 May 2021
  • Andres Kurg
    Member of a senior management body (management or supervisory board) · since 30 Oct 2018
  • Anne Peerand
    Member of a senior management body (management or supervisory board) · since 30 Oct 2018
  • Ivo Paroll
    Member of a senior management body (management or supervisory board) · since 30 Oct 2018
  • Karel Aasrand
    Member of a senior management body (management or supervisory board) · since 30 Oct 2018
  • Maire Forsel
    Member of a senior management body (management or supervisory board) · since 30 Oct 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 28301Manufacture of agricultural machinery Main
  • 28302Manufacture of forestry machinery
Rulings
Number, date Title Deadline State Document
Ä 10005824 / M13
14 Oct 2026
Procedural ruling 24 Oct 2026 Deficiencies eliminated
15 Oct 2026
PDF
Ä 10005824 / M12
1 Jul 2022
Ruling to correct data outside an entry 16 Jul 2022 Deficiencies eliminated
1 Jul 2022
PDF
Ä 10005824 / 31
16 Jul 2019
Amendment entry In force
16 Jul 2019
PDF
Ä 10005824 / M11
17 May 2018
Ruling to correct data outside an entry 1 Jun 2018 Deficiencies eliminated
18 May 2018
PDF
Ä 10005824 / 30
22 Mar 2018
Amendment entry In force
22 Mar 2018
PDF
Ä 10005824 / M10
19 Mar 2018
Procedural ruling In force
19 Mar 2018
PDF
Ä 10005824 / 29
13 Feb 2018
Amendment entry In force
13 Feb 2018
PDF
Ä 10005824 / 28
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10005824 / 27
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10005824 / 26
9 Oct 2017
Amendment entry In force
9 Oct 2017
PDF
Ä 10005824 / M9
2 Oct 2017
Ruling to eliminate deficiencies 1 Nov 2017 Deficiencies eliminated
9 Oct 2017
PDF
Ä 10005824 / 25
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10005824 / 24
21 Jul 2017
Amendment entry In force
21 Jul 2017
PDF
Ä 10005824 / M8
17 Jul 2017
Ruling to eliminate deficiencies 16 Aug 2017 Deficiencies eliminated
21 Jul 2017
PDF
Ä 10005824 / M7
6 Jul 2017
Ruling to eliminate deficiencies 26 Jul 2017 Deficiencies eliminated
21 Jul 2017
PDF
Ä 10005824 / M6
27 May 2016
Procedural ruling 11 Jun 2016 In force
27 May 2016
PDF
Ä 10005824 / 23
30 Jun 2015
Amendment entry In force
30 Jun 2015
PDF
Ä 10005824 / 22
9 Jun 2015
Amendment entry In force
9 Jun 2015
PDF
Ä 10005824 / 21
15 Dec 2014
Second (constitutive) merger entry In force
15 Dec 2014
PDF
Ä 10005824 / 20
26 Sep 2014
Amendment entry In force
26 Sep 2014
PDF
K 10005824 / 19
18 Sep 2014
Commercial pledge entered In force
18 Sep 2014
PDF
K 10005824 / 18
18 Sep 2014
Commercial pledge amended In force
18 Sep 2014
PDF
K 10005824 / 17
18 Sep 2014
Commercial pledge amended In force
18 Sep 2014
PDF
Ä 10005824 / M5
17 Oct 2013
Ruling to eliminate deficiencies 16 Nov 2013 Deficiencies eliminated
25 Oct 2013
PDF
Ä 10005824 / 16
14 Nov 2012
Amendment entry In force
14 Nov 2012
PDF
Ä 10005824 / M4
30 Oct 2012
Ruling to eliminate deficiencies 26 Nov 2012 In force
30 Oct 2012
PDF
Ä 10005824 / 15
6 Oct 2011
Amendment entry In force
6 Oct 2011
PDF
Ä 5824 / 14
26 Nov 2009
Entry made by the register on its own initiative In force
26 Nov 2009
PDF
Ä 5824 / 13
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
Ä 5824 / 12
2 Jan 2008
Amendment entry In force
2 Jan 2008
PDF
Ä 5824 / 11
2 Jan 2008
Amendment entry In force
2 Jan 2008
PDF
Ä 5824 / M3
16 Oct 2007
Ruling to eliminate deficiencies (to be served) Deficiencies eliminated
2 Jan 2008
PDF
Ä 5824 / 10
22 Jan 2003
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