Aktsiaselts Terrat

Active Registry code 10095208 AS Tutermaa küla Registered 11 Nov 1996

Aktsiaselts Terrat is a AS based in Tutermaa küla, registry code 10095208, status: active. Main activity: Construction of utility projects for fluids. According to EMTA, turnover for Q3 2026 was €1 746 246 with 36 employees.

Turnover

1 746 246 €

↓ 6.1% vs Q2 2026

State taxes

313 739 €

↓ 55.6% vs Q2 2026

Labour taxes

145 190 €

↓ 55.6% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Civil engineering · EMTAK 42

Turnover · Q3 2026 1.7 mn €

above 94% of companies

industry median 52 240 € · companies in the industry: 1 125
Labour taxes per employee 4 033 €

above 86% of companies

industry median 1 750 € · companies in the industry: 933
Revenue · 2025 8.5 mn €

above 98% of companies

industry median 88 960 € · companies in the industry: 1 426
Net profit margin · 2025 18.3 %

above 77% of companies

industry median 5.0 % · companies in the industry: 1 185

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 1 746 246 € · −6.1% vs Q2 2026 · industry median 52 240 € · above 94% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 4 033 € · −55.6% vs Q2 2026 · industry median 1 750 € · above 86% of the industry

Company
Industry median

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

Employees Q3 2026: 36 · +0.0% vs Q2 2026

State taxes, € thousand Q3 2026: 313 739 € · −55.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	1 746 246	313 739	145 190	36
Q2 2026	1 860 482	705 962	327 126	36
Q1 2026	1 133 862	311 149	148 410	36
Q4 2025	2 231 663	513 156	156 066	36
Q3 2025	2 699 566	324 366	169 598	36
Q2 2025	2 606 068	404 205	240 904	36
Q1 2025	1 642 515	357 820	144 688	36
Q4 2024	2 384 739	326 802	144 388	36
Q3 2024	2 222 075	345 956	156 207	36
Q2 2024	1 540 546	416 880	252 156	36
Q1 2024	1 398 929	271 750	141 907	37
Q4 2023	2 389 263	393 906	146 721	38
Q3 2023	3 155 691	393 058	141 813	38
Q2 2023	1 009 941	385 659	283 602	39
Q1 2023	1 709 248	266 911	143 989	38
Q4 2022	2 246 312	481 220	167 928	41
Q3 2022	2 198 303	353 887	161 793	41
Q2 2022	1 997 047	304 856	165 627	40
Q1 2022	1 677 049	339 932	192 955	39

Labour taxes per employee per month

1 344 €

Turnover per employee in the quarter

48 507 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 8 467 333 € · +5.5% vs 2024 · industry median 88 960 € · above 98% of the industry

Company
Industry median

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

Net profit, € thousand 2025: 1 549 051 € · +209.6% vs 2024 · industry median 2 500 € · above 98% of the industry

Company
Industry median

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

Net profit margin, % 2025: 18.3 % · +12.1 pp vs the year before · industry median 5.0 % · above 77% of the industry

Company
Industry median

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

Assets, € thousand 2025: 7 092 185 € · +26.0% vs 2024

Equity, € thousand 2025: 5 678 777 € · +25.4% vs 2024

Employees 2025: 38 · +0.0% vs 2024 · industry median 2 · above 98% of the industry

Company
Industry median

Industry: Civil engineering (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	8 467 333	1 549 051	1 869 441	7 092 185	5 678 777	38
2024	8 024 374	500 342	1 536 090	5 630 672	4 529 726	38
2023	7 032 072	755 602	1 608 495	6 201 503	5 067 871	39
2022	8 362 331	1 010 584	1 711 136	6 281 660	4 843 009	43
2021	6 688 808	966 963	1 508 097	5 713 837	4 546 503	41
2020	5 643 084	610 201	1 298 110	5 010 948	3 984 177	42
2019	6 971 765	988 496	1 446 264	4 764 276	3 573 975	42
2018	—	—	—	—	—	42
2017	—	—	—	—	—	40
2016	—	—	—	—	—	44
2015	—	—	—	—	—	48
2014	—	—	—	—	—	51
2013	—	—	—	—	—	54
2012	—	—	—	—	—	53
2011	—	—	—	—	—	55
2010	—	—	—	—	—	56
2009	—	—	—	—	—	76
2008	—	—	—	—	—	94
2007	—	—	—	—	—	88
2006	—	—	—	—	—	85
2005	—	—	—	—	—	86
2004	—	—	—	—	—	97
2003	—	—	—	—	—	100
2002	—	—	—	—	—	100
2001	—	—	—	—	—	117
2000	—	—	—	—	—	132
1999	—	—	—	—	—	144
1998	—	—	—	—	—	157

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

18.1 %

Net profit / revenue

Return on equity (ROE)

27.3 %

Net profit / equity

Return on assets (ROA)

21.8 %

Net profit / assets

Equity ratio

80.1 %

Equity / assets

Debt ratio

19.9 %

Liabilities / assets

Current ratio

3.91

Current assets / current liabilities

Revenue per employee

225 019 €

Revenue / average full-time employees

Labour cost per employee per month

4 100 €

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	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	24 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	27 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	27 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	5 Apr 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	17 Mar 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
3	500 000 €	Swedbank AS	10 Apr 2013 – in force
2	6 000 000 EEK	Swedbank AS	11 Dec 2008 – in force
1	3 000 000 EEK	aktsiaselts Hansapank	23 Jan 1998 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Indrek Ränd
Board member · since 7 Nov 2017
Margus Ränd
Board member · since 7 Nov 2017

Right of representation

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

Owners

No owner information.

Owner in

VKHT OÜ
51%

Beneficial owners

Indrek Ränd
Direct ownership · since 19 Oct 2018
Maido Volber
Direct ownership · since 19 Oct 2018
Margus Ränd
Direct ownership · since 19 Oct 2018
OLEV PÄRTEL
Direct ownership · since 19 Oct 2018
Rein Rajamäe
Direct ownership · since 19 Oct 2018

Founders and other persons

Ree Teinberg
Audit firm · 1 Jan 2018
Olev Pärtel
Chairman of the supervisory board · 19 Dec 2020
Maido Volber
Supervisory board member · 19 Dec 2020
Rein Rajamäe
Supervisory board member · 19 Dec 2020
Omanikukonto: INDREK RÄND
Shareholder · 55 219 € · 16 Aug 2023
Omanikukonto: MAIDO VOLBER
Shareholder · 107 370 € · 16 Aug 2023
Omanikukonto: MARGUS RÄND
Shareholder · 52 151 € · 16 Aug 2023
Omanikukonto: OLEV PÄRTEL
Shareholder · 107 370 € · 16 Aug 2023
Omanikukonto: REIN RAJAMÄE
Shareholder · 107 370 € · 16 Aug 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

4221Construction of utility projects for fluids Main

Rulings 23

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10006070 / 22 4 Oct 2022	Amendment entry		In force 4 Oct 2022	PDF
Ä 10006070 / M3 22 Sep 2022	Ruling to eliminate deficiencies	22 Oct 2022	Deficiencies eliminated 4 Oct 2022	PDF
Ä 10006070 / 21 15 Apr 2019	Amendment under Commercial Code § 525 (2)		In force 15 Apr 2019	PDF
Ä 10006070 / 20 8 Feb 2018	Amendment entry		In force 8 Feb 2018	PDF
Ä 10006070 / 19 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10006070 / 18 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10006070 / 17 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10006070 / 16 7 Feb 2017	Amendment entry		In force 7 Feb 2017	PDF
Ä 10006070 / 15 13 Apr 2015	Amendment entry		In force 13 Apr 2015	PDF
K 10006070 / 14 10 Apr 2013	Commercial pledge entered		In force 10 Apr 2013	PDF
Ä 10006070 / 13 28 Jan 2013	Amendment entry		In force 28 Jan 2013	PDF
K 10023507 / 4 30 May 2011	Commercial pledge amended		In force 30 May 2011	PDF
Ä 10006070 / 12 29 Apr 2011	Amendment entry		In force 29 Apr 2011	PDF
Ä 6070 / 11 20 Jan 2010	Amendment entry		In force 20 Jan 2010	PDF
Ä 6070 / M2 31 Dec 2009	Ruling to eliminate deficiencies	1 Feb 2010	In force 31 Dec 2009	PDF
K 23507 / 3 11 Dec 2008	Commercial pledge entered		In force 11 Dec 2008	PDF
Ä 6070 / 10 3 Dec 2008	Deletion of activities from the registry card		In force 3 Dec 2008	PDF
Ä 6070 / 9 12 Dec 2006	Amendment entry		In force 12 Dec 2006	PDF
Ä 6070 / M1 17 Nov 2006	Ruling to eliminate deficiencies (to be served)	22 Jan 2007	In force 23 Nov 2006	PDF
Ä 6070 / 8 27 Aug 2004	Entry decision on the register’s own initiative		In force	PDF
Ä 6070 / 7 26 May 2003	Entry decision on the register’s own initiative		In force	PDF
Ä 6070 / 6 19 Nov 2002	Published amendment entry		In force	PDF
Ä 6070 / 5 23 Oct 2002	Unpublished amendment entry		In force	PDF

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

Aktsiaselts Terrat

Position in the industry Civil engineering · EMTAK 42

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 23