Aktsiaselts Nordic Lumber

Active Registry code 10114058 AS Palivere alevik Registered 4 Dec 1996
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Aktsiaselts Nordic Lumber is a AS based in Palivere alevik, registry code 10114058, status: active. Main activity: Processing and finishing of wood. According to EMTA, turnover for Q3 2026 was €1 598 961 with 26 employees.

Turnover
1 598 961 €
↓ 12.3% vs Q2 2026
State taxes
198 421 €
↑ 31.1% vs Q2 2026
Labour taxes
67 330 €
↑ 23.9% vs Q2 2026
Employees
26
−3 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 42 074 € · companies in the industry: 969
  • Labour taxes per employee 2 590 €
    industry median 1 604 € · companies in the industry: 775
  • Revenue · 2025 4.9 mn €
    industry median 44 569 € · companies in the industry: 1 338
  • Net profit margin · 2025 2.6 %
    industry median 2.0 % · companies in the industry: 1 072

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 598 961 € · −12.3% vs Q2 2026 · industry median 42 074 € · above 90% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 764 555 € Industry median: 43 427 €Q4·23Q1 2024 Company: 1 059 276 € Industry median: 39 178 €Q2 2024 Company: 1 765 337 € Industry median: 42 608 €Q2·24Q3 2024 Company: 2 119 419 € Industry median: 38 665 €Q4 2024 Company: 1 930 578 € Industry median: 45 065 €Q4·24Q1 2025 Company: 1 676 510 € Industry median: 37 445 €Q2 2025 Company: 2 177 912 € Industry median: 43 276 €Q2·25Q3 2025 Company: 2 244 668 € Industry median: 41 414 €Q4 2025 Company: 1 981 539 € Industry median: 42 313 €Q4·25Q1 2026 Company: 1 111 018 € Industry median: 41 913 €Q2 2026 Company: 1 824 077 € Industry median: 49 053 €Q2·26Q3 2026 Company: 1 598 961 € Industry median: 42 074 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 930 578 € Industry median: 45 065 €Q1 2025 Company: 1 676 510 € Industry median: 37 445 €Q1·25Q2 2025 Company: 2 177 912 € Industry median: 43 276 €Q3 2025 Company: 2 244 668 € Industry median: 41 414 €Q3·25Q4 2025 Company: 1 981 539 € Industry median: 42 313 €Q1 2026 Company: 1 111 018 € Industry median: 41 913 €Q1·26Q2 2026 Company: 1 824 077 € Industry median: 49 053 €Q3 2026 Company: 1 598 961 € Industry median: 42 074 €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: 2 590 € · +38.2% vs Q2 2026 · industry median 1 604 € · above 72% of the industry
01 0002 0003 0004 000Q4 2023 Company: 2 334 € Industry median: 1 444 €Q4·23Q1 2024 Company: 2 028 € Industry median: 1 344 €Q2 2024 Company: 1 689 € Industry median: 1 393 €Q2·24Q3 2024 Company: 2 366 € Industry median: 1 466 €Q4 2024 Company: 2 702 € Industry median: 1 526 €Q4·24Q1 2025 Company: 2 481 € Industry median: 1 531 €Q2 2025 Company: 2 356 € Industry median: 1 528 €Q2·25Q3 2025 Company: 2 776 € Industry median: 1 626 €Q4 2025 Company: 3 148 € Industry median: 1 635 €Q4·25Q1 2026 Company: 2 535 € Industry median: 1 561 €Q2 2026 Company: 1 873 € Industry median: 1 555 €Q2·26Q3 2026 Company: 2 590 € Industry median: 1 604 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 702 € Industry median: 1 526 €Q1 2025 Company: 2 481 € Industry median: 1 531 €Q1·25Q2 2025 Company: 2 356 € Industry median: 1 528 €Q3 2025 Company: 2 776 € Industry median: 1 626 €Q3·25Q4 2025 Company: 3 148 € Industry median: 1 635 €Q1 2026 Company: 2 535 € Industry median: 1 561 €Q1·26Q2 2026 Company: 1 873 € Industry median: 1 555 €Q3 2026 Company: 2 590 € 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: 26 · −10.3% vs Q2 2026
0102030Q4 2023 Company: 25Q4·23Q1 2024 Company: 25Q2 2024 Company: 29Q2·24Q3 2024 Company: 28Q4 2024 Company: 23Q4·24Q1 2025 Company: 23Q2 2025 Company: 26Q2·25Q3 2025 Company: 27Q4 2025 Company: 24Q4·25Q1 2026 Company: 24Q2 2026 Company: 29Q2·26Q3 2026 Company: 26Q3·260102030Q4 2024 Company: 23Q1 2025 Company: 23Q1·25Q2 2025 Company: 26Q3 2025 Company: 27Q3·25Q4 2025 Company: 24Q1 2026 Company: 24Q1·26Q2 2026 Company: 29Q3 2026 Company: 26Q3·26
State taxes, € thousand Q3 2026: 198 421 € · +31.1% vs Q2 2026
050100150200250Q4 2023 Company: 154 288 €Q4·23Q1 2024 Company: 95 923 €Q2 2024 Company: 141 035 €Q2·24Q3 2024 Company: 208 052 €Q4 2024 Company: 130 781 €Q4·24Q1 2025 Company: 135 076 €Q2 2025 Company: 210 143 €Q2·25Q3 2025 Company: 206 634 €Q4 2025 Company: 162 773 €Q4·25Q1 2026 Company: 110 740 €Q2 2026 Company: 151 360 €Q2·26Q3 2026 Company: 198 421 €Q3·26050100150200250Q4 2024 Company: 130 781 €Q1 2025 Company: 135 076 €Q1·25Q2 2025 Company: 210 143 €Q3 2025 Company: 206 634 €Q3·25Q4 2025 Company: 162 773 €Q1 2026 Company: 110 740 €Q1·26Q2 2026 Company: 151 360 €Q3 2026 Company: 198 421 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 598 961 198 421 67 330 26
Q2 2026 1 824 077 151 360 54 323 29
Q1 2026 1 111 018 110 740 60 829 24
Q4 2025 1 981 539 162 773 75 560 24
Q3 2025 2 244 668 206 634 74 961 27
Q2 2025 2 177 912 210 143 61 268 26
Q1 2025 1 676 510 135 076 57 069 23
Q4 2024 1 930 578 130 781 62 138 23
Q3 2024 2 119 419 208 052 66 243 28
Q2 2024 1 765 337 141 035 48 987 29
Q1 2024 1 059 276 95 923 50 695 25
Q4 2023 1 764 555 154 288 58 342 25
Q3 2023 1 613 954 182 318 64 089 27
Q2 2023 1 728 167 142 613 51 762 29
Q1 2023 1 270 787 102 591 51 052 28
Q4 2022 2 060 449 190 358 54 036 26
Q3 2022 2 192 353 159 833 61 056 28
Q2 2022 2 202 718 73 099 52 727 31
Q1 2022 1 131 586 53 170 48 265 30
Labour taxes per employee per month
863 €
Turnover per employee in the quarter
61 499 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 4 889 026 € · +6.3% vs 2024 · industry median 44 569 € · above 91% of the industry
02 0004 0006 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3 666 059 € Industry median: 60 904 €20192020 Company: 3 736 267 € Industry median: 53 378 €20202021 Company: 4 828 171 € Industry median: 56 581 €20212022 Company: 5 564 157 € Industry median: 60 349 €20222023 Company: 4 154 635 € Industry median: 46 749 €20232024 Company: 4 598 635 € Industry median: 40 000 €20242025 Company: 4 889 026 € Industry median: 44 569 €202502 0004 0006 0002018 Company: — Industry median: —2019 Company: 3 666 059 € Industry median: 60 904 €20192020 Company: 3 736 267 € Industry median: 53 378 €2021 Company: 4 828 171 € Industry median: 56 581 €20212022 Company: 5 564 157 € Industry median: 60 349 €2023 Company: 4 154 635 € Industry median: 46 749 €20232024 Company: 4 598 635 € Industry median: 40 000 €2025 Company: 4 889 026 € 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: 124 841 € · +163.7% vs 2024 · industry median 162 € · above 91% of the industry
-200-10001002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 47 875 € Industry median: 1 078 €20192020 Company: 43 807 € Industry median: 611 €20202021 Company: 222 872 € Industry median: 1 731 €20212022 Company: 123 350 € Industry median: 1 354 €20222023 Company: -100 081 € Industry median: 156 €20232024 Company: -196 122 € Industry median: 23 €20242025 Company: 124 841 € Industry median: 162 €2025-200-10001002003002018 Company: — Industry median: —2019 Company: 47 875 € Industry median: 1 078 €20192020 Company: 43 807 € Industry median: 611 €2021 Company: 222 872 € Industry median: 1 731 €20212022 Company: 123 350 € Industry median: 1 354 €2023 Company: -100 081 € Industry median: 156 €20232024 Company: -196 122 € Industry median: 23 €2025 Company: 124 841 € 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: 2.6 % · +6.8 pp vs the year before · industry median 2.0 % · above 52% of the industry
-6-4-202462016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1.3 % Industry median: 3.8 %20192020 Company: 1.2 % Industry median: 3.5 %20202021 Company: 4.6 % Industry median: 5.3 %20212022 Company: 2.2 % Industry median: 5.2 %20222023 Company: -2.4 % Industry median: 2.4 %20232024 Company: -4.3 % Industry median: 1.6 %20242025 Company: 2.6 % Industry median: 2.0 %2025-6-4-202462018 Company: — Industry median: —2019 Company: 1.3 % Industry median: 3.8 %20192020 Company: 1.2 % Industry median: 3.5 %2021 Company: 4.6 % Industry median: 5.3 %20212022 Company: 2.2 % Industry median: 5.2 %2023 Company: -2.4 % Industry median: 2.4 %20232024 Company: -4.3 % Industry median: 1.6 %2025 Company: 2.6 % 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: 2 424 038 € · +1.5% vs 2024
01 0002 0003 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 830 238 €20192020 Company: 2 013 790 €20202021 Company: 2 780 722 €20212022 Company: 2 950 772 €20222023 Company: 2 499 729 €20232024 Company: 2 388 711 €20242025 Company: 2 424 038 €202501 0002 0003 0002018 Company: —2019 Company: 1 830 238 €20192020 Company: 2 013 790 €2021 Company: 2 780 722 €20212022 Company: 2 950 772 €2023 Company: 2 499 729 €20232024 Company: 2 388 711 €2025 Company: 2 424 038 €2025
Equity, € thousand 2025: 1 381 661 € · +9.9% vs 2024
05001 0001 5002 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 162 994 €20192020 Company: 1 206 801 €20202021 Company: 1 429 673 €20212022 Company: 1 553 023 €20222023 Company: 1 452 942 €20232024 Company: 1 256 820 €20242025 Company: 1 381 661 €202505001 0001 5002 0002018 Company: —2019 Company: 1 162 994 €20192020 Company: 1 206 801 €2021 Company: 1 429 673 €20212022 Company: 1 553 023 €2023 Company: 1 452 942 €20232024 Company: 1 256 820 €2025 Company: 1 381 661 €2025
Employees 2025: 25 · −7.4% vs 2024 · industry median 3 · above 85% of the industry
01020302016 Company: 26 Industry median: —20162017 Company: 26 Industry median: —20172018 Company: 24 Industry median: 420182019 Company: 24 Industry median: 420192020 Company: 25 Industry median: 420202021 Company: 26 Industry median: 420212022 Company: 27 Industry median: 420222023 Company: 27 Industry median: 320232024 Company: 27 Industry median: 320242025 Company: 25 Industry median: 3202501020302018 Company: 24 Industry median: 42019 Company: 24 Industry median: 420192020 Company: 25 Industry median: 42021 Company: 26 Industry median: 420212022 Company: 27 Industry median: 42023 Company: 27 Industry median: 320232024 Company: 27 Industry median: 32025 Company: 25 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 4 889 026 124 841 656 911 2 424 038 1 381 661 25
2024 4 598 635 -196 122 582 414 2 388 711 1 256 820 27
2023 4 154 635 -100 081 574 287 2 499 729 1 452 942 27
2022 5 564 157 123 350 567 787 2 950 772 1 553 023 27
2021 4 828 171 222 872 526 826 2 780 722 1 429 673 26
2020 3 736 267 43 807 462 916 2 013 790 1 206 801 25
2019 3 666 059 47 875 410 567 1 830 238 1 162 994 24
2018 — — — — — 24
2017 — — — — — 26
2016 — — — — — 26
2015 — — — — — 28
2014 — — — — — 27
2013 — — — — — 27
2012 — — — — — 25
2011 — — — — — 26
2010 — — — — — 25
2009 — — — — — 25
2008 — — — — — 32
2007 — — — — — 35
2006 — — — — — 41
2005 — — — — — 43
2004 — — — — — 39
2003 — — — — — 35
2002 — — — — — 33
2001 — — — — — 37
2000 — — — — — 53
1999 — — — — — 45

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
2.6 %
Net profit / revenue
Return on equity (ROE)
9.0 %
Net profit / equity
Return on assets (ROA)
5.2 %
Net profit / assets
Equity ratio
57.0 %
Equity / assets
Debt ratio
43.0 %
Liabilities / assets
Current ratio
1.87
Current assets / current liabilities
Revenue per employee
195 561 €
Revenue / average full-time employees
Labour cost per employee per month
2 190 €
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 10 Feb 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 18 Feb 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Feb 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 22 Feb 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 25 Mar 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 11 Feb 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 14 Feb 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
3 5 000 000 EEK AS Hansapank 17 Aug 2006 – in force
2 5 000 000 EEK AS Hansapank 2 Jan 2006 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Marko Tali
    Board member · since 18 Nov 2010
  • Taavi Saar
    Board member · since 7 Jan 2022

Right of representation

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

Owners

No owner information.

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 16121Processing and finishing of wood Main
  • 16111Sawmilling and planing of wood
  • 16241Manufacture of wooden containers and pallets
  • 16281Manufacture of wooden articles and ornaments and other wooden products
  • 31001Manufacture of furniture, except mattresses
  • 36002Supply of water intended for human consumption
  • 37001Sewerage and wastewater management
  • 38211Materials recovery
  • 46831Wholesale of wood and products for the first-stage processing of wood
  • 49411Freight transport by road
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
Ä 30026041 / 17
7 Jan 2022
Amendment entry In force
7 Jan 2022
PDF
Ä 30026041 / 16
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 30026041 / 15
4 Dec 2017
Amendment entry In force
4 Dec 2017
PDF
Ä 30026041 / 14
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 30026041 / 13
20 Oct 2015
Amendment entry In force
20 Oct 2015
PDF
Ä 30026041 / 12
8 Jan 2014
Amendment entry In force
8 Jan 2014
PDF
Ä 30026041 / 11
6 Jun 2011
Amendment entry In force
6 Jun 2011
PDF
Ä 30026041 / M3
23 May 2011
Ruling to eliminate deficiencies 27 Jun 2011 In force
23 May 2011
PDF
Ä 30026041 / 10
18 Nov 2010
Amendment entry In force
18 Nov 2010
PDF
Ä 30026041 / 9
22 Jun 2010
Division entry (second, constitutive) In force
22 Jun 2010
PDF
Ä 26041 / M2
26 Jun 2009
Ruling to be served In force
26 Jun 2009
PDF
Ä 26041 / 8
6 May 2009
Amendment entry In force
6 May 2009
PDF
Ä 26041 / M1
31 Mar 2009
Ruling to be served 30 Apr 2009 In force
31 Mar 2009
PDF
Ä 26041 / 7
3 Dec 2008
Deletion of activities from the registry card In force
4 Dec 2008
PDF
Ä 26041 / 6
21 Jan 2008
Amendment entry In force
22 Jan 2008
PDF
Ä 26041 / 5
16 Mar 2007
Second (constitutive) merger entry In force
16 Mar 2007
PDF
K 26042 / 2
17 Aug 2006
Commercial pledge entered In force
17 Aug 2006
PDF
Ä 26041 / 4
28 Jul 2006
Amendment entry In force
28 Jul 2006
PDF
Ä 26041 / 3
5 Jul 2006
Amendment entry In force
5 Jul 2006
PDF
Ä 26041 / 2
5 May 2006
Amendment entry In force
5 May 2006
PDF
Ä 7696 / 7
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
Ä 26041
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
K 62354 / 4
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
K 26042
2 Jan 2006
Change of registry district Confirmed
2 Jan 2006
PDF
K 62354 / 3
22 Oct 2004
Commercial pledge amended In force PDF
K 62354 / 2
8 Oct 2004
Negative entry decision In force PDF
K 62354 / M1
28 Jul 2004
Ruling to eliminate deficiencies (to be served) 30 Sep 2004 In force PDF
Ä 7696 / 6
18 Dec 2002
Entry decision on the register’s own initiative In force PDF
K 62354
20 Nov 2002
Commercial pledge entered In force PDF

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