aktsiaselts TOFTAN

Active Registry code 10135758 AS Varese küla Registered 21 Oct 1996
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aktsiaselts TOFTAN is a AS based in Varese küla, registry code 10135758, status: active. Main activity: Sawmilling and planing of wood. According to EMTA, turnover for Q3 2026 was €13 833 074 with 93 employees.

Turnover
13 833 074 €
↓ 44.3% vs Q2 2026
State taxes
1 283 352 €
↑ 53.5% vs Q2 2026
Labour taxes
503 407 €
↓ 5.2% vs Q2 2026
Employees
93
±0 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 13.8 mn €
    industry median 42 609 € · companies in the industry: 968
  • Labour taxes per employee 5 413 €
    industry median 1 604 € · companies in the industry: 774
  • Revenue · 2025 29.8 mn €
    industry median 44 569 € · companies in the industry: 1 338
  • Net profit margin · 2025 16.5 %
    industry median 2.0 % · companies in the industry: 1 072

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 13 833 074 € · −44.3% vs Q2 2026 · industry median 42 609 € · above 98% of the industry
05 00010 00015 00020 00025 000Q4 2023 Company: 18 253 261 € Industry median: 43 427 €Q4·23Q1 2024 Company: 17 465 172 € Industry median: 39 178 €Q2 2024 Company: 22 543 583 € Industry median: 42 653 €Q2·24Q3 2024 Company: 14 355 602 € Industry median: 38 674 €Q4 2024 Company: 23 806 754 € Industry median: 45 211 €Q4·24Q1 2025 Company: 19 316 348 € Industry median: 37 584 €Q2 2025 Company: 23 636 488 € Industry median: 43 322 €Q2·25Q3 2025 Company: 13 612 252 € Industry median: 41 462 €Q4 2025 Company: 23 726 122 € Industry median: 42 366 €Q4·25Q1 2026 Company: 22 280 048 € Industry median: 42 117 €Q2 2026 Company: 24 833 094 € Industry median: 49 062 €Q2·26Q3 2026 Company: 13 833 074 € Industry median: 42 609 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 23 806 754 € Industry median: 45 211 €Q1 2025 Company: 19 316 348 € Industry median: 37 584 €Q1·25Q2 2025 Company: 23 636 488 € Industry median: 43 322 €Q3 2025 Company: 13 612 252 € Industry median: 41 462 €Q3·25Q4 2025 Company: 23 726 122 € Industry median: 42 366 €Q1 2026 Company: 22 280 048 € Industry median: 42 117 €Q1·26Q2 2026 Company: 24 833 094 € Industry median: 49 062 €Q3 2026 Company: 13 833 074 € 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: 5 413 € · −5.2% vs Q2 2026 · industry median 1 604 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 6 268 € Industry median: 1 444 €Q4·23Q1 2024 Company: 5 055 € Industry median: 1 344 €Q2 2024 Company: 4 824 € Industry median: 1 393 €Q2·24Q3 2024 Company: 5 152 € Industry median: 1 466 €Q4 2024 Company: 4 671 € Industry median: 1 526 €Q4·24Q1 2025 Company: 5 220 € Industry median: 1 531 €Q2 2025 Company: 5 767 € Industry median: 1 528 €Q2·25Q3 2025 Company: 5 658 € Industry median: 1 626 €Q4 2025 Company: 5 211 € Industry median: 1 635 €Q4·25Q1 2026 Company: 5 143 € Industry median: 1 561 €Q2 2026 Company: 5 711 € Industry median: 1 556 €Q2·26Q3 2026 Company: 5 413 € Industry median: 1 604 €Q3·2602 0004 0006 000Q4 2024 Company: 4 671 € Industry median: 1 526 €Q1 2025 Company: 5 220 € Industry median: 1 531 €Q1·25Q2 2025 Company: 5 767 € Industry median: 1 528 €Q3 2025 Company: 5 658 € Industry median: 1 626 €Q3·25Q4 2025 Company: 5 211 € Industry median: 1 635 €Q1 2026 Company: 5 143 € Industry median: 1 561 €Q1·26Q2 2026 Company: 5 711 € Industry median: 1 556 €Q3 2026 Company: 5 413 € 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: 93 · +0.0% vs Q2 2026
020406080100Q4 2023 Company: 90Q4·23Q1 2024 Company: 90Q2 2024 Company: 95Q2·24Q3 2024 Company: 93Q4 2024 Company: 96Q4·24Q1 2025 Company: 95Q2 2025 Company: 96Q2·25Q3 2025 Company: 92Q4 2025 Company: 97Q4·25Q1 2026 Company: 94Q2 2026 Company: 93Q2·26Q3 2026 Company: 93Q3·26020406080100Q4 2024 Company: 96Q1 2025 Company: 95Q1·25Q2 2025 Company: 96Q3 2025 Company: 92Q3·25Q4 2025 Company: 97Q1 2026 Company: 94Q1·26Q2 2026 Company: 93Q3 2026 Company: 93Q3·26
State taxes, € thousand Q3 2026: 1 283 352 € · +53.5% vs Q2 2026
02 5005 0007 50010 00012 500Q4 2023 Company: 296 362 €Q4·23Q1 2024 Company: 454 572 €Q2 2024 Company: 1 026 998 €Q2·24Q3 2024 Company: 775 366 €Q4 2024 Company: 486 883 €Q4·24Q1 2025 Company: 11 356 715 €Q2 2025 Company: 747 076 €Q2·25Q3 2025 Company: 470 076 €Q4 2025 Company: 641 015 €Q4·25Q1 2026 Company: 865 585 €Q2 2026 Company: 836 080 €Q2·26Q3 2026 Company: 1 283 352 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 486 883 €Q1 2025 Company: 11 356 715 €Q1·25Q2 2025 Company: 747 076 €Q3 2025 Company: 470 076 €Q3·25Q4 2025 Company: 641 015 €Q1 2026 Company: 865 585 €Q1·26Q2 2026 Company: 836 080 €Q3 2026 Company: 1 283 352 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 13 833 074 1 283 352 503 407 93
Q2 2026 24 833 094 836 080 531 126 93
Q1 2026 22 280 048 865 585 483 441 94
Q4 2025 23 726 122 641 015 505 499 97
Q3 2025 13 612 252 470 076 520 538 92
Q2 2025 23 636 488 747 076 553 600 96
Q1 2025 19 316 348 11 356 715 495 891 95
Q4 2024 23 806 754 486 883 448 375 96
Q3 2024 14 355 602 775 366 479 146 93
Q2 2024 22 543 583 1 026 998 458 270 95
Q1 2024 17 465 172 454 572 454 940 90
Q4 2023 18 253 261 296 362 564 130 90
Q3 2023 9 964 722 654 781 540 344 119
Q2 2023 27 780 637 860 425 571 731 125
Q1 2023 23 053 129 694 149 572 474 124
Q4 2022 26 690 799 200 368 488 711 126
Q3 2022 22 483 250 508 003 545 388 122
Q2 2022 45 039 619 11 692 693 501 644 123
Q1 2022 32 793 844 232 699 541 721 121
Labour taxes per employee per month
1 804 €
Turnover per employee in the quarter
148 743 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, mn € 2025: 29 778 966 € · −56.4% vs 2024 · industry median 44 569 € · above 98% of the industry
02550751001252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 62 070 000 € Industry median: 60 904 €20192020 Company: 64 442 000 € Industry median: 53 378 €20202021 Company: 100 009 000 € Industry median: 56 581 €20212022 Company: 109 375 000 € Industry median: 60 349 €20222023 Company: 67 050 000 € Industry median: 46 749 €20232024 Company: 68 370 000 € Industry median: 39 981 €20242025 Company: 29 778 966 € Industry median: 44 569 €202502550751001252018 Company: — Industry median: —2019 Company: 62 070 000 € Industry median: 60 904 €20192020 Company: 64 442 000 € Industry median: 53 378 €2021 Company: 100 009 000 € Industry median: 56 581 €20212022 Company: 109 375 000 € Industry median: 60 349 €2023 Company: 67 050 000 € Industry median: 46 749 €20232024 Company: 68 370 000 € Industry median: 39 981 €2025 Company: 29 778 966 € 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: 4 919 220 € · +224.6% vs 2024 · industry median 162 € · above 98% of the industry
-10 000010 00020 00030 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 964 000 € Industry median: 1 078 €20192020 Company: 5 011 000 € Industry median: 611 €20202021 Company: 22 195 000 € Industry median: 1 731 €20212022 Company: 13 597 000 € Industry median: 1 354 €20222023 Company: -2 415 000 € Industry median: 156 €20232024 Company: -3 949 000 € Industry median: 21 €20242025 Company: 4 919 220 € Industry median: 162 €2025-10 000010 00020 00030 0002018 Company: — Industry median: —2019 Company: 1 964 000 € Industry median: 1 078 €20192020 Company: 5 011 000 € Industry median: 611 €2021 Company: 22 195 000 € Industry median: 1 731 €20212022 Company: 13 597 000 € Industry median: 1 354 €2023 Company: -2 415 000 € Industry median: 156 €20232024 Company: -3 949 000 € Industry median: 21 €2025 Company: 4 919 220 € 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: 16.5 % · +22.3 pp vs the year before · industry median 2.0 % · above 82% of the industry
-1001020302016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3.2 % Industry median: 3.8 %20192020 Company: 7.8 % Industry median: 3.5 %20202021 Company: 22.2 % Industry median: 5.3 %20212022 Company: 12.4 % Industry median: 5.2 %20222023 Company: -3.6 % Industry median: 2.4 %20232024 Company: -5.8 % Industry median: 1.6 %20242025 Company: 16.5 % Industry median: 2.0 %2025-1001020302018 Company: — Industry median: —2019 Company: 3.2 % Industry median: 3.8 %20192020 Company: 7.8 % Industry median: 3.5 %2021 Company: 22.2 % Industry median: 5.3 %20212022 Company: 12.4 % Industry median: 5.2 %2023 Company: -3.6 % Industry median: 2.4 %20232024 Company: -5.8 % Industry median: 1.6 %2025 Company: 16.5 % 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, mn € 2025: 74 532 824 € · +129.2% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 75 998 000 €20192020 Company: 81 144 000 €20202021 Company: 104 854 000 €20212022 Company: 76 715 000 €20222023 Company: 72 378 000 €20232024 Company: 32 517 000 €20242025 Company: 74 532 824 €202502550751001252018 Company: —2019 Company: 75 998 000 €20192020 Company: 81 144 000 €2021 Company: 104 854 000 €20212022 Company: 76 715 000 €2023 Company: 72 378 000 €20232024 Company: 32 517 000 €2025 Company: 74 532 824 €2025
Equity, € thousand 2025: 4 919 424 € · −70.6% vs 2024
020 00040 00060 00080 000100 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 72 060 000 €20192020 Company: 77 071 000 €20202021 Company: 99 266 000 €20212022 Company: 71 263 000 €20222023 Company: 68 848 000 €20232024 Company: 16 731 000 €20242025 Company: 4 919 424 €2025020 00040 00060 00080 000100 0002018 Company: —2019 Company: 72 060 000 €20192020 Company: 77 071 000 €2021 Company: 99 266 000 €20212022 Company: 71 263 000 €2023 Company: 68 848 000 €20232024 Company: 16 731 000 €2025 Company: 4 919 424 €2025
Employees 2025: 93 · +1.1% vs 2024 · industry median 3 · above 98% of the industry
0501001502016 Company: 133 Industry median: —20162017 Company: 141 Industry median: —20172018 Company: 127 Industry median: 420182019 Company: 128 Industry median: 420192020 Company: 126 Industry median: 420202021 Company: 121 Industry median: 420212022 Company: 122 Industry median: 420222023 Company: 117 Industry median: 320232024 Company: 92 Industry median: 320242025 Company: 93 Industry median: 320250501001502018 Company: 127 Industry median: 42019 Company: 128 Industry median: 420192020 Company: 126 Industry median: 42021 Company: 121 Industry median: 420212022 Company: 122 Industry median: 42023 Company: 117 Industry median: 320232024 Company: 92 Industry median: 32025 Company: 93 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 29 778 966 4 919 220 2 079 544 74 532 824 4 919 424 93
2024 68 370 000 -3 949 000 4 392 000 32 517 000 16 731 000 92
2023 67 050 000 -2 415 000 5 043 000 72 378 000 68 848 000 117
2022 109 375 000 13 597 000 5 030 000 76 715 000 71 263 000 122
2021 100 009 000 22 195 000 4 565 000 104 854 000 99 266 000 121
2020 64 442 000 5 011 000 4 501 000 81 144 000 77 071 000 126
2019 62 070 000 1 964 000 4 436 000 75 998 000 72 060 000 128
2018 — — — — — 127
2017 — — — — — 141
2016 — — — — — 133
2015 — — — — — 127
2014 — — — — — 126
2013 — — — — — 123
2012 — — — — — 125
2011 — — — — — 123
2010 — — — — — 115
2009 — — — — — 108
2008 — — — — — 108
2007 — — — — — 104
2006 — — — — — 118
2005 — — — — — 122
2004 — — — — — 120
2003 — — — — — 111
2002 — — — — — 103
2001 — — — — — 100
2000 — — — — — 98
1999 — — — — — 95
1997 — — — — — 78

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
16.5 %
Net profit / revenue
Return on equity (ROE)
100.0 %
Net profit / equity
Return on assets (ROA)
6.6 %
Net profit / assets
Equity ratio
6.6 %
Equity / assets
Debt ratio
93.4 %
Liabilities / assets
Current ratio
1.45
Current assets / current liabilities
Revenue per employee
320 204 €
Revenue / average full-time employees
Labour cost per employee per month
1 863 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 12 Jun 2025 – 31 Dec 2025 19 Aug 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 30 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Jun 2020 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Janek Antipin
    Board member · since 1 Aug 2025
  • Martin Arula
    Board member · since 1 Aug 2025

Right of representation

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

Owners

No owner information.

Beneficial owners

  • Janek Antipin
    Member of a senior management body (management or supervisory board) · since 5 Aug 2025
  • Martin Arula
    Member of a senior management body (management or supervisory board) · since 5 Aug 2025

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 16111Sawmilling and planing of wood Main
  • 02201Logging
Rulings
Number, date Title Deadline State Document
Ä 20002172 / M13
13 Aug 2026
Fine for not filing the report 28 Aug 2026 In force
29 Sep 2026
PDF
Ä 20002172 / M12
8 Jul 2026
Warning of a fine: annual report not filed 7 Aug 2026 In force
8 Jul 2026
PDF
Ä 20002172 / 18
30 Dec 2025
Second (constitutive) merger entry In force
30 Dec 2025
PDF
Ä 20002172 / 17
1 Aug 2025
Amendment entry In force
1 Aug 2025
PDF
Ä 20002172 / 16
28 Oct 2024
Division entry (second, constitutive) In force
28 Oct 2024
PDF
Ä 20002172 / M11
14 Oct 2024
Ruling to eliminate deficiencies 31 Oct 2024 Deficiencies eliminated
28 Oct 2024
PDF
Ä 20002172 / 15
1 Oct 2018
Amendment entry In force
1 Oct 2018
PDF
Ä 20002172 / 14
12 Sep 2018
Second (constitutive) merger entry In force
12 Sep 2018
PDF
Ä 20002172 / M10
24 Aug 2018
Procedural ruling In force
24 Aug 2018
PDF
Ä 20002172 / 13
8 Feb 2018
Amendment entry In force
8 Feb 2018
PDF
Ä 20002172 / 12
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20002172 / 11
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
K 20005807 / 5
18 Feb 2011
Commercial pledge deleted In force
18 Feb 2011
PDF
Ä 2172 / 10
28 Dec 2008
Deletion of activities from the registry card In force
28 Dec 2008
PDF
Ä 2172 / M9
23 Jan 2007
Ruling to eliminate deficiencies (to be served) Deficiencies eliminated
25 Jan 2007
PDF
Ä 2172 / 9
10 Mar 2006
Amendment entry In force
10 Mar 2006
PDF
Ä 2172 / M8
3 Mar 2006
Ruling to eliminate deficiencies (to be served) Deficiencies eliminated
10 Mar 2006
PDF
K 5807 / 4
6 Dec 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
K 5807 / 3
5 Apr 2005
Commercial pledge amended In force PDF
Ä 2172 / M7
19 Jan 2005
Ruling to be served 19 Mar 2005 In force PDF
Ä 2172 / M6
22 Jun 2004
Ruling to be served 23 Jul 2004 In force PDF
Ä 2172 / 8
17 May 2004
Negative entry decision In force PDF
Ä 2172 / M5
23 Jan 2004
Ruling to be served In force PDF
Ä 2172 / 7
5 Dec 2002
Entry decision on the register’s own initiative In force PDF
Ä 2172 / 6
4 Sep 2002
Unpublished amendment entry In force PDF
Ä 2172 / M4
23 Aug 2002
Ruling to be served In force PDF

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