Finsterwalder Transport & Logistik AS

Active Registry code 10136924 AS Tartu linn Registered 6 Nov 1996
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Finsterwalder Transport & Logistik AS is a AS based in Tartu linn, registry code 10136924, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €1 709 414 with 39 employees.

Turnover
1 709 414 €
↑ 1.5% vs Q2 2026
State taxes
100 081 €
↑ 14.8% vs Q2 2026
Labour taxes
104 232 €
↑ 13.2% vs Q2 2026
Employees
39
−1 vs Q2 2026

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

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 1.7 mn €
    industry median 15 030 € · companies in the industry: 7 443
  • Labour taxes per employee 2 673 €
    industry median 857 € · companies in the industry: 7 261
  • Revenue · 2025 4 mn €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 0.1 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 709 414 € · +1.5% vs Q2 2026 · industry median 15 030 € · above 98% of the industry
05001 0001 5002 000Q4 2023 Company: 1 298 120 € Industry median: 14 897 €Q4·23Q1 2024 Company: 1 471 515 € Industry median: 15 027 €Q2 2024 Company: 1 487 323 € Industry median: 14 064 €Q2·24Q3 2024 Company: 1 454 432 € Industry median: 14 462 €Q4 2024 Company: 1 472 132 € Industry median: 14 610 €Q4·24Q1 2025 Company: 1 467 568 € Industry median: 14 672 €Q2 2025 Company: 1 494 374 € Industry median: 14 301 €Q2·25Q3 2025 Company: 1 510 361 € Industry median: 14 273 €Q4 2025 Company: 1 557 310 € Industry median: 14 464 €Q4·25Q1 2026 Company: 1 437 717 € Industry median: 14 759 €Q2 2026 Company: 1 684 253 € Industry median: 14 595 €Q2·26Q3 2026 Company: 1 709 414 € Industry median: 15 030 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 472 132 € Industry median: 14 610 €Q1 2025 Company: 1 467 568 € Industry median: 14 672 €Q1·25Q2 2025 Company: 1 494 374 € Industry median: 14 301 €Q3 2025 Company: 1 510 361 € Industry median: 14 273 €Q3·25Q4 2025 Company: 1 557 310 € Industry median: 14 464 €Q1 2026 Company: 1 437 717 € Industry median: 14 759 €Q1·26Q2 2026 Company: 1 684 253 € Industry median: 14 595 €Q3 2026 Company: 1 709 414 € Industry median: 15 030 €Q3·26
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 673 € · +16.1% vs Q2 2026 · industry median 857 € · above 90% of the industry
01 0002 0003 000Q4 2023 Company: 2 358 € Industry median: 671 €Q4·23Q1 2024 Company: 2 344 € Industry median: 694 €Q2 2024 Company: 2 438 € Industry median: 712 €Q2·24Q3 2024 Company: 2 442 € Industry median: 728 €Q4 2024 Company: 2 269 € Industry median: 727 €Q4·24Q1 2025 Company: 2 498 € Industry median: 780 €Q2 2025 Company: 2 361 € Industry median: 771 €Q2·25Q3 2025 Company: 2 885 € Industry median: 812 €Q4 2025 Company: 2 755 € Industry median: 812 €Q4·25Q1 2026 Company: 2 388 € Industry median: 818 €Q2 2026 Company: 2 301 € Industry median: 828 €Q2·26Q3 2026 Company: 2 673 € Industry median: 857 €Q3·2601 0002 0003 000Q4 2024 Company: 2 269 € Industry median: 727 €Q1 2025 Company: 2 498 € Industry median: 780 €Q1·25Q2 2025 Company: 2 361 € Industry median: 771 €Q3 2025 Company: 2 885 € Industry median: 812 €Q3·25Q4 2025 Company: 2 755 € Industry median: 812 €Q1 2026 Company: 2 388 € Industry median: 818 €Q1·26Q2 2026 Company: 2 301 € Industry median: 828 €Q3 2026 Company: 2 673 € Industry median: 857 €Q3·26
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 39 · −2.5% vs Q2 2026
01020304050Q4 2023 Company: 38Q4·23Q1 2024 Company: 38Q2 2024 Company: 39Q2·24Q3 2024 Company: 40Q4 2024 Company: 39Q4·24Q1 2025 Company: 41Q2 2025 Company: 42Q2·25Q3 2025 Company: 39Q4 2025 Company: 37Q4·25Q1 2026 Company: 38Q2 2026 Company: 40Q2·26Q3 2026 Company: 39Q3·2601020304050Q4 2024 Company: 39Q1 2025 Company: 41Q1·25Q2 2025 Company: 42Q3 2025 Company: 39Q3·25Q4 2025 Company: 37Q1 2026 Company: 38Q1·26Q2 2026 Company: 40Q3 2026 Company: 39Q3·26
State taxes, € thousand Q3 2026: 100 081 € · +14.8% vs Q2 2026
0255075100125Q4 2023 Company: 86 682 €Q4·23Q1 2024 Company: 84 864 €Q2 2024 Company: 91 121 €Q2·24Q3 2024 Company: 94 084 €Q4 2024 Company: 84 389 €Q4·24Q1 2025 Company: 97 776 €Q2 2025 Company: 96 853 €Q2·25Q3 2025 Company: 107 154 €Q4 2025 Company: 98 802 €Q4·25Q1 2026 Company: 86 051 €Q2 2026 Company: 87 211 €Q2·26Q3 2026 Company: 100 081 €Q3·260255075100125Q4 2024 Company: 84 389 €Q1 2025 Company: 97 776 €Q1·25Q2 2025 Company: 96 853 €Q3 2025 Company: 107 154 €Q3·25Q4 2025 Company: 98 802 €Q1 2026 Company: 86 051 €Q1·26Q2 2026 Company: 87 211 €Q3 2026 Company: 100 081 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 709 414 100 081 104 232 39
Q2 2026 1 684 253 87 211 92 043 40
Q1 2026 1 437 717 86 051 90 744 38
Q4 2025 1 557 310 98 802 101 922 37
Q3 2025 1 510 361 107 154 112 512 39
Q2 2025 1 494 374 96 853 99 182 42
Q1 2025 1 467 568 97 776 102 436 41
Q4 2024 1 472 132 84 389 88 486 39
Q3 2024 1 454 432 94 084 97 666 40
Q2 2024 1 487 323 91 121 95 080 39
Q1 2024 1 471 515 84 864 89 090 38
Q4 2023 1 298 120 86 682 89 587 38
Q3 2023 1 357 210 97 550 102 129 38
Q2 2023 1 451 805 81 519 84 980 39
Q1 2023 1 403 977 79 324 82 838 41
Q4 2022 1 430 353 73 470 77 075 47
Q3 2022 1 328 808 83 872 87 815 47
Q2 2022 1 295 077 73 367 76 226 46
Q1 2022 1 094 131 66 029 68 464 46
Labour taxes per employee per month
891 €
Turnover per employee in the quarter
43 831 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 4 003 891 € · +10.1% vs 2024 · industry median 13 620 € · above 98% of the industry
02 0004 0006 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 5 427 151 € Industry median: 10 800 €20192020 Company: 3 127 302 € Industry median: 10 586 €20202021 Company: 2 869 425 € Industry median: 11 162 €20212022 Company: 3 537 599 € Industry median: 11 789 €20222023 Company: 3 584 077 € Industry median: 12 224 €20232024 Company: 3 635 758 € Industry median: 12 853 €20242025 Company: 4 003 891 € Industry median: 13 620 €202502 0004 0006 0002018 Company: — Industry median: —2019 Company: 5 427 151 € Industry median: 10 800 €20192020 Company: 3 127 302 € Industry median: 10 586 €2021 Company: 2 869 425 € Industry median: 11 162 €20212022 Company: 3 537 599 € Industry median: 11 789 €2023 Company: 3 584 077 € Industry median: 12 224 €20232024 Company: 3 635 758 € Industry median: 12 853 €2025 Company: 4 003 891 € Industry median: 13 620 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 2 706 € · +152.0% vs 2024 · industry median 283 € · above 66% of the industry
-500501001502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 73 345 € Industry median: 205 €20192020 Company: 115 854 € Industry median: 175 €20202021 Company: -33 094 € Industry median: 251 €20212022 Company: 121 360 € Industry median: 161 €20222023 Company: -9 194 € Industry median: 154 €20232024 Company: 1 074 € Industry median: 256 €20242025 Company: 2 706 € Industry median: 283 €2025-500501001502018 Company: — Industry median: —2019 Company: 73 345 € Industry median: 205 €20192020 Company: 115 854 € Industry median: 175 €2021 Company: -33 094 € Industry median: 251 €20212022 Company: 121 360 € Industry median: 161 €2023 Company: -9 194 € Industry median: 154 €20232024 Company: 1 074 € Industry median: 256 €2025 Company: 2 706 € Industry median: 283 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.1 % · +0.0 pp vs the year before · industry median 5.9 % · above 31% of the industry
-2024682016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1.4 % Industry median: 5.7 %20192020 Company: 3.7 % Industry median: 5.6 %20202021 Company: -1.2 % Industry median: 7.4 %20212022 Company: 3.4 % Industry median: 5.9 %20222023 Company: -0.3 % Industry median: 5.2 %20232024 Company: 0.0 % Industry median: 5.9 %20242025 Company: 0.1 % Industry median: 5.9 %2025-2024682018 Company: — Industry median: —2019 Company: 1.4 % Industry median: 5.7 %20192020 Company: 3.7 % Industry median: 5.6 %2021 Company: -1.2 % Industry median: 7.4 %20212022 Company: 3.4 % Industry median: 5.9 %2023 Company: -0.3 % Industry median: 5.2 %20232024 Company: 0.0 % Industry median: 5.9 %2025 Company: 0.1 % Industry median: 5.9 %2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 828 099 € · +0.4% vs 2024
05001 0001 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 408 105 €20192020 Company: 747 654 €20202021 Company: 651 149 €20212022 Company: 828 480 €20222023 Company: 748 307 €20232024 Company: 824 900 €20242025 Company: 828 099 €202505001 0001 5002018 Company: —2019 Company: 1 408 105 €20192020 Company: 747 654 €2021 Company: 651 149 €20212022 Company: 828 480 €2023 Company: 748 307 €20232024 Company: 824 900 €2025 Company: 828 099 €2025
Equity, € thousand 2025: 558 031 € · +0.5% vs 2024
02004006002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 359 325 €20192020 Company: 475 179 €20202021 Company: 442 085 €20212022 Company: 563 445 €20222023 Company: 554 251 €20232024 Company: 555 325 €20242025 Company: 558 031 €202502004006002018 Company: —2019 Company: 359 325 €20192020 Company: 475 179 €2021 Company: 442 085 €20212022 Company: 563 445 €2023 Company: 554 251 €20232024 Company: 555 325 €2025 Company: 558 031 €2025
Employees 2025: 39 · +2.6% vs 2024 · industry median 1 · above 98% of the industry
0204060801002016 Company: 89 Industry median: —20162017 Company: 81 Industry median: —20172018 Company: 76 Industry median: 120182019 Company: 70 Industry median: 120192020 Company: 47 Industry median: 120202021 Company: 41 Industry median: 120212022 Company: 44 Industry median: 120222023 Company: 39 Industry median: 120232024 Company: 38 Industry median: 120242025 Company: 39 Industry median: 120250204060802018 Company: 76 Industry median: 12019 Company: 70 Industry median: 120192020 Company: 47 Industry median: 12021 Company: 41 Industry median: 120212022 Company: 44 Industry median: 12023 Company: 39 Industry median: 120232024 Company: 38 Industry median: 12025 Company: 39 Industry median: 12025
  • Company
  • Industry median

Industry: Real estate activities (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 4 003 891 2 706 999 543 828 099 558 031 39
2024 3 635 758 1 074 935 171 824 900 555 325 38
2023 3 584 077 -9 194 892 093 748 307 554 251 39
2022 3 537 599 121 360 825 568 828 480 563 445 44
2021 2 869 425 -33 094 664 674 651 149 442 085 41
2020 3 127 302 115 854 735 443 747 654 475 179 47
2019 5 427 151 73 345 1 132 017 1 408 105 359 325 70
2018 — — — — — 76
2017 — — — — — 81
2016 — — — — — 89
2015 — — — — — 98
2014 — — — — — 85
2013 — — — — — 93
2012 — — — — — 84
2011 — — — — — 77
2010 — — — — — 71
2009 — — — — — 74
2008 — — — — — 118
2006 — — — — — 129
2005 — — — — — 83
2004 — — — — — 56
2003 — — — — — 50
2002 — — — — — 58
2001 — — — — — 62
2000 — — — — — 48
1999 — — — — — 31

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
0.1 %
Net profit / revenue
Return on equity (ROE)
0.5 %
Net profit / equity
Return on assets (ROA)
0.3 %
Net profit / assets
Equity ratio
67.4 %
Equity / assets
Debt ratio
32.6 %
Liabilities / assets
Current ratio
3.03
Current assets / current liabilities
Revenue per employee
102 792 €
Revenue / average full-time employees
Labour cost per employee per month
2 136 €
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 7 Apr 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 2 Apr 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 21 May 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 19 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 1 Apr 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 1 Apr 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 29 Jun 2020 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Madis Järv
    Board member · since 15 Sep 2006
  • Oliver Menk
    Board member · since 21 Dec 2016

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)

  • 68201Rental and operating of own or leased real estate Main
Rulings
Number, date Title Deadline State Document
Ä 20002847 / 23
28 Jul 2026
Entry refused: deficiencies not eliminated In force
13 Aug 2026
PDF
Ä 20002847 / M23
9 Jun 2026
Ruling to eliminate deficiencies 11 Jul 2026 In force
27 Jun 2026
PDF
Ä 20002847 / M22
15 May 2026
Ruling to eliminate deficiencies 14 Jun 2026 In force
2 Jun 2026
PDF
Ä 20002847 / 22
13 Apr 2026
Amendment under Code of Civil Procedure § 595¹ (1) In force
13 Apr 2026
PDF
Ä 20002847 / M21
29 Nov 2022
Ruling to eliminate deficiencies 11 Dec 2022 In force
29 Nov 2022
PDF
Ä 20002847 / M20
14 Nov 2022
Ruling to correct data outside an entry 4 Dec 2022 Deficiencies eliminated
16 Nov 2022
PDF
Ä 20002847 / M19
4 Apr 2022
Warning of compulsory dissolution: insufficient net assets 4 Oct 2022 Deficiencies eliminated
19 Oct 2022
PDF
Ä 20002847 / M18
14 Mar 2019
Ruling to correct data outside an entry 28 Mar 2019 Deficiencies eliminated
15 Mar 2019
PDF
Ä 20002847 / 21
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20002847 / 20
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 20002847 / 19
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20002847 / 18
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20002847 / M17
3 Mar 2017
Procedural ruling 17 Mar 2017 Deficiencies eliminated
6 Mar 2017
PDF
Ä 20002847 / 17
21 Dec 2016
Amendment entry In force
21 Dec 2016
PDF
Ä 20002847 / M16
18 Aug 2015
Ruling to eliminate deficiencies 17 Sep 2015 Deficiencies eliminated
18 Aug 2015
PDF
Ä 20002847 / 16
18 Aug 2015
Amendment entry In force
18 Aug 2015
PDF
Ä 20002847 / 15
30 Jun 2015
Entry refused: deficiencies not eliminated In force
1 Jul 2015
PDF
Ä 20002847 / M15
27 May 2015
Ruling to eliminate deficiencies 26 Jun 2015 In force
27 May 2015
PDF
Ä 20002847 / 14
31 May 2011
Amendment entry In force
31 May 2011
PDF
Ä 20002847 / 13
9 May 2011
Amendment entry In force
9 May 2011
PDF
Ä 20002847 / M14
5 May 2011
Ruling to eliminate deficiencies 5 Jul 2011 In force
5 May 2011
PDF
Ä 20002847 / 12
15 Apr 2011
Amendment entry In force
15 Apr 2011
PDF
Ä 20002847 / 11
15 Apr 2010
Deletion of activities from the registry card In force
15 Apr 2010
PDF
Ä 2847 / M13
26 Jan 2009
Warning of deletion from the register: annual report not filed Deficiencies eliminated
8 May 2009
PDF
Ä 2847 / M12
11 Nov 2008
Fine for not filing the report 13 Dec 2008 In force
13 Nov 2008
PDF
Ä 2847 / M11
13 Feb 2008
Warning of deletion from the register: annual report not filed Deficiencies eliminated
21 Feb 2008
PDF
Ä 2847 / M10
20 Sep 2007
Fine for not filing the report 18 Nov 2007 In force
19 Oct 2007
PDF
Ä 2847 / 10
29 May 2007
Amendment entry In force
29 May 2007
PDF
Ä 2847 / 9
23 Feb 2007
Amendment entry In force
1 Mar 2007
PDF
Ä 2847 / M9
26 Oct 2006
Fine for not filing the report 2 Dec 2006 In force
1 Nov 2006
PDF
Ä 2847 / 8
15 Sep 2006
Amendment entry In force
15 Sep 2006
PDF
Ä 2847 / M8
25 Jul 2006
Ruling to eliminate deficiencies (to be served) 25 Sep 2006 In force
26 Jul 2006
PDF
Ä 2847 / 7
31 Oct 2002
Entry decision on the register’s own initiative In force PDF
Ä 2847 / 6
16 Jul 2002
Unpublished amendment entry In force PDF
Ä 2847 / M7
27 Mar 2002
Ruling to be served In force PDF

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