CF&S Estonia AS
Active Registry code 10139213
AS Tallinn Registered 8 Apr 1997
CF&S Estonia AS is a AS based in Tallinn, registry code 10139213, status: active. Main activity: Logistics service activities. According to EMTA, turnover for Q3 2026 was €21 590 957 with 137 employees.
Turnover
21 590 957 €
↓ 5.9% vs Q2 2026
State taxes
4 497 240 €
↓ 72.9% vs Q2 2026
Labour taxes
902 181 €
↑ 12.7% vs Q2 2026
Employees
137
+7 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 21.6 mn €above 98% of companiesindustry median 38 439 € · companies in the industry: 1 299
- Labour taxes per employee 6 585 €above 98% of companiesindustry median 1 714 € · companies in the industry: 884
- Revenue · 2025 54.7 mn €above 98% of companiesindustry median 36 293 € · companies in the industry: 2 027
Taxes and turnover
- Company
- Industry median
Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 21 590 957 | 4 497 240 | 902 181 | 137 |
| Q2 2026 | 22 953 683 | 16 593 192 | 800 543 | 130 |
| Q1 2026 | 18 259 461 | 3 390 247 | 831 799 | 136 |
| Q4 2025 | 19 951 383 | 3 307 885 | 828 993 | 139 |
| Q3 2025 | 19 678 220 | 4 019 324 | 816 826 | 140 |
| Q2 2025 | 18 402 859 | 3 867 226 | 716 882 | 142 |
| Q1 2025 | 16 744 007 | 3 588 998 | 734 015 | 147 |
| Q4 2024 | 17 930 230 | 5 603 510 | 710 942 | 125 |
| Q3 2024 | 16 137 799 | 6 901 459 | 798 789 | 104 |
| Q2 2024 | 16 788 143 | 20 019 881 | 624 978 | 108 |
| Q1 2024 | 15 224 123 | 10 068 736 | 868 079 | 107 |
| Q4 2023 | 15 259 783 | 3 928 366 | 770 485 | 112 |
| Q3 2023 | 16 607 050 | 3 906 784 | 942 170 | 117 |
| Q2 2023 | 20 540 160 | 5 240 034 | 980 646 | 114 |
| Q1 2023 | 20 433 988 | 4 412 464 | 866 539 | 117 |
| Q4 2022 | 27 189 905 | 7 031 888 | 733 896 | 117 |
| Q3 2022 | 21 361 144 | 4 935 398 | 830 493 | 119 |
| Q2 2022 | 19 394 830 | 6 700 435 | 742 713 | 118 |
| Q1 2022 | 21 231 426 | 5 943 727 | 792 752 | 118 |
Labour taxes per employee per month
2 195 €
Turnover per employee in the quarter
157 598 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 54 716 000 | — | — | 63 430 000 | — | 140 |
| 2024 | 43 967 156 | 3 345 203 | 6 776 932 | 55 806 386 | 36 042 992 | 115 |
| 2023 | 47 929 505 | 2 587 925 | 8 590 904 | 51 283 009 | 33 397 789 | 106 |
| 2022 | 70 598 255 | 3 918 610 | 7 725 710 | 40 573 191 | 30 809 864 | 121 |
| 2021 | 56 531 000 | 4 009 776 | 6 104 957 | 36 410 986 | 26 891 254 | 0 |
| 2020 | 29 397 066 | 1 148 700 | 4 267 766 | 27 652 968 | 22 881 478 | 114 |
| 2019 | 33 566 473 | 1 199 774 | 4 114 483 | 28 018 687 | 21 907 778 | 130 |
| 2018 | — | — | — | — | — | 115 |
| 2017 | — | — | — | — | — | 106 |
| 2016 | — | — | — | — | — | 98 |
| 2015 | — | — | — | — | — | 101 |
| 2014 | — | — | — | — | — | 87 |
| 2013 | — | — | — | — | — | 76 |
| 2012 | — | — | — | — | — | 68 |
| 2008 | — | — | — | — | — | 46 |
| 2005 | — | — | — | — | — | 44 |
| 2004 | — | — | — | — | — | 42 |
| 2003 | — | — | — | — | — | 37 |
| 2002 | — | — | — | — | — | 35 |
| 2001 | — | — | — | — | — | 31 |
| 2000 | — | — | — | — | — | 30 |
| 1999 | — | — | — | — | — | 21 |
| 1998 | — | — | — | — | — | 13 |
| 1997 | — | — | — | — | — | 9 |
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
Revenue per employee
409 443 €
Revenue / average full-time employees
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 18 Jun 2026 | Consolidated · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 8 Jul 2025 | Consolidated · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 30 Jun 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 28 Jun 2022 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 3 Jul 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 18 Jun 2020 | Consolidated · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Tiit ArusBoard member · since 10 Feb 2017
- Hannes MändBoard member · since 8 May 2019
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Ants RatasMember of a senior management body (management or supervisory board) · since 9 Feb 2026
- Hannes MändMember of a senior management body (management or supervisory board) · since 9 Feb 2026
- Tiit ArusMember of a senior management body (management or supervisory board) · since 9 Feb 2026
- Tõnis PohlaMember of a senior management body (management or supervisory board) · since 9 Feb 2026
- Tarmo NurmetaloMember of a senior management body (management or supervisory board) · since 21 Oct 2022
Founders and other persons
- Brad Invesrments IncFounder · 400 000 € · 8 Apr 1997
- Indrek AlliksaarAudit firm · 4 Nov 2021
- KPMG Baltics OÜAudit firm · 4 Nov 2021
- Tarmo NurmetaloChairman of the supervisory board · 21 Dec 2025
- Ants RatasSupervisory board member · 21 Dec 2025
- Tõnis PohlaSupervisory board member · 4 Feb 2026
- Omanikukonto: Baltic Maritime Logistics Group ASShareholder · 110 000 € · 11 Nov 2025
Related companies
Activities (EMTAK)
- 52251Logistics service activities Main
- 52101Operation of storage and warehouse facilities
- 5222Service activities incidental to water transportation
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10011810 / M9 7 Jul 2025 |
Warning of a fine: annual report not filed | 6 Aug 2025 | Deficiencies eliminated 9 Jul 2025 |
|
| Ä 10011810 / 34 6 Mar 2025 |
Amendment entry | In force 6 Mar 2025 |
||
| Ä 10011810 / 33 31 Jul 2023 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 31 Jul 2023 |
||
| Ä 10011810 / 32 3 Apr 2023 |
Amendment entry | In force 3 Apr 2023 |
||
| Ä 10011810 / 31 2 Feb 2023 |
Amendment entry | In force 2 Feb 2023 |
||
| K 10011810 / 30 28 Dec 2021 |
Commercial pledge deleted | In force 28 Dec 2021 |
||
| K 10011810 / 29 28 Dec 2021 |
Commercial pledge deleted | In force 28 Dec 2021 |
||
| K 10011810 / 28 28 Dec 2021 |
Commercial pledge deleted | In force 28 Dec 2021 |
||
| Ä 10011810 / 27 8 May 2019 |
Amendment entry | In force 8 May 2019 |
||
| K 10011810 / 26 2 Aug 2018 |
Commercial pledge entered | In force 2 Aug 2018 |
||
| Ä 10011810 / 25 16 Jan 2018 |
Amendment entry | In force 16 Jan 2018 |
||
| Ä 10011810 / 24 7 Nov 2017 |
Amendment entry | In force 7 Nov 2017 |
||
| Ä 10011810 / 23 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10011810 / 22 10 Feb 2017 |
Amendment entry | In force 10 Feb 2017 |
||
| Ä 10011810 / 21 10 Feb 2017 |
Amendment entry | In force 10 Feb 2017 |
||
| Ä 10011810 / M8 7 Feb 2017 |
Ruling to eliminate deficiencies | 27 Feb 2017 | Deficiencies eliminated 10 Feb 2017 |
|
| Ä 10011810 / 20 14 Sep 2016 |
Amendment entry | In force 14 Sep 2016 |
||
| Ä 10011810 / 19 2 Feb 2016 |
Amendment entry | In force 2 Feb 2016 |
||
| Ä 10011810 / M7 29 Jan 2016 |
Ruling to eliminate deficiencies | 18 Feb 2016 | Deficiencies eliminated 2 Feb 2016 |
|
| Ä 10011810 / 18 1 Sep 2015 |
Amendment entry | In force 1 Sep 2015 |
||
| Ä 10011810 / 17 25 Sep 2012 |
Amendment entry | In force 25 Sep 2012 |
||
| Ä 10011810 / M6 18 Sep 2012 |
Ruling to eliminate deficiencies | 15 Oct 2012 | In force 18 Sep 2012 |
|
| Ä 10011810 / 16 11 Jul 2011 |
Amendment entry | In force 11 Jul 2011 |
||
| Ä 10011810 / M5 21 Jun 2011 |
Ruling to eliminate deficiencies | In force 21 Jun 2011 |
||
| Ä 10011810 / 15 4 Aug 2010 |
Second (constitutive) merger entry | In force 4 Aug 2010 |
||
| K 14187 / 4 10 Jun 2009 |
Commercial pledge entered | In force 10 Jun 2009 |
||
| Ä 11810 / 14 3 Dec 2008 |
Deletion of activities from the registry card | In force 4 Dec 2008 |
||
| Ä 11810 / 13 14 Dec 2007 |
Amendment entry | In force 14 Dec 2007 |
||
| Ä 11810 / 12 4 Oct 2007 |
Amendment entry | In force 4 Oct 2007 |
||
| Ä 11810 / M4 2 Oct 2007 |
Ruling to eliminate deficiencies (to be served) | 18 Nov 2007 | In force 4 Oct 2007 |
|
| Ä 11810 / 11 22 Feb 2006 |
Amendment entry | In force 22 Feb 2006 |
||
| Ä 11810 / 10 22 Feb 2006 |
Amendment entry | In force 22 Feb 2006 |
||
| Ä 11810 / M3 6 Feb 2006 |
Ruling to eliminate deficiencies (to be served) | In force 9 Feb 2006 |
||
| Ä 11810 / 9 3 Jan 2005 |
Amendment entry | In force | ||
| Ä 11810 / 8 20 Dec 2004 |
Amendment entry | In force | ||
| Ä 11810 / M2 23 Nov 2004 |
Ruling to eliminate deficiencies (to be served) | In force | ||
| Ä 11810 / 7 1 Oct 2002 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data