Maag Agro AS
Active Registry code 10153584
AS Mäeltküla Registered 28 Feb 1997
Maag Agro AS is a AS based in Mäeltküla, registry code 10153584, status: active. Main activity: Raising of poultry. According to EMTA, turnover for Q3 2026 was €23 242 688 with 151 employees.
Turnover
23 242 688 €
↑ 10.5% vs Q2 2026
State taxes
2 324 090 €
↑ 102.8% vs Q2 2026
Labour taxes
482 541 €
↑ 0.5% vs Q2 2026
Employees
151
−5 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 23.2 mn €above 98% of companiesindustry median 15 366 € · companies in the industry: 3 793
- Labour taxes per employee 3 196 €above 87% of companiesindustry median 1 296 € · companies in the industry: 1 998
- Revenue · 2025 72.5 mn €above 98% of companiesindustry median 10 955 € · companies in the industry: 5 062
- Net profit margin · 2025 13.0 %above 53% of companiesindustry median 10.0 % · companies in the industry: 3 757
Taxes and turnover
- Company
- Industry median
Industry: Crop and animal production, hunting and related service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Crop and animal production, hunting and related service activities (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 | 23 242 688 | 2 324 090 | 482 541 | 151 |
| Q2 2026 | 21 028 785 | 1 145 942 | 480 318 | 156 |
| Q1 2026 | 24 061 711 | 2 111 086 | 597 084 | 149 |
| Q4 2025 | 21 124 767 | 1 775 919 | 704 670 | 182 |
| Q3 2025 | 21 184 069 | 2 082 676 | 665 315 | 223 |
| Q2 2025 | 21 583 842 | 2 087 086 | 735 758 | 236 |
| Q1 2025 | 18 802 454 | 1 558 214 | 655 825 | 236 |
| Q4 2024 | 19 476 980 | 1 838 996 | 560 491 | 245 |
| Q3 2024 | 19 596 997 | 2 074 644 | 562 208 | 240 |
| Q2 2024 | 12 170 550 | 1 006 218 | 320 079 | 237 |
| Q1 2024 | 7 713 888 | 619 174 | 312 027 | 228 |
| Q4 2023 | 8 825 814 | 749 966 | 298 164 | 222 |
| Q3 2023 | 8 764 837 | 705 586 | 316 407 | 220 |
| Q2 2023 | 9 621 990 | 634 613 | 284 516 | 227 |
| Q1 2023 | 7 454 927 | 267 697 | 277 592 | 220 |
| Q4 2022 | 8 612 959 | 308 409 | 266 488 | 208 |
| Q3 2022 | 7 951 677 | 373 161 | 297 320 | 199 |
| Q2 2022 | 8 049 650 | 401 434 | 290 964 | 205 |
| Q1 2022 | 5 724 519 | 264 206 | 270 105 | 202 |
Labour taxes per employee per month
1 065 €
Turnover per employee in the quarter
153 925 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Crop and animal production, hunting and related service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Crop and animal production, hunting and related service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Crop and animal production, hunting and related service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Crop and animal production, hunting and related service activities (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 | 72 476 000 | 9 445 000 | 6 424 000 | 77 157 000 | 48 710 000 | 186 |
| 2024 | 57 341 621 | 8 045 000 | 5 216 000 | 59 245 000 | 39 265 000 | 245 |
| 2023 | 33 860 000 | 10 459 000 | 3 172 000 | 37 775 000 | 33 124 000 | 148 |
| 2022 | 29 646 000 | -6 635 000 | 2 943 000 | 28 936 000 | 22 665 000 | 148 |
| 2021 | 22 591 000 | -3 752 000 | 3 109 000 | 34 275 000 | 29 300 000 | 174 |
| 2020 | 30 054 000 | 950 000 | 2 926 000 | 37 234 000 | 33 052 000 | 169 |
| 2019 | 30 307 000 | 3 087 000 | 3 015 000 | 36 730 000 | 32 102 000 | 166 |
| 2018 | — | — | — | — | — | 174 |
| 2017 | — | — | — | — | — | 166 |
| 2016 | — | — | — | — | — | 174 |
| 2015 | — | — | — | — | — | 196 |
| 2014 | — | — | — | — | — | 193 |
| 2013 | — | — | — | — | — | 190 |
| 2012 | — | — | — | — | — | 190 |
| 2011 | — | — | — | — | — | 190 |
| 2010 | — | — | — | — | — | 202 |
| 2009 | — | — | — | — | — | 182 |
| 2008 | — | — | — | — | — | 169 |
| 2007 | — | — | — | — | — | 168 |
| 2005 | — | — | — | — | — | 162 |
| 2004 | — | — | — | — | — | 173 |
| 2003 | — | — | — | — | — | 192 |
| 2002 | — | — | — | — | — | 198 |
| 2001 | — | — | — | — | — | 196 |
| 1998 | — | — | — | — | — | 219 |
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
13.0 %
Net profit / revenue
Return on equity (ROE)
19.4 %
Net profit / equity
Return on assets (ROA)
12.2 %
Net profit / assets
Equity ratio
63.1 %
Equity / assets
Debt ratio
36.9 %
Liabilities / assets
Current ratio
4.69
Current assets / current liabilities
Revenue per employee
389 656 €
Revenue / average full-time employees
Labour cost per employee per month
2 878 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 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 | 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 | 14 Jul 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 1 Jul 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 30 Jun 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 5 | 4 000 000 € | Swedbank AS | 14 Nov 2023 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Silver KaurBoard member · since 7 Sep 2023
- Priit DreimannBoard member · since 29 Sep 2023
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Toomas JuhaniIndirect ownership · since 19 Mar 2026
- Roland LeppIndirect ownership · since 27 Sep 2023
Founders and other persons
- KPMG Baltics OÜAudit firm · 11 Oct 2023
- Roland LeppChairman of the supervisory board · 31 Aug 2023
- Erik HaavamäeSupervisory board member · 31 Aug 2023
- Toomas JuhaniSupervisory board member · 31 Aug 2023
- Omanikukonto: MAAG ESTONIA ASShareholder · 446 976 € · 12 Sep 2023
Related companies
Activities (EMTAK)
- 01471Raising of poultry Main
- 01461Raising of swine and pigs
- 46111Activities of agents involved in the wholesale of agricultural raw materials, live animals, textile raw materials and semi-finished goods
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20031288 / 33 26 Aug 2026 |
Amendment entry | In force 26 Aug 2026 |
||
| Ä 20031288 / 32 18 Feb 2025 |
Amendment entry | In force 18 Feb 2025 |
||
| Ä 20031288 / 31 19 Dec 2024 |
Amendment entry | In force 19 Dec 2024 |
||
| Ä 20031288 / 30 1 Aug 2024 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 1 Aug 2024 |
||
| Ä 20031288 / 29 21 Nov 2023 |
Amendment entry | In force 21 Nov 2023 |
||
| K 20031288 / 28 14 Nov 2023 |
Commercial pledge entered | In force 14 Nov 2023 |
||
| Ä 20031288 / M5 10 Nov 2023 |
Procedural ruling | 20 Nov 2023 | Deficiencies eliminated 13 Nov 2023 |
|
| Ä 20031288 / 27 29 Sep 2023 |
Amendment entry | In force 29 Sep 2023 |
||
| Ä 20031288 / 26 7 Sep 2023 |
Amendment entry | In force 7 Sep 2023 |
||
| K 20031288 / 25 11 Aug 2023 |
Commercial pledge deleted | In force 11 Aug 2023 |
||
| Ä 20031288 / 24 30 Jan 2023 |
Amendment entry | In force 30 Jan 2023 |
||
| Ä 20031288 / 23 22 Dec 2022 |
Amendment entry | In force 22 Dec 2022 |
||
| Ä 20031288 / 22 11 Nov 2022 |
Amendment entry | In force 11 Nov 2022 |
||
| Ä 20031288 / M4 8 Nov 2022 |
Ruling to eliminate deficiencies | 8 Dec 2022 | Deficiencies eliminated 11 Nov 2022 |
|
| Ä 20031288 / M3 4 Nov 2022 |
Procedural ruling | 14 Nov 2022 | Deficiencies eliminated 8 Nov 2022 |
|
| Ä 20031288 / 21 17 Sep 2021 |
Amendment entry | In force 17 Sep 2021 |
||
| Ä 20031288 / 20 27 Feb 2019 |
Amendment entry | In force 27 Feb 2019 |
||
| Ä 20031288 / 19 16 Oct 2018 |
Amendment entry | In force 16 Oct 2018 |
||
| Ä 20031288 / 18 4 Jul 2018 |
Amendment entry | In force 4 Jul 2018 |
||
| Ä 20031288 / 17 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 20031288 / 16 4 Dec 2017 |
Amendment entry | In force 4 Dec 2017 |
||
| Ä 20031288 / 15 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 20031288 / 14 6 Sep 2017 |
Amendment entry | In force 6 Sep 2017 |
||
| Ä 20031288 / 13 7 Dec 2016 |
Amendment entry | In force 7 Dec 2016 |
||
| Ä 20031288 / 12 1 Dec 2016 |
Amendment entry | In force 1 Dec 2016 |
||
| Ä 20031288 / 11 13 Aug 2015 |
Amendment under Commercial Code § 525 (2) | In force 13 Aug 2015 |
||
| Ä 20031288 / 10 13 May 2015 |
Amendment entry | In force 13 May 2015 |
||
| Ä 20031288 / 9 5 Sep 2013 |
Amendment under Commercial Code § 525 (2) | In force 5 Sep 2013 |
||
| Ä 20031288 / 8 3 Jul 2013 |
Amendment entry | In force 3 Jul 2013 |
||
| Ä 20031288 / 7 14 Jul 2011 |
Amendment entry | In force 14 Jul 2011 |
||
| Ä 31288 / 6 27 Aug 2009 |
Second (constitutive) merger entry | In force 27 Aug 2009 |
||
| Ä 31288 / M2 21 Aug 2009 |
Ruling to eliminate deficiencies | 1 Oct 2009 | In force 21 Aug 2009 |
|
| Ä 31288 / 5 3 Dec 2008 |
Deletion of activities from the registry card | In force 22 Dec 2008 |
||
| Ä 31288 / 4 28 Jul 2008 |
Second (constitutive) merger entry | In force 28 Jul 2008 |
||
| Ä 31288 / 3 8 Jan 2008 |
Amendment entry | In force 8 Jan 2008 |
||
| Ä 31288 / M1 18 Dec 2007 |
Ruling to eliminate deficiencies (to be served) | 19 Jan 2008 | In force 20 Dec 2007 |
|
| Ä 31288 / 2 8 Jan 2007 |
Second (constitutive) merger entry | In force 10 Jan 2007 |
||
| Ä 5121 / 9 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| Ä 31288 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| K 5313 / 5 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| K 31289 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| Ä 5121 / M5 30 Mar 2005 |
Ruling to eliminate deficiencies (to be served) | 30 Apr 2005 | In force | |
| Ä 5121 / 8 15 Jul 2003 |
Entry decision on the register’s own initiative | In force | ||
| Ä 5121 / 7 22 Jan 2003 |
Unpublished amendment entry | In force | ||
| Ä 5121 / M4 9 Jan 2003 |
Ruling to eliminate deficiencies (to be served) | 9 Mar 2003 | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data