AS Maag Grupp

Active Registry code 10209474 AS Tartu linn Registered 21 May 1997
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AS Maag Grupp is a AS based in Tartu linn, registry code 10209474, status: active. Main activity: Activities of head offices. According to EMTA, turnover for Q3 2026 was €365 254 with 6 employees.

Turnover
365 254 €
↓ 5.8% vs Q2 2026
State taxes
110 074 €
↑ 24.8% vs Q2 2026
Labour taxes
68 674 €
↓ 3.7% vs Q2 2026
Employees
6
±0 vs Q2 2026

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

Position in the industry Activities of head offices and management consultancy · EMTAK 70

  • Turnover · Q3 2026 365 254 €
    industry median 13 705 € · companies in the industry: 4 338
  • Labour taxes per employee 11 446 €
    industry median 1 649 € · companies in the industry: 1 689
  • Revenue · 2025 977 507 €
    industry median 10 800 € · companies in the industry: 9 687
  • Net profit margin · 2025 368.9 %
    industry median 22.0 % · companies in the industry: 6 494

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 365 254 € · −5.8% vs Q2 2026 · industry median 13 705 € · above 98% of the industry
02 0004 0006 000Q4 2023 Company: 5 852 500 € Industry median: 15 091 €Q4·23Q1 2024 Company: 4 179 763 € Industry median: 14 762 €Q2 2024 Company: 3 712 840 € Industry median: 14 762 €Q2·24Q3 2024 Company: 207 363 € Industry median: 14 140 €Q4 2024 Company: 313 576 € Industry median: 15 052 €Q4·24Q1 2025 Company: 312 264 € Industry median: 14 703 €Q2 2025 Company: 275 629 € Industry median: 13 688 €Q2·25Q3 2025 Company: 248 723 € Industry median: 13 984 €Q4 2025 Company: 400 080 € Industry median: 14 505 €Q4·25Q1 2026 Company: 390 652 € Industry median: 14 237 €Q2 2026 Company: 387 862 € Industry median: 14 128 €Q2·26Q3 2026 Company: 365 254 € Industry median: 13 705 €Q3·260100200300400500Q4 2024 Company: 313 576 € Industry median: 15 052 €Q1 2025 Company: 312 264 € Industry median: 14 703 €Q1·25Q2 2025 Company: 275 629 € Industry median: 13 688 €Q3 2025 Company: 248 723 € Industry median: 13 984 €Q3·25Q4 2025 Company: 400 080 € Industry median: 14 505 €Q1 2026 Company: 390 652 € Industry median: 14 237 €Q1·26Q2 2026 Company: 387 862 € Industry median: 14 128 €Q3 2026 Company: 365 254 € Industry median: 13 705 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 11 446 € · −3.7% vs Q2 2026 · industry median 1 649 € · above 98% of the industry
010 00020 00030 00040 000Q4 2023 Company: 32 576 € Industry median: 1 639 €Q4·23Q1 2024 Company: 16 355 € Industry median: 1 650 €Q2 2024 Company: 9 199 € Industry median: 1 721 €Q2·24Q3 2024 Company: 11 732 € Industry median: 1 700 €Q4 2024 Company: 11 176 € Industry median: 1 679 €Q4·24Q1 2025 Company: 11 535 € Industry median: 1 739 €Q2 2025 Company: 15 808 € Industry median: 1 758 €Q2·25Q3 2025 Company: 11 361 € Industry median: 1 758 €Q4 2025 Company: 11 066 € Industry median: 1 758 €Q4·25Q1 2026 Company: 10 605 € Industry median: 1 641 €Q2 2026 Company: 11 888 € Industry median: 1 597 €Q2·26Q3 2026 Company: 11 446 € Industry median: 1 649 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 11 176 € Industry median: 1 679 €Q1 2025 Company: 11 535 € Industry median: 1 739 €Q1·25Q2 2025 Company: 15 808 € Industry median: 1 758 €Q3 2025 Company: 11 361 € Industry median: 1 758 €Q3·25Q4 2025 Company: 11 066 € Industry median: 1 758 €Q1 2026 Company: 10 605 € Industry median: 1 641 €Q1·26Q2 2026 Company: 11 888 € Industry median: 1 597 €Q3 2026 Company: 11 446 € Industry median: 1 649 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 6 · +0.0% vs Q2 2026
02468Q4 2023 Company: 5Q4·23Q1 2024 Company: 5Q2 2024 Company: 7Q2·24Q3 2024 Company: 6Q4 2024 Company: 6Q4·24Q1 2025 Company: 6Q2 2025 Company: 6Q2·25Q3 2025 Company: 6Q4 2025 Company: 6Q4·25Q1 2026 Company: 6Q2 2026 Company: 6Q2·26Q3 2026 Company: 6Q3·260246Q4 2024 Company: 6Q1 2025 Company: 6Q1·25Q2 2025 Company: 6Q3 2025 Company: 6Q3·25Q4 2025 Company: 6Q1 2026 Company: 6Q1·26Q2 2026 Company: 6Q3 2026 Company: 6Q3·26
State taxes, € thousand Q3 2026: 110 074 € · +24.8% vs Q2 2026
0200400600800Q4 2023 Company: 644 829 €Q4·23Q1 2024 Company: 487 215 €Q2 2024 Company: 417 460 €Q2·24Q3 2024 Company: 67 289 €Q4 2024 Company: 84 860 €Q4·24Q1 2025 Company: 69 877 €Q2 2025 Company: 103 183 €Q2·25Q3 2025 Company: 78 516 €Q4 2025 Company: 78 429 €Q4·25Q1 2026 Company: 115 619 €Q2 2026 Company: 88 223 €Q2·26Q3 2026 Company: 110 074 €Q3·260255075100125Q4 2024 Company: 84 860 €Q1 2025 Company: 69 877 €Q1·25Q2 2025 Company: 103 183 €Q3 2025 Company: 78 516 €Q3·25Q4 2025 Company: 78 429 €Q1 2026 Company: 115 619 €Q1·26Q2 2026 Company: 88 223 €Q3 2026 Company: 110 074 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 365 254 110 074 68 674 6
Q2 2026 387 862 88 223 71 327 6
Q1 2026 390 652 115 619 63 632 6
Q4 2025 400 080 78 429 66 393 6
Q3 2025 248 723 78 516 68 168 6
Q2 2025 275 629 103 183 94 846 6
Q1 2025 312 264 69 877 69 211 6
Q4 2024 313 576 84 860 67 058 6
Q3 2024 207 363 67 289 70 391 6
Q2 2024 3 712 840 417 460 64 390 7
Q1 2024 4 179 763 487 215 81 777 5
Q4 2023 5 852 500 644 829 162 882 5
Q3 2023 12 515 772 1 282 694 209 457 6
Q2 2023 13 374 339 1 406 574 220 783 10
Q1 2023 12 476 985 1 085 657 185 720 16
Q4 2022 11 069 917 1 054 623 192 229 20
Q3 2022 12 478 967 1 209 759 193 201 21
Q2 2022 12 125 897 1 216 008 186 611 21
Q1 2022 10 915 583 1 053 753 176 793 21
Labour taxes per employee per month
3 815 €
Turnover per employee in the quarter
60 876 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 977 507 € · −75.4% vs 2024 · industry median 10 800 € · above 98% of the industry
010 00020 00030 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 30 630 € Industry median: 8 998 €20192020 Company: 25 316 € Industry median: 8 779 €20202021 Company: 24 371 € Industry median: 9 884 €20212022 Company: 27 003 493 € Industry median: 10 945 €20222023 Company: 23 617 798 € Industry median: 11 079 €20232024 Company: 3 979 019 € Industry median: 10 766 €20242025 Company: 977 507 € Industry median: 10 800 €2025010 00020 00030 0002018 Company: — Industry median: —2019 Company: 30 630 € Industry median: 8 998 €20192020 Company: 25 316 € Industry median: 8 779 €2021 Company: 24 371 € Industry median: 9 884 €20212022 Company: 27 003 493 € Industry median: 10 945 €2023 Company: 23 617 798 € Industry median: 11 079 €20232024 Company: 3 979 019 € Industry median: 10 766 €2025 Company: 977 507 € Industry median: 10 800 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 3 606 000 € · −24.4% vs 2024 · industry median 284 € · above 98% of the industry
010 00020 00030 00040 00050 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 431 000 € Industry median: 966 €20192020 Company: 542 000 € Industry median: 760 €20202021 Company: 3 352 000 € Industry median: 1 171 €20212022 Company: 113 000 € Industry median: 470 €20222023 Company: 41 251 000 € Industry median: 681 €20232024 Company: 4 770 000 € Industry median: 538 €20242025 Company: 3 606 000 € Industry median: 284 €2025010 00020 00030 00040 00050 0002018 Company: — Industry median: —2019 Company: 1 431 000 € Industry median: 966 €20192020 Company: 542 000 € Industry median: 760 €2021 Company: 3 352 000 € Industry median: 1 171 €20212022 Company: 113 000 € Industry median: 470 €2023 Company: 41 251 000 € Industry median: 681 €20232024 Company: 4 770 000 € Industry median: 538 €2025 Company: 3 606 000 € Industry median: 284 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 368.9 % · +249.0 pp vs the year before · industry median 22.0 % · above 98% of the industry
05 00010 00015 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4 671.9 % Industry median: 31.9 %20192020 Company: 2 140.9 % Industry median: 32.1 %20202021 Company: 13 754.1 % Industry median: 35.7 %20212022 Company: 0.4 % Industry median: 27.6 %20222023 Company: 174.7 % Industry median: 28.4 %20232024 Company: 119.9 % Industry median: 25.0 %20242025 Company: 368.9 % Industry median: 22.0 %202505 00010 00015 0002018 Company: — Industry median: —2019 Company: 4 671.9 % Industry median: 31.9 %20192020 Company: 2 140.9 % Industry median: 32.1 %2021 Company: 13 754.1 % Industry median: 35.7 %20212022 Company: 0.4 % Industry median: 27.6 %2023 Company: 174.7 % Industry median: 28.4 %20232024 Company: 119.9 % Industry median: 25.0 %2025 Company: 368.9 % Industry median: 22.0 %2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, mn € 2025: 151 671 000 € · −2.5% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 65 096 000 €20192020 Company: 59 470 000 €20202021 Company: 56 656 000 €20212022 Company: 55 684 000 €20222023 Company: 150 074 000 €20232024 Company: 155 492 000 €20242025 Company: 151 671 000 €20250501001502002018 Company: —2019 Company: 65 096 000 €20192020 Company: 59 470 000 €2021 Company: 56 656 000 €20212022 Company: 55 684 000 €2023 Company: 150 074 000 €20232024 Company: 155 492 000 €2025 Company: 151 671 000 €2025
Equity, € thousand 2025: 58 946 000 € · +4.4% vs 2024
020 00040 00060 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 12 353 000 €20192020 Company: 11 595 000 €20202021 Company: 13 647 000 €20212022 Company: 12 460 000 €20222023 Company: 52 661 000 €20232024 Company: 56 451 000 €20242025 Company: 58 946 000 €2025020 00040 00060 0002018 Company: —2019 Company: 12 353 000 €20192020 Company: 11 595 000 €2021 Company: 13 647 000 €20212022 Company: 12 460 000 €2023 Company: 52 661 000 €20232024 Company: 56 451 000 €2025 Company: 58 946 000 €2025
Employees 2025: 8 · −11.1% vs 2024 · industry median 1 · above 98% of the industry
0204060802016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 61 Industry median: 120192020 Company: 59 Industry median: 120202021 Company: 55 Industry median: 120212022 Company: 60 Industry median: 120222023 Company: 46 Industry median: 120232024 Company: 9 Industry median: 120242025 Company: 8 Industry median: 120250204060802018 Company: 0 Industry median: 12019 Company: 61 Industry median: 120192020 Company: 59 Industry median: 12021 Company: 55 Industry median: 120212022 Company: 60 Industry median: 12023 Company: 46 Industry median: 120232024 Company: 9 Industry median: 12025 Company: 8 Industry median: 12025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Assets, € Equity, € Employees
2025 977 507 3 606 000 151 671 000 58 946 000 8
2024 3 979 019 4 770 000 155 492 000 56 451 000 9
2023 23 617 798 41 251 000 150 074 000 52 661 000 46
2022 27 003 493 113 000 55 684 000 12 460 000 60
2021 24 371 3 352 000 56 656 000 13 647 000 55
2020 25 316 542 000 59 470 000 11 595 000 59
2019 30 630 1 431 000 65 096 000 12 353 000 61
2018 — — — — 0
2017 — — — — 0
2016 — — — — 0
2015 — — — — 0
2014 — — — — 69
2013 — — — — 71
2012 — — — — 70
2011 — — — — 533
2004 — — — — 90
2003 — — — — 80
2002 — — — — 66
2001 — — — — 36
2000 — — — — 27
1999 — — — — 25
1998 — — — — 23
1997 — — — — 8

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
339.9 %
Net profit / revenue
Return on equity (ROE)
6.1 %
Net profit / equity
Return on assets (ROA)
2.4 %
Net profit / assets
Equity ratio
38.9 %
Equity / assets
Debt ratio
61.1 %
Liabilities / assets
Current ratio
0.66
Current assets / current liabilities
Revenue per employee
132 625 €
Revenue / average full-time employees

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 9 Jul 2026 Consolidated · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 3 Jul 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 8 Jul 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 12 Jul 2022 Consolidated · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Consolidated · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 22 Oct 2020 Consolidated · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Toomas Juhani
    Board member · since 18 Aug 2025

Right of representation

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

Owners

No owner information.

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 70101Activities of head offices Main
Rulings
Number, date Title Deadline State Document
Ä 20005968 / M8
9 Jul 2026
Warning of a fine: annual report not filed Deficiencies eliminated
10 Jul 2026
PDF
Ä 20005968 / 36
23 Jan 2026
Division entry (second, constitutive) In force
23 Jan 2026
PDF
K 20005968 / 35
14 Nov 2025
Commercial pledge deleted In force
14 Nov 2025
PDF
Ä 20005968 / 34
18 Aug 2025
Amendment entry In force
18 Aug 2025
PDF
Ä 20005968 / M7
7 Jul 2024
Warning of a fine: annual report not filed 6 Aug 2024 Deficiencies eliminated
9 Jul 2024
PDF
Ä 20005968 / 33
2 Jul 2024
Amendment entry In force
2 Jul 2024
PDF
K 20005968 / 32
11 Oct 2023
Commercial pledge deleted In force
11 Oct 2023
PDF
K 20005968 / M6
4 Oct 2023
Ruling to eliminate deficiencies 4 Nov 2023 Deficiencies eliminated
11 Oct 2023
PDF
Ä 20005968 / 31
15 Sep 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
15 Sep 2023
PDF
Ä 20005968 / 30
13 Dec 2022
Amendment entry In force
13 Dec 2022
PDF
K 20005968 / 29
7 Oct 2022
Commercial pledge entered In force
7 Oct 2022
PDF
K 20005968 / M5
6 Oct 2022
Ruling to eliminate deficiencies 20 Oct 2022 Deficiencies eliminated
7 Oct 2022
PDF
Ä 20005968 / M4
15 Jan 2020
Ruling to eliminate deficiencies 14 Feb 2020 Deficiencies eliminated
15 Jan 2020
PDF
Ä 20005968 / 28
15 Jan 2020
Amendment entry In force
15 Jan 2020
PDF
Ä 20005968 / 27
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20005968 / 26
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 20005968 / 25
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20005968 / 24
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20005968 / 23
20 Jun 2017
Amendment under Commercial Code § 525 (2) In force
20 Jun 2017
PDF
Ä 20005968 / 22
10 May 2017
Amendment entry In force
10 May 2017
PDF
Ä 20005968 / 21
18 Jul 2016
Amendment entry In force
18 Jul 2016
PDF
Ä 20005968 / 20
18 Nov 2011
Amendment entry In force
18 Nov 2011
PDF
Ä 20005968 / 19
30 Jun 2010
Deletion of activities from the registry card In force
30 Jun 2010
PDF
Ä 5968 / 9
23 Oct 2007
Amendment entry In force
23 Oct 2007
PDF
Ä 5968 / M3
25 Sep 2007
Fine for not filing the report 31 Oct 2007 Deficiencies eliminated
8 Nov 2007
PDF
Ä 5968 / M2
24 Sep 2007
Fine for not filing the report 25 Oct 2007 Deficiencies eliminated
8 Nov 2007
PDF
Ä 5968 / M1
19 Jul 2007
Ruling to be served In force
24 Jul 2007
PDF
K 6054 / 18
12 Jul 2007
Commercial pledge entered In force
12 Jul 2007
PDF
K 6054 / 17
10 Jul 2007
Entry made by the register on its own initiative In force
10 Jul 2007
PDF
K 6054 / 16
7 Dec 2006
Commercial pledge entered In force
8 Dec 2006
PDF
K 6054 / 15
26 Jul 2006
Commercial pledge entered In force
26 Jul 2006
PDF
K 6054 / 14
30 May 2006
Commercial pledge entered In force
30 May 2006
PDF
K 6054 / 13
19 Dec 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
K 6054 / 9
30 Nov 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
K 6054 / 8
30 Nov 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
K 6054 / 12
30 Nov 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
K 6054 / 11
30 Nov 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
K 6054 / 10
30 Nov 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
Ä 5968 / 8
29 Nov 2005
Amendment entry In force PDF
Ä 5968 / 7
21 Jul 2003
Amendment entry In force PDF
Ä 5968 / 6
3 Oct 2002
Entry decision on the register’s own initiative In force PDF
K 6054 / 7
25 Sep 2002
Commercial pledge entered In force PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data