Anora Estonia AS

Active Registry code 10232094 AS Laabi küla Registered 16 Jul 1997

Anora Estonia AS is a AS based in Laabi küla, registry code 10232094, status: active. Main activity: Distilling, rectifying and blending of spirits. According to EMTA, turnover for Q3 2026 was €13 398 451 with 59 employees.

Turnover

13 398 451 €

↑ 12.1% vs Q2 2026

State taxes

6 961 231 €

↑ 30.7% vs Q2 2026

Labour taxes

325 069 €

↓ 5.8% vs Q2 2026

Employees

−2 vs Q2 2026

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

Position in the industry Manufacture of beverages · EMTAK 11

Turnover · Q3 2026 13.4 mn €

above 98% of companies

industry median 19 941 € · companies in the industry: 125
Labour taxes per employee 5 510 €

above 91% of companies

industry median 1 841 € · companies in the industry: 74
Revenue · 2025 35.3 mn €

above 98% of companies

industry median 31 090 € · companies in the industry: 148
Net profit margin · 2025 1.0 %

above 50% of companies

industry median 1.1 % · companies in the industry: 115

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 13 398 451 € · +12.1% vs Q2 2026 · industry median 19 941 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of beverages (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 510 € · −2.6% vs Q2 2026 · industry median 1 841 € · above 91% of the industry

Company
Industry median

Industry: Manufacture of beverages (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 59 · −3.3% vs Q2 2026

State taxes, € thousand Q3 2026: 6 961 231 € · +30.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	13 398 451	6 961 231	325 069	59
Q2 2026	11 951 763	5 327 612	345 199	61
Q1 2026	12 123 054	7 343 984	307 182	59
Q4 2025	12 601 897	6 466 060	359 956	64
Q3 2025	12 107 146	5 722 666	333 205	64
Q2 2025	11 207 776	4 946 817	328 906	66
Q1 2025	18 500 591	6 005 705	310 639	63
Q4 2024	13 463 902	6 632 245	298 098	65
Q3 2024	12 659 184	6 413 412	308 660	64
Q2 2024	12 834 265	5 483 944	289 226	68
Q1 2024	11 486 317	5 624 025	303 209	62
Q4 2023	13 400 016	6 478 553	291 174	60
Q3 2023	14 390 155	6 330 434	303 218	68
Q2 2023	13 097 520	5 642 058	304 755	71
Q1 2023	11 640 637	4 891 540	290 078	73
Q4 2022	13 281 366	5 211 734	272 262	74
Q3 2022	13 846 156	6 199 592	262 770	71
Q2 2022	12 547 069	5 595 050	313 102	67
Q1 2022	9 015 103	4 893 653	216 970	62

Labour taxes per employee per month

1 837 €

Turnover per employee in the quarter

227 092 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 35 284 510 € · −3.2% vs 2024 · industry median 31 090 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of beverages (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 370 205 € · +90.9% vs 2024 · industry median 0 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of beverages (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 1.0 % · +0.5 pp vs the year before · industry median 1.1 % · above 50% of the industry

Company
Industry median

Industry: Manufacture of beverages (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 16 088 056 € · +14.0% vs 2024

Equity, € thousand 2025: 7 855 051 € · +4.9% vs 2024

Employees 2025: 64 · +0.0% vs 2024 · industry median 3 · above 94% of the industry

Company
Industry median

Industry: Manufacture of beverages (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	35 284 510	370 205	3 176 774	16 088 056	7 855 051	64
2024	36 459 181	193 971	2 952 064	14 111 707	7 484 846	64
2023	38 727 851	1 325 973	2 945 903	16 453 250	10 565 291	67
2022	35 105 420	720 059	2 537 623	14 653 434	9 239 318	62
2021	26 335 574	-401 509	2 384 408	13 690 796	8 519 259	59
2020	22 545 223	504 213	2 068 399	15 672 939	12 120 768	56
2019	23 982 700	670 793	1 976 484	15 155 877	11 616 555	59
2018	—	—	—	—	—	59
2017	—	—	—	—	—	66
2016	—	—	—	—	—	80
2015	—	—	—	—	—	86
2014	—	—	—	—	—	84
2013	—	—	—	—	—	72
2012	—	—	—	—	—	70
2011	—	—	—	—	—	69
2010	—	—	—	—	—	64
2009	—	—	—	—	—	71
2008	—	—	—	—	—	80
2007	—	—	—	—	—	80
2006	—	—	—	—	—	73
2005	—	—	—	—	—	70
2004	—	—	—	—	—	39
2003	—	—	—	—	—	34
2002	—	—	—	—	—	30
2001	—	—	—	—	—	30
2000	—	—	—	—	—	35
1999	—	—	—	—	—	34
1998	—	—	—	—	—	34
1997	—	—	—	—	—	38

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

1.0 %

Net profit / revenue

Return on equity (ROE)

4.7 %

Net profit / equity

Return on assets (ROA)

2.3 %

Net profit / assets

Equity ratio

48.8 %

Equity / assets

Debt ratio

51.2 %

Liabilities / assets

Current ratio

1.70

Current assets / current liabilities

Revenue per employee

551 320 €

Revenue / average full-time employees

Labour cost per employee per month

4 136 €

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	25 May 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	18 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	25 Jun 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	28 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	21 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	25 May 2020	Company’s own · audited	e-Äriregister

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Imre Avalo
Board member · since 6 Feb 2018
Ardo Uudmäe
Board member · since 19 Dec 2025
Inna Mäelt
Procurator · since 12 Feb 1999
Kai Rukki
Procurator · since 22 Nov 2004
Marju Škepast
Procurator · since 21 Dec 2009
Urmas Piilberg
Procurator · since 7 Nov 2017

Right of representation

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

Any procurator may represent the public limited company in all legal acts related to its business. A procurator may transfer or encumber immovable property only if that right is entered on the registry card.

Owners

No owner information.

Beneficial owners

Ardo Uudmäe
Member of a senior management body (management or supervisory board) · since 7 Apr 2026
Hannu Matinpoika Vähämurto
Member of a senior management body (management or supervisory board) · FIN · since 7 Apr 2026
Stein Alexander Eriksen
Member of a senior management body (management or supervisory board) · NOR · since 7 Apr 2026
Imre Avalo
Member of a senior management body (management or supervisory board) · since 14 Apr 2025
Thomas Erik Johannes Heinonen
Member of a senior management body (management or supervisory board) · FIN · since 21 Feb 2019

Founders and other persons

Aktsiaselts PricewaterhouseCoopers
Audit firm · 17 Oct 2016
Hannu Matinpoika Vähämurto
Chairman of the supervisory board · 20 Nov 2024
Thomas Erik Johannes Heinonen
Supervisory board member · 2 Oct 2024
Stein Alexander Eriksen
Supervisory board member · 20 Nov 2024
Esindajakonto: CITIBANK (LONDON) / ALTIA PLC
Shareholder · 499 264 € · 28 Jun 2019

shared board members, owners or beneficial owners

Activities (EMTAK)

11011Distilling, rectifying and blending of spirits Main
46341Wholesale of alcoholic beverages

Rulings 38

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10015050 / 33 19 Dec 2025	Amendment entry		In force 19 Dec 2025	PDF
Ä 10015050 / M16 11 Jul 2025	Procedural ruling	9 Oct 2025	Deficiencies eliminated 2 Sep 2025	PDF
Ä 10015050 / M15 12 May 2025	Procedural ruling	11 Jul 2025	Deficiencies eliminated 2 Sep 2025	PDF
Ä 10015050 / M14 11 Mar 2025	Procedural ruling	10 May 2025	Deficiencies eliminated 2 Sep 2025	PDF
Ä 10015050 / M13 29 Jan 2025	Procedural ruling	15 Mar 2025	Deficiencies eliminated 2 Sep 2025	PDF
Ä 10015050 / M12 16 Dec 2024	Procedural ruling	30 Jan 2025	Deficiencies eliminated 2 Sep 2025	PDF
Ä 10015050 / M11 21 Nov 2024	Ruling to correct data outside an entry	21 Dec 2024	Deficiencies eliminated 2 Sep 2025	PDF
Ä 10015050 / 32 23 May 2022	Amendment entry		In force 23 May 2022	PDF
Ä 10015050 / M10 8 Apr 2022	Procedural ruling		In force 8 Apr 2022	PDF
Ä 10015050 / M9 14 Mar 2022	Procedural ruling		In force 14 Mar 2022	PDF
Ä 10015050 / M8 10 Mar 2022	Ruling to eliminate deficiencies	24 Mar 2022	In force 10 Mar 2022	PDF
Ä 10015050 / M7 4 May 2021	Ruling to correct data outside an entry	3 Jun 2021	Deficiencies eliminated 6 May 2021	PDF
Ä 10015050 / 31 14 Feb 2018	Amendment entry		In force 14 Feb 2018	PDF
Ä 10015050 / 30 6 Feb 2018	Amendment entry		In force 6 Feb 2018	PDF
Ä 10015050 / 29 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10015050 / 28 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10015050 / 27 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10015050 / 26 20 Mar 2017	Amendment entry		In force 20 Mar 2017	PDF
Ä 10015050 / M6 17 Mar 2017	Ruling to eliminate deficiencies	1 Apr 2017	Deficiencies eliminated 20 Mar 2017	PDF
Ä 10015050 / M5 11 Jan 2017	Ruling to correct data outside an entry	21 Jan 2017	Deficiencies eliminated 12 Jan 2017	PDF
Ä 10015050 / M4 18 Oct 2016	Ruling to correct data outside an entry	2 Nov 2016	Deficiencies eliminated 31 Oct 2016	PDF
Ä 10015050 / 25 2 Nov 2015	Amendment entry		In force 2 Nov 2015	PDF
Ä 10015050 / 24 18 Nov 2013	Amendment entry		In force 18 Nov 2013	PDF
Ä 10015050 / 23 3 May 2011	Amendment entry		In force 3 May 2011	PDF
Ä 10015050 / 22 13 Jan 2011	Amendment entry		In force 13 Jan 2011	PDF
Ä 15050 / 21 21 Dec 2009	Amendment entry		In force 21 Dec 2009	PDF
Ä 15050 / 20 3 Dec 2008	Deletion of activities from the registry card		In force 10 Dec 2008	PDF
Ä 15050 / 19 14 Nov 2008	Amendment entry		In force 14 Nov 2008	PDF
Ä 15050 / 18 11 Apr 2008	Amendment entry		In force 11 Apr 2008	PDF
Ä 15050 / 17 2 Apr 2008	Amendment entry		In force 2 Apr 2008	PDF
Ä 15050 / 16 7 Feb 2007	Amendment entry		In force 7 Feb 2007	PDF
Ä 15050 / M3 3 Jan 2007	Ruling to eliminate deficiencies (to be served)	8 Feb 2007	In force 9 Jan 2007	PDF
Ä 15050 / 15 17 May 2005	Second (constitutive) merger entry		In force	PDF
Ä 15050 / 14 2 Mar 2005	Amendment entry		In force	PDF
Ä 15050 / 13 18 Nov 2004	Amendment entry		In force	PDF
Ä 15050 / M2 29 Jan 2004	Ruling to eliminate deficiencies (to be served)	29 Mar 2004	In force	PDF
Ä 15050 / 12 12 Jun 2003	Entry decision on the register’s own initiative		In force	PDF
Ä 15050 / 11 8 Oct 2002	Unpublished amendment entry		In force	PDF

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

Anora Estonia AS

Position in the industry Manufacture of beverages · EMTAK 11

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 38