Aktsiaselts TOODE

Active Registry code 10330885 AS Saue linn Registered 25 Nov 1997

Aktsiaselts TOODE is a AS based in Saue linn, registry code 10330885, status: active. Main activity: Manufacture of other metal structures and parts of structures. According to EMTA, turnover for Q3 2026 was €10 103 945 with 94 employees.

Turnover

10 103 945 €

↑ 25.5% vs Q2 2026

State taxes

951 852 €

↑ 28.7% vs Q2 2026

Labour taxes

416 208 €

↑ 16.9% vs Q2 2026

Employees

−5 vs Q2 2026

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

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

Turnover · Q3 2026 10.1 mn €

above 98% of companies

industry median 54 051 € · companies in the industry: 1 358
Labour taxes per employee 4 428 €

above 92% of companies

industry median 1 944 € · companies in the industry: 1 121
Revenue · 2025 20.6 mn €

above 98% of companies

industry median 71 144 € · companies in the industry: 1 712
Net profit margin · 2025 4.2 %

above 53% of companies

industry median 3.4 % · companies in the industry: 1 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 10 103 945 € · +25.5% vs Q2 2026 · industry median 54 051 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 428 € · +23.1% vs Q2 2026 · industry median 1 944 € · above 92% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 94 · −5.1% vs Q2 2026

State taxes, € thousand Q3 2026: 951 852 € · +28.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	10 103 945	951 852	416 208	94
Q2 2026	8 050 281	739 440	355 983	99
Q1 2026	4 096 590	601 710	406 787	94
Q4 2025	9 024 949	923 895	399 473	93
Q3 2025	8 685 250	1 004 942	414 831	94
Q2 2025	7 641 868	607 779	416 832	97
Q1 2025	4 208 187	539 603	416 710	91
Q4 2024	9 528 629	905 031	364 396	91
Q3 2024	8 653 469	877 166	349 723	93
Q2 2024	7 264 865	665 693	319 991	94
Q1 2024	3 696 352	472 994	368 752	89
Q4 2023	7 885 073	840 077	344 421	91
Q3 2023	9 462 284	884 023	358 854	94
Q2 2023	9 254 766	658 071	363 376	100
Q1 2023	5 678 113	571 906	428 068	93
Q4 2022	9 656 514	865 174	312 718	93
Q3 2022	12 224 843	882 853	385 502	95
Q2 2022	11 289 267	764 813	284 894	98
Q1 2022	7 903 403	413 937	376 149	95

Labour taxes per employee per month

1 476 €

Turnover per employee in the quarter

107 489 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 20 648 400 € · −7.0% vs 2024 · industry median 71 144 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 876 260 € · +150.1% vs 2024 · industry median 904 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 4.2 % · +2.7 pp vs the year before · industry median 3.4 % · above 53% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 21 663 974 € · +2.9% vs 2024

Equity, € thousand 2025: 18 110 422 € · +5.4% vs 2024

Employees 2025: 89 · +0.0% vs 2024 · industry median 3 · above 98% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (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	20 648 400	876 260	3 744 023	21 663 974	18 110 422	89
2024	22 213 716	350 319	3 833 748	21 056 610	17 180 757	89
2023	24 079 706	1 138 817	3 513 804	22 123 571	16 806 227	92
2022	26 924 355	3 235 186	—	22 035 720	15 667 411	93
2021	23 232 051	2 661 102	—	18 402 239	12 432 225	93
2020	18 435 152	603 780	—	15 404 187	10 771 123	86
2019	17 519 698	—	—	17 173 150	—	81
2018	—	—	—	—	—	81
2017	—	—	—	—	—	84
2016	—	—	—	—	—	81
2015	—	—	—	—	—	67
2014	—	—	—	—	—	68
2013	—	—	—	—	—	65
2012	—	—	—	—	—	0
2008	—	—	—	—	—	170
2007	—	—	—	—	—	92
2006	—	—	—	—	—	75
2005	—	—	—	—	—	57
2004	—	—	—	—	—	37
2003	—	—	—	—	—	23
2002	—	—	—	—	—	15
2001	—	—	—	—	—	11
2000	—	—	—	—	—	11
1999	—	—	—	—	—	22
1998	—	—	—	—	—	20
1997	—	—	—	—	—	15

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

4.2 %

Net profit / revenue

Return on equity (ROE)

4.8 %

Net profit / equity

Return on assets (ROA)

4.0 %

Net profit / assets

Equity ratio

83.6 %

Equity / assets

Debt ratio

16.4 %

Liabilities / assets

Current ratio

4.58

Current assets / current liabilities

Revenue per employee

232 004 €

Revenue / average full-time employees

Labour cost per employee per month

3 506 €

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	30 Jun 2026	Company’s own · audited	e-Äriregister
2024	1 Dec 2023 – 31 Dec 2024	5 Sep 2025	Company’s own · audited	e-Äriregister
2023	1 Dec 2022 – 30 Nov 2023	27 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Dec 2021 – 30 Nov 2022	30 May 2023	Consolidated · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	1 Jun 2022	Consolidated · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	1 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Dec 2018 – 30 Nov 2019	30 Sep 2020	Consolidated · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
4	2 961 425 €	AS LHV Pank	21 Feb 2022 – in force
3	2 885 000 EEK	AS LHV Pank	12 Apr 2001 – in force
2	2 800 000 EEK	AS LHV Pank	7 Jun 1999 – in force
1	44 800 000 EEK	AS LHV Pank	28 Oct 1998 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Mati Kitt
Board member · since 23 Sep 2026
Laivi Kivi
Procurator · since 14 Apr 2008

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

Gene Murtagh
Member of a senior management body (management or supervisory board) · IRL · since 29 Sep 2023

Founders and other persons

Andris Jegers
Audit firm · 31 Jul 2015
KPMG Baltics OÜ
Audit firm · 31 Jul 2015
Dominic Frederic V Van den Bossche
Chairman of the supervisory board · 29 Sep 2023
Marek Waclaw Dzikiewicz
Supervisory board member · 29 Sep 2023
Aivo Rosenberg
Supervisory board member · 4 May 2026
Juho Ristimäki
Supervisory board member · 4 May 2026
Pieter Mortier
Supervisory board member · 4 May 2026
Omanikukonto: ManageTrade OÜ
Shareholder · 13 759 € · 16 Aug 2023
Omanikukonto: Joris Ide NV
Shareholder · 13 729 € · 28 Sep 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

25119Manufacture of other metal structures and parts of structures Main
43411Roofing activities
49411Freight transport by road

Rulings 36

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10020690 / 25 23 Sep 2026	Amendment entry		In force 23 Sep 2026	PDF
Ä 10020690 / M8 21 Sep 2026	Ruling to eliminate deficiencies	6 Oct 2026	Deficiencies eliminated 23 Sep 2026	PDF
Ä 10020690 / M7 31 Aug 2026	Ruling to correct data outside an entry	21 Sep 2026	Deficiencies eliminated 14 Sep 2026	PDF
Ä 10020690 / M6 9 Jul 2025	Warning of a fine: annual report not filed	8 Aug 2025	Deficiencies eliminated 6 Sep 2025	PDF
Ä 10020690 / 24 3 Jan 2024	Amendment entry		In force 3 Jan 2024	PDF
Ä 10020690 / 23 6 Oct 2023	Amendment entry		In force 6 Oct 2023	PDF
Ä 10020690 / M5 14 Mar 2022	Ruling to correct data outside an entry	13 Apr 2022	Deficiencies eliminated 17 Mar 2022	PDF
K 10020690 / 22 21 Feb 2022	Commercial pledge entered		In force 21 Feb 2022	PDF
K 10020690 / 21 15 Dec 2021	Commercial pledge amended		In force 15 Dec 2021	PDF
Ä 10020690 / M4 24 Jan 2019	Procedural ruling		In force 24 Jan 2019	PDF
K 10020690 / 20 1 Oct 2018	Commercial pledge amended		In force 1 Oct 2018	PDF
K 10020690 / 19 1 Oct 2018	Commercial pledge amended		In force 1 Oct 2018	PDF
K 10020690 / 18 1 Oct 2018	Commercial pledge amended		In force 1 Oct 2018	PDF
Ä 10020690 / 17 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10020690 / 16 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10020690 / 15 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
K 10020690 / 14 9 Sep 2015	Commercial pledge amended		In force 9 Sep 2015	PDF
Ä 10020690 / M3 27 Jan 2014	Ruling to correct data outside an entry	26 Feb 2014	Deficiencies eliminated 3 Feb 2014	PDF
Ä 10020690 / 13 6 Sep 2012	Amendment entry		In force 6 Sep 2012	PDF
Ä 10020690 / 12 24 Aug 2012	Amendment entry		In force 24 Aug 2012	PDF
Ä 10020690 / M2 19 Jul 2012	Ruling to eliminate deficiencies	20 Sep 2012	In force 19 Jul 2012	PDF
Ä 10020690 / 11 24 Apr 2012	Amendment entry		In force 24 Apr 2012	PDF
Ä 10020690 / 10 5 Apr 2012	Amendment entry		In force 5 Apr 2012	PDF
Ä 10020690 / 9 8 Feb 2012	Amendment entry		In force 8 Feb 2012	PDF
Ä 20690 / 8 3 Dec 2008	Deletion of activities from the registry card		In force 9 Dec 2008	PDF
Ä 20690 / 7 14 Apr 2008	Amendment entry		In force 14 Apr 2008	PDF
Ä 20690 / 6 9 Jan 2008	Amendment entry		In force 9 Jan 2008	PDF
Ä 20690 / M1 2 Jan 2008	Ruling to eliminate deficiencies (to be served)	23 Feb 2008	In force 9 Jan 2008	PDF
K 35584 / 8 10 Mar 2005	Commercial pledge amended		In force	PDF
Ä 20690 / 5 8 Jun 2004	Amendment entry		In force	PDF
K 35584 / 7 21 Apr 2004	Commercial pledge amended		In force	PDF
Ä 20690 / 4 29 Jul 2003	Entry decision on the register’s own initiative		In force	PDF
K 35584 / 6 10 Oct 2002	Compliance with Commercial Code § 33 (7.1)		In force	PDF
K 35584 / 5 10 Oct 2002	Compliance with Commercial Code § 33 (7.1)		In force	PDF
K 35584 / 4 10 Oct 2002	Compliance with Commercial Code § 33 (7.1)		In force	PDF
Ä 20690 / 3 9 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

Aktsiaselts TOODE

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 36