Dalgas AS

Active Registry code 10432025 AS Tartu linn Registered 22 Apr 1998
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Dalgas AS is a AS based in Tartu linn, registry code 10432025, status: active. Main activity: Logging. According to EMTA, turnover for Q3 2026 was €1 216 180 with 6 employees.

Turnover
1 216 180 €
↑ 47.1% vs Q2 2026
State taxes
75 395 €
↓ 0.1% vs Q2 2026
Labour taxes
29 211 €
↓ 25.0% vs Q2 2026
Employees
6
±0 vs Q2 2026

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

Position in the industry Forestry and logging · EMTAK 02

  • Turnover · Q3 2026 1.2 mn €
    industry median 14 400 € · companies in the industry: 1 834
  • Labour taxes per employee 4 869 €
    industry median 1 226 € · companies in the industry: 1 276
  • Revenue · 2025 3.8 mn €
    industry median 29 119 € · companies in the industry: 2 731
  • Net profit margin · 2025 7.5 %
    industry median 4.9 % · companies in the industry: 2 137

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 216 180 € · +47.1% vs Q2 2026 · industry median 14 400 € · above 98% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 681 624 € Industry median: 18 002 €Q4·23Q1 2024 Company: 2 353 598 € Industry median: 20 304 €Q2 2024 Company: 1 877 885 € Industry median: 19 485 €Q2·24Q3 2024 Company: 1 891 809 € Industry median: 15 991 €Q4 2024 Company: 735 694 € Industry median: 20 393 €Q4·24Q1 2025 Company: 849 041 € Industry median: 19 023 €Q2 2025 Company: 833 004 € Industry median: 19 272 €Q2·25Q3 2025 Company: 799 717 € Industry median: 14 822 €Q4 2025 Company: 1 178 355 € Industry median: 18 964 €Q4·25Q1 2026 Company: 1 288 200 € Industry median: 17 087 €Q2 2026 Company: 827 026 € Industry median: 18 725 €Q2·26Q3 2026 Company: 1 216 180 € Industry median: 14 400 €Q3·2605001 0001 500Q4 2024 Company: 735 694 € Industry median: 20 393 €Q1 2025 Company: 849 041 € Industry median: 19 023 €Q1·25Q2 2025 Company: 833 004 € Industry median: 19 272 €Q3 2025 Company: 799 717 € Industry median: 14 822 €Q3·25Q4 2025 Company: 1 178 355 € Industry median: 18 964 €Q1 2026 Company: 1 288 200 € Industry median: 17 087 €Q1·26Q2 2026 Company: 827 026 € Industry median: 18 725 €Q3 2026 Company: 1 216 180 € Industry median: 14 400 €Q3·26
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 869 € · −25.0% vs Q2 2026 · industry median 1 226 € · above 98% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 4 778 € Industry median: 1 083 €Q4·23Q1 2024 Company: 9 993 € Industry median: 1 091 €Q2 2024 Company: 5 723 € Industry median: 1 128 €Q2·24Q3 2024 Company: 6 741 € Industry median: 1 119 €Q4 2024 Company: 4 263 € Industry median: 1 188 €Q4·24Q1 2025 Company: 9 864 € Industry median: 1 209 €Q2 2025 Company: 4 754 € Industry median: 1 257 €Q2·25Q3 2025 Company: 5 797 € Industry median: 1 175 €Q4 2025 Company: 5 238 € Industry median: 1 287 €Q4·25Q1 2026 Company: 9 341 € Industry median: 1 232 €Q2 2026 Company: 6 493 € Industry median: 1 221 €Q2·26Q3 2026 Company: 4 869 € Industry median: 1 226 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 4 263 € Industry median: 1 188 €Q1 2025 Company: 9 864 € Industry median: 1 209 €Q1·25Q2 2025 Company: 4 754 € Industry median: 1 257 €Q3 2025 Company: 5 797 € Industry median: 1 175 €Q3·25Q4 2025 Company: 5 238 € Industry median: 1 287 €Q1 2026 Company: 9 341 € Industry median: 1 232 €Q1·26Q2 2026 Company: 6 493 € Industry median: 1 221 €Q3 2026 Company: 4 869 € Industry median: 1 226 €Q3·26
  • Company
  • Industry median

Industry: Forestry and logging (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
0246810Q4 2023 Company: 10Q4·23Q1 2024 Company: 10Q2 2024 Company: 9Q2·24Q3 2024 Company: 8Q4 2024 Company: 8Q4·24Q1 2025 Company: 8Q2 2025 Company: 8Q2·25Q3 2025 Company: 7Q4 2025 Company: 7Q4·25Q1 2026 Company: 6Q2 2026 Company: 6Q2·26Q3 2026 Company: 6Q3·2602468Q4 2024 Company: 8Q1 2025 Company: 8Q1·25Q2 2025 Company: 8Q3 2025 Company: 7Q3·25Q4 2025 Company: 7Q1 2026 Company: 6Q1·26Q2 2026 Company: 6Q3 2026 Company: 6Q3·26
State taxes, € thousand Q3 2026: 75 395 € · −0.1% vs Q2 2026
050100150200Q4 2023 Company: 72 402 €Q4·23Q1 2024 Company: 158 586 €Q2 2024 Company: 113 731 €Q2·24Q3 2024 Company: 101 925 €Q4 2024 Company: 68 736 €Q4·24Q1 2025 Company: 149 558 €Q2 2025 Company: 61 216 €Q2·25Q3 2025 Company: 79 123 €Q4 2025 Company: 48 330 €Q4·25Q1 2026 Company: 109 684 €Q2 2026 Company: 75 442 €Q2·26Q3 2026 Company: 75 395 €Q3·26050100150Q4 2024 Company: 68 736 €Q1 2025 Company: 149 558 €Q1·25Q2 2025 Company: 61 216 €Q3 2025 Company: 79 123 €Q3·25Q4 2025 Company: 48 330 €Q1 2026 Company: 109 684 €Q1·26Q2 2026 Company: 75 442 €Q3 2026 Company: 75 395 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 216 180 75 395 29 211 6
Q2 2026 827 026 75 442 38 960 6
Q1 2026 1 288 200 109 684 56 043 6
Q4 2025 1 178 355 48 330 36 665 7
Q3 2025 799 717 79 123 40 578 7
Q2 2025 833 004 61 216 38 030 8
Q1 2025 849 041 149 558 78 913 8
Q4 2024 735 694 68 736 34 107 8
Q3 2024 1 891 809 101 925 53 926 8
Q2 2024 1 877 885 113 731 51 510 9
Q1 2024 2 353 598 158 586 99 925 10
Q4 2023 1 681 624 72 402 47 780 10
Q3 2023 1 233 984 83 621 44 404 10
Q2 2023 2 194 959 67 037 40 352 10
Q1 2023 2 704 079 189 561 95 053 10
Q4 2022 2 996 271 104 669 42 158 10
Q3 2022 2 083 635 90 232 42 258 10
Q2 2022 1 681 252 92 837 34 948 11
Q1 2022 1 296 185 116 521 76 721 10
Labour taxes per employee per month
1 623 €
Turnover per employee in the quarter
202 697 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 3 810 750 € · −39.2% vs 2024 · industry median 29 119 € · above 98% of the industry
02 0004 0006 0008 00010 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 5 054 569 € Industry median: 25 999 €20192020 Company: 3 217 371 € Industry median: 20 680 €20202021 Company: 5 065 550 € Industry median: 23 046 €20212022 Company: 8 612 908 € Industry median: 29 965 €20222023 Company: 7 372 298 € Industry median: 26 673 €20232024 Company: 6 267 708 € Industry median: 26 834 €20242025 Company: 3 810 750 € Industry median: 29 119 €202502 0004 0006 0008 00010 0002018 Company: — Industry median: —2019 Company: 5 054 569 € Industry median: 25 999 €20192020 Company: 3 217 371 € Industry median: 20 680 €2021 Company: 5 065 550 € Industry median: 23 046 €20212022 Company: 8 612 908 € Industry median: 29 965 €2023 Company: 7 372 298 € Industry median: 26 673 €20232024 Company: 6 267 708 € Industry median: 26 834 €2025 Company: 3 810 750 € Industry median: 29 119 €2025
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 285 785 € · +22.3% vs 2024 · industry median 272 € · above 98% of the industry
01002003004005002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 247 213 € Industry median: 1 199 €20192020 Company: 158 975 € Industry median: 517 €20202021 Company: 179 372 € Industry median: 839 €20212022 Company: 450 278 € Industry median: 1 883 €20222023 Company: 170 302 € Industry median: 622 €20232024 Company: 233 750 € Industry median: 481 €20242025 Company: 285 785 € Industry median: 272 €202501002003004005002018 Company: — Industry median: —2019 Company: 247 213 € Industry median: 1 199 €20192020 Company: 158 975 € Industry median: 517 €2021 Company: 179 372 € Industry median: 839 €20212022 Company: 450 278 € Industry median: 1 883 €2023 Company: 170 302 € Industry median: 622 €20232024 Company: 233 750 € Industry median: 481 €2025 Company: 285 785 € Industry median: 272 €2025
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 7.5 % · +3.8 pp vs the year before · industry median 4.9 % · above 55% of the industry
035810132016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4.9 % Industry median: 8.6 %20192020 Company: 4.9 % Industry median: 6.8 %20202021 Company: 3.5 % Industry median: 8.1 %20212022 Company: 5.2 % Industry median: 11.3 %20222023 Company: 2.3 % Industry median: 6.9 %20232024 Company: 3.7 % Industry median: 6.0 %20242025 Company: 7.5 % Industry median: 4.9 %2025035810132018 Company: — Industry median: —2019 Company: 4.9 % Industry median: 8.6 %20192020 Company: 4.9 % Industry median: 6.8 %2021 Company: 3.5 % Industry median: 8.1 %20212022 Company: 5.2 % Industry median: 11.3 %2023 Company: 2.3 % Industry median: 6.9 %20232024 Company: 3.7 % Industry median: 6.0 %2025 Company: 7.5 % Industry median: 4.9 %2025
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 3 717 653 € · +13.0% vs 2024
01 0002 0003 0004 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 2 098 605 €20192020 Company: 2 301 926 €20202021 Company: 2 682 198 €20212022 Company: 3 807 691 €20222023 Company: 3 595 387 €20232024 Company: 3 288 805 €20242025 Company: 3 717 653 €202501 0002 0003 0004 0002018 Company: —2019 Company: 2 098 605 €20192020 Company: 2 301 926 €2021 Company: 2 682 198 €20212022 Company: 3 807 691 €2023 Company: 3 595 387 €20232024 Company: 3 288 805 €2025 Company: 3 717 653 €2025
Equity, € thousand 2025: 3 420 396 € · +9.1% vs 2024
01 0002 0003 0004 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 941 934 €20192020 Company: 2 100 909 €20202021 Company: 2 280 281 €20212022 Company: 2 730 559 €20222023 Company: 2 900 861 €20232024 Company: 3 134 611 €20242025 Company: 3 420 396 €202501 0002 0003 0004 0002018 Company: —2019 Company: 1 941 934 €20192020 Company: 2 100 909 €2021 Company: 2 280 281 €20212022 Company: 2 730 559 €2023 Company: 2 900 861 €20232024 Company: 3 134 611 €2025 Company: 3 420 396 €2025
Employees 2025: 7 · −12.5% vs 2024 · industry median 1 · above 91% of the industry
035810132016 Company: 12 Industry median: —20162017 Company: 11 Industry median: —20172018 Company: 10 Industry median: 120182019 Company: 10 Industry median: 120192020 Company: 9 Industry median: 120202021 Company: 10 Industry median: 120212022 Company: 10 Industry median: 120222023 Company: 10 Industry median: 120232024 Company: 8 Industry median: 120242025 Company: 7 Industry median: 1202502468102018 Company: 10 Industry median: 12019 Company: 10 Industry median: 120192020 Company: 9 Industry median: 12021 Company: 10 Industry median: 120212022 Company: 10 Industry median: 12023 Company: 10 Industry median: 120232024 Company: 8 Industry median: 12025 Company: 7 Industry median: 12025
  • Company
  • Industry median

Industry: Forestry and logging (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 3 810 750 285 785 404 198 3 717 653 3 420 396 7
2024 6 267 708 233 750 507 362 3 288 805 3 134 611 8
2023 7 372 298 170 302 556 844 3 595 387 2 900 861 10
2022 8 612 908 450 278 515 695 3 807 691 2 730 559 10
2021 5 065 550 179 372 421 935 2 682 198 2 280 281 10
2020 3 217 371 158 975 394 506 2 301 926 2 100 909 9
2019 5 054 569 247 213 371 516 2 098 605 1 941 934 10
2018 — — — — — 10
2017 — — — — — 11
2016 — — — — — 12
2015 — — — — — 12
2014 — — — — — 11
2013 — — — — — 11
2012 — — — — — 10
2011 — — — — — 14
2006 — — — — — 10
2004 — — — — — 6
2003 — — — — — 7
2002 — — — — — 7
2001 — — — — — 7
2000 — — — — — 6
1999 — — — — — 5
1998 — — — — — 5

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
7.5 %
Net profit / revenue
Return on equity (ROE)
8.4 %
Net profit / equity
Return on assets (ROA)
7.7 %
Net profit / assets
Equity ratio
92.0 %
Equity / assets
Debt ratio
8.0 %
Liabilities / assets
Current ratio
11.44
Current assets / current liabilities
Revenue per employee
544 393 €
Revenue / average full-time employees
Labour cost per employee per month
4 812 €
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 2 Feb 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 4 Feb 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Jan 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 Jan 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 2 Feb 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 26 Jan 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 24 Jan 2020 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Külli Hint
    Board member · since 11 Oct 2011
  • Priit Põllumäe
    Board member · since 29 Aug 2024

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

  • Morten Thorøe
    Member of a senior management body (management or supervisory board) · DNK · since 8 Jun 2026

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 02201Logging Main
  • 02101Silviculture and other forestry activities
  • 02401Support services to forestry
  • 43122Land drainage and land reclamation works
  • 68311Intermediation service activities for real estate activities
  • 68329Other real estate management or related activities
  • 69109Other legal activities
  • 69202Bookkeeping, tax consulting
Rulings
Number, date Title Deadline State Document
Ä 20015797 / 23
3 Jun 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
3 Jun 2025
PDF
Ä 20015797 / 22
4 Apr 2025
Amendment entry In force
4 Apr 2025
PDF
Ä 20015797 / M14
4 Feb 2025
Procedural ruling 31 Mar 2025 In force
4 Feb 2025
PDF
Ä 20015797 / M13
21 Jan 2025
Ruling to eliminate deficiencies 5 Feb 2025 Deficiencies eliminated
4 Apr 2025
PDF
Ä 20015797 / 21
29 Aug 2024
Amendment entry In force
29 Aug 2024
PDF
Ä 20015797 / 20
30 May 2024
Amendment entry In force
30 May 2024
PDF
Ä 20015797 / M12
7 May 2024
Ruling to eliminate deficiencies 6 Jun 2024 Deficiencies eliminated
30 May 2024
PDF
Ä 20015797 / 19
20 Mar 2023
Amendment entry In force
20 Mar 2023
PDF
Ä 20015797 / M11
15 Mar 2023
Ruling to correct data outside an entry 29 Mar 2023 Deficiencies eliminated
20 Mar 2023
PDF
Ä 20015797 / M10
29 Apr 2020
Ruling to correct data outside an entry 14 May 2020 Deficiencies eliminated
5 May 2020
PDF
Ä 20015797 / 18
26 Apr 2019
Amendment under Commercial Code § 525 (2) In force
26 Apr 2019
PDF
Ä 20015797 / 17
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20015797 / 16
19 Dec 2017
Amendment entry In force
19 Dec 2017
PDF
Ä 20015797 / 15
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20015797 / 14
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20015797 / M9
1 Mar 2017
Ruling to correct data outside an entry 16 Mar 2017 In force
1 Mar 2017
PDF
Ä 20015797 / 13
23 Mar 2016
Amendment entry In force
23 Mar 2016
PDF
Ä 20015797 / M8
14 Mar 2016
Ruling to eliminate deficiencies 29 Mar 2016 Deficiencies eliminated
23 Mar 2016
PDF
Ä 20015797 / 12
17 Apr 2013
Amendment entry In force
17 Apr 2013
PDF
Ä 20015797 / M7
16 Apr 2013
Ruling to eliminate deficiencies 16 May 2013 Deficiencies eliminated
17 Apr 2013
PDF
Ä 20015797 / 11
17 Sep 2012
Amendment entry In force
17 Sep 2012
PDF
Ä 20015797 / M6
13 Sep 2012
Ruling to eliminate deficiencies 13 Oct 2012 In force
13 Sep 2012
PDF
Ä 20015797 / 10
11 Oct 2011
Amendment entry In force
11 Oct 2011
PDF
Ä 20015797 / M5
18 Feb 2011
Refund of the state fee In force
18 Feb 2011
PDF
Ä 20015797 / M4
20 Dec 2010
Ruling to be served 16 Feb 2011 In force
27 Aug 2012
PDF
Ä 20015797 / 9
14 May 2010
Amendment entry In force
14 May 2010
PDF
Ä 15797 / 8
27 Dec 2008
Deletion of activities from the registry card In force
27 Dec 2008
PDF
Ä 15797 / 7
25 Apr 2008
Amendment entry In force
25 Apr 2008
PDF
Ä 15797 / M3
27 Dec 2004
Ruling to be served 27 Feb 2005 In force PDF
Ä 15797 / 6
15 Jul 2003
Entry decision on the register’s own initiative In force PDF
Ä 15797 / 5
7 Feb 2003
Entry decision on the register’s own initiative In force PDF
Ä 15797 / 4
5 Feb 2003
Unpublished amendment entry In force PDF
Ä 15797 / M2
29 Jan 2003
Ruling to eliminate deficiencies (to be served) 29 Mar 2003 In force PDF
Ä 15797 / 3
5 Mar 2002
Published amendment entry In force PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data