aktsiaselts A.M.F.HULGI

Active Registry code 10439033 AS Võru linn Registered 3 Jun 1998
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aktsiaselts A.M.F.HULGI is a AS based in Võru linn, registry code 10439033, status: active. Main activity: Non-specialised wholesale of food, beverages and tobacco. According to EMTA, turnover for Q3 2026 was €1 185 045 with 22 employees.

Turnover
1 185 045 €
↓ 5.1% vs Q2 2026
State taxes
93 200 €
↑ 6.9% vs Q2 2026
Labour taxes
41 692 €
↑ 1.4% vs Q2 2026
Employees
22
±0 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

  • Turnover · Q3 2026 1.2 mn €
    industry median 60 065 € · companies in the industry: 6 941
  • Labour taxes per employee 1 895 €
    industry median 2 104 € · companies in the industry: 4 194
  • Revenue · 2021 3.5 mn €
    industry median 71 656 € · companies in the industry: 9 769
  • Net profit margin · 2021 2.5 %
    industry median 4.9 % · companies in the industry: 7 447

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 185 045 € · −5.1% vs Q2 2026 · industry median 60 065 € · above 89% of the industry
02505007501 0001 250Q4 2023 Company: 1 080 211 € Industry median: 69 842 €Q4·23Q1 2024 Company: 1 034 243 € Industry median: 60 423 €Q2 2024 Company: 1 097 202 € Industry median: 66 207 €Q2·24Q3 2024 Company: 1 095 235 € Industry median: 63 101 €Q4 2024 Company: 1 142 702 € Industry median: 65 867 €Q4·24Q1 2025 Company: 1 087 913 € Industry median: 59 713 €Q2 2025 Company: 1 175 118 € Industry median: 61 800 €Q2·25Q3 2025 Company: 1 193 103 € Industry median: 59 911 €Q4 2025 Company: 1 249 144 € Industry median: 59 583 €Q4·25Q1 2026 Company: 1 179 223 € Industry median: 53 954 €Q2 2026 Company: 1 248 454 € Industry median: 61 600 €Q2·26Q3 2026 Company: 1 185 045 € Industry median: 60 065 €Q3·2602505007501 0001 250Q4 2024 Company: 1 142 702 € Industry median: 65 867 €Q1 2025 Company: 1 087 913 € Industry median: 59 713 €Q1·25Q2 2025 Company: 1 175 118 € Industry median: 61 800 €Q3 2025 Company: 1 193 103 € Industry median: 59 911 €Q3·25Q4 2025 Company: 1 249 144 € Industry median: 59 583 €Q1 2026 Company: 1 179 223 € Industry median: 53 954 €Q1·26Q2 2026 Company: 1 248 454 € Industry median: 61 600 €Q3 2026 Company: 1 185 045 € Industry median: 60 065 €Q3·26
  • Company
  • Industry median

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

Labour taxes per employee, € Q3 2026: 1 895 € · +1.4% vs Q2 2026 · industry median 2 104 € · above 46% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 665 € Industry median: 1 903 €Q4·23Q1 2024 Company: 1 518 € Industry median: 1 948 €Q2 2024 Company: 1 420 € Industry median: 1 960 €Q2·24Q3 2024 Company: 1 639 € Industry median: 2 029 €Q4 2024 Company: 1 617 € Industry median: 2 008 €Q4·24Q1 2025 Company: 1 652 € Industry median: 2 079 €Q2 2025 Company: 1 726 € Industry median: 2 091 €Q2·25Q3 2025 Company: 2 003 € Industry median: 2 158 €Q4 2025 Company: 2 061 € Industry median: 2 169 €Q4·25Q1 2026 Company: 1 774 € Industry median: 2 089 €Q2 2026 Company: 1 868 € Industry median: 2 068 €Q2·26Q3 2026 Company: 1 895 € Industry median: 2 104 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 617 € Industry median: 2 008 €Q1 2025 Company: 1 652 € Industry median: 2 079 €Q1·25Q2 2025 Company: 1 726 € Industry median: 2 091 €Q3 2025 Company: 2 003 € Industry median: 2 158 €Q3·25Q4 2025 Company: 2 061 € Industry median: 2 169 €Q1 2026 Company: 1 774 € Industry median: 2 089 €Q1·26Q2 2026 Company: 1 868 € Industry median: 2 068 €Q3 2026 Company: 1 895 € Industry median: 2 104 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 22 · +0.0% vs Q2 2026
0510152025Q4 2023 Company: 19Q4·23Q1 2024 Company: 18Q2 2024 Company: 21Q2·24Q3 2024 Company: 22Q4 2024 Company: 22Q4·24Q1 2025 Company: 22Q2 2025 Company: 22Q2·25Q3 2025 Company: 22Q4 2025 Company: 21Q4·25Q1 2026 Company: 22Q2 2026 Company: 22Q2·26Q3 2026 Company: 22Q3·260510152025Q4 2024 Company: 22Q1 2025 Company: 22Q1·25Q2 2025 Company: 22Q3 2025 Company: 22Q3·25Q4 2025 Company: 21Q1 2026 Company: 22Q1·26Q2 2026 Company: 22Q3 2026 Company: 22Q3·26
State taxes, € thousand Q3 2026: 93 200 € · +6.9% vs Q2 2026
0100200300400500Q4 2023 Company: 56 911 €Q4·23Q1 2024 Company: 49 399 €Q2 2024 Company: 59 218 €Q2·24Q3 2024 Company: 67 812 €Q4 2024 Company: 72 249 €Q4·24Q1 2025 Company: 446 120 €Q2 2025 Company: 71 271 €Q2·25Q3 2025 Company: 85 571 €Q4 2025 Company: 79 642 €Q4·25Q1 2026 Company: 79 190 €Q2 2026 Company: 87 166 €Q2·26Q3 2026 Company: 93 200 €Q3·260100200300400500Q4 2024 Company: 72 249 €Q1 2025 Company: 446 120 €Q1·25Q2 2025 Company: 71 271 €Q3 2025 Company: 85 571 €Q3·25Q4 2025 Company: 79 642 €Q1 2026 Company: 79 190 €Q1·26Q2 2026 Company: 87 166 €Q3 2026 Company: 93 200 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 185 045 93 200 41 692 22
Q2 2026 1 248 454 87 166 41 103 22
Q1 2026 1 179 223 79 190 39 038 22
Q4 2025 1 249 144 79 642 43 288 21
Q3 2025 1 193 103 85 571 44 068 22
Q2 2025 1 175 118 71 271 37 967 22
Q1 2025 1 087 913 446 120 36 349 22
Q4 2024 1 142 702 72 249 35 583 22
Q3 2024 1 095 235 67 812 36 063 22
Q2 2024 1 097 202 59 218 29 816 21
Q1 2024 1 034 243 49 399 27 332 18
Q4 2023 1 080 211 56 911 31 626 19
Q3 2023 1 104 074 56 439 32 745 19
Q2 2023 1 078 834 56 912 30 041 19
Q1 2023 985 622 54 655 28 167 19
Q4 2022 1 003 774 60 352 30 811 19
Q3 2022 1 086 667 55 506 32 270 21
Q2 2022 1 022 966 48 778 27 645 20
Q1 2022 865 052 39 202 21 991 20
Labour taxes per employee per month
632 €
Turnover per employee in the quarter
53 866 €

Q3 2026 · calculated from EMTA data

Financials by year

2013 – 2022
Revenue, € thousand 2021: 3 474 578 € · +6.2% vs 2020 · industry median 71 656 € · above 91% of the industry
01 0002 0003 0004 0002013 Company: — Industry median: —20132014 Company: — Industry median: —20142015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3 610 964 € Industry median: 78 948 €20192020 Company: 3 270 554 € Industry median: 67 913 €20202021 Company: 3 474 578 € Industry median: 71 656 €20212022 Company: — Industry median: 75 397 €202201 0002 0003 0004 0002015 Company: — Industry median: —2016 Company: — Industry median: —20162017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 3 610 964 € Industry median: 78 948 €2020 Company: 3 270 554 € Industry median: 67 913 €20202021 Company: 3 474 578 € Industry median: 71 656 €2022 Company: — Industry median: 75 397 €2022
  • Company
  • Industry median

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

Net profit, € thousand 2021: 87 252 € · +332.6% vs 2020 · industry median 1 415 € · above 84% of the industry
-500501001502013 Company: — Industry median: —20132014 Company: — Industry median: —20142015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 138 330 € Industry median: 1 086 €20192020 Company: -37 507 € Industry median: 906 €20202021 Company: 87 252 € Industry median: 1 415 €20212022 Company: — Industry median: 889 €2022-500501001502015 Company: — Industry median: —2016 Company: — Industry median: —20162017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 138 330 € Industry median: 1 086 €2020 Company: -37 507 € Industry median: 906 €20202021 Company: 87 252 € Industry median: 1 415 €2022 Company: — Industry median: 889 €2022
  • Company
  • Industry median

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

Net profit margin, % 2021: 2.5 % · +3.7 pp vs the year before · industry median 4.9 % · above 39% of the industry
-202462013 Company: — Industry median: —20132014 Company: — Industry median: —20142015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3.8 % Industry median: 3.7 %20192020 Company: -1.1 % Industry median: 4.2 %20202021 Company: 2.5 % Industry median: 4.9 %20212022 Company: — Industry median: 4.2 %2022-202462015 Company: — Industry median: —2016 Company: — Industry median: —20162017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 3.8 % Industry median: 3.7 %2020 Company: -1.1 % Industry median: 4.2 %20202021 Company: 2.5 % Industry median: 4.9 %2022 Company: — Industry median: 4.2 %2022
  • Company
  • Industry median

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

Assets, € thousand 2021: 2 076 947 € · +24.6% vs 2020
05001 0001 5002 0002 5002013 Company: —20132014 Company: —20142015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 687 925 €20192020 Company: 1 667 291 €20202021 Company: 2 076 947 €20212022 Company: —202205001 0001 5002 0002 5002015 Company: —2016 Company: —20162017 Company: —2018 Company: —20182019 Company: 1 687 925 €2020 Company: 1 667 291 €20202021 Company: 2 076 947 €2022 Company: —2022
Equity, € thousand 2021: 1 827 326 € · +20.9% vs 2020
05001 0001 5002 0002013 Company: —20132014 Company: —20142015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 548 660 €20192020 Company: 1 511 153 €20202021 Company: 1 827 326 €20212022 Company: —202205001 0001 5002 0002015 Company: —2016 Company: —20162017 Company: —2018 Company: —20182019 Company: 1 548 660 €2020 Company: 1 511 153 €20202021 Company: 1 827 326 €2022 Company: —2022
Employees 2022: 19 · +5.6% vs 2021 · industry median 2 · above 94% of the industry
051015202013 Company: 16 Industry median: —20132014 Company: 17 Industry median: —20142015 Company: 18 Industry median: —20152016 Company: 15 Industry median: —20162017 Company: 14 Industry median: —20172018 Company: 15 Industry median: 220182019 Company: 18 Industry median: 220192020 Company: 18 Industry median: 220202021 Company: 18 Industry median: 220212022 Company: 19 Industry median: 22022051015202015 Company: 18 Industry median: —2016 Company: 15 Industry median: —20162017 Company: 14 Industry median: —2018 Company: 15 Industry median: 220182019 Company: 18 Industry median: 22020 Company: 18 Industry median: 220202021 Company: 18 Industry median: 22022 Company: 19 Industry median: 22022
  • Company
  • Industry median

Industry: Wholesale trade (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
2022 — — — — — 19
2021 3 474 578 87 252 282 592 2 076 947 1 827 326 18
2020 3 270 554 -37 507 273 805 1 667 291 1 511 153 18
2019 3 610 964 138 330 205 596 1 687 925 1 548 660 18
2018 — — — — — 15
2017 — — — — — 14
2016 — — — — — 15
2015 — — — — — 18
2014 — — — — — 17
2013 — — — — — 16
2012 — — — — — 17
2011 — — — — — 17
2010 — — — — — 17
2009 — — — — — 0
2008 — — — — — 16
2007 — — — — — 13
2005 — — — — — 23
2004 — — — — — 23
2003 — — — — — 24
2002 — — — — — 20
2001 — — — — — 20
2000 — — — — — 18
1999 — — — — — 11

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2021

Net profit margin
2.5 %
Net profit / revenue
Return on equity (ROE)
4.8 %
Net profit / equity
Return on assets (ROA)
4.2 %
Net profit / assets
Equity ratio
88.0 %
Equity / assets
Debt ratio
12.0 %
Liabilities / assets
Current ratio
7.03
Current assets / current liabilities
Revenue per employee
194 204 €
Revenue / average full-time employees
Labour cost per employee per month
1 308 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2021 1 Jan 2021 – 31 Dec 2021 10 Feb 2025 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 4 Dec 2022 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 15 Jul 2021 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 3 500 000 EEK aktsiaselts Hansapank 11 May 2006 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Marko Koppel
    Board member · since 3 Jun 1998

Right of representation

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

Owners

No owner information.

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 46391Non-specialised wholesale of food, beverages and tobacco Main
Rulings
Number, date Title Deadline State Document
Ä 20012070 / M28
18 Aug 2026
Fine for not filing the report 8 Sep 2026 In force
9 Sep 2026
PDF
Ä 20012070 / M27
11 Jul 2026
Warning of a fine: annual report not filed 10 Aug 2026 In force
11 Jul 2026
PDF
Ä 20012070 / M26
15 Aug 2025
Fine for not filing the report 31 Aug 2025 In force
31 Aug 2025
PDF
Ä 20012070 / M25
10 Jul 2025
Warning of a fine: annual report not filed 9 Aug 2025 In force
10 Jul 2025
PDF
Ä 20012070 / M24
27 Mar 2025
Repeated fine for not filing the report 11 Apr 2025 In force
14 Apr 2025
PDF
Ä 20012070 / M23
29 Oct 2024
Fine for not filing the report 16 Nov 2024 In force
23 Nov 2024
PDF
Ä 20012070 / M22
21 Sep 2024
Warning of a fine: annual report not filed In force
23 Sep 2024
PDF
Ä 20012070 / M21
9 May 2024
Repeated fine for not filing the report 24 May 2024 In force
21 May 2024
PDF
Ä 20012070 / M20
16 Dec 2023
Repeated fine for not filing the report 2 Jan 2024 In force
3 Jan 2024
PDF
Ä 20012070 / M19
24 Sep 2023
Fine for not filing the report 10 Oct 2023 In force
11 Oct 2023
PDF
Ä 20012070 / M18
24 Aug 2023
Warning of a fine: annual report not filed 23 Sep 2023 In force
24 Aug 2023
PDF
Ä 20012070 / M17
9 Jun 2022
Warning of deletion from the register: annual report not filed 9 Dec 2022 Deficiencies eliminated
5 Dec 2022
PDF
Ä 20012070 / M16
11 Apr 2022
Fine for not filing the report 27 Apr 2022 In force
28 Apr 2022
PDF
Ä 20012070 / M15
1 Mar 2022
Warning of a fine: annual report not filed 31 Mar 2022 Deficiencies eliminated
5 Dec 2022
PDF
Ä 20012070 / M14
20 Jul 2021
Procedural ruling 19 Aug 2021 Deficiencies eliminated
18 Aug 2021
PDF
Ä 20012070 / M13
16 Apr 2021
Warning of a fine: annual report not filed 16 May 2021 Deficiencies eliminated
15 Jul 2021
PDF
Ä 20012070 / M12
13 Sep 2018
Warning of deletion published in Ametlikud Teadaanded In force
13 Sep 2018
PDF
Ä 20012070 / M11
9 Mar 2018
Warning of deletion from the register: annual report not filed 10 Sep 2018 Deficiencies eliminated
11 Oct 2019
PDF
Ä 20012070 / 9
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20012070 / 8
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20012070 / 7
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20012070 / 6
5 Apr 2016
Entry ruling annulled: annual report not filed In force
5 Apr 2016
PDF
Ä 20012070 / M10
8 Dec 2014
Warning of deletion published in Ametlikud Teadaanded In force
8 Dec 2014
PDF
Ä 20012070 / M9
2 Jun 2014
Warning of deletion from the register: annual report not filed 29 Nov 2014 Deficiencies eliminated
18 Feb 2019
PDF
Ä 20012070 / 4
1 Nov 2010
Deletion of activities from the registry card In force
1 Nov 2010
PDF
Ä 12070 / M8
28 Jan 2010
Warning of deletion from the register: annual report not filed Deficiencies eliminated
29 Oct 2010
PDF
Ä 12070 / M7
9 Oct 2009
Fine for not filing the report 6 Dec 2009 In force
6 Nov 2009
PDF
Ä 12070 / M6
15 Feb 2008
Warning of deletion from the register: annual report not filed Deficiencies eliminated
3 Oct 2008
PDF
Ä 12070 / M5
21 Sep 2007
Fine for not filing the report 17 Nov 2007 Deficiencies eliminated
3 Oct 2008
PDF
Ä 12070 / M4
19 Sep 2006
Fine for not filing the report 1 Nov 2006 Deficiencies eliminated
3 Oct 2008
PDF
K 12357 / 3
11 May 2006
Commercial pledge entered In force
11 May 2006
PDF
Ä 12070 / 3
9 May 2006
Amendment entry In force
9 May 2006
PDF
Ä 12070 / M3
13 Oct 2004
Fine for not filing the report 13 Dec 2004 In force PDF
Ä 12070 / 2
6 Jan 2003
Entry decision on the register’s own initiative In force PDF
K 12357 / 2
5 Jun 2002
Commercial pledge deleted In force PDF
Ä 12070 / M2
3 May 2002
Fine for not filing the report 30 Jun 2002 In force PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data