AS GoRail
Active Registry code 10541949
AS Tallinn Registered 17 Mar 1999
AS GoRail is a AS based in Tallinn, registry code 10541949, status: active. Main activity: Freight rail transport. According to EMTA, turnover for Q3 2026 was €1 334 116 with 46 employees.
Turnover
1 334 116 €
↑ 9.2% vs Q2 2026
State taxes
290 926 €
↑ 1.9% vs Q2 2026
Labour taxes
177 920 €
↑ 1.0% vs Q2 2026
Employees
46
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 1.3 mn €above 98% of companiesindustry median 29 505 € · companies in the industry: 3 554
- Labour taxes per employee 3 868 €above 98% of companiesindustry median 1 179 € · companies in the industry: 3 134
- Revenue · 2025 8.4 mn €above 98% of companiesindustry median 32 212 € · companies in the industry: 5 896
- Net profit margin · 2025 -1.9 %above 26% of companiesindustry median 2.8 % · companies in the industry: 4 877
Taxes and turnover
- Company
- Industry median
Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 1 334 116 | 290 926 | 177 920 | 46 |
| Q2 2026 | 1 221 556 | 285 519 | 176 206 | 46 |
| Q1 2026 | 874 718 | 192 900 | 176 103 | 43 |
| Q4 2025 | 1 956 219 | 271 249 | 182 664 | 47 |
| Q3 2025 | 2 541 223 | 368 570 | 217 001 | 48 |
| Q2 2025 | 2 562 149 | 370 621 | 229 484 | 54 |
| Q1 2025 | 2 507 504 | 74 064 | 262 856 | 60 |
| Q4 2024 | 1 912 145 | 360 074 | 227 318 | 63 |
| Q3 2024 | 2 316 695 | 339 881 | 250 164 | 67 |
| Q2 2024 | 1 880 274 | 335 156 | 184 872 | 70 |
| Q1 2024 | 1 697 469 | 200 781 | 153 183 | 71 |
| Q4 2023 | 1 762 596 | 338 942 | 150 110 | 64 |
| Q3 2023 | 1 764 182 | 274 450 | 140 179 | 65 |
| Q2 2023 | 1 167 021 | 182 696 | 113 009 | 60 |
| Q1 2023 | 645 139 | 112 194 | 75 709 | 52 |
| Q4 2022 | 416 734 | 105 006 | 58 901 | 40 |
| Q3 2022 | 456 441 | 66 944 | 51 272 | 38 |
| Q2 2022 | 158 551 | 51 838 | 47 464 | 33 |
| Q1 2022 | 135 016 | 56 357 | 49 758 | 33 |
Labour taxes per employee per month
1 289 €
Turnover per employee in the quarter
29 003 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 8 357 195 | -155 033 | 1 966 704 | 5 305 160 | 2 712 750 | 48 |
| 2024 | 7 029 250 | 337 065 | 2 358 003 | 7 236 364 | 2 865 284 | 59 |
| 2023 | 5 602 830 | 354 772 | 1 353 297 | 10 935 770 | 3 619 167 | 40 |
| 2022 | 1 208 178 | -92 457 | 538 494 | 995 966 | 27 867 | 22 |
| 2021 | 1 679 848 | -67 895 | 544 228 | 500 479 | 100 324 | 23 |
| 2020 | 1 190 082 | -81 755 | 534 362 | 874 215 | 168 219 | 23 |
| 2019 | 2 163 367 | 59 141 | 412 529 | 786 365 | 249 974 | 17 |
| 2018 | — | — | — | — | — | 16 |
| 2017 | — | — | — | — | — | 14 |
| 2016 | — | — | — | — | — | 17 |
| 2015 | — | — | — | — | — | 45 |
| 2014 | — | — | — | — | — | 128 |
| 2013 | — | — | — | — | — | 128 |
| 2012 | — | — | — | — | — | 115 |
| 2011 | — | — | — | — | — | 106 |
| 2010 | — | — | — | — | — | 114 |
| 2009 | — | — | — | — | — | 121 |
| 2008 | — | — | — | — | — | 170 |
| 2007 | — | — | — | — | — | 170 |
| 2006 | — | — | — | — | — | 140 |
| 2005 | — | — | — | — | — | 123 |
| 2004 | — | — | — | — | — | 119 |
| 2003 | — | — | — | — | — | 60 |
| 2002 | — | — | — | — | — | 53 |
| 2001 | — | — | — | — | — | 15 |
| 2000 | — | — | — | — | — | 60 |
| 1999 | — | — | — | — | — | 174 |
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
-1.9 %
Net profit / revenue
Return on equity (ROE)
-5.7 %
Net profit / equity
Return on assets (ROA)
-2.9 %
Net profit / assets
Equity ratio
51.1 %
Equity / assets
Debt ratio
48.9 %
Liabilities / assets
Current ratio
1.88
Current assets / current liabilities
Revenue per employee
174 108 €
Revenue / average full-time employees
Labour cost per employee per month
3 414 €
Labour costs / employees / 12 months (incl. employer taxes)
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 Jan 2024 – 31 Dec 2024 | 30 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 28 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 30 Jun 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 30 Jun 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 30 Jun 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 2 | 1 300 000 € | Swedbank AS | 5 Jul 2024 – in force |
| 1 | 100 000 € | Swedbank AS, Swedbank AS | 2 Sep 2022 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Kalvi PukkaBoard member · since 31 Oct 2023
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Owner in
- 25%
Beneficial owners
- Marcel VichmannIndirect ownership · since 10 Sep 2018
- Tiit PruuliIndirect ownership · since 10 Sep 2018
Founders and other persons
- aktsiaselts EESTI RAUDTEEFounder · 14 700 000 € · 17 Mar 1999
- Osaühing Fraser GroupFounder · 15 300 000 € · 17 Mar 1999
- Meelis AsiAudit firm · 10 Nov 2000
- Grant Thornton Rimess OÜAudit firm · 7 Mar 2010
- Lauri PastAudit firm · 28 Apr 2017
- Rando RandAudit firm · 28 Apr 2017
- Aktsiaselts PricewaterhouseCoopersAudit firm · 28 Apr 2017
- Aivar UrmChairman of the supervisory board · 3 Jun 2014
- Marcel VichmannSupervisory board member · 3 Jun 2014
- Tiit PruuliSupervisory board member · 3 Jun 2014
- Omanikukonto: AS GO GROUPShareholder · 25 000 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 49201Freight rail transport Main
- 33121Repair and maintenance of machinery
- 68201Rental and operating of own or leased real estate
- 77391Rental and leasing of rail vehicles
- 85599Other education n.e.c.
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10038977 / 27 22 Jul 2025 |
Second (constitutive) merger entry | In force 22 Jul 2025 |
||
| Ä 10038977 / M8 15 Jul 2025 |
Procedural ruling | 25 Jul 2025 | Deficiencies eliminated 22 Jul 2025 |
|
| Ä 10038977 / 26 5 Jul 2024 |
Second (constitutive) merger entry | In force 5 Jul 2024 |
||
| K 10038977 / 25 5 Jul 2024 |
Commercial pledge entered | In force 5 Jul 2024 |
||
| K 10038977 / 24 5 Jul 2024 |
Commercial pledge amended | In force 5 Jul 2024 |
||
| Ä 10038977 / M7 21 Jun 2024 |
Ruling to eliminate deficiencies | 31 Jul 2024 | Deficiencies eliminated 5 Jul 2024 |
|
| Ä 10038977 / M6 15 Jun 2024 |
Ruling to eliminate deficiencies | 1 Jul 2024 | Deficiencies eliminated 20 Jun 2024 |
|
| Ä 10038977 / 23 31 Oct 2023 |
Amendment entry | In force 31 Oct 2023 |
||
| K 10038977 / 22 2 Sep 2022 |
Commercial pledge entered | In force 2 Sep 2022 |
||
| Ä 10038977 / 21 6 Oct 2020 |
Amendment entry | In force 6 Oct 2020 |
||
| Ä 10038977 / 20 30 Jun 2018 |
Amendment entry | In force 30 Jun 2018 |
||
| Ä 10038977 / 19 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10038977 / 18 7 Nov 2017 |
Amendment entry | In force 7 Nov 2017 |
||
| Ä 10038977 / 17 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10038977 / 16 12 Sep 2016 |
Amendment entry | In force 12 Sep 2016 |
||
| Ä 10038977 / 15 23 Nov 2015 |
Division entry (second, constitutive) | In force 23 Nov 2015 |
||
| Ä 10038977 / 14 4 Sep 2014 |
Entry refused: deficiencies not eliminated | In force 30 Sep 2014 |
||
| Ä 10038977 / 13 4 Sep 2014 |
Amendment entry | In force 4 Sep 2014 |
||
| Ä 10038977 / M5 15 Jul 2014 |
Ruling to eliminate deficiencies | 29 Aug 2014 | In force 15 Jul 2014 |
|
| Ä 10038977 / M4 30 Jun 2014 |
Ruling to eliminate deficiencies | 10 Jul 2014 | In force 30 Jun 2014 |
|
| Ä 10038977 / 12 9 Apr 2014 |
Amendment entry | In force 9 Apr 2014 |
||
| Ä 10038977 / M3 1 Apr 2014 |
Ruling to eliminate deficiencies | 8 Apr 2014 | In force 1 Apr 2014 |
|
| Ä 10038977 / 11 10 Apr 2012 |
Amendment entry | In force 10 Apr 2012 |
||
| Ä 10038977 / M2 28 Feb 2012 |
Ruling to eliminate deficiencies | 30 Apr 2012 | In force 28 Feb 2012 |
|
| Ä 38977 / 10 3 Dec 2008 |
Deletion of activities from the registry card | In force 4 Dec 2008 |
||
| Ä 38977 / 9 28 Sep 2006 |
Amendment entry | In force 28 Sep 2006 |
||
| Ä 38977 / 8 1 Sep 2005 |
Amendment entry | In force | ||
| Ä 38977 / 7 8 Aug 2005 |
Amendment entry | In force | ||
| Ä 38977 / 6 3 Feb 2005 |
Amendment entry | In force | ||
| Ä 38977 / 5 21 Feb 2003 |
Unpublished amendment entry | In force | ||
| Ä 38977 / M1 22 Jan 2003 |
Ruling to eliminate deficiencies (to be served) | In force | ||
| Ä 38977 / 4 9 Jan 2003 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data