Aktsiaselts Munkfors Saed

Active Registry code 10685743 AS Tartu linn Registered 18 Aug 2000
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Aktsiaselts Munkfors Saed is a AS based in Tartu linn, registry code 10685743, status: active. Main activity: Manufacture of other fabricated metal products n.e.c.. According to EMTA, turnover for Q3 2026 was €825 679 with 52 employees.

Turnover
825 679 €
↑ 65.0% vs Q2 2026
State taxes
104 032 €
↑ 8.5% vs Q2 2026
Labour taxes
106 499 €
↑ 3.7% vs Q2 2026
Employees
52
−1 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 825 679 €
    industry median 54 051 € · companies in the industry: 1 358
  • Labour taxes per employee 2 048 €
    industry median 1 944 € · companies in the industry: 1 121
  • Revenue · 2025 1.6 mn €
    industry median 71 144 € · companies in the industry: 1 712
  • Net profit margin · 2025 0.0 %
    industry median 3.4 % · companies in the industry: 1 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 825 679 € · +65.0% vs Q2 2026 · industry median 54 051 € · above 89% of the industry
02004006008001 000Q4 2023 Company: 392 683 € Industry median: 47 931 €Q4·23Q1 2024 Company: 370 439 € Industry median: 39 673 €Q2 2024 Company: 449 287 € Industry median: 43 108 €Q2·24Q3 2024 Company: 332 423 € Industry median: 46 432 €Q4 2024 Company: 680 355 € Industry median: 49 785 €Q4·24Q1 2025 Company: 401 821 € Industry median: 42 425 €Q2 2025 Company: 484 586 € Industry median: 50 007 €Q2·25Q3 2025 Company: 372 726 € Industry median: 48 528 €Q4 2025 Company: 493 557 € Industry median: 53 452 €Q4·25Q1 2026 Company: 404 974 € Industry median: 45 198 €Q2 2026 Company: 500 524 € Industry median: 54 700 €Q2·26Q3 2026 Company: 825 679 € Industry median: 54 051 €Q3·2602004006008001 000Q4 2024 Company: 680 355 € Industry median: 49 785 €Q1 2025 Company: 401 821 € Industry median: 42 425 €Q1·25Q2 2025 Company: 484 586 € Industry median: 50 007 €Q3 2025 Company: 372 726 € Industry median: 48 528 €Q3·25Q4 2025 Company: 493 557 € Industry median: 53 452 €Q1 2026 Company: 404 974 € Industry median: 45 198 €Q1·26Q2 2026 Company: 500 524 € Industry median: 54 700 €Q3 2026 Company: 825 679 € Industry median: 54 051 €Q3·26
  • 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: 2 048 € · +5.7% vs Q2 2026 · industry median 1 944 € · above 52% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 833 € Industry median: 1 751 €Q4·23Q1 2024 Company: 1 962 € Industry median: 1 757 €Q2 2024 Company: 1 853 € Industry median: 1 735 €Q2·24Q3 2024 Company: 1 820 € Industry median: 1 864 €Q4 2024 Company: 2 054 € Industry median: 1 892 €Q4·24Q1 2025 Company: 1 924 € Industry median: 1 847 €Q2 2025 Company: 2 053 € Industry median: 1 858 €Q2·25Q3 2025 Company: 2 079 € Industry median: 1 902 €Q4 2025 Company: 2 166 € Industry median: 2 028 €Q4·25Q1 2026 Company: 2 096 € Industry median: 1 906 €Q2 2026 Company: 1 938 € Industry median: 1 845 €Q2·26Q3 2026 Company: 2 048 € Industry median: 1 944 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 2 054 € Industry median: 1 892 €Q1 2025 Company: 1 924 € Industry median: 1 847 €Q1·25Q2 2025 Company: 2 053 € Industry median: 1 858 €Q3 2025 Company: 2 079 € Industry median: 1 902 €Q3·25Q4 2025 Company: 2 166 € Industry median: 2 028 €Q1 2026 Company: 2 096 € Industry median: 1 906 €Q1·26Q2 2026 Company: 1 938 € Industry median: 1 845 €Q3 2026 Company: 2 048 € Industry median: 1 944 €Q3·26
  • 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: 52 · −1.9% vs Q2 2026
0204060Q4 2023 Company: 48Q4·23Q1 2024 Company: 48Q2 2024 Company: 47Q2·24Q3 2024 Company: 51Q4 2024 Company: 50Q4·24Q1 2025 Company: 50Q2 2025 Company: 51Q2·25Q3 2025 Company: 50Q4 2025 Company: 50Q4·25Q1 2026 Company: 51Q2 2026 Company: 53Q2·26Q3 2026 Company: 52Q3·260204060Q4 2024 Company: 50Q1 2025 Company: 50Q1·25Q2 2025 Company: 51Q3 2025 Company: 50Q3·25Q4 2025 Company: 50Q1 2026 Company: 51Q1·26Q2 2026 Company: 53Q3 2026 Company: 52Q3·26
State taxes, € thousand Q3 2026: 104 032 € · +8.5% vs Q2 2026
0255075100125Q4 2023 Company: 83 129 €Q4·23Q1 2024 Company: 88 745 €Q2 2024 Company: 82 318 €Q2·24Q3 2024 Company: 87 474 €Q4 2024 Company: 98 901 €Q4·24Q1 2025 Company: 90 995 €Q2 2025 Company: 98 201 €Q2·25Q3 2025 Company: 97 068 €Q4 2025 Company: 102 281 €Q4·25Q1 2026 Company: 101 003 €Q2 2026 Company: 95 884 €Q2·26Q3 2026 Company: 104 032 €Q3·260255075100125Q4 2024 Company: 98 901 €Q1 2025 Company: 90 995 €Q1·25Q2 2025 Company: 98 201 €Q3 2025 Company: 97 068 €Q3·25Q4 2025 Company: 102 281 €Q1 2026 Company: 101 003 €Q1·26Q2 2026 Company: 95 884 €Q3 2026 Company: 104 032 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 825 679 104 032 106 499 52
Q2 2026 500 524 95 884 102 732 53
Q1 2026 404 974 101 003 106 919 51
Q4 2025 493 557 102 281 108 294 50
Q3 2025 372 726 97 068 103 925 50
Q2 2025 484 586 98 201 104 680 51
Q1 2025 401 821 90 995 96 204 50
Q4 2024 680 355 98 901 102 700 50
Q3 2024 332 423 87 474 92 843 51
Q2 2024 449 287 82 318 87 094 47
Q1 2024 370 439 88 745 94 170 48
Q4 2023 392 683 83 129 88 003 48
Q3 2023 290 853 79 764 85 070 48
Q2 2023 385 057 74 419 79 332 48
Q1 2023 347 896 83 749 88 459 48
Q4 2022 364 111 85 415 88 446 47
Q3 2022 249 561 72 295 76 955 44
Q2 2022 332 014 67 453 71 915 45
Q1 2022 320 799 69 171 73 418 45
Labour taxes per employee per month
683 €
Turnover per employee in the quarter
15 878 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2026
Revenue, € thousand 2025: 1 634 941 € · +0.6% vs 2024 · industry median 71 144 € · above 88% of the industry
05001 0001 5002 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 110 649 € Industry median: 87 578 €20192020 Company: 1 047 545 € Industry median: 80 652 €20202021 Company: 1 130 282 € Industry median: 85 610 €20212022 Company: 1 223 587 € Industry median: 84 505 €20222023 Company: 1 364 870 € Industry median: 79 655 €20232024 Company: 1 625 156 € Industry median: 75 081 €20242025 Company: 1 634 941 € Industry median: 71 144 €20252026 Company: — Industry median: 237 482 €202605001 0001 5002 0002019 Company: 1 110 649 € Industry median: 87 578 €2020 Company: 1 047 545 € Industry median: 80 652 €20202021 Company: 1 130 282 € Industry median: 85 610 €2022 Company: 1 223 587 € Industry median: 84 505 €20222023 Company: 1 364 870 € Industry median: 79 655 €2024 Company: 1 625 156 € Industry median: 75 081 €20242025 Company: 1 634 941 € Industry median: 71 144 €2026 Company: — Industry median: 237 482 €2026
  • 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, € 2025: -211 € · −100.3% vs 2024 · industry median 904 € · above 29% of the industry
-100 000-50 000050 000100 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 70 034 € Industry median: 3 345 €20192020 Company: -13 468 € Industry median: 1 618 €20202021 Company: -50 977 € Industry median: 2 495 €20212022 Company: -69 338 € Industry median: 3 066 €20222023 Company: -80 473 € Industry median: 1 431 €20232024 Company: 79 129 € Industry median: 714 €20242025 Company: -211 € Industry median: 904 €20252026 Company: — Industry median: 1 184 €2026-100 000-50 000050 000100 0002019 Company: 70 034 € Industry median: 3 345 €2020 Company: -13 468 € Industry median: 1 618 €20202021 Company: -50 977 € Industry median: 2 495 €2022 Company: -69 338 € Industry median: 3 066 €20222023 Company: -80 473 € Industry median: 1 431 €2024 Company: 79 129 € Industry median: 714 €20242025 Company: -211 € Industry median: 904 €2026 Company: — Industry median: 1 184 €2026
  • 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: 0.0 % · −4.9 pp vs the year before · industry median 3.4 % · above 32% of the industry
-8-5-303582017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 6.3 % Industry median: 4.9 %20192020 Company: -1.3 % Industry median: 3.7 %20202021 Company: -4.5 % Industry median: 4.4 %20212022 Company: -5.7 % Industry median: 5.1 %20222023 Company: -5.9 % Industry median: 4.2 %20232024 Company: 4.9 % Industry median: 2.9 %20242025 Company: 0.0 % Industry median: 3.4 %20252026 Company: — Industry median: 3.8 %2026-8-5-303582019 Company: 6.3 % Industry median: 4.9 %2020 Company: -1.3 % Industry median: 3.7 %20202021 Company: -4.5 % Industry median: 4.4 %2022 Company: -5.7 % Industry median: 5.1 %20222023 Company: -5.9 % Industry median: 4.2 %2024 Company: 4.9 % Industry median: 2.9 %20242025 Company: 0.0 % Industry median: 3.4 %2026 Company: — Industry median: 3.8 %2026
  • 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: 1 601 990 € · +0.2% vs 2024
05001 0001 5002 0002017 Company: —20172018 Company: —20182019 Company: 1 732 285 €20192020 Company: 1 671 622 €20202021 Company: 1 630 622 €20212022 Company: 1 587 462 €20222023 Company: 1 507 393 €20232024 Company: 1 598 297 €20242025 Company: 1 601 990 €20252026 Company: —202605001 0001 5002 0002019 Company: 1 732 285 €2020 Company: 1 671 622 €20202021 Company: 1 630 622 €2022 Company: 1 587 462 €20222023 Company: 1 507 393 €2024 Company: 1 598 297 €20242025 Company: 1 601 990 €2026 Company: —2026
Equity, € thousand 2025: 1 466 445 € · −0.0% vs 2024
05001 0001 5002 0002017 Company: —20172018 Company: —20182019 Company: 1 601 783 €20192020 Company: 1 588 315 €20202021 Company: 1 537 338 €20212022 Company: 1 468 000 €20222023 Company: 1 387 527 €20232024 Company: 1 466 656 €20242025 Company: 1 466 445 €20252026 Company: —202605001 0001 5002 0002019 Company: 1 601 783 €2020 Company: 1 588 315 €20202021 Company: 1 537 338 €2022 Company: 1 468 000 €20222023 Company: 1 387 527 €2024 Company: 1 466 656 €20242025 Company: 1 466 445 €2026 Company: —2026
Employees 2026: 53 · +3.9% vs 2025 · industry median 7 · above 98% of the industry
02040602017 Company: 40 Industry median: —20172018 Company: 41 Industry median: 420182019 Company: 42 Industry median: 320192020 Company: 43 Industry median: 320202021 Company: 44 Industry median: 320212022 Company: 46 Industry median: 320222023 Company: 46 Industry median: 320232024 Company: 48 Industry median: 320242025 Company: 51 Industry median: 320252026 Company: 53 Industry median: 7202602040602019 Company: 42 Industry median: 32020 Company: 43 Industry median: 320202021 Company: 44 Industry median: 32022 Company: 46 Industry median: 320222023 Company: 46 Industry median: 32024 Company: 48 Industry median: 320242025 Company: 51 Industry median: 32026 Company: 53 Industry median: 72026
  • 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
2026 — — — — — 53
2025 1 634 941 -211 1 116 977 1 601 990 1 466 445 51
2024 1 625 156 79 129 1 028 650 1 598 297 1 466 656 48
2023 1 364 870 -80 473 944 624 1 507 393 1 387 527 46
2022 1 223 587 -69 338 812 568 1 587 462 1 468 000 46
2021 1 130 282 -50 977 711 675 1 630 622 1 537 338 44
2020 1 047 545 -13 468 650 934 1 671 622 1 588 315 43
2019 1 110 649 70 034 586 688 1 732 285 1 601 783 42
2018 — — — — — 41
2017 — — — — — 40
2016 — — — — — 41
2015 — — — — — 38
2014 — — — — — 36
2013 — — — — — 31
2012 — — — — — 29
2011 — — — — — 22
2010 — — — — — 20
2008 — — — — — 17
2007 — — — — — 15
2006 — — — — — 15
2005 — — — — — 14
2004 — — — — — 12
2003 — — — — — 10
2002 — — — — — 7
2001 — — — — — 1

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
0.0 %
Net profit / revenue
Return on equity (ROE)
0.0 %
Net profit / equity
Return on assets (ROA)
0.0 %
Net profit / assets
Equity ratio
91.5 %
Equity / assets
Debt ratio
8.5 %
Liabilities / assets
Current ratio
8.11
Current assets / current liabilities
Revenue per employee
32 058 €
Revenue / average full-time employees
Labour cost per employee per month
1 825 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Sep 2024 – 31 Aug 2025 17 Oct 2025 Company’s own · audited e-Äriregister
2024 1 Sep 2023 – 31 Aug 2024 10 Oct 2024 Company’s own · audited e-Äriregister
2023 1 Sep 2022 – 31 Aug 2023 10 Oct 2023 Company’s own · audited e-Äriregister
2022 1 Sep 2021 – 31 Aug 2022 6 Oct 2022 Company’s own · audited e-Äriregister
2021 1 Sep 2020 – 31 Aug 2021 29 Sep 2021 Company’s own · audited e-Äriregister
2020 1 Sep 2019 – 31 Aug 2020 30 Sep 2020 Company’s own · audited e-Äriregister
2019 1 Sep 2018 – 31 Aug 2019 23 Sep 2019 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Andrian Olado
    Board member · since 2 Jul 2003

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

  • Osaühing Deepak Grupp
    Founder · 400 000 € · 18 Aug 2000
  • Osaühing Number RT
    Audit firm · 30 Oct 2014
  • Jarl Hallberg
    Supervisory board member · 22 Feb 2001
  • Per Jonsson
    Supervisory board member · 22 Feb 2001
  • Per-Olov Hallberg
    Supervisory board member · 22 Feb 2001
  • Omanikukonto: MUNKFORSSAGAR AB
    Shareholder · 25 600 € · 16 Aug 2023
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 25991Manufacture of other fabricated metal products n.e.c. Main
Rulings
Number, date Title Deadline State Document
Ä 20020185 / 10
13 Feb 2018
Amendment entry In force
13 Feb 2018
PDF
Ä 20020185 / 9
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20020185 / 8
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20020185 / 7
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20020185 / 6
14 Mar 2012
Amendment entry In force
14 Mar 2012
PDF
Ä 20020185 / M1
13 Feb 2012
Ruling to eliminate deficiencies 13 Apr 2012 In force
13 Feb 2012
PDF
Ä 20185 / 5
3 Dec 2008
Deletion of activities from the registry card In force
19 Dec 2008
PDF
Ä 20185 / 4
1 Jul 2003
Amendment entry In force PDF
Ä 20185 / 3
13 Jan 2003
Entry decision on the register’s own initiative In force PDF
Ä 20185 / 2
30 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