AS Maru Metall

Active Registry code 10723834 AS Ardu alevik Registered 22 Jan 2001
Compare

AS Maru Metall is a AS based in Ardu alevik, registry code 10723834, status: active. Main activity: Manufacture of other metal structures and parts of structures. According to EMTA, turnover for Q3 2026 was €2 528 462 with 80 employees.

Turnover
2 528 462 €
↓ 52.8% vs Q2 2026
State taxes
359 841 €
↓ 14.1% vs Q2 2026
Labour taxes
306 462 €
↑ 2.2% vs Q2 2026
Employees
80
+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 2.5 mn €
    industry median 54 051 € · companies in the industry: 1 358
  • Labour taxes per employee 3 831 €
    industry median 1 944 € · companies in the industry: 1 121
  • Revenue · 2025 11.8 mn €
    industry median 71 144 € · companies in the industry: 1 712
  • Net profit margin · 2025 -1.3 %
    industry median 3.4 % · companies in the industry: 1 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 2 528 462 € · −52.8% vs Q2 2026 · industry median 54 051 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 6 649 735 € Industry median: 47 931 €Q4·23Q1 2024 Company: 4 105 149 € Industry median: 39 673 €Q2 2024 Company: 3 847 005 € Industry median: 43 108 €Q2·24Q3 2024 Company: 2 879 388 € Industry median: 46 432 €Q4 2024 Company: 3 648 631 € Industry median: 49 785 €Q4·24Q1 2025 Company: 3 800 864 € Industry median: 42 425 €Q2 2025 Company: 4 152 965 € Industry median: 50 007 €Q2·25Q3 2025 Company: 3 196 662 € Industry median: 48 528 €Q4 2025 Company: 3 910 890 € Industry median: 53 452 €Q4·25Q1 2026 Company: 2 764 215 € Industry median: 45 198 €Q2 2026 Company: 5 353 221 € Industry median: 54 700 €Q2·26Q3 2026 Company: 2 528 462 € Industry median: 54 051 €Q3·2602 0004 0006 000Q4 2024 Company: 3 648 631 € Industry median: 49 785 €Q1 2025 Company: 3 800 864 € Industry median: 42 425 €Q1·25Q2 2025 Company: 4 152 965 € Industry median: 50 007 €Q3 2025 Company: 3 196 662 € Industry median: 48 528 €Q3·25Q4 2025 Company: 3 910 890 € Industry median: 53 452 €Q1 2026 Company: 2 764 215 € Industry median: 45 198 €Q1·26Q2 2026 Company: 5 353 221 € Industry median: 54 700 €Q3 2026 Company: 2 528 462 € 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: 3 831 € · +0.9% vs Q2 2026 · industry median 1 944 € · above 86% of the industry
02 0004 0006 000Q4 2023 Company: 4 136 € Industry median: 1 751 €Q4·23Q1 2024 Company: 4 195 € Industry median: 1 757 €Q2 2024 Company: 3 661 € Industry median: 1 735 €Q2·24Q3 2024 Company: 5 435 € Industry median: 1 864 €Q4 2024 Company: 3 640 € Industry median: 1 892 €Q4·24Q1 2025 Company: 3 538 € Industry median: 1 847 €Q2 2025 Company: 4 065 € Industry median: 1 858 €Q2·25Q3 2025 Company: 4 330 € Industry median: 1 902 €Q4 2025 Company: 4 188 € Industry median: 2 028 €Q4·25Q1 2026 Company: 4 091 € Industry median: 1 906 €Q2 2026 Company: 3 796 € Industry median: 1 845 €Q2·26Q3 2026 Company: 3 831 € Industry median: 1 944 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 3 640 € Industry median: 1 892 €Q1 2025 Company: 3 538 € Industry median: 1 847 €Q1·25Q2 2025 Company: 4 065 € Industry median: 1 858 €Q3 2025 Company: 4 330 € Industry median: 1 902 €Q3·25Q4 2025 Company: 4 188 € Industry median: 2 028 €Q1 2026 Company: 4 091 € Industry median: 1 906 €Q1·26Q2 2026 Company: 3 796 € Industry median: 1 845 €Q3 2026 Company: 3 831 € 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: 80 · +1.3% vs Q2 2026
020406080100Q4 2023 Company: 82Q4·23Q1 2024 Company: 84Q2 2024 Company: 83Q2·24Q3 2024 Company: 79Q4 2024 Company: 77Q4·24Q1 2025 Company: 80Q2 2025 Company: 79Q2·25Q3 2025 Company: 82Q4 2025 Company: 81Q4·25Q1 2026 Company: 79Q2 2026 Company: 79Q2·26Q3 2026 Company: 80Q3·26020406080100Q4 2024 Company: 77Q1 2025 Company: 80Q1·25Q2 2025 Company: 79Q3 2025 Company: 82Q3·25Q4 2025 Company: 81Q1 2026 Company: 79Q1·26Q2 2026 Company: 79Q3 2026 Company: 80Q3·26
State taxes, € thousand Q3 2026: 359 841 € · −14.1% vs Q2 2026
0200400600800Q4 2023 Company: 644 808 €Q4·23Q1 2024 Company: 595 751 €Q2 2024 Company: 414 789 €Q2·24Q3 2024 Company: 624 907 €Q4 2024 Company: 663 428 €Q4·24Q1 2025 Company: 380 002 €Q2 2025 Company: 505 052 €Q2·25Q3 2025 Company: 455 422 €Q4 2025 Company: 528 431 €Q4·25Q1 2026 Company: 210 814 €Q2 2026 Company: 418 912 €Q2·26Q3 2026 Company: 359 841 €Q3·260200400600800Q4 2024 Company: 663 428 €Q1 2025 Company: 380 002 €Q1·25Q2 2025 Company: 505 052 €Q3 2025 Company: 455 422 €Q3·25Q4 2025 Company: 528 431 €Q1 2026 Company: 210 814 €Q1·26Q2 2026 Company: 418 912 €Q3 2026 Company: 359 841 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 2 528 462 359 841 306 462 80
Q2 2026 5 353 221 418 912 299 921 79
Q1 2026 2 764 215 210 814 323 191 79
Q4 2025 3 910 890 528 431 339 264 81
Q3 2025 3 196 662 455 422 355 085 82
Q2 2025 4 152 965 505 052 321 097 79
Q1 2025 3 800 864 380 002 283 051 80
Q4 2024 3 648 631 663 428 280 286 77
Q3 2024 2 879 388 624 907 429 386 79
Q2 2024 3 847 005 414 789 303 855 83
Q1 2024 4 105 149 595 751 352 379 84
Q4 2023 6 649 735 644 808 339 170 82
Q3 2023 6 919 137 495 006 328 047 89
Q2 2023 6 984 474 869 044 356 743 85
Q1 2023 7 941 276 965 929 344 886 88
Q4 2022 9 959 836 841 905 312 627 87
Q3 2022 10 165 079 847 481 282 908 86
Q2 2022 7 957 841 366 095 251 310 86
Q1 2022 2 711 804 298 450 241 583 83
Labour taxes per employee per month
1 277 €
Turnover per employee in the quarter
31 606 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 11 786 744 € · +9.6% vs 2024 · industry median 71 144 € · above 98% of the industry
05 00010 00015 00020 00025 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 15 749 539 € Industry median: 87 578 €20192020 Company: 9 247 229 € Industry median: 80 652 €20202021 Company: 11 919 860 € Industry median: 85 610 €20212022 Company: 24 248 832 € Industry median: 84 505 €20222023 Company: 23 584 177 € Industry median: 79 655 €20232024 Company: 10 751 466 € Industry median: 75 081 €20242025 Company: 11 786 744 € Industry median: 71 144 €202505 00010 00015 00020 00025 0002018 Company: — Industry median: —2019 Company: 15 749 539 € Industry median: 87 578 €20192020 Company: 9 247 229 € Industry median: 80 652 €2021 Company: 11 919 860 € Industry median: 85 610 €20212022 Company: 24 248 832 € Industry median: 84 505 €2023 Company: 23 584 177 € Industry median: 79 655 €20232024 Company: 10 751 466 € Industry median: 75 081 €2025 Company: 11 786 744 € Industry median: 71 144 €2025
  • 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: -149 351 € · +68.0% vs 2024 · industry median 904 € · above 2% of the industry
-1 00001 0002 0003 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 390 666 € Industry median: 3 345 €20192020 Company: -414 031 € Industry median: 1 618 €20202021 Company: -24 113 € Industry median: 2 495 €20212022 Company: 1 299 947 € Industry median: 3 066 €20222023 Company: 2 633 620 € Industry median: 1 431 €20232024 Company: -467 291 € Industry median: 714 €20242025 Company: -149 351 € Industry median: 904 €2025-1 00001 0002 0003 0002018 Company: — Industry median: —2019 Company: 390 666 € Industry median: 3 345 €20192020 Company: -414 031 € Industry median: 1 618 €2021 Company: -24 113 € Industry median: 2 495 €20212022 Company: 1 299 947 € Industry median: 3 066 €2023 Company: 2 633 620 € Industry median: 1 431 €20232024 Company: -467 291 € Industry median: 714 €2025 Company: -149 351 € Industry median: 904 €2025
  • 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: -1.3 % · +3.1 pp vs the year before · industry median 3.4 % · above 28% of the industry
-50510152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2.5 % Industry median: 4.9 %20192020 Company: -4.5 % Industry median: 3.7 %20202021 Company: -0.2 % Industry median: 4.4 %20212022 Company: 5.4 % Industry median: 5.1 %20222023 Company: 11.2 % Industry median: 4.2 %20232024 Company: -4.3 % Industry median: 2.9 %20242025 Company: -1.3 % Industry median: 3.4 %2025-50510152018 Company: — Industry median: —2019 Company: 2.5 % Industry median: 4.9 %20192020 Company: -4.5 % Industry median: 3.7 %2021 Company: -0.2 % Industry median: 4.4 %20212022 Company: 5.4 % Industry median: 5.1 %2023 Company: 11.2 % Industry median: 4.2 %20232024 Company: -4.3 % Industry median: 2.9 %2025 Company: -1.3 % Industry median: 3.4 %2025
  • 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: 4 311 218 € · −11.7% vs 2024
02 0004 0006 0008 00010 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 3 886 331 €20192020 Company: 3 799 257 €20202021 Company: 3 847 747 €20212022 Company: 9 108 382 €20222023 Company: 7 544 111 €20232024 Company: 4 879 847 €20242025 Company: 4 311 218 €202502 0004 0006 0008 00010 0002018 Company: —2019 Company: 3 886 331 €20192020 Company: 3 799 257 €2021 Company: 3 847 747 €20212022 Company: 9 108 382 €2023 Company: 7 544 111 €20232024 Company: 4 879 847 €2025 Company: 4 311 218 €2025
Equity, € thousand 2025: 2 894 155 € · −7.9% vs 2024
01 0002 0003 0004 0005 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 595 375 €20192020 Company: 1 041 344 €20202021 Company: 977 231 €20212022 Company: 2 177 178 €20222023 Company: 4 610 798 €20232024 Company: 3 143 507 €20242025 Company: 2 894 155 €202501 0002 0003 0004 0005 0002018 Company: —2019 Company: 1 595 375 €20192020 Company: 1 041 344 €2021 Company: 977 231 €20212022 Company: 2 177 178 €2023 Company: 4 610 798 €20232024 Company: 3 143 507 €2025 Company: 2 894 155 €2025
Employees 2025: 82 · +6.5% vs 2024 · industry median 3 · above 98% of the industry
02550751001252016 Company: 93 Industry median: —20162017 Company: 91 Industry median: —20172018 Company: 103 Industry median: 420182019 Company: 78 Industry median: 320192020 Company: 0 Industry median: 320202021 Company: 84 Industry median: 320212022 Company: 84 Industry median: 320222023 Company: 0 Industry median: 320232024 Company: 77 Industry median: 320242025 Company: 82 Industry median: 3202502550751001252018 Company: 103 Industry median: 42019 Company: 78 Industry median: 320192020 Company: 0 Industry median: 32021 Company: 84 Industry median: 320212022 Company: 84 Industry median: 32023 Company: 0 Industry median: 320232024 Company: 77 Industry median: 32025 Company: 82 Industry median: 32025
  • 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 11 786 744 -149 351 3 129 194 4 311 218 2 894 155 82
2024 10 751 466 -467 291 2 769 184 4 879 847 3 143 507 77
2023 23 584 177 2 633 620 — 7 544 111 4 610 798 0
2022 24 248 832 1 299 947 — 9 108 382 2 177 178 84
2021 11 919 860 -24 113 — 3 847 747 977 231 84
2020 9 247 229 -414 031 — 3 799 257 1 041 344 0
2019 15 749 539 390 666 — 3 886 331 1 595 375 78
2018 — — — — — 103
2017 — — — — — 91
2016 — — — — — 93
2015 — — — — — 94
2014 — — — — — 106
2013 — — — — — 105
2012 — — — — — 100
2011 — — — — — 106
2010 — — — — — 97
2009 — — — — — 104
2008 — — — — — 101
2007 — — — — — 92
2006 — — — — — 99
2005 — — — — — 100
2004 — — — — — 97
2003 — — — — — 100
2002 — — — — — 49
2001 — — — — — 0

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
-1.3 %
Net profit / revenue
Return on equity (ROE)
-5.2 %
Net profit / equity
Return on assets (ROA)
-3.5 %
Net profit / assets
Equity ratio
67.1 %
Equity / assets
Debt ratio
32.9 %
Liabilities / assets
Current ratio
2.57
Current assets / current liabilities
Revenue per employee
143 741 €
Revenue / average full-time employees
Labour cost per employee per month
3 180 €
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 25 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 16 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 21 Jun 2024 Consolidated · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 16 Jun 2023 Consolidated · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 15 Jun 2022 Consolidated · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 28 Jun 2021 Consolidated · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 22 Jun 2020 Consolidated · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
3 605 200 € AS SEB Pank 3 Aug 2011 – in force
2 9 000 000 EEK Aktsiaselts SEB Eesti Ühispank 16 Jan 2007 – in force
1 5 000 000 EEK Aktsiaselts Eesti Ühispank 28 Jun 2004 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 27 Sep 2017
  • Madis Tuuling
    Board member · since 22 Feb 2012
  • Heiti Zukovits
    Board member · since 7 Nov 2017

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)

  • 25119Manufacture of other metal structures and parts of structures Main
Rulings
Number, date Title Deadline State Document
Ä 10053697 / 17
10 Feb 2025
Amendment entry In force
10 Feb 2025
PDF
Ä 10053697 / 16
6 Jan 2025
Division entry (second, constitutive) In force
6 Jan 2025
PDF
Ä 10053697 / M7
31 Dec 2024
Procedural ruling 7 Jan 2025 Deficiencies eliminated
6 Jan 2025
PDF
Ä 10053697 / M6
23 Aug 2023
Ruling to correct data outside an entry 6 Sep 2023 Deficiencies eliminated
28 Aug 2023
PDF
Ä 10053697 / 15
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10053697 / 14
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10053697 / 13
27 Sep 2017
Amendment entry In force
27 Sep 2017
PDF
Ä 10053697 / M5
9 Feb 2015
Refund of the state fee In force
9 Feb 2015
PDF
Ä 10053697 / M4
9 Feb 2015
Refund of the state fee In force
9 Feb 2015
PDF
Ä 10053697 / 12
6 Jun 2014
Amendment entry In force
6 Jun 2014
PDF
Ä 10053697 / 11
12 Apr 2013
Amendment under Commercial Code § 525 (2) In force
12 Apr 2013
PDF
Ä 10053697 / 10
12 Jul 2012
Amendment entry In force
12 Jul 2012
PDF
Ä 10053697 / 9
22 Feb 2012
Amendment entry In force
22 Feb 2012
PDF
Ä 10053697 / M3
13 Feb 2012
Ruling to eliminate deficiencies 12 Apr 2012 In force
13 Feb 2012
PDF
Ä 10053697 / M2
30 Jan 2012
Ruling to eliminate deficiencies 12 Apr 2012 In force
30 Jan 2012
PDF
Ä 10053697 / 8
20 Dec 2011
Amendment entry In force
20 Dec 2011
PDF
K 10081102 / 3
3 Aug 2011
Commercial pledge entered In force
3 Aug 2011
PDF
Ä 10053697 / 7
7 Jan 2011
Amendment entry In force
7 Jan 2011
PDF
Ä 53697 / 6
3 Dec 2008
Deletion of activities from the registry card In force
10 Dec 2008
PDF
Ä 53697 / 5
25 Apr 2008
Amendment entry In force
25 Apr 2008
PDF
K 81102 / 2
16 Jan 2007
Commercial pledge entered In force
16 Jan 2007
PDF
K 81102 / M1
18 Dec 2006
Ruling to eliminate deficiencies (to be served) In force
28 Dec 2006
PDF
K 81102
28 Jun 2004
Commercial pledge entered In force PDF
Ä 53697 / 4
21 Jun 2004
Amendment entry In force PDF
Ä 53697 / 3
15 Apr 2004
Amendment entry In force PDF
Ä 53697 / 2
15 Mar 2002
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data