FinEst Steel Aktsiaselts

Active Registry code 10793740 AS Saue linn Registered 17 Sep 2001

FinEst Steel Aktsiaselts is a AS based in Saue linn, registry code 10793740, status: active. Main activity: Machining of metals. According to EMTA, turnover for Q3 2026 was €2 765 162 with 38 employees.

Turnover

2 765 162 €

↓ 18.3% vs Q2 2026

State taxes

427 833 €

↓ 16.8% vs Q2 2026

Labour taxes

158 712 €

↑ 3.4% vs Q2 2026

Employees

−2 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 2.8 mn €

above 98% of companies

industry median 54 051 € · companies in the industry: 1 358
Labour taxes per employee 4 177 €

above 90% of companies

industry median 1 944 € · companies in the industry: 1 121
Revenue · 2025 7.1 mn €

above 98% of companies

industry median 71 144 € · companies in the industry: 1 712
Net profit margin · 2025 5.8 %

above 59% of companies

industry median 3.4 % · companies in the industry: 1 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 2 765 162 € · −18.3% vs Q2 2026 · industry median 54 051 € · above 98% of the industry

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: 4 177 € · +8.9% vs Q2 2026 · industry median 1 944 € · above 90% of the industry

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: 38 · −5.0% vs Q2 2026

State taxes, € thousand Q3 2026: 427 833 € · −16.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	2 765 162	427 833	158 712	38
Q2 2026	3 382 622	514 111	153 444	40
Q1 2026	2 828 266	257 874	158 961	38
Q4 2025	2 693 652	455 461	163 292	36
Q3 2025	2 466 808	340 957	157 469	36
Q2 2025	2 733 275	434 296	137 858	34
Q1 2025	2 251 294	334 548	141 395	33
Q4 2024	3 348 631	358 745	123 556	34
Q3 2024	2 638 029	369 901	131 396	35
Q2 2024	2 838 116	363 042	139 487	36
Q1 2024	3 397 514	329 110	142 566	37
Q4 2023	2 938 418	404 438	138 532	36
Q3 2023	3 076 114	392 521	146 875	37
Q2 2023	4 279 700	523 461	145 900	40
Q1 2023	2 971 787	412 205	135 796	37
Q4 2022	4 107 238	460 003	125 383	37
Q3 2022	3 643 859	457 375	137 296	38
Q2 2022	5 646 102	704 721	141 180	41
Q1 2022	3 869 783	491 851	141 619	41

Labour taxes per employee per month

1 392 €

Turnover per employee in the quarter

72 767 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 7 103 745 € · +12.8% vs 2024 · industry median 71 144 € · above 98% of the industry

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: 408 954 € · +262.7% vs 2024 · industry median 904 € · above 98% of the industry

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: 5.8 % · +4.0 pp vs the year before · industry median 3.4 % · above 59% of the industry

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: 6 302 534 € · +3.5% vs 2024

Equity, € thousand 2025: 4 750 268 € · +4.6% vs 2024

Employees 2025: 36 · −2.7% vs 2024 · industry median 3 · above 93% of the industry

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	7 103 745	408 954	1 460 587	6 302 534	4 750 268	36
2024	6 296 337	112 762	1 306 483	6 086 945	4 541 314	37
2023	8 229 988	274 867	1 383 941	5 365 477	4 513 552	39
2022	9 904 050	996 659	1 312 465	5 955 069	4 492 185	40
2021	8 731 961	567 867	1 271 796	5 639 033	3 645 526	40
2020	5 207 260	149 399	1 065 561	4 616 929	3 077 659	39
2019	6 225 161	106 599	1 192 681	4 815 179	2 928 260	44
2018	—	—	—	—	—	45
2017	—	—	—	—	—	44
2016	—	—	—	—	—	41
2015	—	—	—	—	—	39
2014	—	—	—	—	—	38
2013	—	—	—	—	—	30
2012	—	—	—	—	—	29
2011	—	—	—	—	—	28
2010	—	—	—	—	—	23
2009	—	—	—	—	—	20
2008	—	—	—	—	—	25
2007	—	—	—	—	—	21
2006	—	—	—	—	—	17
2005	—	—	—	—	—	13
2004	—	—	—	—	—	13
2003	—	—	—	—	—	16
2002	—	—	—	—	—	26

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

5.5 %

Net profit / revenue

Return on equity (ROE)

8.6 %

Net profit / equity

Return on assets (ROA)

6.5 %

Net profit / assets

Equity ratio

75.4 %

Equity / assets

Debt ratio

24.6 %

Liabilities / assets

Current ratio

2.76

Current assets / current liabilities

Revenue per employee

207 902 €

Revenue / average full-time employees

Labour cost per employee per month

3 381 €

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	29 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	29 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	30 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Jun 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
3	566 502 €	AS LHV Pank	24 Sep 2024 – in force
2	10 000 €	AS LHV Pank	26 Apr 2011 – in force
1	1 150 000 EEK	AS LHV Pank	31 Mar 2003 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Kristjan Kiil
Board member · since 27 Jun 2008
Sander Laide
Board member · since 26 Aug 2019

Right of representation

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

Owners

No owner information.

Beneficial owners

Omanikukonto: THEA RAVEL
Indirect ownership · AUT · since 11 Mar 2025
IVAR PEEDU
Indirect ownership · since 30 Oct 2018

Founders and other persons

Ivar Peedu
Founder · 80 000 € · 17 Sep 2001
Jüri Tümanok
Founder · 20 000 € · 17 Sep 2001
Rein Mesila
Founder · 80 000 € · 17 Sep 2001
AS Saue EPT
Founder · 40 000 € · 17 Sep 2001
IS Team Work AS
Founder · 180 000 € · 17 Sep 2001
Audiitorbüroo Anrison Osaühing
Audit firm · 26 Jul 2021
Ivar Peedu
Chairman of the supervisory board · 3 Oct 2021
Laur Peedu
Supervisory board member · 3 Oct 2021
Raidar Mesila
Supervisory board member · 3 Oct 2021
Omanikukonto: AS SAUE EPT
Shareholder · 22 400 € · 16 Aug 2023
Omanikukonto: IVAR MESILA
Shareholder · 2 800 € · 4 Mar 2025
Omanikukonto: RAIDAR MESILA
Shareholder · 2 800 € · 4 Mar 2025

shared board members, owners or beneficial owners

Activities (EMTAK)

25531Machining of metals Main

Rulings 25

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
K 10060187 / 17 24 Sep 2024	Commercial pledge entered		In force 24 Sep 2024	PDF
K 10060187 / 16 24 Sep 2024	Commercial pledge amended		In force 24 Sep 2024	PDF
Ä 10060187 / M6 8 Oct 2021	Procedural ruling	22 Oct 2021	Deficiencies eliminated 16 Oct 2021	PDF
Ä 10060187 / M5 20 Jul 2021	Procedural ruling	19 Aug 2021	Deficiencies eliminated 26 Jul 2021	PDF
Ä 10060187 / 15 11 Nov 2020	Amendment entry		In force 11 Nov 2020	PDF
Ä 10060187 / 14 26 Aug 2019	Amendment entry		In force 26 Aug 2019	PDF
Ä 10060187 / 13 13 Feb 2018	Amendment entry		In force 13 Feb 2018	PDF
Ä 10060187 / 12 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10060187 / 11 8 Nov 2017	Amendment entry		In force 8 Nov 2017	PDF
Ä 10060187 / 10 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10060187 / 9 21 May 2012	Amendment entry		In force 21 May 2012	PDF
Ä 10060187 / M4 17 Apr 2012	Ruling to eliminate deficiencies	18 May 2012	In force 17 Apr 2012	PDF
Ä 10060187 / 8 1 Jul 2011	Amendment entry		In force 1 Jul 2011	PDF
K 10071594 / 3 26 Apr 2011	Commercial pledge entered		In force 26 Apr 2011	PDF
Ä 60187 / 7 3 Dec 2008	Deletion of activities from the registry card		In force 3 Dec 2008	PDF
Ä 60187 / 6 27 Jun 2008	Amendment entry		In force 27 Jun 2008	PDF
Ä 60187 / M3 13 Jun 2008	Ruling to eliminate deficiencies (to be served)	19 Jul 2008	In force 19 Jun 2008	PDF
K 71594 / 2 10 Jul 2006	Commercial pledge amended		In force 10 Jul 2006	PDF
Ä 60187 / 5 17 Mar 2006	Amendment entry		In force 17 Mar 2006	PDF
Ä 60187 / 4 4 Jan 2006	Amendment entry		Confirmed 4 Jan 2006	PDF
Ä 60187 / 3 9 Jul 2004	Negative entry decision		In force	PDF
Ä 60187 / M2 22 Mar 2004	Ruling to eliminate deficiencies (to be served)		In force	PDF
Ä 60187 / 2 29 Apr 2003	Amendment entry		In force	PDF
K 71594 28 Mar 2003	Commercial pledge entered		In force	PDF
Ä 60187 / M1 21 Feb 2003	Ruling to eliminate deficiencies (to be served)	15 Apr 2003	In force	PDF

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

FinEst Steel Aktsiaselts

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 25