Kühne + Nagel AS

Active Registry code 10890101 AS Tallinn Registered 6 Sep 2002
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Kühne + Nagel AS is a AS based in Tallinn, registry code 10890101, status: active. Main activity: Organising and forwarding freight consignments. According to EMTA, turnover for Q3 2026 was €8 166 567 with 24 employees.

Turnover
8 166 567 €
↓ 12.4% vs Q2 2026
State taxes
0 €
↓ 100.0% vs Q2 2026
Labour taxes
120 610 €
↓ 23.7% vs Q2 2026
Employees
24
±0 vs Q2 2026

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

Position in the industry Warehousing, storage and support activities for transportation · EMTAK 52

  • Turnover · Q3 2026 8.2 mn €
    industry median 38 439 € · companies in the industry: 1 299
  • Labour taxes per employee 5 025 €
    industry median 1 714 € · companies in the industry: 884
  • Revenue · 2025 20.8 mn €
    industry median 36 293 € · companies in the industry: 2 027
  • Net profit margin · 2025 1.6 %
    industry median 2.9 % · companies in the industry: 1 539

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 8 166 567 € · −12.4% vs Q2 2026 · industry median 38 439 € · above 98% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 4 895 065 € Industry median: 43 017 €Q4·23Q1 2024 Company: 5 404 425 € Industry median: 39 730 €Q2 2024 Company: 6 805 904 € Industry median: 42 377 €Q2·24Q3 2024 Company: 5 701 390 € Industry median: 43 191 €Q4 2024 Company: 7 693 362 € Industry median: 43 044 €Q4·24Q1 2025 Company: 6 596 270 € Industry median: 38 591 €Q2 2025 Company: 7 124 270 € Industry median: 39 388 €Q2·25Q3 2025 Company: 6 795 717 € Industry median: 38 108 €Q4 2025 Company: 6 511 139 € Industry median: 36 775 €Q4·25Q1 2026 Company: 6 723 804 € Industry median: 31 616 €Q2 2026 Company: 9 319 698 € Industry median: 38 825 €Q2·26Q3 2026 Company: 8 166 567 € Industry median: 38 439 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 7 693 362 € Industry median: 43 044 €Q1 2025 Company: 6 596 270 € Industry median: 38 591 €Q1·25Q2 2025 Company: 7 124 270 € Industry median: 39 388 €Q3 2025 Company: 6 795 717 € Industry median: 38 108 €Q3·25Q4 2025 Company: 6 511 139 € Industry median: 36 775 €Q1 2026 Company: 6 723 804 € Industry median: 31 616 €Q1·26Q2 2026 Company: 9 319 698 € Industry median: 38 825 €Q3 2026 Company: 8 166 567 € Industry median: 38 439 €Q3·26
  • Company
  • Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 025 € · −23.7% vs Q2 2026 · industry median 1 714 € · above 90% of the industry
02 0004 0006 0008 000Q4 2023 Company: 4 692 € Industry median: 1 553 €Q4·23Q1 2024 Company: 4 876 € Industry median: 1 665 €Q2 2024 Company: 7 395 € Industry median: 1 643 €Q2·24Q3 2024 Company: 5 604 € Industry median: 1 681 €Q4 2024 Company: 4 688 € Industry median: 1 663 €Q4·24Q1 2025 Company: 5 721 € Industry median: 1 829 €Q2 2025 Company: 6 321 € Industry median: 1 693 €Q2·25Q3 2025 Company: 4 969 € Industry median: 1 747 €Q4 2025 Company: 4 859 € Industry median: 1 706 €Q4·25Q1 2026 Company: 4 742 € Industry median: 1 665 €Q2 2026 Company: 6 590 € Industry median: 1 577 €Q2·26Q3 2026 Company: 5 025 € Industry median: 1 714 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 4 688 € Industry median: 1 663 €Q1 2025 Company: 5 721 € Industry median: 1 829 €Q1·25Q2 2025 Company: 6 321 € Industry median: 1 693 €Q3 2025 Company: 4 969 € Industry median: 1 747 €Q3·25Q4 2025 Company: 4 859 € Industry median: 1 706 €Q1 2026 Company: 4 742 € Industry median: 1 665 €Q1·26Q2 2026 Company: 6 590 € Industry median: 1 577 €Q3 2026 Company: 5 025 € Industry median: 1 714 €Q3·26
  • Company
  • Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 24 · +0.0% vs Q2 2026
0510152025Q4 2023 Company: 24Q4·23Q1 2024 Company: 24Q2 2024 Company: 24Q2·24Q3 2024 Company: 23Q4 2024 Company: 22Q4·24Q1 2025 Company: 21Q2 2025 Company: 24Q2·25Q3 2025 Company: 23Q4 2025 Company: 23Q4·25Q1 2026 Company: 22Q2 2026 Company: 24Q2·26Q3 2026 Company: 24Q3·260510152025Q4 2024 Company: 22Q1 2025 Company: 21Q1·25Q2 2025 Company: 24Q3 2025 Company: 23Q3·25Q4 2025 Company: 23Q1 2026 Company: 22Q1·26Q2 2026 Company: 24Q3 2026 Company: 24Q3·26
State taxes, € thousand Q3 2026: 0 € · −100.0% vs Q2 2026
0200400600Q4 2023 Company: 240 479 €Q4·23Q1 2024 Company: 408 555 €Q2 2024 Company: 513 704 €Q2·24Q3 2024 Company: 195 389 €Q4 2024 Company: 398 704 €Q4·24Q1 2025 Company: 440 377 €Q2 2025 Company: 113 032 €Q2·25Q3 2025 Company: 177 129 €Q4 2025 Company: 161 497 €Q4·25Q1 2026 Company: 307 149 €Q2 2026 Company: 58 290 €Q2·26Q3 2026 Company: 0 €Q3·260100200300400500Q4 2024 Company: 398 704 €Q1 2025 Company: 440 377 €Q1·25Q2 2025 Company: 113 032 €Q3 2025 Company: 177 129 €Q3·25Q4 2025 Company: 161 497 €Q1 2026 Company: 307 149 €Q1·26Q2 2026 Company: 58 290 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 8 166 567 — 120 610 24
Q2 2026 9 319 698 58 290 158 160 24
Q1 2026 6 723 804 307 149 104 318 22
Q4 2025 6 511 139 161 497 111 753 23
Q3 2025 6 795 717 177 129 114 280 23
Q2 2025 7 124 270 113 032 151 705 24
Q1 2025 6 596 270 440 377 120 143 21
Q4 2024 7 693 362 398 704 103 130 22
Q3 2024 5 701 390 195 389 128 901 23
Q2 2024 6 805 904 513 704 177 471 24
Q1 2024 5 404 425 408 555 117 035 24
Q4 2023 4 895 065 240 479 112 619 24
Q3 2023 3 837 695 839 426 130 464 23
Q2 2023 5 040 711 607 631 202 314 23
Q1 2023 5 562 286 422 982 112 235 23
Q4 2022 8 711 018 660 111 123 541 23
Q3 2022 11 102 929 1 209 174 111 860 22
Q2 2022 11 431 273 707 478 196 615 24
Q1 2022 13 028 456 774 648 114 015 25
Labour taxes per employee per month
1 675 €
Turnover per employee in the quarter
340 274 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 20 786 000 € · −1.5% vs 2024 · industry median 36 293 € · above 98% of the industry
010 00020 00030 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 15 431 000 € Industry median: 60 551 €20192020 Company: 19 102 000 € Industry median: 45 642 €20202021 Company: 31 588 000 € Industry median: 47 198 €20212022 Company: 37 295 000 € Industry median: 51 350 €20222023 Company: 16 208 000 € Industry median: 39 956 €20232024 Company: 21 113 000 € Industry median: 37 221 €20242025 Company: 20 786 000 € Industry median: 36 293 €2025010 00020 00030 00040 0002018 Company: — Industry median: —2019 Company: 15 431 000 € Industry median: 60 551 €20192020 Company: 19 102 000 € Industry median: 45 642 €2021 Company: 31 588 000 € Industry median: 47 198 €20212022 Company: 37 295 000 € Industry median: 51 350 €2023 Company: 16 208 000 € Industry median: 39 956 €20232024 Company: 21 113 000 € Industry median: 37 221 €2025 Company: 20 786 000 € Industry median: 36 293 €2025
  • Company
  • Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 328 000 € · +37.2% vs 2024 · industry median 123 € · above 98% of the industry
05001 0001 5002 0002 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 287 000 € Industry median: 1 081 €20192020 Company: 125 000 € Industry median: 692 €20202021 Company: 1 965 000 € Industry median: 1 330 €20212022 Company: 2 218 000 € Industry median: 1 182 €20222023 Company: 44 000 € Industry median: 282 €20232024 Company: 239 000 € Industry median: 45 €20242025 Company: 328 000 € Industry median: 123 €202505001 0001 5002 0002 5002018 Company: — Industry median: —2019 Company: 287 000 € Industry median: 1 081 €20192020 Company: 125 000 € Industry median: 692 €2021 Company: 1 965 000 € Industry median: 1 330 €20212022 Company: 2 218 000 € Industry median: 1 182 €2023 Company: 44 000 € Industry median: 282 €20232024 Company: 239 000 € Industry median: 45 €2025 Company: 328 000 € Industry median: 123 €2025
  • Company
  • Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 1.6 % · +0.4 pp vs the year before · industry median 2.9 % · above 43% of the industry
024682016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1.9 % Industry median: 3.6 %20192020 Company: 0.7 % Industry median: 4.1 %20202021 Company: 6.2 % Industry median: 4.8 %20212022 Company: 5.9 % Industry median: 5.4 %20222023 Company: 0.3 % Industry median: 3.9 %20232024 Company: 1.1 % Industry median: 3.2 %20242025 Company: 1.6 % Industry median: 2.9 %2025024682018 Company: — Industry median: —2019 Company: 1.9 % Industry median: 3.6 %20192020 Company: 0.7 % Industry median: 4.1 %2021 Company: 6.2 % Industry median: 4.8 %20212022 Company: 5.9 % Industry median: 5.4 %2023 Company: 0.3 % Industry median: 3.9 %20232024 Company: 1.1 % Industry median: 3.2 %2025 Company: 1.6 % Industry median: 2.9 %2025
  • Company
  • Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 2 435 000 € · −1.4% vs 2024
02 0004 0006 0008 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 2 082 000 €20192020 Company: 2 010 000 €20202021 Company: 7 215 000 €20212022 Company: 5 103 000 €20222023 Company: 2 573 000 €20232024 Company: 2 469 000 €20242025 Company: 2 435 000 €202502 0004 0006 0008 0002018 Company: —2019 Company: 2 082 000 €20192020 Company: 2 010 000 €2021 Company: 7 215 000 €20212022 Company: 5 103 000 €2023 Company: 2 573 000 €20232024 Company: 2 469 000 €2025 Company: 2 435 000 €2025
Equity, € thousand 2025: 358 000 € · +32.6% vs 2024
05001 0001 5002 0002 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 519 000 €20192020 Company: 357 000 €20202021 Company: 2 197 000 €20212022 Company: 2 450 000 €20222023 Company: 299 000 €20232024 Company: 270 000 €20242025 Company: 358 000 €202505001 0001 5002 0002 5002018 Company: —2019 Company: 519 000 €20192020 Company: 357 000 €2021 Company: 2 197 000 €20212022 Company: 2 450 000 €2023 Company: 299 000 €20232024 Company: 270 000 €2025 Company: 358 000 €2025
Employees 2025: 23 · +0.0% vs 2024 · industry median 2 · above 93% of the industry
01002003002016 Company: 300 Industry median: —20162017 Company: 262 Industry median: —20172018 Company: 29 Industry median: 220182019 Company: 26 Industry median: 220192020 Company: 26 Industry median: 220202021 Company: 24 Industry median: 220212022 Company: 24 Industry median: 220222023 Company: 24 Industry median: 220232024 Company: 23 Industry median: 220242025 Company: 23 Industry median: 2202501020302018 Company: 29 Industry median: 22019 Company: 26 Industry median: 220192020 Company: 26 Industry median: 22021 Company: 24 Industry median: 220212022 Company: 24 Industry median: 22023 Company: 24 Industry median: 220232024 Company: 23 Industry median: 22025 Company: 23 Industry median: 22025
  • Company
  • Industry median

Industry: Warehousing, storage and support activities for transportation (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 20 786 000 328 000 1 112 000 2 435 000 358 000 23
2024 21 113 000 239 000 1 155 000 2 469 000 270 000 23
2023 16 208 000 44 000 1 086 000 2 573 000 299 000 24
2022 37 295 000 2 218 000 1 354 000 5 103 000 2 450 000 24
2021 31 588 000 1 965 000 1 145 000 7 215 000 2 197 000 24
2020 19 102 000 125 000 1 066 000 2 010 000 357 000 26
2019 15 431 000 287 000 1 022 000 2 082 000 519 000 26
2018 — — — — — 29
2017 — — — — — 262
2016 — — — — — 300
2015 — — — — — 267
2014 — — — — — 190
2013 — — — — — 110
2012 — — — — — 44
2011 — — — — — 28
2010 — — — — — 25
2009 — — — — — 23
2008 — — — — — 40
2007 — — — — — 64
2006 — — — — — 38
2004 — — — — — 0
2003 — — — — — 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
1.6 %
Net profit / revenue
Return on equity (ROE)
91.6 %
Net profit / equity
Return on assets (ROA)
13.5 %
Net profit / assets
Equity ratio
14.7 %
Equity / assets
Debt ratio
85.3 %
Liabilities / assets
Current ratio
1.13
Current assets / current liabilities
Revenue per employee
903 739 €
Revenue / average full-time employees
Labour cost per employee per month
4 029 €
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 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 2 Jul 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 6 Jul 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 28 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 16 Jun 2020 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Anti Anton
    Board member · since 25 Jul 2024
  • Hanna Erika Korvenpää
    Board member · since 25 Jul 2024

Right of representation

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

Owners

No owner information.

Beneficial owners

  • Klaus-Michael Kühne
    Over 50% of voting rights in the consolidated entity · CHE · since 4 Sep 2018

Founders and other persons

  • Kühne & Nagel Beteiligungs Aktiengesellschaft
    Founder · 800 000 € · 6 Sep 2002
  • KPMG Baltics OÜ
    Audit firm · 26 Jun 2025
  • Helgi Örn Ingólfsson
    Chairman of the supervisory board · 17 Apr 2024
  • Eeva-Johanna Levänen
    Supervisory board member · 17 Apr 2024
  • Serhii Sokurenko
    Supervisory board member · 17 Apr 2024
  • Omanikukonto: KUEHNE & NAGEL INVESTMENT AB
    Shareholder · 25 560 € · 16 Aug 2023
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 52261Organising and forwarding freight consignments Main
Rulings
Number, date Title Deadline State Document
Ä 10067182 / M11
19 Jun 2025
Ruling to correct data outside an entry 29 Jun 2025 Deficiencies eliminated
26 Jun 2025
PDF
Ä 10067182 / 33
18 Feb 2025
Amendment entry In force
18 Feb 2025
PDF
Ä 10067182 / 32
25 Jul 2024
Amendment entry In force
25 Jul 2024
PDF
Ä 10067182 / M10
5 Jun 2024
Ruling to eliminate deficiencies 6 Jul 2024 Deficiencies eliminated
25 Jul 2024
PDF
Ä 10067182 / 31
14 May 2019
Amendment entry In force
14 May 2019
PDF
Ä 10067182 / M9
10 May 2018
Ruling to correct data outside an entry 20 May 2018 Deficiencies eliminated
15 May 2018
PDF
Ä 10067182 / 30
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10067182 / 29
8 Nov 2017
Amendment entry In force
8 Nov 2017
PDF
Ä 10067182 / 28
18 Oct 2017
Amendment entry In force
18 Oct 2017
PDF
Ä 10067182 / 27
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10067182 / 26
19 Sep 2017
Division entry (second, constitutive) In force
19 Sep 2017
PDF
Ä 10067182 / 25
3 Jul 2017
Amendment entry In force
3 Jul 2017
PDF
Ä 10067182 / M8
7 Jun 2017
Ruling to eliminate deficiencies 7 Jul 2017 Deficiencies eliminated
13 Jun 2017
PDF
Ä 10067182 / 24
15 May 2017
Amendment entry In force
15 May 2017
PDF
Ä 10067182 / 23
28 Oct 2016
Amendment entry In force
28 Oct 2016
PDF
Ä 10067182 / M7
9 Sep 2016
Ruling to correct data outside an entry 29 Sep 2016 Deficiencies eliminated
14 Sep 2016
PDF
Ä 10067182 / 22
31 Aug 2016
Amendment entry In force
31 Aug 2016
PDF
Ä 10067182 / M6
15 Jun 2016
Ruling to eliminate deficiencies 22 Jun 2016 Deficiencies eliminated
15 Jun 2016
PDF
Ä 10067182 / 21
15 Jun 2016
Amendment entry In force
15 Jun 2016
PDF
Ä 10067182 / 20
21 Sep 2015
Amendment entry In force
21 Sep 2015
PDF
Ä 10067182 / 19
7 Sep 2015
Amendment entry In force
7 Sep 2015
PDF
Ä 10067182 / 18
8 Jun 2015
Amendment entry In force
8 Jun 2015
PDF
Ä 10067182 / 17
4 Jun 2015
Amendment entry In force
4 Jun 2015
PDF
Ä 10067182 / 16
21 Oct 2014
Amendment entry In force
21 Oct 2014
PDF
Ä 10067182 / 15
3 Jul 2014
Amendment entry In force
3 Jul 2014
PDF
Ä 10067182 / 14
14 Oct 2013
Amendment entry In force
14 Oct 2013
PDF
Ä 10067182 / 13
15 Dec 2011
Amendment entry In force
15 Dec 2011
PDF
Ä 10067182 / 12
30 Aug 2011
Amendment entry In force
30 Aug 2011
PDF
Ä 10067182 / 11
24 Nov 2010
Amendment entry In force
24 Nov 2010
PDF
Ä 10067182 / 10
10 Nov 2010
Amendment entry In force
10 Nov 2010
PDF
Ä 10067182 / 9
2 Jul 2010
Amendment entry In force
2 Jul 2010
PDF
Ä 10067182 / M5
18 Jun 2010
Ruling to eliminate deficiencies In force
18 Jun 2010
PDF
Ä 67182 / 8
19 Feb 2009
Entry made by the register on its own initiative In force
19 Feb 2009
PDF
Ä 67182 / 7
18 Feb 2009
Amendment entry In force
18 Feb 2009
PDF
Ä 67182 / M4
10 Feb 2009
Ruling to eliminate deficiencies In force
10 Feb 2009
PDF
Ä 67182 / 6
29 Dec 2008
Entry refused: deficiencies not eliminated In force
31 Dec 2008
PDF
Ä 67182 / 5
3 Dec 2008
Deletion of activities from the registry card In force
29 Dec 2008
PDF
Ä 67182 / 4
16 Jul 2007
Amendment entry In force
16 Jul 2007
PDF
Ä 67182 / M3
3 Jul 2007
Ruling to eliminate deficiencies (to be served) In force
6 Jul 2007
PDF
Ä 67182 / 3
26 Jul 2006
Transformation entry without a new registry card In force
26 Jul 2006
PDF
Ä 67182 / M2
30 Jun 2006
Ruling to eliminate deficiencies (to be served) Deficiencies eliminated
3 Jul 2006
PDF
Ä 67182 / 2
7 May 2004
Amendment entry In force PDF
Ä 67182
6 Sep 2002
First entry In force PDF
Ä 67182 / M1
27 Aug 2002
Ruling to eliminate deficiencies (to be served) In force PDF

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