Aktsiaselts Farmi Piimatööstus

Active Registry code 10928619 AS Jõhvi linn Registered 11 Jul 2003
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Aktsiaselts Farmi Piimatööstus is a AS based in Jõhvi linn, registry code 10928619, status: active. Main activity: Manufacture of dairy products. According to EMTA, turnover for Q3 2026 was €11 008 198 with 193 employees.

Turnover
11 008 198 €
↓ 4.1% vs Q2 2026
State taxes
1 111 714 €
↓ 7.7% vs Q2 2026
Labour taxes
410 673 €
↑ 1.0% vs Q2 2026
Employees
193
+12 vs Q2 2026

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

Position in the industry Manufacture of food products · EMTAK 10

  • Turnover · Q3 2026 11 mn €
    industry median 45 078 € · companies in the industry: 614
  • Labour taxes per employee 2 128 €
    industry median 1 325 € · companies in the industry: 551
  • Revenue · 2025 34.6 mn €
    industry median 18 772 € · companies in the industry: 1 075
  • Net profit margin · 2025 5.6 %
    industry median 2.1 % · companies in the industry: 817

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 11 008 198 € · −4.1% vs Q2 2026 · industry median 45 078 € · above 98% of the industry
05 00010 00015 00020 00025 000Q4 2023 Company: 19 744 218 € Industry median: 54 156 €Q4·23Q1 2024 Company: 20 059 860 € Industry median: 49 728 €Q2 2024 Company: 19 892 865 € Industry median: 55 467 €Q2·24Q3 2024 Company: 17 015 133 € Industry median: 52 453 €Q4 2024 Company: 13 180 235 € Industry median: 55 699 €Q4·24Q1 2025 Company: 11 385 251 € Industry median: 45 267 €Q2 2025 Company: 10 844 577 € Industry median: 45 781 €Q2·25Q3 2025 Company: 10 368 435 € Industry median: 42 511 €Q4 2025 Company: 10 589 242 € Industry median: 43 779 €Q4·25Q1 2026 Company: 10 669 691 € Industry median: 42 208 €Q2 2026 Company: 11 473 171 € Industry median: 43 291 €Q2·26Q3 2026 Company: 11 008 198 € Industry median: 45 078 €Q3·2605 00010 00015 000Q4 2024 Company: 13 180 235 € Industry median: 55 699 €Q1 2025 Company: 11 385 251 € Industry median: 45 267 €Q1·25Q2 2025 Company: 10 844 577 € Industry median: 45 781 €Q3 2025 Company: 10 368 435 € Industry median: 42 511 €Q3·25Q4 2025 Company: 10 589 242 € Industry median: 43 779 €Q1 2026 Company: 10 669 691 € Industry median: 42 208 €Q1·26Q2 2026 Company: 11 473 171 € Industry median: 43 291 €Q3 2026 Company: 11 008 198 € Industry median: 45 078 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 128 € · −5.2% vs Q2 2026 · industry median 1 325 € · above 72% of the industry
01 0002 0003 000Q4 2023 Company: 1 970 € Industry median: 1 130 €Q4·23Q1 2024 Company: 2 184 € Industry median: 1 255 €Q2 2024 Company: 2 062 € Industry median: 1 151 €Q2·24Q3 2024 Company: 2 579 € Industry median: 1 235 €Q4 2024 Company: 2 193 € Industry median: 1 242 €Q4·24Q1 2025 Company: 2 487 € Industry median: 1 334 €Q2 2025 Company: 2 280 € Industry median: 1 237 €Q2·25Q3 2025 Company: 2 360 € Industry median: 1 349 €Q4 2025 Company: 2 170 € Industry median: 1 355 €Q4·25Q1 2026 Company: 2 178 € Industry median: 1 278 €Q2 2026 Company: 2 246 € Industry median: 1 307 €Q2·26Q3 2026 Company: 2 128 € Industry median: 1 325 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 2 193 € Industry median: 1 242 €Q1 2025 Company: 2 487 € Industry median: 1 334 €Q1·25Q2 2025 Company: 2 280 € Industry median: 1 237 €Q3 2025 Company: 2 360 € Industry median: 1 349 €Q3·25Q4 2025 Company: 2 170 € Industry median: 1 355 €Q1 2026 Company: 2 178 € Industry median: 1 278 €Q1·26Q2 2026 Company: 2 246 € Industry median: 1 307 €Q3 2026 Company: 2 128 € Industry median: 1 325 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 193 · +6.6% vs Q2 2026
050100150200Q4 2023 Company: 187Q4·23Q1 2024 Company: 184Q2 2024 Company: 188Q2·24Q3 2024 Company: 167Q4 2024 Company: 166Q4·24Q1 2025 Company: 162Q2 2025 Company: 169Q2·25Q3 2025 Company: 177Q4 2025 Company: 179Q4·25Q1 2026 Company: 185Q2 2026 Company: 181Q2·26Q3 2026 Company: 193Q3·26050100150200Q4 2024 Company: 166Q1 2025 Company: 162Q1·25Q2 2025 Company: 169Q3 2025 Company: 177Q3·25Q4 2025 Company: 179Q1 2026 Company: 185Q1·26Q2 2026 Company: 181Q3 2026 Company: 193Q3·26
State taxes, € thousand Q3 2026: 1 111 714 € · −7.7% vs Q2 2026
02505007501 0001 250Q4 2023 Company: 375 726 €Q4·23Q1 2024 Company: 421 579 €Q2 2024 Company: 412 267 €Q2·24Q3 2024 Company: 696 179 €Q4 2024 Company: 1 027 579 €Q4·24Q1 2025 Company: 1 047 193 €Q2 2025 Company: 1 051 649 €Q2·25Q3 2025 Company: 1 016 640 €Q4 2025 Company: 985 056 €Q4·25Q1 2026 Company: 1 124 864 €Q2 2026 Company: 1 203 890 €Q2·26Q3 2026 Company: 1 111 714 €Q3·2602505007501 0001 250Q4 2024 Company: 1 027 579 €Q1 2025 Company: 1 047 193 €Q1·25Q2 2025 Company: 1 051 649 €Q3 2025 Company: 1 016 640 €Q3·25Q4 2025 Company: 985 056 €Q1 2026 Company: 1 124 864 €Q1·26Q2 2026 Company: 1 203 890 €Q3 2026 Company: 1 111 714 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 11 008 198 1 111 714 410 673 193
Q2 2026 11 473 171 1 203 890 406 443 181
Q1 2026 10 669 691 1 124 864 402 944 185
Q4 2025 10 589 242 985 056 388 406 179
Q3 2025 10 368 435 1 016 640 417 670 177
Q2 2025 10 844 577 1 051 649 385 389 169
Q1 2025 11 385 251 1 047 193 402 957 162
Q4 2024 13 180 235 1 027 579 364 069 166
Q3 2024 17 015 133 696 179 430 686 167
Q2 2024 19 892 865 412 267 387 668 188
Q1 2024 20 059 860 421 579 401 773 184
Q4 2023 19 744 218 375 726 368 393 187
Q3 2023 20 191 760 338 413 352 427 185
Q2 2023 20 833 408 306 715 325 463 196
Q1 2023 21 996 180 248 739 343 024 192
Q4 2022 19 772 490 318 646 336 704 186
Q3 2022 20 291 234 365 201 386 114 194
Q2 2022 19 118 823 372 962 393 608 201
Q1 2022 17 017 323 378 507 361 131 198
Labour taxes per employee per month
709 €
Turnover per employee in the quarter
57 037 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, mn € 2025: 34 587 942 € · −39.8% vs 2024 · industry median 18 772 € · above 98% of the industry
02550751001252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 109 435 709 € Industry median: 30 835 €20192020 Company: 49 243 923 € Industry median: 25 856 €20202021 Company: 53 100 223 € Industry median: 27 831 €20212022 Company: 66 008 161 € Industry median: 27 183 €20222023 Company: 71 975 661 € Industry median: 25 465 €20232024 Company: 57 448 392 € Industry median: 20 780 €20242025 Company: 34 587 942 € Industry median: 18 772 €202502550751001252018 Company: — Industry median: —2019 Company: 109 435 709 € Industry median: 30 835 €20192020 Company: 49 243 923 € Industry median: 25 856 €2021 Company: 53 100 223 € Industry median: 27 831 €20212022 Company: 66 008 161 € Industry median: 27 183 €2023 Company: 71 975 661 € Industry median: 25 465 €20232024 Company: 57 448 392 € Industry median: 20 780 €2025 Company: 34 587 942 € Industry median: 18 772 €2025
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 1 937 390 € · +141.6% vs 2024 · industry median 37 € · above 98% of the industry
-4 000-2 00002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 589 €20192020 Company: — Industry median: 313 €20202021 Company: -1 020 272 € Industry median: 539 €20212022 Company: -3 737 843 € Industry median: 195 €20222023 Company: 520 111 € Industry median: 144 €20232024 Company: 801 777 € Industry median: 84 €20242025 Company: 1 937 390 € Industry median: 37 €2025-4 000-2 00002 0002018 Company: — Industry median: —2019 Company: — Industry median: 589 €20192020 Company: — Industry median: 313 €2021 Company: -1 020 272 € Industry median: 539 €20212022 Company: -3 737 843 € Industry median: 195 €2023 Company: 520 111 € Industry median: 144 €20232024 Company: 801 777 € Industry median: 84 €2025 Company: 1 937 390 € Industry median: 37 €2025
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 5.6 % · +4.2 pp vs the year before · industry median 2.1 % · above 64% of the industry
-8-5-303582016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 3.6 %20192020 Company: — Industry median: 3.3 %20202021 Company: -1.9 % Industry median: 3.8 %20212022 Company: -5.7 % Industry median: 2.8 %20222023 Company: 0.7 % Industry median: 2.8 %20232024 Company: 1.4 % Industry median: 2.3 %20242025 Company: 5.6 % Industry median: 2.1 %2025-8-5-303582018 Company: — Industry median: —2019 Company: — Industry median: 3.6 %20192020 Company: — Industry median: 3.3 %2021 Company: -1.9 % Industry median: 3.8 %20212022 Company: -5.7 % Industry median: 2.8 %2023 Company: 0.7 % Industry median: 2.8 %20232024 Company: 1.4 % Industry median: 2.3 %2025 Company: 5.6 % Industry median: 2.1 %2025
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 39 740 913 € · −4.2% vs 2024
020 00040 00060 00080 000100 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 80 255 402 €20192020 Company: 50 941 132 €20202021 Company: 48 584 171 €20212022 Company: 50 439 370 €20222023 Company: 47 036 598 €20232024 Company: 41 500 409 €20242025 Company: 39 740 913 €2025020 00040 00060 00080 000100 0002018 Company: —2019 Company: 80 255 402 €20192020 Company: 50 941 132 €2021 Company: 48 584 171 €20212022 Company: 50 439 370 €2023 Company: 47 036 598 €20232024 Company: 41 500 409 €2025 Company: 39 740 913 €2025
Equity, € thousand 2025: 21 328 200 € · +10.0% vs 2024
05 00010 00015 00020 00025 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: —20192020 Company: —20202021 Company: 16 307 275 €20212022 Company: 12 569 432 €20222023 Company: 18 589 033 €20232024 Company: 19 390 810 €20242025 Company: 21 328 200 €202505 00010 00015 00020 00025 0002018 Company: —2019 Company: —20192020 Company: —2021 Company: 16 307 275 €20212022 Company: 12 569 432 €2023 Company: 18 589 033 €20232024 Company: 19 390 810 €2025 Company: 21 328 200 €2025
Employees 2025: 169 · −5.6% vs 2024 · industry median 3 · above 98% of the industry
02004006002016 Company: 209 Industry median: —20162017 Company: 217 Industry median: —20172018 Company: 562 Industry median: 420182019 Company: 570 Industry median: 420192020 Company: 190 Industry median: 420202021 Company: 208 Industry median: 320212022 Company: 203 Industry median: 320222023 Company: 191 Industry median: 320232024 Company: 179 Industry median: 320242025 Company: 169 Industry median: 3202502004006002018 Company: 562 Industry median: 42019 Company: 570 Industry median: 420192020 Company: 190 Industry median: 42021 Company: 208 Industry median: 320212022 Company: 203 Industry median: 32023 Company: 191 Industry median: 320232024 Company: 179 Industry median: 32025 Company: 169 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of food products (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 34 587 942 1 937 390 4 143 723 39 740 913 21 328 200 169
2024 57 448 392 801 777 4 145 479 41 500 409 19 390 810 179
2023 71 975 661 520 111 3 903 787 47 036 598 18 589 033 191
2022 66 008 161 -3 737 843 3 934 100 50 439 370 12 569 432 203
2021 53 100 223 -1 020 272 3 865 143 48 584 171 16 307 275 208
2020 49 243 923 — — 50 941 132 — 190
2019 109 435 709 — — 80 255 402 — 570
2018 — — — — — 562
2017 — — — — — 217
2016 — — — — — 209
2015 — — — — — 201
2014 — — — — — 197
2013 — — — — — 192
2012 — — — — — 202
2011 — — — — — 220
2010 — — — — — 255
2009 — — — — — 0
2008 — — — — — 237
2007 — — — — — 122
2006 — — — — — 123
2005 — — — — — 110
2004 — — — — — 61
2003 — — — — — 64

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
5.2 %
Net profit / revenue
Return on equity (ROE)
9.1 %
Net profit / equity
Return on assets (ROA)
4.9 %
Net profit / assets
Equity ratio
53.7 %
Equity / assets
Debt ratio
46.3 %
Liabilities / assets
Current ratio
0.77
Current assets / current liabilities
Revenue per employee
221 943 €
Revenue / average full-time employees
Labour cost per employee per month
2 043 €
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 1 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 19 Jun 2023 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 1 Jul 2024 Consolidated · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 1 Oct 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
7 33 879 000 EEK Swedbank AS 28 Oct 2010 – in force
6 31 610 000 EEK Swedbank AS 10 Aug 2009 – in force
5 500 000 EEK Swedbank AS 10 Aug 2009 – in force
4 3 500 000 EEK Swedbank AS 10 Aug 2009 – in force
3 4 390 000 EEK Swedbank AS 10 Aug 2009 – in force
2 17 000 000 EEK Swedbank AS 16 Nov 2007 – in force
1 3 000 000 EEK Swedbank AS 29 Oct 2003 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Silver Kaur
    Board member · since 10 Mar 2025

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)

  • 1051Manufacture of dairy products Main
Rulings
Number, date Title Deadline State Document
Ä 40015172 / M14
23 Sep 2026
Procedural ruling In force
23 Sep 2026
PDF
Ä 40015172 / 21
10 Mar 2025
Amendment entry In force
10 Mar 2025
PDF
Ä 40015172 / 20
19 Dec 2023
Amendment entry In force
19 Dec 2023
PDF
Ä 40015172 / M13
20 Sep 2023
Ruling to be served 6 Oct 2023 Contested
5 Oct 2023
PDF
Ä 40015172 / 19
23 Sep 2019
Amendment entry In force
23 Sep 2019
PDF
Ä 40015172 / M12
20 Sep 2019
Ruling to be served In force
23 Sep 2019
PDF
Ä 40015172 / M11
29 May 2019
Refund of the state fee In force
29 May 2019
PDF
Ä 40015172 / 18
22 May 2019
Amendment entry In force
22 May 2019
PDF
Ä 40015172 / M10
31 Aug 2018
Ruling to be served 4 Mar 2019 In force
18 Sep 2018
PDF
Ä 40015172 / 17
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 40015172 / 16
5 Dec 2017
Amendment entry In force
5 Dec 2017
PDF
Ä 40015172 / 15
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 40015172 / 14
18 Sep 2017
Amendment entry In force
18 Sep 2017
PDF
Ä 40015172 / 13
11 Jul 2017
Amendment entry In force
11 Jul 2017
PDF
Ä 40015172 / 12
13 Jan 2015
Amendment entry In force
13 Jan 2015
PDF
Ä 40015172 / 11
4 Jun 2012
Amendment entry In force
4 Jun 2012
PDF
Ä 40015172 / M9
29 May 2012
Ruling to eliminate deficiencies 25 Sep 2012 In force
29 May 2012
PDF
Ä 40015172 / 10
31 Oct 2011
Amendment entry In force
31 Oct 2011
PDF
Ä 40015172 / M8
25 Aug 2011
Ruling to eliminate deficiencies 30 Sep 2011 In force
25 Aug 2011
PDF
K 40015545 / 9
28 Oct 2010
Commercial pledge amended In force
28 Oct 2010
PDF
K 40015545 / 15
28 Oct 2010
Commercial pledge entered In force
28 Oct 2010
PDF
K 40015545 / 14
28 Oct 2010
Commercial pledge amended In force
28 Oct 2010
PDF
K 40015545 / 13
28 Oct 2010
Commercial pledge amended In force
28 Oct 2010
PDF
K 40015545 / 12
28 Oct 2010
Commercial pledge amended In force
28 Oct 2010
PDF
K 40015545 / 11
28 Oct 2010
Commercial pledge amended In force
28 Oct 2010
PDF
K 40015545 / 10
28 Oct 2010
Commercial pledge amended In force
28 Oct 2010
PDF
Ä 40015172 / M7
5 May 2010
Ruling to be served 3 Aug 2010 In force
5 May 2010
PDF
Ä 15172 / 9
10 Aug 2009
Second (constitutive) merger entry In force
10 Aug 2009
PDF
K 15545 / 8
10 Aug 2009
Compliance with Commercial Code § 33 (7.1) In force
10 Aug 2009
PDF
K 15545 / 7
10 Aug 2009
Compliance with Commercial Code § 33 (7.1) In force
10 Aug 2009
PDF
K 15545 / 6
10 Aug 2009
Compliance with Commercial Code § 33 (7.1) In force
10 Aug 2009
PDF
K 15545 / 5
10 Aug 2009
Compliance with Commercial Code § 33 (7.1) In force
10 Aug 2009
PDF
Ä 15172 / M6
21 Jul 2009
Ruling to be served 19 Oct 2009 In force
21 Jul 2009
PDF
Ä 15172 / 8
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
Ä 15172 / M5
28 Nov 2008
Ruling to be served 3 Mar 2009 In force
3 Dec 2008
PDF
Ä 15172 / 7
19 May 2008
Amendment entry In force
19 May 2008
PDF
Ä 15172 / 6
10 Apr 2008
Amendment entry In force
10 Apr 2008
PDF
Ä 15172 / M4
29 Feb 2008
Ruling to eliminate deficiencies (to be served) 2 Jun 2008 In force
4 Mar 2008
PDF
K 15545 / 4
16 Nov 2007
Commercial pledge entered In force
16 Nov 2007
PDF
Ä 15172 / 5
19 Sep 2007
Amendment entry In force
19 Sep 2007
PDF
Ä 15172 / 4
30 Aug 2006
Entry refused: deficiencies not eliminated In force
1 Sep 2006
PDF
Ä 15172 / 3
8 Mar 2006
Amendment entry In force
8 Mar 2006
PDF
Ä 15172 / M3
4 Jan 2006
Ruling to eliminate deficiencies (to be served) In force
16 Jan 2006
PDF
Ä 15172 / 2
14 Dec 2005
Amendment entry In force PDF
K 15545 / 3
14 Dec 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
Ä 15172 / M2
1 Dec 2005
Ruling to eliminate deficiencies (to be served) In force PDF
K 15545 / 2
23 Nov 2004
Commercial pledge amended In force PDF
K 15545
29 Oct 2003
Commercial pledge entered In force PDF
Ä 15172
11 Jul 2003
First entry In force PDF
Ä 15172 / M1
18 Jun 2003
Ruling to eliminate deficiencies (to be served) 18 Sep 2003 In force PDF

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