AS KaroTrans

Active Registry code 10967341 AS Pärnu linn Registered 21 Aug 2003

AS KaroTrans is a AS based in Pärnu linn, registry code 10967341, status: active. Main activity: Freight transport by road. According to EMTA, turnover for Q3 2026 was €2 237 570 with 58 employees.

Turnover

2 237 570 €

↑ 0.1% vs Q2 2026

State taxes

419 149 €

↓ 23.2% vs Q2 2026

Labour taxes

292 295 €

↑ 6.9% vs Q2 2026

Employees

−1 vs Q2 2026

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

Position in the industry Land transport and transport via pipelines · EMTAK 49

Turnover · Q3 2026 2.2 mn €

above 98% of companies

industry median 29 505 € · companies in the industry: 3 554
Labour taxes per employee 5 040 €

above 98% of companies

industry median 1 179 € · companies in the industry: 3 134
Revenue · 2025 8.1 mn €

above 98% of companies

industry median 32 212 € · companies in the industry: 5 896
Net profit margin · 2025 1.6 %

above 43% of companies

industry median 2.8 % · companies in the industry: 4 877

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 2 237 570 € · +0.1% vs Q2 2026 · industry median 29 505 € · above 98% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 040 € · +8.8% vs Q2 2026 · industry median 1 179 € · above 98% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 58 · −1.7% vs Q2 2026

State taxes, € thousand Q3 2026: 419 149 € · −23.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	2 237 570	419 149	292 295	58
Q2 2026	2 235 123	545 918	273 399	59
Q1 2026	2 327 522	512 246	275 212	59
Q4 2025	2 161 525	547 582	318 355	60
Q3 2025	1 609 587	535 032	298 553	61
Q2 2025	2 338 286	509 660	300 769	61
Q1 2025	2 232 722	413 341	293 543	60
Q4 2024	2 594 300	622 259	314 971	61
Q3 2024	1 950 528	368 379	279 723	61
Q2 2024	2 287 204	329 803	248 219	59
Q1 2024	2 711 346	417 796	247 816	54
Q4 2023	2 530 578	271 791	229 051	55
Q3 2023	1 422 734	212 105	179 485	49
Q2 2023	1 425 768	374 908	175 906	41
Q1 2023	1 501 507	341 161	195 037	40
Q4 2022	1 836 496	314 367	195 782	40
Q3 2022	1 481 815	298 780	180 405	39
Q2 2022	1 589 437	368 461	174 008	38
Q1 2022	1 450 069	269 192	170 913	42

Labour taxes per employee per month

1 680 €

Turnover per employee in the quarter

38 579 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 8 054 600 € · −11.7% vs 2024 · industry median 32 212 € · above 98% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 125 377 € · −27.1% vs 2024 · industry median 421 € · above 98% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 1.6 % · −0.3 pp vs the year before · industry median 2.8 % · above 43% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 6 018 154 € · −2.2% vs 2024

Equity, € thousand 2025: 1 328 336 € · +1.9% vs 2024

Employees 2025: 64 · +4.9% vs 2024 · industry median 1 · above 98% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (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	8 054 600	125 377	2 812 415	6 018 154	1 328 336	64
2024	9 122 309	171 894	2 757 161	6 152 492	1 302 958	61
2023	6 893 489	268 763	1 981 594	5 645 709	1 173 065	48
2022	5 935 652	425 782	1 816 393	3 685 603	1 156 236	44
2021	5 091 489	325 722	1 602 576	3 262 158	867 470	46
2020	4 643 513	319 698	1 488 984	3 261 008	719 948	47
2019	5 171 644	477 230	1 551 062	3 270 744	598 250	52
2018	—	—	—	—	—	53
2017	—	—	—	—	—	48
2016	—	—	—	—	—	51
2015	—	—	—	—	—	50
2014	—	—	—	—	—	45
2013	—	—	—	—	—	43
2012	—	—	—	—	—	41
2011	—	—	—	—	—	39
2010	—	—	—	—	—	34
2009	—	—	—	—	—	30
2008	—	—	—	—	—	25
2006	—	—	—	—	—	29
2005	—	—	—	—	—	27
2004	—	—	—	—	—	23

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)

9.4 %

Net profit / equity

Return on assets (ROA)

2.1 %

Net profit / assets

Equity ratio

22.1 %

Equity / assets

Debt ratio

77.9 %

Liabilities / assets

Current ratio

0.61

Current assets / current liabilities

Revenue per employee

125 853 €

Revenue / average full-time employees

Labour cost per employee per month

3 662 €

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	28 Apr 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	10 Apr 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	13 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	11 May 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	11 May 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	25 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Oct 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
4	4 000 000 EEK	AS Hansapank	12 May 2006 – in force
3	1 100 000 EEK	AS Hansapank	31 Oct 2005 – in force
2	2 400 000 EEK	AS Hansapank	17 Aug 2005 – in force
1	1 300 000 EEK	AS Hansapank	30 Dec 2004 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Meelis Rosenstein
Board member · since 13 Feb 2007
Meelis Lippe
Board member · since 22 Oct 2007

Right of representation

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

Owners

No owner information.

Owner in

Savinurga Kinnisvara OÜ
5%

Beneficial owners

Meelis Lippe
Direct ownership · since 22 Oct 2018
Meelis Rosenstein
Direct ownership · since 22 Oct 2018
Runo Ruubel
Direct ownership · since 22 Oct 2018

Founders and other persons

Aivar Kollamaa
Founder · 8 000 € · 21 Aug 2003
Andrus Tammann
Founder · 4 000 € · 21 Aug 2003
Anton Tsupilo
Founder · 4 000 € · 21 Aug 2003
Arved Konstabel
Founder · 4 000 € · 21 Aug 2003
Arvo Lelle
Founder · 4 000 € · 21 Aug 2003
Juri Mohnja
Founder · 4 000 € · 21 Aug 2003
Kaido Orav
Founder · 4 000 € · 21 Aug 2003
Margus Riik
Founder · 12 000 € · 21 Aug 2003
Mihkel Jürjets
Founder · 4 000 € · 21 Aug 2003
Märt Leesment
Founder · 16 000 € · 21 Aug 2003
Olev Jämsa
Founder · 4 000 € · 21 Aug 2003
Veiko Kruusmaa
Founder · 4 000 € · 21 Aug 2003
Vello Järvekülg
Founder · 8 000 € · 21 Aug 2003
Colindo OÜ
Founder · 80 000 € · 21 Aug 2003
Isilme OÜ
Founder · 80 000 € · 21 Aug 2003
Lumbar OÜ
Founder · 40 000 € · 21 Aug 2003
osaühing Avameri
Founder · 40 000 € · 21 Aug 2003
osaühing Kaldovare
Founder · 80 000 € · 21 Aug 2003
Maidu Kuuse
Audit firm · 18 May 2015
Runo Ruubel
Chairman of the supervisory board · 31 Aug 2026
Aino Tsupilo
Supervisory board member · 28 Aug 2026
Margus Riik
Supervisory board member · 28 Aug 2026
Omanikukonto: ISILME OÜ
Shareholder · 8 690 € · 16 Aug 2023
Omanikukonto: ROSLIIN OÜ
Shareholder · 8 179 € · 16 Aug 2023
Omanikukonto: COLINDO OÜ
Shareholder · 8 690 € · 5 Dec 2025

shared board members, owners or beneficial owners

Activities (EMTAK)

49411Freight transport by road Main
46901Non-specialised wholesale trade

Rulings 17

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 30018510 / M1 6 Aug 2026	Procedural ruling	In force 6 Aug 2026	PDF
Ä 30018510 / 12 13 Feb 2018	Amendment entry	In force 13 Feb 2018	PDF
Ä 30018510 / 11 18 Jan 2018	Amendment entry	In force 18 Jan 2018	PDF
Ä 30018510 / 10 4 Dec 2017	Amendment entry	In force 4 Dec 2017	PDF
Ä 30018510 / 9 28 Sep 2017	Amendment entry	In force 28 Sep 2017	PDF
Ä 30018510 / 8 6 Jun 2017	Amendment under Commercial Code § 525 (2)	In force 6 Jun 2017	PDF
Ä 30018510 / 7 4 Jan 2012	Amendment entry	In force 4 Jan 2012	PDF
Ä 18510 / 6 5 Mar 2009	Amendment entry	In force 5 Mar 2009	PDF
Ä 18510 / 5 3 Dec 2008	Deletion of activities from the registry card	In force 3 Dec 2008	PDF
Ä 18510 / 4 22 Oct 2007	Amendment entry	In force 22 Oct 2007	PDF
Ä 18510 / 3 13 Feb 2007	Amendment entry	In force 13 Feb 2007	PDF
K 20265 / 4 12 May 2006	Commercial pledge entered	In force 12 May 2006	PDF
K 20265 / 3 31 Oct 2005	Commercial pledge entered	In force	PDF
Ä 18510 / 2 21 Oct 2005	Amendment entry	In force	PDF
K 20265 / 2 17 Aug 2005	Commercial pledge entered	In force	PDF
K 20265 30 Dec 2004	Commercial pledge entered	In force	PDF
Ä 18510 21 Aug 2003	First entry	In force	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data

AS KaroTrans

Position in the industry Land transport and transport via pipelines · EMTAK 49

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 17