HANZA Mechanics Narva AS

Active Registry code 11011627 AS Narva linn Registered 22 Jan 2004

HANZA Mechanics Narva AS is a AS based in Narva linn, registry code 11011627, status: active. Main activity: Manufacture of lifting and handling equipment. According to EMTA, turnover for Q3 2026 was €13 263 802 with 304 employees.

Turnover

13 263 802 €

↓ 16.3% vs Q2 2026

State taxes

508 776 €

↓ 30.7% vs Q2 2026

Labour taxes

855 125 €

↑ 9.4% vs Q2 2026

Employees

304

−2 vs Q2 2026

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

Position in the industry Manufacture of machinery and equipment n.e.c. · EMTAK 28

Turnover · Q3 2026 13.3 mn €

above 98% of companies

industry median 130 544 € · companies in the industry: 217
Labour taxes per employee 2 813 €

above 40% of companies

industry median 3 287 € · companies in the industry: 159
Revenue · 2025 34.9 mn €

above 98% of companies

industry median 111 300 € · companies in the industry: 279
Net profit margin · 2025 1.7 %

above 43% of companies

industry median 3.0 % · companies in the industry: 216

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 13 263 802 € · −16.3% vs Q2 2026 · industry median 130 544 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 813 € · +10.2% vs Q2 2026 · industry median 3 287 € · above 40% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 304 · −0.7% vs Q2 2026

State taxes, € thousand Q3 2026: 508 776 € · −30.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	13 263 802	508 776	855 125	304
Q2 2026	15 841 497	733 651	781 337	306
Q1 2026	11 117 825	685 540	721 999	292
Q4 2025	13 301 847	665 965	704 482	269
Q3 2025	11 254 425	656 450	691 206	260
Q2 2025	14 648 916	620 644	658 370	260
Q1 2025	10 918 370	523 900	554 631	262
Q4 2024	14 737 754	600 147	634 183	258
Q3 2024	11 720 424	608 819	643 650	263
Q2 2024	13 675 408	551 183	583 777	270
Q1 2024	9 391 058	557 155	586 217	252
Q4 2023	10 182 091	606 062	639 891	264
Q3 2023	8 470 719	548 633	579 260	262
Q2 2023	10 873 233	542 748	574 872	263
Q1 2023	9 955 592	553 369	581 151	270
Q4 2022	11 208 040	555 674	586 146	263
Q3 2022	9 244 126	537 585	568 161	256
Q2 2022	10 986 308	524 655	555 110	264
Q1 2022	7 785 519	482 952	509 191	261

Labour taxes per employee per month

938 €

Turnover per employee in the quarter

43 631 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 34 898 000 € · +5.0% vs 2024 · industry median 111 300 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 588 000 € · +276.6% vs 2024 · industry median 685 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 1.7 % · +2.7 pp vs the year before · industry median 3.0 % · above 43% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 13 123 000 € · −4.2% vs 2024

Equity, € thousand 2025: 4 197 000 € · +16.3% vs 2024

Employees 2025: 260 · −0.4% vs 2024 · industry median 8 · above 98% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (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	34 898 000	588 000	6 818 000	13 123 000	4 197 000	260
2024	33 245 000	-333 000	6 313 000	13 701 000	3 609 000	261
2023	29 195 000	675 000	6 149 000	12 936 000	3 942 000	262
2022	29 154 000	-98 000	5 825 000	10 761 000	267 000	242
2021	16 317 000	-1 964 000	4 802 000	10 069 000	365 000	204
2020	10 928 000	-4 618 000	4 250 000	7 720 000	2 329 000	193
2019	15 158 000	-2 744 000	5 467 000	10 377 000	1 448 000	263
2018	—	—	—	—	—	313
2017	—	—	—	—	—	309
2016	—	—	—	—	—	268
2015	—	—	—	—	—	323
2014	—	—	—	—	—	343
2013	—	—	—	—	—	322
2012	—	—	—	—	—	310
2011	—	—	—	—	—	280
2010	—	—	—	—	—	223
2009	—	—	—	—	—	0
2008	—	—	—	—	—	292
2007	—	—	—	—	—	245
2006	—	—	—	—	—	185
2005	—	—	—	—	—	77

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

1.7 %

Net profit / revenue

Return on equity (ROE)

14.0 %

Net profit / equity

Return on assets (ROA)

4.5 %

Net profit / assets

Equity ratio

32.0 %

Equity / assets

Debt ratio

68.0 %

Liabilities / assets

Current ratio

0.94

Current assets / current liabilities

Revenue per employee

134 223 €

Revenue / average full-time employees

Labour cost per employee per month

2 185 €

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	30 Jun 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	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
1	5 000 000 €	Swedbank AS	10 Aug 2011 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Liivar Kongi
Board member · since 14 Dec 2018
Harri Värv
Board member · since 21 Dec 2022

Right of representation

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

Owners

No owner information.

Beneficial owners

Erik Ivar Bertil Stenfors
Member of a senior management body (management or supervisory board) · SWE · since 18 Nov 2022
Lars Andreas Nordin
Member of a senior management body (management or supervisory board) · SWE · since 18 Nov 2022
Lars Henry Åkerblom
Member of a senior management body (management or supervisory board) · SWE · since 18 Nov 2022

Founders and other persons

Pauli Olavi Pöllänen
Founder · 80 000 € · 22 Jan 2004
Metallilaite Oy
Founder · 3 100 000 € · 22 Jan 2004
Ernst & Young Baltic AS
Audit firm · 20 Oct 2016
Erik Ivar Bertil Stenfors
Chairman of the supervisory board · 23 Sep 2024
Ann Närep
Auditor who valued a non-monetary contribution · 27 May 2009
Lars Andreas Nordin
Supervisory board member · 23 Sep 2024
Lars Henry Åkerblom
Supervisory board member · 23 Sep 2024
Omanikukonto: AS HANZA MECHANICS TARTU
Shareholder · 64 000 € · 16 Aug 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

28221Manufacture of lifting and handling equipment Main
25991Manufacture of other fabricated metal products n.e.c.
28921Manufacture of machinery for mining, quarrying and construction
32991Other manufacturing n.e.c.

Rulings 45

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10077322 / M12 27 Sep 2024	Ruling to correct data outside an entry	11 Oct 2024	In force 27 Sep 2024	PDF
Ä 10077322 / 32 21 Dec 2022	Amendment entry		In force 21 Dec 2022	PDF
Ä 10077322 / M11 16 Dec 2022	Ruling to eliminate deficiencies	15 Jan 2023	Deficiencies eliminated 21 Dec 2022	PDF
Ä 10077322 / M10 1 Feb 2022	Procedural ruling	16 Feb 2022	Deficiencies eliminated 4 Feb 2022	PDF
Ä 10077322 / 31 24 Sep 2019	Amendment entry		In force 24 Sep 2019	PDF
Ä 10077322 / 30 26 Aug 2019	Amendment entry		In force 26 Aug 2019	PDF
Ä 10077322 / 29 14 Dec 2018	Amendment entry		In force 14 Dec 2018	PDF
Ä 10077322 / M9 12 Dec 2018	Ruling to eliminate deficiencies	11 Jan 2019	Deficiencies eliminated 14 Dec 2018	PDF
Ä 10077322 / 28 18 Sep 2018	Amendment entry		In force 18 Sep 2018	PDF
Ä 10077322 / M8 10 Sep 2018	Ruling to eliminate deficiencies	10 Oct 2018	Deficiencies eliminated 18 Sep 2018	PDF
Ä 10077322 / 27 16 Apr 2018	Amendment entry		In force 16 Apr 2018	PDF
Ä 10077322 / 26 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10077322 / 25 8 Nov 2017	Amendment entry		In force 8 Nov 2017	PDF
Ä 10077322 / 24 1 Nov 2017	Amendment entry		In force 1 Nov 2017	PDF
Ä 10077322 / 23 25 Oct 2017	Amendment entry		In force 25 Oct 2017	PDF
Ä 10077322 / 22 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10077322 / 21 7 Nov 2016	Amendment entry		In force 7 Nov 2016	PDF
Ä 10077322 / 20 26 Apr 2016	Amendment entry		In force 26 Apr 2016	PDF
Ä 10077322 / 19 29 Jul 2015	Third (informative) division entry		In force 29 Jul 2015	PDF
Ä 10077322 / 18 29 Jul 2015	First (declaratory) division entry		In force 29 Jul 2015	PDF
Ä 10077322 / 17 1 Jul 2015	Amendment entry		In force 1 Jul 2015	PDF
Ä 10077322 / 16 5 May 2015	Amendment entry		In force 5 May 2015	PDF
Ä 10077322 / 15 3 Mar 2015	Amendment entry		In force 3 Mar 2015	PDF
Ä 10077322 / M7 20 Feb 2015	Ruling to eliminate deficiencies	22 Mar 2015	Deficiencies eliminated 3 Mar 2015	PDF
Ä 10077322 / M6 30 Dec 2014	Ruling to correct data outside an entry	29 Jan 2015	Deficiencies eliminated 13 Jan 2015	PDF
Ä 10077322 / 14 31 Jan 2013	Second (constitutive) merger entry		In force 31 Jan 2013	PDF
Ä 10077322 / 13 31 Jan 2013	Second (constitutive) merger entry		In force 31 Jan 2013	PDF
Ä 10077322 / M5 16 Jan 2013	Ruling to eliminate deficiencies	18 Mar 2013	In force 16 Jan 2013	PDF
Ä 10077322 / 12 20 Sep 2011	Amendment entry		In force 20 Sep 2011	PDF
K 10158946 10 Aug 2011	Commercial pledge entered		In force 10 Aug 2011	PDF
Ä 10077322 / 11 26 Jul 2010	Deletion of activities from the registry card		In force 26 Jul 2010	PDF
Ä 77322 / 10 18 Jan 2010	Amendment entry		In force 18 Jan 2010	PDF
Ä 77322 / 9 17 Nov 2009	Entry made by the register on its own initiative		In force 17 Nov 2009	PDF
Ä 77322 / 8 19 Jun 2009	Amendment entry		In force 19 Jun 2009	PDF
Ä 77322 / 7 8 Jun 2009	Amendment entry		In force 8 Jun 2009	PDF
Ä 77322 / 6 13 Oct 2008	Amendment entry		In force 13 Oct 2008	PDF
Ä 77322 / M4 26 Sep 2008	Ruling to eliminate deficiencies (to be served)		In force 26 Sep 2008	PDF
Ä 77322 / M3 21 Aug 2008	Ruling to eliminate deficiencies (to be served)		In force 25 Aug 2008	PDF
Ä 77322 / 5 19 Mar 2007	Amendment entry		In force 19 Mar 2007	PDF
Ä 77322 / 4 20 Mar 2006	Amendment entry		In force 20 Mar 2006	PDF
Ä 77322 / 3 15 Jul 2005	Amendment entry		In force	PDF
Ä 77322 / M2 22 Jun 2005	Ruling to eliminate deficiencies (to be served)		In force	PDF
Ä 77322 / 2 24 Jan 2005	Amendment entry		In force	PDF
Ä 77322 / M1 7 Jan 2005	Ruling to eliminate deficiencies (to be served)		In force	PDF
Ä 77322 22 Jan 2004	First entry		In force	PDF

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

HANZA Mechanics Narva AS

Position in the industry Manufacture of machinery and equipment n.e.c. · EMTAK 28

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 45