TERE aktsiaselts
Active Registry code 11411278
AS Tallinn Registered 30 Jul 2007
TERE aktsiaselts is a AS based in Tallinn, registry code 11411278, status: active. Main activity: Manufacture of dairy products. According to EMTA, turnover for Q3 2026 was €23 525 573 with 277 employees.
Turnover
23 525 573 €
↓ 3.6% vs Q2 2026
State taxes
1 831 871 €
↓ 3.0% vs Q2 2026
Labour taxes
711 077 €
↑ 2.5% vs Q2 2026
Employees
277
−6 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 23.5 mn €above 98% of companiesindustry median 45 078 € · companies in the industry: 614
- Labour taxes per employee 2 567 €above 81% of companiesindustry median 1 325 € · companies in the industry: 551
- Revenue · 2025 101 mn €above 98% of companiesindustry median 18 772 € · companies in the industry: 1 075
- Net profit margin · 2025 0.4 %above 39% of companiesindustry median 2.1 % · companies in the industry: 817
Taxes and turnover
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 23 525 573 | 1 831 871 | 711 077 | 277 |
| Q2 2026 | 24 399 847 | 1 888 759 | 694 032 | 283 |
| Q1 2026 | 24 445 823 | 1 422 992 | 673 088 | 287 |
| Q4 2025 | 27 957 137 | 1 974 031 | 744 375 | 284 |
| Q3 2025 | 29 799 678 | 1 798 156 | 793 102 | 295 |
| Q2 2025 | 29 717 022 | 1 699 587 | 681 044 | 301 |
| Q1 2025 | 26 854 525 | 1 285 068 | 640 481 | 281 |
| Q4 2024 | 25 326 172 | 1 489 107 | 603 883 | 279 |
| Q3 2024 | 25 102 855 | 1 312 311 | 624 960 | 281 |
| Q2 2024 | 25 345 061 | 1 188 510 | 580 680 | 277 |
| Q1 2024 | 26 415 767 | 927 554 | 571 217 | 267 |
| Q4 2023 | 29 505 918 | 963 192 | 557 285 | 262 |
| Q3 2023 | 27 969 508 | 743 237 | 576 688 | 264 |
| Q2 2023 | 31 921 717 | 1 352 040 | 544 726 | 272 |
| Q1 2023 | 25 718 861 | 118 771 | 550 238 | 274 |
| Q4 2022 | 27 731 360 | 592 375 | 570 511 | 279 |
| Q3 2022 | 25 392 588 | 618 798 | 654 308 | 291 |
| Q2 2022 | 27 963 019 | 617 211 | 647 803 | 296 |
| Q1 2022 | 24 532 109 | 629 909 | 595 100 | 285 |
Labour taxes per employee per month
856 €
Turnover per employee in the quarter
84 930 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 100 996 357 | 407 971 | 7 329 907 | 66 315 021 | 26 234 487 | 285 |
| 2024 | 88 830 836 | 349 296 | 6 407 273 | 67 379 136 | 25 826 516 | 272 |
| 2023 | 105 591 646 | 502 110 | 5 973 715 | 70 616 369 | 24 469 687 | 266 |
| 2022 | 91 053 765 | -1 423 460 | 6 104 825 | 74 606 797 | 23 137 284 | 284 |
| 2021 | 75 172 004 | 2 206 578 | 5 673 736 | 71 452 489 | 24 160 895 | 308 |
| 2020 | 67 345 524 | 405 792 | 6 140 000 | 71 662 623 | 21 954 317 | 323 |
| 2019 | 65 129 213 | 2 766 014 | — | 72 530 508 | 20 503 692 | 341 |
| 2018 | — | — | — | — | — | 336 |
| 2017 | — | — | — | — | — | 325 |
| 2016 | — | — | — | — | — | 355 |
| 2014 | — | — | — | — | — | 435 |
| 2013 | — | — | — | — | — | 444 |
| 2012 | — | — | — | — | — | 450 |
| 2011 | — | — | — | — | — | 556 |
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
0.4 %
Net profit / revenue
Return on equity (ROE)
1.6 %
Net profit / equity
Return on assets (ROA)
0.6 %
Net profit / assets
Equity ratio
39.6 %
Equity / assets
Debt ratio
60.4 %
Liabilities / assets
Current ratio
0.63
Current assets / current liabilities
Revenue per employee
364 058 €
Revenue / average full-time employees
Labour cost per employee per month
2 143 €
Labour costs / employees / 12 months (incl. employer taxes)
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 | 13 Jul 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 | 1 Oct 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 5 | 55 000 000 EEK | Swedbank AS | 10 Jul 2009 – in force |
| 4 | 97 000 000 EEK | Swedbank AS | 10 Jul 2009 – in force |
| 3 | 52 000 000 EEK | Swedbank AS | 13 Apr 2009 – in force |
| 2 | 182 000 000 EEK | Swedbank AS | 17 Oct 2008 – in force |
| 1 | 40 000 000 EEK | Swedbank AS | 3 Sep 2007 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Silver KaurBoard 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.
Owner in
- 100%
- 100%
Beneficial owners
- Toomas JuhaniIndirect ownership · since 19 Mar 2026
- Roland LeppIndirect ownership · since 11 Sep 2018
Founders and other persons
- TERE aktsiaseltsFounder · 400 000 € · 24 Jul 2007
- Andris JegersAudit firm · 2 Jul 2019
- KPMG Baltics OÜAudit firm · 2 Jul 2019
- Roland LeppChairman of the supervisory board · 13 Sep 2022
- Sven PappSupervisory board member · 13 Sep 2022
- Toomas JuhaniSupervisory board member · 13 Sep 2022
- Omanikukonto: NORDIC MILK OÜShareholder · 5 112 932 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 1051Manufacture of dairy products Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10110868 / 32 24 Sep 2025 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 24 Sep 2025 |
||
| Ä 10110868 / 31 10 Mar 2025 |
Amendment entry | In force 10 Mar 2025 |
||
| K 10110868 / 30 7 Oct 2024 |
Commercial pledge amended | In force 7 Oct 2024 |
||
| K 10110868 / 29 7 Oct 2024 |
Commercial pledge amended | In force 7 Oct 2024 |
||
| K 10110868 / 28 7 Oct 2024 |
Commercial pledge amended | In force 7 Oct 2024 |
||
| Ä 10110868 / 27 18 Dec 2023 |
Amendment entry | In force 18 Dec 2023 |
||
| Ä 10110868 / 26 23 Sep 2019 |
Amendment entry | In force 23 Sep 2019 |
||
| Ä 10110868 / 25 22 May 2019 |
Amendment entry | In force 22 May 2019 |
||
| Ä 10110868 / 24 14 May 2019 |
Amendment entry | In force 14 May 2019 |
||
| Ä 10110868 / 23 9 Jan 2019 |
Amendment entry | In force 9 Jan 2019 |
||
| K 10110868 / 22 15 Feb 2018 |
Commercial pledge amended | In force 15 Feb 2018 |
||
| K 10110868 / 21 15 Feb 2018 |
Commercial pledge amended | In force 15 Feb 2018 |
||
| K 10110868 / 20 15 Feb 2018 |
Commercial pledge amended | In force 15 Feb 2018 |
||
| K 10110868 / 19 15 Feb 2018 |
Commercial pledge amended | In force 15 Feb 2018 |
||
| K 10110868 / 18 15 Feb 2018 |
Commercial pledge amended | In force 15 Feb 2018 |
||
| K 10110868 / M10 7 Feb 2018 |
Ruling to eliminate deficiencies | 9 Mar 2018 | Deficiencies eliminated 9 Feb 2018 |
|
| Ä 10110868 / 17 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10110868 / 16 30 Nov 2017 |
Amendment entry | In force 30 Nov 2017 |
||
| Ä 10110868 / M9 7 Nov 2017 |
Warning of deletion from the register: annual report not filed | 7 May 2018 | Deficiencies eliminated 12 Dec 2017 |
|
| Ä 10110868 / 15 29 Sep 2017 |
Amendment entry | In force 29 Sep 2017 |
||
| Ä 10110868 / 14 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10110868 / 13 16 May 2017 |
Amendment entry | In force 16 May 2017 |
||
| K 10110868 / 12 21 Mar 2017 |
Commercial pledge amended | In force 21 Mar 2017 |
||
| Ä 10110868 / M8 10 Mar 2017 |
Ruling to eliminate deficiencies | 25 Mar 2017 | Deficiencies eliminated 10 Mar 2017 |
|
| Ä 10110868 / 11 10 Mar 2017 |
Amendment entry | In force 10 Mar 2017 |
||
| Ä 10110868 / M7 27 Oct 2016 |
Ruling annulling a ruling | In force 27 Oct 2016 |
||
| Ä 10110868 / 10 27 Oct 2016 |
Amendment entry | In force 27 Oct 2016 |
||
| Ä 10110868 / 9 31 Aug 2016 |
Amendment entry | In force 31 Aug 2016 |
||
| Ä 10110868 / 8 25 Nov 2015 |
Amendment entry | In force 25 Nov 2015 |
||
| Ä 10110868 / 7 22 Dec 2011 |
Amendment entry | In force 22 Dec 2011 |
||
| Ä 10110868 / M5 4 Aug 2010 |
Ruling to eliminate deficiencies | 30 Sep 2010 | In force 4 Aug 2010 |
|
| Ä 10110868 / 6 4 Aug 2010 |
Amendment entry | In force 4 Aug 2010 |
||
| Ä 110868 / M4 21 Jan 2010 |
Warning of deletion from the register: annual report not filed | 29 Nov 2010 | Deficiencies eliminated 1 Jun 2010 |
|
| Ä 110868 / M3 23 Nov 2009 |
Fine for not filing the report | 16 Dec 2009 | In force 1 Dec 2009 |
|
| Ä 110868 / 5 10 Jul 2009 |
Second (constitutive) merger entry | In force 10 Jul 2009 |
||
| K 111738 / 9 10 Jul 2009 |
Commercial pledge amended | In force 10 Jul 2009 |
||
| K 111738 / 8 10 Jul 2009 |
Commercial pledge entered | In force 10 Jul 2009 |
||
| K 111738 / 7 10 Jul 2009 |
Commercial pledge entered | In force 10 Jul 2009 |
||
| K 111738 / 10 10 Jul 2009 |
Commercial pledge amended | In force 10 Jul 2009 |
||
| K 111738 / 6 13 Apr 2009 |
Commercial pledge amended | In force 13 Apr 2009 |
||
| K 111738 / 5 13 Apr 2009 |
Commercial pledge entered | In force 13 Apr 2009 |
||
| Ä 110868 / 4 7 Apr 2009 |
Second (constitutive) merger entry | In force 7 Apr 2009 |
||
| K 111738 / M1 7 Apr 2009 |
Ruling to eliminate deficiencies | 7 May 2009 | In force 8 Apr 2009 |
|
| K 111738 / 4 7 Apr 2009 |
Commercial pledge amended | In force 13 Apr 2009 |
||
| Ä 110868 / M2 27 Mar 2009 |
Ruling to eliminate deficiencies | 27 Apr 2009 | In force 1 Apr 2009 |
|
| Ä 110868 / 3 27 Jan 2009 |
Amendment entry | In force 27 Jan 2009 |
||
| K 111738 / 3 17 Oct 2008 |
Commercial pledge entered | In force 17 Oct 2008 |
||
| K 111738 / 2 17 Oct 2008 |
Commercial pledge amended | In force 17 Oct 2008 |
||
| Ä 110868 / 2 6 Nov 2007 |
Amendment entry | In force 6 Nov 2007 |
||
| Ä 110868 / M1 1 Nov 2007 |
Ruling to eliminate deficiencies (to be served) | Deficiencies eliminated 1 Nov 2007 |
||
| K 111738 3 Sep 2007 |
Commercial pledge entered | In force 3 Sep 2007 |
||
| Ä 110868 30 Jul 2007 |
First entry | In force 30 Jul 2007 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data