AS Raudtee Varad

Active Registry code 11575850 AS Tallinn Registered 14 Jan 2009
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AS Raudtee Varad is a AS based in Tallinn, registry code 11575850, status: active. Main activity: Freight rail transport. According to EMTA, turnover for Q3 2026 was €0 with employees.

Turnover
0 €
State taxes
5 544 €
Labour taxes
5 844 €
↑ 0.0% vs Q2 2026
Employees
—

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

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

  • Revenue · 2025 0 €
    industry median 32 212 € · companies in the industry: 5 896

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 0 € · industry median 29 505 € · above 2% of the industry
-4 000-2 00002 0004 0006 000Q4 2023 Company: 3 967 360 € Industry median: 28 097 €Q4·23Q1 2024 Company: -2 673 325 € Industry median: 21 794 €Q2 2024 Company: 4 131 146 € Industry median: 26 442 €Q2·24Q3 2024 Company: 3 642 915 € Industry median: 27 160 €Q4 2024 Company: 3 048 084 € Industry median: 26 706 €Q4·24Q1 2025 Company: 353 816 € Industry median: 21 631 €Q2 2025 Company: 0 € Industry median: 25 269 €Q2·25Q3 2025 Company: 0 € Industry median: 26 730 €Q4 2025 Company: 0 € Industry median: 28 911 €Q4·25Q1 2026 Company: 0 € Industry median: 22 939 €Q2 2026 Company: 0 € Industry median: 29 392 €Q2·26Q3 2026 Company: 0 € Industry median: 29 505 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 048 084 € Industry median: 26 706 €Q1 2025 Company: 353 816 € Industry median: 21 631 €Q1·25Q2 2025 Company: 0 € Industry median: 25 269 €Q3 2025 Company: 0 € Industry median: 26 730 €Q3·25Q4 2025 Company: 0 € Industry median: 28 911 €Q1 2026 Company: 0 € Industry median: 22 939 €Q1·26Q2 2026 Company: 0 € Industry median: 29 392 €Q3 2026 Company: 0 € Industry median: 29 505 €Q3·26
  • 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 2024: 65 706 € · +65.4% vs Q2 2024 · industry median 1 053 € · above 98% of the industry
020 00040 00060 00080 000Q4 2023 Company: 13 982 € Industry median: 998 €Q4·23Q1 2024 Company: 29 446 € Industry median: 990 €Q2 2024 Company: 39 733 € Industry median: 1 010 €Q2·24Q3 2024 Company: 65 706 € Industry median: 1 053 €Q4 2024 Company: — Industry median: 1 066 €Q4·24Q1 2025 Company: — Industry median: 1 085 €Q2 2025 Company: — Industry median: 1 126 €Q2·25Q3 2025 Company: — Industry median: 1 129 €Q4 2025 Company: — Industry median: 1 133 €Q4·25Q1 2026 Company: — Industry median: 1 106 €Q2 2026 Company: — Industry median: 1 123 €Q2·26Q3 2026 Company: — Industry median: 1 179 €Q3·2602505007501 0001 250Q4 2024 Company: — Industry median: 1 066 €Q1 2025 Company: — Industry median: 1 085 €Q1·25Q2 2025 Company: — Industry median: 1 126 €Q3 2025 Company: — Industry median: 1 129 €Q3·25Q4 2025 Company: — Industry median: 1 133 €Q1 2026 Company: — Industry median: 1 106 €Q1·26Q2 2026 Company: — Industry median: 1 123 €Q3 2026 Company: — Industry median: 1 179 €Q3·26
  • 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 2024: 11 · −45.0% vs Q2 2024
0204060Q4 2023 Company: 56Q4·23Q1 2024 Company: 28Q2 2024 Company: 20Q2·24Q3 2024 Company: 11Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·26
State taxes, € thousand Q3 2026: 5 544 €
05001 0001 5002 000Q4 2023 Company: 913 908 €Q4·23Q1 2024 Company: 821 745 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 817 226 €Q4 2024 Company: 796 021 €Q4·24Q1 2025 Company: 447 119 €Q2 2025 Company: 1 734 931 €Q2·25Q3 2025 Company: 6 832 €Q4 2025 Company: 6 767 €Q4·25Q1 2026 Company: 5 569 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 5 544 €Q3·2605001 0001 5002 000Q4 2024 Company: 796 021 €Q1 2025 Company: 447 119 €Q1·25Q2 2025 Company: 1 734 931 €Q3 2025 Company: 6 832 €Q3·25Q4 2025 Company: 6 767 €Q1 2026 Company: 5 569 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 5 544 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 5 544 5 844 —
Q2 2026 — — 5 844 —
Q1 2026 — 5 569 5 835 —
Q4 2025 — 6 767 5 816 —
Q3 2025 — 6 832 7 153 —
Q2 2025 — 1 734 931 9 827 —
Q1 2025 353 816 447 119 307 725 —
Q4 2024 3 048 084 796 021 750 933 —
Q3 2024 3 642 915 817 226 722 764 11
Q2 2024 4 131 146 — 794 663 20
Q1 2024 -2 673 325 821 745 824 501 28
Q4 2023 3 967 360 913 908 782 978 56
Q3 2023 5 406 973 1 072 450 848 899 57
Q2 2023 15 029 757 3 063 856 998 187 72
Q1 2023 6 735 022 1 359 102 1 241 768 103
Q4 2022 9 143 357 1 436 854 1 237 199 179
Q3 2022 9 200 302 1 346 469 1 342 767 216
Q2 2022 10 540 522 1 316 030 1 384 004 262
Q1 2022 12 460 840 1 397 569 1 464 097 301

Financials by year

2016 – 2025
Revenue, € thousand 2025: 0 € · −100.0% vs 2024 · industry median 32 212 € · above 5% of the industry
020 00040 00060 00080 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 63 423 000 € Industry median: 46 993 €20192020 Company: 62 151 000 € Industry median: 38 198 €20202021 Company: 71 014 000 € Industry median: 39 390 €20212022 Company: 37 470 469 € Industry median: 40 789 €20222023 Company: 19 235 208 € Industry median: 34 146 €20232024 Company: 12 946 631 € Industry median: 31 666 €20242025 Company: 0 € Industry median: 32 212 €2025020 00040 00060 00080 0002018 Company: — Industry median: —2019 Company: 63 423 000 € Industry median: 46 993 €20192020 Company: 62 151 000 € Industry median: 38 198 €2021 Company: 71 014 000 € Industry median: 39 390 €20212022 Company: 37 470 469 € Industry median: 40 789 €2023 Company: 19 235 208 € Industry median: 34 146 €20232024 Company: 12 946 631 € Industry median: 31 666 €2025 Company: 0 € Industry median: 32 212 €2025
  • 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: -126 000 € · +99.4% vs 2024 · industry median 421 € · above 2% of the industry
-30 000-20 000-10 000010 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 7 176 000 € Industry median: 743 €20192020 Company: 4 697 000 € Industry median: 476 €20202021 Company: -4 016 000 € Industry median: 838 €20212022 Company: -20 414 000 € Industry median: 761 €20222023 Company: -4 740 000 € Industry median: 223 €20232024 Company: -20 831 000 € Industry median: 212 €20242025 Company: -126 000 € Industry median: 421 €2025-30 000-20 000-10 000010 0002018 Company: — Industry median: —2019 Company: 7 176 000 € Industry median: 743 €20192020 Company: 4 697 000 € Industry median: 476 €2021 Company: -4 016 000 € Industry median: 838 €20212022 Company: -20 414 000 € Industry median: 761 €2023 Company: -4 740 000 € Industry median: 223 €20232024 Company: -20 831 000 € Industry median: 212 €2025 Company: -126 000 € Industry median: 421 €2025
  • 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, % 2024: -160.9 % · −136.3 pp vs the year before · industry median 2.3 % · above 2% of the industry
-200-150-100-500502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 11.3 % Industry median: 3.1 %20192020 Company: 7.6 % Industry median: 3.4 %20202021 Company: -5.7 % Industry median: 4.2 %20212022 Company: -54.5 % Industry median: 4.2 %20222023 Company: -24.6 % Industry median: 2.7 %20232024 Company: -160.9 % Industry median: 2.3 %20242025 Company: — Industry median: 2.8 %2025-200-150-100-500502018 Company: — Industry median: —2019 Company: 11.3 % Industry median: 3.1 %20192020 Company: 7.6 % Industry median: 3.4 %2021 Company: -5.7 % Industry median: 4.2 %20212022 Company: -54.5 % Industry median: 4.2 %2023 Company: -24.6 % Industry median: 2.7 %20232024 Company: -160.9 % Industry median: 2.3 %2025 Company: — Industry median: 2.8 %2025
  • 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, mn € 2025: 25 335 000 € · +8.8% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 99 254 000 €20192020 Company: 112 686 000 €20202021 Company: 94 037 000 €20212022 Company: 70 078 000 €20222023 Company: 62 093 000 €20232024 Company: 23 294 000 €20242025 Company: 25 335 000 €202502550751001252018 Company: —2019 Company: 99 254 000 €20192020 Company: 112 686 000 €2021 Company: 94 037 000 €20212022 Company: 70 078 000 €2023 Company: 62 093 000 €20232024 Company: 23 294 000 €2025 Company: 25 335 000 €2025
Equity, € thousand 2025: 25 115 000 € · +13.7% vs 2024
020 00040 00060 00080 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 57 180 000 €20192020 Company: 74 297 000 €20202021 Company: 68 076 000 €20212022 Company: 47 663 000 €20222023 Company: 42 922 000 €20232024 Company: 22 093 000 €20242025 Company: 25 115 000 €2025020 00040 00060 00080 0002018 Company: —2019 Company: 57 180 000 €20192020 Company: 74 297 000 €2021 Company: 68 076 000 €20212022 Company: 47 663 000 €2023 Company: 42 922 000 €20232024 Company: 22 093 000 €2025 Company: 25 115 000 €2025
Employees 2025: 0 · −100.0% vs 2024 · industry median 1 · above 2% of the industry
02004006008002016 Company: 684 Industry median: —20162017 Company: 641 Industry median: —20172018 Company: 694 Industry median: 220182019 Company: 686 Industry median: 220192020 Company: 578 Industry median: 220202021 Company: 588 Industry median: 220212022 Company: 305 Industry median: 220222023 Company: 209 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 0 Industry median: 1202502004006008002018 Company: 694 Industry median: 22019 Company: 686 Industry median: 220192020 Company: 578 Industry median: 22021 Company: 588 Industry median: 220212022 Company: 305 Industry median: 22023 Company: 209 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 0 Industry median: 12025
  • 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 0 -126 000 78 000 25 335 000 25 115 000 0
2024 12 946 631 -20 831 000 6 288 000 23 294 000 22 093 000 1
2023 19 235 208 -4 740 000 8 949 000 62 093 000 42 922 000 209
2022 37 470 469 -20 414 000 13 265 000 70 078 000 47 663 000 305
2021 71 014 000 -4 016 000 14 411 000 94 037 000 68 076 000 588
2020 62 151 000 4 697 000 16 084 000 112 686 000 74 297 000 578
2019 63 423 000 7 176 000 15 764 000 99 254 000 57 180 000 686
2018 — — — — — 694
2017 — — — — — 641
2016 — — — — — 684
2015 — — — — — 735
2014 — — — — — 839
2013 — — — — — 895
2012 — — — — — 950
2011 — — — — — 934
2010 — — — — — 829
2009 — — — — — 865

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

Return on equity (ROE)
-0.5 %
Net profit / equity
Return on assets (ROA)
-0.5 %
Net profit / assets
Equity ratio
99.1 %
Equity / assets
Debt ratio
0.9 %
Liabilities / assets
Current ratio
115.16
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 19 May 2026 Consolidated · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 11 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 7 Jun 2024 Consolidated · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 2 Jun 2023 Consolidated · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Jun 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 25 May 2020 Consolidated · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Tuuli Mizer
    Board member · since 6 Jan 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

  • Virge Aasa
    Member of a senior management body (management or supervisory board) · since 3 Aug 2026
  • Tuuli Mizer
    Member of a senior management body (management or supervisory board) · since 5 Jun 2025
  • Kuldar Leis
    Right to appoint or remove most of the management · since 22 Apr 2025
  • Kati Pino
    Member of a senior management body (management or supervisory board) · since 14 Jun 2024
  • Sander Salmu
    Member of a senior management body (management or supervisory board) · since 14 Jun 2024

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 49201Freight rail transport Main
  • 77391Rental and leasing of rail vehicles
Rulings
Number, date Title Deadline State Document
Ä 10123956 / 31
27 Aug 2025
Second (constitutive) merger entry In force
27 Aug 2025
PDF
Ä 10123956 / M8
26 Aug 2025
Ruling to eliminate deficiencies Deficiencies eliminated
27 Aug 2025
PDF
Ä 10123956 / 30
3 Feb 2025
Amendment entry In force
3 Feb 2025
PDF
Ä 10123956 / 29
6 Jan 2025
Amendment entry In force
6 Jan 2025
PDF
Ä 10123956 / 28
17 Dec 2024
Amendment entry In force
17 Dec 2024
PDF
Ä 10123956 / 27
19 Dec 2023
Amendment entry In force
19 Dec 2023
PDF
Ä 10123956 / M7
14 Sep 2023
Ruling to correct data outside an entry 28 Sep 2023 Deficiencies eliminated
26 Sep 2023
PDF
Ä 10123956 / 26
8 Feb 2023
Amendment entry In force
8 Feb 2023
PDF
Ä 10123956 / 25
1 Dec 2022
Amendment entry In force
1 Dec 2022
PDF
Ä 10123956 / 24
3 Jun 2022
Amendment entry In force
3 Jun 2022
PDF
Ä 10123956 / 23
18 Sep 2020
Amendment entry In force
18 Sep 2020
PDF
Ä 10123956 / M6
14 Sep 2020
Ruling to eliminate deficiencies 29 Sep 2020 Deficiencies eliminated
15 Sep 2020
PDF
Ä 10123956 / M5
10 Jun 2020
Procedural ruling 30 Jun 2020 Deficiencies eliminated
11 Jun 2020
PDF
Ä 10123956 / 22
3 Sep 2018
Amendment entry In force
3 Sep 2018
PDF
Ä 10123956 / M4
23 Aug 2018
Ruling to eliminate deficiencies 12 Sep 2018 Deficiencies eliminated
3 Sep 2018
PDF
Ä 10123956 / 21
26 Jun 2018
Amendment entry In force
26 Jun 2018
PDF
Ä 10123956 / 20
31 Jan 2018
Amendment entry In force
31 Jan 2018
PDF
Ä 10123956 / 19
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10123956 / 18
21 Nov 2017
Amendment entry In force
21 Nov 2017
PDF
Ä 10123956 / 17
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10123956 / 16
12 Sep 2016
Amendment entry In force
12 Sep 2016
PDF
Ä 10123956 / 15
7 Mar 2016
Amendment entry In force
7 Mar 2016
PDF
Ä 10123956 / 14
30 Dec 2015
Amendment entry In force
30 Dec 2015
PDF
Ä 10123956 / M3
7 Dec 2015
Refund of the state fee In force
7 Dec 2015
PDF
Ä 10123956 / 13
7 Dec 2015
Amendment entry In force
7 Dec 2015
PDF
Ä 10123956 / M2
5 Nov 2015
Ruling to eliminate deficiencies 5 Dec 2015 Deficiencies eliminated
7 Dec 2015
PDF
Ä 10123956 / 12
21 Feb 2013
Amendment entry In force
21 Feb 2013
PDF
Ä 10123956 / 11
9 Nov 2012
Amendment entry In force
9 Nov 2012
PDF
Ä 10123956 / 9
3 Sep 2012
Third (informative) division entry In force
3 Sep 2012
PDF
Ä 10123956 / 8
3 Sep 2012
First (declaratory) division entry In force
3 Sep 2012
PDF
Ä 10123956 / 10
3 Sep 2012
Third (informative) division entry In force
3 Sep 2012
PDF
Ä 10123956 / 7
6 Feb 2012
Amendment entry In force
6 Feb 2012
PDF
Ä 10123956 / 6
16 Jun 2011
Amendment entry In force
16 Jun 2011
PDF
Ä 123956 / 5
4 Dec 2009
Amendment entry In force
4 Dec 2009
PDF
Ä 123956 / 4
3 Apr 2009
Amendment entry In force
3 Apr 2009
PDF
Ä 123956 / 3
27 Jan 2009
Note on registration of shares in the Estonian central register of securities In force
27 Jan 2009
PDF
Ä 123956 / 2
14 Jan 2009
Third (informative) division entry In force
14 Jan 2009
PDF
Ä 123956
14 Jan 2009
First (declaratory) division entry In force
14 Jan 2009
PDF
Ä 123956 / M1
9 Jan 2009
Ruling to eliminate deficiencies (to be served) In force
12 Jan 2009
PDF

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