Ardor OÜ

Active Registry code 12519842 OÜ Sõmeru alevik Registered 13 Aug 2013
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Ardor OÜ is a OÜ based in Sõmeru alevik, registry code 12519842, status: active. Main activity: Manufacture of solid fuels from vegetable biomass. According to EMTA, turnover for Q3 2026 was €4 384 128 with 20 employees.

Turnover
4 384 128 €
↑ 84.2% vs Q2 2026
State taxes
0 €
Labour taxes
81 942 €
↑ 0.4% vs Q2 2026
Employees
20
±0 vs Q2 2026

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

Position in the industry Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials · EMTAK 16

  • Turnover · Q3 2026 4.4 mn €
    industry median 42 609 € · companies in the industry: 968
  • Labour taxes per employee 4 097 €
    industry median 1 604 € · companies in the industry: 774
  • Revenue · 2024 10.9 mn €
    industry median 39 981 € · companies in the industry: 1 412
  • Net profit margin · 2024 11.5 %
    industry median 1.6 % · companies in the industry: 1 114

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 4 384 128 € · +84.2% vs Q2 2026 · industry median 42 609 € · above 94% of the industry
02 0004 0006 0008 000Q4 2023 Company: 3 236 598 € Industry median: 43 427 €Q4·23Q1 2024 Company: 2 626 477 € Industry median: 39 178 €Q2 2024 Company: 1 927 707 € Industry median: 42 653 €Q2·24Q3 2024 Company: 2 452 816 € Industry median: 38 674 €Q4 2024 Company: 3 167 058 € Industry median: 45 211 €Q4·24Q1 2025 Company: 6 267 653 € Industry median: 37 584 €Q2 2025 Company: 3 725 258 € Industry median: 43 322 €Q2·25Q3 2025 Company: 2 277 860 € Industry median: 41 462 €Q4 2025 Company: 4 229 542 € Industry median: 42 366 €Q4·25Q1 2026 Company: 4 498 834 € Industry median: 42 117 €Q2 2026 Company: 2 380 677 € Industry median: 49 062 €Q2·26Q3 2026 Company: 4 384 128 € Industry median: 42 609 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 3 167 058 € Industry median: 45 211 €Q1 2025 Company: 6 267 653 € Industry median: 37 584 €Q1·25Q2 2025 Company: 3 725 258 € Industry median: 43 322 €Q3 2025 Company: 2 277 860 € Industry median: 41 462 €Q3·25Q4 2025 Company: 4 229 542 € Industry median: 42 366 €Q1 2026 Company: 4 498 834 € Industry median: 42 117 €Q1·26Q2 2026 Company: 2 380 677 € Industry median: 49 062 €Q3 2026 Company: 4 384 128 € Industry median: 42 609 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 097 € · +0.4% vs Q2 2026 · industry median 1 604 € · above 91% of the industry
02 0004 0006 000Q4 2023 Company: 4 277 € Industry median: 1 444 €Q4·23Q1 2024 Company: 4 659 € Industry median: 1 344 €Q2 2024 Company: 4 902 € Industry median: 1 393 €Q2·24Q3 2024 Company: 4 298 € Industry median: 1 466 €Q4 2024 Company: 4 876 € Industry median: 1 526 €Q4·24Q1 2025 Company: 5 144 € Industry median: 1 531 €Q2 2025 Company: 5 211 € Industry median: 1 528 €Q2·25Q3 2025 Company: 4 696 € Industry median: 1 626 €Q4 2025 Company: 4 895 € Industry median: 1 635 €Q4·25Q1 2026 Company: 4 973 € Industry median: 1 561 €Q2 2026 Company: 4 081 € Industry median: 1 556 €Q2·26Q3 2026 Company: 4 097 € Industry median: 1 604 €Q3·2602 0004 0006 000Q4 2024 Company: 4 876 € Industry median: 1 526 €Q1 2025 Company: 5 144 € Industry median: 1 531 €Q1·25Q2 2025 Company: 5 211 € Industry median: 1 528 €Q3 2025 Company: 4 696 € Industry median: 1 626 €Q3·25Q4 2025 Company: 4 895 € Industry median: 1 635 €Q1 2026 Company: 4 973 € Industry median: 1 561 €Q1·26Q2 2026 Company: 4 081 € Industry median: 1 556 €Q3 2026 Company: 4 097 € Industry median: 1 604 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 20 · +0.0% vs Q2 2026
05101520Q4 2023 Company: 17Q4·23Q1 2024 Company: 18Q2 2024 Company: 17Q2·24Q3 2024 Company: 18Q4 2024 Company: 17Q4·24Q1 2025 Company: 17Q2 2025 Company: 17Q2·25Q3 2025 Company: 18Q4 2025 Company: 18Q4·25Q1 2026 Company: 20Q2 2026 Company: 20Q2·26Q3 2026 Company: 20Q3·2605101520Q4 2024 Company: 17Q1 2025 Company: 17Q1·25Q2 2025 Company: 17Q3 2025 Company: 18Q3·25Q4 2025 Company: 18Q1 2026 Company: 20Q1·26Q2 2026 Company: 20Q3 2026 Company: 20Q3·26
State taxes, € thousand Q3 2026: 0 €
050100150200Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 168 922 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 0 €Q3·260.00.00.00.00.00.0Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 4 384 128 — 81 942 20
Q2 2026 2 380 677 — 81 622 20
Q1 2026 4 498 834 — 99 463 20
Q4 2025 4 229 542 — 88 106 18
Q3 2025 2 277 860 — 84 534 18
Q2 2025 3 725 258 — 88 580 17
Q1 2025 6 267 653 — 87 444 17
Q4 2024 3 167 058 — 82 892 17
Q3 2024 2 452 816 — 77 371 18
Q2 2024 1 927 707 — 83 342 17
Q1 2024 2 626 477 168 922 83 854 18
Q4 2023 3 236 598 — 72 701 17
Q3 2023 2 930 672 — 77 238 16
Q2 2023 2 547 753 — 78 076 16
Q1 2023 4 659 243 157 503 77 549 16
Q4 2022 3 585 730 — 63 578 16
Q3 2022 3 236 466 — 56 628 16
Q2 2022 3 051 937 — 55 490 15
Q1 2022 2 450 706 — 55 731 15
Labour taxes per employee per month
1 366 €
Turnover per employee in the quarter
219 206 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2024: 10 948 736 € · −11.4% vs 2023 · industry median 39 981 € · above 98% of the industry
05 00010 00015 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 9 187 447 € Industry median: 60 904 €20192020 Company: 8 021 533 € Industry median: 53 378 €20202021 Company: 14 700 140 € Industry median: 56 581 €20212022 Company: 12 950 077 € Industry median: 60 349 €20222023 Company: 12 359 084 € Industry median: 46 749 €20232024 Company: 10 948 736 € Industry median: 39 981 €20242025 Company: — Industry median: 44 569 €202505 00010 00015 0002018 Company: — Industry median: —2019 Company: 9 187 447 € Industry median: 60 904 €20192020 Company: 8 021 533 € Industry median: 53 378 €2021 Company: 14 700 140 € Industry median: 56 581 €20212022 Company: 12 950 077 € Industry median: 60 349 €2023 Company: 12 359 084 € Industry median: 46 749 €20232024 Company: 10 948 736 € Industry median: 39 981 €2025 Company: — Industry median: 44 569 €2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2024: 1 258 812 € · −50.6% vs 2023 · industry median 21 € · above 98% of the industry
01 0002 0003 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 347 618 € Industry median: 1 078 €20192020 Company: 384 269 € Industry median: 611 €20202021 Company: 1 139 186 € Industry median: 1 731 €20212022 Company: 2 214 454 € Industry median: 1 354 €20222023 Company: 2 546 639 € Industry median: 156 €20232024 Company: 1 258 812 € Industry median: 21 €20242025 Company: — Industry median: 162 €202501 0002 0003 0002018 Company: — Industry median: —2019 Company: 1 347 618 € Industry median: 1 078 €20192020 Company: 384 269 € Industry median: 611 €2021 Company: 1 139 186 € Industry median: 1 731 €20212022 Company: 2 214 454 € Industry median: 1 354 €2023 Company: 2 546 639 € Industry median: 156 €20232024 Company: 1 258 812 € Industry median: 21 €2025 Company: — Industry median: 162 €2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2024: 11.5 % · −9.1 pp vs the year before · industry median 1.6 % · above 77% of the industry
05101520252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 14.7 % Industry median: 3.8 %20192020 Company: 4.8 % Industry median: 3.5 %20202021 Company: 7.7 % Industry median: 5.3 %20212022 Company: 17.1 % Industry median: 5.2 %20222023 Company: 20.6 % Industry median: 2.4 %20232024 Company: 11.5 % Industry median: 1.6 %20242025 Company: — Industry median: 2.0 %202505101520252018 Company: — Industry median: —2019 Company: 14.7 % Industry median: 3.8 %20192020 Company: 4.8 % Industry median: 3.5 %2021 Company: 7.7 % Industry median: 5.3 %20212022 Company: 17.1 % Industry median: 5.2 %2023 Company: 20.6 % Industry median: 2.4 %20232024 Company: 11.5 % Industry median: 1.6 %2025 Company: — Industry median: 2.0 %2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2024: 10 129 963 € · +10.9% vs 2023
02 5005 0007 50010 00012 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 5 269 627 €20192020 Company: 7 165 462 €20202021 Company: 5 817 312 €20212022 Company: 7 941 023 €20222023 Company: 9 133 473 €20232024 Company: 10 129 963 €20242025 Company: —202502 5005 0007 50010 00012 5002018 Company: —2019 Company: 5 269 627 €20192020 Company: 7 165 462 €2021 Company: 5 817 312 €20212022 Company: 7 941 023 €2023 Company: 9 133 473 €20232024 Company: 10 129 963 €2025 Company: —2025
Equity, € thousand 2024: 9 321 271 € · +10.1% vs 2023
02 0004 0006 0008 00010 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 3 777 911 €20192020 Company: 4 162 180 €20202021 Company: 4 901 366 €20212022 Company: 6 715 820 €20222023 Company: 8 462 459 €20232024 Company: 9 321 271 €20242025 Company: —202502 0004 0006 0008 00010 0002018 Company: —2019 Company: 3 777 911 €20192020 Company: 4 162 180 €2021 Company: 4 901 366 €20212022 Company: 6 715 820 €2023 Company: 8 462 459 €20232024 Company: 9 321 271 €2025 Company: —2025
Employees 2025: 17 · −5.6% vs 2024 · industry median 3 · above 81% of the industry
051015202016 Company: 11 Industry median: —20162017 Company: 12 Industry median: —20172018 Company: 12 Industry median: 420182019 Company: 12 Industry median: 420192020 Company: 12 Industry median: 420202021 Company: 12 Industry median: 420212022 Company: 14 Industry median: 420222023 Company: 17 Industry median: 320232024 Company: 18 Industry median: 320242025 Company: 17 Industry median: 32025051015202018 Company: 12 Industry median: 42019 Company: 12 Industry median: 420192020 Company: 12 Industry median: 42021 Company: 12 Industry median: 420212022 Company: 14 Industry median: 42023 Company: 17 Industry median: 320232024 Company: 18 Industry median: 32025 Company: 17 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (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 — — — — — 17
2024 10 948 736 1 258 812 797 825 10 129 963 9 321 271 18
2023 12 359 084 2 546 639 746 999 9 133 473 8 462 459 17
2022 12 950 077 2 214 454 598 966 7 941 023 6 715 820 14
2021 14 700 140 1 139 186 509 214 5 817 312 4 901 366 12
2020 8 021 533 384 269 487 752 7 165 462 4 162 180 12
2019 9 187 447 1 347 618 430 185 5 269 627 3 777 911 12
2018 — — — — — 12
2017 — — — — — 12
2016 — — — — — 11
2015 — — — — — 10
2014 — — — — — 9

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2024

Net profit margin
11.3 %
Net profit / revenue
Return on equity (ROE)
13.5 %
Net profit / equity
Return on assets (ROA)
12.4 %
Net profit / assets
Equity ratio
92.0 %
Equity / assets
Debt ratio
8.0 %
Liabilities / assets
Current ratio
7.78
Current assets / current liabilities
Revenue per employee
620 525 €
Revenue / average full-time employees
Labour cost per employee per month
3 694 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 29 Sep 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 24 Oct 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 22 Nov 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 24 Sep 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 6 Jan 2021 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 3 000 000 € Swedbank AS 31 Oct 2013 – in force

Board

  • Kuido Kuntro
    Board member · since 13 Aug 2013
  • Nasdaq CSD SE
    Keeper of the share register · since 28 Sep 2017

Right of representation

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

Owners

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 16261Manufacture of solid fuels from vegetable biomass Main
Rulings
Number, date Title Deadline State Document
Ä 20064836 / M2
10 Jul 2024
Warning of a fine: annual report not filed 9 Aug 2024 Deficiencies eliminated
2 Oct 2024
PDF
Ä 20064836 / M1
11 Oct 2023
Warning of a fine: annual report not filed 10 Nov 2023 Deficiencies eliminated
25 Oct 2023
PDF
Ä 20064836 / 10
7 Oct 2019
Amendment entry In force
7 Oct 2019
PDF
Ä 20064836 / 9
19 Aug 2019
Amendment entry In force
19 Aug 2019
PDF
Ä 20064836 / 8
7 Aug 2019
Amendment entry In force
7 Aug 2019
PDF
Ä 20064836 / 7
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20064836 / 6
19 Dec 2017
Amendment entry In force
19 Dec 2017
PDF
Ä 20064836 / 5
6 Dec 2017
Amendment entry In force
6 Dec 2017
PDF
Ä 20064836 / 4
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20064836 / 2
31 Oct 2013
Amendment entry In force
31 Oct 2013
PDF
K 20064836 / 3
31 Oct 2013
Commercial pledge entered In force
31 Oct 2013
PDF
Ä 20064836
13 Aug 2013
First entry In force
13 Aug 2013
PDF

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