aktsiaselts FÖRMANN NT

Registered
10086633Public limited company (AS)Founded 1996
Qualified audit opinion. 2024 report: Qualified.

Key figures

6 934 099 €+6,4%
Revenue 2025
+6,7%
Average annual growth 2019–2025
02 m4 m6 m8 m2019202020212022202320242025

Ratios

2025

Summary: aktsiaselts FÖRMANN NT

What kind of company is it?

Aktsiaselts FÖRMANN NT (registry code 10086633) is a public limited company (AS). The company was entered in the Commercial Register in 1996 and has been registered for 30 years. Registered location: Vastseliina alevik, Võru vald, Võru maakond. According to the latest annual report, the main activity is sawing and planing of wood (EMTAK 16111). The company is registered for VAT (VAT number EE100413115).

How is the company doing financially?

Revenue in financial year 2025 was 6 934 099 €, up 6,4% on the previous year (6 517 892 €). From 2019 to 2025, revenue grew by an average of 6,7% per year. Net profit for financial year 2025 was 573 468 € (8,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 41 employees (42 a year earlier). Revenue per employee was 169 124 €. At the end of financial year 2025, total assets were 8 530 181 € and equity 8 074 247 € (94,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 1 615 539 €, down 11,9% on the same quarter a year earlier. The company had 40 employees in that quarter. Labour taxes paid in the quarter: 101 496 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1650 € per month.

Who runs the company and who owns it?

The company has one management board member. The supervisory board has 3 members. The sole owner of the company is a private individual.

Where does the data come from and how fresh is it?

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 16.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20261 615 539 €40101 496 €
Q2 20262 113 134 €4285 989 €
Q1 20261 841 416 €4290 701 €
Q4 20251 966 222 €4196 564 €
Q3 20251 834 609 €45100 808 €
Q2 20252 234 848 €4388 149 €
Q1 20251 814 797 €4592 038 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 6000 € (<1% of distributable profit).

History
20256000 €
202420 000 €
20230 €
202230 000 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue6 992 0337 449 8505 535 3646 517 8926 934 099
Net profit1 613 2981 278 904148 994834 123573 468
Retained earnings3 519 8855 103 1836 382 0876 511 0817 339 204
Total assets6 238 7807 525 1757 353 9247 956 3558 530 181
Total liabilities944 022981 513661 268449 576455 934
Total equity5 294 7586 543 6626 692 6567 506 7798 074 247
Employees4643414241
Average gross salary (monthly)10321220128813971484
Calculated dividend030 000020 0006000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligationsAll clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%aktsiaselts FÖRMANN NT2Taavi NassarHenni NassarHele NassarKädi Nassar
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

25 records

State aid and de minimis aid in total 342 299 € (2018–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (301 114 €), Eesti Töötukassa (35 941 €), SA Keskkonnainvesteeringute Keskus (5238 €), Põllumajanduse Registrite ja Informatsiooni Amet (7 €).

Show all aid records (25)
20261115 €
2025191 708 €
202495 199 €
202322 463 €
20228198 €
20212297 €
20204948 €
201912 867 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusT&A VTA1115 €28.09.2026
Ettevõtluse ja Innovatsiooni SihtasutusMuu190 805 €16.10.2025
Eesti TöötukassaPalgatoetus VTA903 €14.10.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu49 895 €27.12.2024
SA Keskkonnainvesteeringute KeskusMetsa uuendamine2376 €14.10.2024
Ettevõtluse ja Innovatsiooni SihtasutusKomisjoni teatise jaotis 2.1 "Piiratud abisummad"40 341 €24.05.2024
SA Keskkonnainvesteeringute KeskusErametsaomanike nõustamine100 €07.05.2024
Eesti TöötukassaPalgatoetus VTA2487 €01.01.2024
SA Keskkonnainvesteeringute KeskusÜraskikahjustuste ennetamise toetus240 €23.11.2023
Ettevõtluse ja Innovatsiooni SihtasutusMuu18 959 €20.10.2023
Eesti TöötukassaPalgatoetus VTA3264 €30.03.2023
Eesti TöötukassaNõustamine VTA491 €10.06.2022
Eesti TöötukassaPalgatoetus VTA6805 €18.03.2022
SA Keskkonnainvesteeringute KeskusMetsa uuendamine902 €16.03.2022
Eesti TöötukassaTugiisikuga töötamine VTA2291 €13.12.2021
Eesti TöötukassaTugiisikuga töötamine VTA2602 €27.10.2020
Eesti TöötukassaTugiisikuga töötamine VTA2346 €08.10.2020
Eesti TöötukassaTugiisikuga töötamine VTA2441 €29.10.2019
Eesti TöötukassaPalgatoetus VTA3153 €21.10.2019
SA Keskkonnainvesteeringute KeskusMetsa uuendamine1296 €17.10.2019
Eesti TöötukassaTugiisikuga töötamine VTA2385 €10.10.2019
Eesti TöötukassaPalgatoetus VTA3269 €04.10.2019
SA Keskkonnainvesteeringute KeskusMetsa inventeerimine323 €03.04.2019
Eesti TöötukassaPalgatoetus VTA3504 €06.09.2018

The total also includes 1 tax reductions worth 7 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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