aktsiaselts TERRAX
RegisteredKey figures
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2025Summary: aktsiaselts TERRAX
What kind of company is it?
Aktsiaselts TERRAX (registry code 10149938) is a public limited company (AS). The company was entered in the Commercial Register in 1997 and has been registered for 29 years. Registered location: Teedla küla, Elva vald, Tartu maakond. According to the latest annual report, the main activity is raising of dairy cattle (EMTAK 01411). The company is registered for VAT (VAT number EE100271386).
How is the company doing financially?
Revenue in financial year 2025 was 2 021 002 €, up 19,8% on the previous year (1 687 046 €). From 2019 to 2025, revenue grew by an average of 13,7% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 284 620 € (14,1% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 10 employees (11 a year earlier). Revenue per employee was 202 100 €. At the end of financial year 2025, total assets were 3 256 736 € and equity 1 556 987 € (47,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 509 474 €, up 4,5% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 25 159 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2250 € 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 AGROFARM HOLDING OÜ.
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 30.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 509 474 € | 7 | 25 159 € |
| Q2 2026 | 469 492 € | 9 | 27 120 € |
| Q1 2026 | 500 669 € | 9 | 32 122 € |
| Q4 2025 | 617 238 € | 9 | 29 445 € |
| Q3 2025 | 487 406 € | 9 | 28 447 € |
| Q2 2025 | 498 729 € | 10 | 31 283 € |
| Q1 2025 | 480 390 € | 11 | 38 891 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 1 053 915 | 1 684 741 | 1 441 857 | 1 687 046 | 2 021 002 |
| Net profit | 80 933 | 290 041 | −79 097 | 3514 | 284 620 |
| Retained earnings | 943 016 | 1 023 949 | 1 313 990 | 1 234 893 | 1 238 407 |
| Total assets | 2 479 662 | 2 653 841 | 2 453 258 | 2 520 708 | 3 256 736 |
| Total liabilities | 1 421 753 | 1 305 891 | 1 184 405 | 1 248 341 | 1 699 749 |
| Total equity | 1 057 909 | 1 347 950 | 1 268 853 | 1 272 367 | 1 556 987 |
| Employees | 11 | 13 | 13 | 11 | 10 |
| Average gross salary (monthly) | 1111 | 1180 | 1554 | 1691 | 1720 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 |
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 clear1 for information
Data from public registers, not a credit rating.
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State aid and grants
5 recordsState aid and de minimis aid in total 46 240 € (2016–2022). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (31 817 €), Maaelu Edendamise SA (14 423 €).
Show all aid records (5)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Põllumajanduse Registrite ja Informatsiooni Amet | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" (p/m esmatootmine) | 10 383 € | 21.01.2022 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" (p/m esmatootmine) | 14 189 € | 03.06.2021 |
| Maaelu Edendamise SA | Põllumajanduslik VTA · Soft loan | 14 423 €* | 05.01.2021 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Koolitus VTA | 28 € | 03.11.2016 |
The total also includes 1 tax reductions worth 7217 € (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 ↗
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