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Finsterwalder Transport & Logistik AS

Legal form:

Public limited company

Registry code:

10136924

VAT no.:

EE100002403

Fiscal-year period:

01.01 - 31.12

Established:

06.11.1996 (29)

Former business names:

aktsiaselts Hazelaar Eesti, AS HAZELAAR TRANSPORT, Penske Logistics Europe AS, VAN DER GRAAFF AS

Capital:

1 100 000 EUR

Address:

Tähe tn 116, Tartu linn, Tartu linn, Tartu maakond, 50107

Status:

Registered

Contacts

Email:

madis.jarv@finsterwalder.com

Phone:

+372 7314400

Industries

REAL ESTATE ACTIVITIES
Real estate activities
68201 - Renting and operating of own or leased real estate

VAT liability

	Start	End
EE100002403	06.11.1996

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	07.04.2026	Valid
2024	01.01.2024 - 31.12.2024	02.04.2025	Valid
2023	01.01.2023 - 31.12.2023	21.05.2024	Valid
2022	01.01.2022 - 31.12.2022	19.06.2023	Valid
2021	01.01.2021 - 31.12.2021	01.04.2022	Valid
2020	01.01.2020 - 31.12.2020	01.04.2021	Valid
2019	01.01.2019 - 31.12.2019	29.06.2020	Valid
2018	01.01.2018 - 31.12.2018	05.04.2019	Valid
2017	01.01.2017 - 31.12.2017	17.04.2018	Valid
2016	01.01.2016 - 31.12.2016	19.04.2017	Valid
2015	01.01.2015 - 31.12.2015	10.05.2016	Valid
2014	01.01.2014 - 31.12.2014	16.04.2015	Valid
2013	01.01.2013 - 31.12.2013	08.04.2014	Valid
2012	01.01.2012 - 31.12.2012	28.05.2013	Valid
2011	01.01.2011 - 31.12.2011	05.04.2012	Valid
2010	01.01.2010 - 31.12.2010	07.03.2011	Valid
2009	01.01.2009 - 31.12.2009	27.08.2010	Valid
2008	01.01.2008 - 31.12.2008	10.03.2010	Valid
2007	01.01.2007 - 31.12.2007	08.05.2009	Valid
2006	01.01.2006 - 31.12.2006	21.02.2008	Valid
2005	01.01.2005 - 31.12.2005	22.11.2006	Valid
2004	01.01.2004 - 31.12.2004	30.08.2005	Valid
2003	01.01.2003 - 31.12.2003	22.06.2004	Valid
2002	01.01.2002 - 31.12.2002	22.05.2003	Valid
2001	01.01.2001 - 31.12.2001	13.06.2002	Valid
2000	01.01.2000 - 31.12.2000	28.06.2001	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 07.06.2026.

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	86 051 €	90 744 €	1 437 717 €7.7%	38
Kokku 2026:	86 051 €	90 744 €	1 437 717 €
2025 Q4	97 746 €	101 922 €	1 557 310 €3.1%	37
2025 Q3	107 154 €	112 512 €	1 510 361 €1.1%	39
2025 Q2	95 797 €	99 182 €	1 494 374 €1.8%	42
2025 Q1	97 776 €	102 436 €	1 467 568 €0.3%	41
Kokku 2025:	398 473 €	416 052 €	6 029 613 €2.5%
2024 Q4	84 389 €	88 486 €	1 472 132 €1.2%	39
2024 Q3	94 084 €	97 666 €	1 454 432 €2.2%	40
2024 Q2	91 121 €	95 080 €	1 487 323 €1.1%	39
2024 Q1	84 864 €	89 090 €	1 471 515 €13.4%	38
Kokku 2024:	354 458 €	370 322 €	5 885 402 €6.8%
2023 Q4	86 682 €	89 587 €	1 298 120 €4.4%	38
2023 Q3	97 550 €	102 129 €	1 357 210 €6.5%	38
2023 Q2	81 519 €	84 980 €	1 451 805 €3.4%	39
2023 Q1	79 324 €	82 838 €	1 403 977 €1.8%	41
Kokku 2023:	345 076 €	359 535 €	5 511 112 €7.0%
2022 Q4	73 470 €	77 075 €	1 430 353 €7.6%	47
2022 Q3	83 872 €	87 815 €	1 328 808 €2.6%	47
2022 Q2	73 367 €	76 226 €	1 295 077 €18.4%	46
2022 Q1	66 029 €	68 464 €	1 094 131 €0.3%	46
Kokku 2022:	296 738 €	309 581 €	5 148 370 €27.2%
2021 Q4	62 779 €	65 747 €	1 097 760 €3.8%	43
2021 Q3	67 599 €	70 733 €	1 057 146 €12.0%	45
2021 Q2	54 539 €	57 854 €	943 753 €0.6%	44
2021 Q1	56 927 €	59 894 €	948 995 €12.2%	38
Kokku 2021:	241 844 €	254 228 €	4 047 654 €10.8%
2020 Q4	58 349 €	62 045 €	1 080 555 €5.4%	42
2020 Q3	71 028 €	75 296 €	1 025 196 €4.8%	47
2020 Q2	65 015 €	69 261 €	1 077 015 €20.4%	49
2020 Q1	83 218 €	89 052 €	1 352 495 €17.3%	55
Kokku 2020:	277 610 €	295 653 €	4 535 261 €39.3%
2019 Q4	87 768 €	93 515 €	1 635 006 €0.5%	59
2019 Q3	107 212 €	114 609 €	1 642 981 €26.9%	77
2019 Q2	102 788 €	110 159 €	2 246 375 €15.2%	78
2019 Q1	103 972 €	111 081 €	1 949 782 €6.2%	76
Kokku 2019:	401 740 €	429 364 €	7 474 144 €8.2%
2018 Q4	103 328 €	110 421 €	2 077 642 €2.1%	77
2018 Q3	117 344 €	125 190 €	2 034 414 €0.7%	78
2018 Q2	104 975 €	112 807 €	2 049 434 €3.3%	78
2018 Q1	110 530 €	118 682 €	1 983 566 €1.8%	74
Kokku 2018:	436 177 €	467 100 €	8 145 056 €5.6%
2017 Q4	107 330 €	114 771 €	2 019 695 €7.3%	78
2017 Q3	135 713 €	145 287 €	2 179 707 €7.1%	76
2017 Q2	128 532 €	135 681 €	2 345 380 €12.4%	86
2017 Q1	128 698 €	138 353 €	2 086 949 €25.9%	90
Kokku 2017:	500 273 €	534 092 €	8 631 731 €24.7%
2016 Q4	126 403 €	134 805 €	1 657 173 €10.6%	89
2016 Q3	140 409 €	150 821 €	1 854 065 €12.4%	89
2016 Q2	125 085 €	134 148 €	1 649 103 €6.4%	89
2016 Q1	133 402 €	143 371 €	1 762 482 €11.2%	89
Kokku 2016:	525 299 €	563 145 €	6 922 823 €9.3%
2015 Q4	132 789 €	142 410 €	1 985 133 €3.8%	98
2015 Q3	138 032 €	147 986 €	2 062 870 €15.0%	98
2015 Q2	119 921 €	128 655 €	1 793 400 €0.3%	98
2015 Q1	118 872 €	128 311 €	1 788 610 €	98
Kokku 2015:	509 614 €	547 362 €	7 630 013 €

Revenue by industry

	2023	2024	2025
Renting and operating of own or leased real estate			4 003 891 €
Freight transport by road	3 584 077 €	3 635 758 €

Tax debts

No tax debt found

No tax debt as of 07.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Oliver Menk	-	07.04.1976 (50)	Board member	21.12.2016	-
Madis Järv	35410XXXXXX	18.10.1954 (71)	Board member	15.09.2006	-

2 inactive record hidden, extended access to the information portal is required to view history!

1 - 2 / 2 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
FIWA AG	DEHRBXXXX	-	Shareholder	1 100 000,00 EUR	100	Sole ownership	16.08.2023	-

7 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
OÜ E-Audit	-	-	Audit firm	20.03.2023	-
Klaus Finsterwalder	-	05.08.1953 (72)	Chairman of the supervisory board	21.10.2022	-
Anja Sati	-	06.01.1969 (57)	Supervisory-board member	21.10.2022	-
Kaire Reinhold	47107XXXXXX	25.07.1971 (54)	Supervisory-board member	21.10.2022	-
Michael Finsterwalder	-	22.05.1979 (47)	Supervisory-board member	21.10.2022	-

8 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 5 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Klaus Finsterwalder	-	05.08.1953 (72)	Indirect holding	29.10.2018	-

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q1

Turnover

Amount

1 437 717 €

Monthly average

479 239 €

Per employee

12 612 €

Equity ratio

43,57%

Labour taxes

Turnover ratio

6,31%

Tax ratio

105,45%

Monthly average

30 248 €

Per employee

807 €

State taxes

Monthly average

28 684 €

Turnover ratio

5,99%

Estimated salary

Gross salary

1 600 €

Net salary

1 334 €

Aggregate data

	2025	2024	2023	2022	2021	2020	2019
Current assets	817 507 €4.5%	782 530 €16.1%	674 159 €18.6%	828 480 €27.2%	651 149 €12.9%	747 654 €46.9%	1 408 105 €
Non-current assets	10 592 €75.0%	42 370 €42.9%	74 148 €	-	-	-	-
Total assets	828 099 €0.4%	824 900 €10.2%	748 307 €9.7%	828 480 €27.2%	651 149 €12.9%	747 654 €46.9%	1 408 105 €
Short-term liabilities	270 068 €0.2%	269 575 €38.9%	194 056 €26.8%	265 035 €26.8%	209 064 €23.3%	272 475 €74.0%	1 048 780 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	270 068 €0.2%	269 575 €38.9%	194 056 €26.8%	265 035 €26.8%	209 064 €23.3%	272 475 €74.0%	1 048 780 €
Share or stock capital	1 100 000 €	1 100 000 €	1 100 000 €	1 100 000 €	1 100 000 €	1 100 000 €	1 100 000 €
Retained earnings	-544 675 €0.2%	-545 749 €1.7%	-536 555 €18.4%	-657 915 €5.3%	-624 821 €15.6%	-740 675 €9.0%	-814 020 €
Net profit	2 706 €152.0%	1 074 €111.7%	-9 194 €107.6%	121 360 €466.7%	-33 094 €128.6%	115 854 €58.0%	73 345 €
Equity	558 031 €0.5%	555 325 €0.2%	554 251 €1.6%	563 445 €27.5%	442 085 €7.0%	475 179 €32.2%	359 325 €
Turnover	4 008 891 €10.3%	3 635 758 €1.4%	3 584 077 €1.3%	3 537 599 €23.3%	2 869 425 €8.2%	3 127 302 €42.4%	5 427 151 €
Profit margin	0.07%128.5%	0.03%111.5%	-0.26%107.5%	3.43%397.4%	-1.15%131.1%	3.70%174.1%	1.35%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	DM RZM	JG PPN	-	-	-
Liquidity
Current ratio	P.C	L.J	A.B	3.1	2.7
Quick ratio	H.C	O.U	N.R	3.1	2.7
Cash ratio	Y.G	P.Y	E.M	0.4	0.2
Efficiency
Days sales outstanding (dso)	HE.Z	DM.F	RK.C	80.4	119.3
Asset turnover	I.O	L.L	A.L	4.1	2.9
Structure
Debt ratio	B.F	H.P	M.B	0.3	0.4
Profitability
Operating margin	O.I%	-N.P%	H.B%	-1.2%	3.7%
Net profit margin	J.Z%	-Q.X%	Z.O%	-1.2%	3.7%
Return on assets (roa)	D.K%	-N.T%	JQ.W%	-4.7%	10.7%
Return on equity (roe)	O.T%	-X.J%	JU.F%	-7.5%	24.4%

To view all financial ratios, you need to subscribe to extended access to the info portal!

Licences & notices

Type	Number	Field	Status	Start	End
License	RVSK084174	Transport > Certified copy of Community licence (freight transport)	Valid	13.05.2026	15.04.2031
License	RVSK084181	Transport > Certified copy of Community licence (freight transport)	Valid	13.05.2026	15.04.2031
License	RVSK084182	Transport > Certified copy of Community licence (freight transport)	Valid	13.05.2026	15.04.2031
License	RVSK084183	Transport > Certified copy of Community licence (freight transport)	Valid	13.05.2026	15.04.2031
License	RVSK084184	Transport > Certified copy of Community licence (freight transport)	Valid	13.05.2026	15.04.2031

1 - 5 / 22 rows

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 20002847 / M22	15.05.2026	Order to remedy deficiencies - Amendment entry	14.06.2026	Entered into force (02.06.2026)
Ä 20002847 / 22	13.04.2026	Entry - Amendment entry under NSPA § 595¹ (1)		Entered into force (13.04.2026)
Ä 20002847 / M21	29.11.2022	Order to remedy deficiencies - Amendment entry	11.12.2022	Entered into force (29.11.2022)
Ä 20002847 / M20	14.11.2022	Order to remedy deficiencies for correcting extra-entry data - Amendment entry	04.12.2022	Deficiencies remedied (16.11.2022)
Ä 20002847 / M19	04.04.2022	Warning for compulsory dissolution – insufficient net assets	04.10.2022	Deficiencies remedied (19.10.2022)

1 - 5 / 33 rows

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

No public transactions found

Company has no public transactions

.ee domains

Domain	Status	Registered	Expires	End
finsterwalder.ee	Active	22.12.2011	23.12.2026	-

1 - 1 / 1 rows

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders