General information

Contacts

Industries

Jah

VAT liability

Annual reports

✓

Unsubmitted declarations

???

Credit rating

Tax data

✓

Tax debts

Related persons

Holdings in companies

Statistics

Summary of reports

Licenses

Regulations

Real estate

TTJA decisions

Court decisions

Official announcements

937

Public transactions

.ee domains

✓

Enforcement proceedings

✓

Payment orders

Aktsiaselts TREF Nord

Legal form:

Public limited company

Registry code:

10217746

VAT no.:

EE100447770

Fiscal-year period:

01.01 - 31.12

Established:

30.05.1997 (29)

Former business names:

Aktsiaselts BALTIFALT

Capital:

102 897,75 EUR

Address:

Lagedi tee 30, Koplimetsa küla, Rae vald, Harju maakond, 75325

Status:

Registered

Contacts

Email:

trefnord@trefnord.ee

Phone:

+372 6349400

Industries

MINING AND QUARRYING
Other mining and quarrying
Mining of stone, sand and clay
08121 - Operation of gravel and sand pits; mining of clay and kaolin
MANUFACTURING
Manufacture of other non-metallic mineral products
Manufacture of abrasive products and other non-metallic mineral products n.e.c.
23911 - Manufacture of abrasive products
CONSTRUCTION
Construction of civil engineering projects
Construction of roads and rail tracks
42111 - Construction of roads and motorways
42131 - Bridge and tunnel construction

VAT liability

	Start	End
EE100447770	01.07.1997

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	Due date 30.06.2026
2024	01.01.2024 - 31.12.2024	30.06.2025	Valid
2023	01.01.2023 - 31.12.2023	29.06.2024	Valid
2022	01.01.2022 - 31.12.2022	30.06.2023	Valid
2021	01.01.2021 - 31.12.2021	30.06.2022	Valid
2020	01.01.2020 - 31.12.2020	30.06.2021	Valid
2019	01.01.2019 - 31.12.2019	30.10.2020	Valid
2018	01.01.2018 - 31.12.2018	28.06.2019	Valid
2017	01.01.2017 - 31.12.2017	06.03.2018	Valid
2016	01.01.2016 - 31.12.2016	30.06.2017	Valid
2015	01.01.2015 - 31.12.2015	03.07.2016	Valid
2014	01.01.2014 - 31.12.2014	19.06.2015	Valid
2013	01.01.2013 - 31.12.2013	20.06.2014	Valid
2012	01.01.2012 - 31.12.2012	21.06.2013	Valid
2011	01.01.2011 - 31.12.2011	14.06.2012	Valid
2011	01.01.2011 - 31.12.2011	28.02.2012	Expired
2010	01.01.2010 - 31.12.2010	08.02.2011	Valid
2009	01.01.2009 - 31.12.2009	16.06.2010	Valid
2008	01.01.2008 - 31.12.2008	14.05.2009	Valid
2007	01.01.2007 - 31.12.2007	30.04.2008	Valid
2006	01.01.2006 - 31.12.2006	11.05.2007	Valid
2005	01.01.2005 - 31.12.2005	18.05.2006	Valid
2004	01.01.2004 - 31.12.2004	15.06.2005	Valid
2003	01.01.2003 - 31.12.2003	31.03.2004	Valid
2002	01.01.2002 - 31.12.2002	25.06.2003	Valid
2001	01.01.2001 - 31.12.2001	24.04.2002	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 05.06.2026.

???

Credit rating

Hidden

Credit rating is based on company financial data and payment behavior. detailed analysis available to regia+ users.

020406080100

? Risk factors

? Strengths

View summary

✓

Tax debt

✓

Unsubmitted reports

✓

Unsubmitted declarations

Court decisions

Official announcements

TTJA decisions

Real estate

.ee domains

Licenses

Regulations

937

Public transactions

Holdings in companies

✓

Enforcement proceedings

✓

Payment orders

Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	1 109 605 €	654 797 €	5 465 452 €61.2%	116
Kokku 2026:	1 109 605 €	654 797 €	5 465 452 €
2025 Q4	1 960 992 €	708 069 €	14 076 647 €3.6%	123
2025 Q3	1 132 286 €	713 728 €	13 589 582 €124.5%	126
2025 Q2	527 627 €	734 958 €	6 054 578 €27.6%	127
2025 Q1	1 778 313 €	795 214 €	8 365 133 €58.3%	117
Kokku 2025:	5 399 218 €	2 951 969 €	42 085 940 €19.8%
2024 Q4	1 880 533 €	652 415 €	20 076 904 €12.9%	121
2024 Q3	783 156 €	634 377 €	17 781 886 €174.4%	123
2024 Q2	426 880 €	497 519 €	6 479 372 €20.4%	123
2024 Q1	1 024 615 €	486 627 €	8 136 218 €32.4%	109
Kokku 2024:	4 115 184 €	2 270 938 €	52 474 380 €76.8%
2023 Q4	1 044 043 €	583 831 €	12 032 366 €8.6%	111
2023 Q3	936 620 €	548 015 €	11 076 137 €244.6%	124
2023 Q2	476 573 €	442 761 €	3 214 145 €4.3%	126
2023 Q1	772 344 €	495 219 €	3 358 080 €79.4%	120
Kokku 2023:	3 229 579 €	2 069 826 €	29 680 729 €29.1%
2022 Q4	1 858 897 €	578 908 €	16 303 377 €15.5%	123
2022 Q3	807 230 €	548 825 €	14 118 985 €144.5%	128
2022 Q2	352 393 €	448 958 €	5 775 039 €1.9%	127
2022 Q1	1 040 533 €	592 213 €	5 669 386 €61.9%	119
Kokku 2022:	4 059 052 €	2 168 903 €	41 866 787 €29.8%
2021 Q4	1 541 418 €	552 004 €	14 889 907 €35.8%	120
2021 Q3	766 831 €	536 138 €	10 967 955 €210.9%	123
2021 Q2	426 443 €	452 327 €	3 527 299 €22.5%	126
2021 Q1	641 695 €	394 379 €	2 878 760 €71.0%	115
Kokku 2021:	3 376 387 €	1 934 848 €	32 263 921 €24.8%
2020 Q4	1 183 505 €	479 221 €	9 921 788 €17.8%	113
2020 Q3	874 583 €	469 639 €	8 423 198 €112.6%	119
2020 Q2	522 178 €	396 404 €	3 961 638 €12.0%	122
2020 Q1	724 516 €	373 573 €	3 537 426 €66.4%	105
Kokku 2020:	3 304 783 €	1 718 836 €	25 844 050 €8.0%
2019 Q4	1 077 998 €	436 314 €	10 520 825 €29.8%	104
2019 Q3	611 067 €	412 805 €	8 102 861 €151.8%	113
2019 Q2	266 634 €	340 537 €	3 217 755 €54.7%	112
2019 Q1	593 202 €	325 275 €	2 079 574 €80.4%	101
Kokku 2019:	2 548 901 €	1 514 931 €	23 921 015 €16.3%
2018 Q4	1 122 751 €	394 224 €	10 589 281 €13.3%	103
2018 Q3	583 106 €	389 786 €	9 345 440 €88.3%	107
2018 Q2	301 710 €	318 310 €	4 964 062 €34.3%	112
2018 Q1	688 141 €	301 596 €	3 695 541 €76.7%	94
Kokku 2018:	2 695 708 €	1 403 916 €	28 594 324 €20.1%
2017 Q4	1 207 512 €	398 806 €	15 863 069 €34.2%	95
2017 Q3	441 392 €	326 976 €	11 819 724 €60.4%	110
2017 Q2	253 355 €	205 223 €	7 369 480 €906.1%	105
2017 Q1	188 857 €	171 617 €	732 503 €84.7%	73
Kokku 2017:	2 091 116 €	1 102 622 €	35 784 776 €117.4%
2016 Q4	502 678 €	239 794 €	4 792 265 €6.3%	73
2016 Q3	525 046 €	225 478 €	4 506 155 €16.0%	73
2016 Q2	346 709 €	194 401 €	3 885 087 €18.6%	73
2016 Q1	190 962 €	163 920 €	3 275 921 €54.9%	73
Kokku 2016:	1 565 395 €	823 593 €	16 459 428 €29.4%
2015 Q4	729 194 €	273 369 €	7 271 025 €7.3%	78
2015 Q3	629 032 €	254 707 €	6 774 653 €84.8%	78
2015 Q2	171 696 €	137 863 €	3 666 856 €34.4%	78
2015 Q1	203 676 €	210 200 €	5 590 847 €	78
Kokku 2015:	1 733 598 €	876 139 €	23 303 381 €

Revenue by industry

	2022	2023	2024
Construction of roads and motorways	32 887 324 €	29 351 992 €	47 003 272 €
Manufacture of abrasive products	1 657 647 €	937 759 €	2 567 943 €
Bridge and tunnel construction	1 418 189 €	1 058 856 €	1 203 891 €
Operation of gravel and sand pits; mining of clay and kaolin	100 794 €	272 209 €	150 021 €

Tax debts

No tax debt found

No tax debt as of 05.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Jaanus Taro	37107XXXXXX	18.07.1971 (54)	Board member	30.11.2017	-

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

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
aktsiaselts TREF	-	25.10.1996 (29)	Shareholder	82 318,20 EUR	80	Sole ownership	05.12.2025	-
Lisaväärtuse OÜ	-	10.07.2003 (22)	Shareholder	20 579,55 EUR	20	Sole ownership	16.08.2023	-

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

1 - 2 / 2 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Andres Gailit	35508XXXXXX	07.08.1955 (70)	Supervisory-board member	20.05.2019	-
Mikk Pääru	36605XXXXXX	16.05.1966 (60)	Supervisory-board member	01.12.2017	-
Andres Bachmann	35508XXXXXX	14.08.1955 (70)	Supervisory-board member	17.11.2017	-
Guido Kruusmaa	35205XXXXXX	06.05.1952 (74)	Supervisory-board member	17.11.2017	-
Krista Lehtsalu	46411XXXXXX	12.11.1964 (61)	Audit firm	10.11.2016	-

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

1 - 5 / 10 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Andres Gailit	35508XXXXXX	07.08.1955 (70)	Member of higher governing body (board or supervisory board)	28.10.2018	-

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

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

2026 Q1

Turnover

Amount

5 465 452 €

Monthly average

1 821 817 €

Per employee

15 705 €

Equity ratio

1 770,51%

Labour taxes

Turnover ratio

11,98%

Tax ratio

59,01%

Monthly average

218 266 €

Per employee

1 826 €

State taxes

Monthly average

369 868 €

Turnover ratio

20,30%

Estimated salary

Gross salary

3 317 €

Net salary

2 612 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	11 055 691 €18.2%	9 352 478 €24.4%	7 519 667 €4.6%	7 882 896 €14.6%	6 878 662 €1.9%	6 750 168 €
Non-current assets	3 610 133 €0.2%	3 618 109 €7.8%	3 923 368 €0.4%	3 907 588 €6.2%	3 680 826 €9.3%	4 058 647 €
Total assets	14 665 824 €13.1%	12 970 587 €13.3%	11 443 035 €2.9%	11 790 484 €11.7%	10 559 488 €2.3%	10 808 815 €
Short-term liabilities	7 845 379 €6.8%	7 344 592 €36.8%	5 368 310 €9.7%	4 893 855 €46.5%	3 341 209 €6.2%	3 562 098 €
Long-term liabilities	436 589 €6.4%	466 235 €38.2%	754 546 €11.6%	853 554 €26.5%	1 160 903 €27.1%	1 591 616 €
Total liabilities	8 281 968 €6.0%	7 810 827 €27.6%	6 122 856 €6.5%	5 747 409 €27.7%	4 502 112 €12.6%	5 153 714 €
Share or stock capital	102 898 €	102 898 €	102 898 €	102 898 €	102 898 €	102 898 €
Retained earnings	4 606 862 €5.4%	4 867 281 €10.5%	5 440 177 €0.3%	5 454 478 €5.9%	5 152 203 €3.8%	4 965 453 €
Net profit	1 674 096 €783.1%	189 581 €185.1%	-222 896 €145.9%	485 699 €39.5%	802 275 €36.7%	586 750 €
Equity	6 383 856 €23.7%	5 159 760 €3.0%	5 320 179 €12.0%	6 043 075 €0.2%	6 057 376 €7.1%	5 655 101 €
Turnover	52 075 044 €59.1%	32 737 856 €13.1%	37 664 848 €11.2%	33 883 500 €37.1%	24 723 212 €2.1%	25 252 388 €
Profit margin	3.21%455.1%	0.58%197.9%	-0.59%141.3%	1.43%55.8%	3.25%39.7%	2.32%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	Z OWQ REF	FMR UUK	RMJ QAG	1 131 621	1 442 434
Liquidity
Current ratio	Y.U	Z.J	U.V	1.6	2.1
Quick ratio	K.E	C.N	M.L	1.5	1.8
Cash ratio	Y.B	T.I	J.Z	0.7	0.6
Efficiency
Days sales outstanding (dso)	UF.Z	ZL.M	HO.B	42.5	63.4
Asset turnover	X.S	F.S	U.U	3.0	2.3
Structure
Debt ratio	K.P	X.A	J.X	0.5	0.4
Profitability
Operating margin	H.T%	J.B%	-P.M%	1.9%	3.7%
Net profit margin	H.A%	C.L%	-T.E%	1.4%	3.2%
Return on assets (roa)	TH.L%	Y.K%	-W.B%	4.3%	7.5%
Return on equity (roe)	IU.K%	T.W%	-X.T%	8.0%	13.2%

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

Licences & notices

Type	Number	Field	Status	Start	End
Notice of economic activity	TEL004819	- > Electrical works	Valid	10.01.2025	-
Notice of economic activity	EEH008527	- > Construction	Valid	02.05.2024	-
Notice of economic activity	ETK000026	- > Maintenance of public roads	Valid	01.05.2024	-
Notice of economic activity	EEG000266	- > Construction studies / surveys	Valid	14.06.2022	-
Notice of economic activity	EEO003460	- > Owner’s supervision	Valid	14.06.2022	-

1 - 5 / 9 rows

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 10013551 / 37	17.06.2025	Entry - Amendment entry		Entered into force (17.06.2025)
K 10013551 / 36	29.12.2021	Entry - Commercial-pledge opening entry		Entered into force (29.12.2021)
K 10013551 / M10	27.12.2021	Order to remedy deficiencies - Commercial-pledge opening entry	06.01.2022	Deficiencies remedied (27.12.2021)
Ä 10013551 / 35	09.05.2018	Entry - Amendment entry		Entered into force (09.05.2018)
Ä 10013551 / 34	27.03.2018	Entry - Amendment entry		Entered into force (27.03.2018)

1 - 5 / 43 rows

Real estate

Address	Area	Purpose
11 Tallinna ringtee T37, Koplimetsa küla, Rae vald, Harju maakond	7115 m²	Transport land 100%
Lagedi tee 30, Koplimetsa küla, Rae vald, Harju maakond	64375 m²	Mining-industry land 25%, Industrial land 75%
Raba tn 37a, Pärnu linn, Pärnu linn, Pärnu maakond	7603 m²	Commercial land 10%, Industrial land 90%
Raba tn 39a, Pärnu linn, Pärnu linn, Pärnu maakond	29285 m²	Commercial land 10%, Industrial land 90%
Raba tn 39b, Pärnu linn, Pärnu linn, Pärnu maakond	1590 m²	Commercial land 100%

1 - 5 / 5 rows

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date
2-20-5783/89	Civil case	Court judgment	Bankruptcy law	Geidi Sile, Liis Arrak, Kaija Piirmets	ECLI:EE:TLRK:2025:2.20.5783.15574	13.06.2025
2-18-9672/284	Civil case	Court judgment	Law of obligations	Siret Siilbek, Neve Uudelt, Ele Liiv	ECLI:EE:TLRK:2025:2.18.9672.11200	08.04.2025
2-21-3448/46	Civil case	Court judgment	Law of obligations	Margo Klaar, Mati Maksing, Ele Liiv	ECLI:EE:TLRK:2024:2.21.3448.18305	03.07.2024
2-15-8204/120	Civil case	Court ruling	Law of obligations	Kaija Kaijanen, Maris Kuurberg, Vallo Kariler	ECLI:EE:TLRK:2024:2.15.8204.15479	13.06.2024
2-21-3448/36	Civil case	Court judgment	Law of obligations	Toomas Ventsli	ECLI:EE:HMK:2023:2.21.3448.26093	02.10.2023

1 - 5 / 29 rows

Official announcements

Subject	Date
Notice of granting or refusal of an environmental permit	27.02.2026
Notice of disclosure of the draft environmental permit	11.02.2026
Notice of initiation of proceedings for an environmental permit	27.10.2025
Notice of granting or refusal of an environmental permit	08.02.2024
Notice of granting or refusal of an environmental permit	05.02.2024

1 - 5 / 78 rows

Public transactions

Date	Party	Amount	Classification
30.04.2026	OÜ Rail Baltic Estonia	712 358.78 € Received	NON-CURRENT ASSETS Rail transport
23.04.2026	Pärnu Linnavalitsus	53 778.42 € Received	NON-CURRENT ASSETS Road transport
20.04.2026	Pärnu Linnavalitsus	24 830.06 € Received	OPERATING EXPENSES Road transport
16.04.2026	Tallinna Keskkonna- ja Kommunaalamet	1 008 184.75 € Received	NON-CURRENT ASSETS Road transport
14.04.2026	Pärnu Linnavalitsus	377.21 € Received	OPERATING EXPENSES Road transport

1 - 5 / 937 rows

.ee domains

Domain	Status	Registered	Expires	End
trefnord.ee	Active	04.07.2010	30.12.2026	-
baltifalt.ee	Active	04.07.2010	19.11.2026	-

1 - 2 / 2 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