Dalgas AS

Legal form:: Public limited company
Registry code:: 10432025
VAT no.:: EE100479696
Fiscal-year period:: 01.01 - 31.12
Established:: 22.04.1998 (28 y)
Former business names:: HD FestForest Estonia AS, HD Forest AS, aktsiaselts FEST-FOREST
Capital:: 72 973,80 EUR
Address:: Spektri tn 6, Tartu linn, Tartu linn, Tartu maakond, 50411
Status:: Registered
E-invoice reception:: e-arveldaja

Follow changes

We notify you when the board, address or status changes or a tax debt appears.

Add to monitoring

Contacts

Email:: estonia@dalgas.com
Website:: https://www.dalgas.com

Data export

Create targeted sales lists in seconds

Choose the right criteria, export the data and start selling faster than ever!

Learn more

Industries

Industry TOPNo. 16 of 408 companies

1.Osaühing Aarman Puit23.5M €
2.AS Roger Puit18.3M €
3.Osaühing KARO METS18.2M €
4.AS A&P Mets16.6M €
5.Timberston OÜ16.5M €
6.Murati Puit OÜ13.6M €
7.Expertline OÜ13.3M €
8.OÜ Artiston10.4M €
9.AS Lemeks Sadamad9.1M €
10.OÜ Voore Mets7.9M €

16.Dalgas AS4.5M €

Main activity 02201 · turnover over the last 4 quarters

All companies →

VAT liability

VAT no.	Start	End
EE100479696	01.10.1998	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	02.02.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	04.02.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	26.01.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	26.01.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	02.02.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	26.01.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	24.01.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	22.01.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	01.02.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	02.02.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	27.01.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	04.02.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	27.02.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	04.04.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	11.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	02.06.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	22.06.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	30.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	25.06.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	29.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	12.07.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	31.05.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	30.06.2004	Valid	PDF
2002	01.01.2002 – 31.12.2002	01.07.2003	Valid	PDF
2001	01.01.2001 – 31.12.2001	17.07.2002	Valid	PDF
2000	01.01.2000 – 31.12.2000	28.06.2001	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 20.10.2026.

Check company creditworthiness in seconds

Detailed reviews of company financial risks and strengths

3€ /monthGet started

Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate7 .ee domains–Licenses1 Regulations34 Public transactions–Grants–State aid3 Public procurement–Holdings in companies4 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	75 395 €	29 211 €	1,22 M €+47,1%	6
2026 Q2	75 442 €	38 960 €	827 026 €−35,8%	6
2026 Q1	109 684 €	56 043 €	1,29 M €+9,3%	6
Total 2026:	260 521 €	124 214 €	3,33 M €
2025 Q4	48 330 €	36 665 €	1,18 M €+47,3%	7
2025 Q3	79 123 €	40 578 €	799 717 €−4,0%	7
2025 Q2	61 216 €	38 030 €	833 004 €−1,9%	8
2025 Q1	149 558 €	78 913 €	849 041 €+15,4%	8
Total 2025:	338 227 €	194 186 €	3,66 M €
2024 Q4	68 736 €	34 107 €	735 694 €−61,1%	8
2024 Q3	101 925 €	53 926 €	1,89 M €+0,7%	8
2024 Q2	113 731 €	51 510 €	1,88 M €−20,2%	9
2024 Q1	158 586 €	99 925 €	2,35 M €+40,0%	10
Total 2024:	442 978 €	239 468 €	6,86 M €
2023 Q4	72 402 €	47 780 €	1,68 M €+36,3%	10
2023 Q3	83 621 €	44 404 €	1,23 M €−43,8%	10
2023 Q2	67 037 €	40 352 €	2,19 M €−18,8%	10
2023 Q1	189 561 €	95 053 €	2,70 M €−9,8%	10
Total 2023:	412 621 €	227 589 €	7,81 M €
2022 Q4	104 669 €	42 158 €	3,00 M €+43,8%	10
2022 Q3	90 232 €	42 258 €	2,08 M €+23,9%	10
2022 Q2	92 837 €	34 948 €	1,68 M €+29,7%	11
2022 Q1	116 521 €	76 721 €	1,30 M €−3,1%	10
Total 2022:	404 259 €	196 085 €	8,06 M €
2021 Q4	89 689,11 €	36 813,73 €	1,34 M €−12,1%	11
2021 Q3	82 459,82 €	31 536,46 €	1,52 M €+26,9%	11
2021 Q2	58 105,51 €	30 931,61 €	1,20 M €+52,8%	9
2021 Q1	69 730,38 €	55 749,30 €	784 950,22 €+4,5%	9
Total 2021:	299 984,82 €	155 031,10 €	4,84 M €
2020 Q4	66 599,53 €	37 390,35 €	751 114,52 €−12,1%	9
2020 Q3	51 207,51 €	34 036,97 €	854 667,35 €−10,4%	11
2020 Q2	83 816,25 €	34 342,51 €	953 547,03 €+60,4%	11
2020 Q1	74 204 €	64 024 €	594 336 €−28,2%	11
Total 2020:	275 827,29 €	169 793,83 €	3,15 M €
2019 Q4	58 272 €	34 463 €	827 340 €−34,6%	12
2019 Q3	62 723 €	29 838 €	1,26 M €−26,9%	11
2019 Q2	98 679 €	30 059 €	1,73 M €−9,8%	11
2019 Q1	161 570 €	60 805 €	1,92 M €−10,7%	10
Total 2019:	381 244 €	155 165 €	5,74 M €
2018 Q4	101 462 €	30 381 €	2,15 M €+32,6%	10
2018 Q3	54 730 €	29 797 €	1,62 M €+7,6%	10
2018 Q2	71 692 €	27 825 €	1,50 M €+19,3%	10
2018 Q1	218 348 €	48 638 €	1,26 M €+17,8%	11
Total 2018:	446 232 €	136 641 €	6,52 M €
2017 Q4	60 606 €	31 643 €	1,07 M €−26,1%	11
2017 Q3	71 505 €	32 642 €	1,45 M €−3,0%	11
2017 Q2	99 165 €	30 634 €	1,49 M €+14,7%	11
2017 Q1	141 200 €	47 956 €	1,30 M €+75,3%	12
Total 2017:	372 476 €	142 875 €	5,31 M €
2016 Q4	54 965 €	30 614 €	741 633 €−0,8%	12
2016 Q3	39 852 €	30 849 €	747 346 €−13,1%	12
2016 Q2	77 308 €	35 511 €	860 263 €−17,5%	12
2016 Q1	116 304 €	43 040 €	1,04 M €+8,1%	12
Total 2016:	288 429 €	140 014 €	3,39 M €
2015 Q4	75 298 €	31 844 €	964 964 €+3,2%	1
2015 Q3	52 452 €	30 847 €	934 732 €+6,3%	1
2015 Q2	66 997 €	29 007 €	878 983 €−32,5%	1
2015 Q1	96 850 €	42 946 €	1,30 M €	1
Total 2015:	291 597 €	134 644 €	4,08 M €

Revenue by industry

	2023	2024	2025
Logging			2 965 085 €
Silviculture and other forestry activities	288 928 €	329 297 €	311 925 €
Other real estate management or related activities	319 320 €	274 497 €	267 351 €
Intermediation of real estate services		16 527 €	123 273 €
Land drainage and reclamation works			58 689 €
Accounting and tax consultancy	23 880 €	20 960 €	41 763 €
Support services to forestry	52 198 €	59 915 €	30 771 €
Other legal activities			11 893 €
Renting and operating of own or leased real estate	6 624 528 €	5 566 512 €
Activities of real estate agencies	63 444 €

Tax debts

No tax debt found

No tax debt as of 20.10.2026

Representatives

	Personal ID code
Priit Põllumäe	38701XXXXXX	27.01.1987 (39)	Board member	29.08.2024	-
Külli Hint	46501XXXXXX	27.01.1965 (61)	Board member	11.10.2011	-

51 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Shareholders

	Personal ID code
DALGAS HOLDING SIA	-	-	Shareholder	72 973,80 EUR	100,00%	Sole ownership	10.02.2026	-

51 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Other persons

	Personal ID code
Birgitte Haurum	-	29.07.1966 (60)	Supervisory-board member	23.10.2024	-
Lihtsalt Teenused OÜ	14117875	21.09.2016 (10)	Audit firm	10.01.2024	-
Morten Thorøe	-	28.02.1974 (52)	Chairman of the supervisory board	10.02.2023	-
Reda Velde	47901XXXXXX	09.01.1979 (47)	Supervisory-board member	10.02.2023	-
OSAÜHING VALTU TALU	10145886	16.05.1997 (29)	Founder	22.04.1998	-

51 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Ultimate beneficial owners

	Personal ID code
Morten Thorøe	-	28.02.1974 (52)	Member of higher governing body (board or supervisory board)	08.06.2026	-

51 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Holdings in companies


Haavasalu OÜ	26.11.2019	Shareholder	2 600 EUR	100,00%	Sole ownership	04.04.2025	-
Metsalahendused OÜ	26.11.2019	Shareholder	2 600 EUR	100,00%	Sole ownership	04.04.2025	-
Pohlamets OÜ	16.01.2017	Shareholder	2 500 EUR	100,00%	Sole ownership	04.04.2025	-
Rohevara OÜ	27.11.2019	Shareholder	2 600 EUR	100,00%	Sole ownership	04.04.2025	-

24 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

2026 Q3

Turnover

Amount: 1 216 180 €
Monthly average: 405 393 €
Per employee: 67 566 €
Equity ratio: 555,53%

Labour taxes

Turnover ratio: 2,40%
Tax ratio: 38,74%
Monthly average: 9 737 €
Per employee: 1 623 €

State taxes

Monthly average: 25 132 €
Turnover ratio: 6,20%

Estimated salary

Gross salary: 2 960 €
Net salary: 2 380 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	3 401 073 €+15,5%	2 945 441 €+106%	1 431 395 €−10,8%	1 605 414 €−33,3%	2 405 271 €+16,2%	2 070 126 €+1,6%	2 037 004 €
Non-current assets	316 580 €−7,8%	343 364 €−84,1%	2 163 992 €−1,7%	2 202 277 €+695%	276 927 €+19,5%	231 800 €+276%	61 601 €
Total assets	3 717 653 €+13,0%	3 288 805 €−8,5%	3 595 387 €−5,6%	3 807 691 €+42,0%	2 682 198 €+16,5%	2 301 926 €+9,7%	2 098 605 €
Short-term liabilities	297 257 €+92,8%	154 194 €−77,8%	694 526 €−35,5%	1 077 132 €+168%	401 917 €+99,9%	201 017 €+28,3%	156 671 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	297 257 €+92,8%	154 194 €−77,8%	694 526 €−35,5%	1 077 132 €+168%	401 917 €+99,9%	201 017 €+28,3%	156 671 €
Share or stock capital	72 974 €	72 974 €	72 974 €	72 974 €	72 974 €	72 974 €	72 974 €
Retained earnings	3 035 984 €+8,3%	2 802 234 €+6,5%	2 631 932 €+20,6%	2 181 654 €+9,0%	2 002 282 €+8,6%	1 843 307 €+15,5%	1 596 094 €
Net profit	285 785 €+22,3%	233 750 €+37,3%	170 302 €−62,2%	450 278 €+151%	179 372 €+12,8%	158 975 €−35,7%	247 213 €
Equity	3 420 396 €+9,1%	3 134 611 €+8,1%	2 900 861 €+6,2%	2 730 559 €+19,7%	2 280 281 €+8,5%	2 100 909 €+8,2%	1 941 934 €
Turnover	3 810 750 €−39,2%	6 267 708 €−15,0%	7 372 298 €−14,4%	8 612 908 €+70,0%	5 065 550 €+57,4%	3 217 371 €−36,3%	5 054 569 €
Profit margin	7,5%	3,7%	2,3%	5,2%	3,5%	4,9%	4,9%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	479 788 €	185 798 €
Liquidity
Current ratio	1,5	6,0
Quick ratio	1,5	6,0
Cash ratio	0,5	3,6
Efficiency
Days sales outstanding (dso)	58,2	88,6
Asset turnover	2,7	2,0
Structure
Debt ratio	0,3	0,1
Profitability
Operating margin	5,1%	3,0%
Net profit margin	5,2%	3,5%
Return on assets (roa)	13,9%	7,2%
Return on equity (roe)	16,5%	7,9%

Data export

These figures for over 281,000 companies, in one table

Revenue, EBITDA, ROE, ROA and other ratios
Up to five years of reports at once
Excel, CSV or JSON, updated daily

See how it works

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

3€ /monthGet started

Licences & notices


License	13	Environment	Valid	18.12.2008	-

Regulations


Ä 20015797 / 23	03.06.2025	Entry – Amendment entry under NSPA § 595¹ (1)	-	Entered into force03.06.2025
Ä 20015797 / 22	04.04.2025	Entry – Amendment entry	-	Entered into force04.04.2025
Ä 20015797 / M14	04.02.2025	Directive order – Amendment entry	31.03.2025	Entered into force04.02.2025
Ä 20015797 / M13	21.01.2025	Order to remedy deficiencies – Amendment entry	05.02.2025	Deficiencies remedied04.04.2025
Ä 20015797 / 21	29.08.2024	Entry – Amendment entry	-	Entered into force29.08.2024

Real estate

		Purpose
Kokamäe, Permisküla, Alutaguse vald, Ida-Viru maakond	45 539 m²	Agricultural land 100%
Koplimäe, Permisküla, Alutaguse vald, Ida-Viru maakond	32 276 m²	Agricultural land 100%
Lauka, Agusalu küla, Alutaguse vald, Ida-Viru maakond	29 714 m²	Agricultural land 100%
Lauka, Agusalu küla, Alutaguse vald, Ida-Viru maakond	78 537 m²	Agricultural land 100%
Lauka, Agusalu küla, Alutaguse vald, Ida-Viru maakond	15 817 m²	Agricultural land 100%

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

3€ /monthGet started

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

No public transactions found

Company has no public transactions

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


21.04.2025	Tallinna TehnikaülikoolAid measure 221436	Koolitus VTA › Koolitus VTAGrant	480 €	221436/2500089
05.04.2023	SA Keskkonnainvesteeringute KeskusAid measure 14303	Metsandussektorile antav abi › Metsa inventeerimineGrant	100,40 €	14303/2300563
17.03.2023	SA Keskkonnainvesteeringute KeskusAid measure 14303	Metsandussektorile antav abi › Erametsaomanike nõustamineGrant	100 €	14303/2300263

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains

No domains found

Company has no valid .ee domains

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

Data comes from public registers.