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AS Raudtee Varad

Legal form:

Public limited company

Registry code:

11575850

VAT no.:

EE101273846

Fiscal-year period:

01.01 - 31.12

Established:

14.01.2009 (17)

Former business names:

AS EVR Cargo, AS Operail

Capital:

24 476 466 EUR

Address:

Suur-Ameerika tn 1, Kesklinna linnaosa, Tallinn, Harju maakond, 10122

Status:

Registered

Contacts

Email:

info@raudteevarad.ee

Industries

TRANSPORTATION AND STORAGE
Land transport and pipeline transport
49201 - Freight rail transport
ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES
Rental and leasing
Rental and operating leasing of other machinery, equipment and tangible goods
Rental and operating leasing of other machinery, equipment and tangible goods n.e.c.
77391 - Rental and operating leasing of railway rolling stock

VAT liability

	Start	End
EE101273846	01.08.2012
EE100168004	01.01.2010	31.07.2012
EE101273846	14.01.2009	31.12.2009

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	19.05.2026	Valid
2024	01.01.2024 - 31.12.2024	11.06.2025	Valid
2023	01.01.2023 - 31.12.2023	07.06.2024	Valid
2022	01.01.2022 - 31.12.2022	02.06.2023	Valid
2021	01.01.2021 - 31.12.2021	29.06.2022	Valid
2020	01.01.2020 - 31.12.2020	28.06.2021	Valid
2019	01.01.2019 - 31.12.2019	25.05.2020	Valid
2018	01.01.2018 - 31.12.2018	18.06.2019	Valid
2017	01.01.2017 - 31.12.2017	07.06.2018	Valid
2016	01.01.2016 - 31.12.2016	18.05.2017	Valid
2015	01.01.2015 - 31.12.2015	03.06.2016	Valid
2014	01.01.2014 - 31.12.2014	12.06.2015	Valid
2013	01.01.2013 - 31.12.2013	16.06.2014	Valid
2012	01.01.2012 - 31.12.2012	06.05.2013	Valid
2011	01.01.2011 - 31.12.2011	04.05.2012	Valid
2010	01.01.2010 - 31.12.2010	21.04.2011	Valid
2009	14.01.2009 - 31.12.2009	02.06.2010	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 04.06.2026.

???

Credit rating

Hidden

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

020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	5 569 €	5 835 €	0 €	-
Kokku 2026:	5 569 €	5 835 €	0 €
2025 Q4	5 552 €	5 816 €	0 €	-
2025 Q3	6 832 €	7 153 €	0 €	-
2025 Q2	1 733 505 €	9 827 €	0 €100.0%	-
2025 Q1	447 119 €	307 725 €	353 816 €88.4%	-
Kokku 2025:	2 193 008 €	330 521 €	353 816 €95.7%
2024 Q4	796 021 €	750 933 €	3 048 084 €16.3%	-
2024 Q3	817 226 €	722 764 €	3 642 915 €11.8%	11
2024 Q2	0 €	794 663 €	4 131 146 €254.5%	20
2024 Q1	821 745 €	824 501 €	-2 673 325 €167.4%	28
Kokku 2024:	2 434 992 €	3 092 861 €	8 148 820 €73.8%
2023 Q4	913 908 €	782 978 €	3 967 360 €26.6%	183
2023 Q3	1 072 450 €	848 899 €	5 406 973 €64.0%	182
2023 Q2	3 063 856 €	998 187 €	15 029 757 €123.2%	198
2023 Q1	1 359 102 €	1 241 768 €	6 735 022 €26.4%	226
Kokku 2023:	6 409 316 €	3 871 832 €	31 139 112 €24.7%
2022 Q4	1 436 854 €	1 237 199 €	9 152 338 €0.5%	302
2022 Q3	1 346 469 €	1 342 767 €	9 200 302 €12.7%	338
2022 Q2	1 316 030 €	1 384 004 €	10 540 522 €15.4%	383
2022 Q1	1 397 569 €	1 464 097 €	12 460 840 €2.5%	420
Kokku 2022:	5 496 922 €	5 428 066 €	41 354 003 €34.4%
2021 Q4	1 273 591 €	1 342 127 €	12 774 797 €5.9%	461
2021 Q3	1 846 168 €	1 585 293 €	13 568 886 €19.2%	469
2021 Q2	1 721 934 €	1 814 573 €	16 787 779 €15.8%	476
2021 Q1	1 471 853 €	1 553 069 €	19 935 480 €8.2%	575
Kokku 2021:	6 313 547 €	6 295 062 €	63 066 942 €4.0%
2020 Q4	1 476 226 €	1 492 504 €	18 430 739 €20.0%	571
2020 Q3	4 075 132 €	1 859 349 €	15 360 367 €4.9%	601
2020 Q2	1 801 629 €	1 780 319 €	14 640 954 €15.2%	618
2020 Q1	1 745 947 €	1 724 106 €	17 273 694 €16.6%	689
Kokku 2020:	9 098 934 €	6 856 278 €	65 705 754 €14.8%
2019 Q4	1 624 069 €	1 461 980 €	20 704 709 €16.6%	684
2019 Q3	1 532 293 €	1 627 490 €	17 754 662 €19.0%	702
2019 Q2	1 685 860 €	1 617 583 €	21 931 988 €31.4%	693
2019 Q1	1 443 475 €	1 537 799 €	16 685 123 €2.2%	699
Kokku 2019:	6 285 697 €	6 244 852 €	77 076 482 €7.1%
2018 Q4	1 233 871 €	1 314 250 €	17 060 208 €2.8%	702
2018 Q3	1 353 867 €	1 441 138 €	17 556 594 €7.6%	694
2018 Q2	1 234 002 €	1 319 371 €	19 009 361 €3.8%	687
2018 Q1	1 287 186 €	1 372 359 €	18 316 907 €34.6%	673
Kokku 2018:	5 108 926 €	5 447 118 €	71 943 070 €27.6%
2017 Q4	1 123 406 €	1 196 645 €	13 607 199 €13.3%	646
2017 Q3	1 238 543 €	1 324 030 €	15 687 584 €3.1%	668
2017 Q2	1 195 756 €	1 276 987 €	15 211 982 €28.1%	681
2017 Q1	1 193 476 €	1 269 613 €	11 877 925 €310.2%	687
Kokku 2017:	4 751 181 €	5 067 275 €	56 384 690 €327.6%
2016 Q4	1 039 242 €	1 109 938 €	2 895 897 €14.6%	684
2016 Q3	1 216 420 €	1 299 646 €	3 390 858 €2.4%	684
2016 Q2	1 247 696 €	1 331 326 €	3 473 514 €1.4%	684
2016 Q1	1 234 553 €	1 313 527 €	3 427 073 €52.6%	684
Kokku 2016:	4 737 911 €	5 054 437 €	13 187 342 €61.4%
2015 Q4	1 115 535 €	1 187 771 €	7 227 429 €15.2%	735
2015 Q3	1 308 497 €	1 400 870 €	8 524 107 €6.9%	735
2015 Q2	1 412 254 €	1 504 071 €	9 152 071 €0.8%	735
2015 Q1	1 581 857 €	1 516 385 €	9 226 999 €	735
Kokku 2015:	5 418 143 €	5 609 097 €	34 130 606 €

Revenue by industry

	2022	2023	2024
Freight rail transport	36 691 888 €	17 542 522 €	10 408 146 €
Rental and operating leasing of railway rolling stock	778 579 €	1 692 686 €	2 538 485 €

Tax debts

No tax debt found

No tax debt as of 04.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Tuuli Mizer	47312XXXXXX	02.12.1973 (52)	Board member	06.01.2025	-

8 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
Kliimaministeerium	70001XXX	22.12.1998 (27)	Shareholder	24 476 466,00 EUR	100	Sole ownership	16.08.2023	-

8 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
Kati Pino	49103XXXXXX	15.03.1991 (35)	Chairman of the supervisory board	01.06.2025	-
Tarmo Porgand	37708XXXXXX	27.08.1977 (48)	Supervisory-board member	24.05.2024	-
Sander Salmu	38510XXXXXX	26.10.1985 (40)	Supervisory-board member	23.04.2024	-
Indrek Alliksaar	37404XXXXXX	02.04.1974 (52)	Audit firm	06.02.2024	-
Kpmg Baltics Oü	-	-	Audit firm	06.02.2024	-

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

1 - 5 / 6 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Tuuli Mizer	47312XXXXXX	02.12.1973 (52)	Member of higher governing body (board or supervisory board)	05.06.2025	-
Kuldar Leis	36805XXXXXX	29.05.1968 (58)	Right to appoint or remove most executive or governing-body members	22.04.2025	-
Kati Pino	49103XXXXXX	15.03.1991 (35)	Member of higher governing body (board or supervisory board)	14.06.2024	-
Sander Salmu	38510XXXXXX	26.10.1985 (40)	Member of higher governing body (board or supervisory board)	14.06.2024	-
Tarmo Porgand	37708XXXXXX	27.08.1977 (48)	Member of higher governing body (board or supervisory board)	26.05.2021	-

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

1 - 5 / 5 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

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

2026 Q1

Turnover

Amount

0 €

Monthly average

0 €

Per employee

0 €

Equity ratio

Labour taxes

Turnover ratio

0,00%

Tax ratio

104,78%

Monthly average

1 945 €

Per employee

0 €

State taxes

Monthly average

1 856 €

Turnover ratio

0,00%

Estimated salary

Gross salary

0 €

Net salary

0 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	-	18 334 000 €109.5%	8 753 000 €21.1%	11 098 000 €38.2%	17 952 000 €23.2%	14 573 000 €
Non-current assets	-	43 759 000 €28.6%	61 325 000 €26.1%	82 939 000 €12.5%	94 734 000 €11.9%	84 681 000 €
Total assets	26 693 756 €57.0%	62 093 000 €11.4%	70 078 000 €25.5%	94 037 000 €16.5%	112 686 000 €13.5%	99 254 000 €
Short-term liabilities	-	8 582 000 €26.2%	6 801 000 €39.5%	11 235 000 €25.1%	8 980 000 €44.6%	16 214 000 €
Long-term liabilities	-	10 589 000 €32.2%	15 614 000 €6.0%	14 726 000 €49.9%	29 409 000 €13.7%	25 860 000 €
Total liabilities	-	19 171 000 €14.5%	22 415 000 €13.7%	25 961 000 €32.4%	38 389 000 €8.8%	42 074 000 €
Share or stock capital	-	24 476 000 €	24 476 000 €	24 476 000 €	24 476 000 €857.6%	2 556 000 €
Retained earnings	-	23 186 000 €46.8%	43 601 000 €8.4%	47 616 000 €5.5%	45 124 000 €4.9%	47 448 000 €
Net profit	-	-4 740 000 €76.8%	-20 414 000 €408.3%	-4 016 000 €185.5%	4 697 000 €34.5%	7 176 000 €
Equity	-	42 922 000 €9.9%	47 663 000 €30.0%	68 076 000 €8.4%	74 297 000 €29.9%	57 180 000 €
Turnover	14 336 068 €28.3%	19 983 000 €47.1%	37 802 000 €31.0%	54 750 000 €1.1%	54 138 000 €16.2%	64 593 000 €
Profit margin	0.00%	-23.72%56.1%	-54.00%636.2%	-7.34%184.5%	8.68%21.9%	11.11%

Financial ratios

	2023	2022	2021	2020	2019
Profit and cash flow
EBITDA	-H FIU EDB	-S DUI LTX	W LDY JPA	9 098 000	10 144 000
Liquidity
Current ratio	O.I	S.I	W.O	2.0	0.9
Quick ratio	G.B	K.N	E.T	1.5	0.7
Cash ratio	S.X	U.S	L.K	0.5	0.1
Efficiency
Days sales outstanding (dso)	LND.T	JN.B	OXZ.T	408.3	200.0
Asset turnover	K.Z	F.J	D.C	0.5	0.7
Structure
Debt ratio	P.X	Q.V	O.H	0.3	0.4
Profitability
Operating margin	-US.E%	-FW.K%	A.B%	7.5%	9.0%
Net profit margin	-WK.N%	-SK.N%	-G.H%	8.7%	11.1%
Return on assets (roa)	-A.A%	-XC.C%	-R.T%	4.4%	8.1%
Return on equity (roe)	-PG.C%	-NC.H%	-R.N%	6.3%	12.5%

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	SLM15/6261	Frequency licences > Joint frequency licence	Valid	01.01.2016	31.12.2023
License	SLM15/6316	Frequency licences > Joint frequency licence	Valid	01.01.2016	31.12.2022
License	SLM15/6449	Frequency licences > Joint frequency licence	Valid	01.01.2016	31.12.2023
License	SLM15/5688	Frequency licences > Joint frequency licence	Valid	21.11.2015	31.12.2023
Notice of economic activity	STR000246	- > Temporary-agency labour mediation	Valid	14.12.2012	-

1 - 5 / 5 rows

Regulations

Regulation no.	Date	Type	Status
Ä 10123956 / 31	27.08.2025	Entry - Second, constitutive merger entry (on acquiring entity’s registry card)	Entered into force (27.08.2025)
Ä 10123956 / M8	26.08.2025	Order to remedy deficiencies - Second, constitutive merger entry (on acquiring entity’s registry card)	Deficiencies remedied (27.08.2025)
Ä 10123956 / 30	03.02.2025	Entry - Amendment entry	Entered into force (03.02.2025)
Ä 10123956 / 29	06.01.2025	Entry - Amendment entry	Entered into force (06.01.2025)
Ä 10123956 / 28	17.12.2024	Entry - Amendment entry	Entered into force (17.12.2024)

1 - 5 / 39 rows

Real estate

No real estate found

Company has no real estate

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

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
3-23-882/16						27.03.2026
2-23-17666/36	Civil case	Court judgment	Law of obligations	Ann Meriluht	ECLI:EE:HMK:2025:2.23.17666.17227	14.10.2025
2-22-3049/34	Civil case	Court ruling (Compromise ruling)	Labour law	Ann Meriluht	ECLI:EE:HMK:2023:2.22.3049.21350	27.11.2023
2-18-17055/42	Civil case	Court ruling (Compromise ruling)	Other	Haide Rimmel	ECLI:EE:HMK:2022:2.18.17055.19450	10.11.2022
2-21-1207/12	Civil case	Court ruling (Compromise ruling)	Law of obligations	Anu Uritam	ECLI:EE:HMK:2021:2.21.1207.18467	01.10.2021

1 - 5 / 17 rows

Official announcements

Subject	Date
Notice of company merger	28.08.2025
Notice of conclusion of a public limited company merger agreement	09.06.2025
Notice of granting or refusal of an air-pollution permit	12.05.2017
Notice of disclosure of the draft air-pollution permit	25.04.2017
Notice of initiation of proceedings for an air-pollution permit	23.11.2016

1 - 5 / 12 rows

Public transactions

Date	Party	Amount	Classification
27.06.2025	AS Eesti Raudtee	2 159.00 € Received	OPERATING EXPENSES Rail transport
27.06.2025	AS Eesti Raudtee	20 065.11 € Received	OPERATING EXPENSES Rail transport
18.12.2024	AS Eesti Raudtee	473.55 € Received	OTHER OPERATING EXPENSES Rail transport
21.10.2024	Eesti Töötukassa	1 952.00 € Received	OPERATING EXPENSES Social protection of the unemployed
02.10.2024	AS Eesti Raudtee	1 282.46 € Received	OPERATING EXPENSES Rail transport

1 - 5 / 49 rows

.ee domains

Domain	Status	Registered	Expires	End
raudteevarad.ee	Active	10.12.2024	11.12.2026	-

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