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AS Nurme Turvas

Registry code (registrikood) 10315153Public limited company (Aktsiaselts)VAT EE100113321Activity (EMTAK 08921): Turba tootmineActive

Tori vald, Pärnu County · Financial data: annual reports up to 2025; tax data up to 2026 Q2

Revenue (2025)
€29.2M
▲ 13.9% vs 2024
Profit before tax (2025)
€11.8M
Employees, FTE (2025)
51
State taxes paid, last 4 quarters
€1.1M

Revenue, profit and employees, 2019–2025

€5.4M2019€6.8M2020€8.2M2021€12.4M2022€17.7M2023€25.7M2024€29.2M2025
YearRevenue (müügitulu)Operating profit (ärikasum)Net profitEquity (omakapital)Employees, FTE
2019€5,376,647€1,395,104€1,210,718€8,148,50840
2020€6,827,262€1,881,697€1,698,267€8,946,77544
2021€8,170,931€2,642,226€2,560,996€11,007,77144
2022€12,409,693€4,972,269€4,918,827€15,426,59847
2023€17,734,867€5,926,615€6,049,646€20,976,24449
2024€25,663,952€8,521,635€9,263,459€28,793,15149
2025€29,227,127€11,249,654€11,757,813€40,250,96451

Balance sheet summary

YearCashTotal assetsCurrent liabilitiesNon-current liabilitiesEquity
2019€2,102,289€8,836,111€274,608€412,995€8,148,508
2020€2,073,817€9,833,871€458,118€428,978€8,946,775
2021€3,063,996€11,797,398€494,741€294,886€11,007,771
2022€2,573,011€16,340,339€586,722€327,019€15,426,598
2023€2,550,390€21,800,666€512,151€312,271€20,976,244
2024€5,383,711€29,922,806€795,558€334,097€28,793,151
2025€10,081,483€41,970,053€1,383,342€335,747€40,250,964

Calculated ratios

Net profit margin = net profit ÷ revenue. Equity ratio = equity ÷ total assets. Seedata sources & methodology for how each figure is derived.

Quarterly tax and turnover data (EMTA)

QuarterState taxes paidWage taxesTurnoverEmployees
2022 Q1€209,212€221,151€2,765,34740
2022 Q2€237,075€165,866€2,397,99454
2022 Q3€212,394€225,997€4,295,41445
2022 Q4€203,194€212,781€4,737,05451
2023 Q1€268,791€281,583€3,783,50147
2023 Q2€262,249€189,433€7,124,55357
2023 Q3€246,624€259,466€4,487,35547
2023 Q4€204,846€213,490€4,438,83646
2024 Q1€394,814€277,489€4,336,34547
2024 Q2€213,091€221,837€6,652,23659
2024 Q3€315,557€331,874€6,083,08248
2024 Q4€257,923€270,002€9,466,47048
2025 Q1€347,108€362,843€5,354,60545
2025 Q2€280,204€293,481€8,406,91371
2025 Q3€330,132€349,237€7,437,01057
2025 Q4€293,838€308,340€7,964,90151
2026 Q1€291,376€308,370€3,392,27052
2026 Q2€200,837€210,649€6,628,02967

Source: EMTA quarterly published data, as of 10 July 2026. Covers state taxes and wage taxes actually paid and turnover and employee counts as declared by the company, not the annual report figures above.

About this data

In the 2025 financial year (period 1 January 2025–31 December 2025), AS Nurme Turvas reported revenue of €29,227,127.

The company closed the 2025 financial year with a net profit of €11,757,813.

Revenue increased by 13.9% from €25,663,952 in 2024 to €29,227,127 in 2025.

Revenue grew at a compound annual rate of 32.6% between 2019 and 2025.

Equity accounted for 95.9% of total assets of €41,970,053 at the end of the 2025 reporting period.

With 51 full-time-equivalent employees in 2025, revenue per employee was €573,081.

Across the 4 most recent quarters declared to EMTA, up to Q2 2026, AS Nurme Turvas reported €25,422,210 in turnover.

EMTA recorded 67 employees for the quarter ending Q2 2026, compared with 51 full-time-equivalent employees in the 2025 annual report.

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Source

Source: Estonian e-Business Register open data (Centre of Registers and Information Systems, RIK), licence CC BY-SA 4.0, modified; Estonian Tax and Customs Board (EMTA) quarterly data. Downloaded 2026-09-22. This is not an official register extract — see ariregister.rik.ee.

Company data on this site is available under CC BY-SA 4.0.

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