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CF&S Estonia AS

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RegisteredHarju County
Registry code
10139213
VAT number
EE100311796
Address
Harju maakond, Tallinn, Lasnamäe linnaosa, Sepise tn 7, 11415
Registered
08.04.1997 · 29 yrs
Activity
Logistikaalane tegevus 52251
Additional activities
Service activities incidental to water transportation, Warehousing and storage
Capital
110 000 €
Email
c•••@c•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Website
http://www.cfs.ee
Business Register 06.10.2026
Sales revenue57,3 m €+18%2025 annual report
Employees130Tax Board 2026 Q2
Average gross salary4 025 €estimate, Tax Board 2026 Q2
Labour taxes per quarter801 k €Tax Board 2026 Q2
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months80,8 m €+17%Tax Board, last 4 quarters
State taxes 12 months27,3 m €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 23,0 mln €
16,1 M17,9 M16,7 M18,4 M19,7 M20,0 M18,3 M23,0 M
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AA
Very good, low risk
81 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 06.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingAA → BB → A → AA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 17% vs a year earlier
Email right away on tax debt, bankruptcy or board change
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Data

Board and owners

3 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Hannes Mänd2 companiesno tax debtPersonal ID ↗08.05.2019
Tiit Arus1 companyno tax debtPersonal ID ↗10.02.2017
Other persons 1
Nasdaq CSD SE1983 companies149 with tax debt40 bankruptShare register keeperPersonal ID ↗28.09.2017
Beneficial owners 5
Ants Ratas68 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member09.02.2026
Hannes Mänd2 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member09.02.2026
Tarmo Nurmetalo8 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member21.10.2022
Tiit Arus1 companyno tax debtmember of the senior management body, i.e. management or supervisory board member09.02.2026
Tõnis Pohla4 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member09.02.2026

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue72,3%
Labour taxes / revenue3,5%
Revenue per employee per month58 856 €
Gross salary (estimate)4 025 €
Net salary (estimate)3 180 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q222 953 683 €▲ 25%800 543 €16 591 716 €130
2026 Q118 259 461 €▲ 9%831 799 €3 390 247 €136
2025 Q419 951 383 €▲ 11%828 993 €3 306 328 €139
2025 Q319 678 220 €▲ 22%816 826 €4 019 324 €140
2025 Q218 402 859 €▲ 10%716 882 €3 865 669 €142
2025 Q116 744 007 €▲ 10%734 015 €3 588 998 €147
2024 Q417 930 230 €▲ 17%710 942 €5 603 510 €125
2024 Q316 137 799 €▼ 3%798 789 €6 901 459 €104
2024 Q216 788 143 €▼ 18%624 978 €20 019 881 €108
2024 Q115 224 123 €▼ 25%868 079 €10 068 736 €107
2023 Q415 259 783 €▼ 44%770 485 €3 928 366 €112
2023 Q316 607 050 €▼ 22%942 170 €3 906 784 €117
Show full history (18 quarters)
2023 Q220 540 160 €▲ 6%980 646 €5 240 034 €114
2023 Q120 433 988 €▼ 4%866 539 €4 412 464 €117
2022 Q427 189 905 €733 896 €7 031 888 €117
2022 Q321 361 144 €830 493 €4 935 398 €119
2022 Q219 394 830 €742 713 €6 700 435 €118
2022 Q121 231 426 €792 752 €5 943 727 €118

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue57,3 m €▲ 18%48,8 m €▼ 7%52,4 m €▼ 32%77,0 m €▲ 27%60,5 m €
Profit—3,3 m €▲ 29%2,6 m €▼ 34%3,9 m €▼ 2%4,0 m €
Profit margin—6,9%4,9%5,1%6,6%
Retained earnings—32,6 m €▲ 6%30,7 m €▲ 15%26,8 m €▲ 18%22,8 m €
Cash—1,3 m €▲ 65%767 k €▲ 399%154 k €▲ 630%21 075 €
Current assets—11,2 m €▼ 15%13,2 m €▼ 37%20,8 m €▲ 35%15,4 m €
Fixed assets—44,6 m €▲ 17%38,1 m €▲ 93%19,8 m €▼ 6%21,0 m €
Assets63,4 m €▲ 14%55,8 m €▲ 9%51,3 m €▲ 26%40,6 m €▲ 11%36,4 m €
Current liabilities—9,6 m €▼ 46%17,7 m €▲ 88%9,4 m €▲ 4%9,1 m €
Long-term liabilities—10,1 m €▲ 54×188 k €▼ 45%339 k €▼ 24%449 k €
Total liabilities—19,8 m €▲ 11%17,9 m €▲ 83%9,8 m €▲ 3%9,5 m €
Equity—36,0 m €▲ 8%33,4 m €▲ 8%30,8 m €▲ 15%26,9 m €
Labour costs—-6,8 m €▲ 21%-8,6 m €▼ 11%-7,7 m €▼ 27%-6,1 m €
Employees140▲ 22%115▲ 8%106▼ 12%121▼ 42%210
Filed18.06.202608.07.202530.06.202430.06.202328.06.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Logistikaalane tegevus main activity5225147 885 000 €88%
Warehousing and storage521014 312 000 €8%
Service activities incidental to water transportation52222 519 000 €5%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 06.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

562 tuh € makseid · 4 toetust

Transactions with state institutions

2026214 k €
2025126 k €
202448 121 €
2023175 k €

Largest payers

MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM227 588 €
AS Eesti Varude Keskus171 715 €
TS Laevad OÜ100 886 €
Tax and Customs Board37 076 €
Tallinna Loomaaed 22 338 €
All payments by month
MonthPayerTypeFieldAmount
08.2026SA Teaduskeskus AhhaaCurrent assetsOther education, incl. administration441 €
06.2026MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUMMuud toetusedGeneral economic and trade policy114 340 €
04.2026TS Laevad OÜOperating costsWater transport10 897 €
04.2026Tallinna Loomaaed Operating costsLoomaaed3 875 €
03.2026TS Laevad OÜFixed assetsWater transport20 822 €
03.2026MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUMMuud toetusedGeneral economic and trade policy11 751 €
02.2026Tax and Customs BoardOperating costsRahandus- ja fiskaalpoliitika37 076 €
01.2026TS Laevad OÜFixed assetsWater transport14 358 €
12.2025MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUMMuud toetusedGeneral economic and trade policy28 585 €
11.2025Tallinna Loomaaed Operating costsLoomaaed3 255 €
08.2025MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUMMuud toetusedGeneral economic and trade policy68 752 €
08.2025Eesti TöötukassaOperating costsSocial protection of the unemployed1 920 €
05.2025TS Laevad OÜFixed assetsWater transport5 641 €
04.2025TS Laevad OÜFixed assetsWater transport5 030 €
04.2025Tallinna Loomaaed Operating costsLoomaaed3 460 €
03.2025Maaelu TeadmuskeskusOperating costsTeadus- ja arendustegevus põllu-, metsamajanduses, kalanduses, jahinduses411 €
01.2025TS Laevad OÜOperating costsWater transport8 876 €
10.2024TS Laevad OÜFixed assetsWater transport16 887 €
10.2024Tallinna Loomaaed Operating costsLoomaaed769 €
09.2024Tallinna Loomaaed Operating costsLoomaaed3 623 €
06.2024MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUMMuud toetusedOther general government services4 160 €
06.2024Tallinna Loomaaed Operating costsLoomaaed720 €
05.2024Tallinna Loomaaed Operating costsLoomaaed3 209 €
04.2024TS Laevad OÜOperating costsWater transport18 375 €
04.2024Tallinna Loomaaed Operating costsLoomaaed342 €
03.2024Tallinna Kesklinna Vene Gümnaasium Operating costsBasic and general secondary education37 €
12.2023Tallinna Loomaaed Operating costsLoomaaed2 687 €
11.2023Tallinna Loomaaed Operating costsLoomaaed400 €
10.2023AS Eesti Varude KeskusOperating costsOther fuel171 715 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Toetuse saanud projektid toetus kokku 259 tuh €

ProjektMeedePerioodToetusVälja makstud
CF&S Estonia AS digitaliseerimine
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus		Majanduse digipöörde toetamine19.08.2024 – 31.05.2026255 283 €878 280 €
CF&S Estonia digitaliseerimise projekt
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus		(EK nr 1.2) Digitaliseerimisest kasu toomine01.04.2024 – 31.05.20244 160 €8 320 €
RORO 2012 mess Göteborgis 22-24.05.2012
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus		Ekspordi arendamise toetus22.03.2012 – 20.06.201220 242 €
WCA Sino-International Freight Forwarders Conference 2011 in Shanghai
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus		Ekspordi arendamise toetus22.07.2011 – 10.10.20119 975 €

Riigi Tugiteenuste Keskus, toetatud projektid

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

60
AS AlexelaNasdaq CSD SE555,0 m €BBEricsson Eesti AktsiaseltsNasdaq CSD SE416,6 m €AAAS SEB PankNasdaq CSD SE405,8 m €AAAktsiaselts METAPRINTNasdaq CSD SE85,8 m €AAAAS HANZA Mechanics TartuNasdaq CSD SE81,5 m €AAAERGO Insurance SENasdaq CSD SE80,6 m €AAAElke Tallinn ASNasdaq CSD SE62,0 m €AAAaktsiaselts ESTIKO - PLASTARNasdaq CSD SE48,2 m €AAAStockmann AktsiaseltsNasdaq CSD SE42,3 m €AAaktsiaselts PINUSNasdaq CSD SE29,6 m €AAAAktsiaselts BalbiinoNasdaq CSD SE29,5 m €AAAAktsiaselts Magnum VeterinaariaNasdaq CSD SE28,6 m €BBAktsiaselts KROONINGNasdaq CSD SE27,1 m €BInterchemie Werken De Adelaar Eesti aktsiaseltsNasdaq CSD SE25,5 m €BBBSchneider Electric Eesti ASNasdaq CSD SE24,9 m €BAktsiaselts TopautoNasdaq CSD SE21,6 m €AAAktsiaselts Lincona KonsultNasdaq CSD SE19,2 m €AAAAS All Media EestiNasdaq CSD SE17,2 m €AAAktsiaselts PAFERNasdaq CSD SE15,1 m €AAABaltyre Eesti ASNasdaq CSD SE14,8 m €AAAaktsiaselts PristisNasdaq CSD SE13,5 m €AAAAktsiaselts Viru ElektrikaubandusNasdaq CSD SE10,6 m €AAAktsiaselts STANDARDNasdaq CSD SE10,6 m €AAS Eesti LeivatööstusNasdaq CSD SE10,3 m €Aaktsiaselts LTTNasdaq CSD SE10,2 m €AAAMotoral Eesti AktsiaseltsNasdaq CSD SE8,6 m €AAktsiaselts Silmani ElekterNasdaq CSD SE8,0 m €Aaktsiaselts HALS TRADING - TNasdaq CSD SE6,8 m €Aaktsiaselts "Rauameister"Nasdaq CSD SE6,8 m €AAAktsiaselts "Erimell"Nasdaq CSD SE6,4 m €AAAAktsiaselts Taastusravikeskus ViikingNasdaq CSD SE5,8 m €AAAAktsiaselts Loo ElekterNasdaq CSD SE5,5 m €AAAaktsiaselts IKODORNasdaq CSD SE4,9 m €AAAktsiaselts ANTAARESNasdaq CSD SE4,7 m €AACaverion Eesti ASNasdaq CSD SE4,6 m €AAktsiaselts Kiviõli KaubahoovNasdaq CSD SE4,4 m €AAAktsiaselts Metsaküla PiimNasdaq CSD SE3,9 m €AAAaktsiaselts VÕRU VESINasdaq CSD SE3,4 m €AAAaktsiaselts TAUF-AUTONasdaq CSD SE2,9 m €AAAaktsiaselts CISTANasdaq CSD SE2,6 m €AAAPRIMULATOR EESTI AktsiaseltsNasdaq CSD SE2,2 m €AAARTT AktsiaseltsNasdaq CSD SE2,1 m €AAAAS Remedium Kalamaja ApteekNasdaq CSD SE1,7 m €AAaktsiaselts ESTIKONasdaq CSD SE1,6 m €AAAAktsiaselts Ekspress GruppNasdaq CSD SE1,4 m €AALEKON PROPERTY ASNasdaq CSD SE1,2 m €AAAAktsiaselts FotoluksNasdaq CSD SE1,1 m €BBBAktsiaselts LAVEXNasdaq CSD SE692 k €CAktsiaselts Peipsi KalameesNasdaq CSD SE498 k €AAAktsiaselts MihkliNasdaq CSD SE475 k €AAAS Tolaram InvestmentsNasdaq CSD SE380 k €AAAktsiaselts Projekt ENasdaq CSD SE198 k €AAAktsiaselts YearNasdaq CSD SE132 k €CRaisio Eesti AktsiaseltsNasdaq CSD SE120 k €ADeden-Invest AktsiaseltsNasdaq CSD SE51 638 €AKatus ASNasdaq CSD SE13 588 €Aaktsiaselts FaabulaNasdaq CSD SE0 €BBBAktsiaselts TalveaedNasdaq CSD SE · Likvideerimisel0 €CAktsiaselts SpratfilNasdaq CSD SE · Bankrupt0 €CAktsiaselts RoolidNasdaq CSD SE0 €

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Logistikaalane tegevus

20
#CompanyRevenue
1CF&S Estonia AS57,3 m €
2XB Global OÜ20,7 m €
3Alpi Eesti OÜ17,1 m €
4osaühing Express Shipping Service6,8 m €
5Osaühing Kaubaekspress5,0 m €
6Tuleviku Logistika OÜ5,0 m €
7OÜ Hellmann Worldwide Logistics4,9 m €
83p logistics OÜ4,3 m €
9DNL Logistics OÜ3,1 m €
10SILRO Logistics OÜ3,0 m €
11Dalin Est OÜ2,1 m €
12Fargo Trans OÜ1,9 m €
13Escomest OÜ1,9 m €
14SAVCHUK INTERNATIONAL OÜ1,8 m €
15Euro Gulf OÜ1,8 m €
16ProfitlogiQ OÜ1,6 m €
17Euro-Asia Logistics OÜ1,4 m €
18OÜ EXCALIBUR1,2 m €
19BlueSky Parcel OÜ1,2 m €
20POLEST TRANS OÜ1,1 m €

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Licences, domains

3 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
Jäätmekäitleja registreering: Jäätmete vedamine - Üle-eestilineRE.JÄ/52054510.11.2023
MerendusMER00001001.06.2021

Domains

DomainSource
cfs.eeBusiness Register

History and notices

37
DateTypeContent
07.07.2025Trahvihoiatusmäärus: majandusaasta aruanne esitamata
06.03.2025EntryAmendment entry
31.07.2023EntryMuutmiskanne TsMS § 595¹ lg 1 alusel
03.04.2023EntryAmendment entry
02.02.2023EntryAmendment entry
28.12.2021EntryKommertspandi kustutamiskanne
28.12.2021EntryKommertspandi kustutamiskanne
28.12.2021EntryKommertspandi kustutamiskanne
08.05.2019EntryAmendment entry
02.08.2018EntryKommertspandi avamiskanne
16.01.2018EntryAmendment entry
07.11.2017EntryAmendment entry
28.09.2017EntryAmendment entry
10.02.2017EntryAmendment entry
10.02.2017EntryAmendment entry
07.02.2017Order to remedy deficienciesAmendment entry
14.09.2016EntryAmendment entry
02.02.2016EntryAmendment entry
29.01.2016Order to remedy deficienciesAmendment entry
01.09.2015EntryAmendment entry
25.09.2012EntryAmendment entry
18.09.2012Order to remedy deficienciesAmendment entry
11.07.2011EntryAmendment entry
21.06.2011Order to remedy deficienciesAmendment entry
04.08.2010EntrySecond, constitutive merger entry (on the acquiring company's register card)
10.06.2009EntryKommertspandi avamiskanne
03.12.2008Tegevusalade kustutamine registrikaardiltAmendment entry
14.12.2007EntryAmendment entry
04.10.2007EntryAmendment entry
02.10.2007Kättetoimetatav puuduste kõrvaldamise määrusAmendment entry
22.02.2006EntryAmendment entry
22.02.2006EntryAmendment entry
06.02.2006Kättetoimetatav puuduste kõrvaldamise määrusAmendment entry
03.01.2005Jaatav kandeotsusAmendment entry
20.12.2004Jaatav kandeotsusAmendment entry
23.11.2004Kättetoimetatav puuduste kõrvaldamise määrusAmendment entry
01.10.2002Kandeotsus ex officioMärkus