ETENRU
RegisteredIda-Viru County
Registry code
12214574
VAT number
EE101507091
Address
Ida-Viru maakond, Narva linn, Linda tn 20, 20309
Registered
06.01.2012 · 14 yrs
Activity
Manufacture of metal structures and parts of structures 25119
Additional activities
Metallide ja metallimaakide hulgimüük, Freight transport by road
Capital
5 500 €
Email
f•••@f•••.comLog in to see
Phone
+372 •• ••••Log in to see
Website
www.fortacogroup.com from email
Business Register 06.10.2026
Sales revenue60,7 m €+3%2025 annual report
Profit2,7 m €2025 annual report
Employees382Tax Board 2026 Q2
Average gross salary2 775 €estimate, Tax Board 2026 Q2
Labour taxes per quarter1,6 m €Tax Board 2026 Q2
Cash30 137 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months86,2 m €+20%Tax Board, last 4 quarters
State taxes 12 months6,0 m €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 25,6 mln €
15,6 M19,2 M15,9 M20,9 M19,3 M21,8 M19,5 M25,6 M
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AAA
Excellent, very low risk
96 / 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 → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 20% vs a year earlier
Email right away on tax debt, bankruptcy or board change
Add the rating badge to your website

The badge code is available to this company's verified account: verification uses a code we send to the company email in the Business Register. The badge updates itself and cannot be bought. Read more

Data

Board and owners

3 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Larissa Šabunova1 companyno tax debtPersonal ID ↗14.12.2016
Teemu Eemeli Hovi2 companiesno tax debt04.05.1981 (45 a)Personal ID ↗17.11.2025
Other persons 1
Nasdaq CSD SEOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist.28.09.2017
Shareholders 1
Omanikukonto: FORTACO FINLAND OY100,0% 5 500 €27.03.2026
Beneficial owners 3
Gregory Amilcar Belinfantikaudne osalus10.11.2022
Paul Carl Schorr IVkaudne osalus10.11.2022
Richard Marshall Cashinkaudne osalus10.11.2022

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue6,0%
Labour taxes / revenue6,3%
Revenue per employee per month22 321 €
Gross salary (estimate)2 775 €
Net salary (estimate)2 241 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q225 580 183 €▲ 22%1 621 946 €1 532 509 €382
2026 Q119 455 348 €▲ 23%1 425 508 €1 355 483 €375
2025 Q421 793 810 €▲ 14%1 611 707 €1 533 667 €375
2025 Q319 324 378 €▲ 24%1 710 003 €1 623 361 €396
2025 Q220 903 593 €▼ 14%1 525 913 €1 451 434 €406
2025 Q115 881 045 €▼ 17%1 383 138 €1 318 340 €371
2024 Q419 163 766 €▼ 18%1 433 756 €1 365 607 €380
2024 Q315 592 559 €▼ 31%1 562 936 €1 490 677 €387
2024 Q224 338 500 €▼ 12%1 606 248 €1 528 221 €413
2024 Q119 235 990 €▼ 14%1 551 916 €1 478 212 €444
2023 Q423 406 029 €▼ 13%1 608 058 €1 535 150 €457
2023 Q322 487 075 €▼ 7%1 677 044 €1 602 948 €463
Show full history (18 quarters)
2023 Q227 803 450 €▲ 7%1 648 102 €1 570 507 €476
2023 Q122 281 546 €▲ 6%1 460 061 €1 397 193 €481
2022 Q426 889 814 €1 459 549 €1 386 720 €486
2022 Q324 129 745 €1 515 262 €1 442 308 €494
2022 Q226 033 102 €1 490 702 €1 419 436 €503
2022 Q121 083 318 €1 317 436 €1 409 919 €505

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 revenue60,7 m €▲ 3%58,7 m €▼ 22%75,6 m €▲ 2%74,0 m €▲ 40%52,9 m €
Profit2,7 m €▲ 198%893 k €▼ 76%3,8 m €▼ 13%4,4 m €▲ 44%3,0 m €
Profit margin4,4%1,5%5,0%5,9%5,7%
Retained earnings16,3 m €▲ 6%15,4 m €▲ 33%11,6 m €▲ 60%7,2 m €▲ 72%4,2 m €
Cash30 137 €▼ 81%162 k €▼ 97%5,1 m €▲ 71%3,0 m €▼ 33%4,4 m €
Current assets14,6 m €▲ 22%12,0 m €▼ 15%14,1 m €▼ 13%16,2 m €▲ 10%14,7 m €
Fixed assets25,6 m €▲ 3%25,0 m €▲ 17%21,4 m €▲ 43%15,0 m €▲ 19%12,6 m €
Assets40,3 m €▲ 9%36,9 m €▲ 4%35,5 m €▲ 14%31,2 m €▲ 14%27,4 m €
Current liabilities8,7 m €▲ 13%7,6 m €▼ 11%8,6 m €▼ 13%9,9 m €▲ 7%9,3 m €
Long-term liabilities6,7 m €▼ 5%7,0 m €▲ 27%5,5 m €▲ 47%3,8 m €▼ 23%4,8 m €
Total liabilities15,3 m €▲ 4%14,7 m €▲ 4%14,1 m €▲ 3%13,7 m €▼ 3%14,1 m €
Equity24,9 m €▲ 12%22,3 m €▲ 4%21,4 m €▲ 22%17,6 m €▲ 33%13,2 m €
Labour costs-16,8 m €▼ 9%-15,4 m €▲ 11%-17,4 m €▼ 7%-16,3 m €▼ 24%-13,2 m €
Employees388▼ 6%414▼ 13%475▼ 5%498▲ 4%478
Filed04.05.202607.05.202516.04.202424.04.202325.04.2022
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
Manufacture of metal structures and parts of structures main activity2511958 616 484 €97%
Metallide ja metallimaakide hulgimüük468211 437 763 €2%
Freight transport by road49411625 113 €1%

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

534 tuh € makseid · 1 toetust

Transactions with state institutions

202685 982 €
2025426 k €
20249 932 €
202312 215 €

Largest payers

MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM506 659 €
Narva Linnavalitsuse Linnamajandusamet12 668 €
KLIIMAMINISTEERIUM8 000 €
SA Ida-Viru Investeeringute Agentuur6 477 €
Eesti Töötukassa473 €
All payments by month
MonthPayerTypeFieldAmount
08.2026Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)268 €
07.2026Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)254 €
06.2026Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)264 €
05.2026Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)264 €
04.2026Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)296 €
03.2026MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUMMuud toetusedGeneral economic and trade policy83 879 €
03.2026Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)254 €
02.2026Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)236 €
01.2026Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)268 €
12.2025Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)303 €
11.2025Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)250 €
10.2025MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUMMuud toetusedGeneral economic and trade policy87 940 €
10.2025Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)250 €
09.2025Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)254 €
08.2025Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)324 €
07.2025Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)316 €
06.2025Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)309 €
05.2025MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUMMuud toetusedGeneral economic and trade policy203 454 €
05.2025Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)316 €
04.2025Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)256 €
03.2025Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)298 €
02.2025Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)253 €
01.2025MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUMMuud toetusedGeneral economic and trade policy131 385 €
01.2025Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)239 €
12.2024Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)284 €
11.2024Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)336 €
10.2024SA Ida-Viru Investeeringute AgentuurOperating costsGeneral economic development projects463 €
10.2024Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)277 €
09.2024SA Ida-Viru Investeeringute AgentuurOperating costsGeneral economic development projects463 €
09.2024Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)281 €
08.2024SA Ida-Viru Investeeringute AgentuurOperating costsGeneral economic development projects463 €
08.2024Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)270 €
07.2024SA Ida-Viru Investeeringute AgentuurOperating costsGeneral economic development projects567 €
07.2024Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)260 €
06.2024SA Ida-Viru Investeeringute AgentuurOperating costsGeneral economic development projects567 €
06.2024Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)274 €
05.2024SA Ida-Viru Investeeringute AgentuurOperating costsGeneral economic development projects567 €
05.2024Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)302 €
04.2024SA Ida-Viru Investeeringute AgentuurOperating costsGeneral economic development projects567 €
04.2024Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)323 €
03.2024SA Ida-Viru Investeeringute AgentuurOperating costsGeneral economic development projects1 135 €
03.2024Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)260 €
02.2024Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)319 €
01.2024SA Ida-Viru Investeeringute AgentuurOperating costsGeneral economic development projects1 684 €
01.2024Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)269 €
12.2023Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)269 €
11.2023Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)269 €
10.2023Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)266 €
09.2023Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)355 €
08.2023KLIIMAMINISTEERIUMMuud toetusedSaaste vähendamine8 000 €
08.2023Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)307 €
07.2023Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)307 €
06.2023Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)434 €
05.2023Eesti TöötukassaMuud toetusedSocial protection of the unemployed473 €
05.2023Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)280 €
04.2023Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)362 €
03.2023Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)273 €
02.2023Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)290 €
01.2023Narva Linnavalitsuse LinnamajandusametOperating costsOther economic affairs (incl. administration)331 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Toetuse saanud projektid toetus kokku 1,9 mln €

ProjektMeedePerioodToetusVälja makstud
Fortaco Estonia uue ärisuuna laiendus
Rahastatud · Ettevõtluse ja Innovatsiooni Sihtasutus
(EK nr 8.1) Õiglane üleminek28.07.2023 – 30.09.20261 934 679 €2 026 634 €

Riigi Tugiteenuste Keskus, toetatud projektid

Holdings in other companies

1
CompanyCodeHoldingSinceRevenue
Linda Properties OÜ12381622100,0%16.08.20231,9 m €

Business Register

Companies linked via the board

1

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Manufacture of metal structures and parts of structures

20

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

Tegevusload, pandid

3 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
Keskkonnaluba: Kadastiku tootmishooneKL-52257304.09.2024
Keskkonnaluba: Fortaco Estonia Narva tootmisüksusL.ÕV/32616129.05.2015

Commercial pledges

NumberPandipidajaAmountSince
2Nordic Trustee & Agency AB (publ)3 500 000 €21.12.2022

History and notices

25
DateTypeContent
04.09.2026EntryAmendment entry
10.07.2026EntryAmendment entry
17.11.2025EntryAmendment entry
21.12.2022EntryKommertspandi avamiskanne
21.12.2022EntryAmendment entry
20.12.2022Administrative orderKommertspandi avamiskanne
19.10.2022EntryKommertspandi kustutamiskanne
19.10.2022Order to remedy deficienciesKommertspandi kustutamiskanne
10.10.2022Order to remedy deficienciesKommertspandi kustutamiskanne
09.03.2021EntrySecond, constitutive merger entry (on the acquiring company's register card)
17.01.2018EntryAmendment entry
02.12.2017EntryAmendment entry
28.09.2017EntryAmendment entry
14.12.2016EntryAmendment entry
27.02.2015EntryAmendment entry
26.08.2013EntryAmendment entry
08.05.2013EntryAmendment entry
08.05.2013Order to remedy deficienciesAmendment entry
07.01.2013EntryAmendment entry
21.06.2012EntryAmendment entry
15.03.2012EntryKommertspandi avamiskanne
03.02.2012EntryAmendment entry
19.01.2012Märge osade või aktsiate registreerituse kohta EVK-sMärkus
10.01.2012EntryAmendment entry
06.01.2012EntryFirst entry