AS Saaremaa PiimatööstusRegistered
Going concern uncertainty. In the 2025 report the auditor pointed to material uncertainty about the company's ability to continue as a going concern.
Key figures
34 659 068 €+5,6%
Revenue 2025
+6,4%
Average annual growth 2019–2025
Ratios
2025−4,0%
Profit margin
−1,2%
EBITDA margin
10,8%
Equity ratio
0,5×
Current ratio
−92,1%
Return on equity
1755 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 7 705 336 € | 81 | 219 979 € |
| Q1 2026 | 7 987 315 € | 74 | 234 447 € |
| Q4 2025 | 8 522 556 € | 77 | 250 869 € |
| Q3 2025 | 9 544 478 € | 76 | 263 821 € |
| Q2 2025 | 9 188 707 € | 82 | 242 909 € |
| Q1 2025 | 7 991 104 € | 78 | 225 877 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 4 849 097 | 5 041 981 | 4 276 393 | 6 616 323 | 5 505 189 | 4 663 201 | 4 975 337 |
| Total non-current assets | 8 825 011 | 8 457 050 | 9 633 946 | 8 879 723 | 8 134 265 | 8 324 075 | 8 860 978 |
| Total assets | 13 674 108 | 13 499 031 | 13 910 339 | 15 496 046 | 13 639 454 | 12 987 276 | 13 836 315 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 5 298 474 | 7 894 487 | 6 807 993 | 8 127 482 | 8 007 361 | 7 651 068 | 9 521 615 |
| Non-current liabilities | 3 372 288 | 1 335 116 | 3 587 417 | 2 910 981 | 2 607 330 | 2 452 811 | 2 813 468 |
| Total liabilities | 8 670 762 | 9 229 603 | 10 395 410 | 11 038 463 | 10 614 691 | 10 103 879 | 12 335 083 |
| Share capital | 723 633 | 723 633 | 723 633 | 723 633 | 723 633 | 723 633 | 723 633 |
| Retained earnings of previous periods | 3 560 905 | 2 830 374 | 2 096 456 | 1 341 957 | 2 284 611 | 851 791 | 710 425 |
| Profit for the year | −730 531 | −733 918 | −754 499 | 942 654 | −1 432 820 | −141 366 | −1 382 165 |
| Reserves and other equity | 1 449 339 | 1 449 339 | 1 449 339 | 1 449 339 | 1 449 339 | 1 449 339 | 1 449 339 |
| Total equity | 5 003 346 | 4 269 428 | 3 514 929 | 4 457 583 | 3 024 763 | 2 883 397 | 1 501 232 |
| Income statement | |||||||
| Sales revenue | 23 916 853 | 22 718 747 | 25 937 054 | 33 757 926 | 33 982 834 | 32 828 784 | 34 659 068 |
| Operating profit | −590 161 | −591 415 | −552 657 | 1 174 660 | −1 088 498 | 187 109 | −1 166 789 |
| EBITDA | 241 244 | 196 032 | 261 349 | 2 048 989 | −225 432 | 890 991 | −410 225 |
| Profit before income tax | −730 531 | −733 918 | −754 499 | 942 654 | −1 432 820 | −141 366 | −1 382 165 |
| Profit for the reporting year | −730 531 | −733 918 | −754 499 | 942 654 | −1 432 820 | −141 366 | −1 382 165 |
| Labour costs | 2 399 697 | 2 726 179 | 2 444 436 | 2 584 393 | 2 463 638 | 2 198 563 | 2 374 799 |
| Depreciation of non-current assets | 831 405 | 787 447 | 814 006 | 874 329 | 863 066 | 703 882 | 756 564 |
| Other indicators | |||||||
| Employees | 102 | 102 | 100 | 89 | 78 | 75 | 75 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
Click a node to see its other connections.
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Juustu ja kohupiima tootmine
Same address