Cipax Eesti ASRegistered
Key figures
12 394 900 €+7,0%
Revenue 2025
+1,0%
Average annual growth 2019–2025
Ratios
2025−0,5%
Profit margin
10,3%
EBITDA margin
77,6%
Equity ratio
2,9×
Current ratio
−1,0%
Return on equity
1990 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 4 171 947 € | 92 | 287 932 € |
| Q1 2026 | 3 371 134 € | 93 | 260 062 € |
| Q4 2025 | 4 889 563 € | 91 | 260 928 € |
| Q3 2025 | 3 420 534 € | 89 | 317 775 € |
| Q2 2025 | 5 268 061 € | 91 | 278 853 € |
| Q1 2025 | 3 561 178 € | 90 | 238 684 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
Distributed as dividends 3 998 720 € (38% of distributable profit).
In addition, equity decreased by 1279 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.
History
dividend other equity decrease
20253 998 720 €+1279 € other
20241 000 000 €
20231 000 000 €
20221 000 000 €
20211 000 000 €
20201 000 000 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 7 499 553 | 8 168 009 | 8 526 225 | 7 963 140 | 8 390 821 | 8 228 406 | 5 346 236 |
| Total non-current assets | 4 115 894 | 3 896 848 | 3 990 080 | 3 788 536 | 3 474 905 | 3 131 229 | 2 908 948 |
| Total assets | 11 615 447 | 12 064 857 | 12 516 305 | 11 751 676 | 11 865 726 | 11 359 635 | 8 255 184 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 551 884 | 1 130 609 | 1 571 434 | 1 031 159 | 1 103 008 | 886 630 | 1 846 970 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 551 884 | 1 130 609 | 1 571 434 | 1 031 159 | 1 103 008 | 886 630 | 1 846 970 |
| Share capital | 25 565 | 25 565 | 25 565 | 25 565 | 25 565 | 25 565 | 25 565 |
| Retained earnings of previous periods | 10 298 634 | 10 034 163 | 9 904 848 | 9 915 471 | 9 691 117 | 9 733 318 | 6 444 885 |
| Profit for the year | 735 529 | 870 685 | 1 010 623 | 775 646 | 1 042 201 | 710 287 | −64 792 |
| Reserves and other equity | 3835 | 3835 | 3835 | 3835 | 3835 | 3835 | 2556 |
| Total equity | 11 063 563 | 10 934 248 | 10 944 871 | 10 720 517 | 10 762 718 | 10 473 005 | 6 408 214 |
| Income statement | |||||||
| Sales revenue | 11 659 530 | 10 321 486 | 13 704 766 | 14 929 419 | 13 224 767 | 11 579 467 | 12 394 900 |
| Operating profit | 985 456 | 1 091 534 | 1 202 464 | 929 220 | 1 069 626 | 698 225 | 968 561 |
| EBITDA | 1 327 617 | 1 471 016 | 1 581 550 | 1 333 086 | 1 479 082 | 1 063 143 | 1 277 946 |
| Profit before income tax | 985 529 | 1 091 615 | 1 202 483 | 938 437 | 1 204 992 | 873 078 | 1 063 413 |
| Profit for the reporting year | 735 529 | 870 685 | 1 010 623 | 775 646 | 1 042 201 | 710 287 | −64 792 |
| Labour costs | 2 166 077 | 2 056 967 | 2 500 579 | 2 598 722 | 2 559 325 | 2 509 697 | 2 725 578 |
| Depreciation of non-current assets | 342 161 | 379 482 | 379 086 | 403 866 | 409 456 | 364 918 | 309 385 |
| Other indicators | |||||||
| Employees | 100 | 95 | 105 | 105 | 91 | 89 | 92 |
| Calculated dividend | — | 1 000 000 | 1 000 000 | 1 000 000 | 1 000 000 | 1 000 000 | 3 998 720 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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