Pipelife Eesti ASRegistered
Qualified audit opinion. 2020 report: Qualified.
Key figures
33 639 466 €+2,8%
Revenue 2025
+4,5%
Average annual growth 2019–2025
Ratios
2025−2,2%
Profit margin
2,6%
EBITDA margin
9,5%
Equity ratio
0,6×
Current ratio
−46,4%
Return on equity
4038 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 16 122 353 € | 77 | 518 287 € |
| Q1 2026 | 8 395 014 € | 75 | 402 211 € |
| Q4 2025 | 11 212 754 € | 76 | 433 179 € |
| Q3 2025 | 11 009 591 € | 78 | 452 151 € |
| Q2 2025 | 12 536 513 € | 81 | 581 233 € |
| Q1 2025 | 7 713 576 € | 79 | 428 261 € |
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 | 8 540 796 | 7 067 168 | 9 697 844 | 10 122 401 | 8 722 732 | 9 578 503 | 8 787 155 |
| Total non-current assets | 5 547 070 | 5 938 186 | 7 484 326 | 8 095 925 | 7 344 103 | 7 400 273 | 7 959 497 |
| Total assets | 14 087 866 | 13 005 354 | 17 182 170 | 18 218 326 | 16 066 835 | 16 978 776 | 16 746 652 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 4 178 064 | 2 794 204 | 4 666 440 | 3 964 766 | 4 842 091 | 5 520 308 | 14 947 090 |
| Non-current liabilities | 6 324 453 | 7 718 969 | 11 117 584 | 14 134 566 | 8 176 839 | 9 122 908 | 204 595 |
| Total liabilities | 10 502 517 | 10 513 173 | 15 784 024 | 18 099 332 | 13 018 930 | 14 643 216 | 15 151 685 |
| Share capital | 25 024 | 25 024 | 25 024 | 25 024 | 25 024 | 25 024 | 25 024 |
| Retained earnings of previous periods | −3 276 748 | −3 571 470 | −4 664 638 | −5 758 673 | −7 037 825 | −9 108 914 | −9 821 259 |
| Profit for the year | −294 722 | −1 093 168 | −1 094 035 | −1 279 152 | −2 071 089 | −712 345 | −740 593 |
| Reserves and other equity | 7 131 795 | 7 131 795 | 7 131 795 | 7 131 795 | 12 131 795 | 12 131 795 | 12 131 795 |
| Total equity | 3 585 349 | 2 492 181 | 1 398 146 | 118 994 | 3 047 905 | 2 335 560 | 1 594 967 |
| Income statement | |||||||
| Sales revenue | 25 894 501 | 24 760 540 | 30 697 398 | 31 873 647 | 30 295 021 | 32 732 957 | 33 639 466 |
| Operating profit | −93 460 | −766 389 | −676 246 | −645 854 | −762 333 | 292 824 | −72 284 |
| EBITDA | 481 438 | 240 964 | 535 534 | 504 011 | 760 239 | 1 391 884 | 878 535 |
| Profit before income tax | −294 722 | −1 093 168 | −1 094 035 | −1 279 152 | −2 071 089 | −712 345 | −740 593 |
| Profit for the reporting year | −294 722 | −1 093 168 | −1 094 035 | −1 279 152 | −2 071 089 | −712 345 | −740 593 |
| Labour costs | 3 308 546 | 3 483 942 | 3 788 193 | 3 895 008 | 3 642 089 | 4 218 344 | 4 491 660 |
| Depreciation of non-current assets | 574 898 | 1 007 353 | 1 211 780 | 1 149 865 | 1 522 572 | 1 099 060 | 950 819 |
| Other indicators | |||||||
| Employees | 87 | 91 | 95 | 85 | 71 | 77 | 80 |
| 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.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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